DUBLIN--(BUSINESS WIRE)--The "Vehicle Electrification Market by Product (Start-Stop, PTC, EPS, Electric Air Conditioner, ISG, Starter Motor, Alternator, Actuator, Electric Pump-Vacuum, Oil & Water), 48V, ICE, BEV, HEV, PHEV, Vehicle Type, and Region - Global Forecast to 2025" report has been added to ResearchAndMarkets.com's offering.

The Vehicle Electrification Market is Projected to Grow at a CAGR of 11.9% to Reach USD 129.6 Billion by 2025 from USD 73.7 Billion

The vehicle electrification market is projected to reach 665 million units by 2025 from 470 million units in 2020, at a CAGR of 7.2% during the forecast period.

The automotive industry plays a crucial role in driving the global economy. However, the COVID-19 pandemic has disrupted the global automotive supply chain. The four major challenges faced by the industry due to COVID-19 are a limited supply of vehicle parts, a drop in new vehicle sales, the shutdown of production facilities, and a decline in working capital.

An uncertain recovery timeline due to lockdowns in various parts of the world is impacting the global vehicle manufacturing operations. As the vehicle electrification market is largely dependent on vehicle production, it is also expected to be impacted significantly due to the pandemic. The analysis depicts the impact of COVID-19 on the vehicle electrification market.

Some of the key players in the vehicle electrification market are Bosch, Continental, Denso, Schaeffler, Delphi, and Valeo.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

3.1 Pre- & Post-Covid-19 Scenario

4 Premium Insights

5 Market Overview

5.1 Introduction

5.2 Market Dynamics

5.2.1 Drivers

5.2.1.1 Rising Need for 48V Architecture

5.2.1.2 Adoption of Advanced Technologies Such as E-Axle in Electric Vehicles

5.2.2 Restraints

5.2.2.1 Difficulty in Achieving and Maintaining An Optimum Power-To-Weight Ratio

5.2.2.2 Higher Cost of Electric Systems

5.2.3 Opportunities

5.2.3.1 Use of Alternate Materials for Overall Weight Reduction to Open New Avenues in Electric Vehicle Technologies

5.2.3.2 Electrification of Commercial Vehicles

5.2.4 Challenges

5.2.4.1 Developing Fail-Safe Electronic and Electrical Components

5.2.4.2 High Cost of Hybrid and Plug-In Hybrid Vehicles

5.3 Covid-19 Impact on Automotive Industry

5.4 Covid-19 Impact Analysis on Vehicle Electrification Market

5.4.1 Most Likely/Realistic Scenario

5.4.2 High Covid-19 Impact Scenario

5.4.3 Low Covid-19 Impact Scenario

6 Industry Trends

6.1 Introduction

6.2 Company Vs Product

6.3 48 V Hybrid Architecture

6.4 Porter's Five Forces Analysis

7 48V Vehicle

7.1 Introduction

7.2 Need for 48V Architecture

7.3 48V Mild Hybrid Market, by Region

7.3.1 Europe is Estimated to Be the Largest Market

7.4 Impact of 48V Architecture

8 Vehicle Electrification Market, by Product Type

8.1 Introduction

8.1.1 Research Methodology

8.1.2 Assumptions

8.1.3 The Market for Electric Air Conditioner Compressor is Projected to Grow at the Highest CAGR

8.2 Start-Stop

8.2.1 Asia Oceania is Projected to Be the Fastest Growing Market

8.3 Electric Power Steering (Eps)

8.3.1 Asia Oceania is Estimated to Be the Largest Market

8.4 Liquid Heater Ptc

8.4.1 North American Market is Expected to Be the Second Largest

8.5 Electric Air Conditioner Compressor

8.5.1 North America is Project to Be the Fastest-Growing Market Over the Forecast Period

8.6 Electric Vacuum Pump

8.6.1 the Asia Oceania Market for Electric Vacuum Pump is Estimated to Be the Largest Market

8.7 Electric Oil Pump

8.7.1 Row is Projected to Be the Fastest-Growing Market Over the Forecast Period

8.8 Electric Water Pump

8.8.1 North America is Projected to Be the Fastest-Growing Market Over the Forecast Period

8.9 Starter Motor

8.9.1 Asia Oceania is Estimated to Be the Largest Market

8.10 Alternator

8.10.1 Asia Oceania is Estimated to Be the Largest Market

8.11 Integrated Starter Generator (Isg)

8.11.1 Europe Market is Estimated to Be the Second Largest

8.12 Actuator

8.12.1 Asia Oceania is Projected to Be the Fastest-Growing Market Over the Forecast Period

9 Vehicle Electrification Market, by Vehicle Type

9.1 Introduction

9.1.1 Research Methodology

9.1.2 Assumptions

9.1.3 the Passenger Car Segment is Estimated to Be the Largest Market

9.2 Passenger Car

9.2.1 by Region

9.2.2 by Degree of Hybridization

9.3 Light Commercial Vehicle (LCV)

9.3.1 by Region

10 Vehicle Electrification Market, by Degree of Hybridization

10.1 Introduction

10.1.1 Research Methodology

10.1.2 Assumptions

10.1.3 the Ice Vehicle Segment is Expected to Be the Largest Market, In Terms of Volume

10.2 Internal Combustion Engine (Ice) & Micro Hybrid Vehicle

10.2.1 Asia Oceania is Expected to Be the Largest Market, in Terms of Volume

10.3 Hybrid Electric Vehicle (Hev)

10.3.1 Row is Expected to Be the Fastest-Growing Market During the Forecast Period

10.4 Plug-In Hybrid Electric Vehicle (Phev)

10.4.1 Asia Oceania is Expected to Be the Fastest-Growing Market During the Forecast Period

10.5 Battery Electric Vehicle (Bev)

10.5.1 North America is Projected to Be the Largest Market During the Forecast Period

10.6 48 V Vehicle

10.6.1 Europe is Expected to Be the Largest Market, in Terms of Volume

11 Vehicle Electrification Market, by Region

12 Competitive Landscape

12.1 Introduction

12.1.1 Vanguards

12.1.2 Innovators

12.1.3 Dynamic

12.1.4 Emerging

12.2 Vehicle Electrification Market: Vendor Dive Matrix

12.3 Competitive Benchmarking

12.4 Market Ranking

12.5 Competitive Scenario

12.5.1 Expansion

12.5.2 Supply Contracts

12.5.3 New Product Launches/Developments

12.5.4 Partnerships/Joint Ventures

12.5.5 Mergers & Acquisitions

13 Company Profiles

13.1 Bosch

13.2 Continental

13.3 Denso

13.4 Delphi

13.5 Mitsubishi

13.6 Borgwarner

13.7 Johnson Electric

13.8 Magna

13.9 Aisin Seiki

13.10 Johnson Controls

13.11 Additional Companies

13.11.1 Asia Oceania

13.11.1.1 JTEKT Corporation

13.11.1.2 Hitachi Automotive

13.11.1.3 Calsonic Kansei

13.11.2 Europe

13.11.2.1 ZF

13.11.2.2 Valeo

13.11.2.3 Wabco

13.11.2.4 GKN

13.11.2.5 Schaeffler

13.11.2.6 Mahle

13.11.3 North America

13.11.3.1 Dana (US)

For more information about this report visit https://www.researchandmarkets.com/r/nbx54l

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