Dublin, November 2, 2020 (GLOBE NEWSWIRE) – The report "48-Volt Battery System for Motor Vehicles – Global Market Outlook (2019-2027)" has been added ResearchAndMarkets.com Offer.
The global market for 48-volt battery systems for motor vehicles is growing with a CAGR of 52.1% in the period 2019-2027. Some of the factors such as strict emissions regulations and the increasing trend of adopting fast charging batteries are driving the growth of the market. However, the high implementation costs are likely to hamper market growth.
Compared to conventional battery-electric vehicles, 48-volt battery systems for motor vehicles are cost-effective hybrid solutions for reducing discharge. This 48-volt battery system for motor vehicles delivers four times the output of a 12-volt battery. The 48-volt battery system is widely used in mild hybrid vehicles.
Based on the vehicle type, lucrative growth is expected for the passenger car segment in the forecast period due to the high combination of the 48-volt battery system in cars such as the Buick LaCrosse and Renault Scenic. BMW and Audi are expected to integrate the 48-volt battery systems into some of their models.
Geographically, Europe will see lucrative growth over the forecast period as it is the manufacturer of the most luxurious and performance-driven vehicles. Additionally, most of the 48-volt battery system manufacturers are represented in Europe, which is expected to expand the 48-volt battery system market in the region over the forecast period.
Major players in the 48 volt automotive battery systems market include Aptiv PLC, BorgWarner, Continental, East Penn Manufacturing, EnerSys, Furukawa Electric, GS Yuasa, Hitachi, Johnson Controls, Robert Bosch, Valeo, Vicor and ZF Friedrichshafen.
What the report offers:
Market share assessments for the segments at regional and country levelStrategic recommendations for newcomersCovers market data for 2018, 2019, 2020, 2024 and 2027Market trends (drivers, restraints, opportunities, threats, challenges, investment opportunities and recommendations) Strategic recommendations in key business areas based on market assessments Competitive landscaping that the most important common trends depicts company profiles with detailed strategies, financial data and recent developments, supply chain trends, which depict the latest technological advances
Main topics covered:
3 market trend analysis
3.6 Emerging Markets
3.7 Effects of Covid-19
4 Carrier Five Forces Analysis
4.1 Suppliers' negotiating power
4.2 Bargaining power of buyers
4.3 Threat from substitutes
4.4 Newcomer threat
4.5 Competitive rivalry
5 Global Automotive 48 Volt Battery Systems Market by Component
5.2 48-volt lithium-ion battery
5.3 Power distribution box
5.4 AC / DC inverter
5.5 Battery regulator
6 Global market for 48-volt battery systems for motor vehicles after electric vehicles
6.2 Hybrid electric vehicle (HEV)
6.3 Mild Hybrid Electric Vehicle (MHEV)
6.4 Plug-in Hybrid Electric Vehicle (PHEV)
6.5 Battery electric vehicle (BEV)
7 Worldwide market for 48-volt battery systems for motor vehicles by vehicle type
7.2 Heavy commercial vehicle
7.3 Light commercial vehicle
7.4 Passenger cars
8 Global Automotive 48-Volt Battery Systems Market By Geographic Features
9 key developments
9.1 Agreements, partnerships, collaborations and joint ventures
9.2 Acquisitions and Mergers
9.3 New Product Introduction
9.5 Other key strategies
10 Company Profiling
10.1 Aptiv PLC
10.4 Manufacture of East Penn
10.6 Furukawa Electric
10.7 GS Yuasa
10.9 Johnson Controls
10.10 Robert Bosch
10.13 ZF Friedrichshafen
Please visit https://www.researchandmarkets.com/r/h6ghif for more information on this report
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