List of Figures

FIGURE 1 GLOBAL VEHICLE ELECTRIFICATION MARKET SEGMENTATION 20
FIGURE 2 VEHICLE ELECTRIFICATION MARKET: RESEARCH DESIGN 23
FIGURE 3 RESEARCH DESIGN MODEL 24
FIGURE 4 BREAKDOWN OF PRIMARY INTERVIEWS 27
FIGURE 5 DATA TRIANGULATION 30
FIGURE 6 VEHICLE ELECTRIFICATION MARKET: MARKET OUTLOOK 32
FIGURE 7 VEHICLE ELECTRIFICATION MARKET, BY REGION 2019 VS. 2024 VS. 2027 (USD BILLION) 33
FIGURE 8 STRINGENT EMISSION NORMS & FUEL ECONOMY STANDARDS TO DRIVE THE VEHICLE ELECTRIFICATION MARKET IN THE NEXT 5 YEARS 35
FIGURE 9 ASIA OCEANIA TO HOLD THE LARGEST SHARE IN THE VEHICLE ELECTRIFICATION MARKET, 2019 (VALUE) 36
FIGURE 10 US VEHICLE ELECTRIFICATION MARKET TO GROW AT THE HIGHEST RATE DURING THE FORECAST PERIOD, 2019–2027 (VALUE) 37
FIGURE 11 ELECTRIC POWER STEERING (EPS) TO HAVE THE LARGEST MARKET SIZE DURING THE FORECAST PERIOD (VALUE) 37
FIGURE 12 PASSENGER CAR SEGMENT TO HOLD THE LARGEST MARKET SHARE, 2019 (VALUE) 38
FIGURE 13 ICE & MICRO-HYBRID VEHICLES ARE EXPECTED TO HAVE THE LARGEST MARKET FOR VEHICLE ELECTRIFICATION, 2019 VS. 2027 (VALUE) 38
FIGURE 14 VEHICLE ELECTRIFICATION MARKET: MARKET DYNAMICS 40
FIGURE 15 VEHICLE ELECTRIFICATION WITH POTENTIAL FUEL SAVINGS 46
FIGURE 16 PORTER’S FIVE FORCES ANALYSIS 47
FIGURE 17 CAPITAL-INTENSIVE NATURE AND HIGH R&D EXPENDITURE OF ELECTRIC VEHICLE INDUSTRY TO HAVE THE HIGHEST IMPACT ON NEW MARKET ENTRANTS 48
FIGURE 18 UNAVAILABILITY OF SUFFICIENT INFRASTRUCTURE AND PRODUCT RANGE LOWERS THE THREAT OF SUBSTITUTES 49
FIGURE 19 HIGH SWITCHING COST AND BACKWARD INTEGRATION IMPACTS THE BARGAINING POWER OF SUPPLIERS 50
FIGURE 20 LIMITED NUMBER OF SUBSTITUTES AND LOWER VOLUME OF PURCHASES LEAD TO A DECREASE IN BUYER BARGAINING POWER 51
FIGURE 21 HIGH INDUSTRY GROWTH RATE AND EXIT BARRIERS DRIVE THE INTENSITY OF COMPETITIVE RIVALRY 52
FIGURE 22 48V MILD HYBRID MARKET, BY REGION 54
FIGURE 23 LOAD DISTRIBUTION OF 12V/48V ARCHITECTURE 56
FIGURE 24 CABLE THICKNESS VS MAXIMUM POWER 57
FIGURE 25 PRIMARY INSIGHT 61
FIGURE 26 VEHICLE ELECTRIFICATION MARKET OUTLOOK, BY PRODUCT TYPE, BY VALUE, 2019 VS 2027 63
FIGURE 27 PRIMARY INSIGHT 80
FIGURE 28 VEHICLE ELECTRIFICATION MARKET, BY VEHICLE TYPE 2019 VS. 2027 (USD MILLION) 81
FIGURE 29 VEHICLE ELECTRIFICATION MARKET, BY DEGREE OF HYBRIDIZATION 2017 VS. 2027 87
FIGURE 30 PRIMARY INSIGHT 88
FIGURE 31 HYBRID TECHNOLOGY 90
FIGURE 32 RESEARCH METHODOLOGY 97
FIGURE 33 PRIMARY INSIGHT 98
FIGURE 34 REGION-WISE SNAPSHOT OF THE VEHICLE ELECTRIFICATION MARKET (VALUE): ASIA OCEANIA ACCOUNTS FOR THE LARGEST MARKET SHARE, 2019 VS. 2027 99
FIGURE 35 ASIA OCEANIA: VEHICLE ELECTRIFICATION MARKET SNAPSHOT 101
FIGURE 36 ASIA OCEANIA: VEHICLE ELECTRIFICATION MARKET, 2019 VS. 2027 (USD MILLION) 102
FIGURE 37 EUROPE: VEHICLE ELECTRIFICATIN MARKET SNAPSHOT 111
FIGURE 38 EUROPE: VEHICLE ELECTRIFICATION MARKET, 2019 VS. 2027 (USD MILLION) 112
FIGURE 39 NORTH AMERICA: VEHICLE ELECTRIFICATION MARKET 2019 VS. 2027 (USD MILLION) 122
FIGURE 40 ROW: VEHICLE ELECTRIFICATION MARKET, 2019 VS. 2027 (USD MILLION) 128
FIGURE 41 VEHICLE ELECTRIFICATION MARKET: VENDOR DIVE ANALYSIS 135
FIGURE 42 VEHICLE ELECTRIFICATION MARKET RANKING, 2017 138
FIGURE 43 COMPANIES ADOPTED EXPANSIONS AS THE KEY GROWTH STRATEGY, 2014–2019 140
FIGURE 44 BOSCH: COMPANY SNAPSHOT 146
FIGURE 45 BOSCH: SWOT ANALYSIS 149
FIGURE 46 CONTINENTAL: COMPANY SNAPSHOT 150
FIGURE 47 CONTINENTAL: SWOT ANALYSIS 152
FIGURE 48 DENSO: COMPANY SNAPSHOT 153
FIGURE 49 DENSO: SWOT ANALYSIS 155
FIGURE 50 DELPHI: COMPANY SNAPSHOT 156
FIGURE 51 MITSUBISHI: COMPANY SNAPSHOT 158
FIGURE 52 MITSUBISHI: SWOT ANALYSIS 160
FIGURE 53 BORGWARNER: COMPANY SNAPSHOT 161
FIGURE 54 BORGWARNER: SWOT ANALYSIS 163
FIGURE 55 JOHNSON ELECTRIC: COMPANY SNAPSHOT 164
FIGURE 56 MAGNA: COMPANY SNAPSHOT 166
FIGURE 57 AISIN SEIKI: COMPANY SNAPSHOT 168
FIGURE 58 JOHNSON CONTROL: COMPANY SNAPSHOT 170

 

List of Tables

TABLE 1 CURRENCY EXCHANGE RATES (PER USD) 21
TABLE 2 TOP HEV & PHEV MODELS WITH ADVANCED TECHNOLOGIES AND SALES 41
TABLE 3 BATTERY TYPE VS. POWER-TO-WEIGHT RATIO 42
TABLE 4 POWER OUTPUT-TO-VEHICLE WEIGHT 42
TABLE 5 COMPANY VS PRODUCT, 2018-2019 45
TABLE 6 48V MILD HYBRID MARKET, BY REGION, 2015–2025 (000’ UNITS) 54
TABLE 7 48V MILD HYBRID MARKET, BY REGION, 2017–2027 (USD MILLION) 55
TABLE 8 48V MILD HYBRID MARKET, BY PRODUCT, 2017–2027 (USD MILLION) 55
TABLE 9 ISO 6722 NORMS FOR ALUMINUM WIRING 57
TABLE 10 ENERGY EFFICIENT TECHNOLOGIES & FUEL EFFICIENCY ADVANTAGES 60
TABLE 11 VEHICLE TYPE VS PRODUCT, 2018-2019 62
TABLE 12 VEHICLE ELECTRIFICATION MARKET, BY PRODUCT TYPE 2017–2027 (MILLION UNITS) 64
TABLE 13 VEHICLE ELECTRIFICATION MARKET, BY PRODUCT TYPE 2017–2027 (USD MILLION) 64
TABLE 14 START-STOP SYSTEM: VEHICLE ELECTRIFICATION MARKET, BY REGION 2017–2027 (MILLION UNITS) 65
TABLE 15 START-STOP SYSTEM: VEHICLE ELECTRIFICATION MARKET, BY REGION 2017–2027 (USD MILLION) 66
TABLE 16 ELECTRIC POWER STEERING (EPS): VEHICLE ELECTRIFICATION MARKET BY REGION, 2017–2027 (MILLION UNITS) 67
TABLE 17 ELECTRIC POWER STEERING (EPS): VEHICLE ELECTRIFICATION MARKET BY REGION, 2017–2027 (USD MILLION) 67
TABLE 18 LIQUID HEATER PTC: VEHICLE ELECTRIFICATION MARKET, BY REGION 2017–2027 (MILLION UNITS) 68
TABLE 19 LIQUID HEATER PTC: VEHICLE ELECTRIFICATION MARKET, BY REGION 2017–2027 (USD MILLION) 68
TABLE 20 ELECTRIC AIR CONDITIONER COMPRESSOR: VEHICLE ELECTRIFICATION MARKET, BY REGION, 2017–2027 (MILLION UNITS) 69
TABLE 21 ELECTRIC AIR CONDITIONER COMPRESSOR: VEHICLE ELECTRIFICATION MARKET, BY REGION, 2017–2027 (USD MILLION) 69
TABLE 22 ELECTRIC VACUUM PUMP: VEHICLE ELECTRIFICATION MARKET, BY REGION, 2017–2027 (MILLION UNITS) 70
TABLE 23 ELECTRIC VACUUM PUMP: VEHICLE ELECTRIFICATION MARKET, BY REGION, 2017–2027 (USD MILLION) 70
TABLE 24 ELECTRIC OIL PUMP: VEHICLE ELECTRIFICATION MARKET, BY REGION 2017–2027 (MILLION UNITS) 71
TABLE 25 ELECTRIC OIL PUMP: VEHICLE ELECTRIFICATION MARKET, BY REGION 2017–2027 (USD MILLION) 71
TABLE 26 ELECTRIC WATER PUMP: VEHICLE ELECTRIFICATION MARKET, BY REGION 2017–2027 (MILLION UNITS) 72
TABLE 27 ELECTRIC WATER PUMP: VEHICLE ELECTRIFICATION MARKET, BY REGION 2017–2027 (USD MILLION) 73
TABLE 28 STARTER MOTOR: VEHICLE ELECTRIFICATION MARKET, BY REGION 2017–2027 (MILLION UNITS) 73
TABLE 29 STARTER MOTOR: VEHICLE ELECTRIFICATION MARKET, BY REGION 2017–2027 (USD MILLION) 74
TABLE 30 ALTERNATOR MARKET: VEHICLE ELECTRIFICATION MARKET, BY REGION 2017–2027 (MILLION UNITS) 74
TABLE 31 ALTERNATOR MARKET: VEHICLE ELECTRIFICATION MARKET, BY REGION 2017–2027 (USD MILLION) 74
TABLE 32 INTEGRATED STARTER GENERATOR (ISG): VEHICLE ELECTRIFICATION MARKET BY REGION, 2017–2027 (MILLION UNITS) 75
TABLE 33 INTEGRATED STARTER GENERATOR (ISG): VEHICLE ELECTRIFICATION MARKET BY REGION, 2017–2027 (USD MILLION) 76
TABLE 34 ACTUATOR MARKET: VEHICLE ELECTRIFICATION MARKET, BY REGION 2017–2027 (MILLION UNITS) 76
TABLE 35 ACTUATOR MARKET: VEHICLE ELECTRIFICATION MARKET, BY REGION 2017–2027 (USD MILLION) 77
TABLE 36 VEHICLE ELECTRIFICATION MARKET, BY VEHICLE TYPE 2017–2027 (MILLION UNITS) 81
TABLE 37 VEHICLE ELECTRIFICATION MARKET, BY VEHICLE TYPE 2017–2027 (USD MILLION) 82
TABLE 38 PASSENGER CAR: VEHICLE ELECTRIFICATION MARKET, BY REGION 2017–2027 (MILLION UNITS) 83
TABLE 39 PASSENGER CAR: VEHICLE ELECTRIFICATION MARKET, BY REGION 2017–2027 (USD MILLION) 83
TABLE 40 PASSENGER CAR: VEHICLE ELECTRIFICATION MARKET BY DEGREE OF HYBRIDIZATION, 2017–2027 (MILLION UNITS) 84
TABLE 41 PASSENGER CAR: VEHICLE ELECTRIFICATION MARKET BY DEGREE OF HYBRIDIZATION, 2017–2027 (USD BILLION) 84
TABLE 42 LCV: VEHICLE ELECTRIFICATION MARKET, BY REGION 2017–2027 (MILLION UNITS) 85
TABLE 43 LCV: VEHICLE ELECTRIFICATION MARKET, BY REGION, 2017–2027 (USD BILLION) 85
TABLE 44 VEHICLE TYPE VS PRODUCT, 2018-2019 89
TABLE 45 VEHICLE ELECTRIFICATION MARKET, BY DEGREE OF HYBRIDIZATION 2017–2027 (MILLION UNITS) 90
TABLE 46 VEHICLE ELECTRIFICATION MARKET, BY DEGREE OF HYBRIDIZATION 2017–2027 (USD MILLION) 90
TABLE 47 ICE & MICRO HYBRID: VEHICLE ELECTRIFICATION MARKET, BY REGION 2017–2027 (MILLION UNITS) 91
TABLE 48 ICE & MICRO HYBRID: VEHICLE ELECTRIFICATION MARKET, BY REGION 2017–2027 (USD MILLION) 91
TABLE 49 HYBRID ELECTRIC VEHICLE: VEHICLE ELECTRIFICATION MARKET, BY REGION, 2017–2027 MILLION UNITS) 92
TABLE 50 HYBRID ELECTRIC VEHICLE: VEHICLE ELECTRIFICATION MARKET, BY REGION, 2017–2027 (USD MILLION) 92
TABLE 51 PLUG-IN HYBRID VEHICLE: VEHICLE ELECTRIFICATION MARKET, BY REGION, 2017–2027 (MILLION UNITS) 93
TABLE 52 PLUG-IN HYBRID VEHICLE: VEHICLE ELECTRIFICATION MARKET, BY REGION, 2017–2027 (USD MILLION) 93
TABLE 53 BATTERY ELECTRIC VEHICLE: VEHICLE ELECTRIFICATION MARKET, BY REGION, 2017–2027 (MILLION UNITS) 94
TABLE 54 BATTERY ELECTRIC VEHICLE: VEHICLE ELECTRIFICATION MARKET, BY REGION, 2017–2027 (USD MILLION) 94
TABLE 55 48 V VEHICLE: VEHICLE ELECTRIFICATION MARKET, BY REGION 2017–2027 (MILLION UNITS) 95
TABLE 56 48 V VEHICLE: VEHICLE ELECTRIFICATION MARKET, BY REGION 2017–2027 (USD MILLION) 95
TABLE 57 VEHICLE ELECTRIFICATION MARKET, BY REGION, 2017–2027 (MILLION UNITS) 99
TABLE 58 VEHICLE ELECTRIFICATION MARKET, BY REGION, 2017–2027 (USD MILLION) 99
TABLE 59 ASIA OCEANIA: VEHICLE ELECTRIFICATION MARKET, BY COUNTRY 2017–2027 (MILLION UNITS) 102
TABLE 60 ASIA OCEANIA VEHICLE ELECTRIFICATION MARKET, BY COUNTRY 2017–2027 (USD MILLION) 103
TABLE 61 CHINA: VEHICLE ELECTRIFICATION MARKET, BY PRODUCT 2017–2027 (MILLION UNITS) 103
TABLE 62 CHINA: VEHICLE ELECTRIFICATION MARKET, BY PRODUCT 2017–2027 (USD MILLION) 104
TABLE 63 JAPAN: VEHICLE ELECTRIFICATION MARKET, BY PRODUCT 2017–2027 (MILLION UNITS) 105
TABLE 64 JAPAN: VEHICLE ELECTRIFICATION MARKET, BY PRODUCT 2017–2027 (USD MILLION) 105
TABLE 65 SOUTH KOREA: VEHICLE ELECTRIFICATION MARKET, BY PRODUCT 2017–2027 (MILLION UNITS) 106
TABLE 66 SOUTH KOREA: VEHICLE ELECTRIFICATION MARKET, BY PRODUCT 2017–2027 (USD MILLION) 107
TABLE 67 INDIA: VEHICLE ELECTRIFICATION MARKET, BY PRODUCT 2017–2027 (MILLION UNITS) 108
TABLE 68 INDIA: VEHICLE ELECTRIFICATION MARKET, BY PRODUCT 2017–2027 (USD MILLION) 108
TABLE 69 REST OF ASIA OCEANIA: VEHICLE ELECTRIFICATION MARKET, BY PRODUCT 2017–2027 (MILLION UNITS) 109
TABLE 70 REST OF ASIA OCEANIA: VEHICLE ELECTRIFICATION MARKET, BY PRODUCT 2017–2027 (USD MILLION) 110
TABLE 71 EUROPE: VEHICLE ELECTRIFICATION MARKET, BY COUNTRY 2017–2027 (MILLION UNITS) 112
TABLE 72 EUROPE: VEHICLE ELECTRIFICATION MARKET, BY COUNTRY 2017–2027 (USD MILLION) 112
TABLE 73 GERMANY: VEHICLE ELECTRIFICATION MARKET, BY PRODUCT 2017–2027 (MILLION UNITS) 113
TABLE 74 GERMANY: VEHICLE ELECTRIFICATION MARKET, BY PRODUCT 2017–2027 (USD MILLION) 114
TABLE 75 FRANCE: VEHICLE ELECTRIFICATION MARKET, BY PRODUCT 2017–2027 (MILLION UNITS) 115
TABLE 76 FRANCE: VEHICLE ELECTRIFICATION MARKET, BY PRODUCT 2017–2027 (USD MILLION) 116
TABLE 77 UK: VEHICLE ELECTRIFICATION MARKET, BY PRODUCT 2017–2027 (MILLION UNITS) 117
TABLE 78 UK: VEHICLE ELECTRIFICATION MARKET, BY PRODUCT 2017–2027 (USD MILLION) 118
TABLE 79 SPAIN: VEHICLE ELECTRIFICATION MARKET, BY PRODUCT 2017–2027 (MILLION UNITS) 119
TABLE 80 SPAIN: VEHICLE ELECTRIFICATION MARKET, BY PRODUCT 2017–2027 (USD MILLION) 119
TABLE 81 REST OF EUROPE: VEHICLE ELECTRIFICATION MARKET, BY PRODUCT 2017–2027 (MILLION UNITS) 120
TABLE 82 REST OF EUROPE: VEHICLE ELECTRIFICATION MARKET, BY PRODUCT 2017–2027 (USD MILLION) 121
TABLE 83 NORTH AMERICA: VEHICLE ELECTRIFICATION MARKET, BY COUNTRY 2017–2027 (MILLION UNITS) 122
TABLE 84 NORTH AMERICA: VEHICLE ELECTRIFICATION MARKET, BY COUNTRY 2017–2027 (USD MILLION) 123
TABLE 85 US: VEHICLE ELECTRIFICATION MARKET, BY PRODUCT 2017–2027 (MILLION UNITS) 123
TABLE 86 US: VEHICLE ELECTRIFICATION MARKET, BY PRODUCT, 2017–2027 (USD MILLION) 124
TABLE 87 CANADA: VEHICLE ELECTRIFICATION MARKET, BY PRODUCT 2017–2027 (MILLION UNITS) 125
TABLE 88 CANADA: VEHICLE ELECTRIFICATION MARKET, BY PRODUCT 2017–2027 (USD MILLION) 125
TABLE 89 MEXICO: VEHICLE ELECTRIFICATION MARKET, BY PRODUCT 2017–2027 (MILLION UNITS) 126
TABLE 90 MEXICO: VEHICLE ELECTRIFICATION MARKET, BY PRODUCT 2017–2027 (USD MILLION) 127
TABLE 91 ROW: VEHICLE ELECTRIFICATION MARKET, BY COUNTRY 2017–2027 (MILLION UNITS) 128
TABLE 92 ROW: VEHICLE ELECTRIFICATION MARKET, BY COUNTRY 2017–2027 (USD MILLION) 129
TABLE 93 BRAZIL: VEHICLE ELECTRIFICATION MARKET, BY PRODUCT 2017–2027 (MILLION UNITS) 129
TABLE 94 BRAZIL: VEHICLE ELECTRIFICATION MARKET, BY PRODUCT 2017–2027 (USD MILLION) 130
TABLE 95 RUSSIA: VEHICLE ELECTRIFICATION MARKET, BY PRODUCT 2017–2027 (MILLION UNITS) 131
TABLE 96 RUSSIA: VEHICLE ELECTRIFICATION MARKET, BY PRODUCT 2017–2027 (USD MILLION) 131
TABLE 97 REST OF ROW: VEHICLE ELECTRIFICATION MARKET, BY PRODUCT 2017–2027 (MILLION UNITS) 132
TABLE 98 REST OF ROW: VEHICLE ELECTRIFICATION MARKET, BY PRODUCT 2017–2027 (USD MILLION) 133
TABLE 99 EXPANSIONS, 2015–2017 141
TABLE 100 SUPPLY CONTRACT, 2015–2017 142
TABLE 101 NEW PRODUCT LAUNCHES/DEVELOPMENTS, 2016–2017 143
TABLE 102 PARTNERSHIP/JOINT VENTURES, 2016–2017 144
TABLE 103 MERGERS/ACQUISITION, 2015–2017 145