The Freedonia Group is a leading international database business research
company. Since 1985, Freedonia has published more than 1,600 multiclient
industry studies that have proven to be outstanding aids to market and corporate analysis and
strategic planning. Freedonia can save you time and money on research you would
otherwise have to do yourself or contract out.
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Freedonia's proprietar database of thousands of economic and industry series,
with an internally consistent set of intermediate and long range projections,
provides
the background for Freedonia's studies.
Electronic Library Analysts also use Freedonia's comprehensive electronic
library of corporate reports, trade literature and government data.
Extensive Interviews
Freedonia analysts expand their investigations by interviewing key industry
participants, experts and end-users. In-House Research Freedonia's high quality
analysis, concise overviews and consistent framework of economic indicators
provide
our clients with a competitive edge. All writing, editing, compilation of data
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analysis for Freedonia studies is done in-house to assure quality control.
World Electric Vehicles
A bystander inspects the Toyota Prius, the world's first production hybrid
vehicle which incorporates both a gasoline engine and an electric motor.
US, Japan, Western Europe lead demand Global electric vehicle sales are projected to reach 1.6 million units, valued
at $35 billion, by the year 2009. Over six million electric vehicles will be in use at
that time. Demand remains concentrated largely in relatively affluent societies,
mainly the United States, Japan and Western Europe.
This results from the relatively high cost of the vehicles, and importantly,
governmental subsidies and mandates in these nations which encourage the
adoption of such technologies.
However, other countries are expected to provide a $4billion market by the end
of the decade. Hybrid vehicles demand to pace growth in Evs Although expected
growth in demand for electric vehicles remains very high, the product mix will likely
change considerably from previous estimates. In essence, hybrid vehicles (which
combine a small gasoline or diesel engine with an electric motor) will post the greatest
growth, inhibiting advances in battery powered electrics.
Though they are not pure electric vehicles, hybrids offer many advantages,
including much better gas mileage than conventional internal combustion engine
(ICE) vehicles. These vehicles also overcome the main shortcomings of battery
powered vehicles, since they have virtually unlimited range (like ICE vehicles)
and are not dependent on the creation of a nationwide recharging infrastructure.
Thus, hybrid vehicles will provide an interim technology bridging the gap between battery powered vehicles
and fuel cell vehicles, which generate electricity directly from hydrogen-based
fuels, producing only carbon dioxide and water as emissions.
Fuel cell vehicles to emerge by end of decade Fuel cell powered vehicles offer a
virtually ideal motor vehicle platform, being nearly emission free and able to
operate on almost any fuel.
However, as the technology for producing fuel cells economically on a commercial
basis is not yet developed, the emergence of these vehicles will occur later in
the decade.
Study coverage
World Electric Vehicles, a new Freedonia study priced at $4400, presents data
for 1999 and forecasts to 2004 and 2009 by vehicle type and class for electric vehicle
sales and total vehicles in use by major region and country.
Emphasis is on the US, Japan and Western Europe where the majority of such
vehicles are produced and sold. The study also evaluates market share and profiles
leading industry players worldwide.
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