Asia Pacific Blood Glucose Test Strip Packaging Market Research Repor Micro-hybrid vehicles market | Page 2

Market Segmentation:
The global micro-hybrid vehicles market has been segmented on the basis of battery type,
capacity and vehicle type. Based on battery type, the micro-hybrid vehicle market has been
segmented into lead-acid, lithium-ion and others. The lead-acid battery segment is forecasted to
project significant growth in the global micro-hybrid vehicles market owing to the high power
density. Based on capacity, the micro-hybrid vehicle market has been segmented into 12V micro-
hybrid, 48V micro-hybrid and others. based on vehicle type, the micro-hybrid vehicles market has
been segmented into passenger vehicle and commercial vehicle.
Regional Analysis:
The global micro-hybrid vehicles market has been geographically segmented into four major
regions such as Europe, Asia Pacific, North America and the rest of the world. The Europe region
is forecasted to dominate the global micro-hybrid vehicles market owing to the increasing
production of micro-hybrid vehicles in order to meet the global demand for high-performance
automobiles. The micro-hybrid vehicles market is expanding at a noteworthy growth rate during
the assessment period due to the increasing demand for affordable micro-hybrid vehicles by the
players operating in logistics industry and rise in launch of new automobiles with micro-hybrid
technology in the emerging economies of this region. The North America region is projecting
significant growth in the global micro-hybrid vehicles market owing to the presence of large pool
of manufacturers of automobiles with micro-hybrid technology, increasing adoption of electric
vehicles for personal as well as commercial purposes and rapid advancement in automotive
technology in this region.
Industry Updates:
In October 2018, Mahindra and Mahindra, an Indian multinational car manufacturing
corporation, has launched a new micro-hybrid pick-up truck named 'Bolero Pik-up,’ which has 1.7
tons of payload capacity.
In August 2018, Tydrolyte LLC has announced that it is launching a patent-pending electrolyte
solution for lead-acid battery manufacturers. It is a less toxic replacement for sulfuric acid in lead
batteries that are used in micro-hybrid vehicles.
Get Full Report Details of Micro-Hybrid Vehicles Market@
https://www.marketresearchfuture.com/reports/micro-hybrid-vehicles-market-5969
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