Press release
Vehicle Electrification Market Growth Probability, Leading Vendors and Future Scenario By 2024-2031
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The global vehicle electrification market is segmented on the product, hybridization, and vehicle type. Based on the product, the market is sub-segmented into electric power steering, electric air conditioner compressor, electric vacuum pump, electric oil pump, electric water pump, integrated starter generator, actuators and others (liquid heater PTC, starter motor). Based on the hybridization, the market is sub-segmented into internal combustion engine (ICE) & micro-hybrid vehicles, hybrid electric vehicles (HEV), plug-in hybrid electric vehicles (PHEV) and battery electric vehicles (BEV). Further, on the basis of vehicle type, the market is sub-segmented into passenger vehicles and commercial vehicles. Among the hybridization, the plug-in hybrid electric vehicle (PHEV) sub-segment is anticipated to hold a considerable share of the market owing to the rise in the development of extended range and potential for refueling of conventional hybrids while enabling drivers to use battery electric power.
full report of Vehicle Electrification Market available @ https://www.omrglobal.com/industry-reports/vehicle-electrification-market
Market Coverage
Market number available for - 2024-2031
Base year- 2024
Forecast period- 2024-2031
Segment Covered- By Source, By Product Type, By Applications
Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
, and others
Market Segmentation
Global Vehicle Electrification Market by Product
Electric Power Steering
Electric Air Conditioner Compressor
Electric Vacuum Pump
Electric Oil Pump
Electric Water Pump
Integrated Starter Generator
Actuators
Others (Liquid Heater PTC, Starter Motor)
Global Vehicle Electrification Market by Hybridization
Internal Combustion Engine (ICE) & Micro-hybrid Vehicle
Hybrid Electric Vehicle (HEV)
Plug-In Hybrid Electric Vehicle (PHEV)
Battery Electric Vehicle (BEV)
Global Vehicle Electrification Market by Vehicle type
Passenger vehicle
Commercial vehicle
Company Profiles
Semiconductor Components Industries, LLC
Jabil Inc.
Turntide Technologies, Inc.
Dana Ltd.
NXP Semiconductors N.V.
Stellantis NV
Magna International Inc.
Altair Engineering Inc.
General Motors
Nissan Motor Co., Ltd.
WABCO Solution Centre.
ZF Friedrichshafen AG
Aptiv plc
NSK Ltd.
Hitachi Astemo, Ltd.
Valeo SA
Mitsubishi Electric Corp.
The Report Covers
Market value data analysis of 2022 and forecast to 2030.
Annualized market revenues ($ million) for each market segment.
Country-wise analysis of major geographical regions.
Key companies operating in the global vehicle electrificationmarket. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
Analysis of market-entry and market expansion strategies.
Competitive strategies by identifying 'who-stands-where' in the market.
For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/vehicle-electrification-market
Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 780-304-0404
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.
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