Report Overview
To achieve the emission targets, OEMs are implementing more electronic units, lightweight designs, and electrification of powertrains in their vehicle models. Moreover, the demand for increased safety and comforts such as heated seats, power steering, and advanced driver assistance systems among consumers have propelled the adoption of electronic units, which will subsequently put a high load on the vehicle\'s battery system. Such requirements have prompted the OEMS to develop a dual voltage architecture, which includes 48V supply and can be used to satisfy the power demand for components in the vehicle. Since the safety voltage level for vehicles is 60V, it has further contributed to the growing preference for the 48V system so that the system does not exceed the safety voltage level.
Geographically, Technavio expects Europe to lead This research report gives detailed data about the major factors influencing the growth of the Automotive 48V System market at the national and local level forecast of the market size, in terms of value, market share by region, and segment; regional market positions; segment and country opportunities for growth; Key company profiles, SWOT, product portfolio and growth strategies. It studies the market\'s essential sides such as top participants, expansion strategies, business models, and other market features to improve market insight.
The report forecast global Automotive 48V System market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2021-2027.
COVID-19 Impact
Report covers Impact of Coronavirus COVID-19: Since the COVID-19 virus outbreak in December 2019, the disease has spread to almost every country around the globe with the World Health Organization declaring it a public health emergency. The global impacts of the coronavirus disease 2019 (COVID-19) are already starting to be felt, and will significantly affect the Automotive 48V System market in 2020. The outbreak of COVID-19 has brought effects on many aspects, like flight cancellations; travel bans and quarantines; restaurants closed; all indoor/outdoor events restricted; over forty countries state of emergency declared; massive slowing of the supply chain; stock market volatility; falling business confidence, growing panic among the population, and uncertainty about future.
First, this report covers the present status and the future prospects of the global Automotive 48V System market for 2015-2027.
Market Segmentation
The Automotive 48V System market is segmented on the basis of type, application, end-use industry, and region & country.
Key Companies
Bosch
Continental
Delphi Automotive
Valeo
Abbott Vascular
Abiomed
AtriCure
Biosensors International
Biotronik
BioVentrix
C. R. Bard
At the same time, we classify Automotive 48V System according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.
Market by Order Type
Mild-hybrid Vehicles
Low-power BEVs
Market by Application
Entry-level vehicles
Mid-premium vehicles
Luxury vehicles
Market Segment as follows:
By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Automotive 48V System market for the forecast period 2021 - 2027?
• What are the driving forces in the Automotive 48V System market for the forecast period 2021 - 2027?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Automotive 48V System industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?
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