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$142 Bn Vehicle Electrification Market - Global Forecast to 2027

/EIN News/ -- Dublin, June 13, 2019 (GLOBE NEWSWIRE) -- The "Vehicle Electrification Market by Product (Start-Stop, PTC, EPS, Electric Air Conditioner, ISG, Starter Motor, Alternator, Actuator, Electric Pump-Vacuum, Oil & Water), 48V, ICE, BEV, HEV, PHEV, Vehicle Type, and Region - Global Forecast to 2027" report has been added to ResearchAndMarkets.com's offering.

The vehicle electrification market is projected to reach USD 142.1 billion by 2027 from USD 71.0 billion in 2019

The increasingly stringent emission control norms, growing environmental concerns, and technological advancements of electric vehicles are causing a paradigm shift in the automotive industry. Conventional automotive systems are powered by mechanical power. However, OEMs have realized that stringent emission regulations can be complied with through vehicle electrification. Therefore, the automotive industry has started developing alternatives to conventional, mechanically powered systems.

Vehicle electrification can be achieved through various alterations such as equipping vehicles with electric powertrain and conversion of mechanically operated systems to electrical. The trend of vehicle electrification is replacing the power source of mechanically powered automotive systems and components by electric motors, micro-processors, sensors, and actuators.

This trend of vehicle electrification is as a result of the fluctuating cost of conventional fuels and growing environmental concerns, which has resulted in regulations with decreased limits in tail-pipe emissions and increased fuel efficiency limits. The emission regulations demand minimum fleet level CO2 emissions.

The vehicle electrification market is dominated by a few global players and comprises several regional players. Some of the key players in the vehicle electrification market are Bosch Continental, Denso, Schaeffler, Delphi, and Valeo. Continental adopted the strategies of expansion, new product development, and partnership to retain its leading position in the vehicle electrification market.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Rising Need for 48v Architecture
5.2.1.2 Adoption of Advanced Technologies Such as E-Axle in Electric Vehicles
5.2.2 Restraints
5.2.2.1 Difficulty in Achieving and Maintaining Optimum Power-To-Weight Ratio
5.2.2.2 Higher Cost of Electric Systems
5.2.3 Opportunities
5.2.3.1 Use of Alternate Materials for Overall Weight Reduction To Open New Avenues in Electric Vehicle Technologies
5.2.3.2 Electrification of Commercial Vehicles
5.2.4 Challenges
5.2.4.1 Developing Fail-Safe Electronic and Electrical Components
5.2.4.2 High Cost of Hybrid and Plug-In Hybrid Vehicles

6 Industry Trend
6.1 Introduction
6.2 Company vs Product
6.3 48 V Hybrid Architecture
6.4 Porter's Five Forces Analysis
6.4.1 Threat of New Entrants
6.4.2 Threat of Substitutes
6.4.3 Bargaining Power of Suppliers
6.4.4 Bargaining Power of Buyers
6.4.5 Intensity of Competitive Rivalry

7 48v Vehicle
The Chapter is Further Segmented at Regional Level and Considered Regions are Asia Pacific, Europe, North America and RoW
7.1 Introduction
7.2 Need for 48v Architecture
7.3 48v Mild Hybrid Market, By Region
7.3.1 Europe is Estimated To Be the Largest Market
7.4 Impact of 48v Architecture

8 Vehicle Electrification Market, By Product Type
The Chapter is Further Segmented at Regional Level and Considered Regions are Asia Pacific, Europe, North America and RoW
8.1 Introduction
8.1.1 Research Methodology
8.1.2 Assumptions
8.1.3 The Market for Electric Air Conditioner Compressor is Projected To Grow at the Highest Cagr
8.2 Start-Stop
8.2.1 Asia Oceania is Projected To Be the Fastest Growing Market
8.3 Electric Power Steering (EPS)
8.3.1 Asia Oceania is Estimated To Be the Largest Market
8.4 Liquid Heater PTC
8.4.1 North American Market is Expected To Be the Second Largest
8.5 Electric Air Conditioner Compressor
8.5.1 North America is Project To Be the Fastest Growing Market Over the Forecast Period
8.6 Electric Vacuum Pump
8.6.1 The Asia Oceania Market for Electric Vacuum Pump is Estimated To Be the Largest Market
8.7 Electric Oil Pump
8.7.1 RoW is Projected To Be the Fastest Growing Market Over the Forecast Period
8.8 Electric Water Pump
8.8.1 North America is Projected To Be the Fastest Growing Market Over the Forecast Period
8.9 Starter Motor
8.9.1 Asia Oceania is Estimated To Be the Largest Market
8.1 Alternator
8.10.1 Asia Oceania is Estimated To Be the Largest Market
8.11 Integrated Starter Generator (ISG)
8.11.1 Europe Market is Estimated To Be the Second Largest
8.12 Actuator
8.12.1 Asia Oceania is Projected To Be the Fastest Growing Market Over the Forecast Period

9 Vehicle Electrification Market, By Vehicle Type
The Chapter is Further Segmented at Regional Level and Considered Regions are Asia Pacific, Europe, North America and Row
9.1 Introduction
9.1.1 Research Methodology
9.1.2 Assumptions
9.1.3 The Passenger Car Segment is Estimated To Be the Largest Market,
9.2 Passenger Car
9.2.1 Passenger Car Leads the Vehicle Electrification Market Owing To Its High Production in Asia Oceania
9.3 Light Commercial Vehicle (LCV)
9.3.1 LCV has the Prominent Market Share With Its Increasing Usage in US, China, and India

10 Vehicle Electrification Market, By Degree of Hybridization
The Chapter is Further Segmented at Regional Level and Considered Regions are Asia Pacific, Europe, North America and RoW
10.1 Introduction
10.1.1 Research Methodology
10.1.2 Assumptions
10.1.3 The ICE Vehicle Segment is Expected To Be the Largest Market, in Terms of Volume
10.2 Internal Combustion Engine (ICE) & Micro Hybrid Vehicle
10.2.1 Asia Oceania is Expected To Be the Largest Market, in Terms of Volume
10.3 Hybrid Electric Vehicle (HEV)
10.3.1 RoW is Expected To Be the Fastest Growing Market During the Forecast Period
10.4 Plug-In Hybrid Electric Vehicle (PHEV)
10.4.1 Asia Oceania is Expected To Be the Fastest Growing Market During the Forecast Period
10.5 Battery Electric Vehicle (BEV)
10.5.1 North America is Projected To Be the Largest Market During the Forecast Period
10.6 48 V Vehicle
10.6.1 Europe is Expected To Be the Largest Market, in Terms of Volume

11 Vehicle Electrification Market, By Region
The Chapter is Further Segmented at Regional and Country Level By Product Type and Considered Products are Start-Stop, Electric Power Steering, Electric Air-Conditioned Compressor, Electric Oil Pump, Electric Vacuum Pump, Electric Water Pump, Integrated Starter Generator, Liquid Heater PTC, Starter, Alternator, Actuator.
11.1 Introduction
11.1.1 Assumptions
11.2 Asia Oceania
11.2.1 China
11.2.1.1 China is Estimated To Record The Highest Growth
11.2.2 Japan
11.2.2.1 Electric Air Conditioner Compressor is Estimated To Record The Highest Growth
11.2.3 South Korea
11.2.3.1 Electric Power Steering is Expected To Hold The Second Largest Market
11.2.4 India
11.2.4.1 Electric Air Conditioner Compressor is Estimated To Record The Highest Growth
11.2.5 Rest of Asia Oceania
11.2.5.1 Electric Power Steering is Expected To Hold The Second Largest Market
11.3 Europe
11.3.1 Germany
11.3.1.1 Electric Vacuum Pump is Estimated To Record The Highest Growth
11.3.2 France
11.3.2.1 Electric Air Conditioner Compressor is Estimated To Record The Highest Growth
11.3.3 UK
11.3.3.1 Electric Air Conditioner Compressor is Estimated To Record The Highest Growth
11.3.4 Spain
11.3.4.1 Electric Power Steering is Expected To Hold The Largest Market
11.3.5 Rest of Europe
11.3.5.1 Electric Power Steering is Expected To Hold The Largest Market
11.4 North America
11.4.1 US
11.4.1.1 Liquid Heater PTC is Estimated To Record The Highest Growth
11.4.2 Canada
11.4.2.1 Electric Power Steering is Expected To Hold The Largest Market
11.4.3 Mexico
11.4.3.1 Integrated Starter Generator is Expected To Hold The Largest Market
11.5 RoW
11.5.1 Brazil
11.5.1.1 Electric Power Steering is Expected To Hold The Largest Market
11.5.2 Russia
11.5.2.1 Electric Air Conditioner Compressor is Estimated To Record The Fastest Growth
11.5.3 Rest of RoW
11.5.3.1 Actuator is Expected To Hold The Largest Market in Terms of Value

12 Competitive Landscape
12.1 Introduction
12.1.1 Vanguards
12.1.2 Innovators
12.1.3 Dynamic
12.1.4 Emerging
12.2 Vehicle Electrification Market: Vendor Dive Matrix
12.3 Competitive Benchmarking
12.3.1 Product Offering Scorecard (For All 15 Companies)
12.3.2 Business Strategy & Scorecard (For All 15 Companies)
12.4 Market Ranking
12.5 Competitive Scenario
12.5.1 Expansion
12.5.2 Supply Contracts
12.5.3 New Product Launches/Developments
12.5.4 Partnership/Joint Ventures
12.5.5 Mergers/Acquisition

13 Company Profiles
13.1 Bosch
13.2 Continental
13.3 Denso
13.4 Delphi
13.5 Mitsubishi
13.6 Borgwarner
13.7 Johnson Electric
13.8 Magna
13.9 Aisin Seiki
13.10 Johnson Controls
13.11 Additional Companies
13.11.1 Asia Oceania
13.11.1.1 Jtekt Corporation
13.11.1.2 Hitachi Automotive
13.11.1.3 Calsonic Kansei
13.11.2 Europe
13.11.2.1 Zf
13.11.2.2 Valeo
13.11.2.3 Wabco
13.11.2.4 Gkn
13.11.2.5 Schaeffler
13.11.2.6 Mahle
13.11.3 North America
13.11.3.1 Dana (US)

For more information about this report visit https://www.researchandmarkets.com/r/rb2e5m

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Related Topics: Electric and Hybrid Vehicles

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