Vehicle Electrification Market by Product (Actuator, Electric Power Steering, Integrated Starter Generator), Hybridization (Battery Electric Vehicle, Hybrid Electric Vehicle, Internal Combustion Engine) - Global Forecast 2024-2030

Vehicle Electrification Market by Product (Actuator, Electric Power Steering, Integrated Starter Generator), Hybridization (Battery Electric Vehicle, Hybrid Electric Vehicle, Internal Combustion Engine) - Global Forecast 2024-2030


The Vehicle Electrification Market size was estimated at USD 93.65 billion in 2023 and expected to reach USD 103.43 billion in 2024, at a CAGR 10.53% to reach USD 188.84 billion by 2030.

Global Vehicle Electrification Market

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Vehicle Electrification Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Vehicle Electrification Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Vehicle Electrification Market, highlighting leading vendors and their innovative profiles. These include Aptiv PLC, Continental AG, Ford Motor Company, General Motors Company, Hitachi, Ltd., Jaguar Land Rover Automotive PLC, Johnson Electric Holdings Limited, Magna International Inc., Mercedes-Benz Group AG, Mitsubishi Electric Corporation, Poclain Hydraulics Industrie SA, Robert Bosch GmbH, Schaeffler AG, Volkswagen AG, and ZF Friedrichshafen AG.

Market Segmentation & Coverage

This research report categorizes the Vehicle Electrification Market to forecast the revenues and analyze trends in each of the following sub-markets:

Product
Actuator
Electric Power Steering
Integrated Starter Generator
Liquid Heater PTC
Start or Stop System
Starter Motor & Alternator
Hybridization
Battery Electric Vehicle
Hybrid Electric Vehicle
Internal Combustion Engine
Plug-in Hybrid Electric Vehicle
Region
Americas
Argentina

Brazil

Canada

Mexico

United States
California

Florida

Illinois

New York

Ohio

Pennsylvania

Texas
Asia-Pacific
Australia

China

India

Indonesia

Japan

Malaysia

Philippines

Singapore

South Korea

Taiwan

Thailand

Vietnam
Europe, Middle East & Africa
Denmark

Egypt

Finland

France

Germany

Israel

Italy

Netherlands

Nigeria

Norway

Poland

Qatar

Russia

Saudi Arabia

South Africa

Spain

Sweden

Switzerland

Turkey

United Arab Emirates

United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.
2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Vehicle Electrification Market?
2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Vehicle Electrification Market?
3. What are the technology trends and regulatory frameworks in the Vehicle Electrification Market?
4. What is the market share of the leading vendors in the Vehicle Electrification Market?
5. Which modes and strategic moves are suitable for entering the Vehicle Electrification Market?

Note: PDF & Excel + Online Access - 1 Year


1. Preface
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders
2. Research Methodology
2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update
3. Executive Summary
4. Market Overview
4.1. Introduction
4.2. Vehicle Electrification Market, by Region
5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.1.1. Increasing demand for hybrid vehicle
5.1.1.2. Rising demand for clean roadmap & value-oriented solution
5.1.1.3. Reducing price of batteries per KWH spur the demand for vehicle electrification
5.1.2. Restraints
5.1.2.1. High cost incurred in vehicle electrification
5.1.3. Opportunities
5.1.3.1. Stringent government emission regulation in developed countries
5.1.3.2. Evolution of power grid globally
5.1.4. Challenges
5.1.4.1. Lack of infrastructure for charging facilities
5.2. Market Segmentation Analysis
5.3. Market Trend Analysis
5.4. Cumulative Impact of High Inflation
5.5. Porter’s Five Forces Analysis
5.5.1. Threat of New Entrants
5.5.2. Threat of Substitutes
5.5.3. Bargaining Power of Customers
5.5.4. Bargaining Power of Suppliers
5.5.5. Industry Rivalry
5.6. Value Chain & Critical Path Analysis
5.7. Regulatory Framework
6. Vehicle Electrification Market, by Product
6.1. Introduction
6.2. Actuator
6.3. Electric Power Steering
6.4. Integrated Starter Generator
6.5. Liquid Heater PTC
6.6. Start or Stop System
6.7. Starter Motor & Alternator
7. Vehicle Electrification Market, by Hybridization
7.1. Introduction
7.2. Battery Electric Vehicle
7.3. Hybrid Electric Vehicle
7.4. Internal Combustion Engine
7.5. Plug-in Hybrid Electric Vehicle
8. Americas Vehicle Electrification Market
8.1. Introduction
8.2. Argentina
8.3. Brazil
8.4. Canada
8.5. Mexico
8.6. United States
9. Asia-Pacific Vehicle Electrification Market
9.1. Introduction
9.2. Australia
9.3. China
9.4. India
9.5. Indonesia
9.6. Japan
9.7. Malaysia
9.8. Philippines
9.9. Singapore
9.10. South Korea
9.11. Taiwan
9.12. Thailand
9.13. Vietnam
10. Europe, Middle East & Africa Vehicle Electrification Market
10.1. Introduction
10.2. Denmark
10.3. Egypt
10.4. Finland
10.5. France
10.6. Germany
10.7. Israel
10.8. Italy
10.9. Netherlands
10.10. Nigeria
10.11. Norway
10.12. Poland
10.13. Qatar
10.14. Russia
10.15. Saudi Arabia
10.16. South Africa
10.17. Spain
10.18. Sweden
10.19. Switzerland
10.20. Turkey
10.21. United Arab Emirates
10.22. United Kingdom
11. Competitive Landscape
11.1. FPNV Positioning Matrix
11.2. Market Share Analysis, By Key Player
11.3. Competitive Scenario Analysis, By Key Player
12. Competitive Portfolio
12.1. Key Company Profiles
12.1.1. Aptiv PLC
12.1.2. Continental AG
12.1.3. Ford Motor Company
12.1.4. General Motors Company
12.1.5. Hitachi, Ltd.
12.1.6. Jaguar Land Rover Automotive PLC
12.1.7. Johnson Electric Holdings Limited
12.1.8. Magna International Inc.
12.1.9. Mercedes-Benz Group AG
12.1.10. Mitsubishi Electric Corporation
12.1.11. Poclain Hydraulics Industrie SA
12.1.12. Robert Bosch GmbH
12.1.13. Schaeffler AG
12.1.14. Volkswagen AG
12.1.15. ZF Friedrichshafen AG
12.2. Key Product Portfolio
13. Appendix
13.1. Discussion Guide
13.2. License & Pricing
FIGURE 1. VEHICLE ELECTRIFICATION MARKET RESEARCH PROCESS
FIGURE 2. VEHICLE ELECTRIFICATION MARKET SIZE, 2023 VS 2030
FIGURE 3. VEHICLE ELECTRIFICATION MARKET SIZE, 2018-2030 (USD MILLION)
FIGURE 4. VEHICLE ELECTRIFICATION MARKET SIZE, BY REGION, 2023 VS 2030 (%)
FIGURE 5. VEHICLE ELECTRIFICATION MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 6. VEHICLE ELECTRIFICATION MARKET DYNAMICS
FIGURE 7. VEHICLE ELECTRIFICATION MARKET SIZE, BY PRODUCT, 2023 VS 2030 (%)
FIGURE 8. VEHICLE ELECTRIFICATION MARKET SIZE, BY PRODUCT, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 9. VEHICLE ELECTRIFICATION MARKET SIZE, BY HYBRIDIZATION, 2023 VS 2030 (%)
FIGURE 10. VEHICLE ELECTRIFICATION MARKET SIZE, BY HYBRIDIZATION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 11. AMERICAS VEHICLE ELECTRIFICATION MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 12. AMERICAS VEHICLE ELECTRIFICATION MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 13. UNITED STATES VEHICLE ELECTRIFICATION MARKET SIZE, BY STATE, 2023 VS 2030 (%)
FIGURE 14. UNITED STATES VEHICLE ELECTRIFICATION MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 15. ASIA-PACIFIC VEHICLE ELECTRIFICATION MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 16. ASIA-PACIFIC VEHICLE ELECTRIFICATION MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 17. EUROPE, MIDDLE EAST & AFRICA VEHICLE ELECTRIFICATION MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 18. EUROPE, MIDDLE EAST & AFRICA VEHICLE ELECTRIFICATION MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 19. VEHICLE ELECTRIFICATION MARKET, FPNV POSITIONING MATRIX, 2023
FIGURE 20. VEHICLE ELECTRIFICATION MARKET SHARE, BY KEY PLAYER, 2023

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