Press release
Automotive Electric Drive Axle Market Will Translate Into A Revenue Of US$6.35 bn in 2025
This report analyzes and forecasts the market for automotive electric axle drive at the global and regional level. The market has been forecast based on revenue (US$ Mn) and volume (Units Mn) from 2017 to 2025. The study includes drivers and restraints of the global automotive electric drive axle market. It also covers the impact of these drivers and restraints on demand for automotive electric drive axle during the forecast period. The report also highlights opportunities in the automotive electric axle drive market at the global and regional level.
The report comprises a detailed value chain analysis, which provides a comprehensive view of the global automotive electric drive axle market. Porter’s Five Forces model for the automotive electric drive axle market has also been included to help understand the competitive landscape in the market. The study encompasses market attractiveness analysis, where in end-users are benchmarked based on their market size, growth rate, and general attractiveness.
Global Automotive Electric Drive Axle Market: Segmentations
The study provides a decisive view of the global automotive electric drive axle market by segmenting it in terms of system type, end-users, vehicle type, and region. These segments have been analyzed based on present and future trends. Regional segmentation includes the current and forecast demand for automotive electric drive axle in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report also covers demand for individual application segments in all the regions.
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Global Automotive Electric Drive Axle Market: Competitive Landscape
The study includes profiles of major companies operating in the global automotive electric drive axle market. Key players in the automotive Electric drive axle market include Continental AG, GKN plc, Magna International Inc., ZF Friedrichshafen AG, American Axle & Manufacturing Inc., BONFIGLIOLI RIDUTTORI S.P.A., ZIEHL-ABEGG, BENEVELLI SRL, F P W Axles Ltd., AXLETECH INTERNATIONAL. Market players have been profiled in terms of attributes such as company overview, financial overview, business strategies, recent developments, and SWOT analysis. The market for automotive electric drive axle is primarily driven by rising demand for non-polluting alternative.
Global Automotive Electric Drive Axle Market: Key Research Methodologies
The report provides the estimated market size of automotive electric drive axle for 2016 and forecast for the next nine years. The global market size of automotive electric drive axle has been provided in terms of revenue and volume. Market numbers have been estimated based on key system type, end-users, vehicle type, and regional segments of automotive electric drive axle market. Market size and forecast for each major system type, end users, and vehicle type have been provided in terms of global and regional/country markets.
In order to compile the research report, we conducted in-depth interviews and discussions with a number of key industry participants and opinion leaders. Primary research represents the bulk of research efforts, supplemented by extensive secondary research. We reviewed key players’ product literature, annual reports, press releases, and relevant documents for competitive analysis and market understanding. Secondary research also includes a search of recent trade, technical writing, internet sources, and statistical data from government websites, trade associations, and agencies. This has proven to be the most reliable, effective, and successful approach for obtaining precise market data, capturing industry participants’ insights, and recognizing business opportunities.
Secondary research sources that are typically referred to include, but are not limited to company websites, annual reports, financial reports, broker reports, investor presentations, and SEC filings, internal and external proprietary databases, and relevant patent and regulatory databases, national government documents, statistical databases, and market reports, news articles, press releases, and webcasts specific to companies operating in the market, National government documents, statistical databases, and market reports, American Automobile Association, European Automobile Manufacturers Association, Automotive Research Association of India, Organisation Internationale des Constructeurs d'Automobile (OICA), Factiva, etc.
Primary research involves e-mail interactions, telephonic interviews, and face-to-face interviews for each market, category, segment, and sub-segment across geographies. We conduct primary interviews on an ongoing basis with industry participants and commentators in order to validate the data and analysis. Primary interviews provide firsthand information on market size, market trends, growth trends, competitive landscape, and outlook, etc. These help validate and strengthen secondary research findings. These also help develop the analysis team’s expertise and market understanding.
The automotive electric drive axle market has been segmented as follows:
Global Automotive Electric Drive Axle Market: By System Type
• Electric Axle
• Hybrid Axle
Global Automotive Electric Drive Axle Market: By End-User
• OEM
• Aftermarket
Global Automotive Electric Drive Axle Market: By Vehicle Type
• Passenger Vehicle
◦ Battery Electric Vehicle
◦ Plug in Hybrid Vehicle
◦ Hybrid Vehicle
• Commercial Vehicle
◦ Buses & Coaches
Global Automotive Electric Drive Axle Market: By Region
• North America
◦ U.S.
◦ Canada
• Europe
◦ Germany
◦ U.K.
◦ France
◦ Italy
◦ Spain
◦ Rest of Europe
• Asia Pacific
◦ China
◦ India
◦ Japan
◦ ASEAN
◦ Rest of Europe
• Middle East & Africa
◦ GCC
◦ South Africa
◦ Rest of Middle East and Africa
• Latin America
◦ Brazil
◦ Mexico
◦ Rest of Latin America
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Table of Content
1. Preface
1.1. Report Scope and Market Segmentation
1.2. Research Highlights
1.3. Research Objectives
1.4. Key Questions Answered
2. Assumptions and Research Methodology
2.1. Report Assumptions
2.2. Abbreviations Used
2.3. Research Methodology
3. Executive Summary
3.1. Global Automotive Electric Drive Axle Market Size, by Market Value (US$ Mn) and Market Volume (Units Mn), by Region
4. Market Overview
4.1. Introduction
4.2. Market Indicator
4.3. Drivers and Restraints Snapshot Analysis
4.3.1. Drivers
4.3.1.1. Government mandates for vehicle electrification
4.3.1.2. Necessity to curb emission
4.3.1.3. Minimal running charge
4.3.1.4. Paradigm shift in mindset of people for purchase of electric vehicles
4.3.2. Restraint
4.3.2.1. Higher cost of technology
4.3.3. Opportunities
4.3.3.1. Increased demand of electric vehicles
4.3.3.2. Research and development in the field of electric axle
4.3.4. Porter’s Analysis
4.3.5. Value Chain Analysis
4.3.6. SWOT Analysis
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