Market Overview:
The global automotive power distribution system market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for electric and hybrid vehicles across the globe. Additionally, government initiatives towards promoting electric and hybrid vehicles are also fueling the growth of this market. The global automotive power distribution system market is segmented on the basis of type, application, and region. On the basis of type, it is divided into hardwired vehicle power distribution system and configurable vehicle power distribution system. Hardwired systems are those in which all components are permanently wired into a single unit while configurable systems allow users to select various components as per their requirement.
Product Definition:
An automotive power distribution system is a collection of electrical components that distributes power from the battery to the various devices in a vehicle. The importance of an automotive power distribution system is that it ensures that all devices in the vehicle are properly powered and that no device receives too much or too little power.
Hardwired Vehicle Power Distribution System:
Hardwired Vehicle Power Distribution System (HVPS) is a type of power distribution system used in automotive applications. It's major application areas include battery packs, engine and starter motor, fuel pumps and injectors, lighting & electronic systems such as headlamps and interior lightings. HVPS are also used in hybrid electric vehicles for the distribution of power from the main battery to all accessories batteries through an internal bus.
Configurable Vehicle Power Distribution System:
The configurable vehicle power distribution system (CVPDS) is a new term in the automotive industry which refers to an advanced electronic device or group of devices used to regulate and monitor the voltage supplied by battery packs. It helps in optimizing energy usage, enhancing driving experience and increasing battery life. CVPDS works on three basic principles namely load balancing, switching control and energy management.
Application Insights:
The passenger vehicle application segment accounted for the largest revenue share of over 60% in 2017. The demand for APDS is high in this application as it helps in reducing the risk of fire and electric shock by providing direct power connections to essential accessories. Furthermore, it reduces the time required to assemble an all-inclusive wiring diagram by using a pre-configured plan for various components such as ignition, lighting, electrical equipment and HVAC (heating, ventilation and cooling).
The commercial vehicle application segment is expected to witness significant growth over the forecast period owing to rising demand from end-use industries including mining & construction and oil & gas sectors. In addition, growing emphasis on safety norms such as OBD II has resulted in increased adoption of APDS systems across commercial vehicles which include trucks/lorries/coaches etc. Growing focus on improving road safety coupled with increasing government regulations pertaining to Commercial Vehicles Safety Regulations (CVS) are likely fuel industry growth during the study period.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The region accounted for a share of more than 30.0% in 2017 owing to increasing sales of passenger and commercial vehicles in countries such as China, India, South Korea, and Japan. Moreover, rising disposable income levels coupled with rapid urbanization are expected to drive demand for automobiles in this region over the next eight years.
Europe accounted for a significant share of global revenue due to stringent government regulations regarding VPD systems installed in new vehicles since 2012. For instance, all newly manufactured passenger cars must have an integrated power distribution unit (IDU) or must provide means by which power can be supplied wirelessly via inductive coupling technology from 2013 onwards according to European Union regulation No 443/2009 – Safety Of Vehicles For passengers And Involved Parties).
Growth Factors:
- Increasing demand for electric vehicles: The automotive power distribution system market is expected to grow significantly in the coming years owing to the increasing demand for electric vehicles. This is mainly because of the rising concerns over environmental pollution and global warming.
- Technological advancements: The market is also expected to grow due to technological advancements in the field of automotive power distribution systems, which are helping manufacturers offer better products with enhanced features and performance.
- Rising disposable income: Another key growth driver for this market is rising disposable income, which is resulting in an increase in consumer spending on automobiles, including those that are equipped with advanced power distribution systems.
- Stringent government regulations: Stringent government regulations mandating use of energy-efficient automotive components are also aiding the growth of this market globally. For instance, Euro 6 emission norms have led to increased adoption of advanced powertrain technologies such as electrification and hybridization across Europe regionally . 5) Growing awareness about safety features: Finally, growing awareness about safety features offered by automotive power distribution systems is also propelling their uptake among consumers globally
Scope Of The Report
Report Attributes
Report Details
Report Title
Automotive Power Distribution System Market Research Report
By Type
Hardwired Vehicle Power Distribution System, Configurable Vehicle Power Distribution System
By Application
Passenger Vehicle, Commercial Vehicle
By Companies
TE Connectivity, Horiba, Sumitomo Electric, Furukawa, Eaton, Draxlmaier, MTA, Littelfuse Lear, Leoni, Mersen, Minda, Schurter, Yazaki
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
175
Number of Tables & Figures
123
Customization Available
Yes, the report can be customized as per your need.
Global Automotive Power Distribution System Market Report Segments:
The global Automotive Power Distribution System market is segmented on the basis of:
Types
Hardwired Vehicle Power Distribution System, Configurable Vehicle Power Distribution System
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Passenger Vehicle, Commercial Vehicle
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- TE Connectivity
- Horiba
- Sumitomo Electric
- Furukawa
- Eaton
- Draxlmaier
- MTA
- Littelfuse Lear
- Leoni
- Mersen
- Minda
- Schurter
- Yazaki
Highlights of The Automotive Power Distribution System Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Hardwired Vehicle Power Distribution System
- Configurable Vehicle Power Distribution System
- By Application:
- Passenger Vehicle
- Commercial Vehicle
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Automotive Power Distribution System Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
An automotive power distribution system (APDS) is a network of electrical components and devices that distribute electrical power to the various systems in an automobile. The APDS includes the battery, alternator, starter motor, and lighting systems.
Some of the key players operating in the automotive power distribution system market are TE Connectivity, Horiba, Sumitomo Electric, Furukawa, Eaton, Draxlmaier, MTA, Littelfuse Lear, Leoni, Mersen, Minda, Schurter, Yazaki.
The automotive power distribution system market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Automotive Power Distribution System Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Automotive Power Distribution System Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Automotive Power Distribution System Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Automotive Power Distribution System Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Automotive Power Distribution System Market Size & Forecast, 2018-2028
4.5.1 Automotive Power Distribution System Market Size and Y-o-Y Growth
4.5.2 Automotive Power Distribution System Market Absolute $ Opportunity
Chapter 5 Global Automotive Power Distribution System Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Automotive Power Distribution System Market Size Forecast by Type
5.2.1 Hardwired Vehicle Power Distribution System
5.2.2 Configurable Vehicle Power Distribution System
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Automotive Power Distribution System Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Automotive Power Distribution System Market Size Forecast by Applications
6.2.1 Passenger Vehicle
6.2.2 Commercial Vehicle
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Automotive Power Distribution System Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Automotive Power Distribution System Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Automotive Power Distribution System Analysis and Forecast
9.1 Introduction
9.2 North America Automotive Power Distribution System Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Automotive Power Distribution System Market Size Forecast by Type
9.6.1 Hardwired Vehicle Power Distribution System
9.6.2 Configurable Vehicle Power Distribution System
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Automotive Power Distribution System Market Size Forecast by Applications
9.10.1 Passenger Vehicle
9.10.2 Commercial Vehicle
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Automotive Power Distribution System Analysis and Forecast
10.1 Introduction
10.2 Europe Automotive Power Distribution System Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Automotive Power Distribution System Market Size Forecast by Type
10.6.1 Hardwired Vehicle Power Distribution System
10.6.2 Configurable Vehicle Power Distribution System
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Automotive Power Distribution System Market Size Forecast by Applications
10.10.1 Passenger Vehicle
10.10.2 Commercial Vehicle
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Automotive Power Distribution System Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Automotive Power Distribution System Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Automotive Power Distribution System Market Size Forecast by Type
11.6.1 Hardwired Vehicle Power Distribution System
11.6.2 Configurable Vehicle Power Distribution System
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Automotive Power Distribution System Market Size Forecast by Applications
11.10.1 Passenger Vehicle
11.10.2 Commercial Vehicle
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Automotive Power Distribution System Analysis and Forecast
12.1 Introduction
12.2 Latin America Automotive Power Distribution System Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Automotive Power Distribution System Market Size Forecast by Type
12.6.1 Hardwired Vehicle Power Distribution System
12.6.2 Configurable Vehicle Power Distribution System
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Automotive Power Distribution System Market Size Forecast by Applications
12.10.1 Passenger Vehicle
12.10.2 Commercial Vehicle
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Automotive Power Distribution System Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Automotive Power Distribution System Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Automotive Power Distribution System Market Size Forecast by Type
13.6.1 Hardwired Vehicle Power Distribution System
13.6.2 Configurable Vehicle Power Distribution System
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Automotive Power Distribution System Market Size Forecast by Applications
13.10.1 Passenger Vehicle
13.10.2 Commercial Vehicle
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Automotive Power Distribution System Market: Competitive Dashboard
14.2 Global Automotive Power Distribution System Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 TE Connectivity
14.3.2 Horiba
14.3.3 Sumitomo Electric
14.3.4 Furukawa
14.3.5 Eaton
14.3.6 Draxlmaier
14.3.7 MTA
14.3.8 Littelfuse Lear
14.3.9 Leoni
14.3.10 Mersen
14.3.11 Minda
14.3.12 Schurter
14.3.13 Yazaki
