North America Plug-in Hybrid and Battery Electric Vehicles Aftermarket Report 2021: Ongoing Vehicle Power Train Electrification is Expected to Accelerate in the Wake of the COVID-19 Pandemic

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Nov 03, 2021, 08:15 ET

DUBLIN, Nov. 3, 2021 /PRNewswire/ -- The "North America Plug-in Hybrid and Battery Electric Vehicles Aftermarket Growth Opportunities, 2021" report has been added to ResearchAndMarkets.com's offering.

This study identifies five business models and five component categories that aftermarket participants can tap into and provides an in-depth qualitative and quantitative analysis of these new demand pockets.

The North American passenger vehicle industry is approaching an inflection point. The ongoing vehicle power train electrification is expected to accelerate in the wake of the COVID-19 pandemic as policymakers and the entire mobility ecosystem intensify their focus on the sustainability aspects of personal motoring.

As passenger vehicle electrification progresses, aftermarket participants increasingly agree that the entire value chain's revenue and profit pools will shrink due to the burgeoning plug-in hybrid electric vehicle (PHEV)/battery electric vehicle (BEV) footprint in the overall light vehicle parc.

Against this backdrop, the analyst identifies business models and component categories expected to emerge as new demand pockets for incumbents and new entrants in the North American automotive aftermarket.

The research offers insights for stakeholders across the light vehicle aftermarket value chain, including but not limited to:

(i) Service providers investing or contemplating to invest in battery end-of-life management and battery charging needs fulfilment for personal vehicles and shared mobility fleets
(ii) Aftermarket component suppliers, distributors, retailers, and end-channel workshops

Research Highlights

For each business model discussed, apart from the opportunity and revenue estimation, the study touches on resource strategy, channel strategy, partnership strategy, key initiatives, and key cost/revenue drivers and restraints.
For each component category, besides the regular quantitative insights, such as market size and revenue estimation, the study briefly highlights anticipated failure modes and replacement trends.

Key Issues Addressed

What is the anticipated overall electrification trajectory of the North American light vehicle population from 2020 to 2030?
What is the age mix of the North American PHEV/BEV population between 2020 and 2030?
What are the key impediments to electric vehicle adoption and how do various aftermarket participants address these concerns with their unique business models?
What are the key growth drivers and restraints for these electrification-led business models?
Who are the market leaders for each of the business models identified?
What are other emerging growth opportunities in the PHEV/BEV aftermarket?
Which are the companies-to-action capitalizing on these nascent growth opportunities and what is the way forward for prospective investors contemplating to enter into similar business lines?

Key Topics Covered:

1. Strategic Imperatives

Why Is It Increasingly Difficult to Grow?
The Strategic Imperative
The Impact of the Top Three Strategic Imperatives on the PHEV/BEV Servicing Industry
Growth Opportunities Fuel the Growth Pipeline Engine
Abbreviations and Glossary

2. Growth Environment

Impact of C.A.S.E on the Aftermarket Ecosystem
Incumbents and New Entrants are Addressing Common Impediments to EV Adoption
Key Findings
Electrification Policy and Investment Landscape - United States
Electrification Policy and Investment Landscape - Canada
Evolving Battery Technology and Economics
Electrification-led Business Models
EV Components Replacements in the Aftermarket

3. Growth Opportunity Analysis

PHEV/BEV Aftermarket Scope of Analysis
PHEV/BEV Aftermarket Segmentation
Growth Drivers for the PHEV/BEV Aftermarket
Growth Restraints for the PHEV/BEV Aftermarket
Forecast Assumptions, PHEV/BEV Aftermarket
Key Growth Metrics, PHEV/BEV Aftermarket - Electrification-led Business Models
Key Growth Metrics, PHEV/BEV Aftermarket - EV Component Replacements

4. PHEV/BEV Sales and VIO Forecasts

PHEV/BEV Unit Sales Forecast
PHEV/BEV Vehicles in Operation Forecast
PHEV/BEV Percent VIO Forecast by Age
PHEV VIO Forecast by Age
BEV VIO Forecast by Age

5. EV Battery End-of-Life Management

Process Overview - EV Battery End-of-Life Management
Business Model Overview - EV Battery End-of-Life Management
Growth Drivers for EV Battery End-of-Life Management
Growth Restraints for EV Battery End-of-Life Management
Cumulative Retired Battery Capacity Forecast
Cumulative Revenue Forecast
Battery 4R Services - Spiers New Technologies, United States
Battery Recycling - Li-Cycle, United States and Canada

6. Totaled Vehicle Battery Refurbishments

Process Overview - Total-Loss Vehicle Battery Refurbishments
Business Model Overview - Totaled Vehicle Battery Refurbishments
Growth Drivers for Totaled Vehicle Battery Refurbishments
Growth Restraints for Totaled Vehicle Battery Refurbishments
Reusable Battery Capacity Forecast
Revenue Forecast

7. Private Level 2 EVSE Sales (b2c)

Home Charging Preferences of BEV Users Set to Drive Level 2 EVSE Sales
Business Model Overview - Private Level 2 EVSE Sales
Growth Drivers for Private Level 2 EVSE Sales
Growth Restraints for Private Level 2 EVSE Sales
Unit Shipment Forecast
Revenue Forecast

8. Mobile DC Fast Charging

DC Fast Charging Infrastructure Deficit in North America
Business Model Overview - Mobile DC Fast Charging
Growth Drivers for Mobile DC Fast Charging
Growth Restraints for Mobile DC Fast Charging
Energy Demand Forecast
Revenue Forecast
DC Fast Charging on Demand - SparkCharge

9. Modular Battery Swapping for Fleets

Process Overview - Modular Battery Swapping for Fleets
Business Model Overview - Modular Battery Swapping for Fleets
Growth Drivers for Modular Battery Swapping for Fleets
Growth Restraints for Modular Battery Swapping for Fleets
Ride Hailing BEV Fleet Energy Consumption Forecast
Revenue Forecast
Modular Battery Swapping - Ample, United States

10. PHEV/BEV Spare Parts Replacement Opportunity

Unit Shipment Forecast of PHEV/BEV Replacement Components
Revenue Forecast for PHEV/BEV Replacement Components
eCompressors (BEV) Unit Shipment and Revenue Forecast
Integrated Starter Generator (PHEV) Unit Shipment and Revenue Forecast
Batteries (BEV) Unit Shipment and Revenue Forecast
Power Electronics (BEV) Unit Shipment and Revenue Forecast
Drive Motors (BEV) Unit Shipment and Revenue Forecast

11. Growth Opportunity Universe

Growth Opportunity 1 - Hybrid/EV Conversions of ICE VIO
Growth Opportunity 2 - Mobile Service for Private EVs
Growth Opportunity 3 - Dealer Infrastructure Upgrades for EV Support
Growth Opportunity 4 - Tire Life Optimization Technology for EV Fleets
Growth Opportunity 5 - SOTA Updates

12. Next Steps

Companies Mentioned

Ample
SparkCharge

For more information about this report visit https://www.researchandmarkets.com/r/co8148

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