Hybrid and Electric Vehicles Market 2021 Highlights Recent Trends, Market Growth, Business Opportunities till 2026

The Hybrid and Electric Vehicles Market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

The Hybrid and Electric Vehicle Market was valued at USD 252.06 billion in 2020 and is expected to reach a value of USD 1166.65 billion by 2026, registering a CAGR of 29.13% during the forecast period.

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Top Leading Companies of Global Hybrid and Electric Vehicles Market are - BAIC, BMW, BYD, Ford, Geely, Honda, Hyundai-Kia, Tesla, Toyota, and others.

Industry News and Updates:

Aug 19, 2021: Honda confirms City hybrid launch for mid 2022

Honda Cars India has confirmed that the City hybrid will see a market launch sometime in mid 2022. The model went on sale overseas earlier this year and is already on sale in Malaysia. We reported about the imminent India launch of the Honda City hybrid back in August 2020, and now the company has confirmed its plans to launch the model here.

Market Overview:

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.

On The Basis of Types:

Hybrid Electric Vehicles

Pure Electric Vehicles

On The Basis of End Users/Applications:

Light Vehicles

Medium- and Heavy-Duty Vehicles

Regional analysis:

China registered the highest growth rate in the market for hybrid and electric vehicles. During the forecast period, the country may also witness growth in the adoption of hybrid electric buses, as more than 30 Chinese cities have made plans to achieve 100% electrified public transit by 2020, including Guangzhou, Zhuhai, Dongguan, Foshan, and Zhongshan in the Pearl River Delta, along with Nanjing, Hangzhou, Shaanxi, and Shandong.

Influence of the Hybrid and Electric Vehicles market report:

-Comprehensive assessment of all opportunities and risk in the Hybrid and Electric Vehicles market.
-Hybrid and Electric Vehicles market recent innovations and major events.
-Detailed study of business strategies for growth of the Hybrid and Electric Vehicles market-leading players.
-Conclusive study about the growth plot of Hybrid and Electric Vehicles market for forthcoming years.
-In-depth understanding of Hybrid and Electric Vehicles market-particular drivers, constraints and major micro markets.
-Favourable impression inside vital technological and market latest trends striking the Hybrid and Electric Vehicles market.

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What Are the Market Factors That Are Explained in The Report?

Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.

Analytical Tools: The Global Hybrid and Electric Vehicles Market Report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.

Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.

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- Free Country Level analysis for any 5 countries of your choice.

- Free Competitive analysis of any 5 key market players.

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