Solar Powered Car Market

Solar Powered Car Market [Material: Crystalline Silicon Solar Cells and Thin-Film Solar Cells; Solar Component: Solar Arrays, Batteries, Power Trackers and Others] - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2022-2031

Solar Powered Car Market Outlook 2031

  • The global solar powered car market size was valued at US$ 2.21 Bn in 2021
  • It is estimated to rise at a CAGR of 35.50% from 2022 to 2031
  • The global solar powered car market is expected to reach US$ 46.11 Bn by the end of 2031.

Analysts’ Viewpoint on Solar Powered Car Market Scenario

The global solar powered car market is expected to rise significantly during the forecast period, due to a rise in the demand for clean energy, increase in production & sales of electric cars, and rapid increase in adoption of renewable energy sources. Moreover, research and advancements in technology to improve the efficiency of solar cells, in order to absorb more energy, are expected to fuel the market. Furthermore, solar powered cars require less maintenance. Solar power cars also offer other advantages including no car noise, no emission, and ease of charging. Increase in efforts by several governments to curb vehicle emissions is anticipated to also drive the solar powered car market during the forecast period.

Solar Powered Car Market

Solar Powered Car Market Introduction

A solar powered car is a combination of clean converted energy, enhanced aerodynamics, and the laws of motion, which contributes to a sustainable environment and saves monetary expenses. A solar energy car is equipped with solar panels that help convert solar energy into usable electricity, which can be stored in the car batteries. A solar vehicle is solely dependent upon photovoltaic cells that absorb sunlight and provide energy to power the car engine. However, the photovoltaic cells in the vehicle solar panels have the ability to bypass the solar energy directly to electricity, instead of following its original principle of converting solar energy to thermal energy. This converted electricity can be easily stored in car batteries and further used to power the engine.

Solar cars have custom-designed solar panels that are either mounted on the hood or roof of a car in order to receive the maximum amount of sun rays. Silicon, nitrogen, and alloy combination of Galium and Indium on vehicle solar panels absorb sunlight and further convert it into usable electric power, which can be stored into lithium-ion, nickel-metal hybrid, and other types of batteries. These electric batteries have the ability to convert the free electrons into usable energy, which is used to power the vehicle engine. Moreover, these batteries can be repeatedly charged using solar energy and generate around 80 to 150 volts of energy. The solar panel car can cover approximately 60 to 90 kilometers with a single charge of its battery.

Likewise, the future scope of solar car is expected to be highly promising due to ongoing research activities by several automotive manufacturers to discover innovative technologies that can diminish the carbon footprint, and further enhance the demand for more clean and green vehicles.

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Increase in Demand for Zero Emission Technology to Boost Global Solar Powered Car Market

According to the World Health Organization (WHO), the combined effects of household air pollution and ambient air pollution can cause approximately 7 million premature deaths every year. This death ratio is a major concern, which has led to a surge in the adoption of zero emission technology and vehicles powered with renewable energy sources. Moreover, sale of zero emission vehicles including cars, trucks, and buses, continue to grow across the globe in spite of supply chain disruption brought by the COVID-19 pandemic. CALSTART has forecasted in its online event ‘Drive to ZeroTM’ that the number of zero-emission vehicles is expected to rise by 26% in the near future from 2020 to 2022. Rise in preference of consumers toward cleaner sources of energy is likely to propel the solar powered car market share in the future.

Governments across the globe are encouraging vehicle manufacturers to opt for renewable energy sources for powering vehicle engines, which can improve air quality and prevent noise pollution. Moreover, manufacturers of solar car are collaborating with government agencies and other suppliers of raw materials in order to take benefit of several zero-emission technology schemes.

Rise in Adoption of Renewable Energy Sources for Electric Vehicles

Several automotive manufacturers are developing a car model which can use solar power for powering its engine. However, the production and sales of electric cars are rising across the globe, which is expected to boost the solar powered car market. Moreover, the implementation of stringent car emission regulations across the globe has augmented the demand for electric vehicles. Several government initiatives including tax benefits, subsidies, and incentives for the adoption of zero-emission technology are projected to contribute to market growth in the next few years. Furthermore, decline in prices of solar panels across the globe is also expected to fuel the market.

Increase in Adoption of Crystalline Silicon Solar Cells in Solar Panels

In terms of material, the solar powered car market has been classified into crystalline silicon solar cells and thin-film solar cells. The crystalline silicon solar cells segment held a dominant share of the solar powered car market in 2021. The crystalline silicon solar cells segment is expected to maintain its leading position in the market during the forecast period, as it possesses extra stability and offers higher efficiency, in the range of 15% to 25%, as compared to that offered by other materials. Moreover, crystalline silicon material offers superior thermal, environmental, mechanical, optical, and electronic properties, due to which it witnesses higher demand in the market. Furthermore, crystalline silicon is abundantly available, easily manufactured, and requires less cost for production.

High Demand for Solar Powered SUVs

In terms of car type, the global solar powered car market has been segmented into hatchback, sedan, and SUVs. The SUVs segment is expected to hold a major share of the global solar powered car market during the forecast period. This is due to their larger surface area, which helps to absorb solar energy and further offer higher energy efficiency. Moreover, utility vehicles have also witnessed a higher preference for sunroofs, which are either solar sunroofs or normal sunroofs. Additionally, the sedan segment of the global solar powered car market is also expected to witness significant growth during the forecast period.

Regional Outlook of Global Solar Powered Car Market

Europe is expected to hold dominant share of the global solar powered car market during the forecast period. Rise in popularity of electric cars, adoption of renewable energy sources for powering cars, and rise in government investment in solar energy projects are some of the factors driving the market in Europe. As per the ING report, a Europe-based financial institution, every car sold in Europe in the near future would be an electric car. The integration of solar panels into electric vehicles makes them more sustainable and efficient, which may further lead to higher adoption of solar powered cars in Europe. Additionally, considerable presence of OEMs and automakers in Europe, who manufacture solar powered vehicles and their components in a large quantity, is anticipated to fuel the market in the future.

Asia Pacific is projected to account for a significant share of the solar powered car market, due to the presence of rapidly expanding economies such as China and India. Increase in production and sales of passenger cars in China is expected to drive the solar powered car market in Asia Pacific during the forecast period.

Analysis of Key Players in Global Solar Powered Car Market

The global solar powered car market is consolidated, with the presence of a few large-scale vendors that control majority of the share. Manufacturers operating in the global market are investing significantly in comprehensive research and development activities, primarily to develop environment-friendly products. Mergers and acquisitions and development in product portfolios are the major strategies that are adopted by key players. Audi AG, General Motors, Toyota Motor Corp., Ford Motor Company, Volkswagen AG, Sono Motors GmbH, Lightyear, Cruise Car Inc., Mahindra & Mahindra Limited, Solar Electric Vehicle Company, Clenergy TeamArrow, Hanergy Holding Group, and Venturi are some of the solar-powered car companies operating in the market.

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Key Developments in Global Solar Powered Car Market

  • In July 2022, Sono Motors GmbH, a solar powered mobility company announced the production of their first solar electric vehicle (SEV), named the Sion, in their production design. The company has also announced a ‘Solar Bus Kit’, which would be used for public transportation fleets and offers a solution, which reduces inner-city greenhouse gas emissions and fuel consumption.
  • In June 2022, Lightyear, a Dutch startup company announced a Lightyear 0 electric car, which has integrated solar panels on the roof, bonnet, and boot or tailgate, to charge the car on the go. The Lightyear 0 car is powered by solar energy and traditional electric charging, where, car owners are able to drive while charging the car from sunlight.

Each of these players has been profiled in the solar powered car market report based on parameters such as company overview, financial overview, business strategies, product portfolio, business segments, and recent developments.

Global Solar Powered Car Market Snapshot

Attribute

Detail

Market Size Value in 2021

US$ 2.21 Bn

Market Forecast Value in 2031

US$ 46.11 Bn

Growth Rate

(CAGR)

35.50%

Forecast Period

2022–2031

Historical Data Available for

2017–2021

Quantitative Units

US$ Bn for Value and Thousand Units for Volume

Market Analysis

It includes cross segment analysis at global as well as regional level. Furthermore, qualitative analysis includes drivers, restraints, opportunities, key trends, Porter’s Five Forces analysis, value chain analysis, and key trend analysis.

Competition Landscape

  • Market share analysis by company (2021)
  • Company profiles section includes overview, product portfolio, sales footprint, key subsidiaries or distributors, strategy & recent developments, and key financials

Format

Electronic (PDF) + Excel

Market Segmentation

  • Material
    • Crystalline Silicon Solar Cells
    • Thin-Film Solar Cells
  • Solar Component
    • Solar Arrays
    • Batteries
    • Power Trackers
    • Others
  • Car Type
    • Hatchbacks
    • Sedans
    • SUVs
  • Electric Car Type
    • Battery Electric Vehicles (BEV)
    • Plug-in Hybrid Electric Vehicles (PHEV)
    • Hybrid Electric Vehicles (HEV)
  • Application
    • Personal
    • Commercial

Regions Covered

  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • South America

Countries Covered

  • U.S.
  • Canada
  • Mexico
  • Germany
  • U.K.
  • France
  • Spain
  • Italy
  • Russia & CIS
  • China
  • India
  • Japan
  • ASEAN
  • South Korea
  • Brazil
  • Argentina
  • GCC
  • South Africa

Companies Profiled

  • Audi AG
  • General Motors
  • Toyota Motor Corp
  • Ford Motor Company
  • Volkswagen AG
  • Sono Motors GmbH
  • Lightyear
  • Cruise Car Inc.
  • Mahindra & Mahindra Limited
  • Solar Electric Vehicle Company
  • Clenergy TeamArrow
  • Hanergy Holding Group
  • Venturi

Customization Scope

Available upon request

Pricing

Available upon request

Frequently Asked Questions

How big was the solar powered car market in 2021?

The solar powered car market was valued at US$ 2.21 Bn in 2021.

How is the solar powered car market expected to grow by 2031?

The solar powered car market is expected to rise at a CAGR of 35.50% by 2031.

How much worth the solar powered car market will be in 2031?

The solar powered car market is expected to reach US$ 46.11 Bn in 2031.

Which key trends are driving the solar powered car market?

Increase in demand for clean energy, rise in adoption of renewable energy sources for powering car engines, and technological advancements in improving the efficiency of solar cells

Which material segment accounts for largest share in solar powered car market?

The crystalline silicon solar cells segment accounted for 58.3% share of the solar powered car market.

Which region is most lucrative in solar powered car market?

Europe is a highly lucrative region of the global solar powered car market.

Who are the prominent players in the solar powered car market?

Audi AG, General Motors, Toyota Motor Corp., Ford Motor Company, Volkswagen AG, Cruise Car Inc., Mahindra & Mahindra Limited, Sono Motors GmbH, Solar Electric Vehicle Company, Clenergy TeamArrow, Hanergy Holding Group, Lightyear, and Venturi

    1. Executive Summary

        1.1. Global Market Outlook

            1.1.1. Market Size in Units, Value US$ Mn, 2017-2031

        1.2. TMR Analysis and Recommendations

        1.3. Competitive Dashboard Analysis

    2. Market Overview

        2.1. Market Coverage / Taxonomy

        2.2. Market Definition / Scope / Limitations

        2.3. Market Dynamics

            2.3.1. Drivers

            2.3.2. Restraints

            2.3.3. Opportunity

        2.4. Market Factor Analysis

            2.4.1. Porter’s Five Force Analysis

            2.4.2. SWOT Analysis

        2.5. Regulatory Scenario

        2.6. Key Trend Analysis

        2.7. Value Chain Analysis

        2.8. Cost Structure Analysis

        2.9. Profit Margin Analysis

    3. COVID-19 Impact Analysis – Solar Powered Car Market

    4. Global Solar Powered Car Market, by Material

        4.1. Market Snapshot

            4.1.1. Introduction, Definition, and Key Findings

            4.1.2. Market Growth & Y-o-Y Projections

            4.1.3. Base Point Share Analysis

        4.2. Global Solar Powered Car Market Volume (Thousand Units), Value (US$ Bn) Analysis & Forecast, by Material, 2017-2031

            4.2.1. Crystalline Silicon Solar Cells

            4.2.2. Thin-Film Solar Cells

    5. Global Solar Powered Car Market, by Solar Component

        5.1. Market Snapshot

            5.1.1. Introduction, Definition, and Key Findings

            5.1.2. Market Growth & Y-o-Y Projections

            5.1.3. Base Point Share Analysis

        5.2. Global Solar Powered Car Market Volume (Thousand Units), Value (US$ Bn) Analysis & Forecast, by Solar Component, 2017-2031

            5.2.1. Solar Arrays

            5.2.2. Batteries

            5.2.3. Power Trackers

            5.2.4. Others

    6. Global Solar Powered Car Market, by Car Type

        6.1. Market Snapshot

            6.1.1. Introduction, Definition, and Key Findings

            6.1.2. Market Growth & Y-o-Y Projections

            6.1.3. Base Point Share Analysis

        6.2. Global Solar Powered Car Market Volume (Thousand Units), Value (US$ Bn) Analysis & Forecast, by Car Type, 2017-2031

            6.2.1. Hatchback

            6.2.2. Sedan

            6.2.3. SUVs

    7. Global Solar Powered Car Market, by Electric Car Type

        7.1. Market Snapshot

            7.1.1. Introduction, Definition, and Key Findings

            7.1.2. Market Growth & Y-o-Y Projections

            7.1.3. Base Point Share Analysis

        7.2. Global Solar Powered Car Market Volume (Thousand Units), Value (US$ Bn) Analysis & Forecast, by Electric Car Type, 2017-2031

            7.2.1. Battery Electric Vehicles (BEV)

            7.2.2. Plug-in Hybrid Electric Vehicles (PHEV)

            7.2.3. Hybrid Electric Vehicles (HEV)

    8. Global Solar Powered Car Market, by Application

        8.1. Market Snapshot

            8.1.1. Introduction, Definition, and Key Findings

            8.1.2. Market Growth & Y-o-Y Projections

            8.1.3. Base Point Share Analysis

        8.2. Global Solar Powered Car Market Volume (Thousand Units), Value (US$ Bn) Analysis & Forecast, by Application, 2017-2031

            8.2.1. Personal

            8.2.2. Commercial

    9. Global Solar Powered Car Market, by Region

        9.1. Market Snapshot

            9.1.1. Introduction, Definition, and Key Findings

            9.1.2. Market Growth & Y-o-Y Projections

            9.1.3. Base Point Share Analysis

        9.2. Global Solar Powered Car Market Volume (Thousand Units), Value (US$ Bn) Analysis & Forecast, 2017-2031, by Region

            9.2.1. North America

            9.2.2. Europe

            9.2.3. Asia Pacific

            9.2.4. Middle East & Africa

            9.2.5. South America

    10. North America Solar Powered Car Market

        10.1. Market Snapshot

        10.2. Solar Powered Car Market Volume (Thousand Units), Value (US$ Bn) Analysis & Forecast, by Material, 2017-2031

            10.2.1. Crystalline Silicon Solar Cells

            10.2.2. Thin-Film Solar Cells

        10.3. Solar Powered Car Market Volume (Thousand Units), Value (US$ Bn) Analysis & Forecast, by Solar Component, 2017-2031

            10.3.1. Solar Arrays

            10.3.2. Batteries

            10.3.3. Power Trackers

            10.3.4. Others

        10.4. Solar Powered Car Market Volume (Thousand Units), Value (US$ Bn) Analysis & Forecast, by Car Type, 2017-2031

            10.4.1. Hatchback

            10.4.2. Sedan

            10.4.3. SUVs

        10.5. Solar Powered Car Market Volume (Thousand Units), Value (US$ Bn) Analysis & Forecast, by Electric Car Type, 2017-2031

            10.5.1. Battery Electric Vehicles (BEV)

            10.5.2. Plug-in Hybrid Electric Vehicles (PHEV)

            10.5.3. Hybrid Electric Vehicles (HEV)

        10.6. Solar Powered Car Market Volume (Thousand Units), Value (US$ Bn) Analysis & Forecast, by Application, 2017-2031

            10.6.1. Personal

            10.6.2. Commercial

        10.7. Key Country Analysis – North America Solar Powered Car Market Size Analysis & Forecast, 2017-2031

            10.7.1. U.S.

            10.7.2. Canada

            10.7.3. Mexico

    11. Europe Solar Powered Car Market

        11.1. Market Snapshot

        11.2. Solar Powered Car Market Volume (Thousand Units), Value (US$ Bn) Analysis & Forecast, by Material, 2017-2031

            11.2.1. Crystalline Silicon Solar Cells

            11.2.2. Thin-Film Solar Cells

        11.3. Solar Powered Car Market Volume (Thousand Units), Value (US$ Bn) Analysis & Forecast, by Solar Component, 2017-2031

            11.3.1. Solar Arrays

            11.3.2. Batteries

            11.3.3. Power Trackers

            11.3.4. Others

        11.4. Solar Powered Car Market Volume (Thousand Units), Value (US$ Bn) Analysis & Forecast, by Car Type, 2017-2031

            11.4.1. Hatchback

            11.4.2. Sedan

            11.4.3. SUVs

        11.5. Solar Powered Car Market Volume (Thousand Units), Value (US$ Bn) Analysis & Forecast, by Electric Car Type, 2017-2031

            11.5.1. Battery Electric Vehicles (BEV)

            11.5.2. Plug-in Hybrid Electric Vehicles (PHEV)

            11.5.3. Hybrid Electric Vehicles (HEV)

        11.6. Solar Powered Car Market Volume (Thousand Units), Value (US$ Bn) Analysis & Forecast, by Application, 2017-2031

            11.6.1. Personal

            11.6.2. Commercial

        11.7. Key Country Analysis – Europe Solar Powered Car Market Size Analysis & Forecast, 2017-2031

            11.7.1. Germany

            11.7.2. U. K.

            11.7.3. France

            11.7.4. Italy

            11.7.5. Spain

            11.7.6. Nordic Countries

            11.7.7. Russia & CIS

            11.7.8. Rest of Europe

    12. Asia Pacific Solar Powered Car Market

        12.1. Market Snapshot

        12.2. Solar Powered Car Market Volume (Thousand Units), Value (US$ Bn) Analysis & Forecast, by Material, 2017-2031

            12.2.1. Crystalline Silicon Solar Cells

            12.2.2. Thin-Film Solar Cells

        12.3. Solar Powered Car Market Volume (Thousand Units), Value (US$ Bn) Analysis & Forecast, by Solar Component, 2017-2031

            12.3.1. Solar Arrays

            12.3.2. Batteries

            12.3.3. Power Trackers

            12.3.4. Others

        12.4. Solar Powered Car Market Volume (Thousand Units), Value (US$ Bn) Analysis & Forecast, by Car Type, 2017-2031

            12.4.1. Hatchback

            12.4.2. Sedan

            12.4.3. SUVs

        12.5. Solar Powered Car Market Volume (Thousand Units), Value (US$ Bn) Analysis & Forecast, by Electric Car Type, 2017-2031

            12.5.1. Battery Electric Vehicles (BEV)

            12.5.2. Plug-in Hybrid Electric Vehicles (PHEV)

            12.5.3. Hybrid Electric Vehicles (HEV)

        12.6. Solar Powered Car Market Volume (Thousand Units), Value (US$ Bn) Analysis & Forecast, by Application, 2017-2031

            12.6.1. Personal

            12.6.2. Commercial

        12.7. Key Country Analysis – Asia Pacific Solar Powered Car Market Size Analysis & Forecast, 2017-2031

            12.7.1. China

            12.7.2. India

            12.7.3. Japan

            12.7.4. ASEAN Countries

            12.7.5. South Korea

            12.7.6. ANZ

            12.7.7. Rest of Asia Pacific

    13. Middle East & Africa Solar Powered Car Market

        13.1. Market Snapshot

        13.2. Solar Powered Car Market Volume (Thousand Units), Value (US$ Bn) Analysis & Forecast, by Material, 2017-2031

            13.2.1. Crystalline Silicon Solar Cells

            13.2.2. Thin-Film Solar Cells

        13.3. Solar Powered Car Market Volume (Thousand Units), Value (US$ Bn) Analysis & Forecast, by Solar Component, 2017-2031

            13.3.1. Solar Arrays

            13.3.2. Batteries

            13.3.3. Power Trackers

            13.3.4. Others

        13.4. Solar Powered Car Market Volume (Thousand Units), Value (US$ Bn) Analysis & Forecast, by Car Type, 2017-2031

            13.4.1. Hatchback

            13.4.2. Sedan

            13.4.3. SUVs

        13.5. Solar Powered Car Market Volume (Thousand Units), Value (US$ Bn) Analysis & Forecast, by Electric Car Type, 2017-2031

            13.5.1. Battery Electric Vehicles (BEV)

            13.5.2. Plug-in Hybrid Electric Vehicles (PHEV)

            13.5.3. Hybrid Electric Vehicles (HEV)

        13.6. Solar Powered Car Market Volume (Thousand Units), Value (US$ Bn) Analysis & Forecast, by Application, 2017-2031

            13.6.1. Personal

            13.6.2. Commercial

        13.7. Key Country Analysis – Middle East & Africa Solar Powered Car Market Size Analysis & Forecast, 2017-2031

            13.7.1. GCC

            13.7.2. South Africa

            13.7.3. Turkey

            13.7.4. Rest of Middle East & Africa

    14. South America Solar Powered Car Market

        14.1. Market Snapshot

        14.2. Solar Powered Car Market Volume (Thousand Units), Value (US$ Bn) Analysis & Forecast, by Material, 2017-2031

            14.2.1. Crystalline Silicon Solar Cells

            14.2.2. Thin-Film Solar Cells

        14.3. Solar Powered Car Market Volume (Thousand Units), Value (US$ Bn) Analysis & Forecast, by Solar Component, 2017-2031

            14.3.1. Solar Arrays

            14.3.2. Batteries

            14.3.3. Power Trackers

            14.3.4. Others

        14.4. Solar Powered Car Market Volume (Thousand Units), Value (US$ Bn) Analysis & Forecast, by Car Type, 2017-2031

            14.4.1. Hatchback

            14.4.2. Sedan

            14.4.3. SUVs

        14.5. Solar Powered Car Market Volume (Thousand Units), Value (US$ Bn) Analysis & Forecast, by Electric Car Type, 2017-2031

            14.5.1. Battery Electric Vehicles (BEV)

            14.5.2. Plug-in Hybrid Electric Vehicles (PHEV)

            14.5.3. Hybrid Electric Vehicles (HEV)

        14.6. Solar Powered Car Market Volume (Thousand Units), Value (US$ Bn) Analysis & Forecast, by Application, 2017-2031

            14.6.1. Personal

            14.6.2. Commercial

        14.7. Key Country Analysis – South America Solar Powered Car Market Size Analysis & Forecast, 2017-2031

            14.7.1. Brazil

            14.7.2. Argentina

            14.7.3. Rest of South America

    15. Competitive Landscape

        15.1. Company Share Analysis/ Brand Share Analysis, 2020

        15.2. Company Analysis for each player (Company Overview, Company Footprints, Production Locations, Product Portfolio, Competitors & Customers, Subsidiaries & Parent Organization, Recent Developments, Financial Analysis, Profitability, Revenue Share)

    16. Company Profile/ Key Players

        16.1. Audi AG

            16.1.1. Company Overview

            16.1.2. Company Footprints

            16.1.3. Production Locations

            16.1.4. Product Portfolio

            16.1.5. Competitors & Customers

            16.1.6. Subsidiaries & Parent Organization

            16.1.7. Recent Developments

            16.1.8. Financial Analysis

            16.1.9. Profitability

            16.1.10. Revenue Share

        16.2. General Motors

            16.2.1. Company Overview

            16.2.2. Company Footprints

            16.2.3. Production Locations

            16.2.4. Product Portfolio

            16.2.5. Competitors & Customers

            16.2.6. Subsidiaries & Parent Organization

            16.2.7. Recent Developments

            16.2.8. Financial Analysis

            16.2.9. Profitability

            16.2.10. Revenue Share

        16.3. Toyota Motor Corp

            16.3.1. Company Overview

            16.3.2. Company Footprints

            16.3.3. Production Locations

            16.3.4. Product Portfolio

            16.3.5. Competitors & Customers

            16.3.6. Subsidiaries & Parent Organization

            16.3.7. Recent Developments

            16.3.8. Financial Analysis

            16.3.9. Profitability

            16.3.10. Revenue Share

        16.4. Ford Motor Company

            16.4.1. Company Overview

            16.4.2. Company Footprints

            16.4.3. Production Locations

            16.4.4. Product Portfolio

            16.4.5. Competitors & Customers

            16.4.6. Subsidiaries & Parent Organization

            16.4.7. Recent Developments

            16.4.8. Financial Analysis

            16.4.9. Profitability

            16.4.10. Revenue Share

        16.5. Volkswagen AG

            16.5.1. Company Overview

            16.5.2. Company Footprints

            16.5.3. Production Locations

            16.5.4. Product Portfolio

            16.5.5. Competitors & Customers

            16.5.6. Subsidiaries & Parent Organization

            16.5.7. Recent Developments

            16.5.8. Financial Analysis

            16.5.9. Profitability

            16.5.10. Revenue Share

        16.6. Sono Motors GmbH

            16.6.1. Company Overview

            16.6.2. Company Footprints

            16.6.3. Production Locations

            16.6.4. Product Portfolio

            16.6.5. Competitors & Customers

            16.6.6. Subsidiaries & Parent Organization

            16.6.7. Recent Developments

            16.6.8. Financial Analysis

            16.6.9. Profitability

            16.6.10. Revenue Share

        16.7. Lightyear

            16.7.1. Company Overview

            16.7.2. Company Footprints

            16.7.3. Production Locations

            16.7.4. Product Portfolio

            16.7.5. Competitors & Customers

            16.7.6. Subsidiaries & Parent Organization

            16.7.7. Recent Developments

            16.7.8. Financial Analysis

            16.7.9. Profitability

            16.7.10. Revenue Share

        16.8. Cruise Car Inc.

            16.8.1. Company Overview

            16.8.2. Company Footprints

            16.8.3. Production Locations

            16.8.4. Product Portfolio

            16.8.5. Competitors & Customers

            16.8.6. Subsidiaries & Parent Organization

            16.8.7. Recent Developments

            16.8.8. Financial Analysis

            16.8.9. Profitability

            16.8.10. Revenue Share

        16.9. Mahindra & Mahindra Limited

            16.9.1. Company Overview

            16.9.2. Company Footprints

            16.9.3. Production Locations

            16.9.4. Product Portfolio

            16.9.5. Competitors & Customers

            16.9.6. Subsidiaries & Parent Organization

            16.9.7. Recent Developments

            16.9.8. Financial Analysis

            16.9.9. Profitability

            16.9.10. Revenue Share

        16.10. Solar Electric Vehicle Company

            16.10.1. Company Overview

            16.10.2. Company Footprints

            16.10.3. Production Locations

            16.10.4. Product Portfolio

            16.10.5. Competitors & Customers

            16.10.6. Subsidiaries & Parent Organization

            16.10.7. Recent Developments

            16.10.8. Financial Analysis

            16.10.9. Profitability

            16.10.10. Revenue Share

        16.11. Clenergy TeamArrow

            16.11.1. Company Overview

            16.11.2. Company Footprints

            16.11.3. Production Locations

            16.11.4. Product Portfolio

            16.11.5. Competitors & Customers

            16.11.6. Subsidiaries & Parent Organization

            16.11.7. Recent Developments

            16.11.8. Financial Analysis

            16.11.9. Profitability

            16.11.10. Revenue Share

        16.12. Hanergy Holding Group

            16.12.1. Company Overview

            16.12.2. Company Footprints

            16.12.3. Production Locations

            16.12.4. Product Portfolio

            16.12.5. Competitors & Customers

            16.12.6. Subsidiaries & Parent Organization

            16.12.7. Recent Developments

            16.12.8. Financial Analysis

            16.12.9. Profitability

            16.12.10. Revenue Share

        16.13. Venturi

            16.13.1. Company Overview

            16.13.2. Company Footprints

            16.13.3. Production Locations

            16.13.4. Product Portfolio

            16.13.5. Competitors & Customers

            16.13.6. Subsidiaries & Parent Organization

            16.13.7. Recent Developments

            16.13.8. Financial Analysis

            16.13.9. Profitability

            16.13.10. Revenue Share

        16.14. Other Key Players

    List of Tables

    Table 1: Global Solar Powered Car Market Volume (Thousand Units) Forecast, by Material, 2017-2031

    Table 2: Global Solar Powered Car Market Value (US$ Bn) Forecast, by Material, 2017-2031

    Table 3: Global Solar Powered Car Market Volume (Thousand Units) Forecast, by Solar Component, 2017-2031

    Table 4: Global Solar Powered Car Market Value (US$ Bn) Forecast, by Solar Component, 2017-2031

    Table 5: Global Solar Powered Car Market Volume (Thousand Units) Forecast, by Car Type, 2017-2031

    Table 6: Global Solar Powered Car Market Value (US$ Bn) Forecast, by Car Type, 2017-2031

    Table 7: Global Solar Powered Car Market Volume (Thousand Units) Forecast, by Electric Car Type, 2017-2031

    Table 8: Global Solar Powered Car Market Value (US$ Bn) Forecast, by Electric Car Type, 2017-2031

    Table 9: Global Solar Powered Car Market Volume (Thousand Units) Forecast, by Application, 2017-2031

    Table 10: Global Solar Powered Car Market Value (US$ Bn) Forecast, by Application, 2017-2031

    Table 11: Global Solar Powered Car Market Volume (Thousand Units) Forecast, by Region, 2017-2031

    Table 12: Global Solar Powered Car Market Value (US$ Bn) Forecast, by Region, 2017-2031

    Table 13: North America Solar Powered Car Market Volume (Thousand Units) Forecast, by Material, 2017-2031

    Table 14: North America Solar Powered Car Market Value (US$ Bn) Forecast, by Material, 2017-2031

    Table 15: North America Solar Powered Car Market Volume (Thousand Units) Forecast, by Solar Component, 2017-2031

    Table 16: North America Solar Powered Car Market Value (US$ Bn) Forecast, by Solar Component, 2017-2031

    Table 17: North America Solar Powered Car Market Volume (Thousand Units) Forecast, by Car Type, 2017-2031

    Table 18: North America Solar Powered Car Market Value (US$ Bn) Forecast, by Car Type, 2017-2031

    Table 19: North America Solar Powered Car Market Volume (Thousand Units) Forecast, by Electric Car Type, 2017-2031

    Table 20: North America Solar Powered Car Market Value (US$ Bn) Forecast, by Electric Car Type, 2017-2031

    Table 21: North America Solar Powered Car Market Volume (Thousand Units) Forecast, by Application, 2017-2031

    Table 22: North America Solar Powered Car Market Value (US$ Bn) Forecast, by Application, 2017-2031

    Table 23: North America Solar Powered Car Market Volume (Thousand Units) Forecast, by Country, 2017-2031

    Table 24: North America Solar Powered Car Market Value (US$ Bn) Forecast, by Country, 2017-2031

    Table 25: Europe Solar Powered Car Market Volume (Thousand Units) Forecast, by Material, 2017-2031

    Table 26: Europe Solar Powered Car Market Value (US$ Bn) Forecast, by Material, 2017-2031

    Table 27: Europe Solar Powered Car Market Volume (Thousand Units) Forecast, by Solar Component, 2017-2031

    Table 28: Europe Solar Powered Car Market Value (US$ Bn) Forecast, by Solar Component, 2017-2031

    Table 29: Europe Solar Powered Car Market Volume (Thousand Units) Forecast, by Car Type, 2017-2031

    Table 30: Europe Solar Powered Car Market Value (US$ Bn) Forecast, by Car Type, 2017-2031

    Table 31: Europe Solar Powered Car Market Volume (Thousand Units) Forecast, by Electric Car Type, 2017-2031

    Table 32: Europe Solar Powered Car Market Value (US$ Bn) Forecast, by Electric Car Type, 2017-2031

    Table 33: Europe Solar Powered Car Market Volume (Thousand Units) Forecast, by Application, 2017-2031

    Table 34: Europe Solar Powered Car Market Value (US$ Bn) Forecast, by Application, 2017-2031

    Table 35: Europe Solar Powered Car Market Volume (Thousand Units) Forecast, by Country and Sub-region, 2017-2031

    Table 36: Europe Solar Powered Car Market Value (US$ Bn) Forecast, by Country and Sub-region, 2017-2031

    Table 37: Asia Pacific Solar Powered Car Market Volume (Thousand Units) Forecast, by Material, 2017-2031

    Table 38: Asia Pacific Solar Powered Car Market Value (US$ Bn) Forecast, by Material, 2017-2031

    Table 39: Asia Pacific Solar Powered Car Market Volume (Thousand Units) Forecast, by Solar Component, 2017-2031

    Table 40: Asia Pacific Solar Powered Car Market Value (US$ Bn) Forecast, by Solar Component, 2017-2031

    Table 41: Asia Pacific Solar Powered Car Market Volume (Thousand Units) Forecast, by Car Type, 2017-2031

    Table 42: Asia Pacific Solar Powered Car Market Value (US$ Bn) Forecast, by Car Type, 2017-2031

    Table 43: Asia Pacific Solar Powered Car Market Volume (Thousand Units) Forecast, by Electric Car Type, 2017-2031

    Table 44: Asia Pacific Solar Powered Car Market Value (US$ Bn) Forecast, by Electric Car Type, 2017-2031

    Table 45: Asia Pacific Solar Powered Car Market Volume (Thousand Units) Forecast, by Application, 2017-2031

    Table 46: Asia Pacific Solar Powered Car Market Value (US$ Bn) Forecast, by Application, 2017-2031

    Table 47: Asia Pacific Solar Powered Car Market Volume (Thousand Units) Forecast, by Country and Sub-region, 2017-2031

    Table 48: Asia Pacific Solar Powered Car Market Value (US$ Bn) Forecast, by Country and Sub-region, 2017-2031

    Table 49: Middle East & Africa Solar Powered Car Market Volume (Thousand Units) Forecast, by Material, 2017-2031

    Table 50: Middle East & Africa Solar Powered Car Market Value (US$ Bn) Forecast, by Material, 2017-2031

    Table 51: Middle East & Africa Solar Powered Car Market Volume (Thousand Units) Forecast, by Solar Component, 2017-2031

    Table 52: Middle East & Africa Solar Powered Car Market Value (US$ Bn) Forecast, by Solar Component, 2017-2031

    Table 53: Middle East & Africa Solar Powered Car Market Volume (Thousand Units) Forecast, by Car Type, 2017-2031

    Table 54: Middle East & Africa Solar Powered Car Market Value (US$ Bn) Forecast, by Car Type, 2017-2031

    Table 55: Middle East & Africa Solar Powered Car Market Volume (Thousand Units) Forecast, by Electric Car Type, 2017-2031

    Table 56: Middle East & Africa Solar Powered Car Market Value (US$ Bn) Forecast, by Electric Car Type, 2017-2031

    Table 57: Middle East & Africa Solar Powered Car Market Volume (Thousand Units) Forecast, by Application, 2017-2031

    Table 58: Middle East & Africa Solar Powered Car Market Value (US$ Bn) Forecast, by Application, 2017-2031

    Table 59: Middle East & Africa Solar Powered Car Market Volume (Thousand Units) Forecast, by Country and Sub-region, 2017-2031

    Table 60: Middle East & Africa Solar Powered Car Market Value (US$ Bn) Forecast, by Country and Sub-region, 2017-2031

    Table 61: South America Solar Powered Car Market Volume (Thousand Units) Forecast, by Material, 2017-2031

    Table 62: South America Solar Powered Car Market Value (US$ Bn) Forecast, by Material, 2017-2031

    Table 63: South America Solar Powered Car Market Volume (Thousand Units) Forecast, by Solar Component, 2017-2031

    Table 64: South America Solar Powered Car Market Value (US$ Bn) Forecast, by Solar Component, 2017-2031

    Table 65: South America Solar Powered Car Market Volume (Thousand Units) Forecast, by Car Type, 2017-2031

    Table 66: South America Solar Powered Car Market Value (US$ Bn) Forecast, by Car Type, 2017-2031

    Table 67: South America Solar Powered Car Market Volume (Thousand Units) Forecast, by Electric Car Type, 2017-2031

    Table 68: South America Solar Powered Car Market Value (US$ Bn) Forecast, by Electric Car Type, 2017-2031

    Table 69: South America Solar Powered Car Market Volume (Thousand Units) Forecast, by Application, 2017-2031

    Table 70: South America Solar Powered Car Market Value (US$ Bn) Forecast, by Application, 2017-2031

    Table 71: South America Solar Powered Car Market Volume (Thousand Units) Forecast, by Country and Sub-region, 2017-2031

    Table 72: South America Solar Powered Car Market Value (US$ Bn) Forecast, by Country and Sub-region, 2017-2031

    List of Figures

    Figure 1: Global Solar Powered Car Market Volume (Thousand Units) Forecast, 2017–2031

    Figure 2: Global Solar Powered Car Market Value (US$ Bn) Forecast, 2017–2031

    Figure 3: Key Segment Analysis for Global

    Figure 4: Global Solar Powered Car Market Value (US$ Bn) Forecast, 2017-2031

    Figure 5: Global Solar Powered Car Market Value (US$ Bn) Forecast, by Material, 2017-2031

    Figure 6: Global Market Attractiveness, Value (US$ Bn), by Material, 2022-2031

    Figure 7: Global Solar Powered Car Market Value (US$ Bn) Forecast, by Solar Component, 2017-2031

    Figure 8: Global Market Attractiveness, Value (US$ Bn), by Solar Component, 2022-2031

    Figure 9: Global Solar Powered Car Market Value (US$ Bn) Forecast, by Car Type, 2017-2031

    Figure 10: Global Market Attractiveness, Value (US$ Bn), by Car Type, 2022-2031

    Figure 11: Global Solar Powered Car Market Value (US$ Bn) Forecast, by Electric Car Type, 2017-2031

    Figure 12: Global Market Attractiveness, Value (US$ Bn), by Electric Car Type, 2022-2031

    Figure 13: Global Solar Powered Car Market Value (US$ Bn) Forecast, by Application, 2017-2031

    Figure 14: Global Market Attractiveness, Value (US$ Bn), by Application, 2022-2031

    Figure 15: Global Solar Powered Car Market Value (US$ Bn) Forecast, by Region, 2017-2031

    Figure 16: Global Market Attractiveness, Value (US$ Bn), by Region, 2022-2031

    Figure 17: North America Solar Powered Car Market Value (US$ Bn) Forecast, by Material, 2017-2031

    Figure 18: North America Market Attractiveness, Value (US$ Bn), by Material, 2022-2031

    Figure 19: North America Solar Powered Car Market Value (US$ Bn) Forecast, by Solar Component, 2017-2031

    Figure 20: North America Market Attractiveness, Value (US$ Bn), by Solar Component, 2022-2031

    Figure 21: North America Solar Powered Car Market Value (US$ Bn) Forecast, by Car Type, 2017-2031

    Figure 22: North America Market Attractiveness, Value (US$ Bn), by Car Type, 2022-2031

    Figure 23: North America Solar Powered Car Market Value (US$ Bn) Forecast, by Electric Car Type, 2017-2031

    Figure 24: North America Market Attractiveness, Value (US$ Bn), by Electric Car Type, 2022-2031

    Figure 25: North America Solar Powered Car Market Value (US$ Bn) Forecast, by Application, 2017-2031

    Figure 26: North America Market Attractiveness, Value (US$ Bn), by Application, 2022-2031

    Figure 27: North America Solar Powered Car Market Value (US$ Bn) Forecast, by Country, 2017-2031

    Figure 28: North America Market Attractiveness, Value (US$ Bn), by Country, 2022-2031

    Figure 29: Europe Solar Powered Car Market Value (US$ Bn) Forecast, by Material, 2017-2031

    Figure 30: Europe Market Attractiveness, Value (US$ Bn), by Material, 2022-2031

    Figure 31: Europe Solar Powered Car Market Value (US$ Bn) Forecast, by Solar Component, 2017-2031

    Figure 32: Europe Market Attractiveness, Value (US$ Bn), by Solar Component, 2022-2031

    Figure 33: Europe Solar Powered Car Market Value (US$ Bn) Forecast, by Car Type, 2017-2031

    Figure 34: Europe Market Attractiveness, Value (US$ Bn), by Car Type, 2022-2031

    Figure 35: Europe Solar Powered Car Market Value (US$ Bn) Forecast, by Electric Car Type, 2017-2031

    Figure 36: Europe Market Attractiveness, Value (US$ Bn), by Electric Car Type, 2022-2031

    Figure 37: Europe Solar Powered Car Market Value (US$ Bn) Forecast, by Application, 2017-2031

    Figure 38: Europe Market Attractiveness, Value (US$ Bn), by Application, 2022-2031

    Figure 39: Europe Solar Powered Car Market Value (US$ Bn) Forecast, by Country and Sub-region, 2017-2031

    Figure 40: Europe Market Attractiveness, Value (US$ Bn), by Country and Sub-region, 2022-2031

    Figure 41: Asia Pacific Solar Powered Car Market Value (US$ Bn) Forecast, by Material, 2017-2031

    Figure 42: Asia Pacific Market Attractiveness, Value (US$ Bn), by Material, 2022-2031

    Figure 43: Asia Pacific Solar Powered Car Market Value (US$ Bn) Forecast, by Solar Component, 2017-2031

    Figure 44: Asia Pacific Market Attractiveness, Value (US$ Bn), by Solar Component, 2022-2031

    Figure 45: Asia Pacific Solar Powered Car Market Value (US$ Bn) Forecast, by Car Type, 2017-2031

    Figure 46: Asia Pacific Market Attractiveness, Value (US$ Bn), by Car Type, 2022-2031

    Figure 47: Asia Pacific Solar Powered Car Market Value (US$ Bn) Forecast, by Electric Car Type, 2017-2031

    Figure 48: Asia Pacific Market Attractiveness, Value (US$ Bn), by Electric Car Type, 2022-2031

    Figure 49: Asia Pacific Solar Powered Car Market Value (US$ Bn) Forecast, by Application, 2017-2031

    Figure 50: Asia Pacific Market Attractiveness, Value (US$ Bn), by Application, 2022-2031

    Figure 51: Asia Pacific Solar Powered Car Market Value (US$ Bn) Forecast, by Country and Sub-region, 2017-2031

    Figure 52: Asia Pacific Market Attractiveness, Value (US$ Bn), by Country and Sub-region, 2022-2031

    Figure 53: Middle East & Africa Solar Powered Car Market Value (US$ Bn) Forecast, by Material, 2017-2031

    Figure 54: Middle East & Africa Market Attractiveness, Value (US$ Bn), by Material, 2022-2031

    Figure 55: Middle East & Africa Solar Powered Car Market Value (US$ Bn) Forecast, by Solar Component, 2017-2031

    Figure 56: Middle East & Africa Market Attractiveness, Value (US$ Bn), by Solar Component, 2022-2031

    Figure 57: Middle East & Africa Solar Powered Car Market Value (US$ Bn) Forecast, by Car Type, 2017-2031

    Figure 58: Middle East & Africa Market Attractiveness, Value (US$ Bn), by Car Type, 2022-2031

    Figure 59: Middle East & Africa Solar Powered Car Market Value (US$ Bn) Forecast, by Electric Car Type, 2017-2031

    Figure 60: Middle East & Africa Market Attractiveness, Value (US$ Bn), by Electric Car Type, 2022-2031

    Figure 61: Middle East & Africa Solar Powered Car Market Value (US$ Bn) Forecast, by Application, 2017-2031

    Figure 62: Middle East & Africa Market Attractiveness, Value (US$ Bn), by Application, 2022-2031

    Figure 63: Middle East & Africa Solar Powered Car Market Value (US$ Bn) Forecast, by Country and Sub-region, 2017-2031

    Figure 64: Middle East & Africa Market Attractiveness, Value (US$ Bn), by Country and Sub-region, 2022-2031

    Figure 65: South America Solar Powered Car Market Value (US$ Bn) Forecast, by Material, 2017-2031

    Figure 66: South America Market Attractiveness, Value (US$ Bn), by Material, 2022-2031

    Figure 67: South America Solar Powered Car Market Value (US$ Bn) Forecast, by Solar Component, 2017-2031

    Figure 68: South America Market Attractiveness, Value (US$ Bn), by Solar Component, 2022-2031

    Figure 69: South America Solar Powered Car Market Value (US$ Bn) Forecast, by Car Type, 2017-2031

    Figure 70: South America Market Attractiveness, Value (US$ Bn), by Car Type, 2022-2031

    Figure 71: South America Solar Powered Car Market Value (US$ Bn) Forecast, by Electric Car Type, 2017-2031

    Figure 72: South America Market Attractiveness, Value (US$ Bn), by Electric Car Type, 2022-2031

    Figure 73: South America Solar Powered Car Market Value (US$ Bn) Forecast, by Application, 2017-2031

    Figure 74: South America Market Attractiveness, Value (US$ Bn), by Application, 2022-2031

    Figure 75: South America Solar Powered Car Market Value (US$ Bn) Forecast, by Country and Sub-region, 2017-2031

    Figure 76: South America Market Attractiveness, Value (US$ Bn), by Country and Sub-region, 2022-2031

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