Report overview
Hybrid commercial vehicles use a combination of an IC engine and an electric motor to power the vehicles. The vehicle uses either a combination of both or the preferred engine as per requirement.
This report aims to provide a comprehensive presentation of the global market for Hybrid Commercial Vehicle, 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 Commercial Vehicle. This report contains market size and forecasts of Hybrid Commercial Vehicle in global, including the following market information:
Global Hybrid Commercial Vehicle Market Revenue, 2018-2023, 2024-2032, ($ millions)
Global Hybrid Commercial Vehicle Market Sales, 2018-2023, 2024-2032, (K Units)
Global top five Hybrid Commercial Vehicle companies in 2022 (%)
The global Hybrid Commercial Vehicle market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Hybrid powertrains offer more benefits, such as fuel economy and low operating costs, when compared to ICE vehicles. These factors are driving the market for hybrid commercial vehicles that run on both ICE and electricity. Hybrid commercial vehicles offer the best solution for fuel efficiency and lower pollutant emissions as a result of the start-stop system and regenerative braking mechanisms typical of these vehicles. The use of regenerative braking systems in micro hybrid vehicles also ensures a long life for the vehicle?s brake discs and pads as these do not wear out quickly.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Hybrid Commercial Vehicle 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 Commercial Vehicle Market, by Type, 2018-2023, 2024-2032 ($ Millions) & (K Units)
Global Hybrid Commercial Vehicle Market Segment Percentages, by Type, 2022 (%)
Light Commercial Vehicles
Heavy Commercial Vehicles
Global Hybrid Commercial Vehicle Market, by Application, 2018-2023, 2024-2032 ($ Millions) & (K Units)
Global Hybrid Commercial Vehicle Market Segment Percentages, by Application, 2022 (%)
Online Retail
Offline Retail
Global Hybrid Commercial Vehicle Market, By Region and Country, 2018-2023, 2024-2032 ($ Millions) & (K Units)
Global Hybrid Commercial Vehicle Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Hybrid Commercial Vehicle revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Hybrid Commercial Vehicle revenues share in global market, 2022 (%)
Key companies Hybrid Commercial Vehicle sales in global market, 2018-2023 (Estimated), (K Units)
Key companies Hybrid Commercial Vehicle sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Daimler
HinO
PACCAR
Volvo
Outline of Major Chapters:
Chapter 1: Introduces the definition of Hybrid Commercial Vehicle, market overview.
Chapter 2: Global Hybrid Commercial Vehicle market size in revenue and volume.
Chapter 3: Detailed analysis of Hybrid Commercial Vehicle 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 Commercial Vehicle 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 Commercial Vehicle 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.
