HYDERABAD, India, March 9, 2026 /PRNewswire/ -- According to the latest report by Mordor Intelligence, hybrid vehicle market size is witnessing strong momentum as automakers balance electrification goals with practical mobility solutions. The market is projected to grow from USD 263.48 billion in 2025 to USD 298.03 billion in 2026, and is expected to reach USD 553 billion by 2031, registering a CAGR of 13.16% between 2026 and 2031. Stricter emission regulations and declining battery prices are accelerating the shift toward hybrid powertrains. Plug-in hybrids are expanding rapidly due to incentives and improved electric-only driving range, while conventional hybrids continue to hold the largest share because they require minimal charging infrastructure. Lithium-iron-phosphate batteries are increasingly preferred for their cost efficiency and safety, and competition is intensifying as established Japanese manufacturers face growing pressure from Chinese automakers with integrated battery capabilities.
Hybrid Vehicle Market Trends and Drivers
Rising Global Fuel Economy and Emission Regulations Supporting Zero-emission Mobility Goals: Tightening emission regulations around the world are accelerating the adoption of hybrid vehicles. In the US, stricter environmental standards are encouraging automakers to incorporate electrified powertrains to reduce fleet emissions and avoid regulatory penalties. European policies are also pushing manufacturers to ensure vehicles meet real-world emission limits in different conditions, which has increased the use of mild-hybrid systems even in smaller cars. In China, policy incentives for plug-in hybrids help manufacturers offset emissions from conventional vehicles, while California's clean vehicle programs recognize plug-in hybrids that meet specific electric-range requirements. Collectively, these policies are pushing the automotive industry toward greater hybrid integration and supporting continued market growth
Automakers Adopting Multiple Pathways to Achieve Carbon Reduction Goals: Many automakers are taking a balanced approach by continuing to invest in internal combustion, hybrid, and fully electric vehicles at the same time. This strategy helps them manage risks linked to slower charging infrastructure development in some regions. Companies such as Honda have outlined plans to maintain a mix of hybrid, electric, and fuel-cell vehicles to ensure flexibility in their product portfolio. Similarly, Stellantis has indicated that hybrid models will remain part of its lineup as it navigates markets where full electrification may take longer. Other manufacturers, including Hyundai Motor Company and Volkswagen, are also continuing to support hybrid programs and plug-in variants to adapt to regional energy infrastructure and consumer demand. Together, these strategies highlight the ongoing importance of hybrids in the automotive transition.
"Hybrid vehicles are gaining relevance as automakers balance emissions targets, fuel efficiency, and uncertain charging infrastructure while demand grows across multiple powertrain options. Mordor Intelligence combines verified industry data with structured cross-checks, giving decision-makers a dependable view of market size, competitive positioning, and regional momentum", says Phani Kumar, Senior Research Manager, Mordor Intelligence.
Hybrid Vehicle Market Share by Region
The Asia-Pacific region remains the largest hub for hybrid vehicle adoption, supported by strong policy backing and active automotive manufacturing. In China, demand for plug-in hybrids has grown rapidly due to government incentives and competitive pricing by domestic automakers. Japan continues to play a key role as a major exporter of conventional hybrid models to several global markets. Meanwhile, policy measures in India, including tax benefits, are helping hybrids become more affordable and encouraging wider adoption. In South Korea, government subsidies are supporting the uptake of plug-in hybrid versions of popular vehicles. At the same time, the hybrid segment is regaining momentum in North America as automakers respond to uncertainties around full battery-electric adoption, with supportive incentives in markets such as United States and Canada helping sustain consumer interest
Hybrid Vehicle Industry Segmentation
By Hybrid Vehicle Type
By Vehicle Type
By Motor Type
By Battery Type
For a full breakdown of market size, segmentation data, and competitive intelligence, access the details of the Mordor Intelligence report - https://www.mordorintelligence.com/industry-reports/hybrid-vehicle-market?utm_source=prnewswire
Source: https://www.mordorintelligence.com/industry-reports/hybrid-vehicle-market?utm_source=prnewswire
Industry Related Reports
Automotive Bushing Market Size: The automotive bushing market is projected to reach USD 180.43 billion in 2026 and is expected to grow to USD 226.1 billion by 2031, registering a CAGR of 4.62% during 2026–2031. Market growth is mainly supported by increasing vehicle production, rising demand for improved ride comfort and vibration control, and the growing integration of advanced suspension components in modern vehicles.
Bus Seat Market Share: The bus seat market is expected to reach USD 15.74 billion in 2026 and is projected to grow to USD 20.49 billion by 2031, registering a CAGR of 5.42% during 2026–2031. The market growth is driven by increasing demand for public transportation, rising investments in bus fleet modernization, and growing focus on passenger comfort and safety features in buses.
Automotive Transmission Market Trends: The automotive transmission market is estimated to reach USD 163.39 billion in 2026 and is projected to grow to USD 209.73 billion by 2031, registering a CAGR of 5.12% during 2026–2031. Growth is supported by increasing vehicle production, rising demand for fuel-efficient transmission systems, and the growing adoption of advanced automatic and hybrid transmission technologies in modern vehicles.
About Mordor Intelligence
Mordor Intelligence is a trusted partner for businesses seeking comprehensive and actionable market intelligence. Our global reach, expert team, and tailored solutions empower organizations and individuals to make informed decisions, navigate complex markets, and achieve their strategic goals.
With a team of over 550 domain experts and on-ground specialists spanning 150+ countries, Mordor Intelligence possesses a unique understanding of the global business landscape. This expertise translates into comprehensive syndicated and custom research reports covering a wide spectrum of industries, including aerospace & defense, agriculture, animal nutrition and wellness, automation, automotive, chemicals & materials, consumer goods & services, electronics, energy & power, financial services, food & beverages, healthcare, hospitality & tourism, information & communications technology, investment opportunities, and logistics.
For any inquiries, please contact:
media@mordorintelligence.com
https://www.mordorintelligence.com/contact-us
Logo: https://mma.prnewswire.com/media/2746908/Mordor_Intelligence_Logo.jpg
View original content:https://www.prnewswire.co.uk/news-releases/hybrid-vehicle-market-to-reach-usd-553-billion-by-2031-as-plug-in-hybrids-projected-to-grow-at-13-17-cagr-says-mordor-intelligence-302708315.html
Zalando hat 2025 kräftig zugelegt und seine eigenen Ziele am oberen Ende der Spannen erreicht. Der Umsatz des im DAX notierten Online-Modehändlers stieg um 16,8 Prozent auf 12,35 Milliarden Euro und lag damit leicht über den Markterwartungen. Das Bruttowarenvolumen (GMV) kletterte um 14,7 Prozent auf 17,56 Milliarden Euro. Rückenwind bekam das Geschäft vor allem durch die Übernahme des Konkurrenten About You sowie den verstärkten Einsatz Künstlicher Intelligenz in Vertrieb und Plattformsteuerung.
Operativ verbesserte sich Zalando ebenfalls: Das bereinigte Ergebnis vor Zinsen und Steuern (EBIT) erhöhte sich auf 591 Millionen Euro nach 511 Millionen Euro im Vorjahr, die Marge blieb mit 4,8 Prozent stabil und leicht über den Analystenprognosen. Unter dem Strich sank der Gewinn jedoch auf 213 Millionen Euro von zuvor 251 Millionen Euro und verfehlte damit die Erwartungen. Für das laufende Jahr stellt das Management ein weiteres Wachstum von 12 bis 17 Prozent bei GMV und Umsatz in Aussicht; das bereinigte EBIT soll auf 660 bis 740 Millionen Euro steigen. Die mittelfristigen Ziele bis 2028 – jährliche Zuwächse von 8 bis 13 Prozent bei Umsatz und GMV sowie eine EBIT-Marge von 6 bis 8 Prozent – wurden bestätigt, die angepeilten jährlichen Synergien aus der About-You-Übernahme von 100 Millionen Euro sollen bereits 2028 und damit ein Jahr früher erreicht sein.
An der Börse sorgte vor allem die Kapitalmarktpolitik für Auftrieb. Der Konzern kündigte ein Aktienrückkaufprogramm von bis zu 300 Millionen Euro an, das bis Ende Juli laufen soll. Die Aktie legte im Tagesverlauf zweistellig zu und notierte zeitweise rund elf Prozent höher bei 22,35 Euro. Damit reagierte der Markt positiv auf die Kombination aus besser als erwarteten operativen Kennzahlen, bestätigtem Wachstumskurs und der Ankündigung, überschüssiges Kapital an die Anteilseigner zurückzuführen – obwohl die Zalando-Papiere seit Jahresbeginn deutlich im Minus liegen und in den vergangenen zwölf Monaten rund ein Drittel an Wert verloren haben. Analysten hoben neben dem Rückkauf insbesondere die Rolle von KI und das Konzept des sogenannten Agentic Commerce als nächste Entwicklungsstufe des Onlinehandels hervor.
Überschattet werden die guten Zahlen von strukturellen Einschnitten im Logistiknetz. Im Zuge der Integration von About You will Zalando vier Logistikzentren in Europa schließen, darunter den Standort Erfurt mit rund 2.700 Beschäftigten. Co-Chef David Schröter sprach von einer der schwersten, zugleich aber notwendigen Entscheidungen, um die Kapazitäten an den künftigen Wachstumsbedarf anzupassen. Das Unternehmen verhandelt nach eigenen Angaben mit dem Betriebsrat über einen Sozialplan, bietet Versetzungen an andere Standorte an und arbeitet mit der örtlichen Arbeitsagentur zusammen. Weitere Maßnahmen über die bereits angekündigten Schließungen hinaus soll es dem Management zufolge nicht geben; aus der Thüringer Landespolitik kommt dennoch Kritik an der Entscheidung.
