Alternative Fuel Vehicles Market Size, Share & Industry Analysis, By Fuel Type (BEV, HEV, PHEV, FCV, CNG, Biofuels, Other Gaseous Fuels), By Vehicle Type (Passenger Cars, Commercial Vehicles), and Regional Forecasts, 2024-2032

Last Updated: November 17, 2025 | Format: PDF | Report ID: FBI102518

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ATTRIBUTE	DETAILS
Study Period	2019-2032
Base Year	2023
Estimated Year	2024
Forecast Period	2024-2032
Historical Period	2019-2022
Growth Rate	CAGR of 30.2% (2024-2032)
Unit	Value (USD Billion) & Volume (Thousand Units)
Segmentation	By Fuel Type BEV HEV PHEV FCV CNG Biofuels Other Gaseous Fuels By Vehicle Type Passenger Cars Commercial Vehicles By Geography Americas (By Fuel Type, By Vehicle Type) Central & South America (By Fuel Type, By Vehicle Type) North Americas (By Fuel Type, By Vehicle Type) U.S. (By Fuel Type, By Vehicle Type) Canada (By Fuel Type, By Vehicle Type ) Mexico (By Fuel Type, By Vehicle Type ) Europe Middle East & Africa (By Fuel Type, By Vehicle Type) MEA (By Fuel Type, By Vehicle Type) Europe (By Fuel Type, By Vehicle Type) U.K. (By Fuel Type, By Vehicle Type) Germany (By Fuel Type, By Vehicle Type ) France (By Fuel Type, By Vehicle Type ) Rest of Europe (By Fuel Type, By Vehicle Type ) Asia Pacific (By Fuel Type, By Vehicle Type) China (By Fuel Type, By Vehicle Type) India (By Fuel Type, By Vehicle Type) Japan (By Fuel Type, By Vehicle Type) South Korea (By Fuel Type, By Vehicle Type) Rest of Asia Pacific (By Fuel Type, By Vehicle Type)