Market Overview:
The global on-board electrical system for power supply market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for electric vehicles and hybrid vehicles, rising concerns over environment pollution, and government initiatives towards the adoption of electric vehicles. On-board AC electrical systems are expected to hold a larger share of the global on-board electrical system for power supply market than on-board DC systems during the forecast period. This can be attributed to their higher efficiency and better performance as compared to on-board DC systems. Rail vehicles are expected to account for a major share of the global on-board electrical system for power supply market by application during the forecast period.
Product Definition:
The on-board electrical system for power supply is a system that provides power to the various components of a vehicle. It includes the battery, alternator, and wiring harness. The alternator charges the battery and powers the electrical components of the vehicle. The wiring harness connects all of the components together.
On-Board AC Electrical System:
On-board AC electrical system is used to convert the DC power supplied by the main electrical system into an AC signal that can be used in any equipment installed on a vessel. It helps to provide reliable and cost effective power supply for all types of equipment installed on board such as refrigerators, air conditioners, water purifiers, etc.
On-Board DC Electrical System:
On-board DC electrical system is used in on-board electrical system for power supply. It provides a DC source of power to all electronic components installed in the vehicle. On board systems are widely used as it helps to reduce overall weight, cost and size of the vehicle which further reduces fuel consumption and carbon emission.
On board systems use less energy than conventional systems do; therefore, they help to lower fuel consumption and air pollution significantly.
Application Insights:
On the basis of application, the global on-board electrical system for power supply market is segmented into rail vehicles, commercial vehicles, ships and transport industry. The rail vehicle segment accounted for a major share in 2017 and is projected to witness significant growth over the forecast period. This can be attributed to growing demand from countries such as China, India and Brazil for railway infrastructure development. Moreover, governments of different countries are focusing on improving passenger safety by installing advanced signaling systems which require large number of On-Board DC Electrical Systems (OBSES). This factor will further boost product demand over the next eight years.
The commercial vehicle segment is expected to grow at a rapid pace owing to increasing production & sales volume of trucks & buses across various regions including North America.
Regional Analysis:
Asia Pacific dominated the global on-board electrical system for power supply market in 2016 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing demand from various application segments such as rail, commercial vehicles, ships and aircraft. Increasing adoption of renewable energy sources for power generation is also anticipated to drive the regional market over the forecast period.
The Asia Pacific was followed by Europe in terms of revenue share in 2016 owing to high demand from countries such as Germany, France and Italy among others. North America accounted for a significant share due mainlyto high penetration rates of electric vehicles along with growing adoption across other applications including rail transport sector which has resulted into higher product sales across this region than that observed across other regions.
Growth Factors:
- Increasing demand for electric vehicles
- Growing number of data centers and the need for reliable power supply
- Proliferation of smart devices and the Internet of Things (IoT)
- Development of renewable energy sources such as solar and wind power
- Emergence of new technologies such as energy storage systems
Scope Of The Report
Report Attributes
Report Details
Report Title
On-Board Electrical System for Power Supply Market Research Report
By Type
On-Board AC Electrical System, On-Board DC Electrical System
By Application
Rail Vehicles, Commercial Vehicles, Ships, Transport Industry
By Companies
ABB, Siemens, Emerson, Delta (Eltek), Jenoptik, Atlas Marine Systems, Thales Group, Lite-On Technology, Acbel Polytech, Salcomp, Fischer Panda
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
249
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global On-Board Electrical System for Power Supply Market Report Segments:
The global On-Board Electrical System for Power Supply market is segmented on the basis of:
Types
On-Board AC Electrical System, On-Board DC Electrical 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
Rail Vehicles, Commercial Vehicles, Ships, Transport Industry
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:
- ABB
- Siemens
- Emerson
- Delta (Eltek)
- Jenoptik
- Atlas Marine Systems
- Thales Group
- Lite-On Technology
- Acbel Polytech
- Salcomp
- Fischer Panda
Highlights of The On-Board Electrical System for Power Supply 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:
- On-Board AC Electrical System
- On-Board DC Electrical System
- By Application:
- Rail Vehicles
- Commercial Vehicles
- Ships
- Transport Industry
- 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 On-Board Electrical System for Power Supply 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
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
The onboard electrical system supplies power to the aircraft's systems.
Some of the major players in the on-board electrical system for power supply market are ABB, Siemens, Emerson, Delta (Eltek), Jenoptik, Atlas Marine Systems, Thales Group, Lite-On Technology, Acbel Polytech, Salcomp, Fischer Panda.
The on-board electrical system for power supply market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. On-Board Electrical System for Power Supply Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. On-Board Electrical System for Power Supply Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. On-Board Electrical System for Power Supply Market - Supply Chain
4.5. Global On-Board Electrical System for Power Supply Market Forecast
4.5.1. On-Board Electrical System for Power Supply Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. On-Board Electrical System for Power Supply Market Size (000 Units) and Y-o-Y Growth
4.5.3. On-Board Electrical System for Power Supply Market Absolute $ Opportunity
5. Global On-Board Electrical System for Power Supply Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. On-Board Electrical System for Power Supply Market Size and Volume Forecast by Type
5.3.1. On-Board AC Electrical System
5.3.2. On-Board DC Electrical System
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global On-Board Electrical System for Power Supply Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. On-Board Electrical System for Power Supply Market Size and Volume Forecast by Application
6.3.1. Rail Vehicles
6.3.2. Commercial Vehicles
6.3.3. Ships
6.3.4. Transport Industry
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global On-Board Electrical System for Power Supply Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. On-Board Electrical System for Power Supply Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global On-Board Electrical System for Power Supply Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. On-Board Electrical System for Power Supply Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global On-Board Electrical System for Power Supply Demand Share Forecast, 2019-2026
9. North America On-Board Electrical System for Power Supply Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America On-Board Electrical System for Power Supply Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America On-Board Electrical System for Power Supply Market Size and Volume Forecast by Application
9.4.1. Rail Vehicles
9.4.2. Commercial Vehicles
9.4.3. Ships
9.4.4. Transport Industry
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America On-Board Electrical System for Power Supply Market Size and Volume Forecast by Type
9.7.1. On-Board AC Electrical System
9.7.2. On-Board DC Electrical System
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America On-Board Electrical System for Power Supply Demand Share Forecast, 2019-2026
10. Latin America On-Board Electrical System for Power Supply Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America On-Board Electrical System for Power Supply Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America On-Board Electrical System for Power Supply Market Size and Volume Forecast by Application
10.4.1. Rail Vehicles
10.4.2. Commercial Vehicles
10.4.3. Ships
10.4.4. Transport Industry
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America On-Board Electrical System for Power Supply Market Size and Volume Forecast by Type
10.7.1. On-Board AC Electrical System
10.7.2. On-Board DC Electrical System
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America On-Board Electrical System for Power Supply Demand Share Forecast, 2019-2026
11. Europe On-Board Electrical System for Power Supply Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe On-Board Electrical System for Power Supply Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe On-Board Electrical System for Power Supply Market Size and Volume Forecast by Application
11.4.1. Rail Vehicles
11.4.2. Commercial Vehicles
11.4.3. Ships
11.4.4. Transport Industry
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe On-Board Electrical System for Power Supply Market Size and Volume Forecast by Type
11.7.1. On-Board AC Electrical System
11.7.2. On-Board DC Electrical System
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe On-Board Electrical System for Power Supply Demand Share, 2019-2026
12. Asia Pacific On-Board Electrical System for Power Supply Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific On-Board Electrical System for Power Supply Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific On-Board Electrical System for Power Supply Market Size and Volume Forecast by Application
12.4.1. Rail Vehicles
12.4.2. Commercial Vehicles
12.4.3. Ships
12.4.4. Transport Industry
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific On-Board Electrical System for Power Supply Market Size and Volume Forecast by Type
12.7.1. On-Board AC Electrical System
12.7.2. On-Board DC Electrical System
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific On-Board Electrical System for Power Supply Demand Share, 2019-2026
13. Middle East & Africa On-Board Electrical System for Power Supply Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa On-Board Electrical System for Power Supply Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa On-Board Electrical System for Power Supply Market Size and Volume Forecast by Application
13.4.1. Rail Vehicles
13.4.2. Commercial Vehicles
13.4.3. Ships
13.4.4. Transport Industry
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa On-Board Electrical System for Power Supply Market Size and Volume Forecast by Type
13.7.1. On-Board AC Electrical System
13.7.2. On-Board DC Electrical System
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa On-Board Electrical System for Power Supply Demand Share, 2019-2026
14. Competition Landscape
14.1. Global On-Board Electrical System for Power Supply Market: Market Share Analysis
14.2. On-Board Electrical System for Power Supply Distributors and Customers
14.3. On-Board Electrical System for Power Supply Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. ABB
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Siemens
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Emerson
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Delta (Eltek)
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Jenoptik
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Atlas Marine Systems
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Thales Group
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Lite-On Technology
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Acbel Polytech
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Salcomp
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Fischer Panda
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook