Global vehicle electrification market segmentation and major players analysis and forecast to 2022 p

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Global Vehicle Electrification Market Segmentation and Major Players Analysis and Forecast to 2022 Market Highlights: Lower maintenance cost and increased vehicle efficiency are increasing the demand for electrical vehicle. Recent trends shows that Vehicle electrification generates new opportunities for consumer engagement along with various environmental and economic benefits such as reduce fuel dependency and highly energy efficient vehicles. Growing demand for fuel efficient vehicles, along with growth in sales of electric vehicle are expected to fuel the growth of vehicle electrification market. Major Key Players        

Denso Corporation JTEKT Corporation Nexteer Automotive TRW Automotive Holding s Corp Mitsubishi Electric Corporation Robert Bosch GmbH Continental AG ZF Friedrichshafen AG

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Packaging Organizations Manufacturer Research Institute / Education Institute Potential Investors

North America is fastest growing region for electric vehicle market owing to factors such as Technology & demand drivers for large batteries and new generation buyers are driving the market of electric vehicles. Moreover new battery service networks and existing gasoline fueling infrastructure in terms of price, and reliability are the key factors for growth of market. In addition, various government subsidiaries and consumer preference are playing important role in the growth of the market. Whereas cost of vehicle, cost of charging and infrastructure support are some of the barriers for the electric vehicle market. It is expected that the global Vehicle Electrification market will grow with high EV adoption and technological development .Additionally Consumers driven by need to reduce carbon emissions has led the market. However safety issues and cost of such vehicles are some of the barriers for the market. Furthermore, companies such as Ford Motor Company recently announced as the first market that will sell the Ford’s first all-electric and zero CO2 emissions passenger car and


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