Summary

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 ...

Summary

The G8 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 G8 countries contributed $3,27,987.0 million in 2023 to the global hybrid & electric cars industry, with a compound annual growth rate (CAGR) of 38.3% between 2019 and 2023. The G8 countries are expected to reach a value of $10,33,083.1 million in 2028, with a CAGR of 25.8% over the 2023-28 period.
- Among the G8 nations, the US is the leading country in the hybrid & electric cars industry, with market revenues of $1,32,320.9 million in 2023. This was followed by Germany and the UK, with a value of $67,672.2 and $39,811.9 million, respectively.
- The US is expected to lead the hybrid & electric cars industry in the G8 nations with a value of $6,30,408.7 million in 2016, followed by Germa...

Summary

The NAFTA 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 North American Free Trade Agreement (NAFTA) is a trade agreement between the countries in North America: the US, Canada and Mexico. The hybrid & electric cars industry within the NAFTA countries had a total market value of $1,43,243.5 million in 2023.The US was the fastest growing country, with a CAGR of 44.7% over the 2019-23 period.
- Within the hybrid & electric cars industry, the US is the leading country among the NAFTA bloc, with market revenues of $1,32,320.9 million in 2023. This was followed by Canada and Mexico, with a value of $9,822.6 and $1,099.9 million, respectively.
- The US is expected to lead the hybrid & electric cars industry in the NAFTA bloc, with a value of $6,3...

Summary

The BRIC 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

- Brazil, Russian Federation, India and China (BRIC) are the emerging and fast growing countries within the hybrid & electric cars industry and had a total market value of $3,91,844.1 million in 2023. India was the fastest growing country with a CAGR of 185.9% over the 2019-23 period.
- Within the hybrid & electric cars industry, China is the leading country among the BRIC nations with market revenues of $3,85,467.7 million in 2023. This was followed by India, Brazil and Russia with a value of $4,959.9, $1,343.0, and $73.6 million, respectively.
- China is expected to lead the hybrid & electric cars industry in the BRIC nations with a value of $6,14,089.7 million in 2028, followed by India, ...

Summary

The Emerging 5 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

- These countries contributed $3,92,926.2 million to the global hybrid & electric cars industry in 2023, with a compound annual growth rate (CAGR) of 58.7% between 2007 and 2011. The top 5 emerging countries are expected to reach a value of $6,51,502.9 million in 2028, with a CAGR of 10.6% over the 2023-28 period.
- Within the hybrid & electric cars industry, China is the leading country among the top 5 emerging nations, with market revenues of $3,85,467.7 million in 2023. This was followed by India and Brazil with a value of $4,959.9 and $1,343.0 million, respectively.
- China is expected to lead the hybrid & electric cars industry in the top five emerging nations, with a value of $6,...

Summary

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 ...

Summary

Hybrid & Electric Cars in Italy industry profile provides top-line qualitative and quantitative summary information including: market size (value 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 Italian hybrid & electric cars market had total revenues of $24.7 billion in 2022, representing a compound annual growth rate (CAGR) of 52.5% between 2017 and 2022.
- Market production volume increased with a CAGR of 51.5% between 2017 and 2022, to reach a total of 433,033.0 units in 2022.
- The growth in the Italian hybrid & electric cars market is influenced by several macroeconomic factors, such as rising GDP, growing consumer confidence, and an increase in disposable incom...

Summary

Hybrid & Electric Cars in the Netherlands industry profile provides top-line qualitative and quantitative summary information including: market size (value 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 Dutch hybrid & electric cars market had total revenues of $8.3 billion in 2022, representing a compound annual growth rate (CAGR) of 58.4% between 2017 and 2022.
- Market production volume increased with a CAGR of 55.1% between 2017 and 2022, to reach a total of 156,512.0 units in 2022.
- The growth in the Dutch hybrid & electric cars market is influenced by several macroeconomic factors, such as rising GDP, growing consumer confidence, and an increase in disposable ...

Summary

Hybrid & Electric Cars in Spain industry profile provides top-line qualitative and quantitative summary information including: market size (value 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 Spanish hybrid & electric cars market had total revenues of $12.8 billion in 2022, representing a compound annual growth rate (CAGR) of 34.7% between 2017 and 2022.
- Market production volume increased with a CAGR of 33.1% between 2017 and 2022, to reach a total of 224,864.0 units in 2022.
- The growth in the Spanish hybrid & electric cars market is influenced by several macroeconomic factors, such as rising GDP, growing consumer confidence, and an increase in disposable incom...

Summary

Hybrid & Electric Cars in the United Kingdom industry profile provides top-line qualitative and quantitative summary information including: 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 UK hybrid & electric cars market had total revenues of $34.6 billion in 2022, representing a compound annual growth rate (CAGR) of 43.2% between 2017 and 2022.
- Market production volume increased with a CAGR of 42% between 2017 and 2022, to reach a total of 643,343.0 units in 2022.
- The growth in the UK hybrid & electric cars market is influenced by several macroeconomic factors, such as rising GDP, growing consumer confidence, and an increase in disp...

Summary

Hybrid & Electric Cars in Turkey industry profile provides top-line qualitative and quantitative summary information including: market size (value 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 Turkish hybrid & electric cars market had total revenues of $1,673.7 million in 2022, representing a compound annual growth rate (CAGR) of 77.1% between 2017 and 2022.
- Market production volume increased with a CAGR of 55.3% between 2017 and 2022, to reach a total of 29,910.0 units in 2022.
- The growth in the European hybrid & electric cars market is influenced by several macroeconomic factors, such as rising GDP, growing consumer confidence, and an increase in disposable i...

Summary

Global Hybrid & Electric Cars industry profile provides top-line qualitative and quantitative summary information including: market size (value 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 global hybrid & electric cars market had total revenues of $669.1 billion in 2022, representing a compound annual growth rate (CAGR) of 39.8% between 2017 and 2022.
- Market production volume increased with a CAGR of 33.8% between 2017 and 2022, to reach a total of 15,565,020.1 units in 2022.
- The growth in the global hybrid & electric cars market is influenced by several macroeconomic factors, such as rising GDP, growing consumer confidence, and an increase in disposable incom...

Summary

Hybrid & Electric Cars in Asia-Pacific 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 Asia-Pacific hybrid & electric cars market had total revenues of $320.8 billion in 2022, representing a compound annual growth rate (CAGR) of 36.4% between 2017 and 2022.
- Market production volume increased with a CAGR of 30.5% between 2017 and 2022, to reach a total of 9,251,471.0 units in 2022.
- The growth in the Asia-Pacific hybrid & electric cars market is influenced by several macroeconomic factors, such as rising GDP, growing consumer co...

Summary

Hybrid & Electric Cars in Europe industry profile provides top-line qualitative and quantitative summary information including: market size (value 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 European hybrid & electric cars market had total revenues of $225.0 billion in 2022, representing a compound annual growth rate (CAGR) of 45.8% between 2017 and 2022.
- Market production volume increased with a CAGR of 44.3% between 2017 and 2022, to reach a total of 4,142,793.0 units in 2022.
- The growth in the European hybrid & electric cars market is influenced by several macroeconomic factors, such as rising GDP, growing consumer confidence, and an increase in disposable...

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 consum...

Summary

Hybrid & Electric Cars in Singapore industry profile provides top-line qualitative and quantitative summary information including: market size (value 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 Singaporean hybrid & electric cars market had total revenues of $10.1 billion in 2022, representing a compound annual growth rate (CAGR) of 66.1% between 2017 and 2022.
- Market production volume increased with a CAGR of 64.9% between 2017 and 2022, to reach a total of 73,534.0 units in 2022.
- The growth in the Singaporean hybrid & electric cars market is influenced by several macroeconomic factors, such as rising GDP, growing consumer confidence, and an increase in dispo...

Summary

Hybrid & Electric Cars in South Korea industry profile provides top-line qualitative and quantitative summary information including: market size (value 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 South Korean hybrid & electric cars market had total revenues of $14.3 billion in 2022, representing a compound annual growth rate (CAGR) of 80.4% between 2017 and 2022.
- Market production volume increased with a CAGR of 76.7% between 2017 and 2022, to reach a total of 370,657.0 units in 2022.
- The growth in the South Korean hybrid & electric cars market is influenced by several macroeconomic factors, such as rising GDP, growing consumer confidence, and an increase in ...

Summary

Hybrid & Electric Cars in Australia industry profile provides top-line qualitative and quantitative summary information including: market size (value 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 Australian hybrid & electric cars market had total revenues of $7.5 billion in 2022, representing a compound annual growth rate (CAGR) of 68.6% between 2017 and 2022.
- Market production volume increased with a CAGR of 63.1% between 2017 and 2022, to reach a total of 121,635.0 units in 2022.
- The growth in the Australian hybrid & electric cars market is influenced by several macroeconomic factors, such as rising GDP, growing consumer confidence, and an increase in disposa...

Summary

Hybrid & Electric Cars in Russia industry profile provides top-line qualitative and quantitative summary information including: market size (value 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 Russian hybrid & electric cars market had total revenues of $58.8 million in 2022, representing a compound annual growth rate (CAGR) of 31.7% between 2017 and 2022.
- Market production volume increased with a CAGR of 29.8% between 2017 and 2022, to reach a total of 1,156.0 units in 2022.
- The Russian automotive market had been largely dependent on investment from Western automakers, who withdrew from the market shortly after Russia launched tens of thousands of troops into U...

Summary

Hybrid & Electric Cars in France industry profile provides top-line qualitative and quantitative summary information including: market size (value 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 French hybrid & electric cars market had total revenues of $31.2 billion in 2022, representing a compound annual growth rate (CAGR) of 39.9% between 2017 and 2022.
- Market production volume increased with a CAGR of 38.7% between 2017 and 2022, to reach a total of 574,389.0 units in 2022.
- The growth in the French hybrid & electric cars market is influenced by several macroeconomic factors, such as rising GDP, growing consumer confidence, and an increase in disposable income...

Summary

Hybrid & Electric Cars in Germany industry profile provides top-line qualitative and quantitative summary information including: 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 German hybrid & electric cars market had total revenues of $51.5 billion in 2022, representing a compound annual growth rate (CAGR) of 56.5% between 2017 and 2022.
- Market production volume increased with a CAGR of 55.4% between 2017 and 2022, to reach a total of 968,289.0 units in 2022.
- The growth in the German hybrid & electric cars market is influenced by several macroeconomic factors, such as rising GDP, growing consumer confidence, and an increase in dispo...

Summary

Hybrid & Electric Cars in the United States industry profile provides top-line qualitative and quantitative summary information including: market size (value 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 US hybrid & electric cars market had total revenues of $91.0 billion in 2022, representing a compound annual growth rate (CAGR) of 34.5% between 2017 and 2022.
- Market production volume increased with a CAGR of 31.1% between 2017 and 2022, to reach a total of 1,775,589.0 units in 2022.
- The growth in the US hybrid & electric cars market is influenced by several macroeconomic factors, such as rising GDP, growing consumer confidence, and an increase in disposable i...

Summary

Hybrid & Electric Cars in Brazil industry profile provides top-line qualitative and quantitative summary information including: 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 Brazilian hybrid & electric cars market had total revenues of $1,074.9 million in 2022, representing a compound annual growth rate (CAGR) of 59.3% between 2017 and 2022.
- Market production volume increased with a CAGR of 52.5% between 2017 and 2022, to reach a total of 39,656.0 units in 2022.
- The growth in the Brazilian hybrid & electric cars market is influenced by several macroeconomic factors, such as rising GDP, growing consumer confidence, and an increase i...

Summary

Hybrid & Electric Cars in China industry profile provides top-line qualitative and quantitative summary information including: market size (value 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 Chinese hybrid & electric cars market had total revenues of $246.5 billion in 2022, representing a compound annual growth rate (CAGR) of 62.3% between 2017 and 2022.
- Market production volume increased with a CAGR of 59% between 2017 and 2022, reaching a total of 7,290,336.0 units in 2022.
- The growth in the Chinese hybrid & electric cars market is influenced by several macroeconomic factors, such as rising GDP, growing consumer confidence, and an increase in disposable inco...

Summary

Hybrid & Electric Cars in India industry profile provides top-line qualitative and quantitative summary information including: market size (value 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 Indian hybrid & electric cars market had total revenues of $3.2 billion in 2022, representing a compound annual growth rate (CAGR) of 108% between 2017 and 2022.
- Market production volume increased with a CAGR of 106.4% between 2017 and 2022, to reach a total of 70,570.0 units in 2022.
- The growth in the Indian hybrid & electric cars market is influenced by several macroeconomic factors, such as rising GDP, growing consumer confidence, and an increase in disposable income am...