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Plug-in Hybrid Electric Vehicles Market, Global Outlook and Forecast 2023-2030

Plug-in Hybrid Electric Vehicles Market, Global Outlook and Forecast 2023-2030

  • Published on : 10 December 2023
  • Pages :75
  • Report Code:SMR-7872768

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Report overview

The global Plug-in Hybrid Electric Vehicles 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 Electric Vehicles 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 Electric Vehicles 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 Electric Vehicles 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.

A plug-in hybrid electric vehicle is a hybrid electric vehicle whose battery can be recharged by plugging it into an external source of electric power, as well by its on-board engine and generator.
This report aims to provide a comprehensive presentation of the global market for Plug-in Hybrid Electric Vehicles, 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 Electric Vehicles. This report contains market size and forecasts of Plug-in Hybrid Electric Vehicles in global, including the following market information:

  • Global Plug-in Hybrid Electric Vehicles Market Revenue, 2018-2023, 2024-2030, ($ millions)
  • Global Plug-in Hybrid Electric Vehicles Market Sales, 2018-2023, 2024-2030, (K Units)
  • Global top five Plug-in Hybrid Electric Vehicles companies in 2022 (%)

Most plug-in hybrid electric vehicles are passenger cars, but there are also PHEV versions of commercial vehicles and vans, utility trucks, buses, trains, motorcycles, scooters and military vehicles.
We surveyed the Plug-in Hybrid Electric Vehicles 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 Electric Vehicles Market, by Type, 2018-2023, 2024-2030 ($ Millions) & (K Units)
Global Plug-in Hybrid Electric Vehicles Market Segment Percentages, by Type, 2022 (%)

  • Stored Electricity
  • On Board Electric Generator

Global Plug-in Hybrid Electric Vehicles Market, by Application, 2018-2023, 2024-2030 ($ Millions) & (K Units)
Global Plug-in Hybrid Electric Vehicles Market Segment Percentages, by Application, 2022 (%)

  • Passenger Cars
  • Commercial Vehicles
  • Two Wheelers
  • Others

Global Plug-in Hybrid Electric Vehicles Market, By Region and Country, 2018-2023, 2024-2030 ($ Millions) & (K Units)
Global Plug-in Hybrid Electric Vehicles 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 Electric Vehicles revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Plug-in Hybrid Electric Vehicles revenues share in global market, 2022 (%)
Key companies Plug-in Hybrid Electric Vehicles sales in global market, 2018-2023 (Estimated), (K Units)
Key companies Plug-in Hybrid Electric Vehicles sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:

  • Nissan Motor
  • Bayerische Motoren Werke
  • Honda Motor
  • Mitsubishi Motors
  • Toyota Motor
  • Volkswagen
  • Tesla Motors
  • Groupe Renault
  • Ford Motor
  • Daimler
  • General Motors

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.