封面
市场调查报告书
商品编码
1792564

2025 年至 2033 年混合动力电动车市场规模、份额、趋势及预测(按推进类型、配置类型、车辆类型、电源和地区划分)

Hybrid Electric Vehicle Market Size, Share, Trends and Forecast by Propulsion Type, Configuration Type, Vehicle Type, Power Source, and Region, 2025-2033

出版日期: | 出版商: IMARC | 英文 150 Pages | 商品交期: 2-3个工作天内

价格

2024年,全球混合动力电动车市场规模为1,293万辆。展望未来, IMARC Group估计,到2033年,市场规模将达到1.0443亿辆,2025年至2033年期间的复合年增长率为25.78%。北美目前占据市场主导地位,到2024年其市占率将超过40.9%。消费者对混合动力电动车(HEV)环保优势的意识日益增强,日益增长的社会责任促使消费者做出更环保的选择,以及尖端技术的出现,这些都是巩固混合动力电动车市场份额增长的主要驱动力。

混合动力汽车市场的主要驱动力之一是对燃油效率和环境永续性日益增长的需求。随着燃油价格持续上涨以及人们对气候变迁的担忧日益加剧,消费者和政府都越来越寻求能够降低排放、提高燃油经济性的汽车。混合动力汽车将传统内燃机与电动马达结合,透过降低油耗和二氧化碳 (CO2) 排放提供了解决方案。此外,世界各国政府正在实施更严格的排放法规,并为环保汽车提供激励措施,这进一步刺激了混合动力汽车作为永续交通方式的需求。

美国正逐渐成为主要的颠覆者,占了 77.80% 的市场。市场受到环境目标和政府激励措施的推动。美国能源部的倡议,例如对电动车的税收抵免和对充电基础设施的资助,都鼓励了电动车的普及。与传统汽车相比,电动车排放量更低、燃油效率更高,因此越来越受欢迎。然而,2024 年第三季度,美国电动和混合动力汽车销量份额达到创纪录的 21.2%,高于 2024 年第二季的 19.1%。此外,美国推动减少交通运输温室气体 (GHG) 排放的法规也推动了对混合动力汽车的需求不断增长。退税和联邦税收抵免等激励措施进一步支持了市场扩张。

混合动力电动车市场趋势:

日益严重的环境问题

混合动力电动车产业的主要市场驱动力之一是人们对环境恶化日益增长的担忧,尤其是气候变迁和空气污染。根据世界银行的数据,到2050年,全球垃圾预计将达到34亿吨。污染是导致疾病和早期死亡的主要原因。超过900万人过早死亡是由污染造成的,其中大部分是由空气污染造成的。传统的内燃机汽车是温室气体排放和空气污染物的主要来源,包括二氧化碳(CO2)、氮氧化物(NOx)和粒状物。因此,世界各国政府和组织正在推动更清洁、更永续的交通方式。混合动力电动车将内燃机与电力推进系统结合,提供了可行的解决方案。与纯汽油驱动的汽车相比,混合动力电动车排放量更低,燃油效率更高。有些车型甚至符合监管机构制定的严格排放标准。随着大众对环境永续性的意识不断增强,消费者越来越倾向于环保的选择,这为混合动力电动车提供了强劲的市场。

政府激励措施和政策

混合动力电动车市场的另一个主要驱动力是一系列旨在鼓励更清洁交通选择的政府激励措施和政策。各国都为购买混合动力电动车提供税收优惠、补助金和补贴,使其在经济上对消费者更具吸引力。例如,荷兰凭藉其慷慨的电动车补贴,成为电动车推广的先驱。荷兰政府为二手电动车提供高达 2,000 欧元(2,116.66 美元)的补贴,为购买新电动车提供 2,950 欧元(3,122.07 美元)的补贴。道路税减免和较低的公司汽车税率是电动车车主的进一步优势。一些国家已经设定了雄心勃勃的减少交通部门排放的目标,并正在透过财政和非财政激励措施积极推广混合动力电动车的使用。因此,这极大地支持了市场。这些政策措施使混合动力电动车更容易被普通消费者接受,并成为製造商投资混合动力电动车技术的催化剂,从而推动市场成长。

电池技术的进步

过去十年是混合动力电动车产业的关键驱动力。同时,锂离子电池的进步带来了更高的能量密度、更快的充电时间和更长的使用寿命,使其更适合汽车应用。这些技术飞跃提升了混合动力电动车的性能和可靠性,解决了潜在买家之前可能存在的一些主要担忧,例如续航里程焦虑。根据国际能源总署的资料,2023年电池对锂的需求约为14万吨。随着电池技术的不断改进,混合动力电动车可能会变得更有效率和经济,从而进一步推动消费者的采用和市场扩张。

目录

第一章:前言

第二章:范围与方法

  • 研究目标
  • 利害关係人
  • 资料来源
    • 主要来源
    • 次要来源
  • 市场评估
    • 自下而上的方法
    • 自上而下的方法
  • 预测方法

第三章:执行摘要

第四章:简介

  • 概述
  • 主要行业趋势

第五章:全球混合动力电动车市场

  • 市场概览
  • 市场表现
  • COVID-19的影响
  • 市场预测

第六章:市场区隔:依推进类型

  • 全混合动力
  • 轻度混合动力车
  • 插电式混合动力汽车
  • 其他的

第七章:市场区隔:依配置类型

  • HEV系列
  • 并联式混合动力车
  • 油电混合车

第八章:市场区隔:依车型

  • 搭乘用车
  • 商用车
  • 两轮车
  • 其他的

第九章:市场细分:依动力来源

  • 储存的电力
  • 车载发电机

第十章:市场细分:按地区

  • 北美洲
    • 美国
    • 加拿大
  • 亚太地区
    • 中国
    • 日本
    • 印度
    • 韩国
    • 澳洲
    • 印尼
    • 其他的
  • 欧洲
    • 德国
    • 法国
    • 英国
    • 义大利
    • 西班牙
    • 俄罗斯
    • 其他的
  • 拉丁美洲
    • 巴西
    • 墨西哥
    • 其他的
  • 中东和非洲
    • 市场区隔:依国家

第 11 章:SWOT 分析

  • 概述
  • 优势
  • 弱点
  • 机会
  • 威胁

第 12 章:价值链分析

第 13 章:波特五力分析

  • 概述
  • 买家的议价能力
  • 供应商的议价能力
  • 竞争程度
  • 新进入者的威胁
  • 替代品的威胁

第 14 章:价格指标

第 15 章:竞争格局

  • 市场结构
  • 关键参与者
  • 关键参与者简介
    • Toyota Motor Corporation
    • Honda Motor Co. Ltd.
    • Ford Motor Company
    • Volkswagen Aktiengesellschaft
    • General Motors Company
    • Hyundai Motor Company
    • Nissan Motor Corporation Ltd.
Product Code: SR112025A1944

The global hybrid electric vehicle market size was valued at 12.93 Million Units in 2024. Looking forward, IMARC Group estimates the market to reach 104.43 Million Units by 2033, exhibiting a CAGR of 25.78% from 2025-2033. North America currently dominates the market, holding a market share of over 40.9% in 2024. The growing consumer consciousness regarding the environmental advantages of hybrid electric vehicles (HEVs), a growing social responsibility urging consumers to make greener choices, and the emergence of cutting-edge technologies are some of the major drivers consolidating the growth of hybrid electric vehicle market share.

One of the key drivers in the HEV market is the growing demand for fuel efficiency and environmental sustainability. As fuel prices continue to increase and anxieties about climate change grow consumers and governments alike are increasingly seeking vehicles that lower emissions and offer better fuel economy. HEVs, which combine a traditional internal combustion engine with an electric motor, offer a solution by reducing fuel consumption and lowering carbon dioxide (CO2) emissions. Additionally, governments worldwide are implementing stricter emission regulations and offering incentives for eco-friendly vehicles, further boosting the demand for HEVs as a sustainable transportation alternative.

The United States is emerging as a major disruptor, holding 77.80% of the total market share. The market is driven by both environmental goals and government incentives. The U.S. Department of Energy's initiatives, such as tax credits for electric vehicle and funding for charging infrastructure, have encouraged adoption. These vehicles are becoming increasingly popular due to their lower emissions and fuel efficiency compared to traditional vehicles. However, in 3Q24, the share of electric and hybrid vehicle sales in the U.S. reached a record 21.2%, up from 19.1% in 2Q24. Additionally, U.S. regulations pushing for reduced greenhouse gas (GHG) emissions from transportation contribute to the growing demand for HEVs. The presence of incentives like rebates and federal tax credits further supports the market's expansion.

Hybrid Electric Vehicle Market Trends:

Increasing environmental concerns

One of the primary market drivers for the HEV industry is the growing concern over environmental degradation, specifically climate change and air pollution. Global garbage is predicted to reach 3.4 billion tonnes by 2050, according to World Bank figures. The leading environmental cause of illness and early mortality is pollution. Over 9 million premature deaths are caused by pollution, with air pollution accounting for the majority of these deaths. Traditional internal combustion engine vehicles are significant contributors to GHG emissions and air pollutants, including carbon dioxide (CO2), nitrogen oxides (NOx), and particulate matter. As a result, governments and organizations worldwide are pushing for cleaner, more sustainable modes of transport. HEVs, which combine internal combustion engines with electric propulsion systems, offer a viable solution. They produce fewer emissions and are more fuel-efficient compared to their gasoline-only counterparts. Some models even meet the stringent emission standards set by regulatory bodies. As public awareness around environmental sustainability grows, consumers are increasingly leaning towards eco-friendly choices, providing a robust market for HEVs.

Government incentives and policies

Another major driver in the HEV market is the range of government incentives and policies aimed at encouraging cleaner transportation options. Various countries offer tax incentives, grants, and subsidies for purchasing HEVs, making them more financially appealing to consumers. For instance, the Netherlands is a pioneer in e-mobility promotion owing to its generous EV subsidies. The Dutch government offers grants of up to Euro 2,000 (USD 2116.66) for used EVs and Euro 2,950 (USD 3122.07) for new EV purchases. Road tax exemptions and lower company car tax rates are further advantages for EV owners. Several countries have set ambitious targets for reducing emissions from the transportation sector and are actively promoting the use of HEVs through financial and non-financial incentives. Thus, this is significantly supporting the market. These policy measures make hybrid electric vehicles more accessible to the average consumer and act as a catalyst for manufacturers to invest in HEV technologies, thereby driving market growth.

Advancements in battery technology

The past decade, which is a crucial driver for the hybrid electric vehicle industry. Along with this, advancements in lithium-ion batteries have led to higher energy density, quicker charging times, and longer lifespan, making them more suitable for automotive use. These technological leaps have enhanced the performance and reliability of hybrid electric vehicles, addressing some of the primary concerns potential buyers may have had earlier, such as range anxiety. According to IEA data, the battery demand for lithium stood at around 140 kt in the year 2023. As battery technology continues to improve, it is likely that HEVs will become even more efficient and cost-effective, further driving consumer adoption and market expansion.

Hybrid Electric Vehicle Industry Segmentation:

Analysis by Propulsion Type:

  • Full Hybrids
  • Mild Hybrids
  • Plug-in Hybrids
  • Others

Plug-in hybrids stand as the largest component in 2024, holding around 29.7% of the market. PHEVs combine an internal combustion engine with a larger battery that can be recharged via an outside source, providing more longer electric-only driving ranges compared to traditional HEVs. This extended range makes PHEVs more appealing to consumers seeking the flexibility of electric power for daily commutes and gasoline for longer trips. With growing environmental concerns and government incentives promoting low-emission vehicles, the market for PHEVs is expanding rapidly. Furthermore, advancements in battery technology and charging infrastructure are further driving their adoption, positioning PHEVs as a dominant choice for eco-conscious consumers.

Analysis by Configuration Type:

  • Series HEV
  • Parallel HEV
  • Combination HEV

Parallel HEV led the market in 2024 due to its simple, efficient design. In parallel HEVs, it is the combination of the operation of the internal combustion engine and that of the electric motor that contributes to driving the vehicle. These configurations optimize fuel efficiency by allowing assistance from the electric motor mainly in city driving, where they make frequent stops and starts. Parallel systems also provide greater power output and a smoother driving experience compared to other HEV types. In addition, this configuration usually requires less complex infrastructure and has lower manufacturing costs, which makes it more attractive to consumers and car makers. Parallel HEVs are still the preferred choice in the global market with the increasing focus on reduction of emissions and improvement of fuel economy.

Analysis by Vehicle Type:

  • Passenger Cars
  • Commercial Vehicles
  • Two-Wheelers
  • Others

In 2024, passenger cars account for the majority of the market at around 85.7% due to their widespread use and increasing consumer demand for fuel-efficient, environmentally-friendly options. These vehicles are popular in urban and suburban settings where fuel efficiency is critical. The growing awareness of environmental issues, coupled with government incentives for clean energy vehicles, has driven the adoption of HEVs in the passenger car segment. Additionally, advancements in battery technology have improved driving range and performance, making HEVs more appealing. The U.S. Department of Energy and other governmental bodies report that passenger cars, including sedans and compact vehicles, represent the largest share of the HEV market.

Analysis by Power Source:

  • Stored Electricity
  • On Board Electric Generator

Stored electricity represented the leading market segment, holding 70.0% of the total share due to its essential role in improving fuel efficiency and reducing emissions. The electric motor in HEVs uses the stored energy from the battery, which is replenished through regenerative braking or the internal combustion engine. It is this ability to store and use electricity efficiently that enables HEVs to seamlessly switch between electric power and gasoline, optimizing fuel use. The advancements in battery technology have also improved storage capacity, thereby increasing the electric-only driving range and overall performance. As governments seek stricter controls over emissions and customers increasingly look toward eco-friendly vehicles, the demand for HEVs and efficient energy storage systems continues to rise.

Regional Analysis:

  • 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

In 2024, North America accounted for the largest hybrid electric vehicle market share of over 40.9% driven by strong consumer demand, government incentives, and robust charging infrastructure. The U.S. is a leader, as there are federal tax credits and rebates on hybrid and electric vehicles that drive adoption. Further, automakers in North America have stepped up PHEV and HEV production in order to keep up with environmental standards that are rising. Regulation standards like the CAFE standard set in the United States nudge manufacturers toward producing fuel-efficient, low-emission automobiles. A shift among consumers towards more environmentally friendly modes of transport further supports the market.

Key Regional Takeaways:

United States Hybrid Electric Vehicle Market Analysis

Hybrid electric vehicles are so far quite popular in the U.S. market due to climbing prices of petrol, because of government incentives, and as well as due to pollution controls. Corporate Average Fuel economy regulations encourage hybridizing automobile manufacturers by an average fuel economy of 49 mpg by 2026. Federal tax incentives with up to USD 7,500 also promote the usage of hybrid and plug-in hybrid electric vehicles. Hybrid sales were 8.6% of light-duty sales in the first quarter of this year, while 9.6% were recorded in the second quarter, according to the US Energy Information Administration. In terms of vehicle sales of light-duty plug-in hybrids, there was a little uptick during this period, and it rose from 1.7% to 2.0% of the total light-duty sales.

The demand by consumers for fuel-efficient vehicles due to fluctuating petrol prices can be considered as one major influence. As of 2023, more than one million hybrid and electric vehicles were sold in the US. Hybrid sales rose 65%, according to Edmunds, which serves as a source of information for car shoppers, while EV sales leaped 46%. Improvements in battery efficiency and regenerative braking systems are enhancing vehicle performance and making HEVs more appealing. Cities like California have banned the sale of cars that are petrol-only from 2035. Corporate fleet changes to hybrids, and growing concern for carbon emissions are also generating market momentum.

Europe Hybrid Electric Vehicle Market Analysis

The HEV market is gaining momentum in Europe due to strong government support and tough rules on carbon emissions. Automakers are moving towards hybrid technology as a result of the European Union's "Fit for 55" project, which seeks to reduce GHG emissions by 55% by 2030. Tax incentives and subsidies have been provided by nations like as Germany, France, and the UK. In 2023, France was offering up to Euro 6,000 (USD 6,345) for hybrid purchases of the price below Euro 45,000 (USD 47,593)

International Energy Agency says that the data for 2023 shows that 25% of the new sales of automobiles in the region were electric cars. Therefore, this suggests that a majority of the customers preferred less harmful options. Giant automobile companies like Volvo and BMW have increased the production rate of hybrid cars to be able to take up this trend. Low-emission urban cities like London and Paris encourage more use of hybrids by charging higher tolls on conventional combustion vehicles. Fuel-efficient HEVs are more attractive with the rising cost of petrol and Europe's emphasis on energy independence. The market is expanding because of advancements in mild hybrids and plug-in hybrids.

Asia Pacific Hybrid Electric Vehicle Market Analysis

Asia-Pacific leads the world in HEV production and sales, with China, South Korea, and Japan leading the way. Japan is still a leader in the world market for HEVs, and most of its manufacturers are Toyota and Honda. Initiatives such as the New Energy Vehicle mandate provide incentives for hybrid vehicles as part of China's transition to green mobility. For the first time in March 2024, NEVs took a 40% share of national automobile sales, according to China Passenger Automobile Association data. It will become clear in 2023 that sales of plug-in hybrid electric vehicles are growing at a more rapid rate than pure battery electric vehicle sales. Despite starting from a lower base, plug-in hybrid electric car sales in China rose by more than 75% in the first quarter of 2023 compared with the same period last year, while battery electric car sales rose by 15% only. This is because regional automakers such as BYD have entered the HEV market, and the Asian Pacific market is developing sophisticated battery technology that will rise highly.

Latin America Hybrid Electric Vehicle Market Analysis

Latin America's HEV sector is growing because of fuel price escalation and environmental concerns. In ending 2023, Brazil commenced the Green Mobility and Innovation Program. The program offers relief in taxes to companies that create and manufacture low-emission road transport technology. These incentives total more than BRA 19 billion, that is, USD 3.8 Billion, in the period of 2024-2028. This is why many huge car manufacturers in Brazil have already started manufacturing hybrid vehicles using ethanol and electricity. Electrification of public transport in cities like Bogota in Colombia also boosts demand. Increasing awareness of the sustainability of cities and air quality is also fueling hybrid adoption. Infrastructure challenges and income inequality notwithstanding, the sector is growing due to regional partnerships with multinationals and the steady drop in HEV prices.

Middle East and Africa Hybrid Electric Vehicle Market Analysis

Increasing awareness of sustainability and volatile oil prices are making the deployment of HEVs spread across the Middle East and Africa (MEA). This is led by the United Arab Emirates, with encouragement from government laws with respect to green transportation and hybrid purchase incentives. Demand is also stimulated by Saudi Arabia's Vision 2030, which places an emphasis on sustainability. Hybrid electric buses are becoming more and more widely used in African cities to decrease air pollution. Although it is a constraint, the bond between the government and automobile companies is helping this growth. The HEV Market in the MEA is expected to rise gradually with affordability.

Competitive Landscape:

Key players are investing in research for developing advanced battery technologies, including lithium-ion and solid-state batteries, which will help in increasing the energy storage capacity and lifespan of HEV batteries. Along with this, the automakers are expanding their HEV offerings across different vehicle segments, such as sedans, SUVs, and even trucks, to cater to a wider range of consumer preferences. Further efforts are continuously being devoted to enhancing the electric-only range of HEVs and promoting general fuel efficiency. Apart from that, HEV manufactures integrate advanced connectivity features, such connectivity will better integrate to smartphone services, update over airways, and enable remote command control for mobile apps. To achieve that, companies associate themselves with technology firms to progress toward autonomous driving features, as such, the process shall be further enhanced generally in driving experience.

The report provides a comprehensive analysis of the competitive landscape in the hybrid electric vehicle market with detailed profiles of all major companies, including:

  • Toyota Motor Corporation
  • Honda Motor Co. Ltd.
  • Ford Motor Company
  • Volkswagen Aktiengesellschaft
  • General Motors Company
  • Hyundai Motor Company
  • Nissan Motor Corporation Ltd.

Key Questions Answered in This Report

  • 1.What is hybrid electric vehicle?
  • 2.How big is the hybrid electric vehicle market?
  • 3.What is the expected growth rate of the global hybrid electric vehicle market during 2025-2033?
  • 4.What are the key factors driving the global hybrid electric vehicle market?
  • 5.What is the leading segment of the global hybrid electric vehicle market based on propulsion type?
  • 6.What is the leading segment of the global hybrid electric vehicle market based on configuration type?
  • 7.What is the leading segment of the global hybrid electric vehicle market based on vehicle type?
  • 8.What is the leading segment of the global hybrid electric vehicle market based on power source?
  • 9.What are the key regions in the global hybrid electric vehicle market?
  • 10.Who are the key players/companies in the global hybrid electric vehicle market?

Table of Contents

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

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), 2019-2024
  • Figure 3: Global: Hybrid Electric Vehicle Market: Sales Value (in Billion USD), 2019-2024
  • Figure 4: Global: Hybrid Electric Vehicle Market: Breakup by Propulsion Type (in %), 2024
  • Figure 5: Global: Hybrid Electric Vehicle Market: Breakup by Configuration Type (in %), 2024
  • Figure 6: Global: Hybrid Electric Vehicle Market: Breakup by Vehicle Type (in %), 2024
  • Figure 7: Global: Hybrid Electric Vehicle Market: Breakup by Power Source (in %), 2024
  • Figure 8: Global: Hybrid Electric Vehicle Market: Breakup by Region (in %), 2024
  • Figure 9: Global: Hybrid Electric Vehicle Market Forecast: Sales Volume (in Million Units), 2025-2033
  • Figure 10: Global: Hybrid Electric Vehicle Market Forecast: Sales Value (in Billion USD), 2025-2033
  • Figure 11: Global: Hybrid Electric Vehicle (Full Hybrids) Market: Sales Volume (in Million Units), 2019 & 2024
  • Figure 12: Global: Hybrid Electric Vehicle (Full Hybrids) Market Forecast: Sales Volume (in Million Units), 2025-2033
  • Figure 13: Global: Hybrid Electric Vehicle (Mild Hybrids) Market: Sales Volume (in Million Units), 2019 & 2024
  • Figure 14: Global: Hybrid Electric Vehicle (Mild Hybrids) Market Forecast: Sales Volume (in Million Units), 2025-2033
  • Figure 15: Global: Hybrid Electric Vehicle (Plug-in Hybrids) Market: Sales Volume (in Million Units), 2019 & 2024
  • Figure 16: Global: Hybrid Electric Vehicle (Plug-in Hybrids) Market Forecast: Sales Volume (in Million Units), 2025-2033
  • Figure 17: Global: Hybrid Electric Vehicle (Others) Market: Sales Volume (in Million Units), 2019 & 2024
  • Figure 18: Global: Hybrid Electric Vehicle (Others) Market Forecast: Sales Volume (in Million Units), 2025-2033
  • Figure 19: Global: Hybrid Electric Vehicle (Series HEV) Market: Sales Volume (in Million Units), 2019 & 2024
  • Figure 20: Global: Hybrid Electric Vehicle (Series HEV) Market Forecast: Sales Volume (in Million Units), 2025-2033
  • Figure 21: Global: Hybrid Electric Vehicle (Parallel HEV) Market: Sales Volume (in Million Units), 2019 & 2024
  • Figure 22: Global: Hybrid Electric Vehicle (Parallel HEV) Market Forecast: Sales Volume (in Million Units), 2025-2033
  • Figure 23: Global: Hybrid Electric Vehicle (Combination HEV) Market: Sales Volume (in Million Units), 2019 & 2024
  • Figure 24: Global: Hybrid Electric Vehicle (Combination HEV) Market Forecast: Sales Volume (in Million Units), 2025-2033
  • Figure 25: Global: Hybrid Electric Vehicle (Passenger Cars) Market: Sales Volume (in Million Units), 2019 & 2024
  • Figure 26: Global: Hybrid Electric Vehicle (Passenger Cars) Market Forecast: Sales Volume (in Million Units), 2025-2033
  • Figure 27: Global: Hybrid Electric Vehicle (Commercial Vehicles) Market: Sales Volume (in Million Units), 2019 & 2024
  • Figure 28: Global: Hybrid Electric Vehicle (Commercial Vehicles) Market Forecast: Sales Volume (in Million Units), 2025-2033
  • Figure 29: Global: Hybrid Electric Vehicle (Two Wheelers) Market: Sales Volume (in Million Units), 2019 & 2024
  • Figure 30: Global: Hybrid Electric Vehicle (Two Wheelers) Market Forecast: Sales Volume (in Million Units), 2025-2033
  • Figure 31: Global: Hybrid Electric Vehicle (Others) Market: Sales Volume (in Million Units), 2019 & 2024
  • Figure 32: Global: Hybrid Electric Vehicle (Others) Market Forecast: Sales Volume (in Million Units), 2025-2033
  • Figure 33: Global: Hybrid Electric Vehicle (Stored Electricity) Market: Sales Volume (in Million Units), 2019 & 2024
  • Figure 34: Global: Hybrid Electric Vehicle (Stored Electricity) Market Forecast: Sales Volume (in Million Units), 2025-2033
  • Figure 35: Global: Hybrid Electric Vehicle (On Board Electric Generator) Market: Sales Volume (in Million Units), 2019 & 2024
  • Figure 36: Global: Hybrid Electric Vehicle (On Board Electric Generator) Market Forecast: Sales Volume (in Million Units), 2025-2033
  • Figure 37: North America: Hybrid Electric Vehicle Market: Sales Volume (in Million Units), 2019 & 2024
  • Figure 38: North America: Hybrid Electric Vehicle Market Forecast: Sales Volume (in Million Units), 2025-2033
  • Figure 39: United States: Hybrid Electric Vehicle Market: Sales Volume (in Million Units), 2019 & 2024
  • Figure 40: United States: Hybrid Electric Vehicle Market Forecast: Sales Volume (in Million Units), 2025-2033
  • Figure 41: Canada: Hybrid Electric Vehicle Market: Sales Volume (in Million Units), 2019 & 2024
  • Figure 42: Canada: Hybrid Electric Vehicle Market Forecast: Sales Volume (in Million Units), 2025-2033
  • Figure 43: Asia Pacific: Hybrid Electric Vehicle Market: Sales Volume (in Million Units), 2019 & 2024
  • Figure 44: Asia Pacific: Hybrid Electric Vehicle Market Forecast: Sales Volume (in Million Units), 2025-2033
  • Figure 45: China: Hybrid Electric Vehicle Market: Sales Volume (in Million Units), 2019 & 2024
  • Figure 46: China: Hybrid Electric Vehicle Market Forecast: Sales Volume (in Million Units), 2025-2033
  • Figure 47: Japan: Hybrid Electric Vehicle Market: Sales Volume (in Million Units), 2019 & 2024
  • Figure 48: Japan: Hybrid Electric Vehicle Market Forecast: Sales Volume (in Million Units), 2025-2033
  • Figure 49: India: Hybrid Electric Vehicle Market: Sales Volume (in Million Units), 2019 & 2024
  • Figure 50: India: Hybrid Electric Vehicle Market Forecast: Sales Volume (in Million Units), 2025-2033
  • Figure 51: South Korea: Hybrid Electric Vehicle Market: Sales Volume (in Million Units), 2019 & 2024
  • Figure 52: South Korea: Hybrid Electric Vehicle Market Forecast: Sales Volume (in Million Units), 2025-2033
  • Figure 53: Australia: Hybrid Electric Vehicle Market: Sales Volume (in Million Units), 2019 & 2024
  • Figure 54: Australia: Hybrid Electric Vehicle Market Forecast: Sales Volume (in Million Units), 2025-2033
  • Figure 55: Indonesia: Hybrid Electric Vehicle Market: Sales Volume (in Million Units), 2019 & 2024
  • Figure 56: Indonesia: Hybrid Electric Vehicle Market Forecast: Sales Volume (in Million Units), 2025-2033
  • Figure 57: Others: Hybrid Electric Vehicle Market: Sales Volume (in Million Units), 2019 & 2024
  • Figure 58: Others: Hybrid Electric Vehicle Market Forecast: Sales Volume (in Million Units), 2025-2033
  • Figure 59: Europe: Hybrid Electric Vehicle Market: Sales Volume (in Million Units), 2019 & 2024
  • Figure 60: Europe: Hybrid Electric Vehicle Market Forecast: Sales Volume (in Million Units), 2025-2033
  • Figure 61: Germany: Hybrid Electric Vehicle Market: Sales Volume (in Million Units), 2019 & 2024
  • Figure 62: Germany: Hybrid Electric Vehicle Market Forecast: Sales Volume (in Million Units), 2025-2033
  • Figure 63: France: Hybrid Electric Vehicle Market: Sales Volume (in Million Units), 2019 & 2024
  • Figure 64: France: Hybrid Electric Vehicle Market Forecast: Sales Volume (in Million Units), 2025-2033
  • Figure 65: United Kingdom: Hybrid Electric Vehicle Market: Sales Volume (in Million Units), 2019 & 2024
  • Figure 66: United Kingdom: Hybrid Electric Vehicle Market Forecast: Sales Volume (in Million Units), 2025-2033
  • Figure 67: Italy: Hybrid Electric Vehicle Market: Sales Volume (in Million Units), 2019 & 2024
  • Figure 68: Italy: Hybrid Electric Vehicle Market Forecast: Sales Volume (in Million Units), 2025-2033
  • Figure 69: Spain: Hybrid Electric Vehicle Market: Sales Volume (in Million Units), 2019 & 2024
  • Figure 70: Spain: Hybrid Electric Vehicle Market Forecast: Sales Volume (in Million Units), 2025-2033
  • Figure 71: Russia: Hybrid Electric Vehicle Market: Sales Volume (in Million Units), 2019 & 2024
  • Figure 72: Russia: Hybrid Electric Vehicle Market Forecast: Sales Volume (in Million Units), 2025-2033
  • Figure 73: Others: Hybrid Electric Vehicle Market: Sales Volume (in Million Units), 2019 & 2024
  • Figure 74: Others: Hybrid Electric Vehicle Market Forecast: Sales Volume (in Million Units), 2025-2033
  • Figure 75: Latin America: Hybrid Electric Vehicle Market: Sales Volume (in Million Units), 2019 & 2024
  • Figure 76: Latin America: Hybrid Electric Vehicle Market Forecast: Sales Volume (in Million Units), 2025-2033
  • Figure 77: Brazil: Hybrid Electric Vehicle Market: Sales Volume (in Million Units), 2019 & 2024
  • Figure 78: Brazil: Hybrid Electric Vehicle Market Forecast: Sales Volume (in Million Units), 2025-2033
  • Figure 79: Mexico: Hybrid Electric Vehicle Market: Sales Volume (in Million Units), 2019 & 2024
  • Figure 80: Mexico: Hybrid Electric Vehicle Market Forecast: Sales Volume (in Million Units), 2025-2033
  • Figure 81: Others: Hybrid Electric Vehicle Market: Sales Volume (in Million Units), 2019 & 2024
  • Figure 82: Others: Hybrid Electric Vehicle Market Forecast: Sales Volume (in Million Units), 2025-2033
  • Figure 83: Middle East and Africa: Hybrid Electric Vehicle Market: Sales Volume (in Million Units), 2019 & 2024
  • Figure 84: Middle East and Africa: Hybrid Electric Vehicle Market Forecast: Sales Volume (in Million Units), 2025-2033
  • 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

List of Tables

  • Table 1: Global: Hybrid Electric Vehicle Market: Key Industry Highlights, 2024 and 2033
  • Table 2: Global: Hybrid Electric Vehicle Market Forecast: Breakup by Propulsion Type (in Million Units), 2025-2033
  • Table 3: Global: Hybrid Electric Vehicle Market Forecast: Breakup by Configuration Type (in Million Units), 2025-2033
  • Table 4: Global: Hybrid Electric Vehicle Market Forecast: Breakup by Vehicle Type (in Million Units), 2025-2033
  • Table 5: Global: Hybrid Electric Vehicle Market Forecast: Breakup by Power Source (in Million Units), 2025-2033
  • Table 6: Global: Hybrid Electric Vehicle Market Forecast: Breakup by Region (in Million Units), 2025-2033
  • Table 7: Global: Hybrid Electric Vehicle Market: Competitive Structure
  • Table 8: Global: Hybrid Electric Vehicle Market: Key Players