Aug 17, 2018   SOURCE: BusinessWire

Hybrid Vehicles - Worldwide Market Review 2017-2018 and Forecast to 2026: Market to Reach $243.2 Billion - ResearchAndMarkets.com

The "Hybrid Vehicle - Global Market Outlook (2017-2026)" report has been added to ResearchAndMarkets.com's offering.

According to the report, the Global Hybrid Vehicle market accounted for $68.03 billion in 2017 and is expected to reach $243.2 billion by 2026 growing at a CAGR of 11.2% during the forecast period.

Raising discharge Norms, Growing eco-friendly initiatives pertaining to fuel emissions, Optimum Fuel ratio and uninterrupted reduction in battery price. However, increasing vehicle costs and growing demand for BEVs and FCEVs are inhibiting the market growth.

On the basis of Powertrain, Parallel hybrid is one of the fastest growing markets in the Hybrid Vehicle Market due to its less complex system and high performance. It is also suitable for long distance travel. Also, the energy conversion losses are minimized in a parallel hybrid as the engine and battery are connected to the motor directly. The regenerative braking system is the most commonly used technology in hybrid vehicles. The use of the regenerative braking system and the lesser cost of micro and mild hybrids compared to PHEVs will boost the demand for parallel hybrids.

By Geography, Asia Pacific is the highest market due to the huge sales volume in Japan and China. Countries are focusing on deploying a large fleet of low-emission vehicles. It is the home for major players in the Hybrid Vehicle Market such as Toyota, Honda, Nissan, Kia, BYD, Hyundai, and others.

Key Topics Covered

1 Executive Summary

2 Preface

3 Market Trend Analysis

4 Porters Five Force Analysis

5 Global Hybrid Vehicle Market, By Component

6 Global Hybrid Vehicle Market, By Technology

7 Global Hybrid Vehicle Market, By Electric Powertrain

8 Global Hybrid Vehicle Market, By Vehicle

9 Global Hybrid Vehicle Market, By Propulsion

10 Global Hybrid Vehicle Market, By Geography

11 Key Developments

12 Company Profiling

  • Toyota
  • Ford
  • Volvo
  • Continental
  • ZF
  • Daimler
  • Hyundai
  • Honda
  • Schaefler
  • Borgwarner
  • Delphi Technologies
  • Allison Transmission

For more information about this report visit https://www.researchandmarkets.com/research/6skjc6/hybrid_vehicles?w=4