Hybrid & Electric Cars in North America industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 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 North American hybrid & electric cars market recorded revenues of $172.68 billion in 2024, representing a compound annual growth rate (CAGR) of 33.4% between 2019 and 2024.
- Market consumption volume increased with a CAGR of 35.3% between 2019 and 2024, reaching a total of 3,759,953.0 units in 2024.
- The growth of the hybrid & electric cars market in 2024 was driven by high fuel prices. According to Natural Resources Canada, gasoline prices in Ontario increased by 6.8% 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 North America
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the hybrid & electric cars market in North America
- 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 North America hybrid & electric cars market with five year forecasts by both value and volume
Reasons to Buy
- What was the size of the North America hybrid & electric cars market by value in 2024?
- What will be the size of the North America hybrid & electric cars market in 2029?
- What factors are affecting the strength of competition in the North America hybrid & electric cars market?
- How has the market performed over the last five years?
- What are the main segments that make up North America's hybrid & electric cars market?
Table of Contents
1 Executive Summary
2 Market Overview
3 Market Data
4 Market Segmentation
5 Market Outlook
6 Five Forces Analysis
7 Competitive Landscape
8 Company Profiles
9 Macroeconomic Indicators
10 Appendix
List of Tables
List of Figures
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Toyota Motor Corp
- General Motors Co
- Tesla Inc
- Ford Motor Co