Vehicle Electrification Market 2018 Key Country Outlook: Global Key Players Bosch, Continental, ZF Friedrichshafen, Denso, JTEKT, Nexteer, Mitsubishi, Mando, Borgwarner, Delphi, Johnson Electric, And Hitachi

Vehicle Electrification Market Share, Growth, Trends, and Key Country Analysis Research Report 2018: Global Forecast to 2022, Global Vehicle Electrification Market will Register highest growth through 2022. Report provides in-depth analysis of Vehicle Electrification Industry by Product (Start/Stop System, EPS, Actuators, Starter Motor & Alternator, Electric Vacuum Pump, Integrated Starter Generator, Others), Voltage, Vehicle, Sales Channel, and by Region.

Top Vehicle Electrification Manufacturers Competitive Landscape:

Vehicle Electrification market is volatile and highly competitive with the presence of some well-established vendors. The eminent players of the market include The key players in Vehicle Electrification market are Robert Bosch GmbH (Germany), Continental AG (Germany), ZF Friedrichshafen AG (Germany), Denso Corporation (Japan), JTEKT Corporation (Japan) ,Nexteer Automotive (U.S.), and Mitsubishi Electric Corporation (Japan). Mando Corp. (South Korea), Borgwarner Inc. (U.S.), Delphi Automotive PLC (U.K.), Johnson Electric (Hong Kong), and Hitachi Automotive Systems, Ltd. (Japan) are among others.

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These market participants are continuously implementing various strategies such as mergers, partnership, collaboration, product launches, etc. to gain a substantial edge over the market. Competition in the Vehicle Electrification market is heating up. As these key players are increasingly investing towards the development of new technology, many smaller companies will not be able to keep up with the technological pace.

Market Overview:

The factors that are responsible for the growth of vehicle electrification market are reduction in pollutants, the development of new intelligent transport systems, growing demand for electric vehicles, and strict government regulations coupled with emergence of eco-friendly vehicles. Pollution and traffic have resulted in the demand for mobility solution in most cities in the world. The international and national governments across the world have been developing new strategies to reduce emission and to improve urban environmental conditions. The development of new strategies for emission control will result in many manufacturers to adopt electrification in the vehicles. The development of intelligent transport system is transforming the transport system for developing new ways to reduce traffic. The future transport systems will be connected, data-driven, shared, electric, and highly automated. The transformation of transport system will increase the demand for electrification in vehicles. The rising concern regarding environmental pollution has resulted in the the development of stringent government regulations. The federal government has enacted different policies and legislation that have promoted the U.S. electric vehicle market. New efforts have been proposed to support the development of technology through improvements in tax credits, investment in R&D, and encouraging the communities to invest in the growth of infrastructures. This will result in higher adoption in electrification in the vehicles. The emergence of eco-friendly vehicles has also played a major role in increasing the demand for electrification. In Europe, people are encouraged and have created much awareness for eco-friendly vehicles. Additionally, rising health concerns, and growing demand for electrification, have propelled the Europe market for vehicle electrification.

Segmentation:

The global vehicle electrification market is segmented in to 3 key dynamics for the convenience of the report and enhanced understanding;

Segmentation by product: Comprises electric power steering, electric air conditioner and others
Segmentation by Application: Comprises passenger car and commercial vehicles
Segmentation by Regions: Comprises Geographical regions - North America, Europe, APAC and Rest of the World.
Regional Analysis:

On the basis of region, the market is segmented into North America, Asia Pacific, Europe, and Rest of the World. Asia Pacific region is expected to account for largest market share due to increased government regulation to reduce emission. In December 2016, the Ministry of Environmental Protection (MEP), has issued the China 6 Emission Standard for gasoline and diesel vehicles. This standard will enable the manufacturers to move towards development of electric vehicles. The development of electric vehicles will result in the growth of vehicle electrification. North America is expected to be the second largest market. In North America, U.S. has dominated the vehicle electrification market.

List of Tables:

Table 1 Vehicle Electrification Market: By Region, 2017-2023

Table 2 North America Vehicle Electrification Market: By Country, 2017-2023

Table 3 Europe Vehicle Electrification Market: By Country, 2017-2023

Table 4 Asia Pacific Vehicle Electrification Market: By Country, 2017-2023

Table 5 RoW Vehicle Electrification Market: By Country, 2017-2023

Table 6 Vehicle Electrification Market, By Body Type, By Regions, 2017-2023

Table 7 North America Vehicle Electrification Market, By Body Type, By Country, 2017-2023

Table 8 Europe Vehicle Electrification Market, By Body Type, By Country, 2017-2023

Table 9 Asia Pacific Vehicle Electrification Market By Body Type, By Country, 2017-2023

Table 10 RoW Vehicle Electrification Market By Body Type, By Country, 2017-2023

Continued…

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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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