Automotive Market Revenue, Trends, Growth, Technologies, CAGR Hybrid System Market | Page 6

North America expected to be the fastest growing market for hybrid system The hybrid system market for north America is estimated to grow at the highest rate during the forecast period. The increasingly stringent CAFE regulations have led to an increase in the demand for hybrid and electric vehicles in the region. Thus, the region is expected to see the fastest growth in the sales of hybrid and electric vehicles during the forecast period. Hence, the market for hybrid system in north America is also expected to grow in line with the growth of hybrid and electric vehicles. Get 10 % Free Customization Early buyers will receive 10% customization on reports.