ResearchMoz added Latest Research Report titled " Global Micro-Hybrid Vehicle Market 2015-2019: Worldwide Market Size, Shares, Trends, Growth, Survey and Forecast report " to it's Large Report database.
Albany, NY -- (SBWIRE) -- 06/02/2016 -- The global 48V micro hybrid market is relatively new and still in its nascent stage. It is expected to grow exponentially in the coming years because of the benefits associated with the Class2 category of micro-hybrid vehicles. Technavios market research analysts project the global micro-hybrid vehicle market to grow at a CAGR of over 29% in the next four years.
The conventional versions of micro hybrid vehicles had a 12V battery that had performance issues. Micro hybrid vehicles need more powerful and long-lasting batteries than what conventional 12V lead-acid batteries can deliver. It has led to the development of the 48V battery that is being installed in the Class 2 micro-hybrids. The 48V battery system also provides support to the vehicles active chassis systems, and air conditioning compressors.
Global micro hybrid vehicle market by vehicle segmentation
- Light vehicles
- Heavy Vehicles
Browse Market info, get a Sample PDF with TOC: http://www.researchmoz.us/enquiry.php?type=S&repid=489799
In 2014, the light micro hybrid vehicle segment dominated the global automotive micro-hybrid market, and it is expected to show significant growth during the forecast period. The growth in the light micro-hybrid vehicle segment is driven by the demand of micro-hybrid vehicle from the APAC region.
Global micro-hybrid market by geography
The EMEA region is expected to account for the largest share of this market by 2019. The regulatory bodies of EU have set emission targets for all car manufacturers till 2020, based on the average mass of new cars registered in the region. The EMEA region receives a major share of its business from European countries such as Germany, Sweden, Italy, and France.
Leading vendors analyzed in this report
Browse more details at: http://www.researchmoz.us/global-micro-hybrid-vehicle-market-2015-2019-report.html
Key questions answered in the report -
- What are the key factors driving the global micro hybrid vehicle market?
- What are the key market trends impacting the growth of the global micro hybrid vehicle market?
- What are the various opportunities and threats faced by the vendors in the global micro hybrid vehicle market?
- Trending factors influencing the market shares for the global micro hybrid vehicle market?
- Market shares for APAC, Americas, and EMEA?
- Key outcome of the five forces analysis on the global micro hybrid vehicle market?
- Growth forecast of the global micro hybrid vehicle market?
ResearchMoz is the world's fastest growing collection of market research reports worldwide. Our database is composed of current market studies from over 100 featured publishers worldwide. Our market research databases integrate statistics with analysis from global, regional, country and company perspectives. ResearchMoz's service portfolio also includes value-added services such as market research customization, competitive landscaping, and in-depth surveys, delivered by a team of experienced Research Coordinators.
Albany NY - 12207
Tel: 866-997-4948 (Us-Canada Toll Free)
Follow us on LinkedIn at: http://bit.ly/1TBmnVG