Press release
Vehicle Electrification Market Size | COVID-19 Impact Analysis | Forecast to 2025
The global automotive electrification market was valued at $701.4 billion in 2019 and is expected to reach $142 billion by 2027, with an annual average growth rate of 11%. The demand for electrification of vehicles is largely driven by a surge in automobile production and increased sales of vehicles worldwide. Vehicle electrification is gaining traction because it acts as an alternative solution to existing hydraulic and mechanical systems. Vehicle electrification improves fuel efficiency and reduces vehicle emissions. Due to the increasing trend of vehicle electrification, OEMs have experienced significant weight reduction in auto parts, which in turn controls fuel consumption and improves the vehicle's operational efficiency. The electrification of the IC engine is a breakthrough step because it lowers fuel consumption. In addition, electric vehicles perform conventional vehicles in terms of carbon emissions and maintenance, convenience of charging and refueling, smooth driving, reduction of engine noise, and fuel economy.
A full report of Vehicle Electrification Market is available at: https://www.orionmarketreports.com/vehicle-electrification-market/24526/
Market Coverage
• Market size available for years 2019–2025
• Base year considered 2018
• Forecast period 2019-2025
• Segments covered (On the basis of product type, On the basis of vehicle type)
Vehicle Electrification Market Players
• CONTINENTAL AG
• AISIN SEIKI Co., Ltd.
• Hitachi Automotive Systems, Ltd.
• Delphi Technologies
• ZF FRIEDRICHSHAFEN AG
• Robert Bosch GmbH
• BorgWarner Inc.
• Denso Corporation
• Johnson Electric Holdings Limited.
• Magna International Inc.
Global Vehicle Electrification Market Segmentation:
On the basis of product type
• Start–Stop System
• Electric Power Steering (EPS)
• Liquid Heater PTC
• Electric Air-Conditioner Compressor
• Electric Vacuum Pump
• Electric Oil Pump
• Electric Water Pump
• Thermoelectric Generator
• Electric Turbocharger
On the basis of vehicle type
• Passenger Car
• Light Commercial Vehicle
• Heavy Commercial Vehicle
• Two – Wheeler
Reasons to Buying From us –
• We cover more than 15 major industries, further segmented into more than 90 sectors.
• More than 120 countries are for analysis.
• Over 100+ paid data sources mined for investigation.
• Our expert research analysts answer all your questions before and after purchasing your report.
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Vehicle Electrification Market Report
• What was the Vehicle Electrification Market size in 2018 and 2019; what are the estimated growth trends and market forecast (2019-2025).
• What will be the CAGR of Thin Wafer Market during the forecast period (2019-2025)?
• Which segments (product type/applications/end-user) were most attractive for investments in 2018? How are these segments are expected to grow during the forecast period (2019-2025)?
• Which manufacturer/vendor/players in the Thin Wafer Market was the market leader in 2018?
• Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
Media Contact:
Company Name: Orion Market Reports
Contact Person: Mr. Anurag Tiwari
Email: info@orionmarketreports.com
Contact no: +91 780-304-0404
About Us:
Orion Market Reports (OMR) endeavors to provide exclusive blend of qualitative and quantitative market research reports to clients across the globe. Our organization helps both multinational and domestic enterprises to bolster their business by providing in-depth market insights and most reliable future market trends. Our reports address all the major aspects of the markets providing insights and market outlook to global clients.
A full report of Vehicle Electrification Market is available at: https://www.orionmarketreports.com/vehicle-electrification-market/24526/
Market Coverage
• Market size available for years 2019–2025
• Base year considered 2018
• Forecast period 2019-2025
• Segments covered (On the basis of product type, On the basis of vehicle type)
Vehicle Electrification Market Players
• CONTINENTAL AG
• AISIN SEIKI Co., Ltd.
• Hitachi Automotive Systems, Ltd.
• Delphi Technologies
• ZF FRIEDRICHSHAFEN AG
• Robert Bosch GmbH
• BorgWarner Inc.
• Denso Corporation
• Johnson Electric Holdings Limited.
• Magna International Inc.
Global Vehicle Electrification Market Segmentation:
On the basis of product type
• Start–Stop System
• Electric Power Steering (EPS)
• Liquid Heater PTC
• Electric Air-Conditioner Compressor
• Electric Vacuum Pump
• Electric Oil Pump
• Electric Water Pump
• Thermoelectric Generator
• Electric Turbocharger
On the basis of vehicle type
• Passenger Car
• Light Commercial Vehicle
• Heavy Commercial Vehicle
• Two – Wheeler
Reasons to Buying From us –
• We cover more than 15 major industries, further segmented into more than 90 sectors.
• More than 120 countries are for analysis.
• Over 100+ paid data sources mined for investigation.
• Our expert research analysts answer all your questions before and after purchasing your report.
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Vehicle Electrification Market Report
• What was the Vehicle Electrification Market size in 2018 and 2019; what are the estimated growth trends and market forecast (2019-2025).
• What will be the CAGR of Thin Wafer Market during the forecast period (2019-2025)?
• Which segments (product type/applications/end-user) were most attractive for investments in 2018? How are these segments are expected to grow during the forecast period (2019-2025)?
• Which manufacturer/vendor/players in the Thin Wafer Market was the market leader in 2018?
• Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
Media Contact:
Company Name: Orion Market Reports
Contact Person: Mr. Anurag Tiwari
Email: info@orionmarketreports.com
Contact no: +91 780-304-0404
About Us:
Orion Market Reports (OMR) endeavors to provide exclusive blend of qualitative and quantitative market research reports to clients across the globe. Our organization helps both multinational and domestic enterprises to bolster their business by providing in-depth market insights and most reliable future market trends. Our reports address all the major aspects of the markets providing insights and market outlook to global clients.
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