Global demand for light hybrid-electric vehicles (HEVs) will grow rapidly through 2013 to 4.5 million units. Gains will be driven by rising energy costs, more stringent emissions laws and declining costs relative to other light vehicles. The US will be the largest market, followed by Western Europe and Asia/Pacific.
This study analyzes the 95,000 unit world light HEV industry. It presents historical demand data for 1998 and 2003 and forecasts to 2008, 2013 and 2020 by type (full hybrid, mild hybrid); by market segment (passenger car, light truck); by world geographic region and for ten leading countries.
The study also examines the market environment, makes competitive and market assessments, reviews technology, details industry structure and market share, and profiles 30 major producers including Toyota, Honda, Sanyo, and Aisin Seiki.