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Plug-in Hybrid Vehicles (PHEV) Market, Global Outlook and Forecast 2023-2035

Plug-in Hybrid Vehicles (PHEV) Market, Global Outlook and Forecast 2023-2035

  • Published on : 15 August 2023
  • Pages :75
  • Report Code:SMR-7776285

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Report overview

The global Plug-in Hybrid Vehicles (PHEV) market was valued at US$ 15750 million in 2022 and is projected to reach US$ 32130 million by 2029, at a CAGR of 10.7% 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 Plug-in Hybrid Vehicles (PHEV) 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 China market for Global Plug-in Hybrid Vehicles (PHEV) 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 Plug-in Hybrid Vehicles (PHEV) 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.

This report aims to provide a comprehensive presentation of the global market for Plug-in Hybrid Vehicles (PHEV), 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 Plug-in Hybrid Vehicles (PHEV). This report contains market size and forecasts of Plug-in Hybrid Vehicles (PHEV) in global, including the following market information:
Global Plug-in Hybrid Vehicles (PHEV) Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Plug-in Hybrid Vehicles (PHEV) Market Sales, 2018-2023, 2024-2029, (K Units)

Global top five Plug-in Hybrid Vehicles (PHEV) companies in 2022 (%)
The U.S. Market is Estimated at $ Million in 2022, While China is Forecast to Reach $ Million.
Extended PHEV Segment to Reach $ Million by 2029, with a % CAGR in next six years.
The global key manufacturers of Plug-in Hybrid Vehicles (PHEV) include Tesla, General Motors, Toyota Motor, Daimler, Nissan, BAIC Motor Corporation, BYD Auto, ZD Automotive and BMW, etc. in 2022, the global top five players have a share approximately % in terms of revenue.
We surveyed the Plug-in Hybrid Vehicles (PHEV) 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 Plug-in Hybrid Vehicles (PHEV) Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Plug-in Hybrid Vehicles (PHEV) Market Segment Percentages, by Type, 2022 (%)
  • Extended PHEV
  • Parallel PHEV
  • Mixed PHEV
Global Plug-in Hybrid Vehicles (PHEV) Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Plug-in Hybrid Vehicles (PHEV) Market Segment Percentages, by Application, 2022 (%)
  • Passenger Cars
  • Light Commercial Vehicles
  • Others
Global Plug-in Hybrid Vehicles (PHEV) Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Plug-in Hybrid Vehicles (PHEV) 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 Plug-in Hybrid Vehicles (PHEV) revenues in global market, 2018-2023 (Estimated), ($ millions)
  • Key companies Plug-in Hybrid Vehicles (PHEV) revenues share in global market, 2022 (%)
  • Key companies Plug-in Hybrid Vehicles (PHEV) sales in global market, 2018-2023 (Estimated), (K Units)
  • Key companies Plug-in Hybrid Vehicles (PHEV) sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
  • Tesla
  • General Motors
  • Toyota Motor
  • Daimler
  • Nissan
  • BAIC Motor Corporation
  • BYD Auto
  • ZD Automotive
  • BMW
  • Hyundai Motor
  • Honda Motor
  • Volkswagen
  • Mitsubishi Motors
Outline of Major Chapters:
Chapter 1: Introduces the definition of Plug-in Hybrid Vehicles (PHEV), market overview.

Chapter 2: Global Plug-in Hybrid Vehicles (PHEV) market size in revenue and volume.
Chapter 3: Detailed analysis of Plug-in Hybrid Vehicles (PHEV) 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 Vehicles (PHEV) 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 Vehicles (PHEV) 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.