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• Top manufactures:
a)Toyota: Prius, Camry, RX 400h, Highlander, GS
450h, LS600hL
b) Honda: Civic, Accord, Insight
c)Ford
d)GM
e)Nissan: Altima
• Top registered countries:
o USA - 62%
o Japan -17%
o Canada -4%
o UK -3%
o Netherlands -2%
Hybrid car market outlook
• US remains the largest hybrid car market that accounted for nearly
70% of global hybrid sales in 2009 largely due to volatile oil prices &
increased environmental awareness.
• Mass adoption of hybrid cars especially in US will provide immense
opportunities for the hybrid players.
• Toyota & Honda are the leading players in the global hybrid market.
In global hybrid car industry, strategies differ from player to player.
• Because of their higher initial cost, the market share of hybrids is
likely to be limited to half or less than half of all light-duty vehicles
even in the long-run, unless policy and market conditions change
significantly in its favor.
• Strategies of the two big players:
a)Toyota
b) Honda
Hybrid car market forecast
• Sales recorded by the global hybrid vehicles market are
expected to surge at a CAGR of around 12% during
2008-2015.
• Hybrid cars sales in the US market are likely to cross 1
Million Mark by 2012.
• Hybrid vehicle production in Japan is projected to hit a
CAGR of 6.6% from 2008 to 2011.
• HEV battery market is likely to attain a CAGR growth
rate of around 10.4% during the period spanning from
2010 to 2015.
• Hybrid car component market is expected to grow at a
CAGR of 17.4% during 2008-2012.
Adoption Of Hybrid Cars
Reasons for Adoption: