openPR Logo
Press release

Global Plug In Hybrid Electric Vehicles Market Revenues to Exceed US$ 20,000 Mn Revenues by 2022-end

Global Plug In Hybrid Electric Vehicles Market Revenues

Persistence Market Research (PMR), in its latest published report, has projected a staggering 13.4% CAGR for the global plug-in hybrid electric vehicles (PHEVs) market throughout the forecast period (2017-2022). Global sales of PHEVs are expected to account for over US$ 20,000 Mn revenues by 2022-end.

Browse Report Overview https://www.persistencemarketresearch.com/market-research/plug-in-hybrid-electric-vehicles-market.asp

With the potential to lower greenhouse gas emissions, plug-in hybrid electric vehicles have longer driving ranges without being restrained by battery capacity limits, and provide higher fuel-efficiency. Greening up the grid & utilising exiting electricity infrastructure is gaining popularity as a new trend among PHEV manufacturers, rather than constructing an entirely new vehicle refuelling infrastructure in order to accommodate green liquid fuels for transportation purposes.

Although APEJ is anticipated to remain the most lucrative market for PHEVs, the market in Europe is projected to register the highest CAGR through 2022. In addition, North America is expected to be the second-largest market for plug-in hybrid electric vehicles by 2022-end.

Stored electricity will continue to be preferred power source for PHEVs across the globe, with sales estimated to account for nearly US$ 16,000 Mn revenues by 2022-end. On-board electric generator will remain a relatively less attractive power source for PHEVs among customers.

Parallel hybrid powertrain for PHEVs are expected to remain sought-after in the market, with revenues projected to account for approximately three-fourth share of the market during 2017 to 2022.

Request Sample Report@ https://www.persistencemarketresearch.com/samples/18595

On the basis of vehicle type, passenger cars segment of PHEVs are expected to remain the most lucrative in the global market, with sales projected to exhibit the fastest expansion through 2022. Commercial vehicles are expected to be the second most lucrative vehicle type of PHEVs in the market by 2022-end.

Key players profiled in PMR’s report on global plug-in hybrid electric vehicles market include Toyota Motor Corporation, Mitsubishi Heavy Industries Ltd., Bayerische Motoren Werke AG, Daimler AG, Ford Motor Company, General Motors, Honda Motor Company, Limited, Volkswagen AG, Nissan Motor Corporation, Limited, and Renault SA.

Buy Full Report@ https://www.persistencemarketresearch.com/checkout/18595

About Us 
Persistence Market Research (PMR) is a U.S.-based full-service market intelligence firm specializing in syndicated research, custom research, and consulting services. PMR boasts market research expertise across the Healthcare, Chemicals and Materials, Technology and Media, Energy and Mining, Food and Beverages, Semiconductor and Electronics, Consumer Goods, and Shipping and Transportation industries. The company draws from its multi-disciplinary capabilities and high-pedigree team of analysts to share data that precisely corresponds to clients’ business needs.
 PMR stands committed to bringing more accuracy and speed to clients’ business decisions. From ready-to-purchase market research reports to customized research solutions, PMR’s engagement models are highly flexible without compromising on its deep-seated research values.

Contact
Persistence Market Research Pvt. Ltd
305 Broadway
7th Floor, New York City,
NY 10007, United States,
USA – Canada Toll Free: 800-961-0353
Email: sales@persistencemarketresearch.com
media@persistencemarketresearch.com
Web:www.persistencemarketresearch.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 Global Plug In Hybrid Electric Vehicles Market Revenues to Exceed US$ 20,000 Mn Revenues by 2022-end here

News-ID: 797891 • Views:

More Releases from Persistence Market Research

Frozen Foods Market Heats Up with Innovation and Growing Consumer Demand
Frozen Foods Market Heats Up with Innovation and Growing Consumer Demand
Market Overview: The frozen foods market consists of a wide range of products, including frozen fruits and vegetables, meat and seafood, ready-to-eat meals, and desserts. These products are preserved through freezing to maintain freshness and quality for an extended period. Market Size and Growth: The global market for frozen foods is forecasted to be of valuation US$ 281.0 Billion in the year 2022 which is expanding at a value CAGR of 5.1% and
The Global Graphene Market's Striking Growth and Innovative Applications
The Global Graphene Market's Striking Growth and Innovative Applications
Introduction Graphene, a single layer of carbon atoms arranged in a hexagonal lattice, has gained global recognition for its extraordinary properties, such as exceptional electrical and thermal conductivity, mechanical strength, and flexibility. Since its isolation in 2004 by Andre Geim and Konstantin Novoselov, graphene has sparked considerable interest in both scientific and industrial communities. This report explores the current state of the graphene market and its potential growth opportunities. Get Access To
Business Opportunities in Cyber Security Mesh Market : Top Countries Data Analysis, Emerging Trends with Upcoming Developments
Business Opportunities in Cyber Security Mesh Market : Top Countries Data Analys …
Market Overview: The projected global market size for cyber security mesh is expected to reach $8.8 billion by the year 2033, with an estimated valuation of $1.2 billion by 2023. This market is poised to experience a compound annual growth rate (CAGR) of 21.7% from 2023 to 2033. The global Cyber Security Mesh market is poised for significant growth as organizations worldwide grapple with the escalating threat landscape. Cybersecurity has become an
Synthetic Beta-Carotene Market To Boost Incredible Growth: 2033, Share Valuation and Industry Size
Synthetic Beta-Carotene Market To Boost Incredible Growth: 2033, Share Valuation …
Key market trends included a shift towards natural and plant-based ingredients, as consumers sought cleaner labels and healthier options. This drove the demand for naturally sourced beta-carotene, but synthetic beta-carotene still had its place due to its cost-effectiveness and consistency in production. The market was also influenced by regulatory changes and evolving dietary preferences, which affected the application and formulation of synthetic beta-carotene in various products. To obtain the latest market

All 5 Releases


More Releases for PHEV

Electric Vehicle (BEV, PHEV) Market 2022 | Detailed Report
The Electric Vehicle (BEV, PHEV) research report provides a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The data thus presented is reliable, comprehensive and the result of extensive research both primary and secondary. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. Moreover, the data underlines the primary and
EV and PHEV Market Research 2021 | Detailed Report
The EV and PHEV report is a comprehensive professional report that delivers market research data relevant to new market entrants or established players. Key strategies of the organizations operating in the market and their impact on the market are also been mentioned in the report. Moreover, the report also provides revenue share, business overview, SWOT analysis, and PEST analysis. The key segments, their growth prospects, and the new opportunities they
Ev And Phev Market 2020 – Impact of COVID-19 | Biggest Innovations and Future …
Ev And Phev Market 2020 research provides a detailed information of the industry including classifications, applications and industry chain structure. The Global Ev And Phev Industry analysis is provided for the international markets including development trends, competitive landscape analysis, and key regions development status. Development policies and plans are discussed as well as manufacturing processes and cost structures are also analyzed. This report also states import/export consumption, supply and demand
Plug-in Hybrid Electric Vehicles (PHEV) Market Latest Trends, Demand and Analysi …
A Plug-in Hybrid Electric Vehicle (PHEV) is a vehicle which comprises of internal combustion engine (IC Engine), electric motor, and a rechargeable battery. The PHEV can work even after their battery is emptied, by using IC Engine and can operate as a conventional vehicle. The combination of both electric and IC engine power enable the vehicle to travel long distances. As compared to conventional vehicles, plug-in hybrid electric vehicles emit
Global Electric Vehicles (BEV and PHEV) Sales Volume and Market Forecast 2021
Report provides that Global Electric Vehicles market is rapidly growing around the world and is seen as a potential option towards a less carbon intensive road transport. With increasing popularity among end users, the global electric vehicles market is projected to grow with double digit CAGR during the period 2016 - 2021. Inquire for Complete PDF Report @ http://www.rnrmarketresearch.com/contacts/discount?rname=608188 Market Scope of Report: Report provides information that In the electric vehicles market,
Electric Vehicles (BEV and PHEV) Sales Volume and Market Forecast - Global Analy …
ReportsWorldwide has announced the addition of a new report title Electric Vehicles (BEV and PHEV) Sales Volume and Market Forecast - Global Analysis to its growing collection of premium market research reports. With increasing popularity among end users, the global electric vehicles market is projected to grow with double digit CAGR during the period 2016 - 2021. The major driving factors for electric vehicle market includes governmental incentives in the form