Dublin, Aug. 23, 2024 (GLOBE NEWSWIRE) -- The "Hybrid & Electric Cars Global Industry Guide 2019-2028" report has been added to ResearchAndMarkets.com's offering.
The global hybrid & electric cars market recorded revenues of $894.08 billion in 2023, representing a compound annual growth rate (CAGR) of 38.2% between 2018 and 2023.
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.
- 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.
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?
Company Profiles
- AB Volvo
- BAIC Motor Corporation Ltd
- Bayerische Motoren Werke AG
- BYD Company Limited
- BYD India Pvt Ltd
- Ford Motor Company
- General Motors Company
- Honda Motor Co Ltd
- Hyundai Corporation
- Hyundai Motor Company
- Hyundai Motor India Ltd
- Mercedes-Benz Group AG
- Mitsubishi Motors Corporation
- Nissan Motor Co., Ltd.
- Renault SA
- SAIC Motor Corp Ltd
- Tata Motors Limited
- Tesla, Inc.
- Toyota Motor Corporation
- Volkswagen AG
Key Topics Covered:
1 EXECUTIVE SUMMARY
1.1. Market value
1.2. Market value forecast
1.3. Market volume
1.4. Market volume forecast
1.5. Category segmentation
1.6. Geography segmentation
1.7. Competitive landscape
2 Introduction
2.1. What is this report about?
2.2. Who is the target reader?
2.3. How to use this report
2.4. Definitions
3 Global Hybrid & Electric Cars
3.1. Market Overview
3.2. Market Data
3.3. Market Segmentation
3.4. Market outlook
3.5. Five forces analysis
4 Macroeconomic Indicators
4.1. Country data
For more information about this report visit https://www.researchandmarkets.com/r/jch18r
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