Market Overview:
The global hybrid SUVs market is estimated to be valued at US$ XX Mn in 2018 and is projected to reach US$ XX Mn by 2030, exhibiting a CAGR of X.X%. The market growth can be attributed to the increasing demand for fuel-efficient vehicles and the rising awareness about environment-friendly vehicles. The all hybrid SUVs segment is expected to account for a major share of the global hybrid SUVs market during the forecast period. This can be attributed to the increasing demand for eco-friendly and fuel-efficient vehicles across the globe. The plug-in hybrid SUV segment is anticipated to grow at a higher CAGR during 2018–2030 owing to factors such as tax benefits offered on purchase of plug-in hybrids in developed countries, growing awareness about environment friendly cars, and technological advancements in this segment. In terms of application, OEMs are expected hold a dominant position in the global hybrid SUVs market throughout the forecast period.
Product Definition:
Hybrid SUVs are vehicles that have both a gasoline engine and an electric motor. They use energy from the electric motor to help power the vehicle, and they also can use energy from the gasoline engine. This makes them more fuel-efficient than regular SUVs.
All Hybrid SUVs:
All-hybrid SUVs are a combination of gasoline engine and electric motor that can run on both conventional fuel as well as electricity. The term all-hybrid SUV is generally used for vehicles such as Toyota RAV4, Honda CR-V, Nissan Murano Crossroad, etc. These types of SUVs have better fuel economy and performance than conventional hybrid vehicles.
Plug-in Hybrid SUVs:
Plug-in Hybrid SUVs (PHEV) and its usage in the hybrid SUV market is a relatively new concept. However, it has been gaining significant popularity among consumers as an alternative to conventional Internal Combustion Engine (ICE)-based vehicles. The plug-in hybrid SUV is a type of electric vehicle that uses a combination of fuel cells and batteries for power supply. It can be used as both an EV and PHEV depending on the driving conditions.
Application Insights:
The OEM market is categorized into commercial vehicles and passenger cars. The OEM market for SUVs was dominated by the Mercedes-Benz, Audi, BMW Group, Porsche, Infiniti and Volkswagen Group in 2017. These companies offer a wide range of passenger cars as well as sports utility vehicles to serve varied customer requirements. For instance, Mercedes offers an SUV with four-wheel drive system while Audi offers an SUV with two driven wheels at the rear to provide better handling characteristics on rugged terrains. Such examples demonstrate that even though sports utility vehicle sales are more popular in emerging markets such as China and India; there is no dearth of demand for luxury SUVs from developed countries either.
Regional Analysis:
The Asia Pacific regional market is anticipated to witness significant growth over the forecast period owing to increasing demand for luxury and premium cars. The growing population in countries, such as China, India, Indonesia and Vietnam is expected to be a key driver for the automotive industry in APAC. Furthermore, rising disposable income levels are also likely to boost sales of all types of vehicles including SUVs over the next eight years.
North America accounted for more than 25% share of global revenue in 2017 owing to high demand from U.S., which has one of the largest car markets globally after China and Japan with around 15 million units sold every year since 2010’s decade.
Growth Factors:
- Increasing demand for fuel-efficient vehicles: A major growth driver for the hybrid SUV market is the increasing demand for fuel-efficient vehicles. This is due to the rising cost of fuel and concerns about global warming.
- Government incentives: Governments around the world are offering incentives such as tax breaks and subsidies to promote the purchase of hybrid SUVs. This is helping to drive growth in this market segment.
- Improved technology: The development of more advanced and efficient hybrid technologies is helping to boost sales of hybrid SUVs. For example, new plug-in hybrids can be plugged into an electrical outlet to recharge their batteries, allowing them to travel longer distances without using gasoline or diesel fuel.
Scope Of The Report
Report Attributes
Report Details
Report Title
Hybrid SUVs Market Research Report
By Type
All Hybrid SUVs, Plug-in Hybrid SUVs
By Application
OEM Market, Automobile After Market
By Companies
BMW, Porsche, Volvo, Audi, Toyota, Chevrolet, Saturn, GMC, Ford, Nissan, BMW, Cadillac, Volkswagen, Subaru, Mitsubishi, Kia, BYD
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
216
Number of Tables & Figures
152
Customization Available
Yes, the report can be customized as per your need.
Global Hybrid SUVs Market Report Segments:
The global Hybrid SUVs market is segmented on the basis of:
Types
All Hybrid SUVs, Plug-in Hybrid SUVs
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
OEM Market, Automobile After Market
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- BMW
- Porsche
- Volvo
- Audi
- Toyota
- Chevrolet
- Saturn
- GMC
- Ford
- Nissan
- BMW
- Cadillac
- Volkswagen
- Subaru
- Mitsubishi
- Kia
- BYD
Highlights of The Hybrid SUVs Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- All Hybrid SUVs
- Plug-in Hybrid SUVs
- By Application:
- OEM Market
- Automobile After Market
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Hybrid SUVs Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Hybrid SUVs are a type of SUV that combines the features of both a regular SUV and a minivan. They typically have more space than either type of vehicle, but they also have the maneuverability and fuel efficiency of minivans.
Some of the major companies in the hybrid suvs market are BMW, Porsche, Volvo, Audi, Toyota, Chevrolet, Saturn, GMC, Ford, Nissan, BMW, Cadillac, Volkswagen, Subaru, Mitsubishi, Kia, BYD.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Hybrid SUVs Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Hybrid SUVs Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Hybrid SUVs Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Hybrid SUVs Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Hybrid SUVs Market Size & Forecast, 2020-2028
4.5.1 Hybrid SUVs Market Size and Y-o-Y Growth
4.5.2 Hybrid SUVs Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 All Hybrid SUVs
5.2.2 Plug-in Hybrid SUVs
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 OEM Market
6.2.2 Automobile After Market
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Hybrid SUVs Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Hybrid SUVs Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 All Hybrid SUVs
9.6.2 Plug-in Hybrid SUVs
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 OEM Market
9.10.2 Automobile After Market
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 All Hybrid SUVs
10.6.2 Plug-in Hybrid SUVs
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 OEM Market
10.10.2 Automobile After Market
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 All Hybrid SUVs
11.6.2 Plug-in Hybrid SUVs
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 OEM Market
11.10.2 Automobile After Market
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 All Hybrid SUVs
12.6.2 Plug-in Hybrid SUVs
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 OEM Market
12.10.2 Automobile After Market
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 All Hybrid SUVs
13.6.2 Plug-in Hybrid SUVs
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 OEM Market
13.10.2 Automobile After Market
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Hybrid SUVs Market: Competitive Dashboard
14.2 Global Hybrid SUVs Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 BMW
14.3.2 Porsche
14.3.3 Volvo
14.3.4 Audi
14.3.5 Toyota
14.3.6 Chevrolet
14.3.7 Saturn
14.3.8 GMC
14.3.9 Ford
14.3.10 Nissan
14.3.11 BMW
14.3.12 Cadillac
14.3.13 Volkswagen
14.3.14 Subaru
14.3.15 Mitsubishi
14.3.16 Kia
14.3.17 BYD
