Report overview
A hybrid vehicle uses two or more distinct types of power, such as internal combustion engine to drive an electric generator that powers an electric motor.
This report contains market size and forecasts of Hybrid Vehicle in global, including the following market information:
Global Hybrid Vehicle Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Hybrid Vehicle Market Sales, 2017-2022, 2023-2028, (Units)
Global top five Hybrid Vehicle companies in 2021 (%)
The global Hybrid Vehicle market was valued at 31130 million in 2021 and is projected to reach US$ 130900 million by 2028, at a CAGR of 22.8% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Parallel Hybrid Vehicle Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Hybrid Vehicle include Volvo Group, Volkswagen Group, Toyota, Tata, Suzuki, Renault, PSA, Nissan and Hyundai, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the Hybrid Vehicle 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 Vehicle Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (Units)
Global Hybrid Vehicle Market Segment Percentages, by Type, 2021 (%)
Parallel Hybrid Vehicle
Series Hybrid Vehicle
Global Hybrid Vehicle Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (Units)
Global Hybrid Vehicle Market Segment Percentages, by Application, 2021 (%)
Transportation
Industrial
Military
Manufacture
Others
Global Hybrid Vehicle Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (Units)
Global Hybrid Vehicle Market Segment Percentages, By Region and Country, 2021 (%)
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 Vehicle revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Hybrid Vehicle revenues share in global market, 2021 (%)
Key companies Hybrid Vehicle sales in global market, 2017-2022 (Estimated), (Units)
Key companies Hybrid Vehicle sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Volvo Group
Volkswagen Group
Toyota
Tata
Suzuki
Renault
PSA
Nissan
Hyundai
Honda
General Motors
Ford
Daimler
Chrysler
BYD
