IDTechEx Forecasts New EV Powertrain at $302B

Oct. 4, 2019

According to the research, it will take around $300 billion dollars of the car business by displacing conventional vehicle business even more than traditional hybrid business.

October 4, 2019—New research by IDTechEx in its report, "48V Mild Hybrid and 48V Full Hybrid Vehicles 2020-2030" reveals that the 48V mild-hybrid powertrain is a done deal.

48V full hybrid is going to grab around 10 percent of the total car market with something that is a bit of a mouthful. It will be "70 percent of an engine-dominant high-voltage hybrid's benefits at 30 percent of the powertrain cost." Overall, it will take around $300 billion dollars of the car business by displacing conventional vehicle business even more than traditional hybrid business.

2020 will see the first sales and 2023 the first big deliveries. The big prize is silent takeoff, creep in traffic, active cruising at speed and parking – all with the engine off. Also, more comfort and features. Pioneers include Skoda experimenting with them for four years and Continental and Borg Warner newly offering a full kit of 48V full hybrid parts to carmakers. 48V mild hybrids were seen as a quick fix with a limited window of opportunity and that was that. Now, 48V mild hybrids are seeing a new roadmap of great improvements discussed in the report, and the 48V full hybrid could take the technology past 2030. That is possibly beyond the life in the marketplace of the traditional HEV and plug-in hybrid PHEV as they get throttled between 48V full hybrids on price and pure electric cars (including solar 1000km range versions) on performance and convenience. Indeed, it is now realized that incremental improvements to 48V full hybrid powertrains may possibly extend to such exotica as solar and supercapacitor bodywork, electricity-producing suspension, autonomy and other features previously reserved for a pure electric end game.

The report "48V Mild Hybrid and 48V Full Hybrid Vehicles 2020-2030" reflects these new realities. The "Executive Summary and Conclusions" is sufficient in itself for those with limited time. It explains the architecture including that of the important new 48V full hybrids. It lists primary conclusions by market, technology, vehicle manufacturers and Tier One suppliers strongly involved. The Introduction explains ongoing incremental improvements including those producing more electricity and the large number of ways it can be used to improve emissions, comfort, performance, and economy. New infographics explain how these powertrains fit in with all options and you see the four key sales propositions for 48V hybrids as they evolve. Learn where 48V opportunities in other vehicles fit in and see many examples of such vehicles, but discover the curious case of Japan. Launch dates and fuel for different versions in 25 brands are tabled. There is a SOFT report for the 48V powertrain and forecasts 2020-2030 for number price and value market including geographical market. There are detailed technology roadmaps to 2030.

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