The Vehicle Electrification market research report is a comprehensive analysis on the study of industry. Market research included in this report helps the management of a firm in planning by providing accurate and up- to-date information about the consumer’s demands, their changing tastes, attitudes, preferences, and buying intentions etc. Further, manufacturer can adjust production according to the conditions of demand which are analysed here. It also supports to secure economies in the distribution of products and find out the best way of approaching the potential. With the data covered in this Vehicle Electrification report, marketing of goods can be made efficient and economical which leads to elimination of all type of wastage.
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Global vehicle electrification market is expected to rise to an estimated value of USD 133.85 billion by 2026, registering a substantial CAGR in the forecast period of 2019-2026. This rise in market value can be attributed to the availability of advanced technologies for electric vehicles, as well as increased demand for 48 V infrastructure and architecture in vehicles.
Leading Players in the Vehicle Electrification Market: Robert Bosch GmbH; Continental AG; DENSO CORPORATION; Delphi Technologies; MITSUBISHI MOTORS CORPORATION; BorgWarner Inc.; Magna International Inc.; Johnson Electric Holdings Limited; AISIN SEIKI Co., Ltd.; JTEKT Corporation; Hitachi Automotive Systems, Ltd.; Allison Transmission Inc.; Calsonic Kansei Corporation; ZF Friedrichshafen AG; Valeo; WABCO; GKN Sinter Metals Engineering GmbH; Schaeffler AG; MAHLE GmbH; Dana Limited; Nexteer Automotive; Mando Corp.; Volkswagen AG; Honda Motor Co., Ltd. among others.
The Vehicle Electrification market analysis is intended to provide all participants and vendors with pertinent specifics about growth aspects, roadblocks, threats, and lucrative business opportunities that the market is anticipated to reveal in the coming years. This intelligence study also encompasses the revenue share, market size, market potential, and rate of consumption to draw insights pertaining to the rivalry to gain control of a large portion of the market share.
The Vehicle Electrification Industry is extremely competitive and consolidated because of the existence of several established companies that are adopting different marketing strategies to increase their market share. The vendors engaged in the sector are outlined based ontheir geographic reach, financial performance, strategic moves, and product portfolio. The vendors are gradually widening theirstrategic moves,along with customer interaction.
Vehicle Electrification Market Segmented by Region/Country: US, Europe, China, Japan, Middle East & Africa, India, Central & South America
By Product Type
- Electric Power Steering (EPS)
- Liquid Heater Positive Temperature Coefficient (PTC)
- Electric Air Conditioner Compressor
- Electric Vacuum Pump
- Electric Oil Pump
- Electric Water Pump
- Thermoelectric Generator
- Electric Turbocharger
- Starter Motor
- Integrated Starter Generator (ISG)
By Vehicle Type
- Passenger Cars (PC)
- Light Commercial Vehicle (LCV)
- Heavy Commercial Vehicle (HCV)
By Degree of Hybridization
- Internal Combustion Engine (ICE) & Micro Hybrid Vehicle
- Hybrid Electric Vehicle (HEV)
- Plug-In Hybrid Electric Vehicle (PHEV)
- Battery Electric Vehicle & Fuel Cell Electric Vehicle (BEV & FCEV)
- 48 V Vehicle
By Channel Type
- Original Equipment Manufacturers (OEMs)
- North America
- Rest of Europe
- South Korea
- Rest of Asia-Pacific
- South America
- Rest of South America
- Middle East and Africa
- Saudi Arabia
- South Africa
- Rest of Middle East and Africa
Key Developments in the Market:
- In December 2018, AISIN SEIKI Co., Ltd. and DENSO CORPORATION announced that they had agreed to a merger and formulation agreement for establishing a new company for developing and selling automotive modules for electric vehicles. The company will be known as “BluE Nexus”. The combined capabilities of both the companies to supply vehicle electrification services will be able to establish a company which will fulfil the vast needs of various automotive manufacturers.
- In September 2018, WABCO announced that they had agreed to a “MOU” Memorandum of Understanding with Nidec Motor Corporation for the development, designing, manufacturing and sale of electric drivetrain and brake control systems for commercial vehicles in longitudinal control. Lack of electric powertrain systems in the market is one of the major factors behind this strategy. Combining the technologies of both the unique strengths of organizations will help in accelerating the development of electrified powertrain solution.
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Points Covered in the Report:
- The pivotal aspects considered in the Global Vehicle Electrification Market report consist of leading competitors functioning in the Global Vehicle Electrification market
- The report encompasses company profiles prominently positioned in the global market.
- The sales, corporate strategies, and technological capabilities of leading manufacturers are also mentioned in the report.
- The driving factors for the growth of the Global Vehicle Electrification Market are explained exhaustively, along with an in-depth account of the endusers in the industry.
- The report also explains critical application areas of the market to readers/users.
- The report undertakes a SWOT analysis of the market. In the final section, the report features the opinions and views of industry experts and professionals. The experts also evaluate the export/import policies that might propel the growth of the Global Vehicle Electrification Market.
- The report on the Global Vehicle Electrification Market delivers valuable information for policymakers, investors, stakeholders, service providers, producers, suppliers, and organizations operating in the industry and looking to purchase this research document.
Fundamentals of Table of Content:
1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered
1.4 Market Analysis by Type
1.5 Market by Application
1.6 Study Objectives
1.7 Years Considered
2 Global Growth Trends
2.1 Vehicle Electrification Market Size
2.2 Vehicle Electrification Growth Trends by Regions
2.3 Industry Trends
3 Market Share by Key Players
3.1 Vehicle Electrification Market Size by Manufacturers
3.2 Vehicle Electrification Key Players Head office and Area Served
3.3 Key Players Vehicle Electrification Product/Solution/Service
3.4 Date of Enter into Vehicle Electrification Market
3.5 Mergers & Acquisitions, Expansion Plans
4 Breakdown Data by Product
4.1 Global Vehicle Electrification Sales by Product
4.2 Global Vehicle Electrification Revenue by Product
4.3 Vehicle Electrification Price by Product
5 Breakdown Data by End User
5.2 Global Vehicle Electrification Breakdown Data by End User
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