Automotive
November 25, 2020

Mild Hybrid Vehicles Market Expected to Witness Significant Growth During the Forecast Period | AB Volvo, BYD Co. Ltd., Hyundai Motor Company

Market Research Future (MRFR) highlights that the Global Mild Hybrid Vehicles Market 2020 is slated to grow exponentially over the review period, estimated to grow at a healthy CAGR of 4.8% by 2025. The global mild hybrid vehicles market is analyzed in detail in the report, which takes a close look at the market’s historical statistics and present condition in order to present to readers detailed and accurate forecasts regarding the market’s movement over the forecast period from 2019 to 2025. The impact of the COVID-19 pandemic on the global mild hybrid vehicles market is also studied in the report.

Mild hybrid vehicles are internal combustion engine vehicles equipped with an electric motor. This motor allows the vehicles to perform several functions, such as stopping the engine while coasting and slowing down, with the electric motor taking over.

Competitive Leader board:

Leading players in the global mild hybrid vehicles market include AB Volvo, BYD Co. Ltd., Hyundai Motor Company, Groupe PSA, Renault-Nissan-Mitsubishi Alliance, Toyota Motor Corporation, Tesla Motors Inc., Volkswagen AG, Suzuki Motor Corporation, Peugeot SA, Honda Motor Company Ltd., General Motors Company, Ford Motor Company, Fiat SpA, and Daimler AG.

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Segmentation:

·         By capacity, the global mild hybrid vehicles market is segmented into up to 12 V, 12 V – 24 V, and more than 24 V. The more than 24 V segment majorly comprises 48 V mild hybrid cars.

·         By vehicle type, the global mild hybrid vehicles market is segmented into passenger cars and commercial vehicles. The passenger cars segment dominates the global mild hybrid vehicles market at present due to the growing demand for electric passenger cars. Growing popularity of electric cars among urban consumers is likely to drive this segment over the forecast period.

·         By battery type, the global mild hybrid vehicles market is segmented into lithium ion, lead acid, and others. The lithium ion battery segment dominates the global mild hybrid vehicles market.

Regional Analysis:

North America is expected to register substantial growth over the next decade owing to rising adoption of electric cars and stringent government regulations and standards to reduce emissions across the region.

TABLE OF CONTENTS:

1.      Market Introduction

2.      Research Methodology

3.      Market Dynamics

4.      Executive Summary

5.      Market Factor Analysis

6.      Mild hybrid vehicles Market, By Segments

7.      Competitive Analysis

Continued…….….

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