Hybrid Drivetrain Market Insights With Revenue Statistics And Growth Prediction Till 2027
Hybrid Drivetrain Market is witnessing the development of a slew of innovative products, as companies partaking in the market are vying to gain an edge over the market. Some of the leading hybrid drivetrain industry players are BAE Systems, Aisin Seiki, Delphi Automotive, Denso, Continental AG, Magna International, JATCO Ltd., ZF Friedrichshafen, and Hofer Powertrain.
Global hybrid drivetrain market outlook is driven by growing sales of hybrid vehicles. Hybrid vehicles use an alternate power source along with conventional sources to produce momentum and minimize fuel consumption. With enactment of stringent regulations to curb vehicular emission and reduce carbon footprint, automotive OEMs are incorporating more electric components in cars, which is triggering hybrid drivetrains industry demand. Hybrid drivetrains offer a range of benefits, such as low fuel consumption and less emission.
Get sample copy of this research report @ https://www.decresearch.com/request-sample/detail/4495
On the basis of type, hybrid drivetrain market is fragmented into parallel, series, and series-parallel. Among these, series-parallel segment is likely to observe significant growth and push hybrid drivetrain industry growth. Series-parallel system divides the engine power into 2 paths; one travels to the generator for electricity production, while other offers momentum to the wheels through a mechanical gear. The system is capable of utilizing maximum power and bridges the gaps of engine torque with electric power.
Hybrid drivetrains are experiencing maximum installation in mild HEV cars. Mild HEVs are equipped with electric motors, which deliver mid-level engine assistance for easy and refined operations. Mild HEVs provide more agility as compared to full combustion counterparts as they utilize recuperated electric energy that provides improved engine acceleration. Hybrid drivetrains also prolong engine life by minimizing mechanical stress and engine load, mainly in urban driving conditions.
The level of carbon dioxide in the atmosphere is rising at an alarming rate, creating atmospheric imbalance. As per the American Meteorological Society, the number of carbon dioxide molecules has catapulted to 408 PPM in the year 2019 from 368 Parts Per Million (PPM) in the year 1998. In the direction of limiting environmental impact, people have started driving eco-friendly vehicles, which has resulted in significant escalation in hybrid drivetrain market share. To minimize environmental pollution, governments across the globe are introducing incentive plans to encourage clean vehicle adoption. For example, in February 2019, the government of India introduced a subsidy program worth $1.4 billion, to encourage the adoption of electric and hybrid vehicles.
With hybrid vehicles gaining traction in the region, Europe Hybrid Drivetrain Market is dominating the regional hierarchy. For example, in September 2019, BMW introduced a mild-hybrid variant for 5 series automobiles. The vehicle is equipped with secondary battery and 48V starter-generator, that enhances the regenerative braking system of the vehicles and improves operation. Later, in January 2020, the company announced roll out of plug-in hybrid vehicle models, including BMW X2 xDrive25e and BMW X1 xDrive25e.
Request for a Customization of this research report @ https://www.decresearch.com/roc/4495
Partial Chapter of the Table of Content
Chapter 4 Hybrid Drivetrain Market, By Level
4.1 Global hybrid drivetrain market insights, by level
4.2 Mild HEV
4.2.1 Global market estimates and forecasts, 2017 - 2027
4.2.2 Market estimates and forecast, by region, 2017 - 2027
4.3 Full HEV
4.3.1 Global market estimates and forecasts, 2017 - 2027
4.3.2 Market estimates and forecast, by region, 2017 – 2027
4.4 PHEV
4.4.1 Global market estimates and forecasts, 2017 - 2027
4.4.2 Market estimates and forecast, by region, 2017 - 2027
Chapter 5 Hybrid Drivetrain Market, By Type
5.1 Global market insights, by type
5.2 Series
5.2.1 Global market estimates and forecasts, 2017 - 2027
5.2.2 Market estimates and forecast, by region, 2017 - 2027
5.3 Parallel
5.3.1 Global market estimates and forecasts, 2017 - 2027
5.3.2 Market estimates and forecast, by region, 2017 – 2027
5.4 Series Parallel
5.4.1 Global market estimates and forecasts, 2017 - 2027
5.4.2 Hybrid drivetrain market estimates and forecast, by region, 2017 - 2027
Browse complete Table of Contents (ToC) of this research report @ https://www.decresearch.com/toc/detail/hybrid-drivetrain-market