Hybrid Car Market
Hybrid Car Market - Global Industry Assessment & Forecast
#
Pages:
210
Base Year:
2023
Apr - 2024
Format:
Report Code:
VMR-2458
Segments Covered
By
Electric Powertrain Type Series Hybrid, Parallel Hybrid, Combined Hybrid
-
By
Component Type Battery, Electric Motor, Transmission
-
By
Propulsion HEV, PHEV, NGV
-
By
Degree of Hybridization Fully hybrid, Mild hybrid, Plug-in-Hybrid
-
By
Vehicle Type Hatchback, Sedan, Compact SUV, SUV
-
By
Region North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Snapshot
 Base Year:
|
2023 |
| Forecast
Years:
|
2024 - 2032 |
 Historical
Years:
|
2018 - 2022 |
 Revenue
2023: |
USD 230.4 Billion |
 Revenue 2032:
|
USD 598.4 Billion |
 Revenue CAGR
(2024 - 2032): |
11.2% |
Fastest Growing Region (2024 -
2032)
|
Asia Pacific |
Largest Region (2023):
|
Asia Pacific |
Customization Offered
Cross-segment Market Size and
Analysis
for Mentioned Segments- Additional Company Profiles (Upto 5
With
No Cost)
- Additional Countries (Apart From
Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request
Customization Speak To
Analyst
Hybrid Car Market Segment Analysis
- Hybrid Car Electric Powertrain Type Outlook (Revenue, USD Million, 2018 - 2030)
- Series Hybrid
- Parallel Hybrid
- Combined Hybrid
- Hybrid Car Component Type Outlook (Revenue, USD Million, 2018 - 2030)
- Battery
- Electric Motor
- Transmission
- Hybrid Car Propulsion Outlook (Revenue, USD Million, 2018 - 2030)
- HEV
- PHEV
- NGV
- Hybrid Car Degree of Hybridization Outlook (Revenue, USD Million, 2018 - 2030)
- Fully hybrid
- Mild hybrid
- Plug-in-Hybrid
- Hybrid Car Vehicle Type Outlook (Revenue, USD Million, 2018 - 2030)
- Hatchback
- Sedan
- Compact SUV
- SUV
-
Regional Outlook (Revenue, USD Billion/Million, 2018 - 2030)
- North America
-
North America Hybrid Car Market, by Electric Powertrain Type
- Series Hybrid
- Parallel Hybrid
- Combined Hybrid
-
North America Hybrid Car Market, by Component Type
- Battery
- Electric Motor
- Transmission
-
North America Hybrid Car Market, by Propulsion
- HEV
- PHEV
- NGV
-
North America Hybrid Car Market, by Degree of Hybridization
- Fully hybrid
- Mild hybrid
- Plug-in-Hybrid
-
North America Hybrid Car Market, by Vehicle Type
- Hatchback
- Sedan
- Compact SUV
- SUV
- U.S.
- U.S. Hybrid Car Market, by Electric Powertrain Type
- Series Hybrid
- Parallel Hybrid
- Combined Hybrid
- U.S. Hybrid Car Market, by Component Type
- Battery
- Electric Motor
- Transmission
- U.S. Hybrid Car Market, by Propulsion
- HEV
- PHEV
- NGV
- U.S. Hybrid Car Market, by Degree of Hybridization
- Fully hybrid
- Mild hybrid
- Plug-in-Hybrid
- U.S. Hybrid Car Market, by Vehicle Type
- Hatchback
- Sedan
- Compact SUV
- SUV
- U.S. Hybrid Car Market, by Electric Powertrain Type
- Canada
- Canada Hybrid Car Market, by Electric Powertrain Type
- Series Hybrid
- Parallel Hybrid
- Combined Hybrid
- Canada Hybrid Car Market, by Component Type
- Battery
- Electric Motor
- Transmission
- Canada Hybrid Car Market, by Propulsion
- HEV
- PHEV
- NGV
- Canada Hybrid Car Market, by Degree of Hybridization
- Fully hybrid
- Mild hybrid
- Plug-in-Hybrid
- Canada Hybrid Car Market, by Vehicle Type
- Hatchback
- Sedan
- Compact SUV
- SUV
- Canada Hybrid Car Market, by Electric Powertrain Type
-
Mexico
- Mexico Hybrid Car Market, by Electric Powertrain Type
- Series Hybrid
- Parallel Hybrid
- Combined Hybrid
- Mexico Hybrid Car Market, by Component Type
- Battery
- Electric Motor
- Transmission
- Mexico Hybrid Car Market, by Propulsion
- HEV
- PHEV
- NGV
- Mexico Hybrid Car Market, by Degree of Hybridization
- Fully hybrid
- Mild hybrid
- Plug-in-Hybrid
- Mexico Hybrid Car Market, by Vehicle Type
- Hatchback
- Sedan
- Compact SUV
- SUV
- Mexico Hybrid Car Market, by Electric Powertrain Type
-
North America Hybrid Car Market, by Electric Powertrain Type
- Europe
-
Europe Hybrid Car Market, by Electric Powertrain Type
- Series Hybrid
- Parallel Hybrid
- Combined Hybrid
-
Europe Hybrid Car Market, by Component Type
- Battery
- Electric Motor
- Transmission
-
Europe Hybrid Car Market, by Propulsion
- HEV
- PHEV
- NGV
-
Europe Hybrid Car Market, by Degree of Hybridization
- Fully hybrid
- Mild hybrid
- Plug-in-Hybrid
-
Europe Hybrid Car Market, by Vehicle Type
- Hatchback
- Sedan
- Compact SUV
- SUV
- U. K.
- U.K. Hybrid Car Market, by Electric Powertrain Type
- Series Hybrid
- Parallel Hybrid
- Combined Hybrid
- U.K. Hybrid Car Market, by Component Type
- Battery
- Electric Motor
- Transmission
- U.K. Hybrid Car Market, by Propulsion
- HEV
- PHEV
- NGV
- U.K. Hybrid Car Market, by Degree of Hybridization
- Fully hybrid
- Mild hybrid
- Plug-in-Hybrid
- U.K. Hybrid Car Market, by Vehicle Type
- Hatchback
- Sedan
- Compact SUV
- SUV
- U.K. Hybrid Car Market, by Electric Powertrain Type
- France
- France Hybrid Car Market, by Electric Powertrain Type
- Series Hybrid
- Parallel Hybrid
- Combined Hybrid
- France Hybrid Car Market, by Component Type
- Battery
- Electric Motor
- Transmission
- France Hybrid Car Market, by Propulsion
- HEV
- PHEV
- NGV
- France Hybrid Car Market, by Degree of Hybridization
- Fully hybrid
- Mild hybrid
- Plug-in-Hybrid
- France Hybrid Car Market, by Vehicle Type
- Hatchback
- Sedan
- Compact SUV
- SUV
- France Hybrid Car Market, by Electric Powertrain Type
-
Germany
- Germany Hybrid Car Market, by Electric Powertrain Type
- Series Hybrid
- Parallel Hybrid
- Combined Hybrid
- Germany Hybrid Car Market, by Component Type
- Battery
- Electric Motor
- Transmission
- Germany Hybrid Car Market, by Propulsion
- HEV
- PHEV
- NGV
- Germany Hybrid Car Market, by Degree of Hybridization
- Fully hybrid
- Mild hybrid
- Plug-in-Hybrid
- Germany Hybrid Car Market, by Vehicle Type
- Hatchback
- Sedan
- Compact SUV
- SUV
- Germany Hybrid Car Market, by Electric Powertrain Type
-
Italy
- Italy Hybrid Car Market, by Electric Powertrain Type
- Series Hybrid
- Parallel Hybrid
- Combined Hybrid
- Italy Hybrid Car Market, by Component Type
- Battery
- Electric Motor
- Transmission
- Italy Hybrid Car Market, by Propulsion
- HEV
- PHEV
- NGV
- Italy Hybrid Car Market, by Degree of Hybridization
- Fully hybrid
- Mild hybrid
- Plug-in-Hybrid
- Italy Hybrid Car Market, by Vehicle Type
- Hatchback
- Sedan
- Compact SUV
- SUV
- Italy Hybrid Car Market, by Electric Powertrain Type
-
Spain
- Spain Hybrid Car Market, by Electric Powertrain Type
- Series Hybrid
- Parallel Hybrid
- Combined Hybrid
- Spain Hybrid Car Market, by Component Type
- Battery
- Electric Motor
- Transmission
- Spain Hybrid Car Market, by Propulsion
- HEV
- PHEV
- NGV
- Spain Hybrid Car Market, by Degree of Hybridization
- Fully hybrid
- Mild hybrid
- Plug-in-Hybrid
- Spain Hybrid Car Market, by Vehicle Type
- Hatchback
- Sedan
- Compact SUV
- SUV
- Spain Hybrid Car Market, by Electric Powertrain Type
-
Rest of Europe
- Rest of Europe Hybrid Car Market, by Electric Powertrain Type
- Series Hybrid
- Parallel Hybrid
- Combined Hybrid
- Rest of Europe Hybrid Car Market, by Component Type
- Battery
- Electric Motor
- Transmission
- Rest of Europe Hybrid Car Market, by Propulsion
- HEV
- PHEV
- NGV
- Rest of Europe Hybrid Car Market, by Degree of Hybridization
- Fully hybrid
- Mild hybrid
- Plug-in-Hybrid
- Rest of Europe Hybrid Car Market, by Vehicle Type
- Hatchback
- Sedan
- Compact SUV
- SUV
- Rest of Europe Hybrid Car Market, by Electric Powertrain Type
-
Europe Hybrid Car Market, by Electric Powertrain Type
- Asia Pacific
-
Asia Pacific Hybrid Car Market, by Electric Powertrain Type
- Series Hybrid
- Parallel Hybrid
- Combined Hybrid
-
Asia Pacific Hybrid Car Market, by Component Type
- Battery
- Electric Motor
- Transmission
-
Asia Pacific Hybrid Car Market, by Propulsion
- HEV
- PHEV
- NGV
-
Asia Pacific Hybrid Car Market, by Degree of Hybridization
- Fully hybrid
- Mild hybrid
- Plug-in-Hybrid
-
Asia Pacific Hybrid Car Market, by Vehicle Type
- Hatchback
- Sedan
- Compact SUV
- SUV
- China
- China Hybrid Car Market, by Electric Powertrain Type
- Series Hybrid
- Parallel Hybrid
- Combined Hybrid
- China Hybrid Car Market, by Component Type
- Battery
- Electric Motor
- Transmission
- China Hybrid Car Market, by Propulsion
- HEV
- PHEV
- NGV
- China Hybrid Car Market, by Degree of Hybridization
- Fully hybrid
- Mild hybrid
- Plug-in-Hybrid
- China Hybrid Car Market, by Vehicle Type
- Hatchback
- Sedan
- Compact SUV
- SUV
- China Hybrid Car Market, by Electric Powertrain Type
- Japan
- Japan Hybrid Car Market, by Electric Powertrain Type
- Series Hybrid
- Parallel Hybrid
- Combined Hybrid
- Japan Hybrid Car Market, by Component Type
- Battery
- Electric Motor
- Transmission
- Japan Hybrid Car Market, by Propulsion
- HEV
- PHEV
- NGV
- Japan Hybrid Car Market, by Degree of Hybridization
- Fully hybrid
- Mild hybrid
- Plug-in-Hybrid
- Japan Hybrid Car Market, by Vehicle Type
- Hatchback
- Sedan
- Compact SUV
- SUV
- Japan Hybrid Car Market, by Electric Powertrain Type
-
Germany
- Germany Hybrid Car Market, by Electric Powertrain Type
- Series Hybrid
- Parallel Hybrid
- Combined Hybrid
- Germany Hybrid Car Market, by Component Type
- Battery
- Electric Motor
- Transmission
- Germany Hybrid Car Market, by Propulsion
- HEV
- PHEV
- NGV
- Germany Hybrid Car Market, by Degree of Hybridization
- Fully hybrid
- Mild hybrid
- Plug-in-Hybrid
- Germany Hybrid Car Market, by Vehicle Type
- Hatchback
- Sedan
- Compact SUV
- SUV
- Germany Hybrid Car Market, by Electric Powertrain Type
-
India
- India Hybrid Car Market, by Electric Powertrain Type
- Series Hybrid
- Parallel Hybrid
- Combined Hybrid
- India Hybrid Car Market, by Component Type
- Battery
- Electric Motor
- Transmission
- India Hybrid Car Market, by Propulsion
- HEV
- PHEV
- NGV
- India Hybrid Car Market, by Degree of Hybridization
- Fully hybrid
- Mild hybrid
- Plug-in-Hybrid
- India Hybrid Car Market, by Vehicle Type
- Hatchback
- Sedan
- Compact SUV
- SUV
- India Hybrid Car Market, by Electric Powertrain Type
-
South Korea
- South Korea Hybrid Car Market, by Electric Powertrain Type
- Series Hybrid
- Parallel Hybrid
- Combined Hybrid
- South Korea Hybrid Car Market, by Component Type
- Battery
- Electric Motor
- Transmission
- South Korea Hybrid Car Market, by Propulsion
- HEV
- PHEV
- NGV
- South Korea Hybrid Car Market, by Degree of Hybridization
- Fully hybrid
- Mild hybrid
- Plug-in-Hybrid
- South Korea Hybrid Car Market, by Vehicle Type
- Hatchback
- Sedan
- Compact SUV
- SUV
- South Korea Hybrid Car Market, by Electric Powertrain Type
-
South East Asia
- South East Asia Hybrid Car Market, by Electric Powertrain Type
- Series Hybrid
- Parallel Hybrid
- Combined Hybrid
- South East Asia Hybrid Car Market, by Component Type
- Battery
- Electric Motor
- Transmission
- South East Asia Hybrid Car Market, by Propulsion
- HEV
- PHEV
- NGV
- South East Asia Hybrid Car Market, by Degree of Hybridization
- Fully hybrid
- Mild hybrid
- Plug-in-Hybrid
- South East Asia Hybrid Car Market, by Vehicle Type
- Hatchback
- Sedan
- Compact SUV
- SUV
- South East Asia Hybrid Car Market, by Electric Powertrain Type
-
Rest of Asia Pacific
- Rest of Asia Pacific Hybrid Car Market, by Electric Powertrain Type
- Series Hybrid
- Parallel Hybrid
- Combined Hybrid
- Rest of Asia Pacific Hybrid Car Market, by Component Type
- Battery
- Electric Motor
- Transmission
- Rest of Asia Pacific Hybrid Car Market, by Propulsion
- HEV
- PHEV
- NGV
- Rest of Asia Pacific Hybrid Car Market, by Degree of Hybridization
- Fully hybrid
- Mild hybrid
- Plug-in-Hybrid
- Rest of Asia Pacific Hybrid Car Market, by Vehicle Type
- Hatchback
- Sedan
- Compact SUV
- SUV
- Rest of Asia Pacific Hybrid Car Market, by Electric Powertrain Type
-
Asia Pacific Hybrid Car Market, by Electric Powertrain Type
- Latin America
-
Latin America Hybrid Car Market, by Electric Powertrain Type
- Series Hybrid
- Parallel Hybrid
- Combined Hybrid
-
Latin America Hybrid Car Market, by Component Type
- Battery
- Electric Motor
- Transmission
-
Latin America Hybrid Car Market, by Propulsion
- HEV
- PHEV
- NGV
-
Latin America Hybrid Car Market, by Degree of Hybridization
- Fully hybrid
- Mild hybrid
- Plug-in-Hybrid
-
Latin America Hybrid Car Market, by Vehicle Type
- Hatchback
- Sedan
- Compact SUV
- SUV
- Brazil
- Brazil Hybrid Car Market, by Electric Powertrain Type
- Series Hybrid
- Parallel Hybrid
- Combined Hybrid
- Brazil Hybrid Car Market, by Component Type
- Battery
- Electric Motor
- Transmission
- Brazil Hybrid Car Market, by Propulsion
- HEV
- PHEV
- NGV
- Brazil Hybrid Car Market, by Degree of Hybridization
- Fully hybrid
- Mild hybrid
- Plug-in-Hybrid
- Brazil Hybrid Car Market, by Vehicle Type
- Hatchback
- Sedan
- Compact SUV
- SUV
- Brazil Hybrid Car Market, by Electric Powertrain Type
- Argentina
- Argentina Hybrid Car Market, by Electric Powertrain Type
- Series Hybrid
- Parallel Hybrid
- Combined Hybrid
- Argentina Hybrid Car Market, by Component Type
- Battery
- Electric Motor
- Transmission
- Argentina Hybrid Car Market, by Propulsion
- HEV
- PHEV
- NGV
- Argentina Hybrid Car Market, by Degree of Hybridization
- Fully hybrid
- Mild hybrid
- Plug-in-Hybrid
- Argentina Hybrid Car Market, by Vehicle Type
- Hatchback
- Sedan
- Compact SUV
- SUV
- Argentina Hybrid Car Market, by Electric Powertrain Type
-
Rest of Latin America
- Rest of Latin America Hybrid Car Market, by Electric Powertrain Type
- Series Hybrid
- Parallel Hybrid
- Combined Hybrid
- Rest of Latin America Hybrid Car Market, by Component Type
- Battery
- Electric Motor
- Transmission
- Rest of Latin America Hybrid Car Market, by Propulsion
- HEV
- PHEV
- NGV
- Rest of Latin America Hybrid Car Market, by Degree of Hybridization
- Fully hybrid
- Mild hybrid
- Plug-in-Hybrid
- Rest of Latin America Hybrid Car Market, by Vehicle Type
- Hatchback
- Sedan
- Compact SUV
- SUV
- Rest of Latin America Hybrid Car Market, by Electric Powertrain Type
-
Latin America Hybrid Car Market, by Electric Powertrain Type
- Middle East & Africa
-
Middle East & Africa Hybrid Car Market, by Electric Powertrain Type
- Series Hybrid
- Parallel Hybrid
- Combined Hybrid
-
Middle East & Africa Hybrid Car Market, by Component Type
- Battery
- Electric Motor
- Transmission
-
Middle East & Africa Hybrid Car Market, by Propulsion
- HEV
- PHEV
- NGV
-
Middle East & Africa Hybrid Car Market, by Degree of Hybridization
- Fully hybrid
- Mild hybrid
- Plug-in-Hybrid
-
Middle East & Africa Hybrid Car Market, by Vehicle Type
- Hatchback
- Sedan
- Compact SUV
- SUV
- GCC Countries
- GCC Countries Hybrid Car Market, by Electric Powertrain Type
- Series Hybrid
- Parallel Hybrid
- Combined Hybrid
- GCC Countries Hybrid Car Market, by Component Type
- Battery
- Electric Motor
- Transmission
- GCC Countries Hybrid Car Market, by Propulsion
- HEV
- PHEV
- NGV
- GCC Countries Hybrid Car Market, by Degree of Hybridization
- Fully hybrid
- Mild hybrid
- Plug-in-Hybrid
- GCC Countries Hybrid Car Market, by Vehicle Type
- Hatchback
- Sedan
- Compact SUV
- SUV
- GCC Countries Hybrid Car Market, by Electric Powertrain Type
- South Africa
- South Africa Hybrid Car Market, by Electric Powertrain Type
- Series Hybrid
- Parallel Hybrid
- Combined Hybrid
- South Africa Hybrid Car Market, by Component Type
- Battery
- Electric Motor
- Transmission
- South Africa Hybrid Car Market, by Propulsion
- HEV
- PHEV
- NGV
- South Africa Hybrid Car Market, by Degree of Hybridization
- Fully hybrid
- Mild hybrid
- Plug-in-Hybrid
- South Africa Hybrid Car Market, by Vehicle Type
- Hatchback
- Sedan
- Compact SUV
- SUV
- South Africa Hybrid Car Market, by Electric Powertrain Type
-
Rest of Middle East & Africa
- Rest of Middle East & Africa Hybrid Car Market, by Electric Powertrain Type
- Series Hybrid
- Parallel Hybrid
- Combined Hybrid
- Rest of Middle East & Africa Hybrid Car Market, by Component Type
- Battery
- Electric Motor
- Transmission
- Rest of Middle East & Africa Hybrid Car Market, by Propulsion
- HEV
- PHEV
- NGV
- Rest of Middle East & Africa Hybrid Car Market, by Degree of Hybridization
- Fully hybrid
- Mild hybrid
- Plug-in-Hybrid
- Rest of Middle East & Africa Hybrid Car Market, by Vehicle Type
- Hatchback
- Sedan
- Compact SUV
- SUV
- Rest of Middle East & Africa Hybrid Car Market, by Electric Powertrain Type
-
Middle East & Africa Hybrid Car Market, by Electric Powertrain Type
- North America
Vantage Market
Research | 02-May-2024
FAQ
Frequently Asked Question
What is the global demand for Hybrid Car in terms of revenue?
-
The global Hybrid Car valued at USD 230.4 Billion in 2023 and is expected to reach USD 598.4 Billion in 2032 growing at a CAGR of 11.2%.
Which are the prominent players in the market?
-
The prominent players in the market are Toyota Motor Company (Japan), Honda Motor Company (Japan), BYD Company Ltd. (China), Lexus (Japan), Ford Motor Company (U.S.), Kia Motors Company (South Korea), Nissan Motor Company (Japan), Volkswagen AG (Germany), AB Volvo (Sweden).
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 11.2% between 2024 and 2032.
What are the driving factors fueling the growth of the market.
-
The driving factors of the Hybrid Car include
Which region accounted for the largest share in the market?
-
Asia Pacific was the leading regional segment of the Hybrid Car in 2023.
