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Plug-In Hybrid Electric Vehicles Market - Forecast to 2026

Plug-In Hybrid Electric Vehicles Market

Plug-In Hybrid Electric Vehicles Market

According to a new market research report published by Global Market Estimates, the Global Plug-In Hybrid Electric Vehicles Market is projected to grow from USD 13.6 billion in 2021 to USD 30.8 billion by 2026 at a CAGR value of 17.76%. The expanding capability of PHEVs to reduce greenhouse gas emissions, with improved fuel economy and longer driving ranges that are not restricted by battery performance, is boosting the market growth.

Browse 151 Market Data Tables and 111 Figures spread through 181 Pages and in-depth TOC on “Global Plug-In Hybrid Electric Vehicles Market - Forecast to 2026" https://www.globalmarketestimates.com/market-report/plug-in-hybrid-electric-vehicles-market-3594

By Power Source (Stored Electricity, On-Board Electric Generator), By Power Train (Series Hybrid, Parallel Hybrid, Combined Hybrid), By Vehicle Type (Passenger Cars, Commercial Vehicles, Two Wheelers, Others (Golf Cart, etc.)), By Region (North America, Asia Pacific, CSA, Europe, and the Middle East and Africa), Competitive Landscape Company Market Share Analysis, and Competitor Analysis

Key Market Insights
• The stored electricity segment is expected to have the largest share in the market during the forecast period as per the power source outlook
• As per the power train outlook, the parallel hybrid segment is estimated to have the largest share in the market during the forecast period due to the sheer rising use of energy recovery technology.
• The demand for passenger cars is estimated to have the largest share during the forecast period as per the vehicle type outlook
• The Asia Pacific region is expected to be the dominant the market during the forecast period followed by North America
• Bayerische Motoren Werke AG, Nissan Motor Corporation Ltd., Honda Motor Co., Ltd., Toyota Motor Corporation, Mitsubishi Motors Corporation, Volkswagen AG, Tesla Motors, Inc., Ford Motor Company, Groupe Renault, Daimler AG, among others, are the key players in the plug-in hybrid electric vehicles market.

Browse the Report @ https://www.globalmarketestimates.com/market-report/plug-in-hybrid-electric-vehicles-market-3594

Power Source Outlook (Revenue, USD Billion, 2021-2026)
• Stored Electricity
• On-Board Electric Generator

Power Train Outlook (Revenue, USD Billion, 2021-2026)
• Series Hybrid
• Parallel Hybrid
• Combined Hybrid

Vehicle Type Outlook (Revenue, USD Billion, 2021-2026)
• Passenger Cars
• Commercial Vehicles
• Two Wheelers
• Others

Regional Outlook (Revenue, USD Billion, 2021-2026)
North America
• The U.S.
• Canada
• Mexico
Europe
• Germany
• UK
• France
• Spain
• Italy
• Rest of Europe
Asia Pacific
• China
• India
• Japan
• South Korea
• Australia
• Rest of APAC
Central & South America
• Brazil
• Argentina
• Rest of CSA
Middle East & Africa
• Saudi Arabia
• UAE
• Rest of MEA

Contact: Yash Jain
Email address: yash.jain@globalmarketestimates.com
Phone Number: +16026667238
Website: https://www.globalmarketestimates.com
Check our Latest Blogs: https://www.globalmarketestimates.com/blog-posts.php

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Global Market Estimates is an India based market research and consulting company. The company provides syndicated research reports, customised research reports and consulting services to their clients and helps them achieve their business goals on a commercial level. Global Market Estimates database is used by the world's well known and prolific academic institutions and Fortune 500 companies to understand the global and regional business environment to excel in their business goals.

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