The global vehicle electrification market size is expected to hit around USD 196.4 billion by 2032 and progressing a CAGR of 8.9% over the forecast period 2023 to 2032.
The on vehicle
electrification Market, which provides a business strategy, research &
development activities, concise outline of the market valuation, valuable
insights pertaining to market share, size, supply chain analysis, competitive
landscape and regional proliferation of this industry.
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Report Scope of the Vehicle Electrification Market
| Report Highlights | Details |
| Market Size | USD 196.4 Billion by 2032 |
| Growth Rate | CAGR of 8.83% from 2023 to 2032 |
| Largest Market | Asia Pacific |
| Fastest Growing Market | Europe |
| Base Year | 2022 |
| Forecast Period | 2023 to 2032 |
| Segments Covered | Product Type, Hibridization Type, Region Type |
A recent
report provides crucial insights along with application based and forecast
information in the Global Vehicle electrification Market. The report provides a
comprehensive analysis of key factors that are expected to drive the growth of
this market. This study also provides a detailed overview of the opportunities
along with the current trends observed in the Vehicle electrification market.
A
quantitative analysis of the industry is compiled for a period of 10 years in
order to assist players to grow in the market. Insights on specific revenue
figures generated are also given in the report, along with projected revenue at
the end of the forecast period.
Companies
and Manufacturers Covered
The study
covers key players operating in the market along with prime schemes and
strategies implemented by each player to hold high positions in the industry.
Such a tough vendor landscape provides a competitive outlook of the industry,
consequently existing as a key insight. These insights were thoroughly analysed
and prime business strategies and products that offer high revenue generation
capacities were identified. Key players of the global Vehicle electrification
market are included as given below:
Vehicle electrification Market Key Players
- Continental
- Valeo
- Robert Bosch GmbH
- Denso
- Mitsubishi Electric Corporation
- Johnson Electric
- Delphi Automotive PLC
Market Segments
- Electric Power Steering (EPS)
- Integrated Starter Generator (ISG)
- Start/Stop System
- Electric Air Conditioner Compressor
- Liquid Heater Ptc
- Electric Oil Pump
- Electric Vacuum Pump
- Starter Motor & Alternator
- Electric Water Pump
- Actuators
By Hybridization
- Internal Combustion Engine (ICE) & Micro-Hybrid Vehicle
- Battery Electric Vehicle (BEV)
- Plug-in Hybrid Electric Vehicle (PHEV)
- Hybrid Electric Vehicle (HEV)
By Regional Outlook
- North America
- U.S.
- Canada
- Europe
- U.K.
- Germany
- France
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of the World
Report Objectives
- To define, describe, and forecast the global vehicle
electrification market based on product, and region
- To provide detailed information regarding the major
factors influencing the growth of the market (drivers, opportunities, and
industry-specific challenges)
- To strategically analyze micromarkets1 with respect to
individual growth trends, future prospects, and contributions to the total
market
- To analyze opportunities in the market for stakeholders
and provide details of the competitive landscape for market leaders
- To forecast the size of market segments with respect to
four main regions—North America,
Europe, Asia Pacific and the Rest of the World (RoW)2
- To strategically profile key players and comprehensively
analyze their product portfolios, market shares, and core competencies3
- To track and analyze competitive developments such as
acquisitions, expansions, new product launches, and partnerships in the vehicle
electrification market
Table of Content
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. Market Dynamics Analysis and Trends
5.1. Market Dynamics
5.1.1. Market Drivers
5.1.2. Market Restraints
5.1.3. Market Opportunities
5.2. Porter’s Five Forces Analysis
5.2.1. Bargaining power of suppliers
5.2.2. Bargaining power of buyers
5.2.3. Threat of substitute
5.2.4. Threat of new entrants
5.2.5. Degree of competition
Chapter 6. Competitive Landscape
6.1.1. Company Market Share/Positioning Analysis
6.1.2. Key Strategies Adopted by Players
6.1.3. Vendor Landscape
6.1.3.1. List of Suppliers
6.1.3.2. List of Buyers
Chapter 7. Global Vehicle Electrification Market, By Product
7.1. Vehicle Electrification Market, by Product Type, 2023-2032
7.1.1. Electric Power Steering (EPS)
7.1.1.1. Market Revenue and Forecast (2020-2032)
7.1.2. Integrated Starter Generator (ISG)
7.1.2.1. Market Revenue and Forecast (2020-2032)
7.1.3. Start/Stop System
7.1.3.1. Market Revenue and Forecast (2020-2032)
7.1.4. Electric Air Conditioner Compressor
7.1.4.1. Market Revenue and Forecast (2020-2032)
7.1.5. Liquid Heater Ptc
7.1.5.1. Market Revenue and Forecast (2020-2032)
7.1.6. Electric Oil Pump
7.1.6.1. Market Revenue and Forecast (2020-2032)
7.1.7. Electric Vacuum Pump
7.1.7.1. Market Revenue and Forecast (2020-2032)
7.1.8. Starter Motor & Alternator
7.1.8.1. Market Revenue and Forecast (2020-2032)
7.1.9. Electric Water Pump
7.1.9.1. Market Revenue and Forecast (2020-2032)
7.1.10. Actuators
7.1.10.1. Market Revenue and Forecast (2020-2032)
Chapter 8. Global Vehicle Electrification Market, By Hybridization
8.1. Vehicle Electrification Market, by Hybridization, 2023-2032
8.1.1. Internal Combustion Engine (ICE) & Micro-Hybrid Vehicle
8.1.1.1. Market Revenue and Forecast (2020-2032)
8.1.2. Battery Electric Vehicle (BEV)
8.1.2.1. Market Revenue and Forecast (2020-2032)
8.1.3. Plug-in Hybrid Electric Vehicle (PHEV)
8.1.3.1. Market Revenue and Forecast (2020-2032)
8.1.4. Hybrid Electric Vehicle (HEV)
8.1.4.1. Market Revenue and Forecast (2020-2032)
Chapter 9. Global Vehicle Electrification Market, Regional Estimates and Trend Forecast
9.1. North America
9.1.1. Market Revenue and Forecast, by Product (2020-2032)
9.1.2. Market Revenue and Forecast, by Hybridization (2020-2032)
9.1.3. U.S.
9.1.3.1. Market Revenue and Forecast, by Product (2020-2032)
9.1.3.2. Market Revenue and Forecast, by Hybridization (2020-2032)
9.1.4. Rest of North America
9.1.4.1. Market Revenue and Forecast, by Product (2020-2032)
9.1.4.2. Market Revenue and Forecast, by Hybridization (2020-2032)
9.2. Europe
9.2.1. Market Revenue and Forecast, by Product (2020-2032)
9.2.2. Market Revenue and Forecast, by Hybridization (2020-2032)
9.2.3. UK
9.2.3.1. Market Revenue and Forecast, by Product (2020-2032)
9.2.3.2. Market Revenue and Forecast, by Hybridization (2020-2032)
9.2.4. Germany
9.2.4.1. Market Revenue and Forecast, by Product (2020-2032)
9.2.4.2. Market Revenue and Forecast, by Hybridization (2020-2032)
9.2.5. France
9.2.5.1. Market Revenue and Forecast, by Product (2020-2032)
9.2.5.2. Market Revenue and Forecast, by Hybridization (2020-2032)
9.2.6. Rest of Europe
9.2.6.1. Market Revenue and Forecast, by Product (2020-2032)
9.2.6.2. Market Revenue and Forecast, by Hybridization (2020-2032)
9.3. APAC
9.3.1. Market Revenue and Forecast, by Product (2020-2032)
9.3.2. Market Revenue and Forecast, by Hybridization (2020-2032)
9.3.3. India
9.3.3.1. Market Revenue and Forecast, by Product (2020-2032)
9.3.3.2. Market Revenue and Forecast, by Hybridization (2020-2032)
9.3.4. China
9.3.4.1. Market Revenue and Forecast, by Product (2020-2032)
9.3.4.2. Market Revenue and Forecast, by Hybridization (2020-2032)
9.3.5. Japan
9.3.5.1. Market Revenue and Forecast, by Product (2020-2032)
9.3.5.2. Market Revenue and Forecast, by Hybridization (2020-2032)
9.3.6. Rest of APAC
9.3.6.1. Market Revenue and Forecast, by Product (2020-2032)
9.3.6.2. Market Revenue and Forecast, by Hybridization (2020-2032)
9.4. MEA
9.4.1. Market Revenue and Forecast, by Product (2020-2032)
9.4.2. Market Revenue and Forecast, by Hybridization (2020-2032)
9.4.3. GCC
9.4.3.1. Market Revenue and Forecast, by Product (2020-2032)
9.4.3.2. Market Revenue and Forecast, by Hybridization (2020-2032)
9.4.4. North Africa
9.4.4.1. Market Revenue and Forecast, by Product (2020-2032)
9.4.4.2. Market Revenue and Forecast, by Hybridization (2020-2032)
9.4.5. South Africa
9.4.5.1. Market Revenue and Forecast, by Product (2020-2032)
9.4.5.2. Market Revenue and Forecast, by Hybridization (2020-2032)
9.4.6. Rest of MEA
9.4.6.1. Market Revenue and Forecast, by Product (2020-2032)
9.4.6.2. Market Revenue and Forecast, by Hybridization (2020-2032)
9.5. Latin America
9.5.1. Market Revenue and Forecast, by Product (2020-2032)
9.5.2. Market Revenue and Forecast, by Hybridization (2020-2032)
9.5.3. Brazil
9.5.3.1. Market Revenue and Forecast, by Product (2020-2032)
9.5.3.2. Market Revenue and Forecast, by Hybridization (2020-2032)
9.5.4. Rest of LATAM
9.5.4.1. Market Revenue and Forecast, by Product (2020-2032)
9.5.4.2. Market Revenue and Forecast, by Hybridization (2020-2032)
Chapter 10. Company Profiles
10.1. Continental
10.1.1. Company Overview
10.1.2. Product Offerings
10.1.3. Financial Performance
10.1.4. Recent Initiatives
10.2. Valeo
10.2.1. Company Overview
10.2.2. Product Offerings
10.2.3. Financial Performance
10.2.4. Recent Initiatives
10.3. Robert Bosch GmbH
10.3.1. Company Overview
10.3.2. Product Offerings
10.3.3. Financial Performance
10.3.4. Recent Initiatives
10.4. Denso
10.4.1. Company Overview
10.4.2. Product Offerings
10.4.3. Financial Performance
10.4.4. Recent Initiatives
10.5. Mitsubishi Electric Corporation
10.5.1. Company Overview
10.5.2. Product Offerings
10.5.3. Financial Performance
10.5.4. Recent Initiatives
10.6. Johnson Electric
10.6.1. Company Overview
10.6.2. Product Offerings
10.6.3. Financial Performance
10.6.4. Recent Initiatives
10.7. Delphi Automotive PLC
10.7.1. Company Overview
10.7.2. Product Offerings
10.7.3. Financial Performance
10.7.4. Recent Initiatives
10.8. Hitachi, Ltd.
10.8.1. Company Overview
10.8.2. Product Offerings
10.8.3. Financial Performance
10.8.4. Recent Initiatives
10.9. Nexteer Automotive
10.9.1. Company Overview
10.9.2. Product Offerings
10.9.3. Financial Performance
10.9.4. Recent Initiatives
10.10. JTEKT Corporation
10.10.1. Company Overview
10.10.2. Product Offerings
10.10.3. Financial Performance
10.10.4. Recent Initiatives
Chapter 11. Research Methodology
11.1. Primary Research
11.2. Secondary Research
11.3. Assumptions
Chapter 12. Appendix
12.1. About Us
12.2. Glossary of Terms
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