Accessibility Statement Skip Navigation
  • Resources
  • Blog
  • Journalists
  • +44 (0)20 7454 5110
  • Client Login
  • Send a Release
Return to PR Newswire homepage
  • News
  • Products
  • Contact
When typing in this field, a list of search results will appear and be automatically updated as you type.

Searching for your content...

No results found. Please change your search terms and try again.
  • News in Focus
      • Browse News Releases

      • All Public Company News
      • All Multimedia News
      • View All News Releases

      • Regulatory News

      • D/A/CH Regulatory News
      • UK Regulatory News
      • View All Regulatory News

  • Business & Money
      • Auto & Transportation

      • Aerospace & Defense
      • Air Freight
      • Airlines & Aviation
      • Automotive
      • Maritime & Shipbuilding
      • Railroads & Intermodal Transportation
      • Supply Chain/Logistics
      • Transportation, Trucking & Railroad
      • Travel
      • Trucking & Road Transportation
      • View All Auto & Transportation

      • Business Technology

      • Blockchain
      • Broadcast Tech
      • Computer & Electronics
      • Computer Hardware
      • Computer Software
      • Data Analytics
      • Electronic Commerce
      • Electronic Components
      • Electronic Design Automation
      • Financial Technology
      • High Tech Security
      • Internet Technology
      • Nanotechnology
      • Networks
      • Peripherals
      • Semiconductors
      • View All Business Technology

      • Entertain­ment & Media

      • Advertising
      • Art
      • Books
      • Entertainment
      • Film & Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television
      • View All Entertain­ment & Media

      • Financial Services & Investing

      • Accounting News & Issues
      • Acquisitions, Mergers & Takeovers
      • Banking & Financial Services
      • Bankruptcy
      • Bond & Stock Ratings
      • Conference Call Announcements
      • Contracts
      • Cryptocurrency
      • Dividends
      • Earnings
      • Earnings Forecasts & Projections
      • Financing Agreements
      • Insurance
      • Investments Opinions
      • Joint Ventures
      • Mutual Funds
      • Private Placement
      • Real Estate
      • Restructuring & Recapitalisation
      • Sales Reports
      • Shareholder Activism
      • Shareholder Meetings
      • Stock Offering
      • Stock Split
      • Venture Capital
      • View All Financial Services & Investing

      • General Business

      • Awards
      • Commercial Real Estate
      • Corporate Expansion
      • Earnings
      • Environmental, Social and Governance (ESG)
      • Human Resource & Workforce Management
      • Licensing
      • New Products & Services
      • Obituaries
      • Outsourcing Businesses
      • Overseas Real Estate (non-US)
      • Personnel Announcements
      • Real Estate Transactions
      • Residential Real Estate
      • Small Business Services
      • Socially Responsible Investing
      • Surveys, Polls & Research
      • Trade Show News
      • View All General Business

  • Science & Tech
      • Consumer Technology

      • Artificial Intelligence
      • Blockchain
      • Cloud Computing/Internet of Things
      • Computer Electronics
      • Computer Hardware
      • Computer Software
      • Consumer Electronics
      • Cryptocurrency
      • Data Analytics
      • Electronic Commerce
      • Electronic Gaming
      • Financial Technology
      • Mobile Entertainment
      • Multimedia & Internet
      • Peripherals
      • Social Media
      • STEM (Science, Tech, Engineering, Math)
      • Supply Chain/Logistics
      • Wireless Communications
      • View All Consumer Technology

      • Energy & Natural Resources

      • Alternative Energies
      • Chemical
      • Electrical Utilities
      • Gas
      • General Manufacturing
      • Mining
      • Mining & Metals
      • Oil & Energy
      • Oil & Gas Discoveries
      • Utilities
      • Water Utilities
      • View All Energy & Natural Resources

      • Environ­ment

      • Conservation & Recycling
      • Environmental Issues
      • Environmental Policy
      • Environmental Products & Services
      • Green Technology
      • Natural Disasters
      • View All Environ­ment

      • Heavy Industry & Manufacturing

      • Aerospace & Defence
      • Agriculture
      • Chemical
      • Construction & Building
      • General Manufacturing
      • HVAC (Heating, Ventilation & Air-Conditioning)
      • Machinery
      • Machine Tools, Metalworking & Metallurgy
      • Mining
      • Mining & Metals
      • Paper, Forest Products & Containers
      • Precious Metals
      • Textiles
      • Tobacco
      • View All Heavy Industry & Manufacturing

      • Telecomm­unications

      • Carriers & Services
      • Mobile Entertainment
      • Networks
      • Peripherals
      • Telecommunications Equipment
      • Telecommunications Industry
      • VoIP (Voice over Internet Protocol)
      • Wireless Communications
      • View All Telecomm­unications

  • Lifestyle & Health
      • Consumer Products & Retail

      • Animals & Pets
      • Beers, Wines & Spirits
      • Beverages
      • Bridal Services
      • Cannabis
      • Cosmetics & Personal Care
      • Fashion
      • Food & Beverages
      • Furniture & Furnishings
      • Home Improvement
      • Household, Consumer & Cosmetics
      • Household Products
      • Jewellery
      • Non-Alcoholic Beverages
      • Office Products
      • Organic Food
      • Product Recalls
      • Restaurants
      • Retail
      • Supermarkets
      • Toys
      • View All Consumer Products & Retail

      • Entertain­ment & Media

      • Advertising
      • Art
      • Books
      • Entertainment
      • Film & Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television
      • View All Entertain­ment & Media

      • Health

      • Biometrics
      • Biotechnology
      • Clinical Trials & Medical Discoveries
      • Dentistry
      • FDA Approval
      • Fitness/Wellness
      • Health Care & Hospitals
      • Health Insurance
      • Infection Control
      • International Medical Approval
      • Medical Equipment
      • Medical Pharmaceuticals
      • Mental Health
      • Pharmaceuticals
      • Supplementary Medicine
      • View All Health

      • Sports

      • General Sports
      • Outdoors, Camping & Hiking
      • Sporting Events
      • Sports Equipment & Accessories
      • View All Sports

      • Travel

      • Amusement Parks & Tourist Attractions
      • Gambling & Casinos
      • Hotels & Resorts
      • Leisure & Tourism
      • Outdoors, Camping & Hiking
      • Passenger Aviation
      • Travel Industry
      • View All Travel

  • Policy & Public Interest
      • Policy & Public Interest

      • Animal Welfare
      • Corporate Social Responsibility
      • Economic News, Trends & Analysis
      • Education
      • Environmental
      • European Government
      • Labour & Union
      • Natural Disasters
      • Not For Profit
      • Public Safety
      • View All Policy & Public Interest

  • People & Culture
      • People & Culture

      • Aboriginal, First Nations & Native American
      • African American
      • Asian American
      • Children
      • Diversity, Equity & Inclusion
      • Hispanic
      • Lesbian, Gay & Bisexual
      • Men's Interest
      • People with Disabilities
      • Religion
      • Senior Citizens
      • Veterans
      • Women
      • View All People & Culture

  • Overview
  • Distribution
  • Paid Placement
  • Multichannel Amplification
  • Disclosure Services
  • SocialBoost
  • Rooms
    • MediaRoom
    • ESG Rooms
  • AI Tools
  • General Enquiries
  • Media Enquiries
  • Partnerships
  • Hamburger menu
  • Cision PR Newswire UK provides press release distribution, targeting, monitoring, and marketing services
  • Send a Release
    • Phone

    • +44 (0)20 7454 5110 from 8 AM - 5:30 PM GMT

    • ALL CONTACT INFO
    • Contact Us

      +44 (0)20 7454 5110
      from 8 AM - 5:30 PM GMT

  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists
  • News in Focus
    • Browse News Releases
    • Regulatory News
  • Business & Money
    • Auto & Transportation
    • Business Technology
    • Entertain­ment & Media
    • Financial Services & Investing
    • General Business
  • Science & Tech
    • Consumer Technology
    • Energy & Natural Resources
    • Environ­ment
    • Heavy Industry & Manufacturing
    • Telecomm­unications
  • Lifestyle & Health
    • Consumer Products & Retail
    • Entertain­ment & Media
    • Health
    • Sports
    • Travel
  • Policy & Public Interest
    • Policy & Public Interest
  • People & Culture
    • People & Culture
  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists
  • Overview
  • Distribution
  • Paid Placement
  • Multichannel Amplification
  • Disclosure Services
  • Cision Communications Cloud®
  • AI Tools
  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists
  • General Enquiries
  • Media Enquiries
  • Partnerships
  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists

Over 11 Million Hybrid Passenger Cars Will be Sold Globally by the End of 2026


News provided by

Future Market Insights

27 Feb, 2017, 15:00 GMT

Share this article

Share toX

Share this article

Share toX

This image opens in the lightbox
Future Market Insights (PRNewsFoto/Future Market Insights)

VALLEY COTTAGE, New York, February 27, 2017 /PRNewswire/ --

A Gradual Decline Reported in Oil & Gasoline Prices Across the Globe Won't Suffice to Drag Down the Global Sales of Electric and Hybrid Vehicles 

A recent research report published by Future Market Insights projects that the global revenues emanating from sales of hybrid vehicles will be soaring at an exponential CAGR of 20.4% between 2016 and 2026. The global hybrid vehicles market, which is presently valued at almost US$ 60 billion, will bring in over US$ 430 billion in revenues by the end of 2026. Future Market Insights also anticipates that world's leading hybrid vehicle manufacturers will keep focusing towards development of passenger cars and increasing their production capacity to meet the surging demand for compact hybrid SUVs. 

     (Logo: http://photos.prnewswire.com/prnh/20161020/430874LOGO )

Passenger cars are expected to be the top-selling vehicle segment in the global hybrid vehicle market. By the end of 2026, more than US$ 350 billion revenues are likely to be amassed by global sales of hybrid passenger cars. The report also reveals the impact of electric propulsion motor's alignment to internal combustion engine in driving the sales of hybrid vehicles in the world. According to the report, power train configurations of hybrid vehicles will remain to be a crucial deciding factor for customers. During the forecast period, at least six out of every ten hybrid vehicles being sold in the world will be equipped with a power-split hybrid configuration. Contrarily, the demand for parallel hybrid and series hybrid configurations will drop, and will collectively be worth just over 20% of global revenues by the end of 2026.

Request a Sample Report with Table of Contents: http://www.futuremarketinsights.com/reports/sample/rep-gb-43

Gasoline Hybrid vs. Diesel Hybrid 

Apropos the type of engines installed in these hybrid vehicles, people are undoubtedly inclined towards buying a gasoline-hybrid vehicle. Performance and fuel efficiency of gasoline hybrid engines has been evaluated to be higher compared to diesel hybrid engines. Moreover, diesel engines tend to be heavier than gasoline engines, thereby lowering the fuel efficiency and adding the unwanted torque to hybrid vehicles. In 2016, approximately 318,000 units of diesel hybrid engines were sold in the world. But, the consumption of gasoline-hybrid will keep imposing an unmatched imprint on global sales of diesel hybrid vehicles. Through 2026, close to US$ 400 billion worth of gasoline-hybrid engines have been anticipated to be sold in the global hybrid vehicle market. 

Key research findings in the report, titled "Hybrid Vehicles Market: Global Industry Analysis and Opportunity Assessment, 2016-2026," include:

  • Lack of charging stations is observed to be the greatest challenge for adoption of hybrid vehicles
  • Around 20% of global hybrid vehicle revenues throughout the projected period will be accounted by global sales plug-in hybrid vehicles.
  • Japan will register the highest revenue growth for hybrid vehicles, procuring more than US$ 270 billion by 2026-end
  • After Japan, North America and Western Europe will collectively account for more than 30% value share in the global hybrid vehicle market
  • Silent operability of hybrid vehicles also promotes its consumption among regions riddled with rising noise pollution levels

Preview Analysis on Global Hybrid Vehicles Market Segmentation By Product Type - Hybrid Vehicles and Plug-In Hybrid Vehicles, By Engine Type - Gasoline Electric and Diesel Electric, By Power Train Configuration - Parallel Hybrid, Series Hybrid and Power Split Hybrid, By Vehicle Type - Passenger Cars, Light Commercial Vehicles and Heavy Commercial Vehicles: http://www.futuremarketinsights.com/reports/global-hybrid-vehicles-market

Toyota's Prius - Best-Selling Hybrid Car of All Time 

Leading automaker, Toyota Motor Corporation, continues to be one of the largest players in the global hybrid vehicle market. Its flagship hybrid model - Prius - has recorded sales of more than 200,000 units in 2015. Giving it a run for its money is Nissan's Leaf, and Clarity and Fit EV by Honda. While Nissan Motor Corporation continues to consolidate its position in North America, Honda Motor Co. Ltd. is proliferating across the Japanese hybrid vehicle market. Other companies partaking in the growth of global hybrid vehicle market include, Bayerische Motoren Werke, AG, Daimler AG, Groupe Renault, General Motors Company and Ford Motor Company. 

More From FMI's Cutting-edge Intelligence: 

  • Automotive Repair and Maintenance Services Market Segmentation By Services and Parts - Engine Oil, Gear Oil, Brake Oil, Grease, Tires, Batteries, Wear And Tear Parts, Air Filter, Cabin Filter, Oil Filter, Wiper Blades, Collision Body, Starters And Alternators, Lighting, Exhaust Components and Spark Plugs, By Service Provider - Automobile Dealerships, Franchise General Repairs, Specialty Shops, Body Shops and Tire Shops, By Vehicle Type - Passenger Cars and Light Commercial Vehicles: http://www.futuremarketinsights.com/reports/automotive-repair-and-maintenance-services-market
  • Variable Frequency Drive (VFD) Market Segmentation By Drive Type - AC, DC, Servo; By Voltage Range - Low, Medium; By Application Type - Standard, Regenerative; End-Use Application - Pump, Fan, Compressor, Conveyor, HVAC; By End-Use Industry - Oil And Gas, Food Processing, Automotive, Mining and Metals, Pulp and Papers: http://www.futuremarketinsights.com/reports/global-variable-frequency-drives-market
  • Aircraft Cabin Interior Market By Product Type - Comprises Flooring, Sidewalls/Liners, Carts, Overhead Bins, Seats, Lavatory, Monuments, Windows and Others; By Aircraft Type - Large Body Aircraft, Wide Body Aircraft and Narrow Body Aircraft; BY Distribution Channel - OEM and Aftermarket: http://www.futuremarketinsights.com/reports/global-aircraft-cabin-interior-market

About Us 

Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights and an aerial view of the competitive framework and future market trends.

Browse More Automotive & Transportation Market Insights


Contact Us
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
United States
T: +1-347-918-3531
F: +1-845-579-5705
T (UK): + 44 (0) 20 7692 8790
Sales: sales@futuremarketinsights.com
Press Office: Press@futuremrketinsights.com

Website: http://www.futuremarketinsights.com

Modal title

Also from this source

Isoprene Rubber Latex Market is Projected to Expand at a CAGR of 8.1% between 2024 and 2034 | Future Market Insights, Inc.

Isoprene Rubber Latex Market is Projected to Expand at a CAGR of 8.1% between 2024 and 2034 | Future Market Insights, Inc.

The isoprene rubber latex industry is predicted to be valued at USD 922 million by 2024. The market valuation is estimated to be USD 2,005.3 million...

Growing Demand for Premium Distilled Agave-based Beverages to Propel Mezcal Market at a CAGR of 14.2% by 2034 | Future Market Insights, Inc.

Growing Demand for Premium Distilled Agave-based Beverages to Propel Mezcal Market at a CAGR of 14.2% by 2034 | Future Market Insights, Inc.

According to Future Market Insights (FMI), the global mezcal market demand is estimated to reach a valuation of USD 635 million by 2024. Over the...

More Releases From This Source

Explore

Automotive

Automotive

Transportation, Trucking & Railroad

Transportation, Trucking & Railroad

Electronic Components

Electronic Components

Alternative Energies

Alternative Energies

News Releases in Similar Topics

Contact PR Newswire

  • +44 (0)20 7454 5110
    from 8 AM - 5:30 PM GMT
  • General Enquiries
  • Media Enquiries
  • Partnerships

Products

  • Content Distribution
  • Multimedia Services
  • Disclosure Services
  • Cision Communications Cloud®

About

  • About PR Newswire
  • About Cision
  • Partnering Opportunities
  • Careers
  • Accessibility Statement
  • APAC
  • APAC - Simplified Chinese
  • APAC - Traditional Chinese
  • Brazil
  • Canada
  • Czech
  • Denmark
  • Finland
  • France
  • Germany
  • India
  • Indonesia
  • Israel
  • Japan
  • Korea
  • Mexico
  • Middle East
  • Middle East - Arabic
  • Netherlands
  • Norway
  • Poland
  • Portugal
  • Russia
  • Slovakia
  • Spain
  • Sweden
  • United States
  • Vietnam

My Services

  • All News Releases
  • Customer Portal
  • Resources
  • Blog
  • Journalists
  • Data Privacy

Do not sell or share my personal information:

  • Submit via Privacy@cision.com 
  • Call Privacy toll-free: 877-297-8921

Contact PR Newswire

Products

About

My Services
  • All News Releases
  • Customer Portal
  • Resources
  • Blog
  • Journalists
+44 (0)20 7454 5110
from 8 AM - 5:30 PM GMT
  • Terms of Use
  • Privacy Policy
  • Information Security Policy
  • Site Map
  • RSS
  • Cookie Settings
Copyright © 2025 PR Newswire Europe Limited. All Rights Reserved. A Cision company.