Global Hybrid Vehicle Market Size Expected to Accumulate Notable Gains Over the Period 2021-2026


The ‘Global Hybrid Vehicle Market’ business intelligence report deeply explores the essential attributes such as growth determinants, restraints and opportunities that are likely to influence the expansion trajectory of this business sphere during 2021 -2026.

Pune, India, December 09, 2021 (GLOBE NEWSWIRE) – According to MarketStudyReport, global hybrid vehicle market The share was worth USD 146.34 billion in 2020 and is expected to increase significantly in 2021-2026.

Further, the report talks about the various segmentations and their impact on the profitability graph of this industry vertical. A granular examination of the main regions, namely Europe, the Americas and Asia-Pacific, reveals the best prospects for investment. Finally, it presents a 360-degree perspective of the major players in the industry in terms of product / service portfolio, financial data and crucial expansion strategies.

The increase in global auto production, the increase in disposable income in densely populated countries like China and India, and the inclination towards hybrid vehicles with the rapid adoption of electric powertrain technology parallels increase the prospects of the industry.

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In addition, advancements in the design of hybrid vehicles, the high use of electronic devices and the increasing penetration of hybrid vehicles in passenger and commercial car verticals are accelerating the progress of the industry. In addition, increasing automation in manufacturing industries positively influences market dynamics.

Develop on market segments

By degree of hybridization, the global hybrid vehicle market is divided into lightweight, micro, and full. Of these, the soft segment is expected to grow significantly over the forecast span, due to the high concentration of ODMS and OEMs in this business area and strict government regulations in several economies.

Based on the type of electric powertrain, the market is fragmented in parallel and in series. The parallel segment is expected to capture a substantial market share by 2026, accredited for the escalating demand for the latest electronic technologies.

An overview of the regional hierarchy

Regionally, Asia-Pacific currently holds a significant share of the overall market, owing to increasing urban population, high disposable income and increasing manufacturing activities in different countries. In addition, the focus by automakers on improving product quality by eliminating errors and decreasing variability for improved support and visibility is also fueling the development of the APAC market.

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Presentation on the competitive arena

The major players defining the competitive arena of the global hybrid vehicle market are Daimler AG, Hyundai Motor Company Ltd., Renault SA, The Volkswagen AG, BYD Co. Ltd., AB Volvo, Honda Motor Company Ltd., Nissan Motor Co. Ltd., Ford Motor Company and Toyota Motor Corporation.

These companies undertake effective strategies including mergers and acquisitions, innovative product launches, collaborative arrangements, partnerships and research and development investments to tap emerging markets and generate substantial revenue.

Global Hybrid Vehicle Market, By Hybridization Degree (Revenue, USD Billion, 2016-2026)

Global Hybrid Vehicle Market, by Electric Powertrain (Revenue, USD Billion, 2016-2026)

Global Hybrid Vehicle Market, By Vehicle Type (Revenue, USD Billion, 2016-2026)

  • Tourism vehicle

  • Commercial vehicle

Global Hybrid Vehicle Market, Regional Analysis (Revenue, USD Billion, 2016-2026)

Americas

  • United States

  • Canada

  • Mexico

Europe

  • Germany

  • UK

  • France

  • Norway

Asia Pacific

Global Hybrid Vehicle Market, Competitive Hierarchy (Revenue, USD Billion, 2016-2026)

Contents:

1. Scope and methodology of the report

1.1 Scope of the report

1.2 Research methodology

1.3 Executive summary

2. Strategic recommendations

3. Hybrid Vehicle Market: Product Overview

4. Global Hybrid Vehicle Market: An Analysis

4.1 Market Size, by Value, by Volume Year 2016-2020

4.2 Impact of COVID-19 on the hybrid vehicle market

4.3 Global Hybrid Vehicles Market: Growth and Forecast

5. Global Hybrid Vehicles Market: Segment Analysis

5.1 Global Hybrid Vehicle Market Segmentation, By Hybridization Degree (Value)

5.2 Competitive Scenario of Hybrid Vehicles Market: By Hybridization Degree (2020 and 2026)

5.3 By Light Market Size and Forecast (2016-2026)

5.4 By Size and Micro-Market Forecast (2016-2026)

5.5 By Market Size and Forecast (2016-2026)

6. Global Hybrid Vehicles Market: Segment Analysis

6.1 Global Hybrid Vehicle Market Segmentation, By Electric Powerplant (Value)

6.2 Hybrid Vehicle Market Competitive Scenario: By Electric Powertrain (2020 and 2026)

6.3 By Parallel – Market Size and Forecast (2016-2026)

6.4 By Series – Market Size and Forecast (2016-2026)

7. Global Hybrid Vehicles Market: Segment Analysis

7.1 Global Hybrid Vehicle Market Segmentation, By Vehicle Type (Value)

7.2 Global Hybrid Vehicle Market Competitive Scenario: By Vehicle Type (2020 and 2026)

7.3 By Passenger Vehicle Market Size and Forecast (2016-2026)

7.4 By Commercial Vehicle – Market Size and Forecast (2016-2026)

8. Global Hybrid Vehicle Market: Regional Analysis

8.1 Global Hybrid Vehicle Market Competitive Scenario: By Region (2020 and 2026)

9. Americas Hybrid Vehicle Market: An Analysis (2016-2026)

9.1 Americas Hybrid Vehicles Market by Value, Volume: Size and Forecast (2016-2026)

9.2 Americas Hybrid Vehicle Market: Top Companies

9.3 Market segmentation by degree of hybridization (mild, micro, complete)

9.4 Market Segmentation by Electric Powertrain (Parallel, Series)

9.5 Market segmentation by vehicle type (passenger vehicle, commercial vehicle)

10. Hybrid Vehicle Market in Europe: An Analysis (2016-2026)

10.1 Europe Hybrid Vehicles Market by Value, by Volume: Size and Forecast (2016-2026)

10.2 Hybrid Vehicle Market in Europe: Leading Companies

10.3 Market segmentation by degree of hybridization (light, micro, full)

10.4 Market Segmentation by Electric Powertrain (Parallel, Series)

10.5 Market segmentation by vehicle type (passenger vehicle, commercial vehicle)

11. Asia-Pacific Hybrid Vehicle Market: An Analysis (2016-2026)

11.1 Asia-Pacific Hybrid Vehicle Market by Value, by Volume: Size and Forecast (2016-2026)

11.2 Asia-Pacific Hybrid Vehicle Market: Leading Companies

11.3 Market segmentation by degree of hybridization (light, micro, complete)

11.4 Market Segmentation by Electric Powertrain (Parallel, Series)

11.5 Market segmentation by vehicle type (passenger vehicle, commercial vehicle)

12. Global Hybrid Vehicle Market Dynamics

12.1 Global Hybrid Vehicle Market Drivers

12.2 Global Hybrid Vehicle Market Restrictions

12.3 Global Hybrid Vehicle Market Trends

13. Market attractiveness and strategic analysis

13.1 Chart Global Hybrid Vehicle Market Market Attractiveness – By Hybridization Degree (Year 2026)

13.2 Chart Global Hybrid Vehicle Market Market Attractiveness – by Electric Powertrain (Year 2026)

13.3 Chart Global Hybrid Vehicle Market Market Attractiveness – By Vehicle Type (Year 2026)

13.4 Graph of Global Hybrid Vehicle Market Market Attractiveness – by Region (Year 2026)

14. Competitive landscape

Related report:

Fuel Cell Electric Vehicle (FCEV) Market Size, Industry Analysis Report, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share and Forecast, 2020-2026

With a growing global focus on reducing the human impact on the environment of carbon emissions, the fuel cell electric vehicle (FCEV) market growth is expected to accelerate considerably over the next few years. FCEVs are vehicles that run on hydrogen instead of conventional fossil fuels. These vehicles are much more efficient than internal vehicles powered by conventional fossil fuels and generate no tailpipe emissions when in operation, emitting only hot air and water vapor. Similar to fully electric vehicles, FCEVs rely on electricity to drive an electric motor, which in turn drives the wheels. However, unlike electric vehicles, which store the charge in a chemically configured, often Li-ion battery, FCEVs generate electricity using a fuel cell powered by hydrogen. Within a regional frame of reference, the LATAM FCEV market should experience profitable growth. Growing consumer awareness along with the entry of a number of renowned industry players into the region is expected to drive the market growth in Latin America.

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