Market Analysis Of Global Hybrid Electric Vehicles (HEVs): 2015-2019
HEVs combine two energy sources: mechanical (ICE) and electrical. The size of a gasoline engine in HEVs is smaller than that in traditional vehicles. The combination of the two power sources helps achieve better fuel economy and performance. HEVs use efficient technologies such as regenerative braking that charges the battery by converting kinetic energy into electric energy. Many HEVs have start-stop systems that shut down the ICE when idle and restart it when needed, thereby reducing idle emissions.
Technavios analysts forecast Global HEVs market to grow at a CAGR of 10.53% over the period 2014-2019.
Covered in this Report
This report covers the present scenario and the growth prospects of the global HEVs market for the period 2015-2019. To calculate market size, the report considers the unit shipments of hybrid electric cars.
Technavio's report, the Global HEVs Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers Japan, the US, and Europe (EU 28); it also covers the global HEVs market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.
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Key Regions
- Europe (EU 28)
- Japan
- US
Key Vendors
- Ford Motor
- Honda Motor
- Hyundai Motor
- Toyota Motor
- Volkswagen
Other Prominent Vendors
- Daimler
- General Motors
- Mazda
- Mitsubishi
- Nissan Motors
Market Driver
- Increased popularity of electric vehicles
- For a full, detailed list, view our report
Market Challenge
- High cost of HEVs
- For a full, detailed list, view our report
Market Trend
- Advances in technologies
- For a full, detailed list, view our report
Key Questions Answered in this Report
- What will the market size be in 2019 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
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