Global Automotive 48V System Market Research Report 2019 (Includes Business Impact of COVID-19)

                                          
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 is valued at 10100 million US$ in 2018 is expected to reach 862600 million US$ by the end of 2025, growing at a CAGR of 88.8% during 2019-2025.
This report focuses on Automotive 48V System volume and value at global level, regional level and company level. From a global perspective, this report represents overall Automotive 48V System market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.

The following manufacturers are covered:
    Bosch
    Continental
    Delphi Automotive
    Valeo
    Abbott Vascular
    Abiomed
    AtriCure
    Biosensors International
    Biotronik
    BioVentrix
    C. R. Bard

Segment by Regions
    North America
    Europe
    China
    Japan

Segment by Type
    Mild-hybrid Vehicles
    Low-power BEVs

Segment by Application
    Entry-level vehicles
    Mid-premium vehicles
    Luxury vehicles