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Australia Hybrid Vehicle Market Size, Share, Growth, Report: By Vehicle Type: Commercial Vehicles, Passenger Car; By Electric Powertrain Type: Series Hybrid, Parallel Hybrid, Power Split Hybrid; By Component: Chassis, Body, Powertrain, Electronics, Others; By Hybridisation; By Propulsion; Regional Analysis; Competitive Landscape; 2024-2032
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 Asia Pacific Hybrid Vehicle Market Overview
8.1 Key Industry Highlights
8.2 Asia Pacific Hybrid Vehicle Historical Market (2018-2023)
8.3 Asia Pacific Hybrid Vehicle Market Forecast (2024-2032)
9 Australia Hybrid Vehicle Market Overview
9.1 Key Industry Highlights
9.2 Australia Hybrid Vehicle Historical Market (2018-2023)
9.3 Australia Hybrid Vehicle Market Forecast (2024-2032)
10 Australia Hybrid Vehicle Market by Vehicle Type
10.1 Commercial Vehicles
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Passenger Car
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
11 Australia Hybrid Vehicle Market by Electric Powertrain Type
11.1 Series Hybrid
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Parallel Hybrid
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 Power Split Hybrid
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
12 Australia Hybrid Vehicle Market by Component
12.1 Chassis
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Body
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Powertrain
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Electronics
12.4.1 Historical Trend (2018-2023)
12.4.2 Forecast Trend (2024-2032)
12.5 Others
13 Australia Hybrid Vehicle Market by Hybridisation
13.1 Plug-in Hybrid
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 Mild Hybrid
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Fully Hybrid
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
14 Australia Hybrid Vehicle Market by Propulsion
14.1 NGV
14.1.1 Historical Trend (2018-2023)
14.1.2 Forecast Trend (2024-2032)
14.2 HEV
14.2.1 Historical Trend (2018-2023)
14.2.2 Forecast Trend (2024-2032)
14.3 PHEV
14.3.1 Historical Trend (2018-2023)
14.3.2 Forecast Trend (2024-2032)
15 Australia Hybrid Vehicle Market by Region
15.1 New South Wales
15.1.1 Historical Trend (2018-2023)
15.1.2 Forecast Trend (2024-2032)
15.2 Victoria
15.2.1 Historical Trend (2018-2023)
15.2.2 Forecast Trend (2024-2032)
15.3 Queensland
15.3.1 Historical Trend (2018-2023)
15.3.2 Forecast Trend (2024-2032)
15.4 Australian Capital Territory
15.4.1 Historical Trend (2018-2023)
15.4.2 Forecast Trend (2024-2032)
15.5 Western Australia
15.5.1 Historical Trend (2018-2023)
15.5.2 Forecast Trend (2024-2032)
15.6 Others
16 Market Dynamics
16.1 SWOT Analysis
16.1.1 Strengths
16.1.2 Weaknesses
16.1.3 Opportunities
16.1.4 Threats
16.2 Porter’s Five Forces Analysis
16.2.1 Supplier’s Power
16.2.2 Buyer’s Power
16.2.3 Threat of New Entrants
16.2.4 Degree of Rivalry
16.2.5 Threat of Substitutes
16.3 Key Indicators for Demand
16.4 Key Indicators for Price
17 Competitive Landscape
17.1 Market Structure
17.2 Company Profiles
17.2.1 Honda Motor Co., Ltd.
17.2.1.1 Company Overview
17.2.1.2 Product Portfolio
17.2.1.3 Demographic Reach and Achievements
17.2.1.4 Certifications
17.2.2 Mercedes-Benz Group AG
17.2.2.1 Company Overview
17.2.2.2 Product Portfolio
17.2.2.3 Demographic Reach and Achievements
17.2.2.4 Certifications
17.2.3 Toyota Motor Corporation
17.2.3.1 Company Overview
17.2.3.2 Product Portfolio
17.2.3.3 Demographic Reach and Achievements
17.2.3.4 Certifications
17.2.4 Ford Motor Company
17.2.4.1 Company Overview
17.2.4.2 Product Portfolio
17.2.4.3 Demographic Reach and Achievements
17.2.4.4 Certifications
17.2.5 Hyundai Motor Company
17.2.5.1 Company Overview
17.2.5.2 Product Portfolio
17.2.5.3 Demographic Reach and Achievements
17.2.5.4 Certifications
17.2.6 Others
18 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Asia Pacific Hybrid Vehicle Market: Key Industry Highlights, 2018 and 2032
2. Australia Hybrid Vehicle Market: Key Industry Highlights, 2018 and 2032
3. Australia Hybrid Vehicle Historical Market: Breakup by Vehicle Type (Thousand Units), 2018-2023
4. Australia Hybrid Vehicle Market Forecast: Breakup by Vehicle Type (Thousand Units), 2024-2032
5. Australia Hybrid Vehicle Historical Market: Breakup by Electric Powertrain Type (Thousand Units), 2018-2023
6. Australia Hybrid Vehicle Market Forecast: Breakup by Electric Powertrain Type (Thousand Units), 2024-2032
7. Australia Hybrid Vehicle Historical Market: Breakup by Component (Thousand Units), 2018-2023
8. Australia Hybrid Vehicle Market Forecast: Breakup by Component (Thousand Units), 2024-2032
9. Australia Hybrid Vehicle Historical Market: Breakup by Hybridization (Thousand Units), 2018-2023
10. Australia Hybrid Vehicle Market Forecast: Breakup by Hybridization (Thousand Units), 2024-2032
11. Australia Hybrid Vehicle Historical Market: Breakup by Propulsion (Thousand Units), 2018-2023
12. Australia Hybrid Vehicle Market Forecast: Breakup by Propulsion (Thousand Units), 2024-2032
13. Australia Hybrid Vehicle Historical Market: Breakup by Region (Thousand Units), 2018-2023
14. Australia Hybrid Vehicle Market Forecast: Breakup by Region (Thousand Units), 2024-2032
15. Australia Hybrid Vehicle Market Structure
Key Questions Answered in the Report
In 2023, the hybrid vehicle market in Australia attained 101.43 thousand units.
The market is expected to grow at a CAGR of 15.8% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to attain 389.84 thousand units by 2032.
The market is being driven due to increasing demand for environmentally friendly transportation options, government regulations promoting the adoption of hybrid vehicles, and the availability of a wide range of hybrid vehicles from various manufacturers.
Key trends aiding the market expansion include the growing investments in developing charging infrastructure across the country, preference for fully hybrid or mild hybrid vehicles among consumers, and enactment of stringent emission and fuel economy regulations.
Regions considered in the market are New South Wales, Victoria, Queensland, Western Australia, and Australian Capital Territory, among others.
Based on hybridisation, the market segmentations include plug-in hybrid, mild hybrid, and fully hybrid.
In terms of electric powertrain type, the market comprises series hybrid, parallel hybrid, and power split hybrid.
Key players in this market include Honda Motor Co., Ltd., Mercedes-Benz Group AG, Toyota Motor Corporation, Ford Motor Company, and Hyundai Motor Company, among others.
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