The global automotive 48V system market was valued at USD 2.30 billion in 2021, and is projected to reach USD 28.00 billion by 2030, registering a CAGR of 29.1% from 2022 to 2030

The significant factors are the surge in demand for 48V in mild hybrids and low-powered BEVs because of their low cost.

Major market player included in this report are:
BorgWarner Inc.
Continental AG
Delphi Technologies Plc
Hella GmbH & Co. KGaA
Hitachi Ltd.
Magna International Inc.
Mitsubishi Electric Corp.
Robert Bosch GmbH
Schaeffler AG
Valeo SA

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Application
Mild Hybrid Vehicles
Low-Powdered Battery Electric Vehicle
Others
By Distribution Channel
OEM
Aftermarket


By Region:
North America
U.S.
Canada
Mexico
Europe
UK
Germany
France
Spain
Italy
Rusia
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
UAE
Saudi Arabia
South Africa
Rest of MEA

Furthermore, years considered for the study are as follows:

Historical year 2017, 2020
Base year 2021
Forecast period 2022 to 2030.

Target Audience of the Global Automotive 48V System Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors