The parallel hybrid system is a vehicle power system that comprehensively utilizes the power of the internal combustion engine and the electric motor. Its core concept is to use the internal combustion engine and the electric motor at the same time during the vehicle driving process, and to combine their power and torque output in a timely manner according to actual needs to improve the fuel economy of the vehicle, reduce exhaust emissions, enhance power performance, and improve vehicle driving comfort. In this system, the internal combustion engine is responsible for the traditional power output, while the electric motor provides auxiliary power through the electric energy stored in the battery, and can independently drive the vehicle under certain circumstances. In addition, the parallel hybrid system also uses energy recovery technology, such as the brake energy recovery system, to convert the kinetic energy generated during braking into electrical energy for storage and use it to drive the electric motor, further improving energy utilization efficiency. This system is not only suitable for traditional gasoline vehicles, but is also widely used in plug-in hybrid models, allowing the car to better meet the requirements of environmental protection and energy saving while meeting the power requirements.
The global Parallel Hybrid System market size is projected to grow from US$ million in 2024 to US$ million in 2030; it is expected to grow at a CAGR of %from 2024 to 2030.
The 鈥淧arallel Hybrid System Industry Forecast鈥 looks at past sales and reviews total world Parallel Hybrid System sales in 2023, providing a comprehensive analysis by region and market sector of projected Parallel Hybrid System sales for 2024 through 2030. With Parallel Hybrid System sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Parallel Hybrid System industry.
This Insight Report provides a comprehensive analysis of the global Parallel Hybrid System landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Parallel Hybrid System portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms鈥 unique position in an accelerating global Parallel Hybrid System market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Parallel Hybrid System and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Parallel Hybrid System.
United States market for Parallel Hybrid System is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
China market for Parallel Hybrid System is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
Europe market for Parallel Hybrid System is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
Global key Parallel Hybrid System players cover Magna, Honda, Toyota, General Motors, Volvo, etc. In terms of revenue, the global two largest companies occupied for a share nearly
% in 2023.
This report presents a comprehensive overview, market shares, and growth opportunities of Parallel Hybrid System market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
PHEV
Mild Hybrid
Segmentation by Application:
Commercial Vehicles
Passenger Vehicles
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Magna
Honda
Toyota
General Motors
Volvo
ZF Friedrichshafen
Hyundai
BYD
Guangzhou Automobile Industry Grou
Key Questions Addressed in this Report
What is the 10-year outlook for the global Parallel Hybrid System market?
What factors are driving Parallel Hybrid System market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Parallel Hybrid System market opportunities vary by end market size?
How does Parallel Hybrid System break out by Type, by Application?
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Scope of the Report
1.1 麻豆原创 Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 麻豆原创 Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 麻豆原创 Estimation Caveats
2 Executive Summary
2.1 World 麻豆原创 Overview
2.1.1 Global Parallel Hybrid System Annual Sales 2019-2030
2.1.2 World Current & Future Analysis for Parallel Hybrid System by Geographic Region, 2019, 2023 & 2030
2.1.3 World Current & Future Analysis for Parallel Hybrid System by Country/Region, 2019, 2023 & 2030
2.2 Parallel Hybrid System Segment by Type
2.2.1 PHEV
2.2.2 Mild Hybrid
2.3 Parallel Hybrid System Sales by Type
2.3.1 Global Parallel Hybrid System Sales 麻豆原创 Share by Type (2019-2024)
2.3.2 Global Parallel Hybrid System Revenue and 麻豆原创 Share by Type (2019-2024)
2.3.3 Global Parallel Hybrid System Sale Price by Type (2019-2024)
2.4 Parallel Hybrid System Segment by Application
2.4.1 Commercial Vehicles
2.4.2 Passenger Vehicles
2.5 Parallel Hybrid System Sales by Application
2.5.1 Global Parallel Hybrid System Sale 麻豆原创 Share by Application (2019-2024)
2.5.2 Global Parallel Hybrid System Revenue and 麻豆原创 Share by Application (2019-2024)
2.5.3 Global Parallel Hybrid System Sale Price by Application (2019-2024)
3 Global by Company
3.1 Global Parallel Hybrid System Breakdown Data by Company
3.1.1 Global Parallel Hybrid System Annual Sales by Company (2019-2024)
3.1.2 Global Parallel Hybrid System Sales 麻豆原创 Share by Company (2019-2024)
3.2 Global Parallel Hybrid System Annual Revenue by Company (2019-2024)
3.2.1 Global Parallel Hybrid System Revenue by Company (2019-2024)
3.2.2 Global Parallel Hybrid System Revenue 麻豆原创 Share by Company (2019-2024)
3.3 Global Parallel Hybrid System Sale Price by Company
3.4 Key Manufacturers Parallel Hybrid System Producing Area Distribution, Sales Area, Product Type
3.4.1 Key Manufacturers Parallel Hybrid System Product Location Distribution
3.4.2 Players Parallel Hybrid System Products Offered
3.5 麻豆原创 Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) & (2019-2024)
3.6 New Products and Potential Entrants
3.7 麻豆原创 M&A Activity & Strategy
4 World Historic Review for Parallel Hybrid System by Geographic Region
4.1 World Historic Parallel Hybrid System 麻豆原创 Size by Geographic Region (2019-2024)
4.1.1 Global Parallel Hybrid System Annual Sales by Geographic Region (2019-2024)
4.1.2 Global Parallel Hybrid System Annual Revenue by Geographic Region (2019-2024)
4.2 World Historic Parallel Hybrid System 麻豆原创 Size by Country/Region (2019-2024)
4.2.1 Global Parallel Hybrid System Annual Sales by Country/Region (2019-2024)
4.2.2 Global Parallel Hybrid System Annual Revenue by Country/Region (2019-2024)
4.3 Americas Parallel Hybrid System Sales Growth
4.4 APAC Parallel Hybrid System Sales Growth
4.5 Europe Parallel Hybrid System Sales Growth
4.6 Middle East & Africa Parallel Hybrid System Sales Growth
5 Americas
5.1 Americas Parallel Hybrid System Sales by Country
5.1.1 Americas Parallel Hybrid System Sales by Country (2019-2024)
5.1.2 Americas Parallel Hybrid System Revenue by Country (2019-2024)
5.2 Americas Parallel Hybrid System Sales by Type (2019-2024)
5.3 Americas Parallel Hybrid System Sales by Application (2019-2024)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Parallel Hybrid System Sales by Region
6.1.1 APAC Parallel Hybrid System Sales by Region (2019-2024)
6.1.2 APAC Parallel Hybrid System Revenue by Region (2019-2024)
6.2 APAC Parallel Hybrid System Sales by Type (2019-2024)
6.3 APAC Parallel Hybrid System Sales by Application (2019-2024)
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 China Taiwan
7 Europe
7.1 Europe Parallel Hybrid System by Country
7.1.1 Europe Parallel Hybrid System Sales by Country (2019-2024)
7.1.2 Europe Parallel Hybrid System Revenue by Country (2019-2024)
7.2 Europe Parallel Hybrid System Sales by Type (2019-2024)
7.3 Europe Parallel Hybrid System Sales by Application (2019-2024)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Parallel Hybrid System by Country
8.1.1 Middle East & Africa Parallel Hybrid System Sales by Country (2019-2024)
8.1.2 Middle East & Africa Parallel Hybrid System Revenue by Country (2019-2024)
8.2 Middle East & Africa Parallel Hybrid System Sales by Type (2019-2024)
8.3 Middle East & Africa Parallel Hybrid System Sales by Application (2019-2024)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 麻豆原创 Drivers, Challenges and Trends
9.1 麻豆原创 Drivers & Growth Opportunities
9.2 麻豆原创 Challenges & Risks
9.3 Industry Trends
10 Manufacturing Cost Structure Analysis
10.1 Raw Material and Suppliers
10.2 Manufacturing Cost Structure Analysis of Parallel Hybrid System
10.3 Manufacturing Process Analysis of Parallel Hybrid System
10.4 Industry Chain Structure of Parallel Hybrid System
11 麻豆原创ing, Distributors and Customer
11.1 Sales Channel
11.1.1 Direct Channels
11.1.2 Indirect Channels
11.2 Parallel Hybrid System Distributors
11.3 Parallel Hybrid System Customer
12 World Forecast Review for Parallel Hybrid System by Geographic Region
12.1 Global Parallel Hybrid System 麻豆原创 Size Forecast by Region
12.1.1 Global Parallel Hybrid System Forecast by Region (2025-2030)
12.1.2 Global Parallel Hybrid System Annual Revenue Forecast by Region (2025-2030)
12.2 Americas Forecast by Country (2025-2030)
12.3 APAC Forecast by Region (2025-2030)
12.4 Europe Forecast by Country (2025-2030)
12.5 Middle East & Africa Forecast by Country (2025-2030)
12.6 Global Parallel Hybrid System Forecast by Type (2025-2030)
12.7 Global Parallel Hybrid System Forecast by Application (2025-2030)
13 Key Players Analysis
13.1 Magna
13.1.1 Magna Company Information
13.1.2 Magna Parallel Hybrid System Product Portfolios and Specifications
13.1.3 Magna Parallel Hybrid System Sales, Revenue, Price and Gross Margin (2019-2024)
13.1.4 Magna Main Business Overview
13.1.5 Magna Latest Developments
13.2 Honda
13.2.1 Honda Company Information
13.2.2 Honda Parallel Hybrid System Product Portfolios and Specifications
13.2.3 Honda Parallel Hybrid System Sales, Revenue, Price and Gross Margin (2019-2024)
13.2.4 Honda Main Business Overview
13.2.5 Honda Latest Developments
13.3 Toyota
13.3.1 Toyota Company Information
13.3.2 Toyota Parallel Hybrid System Product Portfolios and Specifications
13.3.3 Toyota Parallel Hybrid System Sales, Revenue, Price and Gross Margin (2019-2024)
13.3.4 Toyota Main Business Overview
13.3.5 Toyota Latest Developments
13.4 General Motors
13.4.1 General Motors Company Information
13.4.2 General Motors Parallel Hybrid System Product Portfolios and Specifications
13.4.3 General Motors Parallel Hybrid System Sales, Revenue, Price and Gross Margin (2019-2024)
13.4.4 General Motors Main Business Overview
13.4.5 General Motors Latest Developments
13.5 Volvo
13.5.1 Volvo Company Information
13.5.2 Volvo Parallel Hybrid System Product Portfolios and Specifications
13.5.3 Volvo Parallel Hybrid System Sales, Revenue, Price and Gross Margin (2019-2024)
13.5.4 Volvo Main Business Overview
13.5.5 Volvo Latest Developments
13.6 ZF Friedrichshafen
13.6.1 ZF Friedrichshafen Company Information
13.6.2 ZF Friedrichshafen Parallel Hybrid System Product Portfolios and Specifications
13.6.3 ZF Friedrichshafen Parallel Hybrid System Sales, Revenue, Price and Gross Margin (2019-2024)
13.6.4 ZF Friedrichshafen Main Business Overview
13.6.5 ZF Friedrichshafen Latest Developments
13.7 Hyundai
13.7.1 Hyundai Company Information
13.7.2 Hyundai Parallel Hybrid System Product Portfolios and Specifications
13.7.3 Hyundai Parallel Hybrid System Sales, Revenue, Price and Gross Margin (2019-2024)
13.7.4 Hyundai Main Business Overview
13.7.5 Hyundai Latest Developments
13.8 BYD
13.8.1 BYD Company Information
13.8.2 BYD Parallel Hybrid System Product Portfolios and Specifications
13.8.3 BYD Parallel Hybrid System Sales, Revenue, Price and Gross Margin (2019-2024)
13.8.4 BYD Main Business Overview
13.8.5 BYD Latest Developments
13.9 Guangzhou Automobile Industry Grou
13.9.1 Guangzhou Automobile Industry Grou Company Information
13.9.2 Guangzhou Automobile Industry Grou Parallel Hybrid System Product Portfolios and Specifications
13.9.3 Guangzhou Automobile Industry Grou Parallel Hybrid System Sales, Revenue, Price and Gross Margin (2019-2024)
13.9.4 Guangzhou Automobile Industry Grou Main Business Overview
13.9.5 Guangzhou Automobile Industry Grou Latest Developments
14 Research Findings and Conclusion
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*If Applicable.