市場調查報告書
商品編碼
1453684
微混合動力汽車市場評估:依電池容量、電池類型、車型和地區劃分的機會和預測(2017-2031)Micro Hybrid Vehicles Market, By Battery Capacity, By Battery Type, By Vehicle Type, By Type, By Region, Opportunities and Forecast, 2017-2031F |
全球微混合動力車市場規模將從2023年的260.9億美元成長到2031年的372.2億美元,在2024年至2031年的預測期內複合年增長率為4.54%。
為了應對日益增長的環境問題,世界各地的當局正在實施生態解決方案。世界各國都在努力透過引進氫動力汽車、電動車、混合動力車和微混合動力車來減少二氧化碳排放。市場的主要驅動力之一是 48V 微混合系統在各個車輛領域的集成,旨在提高燃油效率、減少排放並提高整體性能。電池技術的進步和消費者意識的提高也推動了微混合系統的成長。
不斷上漲的燃油價格和對節能車輛的需求正在推動市場成長:
俄烏戰爭、貿易關稅、制裁等多項事件影響了全球油價,混合動力和微混合動力汽車產業蓬勃發展。微混合動力車在世界各地迅速增長,除了政府的舉措外,許多消費者還認為它們是電動車的更有價值的選擇或替代品,因為它們提高了燃油效率。這是由於其良好的品質和零件共享與普通的 ICE 汽車。此外,這些車輛的優點是不必擔心續航里程,並且維護和運營成本較低,因此預計在預測期內這些車輛的採用率將會增加。
重型汽車的整合預計將推動市場成長:
SUV和卡車等大型車輛開始配備微混合動力技術,以應對消費者對燃油效率的擔憂。微混合動力汽車的日益普及將擴大消費者的選擇範圍。大型車輛中的微型混合動力裝置可在不犧牲動力的情況下提高燃油經濟性。
不斷增加的技術投資預計將推動市場成長:
支持微混合動力的技術正在不斷發展。從啟停到啟停,微混合動力已經發展到具有再生煞車的扭矩輔助。此外,正在開發被動升壓技術,其中放置在引擎和變速箱之間的啟動器/發電機單元取代了傳統的交流發電機和啟動馬達設定。
該報告調查了全球微混合動力汽車市場,並提供了市場定義和概述、市場規模趨勢和預測、各個細分市場和地區的詳細分析、行業結構、影響市場增長的因素分析以及案例研究、主要公司簡介等
Global micro hybrid vehicles market is projected to witness a CAGR of 4.54% during the forecast period 2024-2031, growing from USD 26.09 billion in 2023 to USD 37.22 billion in 2031. A micro hybrid car is made up of an electric motor and a combustion engine. Unlike other top hybrid vehicles, the electric motor in a micro hybrid is too small to drive the vehicle on its own (usually 12V or 48V). Micro Hybrid serves mostly as a supplementary role, assisting in maximizing engine performance and fuel efficiency. It can be considered as vehicles between a standard gas or diesel automobile and self-charging hybrid vehicles. These vehicles, like self-charging fully hybrid vehicles, never need to be plugged in to a charger, but the efficiency gains and power assistance are limited due to the modest electric motor and battery configuration.
Authorities all over the world are implementing eco-solutions to address the growing environmental concerns. Nations are attempting to reduce their carbon emissions by introducing hydrogen vehicles, electric vehicles, hybrid vehicles, and micro hybrid vehicles. One of the key drivers of the market is integration of 48V micro hybrid systems in various vehicle segments to enhance fuel efficiency, reduce emissions, and improve overall performance. Additionally, advancements in battery technology and increasing consumer awareness are propelling the growth of micro hybrid systems. A notable trend is the adoption of 48V micro hybrid systems in premium vehicle segments, driven by higher power requirements and demand for advanced features. Moreover, the market is experiencing consolidation among key players, leading to the development of more efficient systems.
Higher Fuel Prices and Need for Fuel-Efficient Vehicles to Fuel the Market Growth
Several incidents like the Russia-Ukraine war, trade tariffs, and sanctions have impacted global crude oil prices, flourishing the hybrid and micro hybrid industry. Micro hybrid vehicles are growing at a very fast rate all over the world, apart from the government efforts, many consumers consider it as a most valuable option or substitute over electric vehicles because of their better fuel efficiency and part sharing with regular ICE vehicles. These vehicles keep consumers free from range anxiety. The lower maintenance and operational costs are working in the favor of these vehicles and hence the adoption is likely to follow the upward trajectory during the forecast period. Like fully hybrid cars, MHEVs come in a variety of powertrain architectures, which are primarily distinguished by the location of the electric motor. As a result, the systems have varying prices and advantages in terms of lowering CO2 and other pollution emissions.
Fuel prices have seen a significant increase in prices in past few years. In the period of two years from June 2021 to June 2023, prices of petrol in India rose around 2.36%, while the hikes in Bangladesh, Nepal, Pakistan, and Sri Lanka were, respectively, 50.83%, 30.11%, 79.61%, and 42.39. In terms of major economies, annual fuel price increase in the United States was 30.15%, followed by France, Germany, Italy, Spain, the United Kingdom, and Canada, which increased by 22.67%, 19.08%, 14.68%, 17%, 10.93%, and 24.17%, respectively.
Integration Into Large Vehicles is Expected to Propel Market Growth
Larger cars like SUVs and trucks had started to come equipped with micro hybrid technology in response to consumer concerns about fuel economy in these sectors. A larger range of options for consumers is made possible by the increased usage of micro hybrids. The Micro Hybrid setup in large vehicles offers better mileage without compromising on power. It solves low efficiency issues concerned with large vehicles for better fuel consumption and power delivery, along with better fuel efficiency electric motor integrated with micro hybrid system providing torque assist for better power delivery even when the engine is running at low RPMs.
In November 2023, Toyota launched Micro hybrid version of its popular Hilux pickup in the European market. The powertrain setup claims to offer better performance and increased fuel economy compared to its ICE-focused diesel model. The setup claims to offer a smooth start-stop transition and around a 10% increase in fuel efficiency from the regular ICE model.
Growing Technological investments are expected to Drive the Market Growth
The technology behind micro hybrids is constantly evolving. From idle to start stop micro hybrids had evolved towards regenerative braking torque assist. Additionally, there is a development of passive boost technology, in this a combined starter/generator unit that is positioned in-between the engine and the gearbox replaces the conventional alternator and starting motor setup. The passive boost function reverses the generator polarity to convert the generator into a motor and utilizes a high-voltage battery to assist with the acceleration of the vehicle.
For instance, in January 2024, Maruti Suzuki India Ltd. re-launched the Maruti Brezza with its smart hybrid technology known as SHVS, coupled with manual and automatic transmission. The vehicle claims to have a 19.89km/l range, increasing the mileage and the power by torque assistance.
Torque Assist Feature is Expected to Increase the Sales of 48V Battery Capacity Hybrid Vehicles
The instantaneous total system power can be increased by using an electric motor (EM). The torque-assist feature can be used to downsize engines, the smaller engines are utilized along with EM while keeping performance the same and enhancing vehicle acceleration. It can enable engine down-speeding for increased efficiency without sacrificing performance. The potential advantage of the setup is mostly correlated with the electric motor and battery pack's peak power.
From January 2023 to October 2023, there have been 64,097 electric cars sold compared to 266,465 hybrids in India. Hybrid car sales have notably increased from 4.42% of the 4.1 million cars sold in 2022 to reaching 7.2% in 2023. Presently, mild hybrids represent over 90% of total hybrid sales, indicating a significant preference for the type of hybrid technology in the market.
Asia-Pacific to Hold Significant Market Share in Micro Hybrid Vehicle Market
In Asia Pacific, the increase in micro hybrid vehicles can attribute to several factors. Government and consumers are becoming more conscious about air pollution and fuel economy and seeking for more eco-friendly transportation. Micro hybrids are seen as a viable option as they offer much better fuel economy and reduced emissions than conventional vehicles. Also, the micro hybrids adoption is supported by incentives and regulations. For instance, in India, state wise and country wise tax benefits and subsidies have been introduced for hybrid vehicles. Moreover, the introduction of new micro hybrid models by major automakers such as Maruti Suzuki, Mahindra Motors, etc. in India is driving the growth of micro hybrid market in the country. The impact of China and Japan's automakers on the development and production of hybrid vehicles cannot be overstated. As a result, China and Japan are investing more in automotive technologies and consumers in Asia Pacific are turning to micro hybrids as a practical and more sustainable mode of transportation.
In Japan, hybrids are selling better than ever, with the trend indicating that they are on track to exceed half of domestic passenger vehicle sales for the first time in 2024. The surge in hybrid sales can be attributed to the long-standing presence of Toyota Motor Corp. and other manufacturers that have invested a long time in hybrid technology providing hybrid vehicles from long time. As other developed markets push manufacturers towards fully electric vehicles, Japan's biggest carmakers have been reluctant to shift away from hybrid technology, which has been a significant part of their product line.
Future Market Scenario (2024 - 2031F)
Government initiatives, advanced micro hybrid technology, and extended efficiency and torque assist are expected to be the game-changing factors during the forecast period.
Global adoption, cost effective hybrid solutions, and industry partnerships are the highlight of the global market.
Advancements in battery type to transform the global micro hybrid vehicles market.
CO2 emission reduction and fuel economy improvements is expected to drive the market.
Key Players Landscape and Outlook
Key players in the Micro Hybrid market are Hyundai Motor Company, Toyota Motors Corporation, Suzuki Motor Corporation, and others. They are focusing on supply chains, advanced technology, and increased efficiency. Companies compete to supply cutting-edge technology while maintaining best-in-class efficiency and performance. Key stakeholders are collaborating, partnering, and acquiring firms working on better technologies to upgrade their car powertrains and technology.
In November 2023, Volkswagen began accepting pre-orders for the all-new Tiguan in Europe. The SUV's third generation has been completely redesigned and will feature eight different powertrain options. These include new 48V mild-hybrid drives, a turbocharged diesel, and two new plug-in hybrid drives with an electric range of around 100 km.
In February 2024, Hyundai unveiled their 2024 i20 N-Line in Europe. The Europe variant of i20 N Line is equipped with the same 1-liter turbo-petrol engine producing 120 PS. However, it generates 200 Nm of torque, which is 28 Nm more than the India-spec model due to the inclusion of a 48V mild hybrid system.
All segments will be provided for all regions and countries covered
Companies mentioned above DO NOT hold any order as per market share and can be changed as per information available during research work.