How big is the Europe Mild Hybrid Vehicles Market?

The Europe Mild Hybrid Vehicles Market size is expected to reach USD 16.42 billion in 2024 and grow at a CAGR of 9.25% to reach USD 20.81 billion by 2029. Read More

What is the current Europe Mild Hybrid Vehicles Market size?

In 2024, the Europe Mild Hybrid Vehicles Market size is expected to reach USD 16.42 billion. Read More

Who are the key players in Europe Mild Hybrid Vehicles Market?

Volkswagen AG, Audi AG, BMW Group, Nissan Motor Co. Ltd and Toyota Motor Corporation are the major companies operating in the Europe Mild Hybrid Vehicles Market. Read More

What years does this Europe Mild Hybrid Vehicles Market cover, and what was the market size in 2023?

In 2023, the Europe Mild Hybrid Vehicles Market size was estimated at USD 14.90 billion. The report covers the Europe Mild Hybrid Vehicles Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Europe Mild Hybrid Vehicles Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Europe Mild Hybrid Vehicles Market Share

Statistics for the 2023 & 2024 Europe Mild Hybrid Vehicles market share, created by Mordor Intelligence™ Industry Reports. Europe Mild Hybrid Vehicles share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

Market Share of Europe Mild Hybrid Vehicles Industry

The European mild hybrid vehicles market is consolidated and led by globally and regionally established players. The companies adopt strategies such as new product launches, collaborations, and mergers to sustain their market positions.

In August 2023, Solaris won the tender called by Giubileo 2025 SpA for a total of 110 mild hybrid articulated city buses in Rome, which was released by the government to make use of mild hybrid buses for public transport.

Some of the major players in the market include Volkswagen AG, Toyota Motor Corporation, BMW Group, Nissan Motor Corp. Ltd, Audi AG, BMW Group, and Mercedes-Benz.