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Hybrid Vehicles - Global Strategic Business Report

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    Report

  • 194 Pages
  • February 2024
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 4845773

Global Hybrid Vehicles Market to Reach 12.1 Billion Units by 2030

The global market for Hybrid Vehicles estimated at 6.7 Billion Units in the year 2022, is projected to reach a revised size of 12.1 Billion Units by 2030, growing at a CAGR of 7.7% over the analysis period 2022-2030. Full, one of the segments analyzed in the report, is projected to record 7.7% CAGR and reach 6.6 Billion Units by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Micro segment is readjusted to a revised 6.9% CAGR for the next 8-year period.

The U.S. Market is Estimated at 2 Billion Units, While China is Forecast to Grow at 7.1% CAGR

The Hybrid Vehicles market in the U.S. is estimated at 2 Billion Units in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of 2.1 Billion Units by the year 2030 trailing a CAGR of 7.1% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 7.1% and 6.2% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 6.1% CAGR.

Select Competitors (Total 42 Featured) -

  • Allison Transmission, Inc.
  • American Axle & Manufacturing, Inc.
  • Avl List GmbH
  • Avtovaz
  • BorgWarner, Inc.
  • Continental AG
  • Cummins, Inc.
  • Daimler AG
  • Delphi Technologies
  • Denso Corporation
  • Eaton Corporation PLC
  • Ford Motor Company
  • General Motors Company
  • Honda Motor Co., Ltd.
  • Hyundai Motor Company
  • LG Chem
  • Magna International, Inc.
  • MAHLE GmbH
  • Mitsubishi Electric Corporation
  • Robert Bosch GmbH
  • Schaeffler AG
  • Toyota Motor Corporation
  • Volvo Car Canada Ltd.
  • ZF Friedrichshafen AG

What's New?

  • Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
  • Global competitiveness and key competitor percentage market shares
  • Market presence across multiple geographies - Strong/Active/Niche/Trivial
  • Online interactive peer-to-peer collaborative bespoke updates
  • Access to digital archives and Research Platform
  • Complimentary updates for one year

Table of Contents

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • Influencer Market Insights
  • Hybrid Vehicle - Global Key Competitors Percentage Market Share in 2022 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
  • Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
  • Table 1: World Recent Past, Current & Future Analysis for Hybrid Vehicles by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in Million Units for Years 2022 through 2030 and % CAGR
  • Table 2: World 8-Year Perspective for Hybrid Vehicles by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets for Years 2023 & 2030
  • Table 3: World Hybrid Vehicles Market Analysis of Annual Sales in Million Units for Years 2014 through 2030
  • Table 4: World Recent Past, Current & Future Analysis for Full by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in Million Units for Years 2022 through 2030 and % CAGR
  • Table 5: World 8-Year Perspective for Full by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2023 & 2030
  • Table 6: World Recent Past, Current & Future Analysis for Micro by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in Million Units for Years 2022 through 2030 and % CAGR
  • Table 7: World 8-Year Perspective for Micro by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2023 & 2030
  • Table 8: World Recent Past, Current & Future Analysis for Mild by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in Million Units for Years 2022 through 2030 and % CAGR
  • Table 9: World 8-Year Perspective for Mild by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2023 & 2030
  • Table 10: World Recent Past, Current & Future Analysis for Passenger Cars by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in Million Units for Years 2022 through 2030 and % CAGR
  • Table 11: World 8-Year Perspective for Passenger Cars by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2023 & 2030
  • Table 12: World Recent Past, Current & Future Analysis for Commercial Vehicles by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in Million Units for Years 2022 through 2030 and % CAGR
  • Table 13: World 8-Year Perspective for Commercial Vehicles by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2023 & 2030
III. MARKET ANALYSIS
UNITED STATES
  • Hybrid Vehicles Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2023 (E)
  • Table 14: USA Recent Past, Current & Future Analysis for Hybrid Vehicles by Degree of Hybridization - Full, Micro and Mild - Independent Analysis of Annual Sales in Million Units for the Years 2022 through 2030 and % CAGR
  • Table 15: USA 8-Year Perspective for Hybrid Vehicles by Degree of Hybridization - Percentage Breakdown of Value Sales for Full, Micro and Mild for the Years 2023 & 2030
  • Table 16: USA Recent Past, Current & Future Analysis for Hybrid Vehicles by End-Use - Passenger Cars and Commercial Vehicles - Independent Analysis of Annual Sales in Million Units for the Years 2022 through 2030 and % CAGR
  • Table 17: USA 8-Year Perspective for Hybrid Vehicles by End-Use - Percentage Breakdown of Value Sales for Passenger Cars and Commercial Vehicles for the Years 2023 & 2030
CANADA
  • Table 18: Canada Recent Past, Current & Future Analysis for Hybrid Vehicles by Degree of Hybridization - Full, Micro and Mild - Independent Analysis of Annual Sales in Million Units for the Years 2022 through 2030 and % CAGR
  • Table 19: Canada 8-Year Perspective for Hybrid Vehicles by Degree of Hybridization - Percentage Breakdown of Value Sales for Full, Micro and Mild for the Years 2023 & 2030
  • Table 20: Canada Recent Past, Current & Future Analysis for Hybrid Vehicles by End-Use - Passenger Cars and Commercial Vehicles - Independent Analysis of Annual Sales in Million Units for the Years 2022 through 2030 and % CAGR
  • Table 21: Canada 8-Year Perspective for Hybrid Vehicles by End-Use - Percentage Breakdown of Value Sales for Passenger Cars and Commercial Vehicles for the Years 2023 & 2030
JAPAN
  • Hybrid Vehicles Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2023 (E)
  • Table 22: Japan Recent Past, Current & Future Analysis for Hybrid Vehicles by Degree of Hybridization - Full, Micro and Mild - Independent Analysis of Annual Sales in Million Units for the Years 2022 through 2030 and % CAGR
  • Table 23: Japan 8-Year Perspective for Hybrid Vehicles by Degree of Hybridization - Percentage Breakdown of Value Sales for Full, Micro and Mild for the Years 2023 & 2030
  • Table 24: Japan Recent Past, Current & Future Analysis for Hybrid Vehicles by End-Use - Passenger Cars and Commercial Vehicles - Independent Analysis of Annual Sales in Million Units for the Years 2022 through 2030 and % CAGR
  • Table 25: Japan 8-Year Perspective for Hybrid Vehicles by End-Use - Percentage Breakdown of Value Sales for Passenger Cars and Commercial Vehicles for the Years 2023 & 2030
CHINA
  • Hybrid Vehicles Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2023 (E)
  • Table 26: China Recent Past, Current & Future Analysis for Hybrid Vehicles by Degree of Hybridization - Full, Micro and Mild - Independent Analysis of Annual Sales in Million Units for the Years 2022 through 2030 and % CAGR
  • Table 27: China 8-Year Perspective for Hybrid Vehicles by Degree of Hybridization - Percentage Breakdown of Value Sales for Full, Micro and Mild for the Years 2023 & 2030
  • Table 28: China Recent Past, Current & Future Analysis for Hybrid Vehicles by End-Use - Passenger Cars and Commercial Vehicles - Independent Analysis of Annual Sales in Million Units for the Years 2022 through 2030 and % CAGR
  • Table 29: China 8-Year Perspective for Hybrid Vehicles by End-Use - Percentage Breakdown of Value Sales for Passenger Cars and Commercial Vehicles for the Years 2023 & 2030
EUROPE
  • Hybrid Vehicles Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2023 (E)
  • Table 30: Europe Recent Past, Current & Future Analysis for Hybrid Vehicles by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Sales in Million Units for Years 2022 through 2030 and % CAGR
  • Table 31: Europe 8-Year Perspective for Hybrid Vehicles by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK and Rest of Europe Markets for Years 2023 & 2030
  • Table 32: Europe Recent Past, Current & Future Analysis for Hybrid Vehicles by Degree of Hybridization - Full, Micro and Mild - Independent Analysis of Annual Sales in Million Units for the Years 2022 through 2030 and % CAGR
  • Table 33: Europe 8-Year Perspective for Hybrid Vehicles by Degree of Hybridization - Percentage Breakdown of Value Sales for Full, Micro and Mild for the Years 2023 & 2030
  • Table 34: Europe Recent Past, Current & Future Analysis for Hybrid Vehicles by End-Use - Passenger Cars and Commercial Vehicles - Independent Analysis of Annual Sales in Million Units for the Years 2022 through 2030 and % CAGR
  • Table 35: Europe 8-Year Perspective for Hybrid Vehicles by End-Use - Percentage Breakdown of Value Sales for Passenger Cars and Commercial Vehicles for the Years 2023 & 2030
FRANCE
  • Hybrid Vehicles Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2023 (E)
  • Table 36: France Recent Past, Current & Future Analysis for Hybrid Vehicles by Degree of Hybridization - Full, Micro and Mild - Independent Analysis of Annual Sales in Million Units for the Years 2022 through 2030 and % CAGR
  • Table 37: France 8-Year Perspective for Hybrid Vehicles by Degree of Hybridization - Percentage Breakdown of Value Sales for Full, Micro and Mild for the Years 2023 & 2030
  • Table 38: France Recent Past, Current & Future Analysis for Hybrid Vehicles by End-Use - Passenger Cars and Commercial Vehicles - Independent Analysis of Annual Sales in Million Units for the Years 2022 through 2030 and % CAGR
  • Table 39: France 8-Year Perspective for Hybrid Vehicles by End-Use - Percentage Breakdown of Value Sales for Passenger Cars and Commercial Vehicles for the Years 2023 & 2030
GERMANY
  • Hybrid Vehicles Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2023 (E)
  • Table 40: Germany Recent Past, Current & Future Analysis for Hybrid Vehicles by Degree of Hybridization - Full, Micro and Mild - Independent Analysis of Annual Sales in Million Units for the Years 2022 through 2030 and % CAGR
  • Table 41: Germany 8-Year Perspective for Hybrid Vehicles by Degree of Hybridization - Percentage Breakdown of Value Sales for Full, Micro and Mild for the Years 2023 & 2030
  • Table 42: Germany Recent Past, Current & Future Analysis for Hybrid Vehicles by End-Use - Passenger Cars and Commercial Vehicles - Independent Analysis of Annual Sales in Million Units for the Years 2022 through 2030 and % CAGR
  • Table 43: Germany 8-Year Perspective for Hybrid Vehicles by End-Use - Percentage Breakdown of Value Sales for Passenger Cars and Commercial Vehicles for the Years 2023 & 2030
ITALY
  • Table 44: Italy Recent Past, Current & Future Analysis for Hybrid Vehicles by Degree of Hybridization - Full, Micro and Mild - Independent Analysis of Annual Sales in Million Units for the Years 2022 through 2030 and % CAGR
  • Table 45: Italy 8-Year Perspective for Hybrid Vehicles by Degree of Hybridization - Percentage Breakdown of Value Sales for Full, Micro and Mild for the Years 2023 & 2030
  • Table 46: Italy Recent Past, Current & Future Analysis for Hybrid Vehicles by End-Use - Passenger Cars and Commercial Vehicles - Independent Analysis of Annual Sales in Million Units for the Years 2022 through 2030 and % CAGR
  • Table 47: Italy 8-Year Perspective for Hybrid Vehicles by End-Use - Percentage Breakdown of Value Sales for Passenger Cars and Commercial Vehicles for the Years 2023 & 2030
UNITED KINGDOM
  • Hybrid Vehicles Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2023 (E)
  • Table 48: UK Recent Past, Current & Future Analysis for Hybrid Vehicles by Degree of Hybridization - Full, Micro and Mild - Independent Analysis of Annual Sales in Million Units for the Years 2022 through 2030 and % CAGR
  • Table 49: UK 8-Year Perspective for Hybrid Vehicles by Degree of Hybridization - Percentage Breakdown of Value Sales for Full, Micro and Mild for the Years 2023 & 2030
  • Table 50: UK Recent Past, Current & Future Analysis for Hybrid Vehicles by End-Use - Passenger Cars and Commercial Vehicles - Independent Analysis of Annual Sales in Million Units for the Years 2022 through 2030 and % CAGR
  • Table 51: UK 8-Year Perspective for Hybrid Vehicles by End-Use - Percentage Breakdown of Value Sales for Passenger Cars and Commercial Vehicles for the Years 2023 & 2030
REST OF EUROPE
  • Table 52: Rest of Europe Recent Past, Current & Future Analysis for Hybrid Vehicles by Degree of Hybridization - Full, Micro and Mild - Independent Analysis of Annual Sales in Million Units for the Years 2022 through 2030 and % CAGR
  • Table 53: Rest of Europe 8-Year Perspective for Hybrid Vehicles by Degree of Hybridization - Percentage Breakdown of Value Sales for Full, Micro and Mild for the Years 2023 & 2030
  • Table 54: Rest of Europe Recent Past, Current & Future Analysis for Hybrid Vehicles by End-Use - Passenger Cars and Commercial Vehicles - Independent Analysis of Annual Sales in Million Units for the Years 2022 through 2030 and % CAGR
  • Table 55: Rest of Europe 8-Year Perspective for Hybrid Vehicles by End-Use - Percentage Breakdown of Value Sales for Passenger Cars and Commercial Vehicles for the Years 2023 & 2030
ASIA-PACIFIC
  • Hybrid Vehicles Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2023 (E)
  • Table 56: Asia-Pacific Recent Past, Current & Future Analysis for Hybrid Vehicles by Degree of Hybridization - Full, Micro and Mild - Independent Analysis of Annual Sales in Million Units for the Years 2022 through 2030 and % CAGR
  • Table 57: Asia-Pacific 8-Year Perspective for Hybrid Vehicles by Degree of Hybridization - Percentage Breakdown of Value Sales for Full, Micro and Mild for the Years 2023 & 2030
  • Table 58: Asia-Pacific Recent Past, Current & Future Analysis for Hybrid Vehicles by End-Use - Passenger Cars and Commercial Vehicles - Independent Analysis of Annual Sales in Million Units for the Years 2022 through 2030 and % CAGR
  • Table 59: Asia-Pacific 8-Year Perspective for Hybrid Vehicles by End-Use - Percentage Breakdown of Value Sales for Passenger Cars and Commercial Vehicles for the Years 2023 & 2030
REST OF WORLD
  • Table 60: Rest of World Recent Past, Current & Future Analysis for Hybrid Vehicles by Degree of Hybridization - Full, Micro and Mild - Independent Analysis of Annual Sales in Million Units for the Years 2022 through 2030 and % CAGR
  • Table 61: Rest of World 8-Year Perspective for Hybrid Vehicles by Degree of Hybridization - Percentage Breakdown of Value Sales for Full, Micro and Mild for the Years 2023 & 2030
  • Table 62: Rest of World Recent Past, Current & Future Analysis for Hybrid Vehicles by End-Use - Passenger Cars and Commercial Vehicles - Independent Analysis of Annual Sales in Million Units for the Years 2022 through 2030 and % CAGR
  • Table 63: Rest of World 8-Year Perspective for Hybrid Vehicles by End-Use - Percentage Breakdown of Value Sales for Passenger Cars and Commercial Vehicles for the Years 2023 & 2030
IV. COMPETITION

Companies Mentioned

A selection of companies mentioned in this report includes:

  • Allison Transmission, Inc.
  • American Axle & Manufacturing, Inc.
  • Avl List GmbH
  • Avtovaz
  • BorgWarner, Inc.
  • Continental AG
  • Cummins, Inc.
  • Daimler AG
  • Delphi Technologies
  • Denso Corporation
  • Eaton Corporation PLC
  • Ford Motor Company
  • General Motors Company
  • Honda Motor Co., Ltd.
  • Hyundai Motor Company
  • LG Chem
  • Magna International, Inc.
  • MAHLE GmbH
  • Mitsubishi Electric Corporation
  • Robert Bosch GmbH
  • Schaeffler AG
  • Toyota Motor Corporation
  • Volvo Car Canada Ltd.
  • ZF Friedrichshafen AG