Hybrid & Electric Cars in North America industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2017-22, and forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The hybrid and electric cars market consists of the initial retail sale/registration of new electric and hybrid passenger cars. Passenger cars include saloons/sedans, hatchbacks, SUVs, 4x4s, and other related vehicles.
- The North American hybrid & electric cars market had total revenues of $101.5 billion in 2022, representing a compound annual growth rate (CAGR) of 36.1% between 2017 and 2022.
- Market production volume increased with a CAGR of 32.5% between 2017 and 2022, to reach a total of 2,012,981.0 units in 2022.
- The growth in the North American hybrid & electric cars market is influenced by several macroeconomic factors, such as rising GDP, growing consumer confidence, and an increase in disposable income among individuals. For instance, according to the University of Michigan, the consumer confidence index in the US stood at 71.2 in August 2023, up from 64.4 in June 2023.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the hybrid & electric cars market in North America
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the hybrid & electric cars market in North America
- Leading company profiles reveal details of key hybrid & electric cars market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the North America hybrid & electric cars market with five year forecasts by both value and volume
Reasons to Buy
- What was the size of the North America hybrid & electric cars market by value in 2022?
- What will be the size of the North America hybrid & electric cars market in 2027?
- What factors are affecting the strength of competition in the North America hybrid & electric cars market?
- How has the market performed over the last five years?
- Who are the top competitors in North America's hybrid & electric cars market?
Table of Contents
1 Executive Summary
2 Market Overview
3 Market Data
4 Market Segmentation
5 Market Outlook
6 Five Forces Analysis
7 Competitive Landscape
8 Company Profiles
9 Macroeconomic Indicators
10 Appendix
List of Tables
List of Figures
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Toyota Motor Corporation
- General Motors Company
- Tesla, Inc.
