Increasing Demand for Reliable Electric Systems in Vehicles drives Vehicle Electrification Market.

p class=MsoNormalThe vehicle electrification market is projected to grow at a CAGR of 8.17% from 2017 to 2022, to reach a market size of USD 92.59 billion by 2022 from USD 62.53 billion in 2017. Stringent emission and fuel efficiency norms, increasing demand for reliable electric systems in vehicles are the major drivers for the vehicle electrification market./p