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No. of Pages : 128

Report Code : MRFR/AM/1511-HCR

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Vehicle Electrification Market

The Vehicle Electrification Market is anticipated to grow at a lucrative rate of 12.52%. It is estimated that the market value will further increase up to USD 290.55 Billion during the studied forecast period 2023-2032.

Segmentation
Based on Voltage 14 V 12 V 48 V 24 V
Based on product type Electric Power Steering (EPS) Integrated Starter Generator (ISG) Stop/Start System Liquid Heater PTC Electric Oil Pump Electric Vacuum Pump Starter Motor
Based on the degree of hybridization Internal Combustion Engine (ICE) & Micro-Hybrid Vehicle Battery Electric Vehicle ((BEV) Plug-In Hybrid Electric Vehicle (PHEV) 48 Mild-Hybrid Market.
Key Players
Companies Profiled   Robert Bosch GmbH (Germany)    Continental AG (Germany)    ZF Friedrichshafen AG (Germany)    Denso Corporation (Japan)    JTEKT Corporation (Japan)   Nexteer Automotive (U.S.)    Mitsubishi Electric Corporation (Japan) Mando Corp. (South Korea)    Borgwarner Inc. (U.S.)    Delphi Automotive PLC (U.K.)    Johnson Electric (Hong Kong)    Hitachi Automotive Systems    Ltd. (Japan)
Drivers
Market Driving Forces    New intelligent transport systems    Growing demand for electric vehicles    Strict government regulations coupled    Eco-friendly vehicles

Client Testimonials