by Precedence Research a new report on hybrid vehicle market size, share, growth, industry trends, and forecast 2030, covering various industry elements and growth trends helpful for predicting the market’s future. The global hybrid vehicle market size was valued at US$ 350.1 billion in 2021. The global hybrid vehicle market is projected to reach US$ 1670.5 billion by 2030, registering a compound annual growth rate (CAGR) of 28.90% during the forecast period from 2022 to 2030.
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The global hybrid vehicle market report offers various segments analysis by size, trends, growth factors, opportunities and key country outlook to 2030. The report offers a detailed analysis and information as per hybrid vehicle, market segments helping our readers to get a comprehensive overview of the global market. Several players are planning to focus on developing cost-effective products or services, aiming to maintain a strong foothold in the market.
Hybrid Vehicle Market Report Scope
| Report Coverage | Details |
| Market Size in 2021 | USD 350.1 Billion |
| Market Size by 2030 | USD 1670.5 Billion |
| Growth Rate from 2022 to 2030 | CAGR of 28.90% |
| Fastest Growing Market | Asia Pacific |
| Base Year | 2021 |
| Forecast Period | 2022 to 2030 |
| Segments Covered | Hybrid, Vehicle, Type of Propulsion Insights, Type of Drivetrain Insights, Type of Drivetrain Insights, Geography |
The company profiling of leading market players is included this report with Porter’s five forces analysis and Value Chain analysis. Further, the strategies exercised by the companies for expansion of business through mergers, acquisitions, and other business development measures are discussed in the report. The financial parameters which are assessed include the sales, profits and the overall revenue generated by the key players of Market.
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Some of the prominent players in the hybrid vehicle market include:
- Toyota Motor Company
- Honda Motor Company
- BYD Company Ltd
- Lexus
- Ford motor company
- Kia Motors Company
- Nissan Motor Company
- Volkswagen AG
- AB Volvo
Hybrid Vehicle Market Segmentation
By Hybridization
- Fully hybrid
- Micro hybrid
- Mild hybrid
By Drivetrain
- Parallel drivetrain
- Series drivetrain
By Vehicle
- Passenger car
- Commercial vehicles
By Propulsion
- HEV
- PHEV
- NGV
By Component Type
- Battery
- Electric Motor
- Transmission
Regional Segmentation
- Asia-Pacific [China, Southeast Asia, India, Japan, Korea, Western Asia]
- Europe [Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
- North America [United States, Canada, Mexico]
- South America [Brazil, Argentina, Columbia, Chile, Peru]
- Middle East & Africa [GCC, North Africa, South Africa]
Key Questions are
- What are the key factors influencing the hybrid vehicle market in each region?
- How much value will the global market generate by the end of the forecast period?
- What will be the CAGR of the global market between 2022 and 2030?
- What would be the Y-o-Y growth trend of the global market between 2022 and 2030?
- What is the future scope and current trends in technologies of the global market?
- What is the revenue of the global market based on segments?
- Which key strategies are used by top players of the global market?
- Which are the leading companies in the global market?
- What are the essential strategies by key stakeholders in the market to expand their geographic presence?
- What are the major advancements witnessed in the global market?
Research Objectives and Research Approach
The comprehensive report on the global hybrid vehicle market begins with an overview, followed by the scope and objectives of the study. The report provides detailed explanation of the objectives behind this study and key vendors and distributors operating in the market and regulatory scenario for approval of products. Following this, the report provides detailed explanation of objectives of this study and laid down by accredited agencies in the purview of research in the global hybrid vehicle market.
It is followed by market introduction, market dynamics, and an overview of the global market, which includes analysis of market drivers, restraints, and trends pertaining to the global market. Furthermore, Y-o-Y growth analysis with elaborated insights has been provided in order to understand the Y-o-Y growth trend of the global market.
For reading comprehensibility, the report has been compiled in a chapter-wise layout, with each section divided into smaller sections. The report comprises an exhaustive collection of graphs and tables that are appropriately interspersed. Pictorial representation of actual and projected values of key segments is visually appealing to readers. This also allows comparison of the market shares of key segments in the past and at the end of the forecast period.
The report analyzes the global hybrid vehicle market in terms of type, application, region and others. Key segments under each criteria are studied at length, and the market share for each of these at the end of 2030 has also been provided. Such valuable insights enable market stakeholders in making informed business decisions for investment in the global market.
Why should you invest in this report?
If you are aiming to enter the global hybrid vehicle market, this report is a comprehensive guide that provides crystal clear insights into this niche market. All the major application areas for hybrid vehicle are covered in this report and information is given on the important regions of the world where this market is likely to boom during the forecast period of 2022-2030 so that you can plan your strategies to enter this market accordingly.
Besides, through this report, you can have a complete grasp of the level of competition you will be facing in this hugely competitive market and if you are an established player in this market already, this report will help you gauge the strategies that your competitors have adopted to stay as market leaders in this market. For new entrants to this market, the voluminous data provided in this report is invaluable.
Table of Contents
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. COVID 19 Impact on Hybrid Vehicle Market
5.1. COVID-19 Landscape: Hybrid Vehicle Industry Impact
5.2. COVID 19 – Impact Assessment for the Industry
5.3. COVID 19 Impact: Global Major Government Policy
5.4. Market Trends and Opportunities in the COVID-19 Landscape
Chapter 6. Market Dynamics Analysis and Trends
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.2. Market Restraints
6.1.3. Market Opportunities
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
Chapter 7. Competitive Landscape
7.1.1. Company Market Share/Positioning Analysis
7.1.2. Key Strategies Adopted by Players
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers
Chapter 8. Global Hybrid Vehicle Market, By Hybridization
8.1. Hybrid Vehicle Market, by Hybridization, 2022-2030
8.1.1. Fully hybrid
8.1.1.1. Market Revenue and Forecast (2017-2030)
8.1.2. Micro hybrid
8.1.2.1. Market Revenue and Forecast (2017-2030)
8.1.2. Mild hybrid
8.1.2.1. Market Revenue and Forecast (2017-2030)
Chapter 9. Global Hybrid Vehicle Market, By Drivetrain
9.1. Hybrid Vehicle Market, by Drivetrain, 2022-2030
9.1.1. Parallel drivetrain
9.1.1.1. Market Revenue and Forecast (2017-2030)
9.1.2. Series drivetrain
9.1.2.1. Market Revenue and Forecast (2017-2030)
Chapter 10. Global Hybrid Vehicle Market, By Vehicle
10.1. Hybrid Vehicle Market, by Vehicle, 2022-2030
10.1.1. Passenger car
10.1.1.1. Market Revenue and Forecast (2017-2030)
10.1.2. Commercial vehicles
10.1.2.1. Market Revenue and Forecast (2017-2030)
Chapter 11. Global Hybrid Vehicle Market, By Propulsion
11.1. Hybrid Vehicle Market, by Propulsion, 2022-2030
11.1.1. HEV
11.1.1.1. Market Revenue and Forecast (2017-2030)
11.1.2. PHEV
11.1.2.1. Market Revenue and Forecast (2017-2030)
11.1.3. NGV
11.1.3.1. Market Revenue and Forecast (2017-2030)
Chapter 12. Global Hybrid Vehicle Market, By Component Type
12.1. Hybrid Vehicle Market, by Component Type, 2022-2030
12.1.1. Battery
12.1.1.1. Market Revenue and Forecast (2017-2030)
12.1.2. Electric Motor
12.1.2.1. Market Revenue and Forecast (2017-2030)
12.1.3. Transmission
12.1.3.1. Market Revenue and Forecast (2017-2030)
Chapter 13. Global Hybrid Vehicle Market, Regional Estimates and Trend Forecast
13.1. North America
13.1.1. Market Revenue and Forecast, by Hybridization (2017-2030)
13.1.2. Market Revenue and Forecast, by Drivetrain (2017-2030)
13.1.3. Market Revenue and Forecast, by Vehicle (2017-2030)
13.1.4. Market Revenue and Forecast, by Propulsion (2017-2030)
13.1.5. Market Revenue and Forecast, by Component Type (2017-2030)
13.1.6. U.S.
13.1.6.1. Market Revenue and Forecast, by Hybridization (2017-2030)
13.1.6.2. Market Revenue and Forecast, by Drivetrain (2017-2030)
13.1.6.3. Market Revenue and Forecast, by Vehicle (2017-2030)
13.1.6.4. Market Revenue and Forecast, by Propulsion (2017-2030)
13.1.7. Market Revenue and Forecast, by Component Type (2017-2030)
13.1.8. Rest of North America
13.1.8.1. Market Revenue and Forecast, by Hybridization (2017-2030)
13.1.8.2. Market Revenue and Forecast, by Drivetrain (2017-2030)
13.1.8.3. Market Revenue and Forecast, by Vehicle (2017-2030)
13.1.8.4. Market Revenue and Forecast, by Propulsion (2017-2030)
13.1.8.5. Market Revenue and Forecast, by Component Type (2017-2030)
13.2. Europe
13.2.1. Market Revenue and Forecast, by Hybridization (2017-2030)
13.2.2. Market Revenue and Forecast, by Drivetrain (2017-2030)
13.2.3. Market Revenue and Forecast, by Vehicle (2017-2030)
13.2.4. Market Revenue and Forecast, by Propulsion (2017-2030)
13.2.5. Market Revenue and Forecast, by Component Type (2017-2030)
13.2.6. UK
13.2.6.1. Market Revenue and Forecast, by Hybridization (2017-2030)
13.2.6.2. Market Revenue and Forecast, by Drivetrain (2017-2030)
13.2.6.3. Market Revenue and Forecast, by Vehicle (2017-2030)
13.2.7. Market Revenue and Forecast, by Propulsion (2017-2030)
13.2.8. Market Revenue and Forecast, by Component Type (2017-2030)
13.2.9. Germany
13.2.9.1. Market Revenue and Forecast, by Hybridization (2017-2030)
13.2.9.2. Market Revenue and Forecast, by Drivetrain (2017-2030)
13.2.9.3. Market Revenue and Forecast, by Vehicle (2017-2030)
13.2.10. Market Revenue and Forecast, by Propulsion (2017-2030)
13.2.11. Market Revenue and Forecast, by Component Type (2017-2030)
13.2.12. France
13.2.12.1. Market Revenue and Forecast, by Hybridization (2017-2030)
13.2.12.2. Market Revenue and Forecast, by Drivetrain (2017-2030)
13.2.12.3. Market Revenue and Forecast, by Vehicle (2017-2030)
13.2.12.4. Market Revenue and Forecast, by Propulsion (2017-2030)
13.2.13. Market Revenue and Forecast, by Component Type (2017-2030)
13.2.14. Rest of Europe
13.2.14.1. Market Revenue and Forecast, by Hybridization (2017-2030)
13.2.14.2. Market Revenue and Forecast, by Drivetrain (2017-2030)
13.2.14.3. Market Revenue and Forecast, by Vehicle (2017-2030)
13.2.14.4. Market Revenue and Forecast, by Propulsion (2017-2030)
13.2.15. Market Revenue and Forecast, by Component Type (2017-2030)
13.3. APAC
13.3.1. Market Revenue and Forecast, by Hybridization (2017-2030)
13.3.2. Market Revenue and Forecast, by Drivetrain (2017-2030)
13.3.3. Market Revenue and Forecast, by Vehicle (2017-2030)
13.3.4. Market Revenue and Forecast, by Propulsion (2017-2030)
13.3.5. Market Revenue and Forecast, by Component Type (2017-2030)
13.3.6. India
13.3.6.1. Market Revenue and Forecast, by Hybridization (2017-2030)
13.3.6.2. Market Revenue and Forecast, by Drivetrain (2017-2030)
13.3.6.3. Market Revenue and Forecast, by Vehicle (2017-2030)
13.3.6.4. Market Revenue and Forecast, by Propulsion (2017-2030)
13.3.7. Market Revenue and Forecast, by Component Type (2017-2030)
13.3.8. China
13.3.8.1. Market Revenue and Forecast, by Hybridization (2017-2030)
13.3.8.2. Market Revenue and Forecast, by Drivetrain (2017-2030)
13.3.8.3. Market Revenue and Forecast, by Vehicle (2017-2030)
13.3.8.4. Market Revenue and Forecast, by Propulsion (2017-2030)
13.3.9. Market Revenue and Forecast, by Component Type (2017-2030)
13.3.10. Japan
13.3.10.1. Market Revenue and Forecast, by Hybridization (2017-2030)
13.3.10.2. Market Revenue and Forecast, by Drivetrain (2017-2030)
13.3.10.3. Market Revenue and Forecast, by Vehicle (2017-2030)
13.3.10.4. Market Revenue and Forecast, by Propulsion (2017-2030)
13.3.10.5. Market Revenue and Forecast, by Component Type (2017-2030)
13.3.11. Rest of APAC
13.3.11.1. Market Revenue and Forecast, by Hybridization (2017-2030)
13.3.11.2. Market Revenue and Forecast, by Drivetrain (2017-2030)
13.3.11.3. Market Revenue and Forecast, by Vehicle (2017-2030)
13.3.11.4. Market Revenue and Forecast, by Propulsion (2017-2030)
13.3.11.5. Market Revenue and Forecast, by Component Type (2017-2030)
13.4. MEA
13.4.1. Market Revenue and Forecast, by Hybridization (2017-2030)
13.4.2. Market Revenue and Forecast, by Drivetrain (2017-2030)
13.4.3. Market Revenue and Forecast, by Vehicle (2017-2030)
13.4.4. Market Revenue and Forecast, by Propulsion (2017-2030)
13.4.5. Market Revenue and Forecast, by Component Type (2017-2030)
13.4.6. GCC
13.4.6.1. Market Revenue and Forecast, by Hybridization (2017-2030)
13.4.6.2. Market Revenue and Forecast, by Drivetrain (2017-2030)
13.4.6.3. Market Revenue and Forecast, by Vehicle (2017-2030)
13.4.6.4. Market Revenue and Forecast, by Propulsion (2017-2030)
13.4.7. Market Revenue and Forecast, by Component Type (2017-2030)
13.4.8. North Africa
13.4.8.1. Market Revenue and Forecast, by Hybridization (2017-2030)
13.4.8.2. Market Revenue and Forecast, by Drivetrain (2017-2030)
13.4.8.3. Market Revenue and Forecast, by Vehicle (2017-2030)
13.4.8.4. Market Revenue and Forecast, by Propulsion (2017-2030)
13.4.9. Market Revenue and Forecast, by Component Type (2017-2030)
13.4.10. South Africa
13.4.10.1. Market Revenue and Forecast, by Hybridization (2017-2030)
13.4.10.2. Market Revenue and Forecast, by Drivetrain (2017-2030)
13.4.10.3. Market Revenue and Forecast, by Vehicle (2017-2030)
13.4.10.4. Market Revenue and Forecast, by Propulsion (2017-2030)
13.4.10.5. Market Revenue and Forecast, by Component Type (2017-2030)
13.4.11. Rest of MEA
13.4.11.1. Market Revenue and Forecast, by Hybridization (2017-2030)
13.4.11.2. Market Revenue and Forecast, by Drivetrain (2017-2030)
13.4.11.3. Market Revenue and Forecast, by Vehicle (2017-2030)
13.4.11.4. Market Revenue and Forecast, by Propulsion (2017-2030)
13.4.11.5. Market Revenue and Forecast, by Component Type (2017-2030)
13.5. Latin America
13.5.1. Market Revenue and Forecast, by Hybridization (2017-2030)
13.5.2. Market Revenue and Forecast, by Drivetrain (2017-2030)
13.5.3. Market Revenue and Forecast, by Vehicle (2017-2030)
13.5.4. Market Revenue and Forecast, by Propulsion (2017-2030)
13.5.5. Market Revenue and Forecast, by Component Type (2017-2030)
13.5.6. Brazil
13.5.6.1. Market Revenue and Forecast, by Hybridization (2017-2030)
13.5.6.2. Market Revenue and Forecast, by Drivetrain (2017-2030)
13.5.6.3. Market Revenue and Forecast, by Vehicle (2017-2030)
13.5.6.4. Market Revenue and Forecast, by Propulsion (2017-2030)
13.5.7. Market Revenue and Forecast, by Component Type (2017-2030)
13.5.8. Rest of LATAM
13.5.8.1. Market Revenue and Forecast, by Hybridization (2017-2030)
13.5.8.2. Market Revenue and Forecast, by Drivetrain (2017-2030)
13.5.8.3. Market Revenue and Forecast, by Vehicle (2017-2030)
13.5.8.4. Market Revenue and Forecast, by Propulsion (2017-2030)
13.5.8.5. Market Revenue and Forecast, by Component Type (2017-2030)
Chapter 14. Company Profiles
14.1. Toyota Motor Company
14.1.1. Company Overview
14.1.2. Product Offerings
14.1.3. Financial Performance
14.1.4. Recent Initiatives
14.2. Honda Motor Company
14.2.1. Company Overview
14.2.2. Product Offerings
14.2.3. Financial Performance
14.2.4. Recent Initiatives
14.3. BYD Company Ltd
14.3.1. Company Overview
14.3.2. Product Offerings
14.3.3. Financial Performance
14.3.4. Recent Initiatives
14.4. Lexus
14.4.1. Company Overview
14.4.2. Product Offerings
14.4.3. Financial Performance
14.4.4. Recent Initiatives
14.5. Ford motor company
14.5.1. Company Overview
14.5.2. Product Offerings
14.5.3. Financial Performance
14.5.4. Recent Initiatives
14.6. Kia Motors Company
14.6.1. Company Overview
14.6.2. Product Offerings
14.6.3. Financial Performance
14.6.4. Recent Initiatives
14.7. Nissan Motor Company
14.7.1. Company Overview
14.7.2. Product Offerings
14.7.3. Financial Performance
14.7.4. Recent Initiatives
14.8. Volkswagen AG
14.8.1. Company Overview
14.8.2. Product Offerings
14.8.3. Financial Performance
14.8.4. Recent Initiatives
14.9. AB Volvo
14.9.1. Company Overview
14.9.2. Product Offerings
14.9.3. Financial Performance
14.9.4. Recent Initiatives
Chapter 15. Research Methodology
15.1. Primary Research
15.2. Secondary Research
15.3. Assumptions
Chapter 16. Appendix
16.1. About Us
16.2. Glossary of Terms
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