The report for Global Smart Electric Drive Market comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance.
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Smart Electric Drive Key Players Competitive Landscape Analysis:
The key players in Smart Electric Drive market are ZF Friedrichshafen (Germany), Robert Bosch AG (Germany), SMR (India), GKN PLC (U.K.), AVL List Gmbh (Austria), Magnetic Systems Technology (Magtec) (U.K.), ACTIA Group (France), BorgWarner (U.S.), SIEMENS AG (Germany), ABM Greiffenberger (Germany).
Many of the global automotive giants have already wagered their fortunes on hybrid, and electric vehicles and the rest are likely to follow soon. This is owing to the future viability of these vehicles despite the current market hegemony of fossil fuel powered cars. Rising fossil fuel prices and concerns over carbon emission of vehicles with internal combustion engines continue to create new windows of opportunity for electric vehicles. Factors as such are expected to support the growth of the market during the forecast period. Meanwhile, manufacturers are also emphasizing on development of more affordable electric cars in order to penetrate markets that have large pools of price-sensitive customers.
The global E-drive for automotive market has witnessed significant growth in recent years partly due to continuous product innovation and increased focus on research and development by market players. The opportunities that currently exist are being quickly recognized by automotive manufacturers, which also characterizes the growing competition and influx of new entrants in the market. However, the increased competition in the market is threatening new players who are unable to match the levels of large-scale companies.
For the scope of the research, MRFR’s report offers a comprehensive segmental analysis of the global market for e-drive for automotive
By Drive Type:
Front Wheel Drive
Rear Wheel Drive
By Electric Vehicle Type:
Battery Electric Vehicles
Hybrid Electric Vehicles
Plug-In Hybrid Electric Vehicles
The global E-drive for automotive, by region, has been segmented into North America, Europe, Asia Pacific (APAC), and the Rest of the World (RoW). Asia Pacific currently accounts for the largest market share and this trend is likely to continue beyond 2018. Emergence of China as the largest automotive market and the strong hold of Japan over the global auto sector are among the key forces driving the growth of the market in the region. China is the largest electric vehicle manufacturers and is expected to present significant growth opportunities for market players. Europe is expected remain the second largest market for E-drive for automotive during the review period. Increased production and stricter laws to carbon emission issues is boding well for electric variants in the region. A number of Europeans countries have also initiated plans for a complete ban on fossil fuel powered vehicles.
List of Tables:
TABLE 1 MARKET SYNOPSIS
TABLE 2 LIST OF ASSUMPTIONS
TABLE 3 GLOBAL E-DRIVE FOR AUTOMOTIVE MARKET, BY DRIVE TYPE, 2016-2023 (USD MILLION)
TABLE 4 GLOBAL E-DRIVE FOR AUTOMOTIVE MARKET, BY PRODUCT, 2016-2023 (USD MILLION)
TABLE 5 GLOBAL E-DRIVE FOR AUTOMOTIVE MARKET, BY ELECTRIC VEHICLE TYPE, 2016-2023 (USD MILLION)
TABLE 6 GLOBAL E-DRIVE FOR AUTOMOTIVE MARKET, BY REGION, 2016-2023 (USD MILLION)
TABLE 7 NORTH AMERICA: E-DRIVE FOR AUTOMOTIVE MARKET, BY COUNTRY, 2016-2023 (USD MILLION)
TABLE 8 NORTH AMERICA: E-DRIVE FOR AUTOMOTIVE MARKET, BY DRIVE TYPE, 2016-2023 (USD MILLION)
TABLE 9 NORTH AMERICA: E-DRIVE FOR AUTOMOTIVE MARKET, BY PRODUCT, 2016-2023 (USD MILLION)
TABLE 10 NORTH AMERICA: E-DRIVE FOR AUTOMOTIVE MARKET, BY ELECTRIC VEHICLE TYPE, 2016-2023 (USD MILLION)
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