48 Volt Battery System Market By Component (AC/DC Inverter, 48-volt Lithium-ion Battery, Battery Controller, Power Distribution Box), By Electric Vehicle (Battery Electric Vehicle (BEV), Mild Hybrid Electric Vehicle (MHEV), Plug-in Hybrid Vehicle (PHEV), Hybrid Electric Vehicle (HEV)), By Vehicle Type (Passenger Vehicle, Light Commercial Vehicle, Heavy Commercial Vehicle) - Growth, Share, Opportunities & Competitive Analysis, 2024 - 2032
1. Preface
1.1. Report Description
1.1.1. Purpose of the Report
1.1.2. Target Audience
1.1.3. Key Offerings
1.2. Market Segmentation
1.3. Research Methodology
1.3.1. Phase I - Secondary Research
1.3.2. Phase II - Primary Research
1.3.3. Phase III - Expert Panel Review
1.3.4. Assumptions
1.3.5. Approach Adopted
2. Executive Summary
2.1. Market Snapshot: Global 48 Volt Battery System Market
2.2. Global 48 Volt Battery System Market, By Component, 2023 (US$ Million)
2.3. Global 48 Volt Battery System Market, By Electric Vehicle, 2023 (US$ Million)
2.4. Global 48 Volt Battery System Market, By Vehicle Type, 2023 (US$ Million)
2.5. Global 48 Volt Battery System Market, By Geography, 2023 (US$ Million)
2.6. Attractive Investment Proposition by Geography, 2023
3. 48 Volt Battery System Market: Competitive Analysis
3.1. Market Positioning of Key 48 Volt Battery System Market Vendors
3.2. Strategies Adopted by 48 Volt Battery System Market Vendors
3.3. Key Industry Strategies 4. 48 Volt Battery System Market: Macro Analysis & Market Dynamics
4.1. Introduction
4.2. Global 48 Volt Battery System Market Value, 2022 - 2032, (US$ Million)
4.3. Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Key Challenges
4.3.4. Key Opportunities
4.4. Impact Analysis of Drivers and Restraints
4.5. See-Saw Analysis
4.6. Porter's Five Force Model
4.6.1. Supplier Power
4.6.2. Buyer Power
4.6.3. Threat Of Substitutes
4.6.4. Threat Of New Entrants
4.6.5. Competitive Rivalry
4.7. PESTEL Analysis
4.7.1. Political Landscape
4.7.2. Economic Landscape
4.7.3. Technology Landscape
4.7.4. Legal Landscape
4.7.5. Social Landscape
5. 48 Volt Battery System Market: By Component, 2022-2032, USD (Million)
5.1. Market Overview
5.2. Growth & Revenue Analysis: 2023 Versus 2032
5.3. Market Segmentation
5.3.1. AC/DC Inverter
5.3.2. 48-volt Lithium-ion Battery
5.3.3. Battery Controller
5.3.4. Power Distribution Box
6. 48 Volt Battery System Market: By Electric Vehicle, 2022-2032, USD (Million)
6.1. Market Overview
6.2. Growth & Revenue Analysis: 2023 Versus 2032
6.3. Market Segmentation
6.3.1. Battery Electric Vehicle (BEV)
6.3.2. Mild Hybrid Electric Vehicle (MHEV)
6.3.3. Plug-in Hybrid Vehicle (PHEV)
6.3.4. Hybrid Electric Vehicle (HEV)
7. 48 Volt Battery System Market: By Vehicle Type, 2022-2032, USD (Million)
7.1. Market Overview
7.2. Growth & Revenue Analysis: 2023 Versus 2032
7.3. Market Segmentation
7.3.1. Passenger Vehicle
7.3.2. Light Commercial Vehicle
7.3.3. Heavy Commercial Vehicle
8. North America 48 Volt Battery System Market, 2022-2032, USD (Million)
8.1. Market Overview
8.2. 48 Volt Battery System Market: By Component, 2022-2032, USD (Million)
8.3. 48 Volt Battery System Market: By Electric Vehicle, 2022-2032, USD (Million)
8.4. 48 Volt Battery System Market: By Vehicle Type, 2022-2032, USD (Million)
8.5.48 Volt Battery System Market: By Region, 2022-2032, USD (Million)
8.5.1.North America
8.5.1.1. U.S.
8.5.1.1.1. 48 Volt Battery System Market: By Component, 2022-2032, USD (Million)
8.5.1.1.2. 48 Volt Battery System Market: By Electric Vehicle, 2022-2032, USD (Million)
8.5.1.1.3. 48 Volt Battery System Market: By Vehicle Type, 2022-2032, USD (Million)
8.5.1.2. Canada
8.5.1.2.1. 48 Volt Battery System Market: By Component, 2022-2032, USD (Million)
8.5.1.2.2. 48 Volt Battery System Market: By Electric Vehicle, 2022-2032, USD (Million)
8.5.1.2.3. 48 Volt Battery System Market: By Vehicle Type, 2022-2032, USD (Million)
8.5.1.3. Rest of North America
8.5.1.3.1. 48 Volt Battery System Market: By Component, 2022-2032, USD (Million)
8.5.1.3.2. 48 Volt Battery System Market: By Electric Vehicle, 2022-2032, USD (Million)
8.5.1.3.3. 48 Volt Battery System Market: By Vehicle Type, 2022-2032, USD (Million)
9. UK and European Union 48 Volt Battery System Market, 2022-2032, USD (Million)
9.1. Market Overview
9.2. 48 Volt Battery System Market: By Component, 2022-2032, USD (Million)
9.3. 48 Volt Battery System Market: By Electric Vehicle, 2022-2032, USD (Million)
9.4. 48 Volt Battery System Market: By Vehicle Type, 2022-2032, USD (Million)
9.5.48 Volt Battery System Market: By Region, 2022-2032, USD (Million)
9.5.1.UK and European Union
9.5.1.1. UK
9.5.1.1.1. 48 Volt Battery System Market: By Component, 2022-2032, USD (Million)
9.5.1.1.2. 48 Volt Battery System Market: By Electric Vehicle, 2022-2032, USD (Million)
9.5.1.1.3. 48 Volt Battery System Market: By Vehicle Type, 2022-2032, USD (Million)
9.5.1.2. Germany
9.5.1.2.1. 48 Volt Battery System Market: By Component, 2022-2032, USD (Million)
9.5.1.2.2. 48 Volt Battery System Market: By Electric Vehicle, 2022-2032, USD (Million)
9.5.1.2.3. 48 Volt Battery System Market: By Vehicle Type, 2022-2032, USD (Million)
9.5.1.3. Spain
9.5.1.3.1. 48 Volt Battery System Market: By Component, 2022-2032, USD (Million)
9.5.1.3.2. 48 Volt Battery System Market: By Electric Vehicle, 2022-2032, USD (Million)
9.5.1.3.3. 48 Volt Battery System Market: By Vehicle Type, 2022-2032, USD (Million)
9.5.1.4. Italy
9.5.1.4.1. 48 Volt Battery System Market: By Component, 2022-2032, USD (Million)
9.5.1.4.2. 48 Volt Battery System Market: By Electric Vehicle, 2022-2032, USD (Million)
9.5.1.4.3. 48 Volt Battery System Market: By Vehicle Type, 2022-2032, USD (Million)
9.5.1.5. France
9.5.1.5.1. 48 Volt Battery System Market: By Component, 2022-2032, USD (Million)
9.5.1.5.2. 48 Volt Battery System Market: By Electric Vehicle, 2022-2032, USD (Million)
9.5.1.5.3. 48 Volt Battery System Market: By Vehicle Type, 2022-2032, USD (Million)
9.5.1.6. Rest of Europe
9.5.1.6.1. 48 Volt Battery System Market: By Component, 2022-2032, USD (Million)
9.5.1.6.2. 48 Volt Battery System Market: By Electric Vehicle, 2022-2032, USD (Million)
9.5.1.6.3. 48 Volt Battery System Market: By Vehicle Type, 2022-2032, USD (Million)
10. Asia Pacific 48 Volt Battery System Market, 2022-2032, USD (Million)
10.1. Market Overview
10.2. 48 Volt Battery System Market: By Component, 2022-2032, USD (Million)
10.3. 48 Volt Battery System Market: By Electric Vehicle, 2022-2032, USD (Million)
10.4. 48 Volt Battery System Market: By Vehicle Type, 2022-2032, USD (Million)
10.5.48 Volt Battery System Market: By Region, 2022-2032, USD (Million)
10.5.1.Asia Pacific
10.5.1.1. China
10.5.1.1.1. 48 Volt Battery System Market: By Component, 2022-2032, USD (Million)
10.5.1.1.2. 48 Volt Battery System Market: By Electric Vehicle, 2022-2032, USD (Million)
10.5.1.1.3. 48 Volt Battery System Market: By Vehicle Type, 2022-2032, USD (Million)
10.5.1.2. Japan
10.5.1.2.1. 48 Volt Battery System Market: By Component, 2022-2032, USD (Million)
10.5.1.2.2. 48 Volt Battery System Market: By Electric Vehicle, 2022-2032, USD (Million)
10.5.1.2.3. 48 Volt Battery System Market: By Vehicle Type, 2022-2032, USD (Million)
10.5.1.3. India
10.5.1.3.1. 48 Volt Battery System Market: By Component, 2022-2032, USD (Million)
10.5.1.3.2. 48 Volt Battery System Market: By Electric Vehicle, 2022-2032, USD (Million)
10.5.1.3.3. 48 Volt Battery System Market: By Vehicle Type, 2022-2032, USD (Million)
10.5.1.4. Australia
10.5.1.4.1. 48 Volt Battery System Market: By Component, 2022-2032, USD (Million)
10.5.1.4.2. 48 Volt Battery System Market: By Electric Vehicle, 2022-2032, USD (Million)
10.5.1.4.3. 48 Volt Battery System Market: By Vehicle Type, 2022-2032, USD (Million)
10.5.1.5. South Korea
10.5.1.5.1. 48 Volt Battery System Market: By Component, 2022-2032, USD (Million)
10.5.1.5.2. 48 Volt Battery System Market: By Electric Vehicle, 2022-2032, USD (Million)
10.5.1.5.3. 48 Volt Battery System Market: By Vehicle Type, 2022-2032, USD (Million)
10.5.1.6. Rest of Asia Pacific
10.5.1.6.1. 48 Volt Battery System Market: By Component, 2022-2032, USD (Million)
10.5.1.6.2. 48 Volt Battery System Market: By Electric Vehicle, 2022-2032, USD (Million)
10.5.1.6.3. 48 Volt Battery System Market: By Vehicle Type, 2022-2032, USD (Million)
11. Latin America 48 Volt Battery System Market, 2022-2032, USD (Million)
11.1. Market Overview
11.2. 48 Volt Battery System Market: By Component, 2022-2032, USD (Million)
11.3. 48 Volt Battery System Market: By Electric Vehicle, 2022-2032, USD (Million)
11.4. 48 Volt Battery System Market: By Vehicle Type, 2022-2032, USD (Million)
11.5.48 Volt Battery System Market: By Region, 2022-2032, USD (Million)
11.5.1.Latin America
11.5.1.1. Brazil
11.5.1.1.1. 48 Volt Battery System Market: By Component, 2022-2032, USD (Million)
11.5.1.1.2. 48 Volt Battery System Market: By Electric Vehicle, 2022-2032, USD (Million)
11.5.1.1.3. 48 Volt Battery System Market: By Vehicle Type, 2022-2032, USD (Million)
11.5.1.2. Mexico
11.5.1.2.1. 48 Volt Battery System Market: By Component, 2022-2032, USD (Million)
11.5.1.2.2. 48 Volt Battery System Market: By Electric Vehicle, 2022-2032, USD (Million)
11.5.1.2.3. 48 Volt Battery System Market: By Vehicle Type, 2022-2032, USD (Million)
11.5.1.3. Rest of Latin America
11.5.1.3.1. 48 Volt Battery System Market: By Component, 2022-2032, USD (Million)
11.5.1.3.2. 48 Volt Battery System Market: By Electric Vehicle, 2022-2032, USD (Million)
11.5.1.3.3. 48 Volt Battery System Market: By Vehicle Type, 2022-2032, USD (Million)
12. Middle East and Africa 48 Volt Battery System Market, 2022-2032, USD (Million)
12.1. Market Overview
12.2. 48 Volt Battery System Market: By Component, 2022-2032, USD (Million)
12.3. 48 Volt Battery System Market: By Electric Vehicle, 2022-2032, USD (Million)
12.4. 48 Volt Battery System Market: By Vehicle Type, 2022-2032, USD (Million)
12.5.48 Volt Battery System Market: By Region, 2022-2032, USD (Million)
12.5.1.Middle East and Africa
12.5.1.1. GCC
12.5.1.1.1. 48 Volt Battery System Market: By Component, 2022-2032, USD (Million)
12.5.1.1.2. 48 Volt Battery System Market: By Electric Vehicle, 2022-2032, USD (Million)
12.5.1.1.3. 48 Volt Battery System Market: By Vehicle Type, 2022-2032, USD (Million)
12.5.1.2. Africa
12.5.1.2.1. 48 Volt Battery System Market: By Component, 2022-2032, USD (Million)
12.5.1.2.2. 48 Volt Battery System Market: By Electric Vehicle, 2022-2032, USD (Million)
12.5.1.2.3. 48 Volt Battery System Market: By Vehicle Type, 2022-2032, USD (Million)
12.5.1.3. Rest of Middle East and Africa
12.5.1.3.1. 48 Volt Battery System Market: By Component, 2022-2032, USD (Million)
12.5.1.3.2. 48 Volt Battery System Market: By Electric Vehicle, 2022-2032, USD (Million)
12.5.1.3.3. 48 Volt Battery System Market: By Vehicle Type, 2022-2032, USD (Million)
13. Company Profile
13.1. LG Chem's
13.1.1. Company Overview
13.1.2. Financial Performance
13.1.3. Product Portfolio
13.1.4. Strategic Initiatives
13.2. Samsung SDI's
13.2.1. Company Overview
13.2.2. Financial Performance
13.2.3. Product Portfolio
13.2.4. Strategic Initiatives
13.3. Panasonic's technological
13.3.1. Company Overview
13.3.2. Financial Performance
13.3.3. Product Portfolio
13.3.4. Strategic Initiatives
13.4. A123 Systems LLC
13.4.1. Company Overview
13.4.2. Financial Performance
13.4.3. Product Portfolio
13.4.4. Strategic Initiatives
13.5. Continental AG
13.5.1. Company Overview
13.5.2. Financial Performance
13.5.3. Product Portfolio
13.5.4. Strategic Initiatives
13.6. Delphi technologies
13.6.1. Company Overview
13.6.2. Financial Performance
13.6.3. Product Portfolio
13.6.4. Strategic Initiatives
13.7. East Penn Manufacturing Company
13.7.1. Company Overview
13.7.2. Financial Performance
13.7.3. Product Portfolio
13.7.4. Strategic Initiatives
13.8. EnerSys
13.8.1. Company Overview
13.8.2. Financial Performance
13.8.3. Product Portfolio
13.8.4. Strategic Initiatives
13.9. Furukawa Electric Co. Ltd.
13.9.1. Company Overview
13.9.2. Financial Performance
13.9.3. Product Portfolio
13.9.4. Strategic Initiatives
13.10. GS Yuasa Corporation
13.10.1. Company Overview
13.10.2. Financial Performance
13.10.3. Product Portfolio
13.10.4. Strategic Initiatives
13.11. Hitachi, Ltd.
13.11.1. Company Overview
13.11.2. Financial Performance
13.11.3. Product Portfolio
13.11.4. Strategic Initiatives
13.12. Johnson Controls International Plc
13.12.1. Company Overview
13.12.2. Financial Performance
13.12.3. Product Portfolio
13.12.4. Strategic Initiatives
13.13. BorgWarner Inc.
13.13.1. Company Overview
13.13.2. Financial Performance
13.13.3. Product Portfolio
13.13.4. Strategic Initiatives
13.14. Robert Bosch GmbH
13.14.1. Company Overview
13.14.2. Financial Performance
13.14.3. Product Portfolio
13.14.4. Strategic Initiatives
13.15. Valeo SA
13.15.1. Company Overview
13.15.2. Financial Performance
13.15.3. Product Portfolio
13.15.4. Strategic Initiatives
13.16. Vicor Corporation
13.16.1. Company Overview
13.16.2. Financial Performance
13.16.3. Product Portfolio
13.16.4. Strategic Initiatives
13.17. ZF Friedrichshafen AG
13.17.1. Company Overview
13.17.2. Financial Performance
13.17.3. Product Portfolio
13.17.4. Strategic Initiatives
13.18. Other Notable Players
13.18.1. Company Overview
13.18.2. Financial Performance
13.18.3. Product Portfolio
13.18.4. Strategic Initiatives