Business Industry Reports Air Powered Vehicle Market 2018-2022 | Page 2

unlike battery operated electric vehicles or hybrid electric vehicles, the air powered vehicle
is economical and its vehicle parts, such as compressed air tanks, can be recycled or
predisposed with lesser pollution than the batteries used in electric vehicles. Air powered
vehicles are lightweight vehicles, which makes them more efficient. Consequently, the air
powered vehicle market is projected to expand at a significant growth rate during the
forecast period.
In terms of geography, Asia Pacific accounts for a major share of the global air powered
vehicle market due to the high adoption rate, less cost, and expansion of the automotive
sector, leading to the increased production of air powered vehicles installed with
compressed air technology. North America and Europe are also expected to witness an
increase in demand for air powered vehicles in the automotive industry during the forecast
period due to stringent norms enacted by state regulation bodies regarding emissions.
Key Players:
1 Motor Development International
2 Tata Motors
3 Engineair
4 Honda Motor
5 Groupe PSA
Purchase this report online with 125 Pages, List of Tables & Figures and in-depth Table of
Contents on “Global Air Powered Vehicle Market Outlook 2018-2022” @
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The report covers the Segments and sub-segments of the Global Air Powered Vehicle
Market by:
Regions:
1 North America Country (United States, Canada)
2 South America
3 Asia Country (China, Japan, India, Korea)
4 Europe Country (Germany, UK, France, Italy)
5 Other Country (Middle East, Africa, GCC)
Product Types:
1 Single Energy Mode