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Global Alternate Transportation Technology Market 2022-2028

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    Report

  • 125 Pages
  • April 2022
  • Region: Global
  • Orion Market Research Private Limited
  • ID: 4537373
UP TO OFF until Dec 31st 2022

Global Alternate Transportation Technology Market Size, Share &Trends Analysis Report By Transportation Mode (Air, Road, Rail And Vacuum Tubes/ Pneumatic Pressure Tube), By Fuel Type (Electricity And Fuel Cells), And By Application (Freight / Carriage Vehicle, Personal Vehicle, And Passenger Vehicle) Forecast Period (2022-2028)


The global alternate transportation technology market is anticipated to grow at a substantial CAGR of 10.3% during the forecast period. Rapid development of infrastructure in emerging economies along with government initiatives due to increased concerned about the environment will drive this market. Government in emerging and emerged economy is very much concerned about the environment as well as the conservation of limited resources. Continuous research and development in technology to make such transportation means feasible in terms of implementation is another factor that will drive the future of this market. For instance, in 2022, Indian government's automotive testing agency, iCAT (International Centre for Automotive Technology) has signed a memorandum of understanding (MoU) with Toyota to study and evaluate Toyota Mirai fuel cell electric vehicle (FCEV). Hence, the initiatives taken by governments across the globe along with increasing development of infrastructure will substantially improve the growth of the market during the forecast period. However, Safety of passenger in driverless vehicles, lack of awareness about the technologies and high initial investment on such projects are the factors that hinder the growth of this market.


The global alternate transportation technology market is segmented based on the transportation mode, fuel type, and application. Based on the transportation mode, the market is segmented into air, road, rail and vacuum tubes/ pneumatic pressure tube. Based on the fuel type, the market is sub-segmented into the electricity and fuel cells. Further, on the basis of application, the market is sub-segmented into freight / carriage vehicle, personal vehicle, and passenger vehicle. The above mentioned segments can be customized as per the requirements. On the basis of fuel type, the fuel cells segment is expected to hold considerable share in the market owing to ongoing research and commercial efforts to expand the limited hydrogen fueling infrastructure and increase the production of fuel cell electric vehicles. When compared to conventional vehicles, Hydrogen fuel cell vehicles are capable of long trips and a short refueling time. Additionally, fuel cell vehicles are also likely to be less expensive than conventional vehicles in the long run. Several manufacturers are working together to co-develop fuel cell systems to reduce costs and increase the production. For instance, BMW and Volkswagen Group are both developing hydrogen-powered passenger vehicles along with a series of new EVs and in 2020, Toyota launched the second-generation model of its Mirai hydrogen vehicle.


Geographically market is segmented into North America, Europe, Asia Pacific, and the Rest of the World. APAC is expected to grow significantly as they are the emerging economies and companies such as Baidu and Transit elevated bus is contributing continuously in futuristic transportation technologies. Scope of such technology lags far behind in rest of the world. Furthermore government plans to make alternative-fuel vehicles more accessible are considerably adding to the market share in this region. China is the world's largest automotive market with presence of western companies, including General Motors, Volkswagen and Tesla. The Chinese authorities announced that by 2035, all new vehicles sold in China must be powered by 'new-energy' while half of them must be electric, fuel cell, or plug-in hybrid - the remaining 50%, hybrid vehicles.


The major companies serving the global alternate transportation technology market include AECOM, Delft Hyperloop, Hyperloop Transportation Technologies, Space Exploration Technologies Corp, TRANSPOD, and others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers and acquisitions, partnerships, collaborations, funding, and new product launches, to stay competitive in the market. For instance, General Motors announced in 2021, a deal with Liebherr-Aerospace to develop a hydrogen fuel-cell power generation demonstrator system for aircrafts. This demonstrator will be based on GM’s HYDROTEC hydrogen fuel cell technology.


Research Methodology

The market study of the global alternate transportation technology market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to breakdown the market into various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives as possible, managers, key opinion leaders, and industry experts. Primary research brings authenticity to our reports.


Secondary Sources Include

  • Financial reports of companies involved in the market.
  • Whitepapers, research papers, and news blogs.
  • Company websites and their product catalog.

The report provides an in-depth analysis of market size, intended quality of the service preferred by consumers. The report will serve as a source for a 360-degree analysis of the market thoroughly integrating different models.


Market Segmentation


  1. Global Alternate Transportation Technology Market Research and Analysis by Transportation Mode.
  2. Global Alternate Transportation Technology Market Research and Analysis by Fuel Type.
  3. Global Alternate Transportation Technology Market Research and Analysis by Application.

The Report Covers

  • Comprehensive research methodology of the global alternate transportation technology market.
  • This report also includes a detailed and extensive market overview with key analyst insights.
  • An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
  • Analysis of regional regulations and other government policies impacting the global alternate transportation technology market.
  • Insights about market determinants that are stimulating the global alternate transportation technology market.
  • Detailed and extensive market segments with the regional distribution of forecasted revenues.
  • Extensive profiles and recent developments of market players.

Table of Contents

1. Report Summary
  • Current Industry Analysis and Growth Potential Outlook
  • Impact of COVID-19 on the Global Alternate Transportation TechnologyMarket
  • Recovery Scenario of Global Alternate Transportation TechnologyMarket
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. BY Region
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Key Company Analysis
3.2. AECOM
3.2.1. Overview
3.2.2. Financial Analysis
3.2.3. SWOT Analysis
3.2.4. Recent Developments
3.3. Delft Hyperloop
3.3.1. Overview
3.3.2. Financial Analysis
3.3.3. SWOT Analysis
3.3.4. Recent Developments
3.4. Hyperloop Transportation Technologies
3.4.1. Overview
3.4.2. Financial Analysis
3.4.3. SWOT Analysis
3.4.4. Recent Developments
3.5. Space Exploration Technologies Corp.
3.5.1. Overview
3.5.2. Financial Analysis
3.5.3. SWOT Analysis
3.5.4. Recent Developments
3.6. TRANSPOD
3.6.1. Overview
3.6.2. Financial Analysis
3.6.3. SWOT Analysis
3.6.4. Recent Developments
1.1. Key Strategy Analysis
1.2. Impact of Covid-19 on Key Players
2. Market Segmentation
2.1. Global Alternate Transportation Technology Market By Transportation Mode
2.1.1. Air
2.1.2. Road
2.1.3. Rail
2.1.4. Vacuum Tubes/ Pneumatic Pressure Tube
2.2. Global Alternate Transportation Technology Market By Fuel Type
2.2.1. Electricity
2.2.2. Fuel Cells
2.3. Global Alternate Transportation Technology Market By Application
2.3.1. Freight / Carriage Vehicle
2.3.2. Personal Vehicle
2.3.3. Passenger Vehicle
3. Regional Analysis
3.1. North America
3.1.1. United States
3.1.2. Canada
3.2. Europe
3.2.1. UK
3.2.2. Germany
3.2.3. Italy
3.2.4. Spain
3.2.5. France
3.2.6. Rest of Europe
3.3. Asia-Pacific
3.3.1. China
3.3.2. India
3.3.3. Japan
3.3.4. South Korea
3.3.5. Rest of Asia-Pacific
3.4. Rest of the World
4. Company Profiles
4.1. AeroMobil
4.2. AeroVironment, Inc.
4.3. AUTEL ROBOTICS Co., Ltd.
4.4. Baidu, Inc.
4.5. Kespry Inc.
4.6. Lockheed Martin Corporation
4.7. OBAYASHI CORP.
4.8. Parrot Drones S.A.S.
4.9. Renault Group
4.10. SZ DJI Technology Co., Ltd.
4.11. Terrafugia
4.12. Tesla Motors, Inc.
4.13. ThothX, LLC
4.14. Toyota (GB) PLC
4.15. Virgin Hyperloop
4.16. Waymo LLC
4.17. Wisk Aero LLC.
4.18. Yuneec International Co., Ltd.
List of Tables
1. Global Alternate Transportation Technology Market Research and Analysis by Transportation Mode, 2021-2028 ($ Million)
2. Globalalternate Transportation Technology Byairmarket Research and Analysis by Region, 2021-2028 ($ Million)
3. Globalalternate Transportation Technologyby Roadmarket Research and Analysis by Region, 2021-2028 ($ Million)
4. Globalalternate Transportation Technologyby Railmarket Research and Analysis by Region, 2021-2028 ($ Million)
5. Globalalternate Transportation Technologyby Vacuum Tubes/ Pneumatic Pressure Tubemarket Research and Analysis by Region, 2021-2028 ($ Million)
6. Global Alternate Transportation Technology Market Research and Analysis by Fuel Type, 2021-2028 ($ Million)
7. Globalalternate Transportation Technology by Electricity Market Research and Analysis by Region, 2021-2028 ($ Million)
8. Globalalternate Transportation Technology by Fuel Cellsmarket Research and Analysis by Region, 2021-2028 ($ Million)
9. Global Alternate Transportation Technology Market Research and Analysis by Application, 2021-2028 ($ Million)
10. Globalalternate Transportation Technology in Freight / Carriage Vehiclemarket Research and Analysis by Region, 2021-2028 ($ Million)
11. Globalalternate Transportation Technology in Personal Vehiclemarket Research and Analysis by Region, 2021-2028 ($ Million)
12. Globalalternate Transportation Technology in Passenger Vehiclemarket Research and Analysis by Region, 2021-2028 ($ Million)
13. Global Alternate Transportation Technology Market Research and Analysis by Geography, 2021-2028 ($ Million)
14. North American Alternate Transportation Technology Market Research and Analysis by Country, 2021-2028 ($ Million)
15. North American Alternate Transportation Technology Market Research and Analysis by Transportation Mode, 2021-2028 ($ Million)
16. North American Alternate Transportation Technology Market Research and Analysis by Fuel Type, 2021-2028 ($ Million)
17. North American Alternate Transportation Technology Market Research and Analysis by Application, 2021-2028 ($ Million)
18. European Alternate Transportation Technology Market Research and Analysis by Country, 2021-2028 ($ Million)
19. European Alternate Transportation Technology Market Research and Analysis by Transportation Mode, 2021-2028 ($ Million)
20. European Alternate Transportation Technology Market Research and Analysis by Fuel Type, 2021-2028 ($ Million)
21. European Alternate Transportation Technology Market Research and Analysis by Application, 2021-2028 ($ Million)
22. Asia-Pacific Alternate Transportation Technology Market Research and Analysis by Country, 2021-2028 ($ Million)
23. Asia-Pacific Alternate Transportation Technology Market Research and Analysis by Transportation Mode, 2021-2028 ($ Million)
24. Asia-Pacific Alternate Transportation Technology Market Research and Analysis by Fuel Type, 2021-2028 ($ Million)
25. Asia-Pacific Alternate Transportation Technology Market Research and Analysis by Application, 2021-2028 ($ Million)
26. Rest of the World Alternate Transportation Technology Market Research and Analysis by Country, 2021-2028 ($ Million)
27. Rest of the World Alternate Transportation Technology Market Research and Analysis by Transportation Mode, 2021-2028 ($ Million)
28. Rest of the World Alternate Transportation Technology Market Research and Analysis by Fuel Type, 2021-2028 ($ Million)
29. Rest of the World Alternate Transportation Technology Market Research and Analysis by Application, 2021-2028 ($ Million)
List of Figures
1. Impact of Covid-19 on Global Alternate Transportation Technology Market, 2021-2028 ($ Million)
2. Impact of Covid-19 on Global Alternate Transportation Technology Market by Segment, 2021-2028 ($ Million)
3. Recovery of Global Alternate Transportation Technology Market, 2022-2028 (%)
4. Global Alternate Transportation Technology Market Share by Transportation Mode, 2021 Vs 2028 (%)
5. Global Alternate Transportation Technology Byairmarket Share by Geography, 2021 Vs 2028 (%)
6. Global Alternate Transportation Technologyby Roadmarket Share by Geography, 2021 Vs 2028 (%)
7. Global Alternate Transportation Technology Byrailmarket Share by Geography, 2021 Vs 2028 (%)
8. Global Alternate Transportation Technology Byvacuum Tubes/ Pneumatic Pressure Tubemarket Share by Geography, 2021 Vs 2028 (%)
9. Global Alternate Transportation Technology Market Share by Fuel Type, 2021 Vs 2028 (%)
10. Global Alternate Transportation Technology by Electricitymarket Share by Geography, 2021 Vs 2028 (%)
11. Global Alternate Transportation Technology by Fuel Cellsmarket Share by Geography, 2021 Vs 2028 (%)
12. Global Alternate Transportation Technology Market Share by Application, 2021 Vs 2028 (%)
13. Global Alternate Transportation Technology in Freight / Carriage Vehiclemarket Share by Geography, 2021 Vs 2028 (%)
14. Global Alternate Transportation Technology in Personal Vehiclemarket Share by Geography, 2021 Vs 2028 (%)
15. Global Alternate Transportation Technology in Passenger Vehicle Market Share by Geography, 2021 Vs 2028 (%)
16. Global Alternate Transportation Technology Market Share by Geography, 2021 Vs 2028 (%)
17. Us Alternate Transportation Technology Market Size, 2021-2028 ($ Million)
18. Canada Alternate Transportation Technology Market Size, 2021-2028 ($ Million)
19. UK Alternate Transportation Technology Market Size, 2021-2028 ($ Million)
20. France Alternate Transportation Technology Market Size, 2021-2028 ($ Million)
21. Germany Alternate Transportation Technology Market Size, 2021-2028 ($ Million)
22. Italy Alternate Transportation Technology Market Size, 2021-2028 ($ Million)
23. Spain Alternate Transportation Technology Market Size, 2021-2028 ($ Million)
24. Rest of Europe Alternate Transportation Technology Market Size, 2021-2028 ($ Million)
25. India Alternate Transportation Technology Market Size, 2021-2028 ($ Million)
26. China Alternate Transportation Technology Market Size, 2021-2028 ($ Million)
27. Japan Alternate Transportation Technology Market Size, 2021-2028 ($ Million)
28. South Korea Alternate Transportation Technology Market Size, 2021-2028 ($ Million)
29. Rest of Asia-Pacific Alternate Transportation Technology Market Size, 2021-2028 ($ Million)
30. Rest of the World Alternate Transportation Technology Market Size, 2021-2028 ($ Million)

Companies Mentioned

A selection of companies mentioned in this report includes:

  • AeroMobil
  • AeroVironment, Inc.
  • AUTEL ROBOTICS Co., Ltd.
  • Baidu, Inc.
  • Kespry Inc.
  • Lockheed Martin Corporation
  • OBAYASHI CORP.
  • Parrot Drones S.A.S.
  • Renault Group
  • SZ DJI Technology Co., Ltd.
  • Terrafugia
  • Tesla Motors, Inc. 13. ThothX, LLC
  • Toyota (GB) PLC
  • Virgin Hyperloop
  • Waymo LLC
  • Wisk Aero LLC.
  • Yuneec International Co., Ltd.