Global Automotive 48V System Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Architecture;

Belt-Driven, Crankshaft-Mounted, Dual-Clutch, Transmission-Mounted, and Transmission Output Shaft.

By Vehicle Category;

Entry Level, Mid-Premium Level, and Luxury.

By Application;

Mild HEVs, Low-powered BEVs, and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn570056211 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Automotive 48V System Market (USD Million), 2021 - 2031

In the year 2024, the Global Automotive 48V System Market was valued at USD 5,686.29 million. The size of this market is expected to increase to USD 25,922.68 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 24.2%.

The global automotive industry is undergoing a significant transformation, driven by the increasing demand for more fuel-efficient vehicles and the transition towards electric mobility. One notable innovation that has emerged in recent years is the Automotive 48V System. This system represents a crucial step towards achieving greater energy efficiency and reducing emissions in vehicles. By supplementing the traditional 12-volt electrical architecture with a 48-volt system, automakers can implement advanced technologies such as mild hybridization, electric power steering, and electrified turbocharging.

The Automotive 48V System offers several advantages over conventional powertrains, including improved fuel economy, enhanced performance, and reduced carbon emissions. With stricter regulations on emissions coming into effect in various parts of the world, automakers are increasingly turning to 48V systems to meet these stringent standards while also providing consumers with more eco-friendly options. Furthermore, the versatility of the 48V architecture allows for seamless integration with existing vehicle platforms, making it a cost-effective solution for both manufacturers and consumers.

Market projections indicate a promising future for the Automotive 48V System, with substantial growth expected in the coming years. Factors such as rising environmental consciousness among consumers, government incentives for electric and hybrid vehicles, and advancements in battery technology are driving the adoption of 48V systems across different vehicle segments. Additionally, the development of innovative components and subsystems tailored for 48V applications is further fueling market expansion.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Architecture
    2. Market Snapshot, By Vehicle Category
    3. Market Snapshot, By Application
    4. Market Snapshot, By Region
  4. Global Automotive 48V System Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing demand for fuel-efficient vehicles
        2. Growing adoption of advanced automotive electronics
        3. Stringent emission regulations driving hybridization trends
      2. Restraints
        1. High initial investment costs
        2. Complexity in integration with existing vehicle architectures
        3. Limited infrastructure for 48V systems in some regions
      3. Opportunities
        1. Advancements in battery technology enhancing system efficiency
        2. Expansion of electric vehicle market driving component demand
        3. Potential for vehicle electrification in emerging economies
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Automotive 48V System Market, By Architecture, 2021 - 2031 (USD Million)
      1. Belt-Driven
      2. Crankshaft-Mounted
      3. Dual-Clutch
      4. Transmission-Mounted
      5. Transmission Output Shaft
    2. Global Automotive 48V System Market, By Vehicle Category, 2021 - 2031 (USD Million)
      1. Entry Level
      2. Mid-Premium Level
      3. Luxury
    3. Global Automotive 48V System Market, By Application, 2021 - 2031 (USD Million)
      1. Mild HEVs
      2. Low-powered BEVs
      3. Others
    4. Global Automotive 48V System Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Continental AG
      2. Delphi Technologies
      3. Bosch Limited
      4. Valeo SA
      5. BorgWarner Inc.
      6. Hitachi Automotive Systems
      7. Denso Corporation
      8. Eaton Corporation
      9. MAHLE GmbH
      10. Schaeffler AG
  7. Analyst Views
  8. Future Outlook of the Market