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Report

Europe Hybrid Vehicle Market Report and Forecast 2025-2034

Market Report I 2025-05-28 I 130 Pages I EMR Inc.

The Europe hybrid vehicle market attained a volume of 5.58 Million Units in 2024. The industry is expected to grow at a CAGR of 8.30% during the forecast period of 2025-2034 to attain a volume of 12.39 Million Units by 2034.

Europe Hybrid Vehicle Market Growth

Growth in the Europe hybrid vehicle market is boosted by full hybrid vehicles which feature more robust electric motors for enhanced performance.

Full hybrids are also called self-charging hybrids. They have a stronger electric motor and battery system than mild hybrids. Full hybrids can run on electricity only at slow speeds, usually while driving through cities or in heavy traffic. Based on current driving conditions, they smoothly switch between the internal combustion engine and the electric motor to reduce fuel consumption and emissions.

Hybrid vehicles in the domestic region are likely to do well given government subsidies and rising concerns among citizens regarding sustainability and climate change. As of May 2024, BMW planned to invest USD 2.8 billion in China.

Plug-in hybrid vehicles (PHEVs) provide the longest range of all kinds of hybrid cars that can be driven on electricity alone. This type of car has larger battery packs which can be recharged by plugging into an external electrical source such as a wall socket or charging station. As more charging stations appear throughout Europe together with incentives for buying EVs being offered by governments hybrid electric vehicles are likely to do well.

Europe Hybrid Vehicle Market Segmentation

Europe Hybrid Vehicle Market Report and Forecast 2025-2034 offers a detailed analysis of the market based on the following segments:

Market Breakup by Electric Powertrain Type:

- Parallel
- Series-Parallel

Market Breakup by Hybrid Type:

- Micro Hybrid
- Mild Hybrid
- Full Hybrid
- Plug-in Hybrid

Market Breakup by Vehicle Type:

- Passenger Cars
- Commercial Vehicles

Market Breakup by Country:

- Germany
- United Kingdom
- France
- Italy
- Others

Europe Hybrid Vehicle Market Share

Passenger cars lead growth in the hybrid vehicle market in Europe given that they are equipped with both an internal combustion engine and an electric motor, they are gaining popularity owing to increasing environmental awareness and government incentives along with stricter environmental regulations regarding emissions.

Leading companies in the Europe Hybrid Vehicle Market

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.

- BMW AG

- Ford Motors Company

- Mercedes Benz Group AG

- Hyundai Motor Company

- Kia Motors Corporation

- Toyota Motor Corporation

- Volvo AB

- Volkswagen AG

- Honda Motor Co. Ltd.

- Nissan Motor Co. Ltd.

- Dr. Ing. h.c. F. Porsche AG

- Others

Growing outreach by major market players is largely due to technological advancements which help enhance battery energy density, charging efficiency, and battery longevity. Emphasis on sustainability and government incentives for the purchase of hybrid vehicles also helps the industry grow.

1 Executive Summary
1.1 Market Size 2024-2025
1.2 Market Growth 2025(F)-2034(F)
1.3 Key Demand Drivers
1.4 Key Players and Competitive Structure
1.5 Industry Best Practices
1.6 Recent Trends and Developments
1.7 Industry Outlook
2 Market Overview and Stakeholder Insights
2.1 Market Trends
2.2 Key Verticals
2.3 Key Countries
2.4 Supplier Power
2.5 Buyer Power
2.6 Key Market Opportunities and Risks
2.7 Key Initiatives by Stakeholders
3 Economic Summary
3.1 GDP Outlook
3.2 GDP Per Capita Growth
3.3 Inflation Trends
3.4 Democracy Index
3.5 Gross Public Debt Ratios
3.6 Balance of Payment (BoP) Position
3.7 Population Outlook
3.8 Urbanisation Trends
4 Country Risk Profiles
4.1 Country Risk
4.2 Business Climate
5 Global Hybrid Vehicle Market Overview
5.1 Key Industry Highlights
5.2 Global Hybrid Vehicle Historical Market (2018-2024)
5.3 Global Hybrid Vehicle Market Forecast (2025-2034)
5.4 Global Hybrid Vehicle Market Share by Region
5.4.1 North America
5.4.2 Europe
5.4.3 Asia Pacific
5.4.4 Latin America
5.4.5 Middle East and Africa
6 Europe Hybrid Vehicle Market Overview
6.1 Key Industry Highlights
6.2 Europe Hybrid Vehicle Historical Market (2018-2024)
6.3 Europe Hybrid Vehicle Market Forecast (2025-2034)
7 Europe Hybrid Vehicle Market by Electric Powertrain Type
7.1 Parallel
7.1.1 Historical Trend (2018-2024)
7.1.2 Forecast Trend (2025-2034)
7.2 Series-Parallel
7.2.1 Historical Trend (2018-2024)
7.2.2 Forecast Trend (2025-2034)
8 Europe Hybrid Vehicle Market by Hybrid Type
8.1 Micro Hybrid
8.1.1 Historical Trend (2018-2024)
8.1.2 Forecast Trend (2025-2034)
8.2 Mild Hybrid
8.2.1 Historical Trend (2018-2024)
8.2.2 Forecast Trend (2025-2034)
8.3 Full Hybrid
8.3.1 Historical Trend (2018-2024)
8.3.2 Forecast Trend (2025-2034)
8.4 Plug-in Hybrid
8.4.1 Historical Trend (2018-2024)
8.4.2 Forecast Trend (2025-2034)
9 Europe Hybrid Vehicle Market by Vehicle Type
9.1 Passenger Cars
9.1.1 Historical Trend (2018-2024)
9.1.2 Forecast Trend (2025-2034)
9.2 Commercial Vehicles
9.2.1 Historical Trend (2018-2024)
9.2.2 Forecast Trend (2025-2034)
10 Europe Hybrid Vehicle Market by Country
10.1 Germany
10.1.1 Historical Trend (2018-2024)
10.1.2 Forecast Trend (2025-2034)
10.2 United Kingdom
10.2.1 Historical Trend (2018-2024)
10.2.2 Forecast Trend (2025-2034)
10.3 France
10.3.1 Historical Trend (2018-2024)
10.3.2 Forecast Trend (2025-2034)
10.4 Italy
10.4.1 Historical Trend (2018-2024)
10.4.2 Forecast Trend (2025-2034)
10.5 Others
11 Market Dynamics
11.1 SWOT Analysis
11.1.1 Strengths
11.1.2 Weaknesses
11.1.3 Opportunities
11.1.4 Threats
11.2 Porter's Five Forces Analysis
11.2.1 Supplier's Power
11.2.2 Buyer's Power
11.2.3 Threat of New Entrants
11.2.4 Degree of Rivalry
11.2.5 Threat of Substitutes
11.3 Key Indicators of Demand
11.4 Key Indicators of Price
12 Competitive Landscape
12.1 Supplier Selection
12.2 Key Global Players
12.3 Key Regional Players
12.4 Key Player Strategies
12.5 Company Profiles
12.5.1 BMW AG
12.5.1.1 Company Overview
12.5.1.2 Product Portfolio
12.5.1.3 Demographic Reach and Achievements
12.5.1.4 Certifications
12.5.2 Ford Motors Company
12.5.2.1 Company Overview
12.5.2.2 Product Portfolio
12.5.2.3 Demographic Reach and Achievements
12.5.2.4 Certifications
12.5.3 Mercedes Benz Group AG
12.5.3.1 Company Overview
12.5.3.2 Product Portfolio
12.5.3.3 Demographic Reach and Achievements
12.5.3.4 Certifications
12.5.4 Hyundai Motor Company
12.5.4.1 Company Overview
12.5.4.2 Product Portfolio
12.5.4.3 Demographic Reach and Achievements
12.5.4.4 Certifications
12.5.5 Kia Motors Corporation
12.5.5.1 Company Overview
12.5.5.2 Product Portfolio
12.5.5.3 Demographic Reach and Achievements
12.5.5.4 Certifications
12.5.6 Toyota Motor Corporation
12.5.6.1 Company Overview
12.5.6.2 Product Portfolio
12.5.6.3 Demographic Reach and Achievements
12.5.6.4 Certifications
12.5.7 Volvo AB
12.5.7.1 Company Overview
12.5.7.2 Product Portfolio
12.5.7.3 Demographic Reach and Achievements
12.5.7.4 Certifications
12.5.8 Volkswagen AG
12.5.8.1 Company Overview
12.5.8.2 Product Portfolio
12.5.8.3 Demographic Reach and Achievements
12.5.8.4 Certifications
12.5.9 Honda Motor Co. Ltd.
12.5.9.1 Company Overview
12.5.9.2 Product Portfolio
12.5.9.3 Demographic Reach and Achievements
12.5.9.4 Certifications
12.5.10 Nissan Motor Co. Ltd.
12.5.10.1 Company Overview
12.5.10.2 Product Portfolio
12.5.10.3 Demographic Reach and Achievements
12.5.10.4 Certifications
12.5.11 Dr. Ing. h.c. F. Porsche AG
12.5.11.1 Company Overview
12.5.11.2 Product Portfolio
12.5.11.3 Demographic Reach and Achievements
12.5.11.4 Certifications
12.5.12 Others

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