According to the latest report by IMARC Group, titled, “E-Axle Market Trends: Global Industry, Share, Size, Growth, Opportunity and Forecast 2022-2027“, the global E-axle market reached a value of US$ 2.88 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 9.42 Billion by 2027, exhibiting at a CAGR of 21.49% during 2022-2027.

An e-axle refers to an electro-mechanical propulsion system equipped with axle structures, electric motors, power electronics, and transmission units. It acts as a compact and cost-efficient electric drive solution for battery electric vehicles (BEVs). E-axles are manufactured utilizing lightweight and high-strength metals, such as aluminum. They assist in reducing the complexity of BEVs and customizing power, torque, installation space, etc. Automotive Original Equipment Manufacturers (OEMs) rely on e-axle solutions to make optimum usage of the internal volume of vehicles for extra battery capacity and passenger space.

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Market Trends

The rising popularity of electric vehicles (EVs) is one of the key factors driving the e-axle market. In line with this, the elevating levels of urbanization and the inflating income levels of consumers are further catalyzing the market growth. Additionally, the growing consumer awareness towards the harmful effects of fossil fuel-based automobiles on human health and the climate is also propelling the product demand. Besides this, the expanding utilization of e-axles to enhance energy efficiency and improve the noise, vibration and harshness (NVH) performance is acting as another significant growth-inducing factor. Moreover, various government bodies across several countries are regulating or banning the sales of fossil fuel-based passenger cars to minimize vehicle-based carbon emissions, which is further augmenting the global market. Apart from this, numerous prominent manufacturers are focusing on developing advanced product variants that are equipped with high-strength casings and can also accommodate high torque and input speeds. This, in turn, is projected to bolster the global e-axle market over the forecasted period.

NoteWe are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

  • AVL List GmbH
  • Axletech International (Meritor Inc)
  • Borgwarner Inc
  • Continental AG
  • Dana Incorporated
  • GKN Plc (Melrose Industries)
  • Nidec Corporation
  • Robert Bosch GmbH
  • Schaeffler Technologies AG & Co. KG
  • ZF Friedrichshafen AG (Zeppelin-Stiftung).

The report has segmented the market based on component type, vehicle type and drive type.

Breakup by Component Type:

  • Combining Motors
  • Power Electronics
  • Transmission
  • Others

Breakup by Vehicle Type:

  • ICE Vehicles
  • Passenger Vehicle
  • Commercial Vehicle
  • Electric Vehicle

Breakup by Drive Type:

  • Forward Wheel Drive
  • Rear Wheel Drive
  • All Wheel Drive

Breakup by Region:

  • North America
  • Asia-Pacific
  • Europe
  • Latin America
  • Middle East and Africa

Table of Content:

1    Preface
2    Scope and Methodology

2.1    Objectives of the Study
2.2    Stakeholders
2.3    Data Sources
2.3.1    Primary Sources
2.3.2    Secondary Sources
2.4    Market Estimation
2.4.1    Bottom-Up Approach
2.4.2    Top-Down Approach
2.5    Forecasting Methodology
3    Executive Summary
4    Introduction

4.1    Overview
4.2    Key Industry Trends
5    Global E-Axle Market
5.1    Market Overview
5.2    Market Performance
5.3    Impact of COVID-19
5.4    Market Forecast
6    Market Breakup by Component Type
6.1    Combining Motors
6.1.1 Market Trends
6.1.2 Market Forecast
6.2    Power Electronics
6.2.1 Market Trends
6.2.2 Market Forecast
6.3    Transmission
6.3.1 Market Trends
6.3.2 Market Forecast
6.4    Others
6.4.1 Market Trends
6.4.2 Market Forecast
7    Market Breakup by Vehicle Type
7.1    ICE Vehicles
7.1.1 Market Trends
7.1.2 Key Segments Passenger Vehicle Commercial Vehicle
7.1.3 Market Forecast
7.2    Electric Vehicle
7.2.1 Market Trends
7.2.2 Market Forecast
8    Market Breakup by Drive Type
8.1    Forward Wheel Drive
8.1.1 Market Trends
8.1.2 Market Forecast
8.2    Rear Wheel Drive
8.2.1 Market Trends
8.2.2 Market Forecast
8.3    All Wheel Drive
8.3.1 Market Trends
8.3.2 Market Forecast
9    Market Breakup by Region
9.1    North America
9.1.1 United States Market Trends Market Forecast
9.1.2 Canada Market Trends Market Forecast
9.2    Asia-Pacific
9.2.1 China Market Trends Market Forecast
9.2.2 Japan Market Trends Market Forecast
9.2.3 India Market Trends Market Forecast
9.2.4 South Korea Market Trends Market Forecast
9.2.5 Australia Market Trends Market Forecast
9.2.6 Indonesia Market Trends Market Forecast
9.2.7 Others Market Trends Market Forecast
9.3    Europe
9.3.1 Germany Market Trends Market Forecast
9.3.2 France Market Trends Market Forecast
9.3.3 United Kingdom Market Trends Market Forecast
9.3.4 Italy Market Trends Market Forecast
9.3.5 Spain Market Trends Market Forecast
9.3.6 Russia Market Trends Market Forecast
9.3.7 Others Market Trends Market Forecast
9.4    Latin America
9.4.1 Brazil Market Trends Market Forecast
9.4.2 Mexico Market Trends Market Forecast
9.4.3 Others Market Trends Market Forecast
9.5    Middle East and Africa
9.5.1 Market Trends
9.5.2 Market Breakup by Country
9.5.3 Market Forecast
10    SWOT Analysis
10.1    Overview
10.2    Strengths
10.3    Weaknesses
10.4    Opportunities
10.5    Threats
11    Value Chain Analysis
12    Porters Five Forces Analysis

12.1    Overview
12.2    Bargaining Power of Buyers
12.3    Bargaining Power of Suppliers
12.4    Degree of Competition
12.5    Threat of New Entrants
12.6    Threat of Substitutes
13    Price Analysis
14    Competitive Landscape

14.1    Market Structure
14.2    Key Players
14.3    Profiles of Key Players
14.3.1    AVL List GmbH Company Overview Product Portfolio Financials
14.3.2    Axletech International (Meritor Inc) Company Overview Product Portfolio
14.3.3    Borgwarner Inc Company Overview Product Portfolio Financials SWOT Analysis
14.3.4    Continental AG Company Overview Product Portfolio
14.3.5    Dana Incorporated Company Overview Product Portfolio Financials SWOT Analysis
14.3.6    GKN Plc (Melrose Industries) Company Overview Product Portfolio Financials
14.3.7    Nidec Corporation Company Overview Product Portfolio Financials SWOT Analysis
14.3.8    Robert Bosch GmbH Company Overview Product Portfolio Financials
14.3.9    Schaeffler Technologies AG & Co. KG Company Overview Product Portfolio Financials
14.3.10    ZF Friedrichshafen AG (Zeppelin-Stiftung) Company Overview Product Portfolio Financials SWOT Analysis

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

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