Global Parallel Hybrid Electric Vehicle Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global Parallel Hybrid Electric Vehicle Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

A parallel hybrid vehicle is a vehicle that combines an internal combustion engine and an electric motor, by configuring the two power sources in parallel so that they can work independently or in tandem to power the vehicle. This system design allows the vehicle to run primarily on the electric motor at low speeds or when starting, resulting in zero emissions and quiet driving, while the internal combustion engine intervenes at high speeds or when accelerating to provide additional power to improve overall performance. In addition, the electric motor can also recover kinetic energy during deceleration or braking, converting it into electrical energy and storing it in the battery, thereby improving energy efficiency.

According to our (Global Info Research) latest study, the global Parallel Hybrid Electric Vehicle market size was valued at US$ million in 2023 and is forecast to a readjusted size of USD million by 2030 with a CAGR of %during review period.

This report is a detailed and comprehensive analysis for global Parallel Hybrid Electric Vehicle market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.

Key Features:

Global Parallel Hybrid Electric Vehicle market size and forecasts, in consumption value ($ Million), sales quantity (Units), and average selling prices (US$/Unit), 2019-2030

Global Parallel Hybrid Electric Vehicle market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Units), and average selling prices (US$/Unit), 2019-2030

Global Parallel Hybrid Electric Vehicle market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Units), and average selling prices (US$/Unit), 2019-2030

Global Parallel Hybrid Electric Vehicle market shares of main players, shipments in revenue ($ Million), sales quantity (Units), and ASP (US$/Unit), 2019-2024

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Parallel Hybrid Electric Vehicle

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Parallel Hybrid Electric Vehicle market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Honda, Toyota, General Motors, Hyundai, Volvo, KIA, Volkswagen, Mercedes-benz, BMW, Guangzhou Automobile Industry Group, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market Segmentation

Parallel Hybrid Electric Vehicle market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
Mild Hybrid Vehicles
Plug-in Hybrid Electric Vehicles

Market segment by Application
Commercial Vehicles
Passenger Vehicles

Major players covered
Honda
Toyota
General Motors
Hyundai
Volvo
KIA
Volkswagen
Mercedes-benz
BMW
Guangzhou Automobile Industry Group
BYD
Geely Automobile Holdings

Market segment by region, regional analysis covers

North America (United States, Canada, and Mexico)

Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

South America (Brazil, Argentina, Colombia, and Rest of South America)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Parallel Hybrid Electric Vehicle product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Parallel Hybrid Electric Vehicle, with price, sales quantity, revenue, and global market share of Parallel Hybrid Electric Vehicle from 2019 to 2024.

Chapter 3, the Parallel Hybrid Electric Vehicle competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Parallel Hybrid Electric Vehicle breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2019 to 2030.

Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2019 to 2030.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2019 to 2024.and Parallel Hybrid Electric Vehicle market forecast, by regions, by Type, and by Application, with sales and revenue, from 2025 to 2030.

Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Parallel Hybrid Electric Vehicle.

Chapter 14 and 15, to describe Parallel Hybrid Electric Vehicle sales channel, distributors, customers, research findings and conclusion.