E-Axle Market to 2025 | Global Analysis, Size, Growth, Trends & Industry Report | Allied Market Research
PORTLAND, OREGAON, UNITED STATES, November 21, 2023 /EINPresswire.com/ -- According to a recent report published by Allied Market Research, titled,"E-Axle market by Drive Type (Forward Wheel Drive, Rear Wheel Drive, and All-wheel Drive), Component (Combining Motors, Power Electronics, Transmission, and Others), and Vehicle Type (ICE Vehicle (Passenger & Commercial Vehicles), and Electric Vehicles): Global Opportunity Analysis and Industry Forecast, 2018-2025.
𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐢𝐳𝐞 𝐚𝐧𝐝 𝐅𝐨𝐫𝐞𝐜𝐚𝐬𝐭 :
The E-Axle market was valued at $2,009.71 million in 2017, and is projected to reach $21,639.01 million by 2025, registering a CAGR of 34.6% from 2018 to 2025. The transmission component type segment was the highest contributor to the market in 2017, accounting for $1,645.4 million, and is estimated to reach $ 15,868.5 million by 2025, registering a CAGR of 32.7% during the forecast period. At present, Asia-Pacific dominates the market, followed by Europe, North America, and LAMEA. China dominated the global E-axle market size in 2017, whereas rest of Asia-Pacific is expected to grow at a significant rate during the forecast period.
𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐚𝐠𝐞𝐬 : https://www.alliedmarketresearch.com/request-sample/5268
𝐋𝐞𝐚𝐝𝐢𝐧𝐠 𝐌𝐚𝐫𝐤𝐞𝐭 𝐏𝐥𝐚𝐲𝐞𝐫𝐬 :
Robert Bosch GmbH,
Nidec Corporation,
ZF Friedrichshafen AG,
GKN Plc,
Schaeffler Technologies AG & Co. KG,
Continental AG,
Borgwarner Inc.,
AVL List GmbH,
Axletech International,
Dana Limited.
𝐓𝐡𝐞 𝐫𝐞𝐩𝐨𝐫𝐭 𝐨𝐟𝐟𝐞𝐫𝐬 𝐚 𝐝𝐞𝐭𝐚𝐢𝐥𝐞𝐝 𝐬𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧 𝐨𝐟 𝐭𝐡𝐞 𝐠𝐥𝐨𝐛𝐚𝐥 𝐄-𝐀𝐱𝐥𝐞 𝐦𝐚𝐫𝐤𝐞𝐭 𝐛𝐚𝐬𝐞𝐝 𝐨𝐧 𝐝𝐫𝐢𝐯𝐞 𝐜𝐨𝐦𝐩𝐨𝐧𝐞𝐧𝐭, 𝐭𝐲𝐩𝐞, 𝐯𝐞𝐡𝐢𝐜𝐥𝐞 𝐭𝐲𝐩𝐞, 𝐚𝐧𝐝 𝐫𝐞𝐠𝐢𝐨𝐧.
Based on component, the transmission segment accounted for the largest share in 2017, holding more than four-fifths of the total share, and is expected to maintain the largest share throughout the forecast period. However, the combining motors segment is expected to register the highest CAGR of 47.9% from 2018 to 2025.
𝐏𝐫𝐨𝐜𝐮𝐫𝐞 𝐂𝐨𝐦𝐩𝐥𝐞𝐭𝐞 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭 𝐍𝐨𝐰 : https://www.alliedmarketresearch.com/e-axle-market/purchase-options
Based on drive type, the forward wheel drive segment contributed to the largest share in 2017, accounting for more than half of the total share, and is estimated to maintain its dominant position during the forecast period. However, the all-wheel drive segment is estimated to portray the highest CAGR of 35.9% during the forecast period.
Based on region, Asia-Pacific contributed the highest share, accounting for more than two-fifths of the total market share in 2017, and will maintain its dominance throughout the forecast period. In addition, it is also expected to grow at the highest CAGR of 36.2% from 2018 to 2025.
𝐂𝐨𝐯𝐢𝐝-𝟏𝟗 𝐬𝐜𝐞𝐧𝐚𝐫𝐢𝐨 :
Manufactrurers across the globe have halted their production activities due to disrupted automotive supply chains during lockdown. In addition, this would lead to a decline in demand for E-Axle.
According to the China Passenger Car Association (CPCA), sales of automobiles in China have significantly dropped in June 2020 as compared to April 2020 and May 2020. This portrays the reducing demand of automobiles during Covid-19.
𝐈𝐧𝐪𝐮𝐢𝐫𝐞 𝐁𝐞𝐟𝐨𝐫𝐞 𝐁𝐮𝐲𝐢𝐧𝐠 : https://www.alliedmarketresearch.com/purchase-enquiry/5268
𝐑𝐞𝐚𝐝 𝐌𝐨𝐫𝐞 𝐑𝐞𝐩𝐨𝐫𝐭𝐬 :
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David Correa
Allied Market Research
+1 800-792-5285
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