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Hybrid Vehicle Market by Electric Powertrain (Parallel, Series), Degree of Hybridization (Full, Micro, and Mild), Propulsion (HEV, PHEV, and NGV), Vehicle Type (PC, CV), Component (Battery, Electric Motor, and Transmission), and Region - Global Forecast t

Hybrid Vehicle Market by Electric Powertrain (Parallel, Series), Degree of Hybridization (Full, Micro, and Mild), Propulsion (HEV, PHEV, and NGV), Vehicle Type (PC, CV), Component (Battery, Electric Motor, and Transmission), and Region - Global Forecast to 2025

“Government initiatives supporting the development of HEVs and PHEVs are likely to propel the hybrid vehicle market”
The hybrid vehicle market is estimated to be 4,169 thousand units in 2018 and is projected to grow at a CAGR of 8.94% during the forecast period (2018-2025), to reach a market size of 7,593 thousand units by 2025. To reduce greenhouse gas emissions, governments in various countries are taking initiatives to create clean energy sources. Governments are increasingly investing in alternative sources of energy, such as HEVs, PHEV, NGVs, BEVs, and fuel cells. Hybrid vehicles are more fuel efficient than gasoline and diesel vehicles due to which the government is providing tax rebates and purchase grants to promote HEVs and PHEVs. Governments in various countries are also promoting NGVs as they have better fuel efficiency compared to fossil fuel-powered vehicles. Along with rebates and purchase grants, governments are supporting the electric infrastructure which is likely to increase the demand for PHEVs in the coming years. The increasing demand for Battery Electric Vehicles (BEVs) and Fuel Cell Electric Vehicles (FCEVs) is likely to be a major restraint for the growth of hybrid vehicles.

“The PHEV is estimated to be the fastest growing segment of the hybrid vehicle market, by propulsion, in terms of volume”
The trend in hybrid vehicles is growing toward PHEVs and Natural Gas Vehicles (NGVs). It is seen that the demand for hybrid vehicles is either falling or growing slowly. This is possibly due to the continuous decrease in the battery price as developed nations are focusing more toward zero-emission vehicles to cope with stringent emission standards. However, the sale of PHEVs and NGVs is rising due to the availability of these cars in mid- and large-sized segment. PHEVs and NGVs have better fuel efficiency compared to HEVs. PHEVs in larger vehicles are popular due to the increased complexity and cost in the development of dual powertrain systems on a smaller car. Norway and Sweden are focusing on consumer preferences for large PHEVs rather than making small electric vehicles which have boosted the sales of PHEVs over the years.

“The commercial vehicle segment is the fastest growing segment of hybrid vehicle market”
Though the passenger car market is estimated to be the largest in the hybrid vehicle market, commercial vehicle market is estimated to be the fastest growing market. The developments in terms of reducing emissions are also being seen in the commercial vehicle segment. OEMs such as Volvo, Scania, Daimler, and others are focusing on developing hybrid commercial vehicles to cope with the stringent emission norms. Also, a significant rise in freight sector has boosted the demand for commercial long haulage trucks. OEMs are developing hybrid trucks with benefits such as low emission and high fuel efficiency. This would enable high growth in the freight sector which relatively will increase the demand for hybrid commercial vehicles.

“Asia Pacific is estimated to be the fastest growing regional market for hybrid vehicles”
Asia Pacific is estimated to be the fastest growing market for hybrid vehicles, with Japan accounting for the largest market share in 2018. The market growth in the region can be attributed to the increased focus on the development of hybrid vehicle technology. The Asia Pacific region is home to major hybrid vehicle manufacturers, such as Toyota, Honda, Nissan, Kia, BYD, and Hyundai. Also, the government in the region is supporting the development of PHEVs and NGVs by providing purchase grants and tax rebates. The support from government and increasing sales are likely to boost the hybrid vehicle market in the region.

The study contains insights provided by various industry experts, ranging from equipment suppliers to Tier-1 companies and OEMs. The break-up of the primaries is as follows:
By Company Type: Tier-1-43%, Tier-2-36%, and Tier 3-21%
By Designation: C—level Executives -57%, Directors-29%, Others-14%
By Region: North America-29%, Europe-38%, Asia Pacific-26%, RoW-7%

The report provides detailed profiles of the following companies
Toyota (Japan)
Ford (US)
Daimler (Germany)
Volvo (Sweden)
Hyundai (South Korea)
Honda (Japan)
Continental (Germany)
ZF (Germany)
Allison Transmission (US)
BorgWarner (Germany)
Schaeffler (Germany)
Bosch (Germany)
Mitsubishi (Japan)
GM (US)
Magna (Canada)

Research Coverage
The hybrid vehicle market has been segmented by electric powertrain type (parallel and series), component (battery, electric motor and transmission), propulsion (HEV, PHEV, and NGV), degree of hybridization (full hybrid, micro hybrid and mild hybrid), vehicle type (passenger car and commercial vehicle), and region (Asia Pacific, Europe, North America, and Rest of the World). The market has been projected in terms of volume (units).

Reasons to Buy the Report:
The report provides insights into the following points:
Market Penetration: The report provides comprehensive information on hybrid vehicle market and the top players in the industry.
Regulatory Framework: The report offers detailed insights into norms leading to the hybrid vehicles and the effect of the regulations on the market.
Market Development: The report provides comprehensive information on various technologies of hybrid vehicles. The report analyzes the markets for various hybrid vehicle technologies across different countries.
Market Diversification: The report provides exhaustive information about emerging technologies, recent developments, and investments in the global hybrid vehicle market.
Competitive Assessment: The report offers an in-depth assessment of strategies, services, and manufacturing capabilities of leading players in the global hybrid vehicle market.


  • INTRODUCTION
    • OBJECTIVES
    • MARKET DEFINITION
    • MARKET SCOPE
      • YEARS CONSIDERED FOR THE STUDY
    • CURRENCY & PRICING
      • Table CURRENCY EXCHANGE RATES (W.R.T. USD)
    • PACKAGE SIZE
    • LIMITATIONS
    • STAKEHOLDERS
  • RESEARCH METHODOLOGY
    • RESEARCH DATA
    • SECONDARY DATA
      • KEY SECONDARY SOURCES
      • KEY DATA FROM SECONDARY SOURCES
    • PRIMARY DATA
      • SAMPLING TECHNIQUES & DATA COLLECTION METHODS
      • PRIMARY PARTICIPANTS
    • MARKET SIZE ESTIMATION
      • BOTTOM-UP APPROACH
    • MARKET BREAKDOWN AND DATA TRIANGULATION
    • ASSUMPTIONS
  • EXECUTIVE SUMMARY
  • PREMIUM INSIGHTS
    • ATTRACTIVE OPPORTUNITIES IN THE HYBRID VEHICLE MARKET
    • HYBRID VEHICLE MARKET, BY ELECTRIC POWERTRAIN TYPE, 2018–2025
    • HYBRID VEHICLE MARKET, BY DEGREE OF HYBRIDIZATION, 2018–2025
    • HYBRID VEHICLE MARKET, BY PROPULSION, 2018–2025
    • HYBRID VEHICLE MARKET, BY COMPONENT TYPE, 2018–2025
    • HYBRID VEHICLE MARKET, BY VEHICLE TYPE, 2018–2025
    • HYBRID VEHICLE MARKET, BY REGION, 2018–2025
  • MARKET OVERVIEW
    • INTRODUCTION
    • MARKET DYNAMICS
      • DRIVERS
        • Table HEAVY-DUTY VEHICLE EMISSION REGULATION SCENARIO FOR EUROPE
      • RESTRAINTS
      • OPPORTUNITIES
        • Table OVERVIEW OF GLOBAL TAX SUBSIDIES FOR HYBRID VEHICLES
      • CHALLENGES
    • UPCOMING HYBRID VEHICLE MODELS
      • Table UPCOMING HYBRID VEHICLE MODELS
    • CNG STATION NUMBERS IN KEY COUNTRIES OF EUROPE, 2016
    • NATURAL GAS (NG) STATION NUMBERS IN KEY COUNTRIES, 2018
  • TECHNOLOGY OVERVIEW
    • INTRODUCTION
      • Table KEY FUNCTIONS OF HYBRID VEHICLES
    • MICRO HYBRID
    • MILD HYBRIDS
    • 48 V LI-ION BATTERY OF MILD HYBRID TECHNOLOGY ROADMAP
    • FULL HYBRIDS
    • PLUG-IN HYBRIDS
  • HYBRID VEHICLE MARKET, BY ELECTRIC POWERTRAIN TYPE
    • INTRODUCTION
      • Table HYBRID VEHICLE MARKET: BY ELECTRIC POWERTRAIN TYPE, 2016–2025 (THOUSAND UNITS)
    • PARALLEL HYBRID
      • Table PARALLEL HYBRID: HYBRID VEHICLE MARKET, BY PROPULSION, 2016–2025 (THOUSAND UNITS)
    • SERIES HYBRID
      • Table SERIES HYBRID: HYBRID VEHICLE MARKET, BY PROPULSION, 2016–2025 (THOUSAND UNITS)
  • HYBRID VEHICLE MARKET, BY PROPULSION
    • INTRODUCTION
      • Table HYBRID VEHICLE MARKET SIZE, BY PROPULSION, 2016–2025 ( THOUSAND UNITS)
    • HEV
      • Table HEV: HYBRID VEHICLE MARKET, BY REGION, 2016–2025 (UNITS)
    • PHEV
      • Table PHEV: HYBRID VEHICLE MARKET, BY REGION, 2016–2025 (UNITS)
    • NGV
      • Table NGV: HYBRID VEHICLE MARKET, BY REGION, 2016–2025 (UNITS)
  • HYBRID VEHICLE MARKET, BY DEGREE OF HYBRIDIZATION
    • INTRODUCTION
      • Table HYBRID VEHICLE MARKET: BY DEGREE OF HYBRIDIZATION, 2016–2025 (THOUSAND UNITS)
    • MICRO HYBRID
      • Table MICRO HYBRID: HYBRID VEHICLE MARKET, BY REGION, 2016–2025 (THOUSAND UNITS)
      • Table MICRO HYBRID: HYBRID VEHICLE MARKET, BY VEHICLE TYPE, 2016–2025 (THOUSAND UNITS)
    • MILD HYBRID
      • Table MILD HYBRID: HYBRID VEHICLE MARKET, BY REGION, 2016–2025 (THOUSAND UNITS)
      • Table MILD HYBRID: HYBRID VEHICLE MARKET, BY VEHICLE TYPE, 2016–2025 (THOUSAND UNITS)
    • FULL HYBRID VEHICLE
      • Table FULL HYBRID: HYBRID VEHICLE MARKET, BY REGION, 2016-2025 (THOUSAND UNITS)
      • Table FULL HYBRID: HYBRID VEHICLE MARKET, BY VEHICLE TYPE, 2016–2025 (THOUSAND UNITS)
  • HYBRID VEHICLE MARKET, BY COMPONENT TYPE
    • INTRODUCTION
      • Table HYBRID VEHICLE MARKET, BY COMPONENT TYPE, 2016–2025 (THOUSAND UNITS)
    • ELECTRIC MOTOR
      • Table ELECTRIC MOTOR: HYBRID VEHICLE MARKET, BY REGION, 2016–2025 (UNITS)
      • DC/DC CONVERTER
      • DC/AC CONVERTER
        • Table ELECTRIC MOTOR: HYBRID VEHICLE MARKET, BY CONVERTER TYPE, 2016–2025 (UNITS)
    • TRANSMISSION
      • Table TRANSMISSION: HYBRID VEHICLE MARKET, BY REGION, 2016–2025 (UNITS)
    • BATTERY
      • Table BATTERY: HYBRID VEHICLE MARKET, BY REGION, 2016–2025 (UNITS)
  • HYBRID VEHICLE MARKET, BY VEHICLE TYPE
    • INTRODUCTION
      • Table HYBRID VEHICLE MARKET SIZE, BY VEHICLE TYPE, 2016–2025 (THOUSAND UNITS)
    • PASSENGER CAR
      • Table PASSENGER CAR: HYBRID VEHICLE MARKET SIZE, BY REGION, 2016–2025 (THOUSAND UNITS)
    • COMMERCIAL VEHICLE
      • Table COMMERCIAL VEHICLE: HYBRID VEHICLE MARKET, BY REGION, 2016–2025 (THOUSAND UNITS)
  • HYBRID VEHICLE MARKET, BY REGION
    • INTRODUCTION
      • Table HYBRID VEHICLE MARKET, BY REGION, 2016–2025 (THOUSAND UNITS)
    • ASIA PACIFIC
      • Table ASIA PACIFIC: HYBRID VEHICLE MARKET, BY COUNTRY, 2016–2025 (THOUSAND UNITS)
      • Table ASIA PACIFIC: HYBRID VEHICLE MARKET, BY VEHICLE TYPE, 2016–2025 (THOUSAND UNITS)
      • CHINA
        • Table CHINA: HYBRID VEHICLE MARKET, BY PROPULSION TYPE, 2016–2025 (UNITS)
      • INDIA
        • Table INDIA: HYBRID VEHICLE MARKET, BY PROPULSION TYPE, 2016–2025 (UNITS)
      • JAPAN
        • Table JAPAN: HYBRID VEHICLE MARKET, BY PROPULSION TYPE, 2016–2025 (UNITS)
      • SOUTH KOREA
        • Table SOUTH KOREA: HYBRID VEHICLE MARKET, BY PROPULSION TYPE, 2016–2025 (UNITS)
    • EUROPE
      • Table EUROPE: HYBRID VEHICLE MARKET, BY COUNTRY, 2016–2025 (THOUSAND UNITS)
      • Table EUROPE: HYBRID VEHICLE MARKET, BY VEHICLE TYPE, 2016–2025 (THOUSAND UNITS)
      • FRANCE
        • Table FRANCE: HYBRID VEHICLE MARKET, BY PROPULSION TYPE, 2016–2025 (UNITS)
      • GERMANY
        • Table GERMANY: HYBRID VEHICLE MARKET, BY PROPULSION TYPE, 2016–2025 (UNITS)
      • ITALY
        • Table ITALY: HYBRID VEHICLE MARKET, BY PROPULSION TYPE, 2016–2025 (UNITS)
      • THE NETHERLANDS
        • Table THE NETHERLANDS: HYBRID VEHICLE MARKET, BY PROPULSION TYPE, 2016–2025 (UNITS)
      • NORWAY
        • Table NORWAY: HYBRID VEHICLE MARKET, BY PROPULSION TYPE, 2016–2025 (UNITS)
      • SWEDEN
        • Table SWEDEN: HYBRID VEHICLE MARKET, BY PROPULSION TYPE, 2016–2025 (UNITS)
      • UK
        • Table UK: HYBRID VEHICLE MARKET, BY PROPULSION TYPE, 2016–2025 (UNITS)
    • NORTH AMERICA
      • Table NORTH AMERICA: HYBRID VEHICLE MARKET, BY COUNTRY, 2016–2025 (THOUSAND UNITS)
      • Table NORTH AMERICA: HYBRID VEHICLE MARKET, BY VEHICLE TYPE, 2016–2025 (THOUSAND UNITS)
      • CANADA
        • Table CANADA: HYBRID VEHICLE MARKET, BY PROPULSION TYPE, 2016–2025 (UNITS)
      • MEXICO
        • Table MEXICO: HYBRID VEHICLE MARKET, BY PROPULSION TYPE, 2016–2025 (UNITS)
      • US
        • Table US: HYBRID VEHICLE MARKET, BY PROPULSION TYPE, 2016–2025 (UNITS)
    • ROW
      • Table ROW: HYBRID VEHICLE MARKET, BY COUNTRY, 2016–2025 (THOUSAND UNITS)
      • Table ROW: HYBRID VEHICLE MARKET, BY VEHICLE TYPE, 2016–2025 (THOUSAND UNITS)
      • BRAZIL
        • Table BRAZIL: HYBRID VEHICLE MARKET, BY PROPULSION TYPE, 2016–2025 (UNITS)
      • RUSSIA
        • Table RUSSIA: HYBRID VEHICLE MARKET, BY PROPULSION TYPE, 2016–2025 (UNITS)
  • COMPETITIVE LANDSCAPE
    • OVERVIEW
    • MARKET RANKING ANALYSIS
    • COMPETITIVE SCENARIO
      • NEW PRODUCT DEVELOPMENTS
        • Table NEW PRODUCT DEVELOPMENTS, 2017–2018
      • COLLABORATIONS/JOINT VENTURES/SUPPLY CONTRACTS/PARTNERSHIPS/AGREEMENTS
        • Table COLLABORATIONS/JOINT VENTURES/SUPPLY CONTRACTS/PARTNERSHIPS/AGREEMENTS, 2015–2017
      • EXPANSIONS, 2016–2018
      • MERGERS & ACQUISITIONS, 2017
  • COMPANY PROFILES
    • KEY PLAYERS
      • TOYOTA
      • FORD
      • VOLVO
      • CONTINENTAL
      • ZF
      • DAIMLER
      • HYUNDAI
      • HONDA
      • SCHAEFLER
      • BORGWARNER
      • DELPHI TECHNOLOGIES
      • ALLISON TRANSMISSION
    • KEY PLAYERS FROM OTHER REGIONS
      • NORTH AMERICA
      • EUROPE
      • ASIA PACIFIC
      • REST OF THE WORLD (ROW)
  • APPENDIX
    • DISCUSSION GUIDE – HYBRID VEHICLE MARKET
    • KNOWLEDGE STORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
    • INTRODUCING RT: REAL TIME MARKET INTELLIGENCE
    • AVAILABLE CUSTOMIZATIONS
    • RELATED REPORTS
    • AUTHOR DETAILS

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