The global demand for Car Electrical Products Market is presumed to reach the market size of nearly USD 159.63 MN by 2028 from USD 86.1 MN in 2021 with a CAGR of 9.22% under the study period 2022 - 2028.
Car electrical products are electrically operated items that collect energy from the battery and return it to the battery through the heart of the vehicle. An alternator, battery, and regulator are all vital car electrical products. Some other car electrical products include driving assistance and security, climate control, ECU/sensors, and hybrid and electric vehicle parts.
Market Dynamics
Increasing emission safety standards and technology innovations like e-mobility are propelling the car electrical products industry to new heights. Furthermore, using infotainment systems for recreational purposes boosts the global car electrical products market's growth prospects. To stimulate the use of electric vehicles, vehicle makers are addressing challenges such as high pricing, limited battery life, and insufficient charging infrastructure. These reasons point to the future growth of the car electrical products industry. Growing public awareness of the benefits of all-electric cars (EVs) results in new revenue potential for businesses in the car electrical products market. The industry is being driven by rising vehicle sales and the increased implementation of government rules and policies in numerous countries to make vehicles more fuel-efficient and safer. Vehicle connectivity technology is also expected to boost demand for electrical components in automobiles. This is expected to raise the production of electrical products worldwide, which would, in turn, fuel the market for car electrical products.
The research report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of car electrical products. The growth and trends of car electrical products industry provide a holistic approach to this study.
Market Segmentation
This section of the car electrical products market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Vehicle Type
- Compact
- Mid-Size
- Luxury
- SUV
By Category
- Climate Control
- Driving Support & Security
- Hybrid And Electric Vehicles Parts
- Ecu/Sensors
- Others
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the Car Electrical Products market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Car Electrical Products Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the car electrical products market include American Axle & Manufacturing, Art Metal Mfg. Co., Ltd., Bharat Forge, Bridgestone Corporation, Clarios, Continental AG, Denso Corporation, Faurecia, Linamar, Magna International Inc., Mahle GmbH, Michelin, Rheinmetall AG, Robert Bosch GmbH, Sanjo Machne Works, Tenneco Inc., ThyssenKrupp, Valeo SA, Yasunaga, ZF Friedrichshafen AG. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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Frequently Asked Questions (FAQs) about this Report
b. In 2021, the global market size for car electrical products was worth USD 86.1 Billion.
b. Between 2023 and 2028, the worldwide car electrical products market growth is projected to be nearly 9.22%.
b. Asia Pacific accounts for the largest market share of the global car electrical products market.
b. The global car electrical products market is segmented by Vehicle Type (Compact, Mid-size, Luxury, SUV), by Category (Climate Control, Driving Support & Security, Hybrid and Electric Vehicles Parts, ECU/Sensors, Others).
b. The leading players in the global car electrical products market are American Axle & Manufacturing, Art Metal Mfg. Co. Ltd., Bharat Forge, Bridgestone Corporation, Clarios, Continental AG, Denso Corporation, Faurecia, Linamar, Magna International Inc., Mahle GmbH, Michelin, Rheinmetall AG, Robert Bosch GmbH, Sanjo Machne Works, Tenneco Inc., ThyssenKrupp, Valeo SA, Yasunaga, ZF Friedrichshafen AG.
1 . PREFACE
1.1. Report Description
1.1.1. Objective
1.1.2. Target Audience
1.1.3. Unique Selling Proposition (USP) & offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Market Research Process
1.3.2. Market Research Methodology
2 . EXECUTIVE SUMMARY
2.1. Highlights of Market
2.2. Global Market Snapshot
3 . CAR ELECTRICAL PRODUCTS – INDUSTRY ANALYSIS
3.1. Introduction - Market Dynamics
3.2. Market Drivers
3.3. Market Restraints
3.4. Opportunities
3.5. Industry Trends
3.6. Porter’s Five Force Analysis
3.7. Market Attractiveness Analysis
3.7.1 By Vehicle Type
3.7.2 By Category
3.7.3 By Region
4 . VALUE CHAIN ANALYSIS
4.1. Value Chain Analysis
4.2. Raw Material Analysis
4.2.1. List of Raw Materials
4.2.2. Raw Material Manufactures List
4.2.3. Price Trend of Key Raw Materials
4.3. List of Potential Buyers
4.4. Marketing Channel
4.4.1. Direct Marketing
4.4.2. Indirect Marketing
4.4.3. Marketing Channel Development Trend
5 . IMPACT ANALYSIS OF COVID-19 OUTBREAK
5.1. Impact Analysis of Covid-19 Outbreak
5.1.1. Direct Impact on Production
5.1.2. Supply Chain and Market Disruption
5.1.3. Financial Impact on Firms and Financial Markets
5.2. COVID-19 Impact Analysis by Production, Import, Export and Demand
5.3. Market: Pre V/S Post COVID-19
5.4. Estimated Impact of the Coronavirus (COVID-19) Epidemic
5.5. COVID-19: Micro and Macro Factor Analysis
6 . GLOBAL CAR ELECTRICAL PRODUCTS MARKET ANALYSIS BY VEHICLE TYPE
6.1 Overview by Vehicle Type
6.2 Historical and Forecast Data
6.3 Analysis by Vehicle Type
6.4 Compact Market by Regions
6.6 Mid-size Market by Regions
6.5 Luxury Market by Regions
6.7 SUV Market by Regions
7 . GLOBAL CAR ELECTRICAL PRODUCTS MARKET ANALYSIS BY CATEGORY
7.1 Overview by Category
7.2 Historical and Forecast Data
7.3 Analysis by Category
7.4 Climate Control Market by Regions
7.5 Driving Support & Security Market by Regions
7.6 Hybrid and Electric Vehicles Parts Market by Regions
7.7 ECU/Sensors Market by Regions
7.8 Others Market by Regions
8 . GLOBAL CAR ELECTRICAL PRODUCTS MARKET ANALYSIS BY GEOGRAPHY
8.1. Regional Outlook
8.2. Introduction
8.3. North America
8.3.1. Overview, Historic and Forecast Data
8.3.2. North America By Segment
8.3.3. North America By Country
8.3.4. United State
8.3.5. Canada
8.3.6. Mexico
8.4. Europe
8.4.1. Overview, Historic and Forecast Data
8.4.2. Europe by Segment
8.4.3. Europe by Country
8.4.4. United Kingdom
8.4.5. France
8.4.6. Germany
8.4.7. Italy
8.4.8. Russia
8.4.9. Rest Of Europe
8.5. Asia Pacific
8.5.1. Overview, Historic and Forecast Data
8.5.2. Asia Pacific by Segment
8.5.3. Asia Pacific by Country
8.5.4. China
8.5.5. India
8.5.6. Japan
8.5.7. South Korea
8.5.8. Australia
8.5.9. Rest Of Asia Pacific
8.6. Latin America
8.6.1. Overview, Historic and Forecast Data
8.6.2. Latin America by Segment
8.6.3. Latin America by Country
8.6.4. Brazil
8.6.5. Argentina
8.6.6. Peru
8.6.7. Chile
8.6.8. Rest of Latin America
8.7. Middle East & Africa
8.7.1. Overview, Historic and Forecast Data
8.7.2. Middle East & Africa by Segment
8.7.3. Middle East & Africa by Country
8.7.4. Saudi Arabia
8.7.5. UAE
8.7.6. Israel
8.7.7. South Africa
8.7.8. Rest Of Middle East And Africa
9 . COMPETITIVE LANDSCAPE OF THE CAR ELECTRICAL PRODUCTS COMPANIES
9.1. Car Electrical Products Market Competition
9.2. Partnership/Collaboration/Agreement
9.3. Merger And Acquisitions
9.4. New Product Launch
9.5. Other Developments
10 . COMPANY PROFILES OF CAR ELECTRICAL PRODUCTS INDUSTRY
10.1. Company Share Analysis
10.2. Market Concentration Rate
10.3. American Axle & Manufacturing
10.3.1. Company Overview
10.3.2. Financials
10.3.3. Products
10.3.4. Recent Developments
10.4. Art Metal Mfg. Co., Ltd.
10.4.1. Company Overview
10.4.2. Financials
10.4.3. Products
10.4.4. Recent Developments
10.5. Bharat Forge
10.5.1. Company Overview
10.5.2. Financials
10.5.3. Products
10.5.4. Recent Developments
10.6. Bridgestone Corporation
10.6.1. Company Overview
10.6.2. Financials
10.6.3. Products
10.6.4. Recent Developments
10.7. Clarios
10.7.1. Company Overview
10.7.2. Financials
10.7.3. Products
10.7.4. Recent Developments
10.8. Continental AG
10.8.1. Company Overview
10.8.2. Financials
10.8.3. Products
10.8.4. Recent Developments
10.9. Denso Corporation
10.9.1. Company Overview
10.9.2. Financials
10.9.3. Products
10.9.4. Recent Developments
10.10. Faurecia
10.10.1. Company Overview
10.10.2. Financials
10.10.3. Products
10.10.4. Recent Developments
10.11. Linamar
10.11.1. Company Overview
10.11.2. Financials
10.11.3. Products
10.11.4. Recent Developments
10.12. Magna International Inc.
10.12.1. Company Overview
10.12.2. Financials
10.12.3. Products
10.12.4. Recent Developments
10.13. Mahle GmbH
10.13.1. Company Overview
10.13.2. Financials
10.13.3. Products
10.13.4. Recent Developments
10.14. Michelin
10.14.1. Company Overview
10.14.2. Financials
10.14.3. Products
10.14.4. Recent Developments
10.15. Rheinmetall AG
10.15.1. Company Overview
10.15.2. Financials
10.15.3. Products
10.15.4. Recent Developments
10.16. Robert Bosch GmbH
10.16.1. Company Overview
10.16.2. Financials
10.16.3. Products
10.16.4. Recent Developments
10.17. Sanjo Machne Works
10.17.1. Company Overview
10.17.2. Financials
10.17.3. Products
10.17.4. Recent Developments
10.18. Tenneco Inc.
10.18.1. Company Overview
10.18.2. Financials
10.18.3. Products
10.18.4. Recent Developments
10.19. ThyssenKrupp
10.19.1. Company Overview
10.19.2. Financials
10.19.3. Products
10.19.4. Recent Developments
10.20. Valeo SA
10.20.1. Company Overview
10.20.2. Financials
10.20.3. Products
10.20.4. Recent Developments
*Note - in company profiling, financial details and recent development are subject to availability or might not be covered in case of private companies
LIST OF TABLES
- Market Snapshot
- Drivers : Impact Analysis
- Restraints : Impact Analysis
- List of Raw Material
- List of Raw Material Manufactures
- List of Potential Buyers
- COVID-19 Impact Analysis by Production, Import, Export and Demand
- Pre V/S Post COVID-19
- Estimated Impact Of The Coronavirus (Covid-19) Epidemic
- COVID-19: Micro and Macro Factor Analysis
- Analysis by Vehicle Type (USD MN)
- Compact Market by Geography (USD MN)
- Mid-size Market by Geography (USD MN)
- Luxury Market by Geography (USD MN)
- SUV Market by Geography (USD MN)
- Analysis Market by Category (USD MN)
- Climate Control Market by Geography (USD MN)
- Driving Support & Security Market by Geography (USD MN)
- Hybrid and Electric Vehicles Parts Market by Geography (USD MN)
- ECU/Sensors Market by Geography (USD MN)
- Others Market by Geography (USD MN)
- Global Car Electrical Products Market by Geography (USD MN)
- North America Market Analysis (USD MN)
- United State Market Analysis (USD MN)
- Canada Market Analysis (USD MN)
- Mexico Market Analysis (USD MN)
- Europe Market Analysis (USD MN)
- Europe Market Estimate by Country (USD MN)
- United Kingdom Market Analysis (USD MN)
- France Market Analysis (USD MN)
- Germany Market Analysis (USD MN)
- Italy Market Analysis (USD MN)
- Russia Market Analysis (USD MN)
- Spain Market Analysis (USD MN)
- Rest of Europe Market Analysis (USD MN)
- Asia Pacific Market Analysis (USD MN)
- China Market Analysis (USD MN)
- Japan Market Analysis (USD MN)
- India Market Analysis (USD MN)
- South Korea Market Analysis (USD MN)
- Australia Market Analysis (USD MN)
- Rest of Asia Pacific Market Analysis (USD MN)
- Latin America Market Analysis (USD MN)
- Brazil Market Analysis (USD MN)
- Argentina Market Analysis (USD MN)
- Peru Market Analysis (USD MN)
- Chile Market Analysis (USD MN)
- Rest of Latin America Market Analysis (USD MN)
- Middle East & Africa Market Analysis (USD MN)
- Saudi Arabia Market Analysis (USD MN)
- UAE Market Analysis (USD MN)
- Israel Market Analysis (USD MN)
- South Africa Market Analysis (USD MN)
- Rest of Middle East and Africa Market Analysis (USD MN)
- Partnership/Collaboration/Agreement
- Mergers And Acquisiton
LIST OF FIGURES
- Research Scope of Car Electrical Products Report
- Market Research Process
- Market Research Methodology
- Global Car Electrical Products Market Size, by Region (USD MN)
- Porters Five Forces Analysis
- Market Attractiveness Analysis by Vehicle Type
- Market Attractiveness Analysis by Category
- Market Attractiveness Analysis by Region
- Value Chain Analysis
- Global Market Analysis by Vehicle Type (USD MN)
- Compact Market by Geography (USD MN)
- Mid-size Market by Geography (USD MN)
- Luxury Market by Geography (USD MN)
- SUV Market by Geography (USD MN)
- Global Market Analysis by Category (USD MN)
- Climate Control Market by Geography (USD MN)
- Driving Support & Security Market by Geography (USD MN)
- Hybrid and Electric Vehicles Parts Market by Geography (USD MN)
- ECU/Sensors Market by Geography (USD MN)
- Others Market by Geography (USD MN)
- Global Market by Revenue
- North America Market by Revenue
- Europe Market by Revenue
- Asia Pacific Market by Revenue
- Latin America Market by Revenue
- Middle East & Africa Market by Revenue
- Recent Development in Industry
- Company Market Share Analysis
* Kindly note that the above listed are the basic tables and figures of the report and are not limited to the TOC.