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Hybrid Vehicle-Global Market Insights and Sales Trends 2025
Synopsis
A hybrid vehicle uses two or more distinct types of power, such as internal combustion engine to drive an electric generator that powers an electric motor.
The global Hybrid Vehicle market size is expected to reach US$ 136130 million by 2029, growing at a CAGR of 23.8% from 2023 to 2029. The market is mainly driven by the significant applications of Hybrid Vehicle in various end use industries. The expanding demands from the Transportation, Industrial, Military and Manufacture, are propelling Hybrid Vehicle market. Parallel Hybrid Vehicle, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Series Hybrid Vehicle segment is estimated at % CAGR for the next seven-year period.
Automotive is a key driver of this industry. According to data from the World Automobile Organization (OICA), global automobile production and sales in 2017 reached their peak in the past 10 years, at 97.3 million and 95.89 million respectively. In 2018, the global economic expansion ended, and the global auto market declined as a whole. In 2022, there will wear units 81.6 million vehicles in the world. At present, more than 90% of the world's automobiles are concentrated in the three continents of Asia, Europe and North America, of which Asia automobile production accounts for 56% of the world, Europe accounts for 20%, and North America accounts for 16%. The world major automobile producing countries include China, the United States, Japan, South Korea, Germany, India, Mexico, and other countries; among them, China is the largest automobile producing country in the world, accounting for about 32%. Japan is the world's largest car exporter, exporting more than 3.5 million vehicles in 2022.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Hybrid Vehicle, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Hybrid Vehicle market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Hybrid Vehicle market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Hybrid Vehicle sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Hybrid Vehicle covered in this report include Volvo Group, Volkswagen Group, Toyota, Tata, Suzuki, Renault, PSA, Nissan and Hyundai, etc.
The global Hybrid Vehicle market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Volvo Group
Volkswagen Group
Toyota
Tata
Suzuki
Renault
PSA
Nissan
Hyundai
Honda
General Motors
Ford
Daimler
Chrysler
BYD
Global Hybrid Vehicle market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Hybrid Vehicle market, Segment by Type:
Parallel Hybrid Vehicle
Series Hybrid Vehicle
Global Hybrid Vehicle market, by Application
Transportation
Industrial
Military
Manufacture
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Hybrid Vehicle manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Hybrid Vehicle in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
A hybrid vehicle uses two or more distinct types of power, such as internal combustion engine to drive an electric generator that powers an electric motor.
The global Hybrid Vehicle market size is expected to reach US$ 136130 million by 2029, growing at a CAGR of 23.8% from 2023 to 2029. The market is mainly driven by the significant applications of Hybrid Vehicle in various end use industries. The expanding demands from the Transportation, Industrial, Military and Manufacture, are propelling Hybrid Vehicle market. Parallel Hybrid Vehicle, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Series Hybrid Vehicle segment is estimated at % CAGR for the next seven-year period.
Automotive is a key driver of this industry. According to data from the World Automobile Organization (OICA), global automobile production and sales in 2017 reached their peak in the past 10 years, at 97.3 million and 95.89 million respectively. In 2018, the global economic expansion ended, and the global auto market declined as a whole. In 2022, there will wear units 81.6 million vehicles in the world. At present, more than 90% of the world's automobiles are concentrated in the three continents of Asia, Europe and North America, of which Asia automobile production accounts for 56% of the world, Europe accounts for 20%, and North America accounts for 16%. The world major automobile producing countries include China, the United States, Japan, South Korea, Germany, India, Mexico, and other countries; among them, China is the largest automobile producing country in the world, accounting for about 32%. Japan is the world's largest car exporter, exporting more than 3.5 million vehicles in 2022.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Hybrid Vehicle, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Hybrid Vehicle market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Hybrid Vehicle market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Hybrid Vehicle sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Hybrid Vehicle covered in this report include Volvo Group, Volkswagen Group, Toyota, Tata, Suzuki, Renault, PSA, Nissan and Hyundai, etc.
The global Hybrid Vehicle market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Volvo Group
Volkswagen Group
Toyota
Tata
Suzuki
Renault
PSA
Nissan
Hyundai
Honda
General Motors
Ford
Daimler
Chrysler
BYD
Global Hybrid Vehicle market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Hybrid Vehicle market, Segment by Type:
Parallel Hybrid Vehicle
Series Hybrid Vehicle
Global Hybrid Vehicle market, by Application
Transportation
Industrial
Military
Manufacture
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Hybrid Vehicle manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Hybrid Vehicle in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Hybrid Vehicle Market Overview
1.1 Hybrid Vehicle Product Overview
1.2 Hybrid Vehicle Market Segment by Type
1.2.1 Parallel Hybrid Vehicle
1.2.2 Series Hybrid Vehicle
1.3 Global Hybrid Vehicle Market Size by Type
1.3.1 Global Hybrid Vehicle Market Size Overview by Type (2018-2029)
1.3.2 Global Hybrid Vehicle Historic Market Size Review by Type (2018-2023)
1.3.3 Global Hybrid Vehicle Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Hybrid Vehicle Sales Breakdown by Type (2018-2023)
1.4.2 Europe Hybrid Vehicle Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Hybrid Vehicle Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Hybrid Vehicle Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Hybrid Vehicle Sales Breakdown by Type (2018-2023)
2 Global Hybrid Vehicle Market Competition by Company
2.1 Global Top Players by Hybrid Vehicle Sales (2018-2023)
2.2 Global Top Players by Hybrid Vehicle Revenue (2018-2023)
2.3 Global Top Players by Hybrid Vehicle Price (2018-2023)
2.4 Global Top Manufacturers Hybrid Vehicle Manufacturing Base Distribution, Sales Area, Product Type
2.5 Hybrid Vehicle Market Competitive Situation and Trends
2.5.1 Hybrid Vehicle Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Hybrid Vehicle Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Hybrid Vehicle as of 2022)
2.7 Date of Key Manufacturers Enter into Hybrid Vehicle Market
2.8 Key Manufacturers Hybrid Vehicle Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Hybrid Vehicle Status and Outlook by Region
3.1 Global Hybrid Vehicle Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Hybrid Vehicle Historic Market Size by Region
3.2.1 Global Hybrid Vehicle Sales in Volume by Region (2018-2023)
3.2.2 Global Hybrid Vehicle Sales in Value by Region (2018-2023)
3.2.3 Global Hybrid Vehicle Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Hybrid Vehicle Forecasted Market Size by Region
3.3.1 Global Hybrid Vehicle Sales in Volume by Region (2024-2029)
3.3.2 Global Hybrid Vehicle Sales in Value by Region (2024-2029)
3.3.3 Global Hybrid Vehicle Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Hybrid Vehicle by Application
4.1 Hybrid Vehicle Market Segment by Application
4.1.1 Transportation
4.1.2 Industrial
4.1.3 Military
4.1.4 Manufacture
4.1.5 Others
4.2 Global Hybrid Vehicle Market Size by Application
4.2.1 Global Hybrid Vehicle Market Size Overview by Application (2018-2029)
4.2.2 Global Hybrid Vehicle Historic Market Size Review by Application (2018-2023)
4.2.3 Global Hybrid Vehicle Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Hybrid Vehicle Sales Breakdown by Application (2018-2023)
4.3.2 Europe Hybrid Vehicle Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Hybrid Vehicle Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Hybrid Vehicle Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Hybrid Vehicle Sales Breakdown by Application (2018-2023)
5 North America Hybrid Vehicle by Country
5.1 North America Hybrid Vehicle Historic Market Size by Country
5.1.1 North America Hybrid Vehicle Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Hybrid Vehicle Sales in Volume by Country (2018-2023)
5.1.3 North America Hybrid Vehicle Sales in Value by Country (2018-2023)
5.2 North America Hybrid Vehicle Forecasted Market Size by Country
5.2.1 North America Hybrid Vehicle Sales in Volume by Country (2024-2029)
5.2.2 North America Hybrid Vehicle Sales in Value by Country (2024-2029)
6 Europe Hybrid Vehicle by Country
6.1 Europe Hybrid Vehicle Historic Market Size by Country
6.1.1 Europe Hybrid Vehicle Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Hybrid Vehicle Sales in Volume by Country (2018-2023)
6.1.3 Europe Hybrid Vehicle Sales in Value by Country (2018-2023)
6.2 Europe Hybrid Vehicle Forecasted Market Size by Country
6.2.1 Europe Hybrid Vehicle Sales in Volume by Country (2024-2029)
6.2.2 Europe Hybrid Vehicle Sales in Value by Country (2024-2029)
7 Asia-Pacific Hybrid Vehicle by Region
7.1 Asia-Pacific Hybrid Vehicle Historic Market Size by Region
7.1.1 Asia-Pacific Hybrid Vehicle Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Hybrid Vehicle Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Hybrid Vehicle Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Hybrid Vehicle Forecasted Market Size by Region
7.2.1 Asia-Pacific Hybrid Vehicle Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Hybrid Vehicle Sales in Value by Region (2024-2029)
8 Latin America Hybrid Vehicle by Country
8.1 Latin America Hybrid Vehicle Historic Market Size by Country
8.1.1 Latin America Hybrid Vehicle Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Hybrid Vehicle Sales in Volume by Country (2018-2023)
8.1.3 Latin America Hybrid Vehicle Sales in Value by Country (2018-2023)
8.2 Latin America Hybrid Vehicle Forecasted Market Size by Country
8.2.1 Latin America Hybrid Vehicle Sales in Volume by Country (2024-2029)
8.2.2 Latin America Hybrid Vehicle Sales in Value by Country (2024-2029)
9 Middle East and Africa Hybrid Vehicle by Country
9.1 Middle East and Africa Hybrid Vehicle Historic Market Size by Country
9.1.1 Middle East and Africa Hybrid Vehicle Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Hybrid Vehicle Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Hybrid Vehicle Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Hybrid Vehicle Forecasted Market Size by Country
9.2.1 Middle East and Africa Hybrid Vehicle Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Hybrid Vehicle Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Volvo Group
10.1.1 Volvo Group Company Information
10.1.2 Volvo Group Introduction and Business Overview
10.1.3 Volvo Group Hybrid Vehicle Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Volvo Group Hybrid Vehicle Products Offered
10.1.5 Volvo Group Recent Development
10.2 Volkswagen Group
10.2.1 Volkswagen Group Company Information
10.2.2 Volkswagen Group Introduction and Business Overview
10.2.3 Volkswagen Group Hybrid Vehicle Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Volkswagen Group Hybrid Vehicle Products Offered
10.2.5 Volkswagen Group Recent Development
10.3 Toyota
10.3.1 Toyota Company Information
10.3.2 Toyota Introduction and Business Overview
10.3.3 Toyota Hybrid Vehicle Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Toyota Hybrid Vehicle Products Offered
10.3.5 Toyota Recent Development
10.4 Tata
10.4.1 Tata Company Information
10.4.2 Tata Introduction and Business Overview
10.4.3 Tata Hybrid Vehicle Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Tata Hybrid Vehicle Products Offered
10.4.5 Tata Recent Development
10.5 Suzuki
10.5.1 Suzuki Company Information
10.5.2 Suzuki Introduction and Business Overview
10.5.3 Suzuki Hybrid Vehicle Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Suzuki Hybrid Vehicle Products Offered
10.5.5 Suzuki Recent Development
10.6 Renault
10.6.1 Renault Company Information
10.6.2 Renault Introduction and Business Overview
10.6.3 Renault Hybrid Vehicle Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Renault Hybrid Vehicle Products Offered
10.6.5 Renault Recent Development
10.7 PSA
10.7.1 PSA Company Information
10.7.2 PSA Introduction and Business Overview
10.7.3 PSA Hybrid Vehicle Sales, Revenue and Gross Margin (2018-2023)
10.7.4 PSA Hybrid Vehicle Products Offered
10.7.5 PSA Recent Development
10.8 Nissan
10.8.1 Nissan Company Information
10.8.2 Nissan Introduction and Business Overview
10.8.3 Nissan Hybrid Vehicle Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Nissan Hybrid Vehicle Products Offered
10.8.5 Nissan Recent Development
10.9 Hyundai
10.9.1 Hyundai Company Information
10.9.2 Hyundai Introduction and Business Overview
10.9.3 Hyundai Hybrid Vehicle Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Hyundai Hybrid Vehicle Products Offered
10.9.5 Hyundai Recent Development
10.10 Honda
10.10.1 Honda Company Information
10.10.2 Honda Introduction and Business Overview
10.10.3 Honda Hybrid Vehicle Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Honda Hybrid Vehicle Products Offered
10.10.5 Honda Recent Development
10.11 General Motors
10.11.1 General Motors Company Information
10.11.2 General Motors Introduction and Business Overview
10.11.3 General Motors Hybrid Vehicle Sales, Revenue and Gross Margin (2018-2023)
10.11.4 General Motors Hybrid Vehicle Products Offered
10.11.5 General Motors Recent Development
10.12 Ford
10.12.1 Ford Company Information
10.12.2 Ford Introduction and Business Overview
10.12.3 Ford Hybrid Vehicle Sales, Revenue and Gross Margin (2018-2023)
10.12.4 Ford Hybrid Vehicle Products Offered
10.12.5 Ford Recent Development
10.13 Daimler
10.13.1 Daimler Company Information
10.13.2 Daimler Introduction and Business Overview
10.13.3 Daimler Hybrid Vehicle Sales, Revenue and Gross Margin (2018-2023)
10.13.4 Daimler Hybrid Vehicle Products Offered
10.13.5 Daimler Recent Development
10.14 Chrysler
10.14.1 Chrysler Company Information
10.14.2 Chrysler Introduction and Business Overview
10.14.3 Chrysler Hybrid Vehicle Sales, Revenue and Gross Margin (2018-2023)
10.14.4 Chrysler Hybrid Vehicle Products Offered
10.14.5 Chrysler Recent Development
10.15 BYD
10.15.1 BYD Company Information
10.15.2 BYD Introduction and Business Overview
10.15.3 BYD Hybrid Vehicle Sales, Revenue and Gross Margin (2018-2023)
10.15.4 BYD Hybrid Vehicle Products Offered
10.15.5 BYD Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Hybrid Vehicle Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Hybrid Vehicle Industrial Chain Analysis
11.4 Hybrid Vehicle Market Dynamics
11.4.1 Hybrid Vehicle Industry Trends
11.4.2 Hybrid Vehicle Market Drivers
11.4.3 Hybrid Vehicle Market Challenges
11.4.4 Hybrid Vehicle Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Hybrid Vehicle Distributors
12.3 Hybrid Vehicle Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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