Report overview
Requirement for light weighting to achieve improved fuel efficiency and reduced tail-pipe emissions as well as increased demand for safety, comfort, and luxury are the key factors influencing the demand for vehicle electrification during the forecast period.
This report aims to provide a comprehensive presentation of the global market for Vehicle Electrification, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Vehicle Electrification. This report contains market size and forecasts of Vehicle Electrification in global, including the following market information:
Global Vehicle Electrification Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Vehicle Electrification Market Sales, 2018-2023, 2024-2029, (K Units)
Global top five Vehicle Electrification companies in 2022 (%)
The global Vehicle Electrification market was valued at US$ 62440 million in 2022 and is projected to reach US$ 87720 million by 2029, at a CAGR of 5.0% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The U.S. Market is Estimated at $ Million in 2022, While China is Forecast to Reach $ Million.
Start/Stop System Segment to Reach $ Million by 2029, with a % CAGR in next six years.
The global key manufacturers of Vehicle Electrification include Bosch, Continental, Denso, Delphi, Johnson Electric, Mitsubishi Electric, Borgwarner, Magna and Aisin, etc. in 2022, the global top five players have a share approximately % in terms of revenue.
We surveyed the Vehicle Electrification manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Vehicle Electrification Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Vehicle Electrification Market Segment Percentages, by Type, 2022 (%)
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
Global Vehicle Electrification Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Vehicle Electrification Market Segment Percentages, by Application, 2022 (%)
Internal Combustion Engine (ICE) & Micro-Hybrid Vehicle
Hybrid Electric Vehicle (HEV)
Plug-In Hybrid Electric Vehicle (PHEV)
Battery Electric Vehicle (BEV)
Others
Global Vehicle Electrification Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Vehicle Electrification Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Vehicle Electrification revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Vehicle Electrification revenues share in global market, 2022 (%)
Key companies Vehicle Electrification sales in global market, 2018-2023 (Estimated), (K Units)
Key companies Vehicle Electrification sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Bosch
Continental
Denso
Delphi
Johnson Electric
Mitsubishi Electric
Borgwarner
Magna
Aisin
Johnson Controls
ZF
Valeo
Jtekt
Hitachi Automotive
Wabco
Outline of Major Chapters:
Chapter 1: Introduces the definition of Vehicle Electrification, market overview.
Chapter 2: Global Vehicle Electrification market size in revenue and volume.
Chapter 3: Detailed analysis of Vehicle Electrification manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Vehicle Electrification in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Vehicle Electrification capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
