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Plug In Hybrid Electric Vehicle Market

Plug In Hybrid Electric Vehicle Market Size, Share & Trends Analysis Report

Plug In Hybrid Electric Vehicle Market By Vehicle Type (Passenger Car And Light Commercial Vehicle), By Technology (Series, Parallel And Series-Parallel), Industry Analysis, Trends, And Forecast 2022-2028

Published
Report ID : BMRC 133
Number of pages : 300
Published Date : Nov 2022
Category : Automotive And Transport
Delivery Timeline : 48 hrs

Global Plug In Hybrid Electric Vehicle Market is valued at USD 103.01 Billion in 2021 and expected to reach USD 170.35 Billion by 2028 with a CAGR of 7.45% over the forecast period.

Scope of the Market

A Plug-in Hybrid Electric Vehicles include an electric motor and a rechargeable battery pack in addition to an internal combustion engine. PHEV is smart alternative for conventional gasoline vehicles. Concerns about the future prices of petroleum products have been accompanied by rising worries over both the impact of global warming due to carbon dioxide emissions and the nation’s energy independence. The key advantages of Plug-in Hybrid Electric Vehicle compared to conventional Diesel or Gasoline vehicles is that they create less impact on the environment, provide reliability and also they are cost effective. Plug-in Hybrid Electric Vehicles being less complex are much more beneficial to their Diesel or gasoline counterparts. Several countries promote Plug-in Hybrid Electric Vehicle. 

The forecast period 2022-2028 is expected to show significant growth in Global Plug-in Hybrid Electric Vehicle market. There will be a new resurgence in the sales and utilization of Plug-in Hybrid Electric Vehicle. Are you ready to cope up with growing market. No, then have a look at our report overview and send your query to us.

Plug-in Hybrid Electric Vehicle Market Report covers Top Key Players

  • MW AG
  • BYD Auto Co. Ltd.
  • Daimler AG
  • General Motors Corporation
  • Honda Motor Co. Ltd.
  • Hyundai Motor Company
  • Mitsubishi Motors Corporation
  • Toyota Motor Corporation
  • Volkswagen AG
  • Others

Plug-in Hybrid Electric Vehicle Segmentations

By Vehicle Type

  • Passenger car
  • Light commercial vehicle

By Technology Type

  • Series
  • Parallel
  • Series-parallel

By Region

North America

  • U. S
  • Canada

Europe

  • U. K.
  • France
  • Germany
  • Italy

Asia Pacific

  • China
  • Japan
  • India
  • Southeast Asia

Latin America

  • Brazil
  • Mexico

Middle East and Africa

  • GCC
  • Africa
  • Rest of Middle East and Africa
Report Analysis Details
Historical data 2018 - 2021
Forecast Period 2022 - 2028
Market Size in 2021: USD 103.01 Billion
Base year considered 2021
Forecast Period CAGR %: 7.45%
Market Size Expected in 2028: USD 170.35 Billion
Tables, Charts & Figures: 175
Pages 300
Key Players/Companies MW AG, BYD Auto Co. Ltd., Daimler AG, General Motors Corporation, Honda Motor Co. Ltd., Hyundai Motor Company, Mitsubishi Motors Corporation, Toyota Motor Corporation, Volkswagen AG, Others
Segments Covered By Vehicle Type, By Technology Type
Regional Analysis North America, U.S., Mexico, Canada, Europe, UK, France, Germany, Italy, Asia Pacific, China, Japan, India, Southeast Asia, South America, Brazil, Argentina, Columbia, The Middle East and Africa, GCC, Africa, Rest of the Middle East and Africa
SUMMARY
VishalSawant
Vishal Sawant
Business Development
vishal@brandessenceresearch.com
+91 8830 254 358
Segmentation
Segments

By Vehicle Type-

  • Passenger car
  • Light commercial vehicle

By Technology Type-

  • Series
  • Parallel
  • Series-parallel
Country
Regions and Country

North America

  • U.S.
    U.S.
  • Canada
    Canada

Europe

  • Germany
    Germany
  • France
    France
  • U.K.
    U.K.
  • Italy
    Italy
  • Spain
    Spain
  • Sweden
    Sweden
  • Netherlands
    Netherlands
  • Turkey
    Turkey
  • Switzerland
    Switzerland
  • Belgium
    Belgium
  • Rest of Europe

Asia-Pacific

  • South Korea
    South Korea
  • Japan
    Japan
  • China
    China
  • India
    India
  • Australia
    Australia
  • Philippines
    Philippines
  • Singapore
    Singapore
  • Malaysia
    Malaysia
  • Thailand
    Thailand
  • Indonesia
    Indonesia
  • Rest of APAC

Latin America

  • Mexico
    Mexico
  • Colombia
    Colombia
  • Brazil
    Brazil
  • Argentina
    Argentina
  • Peru
    Peru
  • Rest of South America

Middle East and Africa

  • Saudi Arabia
    Saudi Arabia
  • UAE
    UAE
  • Egypt
    Egypt
  • South Africa
    South Africa
  • Rest of MEA
Company
Key Players
  • MW AG
  • BYD Auto Co. Ltd.
  • Daimler AG
  • General Motors Corporation
  • Honda Motor Co. Ltd.
  • Hyundai Motor Company
  • Mitsubishi Motors Corporation
  • Toyota Motor Corporation
  • Volkswagen AG
  • Others

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