Electric Patrol Car Market Scope
An electric patrol car is a type of electric car basically used for patrolling purposes. A patrol car is used in various applications like golf, park, and police patrolling for maintaining the law and order in cities of various countries. Increased use of the electric car by the various government due to low carbon emission has led to significant growth of the global electric patrol car market in the forecast period.
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies.The Vendors having a strong hold in the market are Tesla, Inc., Nissan Motor, BYD, and BMW. Research Analyst at AMA estimates that European Vendors will contribute to the maximum growth of Global Electric Patrol Car market throughout the predicted period.
Tesla, Inc. (United States), Nissan Motor (Japan), BYD (China), BMW (Germany), Volkswagen (Germany), Toyota (Japan), Ford (United States), Volvo (Sweden), Daimler (Germany), Hyundai (South Korea), Honda Motor Company, Ltd. (Japan) and Continental (Germany) are some of the key players that are part of study coverage.
Segmentation Overview
The study have segmented the market of Global Electric Patrol Car market , by Application (Park Area, Golf Carts, Airport, Campus, Police Patrols, Factory and Other) and Region with country level break-up.
On the basis of geography, the market of Electric Patrol Car has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Influencing Trend:
Increasing Demand for Police Patrols in Various Countries
Market Growth Drivers:
Increasing Concerns Over Environmental Pollution and Favorable Government Policies and Subsidies
Challenges:
Stringent Rules for Installation of Charging Stations
Restraints:
Lack of Standardization of Charging Infrastructure
Opportunities:
Use of vehicle-to-grid (V2G) EV Charging Stations and EV charging Stations Powered by Renewable Energy
Market Leaders and their Expansionary Development Strategies
In April 2019, Nissan announced that the new Nissan Leaf would go on sale in Indonesia and the Philippines by 2020, underscoring Nissan's commitment to driving electrification in the region.
On 27th September 2019, Hyundai Motor Company and Cummins Inc. have announced today that the two global powertrain leaders have entered into a memorandum of understanding (MOU) to jointly evaluate opportunities to develop and commercialize electric and fuel cell powertrains.
Key Target Audience
Electric Patrol Car Manufacturers, Research Organizations and Consulting Companies, Potential Technology Investors, Regulatory & Government Bodies, Downstream Vendors, End Users and Other
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.