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Hybrid and Electric Cars Market Summary, Competitive Analysis and Forecast to 2027 (Global Almanac)

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from $2,995 583 Pages MarketLine September, 2023 MTLN18285655
Best Price Guarantee
Price from $2,995
Length 583 Pages
Publisher MarketLine
Published Date September, 2023
SKU MTLN18285655

Hybrid and Electric Cars Market Summary, Competitive Analysis and Forecast to 2027 (Global Almanac)


Summary

Global HYBRID & ELECTRIC CARS industry profile provides top-line qualitative and quantitative summary information including: Market size (value and volume 2017-22, and forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the Market.

Key Highlights
  • The hybrid and electric cars market consists of the initial retail sale/registration of new electric and hybrid passenger cars. Passenger cars include saloons/sedans, hatchbacks, SUVs, 4x4s, and other related vehicles.
  • The market value is calculated at the retail selling price (RSP) and the market volume is given in terms of units sold.
  • The electric cars segment refers to all-electric vehicles only, namely Battery Electric Vehicles (BEVs).
  • The hybrid cars segment refers to all types of hybrid electric cars such as full-standard Hybrid Electric Vehicles (FHEVs), and mild and plug-in hybrid electric vehicles (MHEVs and PHEVs). The other alternative fuel vehicles (e.g., LPG, Hydrogen fuel cell, or 48vMEHVs) are not included.
  • All market data and forecasts are represented in nominal terms (i.e., without adjustment for inflation) and all currency conversions used in the creation of this report have been calculated using constant 2022 annual average exchange rates.
  • The global hybrid & electric cars market had total revenues of $669.1 billion in 2022, representing a compound annual growth rate (CAGR) of 39.8% between 2017 and 2022.
  • Market production volume increased with a CAGR of 33.8% between 2017 and 2022, to reach a total of 15,565,020.1 units in 2022.
  • The growth in the global hybrid & electric cars market is influenced by several macroeconomic factors, such as rising GDP, growing consumer confidence, and an increase in disposable income among individuals. For instance, according to the University of Michigan, the consumer confidence index in the US stood at 71.2 in August 2023, up from 64.4 in June 2023.
Scope
  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the global hybrid & electric cars Market
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the global hybrid & electric cars Market
  • Leading company profiles reveal details of key hybrid & electric cars Market players’ global operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the global hybrid & electric cars Market with five year forecasts by both value and volume
Reasons to Buy
  • What was the size of the global hybrid & electric cars Market by value in 2022?
  • What will be the size of the global hybrid & electric cars Market in 2027?
  • What factors are affecting the strength of competition in the global hybrid & electric cars Market?
  • How has the Market performed over the last five years?
  • What are the main segments that make up the global hybrid & electric cars Market?


1 EXECUTIVE SUMMARY
1.1. Market value
1.2. Market value forecast
1.3. Market volume
1.4. Market volume forecast
1.5. Category segmentation
1.6. Geography segmentation
1.7. Competitive landscape
2 Introduction
2.1. What is this report about?
2.2. Who is the target reader?
2.3. How to use this report
2.4. Definitions
3 Global Hybrid & Electric Cars
3.1. Market Overview
3.2. Market Data
3.3. Market Segmentation
3.4. Market outlook
3.5. Five forces analysis
4 Macroeconomic Indicators
4.1. Country data
5 Hybrid & Electric Cars in Asia-Pacific
5.1. Market Overview
5.2. Market Data
5.3. Market Segmentation
5.4. Market outlook
5.5. Five forces analysis
6 Hybrid & Electric Cars in Europe
6.1. Market Overview
6.2. Market Data
6.3. Market Segmentation
6.4. Market outlook
6.5. Five forces analysis
7 Macroeconomic Indicators
7.1. Country data
8 Hybrid & Electric Cars in France
8.1. Market Overview
8.2. Market Data
8.3. Market Segmentation
8.4. Market outlook
8.5. Five forces analysis
9 Macroeconomic Indicators
9.1. Country data
10 Hybrid & Electric Cars in Germany
10.1. Market Overview
10.2. Market Data
10.3. Market Segmentation
10.4. Market outlook
10.5. Five forces analysis
11 Macroeconomic Indicators
11.1. Country data
12 Hybrid & Electric Cars in Australia
12.1. Market Overview
12.2. Market Data
12.3. Market Segmentation
12.4. Market outlook
12.5. Five forces analysis
13 Macroeconomic Indicators
13.1. Country data
14 Hybrid & Electric Cars in Brazil
14.1. Market Overview
14.2. Market Data
14.3. Market Segmentation
14.4. Market outlook
14.5. Five forces analysis
15 Macroeconomic Indicators
15.1. Country data
16 Hybrid & Electric Cars in Canada
16.1. Market Overview
16.2. Market Data
16.3. Market Segmentation
16.4. Market outlook
16.5. Five forces analysis
17 Macroeconomic Indicators
17.1. Country data
18 Hybrid & Electric Cars in China
18.1. Market Overview
18.2. Market Data
18.3. Market Segmentation
18.4. Market outlook
18.5. Five forces analysis
19 Macroeconomic Indicators
19.1. Country data
20 Hybrid & Electric Cars in India
20.1. Market Overview
20.2. Market Data
20.3. Market Segmentation
20.4. Market outlook
20.5. Five forces analysis
21 Macroeconomic Indicators
21.1. Country data
22 Hybrid & Electric Cars in Indonesia
22.1. Market Overview
22.2. Market Data
22.3. Market Segmentation
22.4. Market outlook
22.5. Five forces analysis
23 Macroeconomic Indicators
23.1. Country data
24 Hybrid & Electric Cars in Italy
24.1. Market Overview
24.2. Market Data
24.3. Market Segmentation
24.4. Market outlook
24.5. Five forces analysis
25 Macroeconomic Indicators
25.1. Country data
26 Hybrid & Electric Cars in Japan
26.1. Market Overview
26.2. Market Data
26.3. Market Segmentation
26.4. Market outlook
26.5. Five forces analysis
27 Macroeconomic Indicators
27.1. Country data
28 Hybrid & Electric Cars in Mexico
28.1. Market Overview
28.2. Market Data
28.3. Market Segmentation
28.4. Market outlook
28.5. Five forces analysis
29 Macroeconomic Indicators
29.1. Country data
30 Hybrid & Electric Cars in The Netherlands
30.1. Market Overview
30.2. Market Data
30.3. Market Segmentation
30.4. Market outlook
30.5. Five forces analysis
31 Macroeconomic Indicators
31.1. Country data
32 Hybrid & Electric Cars in North America
32.1. Market Overview
32.2. Market Data
32.3. Market Segmentation
32.4. Market outlook
32.5. Five forces analysis
33 Hybrid & Electric Cars in Russia
33.1. Market Overview
33.2. Market Data
33.3. Market Segmentation
33.4. Market outlook
33.5. Five forces analysis
34 Macroeconomic Indicators
34.1. Country data
35 Hybrid & Electric Cars in Scandinavia
35.1. Market Overview
35.2. Market Data
35.3. Market Segmentation
35.4. Market outlook
35.5. Five forces analysis
36 Hybrid & Electric Cars in Singapore
36.1. Market Overview
36.2. Market Data
36.3. Market Segmentation
36.4. Market outlook
36.5. Five forces analysis
37 Macroeconomic Indicators
37.1. Country data
38 Hybrid & Electric Cars in South Africa
38.1. Market Overview
38.2. Market Data
38.3. Market Segmentation
38.4. Market outlook
38.5. Five forces analysis
39 Macroeconomic Indicators
39.1. Country data
40 Hybrid & Electric Cars in South Korea
40.1. Market Overview
40.2. Market Data
40.3. Market Segmentation
40.4. Market outlook
40.5. Five forces analysis
41 Macroeconomic Indicators
41.1. Country data
42 Hybrid & Electric Cars in Spain
42.1. Market Overview
42.2. Market Data
42.3. Market Segmentation
42.4. Market outlook
42.5. Five forces analysis
43 Macroeconomic Indicators
43.1. Country data
44 Hybrid & Electric Cars in Turkey
44.1. Market Overview
44.2. Market Data
44.3. Market Segmentation
44.4. Market outlook
44.5. Five forces analysis
45 Macroeconomic Indicators
45.1. Country data
46 Hybrid & Electric Cars in The United Kingdom
46.1. Market Overview
46.2. Market Data
46.3. Market Segmentation
46.4. Market outlook
46.5. Five forces analysis
47 Macroeconomic Indicators
47.1. Country data
48 Hybrid & Electric Cars in The United States
48.1. Market Overview
48.2. Market Data
48.3. Market Segmentation
48.4. Market outlook
48.5. Five forces analysis
49 Macroeconomic Indicators
49.1. Country data
50 Company Profiles
50.1. Volkswagen AG
50.2. Tesla, Inc.
50.3. SAIC Motor Corp Ltd
50.4. Tata Motors Limited
50.5. Kia Corporation
50.6. Stellantis NV
50.7. Mercedes-Benz Group AG.
50.8. AB Volvo
50.9. Nissan Motor Co., Ltd.
50.10. Hyundai Corporation
50.11. BYD Company Limited
50.12. BAIC Motor Corporation Ltd
50.13. Bayerische Motoren Werke AG
50.14. Renault SA
50.15. General Motors Company
50.16. Ford Motor Company
50.17. Toyota Motor Corporation
51 Appendix
51.1. Methodology
51.2. About MarketLine
List of Tables
Table 1: Global hybrid & electric cars market value: $ million, 2017-22
Table 2: Global hybrid & electric cars market volume: units, 2017-22
Table 3: Global hybrid & electric cars market category segmentation: % share, by value, 2017-2022
Table 4: Global hybrid & electric cars market category segmentation: $ million, 2017-2022
Table 5: Global hybrid & electric cars market geography segmentation: $ million, 2022
Table 6: Global hybrid & electric cars market value forecast: $ million, 2022-27
Table 7: Global hybrid & electric cars market volume forecast: units, 2022-27
Table 8: Global size of population (million), 2018-22
Table 9: Global gdp (constant 2005 prices, $ billion), 2018-22
Table 10: Global gdp (current prices, $ billion), 2018-22
Table 11: Global inflation, 2018-22
Table 12: Global consumer price index (absolute), 2018-22
Table 13: Global exchange rate, 2018-22
Table 14: Asia-Pacific hybrid & electric cars market value: $ million, 2017-22
Table 15: Asia-Pacific hybrid & electric cars market volume: units, 2017-22
Table 16: Asia-Pacific hybrid & electric cars market category segmentation: % share, by value, 2017-2022
Table 17: Asia-Pacific hybrid & electric cars market category segmentation: $ million, 2017-2022
Table 18: Asia-Pacific hybrid & electric cars market geography segmentation: $ million, 2022
Table 19: Asia-Pacific hybrid & electric cars market value forecast: $ million, 2022-27
Table 20: Asia-Pacific hybrid & electric cars market volume forecast: units, 2022-27
Table 21: Europe hybrid & electric cars market value: $ million, 2017-22
Table 22: Europe hybrid & electric cars market volume: units, 2017-22
Table 23: Europe hybrid & electric cars market category segmentation: % share, by value, 2017-2022
Table 24: Europe hybrid & electric cars market category segmentation: $ million, 2017-2022
Table 25: Europe hybrid & electric cars market geography segmentation: $ million, 2022
Table 26: Europe hybrid & electric cars market value forecast: $ million, 2022-27
Table 27: Europe hybrid & electric cars market volume forecast: units, 2022-27
Table 28: Europe size of population (million), 2018-22
Table 29: Europe gdp (constant 2005 prices, $ billion), 2018-22
Table 30: Europe gdp (current prices, $ billion), 2018-22
Table 31: Europe inflation, 2018-22
Table 32: Europe consumer price index (absolute), 2018-22
Table 33: Europe exchange rate, 2018-22
Table 34: France hybrid & electric cars market value: $ million, 2017-22
Table 35: France hybrid & electric cars market volume: units, 2017-22
Table 36: France hybrid & electric cars market category segmentation: % share, by value, 2017-2022
Table 37: France hybrid & electric cars market category segmentation: $ million, 2017-2022
Table 38: France hybrid & electric cars market geography segmentation: $ million, 2022
Table 39: France hybrid & electric cars market value forecast: $ million, 2022-27
Table 40: France hybrid & electric cars market volume forecast: units, 2022-27
Table 41: France size of population (million), 2018-22
Table 42: France gdp (constant 2005 prices, $ billion), 2018-22
Table 43: France gdp (current prices, $ billion), 2018-22
Table 44: France inflation, 2018-22
Table 45: France consumer price index (absolute), 2018-22
Table 46: France exchange rate, 2018-22
Table 47: Germany hybrid & electric cars market value: $ million, 2017-22
Table 48: Germany hybrid & electric cars market volume: units, 2017-22
Table 49: Germany hybrid & electric cars market category segmentation: % share, by value, 2017-2022
Table 50: Germany hybrid & electric cars market category segmentation: $ million, 2017-2022
Table 51: Germany hybrid & electric cars market geography segmentation: $ million, 2022
Table 52: Germany hybrid & electric cars market value forecast: $ million, 2022-27
Table 53: Germany hybrid & electric cars market volume forecast: units, 2022-27
Table 54: Germany size of population (million), 2018-22
Table 55: Germany gdp (constant 2005 prices, $ billion), 2018-22
Table 56: Germany gdp (current prices, $ billion), 2018-22
Table 57: Germany inflation, 2018-22
Table 58: Germany consumer price index (absolute), 2018-22
Table 59: Germany exchange rate, 2018-22
Table 60: Australia hybrid & electric cars market value: $ million, 2017-22
Table 61: Australia hybrid & electric cars market volume: units, 2017-22
Table 62: Australia hybrid & electric cars market category segmentation: % share, by value, 2017-2022
Table 63: Australia hybrid & electric cars market category segmentation: $ million, 2017-2022
Table 64: Australia hybrid & electric cars market geography segmentation: $ million, 2022
Table 65: Australia hybrid & electric cars market value forecast: $ million, 2022-27
Table 66: Australia hybrid & electric cars market volume forecast: units, 2022-27
Table 67: Australia size of population (million), 2018-22
Table 68: Australia gdp (constant 2005 prices, $ billion), 2018-22
Table 69: Australia gdp (current prices, $ billion), 2018-22
Table 70: Australia inflation, 2018-22
Table 71: Australia consumer price index (absolute), 2018-22
Table 72: Australia exchange rate, 2018-22
Table 73: Brazil hybrid & electric cars market value: $ million, 2017-22
Table 74: Brazil hybrid & electric cars market volume: units, 2017-22
Table 75: Brazil hybrid & electric cars market category segmentation: % share, by value, 2017-2022
Table 76: Brazil hybrid & electric cars market category segmentation: $ million, 2017-2022
Table 77: Brazil hybrid & electric cars market geography segmentation: $ million, 2022
Table 78: Brazil hybrid & electric cars market value forecast: $ million, 2022-27
Table 79: Brazil hybrid & electric cars market volume forecast: units, 2022-27
Table 80: Brazil size of population (million), 2018-22
Table 81: Brazil gdp (constant 2005 prices, $ billion), 2018-22
Table 82: Brazil gdp (current prices, $ billion), 2018-22
Table 83: Brazil inflation, 2018-22
Table 84: Brazil consumer price index (absolute), 2018-22
Table 85: Brazil exchange rate, 2018-22
Table 86: Canada hybrid & electric cars market value: $ million, 2017-22
Table 87: Canada hybrid & electric cars market volume: units, 2017-22
Table 88: Canada hybrid & electric cars market category segmentation: % share, by value, 2017-2022
Table 89: Canada hybrid & electric cars market category segmentation: $ million, 2017-2022
Table 90: Canada hybrid & electric cars market geography segmentation: $ million, 2022
Table 91: Canada hybrid & electric cars market value forecast: $ million, 2022-27
Table 92: Canada hybrid & electric cars market volume forecast: units, 2022-27
Table 93: Canada size of population (million), 2018-22
Table 94: Canada gdp (constant 2005 prices, $ billion), 2018-22
Table 95: Canada gdp (current prices, $ billion), 2018-22
Table 96: Canada inflation, 2018-22
Table 97: Canada consumer price index (absolute), 2018-22
Table 98: Canada exchange rate, 2018-22
Table 99: China hybrid & electric cars market value: $ million, 2017-22
Table 100: China hybrid & electric cars market volume: units, 2017-22
Table 101: China hybrid & electric cars market category segmentation: % share, by value, 2017-2022
Table 102: China hybrid & electric cars market category segmentation: $ million, 2017-2022
Table 103: China hybrid & electric cars market geography segmentation: $ million, 2022
Table 104: China hybrid & electric cars market value forecast: $ million, 2022-27
Table 105: China hybrid & electric cars market volume forecast: units, 2022-27
List of Figures
Figure 1: Global hybrid & electric cars market value: $ million, 2017-22
Figure 2: Global hybrid & electric cars market volume: units, 2017-22
Figure 3: Global hybrid & electric cars market category segmentation: $ million, 2017-2022
Figure 4: Global hybrid & electric cars market geography segmentation: % share, by value, 2022
Figure 5: Global hybrid & electric cars market value forecast: $ million, 2022-27
Figure 6: Global hybrid & electric cars market volume forecast: units, 2022-27
Figure 7: Forces driving competition in the global hybrid & electric cars market, 2022
Figure 8: Drivers of buyer power in the global hybrid & electric cars market, 2022
Figure 9: Drivers of supplier power in the global hybrid & electric cars market, 2022
Figure 10: Factors influencing the likelihood of new entrants in the global hybrid & electric cars market, 2022
Figure 11: Factors influencing the threat of substitutes in the global hybrid & electric cars market, 2022
Figure 12: Drivers of degree of rivalry in the global hybrid & electric cars market, 2022
Figure 13: Asia-Pacific hybrid & electric cars market value: $ million, 2017-22
Figure 14: Asia-Pacific hybrid & electric cars market volume: units, 2017-22
Figure 15: Asia-Pacific hybrid & electric cars market category segmentation: $ million, 2017-2022
Figure 16: Asia-Pacific hybrid & electric cars market geography segmentation: % share, by value, 2022
Figure 17: Asia-Pacific hybrid & electric cars market value forecast: $ million, 2022-27
Figure 18: Asia-Pacific hybrid & electric cars market volume forecast: units, 2022-27
Figure 19: Forces driving competition in the hybrid & electric cars market in Asia-Pacific, 2022
Figure 20: Drivers of buyer power in the hybrid & electric cars market in Asia-Pacific, 2022
Figure 21: Drivers of supplier power in the hybrid & electric cars market in Asia-Pacific, 2022
Figure 22: Factors influencing the likelihood of new entrants in the hybrid & electric cars market in Asia-Pacific, 2022
Figure 23: Factors influencing the threat of substitutes in the hybrid & electric cars market in Asia-Pacific, 2022
Figure 24: Drivers of degree of rivalry in the hybrid & electric cars market in Asia-Pacific, 2022
Figure 25: Europe hybrid & electric cars market value: $ million, 2017-22
Figure 26: Europe hybrid & electric cars market volume: units, 2017-22
Figure 27: Europe hybrid & electric cars market category segmentation: $ million, 2017-2022
Figure 28: Europe hybrid & electric cars market geography segmentation: % share, by value, 2022
Figure 29: Europe hybrid & electric cars market value forecast: $ million, 2022-27
Figure 30: Europe hybrid & electric cars market volume forecast: units, 2022-27
Figure 31: Forces driving competition in the hybrid & electric cars market in Europe, 2022
Figure 32: Drivers of buyer power in the hybrid & electric cars market in Europe, 2022
Figure 33: Drivers of supplier power in the hybrid & electric cars market in Europe, 2022
Figure 34: Factors influencing the likelihood of new entrants in the hybrid & electric cars market in Europe, 2022
Figure 35: Factors influencing the threat of substitutes in the hybrid & electric cars market in Europe, 2022
Figure 36: Drivers of degree of rivalry in the hybrid & electric cars market in Europe, 2022
Figure 37: France hybrid & electric cars market value: $ million, 2017-22
Figure 38: France hybrid & electric cars market volume: units, 2017-22
Figure 39: France hybrid & electric cars market category segmentation: $ million, 2017-2022
Figure 40: France hybrid & electric cars market geography segmentation: % share, by value, 2022
Figure 41: France hybrid & electric cars market value forecast: $ million, 2022-27
Figure 42: France hybrid & electric cars market volume forecast: units, 2022-27
Figure 43: Forces driving competition in the hybrid & electric cars market in France, 2022
Figure 44: Drivers of buyer power in the hybrid & electric cars market in France, 2022
Figure 45: Drivers of supplier power in the hybrid & electric cars market in France, 2022
Figure 46: Factors influencing the likelihood of new entrants in the hybrid & electric cars market in France, 2022
Figure 47: Factors influencing the threat of substitutes in the hybrid & electric cars market in France, 2022
Figure 48: Drivers of degree of rivalry in the hybrid & electric cars market in France, 2022
Figure 49: Germany hybrid & electric cars market value: $ million, 2017-22
Figure 50: Germany hybrid & electric cars market volume: units, 2017-22
Figure 51: Germany hybrid & electric cars market category segmentation: $ million, 2017-2022
Figure 52: Germany hybrid & electric cars market geography segmentation: % share, by value, 2022
Figure 53: Germany hybrid & electric cars market value forecast: $ million, 2022-27
Figure 54: Germany hybrid & electric cars market volume forecast: units, 2022-27
Figure 55: Forces driving competition in the hybrid & electric cars market in Germany, 2022
Figure 56: Drivers of buyer power in the hybrid & electric cars market in Germany, 2022
Figure 57: Drivers of supplier power in the hybrid & electric cars market in Germany, 2022
Figure 58: Factors influencing the likelihood of new entrants in the hybrid & electric cars market in Germany, 2022
Figure 59: Factors influencing the threat of substitutes in the hybrid & electric cars market in Germany, 2022
Figure 60: Drivers of degree of rivalry in the hybrid & electric cars market in Germany, 2022
Figure 61: Australia hybrid & electric cars market value: $ million, 2017-22
Figure 62: Australia hybrid & electric cars market volume: units, 2017-22
Figure 63: Australia hybrid & electric cars market category segmentation: $ million, 2017-2022
Figure 64: Australia hybrid & electric cars market geography segmentation: % share, by value, 2022
Figure 65: Australia hybrid & electric cars market value forecast: $ million, 2022-27
Figure 66: Australia hybrid & electric cars market volume forecast: units, 2022-27
Figure 67: Forces driving competition in the hybrid & electric cars market in Australia, 2022
Figure 68: Drivers of buyer power in the hybrid & electric cars market in Australia, 2022
Figure 69: Drivers of supplier power in the hybrid & electric cars market in Australia, 2022
Figure 70: Factors influencing the likelihood of new entrants in the hybrid & electric cars market in Australia, 2022
Figure 71: Factors influencing the threat of substitutes in the hybrid & electric cars market in Australia, 2022
Figure 72: Drivers of degree of rivalry in the hybrid & electric cars market in Australia, 2022
Figure 73: Brazil hybrid & electric cars market value: $ million, 2017-22
Figure 74: Brazil hybrid & electric cars market volume: units, 2017-22
Figure 75: Brazil hybrid & electric cars market category segmentation: $ million, 2017-2022
Figure 76: Brazil hybrid & electric cars market geography segmentation: % share, by value, 2022
Figure 77: Brazil hybrid & electric cars market value forecast: $ million, 2022-27
Figure 78: Brazil hybrid & electric cars market volume forecast: units, 2022-27
Figure 79: Forces driving competition in the hybrid & electric cars market in Brazil, 2022
Figure 80: Drivers of buyer power in the hybrid & electric cars market in Brazil, 2022
Figure 81: Drivers of supplier power in the hybrid & electric cars market in Brazil, 2022
Figure 82: Factors influencing the likelihood of new entrants in the hybrid & electric cars market in Brazil, 2022
Figure 83: Factors influencing the threat of substitutes in the hybrid & electric cars market in Brazil, 2022
Figure 84: Drivers of degree of rivalry in the hybrid & electric cars market in Brazil, 2022
Figure 85: Canada hybrid & electric cars market value: $ million, 2017-22
Figure 86: Canada hybrid & electric cars market volume: units, 2017-22
Figure 87: Canada hybrid & electric cars market category segmentation: $ million, 2017-2022
Figure 88: Canada hybrid & electric cars market geography segmentation: % share, by value, 2022
Figure 89: Canada hybrid & electric cars market value forecast: $ million, 2022-27
Figure 90: Canada hybrid & electric cars market volume forecast: units, 2022-27

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