Hybrid Vehicle Market Size, Growth, Demands Outlook and Forecasts to 2030

According to the research report, the global hybrid vehicle market size is expected to touch USD 1670.5 Billion by 2030, from USD 416.48 Billion in 2022, growing with a significant CAGR of 28.90% from 2022 to 2030. 

The hybrid vehicle report offers a comprehensive study of the current state expected at the major drivers, market strategies, and key vendors’ growth. The report presents energetic visions to conclude and study the market size, market hopes, and competitive surroundings. The research also focuses on the important achievements of the market, research & development, and regional growth of the leading competitors operating in the market. The current trends of the global hybrid vehicle in conjunction with the geographical landscape of this vertical have also been included in this report.

The report offers intricate dynamics about different aspects of the global hybrid vehicle market, which aids companies operating in the market in making strategic development decisions. The study also elaborates on significant changes that are highly anticipated to configure growth of the global hybrid vehicle during the forecast period. It also includes a key indicator assessment that highlights growth prospects of this market and estimates statistics related to growth of the market in terms of value (US$ Mn) and volume (tons).

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 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
Growth Rate from 2022 to 2030	CAGR of 28.90%
Fastest Growing Market	Asia Pacific
Base Year	2021
Forecast Period	2022 to 2030
Segments Covered	Hybrid, Vehicle, Type of Propulsion Insights, Type of Drivetrain Insights, Type of Drivetrain Insights, Geography

This study covers a detailed segmentation of the global hybrid vehicle market, along with key information and a competition outlook. The report mentions company profiles of players that are currently dominating the global hybrid vehicle market, wherein various developments, expansions, and winning strategies practiced and implemented by leading players have been presented in detail.

Key Players    

• 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

By Component Type

• Battery
• Electric Motor
• Transmission

  By Geography

• North America
• U.S.
• Canada
• Europe
• U.K.
• Germany
• France
• Asia-Pacific
• China
• India
• Japan
• South Korea
• Malaysia
• Philippines
• Latin America
• Brazil
• Rest of Latin America
• Middle East & Africa (MEA)
• GCC
• North Africa
• South Africa
• Rest of the Middle East & Africa

Research Methodology

The research methodology adopted by analysts for compiling the global hybrid vehicle report is based on detailed primary as well as secondary research. With the help of in-depth insights of the market-affiliated information that is obtained and legitimated by market-admissible resources, analysts have offered riveting observations and authentic forecasts for the global market.

During the primary research phase, analysts interviewed market stakeholders, investors, brand managers, vice presidents, and sales and marketing managers. Based on data obtained through interviews of genuine resources, analysts have emphasized the changing scenario of the global market.

For secondary research, analysts scrutinized numerous annual report publications, white papers, market association publications, and company websites to obtain the necessary understanding 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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