According to a new report from Markets and Markets, the global hybrid vehicle market will reach 4.169 million vehicles in 2018, and the market size is expected to reach 7.593 million by 2025, with a compound annual growth rate of 8.94% over the period.
The hybrid vehicle market is driven by many factors, such as better fuel efficiency, longer mileage than other electric vehicles, less emissions, and government incentives related to hybrid cars and power infrastructure.
According to the power system, parallel hybrid vehicles will become one of the fastest growing markets, benefiting from less complex systems and their high performance. Parallel hybrid vehicles are also suitable for long-distance driving. And since the engine and the battery are directly connected to the motor, the energy conversion loss in the parallel hybrid system is minimal. Regenerative braking systems are the most commonly used technology in hybrid vehicles. Compared with plug-in hybrid electric vehicles, the use of regenerative braking systems and the low cost of micro and mild hybrid vehicles will drive the demand for parallel hybrid vehicles. Therefore, the parallel hybrid car segment will dominate the hybrid vehicle market during the forecast period.
According to the type of vehicle, the passenger vehicle segment will lead the hybrid vehicle market. This increase can be attributed to the high demand for personal travel, improved per capita income, and improved lifestyle. High sales of passenger cars, strict emission regulations, and growing demand for large and medium-sized cars have driven market growth. In addition, many countries’ governments are providing purchase subsidies and tax refunds for the purchase or rental of hybrid vehicles.
By region, the Asia Pacific region represents the largest market for green technology in the world. The growth of hybrid vehicles in the region was mainly attributed to the huge sales of Japan and China. In response to increasing emissions, various countries in the region will focus on the deployment of large numbers of low-emission vehicles in the coming years. In addition, the Asia Pacific region is the focus of Toyota, Honda, Nissan, Kia, BYD, Hyundai and other major manufacturers of hybrid vehicles. Toyota has the highest share of global hybrid vehicle sales. In addition, Asian governments have also promoted growth in the hybrid vehicle market by providing subsidies.
The hybrid vehicle market is dominated by a few global players, including Toyota (Japan), Ford (USA), Volvo (Sweden), Continental Group (Germany), Daimler (Germany), Delphi (UK) and others.
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To adapt to the performance of agricultural machinery supporting big-power tractors, the series products adopt the enlarged square beam frame structure (10*100), ten modulus thickened gear, strengthened gantry suspension bracket, enlarged and thickened iron ball box body and thickened cutter shaft and spline shaft, of which, the cutter shaft is made ofφ80 thickened seamless steel tubes and is connected by a new type of connecting disc, and the spline shaft is the φ60 thickened spline shaft.
Located in the "Town of coal and machinery" (east of Beishou Road, North Dayu Street, Yanzhou District, Jining City, Shandong), Shandong Dafeng Machinery Co., Ltd. (hereinafter referred to as the "Company") is a manufacturer of agricultural machinery that integrates R&D, manufacturing, sale and service activities. Since 1995, the Company has 20-year history of developing and manufacturing agricultural machines and witnessed the startup and growth of China harvester market.
The Company's R&D and manufacturing focus on the corn segment. Its leading products include Gold Dafeng three-row self-propelled corn harvesters and Gold Dafeng four-row self-propelled corn harvesters, which all passed national promotion appraisal and enrolled into the list of promoted products. Meanwhile, its new generation Gold Dafeng corn harvesters have been developed and tested and ready to go on sale.
Employing more than 600 people, the Company is composed of manufacturing department, marketing department, engineering department, purchase department, process equipment department, QA department, HR department, administrative department, financial department, etc. The Company totally covers 100,000m2. Till now, the phase I and phase II, which include a 33,600m2 modern standard plant building and a 1,500m2 office building, have been completed, and their total investment was more than RMB 180 million.
The Company is very strong in high-efficiency Corn Harvester development and manufacturing. Now it has 160 sets of production equipment including advanced CNC laser cutter, CNC plasma cutter, 3D cutting robot, fully automatic flat line, welding robot, electrophoresis and vanish baking equipment and flexible assembly line, and 200 sets of test equipment such as 3D coordinate measuring instrument, dynamic balancing machine, ultrasonic flaw detector, physical and chemical lab, infrared thermometer, paint film thickness gauge, etc. In addition to these instruments, it also has a great variety of detecting means. The high R&D, production and detection strengths together ensure that the Company's high-efficiency corn harvesters are highly precise, reliable and efficient.
Always operating in line with the honest and win-win philosophy, the Company formed good partnership with its suppliers and dealers, which in turn strengthens and stabilizes its supply and completing system. Now, its supplier number is 160, of which more than 110 are professional manufacturers with high production capacity. Its sales and after-sales service networks covers all major corn production areas in China, such as Shandong, Henan, Anhui, Shanxi, Shaanxi, Hebei, Jiangsu, Inner Mongolia, Heilongjiang, Jilin and Liaoning.
In future, the Company, still following the "Grateful, Honest, Efficient, Partnership-Oriented, Innovative and Responsible" concept, will continue to focus on developing and manufacturing high-efficiency corn harvesters and strive to bring its sales to more than RMB 5 billion within the coming 5 years. Aiming at becoming the top-class professional corn harvester manufacturer in China, the Company is endeavoring to build gold quality and make great contribution to agricultural modernization. Welcome to join us for great success and bright future.
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Shandong Gold Dafeng Machinery Co., Ltd , https://www.golddafengharvester.com