The revenue mix of most of the global companies of Vehicle Electrification Market may change in coming time. One of the important factors would be the shift in topline of the clientele that will push them hard to adopt innovation and spend more on R&D to meet ever dynamic evolving requirements. Some of the players who are preparing for their clients’ future revenue shift will ride the tide, while others might find it challenging to sustain. To cite an in-depth market outlook AMA released its new publication on Vehicle Electrification Market with coverage over 100+ industry players, some of the profiled players are 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) and ZF Friedrichshafen (Germany).
The article cited AMA's "Global Vehicle Electrification Market Study" explored CAGR of 7.98%. According to the report, The Considerable Shifting of the Technologies from Hydrocarbon Energy to Electrical Energy in the Automotive Industry.
is one of the primary growth factors for the market. Decreasing Permissible Limits in Emission Regulations & Raised Fuel Economy Bars
is also expected to contribute significantly to the Vehicle Electrification market. Overall, Passenger Car
applications of Vehicle Electrification, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The Degree of Hybridization, such as Internal Combustion Engine (ICE) & Micro-Hybrid Vehicle, is boosting the Vehicle Electrification market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
AMAs Analyst on the Global Vehicle Electrification market identified that the demand is rising in many different parts of the world as "Adoption of Light Electric Commercial Vehicles in Developed Countries
". Furthermore, some recent industry insights like "In April 2017, Mitsubishi Electric Corporation announced that it has developed an ultra-compact silicon carbide (SiC) inverter for hybrid vehicles. It is compatible with two-motor hybrid systems used in HEVs. The company will proceed to develop it for mass production, with the aim of commercializing it around 2021." is constantly making the industry dynamic.
The report provides an in-depth analysis and forecast about the industry covering the following key features:
Detailed Overview of Vehicle Electrification market will help deliver clients and businesses making strategies. Influencing factors that thriving demand and latest trend running in the market What is the market concentration? Is it fragmented or highly concentrated? What trends, challenges and barriers will impact the development and sizing of Vehicle Electrification market SWOT Analysis of profiled players and Porter's five forces & PEST Analysis for deep insights. What growth momentum or downgrade market may carry during the forecast period? Which region may tap highest market share in coming era? What focused approach and constraints are holding the Vehicle Electrification market tight? Which application/end-user category or Product 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 and Actuators] may seek incremental growth prospects? What would be the market share of key countries like Germany, USA, France, China etc.?
**The market is valued based on weighted average selling price (WASP) and includes any applicable taxes on manufacturers. All currency conversions used in the creation of this report have been calculated using constant annual average 2018 currency rates.
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Vehicle Electrification market and other related sub-markets covered in the study.
o Key & emerging players in the market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Vehicle Electrification market size is calculated using market estimation process, the Vehicle Electrification market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Vehicle Electrification market size has been validated using both top-down and bottom-up approaches.