The global hybrid electric vehicle market reached a volume of 12.93M units in 2024, projected to grow 25.78% CAGR, reaching 104.43M units by 2033.
PGM sentiment has been affected by the drivetrain transition where rising battery electric vehicle (BEV) market share weighs on PGM expectations. However, WPIC forecasts only a muted tapering of PGM automotive demand over the next five years at 1.1% CA...
Hybrid and Electric Vehicle Integrated Drive Unit Market size is estimated to grow by $11.85 billion from 2021 to 2025 at a CAGR of 58% with the having largest market share. Increasing government support to promote EVs will be a key driver fueling the gr
as well as diesel cars and Japanese government’s “Next-Generation Vehicle Strategy 2010”, which targets the market share of electric vehicles sales is 50% of total vehicle sales by the end of year 2020, are expected to increase the market of electric vehicles in the Asia Pacific region. ...
Which Vehicle Type Segment to Dominate in the Plug-in Hybrid Electric Vehicle Market? The passenger cars sector is set to achieve a global plug-in hybrid electric vehicle market share of 78.4% in 2024. Which Powertrain Segment to Lead the PHEV Market? The parallel hybrid segment to possess a...
Asia Pacific Hybrid Electric Vehicle Battery Market Size & Share Analysis - Growth, Trends, And Forecasts (2025 - 2030) The Report Covers Asia Pacific's Hybrid Electric Vehicle Battery Market Size & Share and It is Segment by Battery Type (Lithium-Ion Battery, Lead-Acid Battery, Sodium-Ion ...
Nellthorp, "Total cost of ownership and market share for hybrid and electric vehicles in the UK, US and Japan," Applied energy, vol. 209, pp. 108-119, 2018.Palmer, K.; Tate, J.E.; Wadud, Z.; Nellthorp, J. Total cost of ownership and market share for hybrid and electric ...
Europe Hybrid Electric Vehicle Battery Market Analysis The Europe Hybrid Electric Vehicle Battery Market size is estimated at USD 1.64 billion in 2025, and is expected to reach USD 4.12 billion by 2030, at a CAGR of 20.31% during the forecast period (2025-2030). In the medium term, ...
Micro hybrid vehicles include an internal combustion engine (ICE) equipped with an electric motor, which allows the engine to be turned off whenever the vehicle is coasting, braking, or stopped, yet restart quickly. The Asia-Pacific micro hybrid vehicles market covers the latest trends and technol...
Hybrid Vehicle Market Size Share Study Period2019 - 2030 Market Size (2025)USD 261.51 Billion Market Size (2030)USD 478.19 Billion CAGR (2025 - 2030)12.83 % Fastest Growing MarketAsia-Pacific Largest MarketAsia-Pacific Market ConcentrationMedium ...