Green Mobility Market Size, Trends and Insights By Type (Electric Mobility, Battery Electric Vehicle, Hybrid Electric Vehicle, Fuel Cell Electric Vehicle, Plug-in Hybrid Electric Vehicle, Gas Mobility, Others), By Vehicle Type (Commercial Vehicles, Medium & Heavy Commercial Vehicles, Light Commercial Vehicles, Passengers Vehicles, Two & Three Wheelers, E-Scooters, E-Bikes, Others), By Application (Urban Logistics, Mass Transit Infrastructure, Others), and By Region - Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2024–2033
Report Snapshot
| Study Period: | 2024-2033 |
| Fastest Growing Market: | Asia-Pacific |
| Largest Market: | Europe |
Major Players
- BMW
- BYD
- Tesla
- Daimler AG
- Nissan
- Engie
- Others
Reports Description
The Global Green Mobility Market was estimated at USD 3 billion in 2022 and is anticipated to reach around USD 33 billion by 2030, growing at a CAGR of roughly 11% between 2023 and 2030.
CMI research report offers a 360-degree view of the Green Mobility market’s drivers and restraints, coupled with the impact they have on demand during the projection period. Also, the report examines global opportunities and competitive analysis for the Green Mobility market.
- People are eagerly turning toward greener solutions as the globe begins to show signs of weariness. Over the last few decades, massive habitat degradation has affected various businesses, including pesticides, electricity, and transportation. Consequently, there is a brand-new, growing demand for automobiles. By absorbing the market share currently held by traditional fuel-consuming cars, the global green mobility industry will prosper. The research provides a detailed analysis of how the market for this new technology will develop as well as advice on securing a secure place in the global market. In addition, a great deal of study is being done on the parts of the world, leading the transition toward new, cleaner fuel options with low carbon footprints.
- Around the world, around 4.2 billion people live in cities. Continuous urbanization is posing new problems and necessitates changes in sustainable mobility. Zero-emission electromobility is the main tenet of delivering decarbonized transportation for persons and goods. It is a significant way to reduce transportation’s effect on the climate. Organizations are hastening the adoption of electrified vehicles in the mainstream market due to the wide selection of power semiconductors and control ICs. As part of its ongoing efforts to support green mobility, players are also developing technical solutions for cutting-edge charging infrastructure, the effective production and use of renewable energy sources, and the promise of green hydrogen.
- By 2030, CO2 emissions from light vehicles, trucks, aeroplanes, ships, railways, and the infrastructure they support will rank third in the world for the fastest-growing sources of emissions. They already represent approximately one-fourth of all emissions produced worldwide. Road vehicles are responsible for almost 75% of worldwide transportation emissions, with passenger cars and buses making up roughly half of this total. Since electromobility is its core pillar and is powered by green energy from renewable sources, rigorous decarbonization is the solution.
COMPARATIVE ANALYSIS OF THE RELATED MARKET
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Green Mobility Market |
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CAGR 11% (Approx) |
CAGR 55% (Approx) |
CAGR 44.7% (Approx) |
|
US$ 33 billion by 2032 |
US$ 90 Billion by 2030 |
USD 9.93 Billion by 2030 |
Report Scope
The global Green Mobility market research report offers an in-depth analysis of the global market size, which is further segmented into regional and country-level market size, and segmentation market growth. Also, it provides the market share, sales analysis, competitive landscape, the impact of domestic and global market participants, trade regulations, value chain optimization, recent key developments, strategic market growth analysis, opportunities analysis, product launches, and technological innovations.
The scope of the study includes market sizing and forecast for segmentation by type, vehicle type, application, and geography.
| Feature of the Report | Details |
| Market Size in 2023 | USD 6 Billion |
| Projected Market Size in 2032 | USD 33 Billion |
| Market Size in 2022 | USD 3 Billion |
| CAGR Growth Rate | 11% CAGR |
| Base Year | 2023 |
| Forecast Period | 2024-2033 |
| Key Segment | By Type, Vehicle Type, Application, and Region |
| Report Coverage | Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent Trends |
| Regional Scope | North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America |
| Buying Options | Request tailored purchasing options to fulfil your requirements for research. |
Key Market Dynamics
- Each moving vehicle releases an average of one pound of CO2 per mile traveled. Compared to driving alone, using public transit cuts CO2 emissions by 45%, improving air quality and reducing air pollution. The annual reduction in carbon dioxide emissions in the United States is estimated to be 37 million metric tons. Even minor increases in bicycle riding might result in reductions of 6 to 14 million tons.
- Greater health advantages for residents will result from improved air quality. It may result in fewer incidences of cancer and respiratory illnesses like asthma. When the air quality is improved, people are also more likely to go outside and exercise.
- Cars use antifreeze and other environmentally harmful fluids in addition to petrol, which is typically thought of as the only pollution associated with them. Driving reduces all of them, as does green transportation.
- Since there will be more traffic, more roads will need to be constructed, resulting in water runoff and groundwater contamination. More bike routes and more sustainable lanes result from fewer cars in favor of active transportation, such as bicycles.
- Apart from the factors mentioned above, many governments worldwide are proposing targets concerning more green mobility, fueling the green mobility market’s growth.
The Two & Three Wheelers Segment Dominated the Green Mobility Market in 2022
- The two & three-wheeler, passenger car, and commercial vehicle segments make up the worldwide green mobility market according to the type of vehicle. E-bikes, e-scooters, and other vehicles are divided into two and three-wheelers segments. Light commercial vehicles and medium- & heavy-duty commercial vehicles are subcategories of the commercial vehicle segment.
- In 2022, the two & three-wheeler market dominated the green mobility industry. E-bikes and e-scooters are the safest and finest alternatives for most people in light of the escalating costs of gasoline and other fuels. Several automakers are currently entering the market for electric automobiles. Further, the cost of these vehicles is constantly declining, together with subsidies offered by the governments to buy these vehicles, which is boosting the demand for green mobility.
Competitive Landscape
Between the competitors, there will be fierce competition in the market. The current automakers are now vying for a larger share of the green mobility market.
The consumer base is global, and the industry is consolidated by numerous businesses. It is obvious from the size of the client base that the profit may not be distributed inequitably throughout the regions.
- 2023: In an effort to promote green mobility, Malaysia intends to extend the tax benefits on electric vehicles in the government budget that is due next month. By 2025, the nation hopes to have installed 10,000 EV charging stations, up from the current 900, as it transitions to low-emission vehicles in order to become carbon neutral by 2050.
- 2023: With 3,700 electric vehicle charging stations, Quebec is advancing green mobility.
- 2023: According to Gopichand P. Hinduja, co-chairman of the Hinduja Group, leading commercial vehicle manufacturer Ashok Leyland would keep funding electric vehicle research. He added that although medium and large commercial vehicles may be the last segments to complete the switch, EV usage for these vehicle types will increase as charging infrastructure and green fuels like hydrogen replace traditional fuels.
List of the prominent players in the global Green Mobility market:
- BMW
- BYD
- Tesla
- Daimler AG
- Nissan
- Engie
- Ford Motors Company
- Kia Motors Corp.
- General Motors
- Volkswagen
- Hyundai Motor Company
- Maruti
- TATA Motors Limited
- Toyota
- Volvo Car Corp.
- Others
The global Green Mobility market is segmented as follows:
By Type
- Electric Mobility
- Battery Electric Vehicle
- Hybrid Electric Vehicle
- Fuel Cell Electric Vehicle
- Plug-in Hybrid Electric Vehicle
- Gas Mobility
- Others
By Vehicle Type
- Commercial Vehicles
- Medium & Heavy Commercial Vehicles
- Light Commercial Vehicles
- Passengers Vehicles
- Two & Three Wheelers
- E-Scooters
- E-Bikes
- Others
By Application
- Urban Logistics
- Mass Transit Infrastructure
- Others
By Region
North America
- U.S.
- Canada
- Mexico
- Rest of North America
Europe
- Germany
- France
- U.K.
- Italy
- Spain
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- New Zealand
- Australia
- South Korea
- Rest of Asia Pacific
The Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- Kuwait
- South Africa
- Rest of the Middle East & Africa
Latin America
- Brazil
- Argentina
- Rest of Latin America
Table of Contents
- Chapter 1. Preface
- 1.1 Report Description and Scope
- 1.2 Research scope
- 1.3 Research methodology
- 1.3.1 Market Research Type
- 1.3.2 Market research methodology
- Chapter 2. Executive Summary
- 2.1 Global Green Mobility Market, (2024 – 2033) (USD Billion)
- 2.2 Global Green Mobility Market : snapshot
- Chapter 3. Global Green Mobility Market – Industry Analysis
- 3.1 Green Mobility Market: Market Dynamics
- 3.2 Market Drivers
- 3.2.1 Essentially aims to reduce the amount of pollution (both air and noise)
- 3.3 Market Restraints
- 3.4 Market Opportunities
- 3.5 Market Challenges
- 3.6 Porter’s Five Forces Analysis
- 3.7 Market Attractiveness Analysis
- 3.7.1 Market attractiveness analysis By Type
- 3.7.2 Market attractiveness analysis By Vehicle Type
- 3.7.3 Market attractiveness analysis By Application
- Chapter 4. Global Green Mobility Market- Competitive Landscape
- 4.1 Company market share analysis
- 4.1.1 Global Green Mobility Market: company market share, 2022
- 4.2 Strategic development
- 4.2.1 Acquisitions & mergers
- 4.2.2 New Product launches
- 4.2.3 Agreements, partnerships, cullaborations, and joint ventures
- 4.2.4 Research and development and Regional expansion
- 4.3 Price trend analysis
- 4.1 Company market share analysis
- Chapter 5. Global Green Mobility Market – Type Analysis
- 5.1 Global Green Mobility Market overview: By Type
- 5.1.1 Global Green Mobility Market share, By Type, 2022 and – 2033
- 5.2 Electric Mobility
- 5.2.1 Global Green Mobility Market by Electric Mobility, 2024 – 2033 (USD Billion)
- 5.3 Battery Electric Vehicle
- 5.3.1 Global Green Mobility Market by Battery Electric Vehicle, 2024 – 2033 (USD Billion)
- 5.4 Hybrid Electric Vehicle
- 5.4.1 Global Green Mobility Market by Hybrid Electric Vehicle, 2024 – 2033 (USD Billion)
- 5.5 Fuel Cell Electric Vehicle
- 5.5.1 Global Green Mobility Market by Fuel Cell Electric Vehicle, 2024 – 2033 (USD Billion)
- 5.6 Plug-in Hybrid Electric Vehicle
- 5.6.1 Global Green Mobility Market by Plug-in Hybrid Electric Vehicle, 2024 – 2033 (USD Billion)
- 5.7 Gas Mobility
- 5.7.1 Global Green Mobility Market by Gas Mobility, 2024 – 2033 (USD Billion)
- 5.8 Others
- 5.8.1 Global Green Mobility Market by Others, 2024 – 2033 (USD Billion)
- 5.1 Global Green Mobility Market overview: By Type
- Chapter 6. Global Green Mobility Market – Vehicle Type Analysis
- 6.1 Global Green Mobility Market overview: By Vehicle Type
- 6.1.1 Global Green Mobility Market share, By Vehicle Type, 2022 and – 2033
- 6.2 Commercial Vehicles
- 6.2.1 Global Green Mobility Market by Commercial Vehicles, 2024 – 2033 (USD Billion)
- 6.3 Medium & Heavy Commercial Vehicles
- 6.3.1 Global Green Mobility Market by Medium & Heavy Commercial Vehicles, 2024 – 2033 (USD Billion)
- 6.4 Light Commercial Vehicles
- 6.4.1 Global Green Mobility Market by Light Commercial Vehicles, 2024 – 2033 (USD Billion)
- 6.5 Passengers Vehicles
- 6.5.1 Global Green Mobility Market by Passengers Vehicles, 2024 – 2033 (USD Billion)
- 6.6 Two & Three Wheelers
- 6.6.1 Global Green Mobility Market by Two & Three Wheelers, 2024 – 2033 (USD Billion)
- 6.7 E-Scooters
- 6.7.1 Global Green Mobility Market by E-Scooters, 2024 – 2033 (USD Billion)
- 6.8 E-Bikes
- 6.8.1 Global Green Mobility Market by E-Bikes, 2024 – 2033 (USD Billion)
- 6.9 Others
- 6.9.1 Global Green Mobility Market by Others, 2024 – 2033 (USD Billion)
- 6.1 Global Green Mobility Market overview: By Vehicle Type
- Chapter 7. Global Green Mobility Market – Application Analysis
- 7.1 Global Green Mobility Market overview: By Application
- 7.1.1 Global Green Mobility Market share, By Application, 2022 and – 2033
- 7.2 Urban Logistics
- 7.2.1 Global Green Mobility Market by Urban Logistics, 2024 – 2033 (USD Billion)
- 7.3 Mass Transit Infrastructure
- 7.3.1 Global Green Mobility Market by Mass Transit Infrastructure, 2024 – 2033 (USD Billion)
- 7.4 Others
- 7.4.1 Global Green Mobility Market by Others, 2024 – 2033 (USD Billion)
- 7.1 Global Green Mobility Market overview: By Application
- Chapter 8. Green Mobilities Market – Regional Analysis
- 8.1 Global Green Mobilities Market Regional Overview
- 8.2 Global Green Mobilities Market Share, by Region, 2022 & – 2033 (USD Billion)
- 8.3. North America
- 8.3.1 North America Green Mobilities Market, 2024 – 2033 (USD Billion)
- 8.3.1.1 North America Green Mobilities Market, by Country, 2024 – 2033 (USD Billion)
- 8.3.1 North America Green Mobilities Market, 2024 – 2033 (USD Billion)
- 8.4 North America Green Mobilities Market, by Type, 2024 – 2033
- 8.4.1 North America Green Mobilities Market, by Type, 2024 – 2033 (USD Billion)
- 8.5 North America Green Mobilities Market, by Vehicle Type, 2024 – 2033
- 8.5.1 North America Green Mobilities Market, by Vehicle Type, 2024 – 2033 (USD Billion)
- 8.6 North America Green Mobilities Market, by Application, 2024 – 2033
- 8.6.1 North America Green Mobilities Market, by Application, 2024 – 2033 (USD Billion)
- 8.7. Europe
- 8.7.1 Europe Green Mobilities Market, 2024 – 2033 (USD Billion)
- 8.7.1.1 Europe Green Mobilities Market, by Country, 2024 – 2033 (USD Billion)
- 8.7.1 Europe Green Mobilities Market, 2024 – 2033 (USD Billion)
- 8.8 Europe Green Mobilities Market, by Type, 2024 – 2033
- 8.8.1 Europe Green Mobilities Market, by Type, 2024 – 2033 (USD Billion)
- 8.9 Europe Green Mobilities Market, by Vehicle Type, 2024 – 2033
- 8.9.1 Europe Green Mobilities Market, by Vehicle Type, 2024 – 2033 (USD Billion)
- 8.10 Europe Green Mobilities Market, by Application, 2024 – 2033
- 8.10.1 Europe Green Mobilities Market, by Application, 2024 – 2033 (USD Billion)
- 8.11. Asia Pacific
- 8.11.1 Asia Pacific Green Mobilities Market, 2024 – 2033 (USD Billion)
- 8.11.1.1 Asia Pacific Green Mobilities Market, by Country, 2024 – 2033 (USD Billion)
- 8.11.1 Asia Pacific Green Mobilities Market, 2024 – 2033 (USD Billion)
- 8.12 Asia Pacific Green Mobilities Market, by Type, 2024 – 2033
- 8.12.1 Asia Pacific Green Mobilities Market, by Type, 2024 – 2033 (USD Billion)
- 8.13 Asia Pacific Green Mobilities Market, by Vehicle Type, 2024 – 2033
- 8.13.1 Asia Pacific Green Mobilities Market, by Vehicle Type, 2024 – 2033 (USD Billion)
- 8.14 Asia Pacific Green Mobilities Market, by Application, 2024 – 2033
- 8.14.1 Asia Pacific Green Mobilities Market, by Application, 2024 – 2033 (USD Billion)
- 8.15. Latin America
- 8.15.1 Latin America Green Mobilities Market, 2024 – 2033 (USD Billion)
- 8.15.1.1 Latin America Green Mobilities Market, by Country, 2024 – 2033 (USD Billion)
- 8.15.1 Latin America Green Mobilities Market, 2024 – 2033 (USD Billion)
- 8.16 Latin America Green Mobilities Market, by Type, 2024 – 2033
- 8.16.1 Latin America Green Mobilities Market, by Type, 2024 – 2033 (USD Billion)
- 8.17 Latin America Green Mobilities Market, by Vehicle Type, 2024 – 2033
- 8.17.1 Latin America Green Mobilities Market, by Vehicle Type, 2024 – 2033 (USD Billion)
- 8.18 Latin America Green Mobilities Market, by Application, 2024 – 2033
- 8.18.1 Latin America Green Mobilities Market, by Application, 2024 – 2033 (USD Billion)
- 8.19. The Middle-East and Africa
- 8.19.1 The Middle-East and Africa Green Mobilities Market, 2024 – 2033 (USD Billion)
- 8.19.1.1 The Middle-East and Africa Green Mobilities Market, by Country, 2024 – 2033 (USD Billion)
- 8.19.1 The Middle-East and Africa Green Mobilities Market, 2024 – 2033 (USD Billion)
- 8.20 The Middle-East and Africa Green Mobilities Market, by Type, 2024 – 2033
- 8.20.1 The Middle-East and Africa Green Mobilities Market, by Type, 2024 – 2033 (USD Billion)
- 8.21 The Middle-East and Africa Green Mobilities Market, by Vehicle Type, 2024 – 2033
- 8.21.1 The Middle-East and Africa Green Mobilities Market, by Vehicle Type, 2024 – 2033 (USD Billion)
- 8.22 The Middle-East and Africa Green Mobilities Market, by Application, 2024 – 2033
- 8.22.1 The Middle-East and Africa Green Mobilities Market, by Application, 2024 – 2033 (USD Billion)
- Chapter 9. Company Profiles
- 9.1 BMW
- 9.1.1 Overview
- 9.1.2 Financials
- 9.1.3 Product Portfolio
- 9.1.4 Business Strategy
- 9.1.5 Recent Developments
- 9.2 BYD
- 9.2.1 Overview
- 9.2.2 Financials
- 9.2.3 Product Portfolio
- 9.2.4 Business Strategy
- 9.2.5 Recent Developments
- 9.3 Tesla
- 9.3.1 Overview
- 9.3.2 Financials
- 9.3.3 Product Portfolio
- 9.3.4 Business Strategy
- 9.3.5 Recent Developments
- 9.4 Daimler AG
- 9.4.1 Overview
- 9.4.2 Financials
- 9.4.3 Product Portfolio
- 9.4.4 Business Strategy
- 9.4.5 Recent Developments
- 9.5 Nissan
- 9.5.1 Overview
- 9.5.2 Financials
- 9.5.3 Product Portfolio
- 9.5.4 Business Strategy
- 9.5.5 Recent Developments
- 9.6 Engie
- 9.6.1 Overview
- 9.6.2 Financials
- 9.6.3 Product Portfolio
- 9.6.4 Business Strategy
- 9.6.5 Recent Developments
- 9.7 Ford Motors Company
- 9.7.1 Overview
- 9.7.2 Financials
- 9.7.3 Product Portfolio
- 9.7.4 Business Strategy
- 9.7.5 Recent Developments
- 9.8 Kia Motors Corp.
- 9.8.1 Overview
- 9.8.2 Financials
- 9.8.3 Product Portfolio
- 9.8.4 Business Strategy
- 9.8.5 Recent Developments
- 9.9 General Motors
- 9.9.1 Overview
- 9.9.2 Financials
- 9.9.3 Product Portfolio
- 9.9.4 Business Strategy
- 9.9.5 Recent Developments
- 9.10 Volkswagen
- 9.10.1 Overview
- 9.10.2 Financials
- 9.10.3 Product Portfolio
- 9.10.4 Business Strategy
- 9.10.5 Recent Developments
- 9.11 Hyundai Motor Company
- 9.11.1 Overview
- 9.11.2 Financials
- 9.11.3 Product Portfolio
- 9.11.4 Business Strategy
- 9.11.5 Recent Developments
- 9.12 Maruti
- 9.12.1 Overview
- 9.12.2 Financials
- 9.12.3 Product Portfolio
- 9.12.4 Business Strategy
- 9.12.5 Recent Developments
- 9.13 TATA Motors Limited
- 9.13.1 Overview
- 9.13.2 Financials
- 9.13.3 Product Portfolio
- 9.13.4 Business Strategy
- 9.13.5 Recent Developments
- 9.14 Toyota
- 9.14.1 Overview
- 9.14.2 Financials
- 9.14.3 Product Portfolio
- 9.14.4 Business Strategy
- 9.14.5 Recent Developments
- 9.15 Volvo Car Corp.
- 9.15.1 Overview
- 9.15.2 Financials
- 9.15.3 Product Portfolio
- 9.15.4 Business Strategy
- 9.15.5 Recent Developments
- 9.16 Others
- 9.16.1 Overview
- 9.16.2 Financials
- 9.16.3 Product Portfolio
- 9.16.4 Business Strategy
- 9.16.5 Recent Developments
- 9.1 BMW
List Of Figures
Figures No 1 to 34
List Of Tables
Tables No 1 to 77
Report Methodology
In order to get the most precise estimates and forecasts possible, Custom Market Insights applies a detailed and adaptive research methodology centered on reducing deviations. For segregating and assessing quantitative aspects of the market, the company uses a combination of top-down and bottom-up approaches. Furthermore, data triangulation, which examines the market from three different aspects, is a recurring theme in all of our research reports. The following are critical components of the methodology used in all of our studies:
Preliminary Data Mining
On a broad scale, raw market information is retrieved and compiled. Data is constantly screened to make sure that only substantiated and verified sources are taken into account. Furthermore, data is mined from a plethora of reports in our archive and also a number of reputed & reliable paid databases. To gain a detailed understanding of the business, it is necessary to know the entire product life cycle and to facilitate this, we gather data from different suppliers, distributors, and buyers.
Surveys, technological conferences, and trade magazines are used to identify technical issues and trends. Technical data is also gathered from the standpoint of intellectual property, with a focus on freedom of movement and white space. The dynamics of the industry in terms of drivers, restraints, and valuation trends are also gathered. As a result, the content created contains a diverse range of original data, which is then cross-validated and verified with published sources.
Statistical Model
Simulation models are used to generate our business estimates and forecasts. For each study, a one-of-a-kind model is created. Data gathered for market dynamics, the digital landscape, development services, and valuation patterns are fed into the prototype and analyzed concurrently. These factors are compared, and their effect over the projected timeline is quantified using correlation, regression, and statistical modeling. Market forecasting is accomplished through the use of a combination of economic techniques, technical analysis, industry experience, and domain knowledge.
Short-term forecasting is typically done with econometric models, while long-term forecasting is done with technological market models. These are based on a synthesis of the technological environment, legal frameworks, economic outlook, and business regulations. Bottom-up market evaluation is favored, with crucial regional markets reviewed as distinct entities and data integration to acquire worldwide estimates. This is essential for gaining a thorough knowledge of the industry and ensuring that errors are kept to a minimum.
Some of the variables taken into account for forecasting are as follows:
• Industry drivers and constraints, as well as their current and projected impact
• The raw material case, as well as supply-versus-price trends
• Current volume and projected volume growth through 2030
We allocate weights to these variables and use weighted average analysis to determine the estimated market growth rate.
Primary Validation
This is the final step in our report’s estimating and forecasting process. Extensive primary interviews are carried out, both in-person and over the phone, to validate our findings and the assumptions that led to them.
Leading companies from across the supply chain, including suppliers, technology companies, subject matter experts, and buyers, use techniques like interviewing to ensure a comprehensive and non-biased overview of the business. These interviews are conducted all over the world, with the help of local staff and translators, to overcome language barriers.
Primary interviews not only aid with data validation, but also offer additional important insight into the industry, existing business scenario, and future projections, thereby improving the quality of our reports.
All of our estimates and forecasts are validated through extensive research work with key industry participants (KIPs), which typically include:
• Market leaders
• Suppliers of raw materials
• Suppliers of raw materials
• Buyers.
The following are the primary research objectives:
• To ensure the accuracy and acceptability of our data.
• Gaining an understanding of the current market and future projections.
Data Collection Matrix
| Perspective | Primary research | Secondary research |
| Supply-side |
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| Demand-side |
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Market Analysis Matrix
| Qualitative analysis | Quantitative analysis |
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FAQs
“North America” region will lead the global Green Mobility market during the forecast period 2023 to 2032.
The key factors driving the market is essentially aims to reduce the amount of pollution (both air and noise).
The key players operating in the Green Mobility market are BMW, BYD, Tesla, Daimler AG, Nissan, Engie, Ford Motors Company, Kia Motors Corp., General Motors, Volkswagen, Hyundai Motor Company, Maruti, TATA Motors Limited, Toyota, Volvo Car Corp., Others.
The global Green Mobility market is expanding growth with a CAGR of approximately 11% during the forecast period (2023 to 2032).
The global Green Mobility market size was valued at USD 3 Billion in 2022 and it is projected to reach around USD 33 Billion by 2032.
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