Hybrid Cars Market 2016 Share, Trend, Segmentation and Forecast Hybrid Cars Market - Global Industry Analysis, Siz | Page 2
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Asia Pacific to Continue as Global Leader
North America, Asia Pacific, the Middle East and Africa, Europe, and Latin America
are considered as the key regional market for hybrid cars. In 2015, Asia Pacific
dominated the global market with a share of more than 70%. Over the forthcoming
years, the increasing awareness among consumers regarding the benefits of eco-
friendly vehicles, especially in China and Japan, coupled with various governments’
initiatives to promote their usage, is likely to ensure the dominance of Asia Pacific
hybrid cars market.
On the other hand, the hybrid car markets in North America and Europe are
expected to progress at a moderate rate in the near future due to their mature
states. However, the rising number of charging units may boost both the markets to
some extent over the next few years.
Toyota Motor Corp., General Motors Co., Hyundai Motor Co., Ford Motor Co., Nissan
Motor Co. Ltd., BMW, Volkswagen AG, FCA N.V., and Honda Motor Co. Ltd. are the
key manufacturers of hybrid cars across the world.
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