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

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

The parallel hybrid system is a vehicle power system that comprehensively utilizes the power of the internal combustion engine and the electric motor. Its core concept is to use the internal combustion engine and the electric motor at the same time during the vehicle driving process, and to combine their power and torque output in a timely manner according to actual needs to improve the fuel economy of the vehicle, reduce exhaust emissions, enhance power performance, and improve vehicle driving comfort. In this system, the internal combustion engine is responsible for the traditional power output, while the electric motor provides auxiliary power through the electric energy stored in the battery, and can independently drive the vehicle under certain circumstances. In addition, the parallel hybrid system also uses energy recovery technology, such as the brake energy recovery system, to convert the kinetic energy generated during braking into electrical energy for storage and use it to drive the electric motor, further improving energy utilization efficiency. This system is not only suitable for traditional gasoline vehicles, but is also widely used in plug-in hybrid models, allowing the car to better meet the requirements of environmental protection and energy saving while meeting the power requirements.

According to our (Global Info Research) latest study, the global Parallel Hybrid System 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 System 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 System market size and forecasts, in consumption value ($ Million), sales quantity (Units), and average selling prices (US$/Unit), 2019-2030

Global Parallel Hybrid System 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 System 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 System 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 System

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 System 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 Magna, Honda, Toyota, General Motors, Volvo, ZF Friedrichshafen, Hyundai, BYD, Guangzhou Automobile Industry Grou, etc.

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

Market Segmentation

Parallel Hybrid System 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
PHEV
Mild Hybrid

Market segment by Application
Commercial Vehicles
Passenger Vehicles

Major players covered
Magna
Honda
Toyota
General Motors
Volvo
ZF Friedrichshafen
Hyundai
BYD
Guangzhou Automobile Industry Grou

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 System product scope, market overview, market estimation caveats and base year.

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

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

Chapter 4, the Parallel Hybrid System 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 System 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 System.

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