Allied Market Research
Loading...
0
Allied Market Research

Plug-in Hybrid Vehicles Market by Type (Passenger Cars and Light Commercial Vehicles), Application Type (Series, Parallel, and Series-parallel), and Power Source (Stored Electricity and On Board Electric Generator): Global Opportunity Analysis and Industry Forecast, 2021–2030

A11726
Pages: NA
Aug 2021 | 179 Views
   
Author(s) : Sonia Mutreja
Tables: NA
Charts: NA
  • Formats*:

  • SIngle User License, Five User
    License & Enterprise User License

  • Data Pack Excel License

  • IComes with the additional cost
    of $2500.00 contact sales.

 

COVID-19

Pandemic disrupted the entire world and affected many industries.

Get detailed COVID-19 impact analysis on the Plug-in Hybrid Vehicles Market

Request Now !

Plug-in Hybrid Vehicles Market Outlook 2030 -

A plug-in hybrid electric vehicle contains an internal combustion engine, an electric motor, and a rechargeable battery. It can work even after the battery is empty by using the IC Engine. Combination of electric and internal combustion engine power helps vehicles to travel long distances easily. They emit fewer harmful greenhouse gases and are, therefore, more environmentally friendly than ordinary vehicles. These vehicles capture electrical energy generated from different sources, such as regenerative braking systems and engines. They can conserve energy by shutting down engine when a car is parked or idle. For instance, in 2019, Tesla announced its fully electric Model Y, which holds capability of carrying seven passengers along with their cargo. In May 2019, Volkswagen launched pre-booking in Europe for the first model of its new full-electric ID.3. The first special edition was kept highly limited to just 30,000 vehicles. The global plug-in hybrid electric vehicle market is considered to be driven by growing environmental issues and awareness, strict government emission standards, subsidies, and government tax incentives. However, most people in the world do not understand plug-in hybrid vehicle technology. Moreover, consumers are hesitant when it comes to unfamiliar technologies.

Leading manufacturers of plug-in hybrid vehicles believe in the fact that greening up the grid and using exiting electricity infrastructure would be more suitable, instead of constructing a totally new vehicle refueling set-up for accommodating greener liquid fuels for purpose of transportation. The plug-in hybrid & electric vehicle (PH&EV) research center is working together with utilities, regulators, automakers, as well as other research organizations such as Electric Power Research Institute. This cooperation aims to develop a sustainable market for plug-in hybrid vehicles.

Market scope and structure analysis:

Report Metric

Details

  Market size available for years

  2020–2030

  Base year considered

  2020

  Forecast period

  2021–2030

  Forecast units

  Value (USD)

  Segments covered

  Type, Application Type, Power Source, and Region

  Regions covered

North America (U.S., Canada and Mexico), Europe (Germany, U.K, France, Russia and rest of Europe), Asia-Pacific (China, Japan, India, South Korea and rest of Asia-Pacific), and LAMEA (Latin America, Middle East and Africa)

Companies covered

Nissan Motor Corporation Ltd., Bayerische Motoren Werke AG, Honda Motor Co., Ltd., Mitsubishi Motors Corporation, Toyota Motor Corporation, Volkswagen AG, Tesla Motors, Inc, Groupe Renault, Ford Motor Company, and Daimler AG

 

COVID-19 Impact analysis

With the advent in COVID-19 across the globe, the electric vehicle market has been affected as the plug-in hybrid vehicle manufacturing units have been shut down due to imposed lockdowns in major countries across the globe. The pandemic have had a negative impact on the plug-in hybrid vehicle market size for the year 2020 due to coronavirus. Majority of plug-in hybrid vehicle manufacturers are facing major issues such as closure of factories and unavailability of workforce due to lockdowns, which further affects production of cars as well. Measures such as closing factories, offices, dealerships, resulting dismissal of short time workers, and fear of recession that are politically enforced to contain the virus are anticipated to lead to a significant decline in sales of plug-in hybrid vehicle. These factors are anticipated to significantly impact the plug-in hybrid vehicle market.

Top Impacting Factors

  • Increasing emission norms, rising demand for fuel efficiency, and less greenhouse gas emissions are expected to drive the plug-in hybrid vehicles market.
  • High cost of plug-in hybrid electric vehicles and lack of infrastructure in certain regions are expected to hamper growth of the plug-in hybrid vehicles market.
  • Continuous reduction in battery price and advance transmission system is expected to provide opportunities for the market growth.

The plug-in hybrid vehicle trends are as follows

Less Greenhouse Gas Emissions

Plug-in hybrid vehicles are expected to emit less greenhouse gas emissions than traditional internal combustion engine, however, the quantity produced partly rest on fuel used at power plants that produce electricity used to recharge a car’s battery. A plug-in hybrid vehicle leads to fewer greenhouse gas if its electricity comes from nuclear and hydroelectric plants rather than coal-fired power plants. Electricity powered by renewable energy sources such as solar or wind is optimal. Thus, less greenhouse gas emissions in plug-in hybrid vehicle drive the market growth.

Key segments covered:

Segments

Subsegments

  Type

  • Passenger Car
  • Light Commercial Vehicles

  Application Type

  • Series
  • Parallel
  • Series-Parallel

  Power Source

  • Power Source Stored Electricity
  • On Board Electric Generator

  Region

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • UK
    • Italy
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Rest of Asia-Pacific
  • LAMEA
    • Latin America
    • Middle East
    • Africa

 

Key benefits of the report:

  • This study presents the analytical depiction of the plug-in hybrid vehicles industry along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with challenges of the plug-in hybrid vehicles market.
  • The current market is quantitatively analyzed from 2020 to 2028 to highlight the plug-in hybrid vehicles market growth scenario.
  • The report provides a detailed plug-in hybrid vehicles market analysis based on competitive intensity and how the competition will take shape in coming years.

Questions answered in the plug-in hybrid vehicles market research report:

  • Which are the leading market players active in the plug-in hybrid vehicles market?
  • What would be the detailed impact of COVID-19 on the market?
  • What current trends would influence the market in the next few years?
  • What are the driving factors, restraints, and opportunities in the plug-in hybrid vehicles market?
  • What are the projections for the future that would help in taking further strategic steps?
 
With collective industry experience of about 200 years of its analysts and experts, Allied Market Research (AMR) encompasses most infallible research methodology for its market intelligence and industry analysis. We do not only engrave the deepest levels of markets but also sneak through its slimmest details for the purpose of our market estimates and forecasts. Our approach helps in building greater market consensus view for size, shape and industry trends within each industry segment. We carefully factor in industry trends and real developments for identifying key growth factors and future course of the market. Our research proceeds are the resultant of high quality data, expert views and analysis and high value independent opinions. Our research process is designed to deliver balanced view of the global markets and allow stakeholders to make informed decisions.

We offer our clients exhaustive research and analysis based on wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics and regional intelligence. Our in-house industry experts play instrumental role in designing analytic tools and models, tailored to the requirements of particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of our recommendations and advice. With AMR’s calibrated research process and 360` degree data-evaluation methodology, our clients are assured of receiving:

  • Consistent, valuable, robust and actionable data & analysis that can easily be referenced for strategic business planning
  • Technologically sophisticated and reliable insights through well audited and veracious research methodology
  • Sovereign research proceeds that present a tangible depiction of marketplace


With a strong methodology we are, therefore, confident that our research and analysis are most reliable and guarantees sound business planning.

Secondary research
We refer a broad array of industry sources for our secondary, which typically include; however, not limited to: Company SEC filings, annual reports, company websites, broker & financial reports and investor presentations for competitive scenario and shape of the industry

  • Patent and regulatory databases for understanding of technical & legal developments
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic new articles, web-casts and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators and relevant press releases for market estimates and forecast


Primary research
Our primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks and face-to-face interactions. We are also in professional corporate relations with various companies that allow us greater flexibility for reaching out industry participants and commentators for interviews and discussions, fulfilling following functions:

  • Validates and improves the data quality and strengthens research proceeds
  • Further develops analyst team’s market understanding and expertise
  • Supplies authentic information about market size, share, growth and forecasts


Our primary research interview and discussion panels are typically composed of most experienced industry members. These participants include; however, not limited to:

  • Chief executives and VPs of leading corporations specific to industry
  • Product and sales managers or country heads; channel partners and top level distributors; banking, investments and valuation experts Key opinion leaders (KOLs)


Analyst tools and models
AMR has developed set of analyst tools and data models to supplement and expedite the analysis process. Corresponding to markets, where there is significant lack of information and estimates, AMR’s team of experts and analyst develop specific analyst tools and industry models to translate qualitative and quantitative industry indicators into exact industry estimates. These models also allow analysts to examine the prospects and opportunities prevailing in the market to accurately forecast the course of the market.
PURCHASE OPTIONS

Start reading ,This Report and over 13000+ thousand more Reports, Available with Avenue Library, T&C*

Call or Email us

U.S.-Canada
Toll-free :
+1-800-792-5285,
Int'l : +1-503-894-6022
Europe : + 44-845-528-1300
Email : help@alliedmarketresearch.com
 
Allied Market Research Allied Market Research Allied Market Research

Access from any device, anywhere

Clients can easily download both quantitative as well as
qualitative reports in PDF and excel formats.

RELATED TAGS

 

HAVE QUESTIONS?
SPEAK WITH ANALYST

 

FREQUENTLY ASKED
QUESTIONS?

 

DID YOU MISS ANYTHING?
DO YOU HAVE SPECIFIC REQUIREMENTS?

 

REQUEST TOC/SAMPLE

OR

Purchase Full Report of
Plug-in Hybrid Vehicles Market

  • Online Only
  • $3,456  $3,110
  • Online cloud access only
  • Restricted print, copy, paste & download
  • Read only
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Data Pack
  • $3,840  $3,456
  • Restricted to one authorized user
  • One print only
  • Available in
    Excel
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Single User
  • $5,769  $5,192
  • Restricted to one authorized user
  • One print only
  • Available in Excel & PDF
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Five Users
  • $6,450  $5,805
  • Limited to five authorized users
  • Print upto five copies
  • Available in Excel & PDF
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Enterprise
    License/PDF

  • $9,995  $8,996
  • Unlimited
    within
    company/enterprise
  • Available in Excel & PDF
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Library Membership
  • $ 699/mo
  • Published Content
    E-access
  • Company Profiles
    E-access
  • Newly Added Content Access
  • 10 PDF
    Downloads
  • 5 Excel Data
    Pack Downloads
  • 250 Company Profiles PDF Downloads
  • Start reading.
    This Report and over 13,000+ thousand more Reports, Available with Avenue Library. T&C*.

    Buy Now

*Taxes/Fees, if applicable will be added during checkout. All prices in USD

 

Why Allied Market Research?

 

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of scope of the report to exactly meet your needs

TARGETED MARKET VIEW

Targeted market view to provide pertinent information and save time of readers

 
 

Featured Reports

 

Erythropoietin Drugs Market

Global Opportunity Analysis and Industry Forecast, 2021–2028

Published in May 2021

Download Sample

Protein Therapeutics Market

Global Opportunity Analysis and Industry Forecast, 2017-2023

Published in Nov 2017

Download Sample

Surgical Equipment Market

Global Opportunity Analysis and Industry Forecast, 2020-2027

Published in Jan 2021

Download Sample

Medical Implant Market

Global Opportunity Analysis and Industry Forecast, 2020–2027

Published in Nov 2020

Download Sample

Featured Readings

 

Get fresh content delivered

Get insights on topics that are crucial for your business. Stay abreast of your interest areas.

 
Get Industry Data Alerts
 

Why Allied Market Research?

 

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of scope of the report to exactly meet your needs

TARGETED MARKET VIEW

Targeted market view to provide pertinent information and save time of readers