Vehicle Electrification Market - Global Size, Industry Trends, Share, Leading Players, Opportunities, Segments, Business Growth, And Regional Forecast To 2023

The report on the global Vehicle Electrification Market covers historical market trends, current market dynamics, market valuation by segmentation as well as region, country-level analysis for every segment, key player's market share analysis, competitive landscape and supply chain analysis.

Market Highlights:

Vehicle electrification has gained monumental traction in the recent years due to the high demand for appropriate, and cost-efficient fossil fuel alternatives. The global vehicle electrification market is expected to achieve a healthy CAGR during the forecast period of 2018 to 2023; this projection has been made by Market Research Future in their newly published and highly insightful market report on the subject.

Vehicle electrification is the method of electrifying the vehicle at all aspects. It may cover the electrification of propulsion and different components of the vehicles. In general, the effort of electrification is made to design mild to full hybrid vehicle to full electric vehicles and also converting non-electrical system such as hydraulic suspension system to smart electromagnetic suspension. The electrification can be done for different types of vehicle at different voltage type, which includes 12V, 14V, 24V, and 48V. 48V voltage is the most commonly used voltage type in vehicles.

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Companies Covered:

Robert Bosch GmbH (Germany)
Continental AG (Germany)
ZF Friedrichshafen AG (Germany)
Denso Corporation (Japan)
JTEKT Corporation (Japan)
Nexteer Automotive (U.S.)
Mitsubishi Electric Corporation (Japan)
Mando Corp. (South Korea)
Borgwarner Inc. (U.S.)
Delphi Automotive PLC (U.K.)
Johnson Electric (Hong Kong)
Hitachi Automotive Systems, Ltd

Market Segments Analysis:
The global vehicle electrification market is segmented on the basis of product, voltage, sales channel, vehicle type, and region.
By product, the market is segmented into the start/stop system, EPS, actuators, starter motor & alternator, electric vacuum pump, integrated starter generator, and others.
By voltage, the market is segmented into 12V, 14V, 24V, and 48V. By the sales channel, the market is segmented into OEM and aftermarket.
By vehicle type, the market is segmented into ICE & micro hybrid, hybrid electric vehicle (HEV), plug-in hybrid vehicle (PHEV), and battery electric vehicle (BEV).
By region, the global market is segmented into North America, Europe, Asia-Pacific and the Rest of the World.

Regional Analysis:

The Asia-Pacific leads the market with the largest share due to the increased involvement of the governments in this region targeting the reduction of emissions. Pollution is a large problem in these regions due to the sheer size of the populations in rapidly emerging economies such as India, China, Japan, and others. The serious pollution in China has led to dense grey smog-filled skies which have been proven to be responsible for one in five debts in the most heavily polluted cities of the country.

This, in turn, has led the Chinese government to issue stringent regulations regarding vehicle emissions. For instance, in 2016, the Chinese Ministry of Environmental Protection (MEP) issues the China 6 Emission Standard for gasoline and diesel vehicles. China, India and other emerging economies in the region are also some of the largest manufacturers of automotive vehicles due to the rapid industrialization ongoing in the region in an effort to leverage the reduced operational costs available. The development of electric vehicles once widely adopted is expected to move increased scale of manufacture to the Asia-Pacific in the future.

Intended Audience:

Vehicle Electrification Market Key Company
Vehicle Electrification Market firms
Research/Consultancy firms

The report for Global Vehicle Electrification Market of Market Research Future covers extensive primary research. This is accompanied with a detailed analysis of qualitative and quantitative aspects by various industry experts and key opinion leaders to gain deeper insights into the market and industry performance. The report gives a neat picture of the current market scenario, which includes the historical and forecasted market size, in terms of value and volume, technological advancement, macroeconomic, and governing factors of the market. The report provides comprehensive information about the strategies of the top companies in the industry, along with a broad study of the different market segments and regions.

Table of Content:

1 Executive Summary

2 Scope Of The Report

2.1 Market Definition

2.2 Scope Of The Study

2.2.1 Definition

2.2.2 Research Objective

2.2.3 Assumptions

2.2.4 Limitations

2.3 Research Process

2.3.1 Primary Research

2.3.2 Secondary Research

2.4 Market Size Estimation

2.5 Forecast Model

3 Market Landscape

3.1 Porter s Five Forces Analysis

3.1.1 Threat Of New Entrants

3.1.2 Bargaining Power Of Buyers

3.1.3 Threat Of Substitutes

3.1.4 Segment Rivalry

3.1.5 Bargaining Power Of Buyers

3.2 Value Chain/Supply Chain Analysis


List Of Tables

Table 1 Global Vehicle Electrification Market: By Region, 2018 2023

Table 2 North America Vehicle Electrification Market: By Country, 2018 2023

Table 3 Europe Vehicle Electrification Market: By Country, 2018 2023

Table 4 Asia-Pacific Vehicle Electrification Market: By Country, 2018 2023

Table 5 RoW Vehicle Electrification Market: By Country, 2018 2023

Table 6 Global Vehicle Electrification Market, By Component, By Regions, 2018 2023


List Of Figures:

FIGURE 1 Research Process Of MRFR

FIGURE 2 Top Down & Bottom Up Approach

FIGURE 3 Market Dynamics

FIGURE 4 Impact Analysis: Market Drivers

FIGURE 5 Impact Analysis: Market Restraints

FIGURE 6 Porter s Five Forces Analysis

FIGURE 7 Value Chain Analysis


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Release ID: 487281