United States Plug-in Hybrid Cars Market 2017-2025: Industry Share, Size, Emerging Trends, Demand Analysis, Growth Driver, Regional Outlook, Future Prospects & Competitive Analysis

United States Plug-in Hybrid Cars Market Outlook 2017-2025

Market Overview

In 2017 , the global accumulative electric vehicles sales has exceeded 2 million units, with the growth remain to expanding in the major electric vehicles market of China, Europe and United States. Plug-in electric vehicles have created a significant space in United States electric vehicles market with around 45% market share. Additionally, there are about more than 17 plug-in hybrid electric cars model in the U.S electric vehicles market provided by the ten different manufacturers. One of the major growth drivers in United States plug-in hybrid electric vehicle market is effective policy support from state and local governments. Government in United States is providing various monetary and non-monetary supports to the electric vehicle customers in order to support mass adoption of EVs. On the other hand, electric vehicle’s battery manufacturers aggressively working to develop cost effective batteries that have put electric vehicles on track to pass conventional vehicles. Indeed, U.S. electric vehicles sales have grown on an average of 32% annually from 2012-2016 and 40% over the year ending June 2017, the plug-in hybrid electric vehicles sales are set grow in coming years also.

Goldstein Research analyst forecast United States plug-in hybrid cars market is likely to boom with the emergence of electric vehicles in coming years. Further, the market is anticipated to reach USD 52.3 billion by 2025 at a CAGR of 18.1% over the forecast period as advancements in batteries will transform the transportation industry in coming years.

United States Plug-in Hybrid Cars Market Segmentation

By Major Components

• Internal Combustion Engine
• Electric Motor
• Batteries

Based on the major components, batteries accounted for the largest revenue share as battery still costs up-to 25% of overall plug-in hybrid car price. Further, batteries market will likely to grow at faster pace with growing market for plug-in hybrid cars especially in Western Europe and North America.

By Plug-in Hybrid Cars Type

• Series PHEVs
• Parallel or Blended PHEVs.

Covered In This United States Plug-in Hybrid Cars Market Report           

The report covers the present ground scenario and the future growth prospects of the United States Plug-in Hybrid Cars Market for 2017-2025 along with the market players’ analysis. We calculated the market size and revenue share on the basis of revenue generated from major players in all major regions. United States Plug-in Hybrid Cars market is forecasted on the basis of revenue analysis, product benchmarking and strategic developments of key market players.

United States Plug-in Hybrid Cars Market Outlook 2017-2025, has been prepared based on an in-depth market analysis from industry experts. The report covers the competitive landscape and current position of major players in the U.S Plug-in Hybrid Cars Market space. The report also includes porter’s five force model, SWOT analysis, company profiling, business strategies of market players and their business models. “United States Plug-in Hybrid Cars Market Report” also recognizes value chain analysis to understand the cost differentiation, pricing models to provide competitive advantage to the existing and new entry players.

Our U.S Plug-in Hybrid Cars Market Report comprises of the following companies as the key players: Daimler AG, General Motors Corporation, Toyota Motor Corporation, Mitsubishi Motors Corporation, BYD Auto Co. Ltd., Volkswagen AG, BMW AG, Honda Motor Co. Ltd., and Hyundai Motor Company.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

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Key questions answered in this U.S Plug-in Hybrid Cars Market Report

• What is the total market size by 2025 and what would be the expected growth rate of market?
• What is the total revenue per segment and region in 2016-17 and what would be the expected revenue per segment and region over the forecast period?
• What are the key market trends?
• What are the factors which are driving this market?
• What are the major barriers to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities for the existing and entry level players?
• What are the recent developments and business strategy of the key players?

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