48 Volt Battery System Market Forecast to 2027 - Covid-19 Impact and Global Analysis - by Component (AC/DC Inverter, 48-volt Lithium Ion Battery, Battery Controller, Power Distribution Box); Vehicle Type (Passenger Vehicle, Light Commercial Vehicle, Heavy Commercial Vehicle) and Geography
Report Code: TIPRE00010253 No. of Pages: 150 Category: Automotive and Transportation Status: Upcoming
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MARKET INTRODUCTION
The 48-volt battery system includes a 48-volt lithium-ion battery, battery controller, AC/DC inverter, and power distribution box. The 48-volt battery system offers four-times the power of a 12-volt battery. The 48-volt battery system has been extensively adopted in mild hybrid vehicles and is possible to be adopted by luxury vehicles during the forecast period in order to increase the performance and efficiency of vehicles.
MARKET DYNAMICS
The 48-volt battery system empowers the battery to be recharged by regenerative braking, thereby refining the efficiency of battery, which in turn is a significant factor driving the growth of the 48-volt battery system market. The increased requirement for mild hybrid vehicles in evolving countries, owing to their cost-effectiveness and efficiency, is expected to boost the market for the 48-volt battery system.
MARKET SCOPE
The "Global 48 Volt Battery System Market Analysis to 2027" is a specialized and in-depth study of the 48 volt battery system market with a special focus on the global market trend analysis. The report aims to provide an overview of 48 volt battery system market with detailed market segmentation by component, vehicle type. The global 48 volt battery system market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading 48 volt battery system market players and offers key trends and opportunities in the 48 volt battery system market.
MARKET SEGMENTATION
The global 48 volt battery system market is segmented on the basis of component, vehicle type. On the basis of component, the market is segmented as AC/DC inverter, 48-volt lithium ion battery, battery controller, power distribution box. On the basis of vehicle type, the market is segmented as passenger vehicle, light commercial vehicle, heavy commercial vehicle.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global 48 volt battery system market based on various segments. It also provides market size and forecast estimates from year 2017 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The 48 volt battery system market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting 48 volt battery system market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the 48 volt battery system market in these regions.
The reports cover key developments in the 48 volt battery system market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from 48 volt battery system market are anticipated to lucrative growth opportunities in the future with the rising demand for 48 volt battery system market. Below mentioned is the list of few companies engaged in the 48 volt battery system market.
The report also includes the profiles of key 48 volt battery system market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
The 48-volt battery system includes a 48-volt lithium-ion battery, battery controller, AC/DC inverter, and power distribution box. The 48-volt battery system offers four-times the power of a 12-volt battery. The 48-volt battery system has been extensively adopted in mild hybrid vehicles and is possible to be adopted by luxury vehicles during the forecast period in order to increase the performance and efficiency of vehicles.
MARKET DYNAMICS
The 48-volt battery system empowers the battery to be recharged by regenerative braking, thereby refining the efficiency of battery, which in turn is a significant factor driving the growth of the 48-volt battery system market. The increased requirement for mild hybrid vehicles in evolving countries, owing to their cost-effectiveness and efficiency, is expected to boost the market for the 48-volt battery system.
MARKET SCOPE
The "Global 48 Volt Battery System Market Analysis to 2027" is a specialized and in-depth study of the 48 volt battery system market with a special focus on the global market trend analysis. The report aims to provide an overview of 48 volt battery system market with detailed market segmentation by component, vehicle type. The global 48 volt battery system market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading 48 volt battery system market players and offers key trends and opportunities in the 48 volt battery system market.
MARKET SEGMENTATION
The global 48 volt battery system market is segmented on the basis of component, vehicle type. On the basis of component, the market is segmented as AC/DC inverter, 48-volt lithium ion battery, battery controller, power distribution box. On the basis of vehicle type, the market is segmented as passenger vehicle, light commercial vehicle, heavy commercial vehicle.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global 48 volt battery system market based on various segments. It also provides market size and forecast estimates from year 2017 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The 48 volt battery system market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting 48 volt battery system market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the 48 volt battery system market in these regions.
The reports cover key developments in the 48 volt battery system market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from 48 volt battery system market are anticipated to lucrative growth opportunities in the future with the rising demand for 48 volt battery system market. Below mentioned is the list of few companies engaged in the 48 volt battery system market.
The report also includes the profiles of key 48 volt battery system market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- A123 Systems LLC
- Delphi Technologies
- East Penn Manufacturing Company
- EnerSys
- FURUKAWA ELECTRIC CO., LTD
- GS Yuasa International Ltd.
- Hitachi, Ltd.
- Johnson Controls.
- Robert Bosch GmbH
- Valeo
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.