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Historical Year
Forecast Year
The Middle East and Africa Hybrid Vehicle market is projected to grow at a CAGR of 17.7% between 2024 and 2032.
In the parallel hybrid powertrain configuration, both the internal combustion engine (ICE) and the electric motor can simultaneously provide power to the vehicle’s wheels. This setup gives users the flexibility to switch between electric and conventional driving modes, optimising fuel efficiency and reducing emissions. The parallel design is popular due to its ability to enhance performance without compromising driving range, making it a preferred choice for many passenger and commercial hybrid vehicles.
In May 2024, Automobili Lamborghini launched its first plug-in hybrid super SUV, the Urus SE, in the United Arab Emirates through an exclusive event at One&Only One Za'abeel in Dubai. The Urus SE featured an 800 CV hybrid powertrain engine, optimised aerodynamics, and advanced technology, offering improved performance and an 80% reduction in overall emissions. This marked a significant step in Lamborghini's electrification and decarbonisation strategy.
The Series-Parallel Hybrid powertrain offers greater flexibility by combining elements of both series and parallel systems. In this configuration, the vehicle can operate in electric-only mode, ICE-only mode, or a combination of both. This dual capability provides better fuel efficiency and reduced emissions across various driving conditions. The series-parallel hybrid is particularly advantageous in urban environments where there are frequent stoppages, maximising the benefits of electric power and regenerative braking. As technology advances, the series-parallel configuration is expected to play a significant role in the growth of the hybrid vehicle market.
Middle East and Africa Hybrid Vehicle Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:
Market Breakup by Electric Powertrain Type
Market Breakup by Hybrid Type
Market Breakup by Vehicle Type
Market Segmentation by Country
The hybrid vehicle market is divided into two main segments, i.e., passenger cars and commercial vehicles. As consumer demand for environmentally friendly transportation increases and stricter regulatory pressures for lower emissions intensify, this market is expected to continue its growth during the forecast period. Advances in technology, such as improved battery performance and increased fuel efficiency, will further drive the adoption of hybrid vehicles across both segments.
The report provides a detailed analysis of the following key players in the market, covering their competitive landscape and the latest developments like mergers and acquisitions, investments, and capacity expansion.
Major players in the Hybrid Vehicle market focus on innovation and fuel efficiency. They aim to reduce emissions and expand model offerings. Additionally, they prioritize enhancing battery technology and improving overall vehicle performance.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Electric Powertrain Type |
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Breakup by Hybrid Type |
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Breakup by Vehicle Type |
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Breakup by Region |
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Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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*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.*
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The market is projected to grow at a CAGR of 17.7% between 2024 and 2032.
The hybrid vehicle market is categorised into parallel and series-parallel.
The key players in the key players in the hybrid vehicle market are BMW AG, Ford Motors Company, Mercedes-Benz Group AG, Hyundai Motor Company, Toyota Motor Corporation, Volvo AB, Honda Motor Co. Ltd., Subaru Corporation, Volkswagen AG, and Stellantis NV (Peugeot), among others.
Based on the hybrid type, the market is divided into micro hybrid, mild hybrid, full hybrid and plug-in hybrid.
Based on country, the market is broken down into Saudi Arabia, United Arab Emirates, Nigeria, and South Africa, among others.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
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