"Hybrid Electric Vehicles Market in the US 2015-2019" now available at Fast Market Research

From: Fast Market Research, Inc.
Published: Sun Aug 30 2015

Fast Market Research announces the availability of Technavio's new report "HEVs Market in the US 2015-2019" on their comprehensive research portal.

HEVs combine two energy sources: mechanical (ICE) and electrical. The size of a gasoline engine in HEVs is smaller than that in traditional vehicles. The combination of the two power sources helps achieve better fuel economy and performance. HEVs use efficient technologies such as regenerative braking that charges the battery by converting kinetic energy into electric energy. Many HEVs have start-stop systems that shut down the ICE when idle and restart it when needed, thereby reducing idle emissions.

Technavio's analysts forecast the HEVs market in the US to grow at a CAGR of 14.55% over the period 2014-2019.

Get More Details on this Report and a Full Table of Contents at Hybrid Electric Vehicles Market in the US 2015-2019

Commenting on the report, an analyst from Technavio’s team said: "Emergence of HEVs with remote monitoring systems is one of the key trends upcoming in the market. HEVs with remote monitoring systems enable consumers to map their location and set start and end points. This system also helps in navigating heavy traffic areas. HEVs are also equipped with a data acquisition system that helps in monitoring the abilities of drivers and this helps to reduce accidents."

According to the report, the growing popularity of EVs plays a crucial role in propelling market growth. Increased marketing and awareness of the benefits of EVs in recent years have augmented the adoption of HEVs in the market.

Further, the report states that the high cost of HEVs is the key concern that curtails market growth. The cost depends on usage and operations. The advanced technologies and larger battery packs used in HEVs add to the high cost.

The key players in the HEVs Market in the US are Ford Motor Co., Honda Motor Co. Ltd., Hyundai Motor Co., Toyota Motor Corp. and Volkswagen AG while other prominent vendors include Daimler, General Motors, Mazda, Mitsubishi and Nissan Motors

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

About Fast Market Research

Fast Market Research is a leading distributor of market research and business information. Representing the world's top research publishers and analysts, we provide quick and easy access to the best competitive intelligence available. Our unbiased, expert staff is always available to help you find the right research to fit your requirements and your budget.

For more information about these or related research reports, please visit our website at http://www.fastmr.com or call us at 1.800.844.8156 (1.413.485.7001 Int'l)

You may also be interested in these related reports:

- Global Hybrid Electric Vehicle Market 2014-2018
- Vehicle Electrification Market - Trends & Forecast to 2019
- Electric Vehicle Market in India 2014
- Global Hybrid Electric Vehicles (HEVs) Market 2015-2019
- Global Battery Electric Vehicles Market 2015-2019
Company: Fast Market Research, Inc.
Contact Name: Bill Thompson
Contact Email: press@fastmr.com
Contact Phone: 1-413-485-7001

Visit website »