Hybrid Drivetrain Market Worldwide Industry Analysis, Future Demand and Forecast till 2028

The global hybrid drivetrain market is anticipated to grow at a considerable CAGR of 26.5% during the forecast period. The advancement in technology is expected to fuel the global hybrid drivetrain market. Due to advanced technology in EVs there are several plug-in hybrid and battery EV options available in the market and various companies are launching new products. For instance, in September 2021, Dacia launched first hybrid with jogger compact crossover using Renault's E-tech system. Dacia revealed that the drivetrain in hybrid version will produce 140 hp in the Clio and it will be affordable seven seater hybrid in the market. The Renault's e-tech system provides 80 percent of urban driving in electric-only made and save 40 percent of fuel compared to gasoline drivetrain.

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Further, in November 2021, Punch Powertrain Launched its e-propulsion technology kit, which offered automobile producers wide range of e-drive configuration options. The features in the e-propulsion technology kit are the result of growing need for sustainable powertrain technology. Due to sustainability, the global demand for EV and hybrid vehicle is expected to increase during the forecast period as a result of which various companies are focusing on launching innovative and advanced vehicles to remain competitive in the market.

Market Coverage

• The market number available for - 2021-2028

• Base year- 2021

• Forecast period- 2022-2028

Segment Covered-

· By Type

· By Component

· By Degree of Hybridization

Regions Covered-

· North America

· Europe

· Asia-Pacific

· Rest of the World

Competitive Landscape- Autovia Ltd., BAE Systems, BorgWarner Inc., ContiTech AG, Ford Motor Co., Honda Motor Co., Ltd., Jaguar Land Rover Automotive Plc, Toyota Motor Corp., Vantage Power Ltd., ZF Friedrichshafen AG, and others.

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Hybrid Drivetrain Market Report by Segment

By Type

• Series Drivetrains

• Parallel Drivetrains

• Series-parallel Drivetrains

By Component

• Electric Motor

• Power Electronics

• Controller

• Inverter/Converter

• Battery Pack

By Degree of Hybridization

• Mild HEV

• Full HEV

• PHEV

Hybrid Drivetrain Market Report by Region

North America

· United States

· Canada

Europe

· UK

· Germany

· Spain

· France

· Italy

· Rest of Europe

Asia-Pacific

· India

· China

· Japan

· South Korea

· Rest of APAC

Rest of the World

· Latin America

· Middle East & Africa

Company Profiles

· Allison Transmission, Inc.

· Autovia Ltd.

· BAE Systems

· BorgWarner Inc.

· ContiTech AG

· Hofer Powertrain

· Honda Motor Co., Ltd.

· Jaguar Land Rover Automotive Plc

· Magna International Inc.

· Marelli Holdings Co., Ltd.

· Obrist Powertrain GmbH

· Texas Instruments Inc.

· Vantage Power Ltd.

· Voith GmbH & Co.

· ZF Friedrichshafen AG

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