DUBLIN--(BUSINESS WIRE)--The "Global Micro-Hybrid Vehicles Market - Forecasts and Trends (2017 - 2022)" report has been added to Research and Markets' offering.
The market for micro-hybrid vehicles is expected to grow at a CAGR of 16% during the forecast period.
Micro-hybridization has become one of the cheapest and easiest solutions for fuel-efficient passenger cars. The premium to be paid for a micro-hybrid purchase when compared to a conventional diesel engine is also quite nominal for each vehicle. A micro-hybrid vehicle costs less to operate than a conventional car, as fuel expenditure is 5-15% less than a traditional ICE vehicle. The development of high-performance lithium-ion batteries is expected to help drive the micro-hybrid vehicle market significantly in the forecast period. These vehicles generally have small batteries and motors that do not require any technical modification or requirements for battery manufacturing other than what is required for hybrid and electric vehicles.
European countries are expected to dominate the global micro-hybrid market in terms of shipment of unit sales, with a share of 45% by the end of 2020. The concerns to protect the environment and reduce greenhouse gas emissions, especially carbon dioxide, will play a major role in driving the growth of the market. The fall in the prices of fuel has had an adverse impact on the choice of fuel efficient vehicles, thereby posing some challenge to the micro-hybrid vehicle market.
- Autonacional S.A
- Fuji Motor Corp
- Jaguar Land Rover
- Mahindra & Mahindra
- Shijiazhuang Shuanghuan Automobile Co
Key Topics Covered:
2. Research Methodology
3. Executive Summary
4. Key Inferences
5. Market Overview and Technology Trends
6. Automotive Micro-Hybrid Vehicle Market - By Capacity
7. Automotive Micro-Hybrid Vehicle Market - By Vehicle
8. Automotive Micro-Hybrid Vehicle Market - By Battery
9. Automotive Micro-Hybrid Vehicle Market - By Geography
10. Competitive Landscape
11. Key Vendor Analysis
12. Future Outlook of the Market
For more information about this report visit https://www.researchandmarkets.com/research/wldjwg/global