Hybrid Electric Vehicle Market to Grow at a 20.86% CAGR by 2018 Forecasts a New Research Report at ReportsnReports.com
Dallas, Texas (PRWEB) August 22, 2014 -- One major trend emerging in this market is the increase in research and development innovations. Vendors are working upon improving the efficiency and functionality of hybrid electric vehicles to enhance their performance and improve customer satisfaction.
Analysts forecast the Global Hybrid Electric Vehicle market to grow at a CAGR of 20.86 percent over the period 2013-2018. According to the report, one of the main drivers in this market is the increased number of government initiatives for hybrid electric vehicles. Many countries provide customers with subsidies and incentives such as free parking in parking zones and tax exemptions to increase the purchase of hybrid electric vehicles.
Covered in this Report:
This report covers the present scenario and the growth prospects of the Global Hybrid Electric Vehicle market for the period 2014-2018. To calculate the market size, the report considers revenue generated through the unit shipment of the following types of hybrid electric vehicles: hybrid electric cars, hybrid electric trucks, and other hybrid electric vehicles.
The Global Hybrid Electric Vehicle market 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Global Hybrid Electric Vehicle market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.
The report recognizes the following companies as the key players in the Global Hybrid Electric Vehicle Market: Ford Motor Co., Honda Motor Co. Ltd., Hyundai Motor Co., Toyota Motor Corp. and Volkswagen AG.
Other Prominent Vendors in the market are: Nissan Motors, General Motors, Daimler and Volvo Group.
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Market Driver
• Increased Popularity of Electric Vehicles
• For a full, detailed list, view our report
Market Challenge
• High Cost of Electric Vehicles
• For a full, detailed list, view our report
Market Trend
• Growing R&D Innovations
• For a full, detailed list, view our report
Further, the report states that one of the major challenges in the market is the high cost of hybrid electric vehicles. The use of advanced technology in hybrid electric vehicles adds to the high cost. The larger the battery pack, the higher the cost of hybrid electric vehicles.
Key Questions Answered in this Report:
• What will the market size be in 2018 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?
Other New Reports by Infiniti Research Limited:
Global Transportation Management Market 2014-2018: The Global Transportation Management market is characterized by intense competition, consolidation, rapid technological enhancements, frequent product innovations, and changes in customer requirements. This market is experiencing a significant shift from on-premises software solutions to cloud solutions.
Third-party Logistics (3PL) Market in China 2014-2018: Analysts forecast the Third Party Logistics (3PL) market in China will grow at a CAGR of 17.28 percent over the period 2013-2018.
Third-party Logistics (3PL) Market in China 2014-2018 has been prepared based on an in-depth market analysis with inputs from industry experts. The report also provides data on the different segments of the 3PL market in China by logistics services outsourced and by type of service providers. The report also gives a brief overview of the Logistics market in China by segmenting it with a contribution of logistics cost in GDP, and a share of the 3PL market in total GDP.
Global In-flight Entertainment Market 2014-2018: Key Vendors
• Global Eagle Entertainment Inc.
• Panasonic Avionics Corp.
• Rockwell Collins Inc.
• Thales SA
Other Prominent Vendors
• Airlines Services Ltd
• Digecor
• DMD Phantom
• IFE Services Ltd
• Interact Network Inc.
• Lumexis Corporation
• OnAir
• Spafax
• StoreBox Inflight Inc.
• Tradex Inc.
• Zodiac Inflight Innovations
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Ritesh Tiwari, ReportsnReports.com, http://www.reportsnreports.com/, +1 (888) 391-5441, [email protected]
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