Hybrid Drivetrain Market Size | COVID-19 Impact Analysis | Forecast to 2027

The global hybrid drivetrain market is anticipated to grow at a considerable CAGR of 26.5% during the forecast period (2021-2027). The advancement in technology is expected to fuel the global hybrid drivetrain market. Due to advanced technology in EVs there are several plug-in hybrid and battery EV options available in the market and various companies are launching new products. For instance, in September 2021, Dacia launched first hybrid with jogger compact crossover using Renault’s E-tech system. Dacia revealed that the drivetrain in hybrid version will produce 140 hp in the Clio and it will be affordable seven seater hybrid in the market. The Renault’s e-tech system provides 80 percent of urban driving in electric-only made and save 40 percent of fuel compared to gasoline drivetrain. 

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Further, in November 2021, Punch Powertrain Launched its e-propulsion technology kit, which offered automobile producers wide range of e-drive configuration options. The features in the e-propulsion technology kit are the result of growing need for sustainable powertrain technology. Due to sustainability, the global demand for EV and hybrid vehicle is expected to increase during the forecast period as a result of which various companies are focusing on launching innovative and advanced vehicles   to remain competitive in the market. 

Market Coverage

·        The market number available for – 2020-2027

·        Base year- 2020

·        Forecast period- 2021-2027

Segment Covered- 

·        By Type

·        By Component

·        By Degree of Hybridization

Regions Covered-

·        North America

·        Europe

·        Asia-Pacific

·        Rest of the World

Competitive Landscape- Autovia Ltd., BAE Systems, BorgWarner Inc., ContiTech AG, Ford Motor Co., Honda Motor Co., Ltd., Jaguar Land Rover Automotive Plc, Toyota Motor Corp., Vantage Power Ltd., ZF Friedrichshafen AG, and others.

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Global Hybrid Drivetrain Market Report by Segment

By Type

             Series Drivetrains

             Parallel Drivetrains

             Series-parallel Drivetrains 

By Component

             Electric Motor

             Power Electronics

             Controller

             Inverter/Converter

             Battery Pack 

By Degree of Hybridization

             Mild HEV

             Full HEV 

             PHEV 

Global Hybrid Drivetrain Market Report by Region

North America

·        United States

·        Canada

Europe

·        UK

·        Germany

·        Spain

·        France

·        Italy

·        Rest of Europe

Asia-Pacific

·                  India

·                  China

·                  Japan

·                  South Korea

·                  Rest of APAC

Rest of the World

·        Latin America 

·        Middle East & Africa

Company Profiles 

·        Allison Transmission, Inc.

·        Autovia Ltd.

·        BAE Systems

·        BorgWarner Inc.

·        ContiTech AG

·        Hofer Powertrain

·        Honda Motor Co., Ltd.

·        Jaguar Land Rover Automotive Plc

·        Magna International Inc.

·        Marelli Holdings Co., Ltd.

·        Obrist Powertrain GmbH

·        Texas Instruments Inc.

·        Vantage Power Ltd.

·        Voith GmbH & Co.

·        ZF Friedrichshafen AG

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About Orion Market Research 

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

Media Contact:

Company Name: Orion Market Research

Contact Person: Mr. Anurag Tiwari

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