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Micro-hybrid vehicles market - Market Size, Share, Competitive Landscape, Latest Innovations

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kiran magdum
Micro-hybrid vehicles market - Market Size, Share, Competitive Landscape, Latest Innovations

 

Market Highlights

The micro-hybrid vehicles market is expected to be majorly driven with the introduction of second-generation micro-hybrid systems, which include features such as energy regeneration and harvesting. Furthermore, many manufacturers are developing micro-hybrid systems with advanced concepts such as shutting off the engine at times of coasting and keeping the air conditioning running when the engine is not under function. Also, these vehicles are incorporated with mild levels of boost from batteries during acceleration.

Furthermore, these vehicles are gaining importance owing to the numerous benefits provided by these micro-hybrid vehicles, such as prolonged engine life and added environment- friendliness of vehicles. Micro-hybrid vehicles are becoming one of the cheapest and easiest solutions for fuel and emissions-efficient passenger vehicles, owing to the incorporation of start-stop system and regenerative braking systems in them.

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Market Research Analysis

By battery type, the market has been segmented as Lead-acid, Lithium-ion and others. Amongst these, lithium-ion is expected to dominate the market over the forecast period. Lithium-ion batteries are being extensively used in micro-hybrid vehicles. Lithium-ion batteries possess superior energy, power density and cycling ability. The lithium-ion battery is considered core technology as it is lightweight and has high energy density, high power, long life, low self-discharging rate, and wide temperature range. However, the disadvantages of Li-ion batteries are their high cost and safety concerns.

Based on vehicle type, the market has been segmented as passenger vehicle and commercial vehicle. Among them, the commercial vehicles segment is expected to dominate the growth of the market as the use of regenerative braking systems in these vehicles will ensure longer life for the brake discs and pads of the vehicles by protecting them from wear and tear.

Scope of the Report

This study provides an overview of the global micro-hybrid vehicles market, tracking three market segments across four geographic regions. The report studies key players, providing a six-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia-Pacific (APAC) and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global micro-hybrid vehicles market by battery type, capacity, vehicle type and regions.

 

  • By Battery Type
  • Lead-acid
  • Lithium-ion
  • Others
  • By Capacity
  • 12V Micro-Hybrid
  • 48V Micro-Hybrid
  • Others
  • By vehicle type
  • Passenger vehicle
  • Commercial vehicle
  • By Regions
  • North America 
  • Asia Pacific 
  • Europe
  • Rest of the World  

 

Key Players

The prominent players in the Micro-Hybrid Vehicles Market include Audi AG (Germany),      BMW AG (Germany), Daimler AG (Germany), Subaru (Japan), Hyundai Motor Company (South Korea), and Kia Motors Corporation (South Korea). Mahindra and Mahindra Limited (India), Jaguar Land Rover Automotive PLC (U.K.), Mazda Motor Corporation (Japan), and Porsche AG (Germany) are among others. 

Table Of Content

1 Executive Summary

2 Scope Of The Report

2.1 Market Definition

2.2 Scope Of The Study

2.2.1 Definition

2.2.2 Research Objective

2.2.3 Assumptions

2.2.4 Limitations

2.3 Research Process

2.3.1 Primary Research

2.3.2 Secondary Research

2.4 Market Size Estimation

2.5 Forecast Model

    

Continued………

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About Market Research Future:

Market Research Future (MRFR) is a global market research firm that takes great pleasure in its services, providing a detailed and reliable study of diverse industries and consumers worldwide. MRFR's methodology integrates proprietary information with different data sources to provide the client with a comprehensive understanding of the current key trends, upcoming events, and the steps to be taken based on those aspects.

Our rapidly expanding market research company is assisted by a competent team of research analysts who provide useful analytics and data on technological and economic developments. Our deemed analysts make industrial visits and collect valuable information from influential market players. Our main goal is to keep our clients informed of new opportunities and challenges in various markets. We offer step-by-step assistance to our valued clients through strategic and consulting services to reach managerial and actionable decisions.

Contact Us:

Market Research Future

Office No. 524/528, Amanora Chambers

Magarpatta Road, Hadapsar

Pune - 411028

Maharashtra, India

+1 646 845 9312

Email: [email protected]

 

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