April 25, 2024

Plug-in Hybrid Electric Vehicles Market Size to Grow US$ 279.4 Billion By 2030

The global plug-in hybrid electric vehicles market size was valued at US$ 122.6 billion in 2021 and is anticipated to grow US$ 279.4billion by 2030, registering a compound annual growth rate (CAGR) of 9.58% from 2022 to 2030.

Plug-in Hybrid Electric Vehicle Market Size 2022 to 2030

The plug-in hybrid electric vehicles market report covering various industry elements and growth trends helpful for predicting the market’s future.

The study provides a strong base for the plug-in hybrid electric vehicles market to be segmented into different segments. In fact, the study also covers the maximum market share during the assessment period by 2030.

This study is based on the partners that are highly competitive, key players as well as their market revenue in the forecast years of 2022 to 2030. There is also a strong focus on product revenues, sales, product categories and even the products that are experiencing the most traction. In this manner, the plug-in hybrid electric vehicles report also speaks about the effectiveness of this market along with its growth during the forecast period of 2030. Other major attributes of the plug-in hybrid electric vehicles market have been studied and analysed across many developments.

Report Scope of the Plug-in Hybrid Electric Vehicles Market

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

Research Approach

The comprehensive report on the global plug-in hybrid electric vehicles market begins with an overview, followed by the scope and objectives of the study. The report provides detailed explanation of the objectives behind this study and key vendors and distributors operating in the market and regulatory scenario for approval of products. Following this, the report provides detailed explanation of objectives of this study and laid down by accredited agencies in the purview of research in the global plug-in hybrid electric vehicles market.

It is followed by market introduction, market dynamics, and an overview of the global market, which includes analysis of market drivers, restraints, and trends pertaining to the global market. Furthermore, Y-o-Y growth analysis with elaborated insights has been provided in order to understand the Y-o-Y growth trend of the global market.

For reading comprehensibility, the report has been compiled in a chapter-wise layout, with each section divided into smaller sections. The report comprises an exhaustive collection of graphs and tables that are appropriately interspersed. Pictorial representation of actual and projected values of key segments is visually appealing to readers. This also allows comparison of the market shares of key segments in the past and at the end of the forecast period.

Key Players

  • 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

Market Segmentations

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

By Geography

  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East & Africa (MEA)

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)

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

Why should you invest in this report?

If you are aiming to enter the global plug-in hybrid electric vehicles market, this report is a comprehensive guide that provides crystal clear insights into this niche market. All the major application areas for plug-in hybrid electric vehicles are covered in this report and information is given on the important regions of the world where this market is likely to boom during the forecast period of 2022-2030 so that you can plan your strategies to enter this market accordingly.

Besides, through this report, you can have a complete grasp of the level of competition you will be facing in this hugely competitive market and if you are an established player in this market already, this report will help you gauge the strategies that your competitors have adopted to stay as market leaders in this market. For new entrants to this market, the voluminous data provided in this report is invaluable.

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Prathamesh

I have completed my education in Bachelors in Computer Application. A focused learner having a keen interest in the field of digital marketing, SEO, SMM, and Google Analytics enthusiastic to learn new things along with building leadership skills.

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