Frost and Sullivan predict big things for manufacturers of hybrid engines ~ Hybrid Car Review
Hybrid Car Review: Frost and Sullivan predict big things for manufacturers of hybrid engines

Wednesday, September 27, 2006

Frost and Sullivan predict big things for manufacturers of hybrid engines

With the growth of hybrid car sales, manufacturers who can build hybrid engines have a big opportunity ahead.

Hybrid vehicles spell opportunity for U.S. motor manufacturers

An analysis from Frost & Sullivan, Strategic Analysis of Hybrid Automobiles and Impact on the U.S. Motors Markets, reveals that revenues in that market totaled $373.2 million in 2005 and predicts the total will jump to $851.9 million by 2012. The analysis attributes the growth to the increasing U.S. consumer demand for alternative means to reduce overall fuel expenditures.
Presently, most hybrid vehicle makers produce motors in-house because such motors require extensive customization and there is no standardized technology. However, as hybrid vehicle demand grows, manufacturers producing motors in-house will prefer to outsource motors to vendors that have a deeper understanding of the operational, supply chain and technical requirements of the hybrid automotive industry, predicts Frost & Sullivan.

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