The market is concentrated due to the presence of few players occupying the competitive landscape. The vendors in the market are adopting growth strategies such as price, quality, brand identity, and distribution to remain competitive in the market.
AB Volvo, BMW AG, Continental AG, Daimler AG, Ford Motor Co., Honda Motor Co. Ltd., Hyundai Motor Co., Stellantis NV, Toyota Motor Corp., and Volkswagen AG are some of the dominant players in the market.
Increasing emission norms will be crucial in driving the growth of the market. Increasing concerns over greenhouse emissions have forced countries to adopt stricter emission norms. For instance, the US Department of Transportation has set the Corporate Average Fuel Economy (CAFE) standards for vehicles. In addition, increasing awareness among consumers regarding environmental protection is driving OEMs to focus on the development of hybrid and electric vehicles as they emit fewer greenhouse gases than gasoline and diesel vehicles. These factors will create immense growth opportunities for vendors during the forecast period.
In addition, the high popularity of luxury vehicles and incentives offered to enhance the adoption rates of HEVs will have a positive impact on the growth of the market players. However, the rising demand for Battery Electric Vehicles (BEVs) and Fuel Cell Electric Vehicles (FCEVs) will challenge the growth of the market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
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Hybrid Car Market 2022-2026: Segmentation
Hybrid Car Market is segmented as below:
- Type
- Geography
- APAC
- North America
- Europe
- MEA
- South America
The HEV segment currently generates maximum revenue in the market. HEVs combine the benefits of high fuel economy and low tailpipe emissions with the power and range of conventional vehicles. Also, HEVs can be either mild or full hybrids, and full hybrids can be designed in series or parallel configurations. These factors are positively influencing the growth of the market.
Geographically, market players will find huge growth opportunities in APAC during the forecast period. Countries such as China, India, South Korea, and Japan are emerging as global hubs for automobile manufacturing. These countries are also witnessing significant investments in infrastructure development projects, which is expected to create significant demand for electrical vehicles. In addition, consumers in the region are becoming more environmentally conscious with rising concerns over climate change. These factors coupled with rising disposable incomes and an increase in the number of affluent younger millennials are creating a high demand for hybrid cars.
Download a Free Sample Report for highlights on other segments and regions in the market.
Hybrid Car Market 2022-2026: Key Highlights
- CAGR of the market during the forecast period 2022-2026
- Detailed information on factors that will assist hybrid car market growth during the next five years
- Estimation of the hybrid car market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the hybrid car market
- Analysis of the market's competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of hybrid car market vendors
Related Reports:
Hybrid Bicycles Market by Distribution Channel and Geography - Forecast and Analysis 2021-2025
Electric Vehicle (EV) Motor Market by Power Rating and Geography - Forecast and Analysis 2021-2025
Hybrid Car Market Scope |
Report Coverage |
Details |
Page number |
120 |
Base year |
2021 |
Forecast period |
2022-2026 |
Growth momentum & CAGR |
Accelerate at a CAGR of 8.41% |
Market growth 2022-2026 |
1271.96 thousand units |
Market structure |
Concentrated |
YoY growth (%) |
6.97 |
Regional analysis |
APAC, North America, Europe, MEA, and South America |
Performing market contribution |
APAC at 45% |
Key consumer countries |
US, Japan, Germany, China, and South Korea (Republic of Korea) |
Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
Companies profiled |
AB Volvo, BMW AG, Continental AG, Daimler AG, Ford Motor Co., Honda Motor Co. Ltd., Hyundai Motor Co., Stellantis NV, Toyota Motor Corp., and Volkswagen AG |
Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period. |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Table Of Contents :
1. Executive Summary
2. Market Landscape
2.1 Market ecosystem
2.2.1 Parent Market
Exhibit 01: Parent market
Exhibit 02: Market characteristics
2.2 Value chain analysis
Exhibit 03: Value chain analysis for home furnishings
2.2.1 Inputs
2.2.2 Inbound Logistics
2.2.3 Operations
2.2.4 Outbound logistics
2.2.5 Marketing and sales
2.2.6 Service
2.2.7 Support activities
2.2.8 Innovation
3. Market Sizing
3.1 Market definition
Exhibit 04: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 05: Market segments
3.3 Market size 2021
3.4 Market outlook: Forecast for 2021 - 2026
Exhibit 06: US - Market size and forecast 2021 - 2026 ($ billion)
Exhibit 07: US market: Year-over-year growth 2021 - 2026 (%)
4. Five Forces Analysis
4.1 Five Forces Summary
Exhibit 08: Five forces analysis 2019 & 2024
4.2 Bargaining power of buyers
Exhibit 09: Bargaining power of buyers
4.3 Bargaining power of suppliers
Exhibit 10: Bargaining power of suppliers
4.4 Threat of new entrants
Exhibit 11: Threat of new entrants
4.5 Threat of substitutes
Exhibit 12: Threat of substitutes
4.6 Threat of rivalry
Exhibit 13: Threat of rivalry
4.7 Market condition
Exhibit 14: Market condition - Five forces 2021
5. Market Segmentation by Product
5.1 Market segments
The segments covered in this chapter are:
- Wall art
- Picture frames
- Wall clock
- Other decorative accents
The two segments have been ranked based on their market share in 2021. The wall art constituted the largest segment in 2021, while the smallest segment was other decorative accents
Exhibit 15: Service - Market share 2021-2026 (%)
5.2 Comparison by Product
Exhibit 16: Comparison by Product
5.3 Wall Art- Market size and forecast 2021-2026
Exhibit 17: Wall Art - Market size and forecast 2021-2026 ($ million)
Exhibit 18: Wall Art - Year-over-year growth 2021-2026 (%)
5.4 Picture frames- Market size and forecast 2021-2026
Exhibit 19: Picture frames - Market size and forecast 2021-2026 ($ million)
Exhibit 20: Picture frames- Year-over-year growth 2021-2026 (%)
5.5 Wall Clock- Market size and forecast 2021-2026
Exhibit 21: Wall Clock - Market size and forecast 2021-2026 ($ million)
Exhibit 22: Wall Clock - Year-over-year growth 2021-2026 (%)
5.6 Other decorative accents- Market size and forecast 2021-2026
Exhibit 23: Other decorative accents - Market size and forecast 2021-2026 ($ million)
Exhibit 24: Other decorative accents - Year-over-year growth 2021-2026 (%)
5.7 Market opportunity by Product
Exhibit 25: Market opportunity by Product
6. Market Segmentation by Distribution Channel
6.1 Market segments
The segments covered in this chapter are:
The two segments have been ranked based on their market share in 2020. Offline constituted the largest segment in 2020, while the smallest segment was Online
Exhibit 26: Service - Market share 2021-2026 (%)
6.2 Comparison by Distribution Channel
Exhibit 27: Comparison by Distribution Channel
6.3 Offline- Market size and forecast 2021-2026
Exhibit 28: Offline - Market size and forecast 2021-2026 ($ million)
Exhibit 29: Offline- Year-over-year growth 2021-2026 (%)
6.4 Online - Market size and forecast 2021-2026
Exhibit 30: Online - Market size and forecast 2021-2026 ($ million)
Exhibit 31: Online - Year-over-year growth 2021-2026 (%)
6.5 Market opportunit by Distribution channel
Exhibit 32: Market opportunity by Distribution Channel
7. Customer landscape
Exhibit 33: Customer landscape
8. Drivers, Challenges, and Trends
8.1 Market drivers
8.1.1 Improved standard of living increasing introduction of premium products
8.1.2 Growing residential construction market
8.1.3 Growing culture of gifting
8.1.4 Rising popularity of blogs related to interior designing
8.2 Market challenges
8.2.1 Rising competition increasing price war and reducing profit margins
8.2.2 Highly complex inventory, supply chain, and merchandizing management
8.2.3 Long product replacement cycle
Exhibit 34: Impact of drivers and challenges
8.3 Market trends
8.3.1 Increasing trend for interior designing
8.3.2 Increased demand for personalized and customized wall decor
8.3.3 Growing online demand for home decor products
8.3.4 Growing demand for eco-friendly home decor items
9. Vendor Landscape
9.1 Overview
Exhibit 35: Vendor landscape
9.2 Landscape disruption
The potential for the disruption of the market landscape was moderate in 2020, and its threat is expected to remain unchanged by 2025.
Exhibit 36: Landscape disruption
Exhibit 37: Industry risks
10. Vendor Analysis
10.1 Vendors covered
Exhibit 38: Vendors covered
10.2 Market positioning of vendors
Exhibit 39: Market positioning of vendors
10.3 Amazon.com Inc.
Exhibit 40: Amazon.com Inc. - Overview
Exhibit 41: Amazon.com Inc. - Business segments
Exhibit 42: Amazon.com Inc. – Key news
Exhibit 43: Amazon.com Inc. - Key offerings
Exhibit 44: Amazon.com Inc. - Segment focus
10.4 Bed Bath & Beyond Inc.
Exhibit 45: Bed Bath & Beyond Inc. - Overview
Exhibit 46: Bed Bath & Beyond Inc. - Business segments
Exhibit 47: Bed Bath & Beyond Inc. – Key news
Exhibit 48: Bed Bath & Beyond Inc. - Key offerings
Exhibit 49: Bed Bath & Beyond Inc. - Segment focus
10.5 Ethan Allen Interiors Inc.
Exhibit 50: Ethan Allen Interiors Inc. - Overview
Exhibit 51: Ethan Allen Interiors Inc. - Business segments
Exhibit 52: Ethan Allen Interiors Inc. – Key news
Exhibit 53: Ethan Allen Interiors Inc. - Key offerings
Exhibit 54: Ethan Allen Interiors Inc. - Segment focus
10.6 Franchise Concepts Inc.
Exhibit 55: Franchise Concepts Inc. - Overview
Exhibit 56: Franchise Concepts Inc. - Product and service
Exhibit 57: Franchise Concepts Inc. – Key news
Exhibit 58: Franchise Concepts Inc. - Key offerings
10.7 Haverty Furniture Companies Inc.
Exhibit 59: Haverty Furniture Companies Inc. - Overview
Exhibit 60: Haverty Furniture Companies Inc. - Product and service
Exhibit 61: Haverty Furniture Companies Inc. – Key news
Exhibit 62: Haverty Furniture Companies Inc. - Key offerings
10.8 Lowe's Companies Inc.
Exhibit 63: Lowe's Companies Inc. - Overview
Exhibit 64: Lowe's Companies Inc. - Business segments
Exhibit 65: Lowe's Companies Inc. – Key news
Exhibit 66: Lowe's Companies Inc. - Key offerings
10.9 Target Corp.
Exhibit 67: Target Corp. - Overview
Exhibit 68: Target Corp. - Business segments
Exhibit 69: Target Corp. – Key news
Exhibit 70: Target Corp. - Key offerings
10.10 The Home Depot Inc.
Exhibit 71: The Home Depot Inc. - Overview
Exhibit 72: The Home Depot Inc. - Business segments
Exhibit 73: The Home Depot Inc. – Key news
Exhibit 74: The Home Depot Inc. - Key offerings
Exhibit 75: The Home Depot Inc. - Segment focus
10.11 Walmart Inc.
Exhibit 76: Walmart Inc. - Overview
Exhibit 77: Walmart Inc. - Business segments
Exhibit 78: Walmart Inc. – Key news
Exhibit 79: Walmart Inc. - Key offerings
Exhibit 80: Walmart Inc. - Segment focus
10.12 Wayfair Inc.
Exhibit 81: Wayfair Inc. - Overview
Exhibit 82: Wayfair Inc. - Product and service
Exhibit 83: Wayfair Inc. - Key offerings
11. Appendix
11.1 Scope of the report
11.1.1 Market definition
11.1.2 Objectives
11.1.3 Notes and caveats
11.2 Currency conversion rates for US$
Exhibit 84: Currency conversion rates for US$
11.3 Research Methodology
Exhibit 85: Research Methodology
Exhibit 86: Validation techniques employed for market sizing
Exhibit 87: Information sources
11.4 List of abbreviations
Exhibit 88: List of abbrevations
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