Hybrid & Electric Cars in Asia-Pacific

June 2025 | 49 pages | ID: ADCD84F0EE11EN
MarketLine

Abstracts

Hybrid & Electric Cars in Asia-Pacific

Summary

Hybrid & Electric Cars in Asia-Pacific industry profile provides top-line qualitative and quantitative summary information including: market size (value 2019-24, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

• 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.
• The Asia-Pacific hybrid & electric cars market recorded revenues of $575,572.4 million in 2024, representing a compound annual growth rate (CAGR) of 40.1% between 2019 and 2024.
• Market consumption volume increased with a CAGR of 38.7% between 2019 and 2024, reaching a total of 14,377,538.0 units in 2024.
• In 2024, the market value of hybrid & electric cars in Asia-Pacific grew by 21.9%, driven by employment growth.

Scope

• Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the hybrid & electric cars market in Asia-Pacific
• Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the hybrid & electric cars market in Asia-Pacific
• 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 Asia-Pacific hybrid & electric cars market with five year forecasts

Reasons to Buy

• What was the size of the Asia-Pacific hybrid & electric cars market by value in 2024?
• What will be the size of the Asia-Pacific hybrid & electric cars market in 2029?
• What factors are affecting the strength of competition in the Asia-Pacific hybrid & electric cars market?
• How has the market performed over the last five years?
• What are the main segments that make up Asia-Pacific's hybrid & electric cars market?

Companies Mentioned

Tesla Inc
BYD Co Ltd
Toyota Motor Corp
Hyundai Motor Co

Contents

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. Market rivalry
1.8. Competitive landscape

2 MARKET OVERVIEW

2.1. Market definition
2.2. Market analysis

3 MARKET DATA

3.1. Market value
3.2. Market volume

4 MARKET SEGMENTATION

4.1. Category segmentation
4.2. Geography segmentation

5 MARKET OUTLOOK

5.1. Market value forecast
5.2. Market volume forecast

6 FIVE FORCES ANALYSIS

6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry

7 COMPETITIVE LANDSCAPE

7.1. Who are the leading players?
7.2. What strategies do the leading players follow?
7.3. What are the recent developments in the market?

8 COMPANY PROFILES

8.1. Tesla Inc
8.2. BYD Co Ltd
8.3. Toyota Motor Corp
8.4. Hyundai Motor Co

9 MACROECONOMIC INDICATORS

9.1. Country data

10 APPENDIX

10.1. Methodology
10.2. Industry associations
10.3. Related MarketLine research
10.4. About MarketLine

List Of Tables

LIST OF TABLES

Table 1: Asia-Pacific hybrid & electric cars market value: $ million, 2019-24
Table 2: Asia-Pacific hybrid & electric cars market volume: Units, 2019-24
Table 3: Asia-Pacific hybrid & electric cars market category segmentation: % share, by value, 2019-24
Table 4: Asia-Pacific hybrid & electric cars market category segmentation: $ million, 2019-24
Table 5: Asia-Pacific hybrid & electric cars market geography segmentation: $ million, 2024
Table 6: Asia-Pacific hybrid & electric cars market value forecast: $ million, 2024-29
Table 7: Asia-Pacific hybrid & electric cars market volume forecast: Units, 2024-29
Table 8: Tesla Inc: Key Facts
Table 9: Tesla Inc: Annual Financial Ratios
Table 10: Tesla Inc: Key Employees
Table 11: BYD Co Ltd: Key Facts
Table 12: BYD Co Ltd: Annual Financial Ratios
Table 13: BYD Co Ltd: Key Employees
Table 14: Toyota Motor Corp: Key Facts
Table 15: Toyota Motor Corp: Annual Financial Ratios
Table 16: Toyota Motor Corp: Key Employees
Table 17: Toyota Motor Corp: Key Employees Continued
Table 18: Hyundai Motor Co: Key Facts
Table 19: Hyundai Motor Co: Annual Financial Ratios
Table 20: Hyundai Motor Co: Key Employees
Table 21: Asia-Pacific Exchange Rate, 2019-24

List Of Figures

LIST OF FIGURES

Figure 1: Asia-Pacific hybrid & electric cars market value: $ million, 2019-24
Figure 2: Asia-Pacific hybrid & electric cars market volume: Units, 2019-24
Figure 3: Asia-Pacific hybrid & electric cars market category segmentation: $ million, 2019-24
Figure 4: Asia-Pacific hybrid & electric cars market geography segmentation: % share, by value, 2024
Figure 5: Asia-Pacific hybrid & electric cars market value forecast: $ million, 2024-29
Figure 6: Asia-Pacific hybrid & electric cars market volume forecast: Units, 2024-29
Figure 7: Forces driving competition in the hybrid & electric cars market in Asia-Pacific, 2024
Figure 8: Drivers of buyer power in the hybrid & electric cars market in Asia-Pacific, 2024
Figure 9: Drivers of supplier power in the hybrid & electric cars market in Asia-Pacific, 2024
Figure 10: Factors influencing the likelihood of new entrants in the hybrid & electric cars market in Asia-Pacific, 2024
Figure 11: Factors influencing the threat of substitutes in the hybrid & electric cars market in Asia-Pacific, 2024
Figure 12: Drivers of degree of rivalry in the hybrid & electric cars market in Asia-Pacific, 2024