NEWSWIRETODAY Press Release& Newswire Distribution | HOME
MOST TRUSTED NEWSWIRE PRESS RELEASE DISTRIBUTION
PRTODAY / NewswireToday press release distribution service network
Written by / Agency / Source: Frost & Sullivan
Check Ads Availability|e-mail Article

Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

Hybridization and Electric Vehicle Segments to Boost Global Powertrain Industry Finds Frost & Sullivan - As governments push for a carbon-neutral economy, lowering emissions will be key, with powertrain electrification playing a vital role
Hybridization and Electric Vehicle Segments to Boost Global Powertrain Industry Finds Frost & Sullivan

 

NewswireToday - /newswire/ - Santa Clara, CA, United States, 2021/08/19 - As governments push for a carbon-neutral economy, lowering emissions will be key, with powertrain electrification playing a vital role.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Automotive / Trucking / RV Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Internal combustion engines face more competition from electrified powertrains following stricter emission norms.

Frost & Sullivan’s recent analysis on the global powertrain industry finds that electric vehicles are gaining in popularity against the dominant internal combustion engines (ICE) segment. As governments push for a carbon-neutral economy, lowering emissions will be key, with powertrain electrification playing a vital role. Light vehicle (LV) sales worldwide are estimated to reach 80.2 million units in 2021 from 74.6 million units in 2020, growing at 7.5%. Mild hybridization will continue to be the fastest-growing trend in the short to medium term, ahead of battery electric vehicles (BEVs), fuel cell electric vehicles (FCEVs), and plug-in hybrid electric vehicles (PHEVs).

“Conventional ICE-powered vehicles face intense competition from powertrain electrification, resulting in lower cost and increased range. Further, with the declining trend of ICE-powered vehicles sales, EVs (BEVs and PHEVs) and even full hybrid electric vehicles (FHEVs) are likely to grow at an impressive rate,” said Bharath Kumar Srinivasan, Senior Industry Analyst, Mobility at Frost & Sullivan. “From an opportunity perspective, with the continued demand for lowering emissions and fuel consumption, original equipment manufacturers (OEMs) should offer direct injection and boosting technologies based on regional preferences, cost, and performance.”

Srinivasan added: The global push toward a carbon-neutral economy is leading to ever-stringent regulations, which are impacting regions, with some already committing to the ICE ban while others are still working toward specific commitments. The introduction of the Worldwide Harmonized Light Vehicle Test Procedure (WLTP) across key global markets will also help standardize fuel economy calculations and emissions.

Key regional insights include:

• North America: With the new government supporting stricter emissions norms and reinstating California’s capacity to set its own emission standards, downsizing and boosting technologies will find increased adoption, along with 48V mHEVs, to improve emissions and fuel economy.

• Europe: Diesel vehicle sales will continue to decline, while mild hybrids will witness high growth rates. Extended lockdowns across Europe in 2021 and slower economic growth will slow European automotive sales recovery in 2021, with the 16 million unit sales of 2019 getting breached only in 2022.

• ASEAN: Continuing its position as a manufacturing hub, ASEAN is focusing on emission cuts through blended fuels, with vehicle electrification playing a supporting role in mild hybridization in the form of 12V systems.

• China: While EVs will continue to grow, government support for hybrid vehicles will result in increased adoption of vehicle hybridization by the OEMs in 2021, with the share of conventional ICE vehicles continuing to shrink.

• India: Demand for diesel powertrains in India will increase with expected launches from India’s key OEM Maruti Suzuki, while the more stringent CAFÉ regulations in 2022 will increase powertrain electrification.

Global Powertrain Outlook 2021 is the latest addition to Frost & Sullivan’s Mobility research and analyses available through the Frost & Sullivan Leadership Council, which helps organizations identify a continuous flow of growth opportunities to succeed in an unpredictable future.

About Frost & Sullivan

For six decades, Frost & Sullivan (frost.com) has been world-renowned for its role in helping investors, corporate leaders and governments navigate economic changes and identify disruptive technologies, Mega Trends, new business models, and companies to action, resulting in a continuous flow of growth opportunities to drive future success. Contact us: Start the discussion

Global Powertrain Outlook 2021 / MG04

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Automotive / Trucking / RV Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: Frost & Sullivan

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick NewswireToday Visibility Checker

 

Distribution / Indexing: [+]  / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Automotive / Trucking / RV articles,
CATCH Visitors via Your Competitors Announcements!


Hybridization and Electric Vehicle Segments to Boost Global Powertrain Industry Finds Frost & Sullivan

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name NewswireToday and LINK as the source.
 
Publisher Contact: Melissa Tan - Frost.com 
+65 6890 0926 melissa.tan[.]frost.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Frost & Sullivan securities in any jurisdiction including any other companies listed or named in this release.

Automotive / Trucking / RV via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY

Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From Frost & Sullivan / Company Profile


Read Automotive / Trucking / RV Most Recent Related Newswires:

Flexible in City and Intercity Use - New MAN Lion's Intercity LE Sets Benchmark in Low Entry Class
Kudelski IoT and Idneo Enable Secure and Simple Accessibility Solutions to Electric Vehicles and Mobility-as-a-Service Clients
HUBER+SUHNER Becomes Supplier of Radar Antennas to Leading Tier 1 Automotive Supplier
ABB Charges Ahead with EV Energy Delivery Compliant to the German Eichrecht
Rapid Vehicle Electrification to Drive the Global Li-ion Battery Materials Market Finds Frost & Sullivan
Frost & Sullivan Awards REE Automotive 2021 Global EV Platform
Qualcomm Works with Google to Bring Premium and Intelligent In-Vehicle Experiences to Renault Group’s Mégane E-TECH Electric
GCC Light Vehicle Aftermarket Recovery Aided by Pre-owned Car Segment, Shared Mobility, and Digitalization Finds Frost & Sullivan
Fuel Cell Trucks Market Gains Momentum as Auto Industry Embraces a Hydrogen Economy Transition Finds Frost & Sullivan
BASF Presents Lightweight and Emission Reduction Roof Frames Made with Ultradur® High Speed
Intensifying Electrification and Fuel Economy Targets Set to Propel the Global Electric Vehicle Market Finds Frost & Sullivan
BASF, L&L Products and Stellantis Collaborate for Lightweight Success on the 2021 Jeep Grand Cherokee L
Multi-brand Servicing and Data Analytics to Spark Commercial Vehicle Aftersales Market in Europe Finds Frost & Sullivan
BASELABS Lauded by Frost & Sullivan for its Industry-leading Sensor Fusion Product that Opens A New Sourcing Strategy
Increasing Demand for Innovative Features Propels the Global Connected Cars Market Finds Frost & Sullivan

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  Limelon Advertising, Co.

Visit  BizJobs.com





 
  ©2021 NewswireToday — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com newswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are proudly NOT affiliated with USA TODAY (usatoday.com)