LONDON–(BUSINESS WIRE)–Technavio has published a new report on the hybrid
electric vehicles (HEVs) market in the US, which is
expected to grow at a CAGR of more than 14% from 2015-2019.
Hybrid electric vehicles market segmentation by battery type
Technavio’s report analyses the solutions and products offered by market
vendors and presents a comprehensive breakdown in terms of market
segmentation for different types of battery, including Li-ion battery
HEVs and other battery HEVs.
The latest report by Technavio discusses HEVs with remote monitoring
systems, which enable consumers to map their location and help them in
navigating heavy traffic areas. HEVs are also equipped with a data
acquisition system that helps monitor the abilities of the driver by
reducing the possibility of an accident.
“Hybrid electric vehicles are also enabled with smartphone applications
that help the driver locate nearby charging stations,” says Faisal
Ghaus, Vice President of Technavio.
Hybrid electric vehicles: Market scope and calculation of market size
This report covers the present scenario and growth prospects for the
hybrid electric vehicles market in the US from 2015-2019. To calculate
market size, the report considers the unit shipments of hybrid electric
cars in the market.
Industry analysis includes:
- Ford Motor Co.
- Honda Motor Co. Ltd.
- Hyundai Motor Co.
- Toyota Motor Corp.
- Volkswagen AG
Market Growth Drivers:
- High Conversion Efficiency of Li-ion-fueled HEVs
- Decreasing Cost of Li-ion Batteries
- Threat from PHEVs
- High Cost of HEVs
- Emergence of HEVs with Remote Monitoring Systems
- Advantages of Li-ion Batteries
View the hybrid
electric vehicles (HEVs) market in the US report.
Technavio currently has
more than 3000 market research reports on a huge range of topics,
including 300+ reports on the electric vehicles market:
Hybrid Electric Vehicles (HEVs) Market 2015-2019
Vehicle (EV) Market in the US 2015-2019
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