Global Hybrid Electric Vehicle Market By Hybridization Type, By Vehicle Type, By Powertrain, By Propulsion, By Region, Competition Forecast & Opportunities, 2027

Report
111 Pages
October 2022
Region: Global
TechSci Research
ID: 5662030

The hybrid electric vehicle market stood around USD 290.63 billion in 2021 and is estimated to reach USD 523.74 billion in 2027, registering a CAGR of 10.60%

The hybrid electric vehicle market stood around USD 290.63 billion in 2021 and is estimated to reach USD 523.74 billion in 2027, registering a CAGR of 10.60%. An increase in technological development and an upsurge in electrification of vehicles are driving the growth of the global hybrid electric vehicle market during the forecast period.

The kinetic energy is being used in the regenerative braking system of the hybrid electric vehicle. The driving vehicle converts its energy into electric energy, which is stored in the batteries. Hybrid electric vehicles also offer dual power, which can originate from the engine, the motor, or both, depending on how the vehicle is constructed. The hybrid car is cost-effective since it works on a twin-powered engine that reduces fuel consumption and saves energy. Hybrid cars are more affordable as they are supported by government tax credits and incentives. Hybrid electric vehicles are designed light weight as compared to ICE vehicles, therefore, they use less energy. When the vehicle is idle or standing, the engine automatically shuts off and begins when the accelerator is pressed. So, more and more individuals are transitioning to hybrid cars as well and the resale value provided by hybrid electric vehicles is also very good.

The global spread of the COVID-19 pandemic has caused public health and economic challenges. Due to full and partial lockdowns enforced across several nations to reduce the risk of coronavirus transmission, most vehicle manufacturers were obliged to cease manufacturing for a few months, directly hybrid sales worldwide. According to published data from the World Bank, global GDP plummeted by 3.3% in 2020, impacting worldwide economies.

Technological Improvement in Hybrid Electric Vehicles

Due to high research expenses and concerns about general acceptance of electric vehicles, the concept was largely ignored for many years. Hybrid car demand has increased in recent years as a result of advancements in technology and the rapid growth of lithium-ion batteries. Hybrid electric vehicles technology has shown potential benefits in terms of fuel efficiency, with hybrid buses cutting fuel usage by 20-30%. The Hybrid Propulsion Program of the US Department of Energy was established in 1993 to speed up the technological development of hybrid cars. Also, the insufficient supply and rising price of gasoline is a crucial factor in the development of the technology.

Government Initiatives

Government in the United States and in different European nations are focusing on reducing emission constraints in order to reduce greenhouse gas emissions, as well as improving car fuel efficiency. The US Department of Transportation, has set CAFE (Corporate Average Fuel Economy) requirements for cars. The United Kingdom committed to a net-zero emissions target by 2050 and recommended a ban on all polluting vehicle sales by 2035. In contrast to 1990 levels, Germany wants to reduce greenhouse gas emissions by 40% by the end of 2020, 55% by the end of 2030, and up to 95% by the end of 2050, sustaining market growth.

Increased Price of the Vehicles

Compared to gasoline powertrain vehicles, the retail prices of hybrid electric vehicles in the countries are relatively high. Thi is due to high dependence on gasoline vehicles in the automotive ecosystem, from two- and four-wheelers to commercial vehicles.. The cost of hybrid electric vehicles has increased as a result of lithium-ion battery technology being used in new automobiles that need dual powertrain technology.

Recent Developments

Nissan announced in March 2021 that it was developing a mild-hybrid GT-R variant to be launched by the end of 2022. This GT-R would be equipped with a 48-volt mild hybrid system, which would most likely be partnered with the current GT-3.8-litre R's twin-turbocharged V6 engine. GT-R R36 is rumored to be the codename. Mercedes-Benz introduced its two diesel mild hybrid vehicles, the GLE and GLE Coupé, in October 2021. They have a four-cylinder diesel engine (OM 654 M) with an integrated second-generation starter-generator (ISG) that produces 200 kW/272 horsepower. A second-generation integrated starter-generator is included in the modern OM 654 M engine (ISG). A 48-volt electrical system is included in the ISG.

Market Segmentation

The hybrid electric vehicle market is segmented based on engine type, hybridization type, vehicle type, powertrain type, propulsion type, and region. On the basis of hybridization type, the market is segmented into MHEV and FHEV. Based on vehicle type, the market is segmented into passenger car, light commercial vehicle, and heavy commercial vehicle. On the basis of powertrain, the market is segmented into series-parallel hybrid, parallel hybrid, series-parallel hybrid. On the basis of propulsion type, market is bifurcated into diesel and petrol. The market analysis also studies the regional segmentation to devise regional market segmentation, divided among Asia-Pacific, Europe, Americas, and the Middle East and Africa. In terms of country, the United States hybrid electric vehicle market is forecast to reach around USD 43.25 billion in 2027 from USD 26.83 billion in 2021 at a CAGR of 8.88%.

Company Profiles

Toyota Motor Corporation, Volkswagen AG, Honda Motor Co., Ltd., Nissan Motor Co., Ltd., Groupe Renault, BMW AG, Suzuki Motor Corporation, Wuling Motors Holdings Limited, AB Volvo, and The General Motors Company, are the key players developing advanced technologies to stay competitive in the market and enhancing their product portfolio in the regions to increase their customer outreach.

Report Scope:

In this report, global hybrid electric vehicle market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

Global Hybrid Electric Vehicle Market, By Hybridization Type:

MHEV
FHEV

Global Hybrid Electric Vehicle Market, By Vehicle Type:

PC
LCV
M&HCV

Global Hybrid Electric Vehicle Market, By Powertrain:

Parallel Hybrid
Series-Parallel Hybrid
Series Hybrid

Global Hybrid Electric Vehicle Market, By Propulsion:

Petrol Hybrid
Diesel Hybrid

Global Hybrid Electric Vehicle Market, By Region:

APAC
China
Japan
South Korea
India
Australia
Europe
Germany
Italy
United Kingdom
France
Spain
Netherland
Sweden
Norway
North America
United States
Canada
Mexico
South America
Brazil
Argentina
Colombia
Middle East and Africa
UAE
Saudi Arabia
South Africa

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in global hybrid electric vehicle market.

Available Customizations:

With the given market data, the publisher offers customizations according to a company’s specific needs.

1. Product Overview2. Research Methodology3. Executive Summary4. Impact of COVID-19 on Global Hybrid Electric Vehicle Market

5. Voice of Customers

5.1.1. Factors Influencing Purchase Decision
5.1.2. Brand Recall
5.1.3. Brand Satisfaction Level

6. Global Hybrid Electric Vehicle Market Outlook

6.1. Market Size & Forecast
6.1.1. By Value & Volume
6.2. Market Share & Forecast
6.2.1. By Hybridization Type (MHEV, FHEV)
6.2.2. By Vehicle Type (PC, LCV, M&HCV)
6.2.3. By Powertrain Type (Series-Parallel Hybrid, Parallel Hybrid, Series-Parallel Hybrid)
6.2.4. By Propulsion Type (Diesel Hybrid, Petrol Hybrid)
6.2.5. By Region
6.2.6. By Company (2021)
6.3. Product Market Map (By Hybridization Type, By Vehicle Type, By Powertrain Type, By Propulsion Type, By Region)

7. Asia-Pacific Hybrid Electric Vehicle Market Outlook

7.1. Market Size & Forecast
7.1.1. By Value & Volume
7.2. Market Share & Forecast
7.2.1. By Hybridization Type
7.2.2. By Vehicle Type
7.2.3. By Powertrain Type
7.2.4. By Propulsion Type
7.2.5. By Country
7.3. Market Map (By Vehicle Type, By Country)
7.3.1. China Hybrid Electric Vehicle Market Outlook
7.3.1.1. Market Size & Forecast
7.3.1.1.1. By Value & Volume
7.3.1.2. Market Share & Forecast
7.3.1.2.1. By Hybridization Type
7.3.1.2.2. By Vehicle Type
7.3.1.2.3. By Powertrain Type
7.3.1.2.4. By Propulsion Type
7.3.2. Japan Hybrid Electric Vehicle Market Outlook
7.3.2.1. Market Size & Forecast
7.3.2.1.1. By Value & Volume
7.3.2.2. Market Share & Forecast
7.3.2.2.1. By Hybridization Type
7.3.2.2.2. By Vehicle Type
7.3.2.2.3. By Powertrain Type
7.3.2.2.4. By Propulsion Type
7.3.3. South Korea Vehicle Market Outlook
7.3.3.1. Market Size & Forecast
7.3.3.1.1. By Value & Volume
7.3.3.2. Market Share & Forecast
7.3.3.2.1. By Hybridization Type
7.3.3.2.2. By Vehicle Type
7.3.3.2.3. By Powertrain Type
7.3.3.2.4. By Propulsion Type
7.3.4. India Vehicle Market Outlook
7.3.4.1. Market Size & Forecast
7.3.4.1.1. By Value & Volume
7.3.4.2. Market Share & Forecast
7.3.4.2.1. By Hybridization Type
7.3.4.2.2. By Vehicle Type
7.3.4.2.3. By Powertrain Type
7.3.4.2.4. By Propulsion Type
7.3.5. Australia Hybrid Electric Vehicle Market Outlook
7.3.5.1. Market Size & Forecast
7.3.5.1.1. By Value & Volume
7.3.5.2. Market Share & Forecast
7.3.5.2.1. By Hybridization Type
7.3.5.2.2. By Vehicle Type
7.3.5.2.3. By Powertrain Type
7.3.5.2.4. By Propulsion Type

8. Europe Hybrid Electric Vehicle Market Outlook

8.1. Market Size & Forecast
8.1.1. By Value & Volume
8.2. Market Share & Forecast
8.2.1. By Hybridization Type
8.2.2. By Vehicle Type
8.2.3. By Powertrain Type
8.2.4. By Propulsion Type
8.2.5. By Country
8.3. Market Map (By Vehicle Type, By Country)
8.3.1. Germany Hybrid Electric Vehicle Market Outlook
8.3.1.1. Market Size & Forecast
8.3.1.1.1. By Value & Volume
8.3.1.2. Market Share & Forecast
8.3.1.2.1. By Hybridization Type
8.3.1.2.2. By Vehicle Type
8.3.1.2.3. By Powertrain Type
8.3.1.2.4. By Propulsion Type
8.3.2. Italy Hybrid Electric Vehicle Market Outlook
8.3.2.1. Market Size & Forecast
8.3.2.1.1. By Value & Volume
8.3.2.2. Market Share & Forecast
8.3.2.2.1. By Hybridization Type
8.3.2.2.2. By Vehicle Type
8.3.2.2.3. By Powertrain Type
8.3.2.2.4. By Propulsion Type
8.3.3. United Kingdom Hybrid Electric Vehicle Market Outlook
8.3.3.1. Market Size & Forecast
8.3.3.1.1. By Value & Volume
8.3.3.2. Market Share & Forecast
8.3.3.2.1. By Hybridization Type
8.3.3.2.2. By Vehicle Type
8.3.3.2.3. By Powertrain Type
8.3.3.2.4. By Propulsion Type
8.3.4. France Hybrid Electric Vehicle Market Outlook
8.3.4.1. Market Size & Forecast
8.3.4.1.1. By Value & Volume
8.3.4.2. Market Share & Forecast
8.3.4.2.1. By Hybridization Type
8.3.4.2.2. By Vehicle Type
8.3.4.2.3. By Powertrain Type
8.3.4.2.4. By Propulsion Type
8.3.5. Spain Hybrid Electric Vehicle Market Outlook
8.3.5.1. Market Size & Forecast
8.3.5.1.1. By Value & Volume
8.3.5.2. Market Share & Forecast
8.3.5.2.1. By Hybridization Type
8.3.5.2.2. By Vehicle Type
8.3.5.2.3. By Powertrain Type
8.3.5.2.4. By Propulsion Type
8.3.6. Netherland Hybrid Electric Vehicle Market Outlook
8.3.6.1. Market Size & Forecast
8.3.6.1.1. By Value & Volume
8.3.6.2. Market Share & Forecast
8.3.6.2.1. By Hybridization Type
8.3.6.2.2. By Vehicle Type
8.3.6.2.3. By Powertrain Type
8.3.6.2.4. By Propulsion Type
8.3.7. Sweden Hybrid Electric Vehicle Market Outlook
8.3.7.1. Market Size & Forecast
8.3.7.1.1. By Value & Volume
8.3.7.2. Market Share & Forecast
8.3.7.2.1. By Hybridization Type
8.3.7.2.2. By Vehicle Type
8.3.7.2.3. By Powertrain Type
8.3.7.2.4. By Propulsion Type
8.3.8. Norway Hybrid Electric Vehicle Market Outlook
8.3.8.1. Market Size & Forecast
8.3.8.1.1. By Value & Volume
8.3.8.2. Market Share & Forecast
8.3.8.2.1. By Hybridization Type
8.3.8.2.2. By Vehicle Type
8.3.8.2.3. By Powertrain Type
8.3.8.2.4. By Propulsion Type

9. North America Hybrid Electric Vehicle Market Outlook

9.1. Market Size & Forecast
9.1.1. By Value & Volume
9.2. Market Share & Forecast
9.2.1. By Hybridization Type
9.2.2. By Vehicle Type
9.2.3. By Powertrain Type
9.2.4. By Propulsion Type
9.2.5. By Country
9.3. Market Map (By Vehicle Type, By Country)
9.3.1. United States Hybrid Electric Vehicle Market Outlook
9.3.1.1. Market Size & Forecast
9.3.1.1.1. By Value & Volume
9.3.1.2. Market Share & Forecast
9.3.1.2.1. By Hybridization Type
9.3.1.2.2. By Vehicle Type
9.3.1.2.3. By Powertrain Type
9.3.1.2.4. By Propulsion Type
9.3.2. Canada Hybrid Electric Vehicle Market Outlook
9.3.2.1. Market Size & Forecast
9.3.2.1.1. By Value & Volume
9.3.2.2. Market Share & Forecast
9.3.2.2.1. By Hybridization Type
9.3.2.2.2. By Vehicle Type
9.3.2.2.3. By Powertrain Type
9.3.2.2.4. By Propulsion Type
9.3.3. Mexico Hybrid Electric Vehicle Market Outlook
9.3.3.1. Market Size & Forecast
9.3.3.1.1. By Value & Volume
9.3.3.2. Market Share & Forecast
9.3.3.2.1. By Hybridization Type
9.3.3.2.2. By Vehicle Type
9.3.3.2.3. By Powertrain Type
9.3.3.2.4. By Propulsion Type

10. South America Hybrid Electric Vehicle Market Outlook

10.1. Market Size & Forecast
10.1.1. By Value & Volume
10.2. Market Share & Forecast
10.2.1. By Hybridization Type
10.2.2. By Vehicle Type
10.2.3. By Powertrain Type
10.2.4. By Propulsion Type
10.2.5. By Country
10.3. Market Map (By Vehicle Type, By Country)
10.3.1. Brazil Hybrid Electric Vehicle Market Outlook
10.3.1.1. Market Size & Forecast
10.3.1.1.1. By Value & Volume
10.3.1.2. Market Share & Forecast
10.3.1.2.1. By Hybridization Type
10.3.1.2.2. By Vehicle Type
10.3.1.2.3. By Powertrain Type
10.3.1.2.4. By Propulsion Type
10.3.2. Argentina Hybrid Electric Vehicle Market Outlook
10.3.2.1. Market Size & Forecast
10.3.2.1.1. By Value & Volume
10.3.2.2. Market Share & Forecast
10.3.2.2.1. By Hybridization Type
10.3.2.2.2. By Vehicle Type
10.3.2.2.3. By Powertrain Type
10.3.2.2.4. By Propulsion Type
10.3.3. Colombia Hybrid Electric Vehicle Market Outlook
10.3.3.1. Market Size & Forecast
10.3.3.1.1. By Value & Volume
10.3.3.2. Market Share & Forecast
10.3.3.2.1. By Hybridization Type
10.3.3.2.2. By Vehicle Type
10.3.3.2.3. By Powertrain Type
10.3.3.2.4. By Propulsion Type

11. Middle East & Africa Hybrid Electric Vehicle Market Outlook

11.1. Market Size & Forecast
11.1.1. By Value & Volume
11.2. Market Share & Forecast
11.2.1. By Hybridization Type
11.2.2. By Vehicle Type
11.2.3. By Powertrain Type
11.2.4. By Propulsion Type
11.2.5. By Country
11.3. Market Map (By Vehicle Type, By Country)
11.3.1. UAE Hybrid Electric Vehicle Market Outlook
11.3.1.1. Market Size & Forecast
11.3.1.1.1. By Value & Volume
11.3.1.2. Market Share & Forecast
11.3.1.2.1. By Hybridization Type
11.3.1.2.2. By Vehicle Type
11.3.1.2.3. By Powertrain Type
11.3.1.2.4. By Propulsion Type
11.3.2. Saudi Arabia Hybrid Electric Vehicle Market Outlook
11.3.2.1. Market Size & Forecast
11.3.2.1.1. By Value & Volume
11.3.2.2. Market Share & Forecast
11.3.2.2.1. By Hybridization Type
11.3.2.2.2. By Vehicle Type
11.3.2.2.3. By Powertrain Type
11.3.2.2.4. By Propulsion Type
11.3.3. South Africa Hybrid Electric Vehicle Market Outlook
11.3.3.1. Market Size & Forecast
11.3.3.1.1. By Value & Volume
11.3.3.2. Market Share & Forecast
11.3.3.2.1. By Hybridization Type
11.3.3.2.2. By Vehicle Type
11.3.3.2.3. By Powertrain Type
11.3.3.2.4. By Propulsion Type

12. Market Dynamics

12.1. Drivers
12.2. Challenges

13. Market Trends and Developments

14. Competitive Landscape

14.1. Toyota Motor Corporation
14.2. Volkswagen AG
14.3. Honda Motor Co., Ltd.
14.4. Nissan Motor Co., Ltd.
14.5. Groupe Renault
14.6. BMW AG
14.7. Suzuki Motor Corporation
14.8. Wuling Motors Holdings Limited
14.9. AB Volvo
14.10. The General Motors Company

15. Strategic Recommendations

List of Figures

Figure 1: Global Hybrid Electric Vehicle Market Size, By Volume (Thousand Units), 2017-2027F
Figure 2: Global Hybrid Electric Vehicle Market Size, By Value (USD Billion), 2017-2027F
Figure 3: Global Hybrid Electric Vehicle Market Share, By Hybridization Type, By Volume, 2017-2027F
Figure 4: Global Hybrid Electric Vehicle Market Share, By Vehicle Type, By Volume, 2017-2027F
Figure 5: Global Hybrid Electric Vehicle Market Share, By Powertrain Type, By Volume, 2017-2027F
Figure 6: Global Hybrid Electric Vehicle Market Share, By Propulsion Type, By Volume, 2017-2027F
Figure 7: Global Hybrid Electric Vehicle Market Share, By Region, By Volume, 2017-2027F
Figure 8: Global Hybrid Electric Vehicle Market Share, By Company, By Value, 2021
Figure 9: Global Hybrid Electric Vehicle Market Map, By Hybridization Type, Market Size (Thousand Units) & Growth Rate (%)
Figure 10: Global Hybrid Electric Vehicle Market Map, By Vehicle Type, Market Size (Thousand Units) & Growth Rate (%)
Figure 11: Global Hybrid Electric Vehicle Market Map, By Powertrain Type Market Size (Thousand Units) & Growth Rate (%)
Figure 12: Global Hybrid Electric Vehicle Market Map, By Propulsion Type, Market Size (Thousand Units) & Growth Rate (%)
Figure 13: Global Hybrid Electric Vehicle Market Map, By Region, Market Size (Thousand Units) & Growth Rate (%)
Figure 14: Asia-Pacific Hybrid Electric Vehicle Market Size, By Volume (Thousand Units), 2017-2027F
Figure 15: Asia-Pacific Hybrid Electric Vehicle Market Size, By Value (USD Billion), 2017-2027F
Figure 16: Asia-Pacific Hybrid Electric Vehicle Market Share, By Hybridization Type , By Volume, 2017-2027F
Figure 17: Asia-Pacific Hybrid Electric Vehicle Market Share, By Vehicle Type, By Volume, 2017-2027F
Figure 18: Asia-Pacific Hybrid Electric Vehicle Market Share, By Powertrain Type, By Volume, 2017-2027F
Figure 19: Asia-Pacific Hybrid Electric Vehicle Market Share, By Propulsion Type, By Volume, 2017-2027F
Figure 20: Asia-Pacific Hybrid Electric Vehicle Market Share, By Country, By Volume, 2017-2027F
Figure 21: Asia-Pacific Hybrid Electric Vehicle Market Map, By Hybridization Type, Market Size (Thousand Units) & Growth Rate (%)
Figure 22: Asia-Pacific Hybrid Electric Vehicle Market Map, By Vehicle Type, Market Size (Thousand Units) & Growth Rate (%)
Figure 23: China Hybrid Electric Vehicle Market Size, By Volume (Thousand Units), 2017-2027F
Figure 24: China Hybrid Electric Vehicle Market Size, By Value (USD Billion), 2017-2027F
Figure 25: China Hybrid Electric Vehicle Market Share,By Hybridization Type , By Volume, 2017-2027F
Figure 26: China Hybrid Electric Vehicle Market Share, By Vehicle Type, By Volume, 2017-2027F
Figure 27: China Hybrid Electric Vehicle Market Share, By Powertrain Type, By Volume, 2017-2027F
Figure 28: China Hybrid Electric Vehicle Market Share, By Propulsion Type, By Volume, 2017-2027F
Figure 29: Japan Hybrid Electric Vehicle Market Size, By Volume (Thousand Units), 2017-2027F
Figure 30: Japan Hybrid Electric Vehicle Market Size, By Value (USD Billion), 2017-2027F
Figure 31: Japan Hybrid Electric Vehicle Market Share,By Hybridization Type , By Volume, 2017-2027F
Figure 32: Japan Hybrid Electric Vehicle Market Share, By Vehicle Type, By Volume, 2017-2027F
Figure 33: Japan Hybrid Electric Vehicle Market Share, By Powertrain Type, By Volume, 2017-2027F
Figure 34: Japan Hybrid Electric Vehicle Market Share, By Propulsion Type, By Volume, 2017-2027F
Figure 35: South Korea Hybrid Electric Vehicle Market Size, By Volume (Thousand Units), 2017-2027F
Figure 36: South Korea Hybrid Electric Vehicle Market Size, By Value (USD Billion), 2017-2027F
Figure 37: South Korea Hybrid Electric Vehicle Market Share,By Hybridization Type , By Volume, 2017-2027F
Figure 38: South Korea Hybrid Electric Vehicle Market Share, By Vehicle Type, By Volume, 2017-2027F
Figure 39: South Korea Hybrid Electric Vehicle Market Share, By Powertrain Type, By Volume, 2017-2027F
Figure 40: South Korea Hybrid Electric Vehicle Market Share, By Propulsion Type, By Volume, 2017-2027F
Figure 41: India Hybrid Electric Vehicle Market Size, By Volume (Thousand Units), 2017-2027F
Figure 42: India Hybrid Electric Vehicle Market Size, By Value (USD Billion), 2017-2027F
Figure 43: India Hybrid Electric Vehicle Market Share,By Hybridization Type , By Volume, 2017-2027F
Figure 44: India Hybrid Electric Vehicle Market Share, By Vehicle Type, By Volume, 2017-2027F
Figure 45: India Hybrid Electric Vehicle Market Share, By Powertrain Type, By Volume, 2017-2027F
Figure 46: India Hybrid Electric Vehicle Market Share, By Propulsion Type, By Volume, 2017-2027F
Figure 47: Australia Hybrid Electric Vehicle Market Size, By Volume (Thousand Units), 2017-2027F
Figure 48: Australia Hybrid Electric Vehicle Market Size, By Value (USD Billion), 2017-2027F
Figure 49: Australia Hybrid Electric Vehicle Market Share,By Hybridization Type , By Volume, 2017-2027F
Figure 50: Australia Hybrid Electric Vehicle Market Share, By Vehicle Type, By Volume, 2017-2027F
Figure 51: Australia Hybrid Electric Vehicle Market Share, By Powertrain Type, By Volume, 2017-2027F
Figure 52: Australia Hybrid Electric Vehicle Market Share, By Propulsion Type, By Volume, 2017-2027F
Figure 53: Europe Hybrid Electric Vehicle Market Size, By Volume (Thousand Units), 2017-2027F
Figure 54: Europe Hybrid Electric Vehicle Market Size, By Value (USD Billion), 2017-2027F
Figure 55: Europe Hybrid Electric Vehicle Market Share,By Hybridization Type , By Volume, 2017-2027F
Figure 56: Europe Hybrid Electric Vehicle Market Share, By Vehicle Type, By Volume, 2017-2027F
Figure 57: Europe Hybrid Electric Vehicle Market Share, By Powertrain Type, By Volume, 2017-2027F
Figure 58: Europe Hybrid Electric Vehicle Market Share, By Propulsion Type, By Volume, 2017-2027F
Figure 59: Europe Hybrid Electric Vehicle Market Share, By Country, By Volume, 2017-2027F
Figure 60: Europe Hybrid Electric Vehicle Market Map, By Hybridization Type, Market Size (Thousand Units) & Growth Rate (%)
Figure 61: Europe Hybrid Electric Vehicle Market Map, By Vehicle Type, Market Size (Thousand Units) & Growth Rate (%)
Figure 62: Germany Hybrid Electric Vehicle Market Size, By Volume (Thousand Units), 2017-2027F
Figure 63: Germany Hybrid Electric Vehicle Market Size, By Value (USD Billion), 2017-2027F
Figure 64: Germany Hybrid Electric Vehicle Market Share,By Hybridization Type , By Volume, 2017-2027F
Figure 65: Germany Hybrid Electric Vehicle Market Share, By Vehicle Type, By Volume, 2017-2027F
Figure 66: Germany Hybrid Electric Vehicle Market Share, By Powertrain Type, By Volume, 2017-2027F
Figure 67: Germany Hybrid Electric Vehicle Market Share, By Propulsion Type, By Volume, 2017-2027F
Figure 68: France Hybrid Electric Vehicle Market Size, By Volume (Thousand Units), 2017-2027F
Figure 69: France Hybrid Electric Vehicle Market Size, By Value (USD Billion), 2017-2027F
Figure 70: France Hybrid Electric Vehicle Market Share,By Hybridization Type , By Volume, 2017-2027F
Figure 71: France Hybrid Electric Vehicle Market Share, By Vehicle Type, By Volume, 2017-2027F
Figure 72: France Hybrid Electric Vehicle Market Share, By Powertrain Type, By Volume, 2017-2027F
Figure 73: France Hybrid Electric Vehicle Market Share, By Propulsion Type, By Volume, 2017-2027F
Figure 74: United Kingdom Hybrid Electric Vehicle Market Size, By Volume (Thousand Units), 2017-2027F
Figure 75: United Kingdom Hybrid Electric Vehicle Market Size, By Value (USD Billion), 2017-2027F
Figure 76: United Kingdom Hybrid Electric Vehicle Market Share,By Hybridization Type , By Volume, 2017-2027F
Figure 77: United Kingdom Hybrid Electric Vehicle Market Share, By Vehicle Type, By Volume, 2017-2027F
Figure 78: United Kingdom Hybrid Electric Vehicle Market Share, By Powertrain Type, By Volume, 2017-2027F
Figure 79: United Kingdom Hybrid Electric Vehicle Market Share, By Propulsion Type, By Volume, 2017-2027F
Figure 80: Italy Hybrid Electric Vehicle Market Size, By Volume (Thousand Units), 2017-2027F
Figure 81: Italy Hybrid Electric Vehicle Market Size, By Value (USD Billion), 2017-2027F
Figure 82: Italy Hybrid Electric Vehicle Market Share,By Hybridization Type , By Volume, 2017-2027F
Figure 83: Italy Hybrid Electric Vehicle Market Share, By Vehicle Type, By Volume, 2017-2027F
Figure 84: Italy Hybrid Electric Vehicle Market Share, By Powertrain Type, By Volume, 2017-2027F
Figure 85: Italy Hybrid Electric Vehicle Market Share, By Propulsion Type, By Volume, 2017-2027F
Figure 86: Spain Hybrid Electric Vehicle Market Size, By Volume (Thousand Units), 2017-2027F
Figure 87: Spain Hybrid Electric Vehicle Market Size, By Value (USD Billion), 2017-2027F
Figure 88: Spain Hybrid Electric Vehicle Market Share,By Hybridization Type , By Volume, 2017-2027F
Figure 89: Spain Hybrid Electric Vehicle Market Share, By Vehicle Type, By Volume, 2017-2027F
Figure 90: Spain Hybrid Electric Vehicle Market Share, By Powertrain Type, By Volume, 2017-2027F
Figure 91: Spain Hybrid Electric Vehicle Market Share, By Propulsion Type, By Volume, 2017-2027F
Figure 92: Netherland Hybrid Electric Vehicle Market Size, By Volume (Thousand Units), 2017-2027F
Figure 93: Netherland Hybrid Electric Vehicle Market Size, By Value (USD Billion), 2017-2027F
Figure 94: Netherland Hybrid Electric Vehicle Market Share,By Hybridization Type , By Volume, 2017-2027F
Figure 95: Netherland Hybrid Electric Vehicle Market Share, By Vehicle Type, By Volume, 2017-2027F
Figure 96: Netherland Hybrid Electric Vehicle Market Share, By Powertrain Type, By Volume, 2017-2027F
Figure 97: Netherland Hybrid Electric Vehicle Market Share, By Propulsion Type, By Volume, 2017-2027F
Figure 98: Norway Hybrid Electric Vehicle Market Size, By Volume (Thousand Units), 2017-2027F
Figure 99: Norway Hybrid Electric Vehicle Market Size, By Value (USD Billion), 2017-2027F
Figure 100: Norway Hybrid Electric Vehicle Market Share,By Hybridization Type , By Volume, 2017-2027F
Figure 101: Norway Hybrid Electric Vehicle Market Share, By Vehicle Type, By Volume, 2017-2027F
Figure 102: Norway Hybrid Electric Vehicle Market Share, By Powertrain Type, By Volume, 2017-2027F
Figure 103: Norway Hybrid Electric Vehicle Market Share, By Propulsion Type, By Volume, 2017-2027F
Figure 104: Sweden Hybrid Electric Vehicle Market Size, By Volume (Thousand Units), 2017-2027F
Figure 105: Sweden Hybrid Electric Vehicle Market Size, By Value (USD Billion), 2017-2027F
Figure 106: Sweden Hybrid Electric Vehicle Market Share,By Hybridization Type , By Volume, 2017-2027F
Figure 107: Sweden Hybrid Electric Vehicle Market Share, By Vehicle Type, By Volume, 2017-2027F
Figure 108: Sweden Hybrid Electric Vehicle Market Share, By Powertrain Type, By Volume, 2017-2027F
Figure 109: Sweden Hybrid Electric Vehicle Market Share, By Propulsion Type, By Volume, 2017-2027F
Figure 110: North America Hybrid Electric Vehicle Market Size, By Volume (Thousand Units), 2017-2027F
Figure 111: North America Hybrid Electric Vehicle Market Size, By Value (USD Billion), 2017-2027F
Figure 112: North America Hybrid Electric Vehicle Market Share,By Hybridization Type , By Volume, 2017-2027F
Figure 113: North America Hybrid Electric Vehicle Market Share, By Vehicle Type, By Volume, 2017-2027F
Figure 114: North America Hybrid Electric Vehicle Market Share, By Powertrain Type, By Volume, 2017-2027F
Figure 115: North America Hybrid Electric Vehicle Market Share, By Propulsion Type, By Volume, 2017-2027F
Figure 116: North America Hybrid Electric Vehicle Market Share, By Country, By Volume, 2017-2027F
Figure 117: North America Hybrid Electric Vehicle Market Map, By Hybridization Type, Market Size (Thousand Units) & Growth Rate (%)
Figure 118: North America Hybrid Electric Vehicle Market Map, By Vehicle Type, Market Size (Thousand Units) & Growth Rate (%)
Figure 119: United States Hybrid Electric Vehicle Market Size, By Volume (Thousand Units), 2017-2027F
Figure 120: United States Hybrid Electric Vehicle Market Size, By Value (USD Billion), 2017-2027F
Figure 121: United States Hybrid Electric Vehicle Market Share, By Hybridization Type , By Volume, 2017-2027F
Figure 122: United States Hybrid Electric Vehicle Market Share, By Vehicle Type, By Volume, 2017-2027F
Figure 123: United States Hybrid Electric Vehicle Market Share, By Powertrain Type, By Volume, 2017-2027F
Figure 124: United States Hybrid Electric Vehicle Market Share, By Propulsion Type, By Volume, 2017-2027F
Figure 125: Canada Hybrid Electric Vehicle Market Size, By Volume (Thousand Units), 2017-2027F
Figure 126: Canada Hybrid Electric Vehicle Market Size, By Value (USD Billion), 2017-2027F
Figure 127: Canada Hybrid Electric Vehicle Market Share, By Hybridization Type , By Volume, 2017-2027F
Figure 128: Canada Hybrid Electric Vehicle Market Share, By Vehicle Type, By Volume, 2017-2027F
Figure 129: Canada Hybrid Electric Vehicle Market Share, By Powertrain Type, By Volume, 2017-2027F
Figure 130: Canada Hybrid Electric Vehicle Market Share, By Propulsion Type, By Volume, 2017-2027F
Figure 131: Mexico Hybrid Electric Vehicle Market Size, By Volume (Thousand Units), 2017-2027F
Figure 132: Mexico Hybrid Electric Vehicle Market Size, By Value (USD Billion), 2017-2027F
Figure 133: Mexico Hybrid Electric Vehicle Market Share, By Hybridization Type , By Volume, 2017-2027F
Figure 134: Mexico Hybrid Electric Vehicle Market Share, By Vehicle Type, By Volume, 2017-2027F
Figure 135: Mexico Hybrid Electric Vehicle Market Share, By Powertrain Type, By Volume, 2017-2027F
Figure 136: Mexico Hybrid Electric Vehicle Market Share, By Propulsion Type, By Volume, 2017-2027F
Figure 137: South America Hybrid Electric Vehicle Market Size, By Volume (Thousand Units), 2017-2027F
Figure 138: South America Hybrid Electric Vehicle Market Size, By Value (USD Billion), 2017-2027F
Figure 139: South America Hybrid Electric Vehicle Market Share, By Hybridization Type, By Volume, 2017-2027F
Figure 140: South America Hybrid Electric Vehicle Market Share, By Vehicle Type, By Volume, 2017-2027F
Figure 141: South America Hybrid Electric Vehicle Market Share, By Powertrain Type, By Volume, 2017-2027F
Figure 142: South America Hybrid Electric Vehicle Market Share, By Propulsion Type, By Volume, 2017-2027F
Figure 143: South America Hybrid Electric Vehicle Market Share, By Country, By Volume, 2017-2027F
Figure 144: South America Hybrid Electric Vehicle Market Map, By Hybridization Type, Market Size (Thousand Units) & Growth Rate (%)
Figure 145: Brazil Hybrid Electric Vehicle Market Size, By Volume (Thousand Units), 2017-2027F
Figure 146: Brazil Hybrid Electric Vehicle Market Size, By Value (USD Billion), 2017-2027F
Figure 147: Brazil Hybrid Electric Vehicle Market Share, By Hybridization Type , By Volume, 2017-2027F
Figure 148: Brazil Hybrid Electric Vehicle Market Share, By Vehicle Type, By Volume, 2017-2027F
Figure 149: Brazil Hybrid Electric Vehicle Market Share, By Powertrain Type, By Volume, 2017-2027F
Figure 150: Brazil Hybrid Electric Vehicle Market Share, By Propulsion Type, By Volume, 2017-2027F
Figure 151: Argentina Hybrid Electric Vehicle Market Size, By Volume (Thousand Units), 2017-2027F
Figure 152: Argentina Hybrid Electric Vehicle Market Size, By Value (USD Billion), 2017-2027F
Figure 153: Argentina Hybrid Electric Vehicle Market Share,By Hybridization Type , By Volume, 2017-2027F
Figure 154: Argentina Hybrid Electric Vehicle Market Share, By Vehicle Type, By Volume, 2017-2027F
Figure 155: Argentina Hybrid Electric Vehicle Market Share, By Powertrain Type, By Volume, 2017-2027F
Figure 156: Argentina Hybrid Electric Vehicle Market Share, By Propulsion Type, By Volume, 2017-2027F
Figure 157: Colombia Hybrid Electric Vehicle Market Size, By Volume (Thousand Units), 2017-2027F
Figure 158: Colombia Hybrid Electric Vehicle Market Size, By Value (USD Billion), 2017-2027F
Figure 159: Colombia Hybrid Electric Vehicle Market Share,By Hybridization Type, By Volume, 2017-2027F
Figure 160: Colombia Hybrid Electric Vehicle Market Share, By Vehicle Type, By Volume, 2017-2027F
Figure 161: Colombia Hybrid Electric Vehicle Market Share, By Powertrain Type, By Volume, 2017-2027F
Figure 162: Colombia Hybrid Electric Vehicle Market Share, By Propulsion Type, By Volume, 2017-2027F
Figure 163: Middle East & Africa Hybrid Electric Vehicle Market Size, By Volume (Thousand Units), 2017-2027F
Figure 164: Middle East & Africa Hybrid Electric Vehicle Market Size, By Value (USD Billion), 2017-2027F
Figure 165: Middle East & Africa Hybrid Electric Vehicle Market Share,By Hybridization Type , By Volume, 2017-2027F
Figure 166: Middle East & Africa Hybrid Electric Vehicle Market Share, By Vehicle Type, By Volume, 2017-2027F
Figure 167: Middle East & Africa Hybrid Electric Vehicle Market Share, By Powertrain Type, By Volume, 2017-2027F
Figure 168: Middle East & Africa Hybrid Electric Vehicle Market Share, By Propulsion Type, By Volume, 2017-2027F
Figure 169: Middle East & Africa Hybrid Electric Vehicle Market Share, By Country, By Volume, 2017-2027F
Figure 170: Middle East & Africa Hybrid Electric Vehicle Market Map, By Hybridization Type, Market Size (Thousand Units) & Growth Rate (%)
Figure 171: UAE Hybrid Electric Vehicle Market Size, By Volume (Thousand Units), 2017-2027F
Figure 172: UAE Hybrid Electric Vehicle Market Size, By Value (USD Billion), 2017-2027F
Figure 173: UAE Hybrid Electric Vehicle Market Share, By Hybridization Type , By Volume, 2017-2027F
Figure 174: UAE Hybrid Electric Vehicle Market Share, By Vehicle Type, By Volume, 2017-2027F
Figure 175: UAE Hybrid Electric Vehicle Market Share, By Powertrain Type, By Volume, 2017-2027F
Figure 176: UAE Hybrid Electric Vehicle Market Share, By Propulsion Type, By Volume, 2017-2027F
Figure 177: Saudi Arabia Hybrid Electric Vehicle Market Size, By Volume (Thousand Units), 2017-2027F
Figure 178: Saudi Arabia Hybrid Electric Vehicle Market Size, By Value (USD Billion), 2017-2027F
Figure 179: Saudi Arabia Hybrid Electric Vehicle Market Share, By Hybridization Type , By Volume, 2017-2027F
Figure 180: Saudi Arabia Hybrid Electric Vehicle Market Share, By Vehicle Type, By Volume, 2017-2027F
Figure 181: Saudi Arabia Hybrid Electric Vehicle Market Share, By Powertrain Type, By Volume, 2017-2027F
Figure 182: Saudi Arabia Hybrid Electric Vehicle Market Share, By Propulsion Type, By Volume, 2017-2027F
Figure 183: South Africa Hybrid Electric Vehicle Market Size, By Volume (Thousand Units), 2017-2027F
Figure 184: South Africa Hybrid Electric Vehicle Market Size, By Value (USD Billion), 2017-2027F
Figure 185: South Africa Hybrid Electric Vehicle Market Share, By Hybridization Type , By Volume, 2017-2027F
Figure 186: South Africa Hybrid Electric Vehicle Market Share, By Vehicle Type, By Volume, 2017-2027F
Figure 187: South Africa Hybrid Electric Vehicle Market Share, By Powertrain Type, By Volume, 2017-2027F
Figure 188: South Africa Hybrid Electric Vehicle Market Share, By Propulsion Type, By Volume, 2017-2027F

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

Toyota Motor Corporation
Volkswagen AG
Honda Motor Co., Ltd.
Nissan Motor Co., Ltd.
Groupe Renault
BMW AG
Suzuki Motor Corporation
Wuling Motors Holdings Limited
AB Volvo
The General Motors Company

License	Format	Properties	Price
SINGLE USER LICENSE PDF	The product is a PDF.	This is a single user license, allowing one user access to the product.	€4712EUR$4,900USD£4,042GBP
ENTERPRISE LICENSE PDF	The product is a PDF.	This is an enterprise license, allowing all employees within your organization access to the product.	€5673EUR$5,900USD£4,867GBP

Technological Improvement in Hybrid Electric Vehicles

Government Initiatives

Increased Price of the Vehicles

Recent Developments

Market Segmentation

Company Profiles

Report Scope:

Global Hybrid Electric Vehicle Market, By Hybridization Type:

Global Hybrid Electric Vehicle Market, By Vehicle Type:

Global Hybrid Electric Vehicle Market, By Powertrain:

Global Hybrid Electric Vehicle Market, By Propulsion:

Global Hybrid Electric Vehicle Market, By Region:

Competitive Landscape

Available Customizations:

Table of Contents

Companies Mentioned (Partial List)

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