City of Industry, CA -- (SBWIRE) -- 07/02/2019 -- This study focuses on the production side and consumption side of Hybrid Electric Vehicles, presents the global Hybrid Electric Vehicles market size by manufacturers, regions, type and application, history breakdown data from 2013 to 2018, and forecast to 2025.
In terms of production side, this report researches the Hybrid Electric Vehicles capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and product type.
In terms of consumption side, this report focuses on the consumption of Hybrid Electric Vehicles by regions and application. The key regions like North America, Europe, Asia-Pacific, Central & South America, Middle East and Africa etc.
A hybrid electric vehicle (HEV) is a type of hybrid vehicle that combines a conventional internal combustion engine (ICE) system with an electric propulsion system (hybrid vehicle drivetrain). The presence of the electric powertrain is intended to achieve either better fuel economy than a conventional vehicle or better performance. There is a variety of HEV types, and the degree to which each functions as an electric vehicle (EV) also varies. The most common form of HEV is the hybrid electric car, although hybrid electric trucks (pickups and tractors) and buses also exist.
The introduction of stringent regulations on emissions is one of the major factors that will have a positive impact on the growth of this market in the coming years. To minimize the negative effects of global warming and to reduce GHG emissions, governments of several countries across the globe have started introducing stringent emission norms. For instance, the European Union norms of 2009 set CO? emission level for new passenger cars at 130g/km. The European Union also introduced the Euro VI norms in 2016, which set the emission of nitrogen oxide below 0.4g/kWh and other emissions under 0.01g/kWh. Analysts predict that the countries such as Australia, Mexico, Russia, and Brazil will also implement stringent emission standards during the coming years, which, in turn, will propel the demand for hybrid vehicles during the estimated period.
APAC is estimated to be the major revenue contributor to the market throughout the next four years. The increasing focus of governments in this region in promoting the adoption of battery electric vehicles and hybrid vehicles coupled with the rising demand for alternative fuel vehicles (AFV), will drive the prospects for market growth in this region. Additionally, the economic growth of emerging countries such as China and India will also result in rapid infrastructure development to support the use of hybrid vehicles.
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In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Hybrid Electric Vehicles.
This report includes the following manufacturers; we can also add the other companies as you want.
Toyota
Hyundai
Honda
Ford
Nissan
...
Market Segment by Product Type
Commercial
Luxury Sedan
SUV
Mid-Luxury
Entry-Level
Market Segment by Application
Commercial
Industrial
Others
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