Global Automotive Electric Drivetrain System Overview
Automotive Electric Drivetrain System Market accounted for US$ 5.86 billion in 2020 and is estimated to be US$ 30.93 billion by 2030 and is anticipated to register a CAGR of 18.3%.
The only structural differences between a hybrid car and an ICE vehicle are the electric motors and drive cycle operation. The three primary parts of an electric vehicle's drivetrain are the power delivery module, inverter, and electric drive module (PDM). The size and component configuration is influenced by the vehicle's power output, which also has an impact on the price of the automobile's electric drivetrain components. The lack of infrastructure for vehicle charging will restrict the demand for hybrid drivetrains. The shortage of charging stations in developing countries will restrict the use of hybrid and electric automobiles. Lithium and rare earth metal supply bottlenecks must also be watched over in order to create a safe supply chain and address resource needs limitations.
Global Automotive Electric Drivetrain System Drivers & Restraints
The increasing demand for electric and hybrid cars is one of the major factors driving the automotive powertrain market. In every country on earth, the market for electric vehicles has grown significantly. China, which is followed by the United States, is the market leader for pure electric vehicles, accounting for more than 47% of the global market share in 2018. As battery costs decrease and technology advances, such as larger storage capacity, which has improved consumer adoption, it is expected that sales of electric cars will rise. As the world's temperatures are rising at an alarming rate, governments and businesses have made commitments to reduce greenhouse gas emissions.
Global Automotive Electric Drivetrain System Segmentations & Regional Insights
Automotive Electric Drivetrain System Market is segmented based on type, application, and region.
On the basis of type, the Automotive Electric Drivetrain System Market is segmented into All-Wheel Drive, Rear Wheel Drive, and Front Wheel Drive. On the basis of application, the Automotive Electric Drivetrain System Market is segmented into Passenger Car, and Commercial Vehicle.
Regional Insights:
On basis of region the Automotive Electric Drivetrain System Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The target global automotive electric drivetrain system labels market's largest share belongs to the Asia-Pacific region.
Attribute |
Details |
Base year for estimation |
2020 |
Forecast period |
2020– 2030 |
Market representation |
Revenue in USD Billion & CAGR from 2020 to 2030 |
Market Segmentation |
By Type – All-Wheel Drive, Rear Wheel Drive, and Front Wheel Drive. By Application – Passenger Car, and Commercial Vehicle. |
Regional scope |
North America - U.S., Canada Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific Latin America - Brazil, Mexico, Argentina, Rest of Latin America Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa |
Report coverage |
Revenue forecast, company share, competitive landscape, growth factors, and trends |
Segments Covered in the Report:
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2020 to 2030. For the purpose of this study, has segmented the Global Automotive Electric Drivetrain System report based on test, application, and region.
Automotive Electric Drivetrain System Market, By Type:
- All-Wheel Drive
- Rear Wheel Drive
- Front Wheel Drive
Automotive Electric Drivetrain System Market, By Application:
- Passenger Car
- Commercial Vehicle
Automotive Electric Drivetrain System Market, By Region:
- North America
- Middle East & Africa
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- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
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- Latin America
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- Brazil
- Mexico
- Rest of Latin America
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- Asia Pacific
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- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
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- Europe
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- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
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-
- U.S.
- Canada
- Middle East & Africa
Global Automotive Electric Drivetrain System Competitive Landscape & Key Players
The key players operating the Automotive Electric Drivetrain System Market Includes Aisin Seiki, GKN, Magna International, BorgWarner, Dana Holding, JTEKT Corporation, Magtec, Delphi Automotive, Visedo and Parker Hannifin.
Global Automotive Electric Drivetrain System Company Profile
- Aisin Seiki*
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- GKN
- Magna International
- BorgWarner
- Dana Holding
- JTEKT Corporation
- Magtec
- Delphi Automotive
- Visedo
- Parker Hannifin
Global Automotive Electric Drivetrain System Highlights
FAQs
The Global Automotive Electric Drivetrain System Labels Market is segmented into type, application, and region.
As drivetrain is an essential part of a vehicle, the growth of the drivetrain market is primarily triggered by the increasing production of automobiles.
Asia-Pacific region, have largest share in the target Global Automotive Electric Drivetrain System Labels market
The Key players operating in the global Automotive Electric Drivetrain System Labels Market include Aisin Seiki, GKN, Magna International, BorgWarner, Dana Holding, JTEKT Corporation, Magtec, Delphi Automotive, Visedo and Parker Hannifin