Pune 6, April 2023: The report expects the E-Drive for the Automotive Market to grow from USD 9.8 Bn in 2021 to USD 19.10 Bn by 2029 at a CAGR of 8.7 percent over the forecast period. The report is a mixture of primary data and secondary data and domain expert has analyzed the E-Drive for Automotive Market from a local, global and regional perspective.
E-Drive for Automotive Market Report Scope and Research Methodology
The report includes the current trends and market highlights in the E-Drive for the Automotive market. It provides the major drivers, challenges, and restraints of the market. The report covers the estimation of the E-Drive for Automotive market size and growth rate of the market investors and stakeholders perceive the investment decisions with the demand and pricing analysis of the market. Segment-wise analysis of the market is divided into Electric Vehicle Type, Vehicle Drive Type and Application.
Regional analysis of the market is conducted at a global, regional and country level and it helps the regional insights such as market share dominance, market penetration and upcoming market growth opportunities. The bottom-up approach was used for E-Drive for Automotive market size estimation. Primary and secondary data collection techniques with qualitative and quantitative analysis are used for the collection of data for the market. SWOT analysis was conducted to provide the strengths and weaknesses of the E-Drive for the Automotive industry while PESTLE was employed to understand the growth targets and risks of the market.
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E-Drive for Automotive Market Dynamics
The E-Drive for Automotive Market is driven by the increasing demand for E-Drive vehicles, the adoption by fleet operators and the increasing E-Drive advantages such as high dependability, decreased size and higher force age. The stringent policies and regulations for the emission of CO2 have been implemented by the government resulting in an increase in the E-Drive for Automotive Market demand. The technological advancements and increase in the use of hybrid and electric vehicles are also influencing factors for the growth of the E-Drive for the Automotive Market.
During the forecast period, the market growth is expected to be constrained by the high cost of the E-drive system, lack of charging points and shortage of skilled workforce.
E-Drive for Automotive Market Regional Insights
In 2021, Asia Pacific held the E-Drive for Automotive Market with a 49 percent market share and is expected to reach significant growth over the forecast period. The regional market growth is driven by the increasing demand for cars, the growth of the automotive industry and the increasing registration of passenger cars and vehicles. The increasing investment in the automotive industry, government policies for sustainable manufacturing and technological developments regarding electric vehicles are also influencing factors for the E-Drive for the Automotive Market growth.
E-Drive for Automotive Market Segmentation
By Electric Vehicle Type
- Battery Electric Vehicle
- Plugin Hybrid Vehicle
- Hybrid Vehicle
By Vehicle Drive Type
- Front Wheel Drive
- Rear Wheel Drive
- All Wheel Drive
By Application
- Passenger cars
- Commercial Vehicle
E-Drive for Automotive Market Key Players include:
- Robert Bosch AG
- BorgWarner
- ZF Friedrichshafen
- Magnetic Systems Technology(Magtec)
- ABM Greiffenberger
- SMR ,
- GKN PLC
- AVL List Gmbh
- ACTIA Group
- SIEMENS AG
- Toyota Motor Corporation
- Continental AG
- Robert Bosch GmbH
- Magna International Inc.
- AISIN SEIKI Co. Ltd
- Schaeffler AG
- Hitachi, Ltd,
- E-TRACTION B.V
- NISSAN MOTOR CO., LTD.
Table of Content for Global E-Drive for Automotive Market:
- Global E-Drive for Automotive Market: Research Methodology
- Global E-Drive for Automotive Market: Executive Summary
- Market Overview and Definitions
- Introduction to the Global Market
- Summary
- Key Findings
- Recommendations for Investors
- Recommendations for Market Leaders
- Recommendations for New Market Entry
- Global E-Drive for Automotive Market: Competitive Analysis
- MMR Competition Matrix
- Market Structure by region
- Competitive Benchmarking of Key Players
- Consolidation in the Market
- M&A by region
- Key Developments by Companies
- Market Drivers
- Market Restraints
- Market Opportunities
- Market Challenges
- Market Dynamics
- PORTERS Five Forces Analysis
- PESTLE
- Regulatory Landscape by region
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- South America
- COVID-19 Impact
- Global E-Drive for Automotive Market Segmentation
- Global Market, by Electric Vehicle Type (2021-2029)
- Global Market, by Vehicle Drive Type (2021-2029)
- Global Market, by Application (2021-2029)
- Regional Global E-Drive for Automotive Market(2021-2029)
- Regional Market, by Electric Vehicle Type (2021-2029)
- Regional Market, by Vehicle Drive Type (2021-2029)
- Regional Market, by Application (2021-2029)
- Regional Market, by Country (2021-2029)
- Company Profile: Key players
- Company Overview
- Financial Overview
- Global Presence
- Capacity Portfolio
- Business Strategy
- Recent Developments
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Key questions answered in the E-Drive for Automotive Market are:
- What is E-Drive for Automotive?
- What was the E-Drive for Automotive market size in 2021?
- What is the expected E-Drive for the Automotive market size by 2029?
- What is the growth rate of the E-Drive for the Automotive Market?
- Which are the factors expected to drive the E-Drive for Automotive market growth?
- What are the different segments of the E-Drive for the Automotive Market?
- What are the factors restraining the growth of the E-Drive for the Automotive Market?
- What is the demand pattern of the E-Drive for the Automotive Market?
- What are the major challenges that the E-Drive for Automotive Market could face in the future?
- What segments are covered in the E-Drive for Automotive Market?
- What are the recent industry trends that can be implemented to generate additional revenue streams for E-Drive for Automotive Market?
Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2021)
- Past Pricing and price curve by region (2018 to 2021)
- Market Size, Share, Size & Forecast by different segment | 2022−2029
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
- Market Segmentation – A detailed analysis of the Electric Vehicle Type, Vehicle Drive Type, Application and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of Business by Region
Maximize Market Research Automotive and Transportation research firm, has also published the following reports:
Smart E-Drive for Automotive Market: The market size is expected to reach USD 14467.59 Mn by 2029 at a CAGR of 35.9 percent during the forecast period. The market is driven by lower operating costs of EVs using smart electric drive technology, increasing demand for electric vehicles and the growing adoption of technology.
Automotive Drivetrain Market: The market size is expected to reach USD 315 Bn by 2029 at a CAGR of 7.5 percent during the forecast period. The market is driven by the increase in the sales of electric and hybrid vehicles and stringent emission regulations to reduce vehicle emissions.
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