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Hybrid Vehicle Market - By Electric Powertrain (Parallel Hybrid, Series Hybrid) By Component (Battery, Electric Motor, Transmission) By Propulsion (HEV, PHEV, NGV) By Degree of Hybridization (Full Hybrid, Micro-Hybrid, Mild Hybrid) By Vehicle Type (Passenger Car, Commercial Vehicle) By Region (Asia Pacific, Europe, North America, Middle East & Africa, RoW) - Industry Analysis, Opportunity and Forecast 2020 To 2027

Published Date: May 2021

No. of Pages: 188

Status: Published

Report Code: ARI100771

The overall hybrid vehicle, by volume, is estimated to be 5147 thousand units in 2020 and is projected to grow at a CAGR of 7.6 % from 2027 to 2027, to reach 8571 thousand units by 2027. Growing awareness of the emissions has led the regulatory bodies to implement stringent emission regulations. The rising stringency in emission norms for vehicles is forcing OEMs to manufacture hybrid and electric vehicles. Hybrid vehicles emit fewer greenhouse gases than gasoline and diesel vehicles.

The governments in the US and Europe are concentrating on lowering emission limits to decrease the greenhouse gas effect and are also focusing on improving the fuel economy of vehicles. For instance, the US Department of Transportation has set the Corporate Average Fuel Economy (CAFE) standards for vehicles.

The increasing demand for Battery Electric Vehicles (BEVs) and Fuel Cell Electric Vehicles (FCEVs) will be one of the major challenges for the growth of hybrid vehicles. There are many models and degree of hybridisations of BEVs such as hatchbacks, sedans, and SUVs in the passenger car segment. Automotive manufacturers such as BYD (China), Tesla (US), and Volkswagen (Germany) are focusing more on the development of BEVs.

The advantages of FCEVs is a high driving range, fast re-fueling, noiseless operation, and zero-emission of greenhouse gases and air pollutants. These benefits are positively impacting the demand for FCEVs. Moreover, governments are taking initiatives and promoting fuel cells for transportation, which can further boost the demand for fuel cells in the automotive and transportation sectors. For instance, the government of California launched the Clean Vehicle Rebate Project. The project includes rebate funding for low-income consumers and rebates for the purchase or lease of FCEVs.

Hybrid vehicles offer immense opportunities for growth in the markets of developing countries because of initiatives and support from governments (e.g., incentives in sales and manufacturing, tax rebates, increased focus on deploying hybrid commercial vehicles). The Indian government is providing incentives of approximately USD 446 on the purchase of hybrid and electric vehicles in India. The Brazilian government is encouraging the purchase of hybrid vehicles such as plug-in hybrid, hybrid electric, and CNG hybrid by reducing the tax rate. The Mumbai Metropolitan Region Development Authority (MMRDA), India, has awarded a contract to Tata Motors for supplying 25 Tata Starbus Diesel Series Hybrid Electric Buses.

Key automotive companies offering hybrid versions of popular car models include Volvo Group, Volkswagen Group, Toyota, Tata Motors Limited, Suzuki Motor Corporation, Renault, PSA Peugeot Citroen, Nissan, Hyundai-Kia, Honda, General Motors, Ford, Fiat, Daimler AG, Chrysler, and BYD.

Analyst Commentary

The full hybrid segment is estimated to hold the largest market share by volume during the forecast period. The market for the mild-hybrid sector is projected to grow at the highest CAGR during the forecast period. The growth of the full hybrid segment can be attributed to improving fuel efficiency and reduced emission due to continuous technology upgrades.

The hybrid vehicle has been segmented by electric powertrain degree of hybridisation into parallel and series hybrid. The parallel hybrid segment is estimated to hold the largest market share by volume during the forecast period. This market is likely to grow due to the increased use of regenerative braking technology. Regenerative braking technology restores the energy to recharge the battery when brakes are applied. Thus, it reduces the requirement for external electric infrastructure. The regenerative braking system is the most commonly used technology in hybrid vehicles. The use of the regenerative braking system and the lesser cost of micro and mild hybrids compared to PHEVs will boost the demand for parallel hybrids.

Vehicles that use both internal combustion engines as well as an electric drive to drive the vehicle are termed as Hybrid Electric Vehicles (HEV). The market for HEV is increasing due to high sales volume in the US, Japan, and China. Moreover, developing countries such as Mexico, India, and Brazil are also deploying hybrid vehicles to cope with the increasingly stringent emission standards as these vehicles are inexpensive compared to PHEVs (plug-in hybrid electric vehicle) and EVs. Additionally, HEV has a substantial market share compared to other eco-friendly vehicles such as NGV (natural gas vehicle) and PHEV, owing to the better fuel efficiency it offers.

Segmentation

The global market is segmented based on electric powertrain type, component, propulsion, degree of hybridization and region. On the basis of electric powertrain type the market is segmented into parallel hybrid, series hybrid. On the basis of component market is segmented into battery, electric motor, transmission. On the basis of propulsion the market is segmented into HEV, PHEV, NGV. On the basis of degree of hybridization the market is segmented into Full Hybrid, Micro-Hybrid, Mild Hybrid. Based on vehicle type the market is bifurcated into passenger car and commercial vehicle.

Regional Analysis

On the basis of region, the market is segmented into North America, Asia Pacific, Europe, and Rest of the World. Asia Pacific is expected to lead the market demand in the hybrid vehicles. The large population in this region coupled with a rising middle class causes the automotive sales in this region to rise, continuously. The underperforming and overburdened public transport system in countries such as India and China result in continual increase in the use of private automobiles. To tackle the increased fuel costs, the customers in this region prefer the hybrid vehicles. The stringent emission norms laid down by the European Union and the United States Environmental Protection Agency have resulted in higher preference of hybrid vehicles. All these factors cumulatively make the hybrid vehicle a continually growing market at the global level.

APAC is estimated to be the fastest-growing region for the hybrid vehicle, with Japan accounting for the largest market share in 2018. The market growth in the region can be attributed to the increased sales of hybrid vehicles in Japan, China, and South Korea. Also, the Asia Pacific region is home to major players in the hybrid vehicles market, such as Toyota, Honda, Nissan, Kia, BYD, and Hyundai. Toyota has the highest share in hybrid vehicle sales worldwide. Moreover, governments of Asian countries are supporting the growth by providing subsidies. The mass adoption of hybrid vehicle technology by Japan and China will also boost the market.

TABLE OF CONTENTS
Chapter 1. Executive Summary
Chapter 2. Research Methodology
2.1. Research approach
2.2. Scope, definition, and assumptions
2.3. Data sources
2.3.1. Secondary Sources
2.3.1.1. Preliminary data mining
2.3.2. Primary Sources
2.3.2.1. Statistical Model
2.3.2.2. Data Triangulation
2.3.2.3. Research Objective
Chapter 3. Market Outlook
3.1. Introduction
3.2. Key trends
3.2.1. xx
3.3. Market drivers
3.3.1. Impact analysis of Market Drivers
3.4. Market restraints
3.4.1. Impact analysis of Market Restraints
3.5. Market opportunities
3.5.1. Impact analysis of Market Opportunities
3.6. Market Challenges
3.6.1. Impact analysis of Market Trends
3.7. Porter’s Five Forces’ analysis
3.7.1. Bargaining Power of Suppliers
3.7.2. Bargaining Power of Buyers
3.7.3. Threat of New Entrant
3.7.4. Threat of Substitutes
3.7.5. High Competitive Rivalry
3.8. Value chain analysis
Chapter 4. COVID-19 Impact On Hybrid Vehicle Market
Chapter 5. Global Hybrid Vehicle Market Overview, By Electric Powertrain type, 2015 - 2027(Thousand Units)
5.1. Global Hybrid Vehicle Market Share, By Electric Powertrain type, 2015 - 2027(Thousand Units)
5.1.1. Parallel Hybrid
5.1.1.1. Market Type and Projections,2015 - 2027 (Thousand Units)
5.1.1.2. Market Type and Projections, by Region, 2015 - 2027 (Thousand Units)
5.1.2. Series Hybrid
5.1.2.1. MarketType and Projections,2015 - 2027(Thousand Units)
5.1.2.2. MarketType and Projections, by Region, 2015 - 2027(Thousand Units)
Chapter 6. Global Hybrid Vehicle Market Overview, By Component type, 2015 - 2027(Thousand Units)
6.1. Global Hybrid Vehicle Market Share, By Component type, 2015 - 2027 (Thousand Units)
6.1.1. Battery
6.1.1.1. Market Type and Projections,2015 - 2027 (Thousand Units)
6.1.1.2. Market Type and Projections, by Region, 2015 - 2027 (Thousand Units)
6.1.2. Electric Motor
6.1.2.1. Market Type and Projections, 2015 - 2027 (Thousand Units)
6.1.2.2. Market Type and Projections, by Region, 2015 - 2027 (Thousand Units)
6.1.3. Transmission
6.1.3.1. Market Type and Projections, 2015 - 2027 (Thousand Units)
6.1.3.2. Market Type and Projections, by Region, 2015 - 2027 (Thousand Units)
Chapter 7. Global Hybrid Vehicle Market Overview, By Propulsion, 2015 - 2027(Thousand Units)
7.1. Global Hybrid Vehicle Market Share, By Propulsion, 2015 - 2027 (Thousand Units)
7.1.1. HEV
7.1.1.1. Market Type and Projections,2015 - 2027 (Thousand Units)
7.1.1.2. Market Type and Projections, by Region, 2015 - 2027 (Thousand Units)
7.1.2. PHEV
7.1.2.1. Market Type and Projections, 2015 - 2027 (Thousand Units)
7.1.2.2. Market Type and Projections, by Region, 2015 - 2027 (Thousand Units)
7.1.3. NGV
7.1.3.1. Market Type and Projections, 2015 - 2027 (Thousand Units)
7.1.3.2. Market Type and Projections, by Region, 2015 - 2027 (Thousand Units)
Chapter 8. Global Hybrid Vehicle Market Overview, By Degree of Hybridization, 2015 - 2027(Thousand Units)
8.1. Global Hybrid Vehicle Market Share, By Degree of Hybridization, 2015 - 2027 (Thousand Units)
8.1.1. Full Hybrid
8.1.1.1. Market Type and Projections,2015 - 2027 (Thousand Units)
8.1.1.2. Market Type and Projections, by Region, 2015 - 2027 (Thousand Units)
8.1.2. Micro-Hybrid
8.1.2.1. Market Type and Projections, 2015 - 2027 (Thousand Units)
8.1.2.2. Market Type and Projections, by Region, 2015 - 2027 (Thousand Units)
8.1.3. Mild Hybrid
8.1.3.1. Market Type and Projections, 2015 - 2027 (Thousand Units)
8.1.3.2. Market Type and Projections, by Region, 2015 - 2027 (Thousand Units)
Chapter 9. Global Hybrid Vehicle Market Overview, By Vehicle Type, 2015 - 2027(Thousand Units)
9.1. Global Hybrid Vehicle Market Share, By Vehicle Type, 2015 - 2027 (Thousand Units)
9.1.1. Passenger Car
9.1.1.1. Market Type and Projections,2015 - 2027 (Thousand Units)
9.1.1.2. Market Type and Projections, by Region, 2015 - 2027 (Thousand Units)
9.1.2. Commercial Vehicle
9.1.2.1. Market Type and Projections, 2015 - 2027 (Thousand Units)
9.1.2.2. Market Type and Projections, by Region, 2015 - 2027 (Thousand Units)
Chapter 10. Global Hybrid Vehicle Market Overview, By Geography, 2015 - 2027(Thousand Units)
10.1. Global Hybrid Vehicle Market Share, By Geography, 2015 - 2027(Thousand Units)
10.1.1. MarketType and projections, by Countries, 2015 - 2027(Thousand Units)
10.1.2. Market Share and CAGR Comparison, by Countries, 2020 - 2027 (%)
Chapter 11. North America Hybrid Vehicle Market Overview, By Countries, 2015 - 2027(Thousand Units)
11.1. North America Hybrid Vehicle Market Overview, 2015 - 2027(Thousand Units)
11.1.1. Market Type and projections, 2015 - 2027(Thousand Units)
11.1.2. North America Hybrid Vehicle Market Overview, By Electric Powertrain type, 2015 - 2027 (Thousand Units)
11.1.3. North America Hybrid Vehicle Market Overview, By Component type, 2015 - 2027 (Thousand Units)
11.1.4. North America Hybrid Vehicle Market Overview, By Propulsion,2015 - 2027 (Thousand Units)
11.1.5. North America Hybrid Vehicle Market Overview, By Degree of Hybridization,2015 - 2027 (Thousand Units)
11.1.6. North America Hybrid Vehicle Market Overview, By Vehicle Type,2015 - 2027 (Thousand Units)
11.1.7. North America Hybrid Vehicle Market Overview, By Countries, 2015 - 2027(Thousand Units)
11.1.7.1. U.S. Hybrid Vehicle Market Overview, 2015 - 2027(Thousand Units)
11.1.7.1.1. MarketType and projections, 2015 - 2027(Thousand Units)
11.1.7.1.2. U.S. Hybrid Vehicle Market Overview, By Electric Powertrain type, 2015 - 2027 (Thousand Units)
11.1.7.1.3. U.S. Hybrid Vehicle Market Overview, By Component type, 2015 - 2027 (Thousand Units)
11.1.7.1.4. U.S. Hybrid Vehicle Market Overview, By Propulsion, 2015 - 2027 (Thousand Units)
11.1.7.1.5. Other Segment
11.1.7.2. Canada Hybrid Vehicle Market Overview, 2015 - 2027(Thousand Units)
11.1.7.2.1. MarketType and projections, 2015 - 2027(Thousand Units)
11.1.7.2.2. Canada Hybrid Vehicle Market Overview, By Electric Powertrain type, 2015 - 2027 (Thousand Units)
11.1.7.2.3. Canada Hybrid Vehicle Market Overview, By Component type, 2015 - 2027 (Thousand Units)
11.1.7.2.4. Canada Hybrid Vehicle Market Overview, By Propulsion, 2015 - 2027 (Thousand Units)
11.1.7.2.5. Other Segment
11.1.7.3. Mexico Hybrid Vehicle Market Overview, 2015 - 2027(Thousand Units)
11.1.7.3.1. MarketType and projections, 2015 - 2027(Thousand Units)
11.1.7.3.2. Mexico Hybrid Vehicle Market Overview, By Electric Powertrain type, 2015 - 2027 (Thousand Units)
11.1.7.3.3. Mexico Hybrid Vehicle Market Overview, By Component type, 2015 - 2027 (Thousand Units)
11.1.7.3.4. Mexico Hybrid Vehicle Market Overview, By Propulsion, 2015 - 2027 (Thousand Units)
11.1.7.3.5. Other Segment
Chapter 12. Europe Hybrid Vehicle Market Overview, By Countries, 2015 - 2027(Thousand Units)
12.1. Europe Hybrid Vehicle Market Overview, 2015 - 2027(Thousand Units)
12.1.1. Market Type and projections, 2015 - 2027(Thousand Units)
12.1.2. Europe Hybrid Vehicle Market Overview, By Electric Powertrain type, 2015 - 2027 (Thousand Units)
12.1.3. Europe Hybrid Vehicle Market Overview, By Component type, 2015 - 2027 (Thousand Units)
12.1.4. Europe Hybrid Vehicle Market Overview, By Propulsion,2015 - 2027 (Thousand Units)
12.1.5. Europe Hybrid Vehicle Market Overview, By Degree of Hybridization,2015 - 2027 (Thousand Units)
12.1.6. Europe Hybrid Vehicle Market Overview, By Vehicle Type,2015 - 2027 (Thousand Units)
12.1.7. Europe Hybrid Vehicle Market Overview, By Countries, 2015 - 2027(Thousand Units)
12.1.7.1. Germany
12.1.7.1.1. MarketType and projections, 2015 - 2027(Thousand Units)
12.1.7.1.2. Germany Hybrid Vehicle Market Overview, By Electric Powertrain type, 2015 - 2027(Thousand Units)
12.1.7.1.3. Germany Hybrid Vehicle Market Overview, By Component type, 2015 - 2027(Thousand Units)
12.1.7.1.4. Germany Hybrid Vehicle Market Overview, By Propulsion, 2015 - 2027(Thousand Units)
12.1.7.1.5. Other Segments
12.1.7.2. France
12.1.7.2.1. MarketType and projections, 2015 - 2027(Thousand Units)
12.1.7.2.2. France Hybrid Vehicle Market Overview, By Electric Powertrain type, 2015 - 2027(Thousand Units)
12.1.7.2.3. France Hybrid Vehicle Market Overview, By Component type, 2015 - 2027(Thousand Units)
12.1.7.2.4. France Hybrid Vehicle Market Overview, By Propulsion, 2015 - 2027(Thousand Units)
12.1.7.2.5. Other Segments
12.1.7.3. UK
12.1.7.3.1. MarketType and projections, 2015 - 2027(Thousand Units)
12.1.7.3.2. UK Hybrid Vehicle Market Overview, By Electric Powertrain type, 2015 - 2027(Thousand Units)
12.1.7.3.3. UK Hybrid Vehicle Market Overview, By Component type, 2015 - 2027(Thousand Units)
12.1.7.3.4. UK Hybrid Vehicle Market Overview, By Propulsion, 2015 - 2027(Thousand Units)
12.1.7.3.5. Other Segments
12.1.7.4. Italy
12.1.7.4.1. MarketType and projections, 2015 - 2027(Thousand Units)
12.1.7.4.2. Italy Hybrid Vehicle Market Overview, By Electric Powertrain type, 2015 - 2027(Thousand Units)
12.1.7.4.3. Italy Hybrid Vehicle Market Overview, By Component type, 2015 - 2027(Thousand Units)
12.1.7.4.4. Italy Hybrid Vehicle Market Overview, By Propulsion, 2015 - 2027(Thousand Units)
12.1.7.4.5. Other Segments
12.1.7.5. Spain
12.1.7.5.1. MarketType and projections, 2015 - 2027(Thousand Units)
12.1.7.5.2. Spain Hybrid Vehicle Market Overview, By Electric Powertrain type, 2015 - 2027(Thousand Units)
12.1.7.5.3. Spain Hybrid Vehicle Market Overview, By Component type, 2015 - 2027(Thousand Units)
12.1.7.5.4. Spain Hybrid Vehicle Market Overview, By Propulsion, 2015 - 2027(Thousand Units)
12.1.7.5.5. Other Segments
12.1.7.6. Rest of Europe
12.1.7.6.1. MarketType and projections, 2015 – 2027
12.1.7.6.2. Rest of Europe Hybrid Vehicle Market Overview, By Electric Powertrain type, 2015 - 2027(Thousand Units)
12.1.7.6.3. Rest of Europe Hybrid Vehicle Market Overview, By Component type, 2015 - 2027(Thousand Units)
12.1.7.6.4. Rest of Europe Hybrid Vehicle Market Overview, By Propulsion, 2015 - 2027(Thousand Units)
12.1.7.6.5. Other Segments
Chapter 13. Asia Pacific Hybrid Vehicle Market Overview, By Countries, 2015 - 2027(Thousand Units)
13.1. Asia Pacific Hybrid Vehicle Market Overview, 2015 - 2027(Thousand Units)
13.1.1. Market Type and projections, 2015 - 2027(Thousand Units)
13.1.2. Asia Pacific Hybrid Vehicle Market Overview, By Electric Powertrain type, 2015 - 2027 (Thousand Units)
13.1.3. Asia Pacific Hybrid Vehicle Market Overview, By Component type, 2015 - 2027 (Thousand Units)
13.1.4. Asia Pacific Hybrid Vehicle Market Overview, By Propulsion,2015 - 2027 (Thousand Units)
13.1.5. Asia Pacific Hybrid Vehicle Market Overview, By Degree of Hybridization,2015 - 2027 (Thousand Units)
13.1.6. Asia Pacific Hybrid Vehicle Market Overview, By Vehicle Type, 2015 - 2027 (Thousand Units)
13.1.7. Asia Pacific Hybrid Vehicle Market Overview, By Countries, 2015 - 2027(Thousand Units)
13.1.7.1. India
13.1.7.1.1. MarketType and projections, 2015 - 2027(Thousand Units)
13.1.7.1.2. India Hybrid Vehicle Market Overview, By Electric Powertrain type, 2015 - 2027(Thousand Units)
13.1.7.1.3. India Hybrid Vehicle Market Overview, By Component type, 2015 - 2027(Thousand Units)
13.1.7.1.4. India Hybrid Vehicle Market Overview, By Propulsion, 2015 - 2027(Thousand Units)
13.1.7.1.5. Other Segments
13.1.7.2. China
13.1.7.2.1. MarketType and projections, 2015 - 2027(Thousand Units)
13.1.7.2.2. China Hybrid Vehicle Market Overview, By Electric Powertrain type, 2015 - 2027(Thousand Units)
13.1.7.2.3. China Hybrid Vehicle Market Overview, By Component type, 2015 - 2027(Thousand Units)
13.1.7.2.4. China Hybrid Vehicle Market Overview, By Propulsion, 2015 - 2027(Thousand Units)
13.1.7.2.5. Other Segments
13.1.7.3. Japan
13.1.7.3.1. MarketType and projections, 2015 - 2027(Thousand Units)
13.1.7.3.2. Japan Hybrid Vehicle Market Overview, By Electric Powertrain type, 2015 - 2027(Thousand Units)
13.1.7.3.3. Japan Hybrid Vehicle Market Overview, By Component type, 2015 - 2027(Thousand Units)
13.1.7.3.4. Japan Hybrid Vehicle Market Overview, By Propulsion, 2015 - 2027(Thousand Units)
13.1.7.3.5. Other Segments
13.1.7.4. South Korea
13.1.7.4.1. MarketType and projections, 2015 - 2027(Thousand Units)
13.1.7.4.2. South Korea Hybrid Vehicle Market Overview, By Electric Powertrain type, 2015 - 2027(Thousand Units)
13.1.7.4.3. South Korea Hybrid Vehicle Market Overview, By Component type, 2015 - 2027(Thousand Units)
13.1.7.4.4. South Korea Hybrid Vehicle Market Overview, By Propulsion, 2015 - 2027(Thousand Units)
13.1.7.4.5. Other Segments
13.1.7.5. Rest of Asia Pacific
13.1.7.5.1. MarketType and projections, 2015 - 2027(Thousand Units)
13.1.7.5.2. Rest of Asia Pacific Hybrid Vehicle Market Overview, By Electric Powertrain type, 2015 - 2027(Thousand Units)
13.1.7.5.3. Rest of Asia Pacific Hybrid Vehicle Market Overview, By Component type, 2015 - 2027(Thousand Units)
13.1.7.5.4. Rest of Asia Pacific Hybrid Vehicle Market Overview, By Propulsion, 2015 - 2027(Thousand Units)
13.1.7.5.5. Other Segments
Chapter 14. Middle East & Africa Hybrid Vehicle Market Overview, By Countries, 2015 - 2027(Thousand Units)
14.1. Middle East & Africa Hybrid Vehicle Market Overview, 2015 - 2027(Thousand Units)
14.1.1. Market Type and projections, 2015 - 2027(Thousand Units)
14.1.2. Middle East & Africa Hybrid Vehicle Market Overview, By Electric Powertrain type, 2015 - 2027 (Thousand Units)
14.1.3. Middle East & Africa Hybrid Vehicle Market Overview, By Component type, 2015 - 2027 (Thousand Units)
14.1.4. Middle East & Africa Hybrid Vehicle Market Overview, By Propulsion,2015 - 2027 (Thousand Units)
14.1.5. Middle East & Africa Hybrid Vehicle Market Overview, By Degree of Hybridization,2015 - 2027 (Thousand Units)
14.1.6. Middle East & Africa Hybrid Vehicle Market Overview, By Vehicle Type,2015 - 2027 (Thousand Units)
14.1.7. Middle East & Africa Hybrid Vehicle Market Overview, By Countries, 2015 - 2027(Thousand Units)
14.1.7.1. GCC
14.1.7.1.1. MarketType and projections, 2015 - 2027(Thousand Units)
14.1.7.1.2. GCC Hybrid Vehicle Market Overview, By Electric Powertrain type, 2015 - 2027(Thousand Units)
14.1.7.1.3. GCC Hybrid Vehicle Market Overview, By Component type, 2015 - 2027 (Thousand Units)
14.1.7.1.4. GCC Hybrid Vehicle Market Overview, By Propulsion, 2015 - 2027 (Thousand Units)
14.1.7.1.5. Other Segments
14.1.7.2. South Africa
14.1.7.2.1. MarketType and projections, 2015 - 2027 (Thousand Units)
14.1.7.2.2. South Africa Hybrid Vehicle Market Overview, By Electric Powertrain type, 2015 - 2027 (Thousand Units)
14.1.7.2.3. South Africa Hybrid Vehicle Market Overview, By Component type, 2015 - 2027 (Thousand Units)
14.1.7.2.4. South Africa Hybrid Vehicle Market Overview, By Propulsion, 2015 - 2027 (Thousand Units)
14.1.7.2.5. Other Segments
14.1.7.3. Rest of Middle East & Africa
14.1.7.3.1. MarketType and projections, 2015 - 2027(Thousand Units)
14.1.7.3.2. Rest of Middle East & Africa Hybrid Vehicle Market Overview, By Electric Powertrain type, 2015 - 2027(Thousand Units)
14.1.7.3.3. Rest of Middle East & Africa Hybrid Vehicle Market Overview, By Component type, 2015 - 2027(Thousand Units)
14.1.7.3.4. Rest of Middle East & Africa Hybrid Vehicle Market Overview, By Propulsion, 2015 - 2027(Thousand Units)
14.1.7.3.5. Other Segments
Chapter 15. South America Hybrid Vehicle Market Overview, By Countries, 2015 - 2027(Thousand Units)
15.1. South America Hybrid Vehicle Market Overview, 2015 - 2027(Thousand Units)
15.1.1. Market Type and projections, 2015 - 2027(Thousand Units)
15.1.2. South America Hybrid Vehicle Market Overview, By Electric Powertrain type, 2015 - 2027 (Thousand Units)
15.1.3. South America Hybrid Vehicle Market Overview, By Component type, 2015 - 2027 (Thousand Units)
15.1.4. South America Hybrid Vehicle Market Overview, By Propulsion, 2015 - 2027 (Thousand Units)
15.1.5. South America Hybrid Vehicle Market Overview, By Degree of Hybridization, 2015 - 2027 (Thousand Units)
15.1.6. South America Hybrid Vehicle Market Overview, By Vehicle Type, 2015 - 2027 (Thousand Units)
15.1.7. South America Hybrid Vehicle Market Overview, By Countries, 2015- 2026 (Thousand Units)
15.1.8. Brazil
15.1.8.1. MarketType and projections, 2015 - 2027(Thousand Units)
15.1.8.2. Brazil Hybrid Vehicle Market Overview, By Electric Powertrain type, 2015 - 2027(Thousand Units)
15.1.8.3. Brazil Hybrid Vehicle Market Overview, By Component type, 2015 - 2027(Thousand Units)
15.1.8.4. Brazil Hybrid Vehicle Market Overview, By Propulsion, 2015 - 2027(Thousand Units)
15.1.8.5. Other Segments
15.1.9. Argentina
15.1.9.1. MarketType and projections, 2015 - 2027(Thousand Units)
15.1.9.2. Argentina Hybrid Vehicle Market Overview, By Electric Powertrain type, 2015 - 2027(Thousand Units)
15.1.9.3. Argentina Hybrid Vehicle Market Overview, By Component type, 2015 - 2027(Thousand Units)
15.1.9.4. Argentina Hybrid Vehicle Market Overview, By Propulsion, 2015 - 2027(Thousand Units)
15.1.9.5. Other Segments
15.1.10. Rest of South America
15.1.10.1. MarketType and projections, 2015 – 2027
15.1.10.2. Rest of South America Hybrid Vehicle Market Overview, By Electric Powertrain type, 2015 - 2027(Thousand Units)
15.1.10.3. Rest of South America Hybrid Vehicle Market Overview, By Component type, 2015 - 2027(Thousand Units)
15.1.10.4. Rest of South America Hybrid Vehicle Market Overview, By Propulsion, 2015 - 2027(Thousand Units)
15.1.10.5. Other Segments
Chapter 16. Competitive Landscape
16.1. Competitive environment, 2020
16.2. Strategic framework
16.2.1. Partnership/agreement
16.2.2. Expansion
16.2.3. Mergers & Acquisitions
16.2.4. New Technology development
Chapter 17. Key Vendor Analysis
17.1. Volvo
17.1.1. Company overview
17.1.2. Financial performance
17.1.3. Mice Benchmarking
17.1.4. Recent initiatives
17.1.5. SWOT analysis
17.2. Toyota
17.2.1. Company overview
17.2.2. Financial performance
17.2.3. Mice Benchmarking
17.2.4. Recent initiatives
17.2.5. SWOT analysis
17.3. Delphi
17.3.1. Company overview
17.3.2. Financial performance
17.3.3. Product Benchmarking
17.3.4. Recent initiatives
17.4. Ford
17.5. Nissan
Chapter 18. Hybrid Vehicle Market Cost Analysis
18.1. Key Raw Materials Analysis
18.1.1. Key Technology
18.1.2. Price Trend of Hybrid Vehicle Key Raw Materials
18.1.3. Key Suppliers of Raw Materials
18.1.4. Market Concentration Rate of Raw Materials
Chapter 19. Industrial Chain, Sourcing Strategy and Downstream Buyers
19.1. Hybrid Vehicle Market Industrial Chain Analysis
19.2. Upstream Technology Sourcing
19.3. Technology Sources of Hybrid Vehicle Market Major Manufacturers in 2021
19.4. Downstream Buyers
Chapter 20. Marketing Strategy Analysis, Distributors/Traders
20.1. Marketing Channel
20.1.1. Direct Marketing
20.1.2. Indirect Marketing
20.1.3. Marketing Channel Development Trend
20.2. Market Positioning
20.2.1. Pricing Strategy
20.2.2. Brand Strategy
20.2.3. Target Client
20.3. Distributors/Traders List
Chapter 21. Market Effect Factors Analysis
21.1. Technology Progress/Risk
21.1.1. Substitutes Threat
21.1.2. Technology Progress in Related Type
21.2. Consumer Needs/Customer Preference Change
21.3. Economic/Political Environmental Change
Chapter 22. Future Outlook of the Market
Disclaimer 
List of Figures
1. Market segmentation
2. Value chain analysis
3. Porter’s Five Forces’ analysis
4. Power of Suppliers
5. Power of Buyers
6. Threat of New Entrants
7. Threat of Substitute
8. Competitive Rivalry
9. Global Hybrid Vehicle Market share, By Electric Powertrain type, 2020 & 2027 (%)
10. Global Hybrid Vehicle Market share, by Parallel Hybrid, By Electric Powertrain type, 2015 - 2027 (Thousand Units)
11. Global Hybrid Vehicle Market share, by Series Hybrid, By Electric Powertrain type, 2015 - 2027 (Thousand Units)
12. Global Hybrid Vehicle Market share, By Component type, 2020 & 2027 (%)
13. Global Hybrid Vehicle Market share, by Battery, By Component type, 2015 - 2027 (Thousand Units)
14. Global Hybrid Vehicle Market share, by Electric Motor, By Component type2015 - 2027 (Thousand Units)
15. Global Hybrid Vehicle Market share, by Transmission, By Component type2015 - 2027 (Thousand Units)
16. Global Hybrid Vehicle Market share, By Propulsion, 2020 & 2027 (%)
17. Global Hybrid Vehicle Market share, by HEV, By Propulsion, 2015 - 2027 (Thousand Units)
18. Global Hybrid Vehicle Market share, by PHEV, By Propulsion2015 - 2027 (Thousand Units)
19. Global Hybrid Vehicle Market share, by NGV, By Propulsion2015 - 2027 (Thousand Units)
20. Global Hybrid Vehicle Market share, By Degree of Hybridization, 2020 & 2027 (%)
21. Global Hybrid Vehicle Market share, by Full Hybrid, By Degree of Hybridization 2015 - 2027 (Thousand Units)
22. Global Hybrid Vehicle Market share, by Micro-Hybrid, By Degree of Hybridization 2015 - 2027 (Thousand Units)
23. Global Hybrid Vehicle Market share, by Mild Hybrid, By Degree of Hybridization 2015 - 2027 (Thousand Units)
24. Global Hybrid Vehicle Market share, By Vehicle Type, 2020 & 2027 (%)
25. Global Hybrid Vehicle Market share, by Passenger Car, By Vehicle Type 2015 - 2027 (Thousand Units)
26. Global Hybrid Vehicle Market share, by Commercial Vehicle, By Vehicle Type 2015 - 2027 (Thousand Units)
27. Global Hybrid Vehicle Market share, by region, 2020 & 2027 (%)
28. Global Hybrid Vehicle Market share, by region, 2015 - 2027(Thousand Units)
29. North America Hybrid Vehicle Market, 2015 - 2027(Thousand Units)
30. North America Hybrid Vehicle Market share, by Countries, 2020 & 2027 (%)
31. U.S. Hybrid Vehicle Market, 2015 - 2027(Thousand Units)
32. Canada Hybrid Vehicle Market, 2015 - 2027(Thousand Units)
33. Mexico Hybrid Vehicle Market, 2015 - 2027(Thousand Units)
34. Europe Hybrid Vehicle Market, 2015 - 2027(Thousand Units)
35. Europe Hybrid Vehicle Market share, by Countries, 2020 & 2027 (%)
36. Spain Hybrid Vehicle Market, 2015 - 2027(Thousand Units)
37. UK Hybrid Vehicle Market, 2015 - 2027(Thousand Units)
38. Italy Hybrid Vehicle Market, 2015 - 2027(Thousand Units)
39. Germany Hybrid Vehicle Market, 2015 - 2027(Thousand Units)
40. France Hybrid Vehicle Market, 2015 - 2027(Thousand Units)
41. Rest of Europe Hybrid Vehicle Market, 2015 - 2027(Thousand Units)
42. Asia-Pacific Hybrid Vehicle Market, 2015 - 2027(Thousand Units)
43. Asia-Pacific Hybrid Vehicle Market share, by Countries, 2020 & 2027 (%)
44. China Hybrid Vehicle Market, 2015 - 2027(Thousand Units)
45. India Hybrid Vehicle Market, 2015 - 2027(Thousand Units)
46. Australia Hybrid Vehicle Market, 2015 - 2027(Thousand Units)
47. Japan Hybrid Vehicle Market, 2015 - 2027(Thousand Units)
48. Rest of Asia-Pacific Hybrid Vehicle Market, 2015 - 2027(Thousand Units)
49. Middle East & Africa Hybrid Vehicle Market, 2015 - 2027(Thousand Units)
50. Middle East & Africa Hybrid Vehicle Market share, by Countries, 2020 & 2027 (%)
51. GCC Hybrid Vehicle Market, 2015 - 2027(Thousand Units)
52. South Africa Hybrid Vehicle Market, 2015 - 2027(Thousand Units)
53. Rest of Middle East & Africa Hybrid Vehicle Market, 2015 - 2027(Thousand Units)
54. South America Hybrid Vehicle Market, 2015 - 2027(Thousand Units)
55. Brazil Hybrid Vehicle Market, 2015 - 2027(Thousand Units)
56. Mexico Hybrid Vehicle Market, 2015 - 2027(Thousand Units)
57. Argentina Hybrid Vehicle Market, 2015 - 2027(Thousand Units)
58. Rest Of South America Hybrid Vehicle Market, 2015 - 2027(Thousand Units)
List of Tables
1. Impact of Market drivers
2. Impact of Market restraints
3. Global Hybrid Vehicle Market, 2015-2027(Thousand Units)
4. Weather Information Technologies requirement, by country, 2015-2027, (Thousand Units)
5. North America Hybrid Vehicle Market, By Electric Powertrain type, 2015-2027(Thousand Units)
6. North America Hybrid Vehicle Market, By Component type, 2015-2027 (Thousand Units)
7. North America Hybrid Vehicle Market, By Propulsion, 2015-2027 (Thousand Units)
8. North America Hybrid Vehicle Market, By Degree of Hybridization, 2015-2027 (Thousand Units)
9. North America Hybrid Vehicle Market, By Vehicle Type, 2015-2027 (Thousand Units)
10. Europe Hybrid Vehicle Market, By Electric Powertrain type, 2015-2027(Thousand Units)
11. Europe Hybrid Vehicle Market, By Component type, 2015-2027(Thousand Units)
12. Europe Hybrid Vehicle Market, By Propulsion, 2015-2027(Thousand Units)
13. Europe Hybrid Vehicle Market, By Degree of Hybridization, 2015-2027(Thousand Units)
14. Europe Hybrid Vehicle Market, By Vehicle Type, 2015-2027(Thousand Units)
15. Asia Pacific Hybrid Vehicle Market, By Electric Powertrain type, 2015-2027(Thousand Units)
16. Asia Pacific Hybrid Vehicle Market, By Component type, 2015-2027(Thousand Units)
17. Asia Pacific Hybrid Vehicle Market, By Propulsion, 2015-2027(Thousand Units)
18. Asia Pacific Hybrid Vehicle Market, By Degree of Hybridization, 2015-2027(Thousand Units)
19. Asia Pacific Hybrid Vehicle Market, By Vehicle Type, 2015-2027(Thousand Units)
20. Middle East & Africa Hybrid Vehicle Market, By Electric Powertrain type, 2015-2027(Thousand Units)
21. Middle East & Africa Hybrid Vehicle Market, By Component type, 2015-2027(Thousand Units)
22. Middle East & Africa Hybrid Vehicle Market, By Propulsion, 2015-2027(Thousand Units)
23. Middle East & Africa Hybrid Vehicle Market, By Degree of Hybridization, 2015-2027(Thousand Units)
24. Middle East & Africa Hybrid Vehicle Market, By Vehicle Type, 2015-2027(Thousand Units)
25. South America Hybrid Vehicle Market, By Electric Powertrain type, 2015-2027(Thousand Units)
26. South America Hybrid Vehicle Market, By Component type, 2015-2027(Thousand Units)
27. South America Hybrid Vehicle Market, By Propulsion, 2015-2027(Thousand Units)
28. South America Hybrid Vehicle Market, By Degree of Hybridization, 2015-2027(Thousand Units)
29. South America Hybrid Vehicle Market, By Vehicle Type, 2015-2027(Thousand Units)
30. Global Hybrid Vehicle Market, Company Market Share, 2020 - 2027 (%)
31. Volvo : Component Benchmarking
32. Volvo : Financial Performance
33. Toyota : Component Benchmarking
34. Toyota : Financial Performance
35. Delphi : Component Benchmarking
36. Delphi : Financial Performance
37. Ford : Component Benchmarking
38. Ford : Financial Performance
39. Nissan : Component Benchmarking
40. Nissan : Financial Performance

The Leading Key Players in Hybrid Vehicle Market

Volvo Group
Volkswagen Group
Toyota
Tata Motors Limited
Suzuki Motor Corporation
Renault
PSA Peugeot Citroen
Nissan
Hyundai-Kia
Honda
General Motors
Ford
Fiat
Daimler AG
Chrysler
BYD