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Global Hybrid Cars Market to be Driven by Increasing Demand for Alternative Fuel Vehicles

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A new market research study by Transparency Market Research, titled “Hybrid Cars Market - Global Industry Analysis, Size, Share, Trends, Analysis, Growth and Forecast 2014 – 2020,” offers a detailed analysis of the market, including the product segm
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Hybrid Cars Market - Global Industry
Analysis, Size, Share, Trends, Analysis,
Growth and Forecast 2014 - 2020
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REPORT DESCRIPTION
A new market research study by Transparency Market Research, titled “Hybrid Cars Market - Global Industry
Analysis, Size, Share, Trends, Analysis, Growth and Forecast 2014 – 2020,” offers a detailed analysis of the
market, including the product segmentation, major geographical segments, current trends, growth drivers, and
competitive scenario of the market. The historical data and forecast statistics of the global market for hybrid cars
have been included in the scope of the research study with the help of charts, tables, infographics, and graphs.
Browse Hybrid Cars Market Report with Full TOC at : http://www.transparencymarketresearch.com/hybridcars-market.html
A hybrid car or vehicle makes use of two or more distinct types of power, including an electric motor and internal
combustion engine. The other means to store energy in a hybrid car is pressurized fluid, in hydraulic hybrids. The
growing demand for vehicles running on alternative fuels has stimulated the need for hybrid vehicles, particularly in
developing automobile hubs. These cars offer higher fuel efficiency in comparison with vehicles running on
conventional fuels such as diesel and petrol. These are some of the major factors augmenting the growth of the
global hybrid cars market. However, the availability of other options for economical fuel including LPG and CNG is
estimated to hamper the growth of the market.
The growing demand for hybrid cars globally has encouraged several automobile companies to develop and
introduce new models. Currently, there are numerous models available in the global hybrid cars market. The Toyota
Prius accounts for the largest share in the overall market. Furthermore, the Ford Fusion holds the second position in
the global market. The increasing participation of automotive companies is anticipated to result in a significant
number of new models with increased efficiency and advanced technology in the near future.
Presently, the developed economies across the globe are the major markets for hybrid cars. North America is
expected to be the largest market for hybrid cars in the next few years. Furthermore, the Europe market for hybrid
cars is estimated to grow significantly, owing to the attractive government rebates and stringent environmental
regulation in this region, which have encouraged several automobile industry players to make investments in this
market. The Middle East and Asia Pacific are considered high-potential markets for hybrid cars and are projected to
witness rapid growth throughout the forecast period.
Several vehicle companies worldwide have developed efficient models so as to attract consumers. Even supercar
manufacturers such as Ferrari have developed new hybrid car models, encouraging more consumers to invest in the
global market for hybrid cars. Some of the prominent players operating in the market are Hyundai Motor Company,
Honda Motor Corporation, Nissan Motor Company, Toyota Motor Corporation, and Chevrolet.
About Us
Transparency Market Research (TMR) is a market intelligence company providing global business research
reports and consulting services. Our exclusive blend of quantitative forecasting and trends analysis
provides forward-looking insights for thousands of decision-makers.
TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources along with
various tools and techniques to gather and analyze information. Our business offerings represent the latest
and the most reliable information which is indispensable for businesses to sustain their competitive edge.
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Browse Hybrid Cars Market Report with Full TOC at :
http://www.transparencymarketresearch.com/hybrid-cars-market.html
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