Vehicle Electrification Market Report 2026
Download Free Sample Buy Now
Vehicle Electrification Market Report Infographic Image
Item added to cart!

Published : February 2026

Pages : 200

Format : PDF

Delivery Time : 2-3 Business Days

Report Price : $4490.00

Purchase This Report Download Sample PDF
Purchase This Report

Vehicle Electrification Market Report 2026

Global Outlook – By Product Type (Starter Motor, Alternator, Electric Car Motors, Electric Water Pumps, Electric Oil Pump, Electric Vacuum Pump, Electric Fuel Pump, Electric Power Steering, Actuators, Start Or Stop System), By Vehicle Type (Internal Combustion Engine Vehicle, Micro And Full Hybrid Vehicle, Plug-In Hybrid Electric Vehicle (PHEV) And Battery Electric Vehicle (BEV)), By Sales Channel (Original Equipment Manufacturers (OEM), Aftermarket) – Market Size, Trends, Strategies, and Forecast to 2035

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

Vehicle Electrification Market Overview

• Vehicle Electrification market size has reached to $101.59 billion in 2025

• Expected to grow to $169.03 billion in 2030 at a compound annual growth rate (CAGR) of 10.7%

• Growth Driver: Growing Popularity Of Hybrid Vehicles And The Vehicle Electrification Boom

• Market Trend: Workhorse Group launches medium-duty electric work trucks with help of Siemens software

• Asia-Pacific was the largest region in 2025.

What Is Covered Under Vehicle Electrification Market?

Vehicle electrification is the process of replacing vehicle components that operate on a conventional energy source with those that operate on electricity. The vehicle electrification is used to power the vehicle by electricity.

The main product types included in vehicle electrification market are starter motors, alternators, electric car motors, electric water pumps, electric oil pumps, electric vacuum pumps, electric fuel pumps, electric power steering, actuators, and start/stop systems. The starter motor is an electrical device used to rotate an internal combustion engine to initiate the engine operation on its own. Vehicle electrification is mainly used in various vehicle types such as internal combustion engine vehicle, micro and full hybrid vehicle and plug-in hybrid electric vehicle (PHEV) and battery electric vehicle (BEV) and are sold through sales channels original equipment manufacturers (OEM) and aftermarket.

Vehicle Electrification Market Global Report market report bar graph

What Is The Vehicle Electrification Market Size and Share 2026?

The vehicle electrification market size has grown rapidly in recent years. It will grow from $101.59 billion in 2025 to $112.38 billion in 2026 at a compound annual growth rate (CAGR) of 10.6%. The growth in the historic period can be attributed to emission regulations, fuel efficiency mandates, adoption of alternators and starters, automotive electrification initiatives, hybrid vehicle rollout.

What Is The Vehicle Electrification Market Growth Forecast?

The vehicle electrification market size is expected to see rapid growth in the next few years. It will grow to $169.03 billion in 2030 at a compound annual growth rate (CAGR) of 10.7%. The growth in the forecast period can be attributed to acceleration of ev adoption, battery cost reduction, electrified drivetrain demand, smart power management systems, government ev incentives. Major trends in the forecast period include rapid adoption of electric powertrain components, integration of start-stop systems, growth of electric auxiliary systems, expansion of hybrid vehicles, demand for energy-efficient components.

Customer representative image Book your 30 minutes free consultation with our research experts
Contact Us

Global Vehicle Electrification Market Segmentation

1) By Product Type: Starter Motor, Alternator, Electric Car Motors, Electric Water Pumps, Electric Oil Pump, Electric Vacuum Pump, Electric Fuel Pump, Electric Power Steering, Actuators, Start Or Stop System

2) By Vehicle Type: Internal Combustion Engine Vehicle, Micro And Full Hybrid Vehicle, Plug-In Hybrid Electric Vehicle (PHEV) And Battery Electric Vehicle (BEV)

3) By Sales Channel: Original Equipment Manufacturers (OEM), Aftermarket

Subsegments:

1) By Starter Motor: Conventional Starter Motors, Brushless Starter Motors

2) By Alternator: Conventional Alternators, Smart Alternators

3) By Electric Car Motors: Ac Motors, Dc Motors, Permanent Magnet Motors

4) By Electric Water Pumps: Circulation Pumps, Cooling Pumps

5) By Electric Oil Pump: Engine Oil Pumps, Transmission Oil Pumps

6) By Electric Vacuum Pump: Diaphragm Vacuum Pumps, Piston Vacuum Pumps

7) By Electric Fuel Pump: In-Tank Fuel Pumps, Inline Fuel Pumps

8) By Electric Power Steering: Column-Mounted Electric Power Steering, Rack-Mounted Electric Power Steering

9) By Actuators: Electric Throttle Actuators, Electric Brake Actuators

10) By By Start Or Stop System: Automatic Start Or Stop Systems, Manual Start Or Stop Systems

What Is The Driver Of The Vehicle Electrification Market?

The increase in demand for hybrid vehicles is propelling the growth of the vehicle electrification market. Hybrid vehicles have an internal combustion engine and one or more electric motors, any one source can be used to run the vehicle. Hybrid vehicles provide fuel economy and help in reducing emissions as they provide an option to run on an electric battery. The increasing demand for hybrid vehicles is due to the shift of focus to reducing emissions by opting for electric vehicles. The demand is also due to the rise in the income levels and the young population. As the demand increases for hybrid vehicles, there will be a significant need for electrification of vehicles as it is the way to make a normal vehicle a hybrid one. For instance, in December 2024, according to Eurostat, an EU-based statistical agency, in 2023 21.1% of new passenger-car registrations in the European Union were non-plug-in hybrid petrol-electric vehicles, reflecting a significant adoption of hybrid technology. Therefore, the increasing demand for hybrid vehicles is expected to drive the growth of the vehicle electrification industry.

What Is The Driver Of The Vehicle Electrification Market?

The increase in demand for hybrid vehicles is propelling the growth of the vehicle electrification market. Hybrid vehicles have an internal combustion engine and one or more electric motors, any one source can be used to run the vehicle. Hybrid vehicles provide fuel economy and help in reducing emissions as they provide an option to run on an electric battery. The increasing demand for hybrid vehicles is due to the shift of focus to reducing emissions by opting for electric vehicles. The demand is also due to the rise in the income levels and the young population. As the demand increases for hybrid vehicles, there will be a significant need for electrification of vehicles as it is the way to make a normal vehicle a hybrid one. For instance, in December 2024, according to Eurostat, an EU-based statistical agency, in 2023 21.1% of new passenger-car registrations in the European Union were non-plug-in hybrid petrol-electric vehicles, reflecting a significant adoption of hybrid technology. Therefore, the increasing demand for hybrid vehicles is expected to drive the growth of the vehicle electrification industry.

Global Vehicle Electrification Market Trends and Insights

Major companies operating in the vehicle electrification market are focused on developing technological advancement such as medium-duty electric work trucks, utilizing Siemens software to enhance design and engineering processes. Medium-duty electric work trucks, utilizing Siemens software are electric vehicles designed for commercial use, capable of handling moderate loads and tasks. For instance, in October 2024, Workhorse Group, a U.S-based company launched medium-duty electric work trucks, focuses on developing electric vehicles and sustainable transportation solutions. Medium-duty electric work trucks, utilizing Siemens software, refer to commercially designed electric vehicles that feature an electric powertrain, improved efficiency through optimized designs, regenerative braking, telematics for real-time monitoring, customizable configurations, and user-friendly interfaces, all aimed at enhancing performance and reliability in various applications.

Need data on a specific region in this market?
Request Regional Data

What Are Latest Mergers And Acquisitions In The Vehicle Electrification Market?

In July 2024, Porsche, a Germany-based company is known for its high-performance sports cars and is part of the Volkswagen Group acquired Varta batteries for an undisclosed amount. Porsche aims to acquire Varta batteries to secure a reliable supply, enhance electrification, leverage innovative technology, and gain a competitive advantage in the EV market. Varta AG, Ellwangen, Germany-based specializes in manufacturing batteries for automotive, industrial, and consumer applications.

Regional Outlook

Asia-Pacific was the largest region in the vehicle electrification market in 2025. The regions covered in this market report include Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in this market report include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain

What Defines the Vehicle Electrification Market?

The vehicle electrification market includes revenues earned by entities by light, medium, and heavy-duty vehicle electrification. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

How is Market Value Defined and Measured?

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

What Key Data and Analysis Are Included in the Vehicle Electrification Market Report 2026?

The vehicle electrification market research report is one of a series of new reports from The Business Research Company that provides market statistics, including industry global market size, regional shares, competitors with the market share, detailed market segments, market trends and opportunities, and any further data you may need to thrive in the vehicle electrification industry. The market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future state of the industry.

Author : Abhilash Pyata

Vehicle Electrification Market Report Forecast Analysis

Report AttributeDetails
Market Size Value In 2026 $112.38 billion
Revenue Forecast In 2035 $169.03 billion
Growth Rate CAGR of 10.6% from 2026 to 2035
Base Year For Estimation 2025
Actual Estimates/Historical Data 2020-2025
Forecast Period 2026 - 2030 - 2035
Market Representation Revenue in USD Billion and CAGR from 2026 to 2035
Segments Covered Product Type, Vehicle Type, Sales Channel
Regional Scope Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Country Scope The countries covered in the report are Australia, Brazil, China, France, Germany, India, ...
Key Companies Profiled Volkswagen AG, Toyota Motor Corporation, Ford Motor Company, Mercedes-Benz Group AG, General Motors Company, Bayerische Motoren Werke AG, Hyundai Motor Company, Honda Motor Co Ltd., Robert Bosch GmbH, Tesla Inc., Nissan Motor Co Ltd., Kia Corporation, BYD Company Limited, Audi AG, Volvo Group AB, Denso Corporation, Continental AG, Magna International Inc., Mitsubishi Electric Corporation, Aisin Seiki Co Ltd., Jaguar Land Rover Automotive plc, BorgWarner Inc., NIO Inc., Li Auto Inc., XPeng Inc., Rivian Automotive Inc., Delphi Technologies, Polestar AB, Lucid Motors Inc., Fisker Inc., Lordstown Motors Corp, Canoo Inc., Arrival Ltd., Proterra Inc., Faraday Future Inc., Rimac Automobili d.o.o.
Customization ScopeRequest for Customization
Pricing And Purchase OptionsExplore Purchase Options

Table Of Contents

1. Executive Summary

1.1. Key Market Insights (2020-2035)

1.2. Visual Dashboard: Market Size, Growth Rate, Hotspots

1.3. Major Factors Driving the Market

1.4. Top Three Trends Shaping the Market

2. Vehicle Electrification Market Characteristics

2.1. Market Definition & Scope

2.2. Market Segmentations

2.3. Overview of Key Products and Services

2.4. Global Vehicle Electrification Market Attractiveness Scoring And Analysis

2.4.1. Overview of Market Attractiveness Framework

2.4.2. Quantitative Scoring Methodology

2.4.3. Factor-Wise Evaluation

Growth Potential Analysis, Competitive Dynamics Assessment, Strategic Fit Assessment And Risk Profile Evaluation

2.4.4. Market Attractiveness Scoring and Interpretation

2.4.5. Strategic Implications and Recommendations

3. Vehicle Electrification Market Supply Chain Analysis

3.1. Overview of the Supply Chain and Ecosystem

3.2. List Of Key Raw Materials, Resources & Suppliers

3.3. List Of Major Distributors and Channel Partners

3.4. List Of Major End Users

4. Global Vehicle Electrification Market Trends And Strategies

4.1. Key Technologies & Future Trends

4.1.1 Electric Mobility & Transportation Electrification

4.1.2 Sustainability, Climate Tech & Circular Economy

4.1.3 Autonomous Systems, Robotics & Smart Mobility

4.1.4 Industry 4.0 & Intelligent Manufacturing

4.1.5 Digitalization, Cloud, Big Data & Cybersecurity

4.2. Major Trends

4.2.1 Rapid Adoption Of Electric Powertrain Components

4.2.2 Integration Of Start-Stop Systems

4.2.3 Growth Of Electric Auxiliary Systems

4.2.4 Expansion Of Hybrid Vehicles

4.2.5 Demand For Energy-Efficient Components

5. Vehicle Electrification Market Analysis Of End Use Industries

5.1 Automotive Oems

5.2 Tier-1 Component Suppliers

5.3 Electric Vehicle Manufacturers

5.4 Fleet Operators

5.5 Aftermarket Service Providers

6. Vehicle Electrification Market - Macro Economic Scenario Including The Impact Of Interest Rates, Inflation, Geopolitics, Trade Wars and Tariffs, Supply Chain Impact from Tariff War & Trade Protectionism, And Covid And Recovery On The Market

7. Global Vehicle Electrification Strategic Analysis Framework, Current Market Size, Market Comparisons And Growth Rate Analysis

7.1. Global Vehicle Electrification PESTEL Analysis (Political, Social, Technological, Environmental and Legal Factors, Drivers and Restraints)

7.2. Global Vehicle Electrification Market Size, Comparisons And Growth Rate Analysis

7.3. Global Vehicle Electrification Historic Market Size and Growth, 2020 - 2025, Value ($ Billion)

7.4. Global Vehicle Electrification Forecast Market Size and Growth, 2025 - 2030, 2035F, Value ($ Billion)

8. Global Vehicle Electrification Total Addressable Market (TAM) Analysis for the Market

8.1. Definition and Scope of Total Addressable Market (TAM)

8.2. Methodology and Assumptions

8.3. Global Total Addressable Market (TAM) Estimation

8.4. TAM vs. Current Market Size Analysis

8.5. Strategic Insights and Growth Opportunities from TAM Analysis

9. Vehicle Electrification Market Segmentation

9.1. Global Vehicle Electrification Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Starter Motor, Alternator, Electric Car Motors, Electric Water Pumps, Electric Oil Pump, Electric Vacuum Pump, Electric Fuel Pump, Electric Power Steering, Actuators, Start Or Stop System

9.2. Global Vehicle Electrification Market, Segmentation By Vehicle Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Internal Combustion Engine Vehicle, Micro And Full Hybrid Vehicle, Plug-In Hybrid Electric Vehicle (PHEV) And Battery Electric Vehicle (BEV)

9.3. Global Vehicle Electrification Market, Segmentation By Sales Channel, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Original Equipment Manufacturers (OEM), Aftermarket

9.4. Global Vehicle Electrification Market, Sub-Segmentation Of Starter Motor, By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Conventional Starter Motors, Brushless Starter Motors

9.5. Global Vehicle Electrification Market, Sub-Segmentation Of Alternator, By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Conventional Alternators, Smart Alternators

9.6. Global Vehicle Electrification Market, Sub-Segmentation Of Electric Car Motors, By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Ac Motors, Dc Motors, Permanent Magnet Motors

9.7. Global Vehicle Electrification Market, Sub-Segmentation Of Electric Water Pumps, By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Circulation Pumps, Cooling Pumps

9.8. Global Vehicle Electrification Market, Sub-Segmentation Of Electric Oil Pump, By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Engine Oil Pumps, Transmission Oil Pumps

9.9. Global Vehicle Electrification Market, Sub-Segmentation Of Electric Vacuum Pump, By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Diaphragm Vacuum Pumps, Piston Vacuum Pumps

9.10. Global Vehicle Electrification Market, Sub-Segmentation Of Electric Fuel Pump, By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

In-Tank Fuel Pumps, Inline Fuel Pumps

9.11. Global Vehicle Electrification Market, Sub-Segmentation Of Electric Power Steering, By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Column-Mounted Electric Power Steering, Rack-Mounted Electric Power Steering

9.12. Global Vehicle Electrification Market, Sub-Segmentation Of Actuators, By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Electric Throttle Actuators, Electric Brake Actuators

9.13. Global Vehicle Electrification Market, Sub-Segmentation Of By Start Or Stop System, By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Automatic Start Or Stop Systems, Manual Start Or Stop Systems

10. Vehicle Electrification Market Regional And Country Analysis

10.1. Global Vehicle Electrification Market, Split By Region, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

10.2. Global Vehicle Electrification Market, Split By Country, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

11. Asia-Pacific Vehicle Electrification Market

11.1. Asia-Pacific Vehicle Electrification Market Overview

Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

11.2. Asia-Pacific Vehicle Electrification Market, Segmentation By Product Type, Segmentation By Vehicle Type, Segmentation By Sales Channel, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

12. China Vehicle Electrification Market

12.1. China Vehicle Electrification Market Overview

Country Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

12.2. China Vehicle Electrification Market, Segmentation By Product Type, Segmentation By Vehicle Type, Segmentation By Sales Channel, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

13. India Vehicle Electrification Market

13.1. India Vehicle Electrification Market, Segmentation By Product Type, Segmentation By Vehicle Type, Segmentation By Sales Channel, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

14. Japan Vehicle Electrification Market

14.1. Japan Vehicle Electrification Market Overview

Country Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

14.2. Japan Vehicle Electrification Market, Segmentation By Product Type, Segmentation By Vehicle Type, Segmentation By Sales Channel, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

15. Australia Vehicle Electrification Market

15.1. Australia Vehicle Electrification Market, Segmentation By Product Type, Segmentation By Vehicle Type, Segmentation By Sales Channel, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

16. Indonesia Vehicle Electrification Market

16.1. Indonesia Vehicle Electrification Market, Segmentation By Product Type, Segmentation By Vehicle Type, Segmentation By Sales Channel, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

17. South Korea Vehicle Electrification Market

17.1. South Korea Vehicle Electrification Market Overview

Country Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

17.2. South Korea Vehicle Electrification Market, Segmentation By Product Type, Segmentation By Vehicle Type, Segmentation By Sales Channel, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

18. Taiwan Vehicle Electrification Market

18.1. Taiwan Vehicle Electrification Market Overview

Country Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

18.2. Taiwan Vehicle Electrification Market, Segmentation By Product Type, Segmentation By Vehicle Type, Segmentation By Sales Channel, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

19. South East Asia Vehicle Electrification Market

19.1. South East Asia Vehicle Electrification Market Overview

Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

19.2. South East Asia Vehicle Electrification Market, Segmentation By Product Type, Segmentation By Vehicle Type, Segmentation By Sales Channel, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

20. Western Europe Vehicle Electrification Market

20.1. Western Europe Vehicle Electrification Market Overview

Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

20.2. Western Europe Vehicle Electrification Market, Segmentation By Product Type, Segmentation By Vehicle Type, Segmentation By Sales Channel, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

21. UK Vehicle Electrification Market

21.1. UK Vehicle Electrification Market, Segmentation By Product Type, Segmentation By Vehicle Type, Segmentation By Sales Channel, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

22. Germany Vehicle Electrification Market

22.1. Germany Vehicle Electrification Market, Segmentation By Product Type, Segmentation By Vehicle Type, Segmentation By Sales Channel, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

23. France Vehicle Electrification Market

23.1. France Vehicle Electrification Market, Segmentation By Product Type, Segmentation By Vehicle Type, Segmentation By Sales Channel, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

24. Italy Vehicle Electrification Market

24.1. Italy Vehicle Electrification Market, Segmentation By Product Type, Segmentation By Vehicle Type, Segmentation By Sales Channel, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

25. Spain Vehicle Electrification Market

25.1. Spain Vehicle Electrification Market, Segmentation By Product Type, Segmentation By Vehicle Type, Segmentation By Sales Channel, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

26. Eastern Europe Vehicle Electrification Market

26.1. Eastern Europe Vehicle Electrification Market Overview

Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

26.2. Eastern Europe Vehicle Electrification Market, Segmentation By Product Type, Segmentation By Vehicle Type, Segmentation By Sales Channel, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

27. Russia Vehicle Electrification Market

27.1. Russia Vehicle Electrification Market, Segmentation By Product Type, Segmentation By Vehicle Type, Segmentation By Sales Channel, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

28. North America Vehicle Electrification Market

28.1. North America Vehicle Electrification Market Overview

Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

28.2. North America Vehicle Electrification Market, Segmentation By Product Type, Segmentation By Vehicle Type, Segmentation By Sales Channel, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

29. USA Vehicle Electrification Market

29.1. USA Vehicle Electrification Market Overview

Country Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

29.2. USA Vehicle Electrification Market, Segmentation By Product Type, Segmentation By Vehicle Type, Segmentation By Sales Channel, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

30. Canada Vehicle Electrification Market

30.1. Canada Vehicle Electrification Market Overview

Country Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

30.2. Canada Vehicle Electrification Market, Segmentation By Product Type, Segmentation By Vehicle Type, Segmentation By Sales Channel, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

31. South America Vehicle Electrification Market

31.1. South America Vehicle Electrification Market Overview

Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

31.2. South America Vehicle Electrification Market, Segmentation By Product Type, Segmentation By Vehicle Type, Segmentation By Sales Channel, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

32. Brazil Vehicle Electrification Market

32.1. Brazil Vehicle Electrification Market, Segmentation By Product Type, Segmentation By Vehicle Type, Segmentation By Sales Channel, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

33. Middle East Vehicle Electrification Market

33.1. Middle East Vehicle Electrification Market Overview

Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

33.2. Middle East Vehicle Electrification Market, Segmentation By Product Type, Segmentation By Vehicle Type, Segmentation By Sales Channel, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

34. Africa Vehicle Electrification Market

34.1. Africa Vehicle Electrification Market Overview

Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

34.2. Africa Vehicle Electrification Market, Segmentation By Product Type, Segmentation By Vehicle Type, Segmentation By Sales Channel, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

35. Vehicle Electrification Market Regulatory and Investment Landscape

36. Vehicle Electrification Market Competitive Landscape And Company Profiles

36.1. Vehicle Electrification Market Competitive Landscape And Market Share 2024

36.1.1. Top 10 Companies (Ranked by revenue/share)

36.2. Vehicle Electrification Market - Company Scoring Matrix

36.2.1. Market Revenues

36.2.2. Product Innovation Score

36.2.3. Brand Recognition

36.3. Vehicle Electrification Market Company Profiles

36.3.1. Volkswagen AG Overview, Products and Services, Strategy and Financial Analysis

36.3.2. Toyota Motor Corporation Overview, Products and Services, Strategy and Financial Analysis

36.3.3. Ford Motor Company Overview, Products and Services, Strategy and Financial Analysis

36.3.4. Mercedes-Benz Group AG Overview, Products and Services, Strategy and Financial Analysis

36.3.5. General Motors Company Overview, Products and Services, Strategy and Financial Analysis

37. Vehicle Electrification Market Other Major And Innovative Companies

Bayerische Motoren Werke AG, Hyundai Motor Company, Honda Motor Co Ltd., Robert Bosch GmbH, Tesla Inc., Nissan Motor Co Ltd., Kia Corporation, BYD Company Limited, Audi AG, Volvo Group AB, Denso Corporation, Continental AG, Magna International Inc., Mitsubishi Electric Corporation, Aisin Seiki Co Ltd.

38. Global Vehicle Electrification Market Competitive Benchmarking And Dashboard

39. Key Mergers And Acquisitions In The Vehicle Electrification Market

40. Vehicle Electrification Market High Potential Countries, Segments and Strategies

40.1 Vehicle Electrification Market In 2030 - Countries Offering Most New Opportunities

40.2 Vehicle Electrification Market In 2030 - Segments Offering Most New Opportunities

40.3 Vehicle Electrification Market In 2030 - Growth Strategies

40.3.1 Market Trend Based Strategies

40.3.2 Competitor Strategies

41. Appendix

41.1. Abbreviations

41.2. Currencies

41.3. Historic And Forecast Inflation Rates

41.4. Research Inquiries

41.5. The Business Research Company

41.6. Copyright And Disclaimer

List Of Tables

    Table 1: Global Vehicle Electrification Market, Overview Of Key Products - Product Examples
  • Table 2: Global Vehicle Electrification Market Attractiveness, Factor-Wise Evaluation
  • Table 3: Global Vehicle Electrification Market, Supply Chain Analysis
  • Table 4: Global Vehicle Electrification Market, Major Raw Material Providers
  • Table 5: Global Vehicle Electrification Market, Major Resource Providers
  • Table 6: Global Vehicle Electrification Market, Major Manufacturers (Suppliers)
  • Table 7: Global Vehicle Electrification Market, Major Distributors And Channel Partners
  • Table 8: Global Vehicle Electrification Market, Key Technologies & Future Trends
  • Table 9: Global Vehicle Electrification Market, Major Trends
  • Table 10: Global Vehicle Electrification Market, Major End Users
  • Table 11: Global Vehicle Electrification Market, PESTEL (Political, Economic, Social, Technology, Environmental and Legal) Analysis
  • Table 12: Global Vehicle Electrification Historic Market Growth, 2020-2025, $ Billion
  • Table 13: Global Vehicle Electrification Forecast Market Growth, 2025-2030F, 2035F, $ Billion
  • Table 14: Global Vehicle Electrification Market - TAM, US$ Billion, 2025
  • Table 15: Global Vehicle Electrification Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 16: Global Vehicle Electrification Market, Segmentation By Vehicle Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 17: Global Vehicle Electrification Market, Segmentation By Sales Channel, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 18: Global Vehicle Electrification Market, Sub-Segmentation Of Starter Motor, By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 19: Global Vehicle Electrification Market, Sub-Segmentation Of Alternator, By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 20: Global Vehicle Electrification Market, Sub-Segmentation Of Electric Car Motors, By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 21: Global Vehicle Electrification Market, Sub-Segmentation Of Electric Water Pumps, By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 22: Global Vehicle Electrification Market, Sub-Segmentation Of Electric Oil Pump, By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 23: Global Vehicle Electrification Market, Sub-Segmentation Of Electric Vacuum Pump, By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 24: Global Vehicle Electrification Market, Sub-Segmentation Of Electric Fuel Pump, By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 25: Global Vehicle Electrification Market, Sub-Segmentation Of Electric Power Steering, By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 26: Global Vehicle Electrification Market, Sub-Segmentation Of Actuators, By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 27: Global Vehicle Electrification Market, Sub-Segmentation Of By Start Or Stop System, By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 28: Global Vehicle Electrification Market, Split By Region, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 29: Global Vehicle Electrification Market, Split By Country, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 30: Asia-Pacific, Vehicle Electrification Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 31: Asia-Pacific, Vehicle Electrification Market, Segmentation By Vehicle Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 32: Asia-Pacific, Vehicle Electrification Market, Segmentation By Sales Channel, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 33: China, Vehicle Electrification Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 34: China, Vehicle Electrification Market, Segmentation By Vehicle Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 35: China, Vehicle Electrification Market, Segmentation By Sales Channel, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 36: India, Vehicle Electrification Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 37: India, Vehicle Electrification Market, Segmentation By Vehicle Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 38: India, Vehicle Electrification Market, Segmentation By Sales Channel, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 39: Japan, Vehicle Electrification Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 40: Japan, Vehicle Electrification Market, Segmentation By Vehicle Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 41: Japan, Vehicle Electrification Market, Segmentation By Sales Channel, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 42: Australia, Vehicle Electrification Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 43: Australia, Vehicle Electrification Market, Segmentation By Vehicle Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 44: Australia, Vehicle Electrification Market, Segmentation By Sales Channel, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 45: Indonesia, Vehicle Electrification Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 46: Indonesia, Vehicle Electrification Market, Segmentation By Vehicle Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 47: Indonesia, Vehicle Electrification Market, Segmentation By Sales Channel, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 48: South Korea, Vehicle Electrification Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 49: South Korea, Vehicle Electrification Market, Segmentation By Vehicle Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 50: South Korea, Vehicle Electrification Market, Segmentation By Sales Channel, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 51: Taiwan, Vehicle Electrification Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 52: Taiwan, Vehicle Electrification Market, Segmentation By Vehicle Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 53: Taiwan, Vehicle Electrification Market, Segmentation By Sales Channel, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 54: South East Asia, Vehicle Electrification Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 55: South East Asia, Vehicle Electrification Market, Segmentation By Vehicle Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 56: South East Asia, Vehicle Electrification Market, Segmentation By Sales Channel, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 57: Western Europe, Vehicle Electrification Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 58: Western Europe, Vehicle Electrification Market, Segmentation By Vehicle Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 59: Western Europe, Vehicle Electrification Market, Segmentation By Sales Channel, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 60: UK, Vehicle Electrification Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 61: UK, Vehicle Electrification Market, Segmentation By Vehicle Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 62: UK, Vehicle Electrification Market, Segmentation By Sales Channel, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 63: Germany, Vehicle Electrification Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 64: Germany, Vehicle Electrification Market, Segmentation By Vehicle Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 65: Germany, Vehicle Electrification Market, Segmentation By Sales Channel, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 66: France, Vehicle Electrification Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 67: France, Vehicle Electrification Market, Segmentation By Vehicle Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 68: France, Vehicle Electrification Market, Segmentation By Sales Channel, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 69: Italy, Vehicle Electrification Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 70: Italy, Vehicle Electrification Market, Segmentation By Vehicle Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 71: Italy, Vehicle Electrification Market, Segmentation By Sales Channel, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 72: Spain, Vehicle Electrification Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 73: Spain, Vehicle Electrification Market, Segmentation By Vehicle Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 74: Spain, Vehicle Electrification Market, Segmentation By Sales Channel, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 75: Eastern Europe, Vehicle Electrification Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 76: Eastern Europe, Vehicle Electrification Market, Segmentation By Vehicle Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 77: Eastern Europe, Vehicle Electrification Market, Segmentation By Sales Channel, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 78: Russia, Vehicle Electrification Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 79: Russia, Vehicle Electrification Market, Segmentation By Vehicle Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 80: Russia, Vehicle Electrification Market, Segmentation By Sales Channel, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 81: North America, Vehicle Electrification Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 82: North America, Vehicle Electrification Market, Segmentation By Vehicle Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 83: North America, Vehicle Electrification Market, Segmentation By Sales Channel, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 84: USA, Vehicle Electrification Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 85: USA, Vehicle Electrification Market, Segmentation By Vehicle Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 86: USA, Vehicle Electrification Market, Segmentation By Sales Channel, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 87: Canada, Vehicle Electrification Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 88: Canada, Vehicle Electrification Market, Segmentation By Vehicle Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 89: Canada, Vehicle Electrification Market, Segmentation By Sales Channel, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 90: South America, Vehicle Electrification Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 91: South America, Vehicle Electrification Market, Segmentation By Vehicle Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 92: South America, Vehicle Electrification Market, Segmentation By Sales Channel, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 93: Brazil, Vehicle Electrification Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 94: Brazil, Vehicle Electrification Market, Segmentation By Vehicle Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 95: Brazil, Vehicle Electrification Market, Segmentation By Sales Channel, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 96: Middle East, Vehicle Electrification Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 97: Middle East, Vehicle Electrification Market, Segmentation By Vehicle Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 98: Middle East, Vehicle Electrification Market, Segmentation By Sales Channel, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 99: Africa, Vehicle Electrification Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 100: Africa, Vehicle Electrification Market, Segmentation By Vehicle Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 101: Africa, Vehicle Electrification Market, Segmentation By Sales Channel, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 102: Global Vehicle Electrification Key Competitor Estimated Market Shares, 2024, Percentage (%)
  • Table 103: Global Vehicle Electrification Market - Company Scoring Matrix
  • Table 104: Volkswagen AG Financial Performance
  • Table 105: Toyota Motor Corporation Financial Performance
  • Table 106: Ford Motor Company Financial Performance
  • Table 107: Mercedes-Benz Group AG Financial Performance
  • Table 108: General Motors Company Financial Performance
  • Table 109: Global Vehicle Electrification Market, Competitive Benchmarking (In USD Billions)
  • Table 110: Global Vehicle Electrification Market, Competitive Dashboard
  • Table 111: Global Vehicle Electrification Market Size Gain ($ Billion), 2025 – 2030 By Country
  • Table 112: Global, Vehicle Electrification Market Size Gain ($ Billion), Segmentation By Product Type, 2025 – 2030
  • Table 113: Global, Vehicle Electrification Market Size Gain ($ Billion), Segmentation By Vehicle Type, 2025 – 2030
  • Table 114: Global, Vehicle Electrification Market Size Gain ($ Billion), Segmentation By Sales Channel, 2025 – 2030

List Of Figures

    Figure 1: Global Vehicle Electrification Market, Overview Of Key Products - Product Examples
  • Figure 2: Global Vehicle Electrification Market Attractiveness, Factor-Wise Evaluation
  • Figure 3: Global Vehicle Electrification Market, Supply Chain Analysis
  • Figure 4: Global Vehicle Electrification Market, Major Raw Material Providers
  • Figure 5: Global Vehicle Electrification Market, Major Resource Providers
  • Figure 6: Global Vehicle Electrification Market, Major Manufacturers (Suppliers)
  • Figure 7: Global Vehicle Electrification Market, Major Distributors And Channel Partners
  • Figure 8: Global Vehicle Electrification Market, Key Technologies & Future Trends
  • Figure 9: Global Vehicle Electrification Market, Major Trends
  • Figure 10: Global Vehicle Electrification Market, Major End Users
  • Figure 11: Global Vehicle Electrification Market, PESTEL (Political, Economic, Social, Technology, Environmental and Legal) Analysis
  • Figure 12: Global Vehicle Electrification Historic Market Growth, 2020-2025, $ Billion
  • Figure 13: Global Vehicle Electrification Forecast Market Growth, 2025-2030F, 2035F, $ Billion
  • Figure 14: Global Vehicle Electrification Market - TAM, US$ Billion, 2025
  • Figure 15: Global Vehicle Electrification Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 16: Global Vehicle Electrification Market, Segmentation By Vehicle Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 17: Global Vehicle Electrification Market, Segmentation By Sales Channel, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 18: Global Vehicle Electrification Market, Sub-Segmentation Of Starter Motor, By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 19: Global Vehicle Electrification Market, Sub-Segmentation Of Alternator, By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 20: Global Vehicle Electrification Market, Sub-Segmentation Of Electric Car Motors, By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 21: Global Vehicle Electrification Market, Sub-Segmentation Of Electric Water Pumps, By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 22: Global Vehicle Electrification Market, Sub-Segmentation Of Electric Oil Pump, By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 23: Global Vehicle Electrification Market, Sub-Segmentation Of Electric Vacuum Pump, By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 24: Global Vehicle Electrification Market, Sub-Segmentation Of Electric Fuel Pump, By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 25: Global Vehicle Electrification Market, Sub-Segmentation Of Electric Power Steering, By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 26: Global Vehicle Electrification Market, Sub-Segmentation Of Actuators, By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 27: Global Vehicle Electrification Market, Sub-Segmentation Of By Start Or Stop System, By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 28: Global Vehicle Electrification Market, Split By Region, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 29: Global Vehicle Electrification Market, Split By Country, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 30: Asia-Pacific, Vehicle Electrification Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 31: Asia-Pacific, Vehicle Electrification Market, Segmentation By Vehicle Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 32: Asia-Pacific, Vehicle Electrification Market, Segmentation By Sales Channel, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 33: China, Vehicle Electrification Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 34: China, Vehicle Electrification Market, Segmentation By Vehicle Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 35: China, Vehicle Electrification Market, Segmentation By Sales Channel, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 36: India, Vehicle Electrification Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 37: India, Vehicle Electrification Market, Segmentation By Vehicle Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 38: India, Vehicle Electrification Market, Segmentation By Sales Channel, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 39: Japan, Vehicle Electrification Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 40: Japan, Vehicle Electrification Market, Segmentation By Vehicle Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 41: Japan, Vehicle Electrification Market, Segmentation By Sales Channel, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 42: Australia, Vehicle Electrification Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 43: Australia, Vehicle Electrification Market, Segmentation By Vehicle Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 44: Australia, Vehicle Electrification Market, Segmentation By Sales Channel, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 45: Indonesia, Vehicle Electrification Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 46: Indonesia, Vehicle Electrification Market, Segmentation By Vehicle Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 47: Indonesia, Vehicle Electrification Market, Segmentation By Sales Channel, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 48: South Korea, Vehicle Electrification Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 49: South Korea, Vehicle Electrification Market, Segmentation By Vehicle Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 50: South Korea, Vehicle Electrification Market, Segmentation By Sales Channel, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 51: Taiwan, Vehicle Electrification Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 52: Taiwan, Vehicle Electrification Market, Segmentation By Vehicle Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 53: Taiwan, Vehicle Electrification Market, Segmentation By Sales Channel, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 54: South East Asia, Vehicle Electrification Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 55: South East Asia, Vehicle Electrification Market, Segmentation By Vehicle Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 56: South East Asia, Vehicle Electrification Market, Segmentation By Sales Channel, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 57: Western Europe, Vehicle Electrification Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 58: Western Europe, Vehicle Electrification Market, Segmentation By Vehicle Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 59: Western Europe, Vehicle Electrification Market, Segmentation By Sales Channel, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 60: UK, Vehicle Electrification Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 61: UK, Vehicle Electrification Market, Segmentation By Vehicle Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 62: UK, Vehicle Electrification Market, Segmentation By Sales Channel, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 63: Germany, Vehicle Electrification Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 64: Germany, Vehicle Electrification Market, Segmentation By Vehicle Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 65: Germany, Vehicle Electrification Market, Segmentation By Sales Channel, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 66: France, Vehicle Electrification Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 67: France, Vehicle Electrification Market, Segmentation By Vehicle Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 68: France, Vehicle Electrification Market, Segmentation By Sales Channel, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 69: Italy, Vehicle Electrification Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 70: Italy, Vehicle Electrification Market, Segmentation By Vehicle Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 71: Italy, Vehicle Electrification Market, Segmentation By Sales Channel, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 72: Spain, Vehicle Electrification Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 73: Spain, Vehicle Electrification Market, Segmentation By Vehicle Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 74: Spain, Vehicle Electrification Market, Segmentation By Sales Channel, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 75: Eastern Europe, Vehicle Electrification Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 76: Eastern Europe, Vehicle Electrification Market, Segmentation By Vehicle Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 77: Eastern Europe, Vehicle Electrification Market, Segmentation By Sales Channel, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 78: Russia, Vehicle Electrification Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 79: Russia, Vehicle Electrification Market, Segmentation By Vehicle Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 80: Russia, Vehicle Electrification Market, Segmentation By Sales Channel, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 81: North America, Vehicle Electrification Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 82: North America, Vehicle Electrification Market, Segmentation By Vehicle Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 83: North America, Vehicle Electrification Market, Segmentation By Sales Channel, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 84: USA, Vehicle Electrification Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 85: USA, Vehicle Electrification Market, Segmentation By Vehicle Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 86: USA, Vehicle Electrification Market, Segmentation By Sales Channel, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 87: Canada, Vehicle Electrification Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 88: Canada, Vehicle Electrification Market, Segmentation By Vehicle Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 89: Canada, Vehicle Electrification Market, Segmentation By Sales Channel, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 90: South America, Vehicle Electrification Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 91: South America, Vehicle Electrification Market, Segmentation By Vehicle Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 92: South America, Vehicle Electrification Market, Segmentation By Sales Channel, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 93: Brazil, Vehicle Electrification Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 94: Brazil, Vehicle Electrification Market, Segmentation By Vehicle Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 95: Brazil, Vehicle Electrification Market, Segmentation By Sales Channel, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 96: Middle East, Vehicle Electrification Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 97: Middle East, Vehicle Electrification Market, Segmentation By Vehicle Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 98: Middle East, Vehicle Electrification Market, Segmentation By Sales Channel, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 99: Africa, Vehicle Electrification Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 100: Africa, Vehicle Electrification Market, Segmentation By Vehicle Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 101: Africa, Vehicle Electrification Market, Segmentation By Sales Channel, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 102: Global Vehicle Electrification Key Competitor Estimated Market Shares, 2024, Percentage (%)
  • Figure 103: Global Vehicle Electrification Market - Company Scoring Matrix
  • Figure 104: Volkswagen AG Financial Performance
  • Figure 105: Toyota Motor Corporation Financial Performance
  • Figure 106: Ford Motor Company Financial Performance
  • Figure 107: Mercedes-Benz Group AG Financial Performance
  • Figure 108: General Motors Company Financial Performance
  • Figure 109: Global Vehicle Electrification Market, Competitive Benchmarking (In USD Billions)
  • Figure 110: Global Vehicle Electrification Market, Competitive Dashboard
  • Figure 111: Global Vehicle Electrification Market Size Gain ($ Billion), 2025 – 2030 By Country
  • Figure 112: Global, Vehicle Electrification Market Size Gain ($ Billion), Segmentation By Product Type, 2025 – 2030
  • Figure 113: Global, Vehicle Electrification Market Size Gain ($ Billion), Segmentation By Vehicle Type, 2025 – 2030
  • Figure 114: Global, Vehicle Electrification Market Size Gain ($ Billion), Segmentation By Sales Channel, 2025 – 2030

Gain insight into trends and investment planning for the global Tire Machinery Market in 2025.

Read More About Gain insight into trends and investment planning for the global Tire Machinery Market in 2025.

Discover key trends and market dynamics in the Motor Vehicles Market with 2025 insights from The Business Research Company.

Read More About Discover key trends and market dynamics in the Motor Vehicles Market with 2025 insights from The Business Research Company.

Vehicle Electrification Market Report 2026 - Global Outlook – By Product Type (Starter Motor, Alternator, Electric Car Motors, Electric Water Pumps, Electric Oil Pump, Electric Vacuum Pump, Electric Fuel Pump, Electric P...

Military Vehicle Electrification Market Report 2026 - Global Outlook – By Technology (Hybrid, Fully Electric), By Operation (Manned, Autonomous/Semi-Autonomous), By Platform (Combat Vehicles, Support Vehicles, Unmanned A...

Electric Vehicle Charging Infrastructure Market Report 2026 - Global Outlook – By Charger Type (Slow Charger, Fast Charger), By Charging Type (Alternative Current Charging, Direct Current Charging), By Connector Type (CH...

Aircraft Electrification Market Report 2026 - Global Outlook – By Component (Batteries, Fuel Cells, Solar Cells, Electric Actuators, Electric Pumps, Generators, Motor, Power Electronics, Distribution Devices), By Technol...

Electric Commercial Vehicles Market Report 2026 - Global Outlook – By Propulsion Type (BEV, PHEV, FCEV.), By Vehicle Type (Electric Bus, Electric Truck, Electric Van, Other Vehicle Types), By Battery Type (Lithium-Iron-P...

Electric Vehicle Market Report 2026 - Global Outlook – By Type (Battery Electric Vehicle, Plug-In Hybrid Electric Vehicle, Fuel Cell Electric Vehicle ), By Vehicle Type (Passenger Cars, Commercial Vehicles ), By Charging...

Luxury Electric Vehicles Market Report 2026 - Global Outlook – By Type (Battery Electric Vehicle (BEV), Plug-In Hybrid Electric Vehicles (PHEVs), Fuel Cell Electric Vehicles (FCEVs), Hybrid), By Battery Type (Lead-Acid, ...

Electric Utility Vehicle Market Report 2026 - Global Outlook – By Vehicle Type (Multi Utility Vehicle, Utility Terrain Vehicle), By Battery Type (Lithium-Ion, Lead-Acid, Other Battery Types), By Application (Commercial U...

Frequently Asked Questions

The Vehicle Electrification market was valued at $101.59 billion in 2025, increased to $112.38 billion in 2026, and is projected to reach $169.03 billion by 2030.

The global Vehicle Electrification market is expected to grow at a CAGR of 10.74% from 2026 to 2035 to reach $169.03 billion by 2035.

Some Key Players in the Vehicle Electrification market Include, Major companies operating in the vehicle electrification market report include Volkswagen AG, Toyota Motor Corporation, Ford Motor Company, Mercedes-Benz Group AG, General Motors Company, Bayerische Motoren Werke AG, Hyundai Motor Company, Honda Motor Co Ltd., Robert Bosch GmbH, Tesla Inc., Nissan Motor Co Ltd., Kia Corporation, BYD Company Limited, Audi AG, Volvo Group AB, Denso Corporation, Continental AG, Magna International Inc., Mitsubishi Electric Corporation, Aisin Seiki Co Ltd., Jaguar Land Rover Automotive plc, BorgWarner Inc., NIO Inc., Li Auto Inc., XPeng Inc., Rivian Automotive Inc., Delphi Technologies, Polestar AB, Lucid Motors Inc., Fisker Inc., Lordstown Motors Corp, Canoo Inc., Arrival Ltd., Proterra Inc., Faraday Future Inc., Rimac Automobili d.o.o. .

Major trend in this market includes: Workhorse Group launches medium-duty electric work trucks with help of Siemens software . For further insights on this market. request a sample here

Asia-Pacific was the largest region in the vehicle electrification market in 2025. The regions covered in the vehicle electrification market report include Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Customer representative image Book your 30 minutes free consultation with our research experts
Contact Us