DUBLIN--(BUSINESS WIRE)--The "Hybrid Vehicle Market by Electric Powertrain (Parallel, Series), Degree of Hybridization (Full, Micro & Mild), Propulsion (HEV, PHEV & NGV), Vehicle Type (PC, CV), Component (Battery, Electric Motor & Transmission) & Region - Global Forecast to 2025" report has been added to ResearchAndMarkets.com's offering.
The Hybrid Vehicle Market is Estimated to Be 4,169 Thousand Units in 2018 and is Projected to Grow at a CAGR Of 8.94% During 2018–2025, to Reach a Market Size of 7,593 Thousand Units by 2025.
The hybrid vehicle market has been segmented by electric powertrain type (parallel and series), component (battery, electric motor and transmission), propulsion (HEV, PHEV, and NGV), degree of hybridization (full hybrid, micro hybrid and mild hybrid), vehicle type (passenger car and commercial vehicle), and region (Asia Pacific, Europe, North America, and Rest of the World). The market has been projected in terms of volume (units).
Though the passenger car market is estimated to be the largest in the hybrid vehicle market, commercial vehicle market is estimated to be the fastest-growing market. The developments in terms of reducing emissions are also being seen in the commercial vehicle segment. OEMs such as Volvo, Scania, Daimler, and others are focusing on developing hybrid commercial vehicles to cope with the stringent emission norms.
Also, a significant rise in freight sector has boosted the demand for commercial long haulage trucks. OEMs are developing hybrid trucks with benefits such as low emission and high fuel efficiency. This would enable high growth in the freight sector which relatively will increase the demand for hybrid commercial vehicles.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Technology Overview
7 Hybrid Vehicle Market, By Electric Powertrain Type
8 Hybrid Vehicle Market, By Propulsion
9 Hybrid Vehicle Market, By Degree of Hybridization
10 Hybrid Vehicle Market, By Component Type
11 Hybrid Vehicle Market, By Vehicle Type
12 Hybrid Vehicle Market, By Region
13 Competitive Landscape
14 Company Profiles
- Allison Transmission
- American Axle & Manufacturing
- Delphi Technologies
- General Motors
- LG Chemical
- Magna International
- Mitsubishi Electric
For more information about this report visit https://www.researchandmarkets.com/research/n6hkzw/hybrid_vehicle?w=4