Automotive
48 Volt Battery System
Automotive 48 Volt Battery System Market Size and Growth
The Automotive 48 Volt Battery System market is experiencing significant growth, driven by increasing demand for electric vehicles and hybrid systems. The market size is projected to reach approximately $20 billion by 2028, with advancements in technology and regulatory support enhancing adoption across the automotive sector, particularly in Europe and North America.
Companies Covered
(Covid 19 Impact Covered)
◍ A123 Systems
◍ Continental
◍ Robert Bosch
◍ ZF Friedrichshafen
◍ Aptiv PLC
◍ East Penn Manufacturing
◍ EnerSys
◍ GS Yuasa
◍ Hitachi
◍ Johnson Controls
◍ BorgWarner
◍ Valeo
◍ Vicor
◍ Furukawa Electric
The Automotive 48 Volt Battery System Market features key players like A123 Systems, Continental, and Robert Bosch, driving innovation in hybrid and electric vehicles. Companies like Aptiv and ZF Friedrichshafen enhance energy efficiency, while Johnson Controls and EnerSys focus on production scalability, fostering market growth through advanced technologies and robust supply chains.
- A123 Systems: $1.4 billion (2022 Revenue)
- Bosch: €88 billion (2022 Revenue, total)
- Aptiv PLC: $15 billion (2022 Revenue)
- Johnson Controls: $23 billion (2022 Revenue)
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Market Segmentation
By Application
Passenger Vehicles
Commercial Vehicles
By Product
◍ AC/DC Inverter
48-Volt Lithium Ion Battery
Battery Controller
Power Distribution Box
Others
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Market Growth
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$ X Billion USD
