Hybrid Drivetrain Market Revenue Statistics and Growth Prediction 2021 to 2027

By Ronak Bora

Global hybrid drivetrain market growth graph is projected to outline an upward trend by leveraging the increasing prominence of hybrid cars. These vehicles are gaining immense popularity owing to their extraordinary fuel efficiency, easier maintenance and lower environmental impact. These vehicles use an alternate power source together with traditional energy sources to generate a momentum which further reduces the fuel consumption.  
Advanced hybrid drivetrains are increasingly witnessing technological advancements which are further bolstering the overall market outlook. Taking July 2019 for instance, where Toyota reportedly announced the development of its second hybrid transmission at the TMMP plant located in Walbrzych, Poland.
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The mild HEV segment is anticipated to show the fastest growth as it offers various mechanical advantages. These vehicles contain electric motor that provides engine assistance of mild levels which offer a more refined and smoother driving operation.
They possess more agility when compared to their full combustion counterparts since they use recuperated electric energy that improves engine acceleration.
Mild HEVs are also observing heavy demand as they increase engine life by reducing mechanical stress and engine load, particularly in urban driving conditions.   
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.
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.
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.
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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 hybrid drivetrain 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    Market estimates and forecast, by region, 2017 - 2027
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About Author

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for Technology Magazine and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and sport....

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