Portland, OR -- (SBWIRE) -- 08/04/2017 -- Vehicle Electrification helps companies or induvial to move their vehicle/ freight from origin to destination reliably, cost effectively, and efficiently. In addition, Vehicle Electrification is a movement of products, material, and services from one area to another both with high efficiency, and at minimum cost. Global Vehicle Electrification market is expected to witness lucrative growth rate during the forecast period. This is mainly due to its advantages such as decrease freight costs, improve transportation information visibility, improve on-time delivery performance, and automated routing and rating.

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The market has been segmented into transportation type, connectivity, solution, and geography. The transportation type is segmented into automotive, rolling stone, marine. The connectivity is segmented into short, long, cloud. The solution is segmented into tracking and optimization.

Market Dynamics:

Drivers:

Decreasing permissible limits in emission regulations & raised fuel economy bars

Increasing demand for reliable electric systems in vehicles

Need of light weighted automobiles to improve fuel efficiency and reduced carbon emission

Restraints:

Complex and expensive technology
Higher cost of electric systems

Market Players:
Top market players profiled in the report are Robert Bosch GmbH, Continental AG, Denso Corporation, Delphi Automotive PLC, Johnson Electric Holdings Ltd., Volkswagen, Toyota Motor Corporation, Honda Motor Co. Ltd, Mitsubishi Electric Corporation, TRW Automotive Holdings Corp, and Wabco.

MARKET LANDSCAPE

By Vehicle Type
Two-wheeler
Passenger cars
Commercial vehicle

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By Product Type
Start/Stop System
Electric Power Steering (EPS)
Electric Air-Conditioner Compressor
Electric Vacuum Pump
Electric Oil Pump
Electric Water Pump
Liquid Heater PTC
Integrated Starter Generator (ISG)
Starter Motor & Alternator
Actuators

By Degree of Hybridization
Internal Combustion Engine (ICE) & Micro-Hybrid Vehicle
Hybrid Electric Vehicle (HEV)
Plug-In Hybrid Electric Vehicle (PHEV),
Battery Electric Vehicle (BEV)
48V Mild-Hybrid

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