Press release
Hybrid Vehicle Market Growth status to 2026 including leading segments and key players Toyota, Ford, Volvo, Continental, ZF, Daimler, Hyundai, Honda, Schaefler, Borgwarner, Delphi Technologies
Raising discharge Norms, Growing eco-friendly initiatives pertaining to fuel emissions, Optimum Fuel ratio and uninterrupted reduction in battery price. However, increasing vehicle costs and growing demand for BEVs and FCEVs are inhibiting the market growth. Hybrid vehicle is used as diesel-electric or turbo-electric to power railway locomotives, buses, heavy goods vehicles, mobile hydraulic machinery, and ships and mechanical braking energy is regenerated.
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Some of the key players are Toyota, Ford, Volvo, Continental, ZF, Daimler, Hyundai, Honda, Schaefler, Borgwarner, Delphi Technologies, and Allison Transmission.
On the basis of Powertrain, Parallel hybrid is one of the fastest growing markets in the Hybrid Vehicle Market due to its less complex system and high performance. It is also suitable for long distance travel. Also, the energy conversion losses are minimized in a parallel hybrid as the engine and battery are connected to the motor directly. The regenerative braking system is the most commonly used technology in hybrid vehicles. The use of the regenerative braking system and the lesser cost of micro and mild hybrids compared to PHEVs will boost the demand for parallel hybrids.
By Geography, Asia Pacific is the highest market due to the huge sales volume in Japan and China. Countries are focusing on deploying a large fleet of low-emission vehicles. It is the home for major players in the Hybrid Vehicle Market such as Toyota, Honda, Nissan, Kia, BYD, Hyundai, and others.
Components Covered:
-Electric Motor
-DC Converter
-AC Converter
-Battery
-Transmission
Technologies Covered:
-Micro Hybrid
-Mild Hybrids
-48 V Li-Ion Battery of Mild Hybrid
-Full Hybrids
-Plug-In Hybrids
Electric Powertrains Covered:
-Series Hybrid
-Parallel Hybrid
Vehicles Covered:
-Two Wheeler
-Passenger Car
-Commercial Vehicle
Propulsions Covered:
-Natural gas vehicles (NGV)
-Hybrid electric vehicle (HEV)
-Plug in Hybrid Electric Vehicles (PHEV)
The report provides important information and detailed studies about the industry with economic impacts and regulatory and market support. Thus the reportโs conclusion reveals overall growth prospect of the market along with impact analysis.
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Table of Contents
1 Executive Summary
2 Preface
3 Market Trend Analysis
4 Porters Five Force Analysis
5 Global Hybrid Vehicle Market, By Component
6 Global Hybrid Vehicle Market, By Technology
7 Global Hybrid Vehicle Market, By Electric Powertrain
8 Global Hybrid Vehicle Market, By Vehicle
9 Global Hybrid Vehicle Market, By Propulsion
10 Global Hybrid Vehicle Market, By Geography
11 Key Developments
12 Company Profiling
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