Global Hybrid and Electric Car Market Growth 2023-2029

Global Hybrid and Electric Car Market Growth 2023-2029

A Hybrid and Electric Car is a type of hybrid vehicle that combines a conventional internal combustion engine (ICE) system with an electric propulsion system (hybrid vehicle drivetrain). 

LPI (LP Information)' newest research report, the “Hybrid and Electric Car Industry Forecast” looks at past sales and reviews total world Hybrid and Electric Car sales in 2022, providing a comprehensive analysis by region and market sector of projected Hybrid and Electric Car sales for 2023 through 2029. With Hybrid and Electric Car sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Hybrid and Electric Car industry.

This Insight Report provides a comprehensive analysis of the global Hybrid and Electric Car landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Hybrid and Electric Car portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Hybrid and Electric Car market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Hybrid and Electric Car and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Hybrid and Electric Car.

The global Hybrid and Electric Car market size is projected to grow from US$ 214170 million in 2022 to US$ 1045240 million in 2029; it is expected to grow at a CAGR of 1045240 from 2023 to 2029.

United States market for Hybrid and Electric Car is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

China market for Hybrid and Electric Car is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Europe market for Hybrid and Electric Car is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Global key Hybrid and Electric Car players cover Continental, Magna, ATS Automation, Magtec, DENSO, BOSCH, Allison, Aptiv and Mahindra Electric, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.

This report presents a comprehensive overview, market shares, and growth opportunities of Hybrid and Electric Car market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Extended Hybrid and Electric Car
Parallel Hybrid and Electric Car
Mixed Hybrid and Electric Car

Segmentation by application
Passenger Cars
Light Commercial Vehicles
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Continental
Magna
ATS Automation
Magtec
DENSO
BOSCH
Allison
Aptiv
Mahindra Electric
Hitachi

Key Questions Addressed in this Report

What is the 10-year outlook for the global Hybrid and Electric Car market?

What factors are driving Hybrid and Electric Car market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Hybrid and Electric Car market opportunities vary by end market size?

How does Hybrid and Electric Car break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.