Global Automotive 48V System Market Report, History and Forecast 2014-2025, Breakdown Data by Manufacturers, Key Regions, Types and Application


To achieve the emission targets, OEMs are implementing more electronic units, lightweight designs, and electrification of powertrains in their vehicle models. Moreover, the demand for increased safety and comforts such as heated seats, power steering, and advanced driver assistance systems among consumers have propelled the adoption of electronic units, which will subsequently put a high load on the vehicle’s battery system. Such requirements have prompted the OEMS to develop a dual voltage architecture, which includes 48V supply and can be used to satisfy the power demand for components in the vehicle. Since the safety voltage level for vehicles is 60V, it has further contributed to the growing preference for the 48V system so that the system does not exceed the safety voltage level.
Geographically, Technavio expects Europe to lead the global automotive 48V system market by 2021. The regulations of emission to achieve 2020 targets and reduction in 48V vehicle cost during the forecast period will fuel the adoption of automotive 48V systems in Europe. Being the economic strength of the region, the automotive industry is witnessing several research and developments into 48V system vehicles.
A few large vendors occupy the global automotive 48V system market. These players are large automotive component suppliers with diverse product portfolio within the automotive industry. With the 48V system being a relatively new concept, the vendors investing into this product line require strong cash inflow to carry out product development.
The global Automotive 48V System market was 10100 million US$ in 2018 and is expected to 862600 million US$ by the end of 2025, growing at a CAGR of 88.8% between 2019 and 2025.

This report studies the Automotive 48V System market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Automotive 48V System in these regions, from 2014 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)

The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
Delphi Automotive
Abbott Vascular
Biosensors International
C. R. Bard
By the product type, the market is primarily split into
Mild-hybrid Vehicles
Low-power BEVs
By the end users/application, this report covers the following segments
Entry-level vehicles
Mid-premium vehicles
Luxury vehicles

We can also provide the customized separate regional or country-level reports, for the following regions:
North America
United States
South Korea
Rest of Asia-Pacific
Rest of Europe
Central & South America
Rest of Central & South America
Middle East & Africa
GCC Countries
South Africa
Rest of Middle East & Africa

The study objectives of this report are:
To study and analyze the global Automotive 48V System market size (value & volume) by company, key regions/countries, products and application, history data from 2014 to 2018, and forecast to 2025.
To understand the structure of Automotive 48V System market by identifying its various subsegments.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
Focuses on the key global Automotive 48V System manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Automotive 48V System with respect to individual growth trends, future prospects, and their contribution to the total market.
To project the value and volume of Automotive 48V System submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.

In this study, the years considered to estimate the market size of Automotive 48V System are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025

This report includes the estimation of market size for value (million USD) and volume (MT). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Automotive 48V System market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.

For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.

Key Stakeholders
Raw material suppliers
Regulatory bodies, including government agencies and NGO
Commercial research & development (R&D) institutions
Importers and exporters
Government organizations, research organizations, and consulting firms
Trade associations and industry bodies
End-use industries

Available Customizations
With the given market data, offers customizations according to the company's specific needs. The following customization options are available for the report:
Further breakdown of Automotive 48V System market on basis of the key contributing countries.
Detailed analysis and profiling of additional market players.