Automotive 48V System Market

Automotive 48V System Market Size, Share, Growth Analysis, By Architecture(Belt Driven (P0), Crankshaft Mounted (P1)), By Vehicle Class(Entry, Mid), By Region(North America, U.S.) - Industry Forecast 2024-2031


Report ID: UCMIG25A2024 | Region: Global | Published Date: Upcoming |
Pages: 165 | Tables: 55 | Figures: 60

Automotive 48V System Market Insights

Market Overview:

Because it meets Safety-Extra Low-Voltage (SELV) requirements, the 48V system range is effective regardless of capping voltages below a 60V cut-off. The 48-volt battery and system power the hybrid motor and supercharger, allowing the vehicle to launch faster and smoother, eliminating turbo lag. It also supports items with higher electrical loads, such as air conditioning. A hybrid generator, inverters, and DC/DC converter boost the 12-volt battery and system from the 48-volt system. This maintains the 12-volt battery's charge and thermal management, allowing it to power active safety and infotainment features. Furthermore, 48V architectures provide the best balance of meeting regulations, performance, weight, and cost. The automotive 48V system market is divided into architecture, vehicle class, component, and application.

Automotive 48V System Market, Forecast & Y-O-Y Growth Rate, 2020 - 2028
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This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.

Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.

The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Auto Parts & Equipment by segment aggregation, the contribution of the Auto Parts & Equipment in Automobiles & Components and vendor share.

To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.

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FAQs

The global market for Automotive 48V System was estimated to be valued at US$ XX Mn in 2021.

The global Automotive 48V System Market is estimated to grow at a CAGR of XX% by 2028.

The global Automotive 48V System Market is segmented on the basis of Architecture, Vehicle Class, Region.

Based on region, the global Automotive 48V System Market is segmented into North America, Europe, Asia Pacific, Middle East & Africa and Latin America.

The key players operating in the global Automotive 48V System Market are BorgWarner Inc., Robert Bosch GmbH, CONTINENTAL AG, Dana Limited, Delphi Technologies, GKN (Melrose Industries PLC), Lear Corporation, Magna International Inc, MAHLE Powertrain Ltd, Valeo SA..

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Automotive 48V System Market

Product ID: UCMIG25A2024

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