Hybrid Vehicle Market Size, Share & Industry Analysis, By Vehicle Type (Passenger Car & Commercial Vehicle), By Electric Powertrain (Parallel & Series-Parallel), By Degree of Hybridization (Mild, Full & Plug-in Hybrid), By Components (Body, Chassis, Powertrain, Electronics, and Others) and Regional Forecast, 2024-2032

ATTRIBUTE

DETAILS

Study Period

2019-2032

Base Year

2023

Estimated Year

2024

Forecast Period

2024-2032

Historical Period

2019-2022

Growth Rate

CAGR of 7.1% from 2024-2032

Unit

Value (USD Billion)

Segmentation

By Vehicle Type

• Passenger Car
• Commercial Vehicle

By Electric Powertrain Type

• Parallel
• Series-Parallel

Degree of Hybridization

• Mild
• Full
• Plug-in-Hybrid

By Components

• Body
• Chassis
• Powertrain
• Electronics
• Others

By Geography

• North America (By Vehicle Type, By Electric powertrain Type, Degree of Hybridization & By Components)
  • U.S. (By Vehicle Type)
  • Canada (By Vehicle Type)
  • Mexico (By Vehicle Type)
• Europe (By Vehicle Type, By Electric powertrain Type, Degree of Hybridization & By Components)
• U.K. (By Vehicle Type)
  • Germany (By Vehicle Type)
  • France (By Vehicle Type)
  • Rest of Europe (By Vehicle Type)
• Asia Pacific (By Vehicle Type, By Electric powertrain Type, Degree of Hybridization & By Components)
  • China (By Vehicle Type)
  • Japan (By Vehicle Type)
  • India (By Vehicle Type)
  • Rest of Asia Pacific (By Vehicle Type)
• Rest of the World (By Vehicle Type, By Electric powertrain Type, Degree of Hybridization & By Components)