Abstract
Summary
LPI (LP Information)' newest research report, the “Hybrid Electric Vehicle (HEV) Industry Forecast” looks at past sales and reviews total world Hybrid Electric Vehicle (HEV) sales in 2022, providing a comprehensive analysis by region and market sector of projected Hybrid Electric Vehicle (HEV) sales for 2023 through 2029. With Hybrid Electric Vehicle (HEV) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Hybrid Electric Vehicle (HEV) industry.
This Insight Report provides a comprehensive analysis of the global Hybrid Electric Vehicle (HEV) landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Hybrid Electric Vehicle (HEV) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Hybrid Electric Vehicle (HEV) market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Hybrid Electric Vehicle (HEV) and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Hybrid Electric Vehicle (HEV).
The global Hybrid Electric Vehicle (HEV) market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.
United States market for Hybrid Electric Vehicle (HEV) is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
China market for Hybrid Electric Vehicle (HEV) is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
Europe market for Hybrid Electric Vehicle (HEV) is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
Global key Hybrid Electric Vehicle (HEV) players cover Nissan (Japan), Peugeot (France), Saturn (U.S.), Toyota (Japan), Volkswagen (Germany), Audi (Germany), BMW (Germany), Mercedes (Germany) and Buick (U.S.), etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.
This report presents a comprehensive overview, market shares, and growth opportunities of Hybrid Electric Vehicle (HEV) market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Parallel Hybrid Electric Vehicle
Series Hybrid Electric Vehicle
Segmentation by application
Commercial
Passenger
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Nissan (Japan)
Peugeot (France)
Saturn (U.S.)
Toyota (Japan)
Volkswagen (Germany)
Audi (Germany)
BMW (Germany)
Mercedes (Germany)
Buick (U.S.)
Chevrolet (U.S.)
Daimler (Germany)
AW Group Corp. (China)
Honda (Japan)
Mercedes (Germany)
Ford (U.S.)
Lexus (Japan)
BYD (China)
Volvo (Sweden)
KIA (Korea)
Key Questions Addressed in this Report
What is the 10-year outlook for the global Hybrid Electric Vehicle (HEV) market?
What factors are driving Hybrid Electric Vehicle (HEV) market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Hybrid Electric Vehicle (HEV) market opportunities vary by end market size?
How does Hybrid Electric Vehicle (HEV) break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
This Insight Report provides a comprehensive analysis of the global Hybrid Electric Vehicle (HEV) landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Hybrid Electric Vehicle (HEV) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Hybrid Electric Vehicle (HEV) market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Hybrid Electric Vehicle (HEV) and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Hybrid Electric Vehicle (HEV).
The global Hybrid Electric Vehicle (HEV) market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.
United States market for Hybrid Electric Vehicle (HEV) is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
China market for Hybrid Electric Vehicle (HEV) is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
Europe market for Hybrid Electric Vehicle (HEV) is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
Global key Hybrid Electric Vehicle (HEV) players cover Nissan (Japan), Peugeot (France), Saturn (U.S.), Toyota (Japan), Volkswagen (Germany), Audi (Germany), BMW (Germany), Mercedes (Germany) and Buick (U.S.), etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.
This report presents a comprehensive overview, market shares, and growth opportunities of Hybrid Electric Vehicle (HEV) market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Parallel Hybrid Electric Vehicle
Series Hybrid Electric Vehicle
Segmentation by application
Commercial
Passenger
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Nissan (Japan)
Peugeot (France)
Saturn (U.S.)
Toyota (Japan)
Volkswagen (Germany)
Audi (Germany)
BMW (Germany)
Mercedes (Germany)
Buick (U.S.)
Chevrolet (U.S.)
Daimler (Germany)
AW Group Corp. (China)
Honda (Japan)
Mercedes (Germany)
Ford (U.S.)
Lexus (Japan)
BYD (China)
Volvo (Sweden)
KIA (Korea)
Key Questions Addressed in this Report
What is the 10-year outlook for the global Hybrid Electric Vehicle (HEV) market?
What factors are driving Hybrid Electric Vehicle (HEV) market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Hybrid Electric Vehicle (HEV) market opportunities vary by end market size?
How does Hybrid Electric Vehicle (HEV) break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Table of Contents
1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Hybrid Electric Vehicle (HEV) Annual Sales 2018-2029
2.1.2 World Current & Future Analysis for Hybrid Electric Vehicle (HEV) by Geographic Region, 2018, 2022 & 2029
2.1.3 World Current & Future Analysis for Hybrid Electric Vehicle (HEV) by Country/Region, 2018, 2022 & 2029
2.2 Hybrid Electric Vehicle (HEV) Segment by Type
2.2.1 Parallel Hybrid Electric Vehicle
2.2.2 Series Hybrid Electric Vehicle
2.3 Hybrid Electric Vehicle (HEV) Sales by Type
2.3.1 Global Hybrid Electric Vehicle (HEV) Sales Market Share by Type (2018-2023)
2.3.2 Global Hybrid Electric Vehicle (HEV) Revenue and Market Share by Type (2018-2023)
2.3.3 Global Hybrid Electric Vehicle (HEV) Sale Price by Type (2018-2023)
2.4 Hybrid Electric Vehicle (HEV) Segment by Application
2.4.1 Commercial
2.4.2 Passenger
2.5 Hybrid Electric Vehicle (HEV) Sales by Application
2.5.1 Global Hybrid Electric Vehicle (HEV) Sale Market Share by Application (2018-2023)
2.5.2 Global Hybrid Electric Vehicle (HEV) Revenue and Market Share by Application (2018-2023)
2.5.3 Global Hybrid Electric Vehicle (HEV) Sale Price by Application (2018-2023)
3 Global Hybrid Electric Vehicle (HEV) by Company
3.1 Global Hybrid Electric Vehicle (HEV) Breakdown Data by Company
3.1.1 Global Hybrid Electric Vehicle (HEV) Annual Sales by Company (2018-2023)
3.1.2 Global Hybrid Electric Vehicle (HEV) Sales Market Share by Company (2018-2023)
3.2 Global Hybrid Electric Vehicle (HEV) Annual Revenue by Company (2018-2023)
3.2.1 Global Hybrid Electric Vehicle (HEV) Revenue by Company (2018-2023)
3.2.2 Global Hybrid Electric Vehicle (HEV) Revenue Market Share by Company (2018-2023)
3.3 Global Hybrid Electric Vehicle (HEV) Sale Price by Company
3.4 Key Manufacturers Hybrid Electric Vehicle (HEV) Producing Area Distribution, Sales Area, Product Type
3.4.1 Key Manufacturers Hybrid Electric Vehicle (HEV) Product Location Distribution
3.4.2 Players Hybrid Electric Vehicle (HEV) Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) & (2018-2023)
3.6 New Products and Potential Entrants
3.7 Mergers & Acquisitions, Expansion
4 World Historic Review for Hybrid Electric Vehicle (HEV) by Geographic Region
4.1 World Historic Hybrid Electric Vehicle (HEV) Market Size by Geographic Region (2018-2023)
4.1.1 Global Hybrid Electric Vehicle (HEV) Annual Sales by Geographic Region (2018-2023)
4.1.2 Global Hybrid Electric Vehicle (HEV) Annual Revenue by Geographic Region (2018-2023)
4.2 World Historic Hybrid Electric Vehicle (HEV) Market Size by Country/Region (2018-2023)
4.2.1 Global Hybrid Electric Vehicle (HEV) Annual Sales by Country/Region (2018-2023)
4.2.2 Global Hybrid Electric Vehicle (HEV) Annual Revenue by Country/Region (2018-2023)
4.3 Americas Hybrid Electric Vehicle (HEV) Sales Growth
4.4 APAC Hybrid Electric Vehicle (HEV) Sales Growth
4.5 Europe Hybrid Electric Vehicle (HEV) Sales Growth
4.6 Middle East & Africa Hybrid Electric Vehicle (HEV) Sales Growth
5 Americas
5.1 Americas Hybrid Electric Vehicle (HEV) Sales by Country
5.1.1 Americas Hybrid Electric Vehicle (HEV) Sales by Country (2018-2023)
5.1.2 Americas Hybrid Electric Vehicle (HEV) Revenue by Country (2018-2023)
5.2 Americas Hybrid Electric Vehicle (HEV) Sales by Type
5.3 Americas Hybrid Electric Vehicle (HEV) Sales by Application
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Hybrid Electric Vehicle (HEV) Sales by Region
6.1.1 APAC Hybrid Electric Vehicle (HEV) Sales by Region (2018-2023)
6.1.2 APAC Hybrid Electric Vehicle (HEV) Revenue by Region (2018-2023)
6.2 APAC Hybrid Electric Vehicle (HEV) Sales by Type
6.3 APAC Hybrid Electric Vehicle (HEV) Sales by Application
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 China Taiwan
7 Europe
7.1 Europe Hybrid Electric Vehicle (HEV) by Country
7.1.1 Europe Hybrid Electric Vehicle (HEV) Sales by Country (2018-2023)
7.1.2 Europe Hybrid Electric Vehicle (HEV) Revenue by Country (2018-2023)
7.2 Europe Hybrid Electric Vehicle (HEV) Sales by Type
7.3 Europe Hybrid Electric Vehicle (HEV) Sales by Application
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Hybrid Electric Vehicle (HEV) by Country
8.1.1 Middle East & Africa Hybrid Electric Vehicle (HEV) Sales by Country (2018-2023)
8.1.2 Middle East & Africa Hybrid Electric Vehicle (HEV) Revenue by Country (2018-2023)
8.2 Middle East & Africa Hybrid Electric Vehicle (HEV) Sales by Type
8.3 Middle East & Africa Hybrid Electric Vehicle (HEV) Sales by Application
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Manufacturing Cost Structure Analysis
10.1 Raw Material and Suppliers
10.2 Manufacturing Cost Structure Analysis of Hybrid Electric Vehicle (HEV)
10.3 Manufacturing Process Analysis of Hybrid Electric Vehicle (HEV)
10.4 Industry Chain Structure of Hybrid Electric Vehicle (HEV)
11 Marketing, Distributors and Customer
11.1 Sales Channel
11.1.1 Direct Channels
11.1.2 Indirect Channels
11.2 Hybrid Electric Vehicle (HEV) Distributors
11.3 Hybrid Electric Vehicle (HEV) Customer
12 World Forecast Review for Hybrid Electric Vehicle (HEV) by Geographic Region
12.1 Global Hybrid Electric Vehicle (HEV) Market Size Forecast by Region
12.1.1 Global Hybrid Electric Vehicle (HEV) Forecast by Region (2024-2029)
12.1.2 Global Hybrid Electric Vehicle (HEV) Annual Revenue Forecast by Region (2024-2029)
12.2 Americas Forecast by Country
12.3 APAC Forecast by Region
12.4 Europe Forecast by Country
12.5 Middle East & Africa Forecast by Country
12.6 Global Hybrid Electric Vehicle (HEV) Forecast by Type
12.7 Global Hybrid Electric Vehicle (HEV) Forecast by Application
13 Key Players Analysis
13.1 Nissan (Japan)
13.1.1 Nissan (Japan) Company Information
13.1.2 Nissan (Japan) Hybrid Electric Vehicle (HEV) Product Portfolios and Specifications
13.1.3 Nissan (Japan) Hybrid Electric Vehicle (HEV) Sales, Revenue, Price and Gross Margin (2018-2023)
13.1.4 Nissan (Japan) Main Business Overview
13.1.5 Nissan (Japan) Latest Developments
13.2 Peugeot (France)
13.2.1 Peugeot (France) Company Information
13.2.2 Peugeot (France) Hybrid Electric Vehicle (HEV) Product Portfolios and Specifications
13.2.3 Peugeot (France) Hybrid Electric Vehicle (HEV) Sales, Revenue, Price and Gross Margin (2018-2023)
13.2.4 Peugeot (France) Main Business Overview
13.2.5 Peugeot (France) Latest Developments
13.3 Saturn (U.S.)
13.3.1 Saturn (U.S.) Company Information
13.3.2 Saturn (U.S.) Hybrid Electric Vehicle (HEV) Product Portfolios and Specifications
13.3.3 Saturn (U.S.) Hybrid Electric Vehicle (HEV) Sales, Revenue, Price and Gross Margin (2018-2023)
13.3.4 Saturn (U.S.) Main Business Overview
13.3.5 Saturn (U.S.) Latest Developments
13.4 Toyota (Japan)
13.4.1 Toyota (Japan) Company Information
13.4.2 Toyota (Japan) Hybrid Electric Vehicle (HEV) Product Portfolios and Specifications
13.4.3 Toyota (Japan) Hybrid Electric Vehicle (HEV) Sales, Revenue, Price and Gross Margin (2018-2023)
13.4.4 Toyota (Japan) Main Business Overview
13.4.5 Toyota (Japan) Latest Developments
13.5 Volkswagen (Germany)
13.5.1 Volkswagen (Germany) Company Information
13.5.2 Volkswagen (Germany) Hybrid Electric Vehicle (HEV) Product Portfolios and Specifications
13.5.3 Volkswagen (Germany) Hybrid Electric Vehicle (HEV) Sales, Revenue, Price and Gross Margin (2018-2023)
13.5.4 Volkswagen (Germany) Main Business Overview
13.5.5 Volkswagen (Germany) Latest Developments
13.6 Audi (Germany)
13.6.1 Audi (Germany) Company Information
13.6.2 Audi (Germany) Hybrid Electric Vehicle (HEV) Product Portfolios and Specifications
13.6.3 Audi (Germany) Hybrid Electric Vehicle (HEV) Sales, Revenue, Price and Gross Margin (2018-2023)
13.6.4 Audi (Germany) Main Business Overview
13.6.5 Audi (Germany) Latest Developments
13.7 BMW (Germany)
13.7.1 BMW (Germany) Company Information
13.7.2 BMW (Germany) Hybrid Electric Vehicle (HEV) Product Portfolios and Specifications
13.7.3 BMW (Germany) Hybrid Electric Vehicle (HEV) Sales, Revenue, Price and Gross Margin (2018-2023)
13.7.4 BMW (Germany) Main Business Overview
13.7.5 BMW (Germany) Latest Developments
13.8 Mercedes (Germany)
13.8.1 Mercedes (Germany) Company Information
13.8.2 Mercedes (Germany) Hybrid Electric Vehicle (HEV) Product Portfolios and Specifications
13.8.3 Mercedes (Germany) Hybrid Electric Vehicle (HEV) Sales, Revenue, Price and Gross Margin (2018-2023)
13.8.4 Mercedes (Germany) Main Business Overview
13.8.5 Mercedes (Germany) Latest Developments
13.9 Buick (U.S.)
13.9.1 Buick (U.S.) Company Information
13.9.2 Buick (U.S.) Hybrid Electric Vehicle (HEV) Product Portfolios and Specifications
13.9.3 Buick (U.S.) Hybrid Electric Vehicle (HEV) Sales, Revenue, Price and Gross Margin (2018-2023)
13.9.4 Buick (U.S.) Main Business Overview
13.9.5 Buick (U.S.) Latest Developments
13.10 Chevrolet (U.S.)
13.10.1 Chevrolet (U.S.) Company Information
13.10.2 Chevrolet (U.S.) Hybrid Electric Vehicle (HEV) Product Portfolios and Specifications
13.10.3 Chevrolet (U.S.) Hybrid Electric Vehicle (HEV) Sales, Revenue, Price and Gross Margin (2018-2023)
13.10.4 Chevrolet (U.S.) Main Business Overview
13.10.5 Chevrolet (U.S.) Latest Developments
13.11 Daimler (Germany)
13.11.1 Daimler (Germany) Company Information
13.11.2 Daimler (Germany) Hybrid Electric Vehicle (HEV) Product Portfolios and Specifications
13.11.3 Daimler (Germany) Hybrid Electric Vehicle (HEV) Sales, Revenue, Price and Gross Margin (2018-2023)
13.11.4 Daimler (Germany) Main Business Overview
13.11.5 Daimler (Germany) Latest Developments
13.12 AW Group Corp. (China)
13.12.1 AW Group Corp. (China) Company Information
13.12.2 AW Group Corp. (China) Hybrid Electric Vehicle (HEV) Product Portfolios and Specifications
13.12.3 AW Group Corp. (China) Hybrid Electric Vehicle (HEV) Sales, Revenue, Price and Gross Margin (2018-2023)
13.12.4 AW Group Corp. (China) Main Business Overview
13.12.5 AW Group Corp. (China) Latest Developments
13.13 Honda (Japan)
13.13.1 Honda (Japan) Company Information
13.13.2 Honda (Japan) Hybrid Electric Vehicle (HEV) Product Portfolios and Specifications
13.13.3 Honda (Japan) Hybrid Electric Vehicle (HEV) Sales, Revenue, Price and Gross Margin (2018-2023)
13.13.4 Honda (Japan) Main Business Overview
13.13.5 Honda (Japan) Latest Developments
13.14 Mercedes (Germany)
13.14.1 Mercedes (Germany) Company Information
13.14.2 Mercedes (Germany) Hybrid Electric Vehicle (HEV) Product Portfolios and Specifications
13.14.3 Mercedes (Germany) Hybrid Electric Vehicle (HEV) Sales, Revenue, Price and Gross Margin (2018-2023)
13.14.4 Mercedes (Germany) Main Business Overview
13.14.5 Mercedes (Germany) Latest Developments
13.15 Ford (U.S.)
13.15.1 Ford (U.S.) Company Information
13.15.2 Ford (U.S.) Hybrid Electric Vehicle (HEV) Product Portfolios and Specifications
13.15.3 Ford (U.S.) Hybrid Electric Vehicle (HEV) Sales, Revenue, Price and Gross Margin (2018-2023)
13.15.4 Ford (U.S.) Main Business Overview
13.15.5 Ford (U.S.) Latest Developments
13.16 Lexus (Japan)
13.16.1 Lexus (Japan) Company Information
13.16.2 Lexus (Japan) Hybrid Electric Vehicle (HEV) Product Portfolios and Specifications
13.16.3 Lexus (Japan) Hybrid Electric Vehicle (HEV) Sales, Revenue, Price and Gross Margin (2018-2023)
13.16.4 Lexus (Japan) Main Business Overview
13.16.5 Lexus (Japan) Latest Developments
13.17 BYD (China)
13.17.1 BYD (China) Company Information
13.17.2 BYD (China) Hybrid Electric Vehicle (HEV) Product Portfolios and Specifications
13.17.3 BYD (China) Hybrid Electric Vehicle (HEV) Sales, Revenue, Price and Gross Margin (2018-2023)
13.17.4 BYD (China) Main Business Overview
13.17.5 BYD (China) Latest Developments
13.18 Volvo (Sweden)
13.18.1 Volvo (Sweden) Company Information
13.18.2 Volvo (Sweden) Hybrid Electric Vehicle (HEV) Product Portfolios and Specifications
13.18.3 Volvo (Sweden) Hybrid Electric Vehicle (HEV) Sales, Revenue, Price and Gross Margin (2018-2023)
13.18.4 Volvo (Sweden) Main Business Overview
13.18.5 Volvo (Sweden) Latest Developments
13.19 KIA (Korea)
13.19.1 KIA (Korea) Company Information
13.19.2 KIA (Korea) Hybrid Electric Vehicle (HEV) Product Portfolios and Specifications
13.19.3 KIA (Korea) Hybrid Electric Vehicle (HEV) Sales, Revenue, Price and Gross Margin (2018-2023)
13.19.4 KIA (Korea) Main Business Overview
13.19.5 KIA (Korea) Latest Developments
14 Research Findings and Conclusion