Navigant Research Report Shows Global Sales of Light Duty Stop-Start Vehicles Are Expected to near 58 Million by 2026
New powertrain production strategies are expected to enable
countries to work toward meeting new policies and regulations designed
to limit emissions and boost fuel economy
BOULDER, Colo.–(BUSINESS WIRE)–#12V–A new report from Navigant
Research examines the global market for low voltage electrification
opportunities and challenges, providing global market forecasts for
vehicle sales and the value of key components, segmented by global
region, through 2026.
A combination of factors, including increasingly stringent fuel economy
and emissions standards, is pushing the auto industry to reconsider its
powertrain production strategies to electrification. Basic stop-start
vehicles (SSVs) have become ubiquitous in many markets, and
manufacturers are looking to advance the technology by increasing the
operating voltage from 12 V to 48 V. Click
to tweet: According to a new report from @NavigantRSRCH,
global sales of light duty SSVs will exceed 57.6 million by 2026,
accounting for 54 percent of all light duty vehicle sales—of these,
about 21 percent will feature 48 V components.
“Current systems have reached the limit of practical electrical power
availability at 12 V, and because efficiency and automation demands can
be realized only by increasing the operating voltage, 48 V is the
practical limit to avoid the need for additional safety protection,”
says Sam Abuelsamid, senior research analyst at Navigant Research. “48 V
stop-start systems will combine with other technologies, including
micro- and mild-hybrid capabilities and electric turbochargers, to
increase efficiency without the adoption of full hybrid or plug-in
electric capability.”
This shift is expected to enable countries around the world to work
toward meeting new policies and regulations designed to limit emissions
and boost fuel economy, according to the report. New testing
methodologies such as the World Light Duty Test Protocol (WLTP) and real
driving emissions (RDE) tests, in addition to proposed bans on
traditional internal combustion engines from the 2030s and 2040s onward
in Europe and Asia, are just some of the challenges manufacturers hope
low voltage electrification can overcome.
The report, Market
Data: 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 2026. The report also examines the main 48 V components related
to low voltage vehicle electrification. An Executive Summary of the
report is available for free download on the Navigant
Research website.
About Navigant Research
Navigant Research, the dedicated research arm of Navigant, provides
market research and benchmarking services for rapidly changing and often
highly regulated industries. In the energy sector, Navigant Research
focuses on in-depth analysis and reporting about global clean technology
markets. The team’s research methodology combines supply-side industry
analysis, end-user primary research and demand assessment, and deep
examination of technology trends to provide a comprehensive view of the
Energy Technologies, Utility Transformations, Transportation
Efficiencies, and Buildings Innovations sectors. Additional information
about Navigant Research can be found at www.navigantresearch.com.
About Navigant
Navigant Consulting, Inc. is a specialized, global professional services
firm that helps clients take control of their future. Navigant’s
professionals apply deep industry knowledge, substantive technical
expertise, and an enterprising approach to help clients build, manage
and/or protect their business interests. With a focus on markets and
clients facing transformational change and significant regulatory or
legal pressures, the Firm primarily serves clients in the healthcare,
energy and financial services industries. Across a range of advisory,
consulting, outsourcing, and technology/analytics services, Navigant’s
practitioners bring sharp insight that pinpoints opportunities and
delivers powerful results. More information about Navigant can be found
at navigant.com.
* The information contained in this press release concerning the
report, Market Data: Low Voltage Vehicle Electrification, is a
summary and reflects Navigant Research’s current expectations based on
market data and trend analysis. Market predictions and expectations are
inherently uncertain and actual results may differ materially from those
contained in this press release or the report. Please refer to the full
report for a complete understanding of the assumptions underlying the
report’s conclusions and the methodologies used to create the report.
Neither Navigant Research nor Navigant undertakes any obligation to
update any of the information contained in this press release or the
report.
Contacts
Navigant Research
Lindsay Funicello-Paul, +1-781-270-8456
[email protected]