Global Alternative Fuel and Hybrid Vehicle Market Size study, By Fuel Type (Hybrid Vehicles, Plugin Hybrid Vehicles, Battery Electric Vehicles, Others ), by Vehicle Type, by Vehicle Class, and Regional Forecasts 2022-2028

Description

List of Tables

Global Alternative Fuel and Hybrid Vehicle Market is valued approximately USD XX million in 2021 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2022-2028.

The Alternative Fuel Vehicles can be defined as vehicles that runs on substances other than traditional Gasoline and petrol fuels. Alternate Fuel include electric, solar, biodiesel, ethanol, propane, compressed air, hydrogen, liquid natural gas, and liquid petroleum. Whereas Hybrid Vehicles are type of vehicles that receive power from an internal combustion engine in combination with one or more electric motors that use energy stored in rechargeable batteries. The increasing adoption of clean mobility solutions and rising prices of crude oil worldwide as well as recent investments from leading market players are factors that are accelerating the global market demand. For instance, According to International Energy Agency (IEA) estimates - during 2020, the global electric car stock reached to 10 million units, witnessed an increase of 43% from 2019. Around 3 million new electric cars were registered worldwide in 2020. Europe led the electric car registrations with around 1.4 million new registrations. China followed with 1.2 million registrations and the United States registered 295 000 new electric cars. Furthermore, leading market players are investing towards production of Hybrid Electric Vehicles. For instance, in April 2022, Aichi, Japan based Toyota Motor Corporation announced investment of USD 383 million in four of its U.S. manufacturing plants. The new investment supports the production of four-cylinder engines, including options for hybrid electric vehicles, at its Alabama, Kentucky, Missouri, and Tennessee plants. Also, growing number of Supportive Government Policies & regulations and rising concern over environmental degradation are anticipated to act as a catalyzing factor for the market demand during the forecast period. However, a high cost associated with Hybrid Vehicles coupled with lack of penetration in developing regions impede the growth of the market over the forecast period of 2022-2028.

The key regions considered for the global Alternative Fuel and Hybrid Vehicle Mmarket study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America is the leading region across the world in terms of market share owing to the growing adoption of clean mobility solutions and increasing number of investments from leading market players in the region. Whereas, Asia Pacific is anticipated to exhibit a significant growth rate over the forecast period 2022-2028. Factors such as the thriving growth of EV industry and favorable government initiatives, would create lucrative growth prospects for the global Alternative Fuel and Hybrid Vehicle Mmarket across the Asia Pacific region.

Major market players included in this report are:

BMW Group

Ford Motor Company

Honda Motor Co., Ltd

Mercedes-Benz Group AG

Mitsubishi Motors Corporation

Nissan Motor Co., Ltd

Tesla, Inc.

Toyota Motor Corporation

Volkswagen AG

BYD Company Ltd

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Fuel Type

Hybrid Vehicles

Plugin Hybrid Vehicles

Battery Electric Vehicles

Others (Gaseous Fuels, Biofuels))

By Vehicle Type

Passenger Cars

Light Commercial Vehicles

Heavy Commercial Vehicles

By Vehicle Class

Economical Vehicles

Mid-priced Vehicles

Luxury Vehicles

By Region:

North America

U.S.

Canada

Europe

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Rest of the World

Furthermore, years considered for the study are as follows:

Historical year - 2018, 2019, 2020

Base year - 2021

Forecast period - 2022 to 2028

Target Audience of the Global Alternative Fuel and Hybrid Vehicle Market in Market Study:

Key Consulting Companies & Advisors

Large, medium-sized, and small enterprises

Venture capitalists

Value-Added Resellers (VARs)

Third-party knowledge providers

Investment bankers

Investors

Chapter 1. Executive Summary

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2028 (USD Million)
- 1.2.1. Global Alternative Fuel and Hybrid Vehicle Market, by Region, 2020-2028 (USD Million)
- 1.2.2. Global Alternative Fuel and Hybrid Vehicle Market, by Fuel Type, 2020-2028 (USD Million)
- 1.2.3. Global Alternative Fuel and Hybrid Vehicle Market, by Vehicle Type, 2020-2028 (USD Million)
- 1.2.4. Global Alternative Fuel and Hybrid Vehicle Market, by Vehicle Class, 2020-2028 (USD Million)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

Chapter 2. Global Alternative Fuel and Hybrid Vehicle Market Definition and Scope

2.1. Objective of the Study
2.2. Market Definition & Scope
- 2.2.1. Scope of the Study
- 2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

Chapter 3. Global Alternative Fuel and Hybrid Vehicle Market Dynamics

3.1. Alternative Fuel and Hybrid Vehicle Market Impact Analysis (2020-2028)
- 3.1.1. Market Drivers
  - 3.1.1.1. Increasing adoption of clean mobility solutions.
  - 3.1.1.2. Rising prices of crude oil worldwide.
  - 3.1.1.3. Recent investments from leading market players.
- 3.1.2. Market Challenges
  - 3.1.2.1. High cost associated with Hybrid Vehicles.
  - 3.1.2.2. Lack of penetration in developing regions.
- 3.1.3. Market Opportunities
  - 3.1.3.1. Growing number of Supportive Government Policies & regulations.
  - 3.1.3.2. Rising concern over environmental degradation.

Chapter 4. Global Alternative Fuel and Hybrid Vehicle Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.1.6. Futuristic Approach to Porter's 5 Force Model (2018-2028)
4.2. PEST Analysis
- 4.2.1. Political
- 4.2.2. Economical
- 4.2.3. Social
- 4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
4.5. Top investment opportunity
4.6. Top winning strategies

Chapter 5. Risk Assessment: COVID-19 Impact

5.1.1. Assessment of the overall impact of COVID-19 on the industry
5.1.2. Pre COVID-19 and post COVID-19 Market scenario

Chapter 6. Global Alternative Fuel and Hybrid Vehicle Market, by Fuel Type

6.1. Market Snapshot
6.2. Global Alternative Fuel and Hybrid Vehicle Market by Fuel Type, Performance - Potential Analysis
6.3. Global Alternative Fuel and Hybrid Vehicle Market Estimates & Forecasts by Fuel Type 2018-2028 (USD Million)
6.4. Alternative Fuel and Hybrid Vehicle Market, Sub Segment Analysis
- 6.4.1. Hybrid Vehicles
- 6.4.2. Plugin Hybrid Vehicles
- 6.4.3. Battery Electric Vehicles
- 6.4.4. Others (Gaseous Fuels, Biofuels)

Chapter 7. Global Alternative Fuel and Hybrid Vehicle Market, by Vehicle Type

7.1. Market Snapshot
7.2. Global Alternative Fuel and Hybrid Vehicle Market by Vehicle Type, Performance - Potential Analysis
7.3. Global Alternative Fuel and Hybrid Vehicle Market Estimates & Forecasts by Vehicle Type 2018-2028 (USD Million)
7.4. Alternative Fuel and Hybrid Vehicle Market, Sub Segment Analysis
- 7.4.1. Passenger Cars
- 7.4.2. Light Commercial Vehicles
- 7.4.3. Heavy Commercial Vehicles

Chapter 8. Global Alternative Fuel and Hybrid Vehicle Market, by Vehicle Class

8.1. Market Snapshot
8.2. Global Alternative Fuel and Hybrid Vehicle Market by Vehicle Class, Performance - Potential Analysis
8.3. Global Alternative Fuel and Hybrid Vehicle Market Estimates & Forecasts by Vehicle Class 2018-2028 (USD Million)
8.4. Alternative Fuel and Hybrid Vehicle Market, Sub Segment Analysis
- 8.4.1. Economical Vehicles
- 8.4.2. Mid-priced Vehicles
- 8.4.3. Luxury Vehicles

Chapter 9. Global Alternative Fuel and Hybrid Vehicle Market, Regional Analysis

9.1. Alternative Fuel and Hybrid Vehicle Market, Regional Market Snapshot
9.2. North America Alternative Fuel and Hybrid Vehicle Market
- 9.2.1. U.S. Alternative Fuel and Hybrid Vehicle Market
  - 9.2.1.1. Fuel Type estimates & forecasts, 2018-2028
  - 9.2.1.2. Vehicle Type estimates & forecasts, 2018-2028
  - 9.2.1.3. Vehicle Class estimates & forecasts, 2018-2028
- 9.2.2. Canada Alternative Fuel and Hybrid Vehicle Market
9.3. Europe Alternative Fuel and Hybrid Vehicle Market Snapshot
- 9.3.1. U.K. Alternative Fuel and Hybrid Vehicle Market
- 9.3.2. Germany Alternative Fuel and Hybrid Vehicle Market
- 9.3.3. France Alternative Fuel and Hybrid Vehicle Market
- 9.3.4. Spain Alternative Fuel and Hybrid Vehicle Market
- 9.3.5. Italy Alternative Fuel and Hybrid Vehicle Market
- 9.3.6. Rest of Europe Alternative Fuel and Hybrid Vehicle Market
9.4. Asia-Pacific Alternative Fuel and Hybrid Vehicle Market Snapshot
- 9.4.1. China Alternative Fuel and Hybrid Vehicle Market
- 9.4.2. India Alternative Fuel and Hybrid Vehicle Market
- 9.4.3. Japan Alternative Fuel and Hybrid Vehicle Market
- 9.4.4. Australia Alternative Fuel and Hybrid Vehicle Market
- 9.4.5. South Korea Alternative Fuel and Hybrid Vehicle Market
- 9.4.6. Rest of Asia Pacific Alternative Fuel and Hybrid Vehicle Market
9.5. Latin America Alternative Fuel and Hybrid Vehicle Market Snapshot
- 9.5.1. Brazil Alternative Fuel and Hybrid Vehicle Market
- 9.5.2. Mexico Alternative Fuel and Hybrid Vehicle Market
9.6. Rest of The World Alternative Fuel and Hybrid Vehicle Market

Chapter 10. Competitive Intelligence

10.1. Top Market Strategies
10.2. Company Profiles
- 10.2.1. BMW Group
  - 10.2.1.1. Key Information
  - 10.2.1.2. Overview
  - 10.2.1.3. Financial (Subject to Data Availability)
  - 10.2.1.4. Product Summary
  - 10.2.1.5. Recent Developments
- 10.2.2. Ford Motor Company
- 10.2.3. Honda Motor Co., Ltd
- 10.2.4. Mercedes-Benz Group AG
- 10.2.5. Mitsubishi Motors Corporation
- 10.2.6. Nissan Motor Co., Ltd
- 10.2.7. Tesla, Inc.
- 10.2.8. Toyota Motor Corporation
- 10.2.9. Volkswagen AG
- 10.2.10. BYD Company Ltd

Chapter 11. Research Process

11.1. Research Process
- 11.1.1. Data Mining
- 11.1.2. Analysis
- 11.1.3. Market Estimation
- 11.1.4. Validation
- 11.1.5. Publishing
11.2. Research Attributes
11.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Alternative Fuel and Hybrid Vehicle Market, report scope
TABLE 2. Global Alternative Fuel and Hybrid Vehicle Market estimates & forecasts by Region 2018-2028 (USD Million)
TABLE 3. Global Alternative Fuel and Hybrid Vehicle Market estimates & forecasts by Fuel Type 2018-2028 (USD Million)
TABLE 4. Global Alternative Fuel and Hybrid Vehicle Market estimates & forecasts by Vehicle Type 2018-2028 (USD Million)
TABLE 5. Global Alternative Fuel and Hybrid Vehicle Market estimates & forecasts by Vehicle Class 2018-2028 (USD Million)
TABLE 6. Global Alternative Fuel and Hybrid Vehicle Market by segment, estimates & forecasts, 2018-2028 (USD Million)
TABLE 7. Global Alternative Fuel and Hybrid Vehicle Market by region, estimates & forecasts, 2018-2028 (USD Million)
TABLE 8. Global Alternative Fuel and Hybrid Vehicle Market by segment, estimates & forecasts, 2018-2028 (USD Million)
TABLE 9. Global Alternative Fuel and Hybrid Vehicle Market by region, estimates & forecasts, 2018-2028 (USD Million)
TABLE 10. Global Alternative Fuel and Hybrid Vehicle Market by segment, estimates & forecasts, 2018-2028 (USD Million)
TABLE 11. Global Alternative Fuel and Hybrid Vehicle Market by region, estimates & forecasts, 2018-2028 (USD Million)
TABLE 12. Global Alternative Fuel and Hybrid Vehicle Market by segment, estimates & forecasts, 2018-2028 (USD Million)
TABLE 13. Global Alternative Fuel and Hybrid Vehicle Market by region, estimates & forecasts, 2018-2028 (USD Million)
TABLE 14. Global Alternative Fuel and Hybrid Vehicle Market by segment, estimates & forecasts, 2018-2028 (USD Million)
TABLE 15. Global Alternative Fuel and Hybrid Vehicle Market by region, estimates & forecasts, 2018-2028 (USD Million)
TABLE 16. U.S. Alternative Fuel and Hybrid Vehicle Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 17. U.S. Alternative Fuel and Hybrid Vehicle Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 18. U.S. Alternative Fuel and Hybrid Vehicle Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 19. Canada Alternative Fuel and Hybrid Vehicle Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 20. Canada Alternative Fuel and Hybrid Vehicle Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 21. Canada Alternative Fuel and Hybrid Vehicle Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 22. UK Alternative Fuel and Hybrid Vehicle Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 23. UK Alternative Fuel and Hybrid Vehicle Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 24. UK Alternative Fuel and Hybrid Vehicle Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 25. Germany Alternative Fuel and Hybrid Vehicle Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 26. Germany Alternative Fuel and Hybrid Vehicle Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 27. Germany Alternative Fuel and Hybrid Vehicle Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 28. RoE Alternative Fuel and Hybrid Vehicle Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 29. RoE Alternative Fuel and Hybrid Vehicle Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 30. RoE Alternative Fuel and Hybrid Vehicle Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 31. China Alternative Fuel and Hybrid Vehicle Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 32. China Alternative Fuel and Hybrid Vehicle Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 33. China Alternative Fuel and Hybrid Vehicle Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 34. India Alternative Fuel and Hybrid Vehicle Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 35. India Alternative Fuel and Hybrid Vehicle Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 36. India Alternative Fuel and Hybrid Vehicle Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 37. Japan Alternative Fuel and Hybrid Vehicle Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 38. Japan Alternative Fuel and Hybrid Vehicle Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 39. Japan Alternative Fuel and Hybrid Vehicle Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 40. RoAPAC Alternative Fuel and Hybrid Vehicle Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 41. RoAPAC Alternative Fuel and Hybrid Vehicle Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 42. RoAPAC Alternative Fuel and Hybrid Vehicle Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 43. Brazil Alternative Fuel and Hybrid Vehicle Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 44. Brazil Alternative Fuel and Hybrid Vehicle Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 45. Brazil Alternative Fuel and Hybrid Vehicle Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 46. Mexico Alternative Fuel and Hybrid Vehicle Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 47. Mexico Alternative Fuel and Hybrid Vehicle Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 48. Mexico Alternative Fuel and Hybrid Vehicle Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 49. RoLA Alternative Fuel and Hybrid Vehicle Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 50. RoLA Alternative Fuel and Hybrid Vehicle Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 51. RoLA Alternative Fuel and Hybrid Vehicle Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 52. Row Alternative Fuel and Hybrid Vehicle Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 53. Row Alternative Fuel and Hybrid Vehicle Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 54. Row Alternative Fuel and Hybrid Vehicle Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 55. List of secondary sources, used in the study of global Alternative Fuel and Hybrid Vehicle Market
TABLE 56. List of primary sources, used in the study of global Alternative Fuel and Hybrid Vehicle Market
TABLE 57. Years considered for the study
TABLE 58. Exchange rates considered

LIST OF FIGURES

List of figures

FIG 1. Global Alternative Fuel and Hybrid Vehicle Market, research methodology
FIG 2. Global Alternative Fuel and Hybrid Vehicle Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Alternative Fuel and Hybrid Vehicle Market, key trends 2021
FIG 5. Global Alternative Fuel and Hybrid Vehicle Market, growth prospects 2022-2028
FIG 6. Global Alternative Fuel and Hybrid Vehicle Market, porters 5 force model
FIG 7. Global Alternative Fuel and Hybrid Vehicle Market, pest analysis
FIG 8. Global Alternative Fuel and Hybrid Vehicle Market, value chain analysis
FIG 9. Global Alternative Fuel and Hybrid Vehicle Market by segment, 2018 & 2028 (USD Million)
FIG 10. Global Alternative Fuel and Hybrid Vehicle Market by segment, 2018 & 2028 (USD Million)
FIG 11. Global Alternative Fuel and Hybrid Vehicle Market by segment, 2018 & 2028 (USD Million)
FIG 12. Global Alternative Fuel and Hybrid Vehicle Market by segment, 2018 & 2028 (USD Million)
FIG 13. Global Alternative Fuel and Hybrid Vehicle Market by segment, 2018 & 2028 (USD Million)
FIG 14. Global Alternative Fuel and Hybrid Vehicle Market, regional snapshot 2018 & 2028
FIG 15. North America Alternative Fuel and Hybrid Vehicle Market 2018 & 2028 (USD Million)
FIG 16. Europe Alternative Fuel and Hybrid Vehicle Market 2018 & 2028 (USD Million)
FIG 17. Asia pacific Market 2018 & 2028 (USD Million)
FIG 18. Latin America Alternative Fuel and Hybrid Vehicle Market 2018 & 2028 (USD Million)
FIG 19. Global Alternative Fuel and Hybrid Vehicle Market, company Market share analysis (2021)