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Vehicle Electrification Market 2019 | Key Developers, Demand Overview, Business Opportunities, Growth Factors, Trends and Forecast 2023
Vehicle Electrification Market
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The vehicle electrification market has seen a major growth rate owing to the considerable shifting of the technologies of the automotive market from hydrocarbon energy to electrical energy. The requirement of light weighted automobiles to improve fuel efficiency and reduced carbon emissions drives the growth of this market. Moreover, the efforts put in by the various key players of this market for the development of this technology leads to exponential growth of the market. However, it is hard to replace an energy source such as gasoline of the oil & gas sector with electricity due to high power generation capacity of the former, which restrains the market growth.
Key Benefits
• The study provides an in-depth analysis of the vehicle electrification market with current and future trends to elucidate the imminent investment pockets in the market.
• The report provides information about the key drivers, restraints, and opportunities.
• Quantitative analysis of the current trends and future estimations from 2017 to 2023 are provided to showcase the financial competence of the market.
• Porters Five Forces model analysis of the industry illustrates the potency of the buyers and suppliers participating in the market.
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Vehicle Electrification Market Key Segmentation
By Vehicle Type
• Passenger Car
• Light Commercial Vehicle
• Heavy Commercial Vehicle
• Two - Wheeler Product
By Product Type
• Start/Stop System
• Electric Power Steering (EPS)
• Electric Air-Conditioner Compressor
• Electric Vacuum Pump
• Electric Oil Pump
• Electric Water Pump
• Liquid Heater PTC
• Integrated Starter Generator (ISG)
• Starter Motor & Alternator
• Actuators
By Degree of Hybridization
• Internal Combustion Engine (ICE) & Micro-Hybrid Vehicle
• Hybrid Electric Vehicle (HEV)
• Plug-In Hybrid Electric Vehicle (PHEV),
• Battery Electric Vehicle (BEV)
• 48V Mild-Hybrid
By Geography
• Asia-Pacific
• Europe
• North America
• LAMEA
Key Players
• Robert Bosch GmbH
• Continental AG
• Denso Corporation
• Delphi Automotive PLC
• Johnson Electric Holdings Ltd.
• Volkswagen, Toyota Motor Corporation
• Honda Motor Co. Ltd
• Mitsubishi Electric Corporation
• TRW Automotive Holdings Corp.
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Allied Market Research, a market research and advisory company of Allied Analytics LLP, provides business insights and market research reports to large as well as small & medium enterprises. The company assists its clients to strategize business policies and achieve sustainable growth in their respective market domain.
Allied Market Research provides one stop solution from the beginning of data collection to investment advice. The analysts at Allied Market Research dig out factors that help clients to understand the significance and impact of market dynamics. The company amplies client’s insight on the factors, such as strategies, future estimations, growth or fall forecasting, opportunity analysis, and consumer surveys among others. As follows, the company offers consistent business intelligent support to aid the clients to turn into prominent business firm.
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