Hybrid Vehicle Market by Electric Powertrain (Parallel Hybrid, Series Hybrid), Propulsion (HEV, NGV, PHEV), Degree of Hybridization, Component, Vehicle - Global Forecast 2024-2030

Hybrid Vehicle Market by Electric Powertrain (Parallel Hybrid, Series Hybrid), Propulsion (HEV, NGV, PHEV), Degree of Hybridization, Component, Vehicle - Global Forecast 2024-2030


The Hybrid Vehicle Market size was estimated at USD 166.31 billion in 2023 and expected to reach USD 176.20 billion in 2024, at a CAGR 6.04% to reach USD 250.76 billion by 2030.

Global Hybrid Vehicle Market

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Hybrid Vehicle Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Hybrid Vehicle Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Hybrid Vehicle Market, highlighting leading vendors and their innovative profiles. These include Bayerische Motoren Werke AG, Ford Motor Company, Honda Motor Company, Ltd., Hyundai Motor Company, Kia Motors Corporation, Magna International Inc., Mercedes-Benz Group AG, Mitsubishi Motors Corporation, Renault Group, Suzuki Motor Corporation, Tata Motors Limited, Toyota Motor Corporation, Volkswagen Group, Volvo Car Corporation, and ZF Friedrichshafen AG.

Market Segmentation & Coverage

This research report categorizes the Hybrid Vehicle Market to forecast the revenues and analyze trends in each of the following sub-markets:

Electric Powertrain
Parallel Hybrid

Series Hybrid

Propulsion
HEV

NGV

PHEV

Degree of Hybridization
Full Hybrid Vehicle

Micro Hybrid

Mild Hybrid

Component
Battery

Electric Motor
DC/AC Converter

DC/DC Converter

Transmission

Vehicle
Commercial Vehicle

Passenger Car

Region
Americas
Argentina

Brazil

Canada

Mexico

United States
California

Florida

Illinois

New York

Ohio

Pennsylvania

Texas

Asia-Pacific
Australia

China

India

Indonesia

Japan

Malaysia

Philippines

Singapore

South Korea

Taiwan

Thailand

Vietnam

Europe, Middle East & Africa
Denmark

Egypt

Finland

France

Germany

Israel

Italy

Netherlands

Nigeria

Norway

Poland

Qatar

Russia

Saudi Arabia

South Africa

Spain

Sweden

Switzerland

Turkey

United Arab Emirates

United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.
2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Hybrid Vehicle Market?
2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Hybrid Vehicle Market?
3. What are the technology trends and regulatory frameworks in the Hybrid Vehicle Market?
4. What is the market share of the leading vendors in the Hybrid Vehicle Market?
5. Which modes and strategic moves are suitable for entering the Hybrid Vehicle Market?

Note: PDF & Excel + Online Access - 1 Year


1. Preface
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders
2. Research Methodology
2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update
3. Executive Summary
4. Market Overview
4.1. Introduction
4.2. Hybrid Vehicle Market, by Region
5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.1.1. Rising environmental pollution levels due to emission of green-house gasses
5.1.1.2. Government subsidiaries, purchase grants and tax rebates for hybrid vehicles
5.1.1.3. Stringent emission regulation standards and the growing demand for emission-less vehicles
5.1.2. Restraints
5.1.2.1. High cost of hybrid vehicles and lack of charging infrastructure
5.1.3. Opportunities
5.1.3.1. Rising investments for improvements in hybrid vehicles
5.1.3.2. Increasing commercialization of biofuels
5.1.4. Challenges
5.1.4.1. Complex maintenance and repair
5.2. Market Segmentation Analysis
5.3. Market Trend Analysis
5.4. Cumulative Impact of High Inflation
5.5. Porter’s Five Forces Analysis
5.5.1. Threat of New Entrants
5.5.2. Threat of Substitutes
5.5.3. Bargaining Power of Customers
5.5.4. Bargaining Power of Suppliers
5.5.5. Industry Rivalry
5.6. Value Chain & Critical Path Analysis
5.7. Regulatory Framework
6. Hybrid Vehicle Market, by Electric Powertrain
6.1. Introduction
6.2. Parallel Hybrid
6.3. Series Hybrid
7. Hybrid Vehicle Market, by Propulsion
7.1. Introduction
7.2. HEV
7.3. NGV
7.4. PHEV
8. Hybrid Vehicle Market, by Degree of Hybridization
8.1. Introduction
8.2. Full Hybrid Vehicle
8.3. Micro Hybrid
8.4. Mild Hybrid
9. Hybrid Vehicle Market, by Component
9.1. Introduction
9.2. Battery
9.3. Electric Motor
9.4.1. DC/AC Converter
9.4.2. DC/DC Converter
9.4. Transmission
10. Hybrid Vehicle Market, by Vehicle
10.1. Introduction
10.2. Commercial Vehicle
10.3. Passenger Car
11. Americas Hybrid Vehicle Market
11.1. Introduction
11.2. Argentina
11.3. Brazil
11.4. Canada
11.5. Mexico
11.6. United States
12. Asia-Pacific Hybrid Vehicle Market
12.1. Introduction
12.2. Australia
12.3. China
12.4. India
12.5. Indonesia
12.6. Japan
12.7. Malaysia
12.8. Philippines
12.9. Singapore
12.
10. South Korea
12.
11. Taiwan
12.
12. Thailand
12.
13. Vietnam
13. Europe, Middle East & Africa Hybrid Vehicle Market
13.1. Introduction
13.2. Denmark
13.3. Egypt
13.4. Finland
13.5. France
13.6. Germany
13.7. Israel
13.8. Italy
13.9. Netherlands
13.
10. Nigeria
13.
11. Norway
13.
12. Poland
13.
13. Qatar
13.
14. Russia
13.
15. Saudi Arabia
13.
16. South Africa
13.
17. Spain
13.
18. Sweden
13.
19. Switzerland
13.
20. Turkey
13.
21. United Arab Emirates
13.
22. United Kingdom
14. Competitive Landscape
14.1. FPNV Positioning Matrix
14.2. Market Share Analysis, By Key Player
14.3. Competitive Scenario Analysis, By Key Player
15. Competitive Portfolio
15.1. Key Company Profiles
15.1.1. Bayerische Motoren Werke AG
15.1.2. Ford Motor Company
15.1.3. Honda Motor Company, Ltd.
15.1.4. Hyundai Motor Company
15.1.5. Kia Motors Corporation
15.1.6. Magna International Inc.
15.1.7. Mercedes-Benz Group AG
15.1.8. Mitsubishi Motors Corporation
15.1.9. Renault Group
15.1.
10. Suzuki Motor Corporation
15.1.
11. Tata Motors Limited
15.1.
12. Toyota Motor Corporation
15.1.
13. Volkswagen Group
15.1.
14. Volvo Car Corporation
15.1.
15. ZF Friedrichshafen AG
15.2. Key Product Portfolio
16. Appendix
16.1. Discussion Guide
16.2. License & Pricing
FIGURE 1. HYBRID VEHICLE MARKET RESEARCH PROCESS
FIGURE 2. HYBRID VEHICLE MARKET SIZE, 2023 VS 2030
FIGURE 3. HYBRID VEHICLE MARKET SIZE, 2018-2030 (USD MILLION)
FIGURE 4. HYBRID VEHICLE MARKET SIZE, BY REGION, 2023 VS 2030 (%)
FIGURE 5. HYBRID VEHICLE MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 6. HYBRID VEHICLE MARKET DYNAMICS
FIGURE 7. HYBRID VEHICLE MARKET SIZE, BY ELECTRIC POWERTRAIN, 2023 VS 2030 (%)
FIGURE 8. HYBRID VEHICLE MARKET SIZE, BY ELECTRIC POWERTRAIN, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 9. HYBRID VEHICLE MARKET SIZE, BY PROPULSION, 2023 VS 2030 (%)
FIGURE 10. HYBRID VEHICLE MARKET SIZE, BY PROPULSION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 11. HYBRID VEHICLE MARKET SIZE, BY DEGREE OF HYBRIDIZATION, 2023 VS 2030 (%)
FIGURE 12. HYBRID VEHICLE MARKET SIZE, BY DEGREE OF HYBRIDIZATION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 13. HYBRID VEHICLE MARKET SIZE, BY COMPONENT, 2023 VS 2030 (%)
FIGURE 14. HYBRID VEHICLE MARKET SIZE, BY COMPONENT, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 15. HYBRID VEHICLE MARKET SIZE, BY VEHICLE, 2023 VS 2030 (%)
FIGURE 16. HYBRID VEHICLE MARKET SIZE, BY VEHICLE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 17. AMERICAS HYBRID VEHICLE MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 18. AMERICAS HYBRID VEHICLE MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 19. UNITED STATES HYBRID VEHICLE MARKET SIZE, BY STATE, 2023 VS 2030 (%)
FIGURE 20. UNITED STATES HYBRID VEHICLE MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 21. ASIA-PACIFIC HYBRID VEHICLE MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 22. ASIA-PACIFIC HYBRID VEHICLE MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 23. EUROPE, MIDDLE EAST & AFRICA HYBRID VEHICLE MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 24. EUROPE, MIDDLE EAST & AFRICA HYBRID VEHICLE MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 25. HYBRID VEHICLE MARKET, FPNV POSITIONING MATRIX, 2023
FIGURE 26. HYBRID VEHICLE MARKET SHARE, BY KEY PLAYER, 2023

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