Overview Of Automotive 48V System[PDF]

 The 48V system market opens up more cost-effective opportunities for hybridization by enabling a wide variety of different vehicle functions, from boosting engine performance to supplying the growing number of electrical consumers to powering functions. The primary purpose of this new voltage level is to reduce CO2 emissions by means of recuperation and start-stop features and to power electrical components classed as high-power loads (such as air-conditioning compressors, electrical heaters, pumps, and steering drives). Moreover, the deployment of 48-Volt technology, providing additional torque enables more dynamic handling and performance.

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The global automotive 48V system market is driven by increase in demand for hybrid and electric vehicle and rise in demand for 48V battery system. However, high cost of system in vehicles and rise in sale of battery electric vehicles restrain the growth of the market. Furthermore, increased safety & comfort features in vehicles and reduction of CO2 emission to meet future emission legislations are anticipated to provide lucrative growth opportunities for the players operating in the automotive 48v system market. 

The 48V batteries are widely used in hybrid cars and electric vehicles for driving the vehicle as well as for lighting system, pumps, and other applications. Furthermore, the 48V battery system hybrid solution is more cost-effective than the conventional battery-powered electric vehicle to reduce the emission. In addition, the 48V battery systems get charged quickly and batteries lasts for a longer period compared to conventional batteries. As the 48V battery comprises a crucial component of the automotive 48V system, most battery manufacturers have begun developing 48V batteries. For instance, Johnson Controls offers 48V battery systems for mild HEVs for use with 48V motors and electronics to deliver 15% more fuel economy over conventional vehicles. Therefore, the development of 48V battery system is expected to drive the growth of the automotive 48v system market in the near future.

The OEMs are implementing more electronic units, lightweight designs, and electrification of powertrains in their vehicle models. Speakers at the ICE Powertrain Electrification & Energy Recovery conference in May 2013 estimated that 70% of new cars in Europe in 2020 will need electrification to meet the European Union’s goal of 95 g/km of carbon-dioxide emissions. For instance, the five premier German car manufacturers, Audi, BMW, Daimler, Porsche, and Volkswagen announced their agreement to jointly incorporate a variety of architectural components for on-board power networks into their vehicles. The five OEM’s are implementing a 48V power supply, and appealed to suppliers to actively engage in R&D of components for vehicles with a 48V electric system. 

COVID Impact Analysis: With the advent in COVID-19 pandemic across the globe, the global automotive 48v system market has been affected as the manufacturing units have been shut down due to the imposed lockdown in major countries across the globe. Also, the unavailability of skilled labor has affected the market but the global automotive 48v system market is expected to register a significant growth in the near future owing to its rising technology adoptions in many vehicles of the developed countries.

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