Transportation
Transportation was the second largest advanced energy global market by revenue in 2011 at $325.9 billion, and the third largest U.S. segment at $8.4 billion.
Transportation is composed of five subsegments: Propulsion Systems, Vehicle Design and Materials, Freight Logistics, Land Use and Infrastructure Design, and Enabling Information Technology. Only Propulsion Systems could be quantified, so figures here understate the true market size of Advanced Energy Transportation.
Nonetheless, Transportation was the second largest advanced energy global market by revenue in 2011 at $325.9 billion. This total is expected to grow to $384.7 billion in 2012, a growth rate of 18% year over year, which would make Transportation the largest segment by market value, accounting for nearly 37% of all advanced energy revenue worldwide.
In the United States, revenue from Transportation totaled $11.7 billion in 2011, and is expected to rise to $18.7 billion in 2012, a 60% increase. The overall economic impact on U.S. GDP in 2011 was $7.8 billion, derived from the domestic content associated with U.S. market revenue, which in this segment included significant imports of advanced vehicles. This economic impact does not include the economic benefits of exports from the United States to global markets.
U.S. market activity in Transportation generated $790 million in federal tax revenue and an additional $366 million in state and local taxes in 2011.
Economic Impact
gross domestic product
The Transportation segment contributed $7.8 billion in increased U.S. GDP in 2011.
advanced energy in action
Solar Powered and Wired Trash Bins
Solar powered trash compactors that tell municipal workers when they are full are dramatically reducing diesel fuel use and labor costs.
Putting Electricity in the Tank with Plug-in Electric Vehicles (PEVs)
Improvements in battery cost and performance are making PEVs practical alternatives to gasoline vehicles. Fill'er up with electrons, please.
Secure, Clean, Affordable
Autos Go Electric
Plug-in vehicles save gas dollars, improve urban air quality, and are now hitting showroom floors – and the road.
Propulsion Systems
By reducing fuel usage and allowing vehicles to make use of advanced fuels, advanced propulsion systems lower fuel costs and emissions, and make us more secure by reducing petroleum imports.
Vehicle Design and Materials
Higher fuel efficiency in vehicle designs and features include more aerodynamic forms and designs, advanced composites to save weight, and improved ignition, combustion, and fuel injection technologies.
Electric Vehicle Batteries
Advanced electric vehicle battery packs currently provide approximately 3-4 miles of driving range per kWh, for a range of 10 to 80 miles per charge.
- Overview
- Propulsion Systems
- Vehicle Design and Materials
- Freight Logistics
- Land-Use and Infrastructure Design
- Enabling Information Technology
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