openPR Logo
Press release

Hybrid Cars Market - Global Industry Analysis, Size, Share, Trends, Analysis, Growth and Forecast 2014 - 2020

An increasing demand for alternative fuels has led to the growth of the hybrid car market, especially in the developing automobile hubs. Hybrid vehicles provide efficient fuel options when compared to conventional fuels such as petrol and diesel. The implementation of Kyoto Protocol is one of the motivating forces driving the adoption of vehicles running on alternative fuel sources. The increasing pace of adoption of vehicles running on alternative fuels has encouraged many major automobile companies to invest in developing new models for the hybrid car segment. Though there is a range of hybrid models available in the car market, Toyota Prius occupies the major market share in this market. Ford Fusion is another popular hybrid car model which is available in regions across the world. Currently, hybrid cars account for a small share of the overall automobile market, but the market for these cars is anticipated to increase in the future owing to their increasing efficiency.

Download Free exclusive Sample of this report::http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=250

Decreasing crude oil reserves and concerns regarding degradation of the environment are the major factors that have encouraged automobile companies to invest in the hybrid car market. With decreasing crude reserves the demand for economical transportation technologies has attracted investment in this market. The national governments of many major countries have encouraged adoption hybrid vehicles. Many national agencies have enforced rules and provide attractive concessions on purchasing hybrid cars. Stringent environmental regulations in the European Union nations have encouraged wide adoption of the hybrid vehicles in this region. The fluctuating crude oil prices are another major factor bolstering consumers to adopt hybrid vehicles. Less carbon deposits are produced in the engine while combustion which makes the engine more efficient than the conventional fuel engine. The replacement of expensive batteries is a major restraint for the growth of the hybrid cars market. Other economical fuel options such as CNG and LPG also act as restraint for the adoption of hybrid cars.

The market for hybrid cars can be segmented based on the topologies used while designing the car. Parallel hybrids, series hybrids, series/parallel hybrids, plug-in hybrids and dual mode hybrids are the major segments in this market. The most popular models are those which utilize battery power along with a gasoline engine in certain emergency conditions. Another segment is the plug-in vehicle segment that runs on electric power alone for a fixed distance. One new segment of hybrid vehicle is recently launched in the automobile market which focuses more on improving performance of the vehicle rather than providing fuel efficiency.

Currently, the developed economies are the major market for hybrid cars. North America is a major segment for the growth of the hybrid car segment in the future. Many vehicle companies have developed efficient models that attract consumers towards this automobile segment. The stringent environmental regulation in European countries and attractive government rebates has encouraged automobile companies to invest in this market. Sports car manufacturer, Ferrari has also developed a hybrid vehicle model to attract more consumers to invest in hybrid cars. Asia Pacific and Middle East are the prospective regions and are expected to provide substantial growth opportunities to hybrid car market.

Some of the major automobile companies involved in the hybrid car market are Toyota Motor Corporation, Honda Motor Corporation, Hyundai Motor Company, Chevrolet, Ford Motor Company and Nissan Motor Company.

About Us

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.

Contact

Mr.Sudip S
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Hybrid Cars Market - Global Industry Analysis, Size, Share, Trends, Analysis, Growth and Forecast 2014 - 2020 here

News-ID: 345908 • Views:

More Releases for Motor

SUV Market 2021 Precise Outlook- Honda Motor, Toyota Motor, Nissan Motor, Ford M …
The report presents an in-depth assessment of the SUV Market including enabling technologies, key trends, market drivers, challenges, standardization, regulatory landscape, deployment models, operator case studies, opportunities, future roadmap, value chain, ecosystem player profiles and strategies. The report also presents forecasts for SUV from 2021 till 2027. The report covers the pre COVID-19 historic data, impact of COVID-19 and post-COVID-19 (Corona Virus) impact on various regions and major countries and
Electric Vehicle Motor Market by Type (Alternate Current (AC) Motor (Synchronous …
Electric vehicle motor is an electromechanical device used to provide power to electric vehicles by converting electric energy into mechanical energy. This phenomenon is achieved by the interaction of electric motors magnetic field and current. Electric vehicle motor comprises bearings, end bracket, frame, cooling frame, rotor, and stator. The electric vehicle motor market is expected to witness lucrative growth during the forecast period due to increase in the number of
Passenger Vehicle Market Outlook to 2025 - Top Leading Players Toyota Motor, Vol …
Worldwide Passenger Vehicle Market Analysis to 2025 is a specialized and in-depth study of the Passenger Vehicle Industry with a focus on the global market trend. The report aims to provide an overview of global Passenger Vehicle Market with detailed market segmentation by product/application and geography. The global Passenger Vehicle Market is expected to witness high growth during the forecast period. The report provides key statistics on the Market status
Micro Motor Industry - Johnson Electric, Siemens, Mitsuba Corporation, Nidec Mot …
Global Micro Motor Market is set to rise from its initial estimated value of USD 28.13 billion in 2018 to an estimated value of USD 39.86 billion, registering a CAGR of 4.45% in the forecast period of 2019-2026. This projected rise in the value can be attributed to the increasing applications and demand from the various segments of the market. Get Sample Copy of this Report @ https://databridgemarketresearch.com/request-a-sample/?dbmr=global-micro-motor-market Key Market Competitors: Global
Electric Vehicle Motor Market by Type (Alternate Current (AC) Motor (Synchronous …
Electric vehicle motor is an electromechanical device used to provide power to electric vehicles by converting electric energy into mechanical energy. This phenomenon is achieved by the interaction of electric motors magnetic field and current. Electric vehicle motor comprises bearings, end bracket, frame, cooling frame, rotor, and stator. Access Full Report: https://www.alliedmarketresearch.com/electric-vehicle-motor-market The electric vehicle motor market is expected to witness lucrative growth during the forecast period due to increase in
Sports Utility Vehicle Market to 2025 – Suzuki Motor, PSA Group, FCA Group, Ho …
Sports utility Vehicles Market are the vehicles which appear as a station wagon designed for the off roads travelling which not only used for commercial purpose but for family purpose also providing high functionality with comfort and luxury and above built with enormous space too. One of the major driver for the growth of Sports Utility Vehicles market is the continual improvement in styling, comfort, outer body and systems in