STRATEGIC MARKET ANALYSIS IN THE FIELD OF ELECTRIC MOBILITY – STATUS & FORECASTS

market studies for OEMs, suppliers and future market participants in the field of electromobility .

An electromobility market analysis 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 more about some exemplary market analysis projects in the electric mobility market.

Li-ion batteries will remain the dominant battery technology for electric vehicles over the next 10 years; based on current developments, significant commercialization of other battery technologies is not expected before 2030. Global battery manufacturing capacity for Li-ion cells will increase from approximately 200 GWh currently to approximately 600-650 GWh in 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, which is also used in battery manufacturing, we examined the global market for Li-ion manufacturing, identified the most important battery producers in the regions, and analyzed the leading competitors for battery manufacturing technology worldwide.

The development of charging infrastructure represents one of the greatest challenges in the implementation of electromobility. The charging technology market includes providers of wall boxes, 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 examined the charging cable market in Germany, Europe, and worldwide, as well as the leading charging system providers in the market. Our client used our market analysis of e-mobility cables and charging systems to strategically develop the company's division.

"Electric, fully connected, autonomous" – this is 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 drivetrains, brakes, steering, and chassis. Our client, a globally active system supplier of fluid power components in the automotive sector, commissioned us to conduct a comprehensive strategic analysis of market developments, competitive reactions, and potential growth areas related to 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. Various cooling concepts, from conventional glycol-based systems to air cooling, convection systems, PCM, and innovative refrigerant-based solutions, are found in electric vehicles. Through comprehensive market and technology analyses, we developed a market overview and an outlook on technological developments in vehicle cooling for e-mobility.

The global market for charging inlets for electric vehicles and hybrids is expected to grow fivefold by 2030, reaching approximately 34 million units (CAGR of approximately 20%). In addition to established standards such as ChaDeMo, GB/T, CCS1 and 2, and the Tesla solution, ChaoJi, a new standard, is entering the market. It aims to harmonize the previously fragmented structure of the charging inlet market. Against the backdrop of this dynamic market development, we examined the market situation and the key players in the market for charging inlets for electric vehicles, 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 concepts in the field of electric axles, and market players such as Bosch and Continental expect a billion-dollar market in the foreseeable future. For our client, a component supplier for the axle sector, we examined the market situation, the activities of the leading manufacturers, and the competitive situation in the market from our client's perspective.

E-delivery vehicles are electrically powered robots and small vehicles that fully automatically deliver packages or groceries to the customer's address. A secured compartment containing the goods to be delivered can be unlocked using a smartphone. The goal of using 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 electric delivery vehicles. We investigated the market for electric delivery robots for our client, a supplier in the sensor technology sector. 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 highlighted 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 of the electronics and software sectors? How do self-driving vehicles impact the overall market and 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 perspective on this issue.

Our client, a leading global manufacturer of high-precision machining centers, offers sophisticated manufacturing solutions for the machining of electric motor housings, which are increasingly being used in all areas of e-mobility. The Swabian mechanical engineering company commissioned us to conduct a structured global analysis of the manufacturing landscape for electric motor housings in e-vehicles.

Driven by strong growth in electric and hybrid vehicles, the global market for high-voltage connectors (Class 3-5) will reach approximately 92 million units in 2025 and approximately 148 million units in 2030. Given this 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 FOR 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 e-mobility goals and strategies. So-called "multi-energy" platforms, which can be equipped with combustion engines, hybrids, and electric architectures depending on market needs and customer preferences, are once again gaining importance in the current model planning of leading OEMs. Major suppliers must also adjust their capacities in the area of ​​e-mobility components and adapt to the delayed market development.

The market forecasts frequently used in the industry by analysts at IHS Automotive/S&P Global predict a delayed, albeit still clearly positive, market trend in the share of BEVs in their current 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 anticipated. 30% of production in 2031 is expected to be based on ICE/combustion engines, and 38% on "multi-energy" platforms, i.e., platforms designed for various drive concepts.

The highest share of pure BEV platforms among major European OEMs is expected at Volkswagen , which aims to realize approximately 45% of its production based on pure BEV platforms by 2031. Mercedes-Benz expects an above-average BEV platform share of approximately 40%, followed by BMW with approximately 32%. The market therefore remains dynamic, and the current political shifts are likely to contribute to a high level of dynamism in the industry.

Our customized 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 with regard to their business situation. This allows for fact-based decisions and targeted investments.

MARKET ANALYSIS TOP 100 ELECTRIC MOBILITY 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 in Germany.

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

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

Download our free market analysis ELECTRIC MOBILITY SUPPLIERS Germany 2020 as a pdf

Download Top 100 E-Mobility Suppliers

ROLE OF ELECTROMOBILITY FOR SME SUPPLIERS

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

Bosch anticipates a delayed but still ongoing upward trend in e-mobility. It anticipates continued growth, not linear but occurring in waves , but leading to a clearly increasing share of electric drives in the medium term. The supplier ZF also assumes that the transition will take longer than originally planned and that plug-in hybrids, , will play a significant role in the coming years. However, ZF also sees a return to pure combustion engines as a mistake.

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