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Vehicle Electrification Market by Product Type& Region

Vehicle Electrification Market categorizes the global market by Product Type (Start-Stop, Liquid Heater PTC, EPS, Electric Air-conditioner, Compressor, Electric Pump-Vacuum, Oil & Water), Degree of Hybridization (ICE, Micro-Hybrid, HEV, PHEV, BEV) & Region.

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Vehicle Electrification Market by Product Type& Region

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  1. MarketsandMarkets Presents Vehicle Electrification Market projected Grow at a CAGR of 13.0% and Reach $30.74 billion by 2019

  2. The report “Vehicle Electrification Market by Product Type (Start-Stop, Liquid Heater PTC, EPS, Electric Air-conditioner, Compressor, Electric Pump-Vacuum, Oil & Water), Degree of Hybridization (ICE, Micro-Hybrid, HEV, PHEV, BEV) & Region - Trends & Forecast to 2019”, defines and segments the automotive coolant and lubricant markets with analysis and forecast of the global volume and value. • Browse • 84 market data tables • 75 figures • 157 pages and in-depth TOC on “Vehicle Electrification Market”. • You can speak to our analyst@ http://www.marketsandmarkets.com/speaktoanalyst.asp?id=224946587

  3. Source: MarketsandMarkets Analysis Vehicle Electrification Market Size, by Region, 2014 ($ Thousand) P - Projected Source: MarketsandMarkets Analysis

  4. Global vehicle electrification market is estimated to be valued at $16.69 billion in 2014 and is projected to reach $30.74 billion growing at a healthy CAGR of 13.0%. The growth in this market is primarily propelled by increasing prices of conventional fuels, sales growth of electric vehicles (EVs), stringent emission norms and greater demand for engine downsizing and better fuel economy.  In addition, tax exemption and subsidy provided by government of various countries will also create better opportunities for the vehicle electrification market. The global vehicle electrification market is dominated by few major players with many other small/medium players. Few of the key players are Robert Bosch GmbH. (Germany), Continental AG (Germany), ZF Friedrichshafen AG (Germany), Denso Corporation (Japan), JTEKT Corporation (Japan), Nexteer Automotive (U.S.), TRW Automotive Holding s Corp. (U.S.) and Mitsubishi Electric Corporation (Japan). The major strategy adopted by these key market players is geographic expansion and new product development.

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  6. About MarketsandMarkets MarketsandMarkets is a global market research and consulting company based in the U.S. We publish strategically analyzed market research reports and serve as a business intelligence partner to Fortune 500 companies across the world. MarketsandMarkets also provides multi-client reports, company profiles, databases, and custom research services. They cover thirteen industry verticals, including advanced materials, automotives and transportation, banking and financial services, biotechnology, chemicals, consumer goods, energy and power, food and beverages, industrial automation, medical devices, pharmaceuticals, semiconductor and electronics, and telecommunications and IT. We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

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