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Hybrid Vehicle Market Size to Worth Around US$ 1670.5 Billion by 2030

The global hybrid vehicle market size is expected to reach USD 1670.5 Billion by 2030, with a CAGR of 28.90% from 2022 to 2030.

[150+ Pages Report] As per the latest Research and survey report issued by Precedence Research, the global hybrid vehicle market was valued at around USD 350.1 billion in 2021 and is expected to register revenues worth USD 1670.5 billion by the end of 2030, growing at an exceptional CAGR of approximately 28.90% between 2022 and 2030.

Hybrid Vehicle Market

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Hybrid Vehicle Market Report Scope

A recent study by Precedence Research on the hybrid vehicle market offers a forecast for 2022 and 2030. The study analyzes crucial trends that are currently determining the growth of the hybrid vehicle market. This report explicates on vital dynamics such as the drivers, restraints, and opportunities for key market players, along with key stakeholders as well as emerging players associated with the manufacturing of hybrid vehicle. The study also provides the dynamics that are responsible for influencing the future status of the hybrid vehicle market over the forecast period.

A detailed assessment of the hybrid vehicle market value chain analysis, business execution, and supply chain analysis across regional markets has been covered in the report. A list of prominent companies operating in the hybrid vehicle market along with their product portfolio enhances the reliability of this comprehensive research study.

Competition Landscape

The report has engulfed a chapter on the global hybrid vehicle market’s competitive landscape, which provides detailed analysis and insights on companies offering hybrid vehicle. Profiles of key companies, along with a strategic overview of their M&A and expansion plans across geographies, have been delivered in this chapter. This chapter is priceless for report readers, as its enables them in gauging their growth potential in the market and implement key strategies for extending their market reach.

This chapter offers key recommendations for both new and existing market participants, enabling them to emerge sustainably and profitably. Intelligence on the market players has been delivered on the basis of their product overview, SWOT analysis, key developments, key financials and company overview. Occupancy of these market participants has been tracked by the report and portrayed via an intensity map.

Read Also@ 5G Services Market Size to Worth Around US$ 1.87 trillion by 2030

Some of the Prominent Players in the Hybrid Vehicle Market Include:
  • Toyota Motor Company
  • Honda Motor Company
  • BYD Company Ltd
  • Lexus
  • Ford motor company
  • Kia Motors Company
  • Nissan Motor Company
  • Volkswagen AG
  • AB Volvo
Hybrid Vehicle Market Segmentation

By Hybridization

  • Fully hybrid
  • Micro hybrid
  • Mild hybrid

By Drivetrain

  • Parallel drivetrain
  • Series drivetrain

By Vehicle

  • Passenger car
  • Commercial vehicles

By Propulsion

  • HEV
  • PHEV
  • NGV

By Component Type

  • Battery
  • Electric Motor
  • Transmission

Regional Segmentation

  • Asia-Pacific [China, Southeast Asia, India, Japan, Korea, Western Asia]
  • Europe [Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
  • North America [United States, Canada, Mexico]
  • South America [Brazil, Argentina, Columbia, Chile, Peru]
  • Middle East & Africa [GCC, North Africa, South Africa]

Regional Analysis

The research report includes a detailed study of regions of North America, Europe, China, Japan and Rest of the World. The report has been curated after observing and studying various factors that determine regional growth such as economic, environmental, social, technological, and political status of the particular region. Analysts have studied the data of revenue and manufacturers of each region. This section analyses region-wise revenue and volume for the forecast period of 2022 to 2030. These analyses will help the reader to understand the potential worth of investment in a particular region.

The report provides in-depth segment analysis of the global hybrid vehicle market, thereby providing valuable insights at macro as well as micro levels. Analysis of major countries, which hold growth opportunities or account for significant share has also been included as part of geographic analysis of the hybrid vehicle market.

The report includes country-wise and region-wise market size for the period 2022-2030. It also includes market size and forecast by segments in terms of production capacity, price and revenue for the period 2022-2030.

Why should you invest in this report?

If you are aiming to enter the global hybrid vehicle market, this report is a comprehensive guide that provides crystal clear insights into this niche market. All the major application areas for hybrid vehicle are covered in this report and information is given on the important regions of the world where this market is likely to boom during the forecast period of 2022-2030 so that you can plan your strategies to enter this market accordingly.

Besides, through this report, you can have a complete grasp of the level of competition you will be facing in this hugely competitive market and if you are an established player in this market already, this report will help you gauge the strategies that your competitors have adopted to stay as market leaders in this market. For new entrants to this market, the voluminous data provided in this report is invaluable.

Table of Contents

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Hybrid Vehicle Market 

5.1. COVID-19 Landscape: Hybrid Vehicle Industry Impact

5.2. COVID 19 – Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

Chapter 6. Market Dynamics Analysis and Trends

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Hybrid Vehicle Market, By Hybridization

8.1. Hybrid Vehicle Market, by Hybridization, 2022-2030

8.1.1. Fully hybrid

8.1.1.1. Market Revenue and Forecast (2017-2030)

8.1.2. Micro hybrid

8.1.2.1. Market Revenue and Forecast (2017-2030)

8.1.2. Mild hybrid

8.1.2.1. Market Revenue and Forecast (2017-2030)

Chapter 9. Global Hybrid Vehicle Market, By Drivetrain

9.1. Hybrid Vehicle Market, by Drivetrain, 2022-2030

9.1.1. Parallel drivetrain

9.1.1.1. Market Revenue and Forecast (2017-2030)

9.1.2. Series drivetrain

9.1.2.1. Market Revenue and Forecast (2017-2030)

Chapter 10. Global Hybrid Vehicle Market, By Vehicle 

10.1. Hybrid Vehicle Market, by Vehicle, 2022-2030

10.1.1. Passenger car

10.1.1.1. Market Revenue and Forecast (2017-2030)

10.1.2. Commercial vehicles

10.1.2.1. Market Revenue and Forecast (2017-2030)

Chapter 11. Global Hybrid Vehicle Market, By Propulsion

11.1. Hybrid Vehicle Market, by Propulsion, 2022-2030

11.1.1. HEV

11.1.1.1. Market Revenue and Forecast (2017-2030)

11.1.2. PHEV

11.1.2.1. Market Revenue and Forecast (2017-2030)

11.1.3. NGV

11.1.3.1. Market Revenue and Forecast (2017-2030)

Chapter 12. Global Hybrid Vehicle Market, By Component Type

12.1. Hybrid Vehicle Market, by Component Type, 2022-2030

12.1.1. Battery

12.1.1.1. Market Revenue and Forecast (2017-2030)

12.1.2. Electric Motor

12.1.2.1. Market Revenue and Forecast (2017-2030)

12.1.3. Transmission

12.1.3.1. Market Revenue and Forecast (2017-2030)

Chapter 13. Global Hybrid Vehicle Market, Regional Estimates and Trend Forecast

13.1. North America

13.1.1. Market Revenue and Forecast, by Hybridization (2017-2030)

13.1.2. Market Revenue and Forecast, by Drivetrain (2017-2030)

13.1.3. Market Revenue and Forecast, by Vehicle (2017-2030)

13.1.4. Market Revenue and Forecast, by Propulsion (2017-2030)

13.1.5. Market Revenue and Forecast, by Component Type (2017-2030)

13.1.6. U.S.

13.1.6.1. Market Revenue and Forecast, by Hybridization (2017-2030)

13.1.6.2. Market Revenue and Forecast, by Drivetrain (2017-2030)

13.1.6.3. Market Revenue and Forecast, by Vehicle (2017-2030)

13.1.6.4. Market Revenue and Forecast, by Propulsion (2017-2030)

13.1.7. Market Revenue and Forecast, by Component Type (2017-2030)

13.1.8. Rest of North America

13.1.8.1. Market Revenue and Forecast, by Hybridization (2017-2030)

13.1.8.2. Market Revenue and Forecast, by Drivetrain (2017-2030)

13.1.8.3. Market Revenue and Forecast, by Vehicle (2017-2030)

13.1.8.4. Market Revenue and Forecast, by Propulsion (2017-2030)

13.1.8.5. Market Revenue and Forecast, by Component Type (2017-2030)

13.2. Europe

13.2.1. Market Revenue and Forecast, by Hybridization (2017-2030)

13.2.2. Market Revenue and Forecast, by Drivetrain (2017-2030)

13.2.3. Market Revenue and Forecast, by Vehicle (2017-2030)

13.2.4. Market Revenue and Forecast, by Propulsion (2017-2030)

13.2.5. Market Revenue and Forecast, by Component Type (2017-2030)

13.2.6. UK

13.2.6.1. Market Revenue and Forecast, by Hybridization (2017-2030)

13.2.6.2. Market Revenue and Forecast, by Drivetrain (2017-2030)

13.2.6.3. Market Revenue and Forecast, by Vehicle (2017-2030)

13.2.7. Market Revenue and Forecast, by Propulsion (2017-2030)

13.2.8. Market Revenue and Forecast, by Component Type (2017-2030)

13.2.9. Germany

13.2.9.1. Market Revenue and Forecast, by Hybridization (2017-2030)

13.2.9.2. Market Revenue and Forecast, by Drivetrain (2017-2030)

13.2.9.3. Market Revenue and Forecast, by Vehicle (2017-2030)

13.2.10. Market Revenue and Forecast, by Propulsion (2017-2030)

13.2.11. Market Revenue and Forecast, by Component Type (2017-2030)

13.2.12. France

13.2.12.1. Market Revenue and Forecast, by Hybridization (2017-2030)

13.2.12.2. Market Revenue and Forecast, by Drivetrain (2017-2030)

13.2.12.3. Market Revenue and Forecast, by Vehicle (2017-2030)

13.2.12.4. Market Revenue and Forecast, by Propulsion (2017-2030)

13.2.13. Market Revenue and Forecast, by Component Type (2017-2030)

13.2.14. Rest of Europe

13.2.14.1. Market Revenue and Forecast, by Hybridization (2017-2030)

13.2.14.2. Market Revenue and Forecast, by Drivetrain (2017-2030)

13.2.14.3. Market Revenue and Forecast, by Vehicle (2017-2030)

13.2.14.4. Market Revenue and Forecast, by Propulsion (2017-2030)

13.2.15. Market Revenue and Forecast, by Component Type (2017-2030)

13.3. APAC

13.3.1. Market Revenue and Forecast, by Hybridization (2017-2030)

13.3.2. Market Revenue and Forecast, by Drivetrain (2017-2030)

13.3.3. Market Revenue and Forecast, by Vehicle (2017-2030)

13.3.4. Market Revenue and Forecast, by Propulsion (2017-2030)

13.3.5. Market Revenue and Forecast, by Component Type (2017-2030)

13.3.6. India

13.3.6.1. Market Revenue and Forecast, by Hybridization (2017-2030)

13.3.6.2. Market Revenue and Forecast, by Drivetrain (2017-2030)

13.3.6.3. Market Revenue and Forecast, by Vehicle (2017-2030)

13.3.6.4. Market Revenue and Forecast, by Propulsion (2017-2030)

13.3.7. Market Revenue and Forecast, by Component Type (2017-2030)

13.3.8. China

13.3.8.1. Market Revenue and Forecast, by Hybridization (2017-2030)

13.3.8.2. Market Revenue and Forecast, by Drivetrain (2017-2030)

13.3.8.3. Market Revenue and Forecast, by Vehicle (2017-2030)

13.3.8.4. Market Revenue and Forecast, by Propulsion (2017-2030)

13.3.9. Market Revenue and Forecast, by Component Type (2017-2030)

13.3.10. Japan

13.3.10.1. Market Revenue and Forecast, by Hybridization (2017-2030)

13.3.10.2. Market Revenue and Forecast, by Drivetrain (2017-2030)

13.3.10.3. Market Revenue and Forecast, by Vehicle (2017-2030)

13.3.10.4. Market Revenue and Forecast, by Propulsion (2017-2030)

13.3.10.5. Market Revenue and Forecast, by Component Type (2017-2030)

13.3.11. Rest of APAC

13.3.11.1. Market Revenue and Forecast, by Hybridization (2017-2030)

13.3.11.2. Market Revenue and Forecast, by Drivetrain (2017-2030)

13.3.11.3. Market Revenue and Forecast, by Vehicle (2017-2030)

13.3.11.4. Market Revenue and Forecast, by Propulsion (2017-2030)

13.3.11.5. Market Revenue and Forecast, by Component Type (2017-2030)

13.4. MEA

13.4.1. Market Revenue and Forecast, by Hybridization (2017-2030)

13.4.2. Market Revenue and Forecast, by Drivetrain (2017-2030)

13.4.3. Market Revenue and Forecast, by Vehicle (2017-2030)

13.4.4. Market Revenue and Forecast, by Propulsion (2017-2030)

13.4.5. Market Revenue and Forecast, by Component Type (2017-2030)

13.4.6. GCC

13.4.6.1. Market Revenue and Forecast, by Hybridization (2017-2030)

13.4.6.2. Market Revenue and Forecast, by Drivetrain (2017-2030)

13.4.6.3. Market Revenue and Forecast, by Vehicle (2017-2030)

13.4.6.4. Market Revenue and Forecast, by Propulsion (2017-2030)

13.4.7. Market Revenue and Forecast, by Component Type (2017-2030)

13.4.8. North Africa

13.4.8.1. Market Revenue and Forecast, by Hybridization (2017-2030)

13.4.8.2. Market Revenue and Forecast, by Drivetrain (2017-2030)

13.4.8.3. Market Revenue and Forecast, by Vehicle (2017-2030)

13.4.8.4. Market Revenue and Forecast, by Propulsion (2017-2030)

13.4.9. Market Revenue and Forecast, by Component Type (2017-2030)

13.4.10. South Africa

13.4.10.1. Market Revenue and Forecast, by Hybridization (2017-2030)

13.4.10.2. Market Revenue and Forecast, by Drivetrain (2017-2030)

13.4.10.3. Market Revenue and Forecast, by Vehicle (2017-2030)

13.4.10.4. Market Revenue and Forecast, by Propulsion (2017-2030)

13.4.10.5. Market Revenue and Forecast, by Component Type (2017-2030)

13.4.11. Rest of MEA

13.4.11.1. Market Revenue and Forecast, by Hybridization (2017-2030)

13.4.11.2. Market Revenue and Forecast, by Drivetrain (2017-2030)

13.4.11.3. Market Revenue and Forecast, by Vehicle (2017-2030)

13.4.11.4. Market Revenue and Forecast, by Propulsion (2017-2030)

13.4.11.5. Market Revenue and Forecast, by Component Type (2017-2030)

13.5. Latin America

13.5.1. Market Revenue and Forecast, by Hybridization (2017-2030)

13.5.2. Market Revenue and Forecast, by Drivetrain (2017-2030)

13.5.3. Market Revenue and Forecast, by Vehicle (2017-2030)

13.5.4. Market Revenue and Forecast, by Propulsion (2017-2030)

13.5.5. Market Revenue and Forecast, by Component Type (2017-2030)

13.5.6. Brazil

13.5.6.1. Market Revenue and Forecast, by Hybridization (2017-2030)

13.5.6.2. Market Revenue and Forecast, by Drivetrain (2017-2030)

13.5.6.3. Market Revenue and Forecast, by Vehicle (2017-2030)

13.5.6.4. Market Revenue and Forecast, by Propulsion (2017-2030)

13.5.7. Market Revenue and Forecast, by Component Type (2017-2030)

13.5.8. Rest of LATAM

13.5.8.1. Market Revenue and Forecast, by Hybridization (2017-2030)

13.5.8.2. Market Revenue and Forecast, by Drivetrain (2017-2030)

13.5.8.3. Market Revenue and Forecast, by Vehicle (2017-2030)

13.5.8.4. Market Revenue and Forecast, by Propulsion (2017-2030)

13.5.8.5. Market Revenue and Forecast, by Component Type (2017-2030)

Chapter 14. Company Profiles

14.1. Toyota Motor Company

14.1.1. Company Overview

14.1.2. Product Offerings

14.1.3. Financial Performance

14.1.4. Recent Initiatives

14.2. Honda Motor Company

14.2.1. Company Overview

14.2.2. Product Offerings

14.2.3. Financial Performance

14.2.4. Recent Initiatives

14.3. BYD Company Ltd

14.3.1. Company Overview

14.3.2. Product Offerings

14.3.3. Financial Performance

14.3.4. Recent Initiatives

14.4. Lexus

14.4.1. Company Overview

14.4.2. Product Offerings

14.4.3. Financial Performance

14.4.4. Recent Initiatives

14.5. Ford motor company

14.5.1. Company Overview

14.5.2. Product Offerings

14.5.3. Financial Performance

14.5.4. Recent Initiatives

14.6. Kia Motors Company

14.6.1. Company Overview

14.6.2. Product Offerings

14.6.3. Financial Performance

14.6.4. Recent Initiatives

14.7. Nissan Motor Company

14.7.1. Company Overview

14.7.2. Product Offerings

14.7.3. Financial Performance

14.7.4. Recent Initiatives

14.8. Volkswagen AG

14.8.1. Company Overview

14.8.2. Product Offerings

14.8.3. Financial Performance

14.8.4. Recent Initiatives

14.9. AB Volvo

14.9.1. Company Overview

14.9.2. Product Offerings

14.9.3. Financial Performance

14.9.4. Recent Initiatives

Chapter 15. Research Methodology

15.1. Primary Research

15.2. Secondary Research

15.3. Assumptions

Chapter 16. Appendix

16.1. About Us

16.2. Glossary of Terms

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About Us

Precedence Research is a Canada/India based company and one of the leading providers of strategic market insights. We offer executive-level blueprints of markets and solutions beyond flagship surveys. Our repository covers consultation, syndicated market studies, and customized research reports. Through our services we aim at connecting an organization’s goal with lucrative prospects globally.

From gauging investment feasibility to uncovering hidden growth opportunities, our market studies cover in-depth analysis, which also is interspersed with relevant statistics. Recommendation are often enclosed within our reports with the sole intent of enabling organizations achieve mission-critical success.

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Janet Edward

I have completed my education in Bachelors in Computer Application. A focused learner having a keen interest in the field of digital marketing, SEO, SMM, and Google Analytics enthusiastic to learn new things along with building leadership skills.

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