Hybrid Electric Powertrain Market Size to Cross USD 90 Bn by 2027

The global Hybrid Electric Powertrain Market Size is anticipated to around USD 90 Bn by 2027 and the market is anticipated to grow with 11% CAGR during the forecast time period.

The report has highlights of global key players present in this market. Top global players are analyzed completely along with their financials, technological innovations, key developments, apart from future strategies, SWOT analysis, acquisitions & mergers, and market footprint.

The energy market has expanded at a high pace and has generated strong demand for hybrid energy. Electric cars around the world have evolved tremendously. Big suppliers of automobile parts have invested in electricity axle which has increased demand of hybrid and electric cars and boost their market share. In particular, large-scale hybrid electric vehicle markets, such as China, the United States and Europe, have expanded their production capacities. Besides growing practices on the global market for the production of hybrid electric cars, the shortage of gas and oil supplies is also a key reason for automakers to switch from the energy source to the hybrid electric powertrain.

In addition, the global hybrid electric powertrain industry is expected to follow strict government regulations and increase fuel efficiency for hybrid vehicles in this forecast timeframe. This would also strengthen the sustainability of the global hybrid electric powertrain industry by helping to reduce emissions and fuel consumption. However, in the next few years, a substantial problem is expected to occur in the manufacturing costs associated with the powertrain.

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Regional Outlook

Asia Pacific held prime market share in 2019 and projected to grow at good CAGR amid the forecast period. Development in the Asia Pacific is a result of expanded policy programs and vehicle pollution reduction policies. Greater emissions play a significant role in the adoption of hybrid cars in countries such as India and China. Among the main reasons that promote car adoption are the rising living conditions and the availability of jobs.

Until 2030 only electric cars on their highways is pledged to governments of the big automotive sectors, such as China and India. Global car manufacturers have also expanded their investment in electric vehicle production to meet the anticipated rise in demand for these vehicles over the next decade. The firm will design and manufacture only hybrid and electric cars from 2019, Volvo Motors has announced.

Latin America will inhibit stable growth as demand for affordable public transport is rising which create lucrative market opportunities in the region. The growing importance of market players to increase their production facilities would further promote the growth of the industry.

The global market has its share of pitfalls, though, and the price of the commodity is very high and is a major deterrent in low economic growth countries. Maintenance is moreover costly and requires regular recharge and battery shift. Battery lead dissipation is also a growth restriction.

About the Market

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. Particularly in the US, Japan, China and European nations, carbon-dioxide laws are being upgraded in the automobile sector, driving advances in power infrastructure to decrease future CO2 emissions. In comparison, customers became more vulnerable to rising energy costs and drawn to green technologies.

Key Players & Strategies

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. In order to improve their position to manufacturing, the manufacturing produces revolutionary goods for highly productive automobiles.

Hybrid electric powertrain producers across the globe access the Chinese market and pursue the opportunities for joint ventures, drawing on growing demand for EVs and establishing concrete collaborations. In order to broaden the electrical drive business in China, Magna International has signed an agreement with the Huayu car systems.

For electric car parts in Japan, Nissan spent US$ 33 Mn in the Tochigi prefecture. In South Korea, Tesla released its Model 3 with a major decrease in the price range.

The global Hybrid Electric Powertrain market is segmented as below:

Market Segmentation

Market By Vehicle Types

• Plug-in Hybrid Vehicles
• Hybrid Vehicles

Market By Component

• Power Distribution Module
• Battery Pack
• Transmission
• Inverter/Converter
• DC Converter
• Electric Drive Train
• Other

Market By Geography

North America

• U.S.
• Canada

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

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 (2015-2026)
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 (2015-2026)
1.2.3.2. Global Hybrid Electric Powertrain Market Revenue Share By Component in 2018
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 (2015-2026)
1.2.4.2. North America Hybrid Electric Powertrain Market Revenue and Growth Rate(2015-2026)
1.2.4.3. Europe Hybrid Electric Powertrain Market Revenue and Growth Rate(2015-2026)
1.2.4.4. Asia-Pacific Hybrid Electric Powertrain Market Revenue and Growth Rate(2015-2026)
1.2.4.5. Latin America Hybrid Electric Powertrain Market Revenue and Growth Rate(2015-2026)
1.2.4.6. Middle East and Africa (MEA) Hybrid Electric Powertrain Market Revenue and Growth Rate(2015-2026)

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, 2018
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 2018
3.2. Manufacturing Plants Distribution of Global Hybrid Electric Powertrain Major Manufacturers in 2018
3.3. R&D Status and Technology Source of Global Hybrid Electric Powertrain Major Manufacturers in 2018
3.4. Raw Materials Sources Analysis of Global Hybrid Electric Powertrain Major Manufacturers in 2018

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, 2015 – 2026 ($Million)
4.2.2. Market Revenue and Forecast, By Region, 2015 – 2026 ($Million)
4.3. Hybrid Vehicles
4.3.1. Market Revenue and Growth Rate, 2015 – 2026 ($Million)
4.3.2. Market Revenue and Forecast, By Region, 2015 – 2026 ($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, 2015 – 2026 ($Million)
5.2.2. Market Revenue and Forecast, By Region, 2015 – 2026 ($Million)
5.3. Battery Pack
5.3.1. Market Revenue and Growth Rate, 2015 – 2026 ($Million)
5.3.2. Market Revenue and Forecast, By Region, 2015 – 2026 ($Million)
5.4. Transmission
5.4.1. Market Revenue and Growth Rate, 2015 – 2026 ($Million)
5.4.2. Market Revenue and Forecast, By Region, 2015 – 2026 ($Million)
5.5. Inverter/Converter
5.5.1. Market Revenue and Growth Rate, 2015 – 2026 ($Million)
5.5.2. Market Revenue and Forecast, By Region, 2015 – 2026 ($Million)
5.6. DC Converter
5.6.1. Market Revenue and Growth Rate, 2015 – 2026 ($Million)
5.6.2. Market Revenue and Forecast, By Region, 2015 – 2026 ($Million)
5.7. Electric Drive Train
5.7.1. Market Revenue and Growth Rate, 2015 – 2026 ($Million)
5.7.2. Market Revenue and Forecast, By Region, 2015 – 2026 ($Million)
5.8. Other
5.8.1. Market Revenue and Growth Rate, 2015 – 2026 ($Million)
5.8.2. Market Revenue and Forecast, By Region, 2015 – 2026 ($Million)

CHAPTER 6. NORTH AMERICA HYBRID ELECTRIC POWERTRAIN MARKET BY COUNTRY
6.1. North America Hybrid Electric Powertrain Market Revenue and Growth Rate, 2015 – 2026 ($Million)
6.2. North America Hybrid Electric Powertrain Market Revenue Share Comparison, 2015 & 2026 (%)
6.3. U.S.
6.3.1. U.S. Hybrid Electric Powertrain Market Revenue and Forecast By Vehicle Types, 2015 – 2026 ($Million)
6.3.2. Market Revenue and Forecast By Component, 2015 – 2026 ($Million)
6.4. Canada
6.4.1. Market Revenue and Forecast By Vehicle Types, 2015 – 2026 ($Million)
6.4.2. Market Revenue and Forecast By Component, 2015 – 2026 ($Million)

CHAPTER 7. EUROPE HYBRID ELECTRIC POWERTRAIN MARKET BY COUNTRY

7.1. Europe Hybrid Electric Powertrain Market Revenue and Growth Rate, 2015 – 2026 ($Million)
7.2. Europe Hybrid Electric Powertrain Market Revenue Share Comparison, 2015 & 2026 (%)
7.3. UK
7.3.1. Market Revenue and Forecast By Vehicle Types, 2015 – 2026 ($Million)
7.3.2. Market Revenue and Forecast By Component, 2015 – 2026 ($Million)
7.4. Germany
7.4.1. Market Revenue and Forecast By Vehicle Types, 2015 – 2026 ($Million)
7.4.2. Market Revenue and Forecast By Component, 2015 – 2026 ($Million)
7.5. France
7.5.1. Market Revenue and Forecast By Vehicle Types, 2015 – 2026 ($Million)
7.5.2. Market Revenue and Forecast By Component, 2015 – 2026 ($Million)
7.6. Spain
7.6.1. Market Revenue and Forecast By Vehicle Types, 2015 – 2026 ($Million)
7.6.2. Market Revenue and Forecast By Component, 2015 – 2026 ($Million)
7.7. Rest of Europe
7.7.1. Market Revenue and Forecast By Vehicle Types, 2015 – 2026 ($Million)
7.7.2. Market Revenue and Forecast By Component, 2015 – 2026 ($Million)

CHAPTER 8. ASIA-PACIFIC HYBRID ELECTRIC POWERTRAIN MARKET BY COUNTRY

8.1. Asia-Pacific Hybrid Electric Powertrain Market Revenue and Growth Rate, 2015 – 2026 ($Million)
8.2. Asia-Pacific Hybrid Electric Powertrain Market Revenue Share Comparison, 2015 & 2026 (%)
8.3. China
8.3.1. Market Revenue and Forecast By Vehicle Types, 2015 – 2026 ($Million)
8.3.2. Market Revenue and Forecast By Component, 2015 – 2026 ($Million)
8.4. Japan
8.4.1. Market Revenue and Forecast By Vehicle Types, 2015 – 2026 ($Million)
8.4.2. Market Revenue and Forecast By Component, 2015 – 2026 ($Million)
8.5. India
8.5.1. Market Revenue and Forecast By Vehicle Types, 2015 – 2026 ($Million)
8.5.2. Market Revenue and Forecast By Component, 2015 – 2026 ($Million)
8.6. Australia
8.6.1. Market Revenue and Forecast By Vehicle Types, 2015 – 2026 ($Million)
8.6.2. Market Revenue and Forecast By Component, 2015 – 2026 ($Million)
8.7. South Korea
8.7.1. Market Revenue and Forecast By Vehicle Types, 2015 – 2026 ($Million)
8.7.2. Market Revenue and Forecast By Component, 2015 – 2026 ($Million)
8.8. Rest of Asia-Pacific
8.8.1. Market Revenue and Forecast By Vehicle Types, 2015 – 2026 ($Million)
8.8.2. Market Revenue and Forecast By Component, 2015 – 2026 ($Million)

CHAPTER 9. LATIN AMERICA HYBRID ELECTRIC POWERTRAIN MARKET BY COUNTRY

9.1. Latin America Hybrid Electric Powertrain Market Revenue and Growth Rate, 2015 – 2026 ($Million)
9.2. Latin America Hybrid Electric Powertrain Market Revenue Share Comparison, 2015 & 2026 (%)
9.3. Brazil
9.3.1. Market Revenue and Forecast By Vehicle Types, 2015 – 2026 ($Million)
9.3.2. Market Revenue and Forecast By Component, 2015 – 2026 ($Million)
9.4. Mexico
9.4.1. Market Revenue and Forecast By Vehicle Types, 2015 – 2026 ($Million)
9.4.2. Market Revenue and Forecast By Component, 2015 – 2026 ($Million)
9.5. Rest of Latin America
9.5.1. Market Revenue and Forecast By Vehicle Types, 2015 – 2026 ($Million)
9.5.2. Market Revenue and Forecast By Component, 2015 – 2026 ($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, 2015 – 2026 ($Million)
10.2. Middle East& Africa Hybrid Electric Powertrain Market Revenue Share Comparison, 2015 & 2026 (%)
10.3. GCC
10.3.1. Market Revenue and Forecast By Vehicle Types, 2015 – 2026 ($Million)
10.3.2. Market Revenue and Forecast By Component, 2015 – 2026 ($Million)
10.4. South Africa
10.4.1. Market Revenue and Forecast By Vehicle Types, 2015 – 2026 ($Million)
10.4.2. Market Revenue and Forecast By Component, 2015 – 2026 ($Million)
10.5. Rest of Middle East & Africa
10.5.1. Market Revenue and Forecast By Vehicle Types, 2015 – 2026 ($Million)
10.5.2. Market Revenue and Forecast By Component, 2015 – 2026 ($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

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