Vehicle electrification market

Vehicle Electrification Market, By Product 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, Starter Motor, Alternator, Actuator), By End-Use (Battery Electric Vehicle, Plug-In Hybrid Electric Vehicle, Hybrid Electric Vehicle, Micro-Hybrid Vehicle & Internal Combustion Engine), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)

  • Mar 2024
  • CMI1144
  • 177 Pages
  • Excel & Pdf
  • Automotive and Transportation
N/A

Table of Contents

  1. Research Objectives and Assumptions
    • Research Objectives
    • Assumptions
    • Abbreviations
  2. Market Purview
    • Report Description
      • Market Definition and Scope
    • Executive Summary
      • Market Snippet, By Product Type
      • Market Snippet, By Degree of Hybridization
      • Market Snippet, By Region
    • Coherent Opportunity Map (COM)
  3. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restraints
      • Market Opportunities
    • Regulatory Scenario
    • Industry Trend
    • Merger and Acquisitions
    • New system Launch/Approvals
    • Impact of COVID-19 Pandemic
  4. Global Vehicle Electrification Market, By Product Type, 2019 - 2031 (US$ Billion)
    • Introduction
      • Market Share Analysis, 2024 and 2031(%)
      • Y-o-Y Growth Analysis, 2019-2031
      • Segment Trends
    • Start/Stop System
      • Introduction
      • Market Size and Forecast, 2019–2031, (US$ Billion)
    • Electric Power Steering (EPS)
      • Introduction
      • Market Size and Forecast, 2019–2031, (US$ Billion)
    • Liquid Heater PTC
      • Market Share Analysis, 2024 and 2031 (%)
      • Segment Trends
    • Electric Air Conditioner Compressor
      • Introduction
      • Market Size and Forecast, 2019–2031, (US$ Billion)
    • Electric Vacuum Pump
      • Introduction
      • Market Size and Forecast, 2019–2031, (US$ Billion)
    • Electric Oil Pump
      • Market Share Analysis, 2024 and 2031 (%)
      • Segment Trends
    • Electric Water Pump
      • Introduction
      • Market Size and Forecast, 2019–2031, (US$ Billion)
    • Starter Motor & Alternator
      • Introduction
      • Market Size and Forecast, 2019–2031, (US$ Billion)
    • Integrated Starter Generator (ISG)
      • Market Share Analysis, 2024 and 2031 (%)
      • Segment Trends
    • Actuators
      • Introduction
      • Market Size and Forecast, 2019–2031, (US$ Billion)
  5. Global Vehicle Electrification Market, By Degree of Hybridization, 2019 - 2031 (US$ Billion)
    • Introduction
      • Market Share Analysis, 2024 and 2031(%)
      • Y-o-Y Growth Analysis, 2019-2031
      • Segment Trends
    • Battery Electric Vehicle (BEV)
      • Introduction
      • Market Size and Forecast, 2019–2031, (US$ Billion)
    • Plug-In Hybrid Electric Vehicle (PHEV)
      • Introduction
      • Market Size and Forecast, 2019–2031, (US$ Billion)
    • Hybrid Electric Vehicle (HEV)
      • Introduction
      • Market Size and Forecast, 2019–2031, (US$ Billion)
    • Micro-Hybrid Vehicle & Internal Combustion Engine (ICE)
      • Introduction
      • Market Size and Forecast, 2019–2031, (US$ Billion)
  6. Global Vehicle Electrification Market, By Region, 2019 - 2031 (US$ Billion)
    • Introduction
      • Market Share Analysis, By Region, 2024 and 2031 (%)
    • North America
      • Regional Trends
      • Market Size and Forecast, By Product Type, 2019–2031 (US$ Billion)
      • Market Size and Forecast, By Degree of Hybridization, 2019–2031 (US$ Billion)
      • Market Share Analysis, By Country, 2024 and 2031 (%)
        • U.S.
        • Canada
    • Europe
      • Regional Trends
      • Market Size and Forecast, By Product Type, 2019–2031 (US$ Billion)
      • Market Size and Forecast, By Degree of Hybridization, 2019–2031 (US$ Billion)
      • Market Share Analysis, By Country, 2024 and 2031 (%)
        • U.K.
        • Germany
        • France
        • Russia
        • Rest of Europe
    • Asia Pacific
      • Regional Trends
      • Market Size and Forecast, By Product Type, 2019–2031 (US$ Billion)
      • Market Size and Forecast, By Degree of Hybridization, 2019–2031 (US$ Billion)
      • Market Share Analysis, By Country, 2024 and 2031 (%)
        • China
        • India
        • Japan
        • ASEAN
        • Australia
        • South Korea
        • Rest of Asia Pacific
    • Latin America
      • Regional Trends
      • Market Size and Forecast, By Product Type, 2019–2031 (US$ Billion)
      • Market Size and Forecast, By Degree of Hybridization, 2019–2031 (US$ Billion)
      • Market Share Analysis, By Country, 2024 and 2031 (%)
        • Brazil
        • Argentina
        • Mexico
        • Rest of Latin America
    • Middle East and Africa
      • Market Size and Forecast, By Product Type, 2019–2031 (US$ Billion)
      • Market Size and Forecast, By Degree of Hybridization, 2019–2031 (US$ Billion)
      • Market Share Analysis, By Country, 2024 and 2031 (%)
        • South Africa
        • GCC Countries
        • Rest of the Middle East and Africa
  7. Competitive Landscape
    • Company Profiles
      • AISIN CORPORATION
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Aptiv
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • BorgWarner Inc.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Continental AG
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • DENSO CORPORATION
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Hitachi Astemo, Ltd.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Johnson Controls
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Johnson Electric Holdings Limited
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • JTEKT Corporation
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Magna International Inc.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Mitsubishi Electric Corporation
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Robert Bosch GmbH
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Valeo SA
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Wabco Holdings Inc.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • ZF Friedrichshafen AG
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
  8. Wheel of Fortune
    • Wheel of Fortune
    • Analyst View
    • Coherent Opportunity Map
  9. Section
    • References
    • Research Methodology
    • About us and Sales Contact

*Browse 60 market data tables and 40 figures on "Global Vehicle Electrification Market - forecast to 2031”.

  • Detailed Segmentation:

  • Product 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
    • Actuator Start/Stop System
  • Degree of Hybridization 
    • Battery Electric Vehicle (BEV)
    • Plug-In Hybrid Electric Vehicle (PHEV)
    • Hybrid Electric Vehicle (HEV)
    • Micro-Hybrid Vehicle & Internal Combustion Engine (ICE)
  • Regional
    • North America
    • Europe
    • Asia Pacific
    • Latin America
    • Middle East
    • Africa
- Frequently Asked Questions -

What will be the CAGR of the vehicle electrification market in the estimated period 2024-2031?

The CAGR of the vehicle electrification market is projected to be 10.8% from 2024 to 2031.

What are the major factors driving the vehicle electrification market growth?

Climate change concerns and improving technology and falling battery prices are the major factors driving the growth of vehicle electrification market.

What are the key factors hampering growth of the vehicle electrification market?

Battery technology and cost challenges and inadequate charging infrastructure are the major factors hampering the growth of the vehicle electrification market.

Which will be the leading product type in the vehicle electrification market in 2024?

In terms of Product Type, Start/Stop System is estimated to dominate the market revenue share 2024.

Which are the major players operating in the vehicle electrification market?

AISIN CORPORATION, Aptiv, BorgWarner Inc., Continental AG, DENSO CORPORATION, Hitachi Astemo, Ltd., Johnson Controls, Johnson Electric Holdings Limited, JTEKT Corporation, Magna International Inc., Mitsubishi Electric Corporation, Robert Bosch GmbH, Valeo SA, Wabco Holdings Inc., and ZF Friedrichshafen AG are the major players.

Which region will lead the vehicle electrification market in 2024?

Asia Pacific is expected to lead the vehicle electrification market in 2024.
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