Low Emission Vehicles Market in the US Is Anticipated to Grow at a CAGR of 5.13% During 2014-2019
Albany, NY -- (SBWire) -- 09/14/2015 --The low emission vehicles market in the US is gaining importance with the implementation of stricter emission standards and OEMs growing product portfolio of such vehicles. The EPA in the US has developed a guide for consumers to create more awareness about green or low emission vehicles and their advantages. Several options of low emission cars such as flexi fuel vehicles, plug-in hybrids, CNG vehicles, and electric vehicles that run on alternate fuels are available for US consumers. More than 10,000 fuel stations that provide alternate fuels are spread across the country, and this number is increasing to cater to the growing demand from the US consumers.
Technavio's analysts forecast the low emission vehicles market in the US to grow at a CAGR of 5.13% during 2014-2019. Low Emission Vehicles Market in the US 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
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Key vendors:
BMW
Ford Motors
General Motors
Honda Motors
Toyota Motors
Volkswagen
Market driver
Growing focus on environmental issues
For a full, detailed list, view our report
Market challenge
Customers perception of EVs
For a full, detailed list, view our report
Market trend
Improving infrastructure for alternate vehicles
For a full, detailed list, view our report
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Key questions answered in this report:-
What will the market size be in 2019 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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