Hybrid Vehicle Market – Global Industry Analysis And Forecast (2023-2029)

Hybrid Vehicle Market was valued at US$ 418.8 Bn. in 2022. The Hybrid Vehicle Market size is estimated to grow at a CAGR of 28.97 % over the forecast period.

Hybrid Vehicle Market Overview:

A hybrid vehicle is a vehicle that has more than one mode of propulsion, such as an internal combustion engine and an electric motor. The primary benefit of a hybrid vehicle is that it consumes less fuel and emits less CO2 than regular gasoline and diesel engines. A hybrid vehicle is one that has both a traditional engine and an electric power system. This car employs a number of technologies, including regenerative brakes, which turn kinetic energy into electrical energy. In comparison to other vehicles, a hybrid vehicle employs more than one power source. The most common sort of hybrid car combines the technology of an internal combustion engine with that of an electric motor (ICE).Hybrid Vehicle MarketTo know about the Research Methodology:-Request Free Sample Report 2022’s market size is estimated on real numbers and outputs of the key players and major players across the globe. The past five years' trends are considered while forecasting the market through 2029. 2022 is a year of exception and analysis, especially with the impact of lockdown by region.

Hybrid Vehicle Market Dynamics:

As public awareness of pollution grows, regulatory organizations are enacting more strict emission regulations. As emission regulations tighten, automakers are being driven to build hybrid and electric vehicles. Automobiles that run on gasoline or diesel emit more greenhouse gases than hybrid vehicles. Governments in the United States and Europe are working on lowering emission regulations and boosting automotive fuel economy to minimize greenhouse gas emissions. The US Department of Transportation, for example, created the Corporate Average Fuel Economy (CAFE) requirements for automobiles. The growing demand for battery electric cars (BEVs) and fuel cell electric vehicles will be one of the major challenges for hybrid vehicle proliferation (FCEVs). There are many different models and types of BEVs in the passenger car category, including hatchbacks, sedans, and SUVs. BYD (China), Tesla (USA), and Volkswagen (Germany) are among the automakers that are prioritizing BEV development. FCEVs features a long-range, fast recharging, silent operating, and no greenhouse gas or air pollution emissions. As a result of these benefits, demand for FCEVs is increasing. Also, governments are taking steps to promote and encourage the use of fuel cells in transportation, which could increase the demand for fuel cells in the automotive and transportation sectors. Because of the government initiatives and support, hybrid vehicles provide huge prospects for expansion in emerging country markets (e.g., incentives in sales and manufacturing, tax rebates, and increased focus on deploying hybrid commercial vehicles). Incentives of around USD 446 are available from the Indian government for the purchase of hybrid and electric automobiles in India. By lowering the tax rate on hybrid vehicles such as plug-in hybrids, hybrid electric vehicles, and CNG hybrids, the Brazilian government is encouraging their purchase. Tata Motors has been granted a contract by the Mumbai Metropolitan Region Development Authority (MMRDA) in India to provide 25 Tata Starbus Diesel Series Hybrid Electric Buses. The high cost of hybrid vehicles is a hurdle for the market. The battery is the most important component of a hybrid vehicle, such as a plug-in hybrid vehicle. The battery raises the vehicle's cost, making it more expensive than diesel and gasoline-powered automobiles. The price difference is due to the cost of parts like the battery and the regenerative braking. The cost of batteries, on the other hand, has dropped significantly in recent years. In addition, battery producers are taking steps and doing R&D to reduce the cost of batteries.

Hybrid Vehicle Market Trends:

Governments throughout the world are providing several subsidies (in the form of tax refunds and incentives) to customers who purchase electric and hybrid automobiles. The Chinese government recently announced measures to support the new energy vehicle (NEV) industry, which includes electric vehicles, plug-in hybrid vehicles, and fuel cell vehicles, which were all hit hard by the COVID-19 outbreak, by extending tax exemptions and subsidies that were set to expire by 2022, as well as implying at new investments that could help the country's hybrid electric vehicle market grow in the long run. Due to strict emission regulatory rules and the growing need for low or zero-emission vehicles, demand for hybrid vehicles is increasing in developing countries such as Mexico, India, and Brazil. The Indian government has announced that its acclaimed FAME II scheme will be extended until 2029 to encourage electric mobility across the country. A similarly, the Brazilian government is lowering the tax rate on hybrid vehicles such as plug-in hybrids, hybrid electric vehicles, and CNG hybrids. In the Middle East, electric and hybrid forms of transportation are growing rapidly, especially in Israel, Jordan, Oman, Saudi Arabia, and the United Arab Emirates. Dubai's Roads and Transport Authority, for example, has announced ambitious goals to convert half of the Emirate's taxis to hybrids by 2022. All recent advances in government policies and regulations aimed at encouraging the use of hybrid electric vehicles point to a positive outlook for hybrid vehicle demand over the forecast period.

Hybrid Vehicle Market Segment Analysis:

The hybrid vehicle market has been divided into parallel hybrid and series hybrid based on the kind of electric powertrain. Due to the increasing adoption of regenerative braking technology, the parallel hybrid market is predicted to develop at the quickest revenue CAGR throughout the projection period. A regenerative braking system returns energy to the battery when the brakes are used. As a result, there is less of a requirement for external electric infrastructure. Parallel hybrid powertrain demand will rise due to the use of regenerative braking and the lower cost of micro and mild hybrids compared to PHEVs. Due to its high efficiency for urban driving and ability to run the ICE in a limited rpm range (the most effective), the series hybrid segment is expected to increase at a significant rate throughout the forecast period. The hybrid cars market has been divided into three categories based on propulsion: hybrid electric vehicles (HEV), plug-in hybrid electric vehicles (PHEV), and natural gas vehicles (NGV). Over the forecast period, the hybrid electric vehicles segment is expected to account for a high revenue share of the worldwide hybrid cars market. HEVs are hybrid cars that are powered by both internal combustion engines and electric motors. Hybrid electric car sales have increased significantly in countries such as the United States, China, and Japan. In addition, because hybrid vehicles are less expensive than PHEVs and EVs, people in developing nations such as India, Mexico, and Brazil are using them to comply with increasingly stringent emission regulations. The hybrid vehicles market has been divided into passenger cars and commercial vehicles based on vehicle type. The commercial vehicles category is predicted to rise at a substantial revenue CAGR throughout the forecast period, owing to government initiatives and programmes promoting the hybridization of public vehicles and the use of hybrid heavy-duty vehicles in ground freight operations around the world.

Regional Insights:

According to regional analysis, the market for hybrid cars in Asia-Pacific is expected to grow at the fastest CAGR during the forecast period. Government initiatives to promote the development and sale of environmentally friendly vehicles are boosting the regional market growth. As a result of China's new energy vehicle regulation, the employment of hybrid buses in public transit has increased in recent years. In Asia-Pacific, these factors are projected to drive hybrid vehicle sales. Over the forecast period, revenue growth in the hybrid vehicle market is expected to be significant in North America. Sales of these vehicles in this region have been boosted by state incentives for car purchases and charging infrastructure improvements, as well as parking discounts and fuel savings. Also, strict emission regulations imposed by governments in nations such as the United States and Canada are boosting the market growth in North America. The objective of the report is to present a comprehensive analysis of the Hybrid Vehicle Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear, futuristic view of the industry to the decision-makers. The reports also help in understanding the Hybrid Vehicle Market dynamic and structure by analyzing the market segments and projecting the Hybrid Vehicle Market size. Clear representation of competitive analysis of key players by Design, price, financial position, product portfolio, growth strategies, and regional presence in the Hybrid Vehicle Market make the report investor’s guide.

Hybrid Vehicle Market Scope: Inquire before buying

Hybrid Vehicle Market
Report Coverage Details
Base Year: 2022 Forecast Period: 2023-2029
Historical Data: 2018 to 2022 Market Size in 2022: US $ 418.8 Bn.
Forecast Period 2023 to 2029 CAGR: 28.97% Market Size in 2029: US $ 2486.90 Bn.
Segments Covered: by Electric Powertrain  Type Parallel Hybrid Series Hybrid
by Propulsion HEV PHEV NGV
by Hybridization Full Hybrid Micro- Hybrid Mild Hybrid
by Vehicle Type Passenger Vehicle Commercial Vehicle

Hybrid Vehicle Market by Region :

North America (United States, Canada and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest)

Key Players are:

1.ṢBMW 2.Nissan 3.AVL 4.Plug Power 5.FEV Group 6.MAHLE 7.U.S.A Inc. 8.Ford Motor Company 9.Toyota Motor Sales 10.EP Tender 11.General Motors 12.Nikola Motors 13.AB Volvo 14.Continental AG 15.Ceres Power 16.Wrightspeed Inc. 17.Fagor Ederlan Group 18.Ballard Power Systems 19.Delta Motorsport Ltd. 20.Ashwoods Electric Motors 21.Horizon Fuel Cell Technologies Frequently Asked Questions: 1) What are the key driving factors for the Hybrid Vehicle Market? Ans. The reducing prices of an electric batteries stringent emission & fuel economy laws and increasing adoption of hybrid vehicles are some of the market trends that will help the Hybrid Vehicle Market to grow over the forecast period. 2) Which is the most influencing segment growing in the Hybrid Vehicle Market? Ans. Parallel Hybrid segment is the most influencing segment growing in the Hybrid Vehicle Market 3) Which region has the highest market share in the Hybrid Vehicle Market? Ans. North America held the major market share in 2022. 4) What are the segments considered in the Hybrid Vehicle Market? Ans. Electric Powertrain type, Propulsion, Hybridization, and Vehicle type are the segments considered in the Hybrid Vehicle Market 5) Which are the key players in the Hybrid Vehicle Market? Ans. Toyota, BMW, Nissan, General Motors, Nikola Motors, U.S.A Inc., Ceres Power.
1. Hybrid Vehicle Market Introduction 1.1. Study Assumption and Market Definition 1.2. Scope of the Study 1.3. Executive Summary 2. Hybrid Vehicle Market: Dynamics 2.1. Market Trends by Region 2.1.1. North America 2.1.2. Europe 2.1.3. Asia Pacific 2.1.4. Middle East and Africa 2.1.5. South America 2.2. Market Dynamics by Region 2.2.1. North America 2.2.1.1. Drivers 2.2.1.2. Restraints 2.2.1.3. Opportunities 2.2.1.4. Challenges 2.2.2. Europe 2.2.2.1. Drivers 2.2.2.2. Restraints 2.2.2.3. Opportunities 2.2.2.4. Challenges 2.2.3. Asia Pacific 2.2.3.1. Drivers 2.2.3.2. Restraints 2.2.3.3. Opportunities 2.2.3.4. Challenges 2.2.4. Middle East and Africa 2.2.4.1. Drivers 2.2.4.2. Restraints 2.2.4.3. Opportunities 2.2.4.4. Challenges 2.2.5. South America 2.2.5.1. Drivers 2.2.5.2. Restraints 2.2.5.3. Opportunities 2.2.5.4. Challenges 2.3. PORTER’s Five Forces Analysis 2.4. PESTLE Analysis 2.5. Technological Advancement 2.6. Value Chain Analysis 2.7. Technological Roadmap 2.8. Regulatory Landscape by Region 2.8.1. North America 2.8.2. Europe 2.8.3. Asia Pacific 2.8.4. Middle East and Africa 2.8.5. South America 2.9. Analysis of Government Schemes and Initiatives For Hybrid Vehicle Industry 2.10. Key Opinion Leader Analysis 2.11. The Global Pandemic Impact on Hybrid Vehicle Market 3. Hybrid Vehicle Market: Global Market Size and Forecast by Segmentation (by Value in USD Million) (2023-2030) 3.1. Hybrid Vehicle Market Size and Forecast, By Electric Powertrain Type (2023-2030) 3.1.1. Parallel Hybrid 3.1.2. Series Hybrid 3.2. Hybrid Vehicle Market Size and Forecast, By Propulsion (2023-2030) 3.2.1. HEV 3.2.2. PHEV 3.2.3. NGV 3.3. Hybrid Vehicle Market Size and Forecast, By Hybridization (2023-2030) 3.3.1. Full Hybrid 3.3.2. Micro- Hybrid 3.3.3. Mild Hybrid 3.4. Hybrid Vehicle Market Size and Forecast, By Vehicle Type (2023-2030) 3.4.1. Passenger Vehicle 3.4.2. Commercial Vehicle 3.5. Hybrid Vehicle Market Size and Forecast, By Region (2023-2030) 3.5.1. North America 3.5.2. Europe 3.5.3. Asia Pacific 3.5.4. Middle East and Africa 3.5.5. South America 4. North America Hybrid Vehicle Market Size and Forecast by Segmentation (by Value in USD Million) (2023-2030) 4.1. North America Hybrid Vehicle Market Size and Forecast, By Electric Powertrain Type (2023-2030) 4.1.1. Parallel Hybrid 4.1.2. Series Hybrid 4.2. North America Hybrid Vehicle Market Size and Forecast, By Propulsion (2023-2030) 4.2.1. HEV 4.2.2. PHEV 4.2.3. NGV 4.3. North America Hybrid Vehicle Market Size and Forecast, By Hybridization (2023-2030) 4.3.1. Full Hybrid 4.3.2. Micro- Hybrid 4.3.3. Mild Hybrid 4.4. North America Hybrid Vehicle Market Size and Forecast, By Vehicle Type (2023-2030) 4.4.1. Passenger Vehicle 4.4.2. Commercial Vehicle 4.5. North America Hybrid Vehicle Market Size and Forecast, by Country (2023-2030) 4.5.1. United States 4.5.1.1. United States Hybrid Vehicle Market Size and Forecast, By Electric Powertrain Type (2023-2030) 4.5.1.1.1. Parallel Hybrid 4.5.1.1.2. Series Hybrid 4.5.1.2. United States Hybrid Vehicle Market Size and Forecast, By Propulsion (2023-2030) 4.5.1.2.1. HEV 4.5.1.2.2. PHEV 4.5.1.2.3. NGV 4.5.1.3. United States Hybrid Vehicle Market Size and Forecast, By Hybridization (2023-2030) 4.5.1.3.1. Full Hybrid 4.5.1.3.2. Micro- Hybrid 4.5.1.3.3. Mild Hybrid 4.5.1.4. United States Hybrid Vehicle Market Size and Forecast, By Vehicle Type (2023-2030) 4.5.1.4.1. Passenger Vehicle 4.5.1.4.2. Commercial Vehicle 4.5.2. Canada 4.5.2.1. Canada Hybrid Vehicle Market Size and Forecast, By Electric Powertrain Type (2023-2030) 4.5.2.1.1. Parallel Hybrid 4.5.2.1.2. Series Hybrid 4.5.2.2. Canada Hybrid Vehicle Market Size and Forecast, By Propulsion (2023-2030) 4.5.2.2.1. HEV 4.5.2.2.2. PHEV 4.5.2.2.3. NGV 4.5.2.3. Canada Hybrid Vehicle Market Size and Forecast, By Hybridization (2023-2030) 4.5.2.3.1. Full Hybrid 4.5.2.3.2. Micro- Hybrid 4.5.2.3.3. Mild Hybrid 4.5.2.4. Canada Hybrid Vehicle Market Size and Forecast, By Vehicle Type (2023-2030) 4.5.2.4.1. Passenger Vehicle 4.5.2.4.2. Commercial Vehicle 4.5.2.4.3. Automotive 4.5.3. Mexico 4.5.3.1. Mexico Hybrid Vehicle Market Size and Forecast, By Electric Powertrain Type (2023-2030) 4.5.3.1.1. Parallel Hybrid 4.5.3.1.2. Series Hybrid 4.5.3.2. Mexico Hybrid Vehicle Market Size and Forecast, By Propulsion (2023-2030) 4.5.3.2.1. HEV 4.5.3.2.2. PHEV 4.5.3.2.3. NGV 4.5.3.3. Mexico Hybrid Vehicle Market Size and Forecast, By Hybridization (2023-2030) 4.5.3.3.1. Full Hybrid 4.5.3.3.2. Micro- Hybrid 4.5.3.3.3. Mild Hybrid 4.5.3.4. Mexico Hybrid Vehicle Market Size and Forecast, By Vehicle Type (2023-2030) 4.5.3.4.1. Passenger Vehicle 4.5.3.4.2. Commercial Vehicle 5. Europe Hybrid Vehicle Market Size and Forecast by Segmentation by Demand and Supply Side (by Value in USD Million) (2023-2030) 5.1. Europe Hybrid Vehicle Market Size and Forecast, By Electric Powertrain Type (2023-2030) 5.2. Europe Hybrid Vehicle Market Size and Forecast, By Propulsion (2023-2030) 5.3. Europe Hybrid Vehicle Market Size and Forecast, By Hybridization (2023-2030) 5.4. Europe Hybrid Vehicle Market Size and Forecast, By Vehicle Type (2023-2030) 5.5. Europe Hybrid Vehicle Market Size and Forecast, by Country (2023-2030) 5.5.1. United Kingdom 5.5.1.1. United Kingdom Hybrid Vehicle Market Size and Forecast, By Electric Powertrain Type (2023-2030) 5.5.1.2. United Kingdom Hybrid Vehicle Market Size and Forecast, By Propulsion (2023-2030) 5.5.1.3. United Kingdom Hybrid Vehicle Market Size and Forecast, By Hybridization (2023-2030) 5.5.1.4. United Kingdom Hybrid Vehicle Market Size and Forecast, By Vehicle Type (2023-2030) 5.5.2. France 5.5.2.1. France Hybrid Vehicle Market Size and Forecast, By Electric Powertrain Type (2023-2030) 5.5.2.2. France Hybrid Vehicle Market Size and Forecast, By Propulsion (2023-2030) 5.5.2.3. France Hybrid Vehicle Market Size and Forecast, By Hybridization (2023-2030) 5.5.2.4. France Hybrid Vehicle Market Size and Forecast, By Vehicle Type (2023-2030) 5.5.3. Germany 5.5.3.1. Germany Hybrid Vehicle Market Size and Forecast, By Electric Powertrain Type (2023-2030) 5.5.3.2. Germany Hybrid Vehicle Market Size and Forecast, By Propulsion (2023-2030) 5.5.3.3. Germany Hybrid Vehicle Market Size and Forecast, By Hybridization (2023-2030) 5.5.3.4. Germany Hybrid Vehicle Market Size and Forecast, By Vehicle Type (2023-2030) 5.5.4. Italy 5.5.4.1. Italy Hybrid Vehicle Market Size and Forecast, By Electric Powertrain Type (2023-2030) 5.5.4.2. Italy Hybrid Vehicle Market Size and Forecast, By Propulsion (2023-2030) 5.5.4.3. Italy Hybrid Vehicle Market Size and Forecast, By Hybridization (2023-2030) 5.5.4.4. Italy Hybrid Vehicle Market Size and Forecast, By Vehicle Type (2023-2030) 5.5.5. Spain 5.5.5.1. Spain Hybrid Vehicle Market Size and Forecast, By Electric Powertrain Type (2023-2030) 5.5.5.2. Spain Hybrid Vehicle Market Size and Forecast, By Propulsion (2023-2030) 5.5.5.3. Spain Hybrid Vehicle Market Size and Forecast, By Hybridization (2023-2030) 5.5.5.4. Spain Hybrid Vehicle Market Size and Forecast, By Vehicle Type (2023-2030) 5.5.6. Sweden 5.5.6.1. Sweden Hybrid Vehicle Market Size and Forecast, By Electric Powertrain Type (2023-2030) 5.5.6.2. Sweden Hybrid Vehicle Market Size and Forecast, By Propulsion (2023-2030) 5.5.6.3. Sweden Hybrid Vehicle Market Size and Forecast, By Hybridization (2023-2030) 5.5.6.4. Sweden Hybrid Vehicle Market Size and Forecast, By Vehicle Type (2023-2030) 5.5.7. Austria 5.5.7.1. Austria Hybrid Vehicle Market Size and Forecast, By Electric Powertrain Type (2023-2030) 5.5.7.2. Austria Hybrid Vehicle Market Size and Forecast, By Propulsion (2023-2030) 5.5.7.3. Austria Hybrid Vehicle Market Size and Forecast, By Hybridization (2023-2030) 5.5.7.4. Austria Hybrid Vehicle Market Size and Forecast, By Vehicle Type (2023-2030) 5.5.8. Rest of Europe 5.5.8.1. Rest of Europe Hybrid Vehicle Market Size and Forecast, By Electric Powertrain Type (2023-2030) 5.5.8.2. Rest of Europe Hybrid Vehicle Market Size and Forecast, By Propulsion (2023-2030) 5.5.8.3. Rest of Europe Hybrid Vehicle Market Size and Forecast, By Hybridization (2023-2030) 5.5.8.4. Rest of Europe Hybrid Vehicle Market Size and Forecast, By Vehicle Type (2023-2030) 6. Asia Pacific Hybrid Vehicle Market Size and Forecast by Segmentation by Demand and Supply Side (by Value in USD Million) (2023-2030) 6.1. Asia Pacific Hybrid Vehicle Market Size and Forecast, By Electric Powertrain Type (2023-2030) 6.2. Asia Pacific Hybrid Vehicle Market Size and Forecast, By Propulsion (2023-2030) 6.3. Asia Pacific Hybrid Vehicle Market Size and Forecast, By Hybridization (2023-2030) 6.4. Asia Pacific Hybrid Vehicle Market Size and Forecast, By Vehicle Type (2023-2030) 6.5. Asia Pacific Hybrid Vehicle Market Size and Forecast, by Country (2023-2030) 6.5.1. China 6.5.1.1. China Hybrid Vehicle Market Size and Forecast, By Electric Powertrain Type (2023-2030) 6.5.1.2. China Hybrid Vehicle Market Size and Forecast, By Propulsion (2023-2030) 6.5.1.3. China Hybrid Vehicle Market Size and Forecast, By Hybridization (2023-2030) 6.5.1.4. China Hybrid Vehicle Market Size and Forecast, By Vehicle Type (2023-2030) 6.5.2. S Korea 6.5.2.1. S Korea Hybrid Vehicle Market Size and Forecast, By Electric Powertrain Type (2023-2030) 6.5.2.2. S Korea Hybrid Vehicle Market Size and Forecast, By Propulsion (2023-2030) 6.5.2.3. S Korea Hybrid Vehicle Market Size and Forecast, By Hybridization (2023-2030) 6.5.2.4. S Korea Hybrid Vehicle Market Size and Forecast, By Vehicle Type (2023-2030) 6.5.3. Japan 6.5.3.1. Japan Hybrid Vehicle Market Size and Forecast, By Electric Powertrain Type (2023-2030) 6.5.3.2. Japan Hybrid Vehicle Market Size and Forecast, By Propulsion (2023-2030) 6.5.3.3. Japan Hybrid Vehicle Market Size and Forecast, By Hybridization (2023-2030) 6.5.3.4. Japan Hybrid Vehicle Market Size and Forecast, By Vehicle Type (2023-2030) 6.5.4. India 6.5.4.1. India Hybrid Vehicle Market Size and Forecast, By Electric Powertrain Type (2023-2030) 6.5.4.2. India Hybrid Vehicle Market Size and Forecast, By Propulsion (2023-2030) 6.5.4.3. India Hybrid Vehicle Market Size and Forecast, By Hybridization (2023-2030) 6.5.4.4. India Hybrid Vehicle Market Size and Forecast, By Vehicle Type (2023-2030) 6.5.5. Australia 6.5.5.1. Australia Hybrid Vehicle Market Size and Forecast, By Electric Powertrain Type (2023-2030) 6.5.5.2. Australia Hybrid Vehicle Market Size and Forecast, By Propulsion (2023-2030) 6.5.5.3. Australia Hybrid Vehicle Market Size and Forecast, By Hybridization (2023-2030) 6.5.5.4. Australia Hybrid Vehicle Market Size and Forecast, By Vehicle Type (2023-2030) 6.5.6. Indonesia 6.5.6.1. Indonesia Hybrid Vehicle Market Size and Forecast, By Electric Powertrain Type (2023-2030) 6.5.6.2. Indonesia Hybrid Vehicle Market Size and Forecast, By Propulsion (2023-2030) 6.5.6.3. Indonesia Hybrid Vehicle Market Size and Forecast, By Hybridization (2023-2030) 6.5.6.4. Indonesia Hybrid Vehicle Market Size and Forecast, By Vehicle Type (2023-2030) 6.5.7. Malaysia 6.5.7.1. Malaysia Hybrid Vehicle Market Size and Forecast, By Electric Powertrain Type (2023-2030) 6.5.7.2. Malaysia Hybrid Vehicle Market Size and Forecast, By Propulsion (2023-2030) 6.5.7.3. Malaysia Hybrid Vehicle Market Size and Forecast, By Hybridization (2023-2030) 6.5.7.4. Malaysia Hybrid Vehicle Market Size and Forecast, By Vehicle Type (2023-2030) 6.5.8. Vietnam 6.5.8.1. Vietnam Hybrid Vehicle Market Size and Forecast, By Electric Powertrain Type (2023-2030) 6.5.8.2. Vietnam Hybrid Vehicle Market Size and Forecast, By Propulsion (2023-2030) 6.5.8.3. Vietnam Hybrid Vehicle Market Size and Forecast, By Hybridization (2023-2030) 6.5.8.4. Vietnam Hybrid Vehicle Market Size and Forecast, By Vehicle Type (2023-2030) 6.5.9. Taiwan 6.5.9.1. Taiwan Hybrid Vehicle Market Size and Forecast, By Electric Powertrain Type (2023-2030) 6.5.9.2. Taiwan Hybrid Vehicle Market Size and Forecast, By Propulsion (2023-2030) 6.5.9.3. Taiwan Hybrid Vehicle Market Size and Forecast, By Hybridization (2023-2030) 6.5.9.4. Taiwan Hybrid Vehicle Market Size and Forecast, By Vehicle Type (2023-2030) 6.5.10. Rest of Asia Pacific 6.5.10.1. Rest of Asia Pacific Hybrid Vehicle Market Size and Forecast, By Electric Powertrain Type (2023-2030) 6.5.10.2. Rest of Asia Pacific Hybrid Vehicle Market Size and Forecast, By Propulsion (2023-2030) 6.5.10.3. Rest of Asia Pacific Hybrid Vehicle Market Size and Forecast, By Hybridization (2023-2030) 6.5.10.4. Rest of Asia Pacific Hybrid Vehicle Market Size and Forecast, By Vehicle Type (2023-2030) 7. Middle East and Africa Hybrid Vehicle Market Size and Forecast by Segmentation by Demand and Supply Side (by Value in USD Million) (2022-2029 7.1. Middle East and Africa Hybrid Vehicle Market Size and Forecast, By Electric Powertrain Type (2023-2030) 7.2. Middle East and Africa Hybrid Vehicle Market Size and Forecast, By Propulsion (2023-2030) 7.3. Middle East and Africa Hybrid Vehicle Market Size and Forecast, By Hybridization (2023-2030) 7.4. Middle East and Africa Hybrid Vehicle Market Size and Forecast, By Vehicle Type (2023-2030) 7.5. Middle East and Africa Hybrid Vehicle Market Size and Forecast, by Country (2023-2030) 7.5.1. South Africa 7.5.1.1. South Africa Hybrid Vehicle Market Size and Forecast, By Electric Powertrain Type (2023-2030) 7.5.1.2. South Africa Hybrid Vehicle Market Size and Forecast, By Propulsion (2023-2030) 7.5.1.3. South Africa Hybrid Vehicle Market Size and Forecast, By Hybridization (2023-2030) 7.5.1.4. South Africa Hybrid Vehicle Market Size and Forecast, By Vehicle Type (2023-2030) 7.5.2. GCC 7.5.2.1. GCC Hybrid Vehicle Market Size and Forecast, By Electric Powertrain Type (2023-2030) 7.5.2.2. GCC Hybrid Vehicle Market Size and Forecast, By Propulsion (2023-2030) 7.5.2.3. GCC Hybrid Vehicle Market Size and Forecast, By Hybridization (2023-2030) 7.5.2.4. GCC Hybrid Vehicle Market Size and Forecast, By Vehicle Type (2023-2030) 7.5.3. Nigeria 7.5.3.1. Nigeria Hybrid Vehicle Market Size and Forecast, By Electric Powertrain Type (2023-2030) 7.5.3.2. Nigeria Hybrid Vehicle Market Size and Forecast, By Propulsion (2023-2030) 7.5.3.3. Nigeria Hybrid Vehicle Market Size and Forecast, By Hybridization (2023-2030) 7.5.3.4. Nigeria Hybrid Vehicle Market Size and Forecast, By Vehicle Type (2023-2030) 7.5.4. Rest of ME&A 7.5.4.1. Rest of ME&A Hybrid Vehicle Market Size and Forecast, By Electric Powertrain Type (2023-2030) 7.5.4.2. Rest of ME&A Hybrid Vehicle Market Size and Forecast, By Propulsion (2023-2030) 7.5.4.3. Rest of ME&A Hybrid Vehicle Market Size and Forecast, By Hybridization (2023-2030) 7.5.4.4. Rest of ME&A Hybrid Vehicle Market Size and Forecast, By Vehicle Type (2023-2030) 8. South America Hybrid Vehicle Market Size and Forecast by Segmentation by Demand and Supply Side (by Value in USD Million) (2022-2029 8.1. South America Hybrid Vehicle Market Size and Forecast, By Electric Powertrain Type (2023-2030) 8.2. South America Hybrid Vehicle Market Size and Forecast, By Propulsion (2023-2030) 8.3. South America Hybrid Vehicle Market Size and Forecast, By Hybridization (2023-2030) 8.4. South America Hybrid Vehicle Market Size and Forecast, By Vehicle Type (2023-2030) 8.5. South America Hybrid Vehicle Market Size and Forecast, by Country (2023-2030) 8.5.1. Brazil 8.5.1.1. Brazil Hybrid Vehicle Market Size and Forecast, By Electric Powertrain Type (2023-2030) 8.5.1.2. Brazil Hybrid Vehicle Market Size and Forecast, By Propulsion (2023-2030) 8.5.1.3. Brazil Hybrid Vehicle Market Size and Forecast, By Hybridization (2023-2030) 8.5.1.4. Brazil Hybrid Vehicle Market Size and Forecast, By Vehicle Type (2023-2030) 8.5.2. Argentina 8.5.2.1. Argentina Hybrid Vehicle Market Size and Forecast, By Electric Powertrain Type (2023-2030) 8.5.2.2. Argentina Hybrid Vehicle Market Size and Forecast, By Propulsion (2023-2030) 8.5.2.3. Argentina Hybrid Vehicle Market Size and Forecast, By Hybridization (2023-2030) 8.5.2.4. Argentina Hybrid Vehicle Market Size and Forecast, By Vehicle Type (2023-2030) 8.5.3. Rest Of South America 8.5.3.1. Rest Of South America Hybrid Vehicle Market Size and Forecast, By Electric Powertrain Type (2023-2030) 8.5.3.2. Rest Of South America Hybrid Vehicle Market Size and Forecast, By Propulsion (2023-2030) 8.5.3.3. Rest Of South America Hybrid Vehicle Market Size and Forecast, By Hybridization (2023-2030) 8.5.3.4. Rest Of South America Hybrid Vehicle Market Size and Forecast, By Vehicle Type (2023-2030) 9. Global Hybrid Vehicle Market: Competitive Landscape 9.1. MMR Competition Matrix 9.2. Competitive Landscape 9.3. Key Players Benchmarking 9.3.1. Company Name 9.3.2. Service Segment 9.3.3. End-user Segment 9.3.4. Revenue (2023) 9.3.5. Manufacturing Locations 9.4. Leading Hybrid Vehicle Market Companies, by Market Capitalization 9.5. Market Structure 9.5.1. Market Leaders 9.5.2. Market Followers 9.5.3. Emerging Players 9.6. Mergers and Acquisitions Details 10. Company Profile: Key Players 10.1. ṢBMW 10.1.1. Company Overview 10.1.2. Business Portfolio 10.1.3. Financial Overview 10.1.4. SWOT Analysis 10.1.5. Strategic Analysis 10.1.6. Recent Developments 10.2. Nissan 10.3. AVL 10.4. Plug Power 10.5. FEV Group 10.6. MAHLE 10.7. U.S.A Inc. 10.8. Ford Motor Company 10.9. Toyota Motor Sales 10.10. EP Tender 10.11. General Motors 10.12. Nikola Motors 10.13. AB Volvo 10.14. Continental AG 10.15. Ceres Power 10.16. Wrightspeed Inc. 10.17. Fagor Ederlan Group 10.18. Ballard Power Systems 10.19. Delta Motorsport Ltd. 10.20. Ashwoods Electric Motors 10.21. Horizon Fuel Cell Technologies 11. Key Findings 12. Industry Recommendations 13. Hybrid Vehicle Market: Research Methodology.

About This Report

Report ID 16940
Category Automotive and Transportation
Published Date DEC 2023
Updated Date
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