Asia Pacific Hybrid EV Battery Market Forecast (2016-2025)

Created with Highcharts 11.4.0YearUSD MnChart context menuAsia Pacific Hybrid EV Battery Market Forecast (2016-2025)1 928.921 928.922 206.682 206.682 476.752 476.752 858.352 858.353 382.323 382.324 115.694 115.695 065.825 065.826 276.336 276.337 818.437 818.439 765.769 765.76270.01346.36435.91564.09748.471 021.231 409.461 958.082 735.063 830.6831.0240.451.6167.7991.3126.45177.15249.82354.21503.581 460.211 613.671 740.321 917.592 149.562 453.832 798.713 161.93 514.933 800.74167.68206.25248.91308.88392.99514.18680.5906.531 214.231 630.76201620172018201920202021202220232024202502k4k6k8k10k12k
Year CHINA INDIA JAPAN REST OF ASIA PACIFIC
2016 $ 270.01 $ 31.02 $ 1460.21 $ 167.68
2017 $ 346.36 $ 40.4 $ 1613.67 $ 206.25
2018 $ 435.91 $ 51.61 $ 1740.32 $ 248.91
2019 $ 564.09 $ 67.79 $ 1917.59 $ 308.88
2020 $ 748.47 $ 91.3 $ 2149.56 $ 392.99
2021 $ 1021.23 $ 126.45 $ 2453.83 $ 514.18
2022 $ 1409.46 $ 177.15 $ 2798.71 $ 680.5
2023 $ 1958.08 $ 249.82 $ 3161.9 $ 906.53
2024 $ 2735.06 $ 354.21 $ 3514.93 $ 1214.23
2025 $ 3830.68 $ 503.58 $ 3800.74 $ 1630.76
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Asia Pacific Hybrid EV Battery Market Forecast (2016-2025)

Synopsis
The above chart is Global Hybrid EV Battery Market market [2016-2025] by Asia Pacific

Market Dynamics

japan accounted for the largest market share in 2018 in the asia pacific hybrid ev battery market market, and is expected to reach usd 3800.74 million in 2025 from usd 1740.32 million in 2018. however, india is the fastest growing market, which is expected to grow at a cagr of 39.69% during the forecast period 2019 - 2025. hybrid ev segment accounted for the larger market share in 2018, this market is expected to reach usd 6406.80 million in 2025 from usd 1996.53 million in 2018. this market is projected to grow at a cagr of 18.96% during the forecast period from 2019 - 2025. however, plug in hybrid ev segment is the fastest growing market, which is expected to grow at a cagr of 33.32% during the forecast period 2019 - 2025. lithium ion segment accounted for the largest market share in 2018, this market is expected to reach usd 6295.67 million in 2025 from usd 1695.86 million in 2018. this market is projected to grow at a cagr of 21.35% during the forecast period from 2019 - 2025. however, others segment is the fastest growing market, which is expected to grow at a cagr of 31.46% during the forecast period 2019 - 2025.

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