Future of Hybrid Cars Remains Buoyant Despite Recession

The sales of hybrid cars worldwide are forecasted to grow at a CAGR of around 20% between 2009 and 2012 despite recent economic crisis, says RNCOS.

Noida, India, December 06, 2009 --(PR.com)-- Thanks to the growing concerns over the reduction of carbon emissions coupled with highly volatile oil prices, the world has witnessed remarkable growth in the development of low emission vehicles. The global automobile players have been investing massive amounts into the development of advanced and better alternative fuel vehicles for recent some years. “One of the most enticing developments has been the introduction of hybrid vehicles - vehicles that use multiple propulsion systems for the motive power”, says their new research report “Hybrid Car Market Forecast to 2012”.

The production of hybrid car globally has enjoyed a healthy growth trend in volume terms in recent years. The sales of hybrid cars have also reported a similar trend despite the global economic slowdown. In fact, the recession that has engulfed global economy could not distract players from making hybrid cars their focus area for future development.

Their industry experts have predicted buoyant future for the hybrid car market worldwide after analyzing the factors, which will drive growth in the market during forecast period. The report anticipates that the introduction of new low-cost and fuel efficient hybrid car models by leading automakers, such as Honda and Toyota, will be one of the major reasons triggering growth in the hybrid car sales in near future.

Besides a couple of growth drivers mentioned above, their research report reveals that the role of governments will remain crucial in promoting the use of green cars at both national and international level. They anticipate that the global hybrid car sales will witness a CAGR of around 20% during 2009-2012.

“Hybrid Car Market Forecast to 2012” provides comprehensive research and unbiased analysis of the current and future development of hybrid cars across various key and emerging markets. The report reviews the hybrid car market at the global as well as country level and gives reliable statistical information about the market. Forecasting has been done after considering the impact of economic slowdown on the market. Their research will help clients to capitalize on the emerging opportunities in the global hybrid car market.

For Free Sample of this report visit: http://www.rncos.com/Report/IM199.htm

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About RNCOS:

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.

Shushmul Maheshwari
Chief Executive
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