Press release
Hybrid Electric Vehicle Market Size, Share, Analysis Report And Forecast 2022-2027
A hybrid electric vehicle (HEV) refers to an automobile that is powered by a combination of an ICE or internal combustion engine and an electric motor. It generally relies on energy stored in batteries for functioning and regenerative braking, which changes the kinetic energy produced into electric energy. The hybrid electric vehicle has less fuel consumption, carbon-based emissions, and maintenance costs than vehicles solely powered by an ICE. Consequently, it is gaining extensive traction as an environment-friendly alternative to conventional vehicles.
Request for a free sample copy of this report: https://www.imarcgroup.com/hybrid-electric-vehicle-market/requestsample
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Hybrid Electric Vehicle Market Trends and Drivers:
The rising air pollution levels, owing to exhaust emissions from automobiles, and the growing consumer environmental consciousness are among the key factors stimulating the hybrid electric vehicle market. Moreover, the inflating purchasing power of individuals and improving road networks are acting as significant growth-inducing factors. Besides this, government bodies across numerous countries are implementing stringent emission regulations as well as fuel economy norms and offering purchase grants, related incentives, tax rebates, utility rate reductions, etc., which is positively influencing the global market. Furthermore, the development of innovative vehicles with soundless operations, high-performance engines, improved fuel efficiency, etc., by several leading manufacturers and extensive R&D activities are also propelling the market growth. Besides this, the emerging trend of fuel-efficient and cost-effective commute options is further bolstering the global market. Additionally, continuous improvements in the EV charging infrastructures are leading to extensive investments by power sector stakeholders in automobile utilities and charging hardware, which is expected to fuel the hybrid electric vehicle market over the forecasted period.
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
Toyota Motor Corporation
Honda Motor Co. Ltd.
Ford Motor Company
Volkswagen Aktiengesellschaft
General Motors Company
Hyundai Motor Company
Nissan Motor Corporation Ltd.
Explore full report with table of contents: https://www.imarcgroup.com/hybrid-electric-vehicle-market
The report has segmented the market on the basis of Product Type, End-User and Region.
Breakup by Propulsion Type:
Full Hybrids
Mild Hybrids
Plug-in Hybrids
Others
Breakup by Configuration Type:
Series HEV
Parallel HEV
Combination HEV
Breakup by Vehicle Type:
Passenger Cars
Commercial Vehicles
Two Wheelers
Others
Breakup by Power Source:
Stored Electricity
On Board Electric Generator
Market Breakup by Region:
North America (United States, Canada)
Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
Latin America (Brazil, Mexico, Others)
Middle East and Africa
Note: We are updating our reports, if you want the report with the latest primary and secondary data (2023-2028) including industry trends, market size and competitive landscape, etc. click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours.
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
Other Trending Reports By IMARC Group
Asia Pacific E-bike Market: https://www.imarcgroup.com/asia-pacific-e-bike-market
Electric Boat And Ship Market: https://www.imarcgroup.com/electric-boat-ship-market
Autonomous Bus Door System Market: https://www.imarcgroup.com/autonomous-bus-door-system-market
Rear Spoiler Market: https://www.imarcgroup.com/rear-spoiler-market
Automotive Infotainment Market: https://www.imarcgroup.com/automotive-infotainment-market
Agricultural Tires Market: https://www.imarcgroup.com/agricultural-tires-market
Automotive Wiring Harness Market: https://www.imarcgroup.com/automotive-wiring-harness-market
Electric Two-wheeler Market: https://www.imarcgroup.com/electric-two-wheeler-market
Autonomous Vehicle Market: https://www.imarcgroup.com/autonomous-vehicle-market
Contact US
IMARC Group
30 N Gould St Ste R
Sheridan, WY 82801 USA - Wyoming
Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
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 Electric Vehicle Market Size, Share, Analysis Report And Forecast 2022-2027 here
News-ID: 2862550 • Views: …
More Releases from IMARC Group
Supercapacitor Market Size to Reach $31.07B by 2033: Trends & Opportunities
Market Overview:
The supercapacitor market is experiencing rapid growth, driven by electrification of automotive systems, renewable energy and grid stabilization, and expansion of industrial automation and robotics. According to IMARC Group's latest research publication, "Supercapacitor Market Size, Share, Trends and Forecast by Product Type, Module Type, Material Type, End Use Industry, and Region, 2025-2033", the global supercapacitor market size was valued at USD 6.41 Billion in 2024. Looking forward, IMARC Group…
Bicycle Market Size to Surpass $102.05B by 2033: Growth & Insights
Market Overview:
The bicycle market is experiencing rapid growth, driven by global expansion of cycling infrastructure, rising health consciousness and preventative wellness, and technological advancements in e-bike propulsion. According to IMARC Group's latest research publication, "Bicycle Market Size, Share, Trends and Forecast by Type, Technology, Price, Distribution Channel, End User, and Region, 2025-2033", The global bicycle market size was valued at USD 67.42 Billion in 2024. Looking forward, IMARC Group estimates…
Baby Food and Infant Formula Market to Reach USD 84.06 Billion by 2033, Growing …
Market Overview:
The Baby Food and Infant Formula Market is experiencing steady expansion, driven by Increasing Awareness of Nutritional Needs for Infants, Rising Number of Working Women, and Technological Advancements and Product Innovation. According to IMARC Group's latest research publication, "Baby Food and Infant Formula Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2025-2033", The global baby food and infant formula market size reached USD 53.73 Billion in 2024.…
Breakfast Cereals Market to Reach USD 149.07 Billion by 2033, Growing at a CAGR …
Market Overview:
The Breakfast Cereals Market is experiencing rapid growth, driven by Health and Wellness Awareness, Busy Lifestyles and On-the-Go Demand and Rising Disposable Incomes and Global Market Expansion . According to IMARC Group's latest research publication, "Breakfast Cereals Market : Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2025-2033", The global breakfast cereals market size was valued at USD 108.89 Billion in 2024. Looking forward, IMARC Group estimates…
More Releases for Market:
Sorbitol Market Forecast, Sorbitol Market Analysis, Sorbitol Market Growth, Sorb …
The Sorbitol Market has been fragmented based on the productivity of several companies; therefore, each segment and its sub-segments are analyzed in the research report. Furthermore, the report offers 360 views on historical and upcoming growth based on volume, value, production, and consumption. Moreover, it classifies depend on sub-segments, key segments as per the significant regions and offers an in-depth analysis on the competitive edge of the market. This report…
Esterquats Market, Esterquats Market Size, Esterquats Market Share, Esterquats M …
The "Esterquats Market" is a dynamic and rapidly evolving sector, with significant advancements and growth anticipated by 2031. Comprehensive market research reveals a detailed analysis of market size, share, and trends, providing valuable insights into its expansion.
This report delves into segmentation and definition, offering a clear understanding of market components and drivers. Employing SWOT and PESTEL analyses, the study evaluates the market's strengths, weaknesses, opportunities, and threats, alongside political,…
Syringe and Needle Market Size, Market Share, Market Trends, Market Analysis, Ma …
Market Overview:
The global syringe and needle market is a critical component of the healthcare industry, serving as indispensable tools for administering medications, vaccines, and drawing blood samples. This market is characterized by a diverse range of products catering to various medical needs, including disposable syringes, safety syringes, insulin syringes, hypodermic needles, and more. This article provides an in-depth analysis of the syringe and needle market, focusing on its market overview,…
India Tractor Market, Tractor Industry, Market Revenue, Market Growth Analysis, …
How Is India Tractor Market Positioned?
In India two-third population is engaged in Agriculture. Tractors form an essential part of this sector. They bring the required efficiency and productivity country needs in its agricultural activity to compete on the international level. The Indian tractor Industry has made preponderant improvement in production capacity and in terms of production volumes. The industry has been successful in indigenization of the technology. The volume growth…
Global Optical Interconnects Market, Market Size, Market Shares, Market Growth A …
In integrated circuits, optical interconnects majorly refers to a system of transmitting signals from one fragment of an integrated circuit to another part which is using light. Optical interconnects have been in high demand due to the high latency and power consumption incurred by conventional metal interconnects in conveying electrical signals over long distances, such as in interconnects classed as global interconnects.
The International Technology Roadmap for Semiconductors (ITRS) has emphasized…
Global Cash Registers Market, Market Growth Analysis, Market Revenue, Market Out …
A cash register or automatic money handling system is a motorized or electric device for registration and calculating dealings at a point of sale. It is typically devoted to a drawer for storage cash and additional valuables. A modern cash register is generally attached to a printer which can print out incomes for record-keeping determinations. The electronics cash register delivers numerous features likes mall price and informal admittance. The rising acceptance of electronic cash register by…
