The global market for hybrid electric vehicles is anticipated to showcase a stellar growth trajectory registering a CAGR of over 14% over the forecast period 2021-2031, according to Fact.MR. Gasoline hybrid vehicles are projected to surpass a value of over US$ 100 Million by 2031.
Fact.MR, in its latest business intelligence study, depicts the nuts and bolts of the global Hybrid Electric Vehicles market. The report presents detailed information regarding the drivers, restraints, opportunities and trends affecting market growth.
Each segment along with its sub-segment is analyzed in terms of value and volume. Further, the report elaborates the market behavior of each vendor operating in the Hybrid Electric Vehicles market.
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Key findings of the Hybrid Electric Vehicles market study:
- Regional breakdown of the Hybrid Electric Vehicles market based on predefined taxonomy.
- Innovative manufacturing processes implemented by Hybrid Electric Vehicles vendors in detail.
- Region-wise and country-wise fragmentation of the Hybrid Electric Vehicles market to grasp the revenue, and growth outlook in these areas.
- Changing preferences among consumers across various regions and countries.
- Factors (Positive and Negative) impacting the growth of the global Hybrid Electric Vehicles market.
Key Companies Profiled
- Delphi
- Continental AG
- BorgWarner
- ZF and Schaeffler
- Toyota Motor Corporation
- Ford Motor Company
- Volvo Cars
- Honda Motor Company
- Hyundai Motor Company
- Daimler AG
- Allison Transmission
- Nissan Motor Company Ltd.
Competitive Landscape
The global hybrid electric vehicles market is highly competitive in nature. Amid the growing competition in the hybrid electric vehicles market, leading players are focusing on strengthening their market position and gaining traction in the competitive global market.
- In April 2021, Ford Motor Company launched Mustang Mach-E SUV which has comfortably outfitted interior, seamless technology, and impressive range. This model is home to one truly iconic design paired with luxurious materials and standard driver-assist technologies like Ford Co-Pilot360™ 2.0.
- In July 2021, TotalEnergies signed a contract with Bolloré Group for the acquisition of ‘Blue Charge’. Upon the approval of the relevant authorities, TotalEnergies will manage and operate the largest electric vehicle charging network in Singapore, with more than 1,500 charge points installed in the city-state.
- This urban charging network represents around 85% of the charge points currently under operation in Singapore, access to electric vehicles owners as well as to the car sharing solution BlueSG.
Key Segments Covered
- By Power Source :
- Stored Electricity HEVs
- On-Board Electric Generator HEVs
- By Powertrain :
- Series
- Parallel
- Combined
- By Vehicle :
- Hybrid Electric Passenger Cars
- Commercial Hybrid Electric Vehicles
- Hybrid Electric Two Wheelers
- Other HEVs (Golf Cart, etc.)
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Queries addressed in the Hybrid Electric Vehicles market report:
- Why are the Hybrid Electric Vehicles market players targeting region for increased product sales?
- What patented technologies are the players utilizing in the global Hybrid Electric Vehicles market?
- Which regions are displaying the fastest growth in the Hybrid Electric Vehicles market?
- What are the underlying micro- macroeconomic factors affecting the global Hybrid Electric Vehicles market?
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