Latest
industry research report on: Hybrid Cars Market | Industry Size, Share,
Research, Reviews, Analysis, Strategies, Demand, Growth, Segmentation,
Parameters, Forecasts
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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