PHEV (Plug in Hybrid Electric Vehicle) Market shall reach a value of $2x61.4 Million in 2027, growing with a CAGR of 12.13% during the forecast period of 2020 to 2027.
PHEV (Plug in Hybrid Electric Vehicle) Market Growth and Trends
PHEV (Plug in Hybrid Electric Vehicle) Industry Regional Analysis
PHEV (Plug in Hybrid Electric Vehicle) Market Research Report Scope/Definition
For the purpose of this market research report, PHEV (Plug-in Hybrid Electric Vehicle) is a vehicle with both an internal combustion engine and an electric motor. PHEV can fuel using both electricity and gasoline. The Chevy Volt vehicle and Ford C-MAX Energi are examples of plug-in hybrid vehicles currently in the market. PHEVs can be plugged-in and recharged through an outlet, enabling them to drive longer distances by using only electricity. Plug-in hybrid electric vehicles can significantly minimize greenhouse gas emissions, with increased fuel efficiency and extended driving ranges, which are not limited by the battery capacity. PHEVs are increasingly becoming commercialized, with various manufactures producing mass numbers of PHEVs suited for individual customers. High costs of plug-in-vehicles remain high because of the high price of battery packs; however, as battery technology continues to advance, the vehicles charges reduce.
PHEV (Plug in Hybrid Electric Vehicle) Market Share and Competition
Key companies operating in this industry are: Tesla, BMW Group, Nissan Motor Corporation, Toyota Motor Corporation, Volkswagen AG, General Motors, Daimler AG, Energica Motor Company S.p.A, BYD Company Motors, and Ford Motor Company.
PHEV (Plug in Hybrid Electric Vehicle) Market Research Report Analysis Highlights
• Historical data available (as per request)
• Estimation/projections/forecast for revenue and unit sales (2021 – 2028)
• Data breakdown for every market segment (2021 – 2028)
• Gross margin and profitability analysis of companies
• Price analysis of each product type
• Business trend and expansion analysis
• Import and export analysis
• Competition analysis/market share
• Supply chain analysis
• Client list and case studies
• Market entry strategy
Industry Segmentation and Revenue Breakdown
Type Analysis (Revenue, USD Million, 2021 - 2028)
• Battery Electric Vehicles (BEV)
• Hybrid Electric Vehicles (HEV)
• Plug-in Hybrid Electric Vehicles (PHEV)
Vehicle Class Analysis (Revenue, USD Million, 2021 - 2028)
• Mid-Priced
• Luxury
Vehicle Type Analysis (Revenue, USD Million, 2021 - 2028)
• Two-wheelers
• Passenger Cars
• Commercial Vehicles
Region Analysis (Revenue, USD Million, 2021 - 2028)
• United States
• Canada
• Mexico
• France
• Germany
• Italy
• Spain
• United Kingdom
• Russia
• China
• India
• Philippines
• Malaysia
• Australia
• Austria
• South Korea
• Middle East
• Japan
• Africa
• Rest of World
PHEV (Plug in Hybrid Electric Vehicle) Industry Companies
• Tesla
• BMW Group
• Nissan Motor Corporation
• Toyota Motor Corporation
• Volkswagen AG
• General Motors
• Daimler AG
• Energica Motor Company S.p.A
• BYD Company Motors
• Ford Motor Company
Available Versions of PHEV (Plug in Hybrid Electric Vehicle) Market: -
United States Industry Research Report
Europe Industry Research Report
Asia Pacific Industry Research Report
India Industry Research Report