openPR Logo
Press release

Canada Hybrid & Electric Vehicles Market: Innovation to Trigger Adoption of Hybrid & EVs in Near Future

04-06-2018 02:36 PM CET | Industry, Real Estate & Construction

Press release from: Market Research Hub

Market Research Hub

Market Research Hub

According to a new market research report recently incorporated into the repository of Market Research Hub (MRH), Canada's hybrid and electric vehicles industry holds positive growth prospects for the next few years. The report titled "Hybrid and Electric Vehicles-Canada-March 2018" indicates that though the hybrid and electric vehicles market in Canada is relatively small in terms of size (revenue), it is one of the fastest growing markets across the globe. The trajectory of hybrid and electric vehicle sales across Canadian market has only been upward and faster since the past decade.

Request For Sample Report- https://www.marketresearchhub.com/enquiry.php?type=S&repid=1669915

The past several years have been observing strong growth of the hybrid and electric vehicles market in Canada. As far as the consumer attitude and other key factors are considered, the market is likely to have a positive overall outlook in terms of growth, for upcoming years. The key factors shaping the performance of hybrid and electric vehicles industry in Canada include cost-effective pricing, fuel economy, and probably the most importantly, favorable government incentives. However, there are certain loopholes which may pose a challenge to the growing market i.e. variety in models, range of vehicles, and curtailing MSRP. As a result, although consumers are expected to readily respond to brands that deliver strong value and long range, it is most likely that leading automakers will have to address the aforementioned challenges first in order to reach the exact target consumer base.

Canadians' average daily commute equals not more than 25 km with over 90% of the Canadian population commuting less than 45 km on a daily basis. This daily commute distance is well within the range of a typical hybrid and electric vehicle; however, a considerable number of drivers still tend to often prefer conventional cars over EVs as the latter may run out of energy on occasional long-distance tours beyond the regular commute distance. According to research, there is a wise scope of innovation here in order to create a cluster of opportunities within Canada's market, low/zero emission vehicles is only one of them. Introduction of new hybrid and electric vehicle models is now the agenda of key automakers spearheading the marketplace.

Browse Full Report with TOC- https://www.marketresearchhub.com/report/hybrid-and-electric-vehicles-canada-march-2018-report.html

The report provides market overview, definition, and executive summary in the first part. This section provides valuable information about market size in terms of volume and value, and forecast. The next section of the report highlights and analyzes the key factors impacting the performance of the hybrid and electric vehicles market in Canada, including market growth drivers, challenges, upcoming opportunities, and recently noted trends in the industry. The report then focuses on the analysis of advertising and marketing strategies of the leading companies in global as well as Canadian marketplace. The next part of the report talks about consumer behavior, attitude towards EVs and hybrid cars, purchasing decisions, ownership, consideration, and all the factors associated with these aspects. The report also offers helpful information on the attributes associated with vehicle type. The final section of the report throws light on leading companies in Canadian EV and hybrid vehicles industry, a few of which are BMW, Nissan, Tesla, Chevrolet, and Toyota.

To know more interesting research findings, feel free to contact us for full or custom report.

Enquire about this Report- https://www.marketresearchhub.com/enquiry.php?type=enquiry&repid=1669915

About Market Research Hub:

Market Research Hub (MRH) is a next-generation reseller of research reports and analysis. MRH’s expansive collection of market research reports has been carefully curated to help key personnel and decision makers across industry verticals to clearly visualize their operating environment and take strategic steps.

MRH functions as an integrated platform for the following products and services: Objective and sound market forecasts, qualitative and quantitative analysis, incisive insight into defining industry trends, and market share estimates. Our reputation lies in delivering value and world-class capabilities to our clients.

Contact Details:

90 State Street,
Albany, NY 12207,
United States
Toll Free : 800-998-4852 (US-Canada)
Email : press@marketresearchhub.com
Website : www.marketresearchhub.com/
Read Industry News at - www.industrynewsanalysis.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 Canada Hybrid & Electric Vehicles Market: Innovation to Trigger Adoption of Hybrid & EVs in Near Future here

News-ID: 1006513 • Views:

More Releases from Market Research Hub

Acrylate Polymers Market Share, Industry Analysis & Forecast Report 2019-2025
Acrylate Polymers Market Share, Industry Analysis & Forecast Report 2019-2025
Market Research Hub (MRH) has actively uploaded a smart research report titled “Global Acrylate Polymers Market Professional Survey Report 2019”, to its broad online database. The primary motive of this study is to impart vital details associated to development of the Acrylate Polymers Market. The assessment includes brief knowledge about market size, Y-o-Y growth, market dynamics and competitive scenario expected to transform in the near future. Ever section of the
Abrasive Wheels & Discs Market Drivers, Segment by Regions and Growth Analysis, Leading Players : DEWALT, Shark,Benchmark Abrasives,Bosch,Hot Max Up to 2025
Abrasive Wheels & Discs Market Drivers, Segment by Regions and Growth Analysis, …
Market Research Hub (MRH) has recently uploaded a new study titled “Global Abrasive Wheels & Discs Market Professional Survey Report 2019” to its broad online storehouse. The global Abrasive Wheels & Discs Market conveniently covers prime factors motivating development and steering industry trends and demand scenarios. Readers can easily quantify market opportunities with the availability of information such as market sizing and market forecasting, thereby being able to analyze the
Oral Dosing Cups Market Analysis By Application 2025 | Top Players- Comar, Inc, Stiplastics S.A.S, Argo S.A, Gramb GmbH Kunststoffverarbeitung, Origin Pharma Packaging, Eastman Chemical Company, Yuyao Liantong Plastic & Mould Co., Ltd
Oral Dosing Cups Market Analysis By Application 2025 | Top Players- Comar, Inc, …
Market Research Hub (MRH) has actively uploaded a smart research report titled “Global Oral Dosing Cups Market Insights, Forecast to 2025”, to its broad online database. The primary motive of this study is to impart vital details associated to development of the Oral Dosing Cups market. The assessment includes brief knowledge about market size, Y-o-Y growth, market dynamics and competitive scenario expected to transform in the near future. Ever section
Opthalmic Lenses Market 2019-2025|Major Players- ZEISS, HOYA, SHIMIZU, Rodenstock, MingYue, Conant, Wanxin, CHEMI, Nikon
Opthalmic Lenses Market 2019-2025|Major Players- ZEISS, HOYA, SHIMIZU, Rodenstoc …
Market Research Hub (MRH) has actively uploaded a smart research report titled “Global Opthalmic Lenses Market Insights, Forecast to 2025”, to its broad online database. The primary motive of this study is to impart vital details associated to development of the Opthalmic Lenses market*. The assessment includes brief knowledge about market size, Y-o-Y growth, market dynamics and competitive scenario expected to transform in the near future. Ever section of the

All 5 Releases


More Releases for Canada

Canada Financial Guarantee Market Key Players: Scotiabank, Toronto Dominion, Ban …
Canada Financial Guarantee Market The Canada financial guarantee market was valued at $1.32 billion in 2020, and is projected to reach $2.19 billion by 2028, growing at a CAGR of 7.3% from 2021 to 2028. With an unprecedented COVID-19 pandemic situation, the country has experienced uncertainty & protectionism in trade sector. Moreover, to curb the spread of virus, several provincial governments has imposed lockdown, which has financially affected businesses and therefore,
ReIgnite Canada - Where to Buy Legit ReIgnite Supplements in Canada?
ReIgnite Canada - ReIgnite supplement is an inventive weight loss pill that addresses the underlying driver of weight gain. Every human cell comprises energy converter organelles called mitochondria. The essential capacity of these organelles is to change over glucose into ATP. The mitochondria make sure your body can burn fat, and assures that your body stays fit as a fiddle. ReIgnite weight loss capsules improve mitochondrial work and enhance weight
MetaboFix Canada - Où acheter des suppléments MetaboFix légitimes au Canada?
Supplément métabolique MetaboFix Canada - MetaboFix est un puissant supplément de superaliments qui réduit les fringales et vous aide à perdre une quantité importante de poids au Canada. Cette formule prétend avoir transformé la façon dont les gens pensent à la perte de poids. C'est un mélange bien équilibré de nutriments stimulant le métabolisme qui cible l'un des aspects les plus difficiles de la perte de poids : les fringales
06-07-2021 | Health & Medicine
Niccori
Glucofort Canada-Why Canada Media Buzzing About Glucofort
Glucofort Canada-Why Canada Media Buzzing About Glucofort: In general, Glucofort is a blood sugar supportive formula that uses ingredients that are rich in anti-hyperglycemic and antioxidant properties. This is done so that foreign invaders such as ceramide are removed from the body and the blood sugar levels are corrected. Although many of these ingredients are scientifically supported, it appears that many of them are selected based on traditional practices. In
Canada Agriculture Market | Canada Agriculture Industry | Canada Agriculture Mar …
Canada Agriculture is one in all the most important agricultural producers and exporters within the world. Like Alternative developed nations, the proportion of the population and GDP dedicated to agriculture fell dramatically over the 20th century however it remains an crucial part of the Canadian economy. A big differ of agriculture is practiced in Canada, from extensive wheat fields of the grasslands to summer production of the Okanagan valley. Major
Canada Consultants
Canada is one of the most popular immigration destinations worldwide with 250,000 new immigrants arriving every year. It has been ranked no. 1 country based on various international measures. Free medical facility and healthcare, compulsory primary and secondary education, massive employment opportunities, safe and secure environment, high wages and natural landscapes make it one of the most favorable countries for immigration aspirants. There are various ways and programs to migrate