Asia-Pacific Mild Hybrid Vehicles Industry Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

APAC Mild Hybrid Vehicles Market is Segmented by Capacity Type (Less Than 48 V, 48V and Above), Vehicle Type (Passenger Cars and Commercial Vehicles), and Geography (China, India, Japan, South Korea, and the Rest of Asia-Pacific). The Report Offers the Market Size and Forecast (USD) for all the Above Segments.

Asia Pacific Mild Hybrid Vehicles Market Size

APAC Mild-Hybrid Vehicles Market Summary
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Asia Pacific Mild Hybrid Vehicles Market Analysis

The APAC Mild-Hybrid Vehicles Market size is estimated at USD 27.00 billion in 2025, and is expected to reach USD 64.10 billion by 2030, at a CAGR of 18.88% during the forecast period (2025-2030).

  • The COVID-19 pandemic compelled about 95% of all automotive-related companies to put their workforces on hold during the lockdowns. The repercussions of the lockdown were immense and unprecedented due to the halt of manufacturing activities across the region. However, the market was expected to regain its momentum as economic activities resumed and vehicle production rose in 2022 across the region and was likely to witness major growth for the market during the forecast period.
  • Over the medium term, growing environmental concerns (owing to rising exhaust emissions), enactment of stringent emissions and fuel economy norms, and increasing government initiatives in terms of subsidies and benefits for increasing the adoption of mild hybrid vehicles across the region.
  • Mild hybrid is considered a transitional technology and not a solution to stop carbon emissions. The 48V system can meet the average fuel consumption limit of passenger cars in the fourth and fifth stages (the fourth stage: 5.0L/100km (2020); the fifth stage: 4.0L/100km (2025) with a reduction of 42%), but it is difficult to realize the goal in the sixth stage (3.2L/100km (2030)).
  • Incidents of lifting and reduced subsidies for the purchase of electric vehicles may hinder the growth of the market in the region. In India, for instance, the government, in 2017, lifted subsidies on mild-hybrid vehicles under the Faster Adoption and Manufacturing of Hybrid & Electric Vehicles (FAME) scheme (the State of Karnataka lost a subsidy of INR 75 crores from the central government).

Asia Pacific Mild Hybrid Vehicles Industry Overview

The Asia-Pacific mild hybrid vehicles market is dominated by several key players such as Toyota Motor Corporation, Nissan Motor Company, Honda Motor Company, Hyundai Motor, and others. Companies are investing heavily in research and development for the innovation of new and advanced products and technologies that may help with new technology. For instance, in September 2022, Volvo updated the SUVs and sedans model lineup for 2023, with each of the models now getting a petrol mild-hybrid drivetrain.

In June 2022, Maruti Suzuki India Limited announced that Toyota Motor Corporation and Suzuki Motor Corporation started production of a new SUV model developed by Suzuki at the Toyota Kirloskar Motor Pvt. Ltd. Bidadi plant. The powertrains of the new model to be on sale in India will be equipped with a mild hybrid developed by Suzuki and a strong hybrid developed by Toyota.

In November 2021, Vitesco Technologies opened its new research and development center in Tianjin, China. In Tianjin, Vitesco Technologies develops battery, motor, and electronic control systems for battery electric, full hybrid, and 48 V mild hybrid vehicles.

Asia Pacific Mild Hybrid Vehicles Market Leaders

  1. Toyota Motor Corporation

  2. Nissan Motor Co. Ltd

  3. The Hyundai Motor Company

  4. Volkswagen AG

  5. Suzuki Motor Corporation

  6. *Disclaimer: Major Players sorted in no particular order
APAC Mild-Hybrid Vehicles Market Concentration
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Asia Pacific Mild Hybrid Vehicles Market News

  • April 2023: Proton Holding launched the Proton X90, a mild-hybrid car, in the Malaysian market.
  • December 2022: Mazda Motor Corporation introduced a new hybrid vehicle model equipped with a strong hybrid mechanism that will allow it to be driven solely by a motor around 2025. The company plans to develop the HV in-house, adopting a "mild hybrid" mechanism to support the engine with a motor.
  • November 2022: SAIC Maxus officially launched its new Lingdi mid-to-large-sized SUV in China. The vehicle features SAIC Maxus' mild hybrid diesel-powered Xuanyuan Power Technology and a 48V hybrid architecture.

Asia Pacific Mild Hybrid Vehicles Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Assumptions
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS

  • 4.1 Market Drivers
    • 4.1.1 Fuel Efficiency and Lower Carbon Emission are Likely to Catalyze the Growth Run
  • 4.2 Market Restraints
    • 4.2.1 High Initial Cost
  • 4.3 Porters Five Forces Analysis
    • 4.3.1 Threat of New Entrants
    • 4.3.2 Bargaining Power of Buyers/Consumers
    • 4.3.3 Bargaining Power of Suppliers
    • 4.3.4 Threat of Substitute Products
    • 4.3.5 Intensity of Competitive Rivalry

5. MARKET SEGMENTATION (Market Size in Value - USD Billion)

  • 5.1 By Capacity Type
    • 5.1.1 Less than 48V
    • 5.1.2 48V and Above
  • 5.2 By Vehicle Type
    • 5.2.1 Passenger Car
    • 5.2.2 Commercial Vehicles
  • 5.3 By Geography
    • 5.3.1 China
    • 5.3.2 India
    • 5.3.3 Japan
    • 5.3.4 South Korea
    • 5.3.5 Rest of Asia-Pacific

6. COMPETITIVE LANDSCAPE

  • 6.1 Vendor Market Share
  • 6.2 Company Profiles*
    • 6.2.1 Toyota Motor Corporation
    • 6.2.2 Nissan Motor Co. Ltd
    • 6.2.3 Honda Motor Company Ltd
    • 6.2.4 The Hyundai Motor Company
    • 6.2.5 Kia Motors Corporation
    • 6.2.6 AB Volvo
    • 6.2.7 General Motors
    • 6.2.8 Suzuki Motor Corporation
    • 6.2.9 Volkswagen AG
    • 6.2.10 Mazda Motor Corporation
    • 6.2.11 BYD Motor Co.Ltd
    • 6.2.12 MG Motor India Pvt. Ltd
    • 6.2.13 Mercedes-Benz Group AG

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

  • 7.1 Development of Mild-Hybrid System
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Asia Pacific Mild Hybrid Vehicles Industry Segmentation

Mild hybrid vehicles have an internal combustion engine (ICE) equipped with an electric motor, which allows the engine to be turned off whenever the vehicle is coasting, braking, or stopped and restart quickly. Mild hybrid vehicles do not have an exclusive electric-only mode of propulsion. These vehicles employ regenerative braking and some level of power assist to the internal combustion engine (ICE).

The Asia-Pacific mild-hybrid vehicles market is segmented into capacity type, vehicle type, and country. Based on the capacity type, the market is segmented into less than 48 V, 48 V, and above. Based on the vehicle type, the market is segmented into passenger cars and commercial vehicles. Based on the country, the market is segmented into China, India, Japan, South Korea, and the rest of Asia-Pacific.

For each segment, the market sizing and forecast have been done based on the value (USD).

By Capacity Type Less than 48V
48V and Above
By Vehicle Type Passenger Car
Commercial Vehicles
By Geography China
India
Japan
South Korea
Rest of Asia-Pacific
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Asia Pacific Mild Hybrid Vehicles Market Research FAQs

How big is the APAC Mild-Hybrid Vehicles Market?

The APAC Mild-Hybrid Vehicles Market size is expected to reach USD 27.00 billion in 2025 and grow at a CAGR of 18.88% to reach USD 64.10 billion by 2030.

What is the current APAC Mild-Hybrid Vehicles Market size?

In 2025, the APAC Mild-Hybrid Vehicles Market size is expected to reach USD 27.00 billion.

Who are the key players in APAC Mild-Hybrid Vehicles Market?

Toyota Motor Corporation, Nissan Motor Co. Ltd, The Hyundai Motor Company, Volkswagen AG and Suzuki Motor Corporation are the major companies operating in the APAC Mild-Hybrid Vehicles Market.

What years does this APAC Mild-Hybrid Vehicles Market cover, and what was the market size in 2024?

In 2024, the APAC Mild-Hybrid Vehicles Market size was estimated at USD 21.90 billion. The report covers the APAC Mild-Hybrid Vehicles Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the APAC Mild-Hybrid Vehicles Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Fluorescent in-Situ Hybridization Industry Report

Statistics for the 2025 APAC Mild-Hybrid Vehicles market share, size and revenue growth rate, created by Mordor Intelligenceā„¢ Industry Reports. APAC Mild-Hybrid Vehicles analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.

APAC Mild Hybrid Vehicles Market Report Snapshots

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Asia-Pacific Mild Hybrid Vehicles Industry Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)