Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Hybrid and Electric Vehicles Market by Type (Hybrid Electric Vehicles, Pure Electric Vehicles), By Application (Light Vehicles, Medium- and Heavy-Duty Vehicles) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Hybrid and Electric Vehicles Market by Type (Hybrid Electric Vehicles, Pure Electric Vehicles), By Application (Light Vehicles, Medium- and Heavy-Duty Vehicles) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 195502 3300 Automobile & Transportation 377 242 Pages 4.7 (39)
                                          

The global hybrid and electric vehicles market is expected to grow at a CAGR of around 12.5% during the forecast period, from 2021 to 2030. The market is driven by factors such as increasing demand for fuel-efficient vehicles, stringent emission norms, and government incentives. The light vehicle segment accounted for the largest share of the global hybrid and electric vehicles market in 2018. This can be attributed to the increasing demand for fuel-efficient cars in developed economies such as North America and Europe. The light vehicle segment accounted for the largest share of the global hybrid and electric vehicles market in 2018.

  1. The cost of electric vehicles is decreasing, which will make them more affordable for the average consumer.
  2. The number of charging stations is increasing, which will make it easier for people to charge their cars when they are not at home.
  3. There are many incentives and tax breaks available to those who purchase an electric vehicle, which will help increase the demand for these vehicles in the future.
  4. Electric vehicles produce less pollution than traditional gas-powered cars, which makes them a better choice for those who want to reduce their carbon footprint and help protect the environment from harmful emissions that contribute to climate change.
  5. Hybrid and electric vehicles have lower maintenance costs than traditional gas-powered cars because they do not require oil changes or tune-ups as often.

Industry Growth Insights published a new data on “Hybrid and Electric Vehicles Market”. The research report is titled “Hybrid and Electric Vehicles Market research by Types (Hybrid Electric Vehicles, Pure Electric Vehicles), By Applications (Light Vehicles, Medium- and Heavy-Duty Vehicles), By Players/Companies BAIC, BMW, BYD, Ford, Geely, Honda, Hyundai-Kia, Tesla, Toyota”.

Scope Of The Report

Report Attributes

Report Details

Report Title

Hybrid and Electric Vehicles Market Research Report

By Type

Hybrid Electric Vehicles, Pure Electric Vehicles

By Application

Light Vehicles, Medium- and Heavy-Duty Vehicles

By Companies

BAIC, BMW, BYD, Ford, Geely, Honda, Hyundai-Kia, Tesla, Toyota

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

242

Number of Tables & Figures

170

Customization Available

Yes, the report can be customized as per your need.


Global Hybrid and Electric Vehicles Industry Outlook


Global Hybrid and Electric Vehicles Market Report Segments:

The global Hybrid and Electric Vehicles market is segmented on the basis of:

Types

Hybrid Electric Vehicles, Pure Electric Vehicles

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

Light Vehicles, Medium- and Heavy-Duty Vehicles

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:

  1. BAIC
  2. BMW
  3. BYD
  4. Ford
  5. Geely
  6. Honda
  7. Hyundai-Kia
  8. Tesla
  9. Toyota

Global Hybrid and Electric Vehicles Market Overview


Highlights of The Hybrid and Electric Vehicles Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Hybrid Electric Vehicles
    2. Pure Electric Vehicles
  1. By Application:

    1. Light Vehicles
    2. Medium- and Heavy-Duty Vehicles
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Hybrid and Electric Vehicles 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

Global Hybrid and Electric Vehicles Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?


Hybrid and electric vehicles are vehicles that use both gasoline and electricity to power the vehicle.

Some of the key players operating in the hybrid and electric vehicles market are BAIC, BMW, BYD, Ford, Geely, Honda, Hyundai-Kia, Tesla, Toyota.

The hybrid and electric vehicles market is expected to grow at a compound annual growth rate of 12.5%.

                                            
1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

4. Hybrid and Electric Vehicles Market Overview
   4.1. Introduction
      4.1.1. Market Taxonomy
      4.1.2. Market Definition
   4.2. Macro-Economic Factors
      4.2.1. Industry Outlook
   4.3. Hybrid and Electric Vehicles Market Dynamics
      4.3.1. Market Drivers
      4.3.2. Market Restraints
      4.3.3. Opportunity
      4.3.4. Market Trends
   4.4. Hybrid and Electric Vehicles Market - Supply Chain
   4.5. Global Hybrid and Electric Vehicles Market Forecast
      4.5.1. Hybrid and Electric Vehicles Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. Hybrid and Electric Vehicles Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. Hybrid and Electric Vehicles Market Absolute $ Opportunity

5. Global Hybrid and Electric Vehicles Market Analysis and Forecast by Type
   5.1. Market Trends
   5.2. Introduction
      5.2.1. Basis Point Share (BPS) Analysis by Type
      5.2.2. Y-o-Y Growth Projections by Type
   5.3. Hybrid and Electric Vehicles Market Size and Volume Forecast by Type
      5.3.1. Hybrid Electric Vehicles
      5.3.2. Pure Electric Vehicles
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global Hybrid and Electric Vehicles Market Analysis and Forecast by Application
   6.1. Market Trends
   6.2. Introduction
      6.2.1. Basis Point Share (BPS) Analysis by Application
      6.2.2. Y-o-Y Growth Projections by Application
   6.3. Hybrid and Electric Vehicles Market Size and Volume Forecast by Application
      6.3.1. Light Vehicles
      6.3.2. Medium- and Heavy-Duty Vehicles
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global Hybrid and Electric Vehicles Market Analysis and Forecast by Sales Channel
   7.1. Market Trends
   7.2. Introduction
      7.2.1. Basis Point Share (BPS) Analysis by Sales Channel 
      7.2.2. Y-o-Y Growth Projections by Sales Channel
   7.3. Hybrid and Electric Vehicles Market Size and Volume Forecast by Sales Channel 
      7.3.1. Manufacturer/Distributor/Service Provider
      7.3.2. Aftermarket
   7.4. Absolute $ Opportunity Assessment by Sales Channel
   7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel

8. Global Hybrid and Electric Vehicles Market Analysis and Forecast by Region
   8.1. Market Trends
   8.2. Introduction
      8.2.1. Basis Point Share (BPS) Analysis by Region
      8.2.2. Y-o-Y Growth Projections by Region
   8.3. Hybrid and Electric Vehicles Market Size and Volume Forecast by Region
      8.3.1. North America
      8.3.2. Latin America
      8.3.3. Europe
      8.3.4. Asia Pacific
      8.3.5. Middle East and Africa (MEA)
   8.4. Absolute $ Opportunity Assessment by Region
   8.5. Market Attractiveness/Growth Potential Analysis by Region
   8.6. Global Hybrid and Electric Vehicles Demand Share Forecast, 2019-2026

9. North America Hybrid and Electric Vehicles Market Analysis and Forecast
   9.1. Introduction
      9.1.1. Basis Point Share (BPS) Analysis by Country
      9.1.2. Y-o-Y Growth Projections by Country
   9.2. North America Hybrid and Electric Vehicles Market Size and Volume Forecast by Country
      9.2.1. U.S.
      9.2.2. Canada
   9.3. Absolute $ Opportunity Assessment by Country
   9.4. North America Hybrid and Electric Vehicles Market Size and Volume Forecast by Application
      9.4.1. Light Vehicles
      9.4.2. Medium- and Heavy-Duty Vehicles
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America Hybrid and Electric Vehicles Market Size and Volume Forecast by Type
      9.7.1. Hybrid Electric Vehicles
      9.7.2. Pure Electric Vehicles
   9.8. Basis Point Share (BPS) Analysis by Type
   9.9. Y-o-Y Growth Projections by Type
   9.10. Market Attractiveness/Growth Potential Analysis
      9.10.1. By Country
      9.10.2. By Product Type
      9.10.3. By Application
      9.10.4. By Sales Channel
   9.11. North America Hybrid and Electric Vehicles Demand Share Forecast, 2019-2026

10. Latin America Hybrid and Electric Vehicles Market Analysis and Forecast
   10.1. Introduction
      10.1.1. Basis Point Share (BPS) Analysis by Country
      10.1.2. Y-o-Y Growth Projections by Country
      10.1.3. Latin America Average Pricing Analysis
   10.2. Latin America Hybrid and Electric Vehicles Market Size and Volume Forecast by Country
      10.2.1. Brazil
      10.2.2. Mexico
      10.2.3. Rest of Latin America
   10.3. Absolute $ Opportunity Assessment by Country
   10.4. Latin America Hybrid and Electric Vehicles Market Size and Volume Forecast by Application
      10.4.1. Light Vehicles
      10.4.2. Medium- and Heavy-Duty Vehicles
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America Hybrid and Electric Vehicles Market Size and Volume Forecast by Type
      10.7.1. Hybrid Electric Vehicles
      10.7.2. Pure Electric Vehicles
   10.8. Basis Point Share (BPS) Analysis by Type
   10.9. Y-o-Y Growth Projections by Type
   10.10. Market Attractiveness/Growth Potential Analysis
      10.10.1. By Country
      10.10.2. By Product Type
      10.10.3. By Application
      10.10.4. By Sales Channel
   10.11. Latin America Hybrid and Electric Vehicles Demand Share Forecast, 2019-2026

11. Europe Hybrid and Electric Vehicles Market Analysis and Forecast
   11.1. Introduction
      11.1.1. Basis Point Share (BPS) Analysis by Country
      11.1.2. Y-o-Y Growth Projections by Country
      11.1.3. Europe Average Pricing Analysis
   11.2. Europe Hybrid and Electric Vehicles Market Size and Volume Forecast by Country
      11.2.1. Germany
      11.2.2. France
      11.2.3. Italy
      11.2.4. U.K.
      11.2.5. Spain
      11.2.6. Russia
      11.2.7. Rest of Europe
   11.3. Absolute $ Opportunity Assessment by Country
   11.4. Europe Hybrid and Electric Vehicles Market Size and Volume Forecast by Application
      11.4.1. Light Vehicles
      11.4.2. Medium- and Heavy-Duty Vehicles
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe Hybrid and Electric Vehicles Market Size and Volume Forecast by Type
      11.7.1. Hybrid Electric Vehicles
      11.7.2. Pure Electric Vehicles
   11.8. Basis Point Share (BPS) Analysis by Type
   11.9. Y-o-Y Growth Projections by Type
   11.10. Market Attractiveness/Growth Potential Analysis
      11.10.1. By Country
      11.10.2. By Product Type
      11.10.3. By Application
      11.10.4. By Sales Channel
   11.11. Europe Hybrid and Electric Vehicles Demand Share, 2019-2026

12. Asia Pacific Hybrid and Electric Vehicles Market Analysis and Forecast
   12.1. Introduction
      12.1.1. Basis Point Share (BPS) Analysis by Country
      12.1.2. Y-o-Y Growth Projections by Country
      12.1.3. Asia Pacific Average Pricing Analysis
   12.2. Asia Pacific Hybrid and Electric Vehicles Market Size and Volume Forecast by Country
      12.2.1. China
      12.2.2. Japan
      12.2.3. South Korea
      12.2.4. India
      12.2.5. Australia
      12.2.6. Rest of Asia Pacific (APAC)
   12.3. Absolute $ Opportunity Assessment by Country
   12.4. Asia Pacific Hybrid and Electric Vehicles Market Size and Volume Forecast by Application
      12.4.1. Light Vehicles
      12.4.2. Medium- and Heavy-Duty Vehicles
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific Hybrid and Electric Vehicles Market Size and Volume Forecast by Type
      12.7.1. Hybrid Electric Vehicles
      12.7.2. Pure Electric Vehicles
   12.8. Basis Point Share (BPS) Analysis by Type
   12.9. Y-o-Y Growth Projections by Type
   12.10. Market Attractiveness/Growth Potential Analysis
      12.10.1. By Country
      12.10.2. By Product Type
      12.10.3. By Application
      12.10.4. By Sales Channel
   12.11. Asia Pacific Hybrid and Electric Vehicles Demand Share, 2019-2026

13. Middle East & Africa Hybrid and Electric Vehicles Market Analysis and Forecast
   13.1. Introduction
      13.1.1. Basis Point Share (BPS) Analysis by Country
      13.1.2. Y-o-Y Growth Projections by Country
      13.1.3. Asia Pacific Average Pricing Analysis
   13.2. Middle East & Africa Hybrid and Electric Vehicles Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
   13.4. Middle East & Africa Hybrid and Electric Vehicles Market Size and Volume Forecast by Application
      13.4.1. Light Vehicles
      13.4.2. Medium- and Heavy-Duty Vehicles
   13.5. Basis Point Share (BPS) Analysis by Application
   13.6. Y-o-Y Growth Projections by Application
   13.7. Middle East & Africa Hybrid and Electric Vehicles Market Size and Volume Forecast by Type
      13.7.1. Hybrid Electric Vehicles
      13.7.2. Pure Electric Vehicles
   13.8. Basis Point Share (BPS) Analysis by Type
   13.9. Y-o-Y Growth Projections by Type
   13.10. Market Attractiveness/Growth Potential Analysis
      13.10.1. By Country
      13.10.2. By Product Type
      13.10.3. By Application
      13.10.4. By Sales Channel
   13.11. Middle East & Africa Hybrid and Electric Vehicles Demand Share, 2019-2026

14. Competition Landscape
   14.1. Global Hybrid and Electric Vehicles Market: Market Share Analysis
   14.2. Hybrid and Electric Vehicles Distributors and Customers
   14.3. Hybrid and Electric Vehicles Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. BAIC
         14.4.1.1. Overview
         14.4.1.2. Financials
         14.4.1.3. Developments
         14.4.1.4. Strategic Outlook
      14.4.2. BMW
         14.4.2.1. Overview
         14.4.2.2. Financials
         14.4.2.3. Developments
         14.4.2.4. Strategic Outlook
      14.4.3. BYD
         14.4.3.1. Overview
         14.4.3.2. Financials
         14.4.3.3. Developments
         14.4.3.4. Strategic Outlook
      14.4.4. Ford
         14.4.4.1. Overview
         14.4.4.2. Financials
         14.4.4.3. Developments
         14.4.4.4. Strategic Outlook
      14.4.5. Geely
         14.4.5.1. Overview
         14.4.5.2. Financials
         14.4.5.3. Developments
         14.4.5.4. Strategic Outlook
      14.4.6. Honda
         14.4.6.1. Overview
         14.4.6.2. Financials
         14.4.6.3. Developments
         14.4.6.4. Strategic Outlook
      14.4.7. Hyundai-Kia
         14.4.7.1. Overview
         14.4.7.2. Financials
         14.4.7.3. Developments
         14.4.7.4. Strategic Outlook
      14.4.8. Tesla
         14.4.8.1. Overview
         14.4.8.2. Financials
         14.4.8.3. Developments
         14.4.8.4. Strategic Outlook
      14.4.9. Toyota
         14.4.9.1. Overview
         14.4.9.2. Financials
         14.4.9.3. Developments
         14.4.9.4. Strategic Outlook
      14.4.10. COMPANY 10
         14.4.10.1. Overview
         14.4.10.2. Financials
         14.4.10.3. Developments
         14.4.10.4. Strategic Outlook
      14.4.11. COMPANY 11
         14.4.11.1. Overview
         14.4.11.2. Financials
         14.4.11.3. Developments
         14.4.11.4. Strategic Outlook
      14.4.12. COMPANY 12
         14.4.12.1. Overview
         14.4.12.2. Financials
         14.4.12.3. Developments
         14.4.12.4. Strategic Outlook
      14.4.13. COMPANY 13
         14.4.13.1. Overview
         14.4.13.2. Financials
         14.4.13.3. Developments
         14.4.13.4. Strategic Outlook
      14.4.14. COMPANY 14
         14.4.14.1. Overview
         14.4.14.2. Financials
         14.4.14.3. Developments
         14.4.14.4. Strategic Outlook
      14.4.15. COMPANY 15
         14.4.15.1. Overview
         14.4.15.2. Financials
         14.4.15.3. Developments
         14.4.15.4. Strategic Outlook
      14.4.16. COMPANY 16
         14.4.16.1. Overview
         14.4.16.2. Financials
         14.4.16.3. Developments
         14.4.16.4. Strategic Outlook
      14.4.17. COMPANY 17
         14.4.17.1. Overview
         14.4.17.2. Financials
         14.4.17.3. Developments
         14.4.17.4. Strategic Outlook
      14.4.18. COMPANY 18
         14.4.18.1. Overview
         14.4.18.2. Financials
         14.4.18.3. Developments
         14.4.18.4. Strategic Outlook
      14.4.19. COMPANY 19
         14.4.19.1. Overview
         14.4.19.2. Financials
         14.4.19.3. Developments
         14.4.19.4. Strategic Outlook
      14.4.20. COMPANY 20
         14.4.20.1. Overview
         14.4.20.2. Financials
         14.4.20.3. Developments
         14.4.20.4. Strategic Outlook

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