DUBLIN--(BUSINESS WIRE)--The "Hybrid Electric Vehicle Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025" report has been added to ResearchAndMarkets.com's offering.
The global hybrid electric vehicle market is currently witnessing robust growth. Looking forward, the market is projected to register a CAGR of more than 45% during 2020-2025.
The increasing demand for fuel-efficient automobiles across the globe is one of the key factors driving the market. Furthermore, growing environmental consciousness among consumers is also providing a boost to the market growth. This has led to an increased emphasis on the development of innovative designs and advanced technologies to produce zero- and low-emission vehicles with soundless operations and high-performance engines.
Additionally, the implementation of favourable government initiatives promoting the adoption of electric vehicles (EVs) for sustainable development is also creating a positive outlook for the market. For instance, various incentives, including tax benefits, utility rate reductions, parking privileges and other rebates, are offered to consumers to enhance the adoption rates of HEVs. Apart from this, improvements in the EV charging infrastructure are leading to increased investments by power sector stakeholders in automobile utilities and charging hardware.
Other factors, including rapid urbanization, rising disposable incomes and extensive research and development (R&D) activities, are projected to drive the market in the upcoming years.
The competitive landscape of the industry has also been examined with some of the key players being Toyota Motor Corporation, Honda Motor Co. Ltd., Ford Motor Company, Volkswagen Aktiengesellschaft, General Motors Company, Hyundai Motor Company, Nissan Motor Corporation Ltd., etc.
Key Questions Answered
- How has the global hybrid electric vehicle market performed so far and how will it perform in the coming years?
- What are the key regional markets?
- What is the breakup of the market based on the propulsion type?
- What is the breakup of the market based on the configuration type?
- What is the breakup of the market based on the vehicle type?
- What is the breakup of the market based on the power source?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global hybrid electric vehicle market and who are the key players?
- What is the degree of competition in the industry?
Key Topics Covered
2 Scope and Methodology
3 Executive Summary
4.2 Key Industry Trends
5 Global Hybrid Electric Vehicle Market
5.1 Market Overview
5.2 Market Performance
5.3 Market Forecast
6 Market Breakup by Propulsion Type
6.1 Full Hybrids
6.2 Mild Hybrids
6.3 Plug-in Hybrids
7 Market Breakup by Configuration Type
7.1 Series HEV
7.2 Parallel HEV
7.3 Combination HEV
8 Market Breakup by Vehicle Type
8.1 Passenger Cars
8.2 Commercial Vehicles
9 Market Breakup by Power Source
9.1 Stored Electricity
9.2 On Board Electric Generator
10 Market Breakup by Region
10.1 North America
10.2 Asia Pacific
10.4 Latin America
10.5 Middle East and Africa
11 SWOT Analysis
12 Value Chain Analysis
13 Porters Five Forces Analysis
13.2 Bargaining Power of Buyers
13.3 Bargaining Power of Suppliers
13.4 Degree of Competition
13.5 Threat of New Entrants
13.6 Threat of Substitutes
14 Price Indicators
15 Competitive Landscape
15.1 Market Structure
15.2 Key Players
15.3 Profiles of Key Players
- Toyota Motor Corporation
- Honda Motor Co. Ltd.
- Ford Motor Company
- Volkswagen Aktiengesellschaft
- General Motors Company
- Hyundai Motor Company
- Nissan Motor Corporation Ltd.
For more information about this report visit https://www.researchandmarkets.com/r/xjjk8i