Vehicle Electrification Market to Witness Revolutionary Growth by 2027 : Continental, Denso, Borgwarner

New Jersey, USA — (SBWIRE) — 04/26/2022 — The latest study released on the Global Vehicle Electrification Market by AMA Research evaluates market size, trend, and forecast to 2027. The Vehicle Electrification market study covers significant research data and proofs to be a handy resource document for managers, analysts, industry experts and other key people to have ready-to-access and self-analyzed study to help understand market trends, growth drivers, opportunities and upcoming challenges and about the competitors.

Key Players in This Report Include:
Robert Bosch GmbH (Germany), Continental AG (Germany), Delphi Automotive PLC (United Kingdom), Denso Corporation (Japan), Hitachi Electric (Japan), Johnson Electric (Hong Kong), Mitsubishi Electric (Japan), Borgwarner (United States), Magna (Canada), Aisin (Japan), ZF Friedrichshafen (Germany)

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Definition:
Vehicle electrification refers to a range of technologies that use electricity to propel a vehicle. Advances in electrified mobility were emerging at breakneck speed as companies raced to develop new ways to move the masses. Global sales of electric and plug-in hybrid cars increased by 54 percent in 2017 to touch 1.15 million units. According to the International Council on Clean Transportation (ICCT), the total sum to global annual sales of electric vehicle is more than 3 million vehicles in 2020 and about 10 million by 2025.

Market Trends:
The Considerable Shifting of the Technologies from Hydrocarbon Energy to Electrical Energy in the Automotive Industry.
New Developments for Climate-Friendly Hybrid and Electric Vehicles

Market Drivers:
Decreasing Permissible Limits in Emission Regulations & Raised Fuel Economy Bars
Increasing Demand for Reliable Electric Systems in Vehicles
Rising Need for 48V Architecture

Market Opportunities:
Adoption of Light Electric Commercial Vehicles in Developed Countries
The Surge in the Growth of Automotive Industry in Developing Economies

The Global Vehicle Electrification Market segments and Market Data Break Down are illuminated below:
by Type (Start/Stop System, Electric Power Steering (EPS), Electric Air-Conditioner Compressor, Electric Vacuum Pump, Electric Oil Pump, Electric Water Pump, Electric Mirror, Liquid Heater PTC, Integrated Starter Generator (ISG), Starter Motor & Alternator, Actuators), Application (Passenger Car, Light Commercial Vehicle (LCV), Heavy Commercial Vehicle (HCV)), Degree of Hybridization (Internal Combustion Engine (ICE) & Micro-Hybrid Vehicle, Hybrid Electric Vehicle (HEV), Plug-In Hybrid Electric Vehicle (PHEV), Battery Electric Vehicle (BEV))

Global Vehicle Electrification market report highlights information regarding the current and future industry trends, growth patterns, as well as it offers business strategies to helps the stakeholders in making sound decisions that may help to ensure the profit trajectory over the forecast years.

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Geographically, the detailed analysis of consumption, revenue, market share, and growth rate of the following regions:
– The Middle East and Africa (South Africa, Saudi Arabia, UAE, Israel, Egypt, etc.)
– North America (United States, Mexico & Canada)
– South America (Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, etc.)
– Europe (Turkey, Spain, Turkey, Netherlands Denmark, Belgium, Switzerland, Germany, Russia UK, Italy, France, etc.)
– Asia-Pacific (Taiwan, Hong Kong, Singapore, Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia).

Objectives of the Report
– -To carefully analyze and forecast the size of the Vehicle Electrification market by value and volume.
– -To estimate the market shares of major segments of the Vehicle Electrification
– -To showcase the development of the Vehicle Electrification market in different parts of the world.
– -To analyze and study micro-markets in terms of their contributions to the Vehicle Electrification market, their prospects, and individual growth trends.
– -To offer precise and useful details about factors affecting the growth of the Vehicle Electrification
– -To provide a meticulous assessment of crucial business strategies used by leading companies operating in the Vehicle Electrification market, which include research and development, collaborations, agreements, partnerships, acquisitions, mergers, new developments, and product launches.

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Major highlights from Table of Contents:

Vehicle Electrification Market Study Coverage:
– It includes major manufacturers, emerging player’s growth story, and major business segments of Vehicle Electrification market, years considered, and research objectives. Additionally, segmentation on the basis of the type of product, application, and technology.
– Vehicle Electrification Market Executive Summary: It gives a summary of overall studies, growth rate, available market, competitive landscape, market drivers, trends, and issues, and macroscopic indicators.
– Vehicle Electrification Market Production by Region Vehicle Electrification Market Profile of Manufacturers-players are studied on the basis of SWOT, their products, production, value, financials, and other vital factors.
– Key Points Covered in Vehicle Electrification Market Report:
– Vehicle Electrification Overview, Definition and Classification Market drivers and barriers
– Vehicle Electrification Market Competition by Manufacturers
– Impact Analysis of COVID-19 on Vehicle Electrification Market
– Vehicle Electrification Capacity, Production, Revenue (Value) by Region (2021-2027)
– Vehicle Electrification Supply (Production), Consumption, Export, Import by Region (2021-2027)
– Vehicle Electrification Production, Revenue (Value), Price Trend by Type {Start/Stop System, Electric Power Steering (EPS), Electric Air-Conditioner Compressor, Electric Vacuum Pump, Electric Oil Pump, Electric Water Pump, Electric Mirror, Liquid Heater PTC, Integrated Starter Generator (ISG), Starter Motor & Alternator, Actuators}
– Vehicle Electrification Market Analysis by Application {Passenger Car, Light Commercial Vehicle (LCV), Heavy Commercial Vehicle (HCV)}
– Vehicle Electrification Manufacturers Profiles/Analysis Vehicle Electrification Manufacturing Cost Analysis, Industrial/Supply Chain Analysis, Sourcing Strategy and Downstream Buyers, Marketing
– Strategy by Key Manufacturers/Players, Connected Distributors/Traders Standardization, Regulatory and collaborative initiatives, Industry road map and value chain Market Effect Factors Analysis.

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Key questions answered
– How feasible is Vehicle Electrification market for long-term investment?
– What are influencing factors driving the demand for Vehicle Electrification near future?
– What is the impact analysis of various factors in the Global Vehicle Electrification market growth?
– What are the recent trends in the regional market and how successful they are?

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