Increasing demand for large ships and vessel containers across the globe drives smart fleet management market. (1)

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Vehicles drives Vehicle Electrification Market
by Product (Start-Stop, PTC, EPS, Electric
AirConditioner, ISG,Starter Motor, Alternator,
Actuator, Electric Pump-Vacuum, Oil Water), 48V
Mild-Hybrid, Degree of Hybridization, and Vehicle
Type- Global Forecast to 2022
www.MarketsandMarkets.com
2
Stringent emission norms and fuel economy
standards to drive the vehicle electrification
market The vehicle electrification market is
projected to grow at a CAGR of 8.17 during the
forecast period, to reach a market size of USD
92.59 billion by 2022. The implementation of
stringent emission norms and fuel economy
standards globally as well as increasing vehicle
production are driving the vehicle
electrification market. Alternatively, the high
cost of electric vehicles can undermine the
demand for vehicle electrification. PDF
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The market for plug-in hybrid electric vehicles
(phev) is estimated to witness the fastest growth
in the vehicle electrification market Plug-in
hybrid electric vehicles are projected to lead
the vehicle electrification market, in terms of
value, during the forecast period. Automakers are
seeing plug-in hybrids as the gateway to electric
vehicles. Government tax incentives and state
rebates have boosted the proliferation of plug-in
hybrid vehicles. Asia-oceania and north america
are estimated to be the fastest growing markets
for plug-in hybrid electric vehicles. Increasing
charging infrastructure in north america is
responsible for the shift from conventional ice
vehicles to phev. Oems in this region have also
invested a significant amount in the development
of vehicle electrification. This would also drive
the demand for plug-in hybrid electric
vehicles. Request for Customizationhttps//www
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Browse gtgt 108 market data
tables 62 figures
237 pages and in-depth TOC on
Vehicle Electrification Market - Global Forecast
to 2022 Early buyers will receive 10
customization on this report. This is a
Premium Report Priced at US 5650 for single
user. Corporate User US8150 This study
answers several questions for the stakeholders,
primarily which market segments to focus on in
the next two to five years to prioritize efforts
and investments.
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Asia-Oceania Largest vehicle electrification
market in the automotive industry Asia-Oceania
is estimated to lead the vehicle electrification
market, as the region represents countries such
as China, Japan, South Korea, and India with the
worlds highest vehicle production. The
automobile industry is flourishing in this
region, especially in South Asia. Additionally,
Asia-Oceania has created hubs for automobile
manufacturers and automotive component suppliers.
Stringent emission norms and fuel economy
standards of these countries would help to create
more opportunities for vehicle electrification.
Countries such as China and India have plans to
upgrade their emission regulations by 2020. For
instance, India is planning to skip BS V
regulations by leapfrogging to BS VI. This is a
positive development for the vehicle
electrification market. Additionally, the demand
for electric and electronic components in
vehicles helps to increase the trend of vehicle
electrification. Request Sample _at_
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• Target audience
• Suppliers of vehicle electrification
• Raw material manufacturers of vehicle
  electrification components (suppliers for Tier I)
  
• Traders, distributors, and suppliers of vehicle
  electrification components or raw materials
• Regional manufacturer associations
• Automotive OEMs
• Organized and unorganized aftermarket suppliers
• Governments national and regional environmental
  regulatory agencies or organizations
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• https//www.marketsandmarkets.com/speaktoanalystNe
  w.asp?id224946587

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• Key players -
• To enable an in-depth understanding of the
  competitive landscape, the report includes
  profiles of some of the top players in the
  Vehicle Electrification Market. These players
  include
• Robert Bosch GmbH (Germany),
• Continental AG (Germany),
• Delphi Automotive PLC (U.K.),
• Denso Corporation (Japan),
• Hitachi Electric (Hong Kong).
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