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Report vehicle electrification market - PowerPoint PPT Presentation

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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Increasing Demand for ICE, Micro-Hybrid & Battery Electric Vehicles Will boost the Vehicle electrification Market.

The vehicle electrification market is projected to grow at a CAGR of 8.17% during the forecast period, to reach a market size of USD 92.59 Billion by 2022. Owing to various benefits of electrification such as decreased vehicle weight, reduced emissions, increased fuel efficiency, and driving comfort, vehicle electrification is expected to become a preferred option for OEMs in the near future.

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Report vehicle electrification market - PowerPoint PPT Presentation

Vehicle Electrification Market by Product Type& Region

Increasing Demand for ICE, Micro-Hybrid & Battery Electric Vehicles Will boost the Vehicle electrification Market.