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Global Hybrid and Electric Vehicles Market Research Report 2024
Synopsis
HEVs represent the transformation of the global automotive industry. HEVs are an amalgamation of ICE vehicles and electric vehicles (EVs).
The global Hybrid and Electric Vehicles market was valued at US$ 218930 million in 2023 and is anticipated to reach US$ 1036460 million by 2030, witnessing a CAGR of 24.5% during the forecast period 2024-2030.
Global EV sales continued strong. A total of 10,5 million new BEVs and PHEVs were delivered during 2022, an increase of +55 % compared to 2021. China and Europe emerged as the main drivers of strong growth in global EV sales. In 2022, the production and sales of new energy vehicles in China reach 7.0 million and 6.8 million respectively, a year-on-year increase of 96.9% and 93.4%, with a market share of 25.6%. The production and sales of new energy vehicles have ranked first in the world for eight consecutive years. Among them, the sales volume of pure electric vehicles was 5.365 million, a year-on-year increase of 81.6%. In 2022, sales of pure electric vehicles in Europe will increase by 29% year-on-year to 1.58 million.
This report aims to provide a comprehensive presentation of the global market for Hybrid and Electric Vehicles, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Hybrid and Electric Vehicles.
Report Scope
The Hybrid and Electric Vehicles market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Hybrid and Electric Vehicles market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Hybrid and Electric Vehicles manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
BAIC
BMW
BYD
Ford
Geely
Honda
Hyundai-Kia
Tesla
Toyota
Segment by Type
Hybrid Electric Vehicles
Pure Electric Vehicles
Segment by Application
Light Vehicles
Medium- and Heavy-Duty Vehicles
Production by Region
North America
Europe
China
Japan
South Korea
India
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Hybrid and Electric Vehicles manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Hybrid and Electric Vehicles by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Hybrid and Electric Vehicles in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
HEVs represent the transformation of the global automotive industry. HEVs are an amalgamation of ICE vehicles and electric vehicles (EVs).
The global Hybrid and Electric Vehicles market was valued at US$ 218930 million in 2023 and is anticipated to reach US$ 1036460 million by 2030, witnessing a CAGR of 24.5% during the forecast period 2024-2030.
Global EV sales continued strong. A total of 10,5 million new BEVs and PHEVs were delivered during 2022, an increase of +55 % compared to 2021. China and Europe emerged as the main drivers of strong growth in global EV sales. In 2022, the production and sales of new energy vehicles in China reach 7.0 million and 6.8 million respectively, a year-on-year increase of 96.9% and 93.4%, with a market share of 25.6%. The production and sales of new energy vehicles have ranked first in the world for eight consecutive years. Among them, the sales volume of pure electric vehicles was 5.365 million, a year-on-year increase of 81.6%. In 2022, sales of pure electric vehicles in Europe will increase by 29% year-on-year to 1.58 million.
This report aims to provide a comprehensive presentation of the global market for Hybrid and Electric Vehicles, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Hybrid and Electric Vehicles.
Report Scope
The Hybrid and Electric Vehicles market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Hybrid and Electric Vehicles market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Hybrid and Electric Vehicles manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
BAIC
BMW
BYD
Ford
Geely
Honda
Hyundai-Kia
Tesla
Toyota
Segment by Type
Hybrid Electric Vehicles
Pure Electric Vehicles
Segment by Application
Light Vehicles
Medium- and Heavy-Duty Vehicles
Production by Region
North America
Europe
China
Japan
South Korea
India
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Hybrid and Electric Vehicles manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Hybrid and Electric Vehicles by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Hybrid and Electric Vehicles in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
Index1 Hybrid and Electric Vehicles Market Overview
1.1 Product Definition
1.2 Hybrid and Electric Vehicles Segment by Type
1.2.1 Global Hybrid and Electric Vehicles Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 Hybrid Electric Vehicles
1.2.3 Pure Electric Vehicles
1.3 Hybrid and Electric Vehicles Segment by Application
1.3.1 Global Hybrid and Electric Vehicles Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Light Vehicles
1.3.3 Medium- and Heavy-Duty Vehicles
1.4 Global Market Growth Prospects
1.4.1 Global Hybrid and Electric Vehicles Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Hybrid and Electric Vehicles Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Hybrid and Electric Vehicles Production Estimates and Forecasts (2019-2030)
1.4.4 Global Hybrid and Electric Vehicles Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Hybrid and Electric Vehicles Production Market Share by Manufacturers (2019-2024)
2.2 Global Hybrid and Electric Vehicles Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Hybrid and Electric Vehicles, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Hybrid and Electric Vehicles Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Hybrid and Electric Vehicles Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Hybrid and Electric Vehicles, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Hybrid and Electric Vehicles, Product Offered and Application
2.8 Global Key Manufacturers of Hybrid and Electric Vehicles, Date of Enter into This Industry
2.9 Hybrid and Electric Vehicles Market Competitive Situation and Trends
2.9.1 Hybrid and Electric Vehicles Market Concentration Rate
2.9.2 Global 5 and 10 Largest Hybrid and Electric Vehicles Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Hybrid and Electric Vehicles Production by Region
3.1 Global Hybrid and Electric Vehicles Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Hybrid and Electric Vehicles Production Value by Region (2019-2030)
3.2.1 Global Hybrid and Electric Vehicles Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Hybrid and Electric Vehicles by Region (2025-2030)
3.3 Global Hybrid and Electric Vehicles Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Hybrid and Electric Vehicles Production by Region (2019-2030)
3.4.1 Global Hybrid and Electric Vehicles Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Hybrid and Electric Vehicles by Region (2025-2030)
3.5 Global Hybrid and Electric Vehicles Market Price Analysis by Region (2019-2024)
3.6 Global Hybrid and Electric Vehicles Production and Value, Year-over-Year Growth
3.6.1 North America Hybrid and Electric Vehicles Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Hybrid and Electric Vehicles Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Hybrid and Electric Vehicles Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Hybrid and Electric Vehicles Production Value Estimates and Forecasts (2019-2030)
3.6.5 South Korea Hybrid and Electric Vehicles Production Value Estimates and Forecasts (2019-2030)
3.6.6 India Hybrid and Electric Vehicles Production Value Estimates and Forecasts (2019-2030)
4 Hybrid and Electric Vehicles Consumption by Region
4.1 Global Hybrid and Electric Vehicles Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Hybrid and Electric Vehicles Consumption by Region (2019-2030)
4.2.1 Global Hybrid and Electric Vehicles Consumption by Region (2019-2024)
4.2.2 Global Hybrid and Electric Vehicles Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Hybrid and Electric Vehicles Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Hybrid and Electric Vehicles Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Hybrid and Electric Vehicles Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Hybrid and Electric Vehicles Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Hybrid and Electric Vehicles Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Hybrid and Electric Vehicles Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Hybrid and Electric Vehicles Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Hybrid and Electric Vehicles Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Hybrid and Electric Vehicles Production by Type (2019-2030)
5.1.1 Global Hybrid and Electric Vehicles Production by Type (2019-2024)
5.1.2 Global Hybrid and Electric Vehicles Production by Type (2025-2030)
5.1.3 Global Hybrid and Electric Vehicles Production Market Share by Type (2019-2030)
5.2 Global Hybrid and Electric Vehicles Production Value by Type (2019-2030)
5.2.1 Global Hybrid and Electric Vehicles Production Value by Type (2019-2024)
5.2.2 Global Hybrid and Electric Vehicles Production Value by Type (2025-2030)
5.2.3 Global Hybrid and Electric Vehicles Production Value Market Share by Type (2019-2030)
5.3 Global Hybrid and Electric Vehicles Price by Type (2019-2030)
6 Segment by Application
6.1 Global Hybrid and Electric Vehicles Production by Application (2019-2030)
6.1.1 Global Hybrid and Electric Vehicles Production by Application (2019-2024)
6.1.2 Global Hybrid and Electric Vehicles Production by Application (2025-2030)
6.1.3 Global Hybrid and Electric Vehicles Production Market Share by Application (2019-2030)
6.2 Global Hybrid and Electric Vehicles Production Value by Application (2019-2030)
6.2.1 Global Hybrid and Electric Vehicles Production Value by Application (2019-2024)
6.2.2 Global Hybrid and Electric Vehicles Production Value by Application (2025-2030)
6.2.3 Global Hybrid and Electric Vehicles Production Value Market Share by Application (2019-2030)
6.3 Global Hybrid and Electric Vehicles Price by Application (2019-2030)
7 Key Companies Profiled
7.1 BAIC
7.1.1 BAIC Hybrid and Electric Vehicles Corporation Information
7.1.2 BAIC Hybrid and Electric Vehicles Product Portfolio
7.1.3 BAIC Hybrid and Electric Vehicles Production, Value, Price and Gross Margin (2019-2024)
7.1.4 BAIC Main Business and Markets Served
7.1.5 BAIC Recent Developments/Updates
7.2 BMW
7.2.1 BMW Hybrid and Electric Vehicles Corporation Information
7.2.2 BMW Hybrid and Electric Vehicles Product Portfolio
7.2.3 BMW Hybrid and Electric Vehicles Production, Value, Price and Gross Margin (2019-2024)
7.2.4 BMW Main Business and Markets Served
7.2.5 BMW Recent Developments/Updates
7.3 BYD
7.3.1 BYD Hybrid and Electric Vehicles Corporation Information
7.3.2 BYD Hybrid and Electric Vehicles Product Portfolio
7.3.3 BYD Hybrid and Electric Vehicles Production, Value, Price and Gross Margin (2019-2024)
7.3.4 BYD Main Business and Markets Served
7.3.5 BYD Recent Developments/Updates
7.4 Ford
7.4.1 Ford Hybrid and Electric Vehicles Corporation Information
7.4.2 Ford Hybrid and Electric Vehicles Product Portfolio
7.4.3 Ford Hybrid and Electric Vehicles Production, Value, Price and Gross Margin (2019-2024)
7.4.4 Ford Main Business and Markets Served
7.4.5 Ford Recent Developments/Updates
7.5 Geely
7.5.1 Geely Hybrid and Electric Vehicles Corporation Information
7.5.2 Geely Hybrid and Electric Vehicles Product Portfolio
7.5.3 Geely Hybrid and Electric Vehicles Production, Value, Price and Gross Margin (2019-2024)
7.5.4 Geely Main Business and Markets Served
7.5.5 Geely Recent Developments/Updates
7.6 Honda
7.6.1 Honda Hybrid and Electric Vehicles Corporation Information
7.6.2 Honda Hybrid and Electric Vehicles Product Portfolio
7.6.3 Honda Hybrid and Electric Vehicles Production, Value, Price and Gross Margin (2019-2024)
7.6.4 Honda Main Business and Markets Served
7.6.5 Honda Recent Developments/Updates
7.7 Hyundai-Kia
7.7.1 Hyundai-Kia Hybrid and Electric Vehicles Corporation Information
7.7.2 Hyundai-Kia Hybrid and Electric Vehicles Product Portfolio
7.7.3 Hyundai-Kia Hybrid and Electric Vehicles Production, Value, Price and Gross Margin (2019-2024)
7.7.4 Hyundai-Kia Main Business and Markets Served
7.7.5 Hyundai-Kia Recent Developments/Updates
7.8 Tesla
7.8.1 Tesla Hybrid and Electric Vehicles Corporation Information
7.8.2 Tesla Hybrid and Electric Vehicles Product Portfolio
7.8.3 Tesla Hybrid and Electric Vehicles Production, Value, Price and Gross Margin (2019-2024)
7.8.4 Tesla Main Business and Markets Served
7.7.5 Tesla Recent Developments/Updates
7.9 Toyota
7.9.1 Toyota Hybrid and Electric Vehicles Corporation Information
7.9.2 Toyota Hybrid and Electric Vehicles Product Portfolio
7.9.3 Toyota Hybrid and Electric Vehicles Production, Value, Price and Gross Margin (2019-2024)
7.9.4 Toyota Main Business and Markets Served
7.9.5 Toyota Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Hybrid and Electric Vehicles Industry Chain Analysis
8.2 Hybrid and Electric Vehicles Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Hybrid and Electric Vehicles Production Mode & Process
8.4 Hybrid and Electric Vehicles Sales and Marketing
8.4.1 Hybrid and Electric Vehicles Sales Channels
8.4.2 Hybrid and Electric Vehicles Distributors
8.5 Hybrid and Electric Vehicles Customers
9 Hybrid and Electric Vehicles Market Dynamics
9.1 Hybrid and Electric Vehicles Industry Trends
9.2 Hybrid and Electric Vehicles Market Drivers
9.3 Hybrid and Electric Vehicles Market Challenges
9.4 Hybrid and Electric Vehicles Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Published By : QY Research
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