Hybrid & Electric Cars Global Industry Almanac 2019-2028


Summary

Global Hybrid & Electric Cars industry profile provides top-line qualitative and quantitative summary information including: Market size (value and volume 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the Market.


Key Highlights

  • The hybrid & electric cars market consists of the initial retail sale/registration of new electric and hybrid passenger cars. Passenger cars include saloons/sedans, hatchbacks, SUVs, 4x4s, and other related vehicles.
  • The market value is calculated at the retail selling price (RSP) and the market volume is given in terms of units sold.
  • The electric cars segment refers to all-electric vehicles only, namely Battery Electric Vehicles (BEVs).
  • The hybrid cars segment refers to all types of hybrid electric cars such as full-standard Hybrid Electric Vehicles (FHEVs), and mild and plug-in hybrid electric vehicles (MHEVs and PHEVs). The other alternative fuel vehicles (e.g., LPG, Hydrogen fuel cell, or 48vMEHVs) are not included.
  • All market data and forecasts are adjusted for inflation and all currency conversions used in the creation of this report have been calculated using yearly annual average exchange rates.
  • The global hybrid & electric cars market recorded revenues of $894,088.8 million in 2023, representing a compound annual growth rate (CAGR) of 38.2% between 2018 and 2023.
  • Market production volume increased with a CAGR of 34.8% between 2018 and 2023, to reach a total of 19,607,998 units in 2023.
  • In the global market, Asia-Pacific held the largest share of 52.8% followed by Europe at 28.5%, and North America at 14.8%nin 2023.




Scope

  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the global hybrid & electric cars Market
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the global hybrid & electric cars Market
  • Leading company profiles reveal details of key hybrid & electric cars Market players’ global operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the global hybrid & electric cars Market with five year forecasts by both value and volume




Reasons To Buy

  • What was the size of the global hybrid & electric cars Market by value in 2023?
  • What will be the size of the global hybrid & electric cars Market in 2028?
  • What factors are affecting the strength of competition in the global hybrid & electric cars Market?
  • How has the Market performed over the last five years?
  • What are the main segments that make up the global hybrid & electric cars Market?