The global EV powertrain market accounted for US$ 30,095.5 Mn in 2018 and is expected to grow at a CAGR of 12.0% over the forecast period 2019-2027, to account for US$ 82,382.3 Mn by 2027. The EV powertrain market outlook is positive, as the electric vehicles are gaining popularity among the end-users. Increasing the adoption of these vehicles would enable the manufacturers to increase their production lines, thereby requiring an increased quantity of EV powertrains. This factor is expected to drive the EV powertrain market. Additionally, the presence of a large number of well-established and automotive industry recognized players in the market is allowing the end-users to technologically enhanced powertrain products, which is also a key driving force of the EV powertrain market. The volume of EV powertrain procurement is at a constant rise in the current scenario, owing to the fact that the OEMs are increasingly procuring the powertrains in large quantities to cater to the needs of the manufacturing of existing vehicle models and to test respective newer models practically.
Globally, several countries have been adopting stringent CO2 emission regulations, which is supporting the electrification of vehicles. The vehicle manufacturers have been reinforcing respective electrification policies and strategies to adhere to the strict regulations. In European countries, plug-in hybrid electric vehicles (PHEV) are linking the transformation to all-electric vehicles. China's market for new energy vehicles (NEVs, which consists of EVs and PHEVs) is anticipated to magnify quickly until 2020. The US market, on the other hand, is expected to accelerate with new policies and standards set towards the electrification of vehicles. These factors are significantly driving the EV powertrain market.
The overall EV powertrain market size has been derived using both primary and secondary sources. The research process begins with exhaustive secondary research using internal and external sources to obtain qualitative and quantitative information related to the EV powertrain market. It also provides the overview and forecast for the global EV powertrain market based on all the segmentation provided concerning five primary reasons such as North America, Europe, Asia-Pacific, and ROW. Also, primary interviews were conducted with industry participants and commentators to validate data and analysis. The participants who typically take part in such a process include industry expert such as VPs, business development managers, market intelligence managers, and national sales managers, and external consultants such as valuation experts, research analysts, and key opinion leaders specializing in the EV powertrain market.
Reasons to Buy:
Globally, several countries have been adopting stringent CO2 emission regulations, which is supporting the electrification of vehicles. The vehicle manufacturers have been reinforcing respective electrification policies and strategies to adhere to the strict regulations. In European countries, plug-in hybrid electric vehicles (PHEV) are linking the transformation to all-electric vehicles. China's market for new energy vehicles (NEVs, which consists of EVs and PHEVs) is anticipated to magnify quickly until 2020. The US market, on the other hand, is expected to accelerate with new policies and standards set towards the electrification of vehicles. These factors are significantly driving the EV powertrain market.
The overall EV powertrain market size has been derived using both primary and secondary sources. The research process begins with exhaustive secondary research using internal and external sources to obtain qualitative and quantitative information related to the EV powertrain market. It also provides the overview and forecast for the global EV powertrain market based on all the segmentation provided concerning five primary reasons such as North America, Europe, Asia-Pacific, and ROW. Also, primary interviews were conducted with industry participants and commentators to validate data and analysis. The participants who typically take part in such a process include industry expert such as VPs, business development managers, market intelligence managers, and national sales managers, and external consultants such as valuation experts, research analysts, and key opinion leaders specializing in the EV powertrain market.
Reasons to Buy:
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global EV powertrain market
- Highlights key business priorities in order to assist companies to realign their business strategies
- The key findings and recommendations highlight crucial progressive industry trends in the global EV powertrain market, thereby allowing players across the value chain to develop effective long-term strategies
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
- Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution
Table of Contents
1. Introduction
3. Research Methodology
4. EV Powertrain Market Landscape
5. EV Powertrain Market- Key Market Dynamics
6. EV Powertrain Market - Global Market Analysis
7. EV Powertrain Market Analysis - by Product Type
8. EV Powertrain Market Analysis - by Application
9. EV Powertrain Market- Geographic Analysis
10. EV Powertrain Market - Industry Landscape
11. EV Powertrain Market - Company Profiles
12. Appendix
Companies Mentioned
- Continental AG
- Robert Bosch GmbH
- Cummins, Inc.
- Maxim Integrated Products, Inc.
- Magna International Inc.
- Tata Elxsi
- Dana Limited
- Valeo SA
- Mahle GmbH
- ZF Friedrichshafen AG
