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Hybrid Drivetrain Market Share

Report ID: GMI4495
Published Date: Jun 2021
Report Format: PDF

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Hybrid Drivetrain Market Share

The hybrid drivetrain market is consolidated with the top ten players holding a significant share. Companies are involved in collaboration with hybrid electric vehicle manufacturers to have a competitive advantage over other players. Manufacturers are developing advanced solutions for high-performance electric vehicles to strengthen their market position.

Some of the key manufacturers of the industry are

BAE Systems
Aisin Seiki
Delphi Automotive
ZF Friedrichshafen
BorgWarner Inc.
Continental AG
Hofer Powertrain
Denso
JATCO Ltd.
Magna International
Obrist Powertrain
Punch Powertrain Nanjing

Authors: Preeti Wadhwani, Aishvarya Ambekar

Frequently Asked Questions (FAQ) :

The hybrid drivetrain market revenue valued at around USD 80.69 billion in 2020 and will grow at a CAGR of over 27.2% up to 2027.

The hybrid drivetrain industry share from the PHEV level segment could surpass USD 60 billion by 2027 due to the higher sales and production of plug-in hybrid electric vehicles over the past few years.

Demand for series-parallel type hybrid drivetrains reached nearly 65% of the overall market share in 2020 and will grow with the rising need for higher operational output.

Battery components are pegged to record close to 50% of the hybrid drivetrain market share by 2027 with higher adoption in electric vehicles.

Europe hybrid drivetrain industry size is poised to expand at a 25% CAGR up to 2027 driven by the rise in the number of government policies and initiatives for low and zero-emission vehicles in the region.