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Latest Report Details on Hybrid Cars Market Size & Share, Growth, Trends, and Forecast 2016 - 2024
The main objective of this report is to define, describe, and forecast the global “Hybrid Cars” market on the basis of types of applications, major sectors, deployment models, organization size, and regions. The report contains an analysis of the major factors influencing the growth of the market (drivers, restraints, opportunities, and challenges). It aims to strategically analyze the micromarkets with respect to individual growth trends, prospects, and their contribution to the market. The report attempts to forecast the market size for 5 major regions, namely, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and Latin America. It contains key vendor profiles and comprehensively analyzes their core competencies. The report also tracks and analyzes competitive developments, including partnerships, collaborations, acquisitions, new product developments, and R&D activities in the market.
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Global Hybrid Cars Market: Overview
Hybrid car is an eco-friendly vehicle which consists of combination of gasoline fuel and electric motor with battery pack as energy source. Conventional IC engine is main power source in hybrid car and it is also used to charge the batteries which can be used as an alternative energy source. Asia Pacific dominated the hybrid car market in terms of demand and is anticipated to grow at highest CAGR during the forecast period. High price and availability of electric car as strong is anticipated to hinder the growth of hybrid car.
Increase in government support by providing various incentives on purchase of hybrid car and implementation of stringent emission norms across all region to control the air pollution is estimated to offer major opportunities to the hybrid car market during the forecast period. Series-parallel is expected to be major hybrid type during the forecast period, however plug-in hybrid is anticipated to grow at highest CAGR in terms of demand compare to other hybrid types. ICE hybrid contributed the largest share of the energy source type and it is likely to dominate the market in next eight years. In terms of vehicle type, passenger car segment dominated the hybrid car market and is continue to dominate the market during the forecast period with highest CAGR.
Global Hybrid Cars Market: Scope of the Study
This report analyzes and forecasts the market for hybrid car market at the global and regional level. The market has been forecast based on volume (Units) and revenue (US$ Mn) from 2016 to 2024, considering 2015 as the base year. The study includes drivers and restraints of the global hybrid cars market. It also covers impact of these drivers and restraints on demand for hybrid cars market during the forecast period. The report also highlights opportunities in the hybrid cars market at the global and regional level.
The report includes detailed value chain analysis, which provides a comprehensive view of the global hybrid cars market. Porter’s Five Forces model for the hybrid cars market has also been included to help understand the competitive landscape in the market. The study encompasses market attractiveness analysis, where in hybrid types, energy source and vehicle types are benchmarked based on their market size, growth rate, and general attractiveness.
The study provides a decisive view of the global hybrid cars market by segmenting it in terms of type, energy source and vehicle type. In terms of type, hybrid cars is classified as series, parallel, plug-in, series-parallel. In terms of energy source, it is segmented into ICE hybrid, fuel cell hybrid, solar hybrid, natural gas hybrid and by vehicle type it is classified as passenger cars and commercial cars. These segments have been analyzed based on present and future trends. Regional segmentation includes current and forecast demand for hybrid cars in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
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Global Hybrid Cars Market: Research Methodology
The report provides the actual market size of hybrid cars for 2015 and estimated market size for 2016 with forecast for the next eight years. The global market of hybrid cars has been provided in terms volume and revenue. Market volume has been defined in units and revenue in US$ Mn. Market numbers have been estimated based on type, energy-source and vehicle type of hybrid cars. Market volume and size have been provided in terms of global, regional and country level markets.
In order to compile the research report, we conducted in-depth interviews and discussions with a number of key industry participants and opinion leaders. Primary research represented the bulk of research efforts, supplemented by extensive secondary research. We reviewed key players’ product literature, annual reports, press releases, and relevant documents for competitive analysis and market understanding. Secondary research includes a search of recent trade, technical writing, Internet sources, magazines and statistical data from government websites, trade associations, and agencies. This has proven to be the most reliable, effective, and successful approach for obtaining precise market data, capturing industry participants’ insights, and recognizing business opportunities.
Secondary research sources that are typically referred to include, but are not limited to company websites, annual reports, financial reports, broker reports, investor presentations, SEC filings, and external proprietary databases, and relevant patent and regulatory databases such as ICIS, Hoover’s, oneSOURCE, Factiva and Bloomberg, national government documents, statistical databases, trade journals, market reports, news articles, press releases, and webcasts specific to companies operating in the market. We conduct primary interviews on an ongoing basis with industry participants and commentators to validate data and analysis. These help validate and strengthen secondary research findings. These also help develop the analysis team’s expertise and market understanding.
Companies Mentioned in the Report
The report comprises profiles of major companies operating in the global hybrid cars market. Key players in the hybrid cars market are Toyota Motor Corporation, General Motors Company, Hyundai Motor Company, Ford Motor Company, Nissan Motor Company Ltd, Volkswagen AG, BMW, Honda Motor Co., Ltd., and FCA N.V.Market players have been profiled in terms of attributes such as company overview, financial overview, business strategies, and recent developments.
The global hybrid cars market has been segmented as follows:
By Type
Series hybrid
Parallel hybrid
Plug-in hybrid
Series-Parallel hybrid
By Energy Source
ICE hybrids
Fuel cell hybrids
Solar hybrid
Natural gas hybrid
By Vehicle Type
Passenger Cars
Commercial Car
By Region
North America
U.S.
Canada
Europe
Germany
Italy
U.K.
France
Spain
Rest of Europe
Asia Pacific
China
India
Japan
ASEAN
Rest of Asia Pacific
Latin America
Brazil
Mexico
Rest of South America
Middle East & Africa (MEA)
GCC
South Africa
Rest of MEA
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Table of Content
1. Preface
1.1. Report Description
1.2. Research Scope
1.3. Market Segmentation
1.4. Assumptions
1.5. Research Methodology
2. Executive Summary
2.1. Global hybrid cars market, Revenue (US$ Mn), 2015–2024
2.2. Market Snapshot
3. Market Overview
3.1. Product Overview
3.2. Key Industry Developments
3.3. Market Indicators
4. Market Dynamics
4.1.Driver 1- Rising Awareness For Eco-friendly Vehicle
4.1.1 Driver 2- Incentive schemes on hybrid cars
4.1.2. Restraint 1 – High pricing
4.1.3. Restraint 2- Availability of substitutes
4.2. Opportunity 1 – Government Support to Hybrid Car Manufacturers
4.3. Porter’s Five Forces Analysis
4.4. Value Chain Analysis
4.5. Global hybrid cars market Outlook, 2015
5. Market Segmentation- Type Segment Analysis
5.1. Global hybrid cars market– Type Analysis
5.1.1. Series hybrid, Volume ( units) & Revenue (US$ Mn), 2015-2024
5.1.2. Parallel hybrid , Volume (units) & Revenue (US$ Mn), 2015-2024
5.1.3. Plug-in hybrid , Volume (units) & Revenue (US$ Mn), 2015-2024
5.1.4. Series-parallel hybrid , Volume (units) & Revenue (US$ Mn), 2015-2024
5.2. Market Attractiveness Analysis, by type
6. Market Segmentation- Energy source Segment Analysis
6.1. Global hybrid cars market– energy source Analysis
6.1.1. ICE hybrids, Volume ( units) & Revenue (US$ Mn), 2015-2024
6.1.2. Fuel cell hybrids, Volume ( units) & Revenue (US$ Mn), 2015-2024
6.1.3. Solar hybrids , Volume ( units) & Revenue (US$ Mn), 2015-2024
6.1.4. Natural gas hybrids , Volume ( units) & Revenue (US$ Mn), 2015-2024
6.2. Market Attractiveness Analysis, by energy source
7. Market Segmentation- energy source Segment Analysis
7.1. Global hybrid cars market–Vehicle type Analysis
7.1.1. Passenger Cars, Volume (units) & Revenue (US$ Mn), 2015-2024
7.1.2. Commercial Cars, Volume (units) & Revenue (US$ Mn), 2015-2024
7.2. Market Attractiveness Analysis, by vehicle type
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8. Global hybrid cars market– Regional Analysis
8.1. North America hybrid cars market Snapshot
8.1.1. North America hybrid cars market– type Segment Analysis, Volume (units) & Revenue (US$ Mn), 2015-2024
8.1.2. North America hybrid cars market– energy source Segment Analysis, Volume (units) & Revenue (US$ Mn), 2015-2024
8.1.3. North America hybrid cars market– vehicle type Segment Analysis, Volume (unitss) & Revenue (US$ Mn), 2015-2024
8.1.4. U.S. hybrid cars market– Volume (units ) & Revenue (US$ Mn), 2015-2024
8.1.5. Canada hybrid cars market– Volume (units ) & Revenue (US$ Mn), 2015-2024
8.2. North America hybrid cars market Attractiveness Analysis
8.2.1. Market Attractiveness Analysis – By Type
8.2.2. Market Attractiveness Analysis – By Energy source
8.2.3. Market Attractiveness Analysis – By Vehicle type
8.2.4. Market Attractiveness Analysis – By Country
8.3. North America hybrid cars - Market Trends
9. Europe hybrid cars market Snapshot
9.1.Europe hybrid cars market– type Segment Analysis, Volume (units) & Revenue (US$ Mn), 2015-2024
9.1.1. Europe hybrid cars market– energy source Segment Analysis, Volume (units) & Revenue (US$ Mn), 2015-2024
9.1.2. Europe hybrid cars market– vehicle type Segment Analysis, Volume (units) & Revenue (US$ Mn), 2015-2024
9.1.3. Germany hybrid cars market– Volume (units ) & Revenue (US$ Mn), 2015-2024
9.1.4. France hybrid cars market– Volume (units ) & Revenue (US$ Mn), 2015-2024
9.1.5. UK hybrid cars market– Volume (units ) & Revenue (US$ Mn), 2015-2024
9.1.7. Italy hybrid cars market– Volume (units ) & Revenue (US$ Mn), 2015-2024
9.1.8. Spain hybrid cars market– Volume (units ) & Revenue (US$ Mn), 2015-2024
9.1.9. Rest of Europe hybrid cars market– Volume (units ) & Revenue (US$ Mn), 2015-2024
9.2. Europe hybrid cars market Attractiveness Analysis
9.2.1. Market Attractiveness Analysis – By Type
9.2.2. Market Attractiveness Analysis – By Energy source
9.2.3. Market Attractiveness Analysis – By Vehicle type
9.2.4. Market Attractiveness Analysis – By Country
9.3. Europe hybrid cars - Market Trends
10. Asia Pacific hybrid cars market Snapshot
10.1.Asia Pacific hybrid cars market– type Segment Analysis, Volume (units) & Revenue (US$ Mn), 2015-2024
10.1.1. Asia Pacific hybrid cars market– energy source Segment Analysis, Volume (units) & Revenue (US$ Mn), 2015-2024
10.1.2. Asia Pacific hybrid cars market– vehicle type Segment Analysis, Volume (units) & Revenue (US$ Mn), 2015-2024
10.1.3. China hybrid cars market– Volume (units ) & Revenue (US$ Mn), 2015-2024
10.1.4. India hybrid cars market– Volume (units ) & Revenue (US$ Mn), 2015-2024
10.1.5. Japan hybrid cars market– Volume (units ) & Revenue (US$ Mn), 2015-2024
10.1.6. ASEAN hybrid cars market– Volume (units ) & Revenue (US$ Mn), 2015-2024
10.1.7. Rest of Asia Pacific hybrid cars market– Volume (units ) & Revenue (US$ Mn), 2015-2024
10.2. Asia Pacific hybrid cars market Attractiveness Analysis
10.2.1. Market Attractiveness Analysis – By Type
10.2.2. Market Attractiveness Analysis – By Energy source
10.2.3. Market Attractiveness Analysis – By Vehicle type
10.2.4. Market Attractiveness Analysis – By Country
10.3. Asia Pacific hybrid cars - Market Trends
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