Home research Global Sales of 48-Volt Systems are Expected to Reach 9 Million in 2025
Global Sales of 48-Volt Systems are Expected to Reach 9 Million in 2025

Global Sales of 48-Volt Systems are Expected to Reach 9 Million in 2025

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A new report from Navigant Research examines the global market for low voltage electrification, with an overview of the opportunities and challenges related to improving light duty vehicle efficiency, including technologies likely to reach production and forecasts for vehicle sales and the value of key components, through 2025. As more regions look to implement higher fuel efficiency standards, vehicle manufacturers are investing in new technologies to ensure they are able to comply with future legislation. Low voltage electrification technologies offer a less-costly solution, particularly for larger vehicles. Click to tweet: According to a new report from @NavigantRSRCH, global sales of 48-volt systems are expected to reach nine million in 2025 after first launching in 2016.

“While automakers search for the most cost-effective solutions to continue reducing fuel consumption and emissions, while also providing the electrical power needed for the ever-increasing feature sets of new vehicles, 48-volt electrical systems will play an important role,” says Sam Abuelsamid, senior research analyst with Navigant Research. “A 48-volt mild hybrid is estimated to provide 70 percent of the benefit of a high-voltage hybrid at 30 percent of the cost while boosting electrical power available in the vehicle from 2.5 kilowatts (kW) to 10 kW.” Automatic engine stop-start systems based on 12-volt electrical systems are also anticipated to grow in popularity and are expected to reach near universal adoption in Europe and North America by the end of the decade, according to the report. On top of this, growth in Asia Pacific will bring sales of low-voltage stop-start systems to more than 60 million units annually by 2025, representing a compound annual growth rate of 10.6 percent.

The report, Low Voltage Vehicle Electrification, analyzes the global market for low voltage electrification opportunities and challenges. The study provides an overview of the market issues associated with improving light duty vehicle efficiency and the technologies that are likely to reach production. Global market forecasts for vehicle sales and the value of key components, segmented by global region, extend through 2025. The report also examines the key 48V components related to low voltage vehicle electrification, as well as the competitive landscape. An Executive Summary of the report is available for free download on the Navigant Research website.

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Anand Gupta Editor - EQ Int'l Media Network

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