|
|
 |
|
Viewing report
|
|
|
|
Strategic Analysis of European Market for Alternative Fuel Vehicles
Frost & Sullivan, Aug 2007, Pages: 146
This Frost & Sullivan research service titled Strategic Analysis of European Market for Alternative Fuel Vehicles provides market share, penetration rates and market size for alternative fuel vehicles. In this research, Frost & Sullivan's expert analysts thoroughly examine the following markets: flex fuel vehicles, natural gas vehicles and hydrogen vehicles.
Market Sectors
Expert Frost & Sullivan analysts thoroughly examine the following market sectors in this research:
-Natural gas vehicles
-Flex fuel vehicles
-Hydrogen vehicles
Directive to Progressively Increase Use of Green Fuels to Boost Production of Alternative Fuel Vehicles
The alternative fuel vehicle market has got a shot in the arm with the European Union (EU) Commission’s ‘Green Paper’ (2001) setting targets with regard to the usage of alternative fuels (bio fuel, natural gas) in transportation replacing mineral fuels. It stipulates bio fuel’s usage to increase to 6 per cent by 2010, 7 per cent by 2015 and 10 per cent by 2020, while natural gas’ usage should be 2 per cent, 5 per cent and 10 per cent for the same periods.
Meanwhile, the Association des Constructeurs Européens d'Automobiles (ACEA), along with the EU Commission, plans to bring in legislation to make CO2 emission reduction mandatory. 'Vehicle manufacturers are finding it difficult to reduce CO2 emission on conventional vehicles running on fossil fuels,' says the analyst of this research service. 'With low impurities, no particulates and high octane rating, bio fuels and natural gas offer CO2 emission reduction by around 20 to 30 per cent.'
Alternative fuel vehicles are likely to have a penetration rate of around 6 per cent in the European market by 2015, accounting for about 1.2 million vehicles. Flex fuel vehicles are likely to dominate the market with estimated volumes of over 650,000 vehicles by 2015 in Europe. Sweden and France are likely to be the biggest markets for flex fuel vehicles in the coming years, while Italy and Germany are the growth markets for natural gas vehicles.
Customers who bought this item also bought
Natural Gas Vehicles 2009
Global Commercial Aviation Alternative Fuel Market - A Strategic Overview
Evaluation of World Market Potential for LPG and CNG Vehicles and Alternative Fuel Conversion Equipment in the OE and Aftermarket
Natural Gas Vehicles - Global Strategic Business Report
The Landscape for CNG as an Alternative Fuel
Advances in Alternative Fuel Technologies in Europe
Natural Gas Vehicles - A World Market Intelligence Report
Electric Vehicles - Global Strategic Business Report
Fuel Cells - Global Strategic Business Report
Investment Dynamics in Alternative Fuels - Europe
European Alternative Vehicles and Conversion Equipment Markets
Natural Gas Vehicles
|
|
|
|
