The Business Research Company’s Vehicle Electrification Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Vehicle Electrification Global Market Report 2023 evaluates vehicle electrification market size, growth rate, drivers, trends, and major companies.
The report
provides a global perspective by covering 60 geographies and focusing on major
economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North
America, South America, Middle East, Africa.
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And Tables):
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The global vehicle electrification market size grew from $75.87 billion
in 2022 to $85.39 billion in 2023 at a compound annual growth rate (CAGR) of
12.6%. The Russia-Ukraine war disrupted the chances of global economic recovery
from the COVID-19 pandemic, at least in the short term. The war between these
two countries has led to economic sanctions on multiple countries, a surge in
commodity prices, and supply chain disruptions, causing inflation across goods
and services and affecting many markets across the globe. The vehicle
electrification market size is expected to grow to $139.26 billion in 2027 at a
CAGR of 13.0%.
The vehicle
electrification market segments in the report are:
1) By Product Type: Starter Motor, Alternator, Electric Car Motors,
Electric Water Pumps, Electric Oil Pump, Electric Vacuum Pump, Electric Fuel
Pump, Electric Power Steering, Actuators, Start/Stop System
2) By Vehicle Type: Internal Combustion Engine Vehicle, Micro And Full
Hybrid Vehicle, Plug-in Hybrid Electric Vehicle (PHEV) And Battery Electric
Vehicle (BEV)
3) By Sales Channel: Original Equipment Manufacturers (OEM), Aftermarket
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Market Report:
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The table of contents in TBRC’s vehicle electrification market report
includes:
1. Executive Summary
2. Vehicle Electrification Market Characteristics
3. Vehicle Electrification Market Trends And Strategies
4. Vehicle Electrification Market – Macro Economic Scenario
5. Vehicle Electrification Market Size And Growth
.
27. Vehicle
Electrification Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Vehicle Electrification Market
29. Vehicle Electrification Market Future Outlook and Potential Analysis
30. Appendix
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