EV Transmission Market to Grow at a CAGR of 14.0% to reach US$ 3,860.7 Mn from 2020 to 2027

EV Transmission Market to Grow at a CAGR of 14.0% to reach US$ 3,860.7 Mn from 2020 to 2027
EV Transmission Market Forecast to 2027 – COVID-19 Impact and Global Analysis by Type (Single Speed and Multi-Speed); by Driveline Type (Battery Electric vehicle (BEV) and Hybrid Electric Vehicle (HEV)); and Geography

The EV transmission market was valued at US$ 2,236.4 Mn in 2020 and is expected to grow at a CAGR of 14.0% from 2020 to 2027 to reach US$ 3,860.7 Mn by 2027.   

Apart from the traction motor, another critical component related to the power performance in an electric vehicle’s systems is the transmission or gearbox in the drive system. When traveling, electric vehicles should have sufficient driving force to overcome road load. The acceleration performance and maximum speed performance of electric vehicles can be observed based on the wheel axle driving force curve and road load curve.

It has been observed that as multi-speed transmission has a different gear ratio, the performance scope of the motor can be expanded (with massive torque at low speed and with the high rotate speed at high speed). Thus, an electric vehicle with transmission has better road load resistance performance than that with a single ratio gearbox. It can reduce the power requirements for the motor and enhance the performance of the electric vehicle. Therefore, transmission is a better choice to improve the performance of an electric vehicle. 

Some of the key players in this market include BorgWarner Inc, Continental AG, Porsche AG, Eaton Corporation plc, Dana Limited, ZF Friedrichshafen AG

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This is a professional and in-depth study on the current state of the EV Transmission Market with a basic overview of the industry including definitions, classifications, applications and industry chain structure. The Strategic Insights and Development plans are also discussed and manufacturing processes and cost structures analyzed. EV Transmission Market import/export consumption, supply and demand figures and cost price and production value gross margins are also provided.

The segmentation in this research study has been finalized post in-depth secondary research and extensive primary research. In addition, the market is also segmented on the basis of technology offered by the leading participants in the industry in order to understand widely used market specific terminologies. Thus, we have incorporated the segments of the research and have finalized the market segmentation.

The Insight Partners EV Transmission Market Research Report Scenario include:-

  • The report provides qualitative and quantitative trends of global EV Transmission Market across type, type of products, service, and geography.
  • The report starts with the key takeaways (Chapter Two), highlighting the key trends and outlook of the global EV Transmission Market.
  • Chapter Three provides the research methodology of the study.
  • Chapter Four further provides PEST analysis for each region.
  • Chapter Five highlights the key industry dynamics in the EV Transmission Market, including factors that are driving the market, prevailing deterrent, potential opportunities as well as future trends. Impact analysis of these drivers and restraints is also covered in this section.
  • Chapter Six discusses the global EV Transmission Market scenario, in terms of historical market revenues, and forecast till the year 2027.
  • Chapter Seven to ten discuss EV Transmission Market segments by type, type of application, service, and geography across North America, Europe, Asia-Pacific, Middle East and Africa, South and Central America. They cover market revenue forecast, and factors driving and governing growth.
  • Chapter Eleven describes the industry landscape analysis. It provides detailed description of various business activities such as market initiatives, new developments, mergers and joint ventures globally along with a competitive landscape.
  • Chapter Twelve provides the detailed profiles of the key companies operating in the global EV Transmission Market. The companies have been profiled on the basis of their key facts, business description, products and services, financial overview, SWOT analysis, and key developments.
  • Chapter Thirteen, i.e. the appendix is inclusive of a brief overview of the company, glossary of terms, contact information, and the disclaimer section.

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The report also covers a detailed chapter of the analysis on COVID-19 impact on this market at global and regional level in our final reports.

This research provides detailed information regarding the major factors influencing the growth of the  EV Transmission Market in Global and Regional Level (drivers, restraints, opportunities, and challenges), forecast of the market size, in terms of value, market share by region and segment; regional market positions; segment and country opportunities for growth; New product developments, strengths and weaknesses, brand portfolio; Marketing and distribution strategies; challenges and threats from current competition and prospects; Key company profiles, SWOT, product portfolio and growth strategies.

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