In 2019, the US Hybrid & Electric Light Vehicles market was estimated at 730 thousand units and is expected to grow to 878 thousand units in 2026 with a growth rate of 7.1% over this period.

This industry report offers market estimates and forecasts of the US market, followed by a detailed analysis of the power source. The US market data on hybrid & electric light vehicles can be segmented by power source: battery electric, fuel cell electric, full hybrid, and plug-in hybrid. The full hybrid segment held the largest market share in 2019. However, the battery electric segment is expected to witness the highest CAGR during the forecast period.

The study provides historical market data (2016-2019) and forecasts from 2020 till 2026. The market size and estimations are provided in terms of volume (thousand units) considering 2019 as base year and market forecast will be given from 2020 to 2026.

The data-centric report focuses on market trends, status and outlook for segments, and future growth. With comprehensive coverage of the market across different market segments the report is a valuable asset for the existing players, new entrants and the future investors.

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