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Vehicle Electrification Market

Vehicle Electrification Market Size, Share & Trends Analysis Report By Product (Start/Stop System, Electric Power Steering, Liquid Heater Ptc, Electric Air Conditioner Compressor, Electric Vacuum Pump, Electric Oil Pump, Electric Water Pump, Starter Motor & Alternator, Integrated Starter Generator, Actuators), By Hybridization (Internal Combustion Engine (ICE) & Micro-Hybrid Vehicle, HEV, PHEV, BEV), By Sales Channel (ORIGINAL EQUIPMENT MANUFACTURERS (OEM), AFTERMARKET), By Voltage (14 V, 12 V, 48 V, 24 V) and By Region(North America, Europe, APAC, Middle East and Africa, LATAM) Forecasts, 2022-2030

Report Code: SRAT1864DR
Study Period 2018-2030 CAGR 9.56%
Historical Period 2018-2020 Forecast Period 2022-2030
Base Year 2021 Base Year Market Size USD 82.13 Billion
Forecast Year 2030 Forecast Year Market Size USD 186.8 Billion
Largest Market Asia-Pacific Fastest Growing Market Europe
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Market Segmentation

  1. Vehicle Electrification Market, By Product (2020-2030)
    1. Start/Stop System
    2. Electric Power Steering
    3. Liquid Heater Ptc
    4. Electric Air Conditioner Compressor
    5. Electric Vacuum Pump
    6. Electric Oil Pump
    7. Electric Water Pump
    8. Starter Motor & Alternator
    9. Integrated Starter Generator
    10. Actuators
  2. Vehicle Electrification Market, By Hybridization (2020-2030)
    1. Internal Combustion Engine (ICE) & Micro-Hybrid Vehicle
    2. HEV
    3. PHEV
    4. BEV
  3. Vehicle Electrification Market, By Sales Channel (2020-2030)
    1. ORIGINAL EQUIPMENT MANUFACTURERS (OEM)
    2. AFTERMARKET
  4. Vehicle Electrification Market, By Voltage (2020-2030)
    1. 14 V
    2. 12 V
    3. 48 V
    4. 24 V
    1. North America
      1. North America Vehicle Electrification Market, By Product
        1. Start/Stop System
          1. Electric Power Steering
            1. Liquid Heater Ptc
              1. Electric Air Conditioner Compressor
                1. Electric Vacuum Pump
                  1. Electric Oil Pump
                    1. Electric Water Pump
                      1. Starter Motor & Alternator
                        1. Integrated Starter Generator
                          1. Actuators
                          2. North America Vehicle Electrification Market, By Hybridization
                            1. Internal Combustion Engine (ICE) & Micro-Hybrid Vehicle
                              1. HEV
                                1. PHEV
                                  1. BEV
                                  2. North America Vehicle Electrification Market, By Sales Channel
                                    1. ORIGINAL EQUIPMENT MANUFACTURERS (OEM)
                                      1. AFTERMARKET
                                      2. North America Vehicle Electrification Market, By Voltage
                                        1. 14 V
                                          1. 12 V
                                            1. 48 V
                                              1. 24 V
                                              2. U.S.
                                                1. U.S. Vehicle Electrification Market, By Product
                                                  1. Start/Stop System
                                                    1. Electric Power Steering
                                                      1. Liquid Heater Ptc
                                                        1. Electric Air Conditioner Compressor
                                                          1. Electric Vacuum Pump
                                                            1. Electric Oil Pump
                                                              1. Electric Water Pump
                                                                1. Starter Motor & Alternator
                                                                  1. Integrated Starter Generator
                                                                    1. Actuators
                                                                    2. U.S. Vehicle Electrification Market, By Hybridization
                                                                      1. Internal Combustion Engine (ICE) & Micro-Hybrid Vehicle
                                                                        1. HEV
                                                                          1. PHEV
                                                                            1. BEV
                                                                            2. U.S. Vehicle Electrification Market, By Sales Channel
                                                                              1. ORIGINAL EQUIPMENT MANUFACTURERS (OEM)
                                                                                1. AFTERMARKET
                                                                                2. U.S. Vehicle Electrification Market, By Voltage
                                                                                  1. 14 V
                                                                                    1. 12 V
                                                                                      1. 48 V
                                                                                        1. 24 V
                                                                                      2. Canada
                                                                                    2. Europe
                                                                                      1. Europe Vehicle Electrification Market, By Product
                                                                                        1. Start/Stop System
                                                                                          1. Electric Power Steering
                                                                                            1. Liquid Heater Ptc
                                                                                              1. Electric Air Conditioner Compressor
                                                                                                1. Electric Vacuum Pump
                                                                                                  1. Electric Oil Pump
                                                                                                    1. Electric Water Pump
                                                                                                      1. Starter Motor & Alternator
                                                                                                        1. Integrated Starter Generator
                                                                                                          1. Actuators
                                                                                                          2. Europe Vehicle Electrification Market, By Hybridization
                                                                                                            1. Internal Combustion Engine (ICE) & Micro-Hybrid Vehicle
                                                                                                              1. HEV
                                                                                                                1. PHEV
                                                                                                                  1. BEV
                                                                                                                  2. Europe Vehicle Electrification Market, By Sales Channel
                                                                                                                    1. ORIGINAL EQUIPMENT MANUFACTURERS (OEM)
                                                                                                                      1. AFTERMARKET
                                                                                                                      2. Europe Vehicle Electrification Market, By Voltage
                                                                                                                        1. 14 V
                                                                                                                          1. 12 V
                                                                                                                            1. 48 V
                                                                                                                              1. 24 V
                                                                                                                              2. U.K.
                                                                                                                                1. U.K. Vehicle Electrification Market, By Product
                                                                                                                                  1. Start/Stop System
                                                                                                                                    1. Electric Power Steering
                                                                                                                                      1. Liquid Heater Ptc
                                                                                                                                        1. Electric Air Conditioner Compressor
                                                                                                                                          1. Electric Vacuum Pump
                                                                                                                                            1. Electric Oil Pump
                                                                                                                                              1. Electric Water Pump
                                                                                                                                                1. Starter Motor & Alternator
                                                                                                                                                  1. Integrated Starter Generator
                                                                                                                                                    1. Actuators
                                                                                                                                                    2. U.K. Vehicle Electrification Market, By Hybridization
                                                                                                                                                      1. Internal Combustion Engine (ICE) & Micro-Hybrid Vehicle
                                                                                                                                                        1. HEV
                                                                                                                                                          1. PHEV
                                                                                                                                                            1. BEV
                                                                                                                                                            2. U.K. Vehicle Electrification Market, By Sales Channel
                                                                                                                                                              1. ORIGINAL EQUIPMENT MANUFACTURERS (OEM)
                                                                                                                                                                1. AFTERMARKET
                                                                                                                                                                2. U.K. Vehicle Electrification Market, By Voltage
                                                                                                                                                                  1. 14 V
                                                                                                                                                                    1. 12 V
                                                                                                                                                                      1. 48 V
                                                                                                                                                                        1. 24 V
                                                                                                                                                                      2. Germany
                                                                                                                                                                      3. France
                                                                                                                                                                      4. Spain
                                                                                                                                                                      5. Italy
                                                                                                                                                                      6. Russia
                                                                                                                                                                      7. Nordic
                                                                                                                                                                      8. Benelux
                                                                                                                                                                      9. Rest of Europe
                                                                                                                                                                    2. APAC
                                                                                                                                                                      1. APAC Vehicle Electrification Market, By Product
                                                                                                                                                                        1. Start/Stop System
                                                                                                                                                                          1. Electric Power Steering
                                                                                                                                                                            1. Liquid Heater Ptc
                                                                                                                                                                              1. Electric Air Conditioner Compressor
                                                                                                                                                                                1. Electric Vacuum Pump
                                                                                                                                                                                  1. Electric Oil Pump
                                                                                                                                                                                    1. Electric Water Pump
                                                                                                                                                                                      1. Starter Motor & Alternator
                                                                                                                                                                                        1. Integrated Starter Generator
                                                                                                                                                                                          1. Actuators
                                                                                                                                                                                          2. APAC Vehicle Electrification Market, By Hybridization
                                                                                                                                                                                            1. Internal Combustion Engine (ICE) & Micro-Hybrid Vehicle
                                                                                                                                                                                              1. HEV
                                                                                                                                                                                                1. PHEV
                                                                                                                                                                                                  1. BEV
                                                                                                                                                                                                  2. APAC Vehicle Electrification Market, By Sales Channel
                                                                                                                                                                                                    1. ORIGINAL EQUIPMENT MANUFACTURERS (OEM)
                                                                                                                                                                                                      1. AFTERMARKET
                                                                                                                                                                                                      2. APAC Vehicle Electrification Market, By Voltage
                                                                                                                                                                                                        1. 14 V
                                                                                                                                                                                                          1. 12 V
                                                                                                                                                                                                            1. 48 V
                                                                                                                                                                                                              1. 24 V
                                                                                                                                                                                                              2. China
                                                                                                                                                                                                                1. China Vehicle Electrification Market, By Product
                                                                                                                                                                                                                  1. Start/Stop System
                                                                                                                                                                                                                    1. Electric Power Steering
                                                                                                                                                                                                                      1. Liquid Heater Ptc
                                                                                                                                                                                                                        1. Electric Air Conditioner Compressor
                                                                                                                                                                                                                          1. Electric Vacuum Pump
                                                                                                                                                                                                                            1. Electric Oil Pump
                                                                                                                                                                                                                              1. Electric Water Pump
                                                                                                                                                                                                                                1. Starter Motor & Alternator
                                                                                                                                                                                                                                  1. Integrated Starter Generator
                                                                                                                                                                                                                                    1. Actuators
                                                                                                                                                                                                                                    2. China Vehicle Electrification Market, By Hybridization
                                                                                                                                                                                                                                      1. Internal Combustion Engine (ICE) & Micro-Hybrid Vehicle
                                                                                                                                                                                                                                        1. HEV
                                                                                                                                                                                                                                          1. PHEV
                                                                                                                                                                                                                                            1. BEV
                                                                                                                                                                                                                                            2. China Vehicle Electrification Market, By Sales Channel
                                                                                                                                                                                                                                              1. ORIGINAL EQUIPMENT MANUFACTURERS (OEM)
                                                                                                                                                                                                                                                1. AFTERMARKET
                                                                                                                                                                                                                                                2. China Vehicle Electrification Market, By Voltage
                                                                                                                                                                                                                                                  1. 14 V
                                                                                                                                                                                                                                                    1. 12 V
                                                                                                                                                                                                                                                      1. 48 V
                                                                                                                                                                                                                                                        1. 24 V
                                                                                                                                                                                                                                                      2. Korea
                                                                                                                                                                                                                                                      3. Japan
                                                                                                                                                                                                                                                      4. India
                                                                                                                                                                                                                                                      5. Australia
                                                                                                                                                                                                                                                      6. Taiwan
                                                                                                                                                                                                                                                      7. South East Asia
                                                                                                                                                                                                                                                      8. Rest of Asia-Pacific
                                                                                                                                                                                                                                                    2. Middle East and Africa
                                                                                                                                                                                                                                                      1. Middle East and Africa Vehicle Electrification Market, By Product
                                                                                                                                                                                                                                                        1. Start/Stop System
                                                                                                                                                                                                                                                          1. Electric Power Steering
                                                                                                                                                                                                                                                            1. Liquid Heater Ptc
                                                                                                                                                                                                                                                              1. Electric Air Conditioner Compressor
                                                                                                                                                                                                                                                                1. Electric Vacuum Pump
                                                                                                                                                                                                                                                                  1. Electric Oil Pump
                                                                                                                                                                                                                                                                    1. Electric Water Pump
                                                                                                                                                                                                                                                                      1. Starter Motor & Alternator
                                                                                                                                                                                                                                                                        1. Integrated Starter Generator
                                                                                                                                                                                                                                                                          1. Actuators
                                                                                                                                                                                                                                                                          2. Middle East and Africa Vehicle Electrification Market, By Hybridization
                                                                                                                                                                                                                                                                            1. Internal Combustion Engine (ICE) & Micro-Hybrid Vehicle
                                                                                                                                                                                                                                                                              1. HEV
                                                                                                                                                                                                                                                                                1. PHEV
                                                                                                                                                                                                                                                                                  1. BEV
                                                                                                                                                                                                                                                                                  2. Middle East and Africa Vehicle Electrification Market, By Sales Channel
                                                                                                                                                                                                                                                                                    1. ORIGINAL EQUIPMENT MANUFACTURERS (OEM)
                                                                                                                                                                                                                                                                                      1. AFTERMARKET
                                                                                                                                                                                                                                                                                      2. Middle East and Africa Vehicle Electrification Market, By Voltage
                                                                                                                                                                                                                                                                                        1. 14 V
                                                                                                                                                                                                                                                                                          1. 12 V
                                                                                                                                                                                                                                                                                            1. 48 V
                                                                                                                                                                                                                                                                                              1. 24 V
                                                                                                                                                                                                                                                                                              2. UAE
                                                                                                                                                                                                                                                                                                1. UAE Vehicle Electrification Market, By Product
                                                                                                                                                                                                                                                                                                  1. Start/Stop System
                                                                                                                                                                                                                                                                                                    1. Electric Power Steering
                                                                                                                                                                                                                                                                                                      1. Liquid Heater Ptc
                                                                                                                                                                                                                                                                                                        1. Electric Air Conditioner Compressor
                                                                                                                                                                                                                                                                                                          1. Electric Vacuum Pump
                                                                                                                                                                                                                                                                                                            1. Electric Oil Pump
                                                                                                                                                                                                                                                                                                              1. Electric Water Pump
                                                                                                                                                                                                                                                                                                                1. Starter Motor & Alternator
                                                                                                                                                                                                                                                                                                                  1. Integrated Starter Generator
                                                                                                                                                                                                                                                                                                                    1. Actuators
                                                                                                                                                                                                                                                                                                                    2. UAE Vehicle Electrification Market, By Hybridization
                                                                                                                                                                                                                                                                                                                      1. Internal Combustion Engine (ICE) & Micro-Hybrid Vehicle
                                                                                                                                                                                                                                                                                                                        1. HEV
                                                                                                                                                                                                                                                                                                                          1. PHEV
                                                                                                                                                                                                                                                                                                                            1. BEV
                                                                                                                                                                                                                                                                                                                            2. UAE Vehicle Electrification Market, By Sales Channel
                                                                                                                                                                                                                                                                                                                              1. ORIGINAL EQUIPMENT MANUFACTURERS (OEM)
                                                                                                                                                                                                                                                                                                                                1. AFTERMARKET
                                                                                                                                                                                                                                                                                                                                2. UAE Vehicle Electrification Market, By Voltage
                                                                                                                                                                                                                                                                                                                                  1. 14 V
                                                                                                                                                                                                                                                                                                                                    1. 12 V
                                                                                                                                                                                                                                                                                                                                      1. 48 V
                                                                                                                                                                                                                                                                                                                                        1. 24 V
                                                                                                                                                                                                                                                                                                                                      2. Turkey
                                                                                                                                                                                                                                                                                                                                      3. Saudi Arabia
                                                                                                                                                                                                                                                                                                                                      4. South Africa
                                                                                                                                                                                                                                                                                                                                      5. Egypt
                                                                                                                                                                                                                                                                                                                                      6. Nigeria
                                                                                                                                                                                                                                                                                                                                      7. Rest of MEA
                                                                                                                                                                                                                                                                                                                                    2. LATAM
                                                                                                                                                                                                                                                                                                                                      1. LATAM Vehicle Electrification Market, By Product
                                                                                                                                                                                                                                                                                                                                        1. Start/Stop System
                                                                                                                                                                                                                                                                                                                                          1. Electric Power Steering
                                                                                                                                                                                                                                                                                                                                            1. Liquid Heater Ptc
                                                                                                                                                                                                                                                                                                                                              1. Electric Air Conditioner Compressor
                                                                                                                                                                                                                                                                                                                                                1. Electric Vacuum Pump
                                                                                                                                                                                                                                                                                                                                                  1. Electric Oil Pump
                                                                                                                                                                                                                                                                                                                                                    1. Electric Water Pump
                                                                                                                                                                                                                                                                                                                                                      1. Starter Motor & Alternator
                                                                                                                                                                                                                                                                                                                                                        1. Integrated Starter Generator
                                                                                                                                                                                                                                                                                                                                                          1. Actuators
                                                                                                                                                                                                                                                                                                                                                          2. LATAM Vehicle Electrification Market, By Hybridization
                                                                                                                                                                                                                                                                                                                                                            1. Internal Combustion Engine (ICE) & Micro-Hybrid Vehicle
                                                                                                                                                                                                                                                                                                                                                              1. HEV
                                                                                                                                                                                                                                                                                                                                                                1. PHEV
                                                                                                                                                                                                                                                                                                                                                                  1. BEV
                                                                                                                                                                                                                                                                                                                                                                  2. LATAM Vehicle Electrification Market, By Sales Channel
                                                                                                                                                                                                                                                                                                                                                                    1. ORIGINAL EQUIPMENT MANUFACTURERS (OEM)
                                                                                                                                                                                                                                                                                                                                                                      1. AFTERMARKET
                                                                                                                                                                                                                                                                                                                                                                      2. LATAM Vehicle Electrification Market, By Voltage
                                                                                                                                                                                                                                                                                                                                                                        1. 14 V
                                                                                                                                                                                                                                                                                                                                                                          1. 12 V
                                                                                                                                                                                                                                                                                                                                                                            1. 48 V
                                                                                                                                                                                                                                                                                                                                                                              1. 24 V
                                                                                                                                                                                                                                                                                                                                                                              2. Brazil
                                                                                                                                                                                                                                                                                                                                                                                1. Brazil Vehicle Electrification Market, By Product
                                                                                                                                                                                                                                                                                                                                                                                  1. Start/Stop System
                                                                                                                                                                                                                                                                                                                                                                                    1. Electric Power Steering
                                                                                                                                                                                                                                                                                                                                                                                      1. Liquid Heater Ptc
                                                                                                                                                                                                                                                                                                                                                                                        1. Electric Air Conditioner Compressor
                                                                                                                                                                                                                                                                                                                                                                                          1. Electric Vacuum Pump
                                                                                                                                                                                                                                                                                                                                                                                            1. Electric Oil Pump
                                                                                                                                                                                                                                                                                                                                                                                              1. Electric Water Pump
                                                                                                                                                                                                                                                                                                                                                                                                1. Starter Motor & Alternator
                                                                                                                                                                                                                                                                                                                                                                                                  1. Integrated Starter Generator
                                                                                                                                                                                                                                                                                                                                                                                                    1. Actuators
                                                                                                                                                                                                                                                                                                                                                                                                    2. Brazil Vehicle Electrification Market, By Hybridization
                                                                                                                                                                                                                                                                                                                                                                                                      1. Internal Combustion Engine (ICE) & Micro-Hybrid Vehicle
                                                                                                                                                                                                                                                                                                                                                                                                        1. HEV
                                                                                                                                                                                                                                                                                                                                                                                                          1. PHEV
                                                                                                                                                                                                                                                                                                                                                                                                            1. BEV
                                                                                                                                                                                                                                                                                                                                                                                                            2. Brazil Vehicle Electrification Market, By Sales Channel
                                                                                                                                                                                                                                                                                                                                                                                                              1. ORIGINAL EQUIPMENT MANUFACTURERS (OEM)
                                                                                                                                                                                                                                                                                                                                                                                                                1. AFTERMARKET
                                                                                                                                                                                                                                                                                                                                                                                                                2. Brazil Vehicle Electrification Market, By Voltage
                                                                                                                                                                                                                                                                                                                                                                                                                  1. 14 V
                                                                                                                                                                                                                                                                                                                                                                                                                    1. 12 V
                                                                                                                                                                                                                                                                                                                                                                                                                      1. 48 V
                                                                                                                                                                                                                                                                                                                                                                                                                        1. 24 V
                                                                                                                                                                                                                                                                                                                                                                                                                      2. Mexico
                                                                                                                                                                                                                                                                                                                                                                                                                      3. Argentina
                                                                                                                                                                                                                                                                                                                                                                                                                      4. Chile
                                                                                                                                                                                                                                                                                                                                                                                                                      5. Colombia
                                                                                                                                                                                                                                                                                                                                                                                                                      6. Rest of LATAM

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