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Published Date: 2017-03-01Number of Pages: 204

Hybrid Cars Market (Type - Series, Parallel, Plug-in, and Series-Parallel; Energy Source - ICE Hybrid, Fuel Cell Hybrid, Solar Hybrid, and Natural Gas Hybrid; Vehicle Type - Passenger Cars and Commercial Cars) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 - 2024

Global Hybrid Cars Market: Snapshot 

The alarming increase in the levels of air pollution has raised concerns of people regarding carbon emissions, leading to their shift towards carbon-free products. Hybrid cars, which are eco-friendly vehicles that use electricity for their functioning, meet their demand perfectly. The increasing awareness about these eco-friendly vehicles among consumers is driving the global market for hybrid cars exponentially.

The governments in various countries are also encouraging the adoption of hybrid cars by mandating stringent emission standards and providing various incentives and subsidies to buyers, which is likely to reflect positively on the sales of these vehicles in the near future. However, the high prices of hybrid cars and the easy availability of electric cars may restrain the overall growth of this market to some extent over the years to come. 

The global market for hybrid cars, which stood at US$102.88 bn in 2015, is anticipated to touch US$398.90 bn by 2024, rising at a CAGR of 16.50% between 2016 and 2024. 

hybrid cars market

Demand for Series Parallel Hybrid Cars to Remain Strong 

The main types of hybrid cars available in the global hybrid market are the series hybrid, parallel hybrid, plug-in hybrid, and series parallel hybrid cars. Among these, the demand for series parallel hybrid cars is higher than others at present. The scenario is expected to remain so over the forthcoming years, thanks to the superiority of series parallel hybrid cars in terms of efficiency. 

However, over the next few years, plug-in hybrid cars are likely to steal the limelight and witness the demand at a higher cumulative average growth rate, i.e. of more than 15% between 2016 and 2024. The increase in government initiatives providing tax incentives and subsidies for the purchase of plug-in cars, together with a surge in the installation of electric charging stations are predicted to fuel the demand for plug-in hybrid cars in the years to come. 

Asia Pacific to Continue as Global Leader 

North America, Asia Pacific, the Middle East and Africa, Europe, and Latin America are considered as the key regional market for hybrid cars. In 2015, Asia Pacific dominated the global market with a share of more than 70%. Over the forthcoming years, the increasing awareness among consumers regarding the benefits of eco-friendly vehicles, especially in China and Japan, coupled with various governments’ initiatives to promote their usage, is likely to ensure the dominance of Asia Pacific hybrid cars market. 

On the other hand, the hybrid car markets in North America and Europe are expected to progress at a moderate rate in the near future due to their mature states. However, the rising number of charging units may boost both the markets to some extent over the next few years. 

Toyota Motor Corp., General Motors Co., Hyundai Motor Co., Ford Motor Co., Nissan Motor Co. Ltd., BMW, Volkswagen AG, FCA N.V., and Honda Motor Co. Ltd. are the key manufacturers of hybrid cars across the world.

1. Preface
     1.1. Report Description 
     1.2. Research Scope
     1.3. Market Segmentation
     1.4. Assumptions
     1.5. Research Methodology

2. Executive Summary
     2.1. Global hybrid cars market, Revenue (US$ Mn), 2015–2024
     2.2. Market Snapshot

3. Market Overview
     3.1. Product Overview
     3.2. Key Industry Developments
     3.3. Market Indicators

4. Market Dynamics
     4.1.Driver 1- Rising Awareness For Eco-friendly Vehicle
           4.1.1 Driver 2- Incentive schemes on hybrid cars
           4.1.2. Restraint 1 – High pricing
           4.1.3. Restraint 2- Availability of substitutes
     4.2. Opportunity 1 – Government Support to Hybrid Car Manufacturers
     4.3. Porter’s Five Forces Analysis
     4.4. Value Chain Analysis
     4.5. Global hybrid cars market Outlook, 2015

5. Market Segmentation- Type Segment Analysis
     5.1. Global hybrid cars market– Type Analysis
           5.1.1. Series hybrid, Volume ( units) & Revenue (US$ Mn), 2015-2024 
           5.1.2. Parallel hybrid , Volume (units) & Revenue (US$ Mn), 2015-2024 
           5.1.3. Plug-in hybrid , Volume (units) & Revenue (US$ Mn), 2015-2024
           5.1.4. Series-parallel hybrid , Volume (units) & Revenue (US$ Mn), 2015-2024
     5.2. Market Attractiveness Analysis, by type

6. Market Segmentation- Energy source Segment Analysis
     6.1. Global hybrid cars market– energy source Analysis
           6.1.1. ICE hybrids, Volume ( units) & Revenue (US$ Mn), 2015-2024 
           6.1.2. Fuel cell hybrids, Volume ( units) & Revenue (US$ Mn), 2015-2024 
           6.1.3. Solar hybrids , Volume ( units) & Revenue (US$ Mn), 2015-2024 
           6.1.4. Natural gas hybrids  , Volume ( units) & Revenue (US$ Mn), 2015-2024
     6.2. Market Attractiveness Analysis, by energy source

7. Market Segmentation- energy source Segment Analysis
     7.1. Global hybrid cars market–Vehicle type Analysis
           7.1.1. Passenger Cars, Volume (units) & Revenue (US$ Mn), 2015-2024 
           7.1.2. Commercial Cars, Volume (units) & Revenue (US$ Mn), 2015-2024 
     7.2. Market Attractiveness Analysis, by vehicle type

8. Global hybrid cars market– Regional Analysis
     8.1. North America hybrid cars market Snapshot
           8.1.1. North America hybrid cars market– type Segment Analysis, Volume (units) &    Revenue (US$ Mn), 2015-2024
           8.1.2. North America hybrid cars market– energy source Segment Analysis, Volume (units) & Revenue (US$ Mn), 2015-2024
           8.1.3. North America hybrid cars market– vehicle type Segment Analysis, Volume (unitss) & Revenue (US$ Mn), 2015-2024
           8.1.4. U.S. hybrid cars market– Volume (units ) & Revenue (US$ Mn), 2015-2024
           8.1.5. Canada hybrid cars market– Volume (units ) & Revenue (US$ Mn), 2015-2024
     8.2. North America hybrid cars market Attractiveness Analysis
           8.2.1. Market Attractiveness Analysis – By Type
           8.2.2. Market Attractiveness Analysis – By Energy source
           8.2.3. Market Attractiveness Analysis – By Vehicle type
           8.2.4. Market Attractiveness Analysis – By Country 
     8.3. North America hybrid cars - Market Trends

9. Europe hybrid cars market Snapshot
     9.1.Europe hybrid cars market– type Segment Analysis, Volume (units) &    Revenue (US$ Mn), 2015-2024
           9.1.1. Europe hybrid cars market– energy source Segment Analysis, Volume (units) & Revenue (US$ Mn), 2015-2024
           9.1.2. Europe  hybrid cars market– vehicle type Segment Analysis, Volume (units) & Revenue (US$ Mn), 2015-2024
           9.1.3. Germany hybrid cars market– Volume (units ) & Revenue (US$ Mn), 2015-2024
           9.1.4. France hybrid cars market– Volume (units ) & Revenue (US$ Mn), 2015-2024
           9.1.5. UK hybrid cars market– Volume (units ) & Revenue (US$ Mn), 2015-2024
           9.1.7. Italy hybrid cars market– Volume (units ) & Revenue (US$ Mn), 2015-2024
           9.1.8. Spain hybrid cars market– Volume (units ) & Revenue (US$ Mn), 2015-2024
           9.1.9. Rest of Europe hybrid cars market– Volume (units ) & Revenue (US$ Mn), 2015-2024
     9.2. Europe hybrid cars market Attractiveness Analysis
           9.2.1. Market Attractiveness Analysis – By Type
           9.2.2. Market Attractiveness Analysis – By Energy source
           9.2.3. Market Attractiveness Analysis – By Vehicle type
           9.2.4. Market Attractiveness Analysis – By Country 
     9.3. Europe hybrid cars - Market Trends

10.  Asia Pacific hybrid cars market Snapshot
     10.1.Asia Pacific hybrid cars market– type Segment Analysis, Volume (units) &    Revenue (US$ Mn), 2015-2024
           10.1.1. Asia Pacific hybrid cars market– energy source Segment Analysis, Volume (units) & Revenue (US$ Mn), 2015-2024
           10.1.2. Asia Pacific  hybrid cars market– vehicle type Segment Analysis, Volume (units) & Revenue (US$ Mn), 2015-2024
           10.1.3. China hybrid cars market– Volume (units ) & Revenue (US$ Mn), 2015-2024
           10.1.4. India  hybrid cars market– Volume (units ) & Revenue (US$ Mn), 2015-2024
           10.1.5. Japan hybrid cars market– Volume (units ) & Revenue (US$ Mn), 2015-2024
           10.1.6. ASEAN hybrid cars market– Volume (units ) & Revenue (US$ Mn), 2015-2024
           10.1.7. Rest of Asia Pacific hybrid cars market– Volume (units ) & Revenue (US$ Mn), 2015-2024
     10.2. Asia Pacific  hybrid cars market Attractiveness Analysis
           10.2.1. Market Attractiveness Analysis – By Type
           10.2.2. Market Attractiveness Analysis – By Energy source
           10.2.3. Market Attractiveness Analysis – By Vehicle type
           10.2.4. Market Attractiveness Analysis – By Country 
     10.3. Asia Pacific hybrid cars - Market Trends

11. Latin America hybrid cars market Snapshot
     11.1.Latin America hybrid cars market– type Segment Analysis, Volume (units) &    Revenue (US$ Mn), 2015-2024
           11.1.1. Latin America hybrid cars market– energy source Segment Analysis, Volume (units) & Revenue (US$ Mn), 2015-2024
           11.1.2. Latin America  hybrid cars market– vehicle type Segment Analysis, Volume (units) & Revenue (US$ Mn), 2015-2024
           11.1.3. Brazil hybrid cars market– Volume (units ) & Revenue (US$ Mn), 2015-2024
           11.1.4. Mexico hybrid cars market– Volume (units ) & Revenue (US$ Mn), 2015-2024
           11.1.5. Rest of Latin America hybrid cars market– Volume (units ) & Revenue (US$ Mn), 2015-2024
     11.2. Latin America  hybrid cars market Attractiveness Analysis
           11.2.1. Market Attractiveness Analysis – By Type
           11.2.2. Market Attractiveness Analysis – By Energy source
           11.2.3. Market Attractiveness Analysis – By Vehicle type
           11.2.4. Market Attractiveness Analysis – By Country 
     11.3. Latin America hybrid cars - Market Trends

12. Middle East & Africa hybrid cars market Snapshot
     12.1.Middle East & Africa hybrid cars market– type Segment Analysis, Volume (units) &    Revenue (US$ Mn), 2015-2024
           12.1.1. Middle East & Africa hybrid cars market– energy source Segment Analysis, Volume (units) & Revenue (US$ Mn), 2015-2024
           12.1.2. Middle East & Africa  hybrid cars market– vehicle type Segment Analysis, Volume (units) & Revenue (US$ Mn), 2015-2024
           12.1.3. GCC hybrid cars market– Volume (units ) & Revenue (US$ Mn), 2015-2024
           12.1.4. South Africa hybrid cars market– Volume (units ) & Revenue (US$ Mn), 2015-2024
           12.1.5. Rest of Middle East & Africa hybrid cars market– Volume (units ) & Revenue (US$ Mn), 2015-2024
     12.2. Middle East & Africa  hybrid cars market Attractiveness Analysis
           12.2.1. Market Attractiveness Analysis – By Type
           12.2.2. Market Attractiveness Analysis – By Energy source
           12.2.3. Market Attractiveness Analysis – By Vehicle type
           12.2.4. Market Attractiveness Analysis – By Country 
     12.3. Middle East & Africa hybrid cars - Market Trends

13. Competitive Landscape
     13.1. Competition Matrix
     13.2. Company Profiles
           13.2.1. Toyota Motor Corporation
                     13.2.1.1. Company Details (HQ, Foundation Year, Revenue, Employee Strength)
                     13.2.1.2. Business Overview
                     13.2.1.3. Product/Services, Key Brands, Key Competitors, Key End-user Industries
                     13.2.1.4. Business Strategy
                     13.2.1.5. Recent Developments
           13.2.2. General Motors Company
                     13.2.2.1. Company Details (HQ, Foundation Year, Revenue, Employee Strength)
                     13.2.2.2. Business Overview
                     13.2.2.3. Product/Services, Key Brands, Key Competitors, Key End-user Industries
                     13.2.2.4. Business Strategy
                     13.2.2.5. Recent Developments
           13.2.3. Hyundai Motor Company
                     13.2.3.1. Company Details (HQ, Foundation Year, Revenue, Employee Strength)
                     13.2.3.2. Business Overview
                     13.2.3.3. Product/Services, Key Brands, Key Competitors, Key End-user Industries
                     13.2.3.4. Business Strategy
                     13.2.3.5. Recent Developments
           13.2.4. Ford Motor Company
                     13.2.4.1. Company Details (HQ, Foundation Year, Revenue, Employee Strength)
                     13.2.4.2. Business Overview
                     13.2.4.3. Product/Services, Key Brands, Key Competitors, Key End-user Industries
                     13.2.4.4. Business Strategy
                     13.2.4.5. Recent Developments
           13.2.5. Nissan Motor Company Ltd
                     13.2.5.1. Company Details (HQ, Foundation Year, Revenue, Employee Strength)
                     13.2.5.2. Business Overview
                     13.2.5.3. Product/Services, Key Brands, Key Competitors, Key End-user Industries
                     13.2.5.4. Business Strategy
                     13.2.5.5. Recent Developments
           13.2.6. Volkswagen AG
                     13.2.6.1.  Company Details (HQ, Foundation Year, Revenue, Employee Strength)
                     13.2.6.2. Business Overview
                     13.2.6.3. Product/Services, Key Brands, Key Competitors, Key End-user Industries
                     13.2.6.4. Business Strategy
                     13.2.6.5. Recent Developments
           13.2.7. BMW
                     13.2.7.1. Company Details (HQ, Foundation Year, Revenue, Employee Strength)
                     13.2.7.2. Business Overview
                     13.2.7.3. Product/Services, Key Brands, Key Competitors, Key End-user Industries
                     13.2.7.4. Business Strategy
                     13.2.7.5. Recent Developments
           13.2.8. Honda Motor Co., Ltd.
                     13.2.8.1. Company Details (HQ, Foundation Year, Revenue, Employee Strength)
                     13.2.8.2. Business Overview
                     13.2.8.3. Product/Services, Key Brands, Key Competitors, Key End-user Industries
                     13.2.8.4. Business Strategy
                     13.2.8.5. Recent Developments
           13.2.9. FCA N.V.
                     13.2.9.1. Company Details (HQ, Foundation Year, Revenue, Employee Strength)
                     13.2.9.2. Business Overview
                     13.2.9.3. Product/Services, Key Brands, Key Competitors, Key End-user Industries
                     13.2.9.4. Business Strategy
                     13.2.9.5. Recent Developments

14. Key Takeaway

List of Figures

Figure 01: Global Hybrid Cars Market Size (US$ Mn) and Volume (Units) Forecast, 2015–2024
Figure 02: Global Hybrid Cars Average Price (US$/ Unit) 2015–2024
Figure 03: Global Market Value Share, by Type (2015)
Figure 04: Global Market Value Share, by Energy Source
Figure 05: Global Market Value Share, by Vehicle Type, 2015
Figure 06: Global Market Value Share, by Region
Figure 07: Global Hybrid Cars Market Value Share Analysis, by Type, 2015 and 2024
Figure 08: Global Hybrid Cars Size (US$ Mn) and Volume (Units) Analysis, by Series Hybrid, 2015–2024
Figure 09: Global Hybrid Cars Market Size (US$ Mn) and Volume (Units) Analysis, by parallel hybrid, 2015–2024
Figure 10: Global Hybrid Cars Market Size (US$ Mn) and Volume (Units) Analysis, by Plug-in Hybrid, 2015–2024
Figure 11: Global Hybrid Cars Market Size (US$ Mn) and Volume (Units) Analysis, by Series-parallel Hybrid, 2015–2024
Figure 12: Hybrid Cars Market Attractiveness Analysis, by Type
Figure 13: Global Hybrid Cars Market Value Share Analysis, by Energy Source, 2015 and 2024
Figure 14: Global Hybrid Cars Size (US$ Mn) and Volume (Units) Analysis, by ICE Hybrid, 2015–2024
Figure 15: Global Hybrid Cars Market Size (US$ Mn) and Volume (Units) Analysis, by Fuel Cell Hybrid, 2015–2024
Figure 16: Global Hybrid Cars Market Size (US$ Mn) and Volume (Units) Analysis, by Solar Hybrid, 2015–2024
Figure 17: Global Hybrid Cars Market Size (US$ Mn) and Volume (Units) Analysis, by Natural Gas Hybrid, 2015–2024
Figure 18: Hybrid Cars Market Attractiveness Analysis, by Energy Source
Figure 19: Global Hybrid Cars Market Value Share Analysis, by Vehicle Type, 2015 and 2024
Figure 20: Global Hybrid Cars Market Size (US$ Mn) and Volume (Units) Analysis, by Passenger Cars, 2015–2024
Figure 21: Global Hybrid Cars Market Size (US$ Mn) and Volume (Units) Analysis, by Commercial Cars, 2015–2024
Figure 22: Hybrid Cars Market Attractiveness Analysis, by Vehicle Type
Figure 23: Global Hybrid Cars Market Value Share Analysis, by Region, 2015 and 2024
Figure 24: Hybrid Cars Market Attractiveness Analysis, by Region
Figure 25: North America Hybrid Cars Market Size (US$ Mn) and Volume (Units) Forecast, 2015–2024
Figure 26: North America Hybrid Cars Market Size and Volume, Y-o-Y Growth Projection, 2015–2024
Figure 27: North America Hybrid Cars Market Attractiveness Analysis, by Country
Figure 28: North America Hybrid Cars Market Value Share Analysis, by Type, 2015 and 2024
Figure 29: North America Hybrid Cars Market Value Share Analysis, by Energy Source, 2015 and 2024
Figure 30: North America Hybrid Cars Market Value Share Analysis, by Vehicle Type, 2015 and 2024
Figure 31: North America Hybrid Cars Market Value Share Analysis, by Country, 2015 and 2024
Figure 32: North America Market Attractiveness Analysis, by Type
Figure 33: North America Market Attractiveness Analysis, by Energy Source
Figure 34: North America Market Attractiveness Analysis, by Vehicle Type
Figure 35: Europe Hybrid Cars Market Size (US$ Mn) and Volume (Units) Forecast, 2015–2024
Figure 36: Europe Hybrid Cars Market Size and Volume, Y-o-Y Growth Projections, 2015–2024
Figure 37: Europe Hybrid Cars Market Attractiveness Analysis, by Country
Figure 38: Europe Hybrid Cars Market Value Share Analysis, by Type, 2015 and 2024
Figure 39: Europe Hybrid Cars Market Value Share Analysis, by Energy Source, 2015 and 2024
Figure 40: Europe Hybrid Cars Market Value Share Analysis, by Vehicle Type, 2015 and 2024
Figure 41: Europe Hybrid Cars Market Value Share Analysis, by Country, 2015 and 2024
Figure 42: Europe Hybrid Cars Market Attractiveness Analysis, by Type
Figure 43: Europe Hybrid Cars Market Attractiveness Analysis, by Energy Source
Figure 44: Europe Hybrid Cars Market Attractiveness Analysis, by Vehicle Type
Figure 45: Asia Pacific Hybrid Cars Market Size (US$ Mn) and Volume (Units) Forecast, 2015–2024
Figure 46: Asia Pacific Hybrid Cars Market Size and Volume Y-o-Y Growth Projections, 2015–2024
Figure 47: Asia Pacific Market Attractiveness Analysis, by Country
Figure 48: Asia Pacific Hybrid Cars Market Value Share Analysis, by Type, 2015 and 2024
Figure 49: Asia Pacific Hybrid Cars Market Value Share Analysis, by Energy Source, 2015 and 2024
Figure 50: Asia Pacific Hybrid Cars Market Value Share Analysis, by Vehicle Type, 2015 and 2024
Figure 51: Asia Pacific Market Value Share Analysis, by Country, 2016 and 2024
Figure 52: Asia Pacific Market Attractiveness Analysis, by Type
Figure 53: Asia Pacific Market Attractiveness Analysis, by Energy Source
Figure 54: Asia Pacific Market Attractiveness Analysis, by Vehicle Type
Figure 55: Latin America Hybrid Cars Market Size (US$ Mn) and Volume (Units) Forecast, 2015–2024
Figure 56: Latin America Hybrid Cars Market Size and Volume, Y-o-Y Growth Projections, 2015–2024
Figure 57: Latin America Hybrid Cars Market Attractiveness Analysis, by Country
Figure 58: Latin America Hybrid Cars Market Value Share Analysis, by Type, 2015 and 2024
Figure 59: Latin America Hybrid Cars Market Value Share Analysis, by Energy Source, 2015 and 2024
Figure 60: Latin America Hybrid Cars Market Value Share Analysis, by Vehicle Type, 2015 and 2024
Figure 61: Latin America Hybrid Cars Market Value Share Analysis, by Country, 2015 and 2024
Figure 62: Latin America Hybrid Cars Market Attractiveness Analysis, by Type
Figure 63: Latin America Hybrid Cars Market Attractiveness Analysis, by Energy Source
Figure 64: Latin America Hybrid Cars Market Attractiveness Analysis, by Vehicle Type
Figure 65: MEA Hybrid Cars Market Size (US$ Mn) and Volume (Units) Forecast, 2015–2024
Figure 66: MEA Hybrid Cars Market Size and Volume Y-o-Y Growth Projection, 2015–2024
Figure 67: MEA Market Attractiveness Analysis, by Country
Figure 68: MEA Hybrid Cars Market Value Share Analysis, by Type, 2015 and 2024
Figure 69: Middle East & Africa Hybrid Cars Market Value Share Analysis, by Energy Source, 2015 and 2024
Figure 70: Middle East & Africa Hybrid Cars Market Value Share Analysis, by Vehicle Type, 2015 and 2024
Figure 71: MEA Market Value Share Analysis, by Country, 2015 and 2024
Figure 72: MEA Market Attractiveness Analysis, by Type
Figure 73: MEA Market Attractiveness Analysis, by Energy Source
Figure 74: MEA Market Attractiveness Analysis, by vehicle type
Figure 75: Global Hybrid Cars Market Share Analysis, by Company, 2015

List of Tables

Table 01: Global Hybrid Cars Market Size (US$ Mn) Forecast, by Type 2015–2024
Table 02: Global Hybrid Cars Market Volume (Units) Forecast, by Type, 2015–2024
Table 03: Global Hybrid Cars Market Size (US$ Mn) Forecast, by Energy Source, 2015–2024
Table 04: Global Hybrid Cars Market Volume (Units) Forecast, by Energy Source, 2015–2024
Table 05: Global Hybrid Cars Market Size (US$ Mn) and Volume (Units) Forecast, by Vehicle Type, 2015–2024
Table 06: Global Hybrid Cars Market Size (US$ Mn) Forecast, by Region, 2015–2024
Table 07: Global Hybrid Cars Market Volume (Units) Forecast, by Region, 2015–2024
Table 08: North America Hybrid Cars Market Size (US$ Mn) Forecast, by Type, 2015–2024
Table 09: North America Hybrid Cars Market Volume (Units) Forecast, by Type, 2015–2024
Table 10: North America Hybrid Cars Market Size (US$ Mn) Forecast, by Energy Source, 2015–2024
Table 11: North America Hybrid Cars Market Volume (Units) Forecast, by Energy Source, 2015–2024
Table 12: North America Hybrid Cars Market Size (US$ Mn) Forecast, by Vehicle Type, 2015–2024
Table 13: North America Hybrid Cars Market Size (US$ Mn) and Volume (Units) Forecast, by Country, 2015–2024
Table 14: Europe Hybrid Cars Market Size (US$ Mn) Forecast, by Type, 2015–2024
Table 15: Europe Hybrid Cars Market Volume (Units) Forecast, by Type, 2015–2024
Table 16: Europe Hybrid Cars Market Size (US$ Mn) Forecast, by Energy Source, 2015–2024
Table 17: Europe Hybrid Cars Market Volume (Units) Forecast, by Energy Source, 2015–2024
Table 18: Europe Hybrid Cars Market Size (US$ Mn) and Volume (In Units) Forecast, by Vehicle Type, 2015–2024
Table 19: Europe Hybrid Cars Market Size (US$ Mn) Forecast, by Country, 2015–2024
Table 20: Europe Hybrid Cars Market Volume (Units) Forecast, by Country, 2015–2024
Table 21: Asia Pacific Hybrid Cars Market Size (US$ Mn) Forecast, by Type, 2015–2024
Table 22: Asia Pacific Hybrid Cars Market Volume (Units) Forecast, by Type, 2015–2024
Table 23: Asia Pacific Hybrid Cars Market Size (US$ Mn) Forecast, by Energy Source, 2015–2024
Table 24: Asia Pacific Hybrid Cars Market Volume (Units) Forecast, by Energy Source, 2015–2024
Table 25: Europe Hybrid Cars Market Size (US$ Mn) Forecast, by Vehicle Type, 2015–2024
Table 26: Asia Pacific Hybrid Cars Market Size (US$ Mn) Forecast, by Country, 2015–2024
Table 27: Asia Pacific Hybrid Cars Market Volume (Units) Forecast, by Country, 2015–2024
Table 28: Latin America Hybrid Cars Market Size (US$ Mn) Forecast, by Type, 2015–2024
Table 29: Latin America Hybrid Cars Market Volume (Units) Forecast, by Type, 2015–2024
Table 30: Latin America Hybrid Cars Market Size (US$ Mn) Forecast, by Energy Source, 2015–2024
Table 31: Latin America Hybrid Cars Market Volume (Units) Forecast, by Energy Source, 2015–2024
Table 32: Latin America Hybrid Cars Market Size (US$ Mn) and Volume (Units) Forecast, by Vehicle Type, 2015–2024
Table 33: Latin America Hybrid Cars Market Size (US$ Mn) Forecast, by Country, 2015–2024
Table 34: Latin America Hybrid Cars Market Volume (Units) Forecast, by Country, 2015–2024
Table 35: Middle East & Africa Hybrid Cars Market Size (US$ Mn) Forecast, by Type, 2015–2024
Table 36: Middle East & Africa Hybrid Cars Market Volume (Units) Forecast, by Type, 2015–2024
Table 37: Middle East & Africa Hybrid Cars Market Size (US$ Mn) Forecast, by Energy Source, 2015–2024
Table 38: Middle East & Africa Hybrid Cars Market Volume (Units) Forecast, by Energy Source, 2015–2024
Table 39: Middle East & Africa Hybrid Cars Market Size (US$ Mn) and Volume (Units) Forecast, by Vehicle Type, 2015–2024
Table 40: MEA Hybrid Cars Market Size (US$ Mn) Forecast, by Country, 2015–2024
Table 41: MEA Hybrid Cars Market Volume (Units) Forecast, by Country, 2015–2024

Global Hybrid Cars Market: Overview 

Hybrid car is an eco-friendly vehicle which consists of combination of gasoline fuel and electric motor with battery pack as energy source. Conventional IC engine is main power source in hybrid car and it is also used to charge the batteries which can be used as an alternative energy source. Asia Pacific dominated the hybrid car market in terms of demand and is anticipated to grow at highest CAGR during the forecast period. High price and availability of electric car as strong is anticipated to hinder the growth of hybrid car. 

Increase in government support by providing various incentives on purchase of hybrid car and implementation of stringent emission norms across all region to control the air pollution is estimated to offer major opportunities to the hybrid car market during the forecast period. Series-parallel is expected to be major hybrid type during the forecast period, however plug-in hybrid is anticipated to grow at highest CAGR in terms of demand compare to other hybrid types. ICE hybrid contributed the largest share of the energy source type and it is likely to dominate the market in next eight years. In terms of vehicle type, passenger car segment dominated the hybrid car market and is continue to dominate the market during the forecast period with highest CAGR. 

Global Hybrid Cars Market: Scope of the Study 

This report analyzes and forecasts the market for hybrid car market at the global and regional level. The market has been forecast based on volume (Units) and revenue (US$ Mn) from 2016 to 2024, considering 2015 as the base year. The study includes drivers and restraints of the global hybrid cars market. It also covers impact of these drivers and restraints on demand for hybrid cars market during the forecast period. The report also highlights opportunities in the hybrid cars market at the global and regional level. 

The report includes detailed value chain analysis, which provides a comprehensive view of the global hybrid cars market. Porter’s Five Forces model for the hybrid cars market has also been included to help understand the competitive landscape in the market. The study encompasses market attractiveness analysis, where in hybrid types, energy source and vehicle types are benchmarked based on their market size, growth rate, and general attractiveness. 

The study provides a decisive view of the global hybrid cars market by segmenting it in terms of type, energy source and vehicle type. In terms of type, hybrid cars is classified as series, parallel, plug-in, series-parallel. In terms of energy source, it is segmented into ICE hybrid, fuel cell hybrid, solar hybrid, natural gas hybrid and by vehicle type it is classified as passenger cars and commercial cars. These segments have been analyzed based on present and future trends. Regional segmentation includes current and forecast demand for hybrid cars in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. 

Global Hybrid Cars Market: Research Methodology 

The report provides the actual market size of hybrid cars for 2015 and estimated market size for 2016 with forecast for the next eight years. The global market of hybrid cars has been provided in terms volume and revenue. Market volume has been defined in units and revenue in US$ Mn. Market numbers have been estimated based on type, energy-source and vehicle type of hybrid cars. Market volume and size have been provided in terms of global, regional and country level markets.

In order to compile the research report, we conducted in-depth interviews and discussions with a number of key industry participants and opinion leaders. Primary research represented the bulk of research efforts, supplemented by extensive secondary research. We reviewed key players’ product literature, annual reports, press releases, and relevant documents for competitive analysis and market understanding. Secondary research includes a search of recent trade, technical writing, Internet sources, magazines and statistical data from government websites, trade associations, and agencies. This has proven to be the most reliable, effective, and successful approach for obtaining precise market data, capturing industry participants’ insights, and recognizing business opportunities. 

Secondary research sources that are typically referred to include, but are not limited to company websites, annual reports, financial reports, broker reports, investor presentations, SEC filings,  and external proprietary databases, and relevant patent and regulatory databases such as ICIS, Hoover’s, oneSOURCE, Factiva and Bloomberg, national government documents, statistical databases, trade journals, market reports, news articles, press releases, and webcasts specific to companies operating in the market. We conduct primary interviews on an ongoing basis with industry participants and commentators to validate data and analysis. These help validate and strengthen secondary research findings. These also help develop the analysis team’s expertise and market understanding. 

Companies Mentioned in the Report 

The report comprises profiles of major companies operating in the global hybrid cars market. Key players in the hybrid cars market are Toyota Motor Corporation, General Motors Company, Hyundai Motor Company, Ford Motor Company, Nissan Motor Company Ltd, Volkswagen AG, BMW, Honda Motor Co., Ltd., and FCA N.V.Market players have been profiled in terms of attributes such as company overview, financial overview, business strategies, and recent developments. 

The global hybrid cars market has been segmented as follows: 

By Type

  • Series hybrid
  • Parallel hybrid
  • Plug-in hybrid
  • Series-Parallel hybrid 

By Energy Source

  • ICE hybrids
  • Fuel cell hybrids
  • Solar hybrid
  • Natural gas hybrid 

By Vehicle Type

  • Passenger Cars
  • Commercial Car 

By Region

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • Italy
    • U.K.
    • France
    • Spain
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • ASEAN
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of South America
  • Middle East & Africa (MEA)
    • GCC
    • South Africa
    • Rest of MEA


 
 
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