Emerging Growth Of E-Axle Market 2019: Report gives immense knowledge on the competitive nature Analysis Forecast by 2027
The E-Axle Market to 2027 highlights the key growth strategies adopted by the leading players of the E-Axle industry in the competitive landscape, including their key developments and profile. The study evaluates current trends and analyses drivers, restraints, and opportunities during the forecast period. The E-Axle Market is anticipated to witness decent growth in the coming years.
The E-Axle is a cost-attractive, compact electric drive solution for hybrid and battery-electric vehicles. The vehicle’s axle is powered with the help of a compact unit consisting of power electronics, electric motor, and power transmission. This supports in making electric drives less complex but simpler. Moreover, through this e-axle, the powertrain becomes cheaper, more efficient, and more compact. The E-axle is featured with the benefit of high system efficiency that further ensures greater electric range or lower requirements for the battery capacity.
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The global E-axle market is segmented on the basis of component, drive type, and electric vehicle type. Based on component, the market is segmented as combining motors, power electronics, transmission, and others. Further, based on drive type, the E-axle market is divided into forward wheel drive, rear wheel drive, and all-wheel drive. Furthermore, on basis of electric vehicle type, E-axle market is segmented as hybrid electric vehicles, battery electric vehicle, and plug-in hybrid electric vehicle.
Leading companies profiled in the report include:
- Allison Transmission Inc.
- AVL List GmbH
- Borgwarner Inc.
- Continental AG
- Dana Limited
- GKN Plc
- Nidec Corporation
- Robert Bosch GmbH
- Schaeffler Technologies AG & Co. KG
- ZF Friedrichshafen AG
The report includes details such as financial overview, product/ services offered, notable developments, and SWOT analysis for each of these companies.
The major drivers contributing to the growth of the E-axle market include the increase in sales of electric & hybrid vehicles across the globe and the rise in adoption of EVs due to increasing fuel costs. However, the high cost of the electric axle drive system is the key factor that is hindering the market growth. Moreover, an increase in research and development activities for improvement in electric vehicle performance and deployment of E-axle in ICE vehicles are the factors that are anticipated to boost the market growth in the coming years.
E-Axle Market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market payers from E-Axle Market are anticipated to lucrative growth opportunities in the future with the rising demand for E-Axle Market in the global market
The report offers an extensive pool of market data covering market sizes, revenue forecasts, value chain, product trends, and price trends that serve as a blueprint for businesses.
The E-Axle Market is segmented based on a, b, and c. The report provides exhaustive PEST analysis for five major regions, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and South & Central America (S&CAM). The report covers forecasts of 18 major countries along with existing trends and opportunities within these regions.
The report acknowledges following key Elements:
- E-Axle Market size and growth rate in the forecast period.
- Key market trends affecting the E-Axle Market.
- Drivers and challenges to market growth.
- SWOT analysis of the existing vendors in the Global E-Axle Market.
- Market initiatives by the leading vendors.
- PEST analysis across five major regions.
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