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Technology Innovations Empowering Low Emission Vehicles (TechVision) 

  • December 2015
  • 75 pages
  • Frost & Sullivan
Report ID: 3517857

Summary

Table of Contents

Technology Innovations Empowering Low Emission Vehicles (TechVision) : Moving towards an era of low carbon transportation

The research service delves into various technologies that are necessary to produce low emission vehicles (LEVs). Low emission vehicles are vehicles that emit at least 40% less emissions than a similar model vehicle. In general, this research service focuses on electric, hybrid, and fuel cell vehicles.

Each type of vehicle and the technologies empowering them have been highlighted to provide a depth of information for the readers. The report analyzes the various factors affecting the adoption of low emission vehicles (LEVs) in different geographical regions. In each region, various governmental regulations and incentives for LEVs are discussed in detail.

Further, the LEV sales prediction for the next 5 years is included in the research service. This research service provides: An overview of technologies empowering LEVs

A review of key technological/ business challenges influencing the adoption of LEVs. Regulations and incentives for LEV purchase in various countries.

The R&D efforts in developing new charging solutions and battery technologies are highlighted. This information will be useful for companies working across LEV value chain to align their R&D portfolios.

Insights into the road ahead for adoption of LEVs in the short and medium terms. Various breakthrough innovations that could potentially enable LEVs in the near future to deliver better performance.

Key Findings

The global polyols market is dominated by polyether polyol, owing to its lower price and widespread penetration. However, with growing customer preference for superior quality and durability, polyester polyol is likely to replace polyether polyol in certain applications such as adhesives and sealants used in insulating glass units.

- Asia-Pacific (APAC) and Rest of the World (ROW) are the key growth engines for the polyols market, owing to robust GDP growth and increasing disposable income. Furthermore, robust growth of end-user industries such as automotive, construction, footwear, and upholstery is also expected to boost the market.

- Adoption of products with superior price-performance index is growing in Europe and North America. This is primarily because of increasing customer preference for product quality and performance.

- Price has emerged as the key differentiating factor in the polyether polyol market because of intense competition and oversupply. On the other hand, product performance has emerged as the key competitive factor in the polyester polyol market.

- The polyurethane coatings market is likely to be dominated by polyether polyol, owing to its low viscosity and lower glass transition temperature. However, as performance requirements of coatings are continuously increasing, polyester is likely to replace polyether in the transportation industry owing to growing demand for scratch- and chemical-resistant coatings.

- Growing demand for adhesives with superior bonding strength and durability in Europe and North America is likely to drive polyester polyol revenues, while the growing adoption of polyether in hot cast elastomers is expected to drive polyether polyol revenues.


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