Global Hybrid Electric Vehicles Market: Analysis of Opportunities Offered by High Growth Economies, Review till 2022

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Dublin 2, Ireland, 2018-May-17 — /EPR Network/ — Recently, a novel report developed using proven research methodologies at the headquarters of Fact. MR has identified various prominent factors and trends prompting market growth of hybrid electric vehicles market. The study is titled as Hybrid Electric Vehicles Market Forecast, Trend Analysis & Competition Tracking – Global Review 2017 to 2022”, which deeply analyses the global market trends, with historical data from 2016 and 2017, and projections of compound annual growth rates (CAGRs) during the mentioned forecast of 2017-2022. For the benefit of the readers, the report concludes with a special focus on the detailed profiles of the major vendors in the global hybrid electric vehicles market.

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Hybrid electric vehicles are eco-friendly, include reduced emissions and reduced fuel consumption as compared to gasoline engine vehicles, hence the hybrid electric vehicles are gaining popularity across the globe. With several stringent emission policies by various countries, hybrid electric car manufacturers are focusing on developing new hybrid electric car batteries that can be recharged quickly. Data acquisition system and remote monitoring system are being implemented in the hybrid electric vehicles to locate nearby charging stations, help in navigation, etc.

According to a study by Fact.MR, the global hybrid electric vehicle market is expected to experience strong growth, reaching US$ 42,103.9 million revenue. Manufacturers are working to increase the speed of hybrid electric vehicles. They are also focusing on offering lightweight vehicles and improve battery power. Moreover, increasing consumer preference for environmentally friendly and fuel-efficient vehicles are some of the factors driving the demand for hybrid electric vehicles.

3 Forecast Highlights on Global Hybrid Electric Vehicles Market

1. Asia Pacific Excluding Japan (APEJ) is expected to remain dominant in the global hybrid electric vehicles market. APEJ hybrid electric vehicles market is projected to bring in nearly US$ 16,800 million revenues by the end of 2022.

2. North America hybrid electric vehicles market is also expected to experience impressive growth during 2017-2022. Owing to the government focusing on pollution reduction, zero-emission vehicles are increasingly being promoted, hence, North America is witnessing the growth in adoption of hybrid electric vehicles. Moreover, manufacturers are also introducing cost-effective and lightweight vehicles.

3. Stored electricity is expected to be the largest power source for hybrid electric vehicles. Towards the end of 2022, stored electricity is estimated to reach nearly US$ 33,600 million revenues. Meanwhile, the on board electric generator is also expected to witness significant growth during the forecast period, 2017-2022.

Parallel Hybrid Powertrain System to Witness Robust Growth

Parallel hybrid powertrain system is expected to witness impressive growth during the forecast period. Towards the end of 2022, parallel hybrid powertrain system is projected to reach nearly US$ 32,700 million revenues. Meanwhile, series hybrid powertrain system will also experience strong growth during 2017-2022.

Stored Electricity Power Source to Gain Maximum Revenue Share

Compared to on-board electric generator as a power source for hybrid electric vehicles, stored electricity power source is expected to account for more than three-fourth of the revenue share by the end of 2017. Meanwhile, on-board electric generator will also experience impressive growth during 2017-2022.

Passenger Hybrid Electric Vehicles to Witness Maximum Sales

Passenger hybrid electric vehicles are expected to account for nearly three-fifth of the revenue share by the end of 2017. Towards the end of 2022, passenger hybrid electric vehicles are estimated to bring in nearly US$ 25, 300 million revenues. Commercial hybrid electric vehicles are also expected to create an incremental opportunity of more than US$ 4,400 million during 2017-2022.

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Table of Content:

1. Global Hybrid Electric Vehicles Market – Executive Summary

2. Global Hybrid Electric Vehicles Market Overview
2.1. Introduction
2.1.1. Global Hybrid Electric Vehicles Market Taxonomy
2.1.2. Global Hybrid Electric Vehicles Market Definition
2.2. Global Hybrid Electric Vehicles Market Size (US$ Mn) and Forecast, 2012-2022
2.2.1. Global Hybrid Electric Vehicles Market Y-o-Y Growth
2.3. Global Hybrid Electric Vehicles Market Dynamics
2.4. Supply Chain
2.5. Cost Structure
2.6. Pricing Analysis
2.7. Raw Material Sourcing Strategy and Analysis
2.8. List of Distributors
2.9. Key Participants Market Presence (Intensity Map) By Region

3. Global Hybrid Electric Vehicles Market Analysis and Forecast By Power Source 
3.1. Global Hybrid Electric Vehicles Market Size and Forecast By Power Source, 2012-2022
3.1.1. Stored Electricity Hybrid Electric Vehicles Market Size and Forecast, 2012-2022
3.1.1.1. Revenue (US$ Mn) Comparison, By Region
3.1.1.2. Market Share Comparison, By Region
3.1.1.3. Y-o-Y growth Comparison, By Region
3.1.2. On Board Electric Generator Hybrid Electric Vehicles Market Size and Forecast, 2012-2022
3.1.2.1. Revenue (US$ Mn) Comparison, By Region
3.1.2.2. Market Share Comparison, By Region
3.1.2.3. Y-o-Y growth Comparison, By Region

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About Fact.MR

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