Vehicle Electrification Market Analysis By Product (Start/Stop Systems, Electric Power Steering, Liquid Heater Ptc, Electric Oil Pump, Electric Water Pump, Starter Motor & Alternator), By Hybridization And Segment Forecasts, 2014 - 2025

Published: Jan, 2018 | Pages: 180 | Publisher: Grand View Research
Industry: ICT | Report Format: Electronic (PDF)

The global vehicle electrification market is anticipated to reach USD 125.12 billion by 2025, according to a new report by Grand View Research, Inc. The growing demand for electrification in transport automobiles is increasing owing to social influence and acceptability to shift in favor of electrification via lowered usage of petroleum to energy efficient vehicle. Moreover, regional legislation policies and regulatory efforts globally on strengthening CO2 emissions standard have been immensely contributing to the growth of the market.

Integrated Starter Generator (ISG) product is expected to gain traction over the forecast period. The application of ISG in vehicle helps the engine to instant and silently restart after the idle or traffic stop when the engines shut down to reduce emission and save fuel. ISG achieve vibration and noise reduced operation improving the automobile comfort for the user. Further, ISG optimizes the electric energy by reducing the load of the engine which further drives the content of electronic solution in the vehicle. Integrated starter generator in the automobile has significant influence to start engine under extremely low-temperature conditions.

The demand for integrated started generator product type was valued at USD 4.97 billion in 2016 and is expected to reach over USD 11.16 billion by 2025.

The internal combustion engine (ICE) & micro-hybrid vehicle is one of the largest segment in hybridization type. The growth of ICE & micro-hybrid automobiles is attributed to mechanical integration which yields significant fuel economy when it is idle in traffic or at a signal. Moreover, to meet the growing environmental challenges which are posed by several emission legislations automakers have developed various eco solutions in the conventional ICE.

Increasing user demand for eco-friendly solutions and stringent emission regulations are few key factors that are expected to impact the growth for internal combustion engine & micro-hybrid vehicle in the market over the forecast period. The internal combustion engine & micro-hybrid vehicle segment is anticipated to grow at a CAGR of 7.8% from 2017 to 2025.

Further key findings from the report suggest:

• The global vehicle electrification market accounted for USD 58.92 billion in 2016 and is expected to grow at a CAGR of 9.1% from 2017 to 2025

• Internal Combustion Engine (ICE) & Micro-Hybrid Vehicle emerged as the largest segment in 2016 and is estimated to generate revenue over USD 70.68 billion by 2025.

• The BEV hybridization segment is anticipated to witness moderate growth over the next eight years.

• The electric vacuum pump within product segment is estimated to reach over USD 17.75 billion by 2025

• The Asia Pacific market is projected to witness substantial growth over the next decade owing to growing adoption of vehicle electrification methods among automobile sector on a large scale. The regional market is expected to grow at a CAGR of 8.5% from 2017 to 2025.

• Key players include Robert Bosch GmbH, Continental AG, Denso Corporation, Delphi Automotive PLC, Johnson Electric, and Mitsubishi Electric Corporation, accounting for a majority share of the overall market in 2016

 Table of Contents

Chapter 1 Methodology and Scope
                 1.1 Research Methodology
                 1.2 Research Scope & Assumptions
                 1.3 List of Data Sources

Chapter 2 Executive Summary

Chapter 3 Market Snapshot
                 3.1 Vehicle Electrification - Market snapshot & key buying criteria, 2014 - 2025
                     3.1.1 Global vehicle electrification market, 2014 - 2025

Chapter 4 Vehicle Electrification Industry Outlook
                 4.1 Market Segmentation
                 4.2 Vehicle electrification - Market Size and Growth Prospects
                 4.3 Vehicle Electrification - Value Chain Analysis
                 4.4 Market Dynamics
                     4.4.1 Market driver analysis
                         4.4.1.1 Clean energy roadmap
                         4.4.1.2 Reduced tailpipe emission standard
                         4.4.1.3 Rising social Influence & growing concern
                         4.4.1.4 Value-Oriented Solution
                         4.4.1.5 Strengthening CO2 Regulations
                         4.4.1.6 Evolution of power grid
                     4.4.2 Market restraint analysis
                         4.4.2.1 Vehicle electrification incurs higher cost
                         4.4.2.2 Driving range and charging facilities
                         4.4.2.3 Lack of consumer knowledge & choice
                 4.5 Industry Analysis - Porter's
                 4.6 Penetration & Growth Prospect Mapping
                 4.7 Electric Vehicle - Key Company Analysis, 2015
                 4.8 Electric Vehicle - PEST Analysis

Chapter 5 Vehicle Electrification Market: Product Estimates & Trend Analysis
                 5.1 Vehicle Electrification Market: Product Movement Analysis
                     5.1.1 Start/Stop System market, 2014 - 2025 (USD Billion)
                     5.1.2 Electric Power Steering (EPS) market, 2014 - 2025 (USD Billion)
                     5.1.3 Liquid Heater Ptc market, 2014 - 2025 (USD Billion)
                     5.1.4 Electric Air Conditioner Compressor market, 2014 - 2025 (USD Billion)
                     5.1.5 Electric Vacuum Pump market, 2014 - 2025 (USD Billion)
                     5.1.6 Electric Oil Pump market, 2014 - 2025 (USD Billion)
                     5.1.7 Electric Water Pump market, 2014 - 2025 (USD Billion)
                     5.1.8 Starter Motor & Alternator market, 2014 - 2025 (USD Billion)
                     5.1.9 Integrated Starter Generator market, 2014 - 2025 (USD Billion)
                     5.1.10 Actuators market, 2014 - 2025 (USD Billion)

Chapter 6 Vehicle Electrification Market: Hybridization Estimates & Trend Analysis
                 6.1 Vehicle Electrification Market: Hybridization Movement Analysis
                 6.2 Internal Combustion Engine (ICE) & Micro-Hybrid Vehicle 
                     6.2.1 Internal Combustion Engine (ICE) & Micro-Hybrid Vehicle for vehicle electrification market, 2014 - 2025 (USD Billion)
                 6.3 Hybrid Electric Vehicle (HEV)
                     6.3.1 Hybrid Electric Vehicle (HEV) for vehicle electrification market, 2014 - 2025 (USD Billion)
                 6.4 Plug-In Hybrid Electric Vehicle (PHEV)
                     6.4.1 Plug-In Hybrid Electric Vehicle (PHEV) for vehicle electrification market, 2014 - 2025 (USD Billion)
                 6.5 Battery Electric Vehicle (BEV)
                     6.5.1 Battery Electric Vehicle (BEV) for vehicle electrification market, 2014 - 2025 (USD Billion)

Chapter 7 Vehicle Electrification Market: Regional Estimates & Trend Analysis
                 7.1 North America
                     7.1.1 North America vehicle electrification market, by product 2014 - 2025 (USD Billion)
                     7.1.2 North America vehicle electrification, by hybridization 2014 - 2025 (USD Billion)
                     7.1.3 U.S.
                         7.1.3.1 U.S. vehicle electrification, by product 2014 - 2025 (USD Billion)
                         7.1.3.2 U.S. vehicle electrification market, by hybridization 2014 - 2025 (USD Billion)
                     7.1.4 Canada
                         7.1.4.1 Canada vehicle electrification market, by product 2014 - 2025 (USD Billions)
                         7.1.4.2 Canada vehicle electrification market, by hybridization 2014 - 2025 (USD Billion)
                 7.2 Europe
                     7.2.1 Europe vehicle electrification market, by product 2014 - 2025 (USD Billion)
                     7.2.2 Europe vehicle electrification market, by hybridization 2014 - 2025 (USD Billion)
                     7.2.3 U.K
                         7.2.3.1 U.K. vehicle electrification market, by product 2014 - 2025 (USD Billion)
                         7.2.3.2 U.K. vehicle electrification market, by hybridization 2014 - 2025 (USD Billion)
                     7.2.4 Germany
                         7.2.4.1 Germany vehicle electrification market, by product 2014 - 2025 (USD Billion)
                         7.2.4.2 Germany vehicle electrification market, by hybridization 2014 - 2025 (USD Billion)
                     7.2.5 Rest of Europe
                         7.2.5.1 Rest of Europe vehicle electrification market, by product 2014 - 2025 (USD Billion)
                         7.2.5.2 Rest of Europe vehicle electrification market, by hybridization 2014 - 2025 (USD Billion)
                 7.3 Asia Pacific
                     7.3.1 Asia Pacific vehicle electrification market, by product 2014 - 2025 (USD Billion)
                     7.3.2 Asia Pacific vehicle electrification market, by hybridization 2014 - 2025 (USD Billion)
                     7.3.3 China
                         7.3.3.1 China vehicle electrification market, by product 2014 - 2025 (USD Billion)
                         7.3.3.2 China vehicle electrification market, by hybridization 2014 - 2025 (USD Billion)
                     7.3.4 India
                         7.3.4.1 India vehicle electrification market, by product 2014 - 2025 (USD Billion)
                         7.3.4.2 India vehicle electrification market, by hybridization 2014 - 2025 (USD Billion)
                     7.3.5 Japan
                         7.3.5.1 Japan vehicle electrification market, by product 2014 - 2025 (USD Billion)
                         7.3.5.2 Japan vehicle electrification market, by hybridization 2014 - 2025 (USD Billion)
                     7.3.6 Rest of Asia Pacific
                         7.3.6.1 Rest of Asia Pacific vehicle electrification market, by product 2014 - 2025 (USD Billion)
                         7.3.6.2 Rest of Asia Pacific vehicle electrification market, by hybridization 2014 - 2025 (USD Billion)
                 7.4 Rest of The World
                     7.4.1 Rest of The World electric vehicle market, by product type 2014 - 2025 (USD Billion)
                     7.4.2 Rest of The World vehicle electrification market, by hybridization 2014 - 2025 (USD Billion)
                     7.4.3 Brazil vehicle electrification market, by product 2014 - 2025 (USD Billion)
                     7.4.4 Brazil vehicle electrification market, by hybridization 2014 - 2025 (USD Billion)
                     7.4.5 Mexico vehicle electrification market, by product 2014 - 2025 (USD Billion)
                     7.4.6 Mexico vehicle electrification market, by hybridization 2014 - 2025 (USD Billion)

Chapter 8 Competitive Landscape
                 8.1 Robert Bosch GmbH
                     8.1.1 Company overview
                     8.1.2 Financial Performance
                     8.1.3 Product/Solution benchmarking
                     8.1.4 Strategic initiatives
                 8.2 Continental AG
                     8.2.1 Company overview
                     8.2.2 Financial Performance
                     8.2.3 Product/Solution benchmarking
                     8.2.4 Strategic initiatives
                 8.3 Denso Corporation
                     8.3.1 Company overview
                     8.3.2 Financial Performance
                     8.3.2 Product benchmarking
                     8.3.3 Strategic initiatives
                 8.4 Delphi Automotive PLC
                     8.4.1 Company overview
                     8.4.2 Financial Performance
                     8.4.3 Product/ Solution benchmarking
                     8.4.4 Strategic initiatives
                 8.5 Johnson Electric
                     8.5.1 Company overview
                     8.5.2 Financial Performance
                     8.5.3 Product/Solution Benchmarking
                     8.5.4 Strategic initiatives
                 8.6 Mitsubishi Electric Corporation
                     8.6.1 Company overview
                     8.6.2 Financial Performance
                     8.6.3 Product/Solution benchmarking
                     8.6.4 Strategic initiatives
                 8.7 BorgWarner Inc.
                     8.7.1 Company overview
                     8.7.2 Financial performance
                     8.7.3 Product/ Solutions benchmarking
                     8.7.4 Strategic Initiatives
                     8.8 Magna International Inc.
                 8.8.1 Company overview
                     8.8.1 Financial performance
                     8.8.2 Product/solution benchmarking
                     8.8.3 Strategic Initiatives
                 8.9 Aisin Seiki Co. Ltd.
                     8.9.1 Company overview
                     8.9.2 Financial performance
                     8.9.3 Product/Solution benchmarking
                     8.9.4 Strategic Initiatives
                 8.10 Johnson Control Inc.
                     8.10.1 Company overview
                     8.10.2 Financial performance
                     8.10.3 Product benchmarking
                     8.10.4 Strategic Initiatives
                 8.11 ZF Friedrichshafen AG
                     8.11.1 Company overview
                     8.11.2 Financial performance
                     8.11.3 Product benchmarking
                     8.11.4 Strategic Initiatives
                 8.12 Valeo SA
                     8.12.1 Company overview
                     8.12.2 Financial performance
                     8.12.3 Product/ Solution benchmarking
                     8.12.4 Strategic Initiatives
                 8.13 JTEKT Corporation
                     8.13.1 Company overview
                     8.13.2 Financial performance
                     8.13.2 Product/Solution benchmarking
                     8.13.3 Strategic Initiatives
                 8.14 Hitachi Automotive Systems Ltd.
                     8.14.1 Company overview
                     8.14.2 Financial performance
                     8.14.3 Product/Solution benchmarking
                     8.14.4 Strategic Initiatives
                 8.15 Wabco Holdings Inc.
                     8.15.1 Company overview
                     8.15.2 Financial performance
                     8.15.3 Product/Solution benchmarking
                     8.15.4 Strategic Initiatives

List of Tables

TABLE 1 Global electric vehicle market, 2014 - 2025 (USD Billion)
TABLE 2 Vehicle Electrification market by region, 2014 - 2025 (USD Billion)
TABLE 3 Vehicle Electrification market, by Product 2014 - 2025 (USD Billion)
TABLE 4 Vehicle Electrification market, by hybridization 2014 - 2025 (USD Billion)
TABLE 5 Global Start/Stop System market by region, 2014 - 2025 (USD Billion)
TABLE 6 Global Electric Power Steering (EPS) market by region, 2014 - 2025 (USD Billion)
TABLE 7 Global Liquid Heater Ptc market by region, 2014 - 2025 (USD Billion)
TABLE 8 Global Electric Air Conditioner Compressor market by region, 2014 - 2025 (USD Billion)
TABLE 9 Global Electric Vacuum Pump market by region, 2014 - 2025 (USD Billion)
TABLE 10 Global Electric Oil Pump market by region, 2014 - 2025 (USD Billion)
TABLE 11 Global Electric Water Pump market by region, 2014 - 2025 (USD Billion)
TABLE 12 Global Starter Motor & Alternator market by region, 2014 - 2025 (USD Billion)
TABLE 13 Global Integrated Starter Generator market by region, 2014 - 2025 (USD Billion)
TABLE 14 Global Actuators market by region, 2014 - 2025 (USD Billion)
TABLE 15 Internal Combustion Engine (ICE) & Micro-Hybrid Vehicle for vehicle electrification, 2014 - 2025 (USD Million)
TABLE 16 Hybrid Electric Vehicle (HEV) for vehicle electrification, 2014 - 2025 (USD Million)
TABLE 17 Plug-In Hybrid Electric Vehicle (PHEV) for vehicle electrification, 2014 - 2025 (USD Million)
TABLE 18 Battery Electric Vehicle (BEV) for vehicle electrification market, 2014 - 2025 (USD Million)
TABLE 19 North America electrification market, by product 2014 - 2025
TABLE 20 North America vehicle electrification market, by hybridization 2014 - 2025 (USD Billion)
TABLE 21 U.S. electric vehicle shipment, by product 2014 - 2025
TABLE 22 U.S. vehicle electrification market, by hybridization 2014 - 2025 (USD Billion)
TABLE 23 Canada vehicle electrification market, by product 2014 - 2025
TABLE 24 Canada vehicle electrification market, by hybridization 2014 - 2025 (USD Billion)
TABLE 25 Europe vehicle electrification market, by product 2014 - 2025
TABLE 26 Europe vehicle electrification market, by hybridization 2014 - 2025 (USD Billion)
TABLE 27 U.K. vehicle electrification, by product 2014 - 2025
TABLE 28 U.K. vehicle electrification market, by hybridization 2014 - 2025 (USD Billion)
TABLE 29 Germany vehicle electrification market, by product 2014 - 2025 (USD Billion)
TABLE 30 Germany vehicle electrification market, by hybridization 2014 - 2025 (USD Billion)
TABLE 31 Rest of Europe vehicle electrification market, by product 2014 - 2025 (USD Billion)
TABLE 32 Rest of Europe vehicle electrification market, by hybridization 2014 - 2025 (USD Billion)
TABLE 33 Asia Pacific vehicle electrification market, by product 2014 - 2025 (USD Billion)
TABLE 34 Asia Pacific vehicle electrification market, by hybridization 2014 - 2025 (USD Billion)
TABLE 35 China vehicle electrification market, by product 2014 - 2025 (USD Billion)
TABLE 36 China vehicle electrification market, by hybridization 2014 - 2025 (USD Billion)
TABLE 37 India vehicle electrification market, by product 2014 - 2025 (USD Billion)
TABLE 38 India vehicle electrification market, by hybridization 2014 - 2025 (USD Billion)
TABLE 39 Japan vehicle electrification market, by product 2014 - 2025 (USD Billion)
TABLE 40 Japan vehicle electrification market, by hybridization 2014 - 2025 (USD Billion)
TABLE 41 Rest of Asia Pacific vehicle electrification market, by product 2014 - 2025 (USD Billion)
TABLE 42 Rest of Asia Pacific vehicle electrification market, by hybridization 2014 - 2025 (USD Billion)
TABLE 43 Rest of The World vehicle electrification market, by product 2014 - 2025 (USD Million)
TABLE 44 Rest of The World vehicle electrification market, by hybridization 2014 - 2025 (USD Million)
TABLE 45 Brazil vehicle electrification market, by product 2014 - 2025 (USD Million)
TABLE 46 Brazil vehicle electrification market, by hybridization 2014 - 2025 (USD Million)
TABLE 47 Mexico vehicle electrification market, by product 2014 - 2025 (USD Million)
TABLE 48 Mexico electric vehicle market, by hybridization 2014 - 2025 (USD Million)