The Global Automotive 48v System Market is expected to grow by USD 21.38 mn units during 2020-2024, progressing at a CAGR of 77% during the forecast period

NEW YORK, March 30, 2020 /PRNewswire/ --

Global Automotive 48V System Market 2020-2024
The analyst has been monitoring the global automotive 48v system market and it is poised to grow by USD 21.38 mn units during 2020-2024, progressing at a CAGR of 77% during the forecast period. Our reports on global automotive 48v system market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

Read the full report: https://www.reportlinker.com/p04483597/?utm_source=PRN

The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by automotive 48v system is a low-cost solution. In addition, favorable environment supporting ev adoption globally is anticipated to boost the growth of the global automotive 48v system market as well.

Market Segmentation
The global automotive 48v system market is segmented as below:
Application:
-- Mild HEVs
-- Low-Powered BEVs
-- Others

Geographic Segmentation:
-- APAC
-- Europe
-- MEA
-- North America
-- South America

Key Trends for global automotive 48v system market growth
This study identifies favorable environment supporting EV adoption globally as the prime reasons driving the global automotive 48v system market growth during the next few years.

Prominent vendors in global automotive 48v system market
We provide a detailed analysis of around 25 vendors operating in the global automotive 48v system market 2020-2024, including some of the vendors such as BorgWarner Inc., Continental AG, Delphi Technologies Plc, Hella GmbH & Co. KGaA, Hitachi Ltd., Magna International Inc., Mitsubishi Electric Corp., Robert Bosch GmbH, Schaeffler AG and Valeo SA .
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Read the full report: https://www.reportlinker.com/p04483597/?utm_source=PRN

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