Driving Towards Sustainability: Hybrid Electric Car Market

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Hybrid Electric Car Market Size, Share, Growth,
Development and Demand Forecast to 2030
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With an increase in population and the income of
the people, the number of vehicles on the roads
globally are also increasing like anything.
Vehicular pollution has long been a global issue,
and it is continuing to be the same. Addressing
that, people have started looking for options
that can substitute the burning of fossil fuels
in vehicles. Electric cars and hybrid electric
cars have come out as a solution for countering
this issue of increasing pollution. Because of
this, the demand for hybrid electric cars is on
the rise, and will reach a volume of 9.9 million
units by the end of this decade. Most of the
overall sales and the increase in the sales will
be in APAC, which already holds the largest share
in the hybrid electric car market, driven by the
strong position of Japan and Japanese OEMs on the
global automotive industry. In this blog, we will
focus on the features and types of hybrid
electric cars hurling on the roads. What is a
Hybrid Electric Car? HEVs has all the benefits of
a gasoline along with electric powertrain. They
are designed with an intention to chiefly meet
the goal of getting better fuel economy from a
vehicle. Mileage of a hybrid cars is much better
than a conventional fuel burning car. While
conventional cars use an ICE-powered engine, the
hybrid cars have engine and motor. The motor
functions in sync with the petrol- or
diesel-powered engine. In HEVs, the electric
motor powers the cars at low speeds resulting in
a greater fuel economy. The motor powers on a
battery, most commonly an NiMH variant, supplying
power to the motor, most HEVs have regenerative
braking to get the battery charged. To receive
free sample pages of this report_at_ https//www.psma
rketresearch.com/market-analvsis/hvbrid-electric-
car-market/report-sample Regenerative brake
technology educes energy lost during coasting or
braking. Pure hybrid vehicles, different from
mild-hybrids, can also get power just from
electric motor, however, the range is much lower
as compared to the full hybrids. Apart from this,
HEVs also has automatic start/stop, shutting the
engine off when idle and restarts once, there is
an ignition. This reduces energy wasted from
idling.
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While hybrids can be more fuel-efficient, this
technology is a tad expensive. Thus, pure hybrid
cars are generally expensive than other
variants. Different Types of Hybrid Cars Pure
Hybrids Pure hybrids have all the potential to
just run on the power from an electric motor,
also there is a feature in these cars of
switching automatically between fuel power and
electric power depending up on the terrain and
the usage. These variants had the largest share
in the hybrid electric car market, of around 66,
last year as stated by PS Intelligence. Inquire
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send-enauirv?enauirv-url hvbrid-electric-car-mar
ket Mild Hybrids Mild-hybrid is another kind of
car that has the potential to do the same. The
motor in a mild-hybrid car provides support the
engine in acceleration hence bringing about a
better fuel economy than the conventional
fuel-powered cars. Plug-in Hybrids PHEVs are
pretty much similar to EVs. They can run solely
on electric motors, though, the range of the
plug-in hybrids is much greater. While Hybrid
cars give a mileage of 25-40 km in electric mode,
PHEVs can have a range of around 60100 km in pure
electric mode. Similarly, they can switch from
electric to hybrid mode. People are choosing
hybrid cars based on their preferences and
pocket, and with the improvements in technology
and charging infra, there can be a time, when the
roads will be bereft of only diesel-petrol driven
vehicles.
The research offers market size of the hybrid
electric car market for the period 2017-2030.
Market Segmentation by Hybridization Full
Mild Market Segmentation by Battery
Nickel-Metal Hydride (NiMH) Lithium-Ion
(Li-ion) Market Segmentation by Type
Hatchback Sedan Others
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PRESCIENT STRATEGIC INTELLIGENCE Where
knowledge inspires strategy
Market Segmentation by Geography North
America Hybrid Electric Car Market o By
Hybridization o By Battery o By Type o By Country
- U.S., Canada, and Rest of North America
APAC Hybrid Electric Car Market o By
Hybridization o By Battery o By Type o By Country
- Japan, South Korea, China, and Rest of
Asia-Pacific Europe Hybrid Electric Car
Market o By Hybridization o By Battery o By
Type o By Country - U.K., Germany, France, and
Rest of Europe Rest of the World (RoW)
Hybrid Electric Car Market o By Hybridization o
By Battery o By Type
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