A hybrid electric vehicle (HEV) is a type of hybrid vehicle that combines a conventional internal combustion engine (ICE) system with an electric propulsion system (hybrid vehicle drivetrain). The presence of the electric powertrain is intended to achieve either better fuel economy than a conventional vehicle or better performance. There is a variety of HEV types, and the degree to which each functions as an electric vehicle (EV) also varies. The most common form of HEV is the hybrid electric car, although hybrid electric trucks (pickups and tractors) and buses also exist.
The introduction of stringent regulations on emissions is one of the major factors that will have a positive impact on the growth of this market in the coming years. To minimize the negative effects of global warming and to reduce GHG emissions, governments of several countries across the globe have started introducing stringent emission norms. For instance, the European Union norms of 2009 set CO₂ emission level for new passenger cars at 130g/km. The European Union also introduced the Euro VI norms in 2016, which set the emission of nitrogen oxide below 0.4g/kWh and other emissions under 0.01g/kWh. Analysts predict that the countries such as Australia, Mexico, Russia, and Brazil will also implement stringent emission standards during the coming years, which, in turn, will propel the demand for hybrid vehicles during the estimated period.
APAC is estimated to be the major revenue contributor to the market throughout the next four years. The increasing focus of governments in this region in promoting the adoption of battery electric vehicles and hybrid vehicles coupled with the rising demand for alternative fuel vehicles (AFV), will drive the prospects for market growth in this region. Additionally, the economic growth of emerging countries such as China and India will also result in rapid infrastructure development to support the use of hybrid vehicles.
Global Hybrid Electric Vehicles market size will reach xx million US$ by 2025, from xx million US$ in 2018, at a CAGR of xx% during the forecast period. In this study, 2018 has been considered as the base year and 2019-2025 as the forecast period to estimate the market size for Hybrid Electric Vehicles.
This industry study presents the global Hybrid Electric Vehicles market size, historical breakdown data (2014-2019) and forecast (2019-2025). The Hybrid Electric Vehicles production, revenue and market share by manufacturers, key regions and type;
The consumption of Hybrid Electric Vehicles in volume terms are also provided for major countries (or regions), and for each application and product at the global level. Market share, growth rate, and competitive factors are also evaluated for market leaders Toyota, Hyundai, etc.
The following manufacturers are covered in this report:
Toyota
Hyundai
Honda
Ford
Nissan
Hybrid Electric Vehicles Breakdown Data by Type
Commercial
Luxury Sedan
SUV
Mid-Luxury
Entry-Level
Hybrid Electric Vehicles Breakdown Data by Application
Commercial
Industrial
Others
Hybrid Electric Vehicles Production by Region
United States
Europe
China
Japan
South Korea
India
Other Regions
Hybrid Electric Vehicles Consumption by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Russia
Rest of Europe
Central & South America
Brazil
Rest of South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa
The study objectives are:
To analyze and research the global Hybrid Electric Vehicles status and future forecast,involving, production, revenue, consumption, historical and forecast.
To present the key Hybrid Electric Vehicles manufacturers, production, revenue, market share, SWOT analysis and development plans in next few years.
To segment the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To strategically analyze each submarket with respect to individual growth trend and their contribution to the market.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Hybrid Electric Vehicles :
History Year: 2014 - 2018
Base Year: 2018
Estimated Year: 2019
Forecast Year: 2019 - 2025
This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Hybrid Electric Vehicles market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Summary:
Get latest Market Research Reports on Hybrid Electric Vehicles . Industry analysis & Market Report on Hybrid Electric Vehicles is a syndicated market report, published as Global Hybrid Electric Vehicles Market Insights, Forecast to 2025. It is complete Research Study and Industry Analysis of Hybrid Electric Vehicles market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.