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Friday, January 9, 2026

Lucintel Forecasts the Global Air Powered Vehicle Market to Grow with a CAGR of 35.1% from 2024 to 2031

According to a market report by Lucintel, the future of the global air powered vehicle market looks promising with opportunities in the passenger vehicle and commercial vehicle markets. The global air powered vehicle market is expected to grow with a CAGR of 35.1% from 2024 to 2031. The major drivers for this market are the increasing demand for eco-friendly vehicles, the rising concerns over vehicle emissions, and the growing adoption of sustainable transportation solutions.

A more than 150-page report to understand trends, opportunity and forecast in global air powered vehicle market to 2031 by type (single energy mode and dual energy mode), application (passenger vehicles and commercial vehicles), and region (North America, Europe, Asia Pacific, and the Rest of the World)

Lucintel forecasts that, within the type category, dual energy mode is expected to witness higher growth over the forecast period.

Within the application category, passenger vehicle is expected to witness higher growth.

Download sample by clicking on air powered vehicle market.

In terms of region, APAC is expected to witness the highest growth over the forecast period.

Motor Development International, Tata Motors, Engineair, Honda Motor, Groupe PSA are the major suppliers in the air powered vehicle market.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com to get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.

About Lucintel

At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.

Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email:
roy.almaguer@lucintel.com
Tel. +1-972-636-5056

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