Table of Content

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



List of Figures

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

List of Tables

TABLE 1. VEHICLE ELECTRIFICATION MARKET SEGMENTATION & COVERAGE
TABLE 2. UNITED STATES DOLLAR EXCHANGE RATE, 2018–2023
TABLE 3. VEHICLE ELECTRIFICATION MARKET SIZE, 2018-2030 (USD MILLION)
TABLE 4. GLOBAL VEHICLE ELECTRIFICATION MARKET SIZE, BY REGION, 2018-2030 (USD MILLION)
TABLE 5. VEHICLE ELECTRIFICATION MARKET SIZE, BY PRODUCT, 2018-2030 (USD MILLION)
TABLE 6. VEHICLE ELECTRIFICATION MARKET SIZE, BY ACTUATOR, BY REGION, 2018-2030 (USD MILLION)
TABLE 7. VEHICLE ELECTRIFICATION MARKET SIZE, BY ELECTRIC POWER STEERING, BY REGION, 2018-2030 (USD MILLION)
TABLE 8. VEHICLE ELECTRIFICATION MARKET SIZE, BY INTEGRATED STARTER GENERATOR, BY REGION, 2018-2030 (USD MILLION)
TABLE 9. VEHICLE ELECTRIFICATION MARKET SIZE, BY LIQUID HEATER PTC, BY REGION, 2018-2030 (USD MILLION)
TABLE 10. VEHICLE ELECTRIFICATION MARKET SIZE, BY START OR STOP SYSTEM, BY REGION, 2018-2030 (USD MILLION)
TABLE 11. VEHICLE ELECTRIFICATION MARKET SIZE, BY STARTER MOTOR & ALTERNATOR, BY REGION, 2018-2030 (USD MILLION)
TABLE 12. VEHICLE ELECTRIFICATION MARKET SIZE, BY HYBRIDIZATION, 2018-2030 (USD MILLION)
TABLE 13. VEHICLE ELECTRIFICATION MARKET SIZE, BY BATTERY ELECTRIC VEHICLE, BY REGION, 2018-2030 (USD MILLION)
TABLE 14. VEHICLE ELECTRIFICATION MARKET SIZE, BY HYBRID ELECTRIC VEHICLE, BY REGION, 2018-2030 (USD MILLION)
TABLE 15. VEHICLE ELECTRIFICATION MARKET SIZE, BY INTERNAL COMBUSTION ENGINE, BY REGION, 2018-2030 (USD MILLION)
TABLE 16. VEHICLE ELECTRIFICATION MARKET SIZE, BY PLUG-IN HYBRID ELECTRIC VEHICLE, BY REGION, 2018-2030 (USD MILLION)
TABLE 17. AMERICAS VEHICLE ELECTRIFICATION MARKET SIZE, BY PRODUCT, 2018-2030 (USD MILLION)
TABLE 18. AMERICAS VEHICLE ELECTRIFICATION MARKET SIZE, BY HYBRIDIZATION, 2018-2030 (USD MILLION)
TABLE 19. AMERICAS VEHICLE ELECTRIFICATION MARKET SIZE, BY COUNTRY, 2018-2030 (USD MILLION)
TABLE 20. ARGENTINA VEHICLE ELECTRIFICATION MARKET SIZE, BY PRODUCT, 2018-2030 (USD MILLION)
TABLE 21. ARGENTINA VEHICLE ELECTRIFICATION MARKET SIZE, BY HYBRIDIZATION, 2018-2030 (USD MILLION)
TABLE 22. BRAZIL VEHICLE ELECTRIFICATION MARKET SIZE, BY PRODUCT, 2018-2030 (USD MILLION)
TABLE 23. BRAZIL VEHICLE ELECTRIFICATION MARKET SIZE, BY HYBRIDIZATION, 2018-2030 (USD MILLION)
TABLE 24. CANADA VEHICLE ELECTRIFICATION MARKET SIZE, BY PRODUCT, 2018-2030 (USD MILLION)
TABLE 25. CANADA VEHICLE ELECTRIFICATION MARKET SIZE, BY HYBRIDIZATION, 2018-2030 (USD MILLION)
TABLE 26. MEXICO VEHICLE ELECTRIFICATION MARKET SIZE, BY PRODUCT, 2018-2030 (USD MILLION)
TABLE 27. MEXICO VEHICLE ELECTRIFICATION MARKET SIZE, BY HYBRIDIZATION, 2018-2030 (USD MILLION)
TABLE 28. UNITED STATES VEHICLE ELECTRIFICATION MARKET SIZE, BY PRODUCT, 2018-2030 (USD MILLION)
TABLE 29. UNITED STATES VEHICLE ELECTRIFICATION MARKET SIZE, BY HYBRIDIZATION, 2018-2030 (USD MILLION)
TABLE 30. UNITED STATES VEHICLE ELECTRIFICATION MARKET SIZE, BY STATE, 2018-2030 (USD MILLION)
TABLE 31. ASIA-PACIFIC VEHICLE ELECTRIFICATION MARKET SIZE, BY PRODUCT, 2018-2030 (USD MILLION)
TABLE 32. ASIA-PACIFIC VEHICLE ELECTRIFICATION MARKET SIZE, BY HYBRIDIZATION, 2018-2030 (USD MILLION)
TABLE 33. ASIA-PACIFIC VEHICLE ELECTRIFICATION MARKET SIZE, BY COUNTRY, 2018-2030 (USD MILLION)
TABLE 34. AUSTRALIA VEHICLE ELECTRIFICATION MARKET SIZE, BY PRODUCT, 2018-2030 (USD MILLION)
TABLE 35. AUSTRALIA VEHICLE ELECTRIFICATION MARKET SIZE, BY HYBRIDIZATION, 2018-2030 (USD MILLION)
TABLE 36. CHINA VEHICLE ELECTRIFICATION MARKET SIZE, BY PRODUCT, 2018-2030 (USD MILLION)
TABLE 37. CHINA VEHICLE ELECTRIFICATION MARKET SIZE, BY HYBRIDIZATION, 2018-2030 (USD MILLION)
TABLE 38. INDIA VEHICLE ELECTRIFICATION MARKET SIZE, BY PRODUCT, 2018-2030 (USD MILLION)
TABLE 39. INDIA VEHICLE ELECTRIFICATION MARKET SIZE, BY HYBRIDIZATION, 2018-2030 (USD MILLION)
TABLE 40. INDONESIA VEHICLE ELECTRIFICATION MARKET SIZE, BY PRODUCT, 2018-2030 (USD MILLION)
TABLE 41. INDONESIA VEHICLE ELECTRIFICATION MARKET SIZE, BY HYBRIDIZATION, 2018-2030 (USD MILLION)
TABLE 42. JAPAN VEHICLE ELECTRIFICATION MARKET SIZE, BY PRODUCT, 2018-2030 (USD MILLION)
TABLE 43. JAPAN VEHICLE ELECTRIFICATION MARKET SIZE, BY HYBRIDIZATION, 2018-2030 (USD MILLION)
TABLE 44. MALAYSIA VEHICLE ELECTRIFICATION MARKET SIZE, BY PRODUCT, 2018-2030 (USD MILLION)
TABLE 45. MALAYSIA VEHICLE ELECTRIFICATION MARKET SIZE, BY HYBRIDIZATION, 2018-2030 (USD MILLION)
TABLE 46. PHILIPPINES VEHICLE ELECTRIFICATION MARKET SIZE, BY PRODUCT, 2018-2030 (USD MILLION)
TABLE 47. PHILIPPINES VEHICLE ELECTRIFICATION MARKET SIZE, BY HYBRIDIZATION, 2018-2030 (USD MILLION)
TABLE 48. SINGAPORE VEHICLE ELECTRIFICATION MARKET SIZE, BY PRODUCT, 2018-2030 (USD MILLION)
TABLE 49. SINGAPORE VEHICLE ELECTRIFICATION MARKET SIZE, BY HYBRIDIZATION, 2018-2030 (USD MILLION)
TABLE 50. SOUTH KOREA VEHICLE ELECTRIFICATION MARKET SIZE, BY PRODUCT, 2018-2030 (USD MILLION)
TABLE 51. SOUTH KOREA VEHICLE ELECTRIFICATION MARKET SIZE, BY HYBRIDIZATION, 2018-2030 (USD MILLION)
TABLE 52. TAIWAN VEHICLE ELECTRIFICATION MARKET SIZE, BY PRODUCT, 2018-2030 (USD MILLION)
TABLE 53. TAIWAN VEHICLE ELECTRIFICATION MARKET SIZE, BY HYBRIDIZATION, 2018-2030 (USD MILLION)
TABLE 54. THAILAND VEHICLE ELECTRIFICATION MARKET SIZE, BY PRODUCT, 2018-2030 (USD MILLION)
TABLE 55. THAILAND VEHICLE ELECTRIFICATION MARKET SIZE, BY HYBRIDIZATION, 2018-2030 (USD MILLION)
TABLE 56. VIETNAM VEHICLE ELECTRIFICATION MARKET SIZE, BY PRODUCT, 2018-2030 (USD MILLION)
TABLE 57. VIETNAM VEHICLE ELECTRIFICATION MARKET SIZE, BY HYBRIDIZATION, 2018-2030 (USD MILLION)
TABLE 58. EUROPE, MIDDLE EAST & AFRICA VEHICLE ELECTRIFICATION MARKET SIZE, BY PRODUCT, 2018-2030 (USD MILLION)
TABLE 59. EUROPE, MIDDLE EAST & AFRICA VEHICLE ELECTRIFICATION MARKET SIZE, BY HYBRIDIZATION, 2018-2030 (USD MILLION)
TABLE 60. EUROPE, MIDDLE EAST & AFRICA VEHICLE ELECTRIFICATION MARKET SIZE, BY COUNTRY, 2018-2030 (USD MILLION)
TABLE 61. DENMARK VEHICLE ELECTRIFICATION MARKET SIZE, BY PRODUCT, 2018-2030 (USD MILLION)
TABLE 62. DENMARK VEHICLE ELECTRIFICATION MARKET SIZE, BY HYBRIDIZATION, 2018-2030 (USD MILLION)
TABLE 63. EGYPT VEHICLE ELECTRIFICATION MARKET SIZE, BY PRODUCT, 2018-2030 (USD MILLION)
TABLE 64. EGYPT VEHICLE ELECTRIFICATION MARKET SIZE, BY HYBRIDIZATION, 2018-2030 (USD MILLION)
TABLE 65. FINLAND VEHICLE ELECTRIFICATION MARKET SIZE, BY PRODUCT, 2018-2030 (USD MILLION)
TABLE 66. FINLAND VEHICLE ELECTRIFICATION MARKET SIZE, BY HYBRIDIZATION, 2018-2030 (USD MILLION)
TABLE 67. FRANCE VEHICLE ELECTRIFICATION MARKET SIZE, BY PRODUCT, 2018-2030 (USD MILLION)
TABLE 68. FRANCE VEHICLE ELECTRIFICATION MARKET SIZE, BY HYBRIDIZATION, 2018-2030 (USD MILLION)
TABLE 69. GERMANY VEHICLE ELECTRIFICATION MARKET SIZE, BY PRODUCT, 2018-2030 (USD MILLION)
TABLE 70. GERMANY VEHICLE ELECTRIFICATION MARKET SIZE, BY HYBRIDIZATION, 2018-2030 (USD MILLION)
TABLE 71. ISRAEL VEHICLE ELECTRIFICATION MARKET SIZE, BY PRODUCT, 2018-2030 (USD MILLION)
TABLE 72. ISRAEL VEHICLE ELECTRIFICATION MARKET SIZE, BY HYBRIDIZATION, 2018-2030 (USD MILLION)
TABLE 73. ITALY VEHICLE ELECTRIFICATION MARKET SIZE, BY PRODUCT, 2018-2030 (USD MILLION)
TABLE 74. ITALY VEHICLE ELECTRIFICATION MARKET SIZE, BY HYBRIDIZATION, 2018-2030 (USD MILLION)
TABLE 75. NETHERLANDS VEHICLE ELECTRIFICATION MARKET SIZE, BY PRODUCT, 2018-2030 (USD MILLION)
TABLE 76. NETHERLANDS VEHICLE ELECTRIFICATION MARKET SIZE, BY HYBRIDIZATION, 2018-2030 (USD MILLION)
TABLE 77. NIGERIA VEHICLE ELECTRIFICATION MARKET SIZE, BY PRODUCT, 2018-2030 (USD MILLION)
TABLE 78. NIGERIA VEHICLE ELECTRIFICATION MARKET SIZE, BY HYBRIDIZATION, 2018-2030 (USD MILLION)
TABLE 79. NORWAY VEHICLE ELECTRIFICATION MARKET SIZE, BY PRODUCT, 2018-2030 (USD MILLION)
TABLE 80. NORWAY VEHICLE ELECTRIFICATION MARKET SIZE, BY HYBRIDIZATION, 2018-2030 (USD MILLION)
TABLE 81. POLAND VEHICLE ELECTRIFICATION MARKET SIZE, BY PRODUCT, 2018-2030 (USD MILLION)
TABLE 82. POLAND VEHICLE ELECTRIFICATION MARKET SIZE, BY HYBRIDIZATION, 2018-2030 (USD MILLION)
TABLE 83. QATAR VEHICLE ELECTRIFICATION MARKET SIZE, BY PRODUCT, 2018-2030 (USD MILLION)
TABLE 84. QATAR VEHICLE ELECTRIFICATION MARKET SIZE, BY HYBRIDIZATION, 2018-2030 (USD MILLION)
TABLE 85. RUSSIA VEHICLE ELECTRIFICATION MARKET SIZE, BY PRODUCT, 2018-2030 (USD MILLION)
TABLE 86. RUSSIA VEHICLE ELECTRIFICATION MARKET SIZE, BY HYBRIDIZATION, 2018-2030 (USD MILLION)
TABLE 87. SAUDI ARABIA VEHICLE ELECTRIFICATION MARKET SIZE, BY PRODUCT, 2018-2030 (USD MILLION)
TABLE 88. SAUDI ARABIA VEHICLE ELECTRIFICATION MARKET SIZE, BY HYBRIDIZATION, 2018-2030 (USD MILLION)
TABLE 89. SOUTH AFRICA VEHICLE ELECTRIFICATION MARKET SIZE, BY PRODUCT, 2018-2030 (USD MILLION)
TABLE 90. SOUTH AFRICA VEHICLE ELECTRIFICATION MARKET SIZE, BY HYBRIDIZATION, 2018-2030 (USD MILLION)
TABLE 91. SPAIN VEHICLE ELECTRIFICATION MARKET SIZE, BY PRODUCT, 2018-2030 (USD MILLION)
TABLE 92. SPAIN VEHICLE ELECTRIFICATION MARKET SIZE, BY HYBRIDIZATION, 2018-2030 (USD MILLION)
TABLE 93. SWEDEN VEHICLE ELECTRIFICATION MARKET SIZE, BY PRODUCT, 2018-2030 (USD MILLION)
TABLE 94. SWEDEN VEHICLE ELECTRIFICATION MARKET SIZE, BY HYBRIDIZATION, 2018-2030 (USD MILLION)
TABLE 95. SWITZERLAND VEHICLE ELECTRIFICATION MARKET SIZE, BY PRODUCT, 2018-2030 (USD MILLION)
TABLE 96. SWITZERLAND VEHICLE ELECTRIFICATION MARKET SIZE, BY HYBRIDIZATION, 2018-2030 (USD MILLION)
TABLE 97. TURKEY VEHICLE ELECTRIFICATION MARKET SIZE, BY PRODUCT, 2018-2030 (USD MILLION)
TABLE 98. TURKEY VEHICLE ELECTRIFICATION MARKET SIZE, BY HYBRIDIZATION, 2018-2030 (USD MILLION)
TABLE 99. UNITED ARAB EMIRATES VEHICLE ELECTRIFICATION MARKET SIZE, BY PRODUCT, 2018-2030 (USD MILLION)
TABLE 100. UNITED ARAB EMIRATES VEHICLE ELECTRIFICATION MARKET SIZE, BY HYBRIDIZATION, 2018-2030 (USD MILLION)
TABLE 101. UNITED KINGDOM VEHICLE ELECTRIFICATION MARKET SIZE, BY PRODUCT, 2018-2030 (USD MILLION)
TABLE 102. UNITED KINGDOM VEHICLE ELECTRIFICATION MARKET SIZE, BY HYBRIDIZATION, 2018-2030 (USD MILLION)
TABLE 103. VEHICLE ELECTRIFICATION MARKET, FPNV POSITIONING MATRIX, 2023
TABLE 104. VEHICLE ELECTRIFICATION MARKET SHARE, BY KEY PLAYER, 2023
TABLE 105. VEHICLE ELECTRIFICATION MARKET LICENSE & PRICING