27 September 2018: The global automotive electric system market is poised to display high growth with high CAGR in forthcoming period. Internal combustion (IC) engines and progressive heavy electric vehicles (PHEV) are losing out to battery driven automotive electric vehicles system market that is gaining lost ground by advancements in electric engine models and displaying exponential leverage in an otherwise static industry.
Growth in automotive electric systems market include rise in electric vehicle charging stations that conduct a fuel-free operation devoid of carbon gases and profit-maximization by the increase in petroleum reserves. Automotive Electric Systems market is attributed with faster acceleration, smooth transmission and is maintenance-free in comparison to I.C engines adding to growth of automotive electric system industry. AC charging stations are preferred over DC charging stations and are projected to lead industry vertical attributing it to convenience, retrofit engine and unnecessary encumbrances working on 120-230V home supply.
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Hybrid automotive cars are an offset of the electric automotive vehicles both electric and petrol pulling the car. The petrol engine takes care of ignition power and uphill drives ordinarily achieved in power-thrust, characteristic of petrol engines whereas sedate speeds of forty on highways are accomplished by electric vehicle that make do with less power. Public charging stations are gaining ground over private charging stations with installations in taxi-stands, airports, fast-food cafes, bistros and parking lots. Segmentation of automotive electric systems market by type includes gasoline automotive, diesel automotive, hybrid automotive, flex fuel automotive and others. Segmentation of automotive electric system market by application includes passenger cars, commercial vehicles and others.
Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD), market share and growth rate of Automotive Electric Systems in these regions, from 2013 to 2025 (forecast), covering
- United States
- South Korea
Global Automotive Electric Systems market competition by top manufacturers, with production, price, revenue (value) and market share for each manufacturer; the top players including
- Robert Bosch GmbH
- Denso Corp
- Lear Corp
- Delphi Automotive PLC
- Valeo SA
- Sumitomo Electric Industries
- Hitachi Automotive Systems
- Mitsubishi Electric Corp
- Brose Fahrzeugteile GmbH
On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
- Engine Control Systems
- Chassis Control Systems
- Auto Body Electronic Control Systems
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