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Hybrid & Electric Cars in the United Kingdom

Publisher MarketLine
Published Jun 05, 2025
Length 51 Pages
SKU # MTLN20304025

Description

Hybrid & Electric Cars in the United Kingdom

Summary

Hybrid & Electric Cars in the United Kingdom 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 UK hybrid & electric cars market recorded revenues of $44,917 million in 2024, representing a compound annual growth rate (CAGR) of 36.1% between 2019 and 2024.
  • Market consumption volume increased with a CAGR of 37.9% between 2019 and 2024, reaching a total of 889,768.0 units in 2024.
  • The growth of the hybrid & electric cars market in the UK in 2024 was driven by high fuel prices. According to the UK Department for Energy Security, average petrol prices in the UK rose by 5.9% in August 2024 compared to August 2023.
Scope
  • 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 United Kingdom
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the hybrid & electric cars market in the United Kingdom
  • 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 United Kingdom hybrid & electric cars market with five year forecasts
Reasons to Buy
  • What was the size of the United Kingdom hybrid & electric cars market by value in 2024?
  • What will be the size of the United Kingdom hybrid & electric cars market in 2029?
  • What factors are affecting the strength of competition in the United Kingdom hybrid & electric cars market?
  • How has the market performed over the last five years?
  • What are the main segments that make up the United Kingdom's hybrid & electric cars market?

Table of Contents

51 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. Toyota Motor Corp
8.2. Volkswagen AG
8.3. Bayerische Motoren Werke AG
8.4. Tesla Inc
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: United Kingdom hybrid & electric cars market value: $ million, 2019-24
Table 2: United Kingdom hybrid & electric cars market volume: Units, 2019-24
Table 3: United Kingdom hybrid & electric cars market category segmentation: % share, by value, 2019-24
Table 4: United Kingdom hybrid & electric cars market category segmentation: $ million, 2019-24
Table 5: United Kingdom hybrid & electric cars market geography segmentation: $ million, 2024
Table 6: United Kingdom hybrid & electric cars market value forecast: $ million, 2024-29
Table 7: United Kingdom hybrid & electric cars market volume forecast: Units, 2024-29
Table 8: Toyota Motor Corp: Key Facts
Table 9: Toyota Motor Corp: Annual Financial Ratios
Table 10: Toyota Motor Corp: Key Employees
Table 11: Toyota Motor Corp: Key Employees Continued
Table 12: Volkswagen AG: Key Facts
Table 13: Volkswagen AG: Annual Financial Ratios
Table 14: Volkswagen AG: Key Employees
Table 15: Volkswagen AG: Key Employees Continued
Table 16: Bayerische Motoren Werke AG: Key Facts
Table 17: Bayerische Motoren Werke AG: Annual Financial Ratios
Table 18: Bayerische Motoren Werke AG: Key Employees
Table 19: Bayerische Motoren Werke AG: Key Employees Continued
Table 20: Tesla Inc: Key Facts
Table 21: Tesla Inc: Annual Financial Ratios
Table 22: Tesla Inc: Key Employees
Table 23: United Kingdom Size of Population (Million), 2020-24
Table 24: United Kingdom Real GDP (Constant 2010 Prices, $ Billion), 2020-24
Table 25: United Kingdom GDP (Current Prices, $ Billion), 2020-24
Table 26: United Kingdom Inflation, 2020-24
Table 27: United Kingdom Consumer Price Index (Absolute), 2020-24
Table 28: United Kingdom Exchange Rate, 2019-24
List of Figures
Figure 1: United Kingdom hybrid & electric cars market value: $ million, 2019-24
Figure 2: United Kingdom hybrid & electric cars market volume: Units, 2019-24
Figure 3: United Kingdom hybrid & electric cars market category segmentation: $ million, 2019-24
Figure 4: United Kingdom hybrid & electric cars market geography segmentation: % share, by value, 2024
Figure 5: United Kingdom hybrid & electric cars market value forecast: $ million, 2024-29
Figure 6: United Kingdom hybrid & electric cars market volume forecast: Units, 2024-29
Figure 7: Forces driving competition in the hybrid & electric cars market in the United Kingdom, 2024
Figure 8: Drivers of buyer power in the hybrid & electric cars market in the United Kingdom, 2024
Figure 9: Drivers of supplier power in the hybrid & electric cars market in the United Kingdom, 2024
Figure 10: Factors influencing the likelihood of new entrants in the hybrid & electric cars market in the United Kingdom, 2024
Figure 11: Factors influencing the threat of substitutes in the hybrid & electric cars market in the United Kingdom, 2024
Figure 12: Drivers of degree of rivalry in the hybrid & electric cars market in the United Kingdom, 2024

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