Global Hybrid & Electric Cars 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 global hybrid & electric cars market recorded revenues of $1.02 trillion in 2024, representing a compound annual growth rate (CAGR) of 36.4% between 2019 and 2024.
- Market consumption volume increased with a CAGR of 37.5% between 2019 and 2024, reaching a total of 23,791,720.0 units in 2024.
- The growth of the global hybrid & electric cars market in 2024 was primarily driven by the increase in disposable income. Rising wages boosted vehicle purchasing, resulting in increased vehicle registrations and a shift from public transport to personal mobility among a broader population. According to the National Bureau of Statistics (NBS) of China, in 2024, the per capita disposable income in China reached CNY41,314 ($5,740.2), marking a 5.3% increase over 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 global
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the global hybrid & electric cars market
- 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 Global hybrid & electric cars market with five year forecasts
Reasons to Buy
- What was the size of the Global hybrid & electric cars market by value in 2024?
- What will be the size of the Global hybrid & electric cars market in 2029?
- What factors are affecting the strength of competition in the Global hybrid & electric cars market?
- How has the market performed over the last five years?
- What are the main segments that make up the global'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:
- Tesla Inc
- BYD Co Ltd
- Toyota Motor Corp
- Volkswagen AG
- Bayerische Motoren Werke AG
