by According to Precedence Research, during the forecast period of 2022 to 2030, the global hybrid vehicle market is estimated to develop at a compound annual growth rate (CAGR) of 28.90%. The global hybrid vehicle market was valued at USD 350.1 billion in 2021, and it is predicted to exceed USD 1670.5 billion by 2030. The study investigates several elements and their consequences on the growth of the hybrid vehicle market.
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This report focuses on hybrid vehicle market volume and value at the global level, regional level and company level. From a global perspective, this report represents overall hybrid vehicle market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, Middle East & Africa, Latin America, etc.
Report Scope of the Hybrid Vehicle Market
| Report Coverage | Details |
| Market Size in 2021 | USD 350.1 Billion |
| Market Size by 2030 | USD 1670.5 Billion |
| Growth Rate from 2022 to 2030 | CAGR of 28.90% |
| Fastest Growing Market | Asia Pacific |
| Base Year | 2021 |
| Forecast Period | 2022 to 2030 |
| Segments Covered | Hybrid, Vehicle, Type of Propulsion Insights, Type of Drivetrain Insights, Type of Drivetrain Insights, Geography |
The research report includes specific segments by region (country), by company, by all segments. This study provides information about the growth and revenue during the historic and forecasted period of 2017 to 2030. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
In-Depth Analysis on Competitive Landscape
The report sheds light on leading manufacturers of hybrid vehicle, along with their detailed profiles. Essential and up-to-date data related to market performers who are principally engaged in the production of hybrid vehicle has been brought with the help of a detailed dashboard view. Market share analysis and comparison of prominent players provided in the report permits report readers to take preemptive steps in advancing their businesses.
Company profiles have been included in the report, which include essentials such as product portfolio, key strategies, along with all-inclusive SWOT analysis on each player. Company presence is mapped and presented through a matrix for all the prominent players, thus providing readers with actionable insights, which helps in thoughtfully presenting market status and predicting the competition level in the hybrid vehicle market.
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
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Segments Covered in the Report
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]
Some of the important ones are:
- What can be the best investment choices for venturing into new product and service lines?
- What value propositions should businesses aim at while making new research and development funding?
- Which regulations will be most helpful for stakeholders to boost their supply chain network?
- Which regions might see the demand maturing in certain segments in near future?
- What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
- Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
- Which government regulations might challenge the status of key regional markets?
- How will the emerging political and economic scenario affect opportunities in key growth areas?
- What are some of the value-grab opportunities in various segments?
- What will be the barrier to entry for new players in the market?
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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