London, UK (PRWEB) January 29, 2013
In 2010, the global hybrid electric vehicle (HEV) market was evaluated at over USD 19 billion. It is forecast to witness strong growth in the upcoming years, increasing at a CARG of more than 19% to exceed USD 46 billion in 2015. Japan, the USA, Canada, the Netherlands and the UK made up top five country markets for HEV in 2011. The industry growth is spurred by the rising awareness of the environmental issues, runaway fuel prices, constantly introduced emission regulations and changing consumers’ preferences. Moreover, the demand for HEVs is likely to double to estimate approximately 4.2 million units in 2020.
The list of the world leading manufacturers of hybrid electric vehicles includes but is not limited to BMW, Chrysler, General Motors, Suzuki Motor Corp., PSA Peugeot Citroen, Toyota, Volkswagen Group and Daimler AG.
New research report “Global Hybrid Electric Vehicle (HEV) Market 2013-2023” created by Visiongain has been recently published by Market Publishers Ltd.
Title: Global Hybrid Electric Vehicle (HEV) Market 2013-2023
Published: January, 2013
Price: US$ 2,497.00
The report provides an insightful overview of the market for hybrid electric vehicles at global, regional and country scales. It describes the historic development and the present state of the market. The research study disposes the essential information on the market size, structure and shape; identifies major forces and macro-economic indicators influencing the market; and also presents a SWOT analysis for the HEV market. The report delves into the competitive environment and profiles the key companies active on the global HEV market. In addition, the future prospects for the market and the sales projections along with the hybrid submarkets forecasts are available in the report.
Reasons to Buy:
More new research reports by the publisher can be found at Visiongain page.