Transportation Electrification Market: Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis (2017-2021) and Forecast (2022-2028)

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Transportation Electrification Market: By Electrification Type (Electrified Motilities, Hybrid Motilities), By Transportation Mode (Railway Transportation, Vehicle Transportation, Ships & Boats Transportation, Aeroplan’s Transportation), By Application (Passenger Transportation, Commercial Transportation) and Geography

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Report

Description

The Transportation Electrification Market size is valued at USD 73,654.9 million in 2021 and is expected to grow at a significant CAGR of 7.5% during the forecast period from 2022 to 2028. The global market provides a detailed overview  that can be segmented By Electrification Type, Transportation Mode, and Application. Based on electrification transportation electrification market has been segmented into Electrified Motilities and Hybrid Motilities. The electrified motilities segment is likely to be the largest and fastest-growing segment in terms of type. Based on transportation mode the market is segmented into Railway Transportation, Vehicle Transportation, Ships & Boats Transportation, and Aeroplane Transportation.  Among these, the Railway Transportation segment is expected to have the fastest-growing market during the forecast period 2022-2028. Based on application, the transportation electrification market is segmented into Passenger Transportation and Commercial Transportation. The passenger transportation segment accounts for the largest share in 2021. Commercial transportation is the second-largest share during the forecast period 2021-2028 according to Precision Business Insights.

Key Development:

In January2022 ABB acquires controlling interest in In Charge Energy, strengthening its EV charging solutions in the U.S. to strengthening EV charging solutions

Transportation Electrification Market

MARKET SUMMARY
-
7.5%
  • Study Period– 2022-2028
  • Base Year– 2021
  • CAGR– 7.5%
  • Largest Market–  North America
  • Fastest Growing Market– Europe

Transportation Electrification Market

  • The transportation electrification market report gives comprehensive outlook across the region with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America and Middle East and Africa.
  • The transportation electrification market report gives historical, current, and future market sizes (US$ Mn) based on by electrification type, by transportation mode, by application and geography.
Key Players
  • Tesla
  • General Electric
  • Continental AG
  • Robert Bosch GmbH
  • General Motors
Transportation Electrification Market Drivers

Increasing the efficiency of the vehicle and reduces defense on the convention fuels and lower carbon emission this intern provide a various environmental and economic benefit. additionally, vehicle electrification offers less operational cost and required less maintenance.


Europe Got Significant Share

Transportation Electrification Market

By region, the Europe market is expected to witness the highest market share during the forecast period. The region is witnessing a boosted demand for electric vehicles. Government policies decreased electric vehicle prices, and enhanced consumer preference for electric vehicles is propelling the expansion of the transportation electrification market across the Europe region.

Latin America
Latin-America
North-America
North-America
Europe
Europe
Asia Pacific
Asia-Pacific
Middle East
Middle East

Key

Features of the Report

  • The transportation electrification market report provides granular level information about the market size, regional market share, historic market (2017-2021) and forecast (2022-2028)
  • The transportation electrification market report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The transportation electrification market report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The transportation electrification market report tracks recent innovations, key developments, and start-up details that are actively working in the market
  • The transportation electrification market report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario
Transportation Electrification Market Segmentation


Location

GEOGRAPHY

Frequently Asked Questions

The transportation electrification market is projected to expand at a CAGR of 7.5% during the forecast period.

The major players in the transportation electrification market are company Bombardier, Siemens AG, Continental AG, Tesla, General Electric, Continental AG, Robert Bosch GmbH, General Motors, Valeo, Bosch, Denso, BorgWarner

Europe is the fastest-growing region for transportation electrification market


Report

Table Of Content

1. Executive Summary
2. Global Transportation Electrification Market Introduction
2.1. Global Transportation Electrification Market – Taxonomy
2.2. Global Transportation Electrification Market –Definitions
2.2.1. By Electrification Type
2.2.2. By Transportation Mode
2.2.3. By Application
2.2.4. By Region
3. Global Transportation Electrification Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Global Transportation Electrification Market Dynamic Factors – Impact Analysis
3.6. Global Transportation Electrification Market – Competition Landscape
4. Global Transportation Electrification Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028
4.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
4.2. Year-over-Year (Y-o-Y) Growth Analysis (%)
4.3. Market Opportunity Analysis
5. Global Transportation Electrification Market, By Electrification Type, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn) 
5.1. Electrified Motilities
5.1.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
5.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.1.3. Market Opportunity Analysis
5.2. Hybrid Motilities
5.2.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
5.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.2.3. Market Opportunity Analysis
6. Global Transportation Electrification Market, By Transportation Mode, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn) 
6.1. Railway Transportation
6.1.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
6.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.1.3. Market Opportunity Analysis
6.2. Vehicle Transportation
6.2.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
6.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.2.3. Market Opportunity Analysis
6.3. Ships & Boats Transportation
6.3.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
6.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.3.3. Market Opportunity Analysis
6.4. Aeroplan’s Transportation
6.4.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
6.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.4.3. Market Opportunity Analysis
7. Global Transportation Electrification Market Forecast, By Application, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn) 
7.1. Passenger Transportation
7.1.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
7.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.1.3. Market Opportunity Analysis
7.2. Commercial Transportation
7.2.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
7.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.2.3. Market Opportunity Analysis
8. Global Transportation Electrification Market Forecast, By Region, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn) 
8.1. North America
8.1.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
8.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.1.3. Market Opportunity Analysis
8.2. Europe
8.2.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
8.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.2.3. Market Opportunity Analysis
8.3. Asia-Pacific
8.3.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
8.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.3.3. Market Opportunity Analysis
8.4. Latin America
8.4.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
8.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.4.3. Market Opportunity Analysis
8.5. Middle East and Africa
8.5.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
8.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.5.3. Market Opportunity Analysis
8.6. Global Transportation Electrification Market – Opportunity Analysis Index, By Electrification Type, By Transportation Mode, By Application and Region, 2022 – 2028
9. North America Transportation Electrification Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn) 
9.1. Electrification Type Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
9.1.1. Electrified Motilities
9.1.2. Hybrid Motilities
9.2. Transportation Mode Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
9.2.1. Railway Transportation
9.2.2. Vehicle Transportation
9.2.3. Ships & Boats Transportation
9.2.4. Aeroplan’s Transportation
9.3. Application Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
9.3.1. Passenger Transportation
9.3.2. Commercial Transportation
9.4. Country Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
9.4.1. USA
9.4.2. Canada
9.5. North America Transportation Electrification Market – Opportunity Analysis Index, By Electrification Type, By Transportation Mode, By Application and Country, 2022 – 2028
9.6. North America Transportation Electrification Market Dynamics – Trends
10. Europe Transportation Electrification Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn) 
10.1. Electrification Type Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
10.1.1. Electrified Motilities
10.1.2. Hybrid Motilities
10.2. Transportation Mode Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
10.2.1. Railway Transportation
10.2.2. Vehicle Transportation
10.2.3. Ships & Boats Transportation
10.2.4. Aeroplan’s Transportation
10.3. Application Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
10.3.1. Passenger Transportation
10.3.2. Commercial Transportation
10.4. Country Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
10.4.1. Germany
10.4.2. UK
10.4.3. France
10.4.4. Spain
10.4.5. Italy
10.4.6. Russia
10.4.7. Rest of Europe
10.5. Europe Transportation Electrification Market – Opportunity Analysis Index, By Electrification Type, By Transportation Mode, By Application and Country, 2022 – 2028
10.6. Europe Transportation Electrification Market Dynamics – Trends
11. Asia-Pacific Transportation Electrification Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn) 
11.1. Electrification Type Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
11.1.1. Electrified Motilities
11.1.2. Hybrid Motilities
11.2. Transportation Mode Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
11.2.1. Railway Transportation
11.2.2. Vehicle Transportation
11.2.3. Ships & Boats Transportation
11.2.4. Aeroplan’s Transportation
11.3. Application Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
11.3.1. Passenger Transportation
11.3.2. Commercial Transportation
11.4. Country Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
11.4.1. China
11.4.2. India
11.4.3. Japan
11.4.4. ASEAN
11.4.5. Australia & New Zealand
11.4.6. Rest of Asia-Pacific
11.5. Asia-Pacific Transportation Electrification Market – Opportunity Analysis Index, By Electrification Type, By Transportation Mode, By Application and Country, 2022 – 2028
11.6. Asia-Pacific Transportation Electrification Market Dynamics – Trends
12. Latin America Transportation Electrification Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn) 
12.1. Electrification Type Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
12.1.1. Electrified Motilities
12.1.2. Hybrid Motilities
12.2. Transportation Mode Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
12.2.1. Railway Transportation
12.2.2. Vehicle Transportation
12.2.3. Ships & Boats Transportation
12.2.4. Aeroplan’s Transportation
12.3. Application Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
12.3.1. Passenger Transportation
12.3.2. Commercial Transportation
12.4. Country Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
12.4.1. Brazil
12.4.2. Mexico
12.4.3. Argentina
12.4.4. Rest of Latin America
12.5. Latin America Transportation Electrification Market – Opportunity Analysis Index, By Electrification Type, By Transportation Mode, By Application and Country, 2022 – 2028
12.6. Latin America Transportation Electrification Market Dynamics – Trends
13. Middle East and Africa Transportation Electrification Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn) 
13.1. Electrification Type Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
13.1.1. Electrified Motilities
13.1.2. Hybrid Motilities
13.2. Transportation Mode Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
13.2.1. Railway Transportation
13.2.2. Vehicle Transportation
13.2.3. Ships & Boats Transportation
13.2.4. Aeroplan’s Transportation
13.3. Application Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
13.3.1. Passenger Transportation
13.3.2. Commercial Transportation
13.4. Country Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
13.4.1. Gulf Cooperation Council (GCC) Countries
13.4.2. Israel
13.4.3. South Africa
13.4.4. Rest of MEA
13.5. MEA Transportation Electrification Market – Opportunity Analysis Index, By Electrification Type, By Transportation Mode, By Application and Country, 2022 – 2028
13.6. MEA Transportation Electrification Market Dynamics – Trends
14. Competition Landscape 
14.1. Strategic Dashboard of Top Market Players
14.2. Company Profiles (Introduction, Financial Analysis, Offerings, Key Developments, Strategies, and SWOT Analysis)
14.2.1. Bombardier
14.2.2. Siemens AG
14.2.3. Continental AG
14.2.4. Tesla
14.2.5. General Electric
14.2.6. Continental AG
14.2.7. Robert Bosch GmbH
14.2.8. General Motors
14.2.9. Valeo
14.2.10. Bosch
14.2.11. Denso
14.2.12. BorgWarner
15. Research Methodology
16. Key Assumptions and Acronyms

Report

Company Profile

  • Bombardier
  • Siemens AG
  • Continental AG
  • Tesla
  • General Electric
  • Continental AG
  • Robert Bosch GmbH
  • General Motors
  • Valeo
  • Bosch
  • Denso
  • BorgWarner

Description

The Transportation Electrification Market size is valued at USD 73,654.9 million in 2021 and is expected to grow at a significant CAGR of 7.5% during the forecast period from 2022 to 2028. The global market provides a detailed overview  that can be segmented By Electrification Type, Transportation Mode, and Application. Based on electrification transportation electrification market has been segmented into Electrified Motilities and Hybrid Motilities. The electrified motilities segment is likely to be the largest and fastest-growing segment in terms of type. Based on transportation mode the market is segmented into Railway Transportation, Vehicle Transportation, Ships & Boats Transportation, and Aeroplane Transportation.  Among these, the Railway Transportation segment is expected to have the fastest-growing market during the forecast period 2022-2028. Based on application, the transportation electrification market is segmented into Passenger Transportation and Commercial Transportation. The passenger transportation segment accounts for the largest share in 2021. Commercial transportation is the second-largest share during the forecast period 2021-2028 according to Precision Business Insights.

Key Development:

In January2022 ABB acquires controlling interest in In Charge Energy, strengthening its EV charging solutions in the U.S. to strengthening EV charging solutions

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