Market drivers are consumer benefits and transitional government actions road vehicles away from fossil fuels
BOULDER, Kolo., June 15, 2022 / PRNewswire / – A new report from Guidehouse Insights explores the market for integrated solar transportation technologies, including electric vehicles (EVs) and charging stations.
By increasing the sale of electricity, consumers have been able to help protect the environment by reducing their carbon footprint. However, much of the electricity used to power these vehicles is still based on fossil fuels. Solar-powered electric vehicles (SEVs) and charging solutions solve this problem by allowing drivers to ride in the sun. According to a new report from Guidehouse Insights, annual implementations to directly support the demand for solar electricity are expected to exceed 11 GW, almost reaching market size. $ 12.5 billion 2031n.
“Solar-integrated transportation technologies, including electric vehicles and charging stations, have the potential to take a prominent place within the transportation electrification transition,” he says. Karen Marcus, A research analyst at Guidehouse Insights. “These innovations are helping new ways of thinking about driving consumers, including a global energy ecosystem that includes multiple sources of electricity, such as the sun and vehicles as users of those sources.”
The main factors driving this market are consumer benefits, such as reducing range anxiety and controlling the vehicle’s ambient temperature, and the actions of the government to move the transition of road vehicles around the world away from fossil fuels. According to the report, an additional factor is the need to rapidly expand the EV charging infrastructure to keep up with the wave of electric vehicles that will be used in the coming years.
Report, An overview of electric vehicles and charging stations integrated with the sunIt examines the global market for transportation technologies, especially solar-powered electric vehicles, solar-powered electric vehicles, and integrated solar chargers as the main solar source. The study provides an analysis of market issues, including use cases, opportunities, and implementation challenges related to solar-integrated transportation technologies. The forecast for the global capacity and revenue market, by technology segment and region, extends to 2031. The report also examines the technologies associated with these solutions and lists the main players in the market. The executive summary of the report can be downloaded free of charge from the Guidehouse Insights website.
About Guidehouse Insights
Guidehouse Insights offers Guidehouse’s market intelligence, research, data and benchmarking services for today’s rapidly changing and highly regulated industries. Our perspectives are based on an in-depth study of global clean technology markets. The Group’s research methodology combines supply industry analysis, end-user initial research and demand assessment, along with an in-depth analysis of technology trends to provide a comprehensive view of emerging resilient infrastructure systems. More information about Guidehouse Insights can be found at www.guidehouseinsights.com.
About the guidehouse
Guidehouse is a leading global provider of consulting services for the public sector and commercial markets with extensive capabilities in management, technology and risk consulting. Combining the experience of our public and private sectors, we help our clients meet the most complex challenges and navigate significant regulatory pressures, focusing on transformative change, business resilience and technology-driven innovation. With a wide range of digital consulting, consulting, outsourcing and services, we create scalable and innovative solutions that help our clients overcome complexity and achieve future growth and success. The company has more than 13,000 professionals in more than 50 locations worldwide. Guidehouse Veritas Capital is a portfolio company run by experienced and diverse professionals with proven and diverse experience in traditional and emerging technologies, markets and agenda-setting that drive national and global economies. For more information, visit www.guidehouse.com.
* Information on the report in this press release, An overview of electric vehicles and charging stations integrated with the sun, is a summary and reflects Guidehouse Insights ’current expectations based on market data and trend analysis. Market forecasts and expectations are inherently uncertain and the actual results may differ materially from those contained in this press release or report. Please see the full report to fully understand the assumptions underlying the conclusions of the report and the methodologies used to generate the report. Guidehouse Insights and Guidehouse make no obligation to update the information contained in this press release or report.
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SOURCE Guidehouse Insights