Global Hybrid Electric Vehicle Market Research Report 2022: Hybridization Type, Vehicle Type, Powertrain, Propulsion, Competition, Forecast & Opportunities, 2017-2027 - ResearchAndMarkets.com
The "Global Hybrid Electric Vehicle Market By Hybridization Type, By Vehicle Type, By Powertrain, By Propulsion, By Region, Competition Forecast & Opportunities, 2027" report has been added to ResearchAndMarkets.com's offering
By AP News
Published - Nov 01, 2022, 10:44 AM ET
Last Updated - Jun 16, 2024, 11:51 PM EDT
DUBLIN--(BUSINESS WIRE)--Nov 1, 2022--
The "Global Hybrid Electric Vehicle Market By Hybridization Type, By Vehicle Type, By Powertrain, By Propulsion, By Region, Competition Forecast & Opportunities, 2027" report has been added to ResearchAndMarkets.com's offering.
The hybrid electric vehicle market stood around USD 290.63 billion in 2021 and is estimated to reach USD 523.74 billion in 2027, registering a CAGR of 10.60%
An increase in technological development and an upsurge in electrification of vehicles are driving the growth of the global hybrid electric vehicle market during the forecast period.
