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(Transportation-News.com, January 25, 2019 ) According to a study by Fact.MR, the global hybrid electric vehicle market is expected to experience strong growth, reaching US$ 42,103.9 million revenue. Leading hybrid electric vehicles market players are working to increase the speed of hybrid electric vehicles. They are also focusing on offering lightweight vehicles and improve battery power. Moreover, increasing consumer preference for environmentally friendly and fuel-efficient vehicles are some of the factors driving the growth of the hybrid electric vehicles market.
Stored Electricity Power Source to Gain Maximum Revenue Share
Compared to on-board electric generator as a power source for hybrid electric vehicles, stored electricity power source is expected to account for more than three-fourth of the hybrid electric vehicles market revenue share by the end of 2017. Meanwhile, on-board electric generator will also experience impressive growth during 2017-2022.
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Parallel Hybrid Powertrain System to Witness Robust Growth
Parallel hybrid powertrain system is expected to witness impressive growth in hybrid electric vehicles market during the forecast period. Towards the end of 2022, parallel hybrid powertrain system is projected to reach nearly US$ 32,700 million revenues. Meanwhile, series hybrid powertrain system will also experience strong growth in hybrid electric vehicles market during 2017-2022.
Passenger Hybrid Electric Vehicles to Witness Maximum Sales
Passenger vehicles are expected to account for nearly three-fifth of the revenue share of hybrid electric vehicles market by the end of 2017. Towards the end of 2022, passenger hybrid electric vehicles are estimated to bring in nearly US$ 25, 300 million revenues. Commercial hybrid electric vehicles are also expected to create an incremental opportunity of more than US$ 4,400 million during 2017-2022.
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Competition Tracking
The report also profiles companies that are expected to remain active in the expansion of global hybrid electric vehicles market through 2022, which include Bayerische Motoren Werke AG, Nissan Motor Corporation, Limited, Honda Motor Company, Limited, Volkswagen AG, Toyota Motor Corporation, Tesla Motors, Inc., Renault SA, Mitsubishi Heavy Industries Ltd, Ford Motor Company, General Motors, and Daimler AG.
Key players in the hybrid electric vehicle market are focusing on providing efficient and durable batteries, as hybrid electric vehicles need frequent charging as it loses its battery power in a very short time. Hybrid electric vehicle market players are also adding new features to meet customer expectations. Stringent rules and regulations on vehicle emissions in various countries are also resulting into leading automobile manufacturers moving towards producing hybrid electric vehicles. Also, Li-ion batteries are being used on a large scale in hybrid electric vehicles as these batteries have very low self-discharge rate. However, hybrid electric vehicles market still faces some challenges such as costs, complex safety requirements, and powertrain complexity.
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Table of Content Covered in the report are:
1. Global Hybrid Electric Vehicles Market - Executive Summary
2. Global Hybrid Electric Vehicles Market Overview
2.1. Introduction
2.1.1. Global Hybrid Electric Vehicles Market Taxonomy
2.1.2. Global Hybrid Electric Vehicles Market Definition
2.2. Global Hybrid Electric Vehicles Market Size (US$ Mn) and Forecast, 2012-2022
2.2.1. Global Hybrid Electric Vehicles Market Y-o-Y Growth
2.3. Global Hybrid Electric Vehicles Market Dynamics
2.4. Supply Chain
2.5. Cost Structure
2.6. Pricing Analysis
2.7. Raw Material Sourcing Strategy and Analysis
2.8. List of Distributors
2.9. Key Participants Market Presence (Intensity Map) By Region
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3. Global Hybrid Electric Vehicles Market Analysis and Forecast By Power Source
3.1. Global Hybrid Electric Vehicles Market Size and Forecast By Power Source, 2012-2022
3.1.1. Stored Electricity Hybrid Electric Vehicles Market Size and Forecast, 2012-2022
3.1.1.1. Revenue (US$ Mn) Comparison, By Region
3.1.1.2. Market Share Comparison, By Region
3.1.1.3. Y-o-Y growth Comparison, By Region
3.1.2. On Board Electric Generator Hybrid Electric Vehicles Market Size and Forecast, 2012-2022
3.1.2.1. Revenue (US$ Mn) Comparison, By Region
3.1.2.2. Market Share Comparison, By Region
3.1.2.3. Y-o-Y growth Comparison, By Region
4. Global Hybrid Electric Vehicles Market Analysis and Forecast By Powertrain
4.1. Global Hybrid Electric Vehicles Market Size and Forecast By Powertrain, 2012-2022
4.1.1. Series Hybrid Hybrid Electric Vehicles Market Size and Forecast, 2012-2022
4.1.1.1. Revenue (US$ Mn) Comparison, By Region
4.1.1.2. Market Share Comparison, By Region
4.1.1.3. Y-o-Y growth Comparison, By Region
4.1.2. Parallel Hybrid Hybrid Electric Vehicles Market Size and Forecast, 2012-2022
4.1.2.1. Revenue (US$ Mn) Comparison, By Region
4.1.2.2. Market Share Comparison, By Region
4.1.2.3. Y-o-Y growth Comparison, By Region
4.1.3. Combined Hybrid Hybrid Electric Vehicles Market Size and Forecast, 2012-2022
4.1.3.1. Revenue (US$ Mn) Comparison, By Region
4.1.3.2. Market Share Comparison, By Region
4.1.3.3. Y-o-Y growth Comparison, By Region
And Continue...
Fact.MR
James Hilton
+353-1-6111-593
info@factmr.com
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