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Title: Hybrid System Market Expected to reach $ 40.99 billion by 2022 - PowerPoint PPT Presentation
Description: The hybrid system market was valued at USD 18.88 billion in 2016 and is projected to grow at a CAGR of 10.79% during the forecast period. The base year considered for the study is 2016 and the forecast period is 2017–2022.Factors such as decreased tail-pipe emission limits, potential fuel savings with adoption of mild hybrids, and tax benefits & incentives/subsidies for adoption of electric vehicles are the key factors fueling the growth of the hybrid system market. – PowerPoint PPT presentation
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