Automotive 48V System Market 2021-2025

The publisher has been monitoring the automotive 48V system market and it is poised to grow by 17.39 mn units during 2021-2025, decelerating at a CAGR of almost 53% during the forecast period. The report on automotive 48v system market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the stringent regulations to control emissions and automotive battery manufacturers developing 48V battery system.

The automotive 48V system market analysis include application segment and geographic landscape.

The automotive 48V system market is segmented as below:

By Application

• Mild HEVs
• Low-powered BEVs
• Others

By Geography

• APAC
• Europe
• North America
• South America
• MEA

This study identifies the favorable environment supporting EV adoption globally as one of the prime reasons driving the automotive 48v system market growth during the next few years.

The report on automotive 48V system market covers the following areas:

• Automotive 48V system market sizing
• Automotive 48V system market forecast
• Automotive 48V system market industry analysis

The publisher's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading automotive 48V system market vendors that include AVL List GmbH, BorgWarner Inc., Continental AG, HELLA GmbH & Co. KGaA, Hitachi Ltd., Magna International Inc., Mitsubishi Electric Corp., Robert Bosch GmbH, Schaeffler AG, and Valeo SA. Also, the automotive 48V system market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.