Product Code: A323775
The global green automotive mobility market was valued at $10.8 billion in 2023, and is projected to reach $20.7 billion by 2033, growing at a CAGR of 6.9% from 2024 to 2033.
Green automotive mobility refers to the incorporation of sustainable and environmentally friendly solutions regarding transportation in the automotive industry. The green automotive mobility market involves the sector of the automotive industry that is focused on the development, production, and sale of vehicles and related technologies that reduce environmental impact. It includes different types of vehicles and mobility solutions that help in emphasizing the importance of sustainability, reduced carbon emissions, and energy efficiency.
The growth of the green automotive mobility market is driven by rise in concern for the environment, decrease in the price of electric vehicles, and rise in fuel costs. Emission regulations are being set by different associations and organizations in different regions to encourage automotive manufacturers to produce increasing units of electric vehicles. Moreover, rise in trend toward the adoption of AI technology drives the growth of the market. AI technology is heavily influencing the green automotive mobility market. Features such as autonomous driving, predictive maintenance, traffic management, digitally mapped streets, and AI driven traffic solutions are being integrated with electric vehicles (EVs).
However, lack of electricity power infrastructure to support electricity vehicle fuel requirement is a significant factor restricting the growth of the green automotive mobility market in the future. Government along with private sectors need to invest more heavily in the setting up of more electric vehicle (EV) stations and establishment of large power grids to meet the growing demand for electricity and to support the adoption of EVs. Contrarily, adoption of sustainable practices within operations presents lucrative opportunities to the players in the market. For instance, in February 2024, Uber launched flagship electric vehicle service called Uber Green in Delhi to enable people to book sustainable, eco-friendly rides in the application. The riders now identify uber green options to book a green eco-friendly ride. This service is expected to help in promoting the use of EVs, thus supporting sustainable travel means. This strategic move is anticipated to strengthen Uber's position in the green automotive mobility market.
Segmentation Overview
The global green automotive mobility market is segmented into type, vehicle type, and region. Depending on type, the market is divided into battery electric vehicles, hybrid electric vehicles, plug-in hybrid electric vehicles, fuel cell electric vehicles, and others. According to vehicle type, it is divided into 2-wheeler vehicles, 3-wheeler vehicles, 4-wheeler vehicles, and other commercial vehicles. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa.
Key Findings
By type, the battery electric vehicles segment held the largest share in the market in 2023.
Depending on vehicle type, the 2-wheeler vehicles segment accounted for the highest market share in 2023.
Region wise, Asia-Pacific dominated the green automotive mobility market in 2023.
Competitive Scenario
The major players operating in the green automotive mobility market include BMW, BYD, Tesla, Daimler AG, Nissan, Engie, Ford, Kia Motors, and Uber. These players have adopted several strategies, including product launch, service launch, and facility launch strategies to increase their market share in the global green automotive mobility market.
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- Investment Opportunities
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- Market share analysis of players at global/region/country level
Key Market Segments
By Type
- Battery Electric Vehicles
- Hybrid Electric Vehicles
- Plug-In Hybrid Electric Vehicles
- Fuel Cell Electric Vehicles
- Others
By Vehicle Type
- 2 Wheeler Vehicles
- 3 Wheeler Vehicles
- 4 Wheeler Vehicles
- Other Commercial Vehicles
By Region
- North America
- Europe
- France
- Germany
- Italy
- Spain
- UK
- Russia
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Thailand
- Malaysia
- Indonesia
- Rest of Asia-Pacific
- LAMEA
- Brazil
- South Africa
- Saudi Arabia
- UAE
- Argentina
- Rest of LAMEA
Key Market Players:
- BMW
- BYD
- Tesla
- Daimler AG
- Nissan
- Engie
- Ford
- Kia Motors
- Uber
- General Motors
- Volkswagen
- Hyundai Motor Company
- Maruti Suzuki India Limited
- Tata Motors Limited
- Toyota
- Volvo Car Corporation
TABLE OF CONTENTS
CHAPTER 1: INTRODUCTION
- 1.1. Report Description
- 1.2. Key Market Segments
- 1.3. Key Benefits
- 1.4. Research Methodology
- 1.4.1. Primary Research
- 1.4.2. Secondary Research
- 1.4.3. Analyst Tools and Models
CHAPTER 2: EXECUTIVE SUMMARY
CHAPTER 3: MARKET LANDSCAPE
- 3.1. Market Definition and Scope
- 3.2. Key Findings
- 3.2.1. Top Investment Pockets
- 3.2.2. Top Winning Strategies
- 3.3. Porter's Five Forces Analysis
- 3.3.1. Bargaining Power of Suppliers
- 3.3.2. Threat of New Entrants
- 3.3.3. Threat of Substitutes
- 3.3.4. Competitive Rivalry
- 3.3.5. Bargaining Power among Buyers
- 3.4. Market Dynamics
- 3.4.1. Drivers
- 3.4.2. Restraints
- 3.4.3. Opportunities
CHAPTER 4: GREEN AUTOMOTIVE MOBILITY MARKET, BY TYPE
- 4.1. Market Overview
- 4.1.1 Market Size and Forecast, By Type
- 4.2. Battery Electric Vehicles
- 4.2.1. Key Market Trends, Growth Factors and Opportunities
- 4.2.2. Market Size and Forecast, By Region
- 4.2.3. Market Share Analysis, By Country
- 4.3. Hybrid Electric Vehicles
- 4.3.1. Key Market Trends, Growth Factors and Opportunities
- 4.3.2. Market Size and Forecast, By Region
- 4.3.3. Market Share Analysis, By Country
- 4.4. Plug-In Hybrid Electric Vehicles
- 4.4.1. Key Market Trends, Growth Factors and Opportunities
- 4.4.2. Market Size and Forecast, By Region
- 4.4.3. Market Share Analysis, By Country
- 4.5. Fuel Cell Electric Vehicles
- 4.5.1. Key Market Trends, Growth Factors and Opportunities
- 4.5.2. Market Size and Forecast, By Region
- 4.5.3. Market Share Analysis, By Country
- 4.6. Others
- 4.6.1. Key Market Trends, Growth Factors and Opportunities
- 4.6.2. Market Size and Forecast, By Region
- 4.6.3. Market Share Analysis, By Country
CHAPTER 5: GREEN AUTOMOTIVE MOBILITY MARKET, BY VEHICLE TYPE
- 5.1. Market Overview
- 5.1.1 Market Size and Forecast, By Vehicle Type
- 5.2. 2 Wheeler Vehicles
- 5.2.1. Key Market Trends, Growth Factors and Opportunities
- 5.2.2. Market Size and Forecast, By Region
- 5.2.3. Market Share Analysis, By Country
- 5.3. 3 Wheeler Vehicles
- 5.3.1. Key Market Trends, Growth Factors and Opportunities
- 5.3.2. Market Size and Forecast, By Region
- 5.3.3. Market Share Analysis, By Country
- 5.4. 4 Wheeler Vehicles
- 5.4.1. Key Market Trends, Growth Factors and Opportunities
- 5.4.2. Market Size and Forecast, By Region
- 5.4.3. Market Share Analysis, By Country
- 5.5. Other Commercial Vehicles
- 5.5.1. Key Market Trends, Growth Factors and Opportunities
- 5.5.2. Market Size and Forecast, By Region
- 5.5.3. Market Share Analysis, By Country
CHAPTER 6: GREEN AUTOMOTIVE MOBILITY MARKET, BY REGION
- 6.1. Market Overview
- 6.1.1 Market Size and Forecast, By Region
- 6.2. North America
- 6.2.1. Key Market Trends and Opportunities
- 6.2.2. Market Size and Forecast, By Type
- 6.2.3. Market Size and Forecast, By Vehicle Type
- 6.2.4. Market Size and Forecast, By Country
- 6.2.5. U.S. Green Automotive Mobility Market
- 6.2.5.1. Market Size and Forecast, By Type
- 6.2.5.2. Market Size and Forecast, By Vehicle Type
- 6.2.6. Canada Green Automotive Mobility Market
- 6.2.6.1. Market Size and Forecast, By Type
- 6.2.6.2. Market Size and Forecast, By Vehicle Type
- 6.2.7. Mexico Green Automotive Mobility Market
- 6.2.7.1. Market Size and Forecast, By Type
- 6.2.7.2. Market Size and Forecast, By Vehicle Type
- 6.3. Europe
- 6.3.1. Key Market Trends and Opportunities
- 6.3.2. Market Size and Forecast, By Type
- 6.3.3. Market Size and Forecast, By Vehicle Type
- 6.3.4. Market Size and Forecast, By Country
- 6.3.5. France Green Automotive Mobility Market
- 6.3.5.1. Market Size and Forecast, By Type
- 6.3.5.2. Market Size and Forecast, By Vehicle Type
- 6.3.6. Germany Green Automotive Mobility Market
- 6.3.6.1. Market Size and Forecast, By Type
- 6.3.6.2. Market Size and Forecast, By Vehicle Type
- 6.3.7. Italy Green Automotive Mobility Market
- 6.3.7.1. Market Size and Forecast, By Type
- 6.3.7.2. Market Size and Forecast, By Vehicle Type
- 6.3.8. Spain Green Automotive Mobility Market
- 6.3.8.1. Market Size and Forecast, By Type
- 6.3.8.2. Market Size and Forecast, By Vehicle Type
- 6.3.9. UK Green Automotive Mobility Market
- 6.3.9.1. Market Size and Forecast, By Type
- 6.3.9.2. Market Size and Forecast, By Vehicle Type
- 6.3.10. Russia Green Automotive Mobility Market
- 6.3.10.1. Market Size and Forecast, By Type
- 6.3.10.2. Market Size and Forecast, By Vehicle Type
- 6.3.11. Rest of Europe Green Automotive Mobility Market
- 6.3.11.1. Market Size and Forecast, By Type
- 6.3.11.2. Market Size and Forecast, By Vehicle Type
- 6.4. Asia-Pacific
- 6.4.1. Key Market Trends and Opportunities
- 6.4.2. Market Size and Forecast, By Type
- 6.4.3. Market Size and Forecast, By Vehicle Type
- 6.4.4. Market Size and Forecast, By Country
- 6.4.5. China Green Automotive Mobility Market
- 6.4.5.1. Market Size and Forecast, By Type
- 6.4.5.2. Market Size and Forecast, By Vehicle Type
- 6.4.6. Japan Green Automotive Mobility Market
- 6.4.6.1. Market Size and Forecast, By Type
- 6.4.6.2. Market Size and Forecast, By Vehicle Type
- 6.4.7. India Green Automotive Mobility Market
- 6.4.7.1. Market Size and Forecast, By Type
- 6.4.7.2. Market Size and Forecast, By Vehicle Type
- 6.4.8. South Korea Green Automotive Mobility Market
- 6.4.8.1. Market Size and Forecast, By Type
- 6.4.8.2. Market Size and Forecast, By Vehicle Type
- 6.4.9. Australia Green Automotive Mobility Market
- 6.4.9.1. Market Size and Forecast, By Type
- 6.4.9.2. Market Size and Forecast, By Vehicle Type
- 6.4.10. Thailand Green Automotive Mobility Market
- 6.4.10.1. Market Size and Forecast, By Type
- 6.4.10.2. Market Size and Forecast, By Vehicle Type
- 6.4.11. Malaysia Green Automotive Mobility Market
- 6.4.11.1. Market Size and Forecast, By Type
- 6.4.11.2. Market Size and Forecast, By Vehicle Type
- 6.4.12. Indonesia Green Automotive Mobility Market
- 6.4.12.1. Market Size and Forecast, By Type
- 6.4.12.2. Market Size and Forecast, By Vehicle Type
- 6.4.13. Rest of Asia-Pacific Green Automotive Mobility Market
- 6.4.13.1. Market Size and Forecast, By Type
- 6.4.13.2. Market Size and Forecast, By Vehicle Type
- 6.5. LAMEA
- 6.5.1. Key Market Trends and Opportunities
- 6.5.2. Market Size and Forecast, By Type
- 6.5.3. Market Size and Forecast, By Vehicle Type
- 6.5.4. Market Size and Forecast, By Country
- 6.5.5. Brazil Green Automotive Mobility Market
- 6.5.5.1. Market Size and Forecast, By Type
- 6.5.5.2. Market Size and Forecast, By Vehicle Type
- 6.5.6. South Africa Green Automotive Mobility Market
- 6.5.6.1. Market Size and Forecast, By Type
- 6.5.6.2. Market Size and Forecast, By Vehicle Type
- 6.5.7. Saudi Arabia Green Automotive Mobility Market
- 6.5.7.1. Market Size and Forecast, By Type
- 6.5.7.2. Market Size and Forecast, By Vehicle Type
- 6.5.8. UAE Green Automotive Mobility Market
- 6.5.8.1. Market Size and Forecast, By Type
- 6.5.8.2. Market Size and Forecast, By Vehicle Type
- 6.5.9. Argentina Green Automotive Mobility Market
- 6.5.9.1. Market Size and Forecast, By Type
- 6.5.9.2. Market Size and Forecast, By Vehicle Type
- 6.5.10. Rest of LAMEA Green Automotive Mobility Market
- 6.5.10.1. Market Size and Forecast, By Type
- 6.5.10.2. Market Size and Forecast, By Vehicle Type
CHAPTER 7: COMPETITIVE LANDSCAPE
- 7.1. Introduction
- 7.2. Top Winning Strategies
- 7.3. Product Mapping of Top 10 Player
- 7.4. Competitive Dashboard
- 7.5. Competitive Heatmap
- 7.6. Top Player Positioning, 2023
CHAPTER 8: COMPANY PROFILES
- 8.1. BMW
- 8.1.1. Company Overview
- 8.1.2. Key Executives
- 8.1.3. Company Snapshot
- 8.1.4. Operating Business Segments
- 8.1.5. Product Portfolio
- 8.1.6. Business Performance
- 8.1.7. Key Strategic Moves and Developments
- 8.2. BYD
- 8.2.1. Company Overview
- 8.2.2. Key Executives
- 8.2.3. Company Snapshot
- 8.2.4. Operating Business Segments
- 8.2.5. Product Portfolio
- 8.2.6. Business Performance
- 8.2.7. Key Strategic Moves and Developments
- 8.3. Tesla
- 8.3.1. Company Overview
- 8.3.2. Key Executives
- 8.3.3. Company Snapshot
- 8.3.4. Operating Business Segments
- 8.3.5. Product Portfolio
- 8.3.6. Business Performance
- 8.3.7. Key Strategic Moves and Developments
- 8.4. Daimler AG
- 8.4.1. Company Overview
- 8.4.2. Key Executives
- 8.4.3. Company Snapshot
- 8.4.4. Operating Business Segments
- 8.4.5. Product Portfolio
- 8.4.6. Business Performance
- 8.4.7. Key Strategic Moves and Developments
- 8.5. Nissan
- 8.5.1. Company Overview
- 8.5.2. Key Executives
- 8.5.3. Company Snapshot
- 8.5.4. Operating Business Segments
- 8.5.5. Product Portfolio
- 8.5.6. Business Performance
- 8.5.7. Key Strategic Moves and Developments
- 8.6. Engie
- 8.6.1. Company Overview
- 8.6.2. Key Executives
- 8.6.3. Company Snapshot
- 8.6.4. Operating Business Segments
- 8.6.5. Product Portfolio
- 8.6.6. Business Performance
- 8.6.7. Key Strategic Moves and Developments
- 8.7. Ford
- 8.7.1. Company Overview
- 8.7.2. Key Executives
- 8.7.3. Company Snapshot
- 8.7.4. Operating Business Segments
- 8.7.5. Product Portfolio
- 8.7.6. Business Performance
- 8.7.7. Key Strategic Moves and Developments
- 8.8. Kia Motors
- 8.8.1. Company Overview
- 8.8.2. Key Executives
- 8.8.3. Company Snapshot
- 8.8.4. Operating Business Segments
- 8.8.5. Product Portfolio
- 8.8.6. Business Performance
- 8.8.7. Key Strategic Moves and Developments
- 8.9. Uber
- 8.9.1. Company Overview
- 8.9.2. Key Executives
- 8.9.3. Company Snapshot
- 8.9.4. Operating Business Segments
- 8.9.5. Product Portfolio
- 8.9.6. Business Performance
- 8.9.7. Key Strategic Moves and Developments
- 8.10. General Motors
- 8.10.1. Company Overview
- 8.10.2. Key Executives
- 8.10.3. Company Snapshot
- 8.10.4. Operating Business Segments
- 8.10.5. Product Portfolio
- 8.10.6. Business Performance
- 8.10.7. Key Strategic Moves and Developments
- 8.11. Volkswagen
- 8.11.1. Company Overview
- 8.11.2. Key Executives
- 8.11.3. Company Snapshot
- 8.11.4. Operating Business Segments
- 8.11.5. Product Portfolio
- 8.11.6. Business Performance
- 8.11.7. Key Strategic Moves and Developments
- 8.12. Hyundai Motor Company
- 8.12.1. Company Overview
- 8.12.2. Key Executives
- 8.12.3. Company Snapshot
- 8.12.4. Operating Business Segments
- 8.12.5. Product Portfolio
- 8.12.6. Business Performance
- 8.12.7. Key Strategic Moves and Developments
- 8.13. Maruti Suzuki India Limited
- 8.13.1. Company Overview
- 8.13.2. Key Executives
- 8.13.3. Company Snapshot
- 8.13.4. Operating Business Segments
- 8.13.5. Product Portfolio
- 8.13.6. Business Performance
- 8.13.7. Key Strategic Moves and Developments
- 8.14. Tata Motors Limited
- 8.14.1. Company Overview
- 8.14.2. Key Executives
- 8.14.3. Company Snapshot
- 8.14.4. Operating Business Segments
- 8.14.5. Product Portfolio
- 8.14.6. Business Performance
- 8.14.7. Key Strategic Moves and Developments
- 8.15. Toyota
- 8.15.1. Company Overview
- 8.15.2. Key Executives
- 8.15.3. Company Snapshot
- 8.15.4. Operating Business Segments
- 8.15.5. Product Portfolio
- 8.15.6. Business Performance
- 8.15.7. Key Strategic Moves and Developments
- 8.16. Volvo Car Corporation
- 8.16.1. Company Overview
- 8.16.2. Key Executives
- 8.16.3. Company Snapshot
- 8.16.4. Operating Business Segments
- 8.16.5. Product Portfolio
- 8.16.6. Business Performance
- 8.16.7. Key Strategic Moves and Developments