Hybrid Cars and EVs Market - Global Outlook and Forecast 2024-2031

Report ID: 1029754 | Published Date: Jan 2025 | No. of Page: 129 | Base Year: 2024 | Rating: 3.9 | Webstory: Check our Web story

Hybrid Cars and EVs is one kind of new vehicle which utilizes the unconventional fuel as the power source integrating the advanced technology of the power control and drive section. The unconventional fuel generally is power. It mainly includes the PHEV, EV and HEV.
This report contains market size and forecasts of Hybrid Cars and EVs in global, including the following market information:
Global Hybrid Cars and EVs Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Hybrid Cars and EVs Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Hybrid Cars and EVs companies in 2021 (%)
The global Hybrid Cars and EVs market was valued at 225270 million in 2021 and is projected to reach US$ 1011140 million by 2028, at a CAGR of 23.9% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
HEV Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Hybrid Cars and EVs include TOYOTA, BYD, Tesla, Nissan, BMW, Mitsubishi, Volkswagen, Renault and BAIC, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Hybrid Cars and EVs manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Hybrid Cars and EVs Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Hybrid Cars and EVs Market Segment Percentages, by Type, 2021 (%)
HEV
PHEV
EV
Global Hybrid Cars and EVs Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Hybrid Cars and EVs Market Segment Percentages, by Application, 2021 (%)
Home Use
Commercial Use
Global Hybrid Cars and EVs Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Hybrid Cars and EVs Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Hybrid Cars and EVs revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Hybrid Cars and EVs revenues share in global market, 2021 (%)
Key companies Hybrid Cars and EVs sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Hybrid Cars and EVs sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
TOYOTA
BYD
Tesla
Nissan
BMW
Mitsubishi
Volkswagen
Renault
BAIC
GM
Ford
JAC
Yutong
SAIC
Zhong Tong
ZOTYE
KANDI
King-long
VOLVO
Mercedes-Benz
Chery
Audi

Frequently Asked Questions
Hybrid Cars and EVs Market In Global report offers great insights of the market and consumer data and their interpretation through various figures and graphs. Report has embedded global market and regional market deep analysis through various research methodologies. The report also offers great competitor analysis of the industries and highlights the key aspect of their business like success stories, market development and growth rate.
Hybrid Cars and EVs Market In Global report is categorised based on following features:
  1. Global Market Players
  2. Geopolitical regions
  3. Consumer Insights
  4. Technological advancement
  5. Historic and Future Analysis of the Market
Hybrid Cars and EVs Market In Global report is designed on the six basic aspects of analysing the market, which covers the SWOT and SWAR analysis like strength, weakness, opportunity, threat, aspirations and results. This methodology helps investors to reach on to the desired and correct decision to put their capital into the market.

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