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Global Hybrid Electric Vehicles Market by Identifying the Size, Growth, Major Segments and Leading Players- Fact.MR’s Forecast Report till 2022
Fact.MR
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Hybrid electric vehicles combine electric propulsion system with Internal Combustion Engine (ICE) system. These vehicles consist electric powertrain that offers better fuel economy and performance than conventional vehicles. Hybrid electric vehicles also use regenerative brakes for converting kinetic energy into electric energy. Moreover, there is no need to plug-in the batteries in hybrid electric vehicles to recharge as the batteries get recharged by regenerative braking.
4 Forecast Highlights on Global Hybrid Electric Vehicles Market
1. Asia Pacific Excluding Japan (APEJ) is expected to remain dominant in the global hybrid electric vehicles market. APEJ hybrid electric vehicles market is projected to bring in nearly US$ 16,800 million revenues by the end of 2022.
2. North America hybrid electric vehicles market is also expected to experience impressive growth during 2017-2022. Owing to the government focusing on pollution reduction, zero-emission vehicles are increasingly being promoted, hence, North America is witnessing the growth in adoption of hybrid electric vehicles. Moreover, manufacturers are also introducing cost-effective and lightweight vehicles.
3. Stored electricity is expected to be the largest power source for hybrid electric vehicles. Towards the end of 2022, stored electricity is estimated to reach nearly US$ 33,600 million revenues. Meanwhile, the on board electric generator is also expected to witness significant growth during the forecast period, 2017-2022.
4. Parallel hybrid powertrain system is estimated to account for nearly three-fourth of the revenue share by the end of 2017. The parallel hybrid powertrain system is projected to create an incremental opportunity of over US$ 16,600 million between 2017 and 2022.
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Table of Content:
1. Global Hybrid Electric Vehicles Market - Executive Summary
2. Global Hybrid Electric Vehicles Market Overview
2.1. Introduction
2.1.1. Global Hybrid Electric Vehicles Market Taxonomy
2.1.2. Global Hybrid Electric Vehicles Market Definition
2.2. Global Hybrid Electric Vehicles Market Size (US$ Mn) and Forecast, 2012-2022
2.2.1. Global Hybrid Electric Vehicles Market Y-o-Y Growth
2.3. Global Hybrid Electric Vehicles Market Dynamics
2.4. Supply Chain
2.5. Cost Structure
3. Global Hybrid Electric Vehicles Market Analysis and Forecast By Power Source
3.1. Global Hybrid Electric Vehicles Market Size and Forecast By Power Source, 2012-2022
3.1.1. Stored Electricity Hybrid Electric Vehicles Market Size and Forecast, 2012-2022
3.1.1.1. Revenue (US$ Mn) Comparison, By Region
3.1.1.2. Market Share Comparison, By Region
3.1.1.3. Y-o-Y growth Comparison, By Region
3.1.2. On Board Electric Generator Hybrid Electric Vehicles Market Size and Forecast, 2012-2022
3.1.2.1. Revenue (US$ Mn) Comparison, By Region
3.1.2.2. Market Share Comparison, By Region
3.1.2.3. Y-o-Y growth Comparison, By Region
Continued….
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About Fact.MR
Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized automotive market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.
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