Market Overview:
The global smart hybrid vehicle market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for fuel-efficient and low-emission vehicles, rising concerns over climate change, and government initiatives towards the adoption of electric vehicles. The belt-integrated starter generator (BISG) segment is expected to account for the largest share of the global smart hybrid vehicle market in 2018. This segment is projected to grow at a CAGR of XX% during the forecast period. The crankshaft-integrated motor generator (CIMG) segment is projected to grow at a higher CAGR than the BISG segment during the forecast period. This can be attributed to its advantages such as improved fuel efficiency and reduced emissions as compared with other types of generators used in hybrids. In terms of application, passenger vehicles are expected to account for the largest share ofthe global smart hybrid vehicle market in 2018.
Product Definition:
A smart hybrid vehicle (SHV) is a type of electric vehicle that uses two or more forms of power, such as gasoline and electricity, to improve fuel economy. SHVs can provide significant benefits over traditional gasoline-powered vehicles, including better fuel economy, reduced emissions and lower cost of ownership.
Belt-integrated Starter Generator:
Belt-integrated starter generator (BIG) is a device, which helps in starting the internal combustion engines and rechargeable batteries simultaneously. It also aids in providing electrical power to drive the accessories like air conditioner, water pump, battery charger among others.
In conventional vehicles; there are two generators i.e., gasoline engine and diesel engine mounted on a common crankshaft position that drives both electric motors connected to it.
Crankshaft-integrated Motor Generator:
Crankshaft-integrated motor generator (CIMG) is a system which uses the energy generated from crankshaft to power electric motors in hybrid vehicles. CIMG systems are used for providing additional power when vehicle engine is running at low speeds.
Increasing demand for fuel efficient vehicles.
Application Insights:
The passenger vehicle segment dominated the global smart hybrid vehicle market in 2017 and is expected to maintain its dominance over the forecast period. The introduction of stringent government regulations for reducing vehicular pollution is expected to drive the demand for such vehicles. For instance, in December 2017, China announced plans to cap annual new car sales which are considered to be a major source of air pollution. Such initiatives are likely to accelerate growth over the coming years.
The commercial vehicle segment accounted for a significant share in 2017 and is projectededto witness substantial growth over next eight years owingto increasing deployment of electric powertrain systemsin heavy-duty commercial vehicles such as trucks and buses among others.
Regional Analysis:
Asia Pacific is expected to emerge as the fastest-growing region over the forecast period. The regional growth can be attributed to increasing demand for efficient vehicles with superior performance characteristics, which are also relatively inexpensive. Moreover, rising disposable income of consumers and an expanding middle-class population base in countries such as China and India are likely to contribute significantly toward market growth during the forecast period.
The North American regional market accounted for a share of more than 25% in terms of revenue in 2017 owing to early adoption by U.S., followed by European countries such as Germany and France that have a large number of hybrid vehicle manufacturing facilities based on Europe's mainland.
Growth Factors:
- Increasing demand for fuel-efficient and environment-friendly vehicles
- Government initiatives and subsidies for hybrid vehicles
- Rising consumer awareness about the benefits of hybrid vehicles
- Technological advancements in hybrid vehicle technology
- Growing demand from emerging markets
Scope Of The Report
Report Attributes
Report Details
Report Title
Smart Hybrid Vehicle Market Research Report
By Type
Belt-integrated Starter Generator, Crankshaft-integrated Motor Generator
By Application
Passenger Vehicle, Commercial Vehicle
By Companies
Audi AG, Automobili Lamborghini S.p.A., BMW AG, BorgWarner Inc., Continental AG (Vitesco), Daimler AG, Ferrari S.p.A, Fiat Chrysler Automobiles, Ford Motor Company, Geely Auto, Audi AG, Groupe Renault, Honda Motor Co., Ltd., Hyundai Motor Company, JAGUAR LAND ROVER LIMITED, Ricardo, Robert Bosch GmbH, SAIC Motor Corporation Limited, Suzuki Motor Corporation, Volvo Car Corporation
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
148
Number of Tables & Figures
104
Customization Available
Yes, the report can be customized as per your need.
Global Smart Hybrid Vehicle Market Report Segments:
The global Smart Hybrid Vehicle market is segmented on the basis of:
Types
Belt-integrated Starter Generator, Crankshaft-integrated Motor Generator
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
Passenger Vehicle, Commercial Vehicle
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:
- Audi AG
- Automobili Lamborghini S.p.A.
- BMW AG
- BorgWarner Inc.
- Continental AG (Vitesco)
- Daimler AG
- Ferrari S.p.A
- Fiat Chrysler Automobiles
- Ford Motor Company
- Geely Auto
- Audi AG
- Groupe Renault
- Honda Motor Co., Ltd.
- Hyundai Motor Company
- JAGUAR LAND ROVER LIMITED
- Ricardo
- Robert Bosch GmbH
- SAIC Motor Corporation Limited
- Suzuki Motor Corporation
- Volvo Car Corporation
Highlights of The Smart Hybrid Vehicle 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:
- Belt-integrated Starter Generator
- Crankshaft-integrated Motor Generator
- By Application:
- Passenger Vehicle
- Commercial Vehicle
- 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 Smart Hybrid Vehicle 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?
A Smart Hybrid Vehicle is a car that uses both gasoline and electric power to run.
Some of the major companies in the smart hybrid vehicle market are Audi AG, Automobili Lamborghini S.p.A., BMW AG, BorgWarner Inc., Continental AG (Vitesco), Daimler AG, Ferrari S.p.A, Fiat Chrysler Automobiles, Ford Motor Company, Geely Auto, Audi AG, Groupe Renault, Honda Motor Co., Ltd., Hyundai Motor Company, JAGUAR LAND ROVER LIMITED, Ricardo, Robert Bosch GmbH, SAIC Motor Corporation Limited, Suzuki Motor Corporation, Volvo Car Corporation.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Smart Hybrid Vehicle 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 Smart Hybrid Vehicle Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Smart Hybrid Vehicle 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 Smart Hybrid Vehicle 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 Smart Hybrid Vehicle Market Size & Forecast, 2018-2028 4.5.1 Smart Hybrid Vehicle Market Size and Y-o-Y Growth 4.5.2 Smart Hybrid Vehicle Market Absolute $ Opportunity
Chapter 5 Global Smart Hybrid Vehicle 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 Smart Hybrid Vehicle Market Size Forecast by Type
5.2.1 Belt-integrated Starter Generator
5.2.2 Crankshaft-integrated Motor Generator
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Smart Hybrid Vehicle 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 Smart Hybrid Vehicle Market Size Forecast by Applications
6.2.1 Passenger Vehicle
6.2.2 Commercial Vehicle
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Smart Hybrid Vehicle 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 Smart Hybrid Vehicle 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 Smart Hybrid Vehicle Analysis and Forecast
9.1 Introduction
9.2 North America Smart Hybrid Vehicle 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 Smart Hybrid Vehicle Market Size Forecast by Type
9.6.1 Belt-integrated Starter Generator
9.6.2 Crankshaft-integrated Motor Generator
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 Smart Hybrid Vehicle Market Size Forecast by Applications
9.10.1 Passenger Vehicle
9.10.2 Commercial Vehicle
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 Smart Hybrid Vehicle Analysis and Forecast
10.1 Introduction
10.2 Europe Smart Hybrid Vehicle 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 Smart Hybrid Vehicle Market Size Forecast by Type
10.6.1 Belt-integrated Starter Generator
10.6.2 Crankshaft-integrated Motor Generator
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 Smart Hybrid Vehicle Market Size Forecast by Applications
10.10.1 Passenger Vehicle
10.10.2 Commercial Vehicle
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 Smart Hybrid Vehicle Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Smart Hybrid Vehicle 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 Smart Hybrid Vehicle Market Size Forecast by Type
11.6.1 Belt-integrated Starter Generator
11.6.2 Crankshaft-integrated Motor Generator
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 Smart Hybrid Vehicle Market Size Forecast by Applications
11.10.1 Passenger Vehicle
11.10.2 Commercial Vehicle
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 Smart Hybrid Vehicle Analysis and Forecast
12.1 Introduction
12.2 Latin America Smart Hybrid Vehicle 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 Smart Hybrid Vehicle Market Size Forecast by Type
12.6.1 Belt-integrated Starter Generator
12.6.2 Crankshaft-integrated Motor Generator
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 Smart Hybrid Vehicle Market Size Forecast by Applications
12.10.1 Passenger Vehicle
12.10.2 Commercial Vehicle
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) Smart Hybrid Vehicle Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Smart Hybrid Vehicle 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) Smart Hybrid Vehicle Market Size Forecast by Type
13.6.1 Belt-integrated Starter Generator
13.6.2 Crankshaft-integrated Motor Generator
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) Smart Hybrid Vehicle Market Size Forecast by Applications
13.10.1 Passenger Vehicle
13.10.2 Commercial Vehicle
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 Smart Hybrid Vehicle Market: Competitive Dashboard
14.2 Global Smart Hybrid Vehicle Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Audi AG
14.3.2 Automobili Lamborghini S.p.A.
14.3.3 BMW AG
14.3.4 BorgWarner Inc.
14.3.5 Continental AG (Vitesco)
14.3.6 Daimler AG
14.3.7 Ferrari S.p.A
14.3.8 Fiat Chrysler Automobiles
14.3.9 Ford Motor Company
14.3.10 Geely Auto
14.3.11 Audi AG
14.3.12 Groupe Renault
14.3.13 Honda Motor Co., Ltd.
14.3.14 Hyundai Motor Company
14.3.15 JAGUAR LAND ROVER LIMITED
14.3.16 Ricardo
14.3.17 Robert Bosch GmbH
14.3.18 SAIC Motor Corporation Limited
14.3.19 Suzuki Motor Corporation
14.3.20 Volvo Car Corporation