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. This allows for a considerable saving in terms of fuel and emissions. Mild hybrid vehicles are the connecting bridge between conventional, internal combustion vehicles and futuristic electric vehicles running purely on electric power. Evolution in the automotive industry has been a prominent factor dominating the conversation in the industry in recent years, with electric vehicles representing a necessary step for the industry.
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.
Europe accounted for the dominant share in the global mild
hybrid vehicles market in 2018 and is likely to retain an important share over
the forecast period. Growing government support for electric vehicles in Europe
is likely to remain the major driver for the market over the forecast period.
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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