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Friday, February 6, 2026

Lucintel Forecasts the Global Sustainable Mobility Market to Grow with a CAGR of 10.2% from 2024 to 2031

According to a market report by Lucintel, the future of the global sustainable mobility market looks promising with opportunities in the gas based combustion engine, bio-fuel base engine, and electric vehicle markets. The global sustainable mobility market is expected to grow with a CAGR of 10.2% from 2024 to 2031. The major drivers for this market are the increasing demand for eco-friendly transportation, the rising adoption of electric vehicles, and the growing focus on carbon reduction.

A more than 150-page report to understand trends, opportunity and forecast in global sustainable mobility market to 2031 by vehicle type (two & three wheelers, passenger vehicles, and commercial vehicles), propulsion type (gas based combustion engine, bio-fuel base engine, and electric vehicle), and region (North America, Europe, Asia Pacific, and the Rest of the World).

Lucintel forecasts that, within the vehicle type category, two & three wheeler is expected to witness the highest growth over the forecast period.

Within the propulsion type category, electric vehicle is expected to witness the highest growth.

Download sample by clicking on sustainable mobility market.

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

BYD, Tesla, Toyota Motor, Dongfeng Motor Group, Hyundai Motor, Ford Motor, Great Wall Motor, CHERY Automobile, General Motors, Volkswagen are the major suppliers in the sustainable mobility 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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