Vehicle Electrification Market 2019 Global Size, Growth, Share, Merger, Industry Trends Competitive Analysis, With Regional Forecast To 2023
Vehicle Electrification Market 2019 Global Industry Analysis To 2023, is latest report on Global Vehicle Electrification Industry, published by Market Research Future. Global Vehicle Electrification market expected to rise at a healthy growth rate.
Pune, India – June 11, 2019 /MarketersMedia/ —
Vehicle Electrification Market 2019 Global Industry Analysis To 2023, is latest report on Global Vehicle Electrification Industry, published by Market Research Future. Global Vehicle Electrification Market Information by Product (Start/Stop System, EPS, Actuators, Starter Motor & Alternator, Electric Vacuum Pump, Integrated Starter Generator, Others), Voltage, Vehicle, Sales Channel – Forecast till 2023.
Major Vehicle Electrification Companies covered in the market report include Robert Bosch GmbH (Germany), Mitsubishi Electric Corporation (Japan), Denso Corporation (Japan), Johnson Electric (Hong Kong), ZF Friedrichshafen AG (Germany), Mando Corp. (South Korea), Delphi Automotive PLC (U.K.), JTEKT Corporation (Japan), Borgwarner Inc. (U.S.), Hitachi Automotive Systems, Ltd. (Japan), Continental AG (Germany), and Nexteer Automotive (U.S.) are the noteworthy players operating in the vehicle electrification market.
Free Sample “Vehicle Electrification Market Research Report – Global Forecast till 2023” report at: https://www.marketresearchfuture.com/sample_request/2043
Global Market Highlights:
Global Vehicle Electrification market has seen remarkable growth; expected to rise at a notable growth rate. Advances in key technologies and Fuel Economy Targets to Influence Vehicle Electrification Market Growth.
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 converting non-electrical system such as hydraulic suspension system to smart electromagnetic suspension.
Energy production rate is witnessing a slowdown which is estimated to be insufficient for the multiplying needs of the ever-increasing population, despite increasing energy efficiencies in consumption. The recent enthusiasm towards vehicle electrification stems from these factors, coupled with concerns relating to the security of oil supply.
Tightening governing fleet emissions and fuel economy targets at national, regional, and city levels have added to the growth of the market significantly. Improvements in key vehicle electrification technologies have also fostered the growth of the market. Also supporting to set the stage for greater vehicle electrification market growth are advances in battery efficiency translating into lower cost and higher range, and improvement of wide-scale charging infrastructure in the US, Europe, and China.
Despite the massive popularity of electric vehicles, fuel consumption benefits of vehicle electrification are limited by underlying factors. Vehicle electrification is not yet able to deliver full performance even though electric power and speed improvements are key benefits. In addition, several challenges associated with storing, charging, and making use of electric energy is likely to constrain the growth of the market.
Segmentation:
The global vehicle electrification market is segmented based on 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:
By region, the vehicle electrification market has been segmented into North America, Rest-of-the-World (RoW), Europe, and Asia Pacific (APAC).
The APAC vehicle electrification market accounts for the largest share of the global vehicle electrification market owing to rigorous regulations in the region to reduce vehicular emissions. China is a key contributor to the APAC market where pollution has become a major concern and has reached to a hazardous stage. China 6 Emission Standard for diesel and gasoline vehicles has been enacted by the Ministry of Environmental Protection (MEP). The escalating air pollution level in other emerging economies has also paved the way for the vehicle electrification market. In India, Faster Adoption and Manufacturing of Electric and Hybrid (FAME-II) is a scheme which encourages the shift towards electric vehicles.
North America is likely to follow APAC in the vehicle electrification market which will be led by the US.
Table Of Contents
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
4 Market Dynamics
4.1 Introduction
4.2 Market Drivers
4.3 Market Restraints
4.4 Market Opportunities
4.5 Market Trends
5 Global Vehicle Electrification Market, By Product
5.1 Introduction
5.2 Start/Stop System
5.2.1 Market Estimates & Forecast, 2018-2023
5.2.2 Market Estimates & Forecast By Region, 2018-2023
5.3 EPS
5.3.1 Market Estimates & Forecast, 2018-2023
5.3.2 Market Estimates & Forecast By Region, 2018-2023
Continued…
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
Continued…
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
Continued…
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