Hybrid electric vehicle market 2023-2027: A descriptive analysis of customer landscape, vendor assessment, and market dynamics

NEW YORK, Dec. 16, 2022 /PRNewswire/ — Technavio categorizes the global hybrid electric vehicle market as a part of the automotive market, the parent market. The automotive market covers companies engaged in the production of vehicles such as passenger cars, commercial vehicles, and all-terrain vehicles. The global hybrid electric vehicle market size is estimated to increase by 17,098.51 thousand units from 2022 to 2027. The market’s growth momentum will accelerate at a CAGR…