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Global Plug-in Hybrid Electric Vehicles Market Research Report 2025
Synopsis
A plug-in hybrid electric vehicle is a hybrid electric vehicle whose battery can be recharged by plugging it into an external source of electric power, as well by its on-board engine and generator.
The global Plug-in Hybrid Electric Vehicles market was valued at US$ 15310 million in 2023 and is anticipated to reach US$ 32610 million by 2030, witnessing a CAGR of 11.2% 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 Plug-in Hybrid 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 Plug-in Hybrid Electric Vehicles.
Report Scope
The Plug-in Hybrid 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 Plug-in Hybrid 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 Plug-in Hybrid 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
Nissan Motor
Bayerische Motoren Werke
Honda Motor
Mitsubishi Motors
Toyota Motor
Volkswagen
Tesla Motors
Groupe Renault
Ford Motor
Daimler
General Motors
Segment by Type
Stored Electricity
On Board Electric Generator
Segment by Application
Passenger Cars
Commercial Vehicles
Two Wheelers
Others
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 Plug-in Hybrid 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 Plug-in Hybrid 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 Plug-in Hybrid 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.
A plug-in hybrid electric vehicle is a hybrid electric vehicle whose battery can be recharged by plugging it into an external source of electric power, as well by its on-board engine and generator.
The global Plug-in Hybrid Electric Vehicles market was valued at US$ 15310 million in 2023 and is anticipated to reach US$ 32610 million by 2030, witnessing a CAGR of 11.2% 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 Plug-in Hybrid 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 Plug-in Hybrid Electric Vehicles.
Report Scope
The Plug-in Hybrid 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 Plug-in Hybrid 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 Plug-in Hybrid 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
Nissan Motor
Bayerische Motoren Werke
Honda Motor
Mitsubishi Motors
Toyota Motor
Volkswagen
Tesla Motors
Groupe Renault
Ford Motor
Daimler
General Motors
Segment by Type
Stored Electricity
On Board Electric Generator
Segment by Application
Passenger Cars
Commercial Vehicles
Two Wheelers
Others
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 Plug-in Hybrid 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 Plug-in Hybrid 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 Plug-in Hybrid 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 Plug-in Hybrid Electric Vehicles Market Overview
1.1 Product Definition
1.2 Plug-in Hybrid Electric Vehicles Segment by Type
1.2.1 Global Plug-in Hybrid Electric Vehicles Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 Stored Electricity
1.2.3 On Board Electric Generator
1.3 Plug-in Hybrid Electric Vehicles Segment by Application
1.3.1 Global Plug-in Hybrid Electric Vehicles Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Passenger Cars
1.3.3 Commercial Vehicles
1.3.4 Two Wheelers
1.3.5 Others
1.4 Global Market Growth Prospects
1.4.1 Global Plug-in Hybrid Electric Vehicles Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Plug-in Hybrid Electric Vehicles Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Plug-in Hybrid Electric Vehicles Production Estimates and Forecasts (2019-2030)
1.4.4 Global Plug-in Hybrid Electric Vehicles Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Plug-in Hybrid Electric Vehicles Production Market Share by Manufacturers (2019-2024)
2.2 Global Plug-in Hybrid Electric Vehicles Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Plug-in Hybrid Electric Vehicles, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Plug-in Hybrid Electric Vehicles Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Plug-in Hybrid Electric Vehicles Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Plug-in Hybrid Electric Vehicles, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Plug-in Hybrid Electric Vehicles, Product Offered and Application
2.8 Global Key Manufacturers of Plug-in Hybrid Electric Vehicles, Date of Enter into This Industry
2.9 Plug-in Hybrid Electric Vehicles Market Competitive Situation and Trends
2.9.1 Plug-in Hybrid Electric Vehicles Market Concentration Rate
2.9.2 Global 5 and 10 Largest Plug-in Hybrid Electric Vehicles Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Plug-in Hybrid Electric Vehicles Production by Region
3.1 Global Plug-in Hybrid Electric Vehicles Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Plug-in Hybrid Electric Vehicles Production Value by Region (2019-2030)
3.2.1 Global Plug-in Hybrid Electric Vehicles Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Plug-in Hybrid Electric Vehicles by Region (2025-2030)
3.3 Global Plug-in Hybrid Electric Vehicles Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Plug-in Hybrid Electric Vehicles Production by Region (2019-2030)
3.4.1 Global Plug-in Hybrid Electric Vehicles Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Plug-in Hybrid Electric Vehicles by Region (2025-2030)
3.5 Global Plug-in Hybrid Electric Vehicles Market Price Analysis by Region (2019-2024)
3.6 Global Plug-in Hybrid Electric Vehicles Production and Value, Year-over-Year Growth
3.6.1 North America Plug-in Hybrid Electric Vehicles Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Plug-in Hybrid Electric Vehicles Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Plug-in Hybrid Electric Vehicles Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Plug-in Hybrid Electric Vehicles Production Value Estimates and Forecasts (2019-2030)
3.6.5 South Korea Plug-in Hybrid Electric Vehicles Production Value Estimates and Forecasts (2019-2030)
3.6.6 India Plug-in Hybrid Electric Vehicles Production Value Estimates and Forecasts (2019-2030)
4 Plug-in Hybrid Electric Vehicles Consumption by Region
4.1 Global Plug-in Hybrid Electric Vehicles Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Plug-in Hybrid Electric Vehicles Consumption by Region (2019-2030)
4.2.1 Global Plug-in Hybrid Electric Vehicles Consumption by Region (2019-2024)
4.2.2 Global Plug-in Hybrid Electric Vehicles Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Plug-in Hybrid Electric Vehicles Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Plug-in Hybrid Electric Vehicles Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Plug-in Hybrid Electric Vehicles Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Plug-in Hybrid 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 Plug-in Hybrid Electric Vehicles Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Plug-in Hybrid 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 Plug-in Hybrid Electric Vehicles Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Plug-in Hybrid 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 Plug-in Hybrid Electric Vehicles Production by Type (2019-2030)
5.1.1 Global Plug-in Hybrid Electric Vehicles Production by Type (2019-2024)
5.1.2 Global Plug-in Hybrid Electric Vehicles Production by Type (2025-2030)
5.1.3 Global Plug-in Hybrid Electric Vehicles Production Market Share by Type (2019-2030)
5.2 Global Plug-in Hybrid Electric Vehicles Production Value by Type (2019-2030)
5.2.1 Global Plug-in Hybrid Electric Vehicles Production Value by Type (2019-2024)
5.2.2 Global Plug-in Hybrid Electric Vehicles Production Value by Type (2025-2030)
5.2.3 Global Plug-in Hybrid Electric Vehicles Production Value Market Share by Type (2019-2030)
5.3 Global Plug-in Hybrid Electric Vehicles Price by Type (2019-2030)
6 Segment by Application
6.1 Global Plug-in Hybrid Electric Vehicles Production by Application (2019-2030)
6.1.1 Global Plug-in Hybrid Electric Vehicles Production by Application (2019-2024)
6.1.2 Global Plug-in Hybrid Electric Vehicles Production by Application (2025-2030)
6.1.3 Global Plug-in Hybrid Electric Vehicles Production Market Share by Application (2019-2030)
6.2 Global Plug-in Hybrid Electric Vehicles Production Value by Application (2019-2030)
6.2.1 Global Plug-in Hybrid Electric Vehicles Production Value by Application (2019-2024)
6.2.2 Global Plug-in Hybrid Electric Vehicles Production Value by Application (2025-2030)
6.2.3 Global Plug-in Hybrid Electric Vehicles Production Value Market Share by Application (2019-2030)
6.3 Global Plug-in Hybrid Electric Vehicles Price by Application (2019-2030)
7 Key Companies Profiled
7.1 Nissan Motor
7.1.1 Nissan Motor Plug-in Hybrid Electric Vehicles Corporation Information
7.1.2 Nissan Motor Plug-in Hybrid Electric Vehicles Product Portfolio
7.1.3 Nissan Motor Plug-in Hybrid Electric Vehicles Production, Value, Price and Gross Margin (2019-2024)
7.1.4 Nissan Motor Main Business and Markets Served
7.1.5 Nissan Motor Recent Developments/Updates
7.2 Bayerische Motoren Werke
7.2.1 Bayerische Motoren Werke Plug-in Hybrid Electric Vehicles Corporation Information
7.2.2 Bayerische Motoren Werke Plug-in Hybrid Electric Vehicles Product Portfolio
7.2.3 Bayerische Motoren Werke Plug-in Hybrid Electric Vehicles Production, Value, Price and Gross Margin (2019-2024)
7.2.4 Bayerische Motoren Werke Main Business and Markets Served
7.2.5 Bayerische Motoren Werke Recent Developments/Updates
7.3 Honda Motor
7.3.1 Honda Motor Plug-in Hybrid Electric Vehicles Corporation Information
7.3.2 Honda Motor Plug-in Hybrid Electric Vehicles Product Portfolio
7.3.3 Honda Motor Plug-in Hybrid Electric Vehicles Production, Value, Price and Gross Margin (2019-2024)
7.3.4 Honda Motor Main Business and Markets Served
7.3.5 Honda Motor Recent Developments/Updates
7.4 Mitsubishi Motors
7.4.1 Mitsubishi Motors Plug-in Hybrid Electric Vehicles Corporation Information
7.4.2 Mitsubishi Motors Plug-in Hybrid Electric Vehicles Product Portfolio
7.4.3 Mitsubishi Motors Plug-in Hybrid Electric Vehicles Production, Value, Price and Gross Margin (2019-2024)
7.4.4 Mitsubishi Motors Main Business and Markets Served
7.4.5 Mitsubishi Motors Recent Developments/Updates
7.5 Toyota Motor
7.5.1 Toyota Motor Plug-in Hybrid Electric Vehicles Corporation Information
7.5.2 Toyota Motor Plug-in Hybrid Electric Vehicles Product Portfolio
7.5.3 Toyota Motor Plug-in Hybrid Electric Vehicles Production, Value, Price and Gross Margin (2019-2024)
7.5.4 Toyota Motor Main Business and Markets Served
7.5.5 Toyota Motor Recent Developments/Updates
7.6 Volkswagen
7.6.1 Volkswagen Plug-in Hybrid Electric Vehicles Corporation Information
7.6.2 Volkswagen Plug-in Hybrid Electric Vehicles Product Portfolio
7.6.3 Volkswagen Plug-in Hybrid Electric Vehicles Production, Value, Price and Gross Margin (2019-2024)
7.6.4 Volkswagen Main Business and Markets Served
7.6.5 Volkswagen Recent Developments/Updates
7.7 Tesla Motors
7.7.1 Tesla Motors Plug-in Hybrid Electric Vehicles Corporation Information
7.7.2 Tesla Motors Plug-in Hybrid Electric Vehicles Product Portfolio
7.7.3 Tesla Motors Plug-in Hybrid Electric Vehicles Production, Value, Price and Gross Margin (2019-2024)
7.7.4 Tesla Motors Main Business and Markets Served
7.7.5 Tesla Motors Recent Developments/Updates
7.8 Groupe Renault
7.8.1 Groupe Renault Plug-in Hybrid Electric Vehicles Corporation Information
7.8.2 Groupe Renault Plug-in Hybrid Electric Vehicles Product Portfolio
7.8.3 Groupe Renault Plug-in Hybrid Electric Vehicles Production, Value, Price and Gross Margin (2019-2024)
7.8.4 Groupe Renault Main Business and Markets Served
7.7.5 Groupe Renault Recent Developments/Updates
7.9 Ford Motor
7.9.1 Ford Motor Plug-in Hybrid Electric Vehicles Corporation Information
7.9.2 Ford Motor Plug-in Hybrid Electric Vehicles Product Portfolio
7.9.3 Ford Motor Plug-in Hybrid Electric Vehicles Production, Value, Price and Gross Margin (2019-2024)
7.9.4 Ford Motor Main Business and Markets Served
7.9.5 Ford Motor Recent Developments/Updates
7.10 Daimler
7.10.1 Daimler Plug-in Hybrid Electric Vehicles Corporation Information
7.10.2 Daimler Plug-in Hybrid Electric Vehicles Product Portfolio
7.10.3 Daimler Plug-in Hybrid Electric Vehicles Production, Value, Price and Gross Margin (2019-2024)
7.10.4 Daimler Main Business and Markets Served
7.10.5 Daimler Recent Developments/Updates
7.11 General Motors
7.11.1 General Motors Plug-in Hybrid Electric Vehicles Corporation Information
7.11.2 General Motors Plug-in Hybrid Electric Vehicles Product Portfolio
7.11.3 General Motors Plug-in Hybrid Electric Vehicles Production, Value, Price and Gross Margin (2019-2024)
7.11.4 General Motors Main Business and Markets Served
7.11.5 General Motors Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Plug-in Hybrid Electric Vehicles Industry Chain Analysis
8.2 Plug-in Hybrid Electric Vehicles Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Plug-in Hybrid Electric Vehicles Production Mode & Process
8.4 Plug-in Hybrid Electric Vehicles Sales and Marketing
8.4.1 Plug-in Hybrid Electric Vehicles Sales Channels
8.4.2 Plug-in Hybrid Electric Vehicles Distributors
8.5 Plug-in Hybrid Electric Vehicles Customers
9 Plug-in Hybrid Electric Vehicles Market Dynamics
9.1 Plug-in Hybrid Electric Vehicles Industry Trends
9.2 Plug-in Hybrid Electric Vehicles Market Drivers
9.3 Plug-in Hybrid Electric Vehicles Market Challenges
9.4 Plug-in Hybrid 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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