Summary
Hybrid & Electric Cars in North America industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2017-22, and forecast to 2027). 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 and 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 North American hybrid & electric cars market had total revenues of $101.5 billion in 2022, representing a compound annual growth rate (CAGR) of 36.1% between 2017 and 2022.
- Market production volume increased with a CAGR of 32.5% between 2017 and 2022, to reach a total of 2,012,981.0 units in 2022.
- The growth in the North American hybrid & electric cars market is influenced by several macroeconomic factors, such as rising GDP, growing consumer confidence, and an increase in disposable income among individuals. For instance, according to the University of Michigan, the consumer confidence index in the US stood at 71.2 in August 2023, up from 64.4 in June 2023.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the hybrid & electric cars market in North America
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the hybrid & electric cars market in North America
- Leading company profiles reveal details of key hybrid & electric cars market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the North America hybrid & electric cars market with five year forecasts by both value and volume
Reasons to Buy
- What was the size of the North America hybrid & electric cars market by value in 2022?
- What will be the size of the North America hybrid & electric cars market in 2027?
- What factors are affecting the strength of competition in the North America hybrid & electric cars market?
- How has the market performed over the last five years?
- Who are the top competitors in North America's hybrid & electric cars market?
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Table of Contents
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. Market rivalry
1.8. Competitive landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
3.2. Market volume
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
5 Market Outlook
5.1. Market value forecast
5.2. Market volume forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Who are the leading players?
7.2. What strategies do the leading players follow?
7.3. What are the recent developments on the market?
8 Company Profiles
8.1. Toyota Motor Corporation
8.2. General Motors Company
8.3. Tesla, Inc.
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related MarketLine research
10.4. About MarketLine
List of Tables
Table 1: North America hybrid & electric cars market value: $ million, 2017–22
Table 2: North America hybrid & electric cars market volume: units, 2017–22
Table 3: North America hybrid & electric cars market category segmentation: % share, by value, 2017–2022
Table 4: North America hybrid & electric cars market category segmentation: $ million, 2017-2022
Table 5: North America hybrid & electric cars market geography segmentation: $ million, 2022
Table 6: North America hybrid & electric cars market value forecast: $ million, 2022–27
Table 7: North America hybrid & electric cars market volume forecast: units, 2022–27
Table 8: Toyota Motor Corporation: key facts
Table 9: Toyota Motor Corporation: Annual Financial Ratios
Table 10: Toyota Motor Corporation: Key Employees
Table 11: Toyota Motor Corporation: Key Employees Continued
Table 12: Toyota Motor Corporation: Key Employees Continued
Table 13: General Motors Company: key facts
Table 14: General Motors Company: Annual Financial Ratios
Table 15: General Motors Company: Key Employees
Table 16: General Motors Company: Key Employees Continued
Table 17: General Motors Company: Key Employees Continued
Table 18: Tesla, Inc.: key facts
Table 19: Tesla, Inc.: Annual Financial Ratios
Table 20: Tesla, Inc.: Key Employees
Table 21: North America exchange rate, 2018–22
List of Figures
Figure 1: North America hybrid & electric cars market value: $ million, 2017–22
Figure 2: North America hybrid & electric cars market volume: units, 2017–22
Figure 3: North America hybrid & electric cars market category segmentation: $ million, 2017-2022
Figure 4: North America hybrid & electric cars market geography segmentation: % share, by value, 2022
Figure 5: North America hybrid & electric cars market value forecast: $ million, 2022–27
Figure 6: North America hybrid & electric cars market volume forecast: units, 2022–27
Figure 7: Forces driving competition in the hybrid & electric cars market in North America, 2022
Figure 8: Drivers of buyer power in the hybrid & electric cars market in North America, 2022
Figure 9: Drivers of supplier power in the hybrid & electric cars market in North America, 2022
Figure 10: Factors influencing the likelihood of new entrants in the hybrid & electric cars market in North America, 2022
Figure 11: Factors influencing the threat of substitutes in the hybrid & electric cars market in North America, 2022
Figure 12: Drivers of degree of rivalry in the hybrid & electric cars market in North America, 2022
