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Hybrid and Electric Car Market, Global Outlook and Forecast 2023-2032

The global Hybrid and Electric Car market was valued at US$ 225270 million in 2022 and is projected to reach US$ 984130 million by 2029, at a CAGR of 23.4% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.


The USA market for Global Hybrid and Electric Car market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.

Report Sample includes: - Table of Contents - List of Tables & Figures - Charts - Research Methodology Get FREE Sample of this Report at https://www.statsmarketresearch.com/download-free-sample/7813639/global-hybrid-electric-car-forecast-2023-2032-612


The China market for Global Hybrid and Electric Car market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.


The Europe market for Global Hybrid and Electric Car market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.


A Hybrid and Electric Car is a type of hybrid vehicle that combines a conventional internal combustion engine(ICE) system with an electric propulsion system (hybrid vehicle drivetrain).

This report aims to provide a comprehensive presentation of the global market for Hybrid and Electric Car, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Hybrid and Electric Car. This report contains market size and forecasts of Hybrid and Electric Car in global, including the following market information:


  • Global Hybrid and Electric Car Market Revenue, 2018-2023, 2024-2032, ($ millions)

  • Global Hybrid and Electric Car Market Sales, 2018-2023, 2024-2032, (K Units)

  • Global top five Hybrid and Electric Car companies in 2022 (%)

Extended Hybrid and Electric Car Segment to Reach $ Million by 2029, with a % CAGR in next six years.

The global key manufacturers of Hybrid and Electric Car include Continental, Magna, ATS Automation, Magtec, DENSO, BOSCH, Allison, Aptiv and Mahindra Electric, etc. in 2022, the global top five players have a share approximately % in terms of revenue.

MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Hybrid and Electric Car manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks. Total Market by Segment:

Global Hybrid and Electric Car Market, by Type, 2018-2023, 2024-2032 ($ Millions) & (K Units)

Global Hybrid and Electric Car Market Segment Percentages, by Type, 2022 (%)


  • Extended Hybrid and Electric Car

  • Parallel Hybrid and Electric Car

  • Mixed Hybrid and Electric Car

Global Hybrid and Electric Car Market, by Application, 2018-2023, 2024-2032 ($ Millions) & (K Units)

Global Hybrid and Electric Car Market Segment Percentages, by Application, 2022 (%)


  • Passenger Cars

  • Light Commercial Vehicles

  • Others

Global Hybrid and Electric Car Market, By Region and Country, 2018-2023, 2024-2032 ($ Millions) & (K Units)

Global Hybrid and Electric Car Market Segment Percentages, By Region and Country, 2022 (%)


  • North America (United States, Canada, Mexico)

  • Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)

  • Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)

  • The Middle East and Africa (Middle East, Africa)

  • South and Central America (Brazil, Argentina, Rest of SCA)

Competitor Analysis

The report also provides analysis of leading market participants including:


  • Key companies Hybrid and Electric Car revenues in global market, 2018-2023 (Estimated), ($ millions)

  • Key companies Hybrid and Electric Car revenues share in global market, 2022 (%)

  • Key companies Hybrid and Electric Car sales in global market, 2018-2023 (Estimated), (K Units)

  • Key companies Hybrid and Electric Car sales share in global market, 2022 (%)

key players include:


  • Continental

  • Magna

  • ATS Automation

  • Magtec

  • DENSO

  • BOSCH

  • Allison

  • Aptiv

  • Mahindra Electric

  • Hitachi

Outline of Major Chapters:

Chapter 1: Introduces the definition of Hybrid and Electric Car, market overview.

Chapter 2: Global Hybrid and Electric Car market size in revenue and volume.

Chapter 3: Detailed analysis of Hybrid and Electric Car manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.

Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 6: Sales of Hybrid and Electric Car in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.

Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.

Chapter 8: Global Hybrid and Electric Car capacity by region & country.

Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 11: The main points and conclusions of the report.


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