Study

Vehicle Electrification Market by Product Type, Degree of Hybridization & Region – Trends & Forecast to 2019

Summary

This report looks at the global vehicle electrification market (including mild hybrids) and forecasts a compound annual growth rate of 19 percent, accumulating to 30,74 billion dollars by 2019. Japan and China are the main contributors to the growth of vehicle electrification market in Asia-Oceania region. To cater this huge demand of the Asia-Oceania region many OEMs are expanding in to this region.