by The global plug-in hybrid electric vehicles (PHEV) market size accounted for US$ 122.6 billion in 2021 and is projected to reach around USD 279.4 billion by 2030, growing at a CAGR of 9.58% from 2022 to 2030.
Plug-in Hybrid Electric Vehicles (PHEV) Market Key Takeaway:
- By power source, the stored electricity segment accounted highest revenue share of over 71% in 2021.
- By vehicle type, the passenger vehicle segment has held 84% of the total revenue share in 2021.
- The India plug-in hybrid electric vehicles market is registering growth at a CAGR of 7.4% from 2022 to 2030.
- The U.S. has hold 74 to 76% of the North America market share in 2021.
Report Summary
The global plug-in hybrid electric vehicles (PHEV) market report provides a Point-by-Point and In-Depth analysis of global market size, regional and country-level market size, market share, segmentation market growth, competitive landscape, sales analysis, opportunities analysis, strategic market growth analysis, the impact of domestic and global market key players, value chain optimization, trade regulations, recent developments, product launches, area marketplace expanding, and technological innovations.
The study offers a comprehensive analysis on diverse features, including production capacities, demand, product developments, revenue generation, and sales in the plug-in hybrid electric vehicles (PHEV) market across the globe.
A comprehensive estimate on the plug-in hybrid electric vehicles (PHEV) market has been provided through an optimistic scenario as well as a conservative scenario, taking into account the sales of plug-in hybrid electric vehicles (PHEV) during the forecast period. Price point comparison by region with global average price is also considered in the study.
Plug-in Hybrid Electric Vehicles Market Scope
| Report Coverage | Details |
| Market Size in 2022 | USD 134.35 Billion |
| Market Size by 2030 | USD 279.4 Billion |
| Growth Rate from 2022 to 2030 | CAGR of 9.58% |
| Base Year | 2021 |
| Forecast Period | 2022 to 2030 |
| Segments Covered | Power Source, Powertrain, Vehicle Type and Geography |
Key Highlights:
Reports Coverage: It incorporates key market sections, key makers secured, the extent of items offered in the years considered, worldwide containerized plug-in hybrid electric vehicles (PHEV) market and study goals. Moreover, it contacts the division study gave in the report based on the sort of item and applications.
Market Outline: This area stresses the key investigations, market development rate, serious scene, market drivers, patterns, and issues notwithstanding the naturally visible pointers.
Market Production by Region: The report conveys information identified with import and fare, income, creation, and key players of every single local market contemplated are canvassed right now.
Also Read: Home Medical Equipment Market Size Analysis 2022 To 2030
Plug-in Hybrid Electric Vehicles (PHEV) Market Players
The report includes the profiles of key plug-in hybrid electric vehicles (PHEV) market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information, key development in past five years.
Major companies operating in this area are Nissan Motor Co., Ltd, Mercedes-Benz Group AG, General Motors, Volkswagen AG, Renault Group, Ford Motor Company, BMW Group, Honda Motor Co., Ltd, MITSUBISHI HEAVY INDUSTRIES, LTD, TOYOTA MOTOR CORPORATION, and Others
Market Segmentation
By Power Source
- Stored Electricity
- On-board Electric Generator
By Powertrain
- Series Hybrid
- Parallel Hybrid
- Combined Hybrid
By Vehicle Type
- Passenger Cars
- Commercial Vehicles
- Two Wheelers
- Others
Regional Segmentation
- North America (U.S., Canada, Mexico)
- Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
- Asia-Pacific (China, Japan, India, Southeast Asia and Rest of APAC)
- Latin America (Brazil and Rest of Latin America)
- Middle East and Africa (GCC, North Africa, South Africa, Rest of MEA)
Research Methodology
Secondary Research
It involves company databases such as Hoover’s: This assists us to recognize financial information, the structure of the market participants and industry’s competitive landscape.
The secondary research sources referred in the process are as follows:
- Governmental bodies, and organizations creating economic policies
- National and international social welfare institutions
- Company websites, financial reports and SEC filings, broker and investor reports
- Related patent and regulatory databases
- Statistical databases and market reports
- Corporate Presentations, news, press release, and specification sheet of Manufacturers
Primary Research
Primary research includes face-to-face interviews, online surveys, and telephonic interviews.
- Means of primary research: Email interactions, telephonic discussions and Questionnaire-based research etc.
- In order to validate our research findings and analysis, we conduct primary interviews of key industry participants. Insights from primary respondents help in validating the secondary research findings. It also develops Research Team’s expertise and market understanding.
TABLE OF CONTENT
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. COVID 19 Impact on Plug-in Hybrid Electric Vehicles (PHEV) Market
5.1. COVID-19 Landscape: Plug-in Hybrid Electric Vehicles (PHEV) Industry Impact
5.2. COVID 19 – Impact Assessment for the Industry
5.3. COVID 19 Impact: Global Major Government Policy
5.4. Market Trends and Opportunities in the COVID-19 Landscape
Chapter 6. Market Dynamics Analysis and Trends
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.2. Market Restraints
6.1.3. Market Opportunities
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
Chapter 7. Competitive Landscape
7.1.1. Company Market Share/Positioning Analysis
7.1.2. Key Strategies Adopted by Players
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers
Chapter 8. Global Plug-in Hybrid Electric Vehicles (PHEV) Market, By Power Source
8.1. Plug-in Hybrid Electric Vehicles (PHEV) Market, by Power Source, 2022-2030
8.1.1 Stored Electricity
8.1.1.1. Market Revenue and Forecast (2017-2030)
8.1.2. On-board Electric Generator
8.1.2.1. Market Revenue and Forecast (2017-2030)
Chapter 9. Global Plug-in Hybrid Electric Vehicles (PHEV) Market, By Powertrain
9.1. Plug-in Hybrid Electric Vehicles (PHEV) Market, by Powertrain, 2022-2030
9.1.1. Series Hybrid
9.1.1.1. Market Revenue and Forecast (2017-2030)
9.1.2. Parallel Hybrid
9.1.2.1. Market Revenue and Forecast (2017-2030)
9.1.3. Combined Hybrid
9.1.3.1. Market Revenue and Forecast (2017-2030)
Chapter 10. Global Plug-in Hybrid Electric Vehicles (PHEV) Market, By Vehicle Type
10.1. Plug-in Hybrid Electric Vehicles (PHEV) Market, by Vehicle Type, 2022-2030
10.1.1. Passenger Cars
10.1.1.1. Market Revenue and Forecast (2017-2030)
10.1.2. Commercial Vehicles
10.1.2.1. Market Revenue and Forecast (2017-2030)
10.1.3. Two Wheelers
10.1.3.1. Market Revenue and Forecast (2017-2030)
10.1.4. Others
10.1.4.1. Market Revenue and Forecast (2017-2030)
Chapter 11. Global Plug-in Hybrid Electric Vehicles (PHEV) Market, Regional Estimates and Trend Forecast
11.1. North America
11.1.1. Market Revenue and Forecast, by Power Source (2017-2030)
11.1.2. Market Revenue and Forecast, by Powertrain (2017-2030)
11.1.3. Market Revenue and Forecast, by Vehicle Type (2017-2030)
11.1.4. U.S.
11.1.4.1. Market Revenue and Forecast, by Power Source (2017-2030)
11.1.4.2. Market Revenue and Forecast, by Powertrain (2017-2030)
11.1.4.3. Market Revenue and Forecast, by Vehicle Type (2017-2030)
11.1.5. Rest of North America
11.1.5.1. Market Revenue and Forecast, by Power Source (2017-2030)
11.1.5.2. Market Revenue and Forecast, by Powertrain (2017-2030)
11.1.5.3. Market Revenue and Forecast, by Vehicle Type (2017-2030)
11.2. Europe
11.2.1. Market Revenue and Forecast, by Power Source (2017-2030)
11.2.2. Market Revenue and Forecast, by Powertrain (2017-2030)
11.2.3. Market Revenue and Forecast, by Vehicle Type (2017-2030)
11.2.4. UK
11.2.4.1. Market Revenue and Forecast, by Power Source (2017-2030)
11.2.4.2. Market Revenue and Forecast, by Powertrain (2017-2030)
11.2.4.3. Market Revenue and Forecast, by Vehicle Type (2017-2030)
11.2.5. Germany
11.2.5.1. Market Revenue and Forecast, by Power Source (2017-2030)
11.2.5.2. Market Revenue and Forecast, by Powertrain (2017-2030)
11.2.5.3. Market Revenue and Forecast, by Vehicle Type (2017-2030)
11.2.6. France
11.2.6.1. Market Revenue and Forecast, by Power Source (2017-2030)
11.2.6.2. Market Revenue and Forecast, by Powertrain (2017-2030)
11.2.6.3. Market Revenue and Forecast, by Vehicle Type (2017-2030)
11.2.7. Rest of Europe
11.2.7.1. Market Revenue and Forecast, by Power Source (2017-2030)
11.2.7.2. Market Revenue and Forecast, by Powertrain (2017-2030)
11.2.7.3. Market Revenue and Forecast, by Vehicle Type (2017-2030)
11.3. APAC
11.3.1. Market Revenue and Forecast, by Power Source (2017-2030)
11.3.2. Market Revenue and Forecast, by Powertrain (2017-2030)
11.3.3. Market Revenue and Forecast, by Vehicle Type (2017-2030)
11.3.4. India
11.3.4.1. Market Revenue and Forecast, by Power Source (2017-2030)
11.3.4.2. Market Revenue and Forecast, by Powertrain (2017-2030)
11.3.4.3. Market Revenue and Forecast, by Vehicle Type (2017-2030)
11.3.5. China
11.3.5.1. Market Revenue and Forecast, by Power Source (2017-2030)
11.3.5.2. Market Revenue and Forecast, by Powertrain (2017-2030)
=”font-weight: 400;”>11.3.5.3. Market Revenue and Forecast, by Vehicle Type (2017-2030)
11.3.6. Japan
11.3.6.1. Market Revenue and Forecast, by Power Source (2017-2030)
11.3.6.2. Market Revenue and Forecast, by Powertrain (2017-2030)
11.3.6.3. Market Revenue and Forecast, by Vehicle Type (2017-2030)
11.3.7. Rest of APAC
11.3.7.1. Market Revenue and Forecast, by Power Source (2017-2030)
11.3.7.2. Market Revenue and Forecast, by Powertrain (2017-2030)
11.3.7.3. Market Revenue and Forecast, by Vehicle Type (2017-2030)
11.4. MEA
11.4.1. Market Revenue and Forecast, by Power Source (2017-2030)
11.4.2. Market Revenue and Forecast, by Powertrain (2017-2030)
11.4.3. Market Revenue and Forecast, by Vehicle Type (2017-2030)
11.4.4. GCC
11.4.4.1. Market Revenue and Forecast, by Power Source (2017-2030)
11.4.4.2. Market Revenue and Forecast, by Powertrain (2017-2030)
11.4.4.3. Market Revenue and Forecast, by Vehicle Type (2017-2030)
11.4.5. North Africa
11.4.5.1. Market Revenue and Forecast, by Power Source (2017-2030)
11.4.5.2. Market Revenue and Forecast, by Powertrain (2017-2030)
11.4.5.3. Market Revenue and Forecast, by Vehicle Type (2017-2030)
11.4.6. South Africa
11.4.6.1. Market Revenue and Forecast, by Power Source (2017-2030)
11.4.6.2. Market Revenue and Forecast, by Powertrain (2017-2030)
11.4.6.3. Market Revenue and Forecast, by Vehicle Type (2017-2030)
11.4.7. Rest of MEA
11.4.7.1. Market Revenue and Forecast, by Power Source (2017-2030)
11.4.7.2. Market Revenue and Forecast, by Powertrain (2017-2030)
11.4.7.3. Market Revenue and Forecast, by Vehicle Type (2017-2030)
11.5. Latin America
11.5.1. Market Revenue and Forecast, by Power Source (2017-2030)
11.5.2. Market Revenue and Forecast, by Powertrain (2017-2030)
11.5.3. Market Revenue and Forecast, by Vehicle Type (2017-2030)
11.5.4. Brazil
11.5.4.1. Market Revenue and Forecast, by Power Source (2017-2030)
11.5.4.2. Market Revenue and Forecast, by Powertrain (2017-2030)
11.5.4.3. Market Revenue and Forecast, by Vehicle Type (2017-2030)
11.5.5. Rest of LATAM
11.5.5.1. Market Revenue and Forecast, by Power Source (2017-2030)
11.5.5.2. Market Revenue and Forecast, by Powertrain (2017-2030)
11.5.5.3. Market Revenue and Forecast, by Vehicle Type (2017-2030)
Chapter 12. Company Profiles
12.1. Nissan Motor Co., Ltd
12.1.1. Company Overview
12.1.2. Product Offerings
12.1.3. Financial Performance
12.1.4. Recent Initiatives
12.2. Mercedes-Benz Group AG
12.2.1. Company Overview
12.2.2. Product Offerings
12.2.3. Financial Performance
12.2.4. Recent Initiatives
12.3. General Motors
12.3.1. Company Overview
12.3.2. Product Offerings
12.3.3. Financial Performance
12.3.4. Recent Initiatives
12.4. Volkswagen AG
12.4.1. Company Overview
12.4.2. Product Offerings
12.4.3. Financial Performance
12.4.4. Recent Initiatives
12.5. Renault Group
12.5.1. Company Overview
12.5.2. Product Offerings
12.5.3. Financial Performance
12.5.4. Recent Initiatives
12.6. Ford Motor Company
12.6.1. Company Overview
12.6.2. Product Offerings
12.6.3. Financial Performance
12.6.4. Recent Initiatives
12.7. BMW Group
12.7.1. Company Overview
12.7.2. Product Offerings
12.7.3. Financial Performance
12.7.4. Recent Initiatives
12.8. BMW Group
12.8.1. Company Overview
12.8.2. Product Offerings
12.8.3. Financial Performance
12.8.4. Recent Initiatives
12.9. MITSUBISHI HEAVY INDUSTRIES, LTD
12.9.1. Company Overview
12.9.2. Product Offerings
12.9.3. Financial Performance
12.9.4. Recent Initiatives
12.10. TOYOTA MOTOR CORPORATION
12.10.1. Company Overview
12.10.2. Product Offerings
12.10.3. Financial Performance
12.10.4. Recent Initiatives
Chapter 13. Research Methodology
13.1. Primary Research
13.2. Secondary Research
13.3. Assumptions
Chapter 14. Appendix
14.1. About Us
14.2. Glossary of Terms
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