
Global Hybrid & Electric Cars
Description
Global Hybrid & Electric Cars
Summary
Global Hybrid & Electric Cars industry profile provides top-line qualitative and quantitative summary information including: market size (value 2019-24, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
Summary
Global Hybrid & Electric Cars industry profile provides top-line qualitative and quantitative summary information including: market size (value 2019-24, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- Hybrid & electric cars market includes the initial retail sale/registration of new electric and hybrid passenger cars. Passenger cars include saloons/sedans, hatchbacks, SUVs, 4x4s, and other related vehicles. Market value is calculated at the retail selling price (RSP) and the market volume is given in terms of units sold.
- The global hybrid & electric cars market recorded revenues of $1,022,687.4 million in 2024, representing a compound annual growth rate (CAGR) of 36.4% between 2019 and 2024.
- Market consumption volume increased with a CAGR of 37.5% between 2019 and 2024, reaching a total of 23,791,720.0 units in 2024.
- The growth of the global hybrid & electric cars market in 2024 was primarily driven by the increase in disposable income. Rising wages boosted vehicle purchasing, resulting in increased vehicle registrations and a shift from public transport to personal mobility among a broader population. According to the National Bureau of Statistics (NBS) of China, in 2024, the per capita disposable income in China reached CNY41,314 ($5,740.2), marking a 5.3% increase over 2023.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the hybrid & electric cars market in the global
- 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
- What was the size of the Global hybrid & electric cars market by value in 2024?
- What will be the size of the Global hybrid & electric cars market in 2029?
- 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's hybrid & electric cars market?
Table of Contents
54 Pages
- 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. Market rivalry
- 1.8. Competitive landscape
- 2 Market Overview
- 2.1. Market definition
- 2.2. Market analysis
- 3 Market Data
- 3.1. Market value
- 3.2. Market volume
- 4 Market Segmentation
- 4.1. Category segmentation
- 4.2. Geography segmentation
- 5 Market Outlook
- 5.1. Market value forecast
- 5.2. Market volume forecast
- 6 Five Forces Analysis
- 6.1. Summary
- 6.2. Buyer power
- 6.3. Supplier power
- 6.4. New entrants
- 6.5. Threat of substitutes
- 6.6. Degree of rivalry
- 7 Competitive Landscape
- 7.1. Who are the leading players?
- 7.2. What strategies do the leading players follow?
- 7.3. What are the recent developments in the market?
- 8 Company Profiles
- 8.1. Tesla Inc
- 8.2. BYD Co Ltd
- 8.3. Toyota Motor Corp
- 8.4. Volkswagen AG
- 8.5. Bayerische Motoren Werke AG
- 9 Macroeconomic Indicators
- 9.1. Country data
- 10 Appendix
- 10.1. Methodology
- 10.2. Industry associations
- 10.3. Related MarketLine research
- 10.4. About MarketLine
- List of Tables
- Table 1: Global hybrid & electric cars market value: $ million, 2019-24
- Table 2: Global hybrid & electric cars market volume: Units, 2019-24
- Table 3: Global hybrid & electric cars market category segmentation: % share, by value, 2019-24
- Table 4: Global hybrid & electric cars market category segmentation: $ million, 2019-24
- Table 5: Global hybrid & electric cars market geography segmentation: $ million, 2024
- Table 6: Global hybrid & electric cars market value forecast: $ million, 2024-29
- Table 7: Global hybrid & electric cars market volume forecast: Units, 2024-29
- Table 8: Tesla Inc: Key Facts
- Table 9: Tesla Inc: Annual Financial Ratios
- Table 10: Tesla Inc: Key Employees
- Table 11: BYD Co Ltd: Key Facts
- Table 12: BYD Co Ltd: Annual Financial Ratios
- Table 13: BYD Co Ltd: Key Employees
- Table 14: Toyota Motor Corp: Key Facts
- Table 15: Toyota Motor Corp: Annual Financial Ratios
- Table 16: Toyota Motor Corp: Key Employees
- Table 17: Toyota Motor Corp: Key Employees Continued
- Table 18: Volkswagen AG: Key Facts
- Table 19: Volkswagen AG: Annual Financial Ratios
- Table 20: Volkswagen AG: Key Employees
- Table 21: Volkswagen AG: Key Employees Continued
- Table 22: Bayerische Motoren Werke AG: Key Facts
- Table 23: Bayerische Motoren Werke AG: Annual Financial Ratios
- Table 24: Bayerische Motoren Werke AG: Key Employees
- Table 25: Bayerische Motoren Werke AG: Key Employees Continued
- Table 26: Global Exchange Rate, 2019-24
- List of Figures
- Figure 1: Global hybrid & electric cars market value: $ million, 2019-24
- Figure 2: Global hybrid & electric cars market volume: Units, 2019-24
- Figure 3: Global hybrid & electric cars market category segmentation: $ million, 2019-24
- Figure 4: Global hybrid & electric cars market geography segmentation: % share, by value, 2024
- Figure 5: Global hybrid & electric cars market value forecast: $ million, 2024-29
- Figure 6: Global hybrid & electric cars market volume forecast: Units, 2024-29
- Figure 7: Forces driving competition in the global hybrid & electric cars market, 2024
- Figure 8: Drivers of buyer power in the global hybrid & electric cars market, 2024
- Figure 9: Drivers of supplier power in the global hybrid & electric cars market, 2024
- Figure 10: Factors influencing the likelihood of new entrants in the global hybrid & electric cars market, 2024
- Figure 11: Factors influencing the threat of substitutes in the global hybrid & electric cars market, 2024
- Figure 12: Drivers of degree of rivalry in the global hybrid & electric cars market, 2024
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