The United States hybrid vehicle market reached 1.57 Million Units in 2025. The market is expected to grow at a CAGR of 16.20% between 2026 and 2035, reaching 7.05 Million Units by 2035.
Base Year
Historical Period
Forecast Period
In the US, sales of hybrids, plug-in hybrids, and BEVs accounted for the highest proportion of total LDV sales in 2023, reaching 17.9%, according to EIA.
Between 2022 and 2023, the market share of hybrid, plug-in hybrid, and battery electric vehicles in the United States rose from 12.9% to 16.3%, according to EIA figures.
According to the Bureau of Transportation Statistics, hybrids comprised 3.2% of the light vehicle market, a figure that climbed to 5.5% in 2021.
Compound Annual Growth Rate
16.2%
Value in Million Units
2026-2035
*this image is indicative*
| United States Hybrid Vehicle Market Report Summary | Description | Value |
| Base Year | Million Units | 2025 |
| Historical Period | Million Units | 2019-2025 |
| Forecast Period | Million Units | 2026-2035 |
| Market Size 2025 | Million Units | 1.57 |
| Market Size 2035 | Million Units | 7.05 |
| CAGR 2019-2025 | Percentage | XX% |
| CAGR 2026-2035 | Percentage | 16.20% |
| CAGR 2026-2035 - Market by Region | Southwest | 17.0% |
| CAGR 2026-2035 - Market by Powertrain Type | Parallel | 20.3% |
| CAGR 2026-2035 - Market by Hybrid Type | Plug-in Hybrid | 17.8% |
The United States hybrid vehicle market has seen significant growth, particularly with the increase in parallel hybrid powertrains.
The parallel hybrid powertrain sector has expanded due to advancements in fuel efficiency and performance, technological progress, environmental concerns, regulatory shifts, and favourable economic factors. With a focus on sustainability and cost-effectiveness, there's a growing demand for parallel hybrid vehicles, indicating a shift towards greener transportation options.
In May 2024, the U.S. Department of Energy (DOE) distributed over $26.9 million to nine states, 27 local governments, and one Tribe for the next round of formula grants through the Energy Efficiency and Conservation Block Grant (EECBG) Program. These grants, funded by President Biden’s Bipartisan Infrastructure Law and managed by DOE’s Office of State and Community Energy Programs (SCEP), aim to support energy efficiency initiatives at the state and local levels.
Series-parallel hybrids merge the advantages of series and parallel configurations, resulting in enhanced fuel efficiency. These vehicles can seamlessly switch between or blend the two modes based on driving conditions, optimizing energy utilization. By enabling both the internal combustion engine and electric motor to propel the wheels, when necessary, this hybrid system enhances performance, delivering greater power and acceleration.
United States Hybrid Vehicle Market Report and Forecast 2026-2035 offers a detailed analysis of the market based on the following segments:
Market Breakup by Electric Powertrain Type
Market Breakup by Hybrid Type
Market Breakup by Vehicle Type
Market Breakup by Region
| CAGR 2026-2035 - Market by | Powertrain Type |
| Parallel | 20.3% |
| Series-Parallel | XX% |
| CAGR 2026-2035 - Market by | Hybrid Type |
| Plug-in Hybrid | 17.8% |
| Micro Hybrid | XX% |
| Mild Hybrid | XX% |
| Full Hybrid | XX% |
| CAGR 2026-2035 - Market by | Region |
| Southwest | 17.0% |
| Southeast | 16.7% |
| New England | XX% |
| Mideast | XX% |
| Great Lakes | XX% |
Micro and mild hybrid technologies boost fuel efficiency by supporting the internal combustion engine with electric power during acceleration and employing regenerative braking to replenish the battery. This leads to decreased fuel usage, reduced emissions, and enhanced vehicle performance. Moreover, these hybrid options provide cost benefits and utilise regenerative braking to optimize fuel efficiency even further.
The company focuses on designing, producing, promoting, and maintaining a wide variety of vehicles, encompassing cars, trucks, SUVs, and electric vehicles, as well as automotive components and accessories.
Middle East and Africa Hybrid Vehicle Market
Europe Hybrid Vehicle Market
Asia Pacific Hybrid Vehicle Market
United Kingdom Hybrid Vehicle Market
Australia Hybrid Vehicle Market
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The market was valued at 1.57 Million Units in 2025.
The market is projected to grow at a CAGR of 16.20% between 2026 and 2035.
The market is expected to reach 7.05 Million Units in 2035.
The vehicle market is categorised according to the hybrid type, which includes micro hybrid, mild hybrid, and full hybrid.
The market key players are BMW AG, Subaru Corporation, Dr. Ing. h.c. F. Porsche AG Ford Motors Company, Mercedes Benz Group AG, Hyundai Motor Company, Kia Motors Corporation, Volvo AB, Honda Motor Co. Ltd Toyota Motor Corporation among others.
Based on the electric powertrain type the market is divided into parallel and series-parallel and others.
The market is broken down into the New England, Mideast, Great Lakes, Plains, Southeast, Southwest, Rocky Mountains, and Far West and others.
Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.
| REPORT FEATURES | DETAILS |
| Base Year | 2025 |
| Historical Period | 2019-2025 |
| Forecast Period | 2026-2035 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by Electric Powertrain Type |
|
| Breakup by Hybrid Type |
|
| Breakup by Vehicle Type |
|
| Breakup by Region |
|
| Market Dynamics |
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| Competitive Landscape |
|
| Companies Covered |
|
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