Hybrid Electric Vehicle Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
The global hybrid electric vehicle market size reached 7.6 Million Units in 2022. Looking forward, IMARC Group expects the market to reach 40.4 Million Units by 2028, exhibiting a growth rate (CAGR) of 30.4% during 2023-2028.
A hybrid electric vehicle (HEV) is an automobile powered by a combination of an internal combustion engine (ICE) and an electric motor. It relies on energy stored in batteries for functioning and regenerative braking, which changes the kinetic energy produced into electric energy. It has less fuel consumption, carbon-based emissions, and maintenance costs than vehicles solely powered by an ICE. As a result, it is gaining immense traction as an environment-friendly alternative to conventional vehicles.
Hybrid Electric Vehicle Market Trends:
The growing air pollution levels due to exhaust emissions from vehicles, along with increasing environmental consciousness among the masses about rising pollution levels, represent one of the key factors positively influencing the adoption of HEVs. This can also be attributed to rapid urbanization, expanding purchasing power of individuals, and improving road networks. Apart from this, governments of various countries are implementing stringent emission regulations and fuel economy norms and offering purchase grants, related incentives, tax rebates, and utility rate reductions. This, in turn, is encouraging the adoption of HEVs across the globe. Furthermore, several leading manufacturers are increasingly investing in research and development (R&D) activities to develop innovative vehicles with soundless operations, high-performance engines, and improved fuel efficiency. This, in confluence with the emerging trend of fuel-efficient and cost-effective commute options, is creating a favorable outlook for the market. Moreover, continuous improvements in the EV charging infrastructure are leading to rising investments by power sector stakeholders in automobile utilities and charging hardware, which are anticipated to drive the market.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global hybrid electric vehicle market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on propulsion type, configuration type, vehicle type and power source.
Breakup by Propulsion Type:
Full Hybrids
Mild Hybrids
Plug-in Hybrids
Others
Breakup by Configuration Type:
Series HEV
Parallel HEV
Combination HEV
Breakup by Vehicle Type:
Passenger Cars
Commercial Vehicles
Two Wheelers
Others
Breakup by Power Source:
Stored Electricity
On Board Electric Generator
Breakup by Region:
North America
United States
Canada
Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined with some of the key players being Toyota Motor Corporation, Honda Motor Co. Ltd., Ford Motor Company, Volkswagen Aktiengesellschaft, General Motors Company, Hyundai Motor Company, Nissan Motor Corporation Ltd., etc.
Key Questions Answered in This Report:
How has the global hybrid electric vehicle market performed so far and how will it perform in the coming years?
What are the key regional markets?
What has been the impact of COVID-19 on the global hybrid electric vehicle market?
What is the breakup of the market based on the propulsion type?
What is the breakup of the market based on the configuration type?
What is the breakup of the market based on the vehicle type?
What is the breakup of the market based on the power source?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the global hybrid electric vehicle market and who are the key players?
What is the degree of competition in the industry?
A hybrid electric vehicle (HEV) is an automobile powered by a combination of an internal combustion engine (ICE) and an electric motor. It relies on energy stored in batteries for functioning and regenerative braking, which changes the kinetic energy produced into electric energy. It has less fuel consumption, carbon-based emissions, and maintenance costs than vehicles solely powered by an ICE. As a result, it is gaining immense traction as an environment-friendly alternative to conventional vehicles.
Hybrid Electric Vehicle Market Trends:
The growing air pollution levels due to exhaust emissions from vehicles, along with increasing environmental consciousness among the masses about rising pollution levels, represent one of the key factors positively influencing the adoption of HEVs. This can also be attributed to rapid urbanization, expanding purchasing power of individuals, and improving road networks. Apart from this, governments of various countries are implementing stringent emission regulations and fuel economy norms and offering purchase grants, related incentives, tax rebates, and utility rate reductions. This, in turn, is encouraging the adoption of HEVs across the globe. Furthermore, several leading manufacturers are increasingly investing in research and development (R&D) activities to develop innovative vehicles with soundless operations, high-performance engines, and improved fuel efficiency. This, in confluence with the emerging trend of fuel-efficient and cost-effective commute options, is creating a favorable outlook for the market. Moreover, continuous improvements in the EV charging infrastructure are leading to rising investments by power sector stakeholders in automobile utilities and charging hardware, which are anticipated to drive the market.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global hybrid electric vehicle market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on propulsion type, configuration type, vehicle type and power source.
Breakup by Propulsion Type:
Full Hybrids
Mild Hybrids
Plug-in Hybrids
Others
Breakup by Configuration Type:
Series HEV
Parallel HEV
Combination HEV
Breakup by Vehicle Type:
Passenger Cars
Commercial Vehicles
Two Wheelers
Others
Breakup by Power Source:
Stored Electricity
On Board Electric Generator
Breakup by Region:
North America
United States
Canada
Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined with some of the key players being Toyota Motor Corporation, Honda Motor Co. Ltd., Ford Motor Company, Volkswagen Aktiengesellschaft, General Motors Company, Hyundai Motor Company, Nissan Motor Corporation Ltd., etc.
Key Questions Answered in This Report:
How has the global hybrid electric vehicle market performed so far and how will it perform in the coming years?
What are the key regional markets?
What has been the impact of COVID-19 on the global hybrid electric vehicle market?
What is the breakup of the market based on the propulsion type?
What is the breakup of the market based on the configuration type?
What is the breakup of the market based on the vehicle type?
What is the breakup of the market based on the power source?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the global hybrid electric vehicle market and who are the key players?
What is the degree of competition in the industry?
1 PREFACE
2 SCOPE AND METHODOLOGY
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 EXECUTIVE SUMMARY
4 INTRODUCTION
4.1 Overview
4.2 Key Industry Trends
5 GLOBAL HYBRID ELECTRIC VEHICLE MARKET
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 MARKET BREAKUP BY PROPULSION TYPE
6.1 Full Hybrids
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Mild Hybrids
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Plug-in Hybrids
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Others
6.4.1 Market Trends
6.4.2 Market Forecast
7 MARKET BREAKUP BY CONFIGURATION TYPE
7.1 Series HEV
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Parallel HEV
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Combination HEV
7.3.1 Market Trends
7.3.2 Market Forecast
8 MARKET BREAKUP BY VEHICLE TYPE
8.1 Passenger Cars
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Commercial Vehicles
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Two-Wheelers
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Others
8.4.1 Market Trends
8.4.2 Market Forecast
9 MARKET BREAKUP BY POWER SOURCE
9.1 Stored Electricity
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 On Board Electric Generator
9.2.1 Market Trends
9.2.2 Market Forecast
10 MARKET BREAKUP BY REGION
10.1 North America
10.1.1 United States
10.1.1.1 Market Trends
10.1.1.2 Market Forecast
10.1.2 Canada
10.1.2.1 Market Trends
10.1.2.2 Market Forecast
10.2 Asia Pacific
10.2.1 China
10.2.1.1 Market Trends
10.2.1.2 Market Forecast
10.2.2 Japan
10.2.2.1 Market Trends
10.2.2.2 Market Forecast
10.2.3 India
10.2.3.1 Market Trends
10.2.3.2 Market Forecast
10.2.4 South Korea
10.2.4.1 Market Trends
10.2.4.2 Market Forecast
10.2.5 Australia
10.2.5.1 Market Trends
10.2.5.2 Market Forecast
10.2.6 Indonesia
10.2.6.1 Market Trends
10.2.6.2 Market Forecast
10.2.7 Others
10.2.7.1 Market Trends
10.2.7.2 Market Forecast
10.3 Europe
10.3.1 Germany
10.3.1.1 Market Trends
10.3.1.2 Market Forecast
10.3.2 France
10.3.2.1 Market Trends
10.3.2.2 Market Forecast
10.3.3 United Kingdom
10.3.3.1 Market Trends
10.3.3.2 Market Forecast
10.3.4 Italy
10.3.4.1 Market Trends
10.3.4.2 Market Forecast
10.3.5 Spain
10.3.5.1 Market Trends
10.3.5.2 Market Forecast
10.3.6 Russia
10.3.6.1 Market Trends
10.3.6.2 Market Forecast
10.3.7 Others
10.3.7.1 Market Trends
10.3.7.2 Market Forecast
10.4 Latin America
10.4.1 Brazil
10.4.1.1 Market Trends
10.4.1.2 Market Forecast
10.4.2 Mexico
10.4.2.1 Market Trends
10.4.2.2 Market Forecast
10.4.3 Others
10.4.3.1 Market Trends
10.4.3.2 Market Forecast
10.5 Middle East and Africa
10.5.1 Market Trends
10.5.2 Market Breakup by Country
10.5.3 Market Forecast
11 SWOT ANALYSIS
11.1 Overview
11.2 Strengths
11.3 Weaknesses
11.4 Opportunities
11.5 Threats
12 VALUE CHAIN ANALYSIS
13 PORTERS FIVE FORCES ANALYSIS
13.1 Overview
13.2 Bargaining Power of Buyers
13.3 Bargaining Power of Suppliers
13.4 Degree of Competition
13.5 Threat of New Entrants
13.6 Threat of Substitutes
14 PRICE INDICATORS
15 COMPETITIVE LANDSCAPE
15.1 Market Structure
15.2 Key Players
15.3 Profiles of Key Players
15.3.1 Toyota Motor Corporation
15.3.1.1 Company Overview
15.3.1.2 Product Portfolio
15.3.1.3 Financials
15.3.1.4 SWOT Analysis
15.3.2 Honda Motor Co. Ltd.
15.3.2.1 Company Overview
15.3.2.2 Product Portfolio
15.3.2.3 Financials
15.3.2.4 SWOT Analysis
15.3.3 Ford Motor Company
15.3.3.1 Company Overview
15.3.3.2 Product Portfolio
15.3.3.3 Financials
15.3.3.4 SWOT Analysis
15.3.4 Volkswagen Aktiengesellschaft
15.3.4.1 Company Overview
15.3.4.2 Product Portfolio
15.3.4.3 Financials
15.3.4.4 SWOT Analysis
15.3.5 General Motors Company
15.3.5.1 Company Overview
15.3.5.2 Product Portfolio
15.3.5.3 Financials
15.3.5.4 SWOT Analysis
15.3.6 Hyundai Motor Company
15.3.6.1 Company Overview
15.3.6.2 Product Portfolio
15.3.6.3 Financials
15.3.6.4 SWOT Analysis
15.3.7 Nissan Motor Corporation Ltd.
15.3.7.1 Company Overview
15.3.7.2 Product Portfolio
15.3.7.3 Financials
15.3.7.4 SWOT Analysis
2 SCOPE AND METHODOLOGY
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 EXECUTIVE SUMMARY
4 INTRODUCTION
4.1 Overview
4.2 Key Industry Trends
5 GLOBAL HYBRID ELECTRIC VEHICLE MARKET
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 MARKET BREAKUP BY PROPULSION TYPE
6.1 Full Hybrids
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Mild Hybrids
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Plug-in Hybrids
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Others
6.4.1 Market Trends
6.4.2 Market Forecast
7 MARKET BREAKUP BY CONFIGURATION TYPE
7.1 Series HEV
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Parallel HEV
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Combination HEV
7.3.1 Market Trends
7.3.2 Market Forecast
8 MARKET BREAKUP BY VEHICLE TYPE
8.1 Passenger Cars
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Commercial Vehicles
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Two-Wheelers
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Others
8.4.1 Market Trends
8.4.2 Market Forecast
9 MARKET BREAKUP BY POWER SOURCE
9.1 Stored Electricity
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 On Board Electric Generator
9.2.1 Market Trends
9.2.2 Market Forecast
10 MARKET BREAKUP BY REGION
10.1 North America
10.1.1 United States
10.1.1.1 Market Trends
10.1.1.2 Market Forecast
10.1.2 Canada
10.1.2.1 Market Trends
10.1.2.2 Market Forecast
10.2 Asia Pacific
10.2.1 China
10.2.1.1 Market Trends
10.2.1.2 Market Forecast
10.2.2 Japan
10.2.2.1 Market Trends
10.2.2.2 Market Forecast
10.2.3 India
10.2.3.1 Market Trends
10.2.3.2 Market Forecast
10.2.4 South Korea
10.2.4.1 Market Trends
10.2.4.2 Market Forecast
10.2.5 Australia
10.2.5.1 Market Trends
10.2.5.2 Market Forecast
10.2.6 Indonesia
10.2.6.1 Market Trends
10.2.6.2 Market Forecast
10.2.7 Others
10.2.7.1 Market Trends
10.2.7.2 Market Forecast
10.3 Europe
10.3.1 Germany
10.3.1.1 Market Trends
10.3.1.2 Market Forecast
10.3.2 France
10.3.2.1 Market Trends
10.3.2.2 Market Forecast
10.3.3 United Kingdom
10.3.3.1 Market Trends
10.3.3.2 Market Forecast
10.3.4 Italy
10.3.4.1 Market Trends
10.3.4.2 Market Forecast
10.3.5 Spain
10.3.5.1 Market Trends
10.3.5.2 Market Forecast
10.3.6 Russia
10.3.6.1 Market Trends
10.3.6.2 Market Forecast
10.3.7 Others
10.3.7.1 Market Trends
10.3.7.2 Market Forecast
10.4 Latin America
10.4.1 Brazil
10.4.1.1 Market Trends
10.4.1.2 Market Forecast
10.4.2 Mexico
10.4.2.1 Market Trends
10.4.2.2 Market Forecast
10.4.3 Others
10.4.3.1 Market Trends
10.4.3.2 Market Forecast
10.5 Middle East and Africa
10.5.1 Market Trends
10.5.2 Market Breakup by Country
10.5.3 Market Forecast
11 SWOT ANALYSIS
11.1 Overview
11.2 Strengths
11.3 Weaknesses
11.4 Opportunities
11.5 Threats
12 VALUE CHAIN ANALYSIS
13 PORTERS FIVE FORCES ANALYSIS
13.1 Overview
13.2 Bargaining Power of Buyers
13.3 Bargaining Power of Suppliers
13.4 Degree of Competition
13.5 Threat of New Entrants
13.6 Threat of Substitutes
14 PRICE INDICATORS
15 COMPETITIVE LANDSCAPE
15.1 Market Structure
15.2 Key Players
15.3 Profiles of Key Players
15.3.1 Toyota Motor Corporation
15.3.1.1 Company Overview
15.3.1.2 Product Portfolio
15.3.1.3 Financials
15.3.1.4 SWOT Analysis
15.3.2 Honda Motor Co. Ltd.
15.3.2.1 Company Overview
15.3.2.2 Product Portfolio
15.3.2.3 Financials
15.3.2.4 SWOT Analysis
15.3.3 Ford Motor Company
15.3.3.1 Company Overview
15.3.3.2 Product Portfolio
15.3.3.3 Financials
15.3.3.4 SWOT Analysis
15.3.4 Volkswagen Aktiengesellschaft
15.3.4.1 Company Overview
15.3.4.2 Product Portfolio
15.3.4.3 Financials
15.3.4.4 SWOT Analysis
15.3.5 General Motors Company
15.3.5.1 Company Overview
15.3.5.2 Product Portfolio
15.3.5.3 Financials
15.3.5.4 SWOT Analysis
15.3.6 Hyundai Motor Company
15.3.6.1 Company Overview
15.3.6.2 Product Portfolio
15.3.6.3 Financials
15.3.6.4 SWOT Analysis
15.3.7 Nissan Motor Corporation Ltd.
15.3.7.1 Company Overview
15.3.7.2 Product Portfolio
15.3.7.3 Financials
15.3.7.4 SWOT Analysis
LIST OF TABLES
Table 1: Global: Hybrid Electric Vehicle Market: Key Industry Highlights, 2022 and 2028
Table 2: Global: Hybrid Electric Vehicle Market Forecast: Breakup by Propulsion Type (in Million Units), 2023-2028
Table 3: Global: Hybrid Electric Vehicle Market Forecast: Breakup by Configuration Type (in Million Units), 2023-2028
Table 4: Global: Hybrid Electric Vehicle Market Forecast: Breakup by Vehicle Type (in Million Units), 2023-2028
Table 5: Global: Hybrid Electric Vehicle Market Forecast: Breakup by Power Source (in Million Units), 2023-2028
Table 6: Global: Hybrid Electric Vehicle Market Forecast: Breakup by Region (in Million Units), 2023-2028
Table 7: Global: Hybrid Electric Vehicle Market: Competitive Structure
Table 8: Global: Hybrid Electric Vehicle Market: Key Players
Table 1: Global: Hybrid Electric Vehicle Market: Key Industry Highlights, 2022 and 2028
Table 2: Global: Hybrid Electric Vehicle Market Forecast: Breakup by Propulsion Type (in Million Units), 2023-2028
Table 3: Global: Hybrid Electric Vehicle Market Forecast: Breakup by Configuration Type (in Million Units), 2023-2028
Table 4: Global: Hybrid Electric Vehicle Market Forecast: Breakup by Vehicle Type (in Million Units), 2023-2028
Table 5: Global: Hybrid Electric Vehicle Market Forecast: Breakup by Power Source (in Million Units), 2023-2028
Table 6: Global: Hybrid Electric Vehicle Market Forecast: Breakup by Region (in Million Units), 2023-2028
Table 7: Global: Hybrid Electric Vehicle Market: Competitive Structure
Table 8: Global: Hybrid Electric Vehicle Market: Key Players
LIST OF FIGURES
Figure 1: Global: Hybrid Electric Vehicle Market: Major Drivers and Challenges
Figure 2: Global: Hybrid Electric Vehicle Market: Sales Volume (in Million Units), 2017-2022
Figure 3: Global: Hybrid Electric Vehicle Market: Sales Value (in Billion US$), 2017-2022
Figure 4: Global: Hybrid Electric Vehicle Market: Breakup by Propulsion Type (in %), 2022
Figure 5: Global: Hybrid Electric Vehicle Market: Breakup by Configuration Type (in %), 2022
Figure 6: Global: Hybrid Electric Vehicle Market: Breakup by Vehicle Type (in %), 2022
Figure 7: Global: Hybrid Electric Vehicle Market: Breakup by Power Source (in %), 2022
Figure 8: Global: Hybrid Electric Vehicle Market: Breakup by Region (in %), 2022
Figure 9: Global: Hybrid Electric Vehicle Market Forecast: Sales Volume (in Million Units), 2023-2028
Figure 10: Global: Hybrid Electric Vehicle Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 11: Global: Hybrid Electric Vehicle (Full Hybrids) Market: Sales Volume (in Million Units), 2017 & 2022
Figure 12: Global: Hybrid Electric Vehicle (Full Hybrids) Market Forecast: Sales Volume (in Million Units), 2023-2028
Figure 13: Global: Hybrid Electric Vehicle (Mild Hybrids) Market: Sales Volume (in Million Units), 2017 & 2022
Figure 14: Global: Hybrid Electric Vehicle (Mild Hybrids) Market Forecast: Sales Volume (in Million Units), 2023-2028
Figure 15: Global: Hybrid Electric Vehicle (Plug-in Hybrids) Market: Sales Volume (in Million Units), 2017 & 2022
Figure 16: Global: Hybrid Electric Vehicle (Plug-in Hybrids) Market Forecast: Sales Volume (in Million Units), 2023-2028
Figure 17: Global: Hybrid Electric Vehicle (Others) Market: Sales Volume (in Million Units), 2017 & 2022
Figure 18: Global: Hybrid Electric Vehicle (Others) Market Forecast: Sales Volume (in Million Units), 2023-2028
Figure 19: Global: Hybrid Electric Vehicle (Series HEV) Market: Sales Volume (in Million Units), 2017 & 2022
Figure 20: Global: Hybrid Electric Vehicle (Series HEV) Market Forecast: Sales Volume (in Million Units), 2023-2028
Figure 21: Global: Hybrid Electric Vehicle (Parallel HEV) Market: Sales Volume (in Million Units), 2017 & 2022
Figure 22: Global: Hybrid Electric Vehicle (Parallel HEV) Market Forecast: Sales Volume (in Million Units), 2023-2028
Figure 23: Global: Hybrid Electric Vehicle (Combination HEV) Market: Sales Volume (in Million Units), 2017 & 2022
Figure 24: Global: Hybrid Electric Vehicle (Combination HEV) Market Forecast: Sales Volume (in Million Units), 2023-2028
Figure 25: Global: Hybrid Electric Vehicle (Passenger Cars) Market: Sales Volume (in Million Units), 2017 & 2022
Figure 26: Global: Hybrid Electric Vehicle (Passenger Cars) Market Forecast: Sales Volume (in Million Units), 2023-2028
Figure 27: Global: Hybrid Electric Vehicle (Commercial Vehicles) Market: Sales Volume (in Million Units), 2017 & 2022
Figure 28: Global: Hybrid Electric Vehicle (Commercial Vehicles) Market Forecast: Sales Volume (in Million Units), 2023-2028
Figure 29: Global: Hybrid Electric Vehicle (Two Wheelers) Market: Sales Volume (in Million Units), 2017 & 2022
Figure 30: Global: Hybrid Electric Vehicle (Two Wheelers) Market Forecast: Sales Volume (in Million Units), 2023-2028
Figure 31: Global: Hybrid Electric Vehicle (Others) Market: Sales Volume (in Million Units), 2017 & 2022
Figure 32: Global: Hybrid Electric Vehicle (Others) Market Forecast: Sales Volume (in Million Units), 2023-2028
Figure 33: Global: Hybrid Electric Vehicle (Stored Electricity) Market: Sales Volume (in Million Units), 2017 & 2022
Figure 34: Global: Hybrid Electric Vehicle (Stored Electricity) Market Forecast: Sales Volume (in Million Units), 2023-2028
Figure 35: Global: Hybrid Electric Vehicle (On Board Electric Generator) Market: Sales Volume (in Million Units), 2017 & 2022
Figure 36: Global: Hybrid Electric Vehicle (On Board Electric Generator) Market Forecast: Sales Volume (in Million Units), 2023-2028
Figure 37: North America: Hybrid Electric Vehicle Market: Sales Volume (in Million Units), 2017 & 2022
Figure 38: North America: Hybrid Electric Vehicle Market Forecast: Sales Volume (in Million Units), 2023-2028
Figure 39: United States: Hybrid Electric Vehicle Market: Sales Volume (in Million Units), 2017 & 2022
Figure 40: United States: Hybrid Electric Vehicle Market Forecast: Sales Volume (in Million Units), 2023-2028
Figure 41: Canada: Hybrid Electric Vehicle Market: Sales Volume (in Million Units), 2017 & 2022
Figure 42: Canada: Hybrid Electric Vehicle Market Forecast: Sales Volume (in Million Units), 2023-2028
Figure 43: Asia Pacific: Hybrid Electric Vehicle Market: Sales Volume (in Million Units), 2017 & 2022
Figure 44: Asia Pacific: Hybrid Electric Vehicle Market Forecast: Sales Volume (in Million Units), 2023-2028
Figure 45: China: Hybrid Electric Vehicle Market: Sales Volume (in Million Units), 2017 & 2022
Figure 46: China: Hybrid Electric Vehicle Market Forecast: Sales Volume (in Million Units), 2023-2028
Figure 47: Japan: Hybrid Electric Vehicle Market: Sales Volume (in Million Units), 2017 & 2022
Figure 48: Japan: Hybrid Electric Vehicle Market Forecast: Sales Volume (in Million Units), 2023-2028
Figure 49: India: Hybrid Electric Vehicle Market: Sales Volume (in Million Units), 2017 & 2022
Figure 50: India: Hybrid Electric Vehicle Market Forecast: Sales Volume (in Million Units), 2023-2028
Figure 51: South Korea: Hybrid Electric Vehicle Market: Sales Volume (in Million Units), 2017 & 2022
Figure 52: South Korea: Hybrid Electric Vehicle Market Forecast: Sales Volume (in Million Units), 2023-2028
Figure 53: Australia: Hybrid Electric Vehicle Market: Sales Volume (in Million Units), 2017 & 2022
Figure 54: Australia: Hybrid Electric Vehicle Market Forecast: Sales Volume (in Million Units), 2023-2028
Figure 55: Indonesia: Hybrid Electric Vehicle Market: Sales Volume (in Million Units), 2017 & 2022
Figure 56: Indonesia: Hybrid Electric Vehicle Market Forecast: Sales Volume (in Million Units), 2023-2028
Figure 57: Others: Hybrid Electric Vehicle Market: Sales Volume (in Million Units), 2017 & 2022
Figure 58: Others: Hybrid Electric Vehicle Market Forecast: Sales Volume (in Million Units), 2023-2028
Figure 59: Europe: Hybrid Electric Vehicle Market: Sales Volume (in Million Units), 2017 & 2022
Figure 60: Europe: Hybrid Electric Vehicle Market Forecast: Sales Volume (in Million Units), 2023-2028
Figure 61: Germany: Hybrid Electric Vehicle Market: Sales Volume (in Million Units), 2017 & 2022
Figure 62: Germany: Hybrid Electric Vehicle Market Forecast: Sales Volume (in Million Units), 2023-2028
Figure 63: France: Hybrid Electric Vehicle Market: Sales Volume (in Million Units), 2017 & 2022
Figure 64: France: Hybrid Electric Vehicle Market Forecast: Sales Volume (in Million Units), 2023-2028
Figure 65: United Kingdom: Hybrid Electric Vehicle Market: Sales Volume (in Million Units), 2017 & 2022
Figure 66: United Kingdom: Hybrid Electric Vehicle Market Forecast: Sales Volume (in Million Units), 2023-2028
Figure 67: Italy: Hybrid Electric Vehicle Market: Sales Volume (in Million Units), 2017 & 2022
Figure 68: Italy: Hybrid Electric Vehicle Market Forecast: Sales Volume (in Million Units), 2023-2028
Figure 69: Spain: Hybrid Electric Vehicle Market: Sales Volume (in Million Units), 2017 & 2022
Figure 70: Spain: Hybrid Electric Vehicle Market Forecast: Sales Volume (in Million Units), 2023-2028
Figure 71: Russia: Hybrid Electric Vehicle Market: Sales Volume (in Million Units), 2017 & 2022
Figure 72: Russia: Hybrid Electric Vehicle Market Forecast: Sales Volume (in Million Units), 2023-2028
Figure 73: Others: Hybrid Electric Vehicle Market: Sales Volume (in Million Units), 2017 & 2022
Figure 74: Others: Hybrid Electric Vehicle Market Forecast: Sales Volume (in Million Units), 2023-2028
Figure 75: Latin America: Hybrid Electric Vehicle Market: Sales Volume (in Million Units), 2017 & 2022
Figure 76: Latin America: Hybrid Electric Vehicle Market Forecast: Sales Volume (in Million Units), 2023-2028
Figure 77: Brazil: Hybrid Electric Vehicle Market: Sales Volume (in Million Units), 2017 & 2022
Figure 78: Brazil: Hybrid Electric Vehicle Market Forecast: Sales Volume (in Million Units), 2023-2028
Figure 79: Mexico: Hybrid Electric Vehicle Market: Sales Volume (in Million Units), 2017 & 2022
Figure 80: Mexico: Hybrid Electric Vehicle Market Forecast: Sales Volume (in Million Units), 2023-2028
Figure 81: Others: Hybrid Electric Vehicle Market: Sales Volume (in Million Units), 2017 & 2022
Figure 82: Others: Hybrid Electric Vehicle Market Forecast: Sales Volume (in Million Units), 2023-2028
Figure 83: Middle East and Africa: Hybrid Electric Vehicle Market: Sales Volume (in Million Units), 2017 & 2022
Figure 84: Middle East and Africa: Hybrid Electric Vehicle Market Forecast: Sales Volume (in Million Units), 2023-2028
Figure 85: Global: Hybrid Electric Vehicle Industry: SWOT Analysis
Figure 86: Global: Hybrid Electric Vehicle Industry: Value Chain Analysis
Figure 87: Global: Hybrid Electric Vehicle Industry: Porter’s Five Forces Analysis
Figure 1: Global: Hybrid Electric Vehicle Market: Major Drivers and Challenges
Figure 2: Global: Hybrid Electric Vehicle Market: Sales Volume (in Million Units), 2017-2022
Figure 3: Global: Hybrid Electric Vehicle Market: Sales Value (in Billion US$), 2017-2022
Figure 4: Global: Hybrid Electric Vehicle Market: Breakup by Propulsion Type (in %), 2022
Figure 5: Global: Hybrid Electric Vehicle Market: Breakup by Configuration Type (in %), 2022
Figure 6: Global: Hybrid Electric Vehicle Market: Breakup by Vehicle Type (in %), 2022
Figure 7: Global: Hybrid Electric Vehicle Market: Breakup by Power Source (in %), 2022
Figure 8: Global: Hybrid Electric Vehicle Market: Breakup by Region (in %), 2022
Figure 9: Global: Hybrid Electric Vehicle Market Forecast: Sales Volume (in Million Units), 2023-2028
Figure 10: Global: Hybrid Electric Vehicle Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 11: Global: Hybrid Electric Vehicle (Full Hybrids) Market: Sales Volume (in Million Units), 2017 & 2022
Figure 12: Global: Hybrid Electric Vehicle (Full Hybrids) Market Forecast: Sales Volume (in Million Units), 2023-2028
Figure 13: Global: Hybrid Electric Vehicle (Mild Hybrids) Market: Sales Volume (in Million Units), 2017 & 2022
Figure 14: Global: Hybrid Electric Vehicle (Mild Hybrids) Market Forecast: Sales Volume (in Million Units), 2023-2028
Figure 15: Global: Hybrid Electric Vehicle (Plug-in Hybrids) Market: Sales Volume (in Million Units), 2017 & 2022
Figure 16: Global: Hybrid Electric Vehicle (Plug-in Hybrids) Market Forecast: Sales Volume (in Million Units), 2023-2028
Figure 17: Global: Hybrid Electric Vehicle (Others) Market: Sales Volume (in Million Units), 2017 & 2022
Figure 18: Global: Hybrid Electric Vehicle (Others) Market Forecast: Sales Volume (in Million Units), 2023-2028
Figure 19: Global: Hybrid Electric Vehicle (Series HEV) Market: Sales Volume (in Million Units), 2017 & 2022
Figure 20: Global: Hybrid Electric Vehicle (Series HEV) Market Forecast: Sales Volume (in Million Units), 2023-2028
Figure 21: Global: Hybrid Electric Vehicle (Parallel HEV) Market: Sales Volume (in Million Units), 2017 & 2022
Figure 22: Global: Hybrid Electric Vehicle (Parallel HEV) Market Forecast: Sales Volume (in Million Units), 2023-2028
Figure 23: Global: Hybrid Electric Vehicle (Combination HEV) Market: Sales Volume (in Million Units), 2017 & 2022
Figure 24: Global: Hybrid Electric Vehicle (Combination HEV) Market Forecast: Sales Volume (in Million Units), 2023-2028
Figure 25: Global: Hybrid Electric Vehicle (Passenger Cars) Market: Sales Volume (in Million Units), 2017 & 2022
Figure 26: Global: Hybrid Electric Vehicle (Passenger Cars) Market Forecast: Sales Volume (in Million Units), 2023-2028
Figure 27: Global: Hybrid Electric Vehicle (Commercial Vehicles) Market: Sales Volume (in Million Units), 2017 & 2022
Figure 28: Global: Hybrid Electric Vehicle (Commercial Vehicles) Market Forecast: Sales Volume (in Million Units), 2023-2028
Figure 29: Global: Hybrid Electric Vehicle (Two Wheelers) Market: Sales Volume (in Million Units), 2017 & 2022
Figure 30: Global: Hybrid Electric Vehicle (Two Wheelers) Market Forecast: Sales Volume (in Million Units), 2023-2028
Figure 31: Global: Hybrid Electric Vehicle (Others) Market: Sales Volume (in Million Units), 2017 & 2022
Figure 32: Global: Hybrid Electric Vehicle (Others) Market Forecast: Sales Volume (in Million Units), 2023-2028
Figure 33: Global: Hybrid Electric Vehicle (Stored Electricity) Market: Sales Volume (in Million Units), 2017 & 2022
Figure 34: Global: Hybrid Electric Vehicle (Stored Electricity) Market Forecast: Sales Volume (in Million Units), 2023-2028
Figure 35: Global: Hybrid Electric Vehicle (On Board Electric Generator) Market: Sales Volume (in Million Units), 2017 & 2022
Figure 36: Global: Hybrid Electric Vehicle (On Board Electric Generator) Market Forecast: Sales Volume (in Million Units), 2023-2028
Figure 37: North America: Hybrid Electric Vehicle Market: Sales Volume (in Million Units), 2017 & 2022
Figure 38: North America: Hybrid Electric Vehicle Market Forecast: Sales Volume (in Million Units), 2023-2028
Figure 39: United States: Hybrid Electric Vehicle Market: Sales Volume (in Million Units), 2017 & 2022
Figure 40: United States: Hybrid Electric Vehicle Market Forecast: Sales Volume (in Million Units), 2023-2028
Figure 41: Canada: Hybrid Electric Vehicle Market: Sales Volume (in Million Units), 2017 & 2022
Figure 42: Canada: Hybrid Electric Vehicle Market Forecast: Sales Volume (in Million Units), 2023-2028
Figure 43: Asia Pacific: Hybrid Electric Vehicle Market: Sales Volume (in Million Units), 2017 & 2022
Figure 44: Asia Pacific: Hybrid Electric Vehicle Market Forecast: Sales Volume (in Million Units), 2023-2028
Figure 45: China: Hybrid Electric Vehicle Market: Sales Volume (in Million Units), 2017 & 2022
Figure 46: China: Hybrid Electric Vehicle Market Forecast: Sales Volume (in Million Units), 2023-2028
Figure 47: Japan: Hybrid Electric Vehicle Market: Sales Volume (in Million Units), 2017 & 2022
Figure 48: Japan: Hybrid Electric Vehicle Market Forecast: Sales Volume (in Million Units), 2023-2028
Figure 49: India: Hybrid Electric Vehicle Market: Sales Volume (in Million Units), 2017 & 2022
Figure 50: India: Hybrid Electric Vehicle Market Forecast: Sales Volume (in Million Units), 2023-2028
Figure 51: South Korea: Hybrid Electric Vehicle Market: Sales Volume (in Million Units), 2017 & 2022
Figure 52: South Korea: Hybrid Electric Vehicle Market Forecast: Sales Volume (in Million Units), 2023-2028
Figure 53: Australia: Hybrid Electric Vehicle Market: Sales Volume (in Million Units), 2017 & 2022
Figure 54: Australia: Hybrid Electric Vehicle Market Forecast: Sales Volume (in Million Units), 2023-2028
Figure 55: Indonesia: Hybrid Electric Vehicle Market: Sales Volume (in Million Units), 2017 & 2022
Figure 56: Indonesia: Hybrid Electric Vehicle Market Forecast: Sales Volume (in Million Units), 2023-2028
Figure 57: Others: Hybrid Electric Vehicle Market: Sales Volume (in Million Units), 2017 & 2022
Figure 58: Others: Hybrid Electric Vehicle Market Forecast: Sales Volume (in Million Units), 2023-2028
Figure 59: Europe: Hybrid Electric Vehicle Market: Sales Volume (in Million Units), 2017 & 2022
Figure 60: Europe: Hybrid Electric Vehicle Market Forecast: Sales Volume (in Million Units), 2023-2028
Figure 61: Germany: Hybrid Electric Vehicle Market: Sales Volume (in Million Units), 2017 & 2022
Figure 62: Germany: Hybrid Electric Vehicle Market Forecast: Sales Volume (in Million Units), 2023-2028
Figure 63: France: Hybrid Electric Vehicle Market: Sales Volume (in Million Units), 2017 & 2022
Figure 64: France: Hybrid Electric Vehicle Market Forecast: Sales Volume (in Million Units), 2023-2028
Figure 65: United Kingdom: Hybrid Electric Vehicle Market: Sales Volume (in Million Units), 2017 & 2022
Figure 66: United Kingdom: Hybrid Electric Vehicle Market Forecast: Sales Volume (in Million Units), 2023-2028
Figure 67: Italy: Hybrid Electric Vehicle Market: Sales Volume (in Million Units), 2017 & 2022
Figure 68: Italy: Hybrid Electric Vehicle Market Forecast: Sales Volume (in Million Units), 2023-2028
Figure 69: Spain: Hybrid Electric Vehicle Market: Sales Volume (in Million Units), 2017 & 2022
Figure 70: Spain: Hybrid Electric Vehicle Market Forecast: Sales Volume (in Million Units), 2023-2028
Figure 71: Russia: Hybrid Electric Vehicle Market: Sales Volume (in Million Units), 2017 & 2022
Figure 72: Russia: Hybrid Electric Vehicle Market Forecast: Sales Volume (in Million Units), 2023-2028
Figure 73: Others: Hybrid Electric Vehicle Market: Sales Volume (in Million Units), 2017 & 2022
Figure 74: Others: Hybrid Electric Vehicle Market Forecast: Sales Volume (in Million Units), 2023-2028
Figure 75: Latin America: Hybrid Electric Vehicle Market: Sales Volume (in Million Units), 2017 & 2022
Figure 76: Latin America: Hybrid Electric Vehicle Market Forecast: Sales Volume (in Million Units), 2023-2028
Figure 77: Brazil: Hybrid Electric Vehicle Market: Sales Volume (in Million Units), 2017 & 2022
Figure 78: Brazil: Hybrid Electric Vehicle Market Forecast: Sales Volume (in Million Units), 2023-2028
Figure 79: Mexico: Hybrid Electric Vehicle Market: Sales Volume (in Million Units), 2017 & 2022
Figure 80: Mexico: Hybrid Electric Vehicle Market Forecast: Sales Volume (in Million Units), 2023-2028
Figure 81: Others: Hybrid Electric Vehicle Market: Sales Volume (in Million Units), 2017 & 2022
Figure 82: Others: Hybrid Electric Vehicle Market Forecast: Sales Volume (in Million Units), 2023-2028
Figure 83: Middle East and Africa: Hybrid Electric Vehicle Market: Sales Volume (in Million Units), 2017 & 2022
Figure 84: Middle East and Africa: Hybrid Electric Vehicle Market Forecast: Sales Volume (in Million Units), 2023-2028
Figure 85: Global: Hybrid Electric Vehicle Industry: SWOT Analysis
Figure 86: Global: Hybrid Electric Vehicle Industry: Value Chain Analysis
Figure 87: Global: Hybrid Electric Vehicle Industry: Porter’s Five Forces Analysis
