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Automotive Electrification-Global Market Insights and Sales Trends 2025
Synopsis
The global Automotive Electrification market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Automotive Electrification in various end use industries. The expanding demands from the Family car, Commercial and Industrial,, are propelling Automotive Electrification market. Internal Combustion Engine (ICE) & Micro-Hybrid Vehicle, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Hybrid Electric Vehicle (HEV) segment is estimated at % CAGR for the next seven-year period.
Automotive is a key driver of this industry. According to data from the World Automobile Organization (OICA), global automobile production and sales in 2017 reached their peak in the past 10 years, at 97.3 million and 95.89 million respectively. In 2018, the global economic expansion ended, and the global auto market declined as a whole. In 2022, there will wear units 81.6 million vehicles in the world. At present, more than 90% of the world's automobiles are concentrated in the three continents of Asia, Europe and North America, of which Asia automobile production accounts for 56% of the world, Europe accounts for 20%, and North America accounts for 16%. The world major automobile producing countries include China, the United States, Japan, South Korea, Germany, India, Mexico, and other countries; among them, China is the largest automobile producing country in the world, accounting for about 32%. Japan is the world's largest car exporter, exporting more than 3.5 million vehicles in 2022.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Automotive Electrification, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Automotive Electrification market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Automotive Electrification market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Automotive Electrification sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Automotive Electrification covered in this report include Bosch, Continental, Denso, Delphi, Johnson Electric, Volkswagen, Toyota, Honda and Mitsubishi Electric, etc.
The global Automotive Electrification market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Bosch
Continental
Denso
Delphi
Johnson Electric
Volkswagen
Toyota
Honda
Mitsubishi Electric
Borgwarner
Magna
Aisin Seiki
Johnson Controls
ZF
Valeo
Jtekt
Hitachi
Wabco
Global Automotive Electrification market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Automotive Electrification market, Segment by Type:
Internal Combustion Engine (ICE) & Micro-Hybrid Vehicle
Hybrid Electric Vehicle (HEV)
Plug-In Hybrid Electric Vehicle (PHEV)
Battery Electric Vehicle (BEV)
Global Automotive Electrification market, by Application
Family car
Commercial
Industrial
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter Three: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter Four: Detailed analysis of Automotive Electrification companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
The global Automotive Electrification market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Automotive Electrification in various end use industries. The expanding demands from the Family car, Commercial and Industrial,, are propelling Automotive Electrification market. Internal Combustion Engine (ICE) & Micro-Hybrid Vehicle, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Hybrid Electric Vehicle (HEV) segment is estimated at % CAGR for the next seven-year period.
Automotive is a key driver of this industry. According to data from the World Automobile Organization (OICA), global automobile production and sales in 2017 reached their peak in the past 10 years, at 97.3 million and 95.89 million respectively. In 2018, the global economic expansion ended, and the global auto market declined as a whole. In 2022, there will wear units 81.6 million vehicles in the world. At present, more than 90% of the world's automobiles are concentrated in the three continents of Asia, Europe and North America, of which Asia automobile production accounts for 56% of the world, Europe accounts for 20%, and North America accounts for 16%. The world major automobile producing countries include China, the United States, Japan, South Korea, Germany, India, Mexico, and other countries; among them, China is the largest automobile producing country in the world, accounting for about 32%. Japan is the world's largest car exporter, exporting more than 3.5 million vehicles in 2022.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Automotive Electrification, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Automotive Electrification market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Automotive Electrification market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Automotive Electrification sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Automotive Electrification covered in this report include Bosch, Continental, Denso, Delphi, Johnson Electric, Volkswagen, Toyota, Honda and Mitsubishi Electric, etc.
The global Automotive Electrification market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Bosch
Continental
Denso
Delphi
Johnson Electric
Volkswagen
Toyota
Honda
Mitsubishi Electric
Borgwarner
Magna
Aisin Seiki
Johnson Controls
ZF
Valeo
Jtekt
Hitachi
Wabco
Global Automotive Electrification market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Automotive Electrification market, Segment by Type:
Internal Combustion Engine (ICE) & Micro-Hybrid Vehicle
Hybrid Electric Vehicle (HEV)
Plug-In Hybrid Electric Vehicle (PHEV)
Battery Electric Vehicle (BEV)
Global Automotive Electrification market, by Application
Family car
Commercial
Industrial
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter Three: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter Four: Detailed analysis of Automotive Electrification companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
Index1 Market Overview of Automotive Electrification
1.1 Automotive Electrification Market Overview
1.1.1 Automotive Electrification Product Scope
1.1.2 Automotive Electrification Market Status and Outlook
1.2 Global Automotive Electrification Market Size Overview by Region 2018 VS 2022 VS 2029
1.3 Global Automotive Electrification Market Size by Region (2018-2029)
1.4 Global Automotive Electrification Historic Market Size by Region (2018-2023)
1.5 Global Automotive Electrification Market Size Forecast by Region (2024-2029)
1.6 Key Regions, Automotive Electrification Market Size (2018-2029)
1.6.1 North America Automotive Electrification Market Size (2018-2029)
1.6.2 Europe Automotive Electrification Market Size (2018-2029)
1.6.3 Asia-Pacific Automotive Electrification Market Size (2018-2029)
1.6.4 Latin America Automotive Electrification Market Size (2018-2029)
1.6.5 Middle East & Africa Automotive Electrification Market Size (2018-2029)
2 Automotive Electrification Market by Type
2.1 Introduction
2.1.1 Internal Combustion Engine (ICE) & Micro-Hybrid Vehicle
2.1.2 Hybrid Electric Vehicle (HEV)
2.1.3 Plug-In Hybrid Electric Vehicle (PHEV)
2.1.4 Battery Electric Vehicle (BEV)
2.2 Global Automotive Electrification Market Size by Type: 2018 VS 2022 VS 2029
2.2.1 Global Automotive Electrification Historic Market Size by Type (2018-2023)
2.2.2 Global Automotive Electrification Forecasted Market Size by Type (2024-2029)
2.3 Key Regions Market Size by Type
2.3.1 North America Automotive Electrification Revenue Breakdown by Type (2018-2029)
2.3.2 Europe Automotive Electrification Revenue Breakdown by Type (2018-2029)
2.3.3 Asia-Pacific Automotive Electrification Revenue Breakdown by Type (2018-2029)
2.3.4 Latin America Automotive Electrification Revenue Breakdown by Type (2018-2029)
2.3.5 Middle East and Africa Automotive Electrification Revenue Breakdown by Type (2018-2029)
3 Automotive Electrification Market Overview by Application
3.1 Introduction
3.1.1 Family car
3.1.2 Commercial
3.1.3 Industrial
3.2 Global Automotive Electrification Market Size by Application: 2018 VS 2022 VS 2029
3.2.1 Global Automotive Electrification Historic Market Size by Application (2018-2023)
3.2.2 Global Automotive Electrification Forecasted Market Size by Application (2024-2029)
3.3 Key Regions Market Size by Application
3.3.1 North America Automotive Electrification Revenue Breakdown by Application (2018-2029)
3.3.2 Europe Automotive Electrification Revenue Breakdown by Application (2018-2029)
3.3.3 Asia-Pacific Automotive Electrification Revenue Breakdown by Application (2018-2029)
3.3.4 Latin America Automotive Electrification Revenue Breakdown by Application (2018-2029)
3.3.5 Middle East and Africa Automotive Electrification Revenue Breakdown by Application (2018-2029)
4 Automotive Electrification Competition Analysis by Players
4.1 Global Automotive Electrification Market Size by Players (2018-2023)
4.2 Global Top Players by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Automotive Electrification as of 2022)
4.3 Date of Key Players Enter into Automotive Electrification Market
4.4 Global Top Players Automotive Electrification Headquarters and Area Served
4.5 Key Players Automotive Electrification Product Solution and Service
4.6 Competitive Status
4.6.1 Automotive Electrification Market Concentration Rate
4.6.2 Mergers & Acquisitions, Expansion Plans
5 Company (Top Players) Profiles
5.1 Bosch
5.1.1 Bosch Profile
5.1.2 Bosch Main Business
5.1.3 Bosch Automotive Electrification Products, Services and Solutions
5.1.4 Bosch Automotive Electrification Revenue (US$ Million) & (2018-2023)
5.1.5 Bosch Recent Developments
5.2 Continental
5.2.1 Continental Profile
5.2.2 Continental Main Business
5.2.3 Continental Automotive Electrification Products, Services and Solutions
5.2.4 Continental Automotive Electrification Revenue (US$ Million) & (2018-2023)
5.2.5 Continental Recent Developments
5.3 Denso
5.3.1 Denso Profile
5.3.2 Denso Main Business
5.3.3 Denso Automotive Electrification Products, Services and Solutions
5.3.4 Denso Automotive Electrification Revenue (US$ Million) & (2018-2023)
5.3.5 Delphi Recent Developments
5.4 Delphi
5.4.1 Delphi Profile
5.4.2 Delphi Main Business
5.4.3 Delphi Automotive Electrification Products, Services and Solutions
5.4.4 Delphi Automotive Electrification Revenue (US$ Million) & (2018-2023)
5.4.5 Delphi Recent Developments
5.5 Johnson Electric
5.5.1 Johnson Electric Profile
5.5.2 Johnson Electric Main Business
5.5.3 Johnson Electric Automotive Electrification Products, Services and Solutions
5.5.4 Johnson Electric Automotive Electrification Revenue (US$ Million) & (2018-2023)
5.5.5 Johnson Electric Recent Developments
5.6 Volkswagen
5.6.1 Volkswagen Profile
5.6.2 Volkswagen Main Business
5.6.3 Volkswagen Automotive Electrification Products, Services and Solutions
5.6.4 Volkswagen Automotive Electrification Revenue (US$ Million) & (2018-2023)
5.6.5 Volkswagen Recent Developments
5.7 Toyota
5.7.1 Toyota Profile
5.7.2 Toyota Main Business
5.7.3 Toyota Automotive Electrification Products, Services and Solutions
5.7.4 Toyota Automotive Electrification Revenue (US$ Million) & (2018-2023)
5.7.5 Toyota Recent Developments
5.8 Honda
5.8.1 Honda Profile
5.8.2 Honda Main Business
5.8.3 Honda Automotive Electrification Products, Services and Solutions
5.8.4 Honda Automotive Electrification Revenue (US$ Million) & (2018-2023)
5.8.5 Honda Recent Developments
5.9 Mitsubishi Electric
5.9.1 Mitsubishi Electric Profile
5.9.2 Mitsubishi Electric Main Business
5.9.3 Mitsubishi Electric Automotive Electrification Products, Services and Solutions
5.9.4 Mitsubishi Electric Automotive Electrification Revenue (US$ Million) & (2018-2023)
5.9.5 Mitsubishi Electric Recent Developments
5.10 Borgwarner
5.10.1 Borgwarner Profile
5.10.2 Borgwarner Main Business
5.10.3 Borgwarner Automotive Electrification Products, Services and Solutions
5.10.4 Borgwarner Automotive Electrification Revenue (US$ Million) & (2018-2023)
5.10.5 Borgwarner Recent Developments
5.11 Magna
5.11.1 Magna Profile
5.11.2 Magna Main Business
5.11.3 Magna Automotive Electrification Products, Services and Solutions
5.11.4 Magna Automotive Electrification Revenue (US$ Million) & (2018-2023)
5.11.5 Magna Recent Developments
5.12 Aisin Seiki
5.12.1 Aisin Seiki Profile
5.12.2 Aisin Seiki Main Business
5.12.3 Aisin Seiki Automotive Electrification Products, Services and Solutions
5.12.4 Aisin Seiki Automotive Electrification Revenue (US$ Million) & (2018-2023)
5.12.5 Aisin Seiki Recent Developments
5.13 Johnson Controls
5.13.1 Johnson Controls Profile
5.13.2 Johnson Controls Main Business
5.13.3 Johnson Controls Automotive Electrification Products, Services and Solutions
5.13.4 Johnson Controls Automotive Electrification Revenue (US$ Million) & (2018-2023)
5.13.5 Johnson Controls Recent Developments
5.14 ZF
5.14.1 ZF Profile
5.14.2 ZF Main Business
5.14.3 ZF Automotive Electrification Products, Services and Solutions
5.14.4 ZF Automotive Electrification Revenue (US$ Million) & (2018-2023)
5.14.5 ZF Recent Developments
5.15 Valeo
5.15.1 Valeo Profile
5.15.2 Valeo Main Business
5.15.3 Valeo Automotive Electrification Products, Services and Solutions
5.15.4 Valeo Automotive Electrification Revenue (US$ Million) & (2018-2023)
5.15.5 Valeo Recent Developments
5.16 Jtekt
5.16.1 Jtekt Profile
5.16.2 Jtekt Main Business
5.16.3 Jtekt Automotive Electrification Products, Services and Solutions
5.16.4 Jtekt Automotive Electrification Revenue (US$ Million) & (2018-2023)
5.16.5 Jtekt Recent Developments
5.17 Hitachi
5.17.1 Hitachi Profile
5.17.2 Hitachi Main Business
5.17.3 Hitachi Automotive Electrification Products, Services and Solutions
5.17.4 Hitachi Automotive Electrification Revenue (US$ Million) & (2018-2023)
5.17.5 Hitachi Recent Developments
5.18 Wabco
5.18.1 Wabco Profile
5.18.2 Wabco Main Business
5.18.3 Wabco Automotive Electrification Products, Services and Solutions
5.18.4 Wabco Automotive Electrification Revenue (US$ Million) & (2018-2023)
5.18.5 Wabco Recent Developments
6 North America
6.1 North America Automotive Electrification Market Size by Country (2018-2029)
6.2 U.S.
6.3 Canada
7 Europe
7.1 Europe Automotive Electrification Market Size by Country (2018-2029)
7.2 Germany
7.3 France
7.4 U.K.
7.5 Italy
7.6 Russia
7.7 Nordic Countries
7.8 Rest of Europe
8 Asia-Pacific
8.1 Asia-Pacific Automotive Electrification Market Size by Region (2018-2029)
8.2 China
8.3 Japan
8.4 South Korea
8.5 Southeast Asia
8.6 India
8.7 Australia
8.8 Rest of Asia-Pacific
9 Latin America
9.1 Latin America Automotive Electrification Market Size by Country (2018-2029)
9.2 Mexico
9.3 Brazil
9.4 Rest of Latin America
10 Middle East & Africa
10.1 Middle East & Africa Automotive Electrification Market Size by Country (2018-2029)
10.2 Turkey
10.3 Saudi Arabia
10.4 UAE
10.5 Rest of Middle East & Africa
11 Automotive Electrification Market Dynamics
11.1 Automotive Electrification Industry Trends
11.2 Automotive Electrification Market Drivers
11.3 Automotive Electrification Market Challenges
11.4 Automotive Electrification Market Restraints
12 Research Finding /Conclusion
13 Methodology and Data Source
13.1 Methodology/Research Approach
13.1.1 Research Programs/Design
13.1.2 Market Size Estimation
13.1.3 Market Breakdown and Data Triangulation
13.2 Data Source
13.2.1 Secondary Sources
13.2.2 Primary Sources
13.3 Disclaimer
13.4 Author List
Published By : QY Research
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