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Vehicle Electrification-Global Market Insights and Sales Trends 2024

Vehicle Electrification-Global Market Insights and Sales Trends 2024

Publishing Date : Dec, 2023

License Type :
 

Report Code : 1860144

No of Pages : 110

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Synopsis
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.
The global Vehicle Electrification market size is expected to reach US$ 89010 million by 2029, growing at a CAGR of 5.2% from 2023 to 2029. The market is mainly driven by the significant applications of Vehicle Electrification in various end use industries. The expanding demands from the Internal Combustion Engine (ICE) & Micro-Hybrid Vehicle, Hybrid Electric Vehicle (HEV), Plug-In Hybrid Electric Vehicle (PHEV) and Battery Electric Vehicle (BEV), are propelling Vehicle Electrification market. Start/Stop System, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Electric Power Steering (EPS) segment is estimated at % CAGR for the next seven-year period.
Automotive is a key driver of this industry. According to data from the World Automobile Organization (OICA), global automobile production and sales in 2017 reached their peak in the past 10 years, at 97.3 million and 95.89 million respectively. In 2018, the global economic expansion ended, and the global auto market declined as a whole. In 2022, there will wear units 81.6 million vehicles in the world. At present, more than 90% of the world's automobiles are concentrated in the three continents of Asia, Europe and North America, of which Asia automobile production accounts for 56% of the world, Europe accounts for 20%, and North America accounts for 16%. The world major automobile producing countries include China, the United States, Japan, South Korea, Germany, India, Mexico, and other countries; among them, China is the largest automobile producing country in the world, accounting for about 32%. Japan is the world's largest car exporter, exporting more than 3.5 million vehicles in 2022.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Vehicle Electrification, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Vehicle Electrification market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Vehicle Electrification market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Vehicle Electrification sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Vehicle Electrification covered in this report include Bosch, Continental, Denso, Delphi, Johnson Electric, Mitsubishi Electric, Borgwarner, Magna and Aisin, etc.
The global Vehicle Electrification market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Bosch
Continental
Denso
Delphi
Johnson Electric
Mitsubishi Electric
Borgwarner
Magna
Aisin
Johnson Controls
ZF
Valeo
Jtekt
Hitachi Automotive
Wabco
Global Vehicle Electrification market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Vehicle Electrification market, Segment by 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
Global Vehicle Electrification market, by Application
Internal Combustion Engine (ICE) & Micro-Hybrid Vehicle
Hybrid Electric Vehicle (HEV)
Plug-In Hybrid Electric Vehicle (PHEV)
Battery Electric Vehicle (BEV)
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Vehicle Electrification manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Vehicle Electrification in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: 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 Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. 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 Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index
1 Vehicle Electrification Market Overview
1.1 Vehicle Electrification Product Overview
1.2 Vehicle Electrification Market Segment by Type
1.2.1 Start/Stop System
1.2.2 Electric Power Steering (EPS)
1.2.3 Electric Air-Conditioner Compressor
1.2.4 Electric Vacuum Pump
1.2.5 Electric Oil Pump
1.2.6 Electric Water Pump
1.2.7 Liquid Heater PTC
1.2.8 Integrated Starter Generator (ISG)
1.2.9 Starter Motor & Alternator
1.2.10 Actuators
1.3 Global Vehicle Electrification Market Size by Type
1.3.1 Global Vehicle Electrification Market Size Overview by Type (2018-2029)
1.3.2 Global Vehicle Electrification Historic Market Size Review by Type (2018-2023)
1.3.3 Global Vehicle Electrification Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Vehicle Electrification Sales Breakdown by Type (2018-2023)
1.4.2 Europe Vehicle Electrification Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Vehicle Electrification Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Vehicle Electrification Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Vehicle Electrification Sales Breakdown by Type (2018-2023)
2 Global Vehicle Electrification Market Competition by Company
2.1 Global Top Players by Vehicle Electrification Sales (2018-2023)
2.2 Global Top Players by Vehicle Electrification Revenue (2018-2023)
2.3 Global Top Players by Vehicle Electrification Price (2018-2023)
2.4 Global Top Manufacturers Vehicle Electrification Manufacturing Base Distribution, Sales Area, Product Type
2.5 Vehicle Electrification Market Competitive Situation and Trends
2.5.1 Vehicle Electrification Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Vehicle Electrification Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Vehicle Electrification as of 2022)
2.7 Date of Key Manufacturers Enter into Vehicle Electrification Market
2.8 Key Manufacturers Vehicle Electrification Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Vehicle Electrification Status and Outlook by Region
3.1 Global Vehicle Electrification Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Vehicle Electrification Historic Market Size by Region
3.2.1 Global Vehicle Electrification Sales in Volume by Region (2018-2023)
3.2.2 Global Vehicle Electrification Sales in Value by Region (2018-2023)
3.2.3 Global Vehicle Electrification Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Vehicle Electrification Forecasted Market Size by Region
3.3.1 Global Vehicle Electrification Sales in Volume by Region (2024-2029)
3.3.2 Global Vehicle Electrification Sales in Value by Region (2024-2029)
3.3.3 Global Vehicle Electrification Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Vehicle Electrification by Application
4.1 Vehicle Electrification Market Segment by Application
4.1.1 Internal Combustion Engine (ICE) & Micro-Hybrid Vehicle
4.1.2 Hybrid Electric Vehicle (HEV)
4.1.3 Plug-In Hybrid Electric Vehicle (PHEV)
4.1.4 Battery Electric Vehicle (BEV)
4.1.5 Others
4.2 Global Vehicle Electrification Market Size by Application
4.2.1 Global Vehicle Electrification Market Size Overview by Application (2018-2029)
4.2.2 Global Vehicle Electrification Historic Market Size Review by Application (2018-2023)
4.2.3 Global Vehicle Electrification Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Vehicle Electrification Sales Breakdown by Application (2018-2023)
4.3.2 Europe Vehicle Electrification Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Vehicle Electrification Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Vehicle Electrification Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Vehicle Electrification Sales Breakdown by Application (2018-2023)
5 North America Vehicle Electrification by Country
5.1 North America Vehicle Electrification Historic Market Size by Country
5.1.1 North America Vehicle Electrification Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Vehicle Electrification Sales in Volume by Country (2018-2023)
5.1.3 North America Vehicle Electrification Sales in Value by Country (2018-2023)
5.2 North America Vehicle Electrification Forecasted Market Size by Country
5.2.1 North America Vehicle Electrification Sales in Volume by Country (2024-2029)
5.2.2 North America Vehicle Electrification Sales in Value by Country (2024-2029)
6 Europe Vehicle Electrification by Country
6.1 Europe Vehicle Electrification Historic Market Size by Country
6.1.1 Europe Vehicle Electrification Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Vehicle Electrification Sales in Volume by Country (2018-2023)
6.1.3 Europe Vehicle Electrification Sales in Value by Country (2018-2023)
6.2 Europe Vehicle Electrification Forecasted Market Size by Country
6.2.1 Europe Vehicle Electrification Sales in Volume by Country (2024-2029)
6.2.2 Europe Vehicle Electrification Sales in Value by Country (2024-2029)
7 Asia-Pacific Vehicle Electrification by Region
7.1 Asia-Pacific Vehicle Electrification Historic Market Size by Region
7.1.1 Asia-Pacific Vehicle Electrification Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Vehicle Electrification Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Vehicle Electrification Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Vehicle Electrification Forecasted Market Size by Region
7.2.1 Asia-Pacific Vehicle Electrification Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Vehicle Electrification Sales in Value by Region (2024-2029)
8 Latin America Vehicle Electrification by Country
8.1 Latin America Vehicle Electrification Historic Market Size by Country
8.1.1 Latin America Vehicle Electrification Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Vehicle Electrification Sales in Volume by Country (2018-2023)
8.1.3 Latin America Vehicle Electrification Sales in Value by Country (2018-2023)
8.2 Latin America Vehicle Electrification Forecasted Market Size by Country
8.2.1 Latin America Vehicle Electrification Sales in Volume by Country (2024-2029)
8.2.2 Latin America Vehicle Electrification Sales in Value by Country (2024-2029)
9 Middle East and Africa Vehicle Electrification by Country
9.1 Middle East and Africa Vehicle Electrification Historic Market Size by Country
9.1.1 Middle East and Africa Vehicle Electrification Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Vehicle Electrification Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Vehicle Electrification Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Vehicle Electrification Forecasted Market Size by Country
9.2.1 Middle East and Africa Vehicle Electrification Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Vehicle Electrification Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Bosch
10.1.1 Bosch Company Information
10.1.2 Bosch Introduction and Business Overview
10.1.3 Bosch Vehicle Electrification Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Bosch Vehicle Electrification Products Offered
10.1.5 Bosch Recent Development
10.2 Continental
10.2.1 Continental Company Information
10.2.2 Continental Introduction and Business Overview
10.2.3 Continental Vehicle Electrification Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Continental Vehicle Electrification Products Offered
10.2.5 Continental Recent Development
10.3 Denso
10.3.1 Denso Company Information
10.3.2 Denso Introduction and Business Overview
10.3.3 Denso Vehicle Electrification Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Denso Vehicle Electrification Products Offered
10.3.5 Denso Recent Development
10.4 Delphi
10.4.1 Delphi Company Information
10.4.2 Delphi Introduction and Business Overview
10.4.3 Delphi Vehicle Electrification Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Delphi Vehicle Electrification Products Offered
10.4.5 Delphi Recent Development
10.5 Johnson Electric
10.5.1 Johnson Electric Company Information
10.5.2 Johnson Electric Introduction and Business Overview
10.5.3 Johnson Electric Vehicle Electrification Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Johnson Electric Vehicle Electrification Products Offered
10.5.5 Johnson Electric Recent Development
10.6 Mitsubishi Electric
10.6.1 Mitsubishi Electric Company Information
10.6.2 Mitsubishi Electric Introduction and Business Overview
10.6.3 Mitsubishi Electric Vehicle Electrification Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Mitsubishi Electric Vehicle Electrification Products Offered
10.6.5 Mitsubishi Electric Recent Development
10.7 Borgwarner
10.7.1 Borgwarner Company Information
10.7.2 Borgwarner Introduction and Business Overview
10.7.3 Borgwarner Vehicle Electrification Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Borgwarner Vehicle Electrification Products Offered
10.7.5 Borgwarner Recent Development
10.8 Magna
10.8.1 Magna Company Information
10.8.2 Magna Introduction and Business Overview
10.8.3 Magna Vehicle Electrification Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Magna Vehicle Electrification Products Offered
10.8.5 Magna Recent Development
10.9 Aisin
10.9.1 Aisin Company Information
10.9.2 Aisin Introduction and Business Overview
10.9.3 Aisin Vehicle Electrification Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Aisin Vehicle Electrification Products Offered
10.9.5 Aisin Recent Development
10.10 Johnson Controls
10.10.1 Johnson Controls Company Information
10.10.2 Johnson Controls Introduction and Business Overview
10.10.3 Johnson Controls Vehicle Electrification Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Johnson Controls Vehicle Electrification Products Offered
10.10.5 Johnson Controls Recent Development
10.11 ZF
10.11.1 ZF Company Information
10.11.2 ZF Introduction and Business Overview
10.11.3 ZF Vehicle Electrification Sales, Revenue and Gross Margin (2018-2023)
10.11.4 ZF Vehicle Electrification Products Offered
10.11.5 ZF Recent Development
10.12 Valeo
10.12.1 Valeo Company Information
10.12.2 Valeo Introduction and Business Overview
10.12.3 Valeo Vehicle Electrification Sales, Revenue and Gross Margin (2018-2023)
10.12.4 Valeo Vehicle Electrification Products Offered
10.12.5 Valeo Recent Development
10.13 Jtekt
10.13.1 Jtekt Company Information
10.13.2 Jtekt Introduction and Business Overview
10.13.3 Jtekt Vehicle Electrification Sales, Revenue and Gross Margin (2018-2023)
10.13.4 Jtekt Vehicle Electrification Products Offered
10.13.5 Jtekt Recent Development
10.14 Hitachi Automotive
10.14.1 Hitachi Automotive Company Information
10.14.2 Hitachi Automotive Introduction and Business Overview
10.14.3 Hitachi Automotive Vehicle Electrification Sales, Revenue and Gross Margin (2018-2023)
10.14.4 Hitachi Automotive Vehicle Electrification Products Offered
10.14.5 Hitachi Automotive Recent Development
10.15 Wabco
10.15.1 Wabco Company Information
10.15.2 Wabco Introduction and Business Overview
10.15.3 Wabco Vehicle Electrification Sales, Revenue and Gross Margin (2018-2023)
10.15.4 Wabco Vehicle Electrification Products Offered
10.15.5 Wabco Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Vehicle Electrification Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Vehicle Electrification Industrial Chain Analysis
11.4 Vehicle Electrification Market Dynamics
11.4.1 Vehicle Electrification Industry Trends
11.4.2 Vehicle Electrification Market Drivers
11.4.3 Vehicle Electrification Market Challenges
11.4.4 Vehicle Electrification Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Vehicle Electrification Distributors
12.3 Vehicle Electrification Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer

Published By : QY Research

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