Global Vehicle Electrification Market Industry 2020:Global Market Size, Outlook, Share, Demand, and Key Manufacturers Robert Bosch GmbH, Continental AG, DENSO CORPORATION, Delphi Technologies, MITSUBISHI MOTORS CORPORATION; BorgWarner Inc.

A latest study released by Data Bridge Market Research on Global Vehicle Electrification Market covering key business segments and wide scope geographies to get deep dive analyzed market data.  The major topics such as market definition, market segmentation, competitive analysis and research methodology are studied in detail in this Vehicle Electrification  report. It also provides the list of major competitors along with the strategic insights and analysis of the key factors influencing the  industry. What is more, the statistical data covered in this market report is interpreted with the help of most established tools such as SWOT analysis and Porter's Five Forces Analysis. Vehicle Electrification  report makes you thrive in the competitive market by giving you knowhow of consumer's demands, preferences, attitudes and their changing tastes about the specific product. This is the promising and most suitable market research report for the clients.

Global Vehicle Electrification Market report provides detailed information about market competitive landscape, regional landscape, vendor landscape, market size and forecast, key leading countries and regions. Also includes Digital Inks Market analysis, key manufacturers, key market highlights, Key product types, market drivers and restrains, key challenges and industry trends.

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 In Depth Analysis of the Market

Global vehicle electrification market is expected to rise to an estimated value of USD 133.85 billion by 2026, registering a substantial CAGR in the forecast period of 2019-2026. This rise in market value can be attributed to the availability of advanced technologies for electric vehicles, as well as increased demand for 48 V infrastructure and architecture in vehicles.

Company Coverage of Vehicle Electrification  Market (Sales Revenue, Price, Gross Margin, Main Products etc): Robert Bosch GmbH; Continental AG; DENSO CORPORATION; Delphi Technologies; MITSUBISHI MOTORS CORPORATION; BorgWarner Inc.; Magna International Inc.; Johnson Electric Holdings Limited; AISIN SEIKI Co., Ltd.; JTEKT Corporation; Hitachi Automotive Systems, Ltd.; Allison Transmission Inc.; Calsonic Kansei Corporation; ZF Friedrichshafen AG; Valeo; WABCO; GKN Sinter Metals Engineering GmbH; Schaeffler AG; MAHLE GmbH; Dana Limited; Nexteer Automotive; Mando Corp.; Volkswagen AG; Honda Motor Co., Ltd. among others.

Market Definition: Global Vehicle Electrification  Market

Vehicle electrification is the broad category of automotive transformation which is focused on integrating electric components, and technology in the operations of the vehicle. This integration of electric technology and components in vehicles results in a variety of services being controlled by electricity. The power output is varied depending on the application and requirement. This technology is focused on converting the traditional/conventional vehicle systems into electrified processes.

Segmentation: Global Vehicle Electrification  Market

Vehicle Electrification  Market : By Voltage

12V
14V
24V
48V

Vehicle Electrification Market :By Vehicle Type

Passenger Cars (PC)
Two-Wheeler
Light Commercial Vehicle (LCV)
Heavy Commercial Vehicle (HCV)

Vehicle Electrification Market :By Degree of Hybridization

Internal Combustion Engine (ICE) & Micro Hybrid Vehicle
Hybrid Electric Vehicle (HEV)
Plug-In Hybrid Electric Vehicle (PHEV)
Battery Electric Vehicle & Fuel Cell Electric Vehicle (BEV & FCEV)
48 V Vehicle

Vehicle Electrification Market :By Channel Type

Original Equipment Manufacturers (OEMs)
Aftermarket

Vehicle Electrification Market : By Product

Start-Stop
Electric Power Steering (EPS)
Liquid Heater Positive Temperature Coefficient (PTC)
Electric Air Conditioner Compressor
Electric Vacuum Pump
Electric Oil Pump
Electric Water Pump
Thermoelectric Generator
Electric Turbocharger
Starter Motor
Alternator
Integrated Starter Generator (ISG)
Actuator

Vehicle Electrification Market : By Geography

North America
Europe
Asia-Pacific
South America
Middle East and Africa

Key Development in the Vehicle Electrification Market:

In December 2018, AISIN SEIKI Co., Ltd. and DENSO CORPORATION announced that they had agreed to a merger and formulation agreement for establishing a new company for developing and selling automotive modules for electric vehicles. The company will be known as "BluE Nexus". The combined capabilities of both the companies to supply vehicle electrification services will be able to establish a company which will fulfil the vast needs of various automotive manufacturers.
In September 2018, WABCO announced that they had agreed to a "MOU" Memorandum of Understanding with Nidec Motor Corporation for the development, designing, manufacturing and sale of electric drivetrain and brake control systems for commercial vehicles in longitudinal control. Lack of electric powertrain systems in the market is one of the major factors behind this strategy. Combining the technologies of both the unique strengths of organizations will help in accelerating the development of electrified powertrain solution.

Vehicle Electrification Market: Drivers

Rapid rise in the demand for environmental friendly automotive; this factor is expected to drive the growth of the market
Growing concerns regarding the environment and drastic effects that the usage of ICE automotive has on the environment; this factor is expected to augment growth of the market
Presence of regulations regarding the reduction of vehicle emissions is also expected to augment the growth of this market
Greater adoption rate of electric vehicles is also expected to foster the growth of the market

Vehicle Electrification  Market :  Restraints

Reduction in vehicle average and driving range capability of the vehicle with the integration of this system; this factor is expected to restrain the growth of the market
Lack of awareness in various regions is also expected to restrain the growth of the market
High costs associated with the electrification process and overall system is expected to restrict its adoption rate
Complications in attaining the optimal levels of performance and weight ratio can also hamper the market growth

TOC of Vehicle Electrification Market Report Includes: -

Vehicle Electrification Market Overview
Market Status and Forecast by Regions
Market Status and Forecast by Types
Market Status and Forecast by Downstream Industry
Driving Factor Analysis of Vehicle Electrification
Market Competition Status by Major Players
Major Manufacturers Introduction and Market Data
Upstream and Downstream Market Analysis
Cost and Gross Margin Analysis
Marketing Status Analysis
And Many More...

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Key questions answered in the Global Vehicle Electrification Market report include:

What will be Vehicle Electrification market share and the forecast for 2020-2027?
What are the key factors compelling the worldwide Vehicle Electrification market?
Who are the key players in the world Vehicle Electrification industry?
What are the factors impacting the revenue and production growth of the Vehicle Electrification market?
What are the opportunities & challenges in the Vehicle Electrification industry?

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