The report Vehicle Electrification Market - Trends & Forecast to 2019, defines and segments the automotive coolant and lubricant markets with analysis and forecast of the global volume and value.

Browse 84 market data tables and 75 figures spread through 157 pages and in-depth TOC on Vehicle Electrification Market - Trends & Forecast to 2019

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Global vehicle electrification market is estimated to be valued at $16.69 billion in 2014 and is projected to reach $30.74 billion growing at a healthy CAGR of 13.0%. The growth in this market is primarily propelled by increasing prices of conventional fuels, sales growth of electric vehicles (EVs), stringent emission norms and greater demand for engine downsizing and better fuel economy. In addition, tax exemption and subsidy provided by government of various countries will also create better opportunities for the vehicle electrification market.

In this research study global market is classified into three major segments such as vehicle electrification market by region (Asia-Oceania, North America, Europe, and RoW) along with key countries in each region, by product type (start/stop system, electric power steering (EPS), liquid heater PTC, electric air-conditioner compressor, electric vacuum pump, electric oil pump, and electric water pump) and by the degree of hybridization (internal combustion engine (ICE) and micro hybrid, hybrid electric vehicle (HEV), plug-in hybrid electric vehicle (PHEV), and battery electric vehicle (BEV)/electric vehicle (EV)/fuel cell electric vehicle (FCEV)).

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The report also provides a comprehensive review of market drivers, restraints, opportunities, challenges, and key issues in the global vehicle electrification market. The key players in the market for vehicle electrification have also been identified and profiled. Apart from quantitative analysis of these markets, the report also covers qualitative aspects such as value chain analysis, PEST analysis and Porter’s five force analysis for the global market.

The global vehicle electrification market is dominated by few major players with many other small/medium players. Few of the key players are Robert Bosch GmbH. (Germany), Continental AG (Germany), ZF Friedrichshafen AG (Germany), Denso Corporation (Japan), JTEKT Corporation (Japan), Nexteer Automotive (U.S.), TRW Automotive Holding s Corp. (U.S.) and Mitsubishi Electric Corporation (Japan). The major strategy adopted by these key market players is geographic expansion and new product development.

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