The global hybrid vehicle market size is expected to reach around US$ 1670.5 billion by 2030 and is expected to grow at an impressive double-digit rate of 28.90% from 2022 to 2030.
The study includes drivers and restraints of this market. The study provides an analysis of the global hybrid vehicle market for the period 2017-2030, wherein 2022 to 2030 is the forecast period and 2021 is considered as the base year.
Report Scope of the Hybrid Vehicle Market
| Report Coverage | Details |
| Market Size in 2021 | USD 350.1 Billion |
| Market Size by 2030 | USD 1670.5 Billion |
| CAGR from 2022 to 2030 | CAGR of 28.90% |
| Fastest Growing Market | Asia Pacific |
| Base Year | 2021 |
| Forecast Period | 2022 to 2030 |
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Research Methodology
A unique research methodology has been utilized to conduct comprehensive research on the growth of the global hybrid vehicle market and arrive at conclusions on the future growth prospects of the market. This research methodology is a combination of primary and secondary research, which helps analysts warrant the accuracy and reliability of the draw conclusions. Secondary sources referred to by analysts during the production of the global market report include statistics from company annual reports, SEC filings, company websites, World Bank database, investor presentations, regulatory databases, government publications, and industry white papers. Analysts have also interviewed senior managers, product portfolio managers, CEOs, VPs, and market intelligence managers, who contributed to the production of our study on the market as a primary source.
These primary and secondary sources provided exclusive information during interviews, which serves as a validation from mattress topper industry leaders. Access to an extensive internal repository and external proprietary databases allows this report to address specific details and questions about the global hybrid vehicle market with accuracy. The study also uses the top-down approach to assess the numbers for each segment and the bottom-up approach to counter-validate them. This has helped to estimates the future prospects of the global market more reliable and accurate.
Why should you invest in this report?
If you are aiming to enter the global hybrid vehicle market, this report is a comprehensive guide that provides crystal clear insights into this niche market. All the major application areas for hybrid vehicle are covered in this report and information is given on the important regions of the world where this market is likely to boom during the forecast period of 2022-2030, so that you can plan your strategies to enter this market accordingly.
Besides, through this report, you can have a complete grasp of the level of competition you will be facing in this hugely competitive market and if you are an established player in this market already, this report will help you gauge the strategies that your competitors have adopted to stay as market leaders in this market. For new entrants to this market, the voluminous data provided in this report is invaluable.
Some of the prominent players in the global hybrid vehicle market include:
- Toyota Motor Company
- Honda Motor Company
- BYD Company Ltd
- Lexus
- Ford motor company
- Kia Motors Company
- Nissan Motor Company
- Volkswagen AG
- AB Volvo
Market Segmentation:
By Hybridization
- Fully hybrid
- Micro hybrid
- Mild hybrid
By Drivetrain
- Parallel drivetrain
- Series drivetrain
By Vehicle
- Passenger car
- Commercial vehicles
By Propulsion
- HEV
- PHEV
- NGV
Regional Analysis:
The geographical analysis of the global hybrid vehicle market has been done for North America, Europe, Asia-Pacific, and the Rest of the World.
The North American Market is again segmented into the US, Canada, and Mexico. Coming to the European Market, it can be segmented further into the UK, Germany, France, Italy, Spain, and the rest. Coming to the Asia-Pacific, the global hybrid vehicle Market is segmented into China, India, Japan, and Rest of Asia Pacific. Among others, the market is segmented into the Middle East and Africa, (GCC, North Africa, South Africa and Rest of the Middle East & Africa).
Key Questions Answered by the Report:
- What will be the size of the global hybrid vehicle market in 2030?
- What is the expected CAGR for the hybrid vehicle market between 2021 and 2030?
- Which are the top players active in this global market?
- What are the key drivers of this global market?
- How will the market situation change in the coming years?
- Which region held the highest market share in this global market?
- What are the common business tactics adopted by players?
- What is the growth outlook of the global hybrid vehicle market?
TABLE OF CONTENT
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. COVID 19 Impact on Hybrid Vehicle Market
5.1. COVID-19 Landscape: Hybrid Vehicle Industry Impact
5.2. COVID 19 - Impact Assessment for the Industry
5.3. COVID 19 Impact: Global Major Government Policy
5.4. Market Trends and Opportunities in the COVID-19 Landscape
Chapter 6. Market Dynamics Analysis and Trends
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.2. Market Restraints
6.1.3. Market Opportunities
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
Chapter 7. Competitive Landscape
7.1.1. Company Market Share/Positioning Analysis
7.1.2. Key Strategies Adopted by Players
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers
Chapter 8. Global Hybrid Vehicle Market, By Hybridization
8.1. Hybrid Vehicle Market, by Hybridization, 2022-2030
8.1.1. Fully hybrid
8.1.1.1. Market Revenue and Forecast (2017-2030)
8.1.2. Micro hybrid
8.1.2.1. Market Revenue and Forecast (2017-2030)
8.1.2. Mild hybrid
8.1.2.1. Market Revenue and Forecast (2017-2030)
Chapter 9. Global Hybrid Vehicle Market, By Drivetrain
9.1. Hybrid Vehicle Market, by Drivetrain, 2022-2030
9.1.1. Parallel drivetrain
9.1.1.1. Market Revenue and Forecast (2017-2030)
9.1.2. Series drivetrain
9.1.2.1. Market Revenue and Forecast (2017-2030)
Chapter 10. Global Hybrid Vehicle Market, By Vehicle
10.1. Hybrid Vehicle Market, by Vehicle, 2022-2030
10.1.1. Passenger car
10.1.1.1. Market Revenue and Forecast (2017-2030)
10.1.2. Commercial vehicles
10.1.2.1. Market Revenue and Forecast (2017-2030)
Chapter 11. Global Hybrid Vehicle Market, By Propulsion
11.1. Hybrid Vehicle Market, by Propulsion, 2022-2030
11.1.1. HEV
11.1.1.1. Market Revenue and Forecast (2017-2030)
11.1.2. PHEV
11.1.2.1. Market Revenue and Forecast (2017-2030)
11.1.3. NGV
11.1.3.1. Market Revenue and Forecast (2017-2030)
Chapter 12. Global Hybrid Vehicle Market, By Component Type
12.1. Hybrid Vehicle Market, by Component Type, 2022-2030
12.1.1. Battery
12.1.1.1. Market Revenue and Forecast (2017-2030)
12.1.2. Electric Motor
12.1.2.1. Market Revenue and Forecast (2017-2030)
12.1.3. Transmission
12.1.3.1. Market Revenue and Forecast (2017-2030)
Chapter 13. Global Hybrid Vehicle Market, Regional Estimates and Trend Forecast
13.1. North America
13.1.1. Market Revenue and Forecast, by Hybridization (2017-2030)
13.1.2. Market Revenue and Forecast, by Drivetrain (2017-2030)
13.1.3. Market Revenue and Forecast, by Vehicle (2017-2030)
13.1.4. Market Revenue and Forecast, by Propulsion (2017-2030)
13.1.5. Market Revenue and Forecast, by Component Type (2017-2030)
13.1.6. U.S.
13.1.6.1. Market Revenue and Forecast, by Hybridization (2017-2030)
13.1.6.2. Market Revenue and Forecast, by Drivetrain (2017-2030)
13.1.6.3. Market Revenue and Forecast, by Vehicle (2017-2030)
13.1.6.4. Market Revenue and Forecast, by Propulsion (2017-2030)
13.1.7. Market Revenue and Forecast, by Component Type (2017-2030)
13.1.8. Rest of North America
13.1.8.1. Market Revenue and Forecast, by Hybridization (2017-2030)
13.1.8.2. Market Revenue and Forecast, by Drivetrain (2017-2030)
13.1.8.3. Market Revenue and Forecast, by Vehicle (2017-2030)
13.1.8.4. Market Revenue and Forecast, by Propulsion (2017-2030)
13.1.8.5. Market Revenue and Forecast, by Component Type (2017-2030)
13.2. Europe
13.2.1. Market Revenue and Forecast, by Hybridization (2017-2030)
13.2.2. Market Revenue and Forecast, by Drivetrain (2017-2030)
13.2.3. Market Revenue and Forecast, by Vehicle (2017-2030)
13.2.4. Market Revenue and Forecast, by Propulsion (2017-2030)
13.2.5. Market Revenue and Forecast, by Component Type (2017-2030)
13.2.6. UK
13.2.6.1. Market Revenue and Forecast, by Hybridization (2017-2030)
13.2.6.2. Market Revenue and Forecast, by Drivetrain (2017-2030)
13.2.6.3. Market Revenue and Forecast, by Vehicle (2017-2030)
13.2.7. Market Revenue and Forecast, by Propulsion (2017-2030)
13.2.8. Market Revenue and Forecast, by Component Type (2017-2030)
13.2.9. Germany
13.2.9.1. Market Revenue and Forecast, by Hybridization (2017-2030)
13.2.9.2. Market Revenue and Forecast, by Drivetrain (2017-2030)
13.2.9.3. Market Revenue and Forecast, by Vehicle (2017-2030)
13.2.10. Market Revenue and Forecast, by Propulsion (2017-2030)
13.2.11. Market Revenue and Forecast, by Component Type (2017-2030)
13.2.12. France
13.2.12.1. Market Revenue and Forecast, by Hybridization (2017-2030)
13.2.12.2. Market Revenue and Forecast, by Drivetrain (2017-2030)
13.2.12.3. Market Revenue and Forecast, by Vehicle (2017-2030)
13.2.12.4. Market Revenue and Forecast, by Propulsion (2017-2030)
13.2.13. Market Revenue and Forecast, by Component Type (2017-2030)
13.2.14. Rest of Europe
13.2.14.1. Market Revenue and Forecast, by Hybridization (2017-2030)
13.2.14.2. Market Revenue and Forecast, by Drivetrain (2017-2030)
13.2.14.3. Market Revenue and Forecast, by Vehicle (2017-2030)
13.2.14.4. Market Revenue and Forecast, by Propulsion (2017-2030)
13.2.15. Market Revenue and Forecast, by Component Type (2017-2030)
13.3. APAC
13.3.1. Market Revenue and Forecast, by Hybridization (2017-2030)
13.3.2. Market Revenue and Forecast, by Drivetrain (2017-2030)
13.3.3. Market Revenue and Forecast, by Vehicle (2017-2030)
13.3.4. Market Revenue and Forecast, by Propulsion (2017-2030)
13.3.5. Market Revenue and Forecast, by Component Type (2017-2030)
13.3.6. India
13.3.6.1. Market Revenue and Forecast, by Hybridization (2017-2030)
13.3.6.2. Market Revenue and Forecast, by Drivetrain (2017-2030)
13.3.6.3. Market Revenue and Forecast, by Vehicle (2017-2030)
13.3.6.4. Market Revenue and Forecast, by Propulsion (2017-2030)
13.3.7. Market Revenue and Forecast, by Component Type (2017-2030)
13.3.8. China
13.3.8.1. Market Revenue and Forecast, by Hybridization (2017-2030)
13.3.8.2. Market Revenue and Forecast, by Drivetrain (2017-2030)
13.3.8.3. Market Revenue and Forecast, by Vehicle (2017-2030)
13.3.8.4. Market Revenue and Forecast, by Propulsion (2017-2030)
13.3.9. Market Revenue and Forecast, by Component Type (2017-2030)
13.3.10. Japan
13.3.10.1. Market Revenue and Forecast, by Hybridization (2017-2030)
13.3.10.2. Market Revenue and Forecast, by Drivetrain (2017-2030)
13.3.10.3. Market Revenue and Forecast, by Vehicle (2017-2030)
13.3.10.4. Market Revenue and Forecast, by Propulsion (2017-2030)
13.3.10.5. Market Revenue and Forecast, by Component Type (2017-2030)
13.3.11. Rest of APAC
13.3.11.1. Market Revenue and Forecast, by Hybridization (2017-2030)
13.3.11.2. Market Revenue and Forecast, by Drivetrain (2017-2030)
13.3.11.3. Market Revenue and Forecast, by Vehicle (2017-2030)
13.3.11.4. Market Revenue and Forecast, by Propulsion (2017-2030)
13.3.11.5. Market Revenue and Forecast, by Component Type (2017-2030)
13.4. MEA
13.4.1. Market Revenue and Forecast, by Hybridization (2017-2030)
13.4.2. Market Revenue and Forecast, by Drivetrain (2017-2030)
13.4.3. Market Revenue and Forecast, by Vehicle (2017-2030)
13.4.4. Market Revenue and Forecast, by Propulsion (2017-2030)
13.4.5. Market Revenue and Forecast, by Component Type (2017-2030)
13.4.6. GCC
13.4.6.1. Market Revenue and Forecast, by Hybridization (2017-2030)
13.4.6.2. Market Revenue and Forecast, by Drivetrain (2017-2030)
13.4.6.3. Market Revenue and Forecast, by Vehicle (2017-2030)
13.4.6.4. Market Revenue and Forecast, by Propulsion (2017-2030)
13.4.7. Market Revenue and Forecast, by Component Type (2017-2030)
13.4.8. North Africa
13.4.8.1. Market Revenue and Forecast, by Hybridization (2017-2030)
13.4.8.2. Market Revenue and Forecast, by Drivetrain (2017-2030)
13.4.8.3. Market Revenue and Forecast, by Vehicle (2017-2030)
13.4.8.4. Market Revenue and Forecast, by Propulsion (2017-2030)
13.4.9. Market Revenue and Forecast, by Component Type (2017-2030)
13.4.10. South Africa
13.4.10.1. Market Revenue and Forecast, by Hybridization (2017-2030)
13.4.10.2. Market Revenue and Forecast, by Drivetrain (2017-2030)
13.4.10.3. Market Revenue and Forecast, by Vehicle (2017-2030)
13.4.10.4. Market Revenue and Forecast, by Propulsion (2017-2030)
13.4.10.5. Market Revenue and Forecast, by Component Type (2017-2030)
13.4.11. Rest of MEA
13.4.11.1. Market Revenue and Forecast, by Hybridization (2017-2030)
13.4.11.2. Market Revenue and Forecast, by Drivetrain (2017-2030)
13.4.11.3. Market Revenue and Forecast, by Vehicle (2017-2030)
13.4.11.4. Market Revenue and Forecast, by Propulsion (2017-2030)
13.4.11.5. Market Revenue and Forecast, by Component Type (2017-2030)
13.5. Latin America
13.5.1. Market Revenue and Forecast, by Hybridization (2017-2030)
13.5.2. Market Revenue and Forecast, by Drivetrain (2017-2030)
13.5.3. Market Revenue and Forecast, by Vehicle (2017-2030)
13.5.4. Market Revenue and Forecast, by Propulsion (2017-2030)
13.5.5. Market Revenue and Forecast, by Component Type (2017-2030)
13.5.6. Brazil
13.5.6.1. Market Revenue and Forecast, by Hybridization (2017-2030)
13.5.6.2. Market Revenue and Forecast, by Drivetrain (2017-2030)
13.5.6.3. Market Revenue and Forecast, by Vehicle (2017-2030)
13.5.6.4. Market Revenue and Forecast, by Propulsion (2017-2030)
13.5.7. Market Revenue and Forecast, by Component Type (2017-2030)
13.5.8. Rest of LATAM
13.5.8.1. Market Revenue and Forecast, by Hybridization (2017-2030)
13.5.8.2. Market Revenue and Forecast, by Drivetrain (2017-2030)
13.5.8.3. Market Revenue and Forecast, by Vehicle (2017-2030)
13.5.8.4. Market Revenue and Forecast, by Propulsion (2017-2030)
13.5.8.5. Market Revenue and Forecast, by Component Type (2017-2030)
Chapter 14. Company Profiles
14.1. Toyota Motor Company
14.1.1. Company Overview
14.1.2. Product Offerings
14.1.3. Financial Performance
14.1.4. Recent Initiatives
14.2. Honda Motor Company
14.2.1. Company Overview
14.2.2. Product Offerings
14.2.3. Financial Performance
14.2.4. Recent Initiatives
14.3. BYD Company Ltd
14.3.1. Company Overview
14.3.2. Product Offerings
14.3.3. Financial Performance
14.3.4. Recent Initiatives
14.4. Lexus
14.4.1. Company Overview
14.4.2. Product Offerings
14.4.3. Financial Performance
14.4.4. Recent Initiatives
14.5. Ford motor company
14.5.1. Company Overview
14.5.2. Product Offerings
14.5.3. Financial Performance
14.5.4. Recent Initiatives
14.6. Kia Motors Company
14.6.1. Company Overview
14.6.2. Product Offerings
14.6.3. Financial Performance
14.6.4. Recent Initiatives
14.7. Nissan Motor Company
14.7.1. Company Overview
14.7.2. Product Offerings
14.7.3. Financial Performance
14.7.4. Recent Initiatives
14.8. Volkswagen AG
14.8.1. Company Overview
14.8.2. Product Offerings
14.8.3. Financial Performance
14.8.4. Recent Initiatives
14.9. AB Volvo
14.9.1. Company Overview
14.9.2. Product Offerings
14.9.3. Financial Performance
14.9.4. Recent Initiatives
Chapter 15. Research Methodology
15.1. Primary Research
15.2. Secondary Research
15.3. Assumptions
Chapter 16. Appendix
16.1. About Us
16.2. Glossary of Terms
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