Micro-Hybrid Vehicles Market Research Report – Forecast to 2027

Global Micro-Hybrid Vehicles Market Research Report by Battery Type (Lead-acid, Lithium-ion, Others), by capacity (12V Micro-Hybrid, 48V Micro-Hybrid, Others), by Vehicle type (Passenger vehicles, Commercial Vehicles) and by Region - Forecast Till 2027

ID: MRFR/AM/4513-HCR | February 2021 | Region: Global | 100 pages

Please note that the assessment period of report has been updated from 2017-2023 to 2020-2027. Cordially fill the sample form for updated data.

Market Synopsis


Micro-hybrid vehicles have the lowest battery size and they extensively support the start stop function in an automobile. The battery can be recharged very quickly using regenerative braking systems. 


The growth of the market is majorly driven by the development of high-performance lithium-ion batteries. These vehicles possess small batteries and motors that do not require technical requirements for manufacturing battery. Micro hybrid vehicles are also gaining importance among consumers and manufacturers as a means of economically enhancing the fuel efficiency of automobiles and also keeping in control, the overall cost of vehicles. Improvements in battery technology and cost reduction are complementing developments in the field of micro hybrid vehicles.


The increased focus of manufacturers on cost-reduction is leading to the development of micro hybrid vehicles with lead-acid batteries. These batteries have design enhancements, which improve the overall life cycle of the vehicle and enable them to perform start stop function at minimal cost. Therefore, it can be said that the development of high capacity lithium ion batteries is expected to fuel the growth of the market over the forecast period. The advanced generation micro hybrid vehicles have features such as energy harvesting and regeneration, which help keep the air conditioning running when the engine is not under function.


Micro-Hybrid vehicles market has seen remarkable growth in the global market and it has been observed that, it is expected to expand with the CAGR of ~12 %.


 micro-hybrid vehicles market


Market Segmentation: The market has been segmented by battery type, as lead-acid, lithium-ion and others. Amongst these, the lead acid battery segment is expected to expand with the highest CAGR over the forecast period. Lead acid batteries require low maintenance and are rechargeable. These batteries are widely used because of their high power density, and ease of use. They are available in all shapes, voltages, amperages, and sizes. Valve regulated lead acid batteries are considered sealed as they do not allow for the addition or loss of liquid.


Geographically, the global micro-hybrid vehicles market has been divided into the four major regions of North America, Europe, Asia Pacific, and Rest of the World. The Europe region is expected to dominate the growth of the global micro-hybrid vehicles market. The market has achieved ample scope in the market owing to the presence of profitable countries such as Germany, U.K., France and Norway. In the developed countries, people are willing to pay for such micro-hybrid vehicles with high quality and performance. Furthermore, the existence of major players in the region such as Daimler AG, Audi AG, and BMW AG is driving the market growth. Key Players:


The prominent players in the micro-hybrid vehicles market include Audi AG (Germany), BMW AG (Germany), Daimler AG (Germany), Subaru (Japan), Hyundai Motor Company (South Korea), and Kia Motors Corporation (South Korea). Mahindra and Mahindra Limited (India), Jaguar Land Rover Automotive PLC (U.K.), Mazda Motor Corporation (Japan), and Porsche AG (Germany) are among others.     


The report for Global Micro-Hybrid Vehicles Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.



Report Scope:
Report Attribute/Metric Details
  Market Size   2027: Significant Value
  CAGR   12 % CAGR (2020 to 2027)
  Base Year   2019
  Forecast Period   2020-2027
  Historical Data   2018
  Forecast Units   Value (USD Million)
  Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   Battery Type, capacity and Vehicle type
  Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
  Key Vendors   Mazda Motor Corporation (Japan), Daimler AG (Germany), Subaru (Japan), Audi AG (Germany), Kia Motors Corporation (South Korea), Porsche AG (Germany), Jaguar Land Rover Automotive PLC (U.K.), Mahindra and Mahindra Limited (India), Hyundai Motor Company (South Korea), BMW AG (Germany)
  Key Market Opportunities

  • Lead acid batteries are rechargeable
  • Require low maintenance
  •   Key Market Drivers   The development of high-performance lithium-ion batteries


    Frequently Asked Questions (FAQ) :


    During the review timeframe, the market can achieve a growth rate of 12%.

    The market for Micro-Hybrid vehicles can witness remarkable growth by 2023

    The most renowned companies in the market are Mazda Motor Corporation (Japan), Daimler AG (Germany), Subaru (Japan), Audi AG (Germany), Kia Motors Corporation (South Korea), Porsche AG (Germany), Jaguar Land Rover Automotive PLC (U.K.), Mahindra and Mahindra Limited (India), Hyundai Motor Company (South Korea), BMW AG (Germany), and others.

    Some of the top companies in the European market are Audi AG, BMW AG and Daimler AG, and more.

    Lead acid batteries are rechargeable and require low maintenance, in addition to ease of use and high power density. These factors boost their demand in the market

    Table of content

    1 Executive Summary

    2 Scope of the Report

    2.1 Market Definition

    2.2 Scope of the Study

    2.2.1 Definition

    2.2.2 Research Objective

    2.2.3 Assumptions

    2.2.4 Limitations

    2.3 Research Process

    2.3.1 Primary Research

    2.3.2 Secondary Research

    2.4 Market size Estimation

    2.5 Forecast Model


    3 Market Landscape

    3.1 Porter’s Five Forces Analysis

    3.1.1 Threat of New Entrants

    3.1.2 Bargaining power of buyers

    3.1.3 Bargaining power of suppliers

    3.1.4 Threat of substitutes

    3.1.5 Segment rivalry

    3.2 Value Chain/Supply Chain Analysis


    4 Market Dynamics

    4.1 Introduction

    4.2 Market Drivers

    4.3 Market Restraints

    4.4 Market Opportunities

    4.5 Market Trends


    5 Global Micro-hybrid vehicles market, By Battery Vehicle type

    5.1 Introduction

    5.2 Lead Acid

    5.2.1 Market Estimates & Forecast, 2020-2027

    5.2.2 Market Estimates & Forecast by Region, 2020-2027

    5.3 Li-ion

    5.3.1 Market Estimates & Forecast, 2020-2027

    5.3.2 Market Estimates & Forecast by Region, 2020-2027

    5.2 Others

    5.2.1 Market Estimates & Forecast, 2020-2027

    5.2.2 Market Estimates & Forecast by Region, 2020-2027


    6 Global Micro-hybrid vehicles market, By Capacity

    6.1 Introduction

    6.2 12V Micro-Hybrid

    6.2.1 Market Estimates & Forecast, 2020-2027

    6.2.2 Market Estimates & Forecast by Region, 2020-2027

    6.3 48V Micro-Hybrid

    6.3.1 Market Estimates & Forecast, 2020-2027

    6.3.2 Market Estimates & Forecast by Region, 2020-2027

    6.4 Others

    6.4.1 Market Estimates & Forecast, 2020-2027

    6.4.2 Market Estimates & Forecast by Region, 2020-2027

    7 Global Micro-hybrid vehicles market, By Vehicle type

    7.1 Introduction

    7.2 Passenger vehicles

    7.2.1 Market Estimates & Forecast, 2020-2027

    7.2.2 Market Estimates & Forecast by Region, 2020-2027

    7.3 Commercial vehicles

    7.3.1 Market Estimates & Forecast, 2020-2027

    7.3.2 Market Estimates & Forecast by Region, 2020-2027

    8 Global Micro-hybrid vehicles market, By Region

    8.1 Introduction

    8.2 North America

    8.2.1 Market Estimates & Forecast, 2020-2027

    8.2.2 Market Estimates & Forecast by Battery type, 2020-2027

    8.2.3 Market Estimates & Forecast by Capacity, 2020-2027

    8.2.4 Market Estimates & Forecast by Vehicle type, 2020-2027

    8.2.5 The U.S

    8.2.5.1 Market Estimates & Forecast, 2020-2027

    8.2.5.2 Market Estimates & Forecast by Battery type, 2020-2027

    8.2.5.3 Market Estimates & Forecast by Capacity, 2020-2027

    8.2.5.4 Market Estimates & Forecast by Vehicle type, 2020-2027

    8.2.6 Canada

    8.2.6.1 Market Estimates & Forecast, 2020-2027

    8.2.6.2 Market Estimates & Forecast by Battery type, 2020-2027

    8.2.6.3 Market Estimates & Forecast by Capacity, 2020-2027

    8.2.6.4 Market Estimates & Forecast by Vehicle type, 2020-2027

    8.3 Europe

    8.3.1 Market Estimates & Forecast, 2020-2027

    8.3.2 Market Estimates & Forecast by Battery type, 2020-2027

    8.3.3 Market Estimates & Forecast by Capacity, 2020-2027

    8.3.4 Market Estimates & Forecast by Vehicle type, 2020-2027

    8.3.5 U.K

    8.3.5.1 Market Estimates & Forecast, 2020-2027

    8.3.5.2 Market Estimates & Forecast by Battery type, 2020-2027

    8.3.5.3 Market Estimates & Forecast by Capacity, 2020-2027

    8.3.5.4 Market Estimates & Forecast by Vehicle type, 2020-2027

    8.3.6 Germany

    8.3.6.1 Market Estimates & Forecast, 2020-2027

    8.3.6.2 Market Estimates & Forecast by Battery type, 2020-2027

    8.3.6.3 Market Estimates & Forecast by Capacity, 2020-2027

    8.3.6.4 Market Estimates & Forecast by Vehicle type, 2020-2027

    8.3.7 France

    8.3.7.1 Market Estimates & Forecast, 2020-2027

    8.3.7.2 Market Estimates & Forecast by Battery type, 2020-2027

    8.3.7.3 Market Estimates & Forecast by Capacity, 2020-2027

    8.3.7.4 Market Estimates & Forecast by Vehicle type, 2020-2027

    8.3.8 Italy

    8.3.8.1 Market Estimates & Forecast, 2020-2027

    8.3.8.2 Market Estimates & Forecast by Battery type, 2020-2027

    8.3.8.3 Market Estimates & Forecast by Capacity, 2020-2027

    8.3.8.4 Market Estimates & Forecast by Vehicle type, 2020-2027

    8.3.9 Rest of Europe

    8.3.9.1 Market Estimates & Forecast, 2020-2027

    8.3.9.2 Market Estimates & Forecast by Battery type, 2020-2027

    8.3.9.3 Market Estimates & Forecast by Capacity, 2020-2027

    8.3.9.4 Market Estimates & Forecast by Vehicle type, 2020-2027

    8.4 Asia Pacific

    8.4.1 Market Estimates & Forecast, 2020-2027

    8.4.2 Market Estimates & Forecast by Battery type, 2020-2027

    8.4.3 Market Estimates & Forecast by Capacity, 2020-2027

    8.4.4 Market Estimates & Forecast by Vehicle type, 2020-2027

    8.4.5 China

    8.4.5.1 Market Estimates & Forecast, 2020-2027

    8.4.5.2 Market Estimates & Forecast by Battery type, 2020-2027

    8.4.5.3 Market Estimates & Forecast by Capacity, 2020-2027

    8.4.5.4 Market Estimates & Forecast by Vehicle type, 2020-2027

    8.4.6 Japan

    8.4.6.1 Market Estimates & Forecast, 2020-2027

    8.4.6.2 Market Estimates & Forecast by Battery type, 2020-2027

    8.4.6.3 Market Estimates & Forecast by Capacity, 2020-2027

    8.4.6.4 Market Estimates & Forecast by Vehicle type, 2020-2027

    8.4.7 India

    8.4.7.1 Market Estimates & Forecast, 2020-2027

    8.4.7.2 Market Estimates & Forecast by Battery type, 2020-2027

    8.4.7.3 Market Estimates & Forecast by Capacity, 2020-2027

    8.4.7.4 Market Estimates & Forecast by Vehicle type, 2020-2027

    8.4.8 Rest of Asia Pacific

    8.4.8.1 Market Estimates & Forecast, 2020-2027

    8.4.8.2 Market Estimates & Forecast by Battery type, 2020-2027

    8.4.8.3 Market Estimates & Forecast by Capacity, 2020-2027

    8.4.8.4 Market Estimates & Forecast by Vehicle type, 2020-2027

    8.5 Rest of the World

    8.5.1 Market Estimates & Forecast, 2020-2027

    8.5.2 Market Estimates & Forecast by Battery type, 2020-2027

    8.5.3 Market Estimates & Forecast by Capacity, 2020-2027

    8.5.4 Market Estimates & Forecast by Vehicle type, 2020-2027

    9 Competitive Landscape


    10 Company Profile

    10.1 Audi AG (Germany)

    10.1.1 Company Overview

    10.1.2 Product/Services Offering

    10.1.3 Financial Overview

    10.1.4 Key Developments

    10.1.5 Strategy

    10.1.6 SWOT Analysis

    10.2 BMW AG (Germany)

    10.2.1 Company Overview

    10.2.2 Product /Services Offering

    10.2.3 Financial Overview

    10.2.4 Key Developments

    10.2.5 Strategy

    10.2.6 SWOT Analysis

    10.3 Daimler AG (Germany)

    10.3.1 Company Overview

    10.3.2 Product /Services Offering

    10.3.3 Financial Overview

    10.3.4 Key Developments

    10.3.5 Strategy

    10.3.6 SWOT Analysis

    10.4 Subaru (Japan)

    10.4.1 Company Overview

    10.4.2 Product /Services Offering

    10.4.3 Financial Overview

    10.4.4 Key Developments

    10.4.5 Strategy

    10.4.6 SWOT Analysis

    10.5 Hyundai Motor Company (South Korea)

    10.5.1 Company Overview

    10.5.2 Product /Services Offering

    10.5.3 Financial Overview

    10.5.4 Key Developments

    10.5.5 Strategy

    10.5.6 SWOT Analysis

    10.6 Kia Motors Corporation (South Korea)

    10.6.1 Company Overview

    10.6.2 Product /Services Offering

    10.6.3 Financial Overview

    10.6.4 Key Developments

    10.6.5 Strategy

    10.6.6 SWOT Analysis

    10.7 Mahindra and Mahindra Limited (India)

    10.7.1 Company Overview

    10.7.2 Product /Services Offering

    10.7.3 Financial Overview

    10.7.4 Key Developments

    10.7.5 Strategy

    10.7.6 SWOT Analysis

    10.8 Jaguar Land Rover Automotive PLC (U.K.)

    10.8.1 Company Overview

    10.8.2 Product /Services Offering

    10.8.3 Financial Overview

    10.8.4 Key Developments

    10.8.5 Strategy

    10.8.6 SWOT Analysis

    10.9 Mazda Motor Corporation (Japan)

    10.9.1 Company Overview

    10.9.2 Product /Services Offering

    10.9.3 Financial Overview

    10.9.4 Key Developments

    10.9.5 Strategy

    10.9.6 SWOT Analysis

    10.10 Porsche AG (Germany)

    10.10.1 Company Overview

    10.10.2 Product /Services Offering

    10.10.3 Financial Overview

    10.10.4 Key Developments

    10.10.5 Strategy

    10.10.6 SWOT Analysis


    List of Tables

    Table 1 Global Micro-hybrid vehicles market: By Region, 2020-2027

    Table 2 North America Micro-hybrid vehicles market: By Country, 2020-2027

    Table 3 Europe Micro-hybrid vehicles market: By Country, 2020-2027

    Table 4 Asia Pacific Micro-hybrid vehicles market: By Country, 2020-2027

    Table 5 RoW Micro-hybrid vehicles market: By Country, 2020-2027

    Table 6 Global Micro-hybrid vehicles market, by Battery Vehicle type, By Regions, 2020-2027

    Table 7 North America Micro-hybrid vehicles market, by Battery type, By Country, 2020-2027

    Table 8 Europe Micro-hybrid vehicles market, by battery type, By Country, 2020-2027

    Table 9 Asia Pacific Micro-hybrid vehicles market by Battery type, By Country, 2020-2027

    Table 10 RoW Micro-hybrid vehicles market by Battery type, By Country, 2020-2027

    Table 11 Global Micro-hybrid vehicles market by Capacity Market: By Regions, 2020-2027

    Table 12 North America Micro-hybrid vehicles market by Capacity: By Country, 2020-2027

    Table 13 Europe Micro-hybrid vehicles market by Capacity: By Country, 2020-2027

    Table 14 Asia Pacific Micro-hybrid vehicles market by Capacity: By Country, 2020-2027

    Table 15 RoW Micro-hybrid vehicles market by Capacity: By Country, 2020-2027

    Table 16 Global Micro-hybrid vehicles market, by Technology, By Regions, 2020-2027

    Table 17 North America Micro-hybrid vehicles market, by vehicle type, By Country, 2020-2027

    Table 18 Europe Micro-hybrid vehicles market, by vehicle type, By Country, 2020-2027

    Table 19 Asia Pacific Micro-hybrid vehicles market, by vehicle type, By Country, 2020-2027

    Table 20 RoW Micro-hybrid vehicles market, by vehicle type, By Country, 2020-2027

    Table 21 Global Micro-hybrid vehicles market: By Region, 2020-2027

    Table 22 Global Micro-hybrid vehicles market: By Region, 2020-2027

    Table 23 Global Micro-hybrid vehicles market: By Region, 2020-2027

    Table 24 North America Micro-hybrid vehicles market, By Country

    Table 25 North America Micro-hybrid vehicles market, by Battery type

    Table 26 North America Micro-hybrid vehicles market, by Capacity

    Table 27 North America Micro-hybrid vehicles market, By vehicle type

    Table 29 Europe: Micro-hybrid vehicles market, By Country

    Table 30 Europe: Micro-hybrid vehicles market, by Battery type

    Table 31 Europe: Micro-hybrid vehicles market, by Capacity

    Table 32 Europe: Micro-hybrid vehicles market, by vehicle type

    Table 34 Asia Pacific: Micro-hybrid vehicles market, By Country

    Table 35 Asia Pacific: Micro-hybrid vehicles market, by Battery type

    Table 36 Asia Pacific: Micro-hybrid vehicles market, by Capacity

    Table 37 Asia Pacific: Micro-hybrid vehicles market, by vehicle type

    Table 39 RoW: Micro-hybrid vehicles market, By Region

    Table 40 RoW Micro-hybrid vehicles market, by Battery type

    Table 41 RoW Micro-hybrid vehicles market, by Capacity

    Table 42 RoW Micro-hybrid vehicles market, by vehicle type





    List of Figures

    FIGURE 1 RESEARCH PROCESS OF MRFR

    FIGURE 2 TOP DOWN & BOTTOM UP APPROACH

    FIGURE 3 MARKET DYNAMICS

    FIGURE 4 IMPACT ANALYSIS: MARKET DRIVERS

    FIGURE 5 IMPACT ANALYSIS: MARKET RESTRAINTS

    FIGURE 6 PORTER’S FIVE FORCES ANALYSIS

    FIGURE 7 VALUE CHAIN ANALYSIS

    FIGURE 8 GLOBAL MICRO-HYBRID VEHICLES MARKETSHARE, BY BATTERY TYPE, 2020 (%)

    FIGURE 9 GLOBAL MICRO-HYBRID VEHICLES MARKET, BY BATTERY TYPE, 2020-2027 (USD MILLION)

    FIGURE 10 GLOBAL MICRO-HYBRID VEHICLES MARKET SHARE, BY TECHNOLOGY, 2020 (%)

    FIGURE 11 GLOBAL MICRO-HYBRID VEHICLES MARKET, BY TECHNOLOGY, 2020-2027 (USD MILLION)

    FIGURE 12 GLOBAL MICRO-HYBRID VEHICLES MARKET SHARE (%), BY REGION, 2020

    FIGURE 13 GLOBAL MICRO-HYBRID VEHICLES MARKET, BY REGION, 2020-2027 (USD MILLION)

    FIGURE 14 NORTH AMERICA MICRO-HYBRID VEHICLES MARKET SHARE (%), 2020

    FIGURE 15 NORTH AMERICA MICRO-HYBRID VEHICLES MARKET BY COUNTRY, 2020-2027 (USD MILLION)

    FIGURE 16 EUROPE MICRO-HYBRID VEHICLES MARKET SHARE (%), 2020

    FIGURE 17 EUROPE MICRO-HYBRID VEHICLES MARKET BY COUNTRY, 2020-2027 (USD MILLION)

    FIGURE 18 ASIA PACIFIC MICRO-HYBRID VEHICLES MARKET SHARE (%), 2020

    FIGURE 19 ASIA PACIFIC MICRO-HYBRID VEHICLES MARKET BY COUNTRY, 2020-2027 (USD MILLION)

    FIGURE 20 REST OF THE WORLD MICRO-HYBRID VEHICLES MARKET SHARE (%), 2020

    FIGURE 21 REST OF THE WORLD MICRO-HYBRID VEHICLES MARKET BY COUNTRY, 2020-2027 (USD MILLION)