The global hybrid electric powertrain market size is expected to reach around US$ 90 Bn by 2027 and is anticipated to grow at a CAGR of around 11% in terms of revenue during the forecast period, 2020 – 2027.
The newest developments in the car industry are hybrid electric powertrains. In order to prevent global warming and allow the most efficient use of various energy sources, the growing practice towards creating a low-carbon atmosphere contributed to producing hybrid electric vehicles. The internal combustion engine and an electric motor that uses stored battery energy drives hybrid electric cars. The battery cannot be attached to a hybrid electric car. The regenerative braking and internal combustion engine charge the pump.
The report provides analysis of global hybrid electric powertrain market for the period 2016-2027, wherein 2020 to 2027 is the forecast period and 2019 is considered as the base year.
Market Dynamics
Rising urbanization and increased demand for electric powered cars drives the hybrid electric powertrain market. In addition, the global hybrid powertrain industry is expected to follow strict government regulations and increase fuel efficiency for hybrid vehicles in forecast timeframe. In the next few years, a substantial problem is expected to occur in the manufacturing costs associated with the powertrain. Besides, pioneering E-performance innovations are the key developments that attract players to build an environmentally friendly and efficient powertrain. It is incredibly important to substitute the gasoline-fed internal combustion motors with a system that produces quiet, low friction and instant torque. E-Powertrain provides sensitive, quiet, high quality drives.
Regional Stance
Asia-Pacific hybrid electric powertrain market is projected to expand at the fastest pace between 2020 and 2027. Japan is market leader as hybrid cars are expanding and hybrid vehicle technologies in the world are gradually being developed. Additionally, policy incentives such as exemptions from road taxes, free car parking and hybrid subsidies are a significant factor in promoting the adoption of hybrid electric powertrain in the country. Automakers are adding more of the same cars with improved capacities with the growing sales of electric vehicles. On the other hand, China's demand growth in 2018 has been slow due to regulatory changes, and production is expected to bounce back as automakers adjusting prices absorb these changes. With over 90 percent of electric buses sold in China, China has been world leader in the fields of electric commercial vehicles.
The global supplier of electricity generation is joining the Chinese market by forming joint ventures and alliances with local producers to capitalize on rising demand for electric vehicles. Magna International for example has signed an agreement to grow its electric drive footprint with Huayu Automotive Systems in China.
Report coverage
The market research study on “Hybrid Electric Powertrain Market (Hybrid Electric Powertrain Market By Vehicle Type: Plug-in Hybrid Vehicles, Hybrid Vehicles; Hybrid Electric Powertrain Market By Component: Power Distribution Module, Battery Pack, Transmission, Inverter/Converter, DC Converter, Electric Drive Train, Other) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2020 - 2027) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2020 - 2027” offers a detailed insights on the global Hybrid Electric Powertrain market entailing insights on its different market segments. Market dynamics with drivers, restraints and opportunities with their impact are provided in the report. The report also provides competitive landscape to understand the current stance of particular player. The report covers global Hybrid Electric Powertrain market size, and segment markets By Product, application, end use, and geography along with the information on companies operating in the market. The Hybrid Electric Powertrain market analysis is provided for major regional markets including North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. For each region, the market size for different segments has been covered under the scope of report.
The global Hybrid Electric Powertrain market is segmented as below:
Market Segmentation
Hybrid Electric Powertrain Market By Vehicle Types
- Plug-in Hybrid Vehicles
- Hybrid Vehicles
Hybrid Electric Powertrain Market By Component
- Power Distribution Module
- Battery Pack
- Transmission
- Inverter/Converter
- DC Converter
- Electric Drive Train
- Other
Hybrid Electric Powertrain Market By Geography
North America
Europe
- UK
- Germany
- France
- Spain
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
Latin America
- Mexico
- Brazil
- Rest of Latin America
Middle East & Africa
- GCC
- South Africa
- Rest of MEA
Key Players and Market Situation
Participants include major global players such as BYD Auto Co. Ltd., Honda Motor Company, Toyota Motors, Nissan Motor Co. Ltd., Kia Motors Corporation, Suzuki Motor Corporation, and Others.
Table Of Content:
CHAPTER 1. INDUSTRY OVERVIEW
1.1. Definition and Scope
1.1.1. Definition of Hybrid Electric Powertrain
1.1.2. Market Segmentation
1.1.3. List of Abbreviations
1.2. Summary
1.2.1. Market Snapshot
1.2.2. Hybrid Electric Powertrain Market By Vehicle Types
1.2.2.1. Global Hybrid Electric Powertrain Market Revenue and Growth Rate Comparison By Vehicle Types (2020-2027)
1.2.2.2. Plug-in Hybrid Vehicles
1.2.2.3. Hybrid Vehicles
1.2.3. Hybrid Electric Powertrain Market By Component
1.2.3.1. Global Hybrid Electric Powertrain Market Revenue and Growth Rate Comparison By Component (2020-2027)
1.2.3.2. Global Hybrid Electric Powertrain Market Revenue Share By Component in 2019
1.2.3.3. Power Distribution Module
1.2.3.4. Battery Pack
1.2.3.5. Transmission
1.2.3.6. Inverter/Converter
1.2.3.7. DC Converter
1.2.3.8. Electric Drive Train
1.2.3.9. Other
1.2.4. Hybrid Electric Powertrain Market By Geography
1.2.4.1. Global Hybrid Electric Powertrain Market Revenue and Growth Rate Comparison by Geography (2020-2027)
1.2.4.2. North America Hybrid Electric Powertrain Market Revenue and Growth Rate(2020-2027)
1.2.4.3. Europe Hybrid Electric Powertrain Market Revenue and Growth Rate(2020-2027)
1.2.4.4. Asia-Pacific Hybrid Electric Powertrain Market Revenue and Growth Rate(2020-2027)
1.2.4.5. Latin America Hybrid Electric Powertrain Market Revenue and Growth Rate(2020-2027)
1.2.4.6. Middle East and Africa (MEA) Hybrid Electric Powertrain Market Revenue and Growth Rate(2020-2027)
CHAPTER 2. MARKET DYNAMICS AND COMPETITION ANALYSIS
2.1. Market Drivers
2.2. Restraints and Challenges
2.3. Growth Opportunities
2.4. Porter’s Five Forces Analysis
2.4.1. Bargaining Power of Suppliers
2.4.2. Bargaining Power of Buyers
2.4.3. Threat of Substitute
2.4.4. Threat of New Entrants
2.4.5. Degree of Competition
2.5. Value Chain Analysis
2.6. Cost Structure Analysis
2.6.1. Raw Material and Suppliers
2.6.2. Manufacturing Process Analysis
2.7. Regulatory Compliance
2.8. Competitive Landscape, 2019
2.8.1. Player Positioning Analysis
2.8.2. Key Strategies Adopted By Leading Players
CHAPTER 3. MANUFACTURING PLANTS ANALYSIS
3.1. Capacity and Commercial Production Date of Global Hybrid Electric Powertrain Major Manufacturers in 2019
3.2. Manufacturing Plants Distribution of Global Hybrid Electric Powertrain Major Manufacturers in 2019
3.3. R&D Status and Technology Source of Global Hybrid Electric Powertrain Major Manufacturers in 2019
3.4. Raw Materials Sources Analysis of Global Hybrid Electric Powertrain Major Manufacturers in 2019
CHAPTER 4. HYBRID ELECTRIC POWERTRAIN MARKET BY VEHICLE TYPES
4.1. Global Hybrid Electric Powertrain Revenue By Vehicle Types
4.2. Plug-in Hybrid Vehicles
4.2.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
4.2.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
4.3. Hybrid Vehicles
4.3.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
4.3.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
CHAPTER 5. HYBRID ELECTRIC POWERTRAIN MARKET BY COMPONENT
5.1. Global Hybrid Electric Powertrain Revenue By Component
5.2. Power Distribution Module
5.2.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
5.2.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
5.3. Battery Pack
5.3.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
5.3.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
5.4. Transmission
5.4.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
5.4.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
5.5. Inverter/Converter
5.5.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
5.5.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
5.6. DC Converter
5.6.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
5.6.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
5.7. Electric Drive Train
5.7.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
5.7.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
5.8. Other
5.8.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
5.8.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
CHAPTER 6. NORTH AMERICA HYBRID ELECTRIC POWERTRAIN MARKET BY COUNTRY
6.1. North America Hybrid Electric Powertrain Market Revenue and Growth Rate, 2020 - 2027 ($Million)
6.2. North America Hybrid Electric Powertrain Market Revenue Share Comparison, 2020 & 2027 (%)
6.3. U.S.
6.3.1. U.S. Hybrid Electric Powertrain Market Revenue and Forecast By Vehicle Types, 2020 - 2027 ($Million)
6.3.2. Market Revenue and Forecast By Component, 2020 - 2027 ($Million)
6.4. Canada
6.4.1. Market Revenue and Forecast By Vehicle Types, 2020 - 2027 ($Million)
6.4.2. Market Revenue and Forecast By Component, 2020 - 2027 ($Million)
CHAPTER 7. EUROPE HYBRID ELECTRIC POWERTRAIN MARKET BY COUNTRY
7.1. Europe Hybrid Electric Powertrain Market Revenue and Growth Rate, 2020 - 2027 ($Million)
7.2. Europe Hybrid Electric Powertrain Market Revenue Share Comparison, 2020 & 2027 (%)
7.3. UK
7.3.1. Market Revenue and Forecast By Vehicle Types, 2020 - 2027 ($Million)
7.3.2. Market Revenue and Forecast By Component, 2020 - 2027 ($Million)
7.4. Germany
7.4.1. Market Revenue and Forecast By Vehicle Types, 2020 - 2027 ($Million)
7.4.2. Market Revenue and Forecast By Component, 2020 - 2027 ($Million)
7.5. France
7.5.1. Market Revenue and Forecast By Vehicle Types, 2020 - 2027 ($Million)
7.5.2. Market Revenue and Forecast By Component, 2020 - 2027 ($Million)
7.6. Spain
7.6.1. Market Revenue and Forecast By Vehicle Types, 2020 - 2027 ($Million)
7.6.2. Market Revenue and Forecast By Component, 2020 - 2027 ($Million)
7.7. Rest of Europe
7.7.1. Market Revenue and Forecast By Vehicle Types, 2020 - 2027 ($Million)
7.7.2. Market Revenue and Forecast By Component, 2020 - 2027 ($Million)
CHAPTER 8. ASIA-PACIFIC HYBRID ELECTRIC POWERTRAIN MARKET BY COUNTRY
8.1. Asia-Pacific Hybrid Electric Powertrain Market Revenue and Growth Rate, 2020 - 2027 ($Million)
8.2. Asia-Pacific Hybrid Electric Powertrain Market Revenue Share Comparison, 2020 & 2027 (%)
8.3. China
8.3.1. Market Revenue and Forecast By Vehicle Types, 2020 - 2027 ($Million)
8.3.2. Market Revenue and Forecast By Component, 2020 - 2027 ($Million)
8.4. Japan
8.4.1. Market Revenue and Forecast By Vehicle Types, 2020 - 2027 ($Million)
8.4.2. Market Revenue and Forecast By Component, 2020 - 2027 ($Million)
8.5. India
8.5.1. Market Revenue and Forecast By Vehicle Types, 2020 - 2027 ($Million)
8.5.2. Market Revenue and Forecast By Component, 2020 - 2027 ($Million)
8.6. Australia
8.6.1. Market Revenue and Forecast By Vehicle Types, 2020 - 2027 ($Million)
8.6.2. Market Revenue and Forecast By Component, 2020 - 2027 ($Million)
8.7. South Korea
8.7.1. Market Revenue and Forecast By Vehicle Types, 2020 - 2027 ($Million)
8.7.2. Market Revenue and Forecast By Component, 2020 - 2027 ($Million)
8.8. Rest of Asia-Pacific
8.8.1. Market Revenue and Forecast By Vehicle Types, 2020 - 2027 ($Million)
8.8.2. Market Revenue and Forecast By Component, 2020 - 2027 ($Million)
CHAPTER 9. LATIN AMERICA HYBRID ELECTRIC POWERTRAIN MARKET BY COUNTRY
9.1. Latin America Hybrid Electric Powertrain Market Revenue and Growth Rate, 2020 - 2027 ($Million)
9.2. Latin America Hybrid Electric Powertrain Market Revenue Share Comparison, 2020 & 2027 (%)
9.3. Brazil
9.3.1. Market Revenue and Forecast By Vehicle Types, 2020 - 2027 ($Million)
9.3.2. Market Revenue and Forecast By Component, 2020 - 2027 ($Million)
9.4. Mexico
9.4.1. Market Revenue and Forecast By Vehicle Types, 2020 - 2027 ($Million)
9.4.2. Market Revenue and Forecast By Component, 2020 - 2027 ($Million)
9.5. Rest of Latin America
9.5.1. Market Revenue and Forecast By Vehicle Types, 2020 - 2027 ($Million)
9.5.2. Market Revenue and Forecast By Component, 2020 - 2027 ($Million)
CHAPTER 10. MIDDLE EAST & AFRICA HYBRID ELECTRIC POWERTRAIN MARKET BY COUNTRY
10.1. Middle East & Africa Hybrid Electric Powertrain Market Revenue and Growth Rate, 2020 - 2027 ($Million)
10.2. Middle East& Africa Hybrid Electric Powertrain Market Revenue Share Comparison, 2020 & 2027 (%)
10.3. GCC
10.3.1. Market Revenue and Forecast By Vehicle Types, 2020 - 2027 ($Million)
10.3.2. Market Revenue and Forecast By Component, 2020 - 2027 ($Million)
10.4. South Africa
10.4.1. Market Revenue and Forecast By Vehicle Types, 2020 - 2027 ($Million)
10.4.2. Market Revenue and Forecast By Component, 2020 - 2027 ($Million)
10.5. Rest of Middle East & Africa
10.5.1. Market Revenue and Forecast By Vehicle Types, 2020 - 2027 ($Million)
10.5.2. Market Revenue and Forecast By Component, 2020 - 2027 ($Million)
CHAPTER 11. COMPANY PROFILE
11.1. BYD Auto Co. Ltd.
11.1.1. Company Snapshot
11.1.2. Overview
11.1.3. Financial Overview
11.1.4. Product Portfolio
11.1.5. Key Developments
11.1.6. Strategies
11.2. Honda Motor Company
11.2.1. Company Snapshot
11.2.2. Overview
11.2.3. Financial Overview
11.2.4. Product Portfolio
11.2.5. Key Developments
11.2.6. Strategies
11.3. Toyota Motors
11.3.1. Company Snapshot
11.3.2. Overview
11.3.3. Financial Overview
11.3.4. Product Portfolio
11.3.5. Key Developments
11.3.6. Strategies
11.4. Nissan Motor Co. Ltd.
11.4.1. Company Snapshot
11.4.2. Overview
11.4.3. Financial Overview
11.4.4. Product Portfolio
11.4.5. Key Developments
11.4.6. Strategies
11.5. Kia Motors Corporation
11.5.1. Company Snapshot
11.5.2. Overview
11.5.3. Financial Overview
11.5.4. Product Portfolio
11.5.5. Key Developments
11.5.6. Strategies
11.6. Suzuki Motor Corporation
11.6.1. Company Snapshot
11.6.2. Overview
11.6.3. Financial Overview
11.6.4. Product Portfolio
11.6.5. Key Developments
11.6.6. Strategies
11.7. Others
11.7.1. Company Snapshot
11.7.2. Overview
11.7.3. Financial Overview
11.7.4. Product Portfolio
11.7.5. Key Developments
11.7.6. Strategies
CHAPTER 12. RESEARCH APPROACH
12.1. Research Methodology
12.1.1. Initial Data Search
12.1.2. Secondary Research
12.1.3. Primary Research
12.2. Assumptions and Scope