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(EMAILWIRE.COM, February 16, 2010 ) New Delhi, India - The development of advanced and better alternative fuel vehicles has received strong support from governments worldwide to deal with issues like volatile oil prices and growing environmental concerns. Hybrid vehicles have emerged as feasible and effective alternatives to traditional vehicles because they have advantages of fuel efficiency, low emissions and low noise pollution. The rising sales of hybrid vehicles will have a positive impact on the global automotive business, oil consumption trends and emission standards. According to our market research report "Hybrid Car Market Forecast to 2012", the global hybrid car sales will grow at a CAGR of 20% between 2009 and 2012.
The report provides comprehensive information about the present and future market trends of global hybrid car market. It has studied the major geographical regions of the world – the US, Japan, Europe and Canada where hybrid car sales have picked up momentum in recent years. Our regional level analysis projects that the hybrid car sales in the US, Europe, Japan and Canada will grow at a CAGR of 23%, 23%, 17% and 11% respectively between 2009 and 2012. Besides, the report provides country level analysis of fast emerging markets like India, China and Singapore since these countries are expected to witness huge demand for hybrid cars in coming years.
"Hybrid Car Market Forecast to 2012" provides extensive research and rational analysis of the global hybrid car market, with strong focus on the current industry trends and developments. The report has identified emerging opportunities for existing and prospective players to devise their business strategies according to the industry requirements. It has done detailed analysis of driving factors and growth restraints to give clients insight into the industry future progress.
Besides, the competitive landscape section of the report contains detailed analysis of key automobile companies in the world and talks about their strength, weaknesses, past performance and merger & acquisitions. Future projections for different segments are based on the evaluation of industry developments and macroeconomic factors after adjusting the impact of global economic slowdown on the industry.
RNCOS, incorporated in the year 2002, is an industry research firm. We are a team of industry experts who analyze data collected from credible sources. We provide industry insights and analysis that helps corporations to take timely and accurate business decision in today's globally competitive environment.
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