Vermontís Low Emission Vehicle (LEV) program, authorized under section 177 of the Clean Air Act, has been a centerpiece of Vermontís air quality efforts since 1996. The Zero Emission Vehicle (ZEV) program, which is a technology-forcing component of the LEV program, has been a major contributor to the successful commercialization of hybrid-electric vehicles and ultra-low-emission technologies
According the report, Recent developments in biofuels
is one of the primary growth factors for the market. The strict environmental regulations regarding controlling emissions across the world
is also expected to contribute significantly to the Low Emission Vehicles market. Overall, Passenger Cars
applications of Low Emission Vehicles, and the growing awareness of them, is what makes this segment of the industry important to its overall growth.
AMAs Analyst on the Global Low Emission Vehicles market identified that the demand is rising in many different parts of the world as "Top players are continuous focusing on R&D initiatives in developing fuel-efficient vehicles"
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global Low Emission Vehicles market by Type, Application, and regions o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key drivers & trends of the market
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Low Emission Vehicles market and other related sub-markets covered in the study.
o Key & emerging players in the Low Emission Vehicles market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Low Emission Vehicles market size is calculated using market estimation process, the Low Emission Vehicles market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Low Emission Vehicles market size has been validated using both top-down and bottom-up approaches.