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AUTOMOTIVE 48V SYSTEM

Global Market Trajectory & Analytics

MCP10455

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  •  DATE

    JULY 2020

  •  TABLES

    74

  •  PAGES

    146

  •  EDITION

    9

  •  PRICE

    USD $4950


COVID-19 IMPACT SURVEY
Amid the COVID-19 crisis, the global market for Automotive 48V System estimated at 749.3 Thousand Units in the year 2020, is projected to reach a revised size of 40.1 Million Units by 2027, growing at a CAGR of 76.6% over the analysis period 2020-2027.Entry-Level Vehicle, one of the segments analyzed in the report, is projected to grow at a 77.6% CAGR to reach 33.7 Million Units by the end of the analysis period.After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Mid-Premium Vehicle segment is readjusted to a revised 75.2% CAGR for the next 7-year period. This segment currently accounts for a 14.8% share of the global Automotive 48V System market.
The Automotive 48V System market in the U.S. is estimated at 199.2 Thousand Units in the year 2020. The country currently accounts for a 26.58% share in the global market. China, the world second largest economy, is forecast to reach an estimated market size of 11.9 Million Units in the year 2027 trailing a CAGR of 89.4% through 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 62.6% and 70.5% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 66.2% CAGR while Rest of European market (as defined in the study) will reach 11.9 Million Units by the year 2027.
In the global Luxury Vehicle segment, USA, Canada, Japan, China and Europe will drive the 55.8% CAGR estimated for this segment. These regional markets accounting for a combined market size of 25.3 Thousand Units in the year 2020 will reach a projected size of 563.3 Thousand Units by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach 7.1 Million Units by the year 2027, while Latin America will expand at a 60.8% CAGR through the analysis period. We bring years of research experience to this 9th edition of our report. The 146-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.
Competitors identified in this market include, among others, Bosch Mobility Solutions; Continental AG; Valeo SA
» End-Use (Entry-Level Vehicle, Mid-Premium Vehicle, Luxury Vehicle)
» World » United States » Canada » Japan » China » Europe » France » Germany » Italy » United Kingdom » Spain » Russia » and Rest of Europe » Asia-Pacific » Australia » India » South Korea » and Rest of Asia-Pacific » Latin America » Argentina » Brazil » Mexico » and Rest of Latin America » Middle East » Iran » Israel » Saudi Arabia » United Arab Emirates » and Rest of Middle East » and Africa

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