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Vehicle Electrification Market

Market Insights on Vehicle Electrification covering sales outlook, demand forecast & up-to-date key trends

Vehicle Electrification Market By Product Type, Degree of Hybridization & Region - Forecast 2022 - 2032

Vehicle Electrification Market Overview (2022-2032)

[250 Pages Report] The global vehicle electrification market is expected to be worth US$ 72 Billion in 2021, with a CAGR of 10.3% over the forecast period. The vehicle electrification market is expected to grow significantly in the coming years as a result of automotive and automobile manufacturers' preference for electrified vehicles and the increasing emphasis placed on environmentally friendly alternatives in automobiles.

Vehicle electrification is being implemented by a number of key players in the automobile industry, including Toyota. Toyota is innovating in the vehicle electrification market, leveraging the benefits of vehicle electrification to support their sustainability initiatives, with the goal of increasing sales of electrified vehicles in the coming decade.

The initiatives taken by automotive players such as Renault Group and Bosch to implement vehicle electrification, transform public transportation with vehicle electrification, and aim to add electrified vehicles to their product portfolio in the future are expected to open new doors for automobile manufacturers.

Vehicle electrification, in line with sustainable transportation facilities, allows both vehicle manufacturers and end-users to benefit from it and transform how transportation is viewed, contributing to the growth of the vehicle electrification market.

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Which are Some Prominent Drivers Spearheading Vehicle Electrification Market Growth?

Increasing conventional fuel prices, as well as an increase in electric vehicle sales, will accelerate the growth of vehicle electrification. Growing consumer demand for fuel-efficient vehicles, stringent emission standards, and increased environmental awareness are all expected to fuel the growth of the vehicle electrification market. Governments in various countries, including the United States, are actively encouraging vehicle electrification by providing tax breaks and subsidies.

The increasing use of technological advancements in electric vehicles, such as e-axles, is the primary factor driving the growth of the vehicle electrification market. Aside from that, the rising demand for lightweight vehicle production to improve fuel efficiency is casting a positive light on market growth. Furthermore, the market is expected to be driven by rising demand for hybrid vehicles.

What are the Challenges Faced by the Vehicle Electrification Industry?

Electric vehicles represent the incorporation of advanced technologies as well as electric power components into vehicles. There are several risks associated with these technologies, such as thermal runaway of the battery bank and fire, which must be carefully evaluated. High battery costs, overheating, the total energy storage capacity of the battery and the development of batteries for vehicles are the current challenges impeding the popularity of electric vehicles.

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Why is Asia-Pacific Emerging as an Opportunistic Vehicle Electrification Market?

The Asia Pacific region has the largest market share. The government's numerous efforts in India, South Korea, and China to promote the use of electric vehicles and provide tax breaks for such purchases will boost the market growth in this region. Aside from that, technological and economic advancements in this region, as well as increased disposable income, are contributing to regional prosperity.

The largest vehicle electrification market is expected to be electric power steering (EPS). EPS reduces fuel consumption and improves vehicle maneuverability. The trend is accelerating in Asia. EPS is installed at a rate of nearly 91% in Asia. As a result, the EPS segment is expected to have the highest market share during the forecast period.

How is North America Contributing to the Growth of the Vehicle Electrification Market?

The vehicle electrification market is expected to grow at a double CAGR during the forecast period due to rapid technological advancement and the growing automobile industry.

North America is expected to be the fastest-growing vehicle electrification market. This region's growth is being driven by expanding charging infrastructure and significant investments by OEMs in the development of vehicle electrification. Federal tax credits and rebate incentives are hastening the growth of the vehicle electrification market, particularly in the United States.

The United States is poised to dominate the North American vehicle electrification market. With the presence of major OEMs and Tier I players, the country's adoption of electric components in ICE vehicles, BEVs, HEVs, and Plug-in Hybrid Electric Vehicles (PHEVs) is extremely high. As a result, during the forecast period, North America is expected to be the fastest-growing market.

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Market Competition

Major manufacturers in the vehicle electrification market include Bosch (Germany), Continental (Germany), Denso (Japan), BorgWarner (US), and Mitsubishi Electric (Japan). These companies have extensive product lines and strong global distribution networks. To maintain their market position, these companies employ strategies such as new product development, expansions, collaborations, and contracts and agreements.

  • ARBOC Specialty Vehicles, LLC (United States) and XL Fleet Corp. (United States) collaborated to electrify ARBOC Freedom low-floor buses.
  • Ford (United States) has acquired Electriphi (California), a company that provides charge management and fleet monitoring software.

Scope Of Report

Report Attribute

Details

Growth Rate

CAGR of 10.3% until 2032

Base Year for Estimation

2021

Historical Data

2015-2020

Forecast Period

2022-2032

Quantitative Units

Revenue in USD Million, Volume in Kilotons and CAGR from 2022-2032

Report Coverage

Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends and Pricing Analysis

Segments Covered

  • Product Type
  • Degree of Hybridization
  • Region

Regions Covered

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • APEJ
  • Japan
  • Middle East and Africa

Key Countries Profiled

  • U.S
  • Canada
  • Brazil
  • Argentina
  • Germany
  • U.K
  • France
  • Spain
  • Italy
  • Nordics
  • BENELUX
  • Australia & New Zealand
  • China
  • India
  • ASEAN
  • GCC
  • South Africa

Key Segments Covered in the Vehicle Electrification Market Report

Product Type:

  • Start/Stop System
  • Electric Power Steering (EPS)
  • Electric Air-Conditioner Compressor
  • Electric Vacuum Pump
  • Electric Oil Pump
  • Electric Water Pump
  • Liquid Heater PTC
  • Integrated Starter Generator (ISG)
  • Starter Motor
  • Alternator
  • Actuator

Degree of Hybridization:

  • Internal Combustion Engine (ICE) & Micro-Hybrid Vehicle
  • Hybrid Electric Vehicle (HEV)
  • Plug-In Hybrid Electric Vehicle (PHEV)
  • Battery Electric Vehicle (BEV)
  • 48 V

Region:

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • APEJ
  • Japan
  • Middle East & Africa

Frequently Asked Questions

FMI projects the global Vehicle Electrification market to expand at a 10.3% value CAGR by 2032

Asia Pacific is expected to be the most opportunistic Vehicle Electrification market.

Bosch (Germany), Continental (Germany), Denso (Japan), BorgWarner (US), and Mitsubishi Electric (Japan) are some prominent Vehicle Electrification manufacturers.

Table of Content

1. Executive Summary

    1.1. Global Market Outlook

    1.2. Demand-side Trends

    1.3. Supply-side Trends

    1.4. Technology Roadmap Analysis

    1.5. Analysis and Recommendations

2. Market Overview

    2.1. Market Coverage / Taxonomy

    2.2. Market Definition / Scope / Limitations

3. Market Background

    3.1. Market Dynamics

        3.1.1. Drivers

        3.1.2. Restraints

        3.1.3. Opportunity 

        3.1.4. Trends

    3.2. Scenario Forecast

        3.2.1. Demand in Optimistic Scenario

        3.2.2. Demand in Likely Scenario

        3.2.3. Demand in Conservative Scenario

    3.3. Opportunity Map Analysis

    3.4. Product Life Cycle Analysis

    3.5. Supply Chain Analysis

        3.5.1. Supply Side Participants and their Roles

            3.5.1.1. Producers

            3.5.1.2. Mid-Level Participants (Traders/ Agents/ Brokers)

            3.5.1.3. Wholesalers and Distributors

        3.5.2. Value Added and Value Created at Node in the Supply Chain

        3.5.3. List of Raw Material Suppliers

        3.5.4. List of Existing and Potential Buyer’s

    3.6. Investment Feasibility Matrix

    3.7. Value Chain Analysis

        3.7.1. Profit Margin Analysis

        3.7.2. Wholesalers and Distributors

        3.7.3. Retailers

    3.8. PESTLE and Porter’s Analysis

    3.9. Regulatory Landscape

        3.9.1. By Key Regions

        3.9.2. By Key Countries

    3.10. Regional Parent Market Outlook

    3.11. Production and Consumption Statistics

    3.12. Import and Export Statistics

4. Global Vehicle Electrification Market Analysis 2017-2021 and Forecast, 2022-2032

    4.1. Historical Market Size Value (US$ Mn) & Volume (Units) Analysis, 2017-2021

    4.2. Current and Future Market Size Value (US$ Mn) & Volume (Units) Projections, 2022-2032

        4.2.1. Y-o-Y Growth Trend Analysis

        4.2.2. Absolute $ Opportunity Analysis

5. Global Vehicle Electrification Market Analysis 2017-2021 and Forecast 2022-2032, By Vehicle Type

    5.1. Introduction / Key Findings

    5.2. Historical Market Size Value (US$ Mn) & Volume (Units) Analysis By Vehicle Type, 2017-2021

    5.3. Current and Future Market Size Value (US$ Mn) & Volume (Units) Analysis and Forecast By Vehicle Type, 2022-2032

        5.3.1. Passenger Cars

        5.3.2. Light Commercial Vehicles

        5.3.3. Heavy Commercial Vehicles

    5.4. Y-o-Y Growth Trend Analysis By Vehicle Type, 2017-2021

    5.5. Absolute $ Opportunity Analysis By Vehicle Type, 2022-2032

Deep-dive segmentation will be available in the sample on request

6. Global Vehicle Electrification Market Analysis 2017-2021 and Forecast 2022-2032, By Component Type

    6.1. Introduction / Key Findings

    6.2. Historical Market Size Value (US$ Mn) & Volume (Units) Analysis By Component Type, 2017-2021

    6.3. Current and Future Market Size Value (US$ Mn) & Volume (Units) Analysis and Forecast By Component Type, 2022-2032

        6.3.1. Start Stop System

        6.3.2. Starter Motor

        6.3.3. Integrated Starter Generator

        6.3.4. Electric Power Steering

        6.3.5. Electric Oil Pump

        6.3.6. Electric Vacuum Pump

        6.3.7. Electric Water Pump

        6.3.8. Electric Air-Conditioner Compressor

        6.3.9. Actuator

        6.3.10. Alternator

    6.4. Y-o-Y Growth Trend Analysis By Component Type, 2017-2021

    6.5. Absolute $ Opportunity Analysis By Component Type, 2022-2032

Deep-dive segmentation will be available in the sample on request

7. Global Vehicle Electrification Market Analysis 2017-2021 and Forecast 2022-2032, By Degree of Hybridization

    7.1. Introduction / Key Findings

    7.2. Historical Market Size Value (US$ Mn) & Volume (Units) Analysis By Degree of Hybridization, 2017-2021

    7.3. Current and Future Market Size Value (US$ Mn) & Volume (Units) Analysis and Forecast By Degree of Hybridization, 2022-2032

        7.3.1. Hybrid Electric Vehicle

        7.3.2. Plug-in Electric Vehicle

        7.3.3. Battery Electric Vehicle

    7.4. Y-o-Y Growth Trend Analysis By Degree of Hybridization, 2017-2021

    7.5. Absolute $ Opportunity Analysis By Degree of Hybridization, 2022-2032

Deep-dive segmentation will be available in the sample on request

8. Global Vehicle Electrification Market Analysis 2017-2021 and Forecast 2022-2032, By Voltage

    8.1. Introduction / Key Findings

    8.2. Historical Market Size Value (US$ Mn) & Volume (Units) Analysis By Voltage, 2017-2021

    8.3. Current and Future Market Size Value (US$ Mn) & Volume (Units) Analysis and Forecast By Voltage, 2022-2032

        8.3.1. 12V

        8.3.2. 14V

        8.3.3. 24V

        8.3.4. 48V

    8.4. Y-o-Y Growth Trend Analysis By Voltage, 2017-2021

    8.5. Absolute $ Opportunity Analysis By Voltage, 2022-2032

Deep-dive segmentation will be available in the sample on request

9. Global Vehicle Electrification Market Analysis 2017-2021 and Forecast 2022-2032, By Sales Channel

    9.1. Introduction / Key Findings

    9.2. Historical Market Size Value (US$ Mn) & Volume (Units) Analysis By Sales Channel, 2017-2021

    9.3. Current and Future Market Size Value (US$ Mn) & Volume (Units) Analysis and Forecast By Sales Channel, 2022-2032

        9.3.1. Original Equipment Manufacturer

        9.3.2. Aftermarket

    9.4. Y-o-Y Growth Trend Analysis By Sales Channel, 2017-2021

    9.5. Absolute $ Opportunity Analysis By Sales Channel, 2022-2032

Deep-dive segmentation will be available in the sample on request

10. Global Vehicle Electrification Market Analysis 2017-2021 and Forecast 2022-2032, By Region

    10.1. Introduction

    10.2. Historical Market Size Value (US$ Mn) & Volume (Units) Analysis By Region, 2017-2021

    10.3. Current Market Size Value (US$ Mn) & Volume (Units) Analysis and Forecast By Region, 2022-2032

        10.3.1. North America

        10.3.2. Latin America

        10.3.3. Europe

        10.3.4. East Asia

        10.3.5. South Asia & Pacific

        10.3.6. MEA

    10.4. Market Attractiveness Analysis By Region

11. North America Vehicle Electrification Market Analysis 2017-2021 and Forecast 2022-2032, By Country

    11.1. Historical Market Size Value (US$ Mn) & Volume (Units) Trend Analysis By Market Taxonomy, 2017-2021

    11.2. Market Size Value (US$ Mn) & Volume (Units) Forecast By Market Taxonomy, 2022-2032

        11.2.1. By Country

            11.2.1.1. U.S.

            11.2.1.2. Canada

        11.2.2. By Vehicle Type

        11.2.3. By Component Type

        11.2.4. By Degree of Hybridization

        11.2.5. By Voltage

        11.2.6. By Sales Channel

    11.3. Market Attractiveness Analysis

        11.3.1. By Country

        11.3.2. By Vehicle Type

        11.3.3. By Component Type

        11.3.4. By Degree of Hybridization

        11.3.5. By Voltage

        11.3.6. By Sales Channel

    11.4. Key Takeaways

12. Latin America Vehicle Electrification Market Analysis 2017-2021 and Forecast 2022-2032, By Country

    12.1. Historical Market Size Value (US$ Mn) & Volume (Units) Trend Analysis By Market Taxonomy, 2017-2021

    12.2. Market Size Value (US$ Mn) & Volume (Units) Forecast By Market Taxonomy, 2022-2032

        12.2.1. By Country

            12.2.1.1. Mexico

            12.2.1.2. Brazil

            12.2.1.3. Rest of Latin America

        12.2.2. By Vehicle Type

        12.2.3. By Component Type

        12.2.4. By Degree of Hybridization

        12.2.5. By Voltage

        12.2.6. By Sales Channel

    12.3. Market Attractiveness Analysis

        12.3.1. By Country

        12.3.2. By Vehicle Type

        12.3.3. By Component Type

        12.3.4. By Degree of Hybridization

        12.3.5. By Voltage

        12.3.6. By Sales Channel

    12.4. Key Takeaways

13. Europe Vehicle Electrification Market Analysis 2017-2021 and Forecast 2022-2032, By Country

    13.1. Historical Market Size Value (US$ Mn) & Volume (Units) Trend Analysis By Market Taxonomy, 2017-2021

    13.2. Market Size Value (US$ Mn) & Volume (Units) Forecast By Market Taxonomy, 2022-2032

        13.2.1. By Country

            13.2.1.1. Germany

            13.2.1.2. Italy

            13.2.1.3. France

            13.2.1.4. U.K.

            13.2.1.5. Spain

            13.2.1.6. BENELUX

            13.2.1.7. Russia

            13.2.1.8. Rest of Europe

        13.2.2. By Vehicle Type

        13.2.3. By Component Type

        13.2.4. By Degree of Hybridization

        13.2.5. By Voltage

        13.2.6. By Sales Channel

    13.3. Market Attractiveness Analysis

        13.3.1. By Country

        13.3.2. By Vehicle Type

        13.3.3. By Component Type

        13.3.4. By Degree of Hybridization

        13.3.5. By Voltage

        13.3.6. By Sales Channel

    13.4. Key Takeaways

14. East Asia Vehicle Electrification Market Analysis 2017-2021 and Forecast 2022-2032, By Country

    14.1. Historical Market Size Value (US$ Mn) & Volume (Units) Trend Analysis By Market Taxonomy, 2017-2021

    14.2. Market Size Value (US$ Mn) & Volume (Units) Forecast By Market Taxonomy, 2022-2032

        14.2.1. By Country

            14.2.1.1. China

            14.2.1.2. Japan

            14.2.1.3. South Korea

        14.2.2. By Vehicle Type

        14.2.3. By Component Type

        14.2.4. By Degree of Hybridization

        14.2.5. By Voltage

        14.2.6. By Sales Channel

    14.3. Market Attractiveness Analysis

        14.3.1. By Country

        14.3.2. By Vehicle Type

        14.3.3. By Component Type

        14.3.4. By Degree of Hybridization

        14.3.5. By Voltage

        14.3.6. By Sales Channel

    14.4. Key Takeaways

15. South Asia & Pacific Vehicle Electrification Market Analysis 2017-2021 and Forecast 2022-2032, By Country

    15.1. Historical Market Size Value (US$ Mn) & Volume (Units) Trend Analysis By Market Taxonomy, 2017-2021

    15.2. Market Size Value (US$ Mn) & Volume (Units) Forecast By Market Taxonomy, 2022-2032

        15.2.1. By Country

            15.2.1.1. India

            15.2.1.2. ASEAN

            15.2.1.3. Australia and New Zealand

            15.2.1.4. Rest of South Asia & Pacific

        15.2.2. By Vehicle Type

        15.2.3. By Component Type

        15.2.4. By Degree of Hybridization

        15.2.5. By Voltage

        15.2.6. By Sales Channel

    15.3. Market Attractiveness Analysis

        15.3.1. By Country

        15.3.2. By Vehicle Type

        15.3.3. By Component Type

        15.3.4. By Degree of Hybridization

        15.3.5. By Voltage

        15.3.6. By Sales Channel

    15.4. Key Takeaways

16. MEA Vehicle Electrification Market Analysis 2017-2021 and Forecast 2022-2032, By Country

    16.1. Historical Market Size Value (US$ Mn) & Volume (Units) Trend Analysis By Market Taxonomy, 2017-2021

    16.2. Market Size Value (US$ Mn) & Volume (Units) Forecast By Market Taxonomy, 2022-2032

        16.2.1. By Country

            16.2.1.1. GCC Countries

            16.2.1.2. Turkey

            16.2.1.3. South Africa

            16.2.1.4. Rest of MEA

        16.2.2. By Vehicle Type

        16.2.3. By Component Type

        16.2.4. By Degree of Hybridization

        16.2.5. By Voltage

        16.2.6. By Sales Channel

    16.3. Market Attractiveness Analysis

        16.3.1. By Country

        16.3.2. By Vehicle Type

        16.3.3. By Component Type

        16.3.4. By Degree of Hybridization

        16.3.5. By Voltage

        16.3.6. By Sales Channel

    16.4. Key Takeaways

17. Key Countries Vehicle Electrification Market Analysis

    17.1. U.S.

        17.1.1. Pricing Analysis

        17.1.2. Market Share Analysis, 2021

            17.1.2.1. By Vehicle Type

            17.1.2.2. By Component Type

            17.1.2.3. By Degree of Hybridization

            17.1.2.4. By Voltage

            17.1.2.5. By Sales Channel

    17.2. Canada

        17.2.1. Pricing Analysis

        17.2.2. Market Share Analysis, 2021

            17.2.2.1. By Vehicle Type

            17.2.2.2. By Component Type

            17.2.2.3. By Degree of Hybridization

            17.2.2.4. By Voltage

            17.2.2.5. By Sales Channel

    17.3. Mexico

        17.3.1. Pricing Analysis

        17.3.2. Market Share Analysis, 2021

            17.3.2.1. By Vehicle Type

            17.3.2.2. By Component Type

            17.3.2.3. By Degree of Hybridization

            17.3.2.4. By Voltage

            17.3.2.5. By Sales Channel

    17.4. Brazil

        17.4.1. Pricing Analysis

        17.4.2. Market Share Analysis, 2021

            17.4.2.1. By Vehicle Type

            17.4.2.2. By Component Type

            17.4.2.3. By Degree of Hybridization

            17.4.2.4. By Voltage

            17.4.2.5. By Sales Channel

    17.5. Germany

        17.5.1. Pricing Analysis

        17.5.2. Market Share Analysis, 2021

            17.5.2.1. By Vehicle Type

            17.5.2.2. By Component Type

            17.5.2.3. By Degree of Hybridization

            17.5.2.4. By Voltage

            17.5.2.5. By Sales Channel

    17.6. Italy

        17.6.1. Pricing Analysis

        17.6.2. Market Share Analysis, 2021

            17.6.2.1. By Vehicle Type

            17.6.2.2. By Component Type

            17.6.2.3. By Degree of Hybridization

            17.6.2.4. By Voltage

            17.6.2.5. By Sales Channel

    17.7. France

        17.7.1. Pricing Analysis

        17.7.2. Market Share Analysis, 2021

            17.7.2.1. By Vehicle Type

            17.7.2.2. By Component Type

            17.7.2.3. By Degree of Hybridization

            17.7.2.4. By Voltage

            17.7.2.5. By Sales Channel

    17.8. U.K.

        17.8.1. Pricing Analysis

        17.8.2. Market Share Analysis, 2021

            17.8.2.1. By Vehicle Type

            17.8.2.2. By Component Type

            17.8.2.3. By Degree of Hybridization

            17.8.2.4. By Voltage

            17.8.2.5. By Sales Channel

    17.9. Spain

        17.9.1. Pricing Analysis

        17.9.2. Market Share Analysis, 2021

            17.9.2.1. By Vehicle Type

            17.9.2.2. By Component Type

            17.9.2.3. By Degree of Hybridization

            17.9.2.4. By Voltage

            17.9.2.5. By Sales Channel

    17.10. BENELUX

        17.10.1. Pricing Analysis

        17.10.2. Market Share Analysis, 2021

            17.10.2.1. By Vehicle Type

            17.10.2.2. By Component Type

            17.10.2.3. By Degree of Hybridization

            17.10.2.4. By Voltage

            17.10.2.5. By Sales Channel

    17.11. Russia

        17.11.1. Pricing Analysis

        17.11.2. Market Share Analysis, 2021

            17.11.2.1. By Vehicle Type

            17.11.2.2. By Component Type

            17.11.2.3. By Degree of Hybridization

            17.11.2.4. By Voltage

            17.11.2.5. By Sales Channel

    17.12. China

        17.12.1. Pricing Analysis

        17.12.2. Market Share Analysis, 2021

            17.12.2.1. By Vehicle Type

            17.12.2.2. By Component Type

            17.12.2.3. By Degree of Hybridization

            17.12.2.4. By Voltage

            17.12.2.5. By Sales Channel

    17.13. Japan

        17.13.1. Pricing Analysis

        17.13.2. Market Share Analysis, 2021

            17.13.2.1. By Vehicle Type

            17.13.2.2. By Component Type

            17.13.2.3. By Degree of Hybridization

            17.13.2.4. By Voltage

            17.13.2.5. By Sales Channel

    17.14. South Korea

        17.14.1. Pricing Analysis

        17.14.2. Market Share Analysis, 2021

            17.14.2.1. By Vehicle Type

            17.14.2.2. By Component Type

            17.14.2.3. By Degree of Hybridization

            17.14.2.4. By Voltage

            17.14.2.5. By Sales Channel

    17.15. India

        17.15.1. Pricing Analysis

        17.15.2. Market Share Analysis, 2021

            17.15.2.1. By Vehicle Type

            17.15.2.2. By Component Type

            17.15.2.3. By Degree of Hybridization

            17.15.2.4. By Voltage

            17.15.2.5. By Sales Channel

    17.16. ASEAN

        17.16.1. Pricing Analysis

        17.16.2. Market Share Analysis, 2021

            17.16.2.1. By Vehicle Type

            17.16.2.2. By Component Type

            17.16.2.3. By Degree of Hybridization

            17.16.2.4. By Voltage

            17.16.2.5. By Sales Channel

    17.17. Australia and New Zealand

        17.17.1. Pricing Analysis

        17.17.2. Market Share Analysis, 2021

            17.17.2.1. By Vehicle Type

            17.17.2.2. By Component Type

            17.17.2.3. By Degree of Hybridization

            17.17.2.4. By Voltage

            17.17.2.5. By Sales Channel

    17.18. GCC Countries

        17.18.1. Pricing Analysis

        17.18.2. Market Share Analysis, 2021

            17.18.2.1. By Vehicle Type

            17.18.2.2. By Component Type

            17.18.2.3. By Degree of Hybridization

            17.18.2.4. By Voltage

            17.18.2.5. By Sales Channel

    17.19. Turkey

        17.19.1. Pricing Analysis

        17.19.2. Market Share Analysis, 2021

            17.19.2.1. By Vehicle Type

            17.19.2.2. By Component Type

            17.19.2.3. By Degree of Hybridization

            17.19.2.4. By Voltage

            17.19.2.5. By Sales Channel

    17.20. South Africa

        17.20.1. Pricing Analysis

        17.20.2. Market Share Analysis, 2021

            17.20.2.1. By Vehicle Type

            17.20.2.2. By Component Type

            17.20.2.3. By Degree of Hybridization

            17.20.2.4. By Voltage

            17.20.2.5. By Sales Channel

18. Market Structure Analysis

    18.1. Competition Dashboard

    18.2. Competition Benchmarking

    18.3. Market Share Analysis of Top Players

        18.3.1. By Regional

        18.3.2. By Vehicle Type

        18.3.3. By Component Type

        18.3.4. By Degree of Hybridization

        18.3.5. By Voltage

        18.3.6. By Sales Channel

19. Competition Analysis

    19.1. Competition Deep Dive

        19.1.1. Robert Bosch GmbH

            19.1.1.1. Overview

            19.1.1.2. Product Portfolio

            19.1.1.3. Profitability by Market Segments

            19.1.1.4. Sales Footprint

            19.1.1.5. Strategy Overview

                19.1.1.5.1. Marketing Strategy

                19.1.1.5.2. Product Strategy

                19.1.1.5.3. Channel Strategy

        19.1.2. Continental AG

            19.1.2.1. Overview

            19.1.2.2. Product Portfolio

            19.1.2.3. Profitability by Market Segments

            19.1.2.4. Sales Footprint

            19.1.2.5. Strategy Overview

                19.1.2.5.1. Marketing Strategy

                19.1.2.5.2. Product Strategy

                19.1.2.5.3. Channel Strategy

        19.1.3. Denso Corporation

            19.1.3.1. Overview

            19.1.3.2. Product Portfolio

            19.1.3.3. Profitability by Market Segments

            19.1.3.4. Sales Footprint

            19.1.3.5. Strategy Overview

                19.1.3.5.1. Marketing Strategy

                19.1.3.5.2. Product Strategy

                19.1.3.5.3. Channel Strategy

        19.1.4. Hitachi, Ltd.

            19.1.4.1. Overview

            19.1.4.2. Product Portfolio

            19.1.4.3. Profitability by Market Segments

            19.1.4.4. Sales Footprint

            19.1.4.5. Strategy Overview

                19.1.4.5.1. Marketing Strategy

                19.1.4.5.2. Product Strategy

                19.1.4.5.3. Channel Strategy

        19.1.5. JTEKT Corporation

            19.1.5.1. Overview

            19.1.5.2. Product Portfolio

            19.1.5.3. Profitability by Market Segments

            19.1.5.4. Sales Footprint

            19.1.5.5. Strategy Overview

                19.1.5.5.1. Marketing Strategy

                19.1.5.5.2. Product Strategy

                19.1.5.5.3. Channel Strategy

        19.1.6. Aisin Corporation

            19.1.6.1. Overview

            19.1.6.2. Product Portfolio

            19.1.6.3. Profitability by Market Segments

            19.1.6.4. Sales Footprint

            19.1.6.5. Strategy Overview

                19.1.6.5.1. Marketing Strategy

                19.1.6.5.2. Product Strategy

                19.1.6.5.3. Channel Strategy

        19.1.7. Magna International

            19.1.7.1. Overview

            19.1.7.2. Product Portfolio

            19.1.7.3. Profitability by Market Segments

            19.1.7.4. Sales Footprint

            19.1.7.5. Strategy Overview

                19.1.7.5.1. Marketing Strategy

                19.1.7.5.2. Product Strategy

                19.1.7.5.3. Channel Strategy

        19.1.8. Valeo SA

            19.1.8.1. Overview

            19.1.8.2. Product Portfolio

            19.1.8.3. Profitability by Market Segments

            19.1.8.4. Sales Footprint

            19.1.8.5. Strategy Overview

                19.1.8.5.1. Marketing Strategy

                19.1.8.5.2. Product Strategy

                19.1.8.5.3. Channel Strategy

        19.1.9. Marelli Corporation

            19.1.9.1. Overview

            19.1.9.2. Product Portfolio

            19.1.9.3. Profitability by Market Segments

            19.1.9.4. Sales Footprint

            19.1.9.5. Strategy Overview

                19.1.9.5.1. Marketing Strategy

                19.1.9.5.2. Product Strategy

                19.1.9.5.3. Channel Strategy

        19.1.10. Mahle GmbH

            19.1.10.1. Overview

            19.1.10.2. Product Portfolio

            19.1.10.3. Profitability by Market Segments

            19.1.10.4. Sales Footprint

            19.1.10.5. Strategy Overview

                19.1.10.5.1. Marketing Strategy

                19.1.10.5.2. Product Strategy

                19.1.10.5.3. Channel Strategy

        19.1.11. Mitsubishi Electric Corporation

            19.1.11.1. Overview

            19.1.11.2. Product Portfolio

            19.1.11.3. Profitability by Market Segments

            19.1.11.4. Sales Footprint

            19.1.11.5. Strategy Overview

                19.1.11.5.1. Marketing Strategy

                19.1.11.5.2. Product Strategy

                19.1.11.5.3. Channel Strategy

        19.1.12. Dana Limited

            19.1.12.1. Overview

            19.1.12.2. Product Portfolio

            19.1.12.3. Profitability by Market Segments

            19.1.12.4. Sales Footprint

            19.1.12.5. Strategy Overview

                19.1.12.5.1. Marketing Strategy

                19.1.12.5.2. Product Strategy

                19.1.12.5.3. Channel Strategy

        19.1.13. Siemens AG

            19.1.13.1. Overview

            19.1.13.2. Product Portfolio

            19.1.13.3. Profitability by Market Segments

            19.1.13.4. Sales Footprint

            19.1.13.5. Strategy Overview

                19.1.13.5.1. Marketing Strategy

                19.1.13.5.2. Product Strategy

                19.1.13.5.3. Channel Strategy

        19.1.14. BorgWarner Inc.

            19.1.14.1. Overview

            19.1.14.2. Product Portfolio

            19.1.14.3. Profitability by Market Segments

            19.1.14.4. Sales Footprint

            19.1.14.5. Strategy Overview

                19.1.14.5.1. Marketing Strategy

                19.1.14.5.2. Product Strategy

                19.1.14.5.3. Channel Strategy

        19.1.15. ZF Friedrichshafen AG

            19.1.15.1. Overview

            19.1.15.2. Product Portfolio

            19.1.15.3. Profitability by Market Segments

            19.1.15.4. Sales Footprint

            19.1.15.5. Strategy Overview

                19.1.15.5.1. Marketing Strategy

                19.1.15.5.2. Product Strategy

                19.1.15.5.3. Channel Strategy

        19.1.16. Schaeffler Group

            19.1.16.1. Overview

            19.1.16.2. Product Portfolio

            19.1.16.3. Profitability by Market Segments

            19.1.16.4. Sales Footprint

            19.1.16.5. Strategy Overview

                19.1.16.5.1. Marketing Strategy

                19.1.16.5.2. Product Strategy

                19.1.16.5.3. Channel Strategy

        19.1.17. Eaton Corporation

            19.1.17.1. Overview

            19.1.17.2. Product Portfolio

            19.1.17.3. Profitability by Market Segments

            19.1.17.4. Sales Footprint

            19.1.17.5. Strategy Overview

                19.1.17.5.1. Marketing Strategy

                19.1.17.5.2. Product Strategy

                19.1.17.5.3. Channel Strategy

        19.1.18. Nexteer Automotive

            19.1.18.1. Overview

            19.1.18.2. Product Portfolio

            19.1.18.3. Profitability by Market Segments

            19.1.18.4. Sales Footprint

            19.1.18.5. Strategy Overview

                19.1.18.5.1. Marketing Strategy

                19.1.18.5.2. Product Strategy

                19.1.18.5.3. Channel Strategy

20. Assumptions & Acronyms Used

21. Research Methodology    

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List of Tables

Table 1: Global Vehicle Electrification Market Value (US$ Mn) Forecast by Region, 2017-2032

Table 2: Global Vehicle Electrification Market Volume (Units) Forecast by Region, 2017-2032

Table 3: Global Vehicle Electrification Market Value (US$ Mn) Forecast by Vehicle Type, 2017-2032

Table 4: Global Vehicle Electrification Market Volume (Units) Forecast by Vehicle Type, 2017-2032

Table 5: Global Vehicle Electrification Market Value (US$ Mn) Forecast by Component Type, 2017-2032

Table 6: Global Vehicle Electrification Market Volume (Units) Forecast by Component Type, 2017-2032

Table 7: Global Vehicle Electrification Market Value (US$ Mn) Forecast by Degree of Hybridization, 2017-2032

Table 8: Global Vehicle Electrification Market Volume (Units) Forecast by Degree of Hybridization, 2017-2032

Table 9: Global Vehicle Electrification Market Value (US$ Mn) Forecast by Voltage, 2017-2032

Table 10: Global Vehicle Electrification Market Volume (Units) Forecast by Voltage, 2017-2032

Table 11: Global Vehicle Electrification Market Value (US$ Mn) Forecast by Sales Channel, 2017-2032

Table 12: Global Vehicle Electrification Market Volume (Units) Forecast by Sales Channel, 2017-2032

Table 13: North America Vehicle Electrification Market Value (US$ Mn) Forecast by Country, 2017-2032

Table 14: North America Vehicle Electrification Market Volume (Units) Forecast by Country, 2017-2032

Table 15: North America Vehicle Electrification Market Value (US$ Mn) Forecast by Vehicle Type, 2017-2032

Table 16: North America Vehicle Electrification Market Volume (Units) Forecast by Vehicle Type, 2017-2032

Table 17: North America Vehicle Electrification Market Value (US$ Mn) Forecast by Component Type, 2017-2032

Table 18: North America Vehicle Electrification Market Volume (Units) Forecast by Component Type, 2017-2032

Table 19: North America Vehicle Electrification Market Value (US$ Mn) Forecast by Degree of Hybridization, 2017-2032

Table 20: North America Vehicle Electrification Market Volume (Units) Forecast by Degree of Hybridization, 2017-2032

Table 21: North America Vehicle Electrification Market Value (US$ Mn) Forecast by Voltage, 2017-2032

Table 22: North America Vehicle Electrification Market Volume (Units) Forecast by Voltage, 2017-2032

Table 23: North America Vehicle Electrification Market Value (US$ Mn) Forecast by Sales Channel, 2017-2032

Table 24: North America Vehicle Electrification Market Volume (Units) Forecast by Sales Channel, 2017-2032

Table 25: Latin America Vehicle Electrification Market Value (US$ Mn) Forecast by Country, 2017-2032

Table 26: Latin America Vehicle Electrification Market Volume (Units) Forecast by Country, 2017-2032

Table 27: Latin America Vehicle Electrification Market Value (US$ Mn) Forecast by Vehicle Type, 2017-2032

Table 28: Latin America Vehicle Electrification Market Volume (Units) Forecast by Vehicle Type, 2017-2032

Table 29: Latin America Vehicle Electrification Market Value (US$ Mn) Forecast by Component Type, 2017-2032

Table 30: Latin America Vehicle Electrification Market Volume (Units) Forecast by Component Type, 2017-2032

Table 31: Latin America Vehicle Electrification Market Value (US$ Mn) Forecast by Degree of Hybridization, 2017-2032

Table 32: Latin America Vehicle Electrification Market Volume (Units) Forecast by Degree of Hybridization, 2017-2032

Table 33: Latin America Vehicle Electrification Market Value (US$ Mn) Forecast by Voltage, 2017-2032

Table 34: Latin America Vehicle Electrification Market Volume (Units) Forecast by Voltage, 2017-2032

Table 35: Latin America Vehicle Electrification Market Value (US$ Mn) Forecast by Sales Channel, 2017-2032

Table 36: Latin America Vehicle Electrification Market Volume (Units) Forecast by Sales Channel, 2017-2032

Table 37: Europe Vehicle Electrification Market Value (US$ Mn) Forecast by Country, 2017-2032

Table 38: Europe Vehicle Electrification Market Volume (Units) Forecast by Country, 2017-2032

Table 39: Europe Vehicle Electrification Market Value (US$ Mn) Forecast by Vehicle Type, 2017-2032

Table 40: Europe Vehicle Electrification Market Volume (Units) Forecast by Vehicle Type, 2017-2032

Table 41: Europe Vehicle Electrification Market Value (US$ Mn) Forecast by Component Type, 2017-2032

Table 42: Europe Vehicle Electrification Market Volume (Units) Forecast by Component Type, 2017-2032

Table 43: Europe Vehicle Electrification Market Value (US$ Mn) Forecast by Degree of Hybridization, 2017-2032

Table 44: Europe Vehicle Electrification Market Volume (Units) Forecast by Degree of Hybridization, 2017-2032

Table 45: Europe Vehicle Electrification Market Value (US$ Mn) Forecast by Voltage, 2017-2032

Table 46: Europe Vehicle Electrification Market Volume (Units) Forecast by Voltage, 2017-2032

Table 47: Europe Vehicle Electrification Market Value (US$ Mn) Forecast by Sales Channel, 2017-2032

Table 48: Europe Vehicle Electrification Market Volume (Units) Forecast by Sales Channel, 2017-2032

Table 49: East Asia Vehicle Electrification Market Value (US$ Mn) Forecast by Country, 2017-2032

Table 50: East Asia Vehicle Electrification Market Volume (Units) Forecast by Country, 2017-2032

Table 51: East Asia Vehicle Electrification Market Value (US$ Mn) Forecast by Vehicle Type, 2017-2032

Table 52: East Asia Vehicle Electrification Market Volume (Units) Forecast by Vehicle Type, 2017-2032

Table 53: East Asia Vehicle Electrification Market Value (US$ Mn) Forecast by Component Type, 2017-2032

Table 54: East Asia Vehicle Electrification Market Volume (Units) Forecast by Component Type, 2017-2032

Table 55: East Asia Vehicle Electrification Market Value (US$ Mn) Forecast by Degree of Hybridization, 2017-2032

Table 56: East Asia Vehicle Electrification Market Volume (Units) Forecast by Degree of Hybridization, 2017-2032

Table 57: East Asia Vehicle Electrification Market Value (US$ Mn) Forecast by Voltage, 2017-2032

Table 58: East Asia Vehicle Electrification Market Volume (Units) Forecast by Voltage, 2017-2032

Table 59: East Asia Vehicle Electrification Market Value (US$ Mn) Forecast by Sales Channel, 2017-2032

Table 60: East Asia Vehicle Electrification Market Volume (Units) Forecast by Sales Channel, 2017-2032

Table 61: South Asia & Pacific Vehicle Electrification Market Value (US$ Mn) Forecast by Country, 2017-2032

Table 62: South Asia & Pacific Vehicle Electrification Market Volume (Units) Forecast by Country, 2017-2032

Table 63: South Asia & Pacific Vehicle Electrification Market Value (US$ Mn) Forecast by Vehicle Type, 2017-2032

Table 64: South Asia & Pacific Vehicle Electrification Market Volume (Units) Forecast by Vehicle Type, 2017-2032

Table 65: South Asia & Pacific Vehicle Electrification Market Value (US$ Mn) Forecast by Component Type, 2017-2032

Table 66: South Asia & Pacific Vehicle Electrification Market Volume (Units) Forecast by Component Type, 2017-2032

Table 67: South Asia & Pacific Vehicle Electrification Market Value (US$ Mn) Forecast by Degree of Hybridization, 2017-2032

Table 68: South Asia & Pacific Vehicle Electrification Market Volume (Units) Forecast by Degree of Hybridization, 2017-2032

Table 69: South Asia & Pacific Vehicle Electrification Market Value (US$ Mn) Forecast by Voltage, 2017-2032

Table 70: South Asia & Pacific Vehicle Electrification Market Volume (Units) Forecast by Voltage, 2017-2032

Table 71: South Asia & Pacific Vehicle Electrification Market Value (US$ Mn) Forecast by Sales Channel, 2017-2032

Table 72: South Asia & Pacific Vehicle Electrification Market Volume (Units) Forecast by Sales Channel, 2017-2032

Table 73: MEA Vehicle Electrification Market Value (US$ Mn) Forecast by Country, 2017-2032

Table 74: MEA Vehicle Electrification Market Volume (Units) Forecast by Country, 2017-2032

Table 75: MEA Vehicle Electrification Market Value (US$ Mn) Forecast by Vehicle Type, 2017-2032

Table 76: MEA Vehicle Electrification Market Volume (Units) Forecast by Vehicle Type, 2017-2032

Table 77: MEA Vehicle Electrification Market Value (US$ Mn) Forecast by Component Type, 2017-2032

Table 78: MEA Vehicle Electrification Market Volume (Units) Forecast by Component Type, 2017-2032

Table 79: MEA Vehicle Electrification Market Value (US$ Mn) Forecast by Degree of Hybridization, 2017-2032

Table 80: MEA Vehicle Electrification Market Volume (Units) Forecast by Degree of Hybridization, 2017-2032

Table 81: MEA Vehicle Electrification Market Value (US$ Mn) Forecast by Voltage, 2017-2032

Table 82: MEA Vehicle Electrification Market Volume (Units) Forecast by Voltage, 2017-2032

Table 83: MEA Vehicle Electrification Market Value (US$ Mn) Forecast by Sales Channel, 2017-2032

Table 84: MEA Vehicle Electrification Market Volume (Units) Forecast by Sales Channel, 2017-2032

Nikhil Kaitwade
Principal Consultant
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List of Charts

Figure 1: Global Vehicle Electrification Market Value (US$ Mn) by Vehicle Type, 2022-2032

Figure 2: Global Vehicle Electrification Market Value (US$ Mn) by Component Type, 2022-2032

Figure 3: Global Vehicle Electrification Market Value (US$ Mn) by Degree of Hybridization, 2022-2032

Figure 4: Global Vehicle Electrification Market Value (US$ Mn) by Voltage, 2022-2032

Figure 5: Global Vehicle Electrification Market Value (US$ Mn) by Sales Channel, 2022-2032

Figure 6: Global Vehicle Electrification Market Value (US$ Mn) by Region, 2022-2032

Figure 7: Global Vehicle Electrification Market Value (US$ Mn) Analysis by Region, 2017-2032

Figure 8: Global Vehicle Electrification Market Volume (Units) Analysis by Region, 2017-2032

Figure 9: Global Vehicle Electrification Market Value Share (%) and BPS Analysis by Region, 2022-2032

Figure 10: Global Vehicle Electrification Market Y-o-Y Growth (%) Projections by Region, 2022-2032

Figure 11: Global Vehicle Electrification Market Value (US$ Mn) Analysis by Vehicle Type, 2017-2032

Figure 12: Global Vehicle Electrification Market Volume (Units) Analysis by Vehicle Type, 2017-2032

Figure 13: Global Vehicle Electrification Market Value Share (%) and BPS Analysis by Vehicle Type, 2022-2032

Figure 14: Global Vehicle Electrification Market Y-o-Y Growth (%) Projections by Vehicle Type, 2022-2032

Figure 15: Global Vehicle Electrification Market Value (US$ Mn) Analysis by Component Type, 2017-2032

Figure 16: Global Vehicle Electrification Market Volume (Units) Analysis by Component Type, 2017-2032

Figure 17: Global Vehicle Electrification Market Value Share (%) and BPS Analysis by Component Type, 2022-2032

Figure 18: Global Vehicle Electrification Market Y-o-Y Growth (%) Projections by Component Type, 2022-2032

Figure 19: Global Vehicle Electrification Market Value (US$ Mn) Analysis by Degree of Hybridization, 2017-2032

Figure 20: Global Vehicle Electrification Market Volume (Units) Analysis by Degree of Hybridization, 2017-2032

Figure 21: Global Vehicle Electrification Market Value Share (%) and BPS Analysis by Degree of Hybridization, 2022-2032

Figure 22: Global Vehicle Electrification Market Y-o-Y Growth (%) Projections by Degree of Hybridization, 2022-2032

Figure 23: Global Vehicle Electrification Market Value (US$ Mn) Analysis by Voltage, 2017-2032

Figure 24: Global Vehicle Electrification Market Volume (Units) Analysis by Voltage, 2017-2032

Figure 25: Global Vehicle Electrification Market Value Share (%) and BPS Analysis by Voltage, 2022-2032

Figure 26: Global Vehicle Electrification Market Y-o-Y Growth (%) Projections by Voltage, 2022-2032

Figure 27: Global Vehicle Electrification Market Value (US$ Mn) Analysis by Sales Channel, 2017-2032

Figure 28: Global Vehicle Electrification Market Volume (Units) Analysis by Sales Channel, 2017-2032

Figure 29: Global Vehicle Electrification Market Value Share (%) and BPS Analysis by Sales Channel, 2022-2032

Figure 30: Global Vehicle Electrification Market Y-o-Y Growth (%) Projections by Sales Channel, 2022-2032

Figure 31: Global Vehicle Electrification Market Attractiveness by Vehicle Type, 2022-2032

Figure 32: Global Vehicle Electrification Market Attractiveness by Component Type, 2022-2032

Figure 33: Global Vehicle Electrification Market Attractiveness by Degree of Hybridization, 2022-2032

Figure 34: Global Vehicle Electrification Market Attractiveness by Voltage, 2022-2032

Figure 35: Global Vehicle Electrification Market Attractiveness by Sales Channel, 2022-2032

Figure 36: Global Vehicle Electrification Market Attractiveness by Region, 2022-2032

Figure 37: North America Vehicle Electrification Market Value (US$ Mn) by Vehicle Type, 2022-2032

Figure 38: North America Vehicle Electrification Market Value (US$ Mn) by Component Type, 2022-2032

Figure 39: North America Vehicle Electrification Market Value (US$ Mn) by Degree of Hybridization, 2022-2032

Figure 40: North America Vehicle Electrification Market Value (US$ Mn) by Voltage, 2022-2032

Figure 41: North America Vehicle Electrification Market Value (US$ Mn) by Sales Channel, 2022-2032

Figure 42: North America Vehicle Electrification Market Value (US$ Mn) by Country, 2022-2032

Figure 43: North America Vehicle Electrification Market Value (US$ Mn) Analysis by Country, 2017-2032

Figure 44: North America Vehicle Electrification Market Volume (Units) Analysis by Country, 2017-2032

Figure 45: North America Vehicle Electrification Market Value Share (%) and BPS Analysis by Country, 2022-2032

Figure 46: North America Vehicle Electrification Market Y-o-Y Growth (%) Projections by Country, 2022-2032

Figure 47: North America Vehicle Electrification Market Value (US$ Mn) Analysis by Vehicle Type, 2017-2032

Figure 48: North America Vehicle Electrification Market Volume (Units) Analysis by Vehicle Type, 2017-2032

Figure 49: North America Vehicle Electrification Market Value Share (%) and BPS Analysis by Vehicle Type, 2022-2032

Figure 50: North America Vehicle Electrification Market Y-o-Y Growth (%) Projections by Vehicle Type, 2022-2032

Figure 51: North America Vehicle Electrification Market Value (US$ Mn) Analysis by Component Type, 2017-2032

Figure 52: North America Vehicle Electrification Market Volume (Units) Analysis by Component Type, 2017-2032

Figure 53: North America Vehicle Electrification Market Value Share (%) and BPS Analysis by Component Type, 2022-2032

Figure 54: North America Vehicle Electrification Market Y-o-Y Growth (%) Projections by Component Type, 2022-2032

Figure 55: North America Vehicle Electrification Market Value (US$ Mn) Analysis by Degree of Hybridization, 2017-2032

Figure 56: North America Vehicle Electrification Market Volume (Units) Analysis by Degree of Hybridization, 2017-2032

Figure 57: North America Vehicle Electrification Market Value Share (%) and BPS Analysis by Degree of Hybridization, 2022-2032

Figure 58: North America Vehicle Electrification Market Y-o-Y Growth (%) Projections by Degree of Hybridization, 2022-2032

Figure 59: North America Vehicle Electrification Market Value (US$ Mn) Analysis by Voltage, 2017-2032

Figure 60: North America Vehicle Electrification Market Volume (Units) Analysis by Voltage, 2017-2032

Figure 61: North America Vehicle Electrification Market Value Share (%) and BPS Analysis by Voltage, 2022-2032

Figure 62: North America Vehicle Electrification Market Y-o-Y Growth (%) Projections by Voltage, 2022-2032

Figure 63: North America Vehicle Electrification Market Value (US$ Mn) Analysis by Sales Channel, 2017-2032

Figure 64: North America Vehicle Electrification Market Volume (Units) Analysis by Sales Channel, 2017-2032

Figure 65: North America Vehicle Electrification Market Value Share (%) and BPS Analysis by Sales Channel, 2022-2032

Figure 66: North America Vehicle Electrification Market Y-o-Y Growth (%) Projections by Sales Channel, 2022-2032

Figure 67: North America Vehicle Electrification Market Attractiveness by Vehicle Type, 2022-2032

Figure 68: North America Vehicle Electrification Market Attractiveness by Component Type, 2022-2032

Figure 69: North America Vehicle Electrification Market Attractiveness by Degree of Hybridization, 2022-2032

Figure 70: North America Vehicle Electrification Market Attractiveness by Voltage, 2022-2032

Figure 71: North America Vehicle Electrification Market Attractiveness by Sales Channel, 2022-2032

Figure 72: North America Vehicle Electrification Market Attractiveness by Country, 2022-2032

Figure 73: Latin America Vehicle Electrification Market Value (US$ Mn) by Vehicle Type, 2022-2032

Figure 74: Latin America Vehicle Electrification Market Value (US$ Mn) by Component Type, 2022-2032

Figure 75: Latin America Vehicle Electrification Market Value (US$ Mn) by Degree of Hybridization, 2022-2032

Figure 76: Latin America Vehicle Electrification Market Value (US$ Mn) by Voltage, 2022-2032

Figure 77: Latin America Vehicle Electrification Market Value (US$ Mn) by Sales Channel, 2022-2032

Figure 78: Latin America Vehicle Electrification Market Value (US$ Mn) by Country, 2022-2032

Figure 79: Latin America Vehicle Electrification Market Value (US$ Mn) Analysis by Country, 2017-2032

Figure 80: Latin America Vehicle Electrification Market Volume (Units) Analysis by Country, 2017-2032

Figure 81: Latin America Vehicle Electrification Market Value Share (%) and BPS Analysis by Country, 2022-2032

Figure 82: Latin America Vehicle Electrification Market Y-o-Y Growth (%) Projections by Country, 2022-2032

Figure 83: Latin America Vehicle Electrification Market Value (US$ Mn) Analysis by Vehicle Type, 2017-2032

Figure 84: Latin America Vehicle Electrification Market Volume (Units) Analysis by Vehicle Type, 2017-2032

Figure 85: Latin America Vehicle Electrification Market Value Share (%) and BPS Analysis by Vehicle Type, 2022-2032

Figure 86: Latin America Vehicle Electrification Market Y-o-Y Growth (%) Projections by Vehicle Type, 2022-2032

Figure 87: Latin America Vehicle Electrification Market Value (US$ Mn) Analysis by Component Type, 2017-2032

Figure 88: Latin America Vehicle Electrification Market Volume (Units) Analysis by Component Type, 2017-2032

Figure 89: Latin America Vehicle Electrification Market Value Share (%) and BPS Analysis by Component Type, 2022-2032

Figure 90: Latin America Vehicle Electrification Market Y-o-Y Growth (%) Projections by Component Type, 2022-2032

Figure 91: Latin America Vehicle Electrification Market Value (US$ Mn) Analysis by Degree of Hybridization, 2017-2032

Figure 92: Latin America Vehicle Electrification Market Volume (Units) Analysis by Degree of Hybridization, 2017-2032

Figure 93: Latin America Vehicle Electrification Market Value Share (%) and BPS Analysis by Degree of Hybridization, 2022-2032

Figure 94: Latin America Vehicle Electrification Market Y-o-Y Growth (%) Projections by Degree of Hybridization, 2022-2032

Figure 95: Latin America Vehicle Electrification Market Value (US$ Mn) Analysis by Voltage, 2017-2032

Figure 96: Latin America Vehicle Electrification Market Volume (Units) Analysis by Voltage, 2017-2032

Figure 97: Latin America Vehicle Electrification Market Value Share (%) and BPS Analysis by Voltage, 2022-2032

Figure 98: Latin America Vehicle Electrification Market Y-o-Y Growth (%) Projections by Voltage, 2022-2032

Figure 99: Latin America Vehicle Electrification Market Value (US$ Mn) Analysis by Sales Channel, 2017-2032

Figure 100: Latin America Vehicle Electrification Market Volume (Units) Analysis by Sales Channel, 2017-2032

Figure 101: Latin America Vehicle Electrification Market Value Share (%) and BPS Analysis by Sales Channel, 2022-2032

Figure 102: Latin America Vehicle Electrification Market Y-o-Y Growth (%) Projections by Sales Channel, 2022-2032

Figure 103: Latin America Vehicle Electrification Market Attractiveness by Vehicle Type, 2022-2032

Figure 104: Latin America Vehicle Electrification Market Attractiveness by Component Type, 2022-2032

Figure 105: Latin America Vehicle Electrification Market Attractiveness by Degree of Hybridization, 2022-2032

Figure 106: Latin America Vehicle Electrification Market Attractiveness by Voltage, 2022-2032

Figure 107: Latin America Vehicle Electrification Market Attractiveness by Sales Channel, 2022-2032

Figure 108: Latin America Vehicle Electrification Market Attractiveness by Country, 2022-2032

Figure 109: Europe Vehicle Electrification Market Value (US$ Mn) by Vehicle Type, 2022-2032

Figure 110: Europe Vehicle Electrification Market Value (US$ Mn) by Component Type, 2022-2032

Figure 111: Europe Vehicle Electrification Market Value (US$ Mn) by Degree of Hybridization, 2022-2032

Figure 112: Europe Vehicle Electrification Market Value (US$ Mn) by Voltage, 2022-2032

Figure 113: Europe Vehicle Electrification Market Value (US$ Mn) by Sales Channel, 2022-2032

Figure 114: Europe Vehicle Electrification Market Value (US$ Mn) by Country, 2022-2032

Figure 115: Europe Vehicle Electrification Market Value (US$ Mn) Analysis by Country, 2017-2032

Figure 116: Europe Vehicle Electrification Market Volume (Units) Analysis by Country, 2017-2032

Figure 117: Europe Vehicle Electrification Market Value Share (%) and BPS Analysis by Country, 2022-2032

Figure 118: Europe Vehicle Electrification Market Y-o-Y Growth (%) Projections by Country, 2022-2032

Figure 119: Europe Vehicle Electrification Market Value (US$ Mn) Analysis by Vehicle Type, 2017-2032

Figure 120: Europe Vehicle Electrification Market Volume (Units) Analysis by Vehicle Type, 2017-2032

Figure 121: Europe Vehicle Electrification Market Value Share (%) and BPS Analysis by Vehicle Type, 2022-2032

Figure 122: Europe Vehicle Electrification Market Y-o-Y Growth (%) Projections by Vehicle Type, 2022-2032

Figure 123: Europe Vehicle Electrification Market Value (US$ Mn) Analysis by Component Type, 2017-2032

Figure 124: Europe Vehicle Electrification Market Volume (Units) Analysis by Component Type, 2017-2032

Figure 125: Europe Vehicle Electrification Market Value Share (%) and BPS Analysis by Component Type, 2022-2032

Figure 126: Europe Vehicle Electrification Market Y-o-Y Growth (%) Projections by Component Type, 2022-2032

Figure 127: Europe Vehicle Electrification Market Value (US$ Mn) Analysis by Degree of Hybridization, 2017-2032

Figure 128: Europe Vehicle Electrification Market Volume (Units) Analysis by Degree of Hybridization, 2017-2032

Figure 129: Europe Vehicle Electrification Market Value Share (%) and BPS Analysis by Degree of Hybridization, 2022-2032

Figure 130: Europe Vehicle Electrification Market Y-o-Y Growth (%) Projections by Degree of Hybridization, 2022-2032

Figure 131: Europe Vehicle Electrification Market Value (US$ Mn) Analysis by Voltage, 2017-2032

Figure 132: Europe Vehicle Electrification Market Volume (Units) Analysis by Voltage, 2017-2032

Figure 133: Europe Vehicle Electrification Market Value Share (%) and BPS Analysis by Voltage, 2022-2032

Figure 134: Europe Vehicle Electrification Market Y-o-Y Growth (%) Projections by Voltage, 2022-2032

Figure 135: Europe Vehicle Electrification Market Value (US$ Mn) Analysis by Sales Channel, 2017-2032

Figure 136: Europe Vehicle Electrification Market Volume (Units) Analysis by Sales Channel, 2017-2032

Figure 137: Europe Vehicle Electrification Market Value Share (%) and BPS Analysis by Sales Channel, 2022-2032

Figure 138: Europe Vehicle Electrification Market Y-o-Y Growth (%) Projections by Sales Channel, 2022-2032

Figure 139: Europe Vehicle Electrification Market Attractiveness by Vehicle Type, 2022-2032

Figure 140: Europe Vehicle Electrification Market Attractiveness by Component Type, 2022-2032

Figure 141: Europe Vehicle Electrification Market Attractiveness by Degree of Hybridization, 2022-2032

Figure 142: Europe Vehicle Electrification Market Attractiveness by Voltage, 2022-2032

Figure 143: Europe Vehicle Electrification Market Attractiveness by Sales Channel, 2022-2032

Figure 144: Europe Vehicle Electrification Market Attractiveness by Country, 2022-2032

Figure 145: East Asia Vehicle Electrification Market Value (US$ Mn) by Vehicle Type, 2022-2032

Figure 146: East Asia Vehicle Electrification Market Value (US$ Mn) by Component Type, 2022-2032

Figure 147: East Asia Vehicle Electrification Market Value (US$ Mn) by Degree of Hybridization, 2022-2032

Figure 148: East Asia Vehicle Electrification Market Value (US$ Mn) by Voltage, 2022-2032

Figure 149: East Asia Vehicle Electrification Market Value (US$ Mn) by Sales Channel, 2022-2032

Figure 150: East Asia Vehicle Electrification Market Value (US$ Mn) by Country, 2022-2032

Figure 151: East Asia Vehicle Electrification Market Value (US$ Mn) Analysis by Country, 2017-2032

Figure 152: East Asia Vehicle Electrification Market Volume (Units) Analysis by Country, 2017-2032

Figure 153: East Asia Vehicle Electrification Market Value Share (%) and BPS Analysis by Country, 2022-2032

Figure 154: East Asia Vehicle Electrification Market Y-o-Y Growth (%) Projections by Country, 2022-2032

Figure 155: East Asia Vehicle Electrification Market Value (US$ Mn) Analysis by Vehicle Type, 2017-2032

Figure 156: East Asia Vehicle Electrification Market Volume (Units) Analysis by Vehicle Type, 2017-2032

Figure 157: East Asia Vehicle Electrification Market Value Share (%) and BPS Analysis by Vehicle Type, 2022-2032

Figure 158: East Asia Vehicle Electrification Market Y-o-Y Growth (%) Projections by Vehicle Type, 2022-2032

Figure 159: East Asia Vehicle Electrification Market Value (US$ Mn) Analysis by Component Type, 2017-2032

Figure 160: East Asia Vehicle Electrification Market Volume (Units) Analysis by Component Type, 2017-2032

Figure 161: East Asia Vehicle Electrification Market Value Share (%) and BPS Analysis by Component Type, 2022-2032

Figure 162: East Asia Vehicle Electrification Market Y-o-Y Growth (%) Projections by Component Type, 2022-2032

Figure 163: East Asia Vehicle Electrification Market Value (US$ Mn) Analysis by Degree of Hybridization, 2017-2032

Figure 164: East Asia Vehicle Electrification Market Volume (Units) Analysis by Degree of Hybridization, 2017-2032

Figure 165: East Asia Vehicle Electrification Market Value Share (%) and BPS Analysis by Degree of Hybridization, 2022-2032

Figure 166: East Asia Vehicle Electrification Market Y-o-Y Growth (%) Projections by Degree of Hybridization, 2022-2032

Figure 167: East Asia Vehicle Electrification Market Value (US$ Mn) Analysis by Voltage, 2017-2032

Figure 168: East Asia Vehicle Electrification Market Volume (Units) Analysis by Voltage, 2017-2032

Figure 169: East Asia Vehicle Electrification Market Value Share (%) and BPS Analysis by Voltage, 2022-2032

Figure 170: East Asia Vehicle Electrification Market Y-o-Y Growth (%) Projections by Voltage, 2022-2032

Figure 171: East Asia Vehicle Electrification Market Value (US$ Mn) Analysis by Sales Channel, 2017-2032

Figure 172: East Asia Vehicle Electrification Market Volume (Units) Analysis by Sales Channel, 2017-2032

Figure 173: East Asia Vehicle Electrification Market Value Share (%) and BPS Analysis by Sales Channel, 2022-2032

Figure 174: East Asia Vehicle Electrification Market Y-o-Y Growth (%) Projections by Sales Channel, 2022-2032

Figure 175: East Asia Vehicle Electrification Market Attractiveness by Vehicle Type, 2022-2032

Figure 176: East Asia Vehicle Electrification Market Attractiveness by Component Type, 2022-2032

Figure 177: East Asia Vehicle Electrification Market Attractiveness by Degree of Hybridization, 2022-2032

Figure 178: East Asia Vehicle Electrification Market Attractiveness by Voltage, 2022-2032

Figure 179: East Asia Vehicle Electrification Market Attractiveness by Sales Channel, 2022-2032

Figure 180: East Asia Vehicle Electrification Market Attractiveness by Country, 2022-2032

Figure 181: South Asia & Pacific Vehicle Electrification Market Value (US$ Mn) by Vehicle Type, 2022-2032

Figure 182: South Asia & Pacific Vehicle Electrification Market Value (US$ Mn) by Component Type, 2022-2032

Figure 183: South Asia & Pacific Vehicle Electrification Market Value (US$ Mn) by Degree of Hybridization, 2022-2032

Figure 184: South Asia & Pacific Vehicle Electrification Market Value (US$ Mn) by Voltage, 2022-2032

Figure 185: South Asia & Pacific Vehicle Electrification Market Value (US$ Mn) by Sales Channel, 2022-2032

Figure 186: South Asia & Pacific Vehicle Electrification Market Value (US$ Mn) by Country, 2022-2032

Figure 187: South Asia & Pacific Vehicle Electrification Market Value (US$ Mn) Analysis by Country, 2017-2032

Figure 188: South Asia & Pacific Vehicle Electrification Market Volume (Units) Analysis by Country, 2017-2032

Figure 189: South Asia & Pacific Vehicle Electrification Market Value Share (%) and BPS Analysis by Country, 2022-2032

Figure 190: South Asia & Pacific Vehicle Electrification Market Y-o-Y Growth (%) Projections by Country, 2022-2032

Figure 191: South Asia & Pacific Vehicle Electrification Market Value (US$ Mn) Analysis by Vehicle Type, 2017-2032

Figure 192: South Asia & Pacific Vehicle Electrification Market Volume (Units) Analysis by Vehicle Type, 2017-2032

Figure 193: South Asia & Pacific Vehicle Electrification Market Value Share (%) and BPS Analysis by Vehicle Type, 2022-2032

Figure 194: South Asia & Pacific Vehicle Electrification Market Y-o-Y Growth (%) Projections by Vehicle Type, 2022-2032

Figure 195: South Asia & Pacific Vehicle Electrification Market Value (US$ Mn) Analysis by Component Type, 2017-2032

Figure 196: South Asia & Pacific Vehicle Electrification Market Volume (Units) Analysis by Component Type, 2017-2032

Figure 197: South Asia & Pacific Vehicle Electrification Market Value Share (%) and BPS Analysis by Component Type, 2022-2032

Figure 198: South Asia & Pacific Vehicle Electrification Market Y-o-Y Growth (%) Projections by Component Type, 2022-2032

Figure 199: South Asia & Pacific Vehicle Electrification Market Value (US$ Mn) Analysis by Degree of Hybridization, 2017-2032

Figure 200: South Asia & Pacific Vehicle Electrification Market Volume (Units) Analysis by Degree of Hybridization, 2017-2032

Figure 201: South Asia & Pacific Vehicle Electrification Market Value Share (%) and BPS Analysis by Degree of Hybridization, 2022-2032

Figure 202: South Asia & Pacific Vehicle Electrification Market Y-o-Y Growth (%) Projections by Degree of Hybridization, 2022-2032

Figure 203: South Asia & Pacific Vehicle Electrification Market Value (US$ Mn) Analysis by Voltage, 2017-2032

Figure 204: South Asia & Pacific Vehicle Electrification Market Volume (Units) Analysis by Voltage, 2017-2032

Figure 205: South Asia & Pacific Vehicle Electrification Market Value Share (%) and BPS Analysis by Voltage, 2022-2032

Figure 206: South Asia & Pacific Vehicle Electrification Market Y-o-Y Growth (%) Projections by Voltage, 2022-2032

Figure 207: South Asia & Pacific Vehicle Electrification Market Value (US$ Mn) Analysis by Sales Channel, 2017-2032

Figure 208: South Asia & Pacific Vehicle Electrification Market Volume (Units) Analysis by Sales Channel, 2017-2032

Figure 209: South Asia & Pacific Vehicle Electrification Market Value Share (%) and BPS Analysis by Sales Channel, 2022-2032

Figure 210: South Asia & Pacific Vehicle Electrification Market Y-o-Y Growth (%) Projections by Sales Channel, 2022-2032

Figure 211: South Asia & Pacific Vehicle Electrification Market Attractiveness by Vehicle Type, 2022-2032

Figure 212: South Asia & Pacific Vehicle Electrification Market Attractiveness by Component Type, 2022-2032

Figure 213: South Asia & Pacific Vehicle Electrification Market Attractiveness by Degree of Hybridization, 2022-2032

Figure 214: South Asia & Pacific Vehicle Electrification Market Attractiveness by Voltage, 2022-2032

Figure 215: South Asia & Pacific Vehicle Electrification Market Attractiveness by Sales Channel, 2022-2032

Figure 216: South Asia & Pacific Vehicle Electrification Market Attractiveness by Country, 2022-2032

Figure 217: MEA Vehicle Electrification Market Value (US$ Mn) by Vehicle Type, 2022-2032

Figure 218: MEA Vehicle Electrification Market Value (US$ Mn) by Component Type, 2022-2032

Figure 219: MEA Vehicle Electrification Market Value (US$ Mn) by Degree of Hybridization, 2022-2032

Figure 220: MEA Vehicle Electrification Market Value (US$ Mn) by Voltage, 2022-2032

Figure 221: MEA Vehicle Electrification Market Value (US$ Mn) by Sales Channel, 2022-2032

Figure 222: MEA Vehicle Electrification Market Value (US$ Mn) by Country, 2022-2032

Figure 223: MEA Vehicle Electrification Market Value (US$ Mn) Analysis by Country, 2017-2032

Figure 224: MEA Vehicle Electrification Market Volume (Units) Analysis by Country, 2017-2032

Figure 225: MEA Vehicle Electrification Market Value Share (%) and BPS Analysis by Country, 2022-2032

Figure 226: MEA Vehicle Electrification Market Y-o-Y Growth (%) Projections by Country, 2022-2032

Figure 227: MEA Vehicle Electrification Market Value (US$ Mn) Analysis by Vehicle Type, 2017-2032

Figure 228: MEA Vehicle Electrification Market Volume (Units) Analysis by Vehicle Type, 2017-2032

Figure 229: MEA Vehicle Electrification Market Value Share (%) and BPS Analysis by Vehicle Type, 2022-2032

Figure 230: MEA Vehicle Electrification Market Y-o-Y Growth (%) Projections by Vehicle Type, 2022-2032

Figure 231: MEA Vehicle Electrification Market Value (US$ Mn) Analysis by Component Type, 2017-2032

Figure 232: MEA Vehicle Electrification Market Volume (Units) Analysis by Component Type, 2017-2032

Figure 233: MEA Vehicle Electrification Market Value Share (%) and BPS Analysis by Component Type, 2022-2032

Figure 234: MEA Vehicle Electrification Market Y-o-Y Growth (%) Projections by Component Type, 2022-2032

Figure 235: MEA Vehicle Electrification Market Value (US$ Mn) Analysis by Degree of Hybridization, 2017-2032

Figure 236: MEA Vehicle Electrification Market Volume (Units) Analysis by Degree of Hybridization, 2017-2032

Figure 237: MEA Vehicle Electrification Market Value Share (%) and BPS Analysis by Degree of Hybridization, 2022-2032

Figure 238: MEA Vehicle Electrification Market Y-o-Y Growth (%) Projections by Degree of Hybridization, 2022-2032

Figure 239: MEA Vehicle Electrification Market Value (US$ Mn) Analysis by Voltage, 2017-2032

Figure 240: MEA Vehicle Electrification Market Volume (Units) Analysis by Voltage, 2017-2032

Figure 241: MEA Vehicle Electrification Market Value Share (%) and BPS Analysis by Voltage, 2022-2032

Figure 242: MEA Vehicle Electrification Market Y-o-Y Growth (%) Projections by Voltage, 2022-2032

Figure 243: MEA Vehicle Electrification Market Value (US$ Mn) Analysis by Sales Channel, 2017-2032

Figure 244: MEA Vehicle Electrification Market Volume (Units) Analysis by Sales Channel, 2017-2032

Figure 245: MEA Vehicle Electrification Market Value Share (%) and BPS Analysis by Sales Channel, 2022-2032

Figure 246: MEA Vehicle Electrification Market Y-o-Y Growth (%) Projections by Sales Channel, 2022-2032

Figure 247: MEA Vehicle Electrification Market Attractiveness by Vehicle Type, 2022-2032

Figure 248: MEA Vehicle Electrification Market Attractiveness by Component Type, 2022-2032

Figure 249: MEA Vehicle Electrification Market Attractiveness by Degree of Hybridization, 2022-2032

Figure 250: MEA Vehicle Electrification Market Attractiveness by Voltage, 2022-2032

Figure 251: MEA Vehicle Electrification Market Attractiveness by Sales Channel, 2022-2032

Figure 252: MEA Vehicle Electrification Market Attractiveness by Country, 2022-2032

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