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Report overview
The global Plug-in Hybrid Electric Vehicles market was valued at US$ 14440 million in 2023 and is projected to reach US$ 31740 million by 2030, at a CAGR of 11.8% during the forecast period.
This research report provides a comprehensive analysis of the Plug-in Hybrid Electric Vehicles market, focusing on the current trends, market dynamics, and future prospects. The report explores the global Plug-in Hybrid Electric Vehicles market, including major regions such as North America, Europe, Asia-Pacific, and emerging markets. It also examines key factors driving the growth of Plug-in Hybrid Electric Vehicles, challenges faced by the industry, and potential opportunities for market players.
The global Plug-in Hybrid Electric Vehicles market has witnessed rapid growth in recent years, driven by increasing environmental concerns, government incentives, and advancements in technology. The Plug-in Hybrid Electric Vehicles market presents opportunities for various stakeholders, including Passenger Cars, Commercial Vehicles. Collaboration between the private sector and governments can accelerate the development of supportive policies, research and development efforts, and investment in Plug-in Hybrid Electric Vehicles market. Additionally, the growing consumer demand present avenues for market expansion.
Global EV sales continued strong. A total of 10,5 million new BEVs and PHEVs were delivered during 2022, an increase of +55 % compared to 2021. China and Europe emerged as the main drivers of strong growth in global EV sales. In 2022, the production and sales of new energy vehicles in China reach 7.0 million and 6.8 million respectively, a year-on-year increase of 96.9% and 93.4%, with a market share of 25.6%. The production and sales of new energy vehicles have ranked first in the world for eight consecutive years. Among them, the sales volume of pure electric vehicles was 5.365 million, a year-on-year increase of 81.6%. In 2022, sales of pure electric vehicles in Europe will increase by 29% year-on-year to 1.58 million.
Key Features:
The research report on the Plug-in Hybrid Electric Vehicles market includes several key features to provide comprehensive insights and facilitate decision-making for stakeholders.
Executive Summary: The report provides overview of the key findings, market trends, and major insights of the Plug-in Hybrid Electric Vehicles market.
Market Overview: The report provides a comprehensive overview of the Plug-in Hybrid Electric Vehicles market, including its definition, historical development, and current market size. It covers market segmentation by Type (e.g., Stored Electricity, On Board Electric Generator), region, and application, highlighting the key drivers, challenges, and opportunities within each segment.
Market Dynamics: The report analyses the market dynamics driving the growth and development of the Plug-in Hybrid Electric Vehicles market. The report includes an assessment of government policies and regulations, technological advancements, consumer trends and preferences, infrastructure development, and industry collaborations. This analysis helps stakeholders understand the factors influencing the Plug-in Hybrid Electric Vehicles market's trajectory.
Competitive Landscape: The report provides an in-depth analysis of the competitive landscape within the Plug-in Hybrid Electric Vehicles market. It includes profiles of major market players, their market share, strategies, product portfolios, and recent developments.
Market Segmentation and Forecast: The report segment the Plug-in Hybrid Electric Vehicles market based on various parameters, such as by Type, region, and by Application. It provides market size and growth forecasts for each segment, supported by quantitative data and analysis. This helps stakeholders identify growth opportunities and make informed investment decisions.
Technological Trends: The report should highlight the key technological trends shaping the Plug-in Hybrid Electric Vehicles market, such as advancements in Type One technology and emerging substitutes. It analyses the impact of these trends on market growth, adoption rates, and consumer preferences.
Market Challenges and Opportunities: The report identify and analyses the major challenges faced by the Plug-in Hybrid Electric Vehicles market, such as technical bottleneck, cost limitations, and high entry barrier. It also highlights the opportunities for market growth, such as government incentives, emerging markets, and collaborations between stakeholders.
Regulatory and Policy Analysis: The report should assess the regulatory and policy landscape for Plug-in Hybrid Electric Vehicles, including government incentives, emission standards, and infrastructure development plans. It should analyse the impact of these policies on market growth and provide insights into future regulatory developments.
Recommendations and Conclusion: The report conclude with actionable recommendations for stakeholders, such as Application One Consumer, policymakers, investors, and infrastructure providers. These recommendations should be based on the research findings and address key challenges and opportunities within the Plug-in Hybrid Electric Vehicles market.
Supporting Data and Appendices: The report include supporting data, charts, and graphs to substantiate the analysis and findings. It also includes appendices with additional detailed information, such as data sources, survey questionnaires, and detailed market forecasts.
Market Segmentation
Plug-in Hybrid Electric Vehicles market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Market segment by Type
Market segment by Application
Global Plug-in Hybrid Electric Vehicles Market Segment Percentages, By Region and Country, 2023 (%)
Major players covered
Outline of Major Chapters:
Chapter 1: Introduces the definition of Plug-in Hybrid Electric Vehicles, market overview.
Chapter 2: Global Plug-in Hybrid Electric Vehicles market size in revenue and volume.
Chapter 3: Detailed analysis of Plug-in Hybrid Electric Vehicles 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 Plug-in Hybrid Electric Vehicles 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 Plug-in Hybrid Electric Vehicles 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.