10:15 | 02.11.2016
Global Sales of 48-Volt Systems are Expected to Reach 9 Million in 2025, According to Navigant Research

A new report from Navigant
Research examines the global market for low voltage electrification,
with an overview of the opportunities and challenges related to
improving light duty vehicle efficiency, including technologies likely
to reach production and forecasts for vehicle sales and the value of key
components, through 2025.

As more regions look to implement higher fuel efficiency standards,
vehicle manufacturers are investing in new technologies to ensure they
are able to comply with future legislation. Low voltage electrification
technologies offer a less-costly solution, particularly for larger
vehicles. Click
to tweet: According to a new report from @NavigantRSRCH,
global sales of 48-volt systems are expected to reach nine million in
2025 after first launching in 2016.

“While automakers search for the most cost-effective solutions to
continue reducing fuel consumption and emissions, while also providing
the electrical power needed for the ever-increasing feature sets of new
vehicles, 48-volt electrical systems will play an important role,” says
Sam Abuelsamid, senior research analyst with Navigant Research. “A
48-volt mild hybrid is estimated to provide 70 percent of the benefit of
a high-voltage hybrid at 30 percent of the cost while boosting
electrical power available in the vehicle from 2.5 kilowatts (kW) to 10

Automatic engine stop-start systems based on 12-volt electrical systems
are also anticipated to grow in popularity and are expected to reach
near universal adoption in Europe and North America by the end of the
decade, according to the report. On top of this, growth in Asia Pacific
will bring sales of low-voltage stop-start systems to more than 60
million units annually by 2025, representing a compound annual growth
rate of 10.6 percent.

The report, 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
2025. The report also examines the key 48V components related to low
voltage vehicle electrification, as well as the competitive landscape.
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
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
* The information contained in this press release concerning the
report, 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.
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