Hybrid electric vehicles (HEVs) Market Size, Share, Analysis Report

Hybrid electric vehicles (HEVs) Market Size By Component (Electric Motor , Transmission , Battery), By Vehicle (Passenger Car, Two-wheeler, Commercial Vehicle), By Region (North America, Europe, Asia-Pacific, Rest of the World), Market Analysis Report, Forecast

Hybrid electric vehicles (HEVs) Market is expected to be around US$ 229 Billion by 2027 at a CAGR of 15.7% in the given forecast period.

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MARKET SNAPSHOT

Major Players

  • BYD Company Limited
  • Ford Motor Company,
  • Bayerische Motoren Werke Aktiengesellchaft
  • Daimler AG
  • General Motor Company
  • Study period:

    2022-2027

    Base Year:

    2021

    CAGR:

    15

    Fastest Growing Market:

    APAC

    Largest Market:

    North America

    REPORT DESCRIPTION

    Hybrid electric vehicles (HEVs) Market is expected to be around US$ 229 Billion by 2027 at a CAGR of 15.7% in the given forecast period.

    With the help from government and associations that advance and supporter nature benevolent items to be fabricated; HEVs makers see the development to be gigantic and fruitful sooner rather than later. The stringent discharge standards and falling battery costs in various areas globally are a portion of the fundamental elements driving the growth of Hybrid electric vehicles (HEVs) Market. Numerous nations have expanded charges on regular fuel autos and are offering motivations, for example, high-inhabitance vehicle path exclusion and discharge assessment exception, to hybrid car customers.

    Hybrid electric vehicles (HEV) are the vehicles that kept running with interior ignition motor that keep running with enhancement of vitality put away in the battery from electric engines for various advantages, for example, better economy and low emissions. In spite of the fact that HEVs are costlier than regular vehicles, most of sparing are done through efficiency. HEVs are expanding sought after as the significant piece of car market for every one of the advantages and results they produce; from leaving no carbon impression that contributes in greenhouse gas (GHG) impacts in environment to huge measure of spending saved money on petroleum products.

    The global Hybrid electric vehicles (HEVs) market is segregated on the basis of Component as Electric Motor, Transmission, and Battery. Based on Vehicle the global Hybrid electric vehicles (HEVs) market is segmented in Passenger Car, Two-wheeler, and Commercial Vehicle.

    The global Hybrid electric vehicles (HEVs) market report provides geographic analysis covering regions, such as North America, Europe, Asia-Pacific, and Rest of the World. The Hybrid electric vehicles (HEVs) market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.

    Competitive Rivalry

    BYD Company Limited, Bayerische Motoren Werke Aktiengesellchaft, Daimler AG, Ford Motor Company, General Motor Company, Energica Motor Company S.p.A., Volkswagen AG, Tesla, Inc., Nissan Motor Co. Ltd, Toyota Motor Corporation, and others are among the major players in the global Hybrid electric vehicles (HEVs) market. The companies are involved in several growth and expansion strategies to gain a competitive advantage. Industry participants also follow value chain integration with business operations in multiple stages of the value chain.

    The Hybrid electric vehicles (HEVs) Market has been segmented as below:

    Hybrid electric vehicles (HEVs) Market, By Component

    Hybrid electric vehicles (HEVs) Market, By Vehicle

    • Passenger Car
    • Two-wheeler
    • Commercial Vehicle

    Hybrid electric vehicles (HEVs) Market, By Region

    • North America
    • Europe
    • Asia-Pacific
    • Rest of the World

    Hybrid electric vehicles (HEVs) Market, By Company

    • BYD Company Limited
    • Bayerische Motoren Werke Aktiengesellchaft
    • Daimler AG
    • Ford Motor Company
    • General Motor Company
    • Energica Motor Company S.p.A.
    • Volkswagen AG
    • Tesla, Inc.
    • Nissan Motor Co. Ltd
    • Toyota Motor Corporation

    The report covers:

    • Global Hybrid electric vehicles (HEVs) market sizes from 2018 to 2027, along with CAGR for 2022-2027
    • Market size comparison for 2020 vs 2027 with actual data for 2021, estimates for 2022 and forecast from 2022 to 2027
    • Global Hybrid electric vehicles (HEVs) market trends, covering comprehensive range of consumer trends & manufacturer trends
    • Value chain analysis covering participants from raw material suppliers to the downstream buyer in the global Hybrid electric vehicles (HEVs) market
    • Major market opportunities and challenges in forecast timeframe to be focused
    • Competitive landscape with analysis on competition pattern, portfolio comparisons, development trends and strategic management
    • Comprehensive company profiles of the key industry players

    Report Scope:

    The global Hybrid electric vehicles (HEVs) market report scope includes detailed study covering underlying factors influencing the industry trends.

    The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies.

    The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global Hybrid electric vehicles (HEVs) market share. Major industry players with significant revenue share include BYD Company Limited, Bayerische Motoren Werke Aktiengesellchaft, Daimler AG, Ford Motor Company, General Motor Company, Energica Motor Company S.p.A., Volkswagen AG, Tesla, Inc., Nissan Motor Co. Ltd, Toyota Motor Corporation, and others.

    Reasons to Buy this Report:

    • Gain detailed insights on the Hybrid electric vehicles (HEVs) industry trends
    • Find complete analysis on the market status
    • Identify the Hybrid electric vehicles (HEVs) market opportunities and growth segments
    • Analyse competitive dynamics by evaluating business segments & product portfolios
    • Facilitate strategy planning and industry dynamics to enhance decision making

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    1. Introduction
        1.1 Key Insights
        1.2 Report Overview
        1.3 Markets Covered
        1.4 Stakeholders
    2. Research Methodology
        2.1 Research Scope
        2.2 Market Research Process
        2.3 Research Data Analysis
            2.4.1 Secondary Research
            2.4.2 Primary Research
            2.4.3 Models for Estimation
        2.5 Market Size Estimation
            2.5.1 Bottom-Up Approach – Segmental Market Analysis
            2.5.2 Top-Down Approach – Parent Market Analysis
    3. Executive Summary
    4. Market Overview
        4.1 Introduction
            4.2.1 Drivers
            4.2.2 Restraints
            4.2.3 Opportunities
            4.2.4 Challenges
        4.2 Porter’s Five Force Analysis
    5. Hybrid electric vehicles (HEVs) Market, By Component
        5.1 Introduction
        5.2 Electric Motor
            5.2.1 Market Overview
            5.2.2 Market Size and Forecast
        5.3 Transmission
            5.3.1 Market Overview
            5.3.2 Market Size and Forecast
        5.4 Battery
            5.4.1 Market Overview
            5.4.2 Market Size and Forecast
    6. Hybrid electric vehicles (HEVs) Market, By Vehicle
        6.1 Introduction
        6.2 Passenger Car
            6.2.1 Market Overview
            6.2.2 Market Size and Forecast
        6.3 Two-wheeler
            6.3.1 Market Overview
            6.3.2 Market Size and Forecast
        6.4 Commercial Vehicle
            6.4.1 Market Overview
            6.4.2 Market Size and Forecast
    7. Hybrid electric vehicles (HEVs) Market, By Geography
        7.1 Introduction
        7.2 North America
            7.2.1 North America Hybrid electric vehicles (HEVs), By Component
            7.2.2 North America Hybrid electric vehicles (HEVs), By Vehicle
        7.3 Europe
            7.3.1 Europe Hybrid electric vehicles (HEVs), By Component
            7.3.2 Europe Hybrid electric vehicles (HEVs), By Vehicle
        7.4 Asia-Pacific
            7.4.1 Asia-Pacific Hybrid electric vehicles (HEVs), By Component
            7.4.2 Asia-Pacific Hybrid electric vehicles (HEVs), By Vehicle
        7.5 Rest of the World
            7.5.1 Rest of the World Hybrid electric vehicles (HEVs), By Component
            7.5.2 Rest of the World Hybrid electric vehicles (HEVs), By Vehicle
    8. Competitive Insights
        8.1 Key Insights
        8.2 Company Market Share Analysis
        8.3 Strategic Outlook
            8.3.1 Mergers & Acquisitions
            8.3.2 New Product Development
            8.3.3 Portfolio/Production Capacity Expansions
            8.3.4 Joint Ventures, Collaborations, Partnerships & Agreements
            8.3.5 Others
    9. Company Profiles
        9.1 BYD Company Limited
            9.1.1 Company Overview
            9.1.2 Product/Service Landscape
            9.1.3 Financial Overview
            9.1.4 Recent Developments
        9.2 Bayerische Motoren Werke Aktiengesellchaft
            9.2.1 Company Overview
            9.2.2 Product/Service Landscape
            9.2.3 Financial Overview
            9.2.4 Recent Developments
        9.3 Daimler AG
            9.3.1 Company Overview
            9.3.2 Product/Service Landscape
            9.3.3 Financial Overview
            9.3.4 Recent Developments
        9.4 Ford Motor Company
            9.4.1 Company Overview
            9.4.2 Product/Service Landscape
            9.4.3 Financial Overview
            9.4.4 Recent Developments
        9.5 General Motor Company
            9.5.1 Company Overview
            9.5.2 Product/Service Landscape
            9.5.3 Financial Overview
            9.5.4 Recent Developments
        9.6 Energica Motor Company S.p.A.
            9.6.1 Company Overview
            9.6.2 Product/Service Landscape
            9.6.3 Financial Overview
            9.6.4 Recent Developments
        9.7 Volkswagen AG
            9.7.1 Company Overview
            9.7.2 Product/Service Landscape
            9.7.3 Financial Overview
            9.7.4 Recent Developments
        9.8 Tesla, Inc.
            9.8.1 Company Overview
            9.8.2 Product/Service Landscape
            9.8.3 Financial Overview
            9.8.4 Recent Developments
        9.9 Nissan Motor Co. Ltd
            9.9.1 Company Overview
            9.9.2 Product/Service Landscape
            9.9.3 Financial Overview
            9.9.4 Recent Developments
        9.10 Toyota Motor Corporation
            9.10.1 Company Overview
            9.10.2 Product/Service Landscape
            9.10.3 Financial Overview
            9.10.4 Recent Developments

    The Hybrid electric vehicles (HEVs) Market has been segmented as below:

    Hybrid electric vehicles (HEVs) Market, By Component

    • Electric Motor
    • Transmission
    • Battery

    Hybrid electric vehicles (HEVs) Market, By Vehicle

    • Passenger Car
    • Two-wheeler
    • Commercial Vehicle

    Hybrid electric vehicles (HEVs) Market, By Region

    • North America
    • Europe
    • Asia-Pacific
    • Rest of the World

    Hybrid electric vehicles (HEVs) Market, By Company

    • BYD Company Limited
    • Bayerische Motoren Werke Aktiengesellchaft
    • Daimler AG
    • Ford Motor Company
    • General Motor Company
    • Energica Motor Company S.p.A.
    • Volkswagen AG
    • Tesla, Inc.
    • Nissan Motor Co. Ltd
    • Toyota Motor Corporation

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    The market is expected to grow at a CAGR of 15.7% during the study period (2022-2027)
    Hybrid electric vehicles (HEVs) Market is expected to be around US$ 229 Billion by 2027
    The segment included in Hybrid electric vehicles (HEVs) Market is Component, Vehicle, Company and region.
    Some key players operating in the Hybrid electric vehicles (HEVs) Market include BYD Company Limited, Bayerische Motoren Werke Aktiengesellchaft, Daimler AG, Ford Motor Company, General Motor Company, Energica Motor Company S.p.A
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