Hybrid and Electric Vehicles Market, Global Outlook and Forecast 2023-2029

HEVs represent the transformation of the global automotive industry. HEVs are an amalgamation of ICE vehicles and electric vehicles (EVs).

This report aims to provide a comprehensive presentation of the global market for Hybrid and Electric Vehicles, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Hybrid and Electric Vehicles. This report contains market size and forecasts of Hybrid and Electric Vehicles in global, including the following market information:

Global Hybrid and Electric Vehicles Market Revenue, 2018-2023, 2024-2029, ($ millions)

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Global Hybrid and Electric Vehicles Market Sales, 2018-2023, 2024-2029, (K Units)

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Global top five Hybrid and Electric Vehicles companies in 2022 (%)

The global Hybrid and Electric Vehicles market was valued at US$ 225270 million in 2022 and is projected to reach US$ 984130 million by 2029, at a CAGR of 23.4% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

Western Europe was the first region of the world to adopt micro/mild hybrid vehicles on a mass scale.

We surveyed the Hybrid and Electric Vehicles manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Hybrid and Electric Vehicles Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K Units)

Global Hybrid and Electric Vehicles Market Segment Percentages, by Type, 2022 (%)

Hybrid Electric Vehicles

Pure Electric Vehicles

Global Hybrid and Electric Vehicles Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K Units)

Global Hybrid and Electric Vehicles Market Segment Percentages, by Application, 2022 (%)

Light Vehicles

Medium- and Heavy-Duty Vehicles

Global Hybrid and Electric Vehicles Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K Units)

Global Hybrid and Electric Vehicles Market Segment Percentages, By Region and Country, 2022 (%)

North America

US

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Russia

Nordic Countries

Benelux

Rest of Europe

Asia

China

Japan

South Korea

Southeast Asia

India

Rest of Asia

South America

Brazil

Argentina

Rest of South America

Middle East & Africa

Turkey

Israel

Saudi Arabia

UAE

Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies Hybrid and Electric Vehicles revenues in global market, 2018-2023 (Estimated), ($ millions)

Key companies Hybrid and Electric Vehicles revenues share in global market, 2022 (%)

Key companies Hybrid and Electric Vehicles sales in global market, 2018-2023 (Estimated), (K Units)

Key companies Hybrid and Electric Vehicles sales share in global market, 2022 (%)

Further, the report presents profiles of competitors in the market, key players include:

BAIC

BMW

BYD

Ford

Geely

Honda

Hyundai-Kia

Tesla

Toyota

Outline of Major Chapters:

Chapter 1: Introduces the definition of Hybrid and Electric Vehicles, market overview.

Chapter 2: Global Hybrid and Electric Vehicles market size in revenue and volume.

Chapter 3: Detailed analysis of Hybrid and Electric Vehicles manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.

Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 6: Sales of Hybrid and Electric Vehicles in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.

Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.

Chapter 8: Global Hybrid and Electric Vehicles capacity by region & country.

Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 11: The main points and conclusions of the report.


Table of content

1 Introduction to Research & Analysis Reports
1.1 Hybrid and Electric Vehicles Market Definition
1.2 Market Segments
1.2.1 Market by Type
1.2.2 Market by Application
1.3 Global Hybrid and Electric Vehicles Market Overview
1.4 Features & Benefits of This Report
1.5 Methodology & Sources of Information
1.5.1 Research Methodology
1.5.2 Research Process
1.5.3 Base Year
1.5.4 Report Assumptions & Caveats
2 Global Hybrid and Electric Vehicles Overall Market Size
2.1 Global Hybrid and Electric Vehicles Market Size: 2022 VS 2029
2.2 Global Hybrid and Electric Vehicles Revenue, Prospects & Forecasts: 2018-2029
2.3 Global Hybrid and Electric Vehicles Sales: 2018-2029
3 Company Landscape
3.1 Top Hybrid and Electric Vehicles Players in Global Market
3.2 Top Global Hybrid and Electric Vehicles Companies Ranked by Revenue
3.3 Global Hybrid and Electric Vehicles Revenue by Companies
3.4 Global Hybrid and Electric Vehicles Sales by Companies
3.5 Global Hybrid and Electric Vehicles Price by Manufacturer (2018-2023)
3.6 Top 3 and Top 5 Hybrid and Electric Vehicles Companies in Global Market, by Revenue in 2022
3.7 Global Manufacturers Hybrid and Electric Vehicles Product Type
3.8 Tier 1, Tier 2 and Tier 3 Hybrid and Electric Vehicles Players in Global Market
3.8.1 List of Global Tier 1 Hybrid and Electric Vehicles Companies
3.8.2 List of Glob

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