There were 964 press releases posted in the last 24 hours and 189,968 in the last 365 days.

Automotive 48V System Market to Generate $21.0 Billion By 2027 at CAGR 26.5%.| Major Companies, Strategies & New Trends

Surge in demand for hybrid & electric vehicles and rise in adoption of 48V battery system propel the growth of the global automotive 48V system market

PORTLAND , OREGON, UNITED STATES, October 13, 2020 /EINPresswire.com/ -- The demand for hybrid vehicles is increasing, owing to numerous advantages. On the other hand, the key market players are also investing to develop the latest solutions to meet the demand. These activities are leading the market to evolve further. According to a report published by Allied Market Research, the global automotive 48V system market is anticipated to reach $21.00 billion by 2027. The rise in demand for a 48V system and stringent regulation regarding low emission are the major factors that drive the growth. Moreover, the increased safety comfort features in vehicles, innovative launches, and new market strategies are expected to usher a number of opportunities in the near future.

As the development processes got accelerated in the automotive industry, the competition between the internal combustion engine and electric motors has been magnificently increased. These engines are most commonly used in hybrid and pure electric vehicles (EVs). And, as personal mobility is becoming an essential reconsideration, the competition is anticipated to increases drastically. The result might fascinate you with a completely new design of automobiles with novel approaches and capabilities.

Download sample report (210 page PDF with insights, charts, tables, pictures) @ https://www.alliedmarketresearch.com/request-sample/7001

The change, for the starters, has been literally pressurized due to a number of important factors including the immense impact of mobility on the environment, a number of stringent regulations issued by government bodies, and rising expectations as well as demand regarding the latest features and advancements in our vehicles. And to an extended limit, EVs have come out to be an absolute result of novel advancement with multi-sensors, multimedia infotainment systems and applications, multi-actuator engine control unit, and no emissions.

Get detailed COVID-19 impact analysis on the Automotive 48V System Market Request Here!

The advent of the 48-volt electrical system has geared up the development of EVs. This new voltage system has opened up a number of cost-efficient opportunities for hybridization. The prime reason for adopting the 48V electrical system is to reduce CO2 emissions. Furthermore, 48V has boosted engine performance along with enhancing power functions. In addition, it supplemented torque enabling more handling and better performance. Owing to the advantages EV manufacturers have started adopting 48-volt electrical systems.

Interested in procuring data? Inquire here at https://www.alliedmarketresearch.com/purchase-enquiry/7001

The key market players are investing in the 48V system and are leading to adopt different market strategies in order to expand market growth. On the other hand, the industry is bringing new solutions and innovative launches to meet rising customer demand. The market is prospering with multiple activities. Let’s get to some of the recent happenings in the market.

Advanced and innovative products to hit the market field. The automotive industry is thriving with the latest launches. Recently, a very well-known luxury car manufacturer, Maserati, has launched a mild-hybrid version of Ghibli. With new advancements, the company has replaced its V6 diesel with a 48V mild-hybrid system along with a turbo 2.0-liter four-cylinder petrol engine. With this, the company claims that the drivetrain offers better performance with fewer CO2 emissions and enhanced speed.

Apart from this, another leading automotive manufacturer, Chevrolet, as well introduced new Orlando variants with 48V mild-hybrid technology, in China. The 48V mild-hybrid system consists of a 48V motor, power management module, 48V power battery, and hybrid control unit. With the new integration, the automotive provides a more reliable, smoother, and soundless driving experience.

Report Customization @ https://www.alliedmarketresearch.com/request-for-customization/7001

Leading market player

BorgWarner Inc.
Robert Bosch GmbH
Continental AG
Dana Limited
Delphi technology
Melrose Industries PLC (GKN)
Lear Corporation
Magna International Inc.
MAHLE Powertrain Ltd.
Valeo SA

Similar Reports

Air Brake System Market
https://www.alliedmarketresearch.com/air-brake-system-market

Turbocharger Market
https://www.alliedmarketresearch.com/turbocharger-market

Automotive Acoustic Engineering Services Market
https://www.alliedmarketresearch.com/automotive-acoustic-engineering-services-market-A06527

Automotive Advanced High Strength Steel (AHSS) Market
https://www.alliedmarketresearch.com/automotive-advanced-high-strength-steel-market-A06032

Automotive Selective Catalytic Reduction (SCR) Market
https://www.alliedmarketresearch.com/automotive-selective-catalytic-reduction-market-A06015

About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

David Correa
Allied Analytics LLP
+1 800-792-5285
email us here
Visit us on social media:
Facebook
Twitter
LinkedIn

Avenue.! An Online Subscription Based Library of Reports - Allied Market Research