Automotive

Plug-in Hybrid Electric Vehicles (PHEV) Market Report 2030

The global plug-in hybrid electric vehicles (PHEV) market size accounted for US$ 122.6 billion in 2021 and is projected to reach around USD 279.4 billion by 2030, growing at a CAGR of 9.58% from 2022 to 2030.

Plug-in Hybrid Electric Vehicles (PHEV) Market Key Takeaway:

  • By power source, the stored electricity segment accounted highest revenue share of over 71% in 2021.
  • By vehicle type, the passenger vehicle segment has held 84% of the total revenue share in 2021.
  • The India plug-in hybrid electric vehicles market is registering growth at a CAGR of 7.4% from 2022 to 2030.
  • The U.S. has hold 74 to 76% of the North America market share in 2021.

Plug-in Hybrid Electric Vehicle Market Size 2022 to 2030

Report Summary

The global plug-in hybrid electric vehicles (PHEV) market report provides a Point-by-Point and In-Depth analysis of global market size, regional and country-level market size, market share, segmentation market growth, competitive landscape, sales analysis, opportunities analysis, strategic market growth analysis, the impact of domestic and global market key players, value chain optimization, trade regulations, recent developments, product launches, area marketplace expanding, and technological innovations.

The study offers a comprehensive analysis on diverse features, including production capacities, demand, product developments, revenue generation, and sales in the plug-in hybrid electric vehicles (PHEV) market across the globe.

A comprehensive estimate on the plug-in hybrid electric vehicles (PHEV) market has been provided through an optimistic scenario as well as a conservative scenario, taking into account the sales of plug-in hybrid electric vehicles (PHEV) during the forecast period. Price point comparison by region with global average price is also considered in the study.

Plug-in Hybrid Electric Vehicles Market Scope

Report CoverageDetails
Market Size in 2022USD 134.35 Billion
Market Size by 2030USD 279.4 Billion
Growth Rate from 2022 to 2030CAGR of 9.58%
Base Year2021
Forecast Period2022 to 2030
Segments CoveredPower Source, Powertrain, Vehicle Type and Geography

Key Highlights:

Reports Coverage: It incorporates key market sections, key makers secured, the extent of items offered in the years considered, worldwide containerized plug-in hybrid electric vehicles (PHEV) market and study goals. Moreover, it contacts the division study gave in the report based on the sort of item and applications.

Market Outline: This area stresses the key investigations, market development rate, serious scene, market drivers, patterns, and issues notwithstanding the naturally visible pointers.

Market Production by Region: The report conveys information identified with import and fare, income, creation, and key players of every single local market contemplated are canvassed right now.

Also Read: Home Medical Equipment Market Size Analysis 2022 To 2030

Plug-in Hybrid Electric Vehicles (PHEV) Market Players

The report includes the profiles of key plug-in hybrid electric vehicles (PHEV) market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information, key development in past five years.

Major companies operating in this area are Nissan Motor Co., Ltd, Mercedes-Benz Group AG, General Motors, Volkswagen AG, Renault Group, Ford Motor Company, BMW Group, Honda Motor Co., Ltd, MITSUBISHI HEAVY INDUSTRIES, LTD, TOYOTA MOTOR CORPORATION, and Others

Market Segmentation

By Power Source

  • Stored Electricity
  • On-board Electric Generator

By Powertrain

  • Series Hybrid
  • Parallel Hybrid
  • Combined Hybrid

By Vehicle Type

  • Passenger Cars
  • Commercial Vehicles
  • Two Wheelers
  • Others

Regional Segmentation

  • North America (U.S., Canada, Mexico)
  • Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
  • Asia-Pacific (China, Japan, India, Southeast Asia and Rest of APAC)
  • Latin America (Brazil and Rest of Latin America)
  • Middle East and Africa (GCC, North Africa, South Africa, Rest of MEA)

Research Methodology

Secondary Research

It involves company databases such as Hoover’s: This assists us to recognize financial information, the structure of the market participants and industry’s competitive landscape.

The secondary research sources referred in the process are as follows:

  • Governmental bodies, and organizations creating economic policies
  • National and international social welfare institutions
  • Company websites, financial reports and SEC filings, broker and investor reports
  • Related patent and regulatory databases
  • Statistical databases and market reports
  • Corporate Presentations, news, press release, and specification sheet of Manufacturers

Primary Research

Primary research includes face-to-face interviews, online surveys, and telephonic interviews.

  • Means of primary research: Email interactions, telephonic discussions and Questionnaire-based research etc.
  • In order to validate our research findings and analysis, we conduct primary interviews of key industry participants. Insights from primary respondents help in validating the secondary research findings. It also develops Research Team’s expertise and market understanding.

TABLE OF CONTENT

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 Plug-in Hybrid Electric Vehicles (PHEV) Market 

5.1. COVID-19 Landscape: Plug-in Hybrid Electric Vehicles (PHEV) 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 Plug-in Hybrid Electric Vehicles (PHEV) Market, By Power Source

8.1. Plug-in Hybrid Electric Vehicles (PHEV) Market, by Power Source, 2022-2030

8.1.1 Stored Electricity

8.1.1.1. Market Revenue and Forecast (2017-2030)

8.1.2. On-board Electric Generator

8.1.2.1. Market Revenue and Forecast (2017-2030)

Chapter 9. Global Plug-in Hybrid Electric Vehicles (PHEV) Market, By Powertrain

9.1. Plug-in Hybrid Electric Vehicles (PHEV) Market, by Powertrain, 2022-2030

9.1.1. Series Hybrid

9.1.1.1. Market Revenue and Forecast (2017-2030)

9.1.2. Parallel Hybrid

9.1.2.1. Market Revenue and Forecast (2017-2030)

9.1.3. Combined Hybrid

9.1.3.1. Market Revenue and Forecast (2017-2030)

Chapter 10. Global Plug-in Hybrid Electric Vehicles (PHEV) Market, By Vehicle Type 

10.1. Plug-in Hybrid Electric Vehicles (PHEV) Market, by Vehicle Type, 2022-2030

10.1.1. Passenger Cars

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)

10.1.3. Two Wheelers

10.1.3.1. Market Revenue and Forecast (2017-2030)

10.1.4. Others

10.1.4.1. Market Revenue and Forecast (2017-2030)

Chapter 11. Global Plug-in Hybrid Electric Vehicles (PHEV) Market, Regional Estimates and Trend Forecast

11.1. North America

11.1.1. Market Revenue and Forecast, by Power Source (2017-2030)

11.1.2. Market Revenue and Forecast, by Powertrain (2017-2030)

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

11.1.4. U.S.

11.1.4.1. Market Revenue and Forecast, by Power Source (2017-2030)

11.1.4.2. Market Revenue and Forecast, by Powertrain (2017-2030)

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

11.1.5. Rest of North America

11.1.5.1. Market Revenue and Forecast, by Power Source (2017-2030)

11.1.5.2. Market Revenue and Forecast, by Powertrain (2017-2030)

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

11.2. Europe

11.2.1. Market Revenue and Forecast, by Power Source (2017-2030)

11.2.2. Market Revenue and Forecast, by Powertrain (2017-2030)

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

11.2.4. UK

11.2.4.1. Market Revenue and Forecast, by Power Source (2017-2030)

11.2.4.2. Market Revenue and Forecast, by Powertrain (2017-2030)

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

11.2.5. Germany

11.2.5.1. Market Revenue and Forecast, by Power Source (2017-2030)

11.2.5.2. Market Revenue and Forecast, by Powertrain (2017-2030)

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

11.2.6. France

11.2.6.1. Market Revenue and Forecast, by Power Source (2017-2030)

11.2.6.2. Market Revenue and Forecast, by Powertrain (2017-2030)

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

11.2.7. Rest of Europe

11.2.7.1. Market Revenue and Forecast, by Power Source (2017-2030)

11.2.7.2. Market Revenue and Forecast, by Powertrain (2017-2030)

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

11.3. APAC

11.3.1. Market Revenue and Forecast, by Power Source (2017-2030)

11.3.2. Market Revenue and Forecast, by Powertrain (2017-2030)

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

11.3.4. India

11.3.4.1. Market Revenue and Forecast, by Power Source (2017-2030)

11.3.4.2. Market Revenue and Forecast, by Powertrain (2017-2030)

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

11.3.5. China

11.3.5.1. Market Revenue and Forecast, by Power Source (2017-2030)

11.3.5.2. Market Revenue and Forecast, by Powertrain (2017-2030)


=”font-weight: 400;”>11.3.5.3. Market Revenue and Forecast, by Vehicle Type (2017-2030)

11.3.6. Japan

11.3.6.1. Market Revenue and Forecast, by Power Source (2017-2030)

11.3.6.2. Market Revenue and Forecast, by Powertrain (2017-2030)

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

11.3.7. Rest of APAC

11.3.7.1. Market Revenue and Forecast, by Power Source (2017-2030)

11.3.7.2. Market Revenue and Forecast, by Powertrain (2017-2030)

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

11.4. MEA

11.4.1. Market Revenue and Forecast, by Power Source (2017-2030)

11.4.2. Market Revenue and Forecast, by Powertrain (2017-2030)

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

11.4.4. GCC

11.4.4.1. Market Revenue and Forecast, by Power Source (2017-2030)

11.4.4.2. Market Revenue and Forecast, by Powertrain (2017-2030)

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

11.4.5. North Africa

11.4.5.1. Market Revenue and Forecast, by Power Source (2017-2030)

11.4.5.2. Market Revenue and Forecast, by Powertrain (2017-2030)

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

11.4.6. South Africa

11.4.6.1. Market Revenue and Forecast, by Power Source (2017-2030)

11.4.6.2. Market Revenue and Forecast, by Powertrain (2017-2030)

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

11.4.7. Rest of MEA

11.4.7.1. Market Revenue and Forecast, by Power Source (2017-2030)

11.4.7.2. Market Revenue and Forecast, by Powertrain (2017-2030)

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

11.5. Latin America

11.5.1. Market Revenue and Forecast, by Power Source (2017-2030)

11.5.2. Market Revenue and Forecast, by Powertrain (2017-2030)

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

11.5.4. Brazil

11.5.4.1. Market Revenue and Forecast, by Power Source (2017-2030)

11.5.4.2. Market Revenue and Forecast, by Powertrain (2017-2030)

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

11.5.5. Rest of LATAM

11.5.5.1. Market Revenue and Forecast, by Power Source (2017-2030)

11.5.5.2. Market Revenue and Forecast, by Powertrain (2017-2030)

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

Chapter 12. Company Profiles

12.1. Nissan Motor Co., Ltd

12.1.1. Company Overview

12.1.2. Product Offerings

12.1.3. Financial Performance

12.1.4. Recent Initiatives

12.2. Mercedes-Benz Group AG

12.2.1. Company Overview

12.2.2. Product Offerings

12.2.3. Financial Performance

12.2.4. Recent Initiatives

12.3. General Motors

12.3.1. Company Overview

12.3.2. Product Offerings

12.3.3. Financial Performance

12.3.4. Recent Initiatives

12.4. Volkswagen AG

12.4.1. Company Overview

12.4.2. Product Offerings

12.4.3. Financial Performance

12.4.4. Recent Initiatives

12.5. Renault Group

12.5.1. Company Overview

12.5.2. Product Offerings

12.5.3. Financial Performance

12.5.4. Recent Initiatives

12.6. Ford Motor Company

12.6.1. Company Overview

12.6.2. Product Offerings

12.6.3. Financial Performance

12.6.4. Recent Initiatives

12.7. BMW Group

12.7.1. Company Overview

12.7.2. Product Offerings

12.7.3. Financial Performance

12.7.4. Recent Initiatives

12.8. BMW Group

12.8.1. Company Overview

12.8.2. Product Offerings

12.8.3. Financial Performance

12.8.4. Recent Initiatives

12.9. MITSUBISHI HEAVY INDUSTRIES, LTD

12.9.1. Company Overview

12.9.2. Product Offerings

12.9.3. Financial Performance

12.9.4. Recent Initiatives

12.10. TOYOTA MOTOR CORPORATION

12.10.1. Company Overview

12.10.2. Product Offerings

12.10.3. Financial Performance

12.10.4. Recent Initiatives

Chapter 13. Research Methodology

13.1. Primary Research

13.2. Secondary Research

13.3. Assumptions

Chapter 14. Appendix

14.1. About Us

14.2. Glossary of Terms

Thanks for reading you can also get individual chapter-wise sections or region-wise report versions such as North America, Europe, or the Asia Pacific.

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