New statistical report "Global Hybrid Electric Vehicles Market Professional Survey Report 2019" has been featured by wiseguyreports to its extensive database.
Global Market Outline: Hybrid Electric Vehicles Market
A hybrid electric vehicle (HEV) is a type of hybrid vehicle that combines a conventional internal combustion engine (ICE) system with an electric propulsion system (hybrid vehicle drivetrain). The presence of the electric powertrain is intended to achieve either better fuel economy than a conventional vehicle or better performance. There is a variety of HEV types, and the degree to which each functions as an electric vehicle (EV) also varies. The most common form of HEV is the hybrid electric car, although hybrid electric trucks (pickups and tractors) and buses also exist.
The introduction of stringent regulations on emissions is one of the major factors that will have a positive impact on the growth of this market in the coming years. To minimize the negative effects of global warming and to reduce GHG emissions, governments of several countries across the globe have started introducing stringent emission norms. For instance, the European Union norms of 2009 set CO? emission level for new passenger cars at 130g/km. The European Union also introduced the Euro VI norms in 2016, which set the emission of nitrogen oxide below 0.4g/kWh and other emissions under 0.01g/kWh. Analysts predict that the countries such as Australia, Mexico, Russia, and Brazil will also implement stringent emission standards during the coming years, which, in turn, will propel the demand for hybrid vehicles during the estimated period.
APAC is estimated to be the major revenue contributor to the market throughout the next four years. The increasing focus of governments in this region in promoting the adoption of battery electric vehicles and hybrid vehicles coupled with the rising demand for alternative fuel vehicles (AFV), will drive the prospects for market growth in this region. Additionally, the economic growth of emerging countries such as China and India will also result in rapid infrastructure development to support the use of hybrid vehicles.
The global Hybrid Electric Vehicles market was valued at xx million US$ in 2018 and will reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2019-2025.
Top key Players
Market segment by Type, the product can be split into
Market segment by Application, split into
In this study, the years considered to estimate the market size of Hybrid Electric Vehicles are as follows:
History Year: 2013-2017
Base Year: 2017
Estimated Year: 2019
Forecast Year 2019 to 2025
Latest update on Hybrid Electric Vehicles Market
The market forecast in between 2018 and 2025. The base considered for this market report in 2018. A section of the report covers historical analysis. A detailed analysis of micro and macroeconomic indicators influencing the market is also available in the report. Information on growth drivers, industry trends, threats and growth opportunities is provided in the report. The market assessment is available in value. In addition to this, the report includes table of content which allows readers to conveniently navigate to different sections of the report.
Market segment by Regions/Countries, this report covers
Central & South America
View Detailed Research Report at https://www.wiseguyreports.com/reports/4523890-global-hybrid-electric-vehicles-market-professional-survey-report-2019
The report explores different factors attributing to fast-paced growth in the global Hybrid Electric Vehicles market including a detailed study of several volume trends, pricing history, and the value of the product/ service. Some noteworthy factors studied in the market research report include the impact of snowballing population growth, proliferation witnessed in technological innovation, as well as, demand and supply dynamics experienced by the Hybrid Electric Vehicles market. Apart from this, it includes the introduction of government policies and the competitive landscape of the Hybrid Electric Vehicles market during the review period.
The study objectives of this report are:
To study and analyze the global Hybrid Electric Vehicles market size (value & volume) by company, key regions/countries, products and application, history data from 2013 to 2017, and forecast to 2025.
To understand the structure of Hybrid Electric Vehicles market by identifying its various sub-segments.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
Focuses on the key global Hybrid Electric Vehicles manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Hybrid Electric Vehicles with respect to individual growth trends, future prospects, and their contribution to the total market.
To project the value and volume of Hybrid Electric Vehicles submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
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Ph: +44 208 133 9349 (UK)