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Global Micro-Hybrid Vehicle Market 2015-2019

Global Micro-Hybrid Vehicle Market 2015-2019

Market outlook of the global micro-hybrid vehicle market

The global 48V micro hybrid market is relatively new and still in its nascent stage. It is expected to grow exponentially in the coming years because of the benefits associated with the Class2 category of micro-hybrid vehicles. Technavio’s market research analysts project the global micro-hybrid vehicle market to grow at a CAGR of over 29% in the next four years.

The conventional versions of micro hybrid vehicles had a 12V battery that had performance issues. Micro hybrid vehicles need more powerful and long-lasting batteries than what conventional 12V lead-acid batteries can deliver. It has led to the development of the 48V battery that is being installed in the Class 2 micro-hybrids. The 48V battery system also provides support to the vehicle’s active chassis systems, and air conditioning compressors.

Global micro hybrid vehicle market by vehicle segmentation

  • Light vehicles
  • Heavy Vehicles
In 2014, the light micro hybrid vehicle segment dominated the global automotive micro-hybrid market, and it is expected to show significant growth during the forecast period. The growth in the light micro-hybrid vehicle segment is driven by the demand of micro-hybrid vehicle from the APAC region.

Global micro-hybrid market by geography
  • APAC
  • Americas
  • EMEA
The EMEA region is expected to account for the largest share of this market by 2019. The regulatory bodies of EU have set emission targets for all car manufacturers till 2020, based on the average mass of new cars registered in the region. The EMEA region receives a major share of its business from European countries such as Germany, Sweden, Italy, and France.

Leading vendors analyzed in this report
  • Audi
  • BMW
  • Daimler
  • GM
  • Toyota
Other prominent vendors in this market include Fiat, Hyundai, Iran Khodro, Jaguar Land Rover, Kia, Mahindra & Mahindra, Mazda, Nissan, and Porsche.

Key questions answered in the report
  • What are the key factors driving the global micro hybrid vehicle market?
  • What are the key market trends impacting the growth of the global micro hybrid vehicle market?
  • What are the various opportunities and threats faced by the vendors in the global micro hybrid vehicle market?
  • Trending factors influencing the market shares for the global micro hybrid vehicle market?
  • Market shares for APAC, Americas, and EMEA?
  • Key outcome of the five forces analysis on the global micro hybrid vehicle market?
  • Growth forecast of the global micro hybrid vehicle market?
Technavio also offers customization on reports based on specific client requirement.

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  • Low Emission Vehicle Market in the US 2015-2019
  • Global Armoured Vehicles Upgrade and Retrofit Market 2015-2019
  • Global Unmanned Underwater Vehicles Market 2015-2019


Press Release

Technavio Announces the Publication of its Research Report – Global Micro-Hybrid Vehicle Market 2015-2019
Technavio recognizes the following companies as the key players in the Global Micro-Hybrid Vehicle Market: Audi, BMW, Daimler, GM and Toyota
Other Prominent Vendors in the market are: Fiat, Hyundai, Iran Khodro, Jaguar Land Rover, Kia, Mahindra & Mahindra, Mazda, Nissan, and Porsche.
Commenting on the report, an analyst from Technavio’s team said: “The focus of various vendors has shifted to the development of Li-ion batteries, and the advancements in technology in this area have been propelling the growth of this sector. The battery is one of the important components of micro hybrid vehicles. Concerns for environmental protection are on the rise worldwide and this has led to the rapid technological changes that would reduce the impact of vehicle emissions on the environment.”
According to the report, the global micro hybrid vehicle market is expected to be primarily driven by the increase in government policies that favor both consumers and automobile manufacturers to manufacture such vehicles, in the form of tax rebates and financial incentives, among others.
Further, the report states that the growth of the global micro hybrid vehicle market is curtailed by many challenges. The decline in fuel prices would reduce the cost benefit of the fuel efficiency offered by this form of vehicle.

Companies Mentioned

Audi, BMW, Daimler, GM, Toyota, Fiat, Hyundai, Iran Khodro, Jaguar Land Rover, Kia, Mahindra & Mahindra, Mazda, Nissan, Porsche.

  • Executive summary
    • Highlights
  • Scope of the report
    • Market overview
    • Top-vendor offerings
      • Table Product offerings
  • Market research Methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
      • Table Micro hybrid principle
      • Table Parametric comparison of various hybrid vehicles
    • Micro hybrid: market dynamics
      • Table Working of a micro hybrid
  • Market landscape
    • Market overview
      • Table Global micro hybrid vehicle market
    • Components of micro hybrid vehicles
      • Table Component group of advanced micro hybrid vehicle
    • Market size and forecast
      • Table Global micro hybrid vehicle market 2014-2019 (millions of units)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by vehicle types
    • Table Global micro hybrid vehicle market by vehicle segmentation 2014 and 2019
    • Global light micro hybrid vehicle market
      • Table Global light micro hybrid vehicle market 2014-2019 (millions of units)
    • Global heavy micro hybrid vehicle market
      • Table Global hybrid heavy vehicle market 2014-2019 (millions of units)
  • Market segmentation by batteries
    • Global micro hybrid vehicle market by batteries
      • Table Global micro hybrid vehicle market by battery type 2014 and 2019
      • Table Global micro hybrid vehicle market 2014-2019 by battery type (millions of units)
    • Global micro hybrid vehicle market by 12V battery
      • Table Global micro hybrid vehicle market by 12V battery 2014-2019 (millions of units)
      • Table Battery technologies for micro hybrid vehicles
    • Global micro hybrid vehicle market by 48V battery
      • Table Global micro hybrid vehicle market by 48V battery 2014-2019 (millions of units)
  • Geographical segmentation
    • Table Global micro hybrid vehicle market by geography 2014 and 2019
    • Table Segmentation of global micro hybrid vehicle market by geography 2014-2019 (millions of units)
    • Micro hybrid vehicle market in EMEA
      • Table Micro hybrid vehicle market in EMEA 2014-2019 (millions of units)
    • Micro hybrid vehicle market in APAC
      • Table Micro hybrid vehicle market in APAC 2014-2019 (millions of units)
    • Micro hybrid vehicle market in Americas
      • Table Micro hybrid vehicle market in Americas 2014-2019 (millions of units)
  • Key evaluation criteria
  • Market drivers
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
    • Table Dynamics of Li-ion batteries
  • Vendor landscape
    • Key news
    • Other prominent vendors
  • Key vendor analysis
    • Audi
      • Table Audi: Business segmentation by revenue 2014
      • Table Audi: Business segmentation by revenue 2013 and 2014 ($ billions)
      • Table Audi: Geographical segmentation by revenue 2014
    • BMW
      • Table BMW: Business segmentation by revenue 2014
      • Table BMW: Business segmentation by revenue 2013 and 2014 ($ billions)
      • Table BMW: Geographical segmentation by revenue 2014
    • Daimler
      • Table Daimler: Business segmentation
      • Table Daimler: Business segmentation by revenue 2014
      • Table Daimler: Business segmentation by revenue 2013 and 2014 ($ billions)
      • Table Daimler: Geographical segmentation by revenue 2014
    • General Motors
      • Table General Motors: Business/product segmentation by revenue 2014
      • Table General Motors: Business/Product segmentation by revenue 2012 and 2013 ($ billions)
      • Table General Motors: Geographical segmentation by revenue 2014
    • Toyota
      • Table Business segmentation by revenue 2015
  • Appendix
    • List of abbreviation
  • Explore Technavio

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