STRATEGIC MARKET ANALYSIS IN THE FIELD OF ELECTROMOBILITY – STATUS & FORECASTS

MEYER INDUSTRY RESEARCH, an experienced market research company, creates strategic market analyses and individual market studies .

A market analysis of electromobility by MEYER INDUSTRY RESEARCH examines, for example, expected market volume, unit numbers, competition, customer requirements and trends in the e-mobility market.

CURRENT MARKET RESEARCH & MARKET ANALYSIS PROJECTS IN THE FIELD OF E-MOBILITY

We develop customized market analyses for our clients, tailored to their specific requirements. Click on the project examples to learn about some exemplary market analysis projects in the electromobility market.

Lithium-ion batteries will remain the dominant battery technology for electric vehicles for the next 10 years; significant commercialization of other battery technologies is not expected before 2030, based on the current state of development. Global production capacity for lithium-ion cells is projected to increase from approximately 200 GWh worldwide to around 600-650 GWh by 2023. China will clearly dominate as a manufacturing location, but the EMEA region is also building significant production capacity. For our client, a provider of automation systems and assembly robotics used in battery manufacturing, we examined the global market for lithium-ion manufacturing, identified the key battery producers in the various regions, and analyzed the leading competitors in battery manufacturing technology worldwide.

The development of charging infrastructure represents one of the biggest challenges in implementing electromobility. The market for charging technology includes providers of wallboxes, charging cables, and AC and DC charging stations. Innovative technologies such as inductive charging systems and bidirectional charging are also emerging. For our client, a leading manufacturer of charging cables for e-mobility, we analyzed the market for charging cables in Germany, Europe, and worldwide, as well as the leading providers of charging systems. Our client used our market analysis of e-mobility cables and charging systems for the strategic development of this business unit.

"Electric, fully networked, autonomous" – that's how leading OEMs describe the future of the automobile. The electrification of the powertrain and auxiliary components, in particular, has a massive impact on suppliers of hydraulic components for drive, brakes, steering, and chassis. Our client, a global systems supplier of fluid power components for the automotive sector, commissioned us to conduct a comprehensive strategy analysis of market developments, competitive reactions, and potential growth areas resulting from the electrification of main and auxiliary components.

"Which cooling concepts will vehicles with hybrid and fully electric powertrains use in the future?" We investigated this question for a system supplier of fluid technology components in the e-mobility market. A variety of cooling concepts are found in electric vehicles, ranging from conventional glycol-based systems to air cooling, convection systems, PCM, and novel refrigerant-based solutions. Through comprehensive market and technology analyses, we developed a market overview and an outlook on technological developments in vehicle cooling for electromobility.

The global market for charging inlets for electric and hybrid vehicles is expected to grow fivefold by 2030, reaching approximately 34 million units (CAGR of about 20%). Alongside established standards such as CHAdeMO, GB/T, CCS1 and 2, and the Tesla solution, a new standard, ChaoJi, is entering the market, aiming to harmonize the currently fragmented charging inlet market. Against the backdrop of this dynamic market development, we analyzed the market situation and key players in the electric vehicle charging inlet market, including Ampenol, Aptiv, Phoenix Contact, Mennekes, and Avic Jonhon, for a leading Tier 1 supplier.

Electric drive axles are a key component in many future electric vehicles. Numerous OEMs and suppliers are developing e-axle concepts, and market players like Bosch and Continental anticipate a multi-billion-dollar market in the foreseeable future. For our client, a component supplier for the axle sector, we analyzed the market situation, the activities of leading manufacturers, and the competitive landscape from our client's perspective.

E-delivery vehicles are electrically powered robots and small vehicles that automatically deliver packages or groceries to customer addresses. A secure compartment containing the goods to be delivered can be unlocked using a smartphone. The goal of deploying these delivery robots is to automate the "last mile." The market for delivery robots is currently in a pilot phase, with numerous providers experimenting with these electric delivery vehicles. For our client, a supplier in the field of sensor technology, we examined the market for electric delivery robots. Due to the extensive use of sensors (ultrasound, IMU, lidar) and cameras, the market for electric delivery robots offers attractive market potential. Our market analysis identified the market opportunities for the client and analyzed various market entry options.

What market opportunities does the future of autonomous, connected vehicles offer for suppliers outside the electronics and software sectors? How will self-driving vehicles affect the overall market and the demand for specific vehicle components? How will service concepts and spare parts requirements change in the context of a "shared mobility" future? A leading international automotive supplier commissioned us to analyze the market and competitive landscape in relation to these questions.

Our client, a world-leading manufacturer of high-precision machining centers, possesses sophisticated manufacturing solutions for the mechanical processing of electric motor housings, which are increasingly used in all areas of e-mobility. The Swabian machine manufacturer commissioned us to conduct a structured global analysis of the electric motor housing manufacturers for electric vehicles.

The global market for high-voltage connectors (Class 3-5), driven by strong growth in electric and hybrid vehicles, is projected to reach approximately 92 million units in 2025 and around 148 million units in 2030. Against this backdrop of attractive growth potential, our market analysis for high-voltage connectors examined the activities of leading European OEMs and connector manufacturers such as TE, Rosenberger, and Aptiv.

MARKET FORECASTS ON ELECTROMOBILITY 2025 – 2031

The future of e-mobility and other alternative drive systems is once again the subject of much discussion. The euphoria of recent years has subsided, and OEMs are currently scaling back their plans to expand purely electric drive concepts and revising their medium-term goals and strategies regarding e-mobility. So-called "multi-energy" platforms, which can be equipped with combustion engines, hybrids, and electric architectures depending on market demand and customer preferences, are regaining importance in the current model planning of leading OEMs. Large suppliers also need to adjust their capacities in the area of ​​e-mobility components and prepare for the delayed market development.

IHS Automotive/S&P Global, frequently cited in the industry, predict a delayed, yet still clearly positive, market development for BEVs in their latest forecast for the end of 2024 : In 2031, approximately 32% of global light vehicle production is expected to be based on BEV platforms, significantly less than previously forecast. 30% of production in 2031 is expected to be based on internal combustion engines (ICE), and 38% on multi-energy platforms designed for various drive concepts.

Volkswagen is expected to have the highest proportion of dedicated BEV platforms among major European OEMs , aiming to base approximately 45% of its production on dedicated BEV platforms by 2031. Mercedes-Benz is also expected to have an above-average BEV platform share of around 40%, followed by BMW with approximately 32%. The market thus remains dynamic, and current political shifts are likely to contribute to strong dynamism within the industry.

Our tailored market analyses in the field of electromobility help our clients maintain an overview of the rapidly changing e-mobility market. Our electromobility market studies compile the latest market data and forecasts and evaluate them in relation to their specific business situation. This enables fact-based decisions and targeted investments.

MARKET ANALYSIS TOP 100 ELECTROMOBILITY SUPPLIERS

Market study on the top 100 suppliers for electromobility: In our market study "E-Mobility Suppliers Germany 2020" by MEYER INDUSTRY RESEARCH, we systematically examined for the first time the leading 100 suppliers for electromobility with headquarters and production facilities in Germany.

Facts about companies and industry: The market study “E-Mobility Suppliers Germany 2020” collected data on the revenue, number of employees and profitability of the top 100 suppliers for electromobility with headquarters and production facilities in Germany, the regional distribution of the companies and the product groups manufactured (e.g. drive battery, thermal management, power electronics, high-voltage components).

Global players and hidden champions: As expected, the market study TOP 100 Suppliers for Electromobility 2020 shows that large supplier groups such as Bosch, ZF, and Schaeffler also play a leading role when it comes to systems and components for electric vehicles. At the same time, medium-sized specialists are also taking advantage of the opportunities arising from the increasing demand for charging infrastructure, electric motors, batteries, and control electronics.

Download our free market analysis "Electromobility Suppliers Germany 2020" as a PDF

Download Top 100 E-Mobility Suppliers

ROLE OF ELECTROMOBILITY FOR MEDIUM-SIZED SUPPLIERS

In their market analysis for electromobility, the major automotive suppliers reveal the industry trend:

Bosch anticipates a delayed but still ongoing upward trend in e-mobility. They expect further growth, which will not be linear but rather cyclical , but will lead to a clearly increasing share of electric drives in the medium term. The supplier ZF also assumes that the transformation will take longer than originally planned and that plug-in hybrids, , will play a significant role in the coming years. However, ZF also considers a return to purely combustion-engine vehicles to be a misguided approach.

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