Vehicle Electrification Market 2018 Global Key Company Profiles Analysis: Industry Size, Share, Trends, And Regional Forecast To 2023

Market Research Future published a Half Cooked research report on “Global Vehicle Electrification Market Research Report - Forecast to 2022” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2022.

Global Vehicle Electrification Market Research Report: 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.

Ask  for  your  specific  company  profile  and  country  level  customization  on  reports. 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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Market Scenario:

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 also converting non-electrical system such as hydraulic suspension system to smart electromagnetic suspension. The electrification can be done for different types of vehicle at different voltage type, which includes 12V, 14V, 24V, and 48V. 48V voltage is the most commonly used voltage type in vehicles.

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.

The vehicle electrification market is segmented based on product, vehicle type, sales channel. On the basis of product, the market is segment into start/stop system, EPS, actuators, starter motor & alternator, electric vacuum pump, integrated starter generator, and others. The Integrated Starter Generator (ISG) is expected to account for the largest market during the forecast period due to the ability to shut down the engine automatically when the vehicle is idle or stuck in traffic. ISG reduces the vibration and noise, improving the comfort for users. ISG replaces the conventional starter, generator and flywheel of the engine to provide improved efficiency. It switches off the combustion engine automatically when at traffic and restarts it in less than one hundred millisecond.

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.

The report for Global Vehicle Electrification Market of Market Research Future comprises extensive primary research along with the detailed analysis of qualitative and quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.

Table of Contents:

1 Executive Summary

2 Scope Of The Report

2.1 Market Definition

2.2 Scope Of The Study

2.2.1 Research Objectives

2.2.2 Assumptions & Limitations

2.3 Markets Structure

3 Market Research Methodology

3.1 Research Process

3.2 Secondary Research

3.3 Primary Research

3.4 Forecast Model

4 Market Landscape

4.1 Five Forces Analysis

4.1.1 Threat Of New Entrants

4.1.2 Bargaining Power Of Buyers

4.1.3 Threat Of Substitutes

4.1.4 Segment Rivalry

4.2 Value Chain Of Global Biometric Vehicle Access Market

5 Industry Overview Of Global Biometric Vehicle Access Market

5.1 Introduction

5.2 Growth Drivers

5.3 Impact Analysis

5.4 Market Challenges

5.5 Impact Analysis

6 Market Trends

6.1 Introduction

6.2 Growth Trends

Continued…

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