Title: Vehicle Scanner Market Global Trends and Forecasts to 2026
1Vehicle Scanner Market Worldwide Growth 2026
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2 Market Summary
New York, December 20, 2019- The global vehicle
electrification market is forecast to reach USD
129.50 Billion by 2026, according to a new report
by Reports and Data. The market is projected to
witness a considerable growth during the forecast
period. The edifice for the growth of the market
is enhanced vehicle efficiency and performance
due to its electrification. The positive impact
on the functioning of vehicles has resulted in
the growing acceptance of the technology among
the users. If you are a vehicle electrification
vendor than this article will help you understand
the Sales Volume with Impacting Trends. Click To
get FREE SAMPLE PDF (Including Full TOC, Table
Figures) _at_ https//www.reportsanddata.com/sample-e
nquiry-form/2314
3 Our Approach
Market Summary
- Essentially, it is vehicle monitoring systems
that empower the drivers to stay updated with
real-time performance and safety of the vehicle.
Information collected by the telematics system is
beneficial in critical circumstances, for
instance, to communicate instantaneously with the
police or respective authorities for prompt
actions in case of an accident. Telematics
systems assist automotive companies, insurers,
and drivers with the highest safety feature. - The safety and security services of vehicle
telematics comprise the automatic crash
notification, emergency, and medical assistance,
which is anticipated to stimulate market growth
in the forecast period. As a component of the
Automatic Crash Notification service, the
telematics control unit (TCU) monitors several
crash sensors of the automotive and in the
occurrence of a crash it directs the details of
the vehicular location and crash intensity as
well as sends a voice call to the telematics call
center so that emergency services are dispatched
to the accident spot. - Legislative norms and regulations introduced by
the governments across the globe pertaining to
the increased usage of telematics in the
automotive to improve road safety. These
government initiatives are projected to propel
the market growth in the upcoming years. - Request for a sample of this research report _at_
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/2314
4 Our Approach
Market Summary
- Salient Trends of the Vehicle Electrification
Market - The Vehicle Electrification market is forecasted
to grow at a rate of 9.3 during the forecast
period and reach USD 129.50 Billion in 2026. - Various initiatives taken by the industry players
are supporting the growth of the market. One such
mentionable initiative is new product launches.
As an instance, in 2018, Bosch, a mentionable
market player, had started the production of a
new 48-volt battery for hybrid vehicles. Such
initiatives by the industry players have a
positive impact on the overall growth of the
market. - Another mentionable initiative taken by the
industry player that is supporting the market
growth is partnership. As an instance, in 2019,
Delphi Technologies had partnered with Cree, Inc.
The partnership aimed to use silicon carbide
semiconductor device technology to form smaller,
faster, more powerful, and lighter electronic
system for future electric vehicles. Such
initiatives by market players have a positive
impact on the market growth. - To identify the key trends in the industry, click
on the link below https//www.reportsanddata.com/
report-detail/vehicle-electrification-market
5 Our Approach
Market Summary
- Key participants Continental, Delphi, Denso,
Bosch, Borgwarner, Mitsubishi, Magna, Johnson
Electric, Johnson Controls, and Aisin Seiki - The companies have emphasized on different
strategies like new launches, technological
advancements, partnerships, mergers, and
acquisitions for ascertaining their market
growth. - Component Type Outlook (Revenue, USD Billion
2016-2026) - Electric Power Steering (EPS)
- Start-Stop
- Liquid Heater PTC
- Electric Vacuum Pump
- Electric Air Conditioner Compressor
- Electric Water Pump
- Electric Oil Pump
- Alternator
- Actuator
- Starter Motor
- Integrated Starter Generator (ISG)
6 Our Approach
Market Summary
- Hybridization Type Outlook (Revenue, USD Billion
2016-2026) - Hybrid Electric Vehicle (HEV)
- Internal Combustion Engine (ICE) Micro-Hybrid
Vehicle - Battery Electric Vehicle (BEV)
- Plug-In Hybrid Electric Vehicle (PHEV)
- Voltage Type Outlook (Revenue, USD Billion
2016-2026) - 12V
- 14V
- 24V
- 48V
- Vehicle Type Outlook (Revenue, USD Billion
2016-2026) - Passenger Vehicles
- Commercial Vehicles
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7About Us
Our Approach
About Us
- Reports and Data is a market research and
consulting company that provides syndicated
research reports, customized research reports,
and consulting services. Our solutions purely
focus on your purpose to locate, target and
analyze consumer behavior shifts across
demographics, across industries and help clients
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intelligence studies ensuring relevant and
fact-based research across a multiple industries
including Healthcare, Technology, Chemicals,
Power, and Energy. We consistently update our
research offerings to ensure our clients are
aware about the latest trends existent in the
market. Reports and Data has a strong base of
experienced analysts from varied areas of
expertise. - Contact Us
- John Watson
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