Hybrid & Electric Cars Global Industry Guide 2021-2030
Summary
Global Hybrid & Electric Cars industry profile provides top-line qualitative and quantitative summary information including: market share, Market size (value and volume , and forecast to 2030). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the Market.
Key Highlights
Global Hybrid & Electric Cars industry profile provides top-line qualitative and quantitative summary information including: market share, Market size (value and volume , and forecast to 2030). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the Market.
Key Highlights
- The hybrid & electric cars market includes the initial retail sale/registration of new electric and hybrid passenger cars. Passenger cars include saloons/sedans, hatchbacks, SUVs, 4x4s, and other related vehicles. Market value is calculated at the retail selling price (RSP) and the market volume is given in terms of units sold.
- Electric cars segment refers to all-electric vehicles only, namely Battery Electric Vehicles (BEVs). Hybrid cars segment refers to all types of hybrid electric cars such as full-standard Hybrid Electric Vehicles (FHEVs), and mild and plug-in hybrid electric vehicles (MHEVs and PHEVs). The other alternative fuel vehicles (e.g., LPG, Hydrogen fuel cell, or 48vMEHVs) are not included in our scope.
- All market data and forecasts are based on nominal prices, and all currency conversions used in the creation of this report have been calculated using yearly average exchange rates. The USD values may show a declining trend for few countries such as Argentina, Turkey, Nigeria, Egypt, and Russia. This is primarily because of the impact of exchange rates considered.
- The global hybrid & electric cars market recorded a value of $1,241,123.6 million in 2025, representing a compound annual growth rate (CAGR) of 33.7% between 2020 and 2025.
- Market consumption volume increased with a CAGR of 35.5% between 2020 and 2025, reaching a total of 28,146,831.0 units in 2025.
- In 2025, the global hybrid & electric car market value grew by 21.0% on an annual basis, driven primarily by the strategic implementation of pivotal international frameworks like the European Union's revised fleet emission targets and the US Inflation Reduction Act (IRA), which established clear decarbonisation baselines and unlocked key consumer tax credits.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the global hybrid & electric cars Market
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the global hybrid & electric cars Market
- Leading company profiles reveal details of key hybrid & electric cars Market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the global hybrid & electric cars Market with five year forecasts by both value and volume
- What was the size of the global hybrid & electric cars Market by value in 2025?
- What will be the size of the global hybrid & electric cars Market in 2030?
- What factors are affecting the strength of competition in the global hybrid & electric cars Market?
- How has the Market performed over the last five years?
- Who are the top competitors in the global hybrid & electric cars Market?
1 EXECUTIVE SUMMARY
1.1. Market value
1.2. Market value forecast
1.3. Market Volume
1.4. Market volume forecast
1.5. Category segmentation
1.6. Geography segmentation
1.7. Competitive landscape
2 INTRODUCTION
2.1. What is this report about?
2.2. Who is the target reader?
2.3. How to use this report
2.4. Definitions
3 GLOBAL HYBRID & ELECTRIC CARS
3.1. Market Overview
3.2. Market Data
3.3. Market Segmentation
3.4. Market Outlook
3.5. Five Forces Analysis
4 MACROECONOMIC INDICATORS
4.1. Country data
5 HYBRID & ELECTRIC CARS IN ASIA-PACIFIC
5.1. Market Overview
5.2. Market Data
5.3. Market Segmentation
5.4. Market Outlook
5.5. Five Forces Analysis
6 HYBRID & ELECTRIC CARS IN EUROPE
6.1. Market Overview
6.2. Market Data
6.3. Market Segmentation
6.4. Market Outlook
6.5. Five Forces Analysis
7 MACROECONOMIC INDICATORS
7.1. Country data
8 HYBRID & ELECTRIC CARS IN FRANCE
8.1. Market Overview
8.2. Market Data
8.3. Market Segmentation
8.4. Market Outlook
8.5. Five Forces Analysis
9 MACROECONOMIC INDICATORS
9.1. Country data
10 HYBRID & ELECTRIC CARS IN GERMANY
10.1. Market Overview
10.2. Market Data
10.3. Market Segmentation
10.4. Market Outlook
10.5. Five Forces Analysis
11 MACROECONOMIC INDICATORS
11.1. Country data
12 HYBRID & ELECTRIC CARS IN ITALY
12.1. Market Overview
12.2. Market Data
12.3. Market Segmentation
12.4. Market Outlook
12.5. Five Forces Analysis
13 MACROECONOMIC INDICATORS
13.1. Country data
14 HYBRID & ELECTRIC CARS IN JAPAN
14.1. Market Overview
14.2. Market Data
14.3. Market Segmentation
14.4. Market Outlook
14.5. Five Forces Analysis
15 MACROECONOMIC INDICATORS
15.1. Country data
16 HYBRID & ELECTRIC CARS IN AUSTRALIA
16.1. Market Overview
16.2. Market Data
16.3. Market Segmentation
16.4. Market Outlook
16.5. Five Forces Analysis
17 MACROECONOMIC INDICATORS
17.1. Country data
18 HYBRID & ELECTRIC CARS IN CANADA
18.1. Market Overview
18.2. Market Data
18.3. Market Segmentation
18.4. Market Outlook
18.5. Five Forces Analysis
19 MACROECONOMIC INDICATORS
19.1. Country data
20 HYBRID & ELECTRIC CARS IN CHINA
20.1. Market Overview
20.2. Market Data
20.3. Market Segmentation
20.4. Market Outlook
20.5. Five Forces Analysis
21 MACROECONOMIC INDICATORS
21.1. Country data
22 HYBRID & ELECTRIC CARS IN THE NETHERLANDS
22.1. Market Overview
22.2. Market Data
22.3. Market Segmentation
22.4. Market Outlook
22.5. Five Forces Analysis
23 MACROECONOMIC INDICATORS
23.1. Country data
24 HYBRID & ELECTRIC CARS IN SPAIN
24.1. Market Overview
24.2. Market Data
24.3. Market Segmentation
24.4. Market Outlook
24.5. Five Forces Analysis
25 MACROECONOMIC INDICATORS
25.1. Country data
26 HYBRID & ELECTRIC CARS IN THE UNITED KINGDOM
26.1. Market Overview
26.2. Market Data
26.3. Market Segmentation
26.4. Market Outlook
26.5. Five Forces Analysis
27 MACROECONOMIC INDICATORS
27.1. Country data
28 HYBRID & ELECTRIC CARS IN THE UNITED STATES
28.1. Market Overview
28.2. Market Data
28.3. Market Segmentation
28.4. Market Outlook
28.5. Five Forces Analysis
29 MACROECONOMIC INDICATORS
29.1. Country data
30 COMPANY PROFILES
30.1. Bayerische Motoren Werke AG
30.2. Volkswagen AG
30.3. Tesla Inc
30.4. Toyota Motor Corp
30.5. BYD Co Ltd
30.6. Hyundai Motor Co
30.7. Renault SA
30.8. Mercedes-Benz Group AG
30.9. Mitsubishi Motors Corp
30.10. Nissan Motor Co Ltd
30.11. General Motors Co
30.12. Ford Motor Co
30.13. SAIC Motor Corp Ltd
30.14. BAIC Motor Corporation Ltd
30.15. BYD India Pvt Ltd
30.16. Tata Motors Passenger Vehicles Ltd
30.17. Honda Motor Co Ltd
30.18. Zhejiang Geely Holding Group Co Ltd
30.19. Chery Automobile Co Ltd
30.20. AB Volvo
30.21. Kia Corp
30.22. Hyundai Motor India Ltd
31 APPENDIX
31.1. Methodology
31.2. About MarketLine
1.1. Market value
1.2. Market value forecast
1.3. Market Volume
1.4. Market volume forecast
1.5. Category segmentation
1.6. Geography segmentation
1.7. Competitive landscape
2 INTRODUCTION
2.1. What is this report about?
2.2. Who is the target reader?
2.3. How to use this report
2.4. Definitions
3 GLOBAL HYBRID & ELECTRIC CARS
3.1. Market Overview
3.2. Market Data
3.3. Market Segmentation
3.4. Market Outlook
3.5. Five Forces Analysis
4 MACROECONOMIC INDICATORS
4.1. Country data
5 HYBRID & ELECTRIC CARS IN ASIA-PACIFIC
5.1. Market Overview
5.2. Market Data
5.3. Market Segmentation
5.4. Market Outlook
5.5. Five Forces Analysis
6 HYBRID & ELECTRIC CARS IN EUROPE
6.1. Market Overview
6.2. Market Data
6.3. Market Segmentation
6.4. Market Outlook
6.5. Five Forces Analysis
7 MACROECONOMIC INDICATORS
7.1. Country data
8 HYBRID & ELECTRIC CARS IN FRANCE
8.1. Market Overview
8.2. Market Data
8.3. Market Segmentation
8.4. Market Outlook
8.5. Five Forces Analysis
9 MACROECONOMIC INDICATORS
9.1. Country data
10 HYBRID & ELECTRIC CARS IN GERMANY
10.1. Market Overview
10.2. Market Data
10.3. Market Segmentation
10.4. Market Outlook
10.5. Five Forces Analysis
11 MACROECONOMIC INDICATORS
11.1. Country data
12 HYBRID & ELECTRIC CARS IN ITALY
12.1. Market Overview
12.2. Market Data
12.3. Market Segmentation
12.4. Market Outlook
12.5. Five Forces Analysis
13 MACROECONOMIC INDICATORS
13.1. Country data
14 HYBRID & ELECTRIC CARS IN JAPAN
14.1. Market Overview
14.2. Market Data
14.3. Market Segmentation
14.4. Market Outlook
14.5. Five Forces Analysis
15 MACROECONOMIC INDICATORS
15.1. Country data
16 HYBRID & ELECTRIC CARS IN AUSTRALIA
16.1. Market Overview
16.2. Market Data
16.3. Market Segmentation
16.4. Market Outlook
16.5. Five Forces Analysis
17 MACROECONOMIC INDICATORS
17.1. Country data
18 HYBRID & ELECTRIC CARS IN CANADA
18.1. Market Overview
18.2. Market Data
18.3. Market Segmentation
18.4. Market Outlook
18.5. Five Forces Analysis
19 MACROECONOMIC INDICATORS
19.1. Country data
20 HYBRID & ELECTRIC CARS IN CHINA
20.1. Market Overview
20.2. Market Data
20.3. Market Segmentation
20.4. Market Outlook
20.5. Five Forces Analysis
21 MACROECONOMIC INDICATORS
21.1. Country data
22 HYBRID & ELECTRIC CARS IN THE NETHERLANDS
22.1. Market Overview
22.2. Market Data
22.3. Market Segmentation
22.4. Market Outlook
22.5. Five Forces Analysis
23 MACROECONOMIC INDICATORS
23.1. Country data
24 HYBRID & ELECTRIC CARS IN SPAIN
24.1. Market Overview
24.2. Market Data
24.3. Market Segmentation
24.4. Market Outlook
24.5. Five Forces Analysis
25 MACROECONOMIC INDICATORS
25.1. Country data
26 HYBRID & ELECTRIC CARS IN THE UNITED KINGDOM
26.1. Market Overview
26.2. Market Data
26.3. Market Segmentation
26.4. Market Outlook
26.5. Five Forces Analysis
27 MACROECONOMIC INDICATORS
27.1. Country data
28 HYBRID & ELECTRIC CARS IN THE UNITED STATES
28.1. Market Overview
28.2. Market Data
28.3. Market Segmentation
28.4. Market Outlook
28.5. Five Forces Analysis
29 MACROECONOMIC INDICATORS
29.1. Country data
30 COMPANY PROFILES
30.1. Bayerische Motoren Werke AG
30.2. Volkswagen AG
30.3. Tesla Inc
30.4. Toyota Motor Corp
30.5. BYD Co Ltd
30.6. Hyundai Motor Co
30.7. Renault SA
30.8. Mercedes-Benz Group AG
30.9. Mitsubishi Motors Corp
30.10. Nissan Motor Co Ltd
30.11. General Motors Co
30.12. Ford Motor Co
30.13. SAIC Motor Corp Ltd
30.14. BAIC Motor Corporation Ltd
30.15. BYD India Pvt Ltd
30.16. Tata Motors Passenger Vehicles Ltd
30.17. Honda Motor Co Ltd
30.18. Zhejiang Geely Holding Group Co Ltd
30.19. Chery Automobile Co Ltd
30.20. AB Volvo
30.21. Kia Corp
30.22. Hyundai Motor India Ltd
31 APPENDIX
31.1. Methodology
31.2. About MarketLine
LIST OF TABLES
Table 1: Global hybrid & electric cars market value: $ million, 2020-25
Table 2: Global hybrid & electric cars market volume: million units, 2020-25
Table 3: Global hybrid & electric cars market category segmentation: % share, by value, 2020-25
Table 4: Global hybrid & electric cars market category segmentation: $ million, 2020-25
Table 5: Global hybrid & electric cars market geography segmentation: $ million, 2025
Table 6: Global hybrid & electric cars market value forecast: $ million, 2025-30
Table 7: Global hybrid & electric cars market volume forecast: million units, 2025-30
Table 8: Global Size of Population (Million), 2021-25
Table 9: Global Real GDP (Constant 2010 Prices, $ Billion), 2021-25
Table 10: Global GDP (Current Prices, $ Billion), 2021-25
Table 11: Global Inflation, 2021-25
Table 12: Global Consumer Price Index (Absolute), 2021-25
Table 13: Global Exchange Rate, 2020-25
Table 14: Asia-Pacific hybrid & electric cars market value: $ million, 2020-25
Table 15: Asia-Pacific hybrid & electric cars market volume: million units, 2020-25
Table 16: Asia-Pacific hybrid & electric cars market category segmentation: % share, by value, 2020-25
Table 17: Asia-Pacific hybrid & electric cars market category segmentation: $ million, 2020-25
Table 18: Asia-Pacific hybrid & electric cars market geography segmentation: $ million, 2025
Table 19: Asia-Pacific hybrid & electric cars market value forecast: $ million, 2025-30
Table 20: Asia-Pacific hybrid & electric cars market volume forecast: million units, 2025-30
Table 21: Europe hybrid & electric cars market value: $ million, 2020-25
Table 22: Europe hybrid & electric cars market volume: million units, 2020-25
Table 23: Europe hybrid & electric cars market category segmentation: % share, by value, 2020-25
Table 24: Europe hybrid & electric cars market category segmentation: $ million, 2020-25
Table 25: Europe hybrid & electric cars market geography segmentation: $ million, 2025
Table 26: Europe hybrid & electric cars market value forecast: $ million, 2025-30
Table 27: Europe hybrid & electric cars market volume forecast: million units, 2025-30
Table 28: Europe Size of Population (Million), 2021-25
Table 29: Europe Real GDP (Constant 2010 Prices, $ Billion), 2021-25
Table 30: Europe GDP (Current Prices, $ Billion), 2021-25
Table 31: Europe Inflation, 2021-25
Table 32: Europe Consumer Price Index (Absolute), 2021-25
Table 33: Europe Exchange Rate, 2020-25
Table 34: France hybrid & electric cars market value: $ million, 2020-25
Table 35: France hybrid & electric cars market volume: million units, 2020-25
Table 36: France hybrid & electric cars market category segmentation: % share, by value, 2020-25
Table 37: France hybrid & electric cars market category segmentation: $ million, 2020-25
Table 38: France hybrid & electric cars market geography segmentation: $ million, 2025
Table 39: France hybrid & electric cars market value forecast: $ million, 2025-30
Table 40: France hybrid & electric cars market volume forecast: million units, 2025-30
Table 41: France Size of Population (Million), 2021-25
Table 42: France Real GDP (Constant 2010 Prices, $ Billion), 2021-25
Table 43: France GDP (Current Prices, $ Billion), 2021-25
Table 44: France Inflation, 2021-25
Table 45: France Consumer Price Index (Absolute), 2021-25
Table 46: France Exchange Rate, 2020-25
Table 47: Germany hybrid & electric cars market value: $ million, 2020-25
Table 48: Germany hybrid & electric cars market volume: million units, 2020-25
Table 49: Germany hybrid & electric cars market category segmentation: % share, by value, 2020-25
Table 50: Germany hybrid & electric cars market category segmentation: $ million, 2020-25
Table 51: Germany hybrid & electric cars market geography segmentation: $ million, 2025
Table 52: Germany hybrid & electric cars market value forecast: $ million, 2025-30
Table 53: Germany hybrid & electric cars market volume forecast: million units, 2025-30
Table 54: Germany Size of Population (Million), 2021-25
Table 55: Germany Real GDP (Constant 2010 Prices, $ Billion), 2021-25
Table 56: Germany GDP (Current Prices, $ Billion), 2021-25
Table 57: Germany Inflation, 2021-25
Table 58: Germany Consumer Price Index (Absolute), 2021-25
Table 59: Germany Exchange Rate, 2020-25
Table 60: Italy hybrid & electric cars market value: $ million, 2020-25
Table 61: Italy hybrid & electric cars market volume: million units, 2020-25
Table 62: Italy hybrid & electric cars market category segmentation: % share, by value, 2020-25
Table 63: Italy hybrid & electric cars market category segmentation: $ million, 2020-25
Table 64: Italy hybrid & electric cars market geography segmentation: $ million, 2025
Table 65: Italy hybrid & electric cars market value forecast: $ million, 2025-30
Table 66: Italy hybrid & electric cars market volume forecast: million units, 2025-30
Table 67: Italy Size of Population (Million), 2021-25
Table 68: Italy Real GDP (Constant 2010 Prices, $ Billion), 2021-25
Table 69: Italy GDP (Current Prices, $ Billion), 2021-25
Table 70: Italy Inflation, 2021-25
Table 71: Italy Consumer Price Index (Absolute), 2021-25
Table 72: Italy Exchange Rate, 2020-25
Table 73: Japan hybrid & electric cars market value: $ million, 2020-25
Table 74: Japan hybrid & electric cars market volume: million units, 2020-25
Table 75: Japan hybrid & electric cars market category segmentation: % share, by value, 2020-25
Table 76: Japan hybrid & electric cars market category segmentation: $ million, 2020-25
Table 77: Japan hybrid & electric cars market geography segmentation: $ million, 2025
Table 78: Japan hybrid & electric cars market value forecast: $ million, 2025-30
Table 79: Japan hybrid & electric cars market volume forecast: million units, 2025-30
Table 80: Japan Size of Population (Million), 2021-25
Table 81: Japan Real GDP (Constant 2010 Prices, $ Billion), 2021-25
Table 82: Japan GDP (Current Prices, $ Billion), 2021-25
Table 83: Japan Inflation, 2021-25
Table 84: Japan Consumer Price Index (Absolute), 2021-25
Table 85: Japan Exchange Rate, 2020-25
Table 86: Australia hybrid & electric cars market value: $ million, 2020-25
Table 87: Australia hybrid & electric cars market volume: million units, 2020-25
Table 88: Australia hybrid & electric cars market category segmentation: % share, by value, 2020-25
Table 89: Australia hybrid & electric cars market category segmentation: $ million, 2020-25
Table 90: Australia hybrid & electric cars market geography segmentation: $ million, 2025
Table 91: Australia hybrid & electric cars market value forecast: $ million, 2025-30
Table 92: Australia hybrid & electric cars market volume forecast: million units, 2025-30
Table 93: Australia Size of Population (Million), 2021-25
Table 94: Australia Real GDP (Constant 2010 Prices, $ Billion), 2021-25
Table 95: Australia GDP (Current Prices, $ Billion), 2021-25
Table 96: Australia Inflation, 2021-25
Table 97: Australia Consumer Price Index (Absolute), 2021-25
Table 98: Australia Exchange Rate, 2020-25
Table 99: Canada hybrid & electric cars market value: $ million, 2020-25
Table 100: Canada hybrid & electric cars market volume: million units, 2020-25
Table 101: Canada hybrid & electric cars market category segmentation: % share, by value, 2020-25
Table 102: Canada hybrid & electric cars market category segmentation: $ million, 2020-25
Table 103: Canada hybrid & electric cars market geography segmentation: $ million, 2025
Table 104: Canada hybrid & electric cars market value forecast: $ million, 2025-30
Table 105: Canada hybrid & electric cars market volume forecast: million units, 2025-30
Table 106: Canada Size of Population (Million), 2021-25
Table 107: Canada Real GDP (Constant 2010 Prices, $ Billion), 2021-25
Table 108: Canada GDP (Current Prices, $ Billion), 2021-25
Table 109: Canada Inflation, 2021-25
Table 110: Canada Consumer Price Index (Absolute), 2021-25
Table 1: Global hybrid & electric cars market value: $ million, 2020-25
Table 2: Global hybrid & electric cars market volume: million units, 2020-25
Table 3: Global hybrid & electric cars market category segmentation: % share, by value, 2020-25
Table 4: Global hybrid & electric cars market category segmentation: $ million, 2020-25
Table 5: Global hybrid & electric cars market geography segmentation: $ million, 2025
Table 6: Global hybrid & electric cars market value forecast: $ million, 2025-30
Table 7: Global hybrid & electric cars market volume forecast: million units, 2025-30
Table 8: Global Size of Population (Million), 2021-25
Table 9: Global Real GDP (Constant 2010 Prices, $ Billion), 2021-25
Table 10: Global GDP (Current Prices, $ Billion), 2021-25
Table 11: Global Inflation, 2021-25
Table 12: Global Consumer Price Index (Absolute), 2021-25
Table 13: Global Exchange Rate, 2020-25
Table 14: Asia-Pacific hybrid & electric cars market value: $ million, 2020-25
Table 15: Asia-Pacific hybrid & electric cars market volume: million units, 2020-25
Table 16: Asia-Pacific hybrid & electric cars market category segmentation: % share, by value, 2020-25
Table 17: Asia-Pacific hybrid & electric cars market category segmentation: $ million, 2020-25
Table 18: Asia-Pacific hybrid & electric cars market geography segmentation: $ million, 2025
Table 19: Asia-Pacific hybrid & electric cars market value forecast: $ million, 2025-30
Table 20: Asia-Pacific hybrid & electric cars market volume forecast: million units, 2025-30
Table 21: Europe hybrid & electric cars market value: $ million, 2020-25
Table 22: Europe hybrid & electric cars market volume: million units, 2020-25
Table 23: Europe hybrid & electric cars market category segmentation: % share, by value, 2020-25
Table 24: Europe hybrid & electric cars market category segmentation: $ million, 2020-25
Table 25: Europe hybrid & electric cars market geography segmentation: $ million, 2025
Table 26: Europe hybrid & electric cars market value forecast: $ million, 2025-30
Table 27: Europe hybrid & electric cars market volume forecast: million units, 2025-30
Table 28: Europe Size of Population (Million), 2021-25
Table 29: Europe Real GDP (Constant 2010 Prices, $ Billion), 2021-25
Table 30: Europe GDP (Current Prices, $ Billion), 2021-25
Table 31: Europe Inflation, 2021-25
Table 32: Europe Consumer Price Index (Absolute), 2021-25
Table 33: Europe Exchange Rate, 2020-25
Table 34: France hybrid & electric cars market value: $ million, 2020-25
Table 35: France hybrid & electric cars market volume: million units, 2020-25
Table 36: France hybrid & electric cars market category segmentation: % share, by value, 2020-25
Table 37: France hybrid & electric cars market category segmentation: $ million, 2020-25
Table 38: France hybrid & electric cars market geography segmentation: $ million, 2025
Table 39: France hybrid & electric cars market value forecast: $ million, 2025-30
Table 40: France hybrid & electric cars market volume forecast: million units, 2025-30
Table 41: France Size of Population (Million), 2021-25
Table 42: France Real GDP (Constant 2010 Prices, $ Billion), 2021-25
Table 43: France GDP (Current Prices, $ Billion), 2021-25
Table 44: France Inflation, 2021-25
Table 45: France Consumer Price Index (Absolute), 2021-25
Table 46: France Exchange Rate, 2020-25
Table 47: Germany hybrid & electric cars market value: $ million, 2020-25
Table 48: Germany hybrid & electric cars market volume: million units, 2020-25
Table 49: Germany hybrid & electric cars market category segmentation: % share, by value, 2020-25
Table 50: Germany hybrid & electric cars market category segmentation: $ million, 2020-25
Table 51: Germany hybrid & electric cars market geography segmentation: $ million, 2025
Table 52: Germany hybrid & electric cars market value forecast: $ million, 2025-30
Table 53: Germany hybrid & electric cars market volume forecast: million units, 2025-30
Table 54: Germany Size of Population (Million), 2021-25
Table 55: Germany Real GDP (Constant 2010 Prices, $ Billion), 2021-25
Table 56: Germany GDP (Current Prices, $ Billion), 2021-25
Table 57: Germany Inflation, 2021-25
Table 58: Germany Consumer Price Index (Absolute), 2021-25
Table 59: Germany Exchange Rate, 2020-25
Table 60: Italy hybrid & electric cars market value: $ million, 2020-25
Table 61: Italy hybrid & electric cars market volume: million units, 2020-25
Table 62: Italy hybrid & electric cars market category segmentation: % share, by value, 2020-25
Table 63: Italy hybrid & electric cars market category segmentation: $ million, 2020-25
Table 64: Italy hybrid & electric cars market geography segmentation: $ million, 2025
Table 65: Italy hybrid & electric cars market value forecast: $ million, 2025-30
Table 66: Italy hybrid & electric cars market volume forecast: million units, 2025-30
Table 67: Italy Size of Population (Million), 2021-25
Table 68: Italy Real GDP (Constant 2010 Prices, $ Billion), 2021-25
Table 69: Italy GDP (Current Prices, $ Billion), 2021-25
Table 70: Italy Inflation, 2021-25
Table 71: Italy Consumer Price Index (Absolute), 2021-25
Table 72: Italy Exchange Rate, 2020-25
Table 73: Japan hybrid & electric cars market value: $ million, 2020-25
Table 74: Japan hybrid & electric cars market volume: million units, 2020-25
Table 75: Japan hybrid & electric cars market category segmentation: % share, by value, 2020-25
Table 76: Japan hybrid & electric cars market category segmentation: $ million, 2020-25
Table 77: Japan hybrid & electric cars market geography segmentation: $ million, 2025
Table 78: Japan hybrid & electric cars market value forecast: $ million, 2025-30
Table 79: Japan hybrid & electric cars market volume forecast: million units, 2025-30
Table 80: Japan Size of Population (Million), 2021-25
Table 81: Japan Real GDP (Constant 2010 Prices, $ Billion), 2021-25
Table 82: Japan GDP (Current Prices, $ Billion), 2021-25
Table 83: Japan Inflation, 2021-25
Table 84: Japan Consumer Price Index (Absolute), 2021-25
Table 85: Japan Exchange Rate, 2020-25
Table 86: Australia hybrid & electric cars market value: $ million, 2020-25
Table 87: Australia hybrid & electric cars market volume: million units, 2020-25
Table 88: Australia hybrid & electric cars market category segmentation: % share, by value, 2020-25
Table 89: Australia hybrid & electric cars market category segmentation: $ million, 2020-25
Table 90: Australia hybrid & electric cars market geography segmentation: $ million, 2025
Table 91: Australia hybrid & electric cars market value forecast: $ million, 2025-30
Table 92: Australia hybrid & electric cars market volume forecast: million units, 2025-30
Table 93: Australia Size of Population (Million), 2021-25
Table 94: Australia Real GDP (Constant 2010 Prices, $ Billion), 2021-25
Table 95: Australia GDP (Current Prices, $ Billion), 2021-25
Table 96: Australia Inflation, 2021-25
Table 97: Australia Consumer Price Index (Absolute), 2021-25
Table 98: Australia Exchange Rate, 2020-25
Table 99: Canada hybrid & electric cars market value: $ million, 2020-25
Table 100: Canada hybrid & electric cars market volume: million units, 2020-25
Table 101: Canada hybrid & electric cars market category segmentation: % share, by value, 2020-25
Table 102: Canada hybrid & electric cars market category segmentation: $ million, 2020-25
Table 103: Canada hybrid & electric cars market geography segmentation: $ million, 2025
Table 104: Canada hybrid & electric cars market value forecast: $ million, 2025-30
Table 105: Canada hybrid & electric cars market volume forecast: million units, 2025-30
Table 106: Canada Size of Population (Million), 2021-25
Table 107: Canada Real GDP (Constant 2010 Prices, $ Billion), 2021-25
Table 108: Canada GDP (Current Prices, $ Billion), 2021-25
Table 109: Canada Inflation, 2021-25
Table 110: Canada Consumer Price Index (Absolute), 2021-25
Global hybrid and electric cars market has grown strongly in recent years. It is looking set to continue with strong double-digit growth in the forecast period. This is largely due to more countries committing to targets to combat CO2 emissions, as well as developing their charging networks.
The hybrid and electric market is heavily influenced by the policy environment within each country. For instance, in China current restrictions on license plates for petrol and diesel-powered cars mean that consumers are being forced to look at alternatives. Population density and high fuel costs mean that hybrid and electric cars are becoming an increasingly popular.
