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Vehicle Electrification Market

Global vehicle electrification market was valued at US$ 57.50 billion in 2016, is projected to exhibit a CAGR of 8.82% over the forecast period (2017u20132025),<br>

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Vehicle Electrification Market

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  1. Vehicle Electrification Market - Trends, and Forecast to 2025 Vehicle Electrifcctiio Mcrket study privides key iosights cbiut mcrket drivers, restrciots, ippirtuoities, oew priduct lcuoches ir cpprivcl, regiiocl iutliik, cod cimpetitive strctegies cdipted by the lecdiog plcyers. Conventional internal combustion engines featuring mechanical linkages were characterized by signifcant loss of efciency, owing to its friction and high energy requirement. Electric components that prominently include the electric power steering, positive temperature coefcient liquid heater, air compressor, vacuum, pumps, starter generators and actuators among others, enhance the automotive fuel efciency, add to the users comfort, and also reduce the environmental impacts of the carbon emissions from these automotive. Advent of electric vehicles with better battery backup and optimum driving speeds has in turn fueled the demand for the vehicle electrifcation market for environment friendly automotive industry over the near future. Briwse Cimplete Repirt Fir Mire Iofirmctiio @ https://www.cihereotmcrketiosights.cim/mcrket-iosight/vehicle-electrifcctiio- mcrket-1144 Mcrket Dyocmics Requirement to improve automotive fuel economy, reduce carbon footprint, need to enhance driver awareness regarding the safety in conjunction with the added comfort and compliance with the regional regulations is expected to be among the prominent factors driving the industry growth. Moreover, feature enhancements that include less space requirements, highly sensitive outputs, and robust performance with relatively better durability also adds to the consumer

  2. motivation for the adoption of these systems. For instance, hydraulic power steering systems are more complicated, weigh more, require regular maintenance of hydraulic fuids, and are more prone to faults in relation to electrical power steering (EPS) system. EPS system also ofer better sensitive response at distinct speeds and consume less power, adding to the mileage of the automotive. However, high cost of the electronic and electric components are expected to be the major factors hampering the global vehicle electrifcation market growth. Advcocemeot io these electrioic cimpioeots eohcoces the scfety cod cwcreoess if the driver, is expected ti be chief fcctir mitivctiog the ciosumer fir iocrecsed cdiptiio Actuators control a mechanism or system, which operates on receiving an input signal in the form of current, voltage, hydraulic pressure, pneumatic pressure or human input. These are extensively used for functionalities that include climate control, transmission, engine cooling, and headlights for enhancing the user comfort. Utilization of other electronic technologies that include brakes, vacuum, axles, and boosters, among others substantially enhance the user convenience and automotive efciency. This in turn has led to increased consumer inclination towards adoption of these features propelling the growth of the global vehicle electrifcation market. Global Key Players: Key players in the vehicle electrifcation market include Aisin Seiki Co. Ltd., Borgwarner Inc., Continental AG, Delphi Automotive PLC, Denso Corporation, Hitachi Automotive Systems Ltd., Johnson Controls Inc., Johnson Electric, Jtekt Corporation, Magna International Inc., Mitsubishi Electric Corporation, Robert Bosch GmbH, Valeo SA, Wabco Holdings Inc., and ZF Friedrichshafen AG. Detciled Segmeotctiio: •Global Vehicle Electrifcation Market, By Product Type: •Start/Stop System •Electric Power Steering (EPS) •Liquid Heater PTC •Electric Air Conditioner Compressor •Electric Vacuum Pump •Electric Oil Pump •Electric Water Pump •Starter Motor & Alternator •Integrated Starter Generator (ISG) •Actuators

  3. •Global Vehicle Electrifcation Market, By Degree of Hybridization: •Battery Electric Vehicle (BEV) •Plug-In Hybrid Electric Vehicle (PHEV) •Hybrid Electric Vehicle (HEV) •Micro-Hybrid Vehicle & Internal Combustion Engine (ICE) Ioquire Here Befire Purchcse if Resecrch Repirt @ https://www.cihereotmcrketiosights.cim/iosight/tclk-ti-coclyst/1144 About Coherent Market Insights: Coherent Market Insights is a prominent market research and consulting frm ofering action- ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity. Contact Us: Mr. Shah Coherent Market Insights 1001 4th Ave, #3200 Seattle, WA 98154 Tel: +1-206-701-6702 Email: sales@coherentmarketinsights.com

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