Press release
Smart e-Drive for Automotive Market Size & Share - Industry Trend and Forecast 2017 - 2025
The main objective of this report is to define, describe, and forecast the global “Smart e-Drive for Automotive” market on the basis of types of applications, major sectors, deployment models, organization size, and regions. The report contains an analysis of the major factors influencing the growth of the market (drivers, restraints, opportunities, and challenges). It aims to strategically analyze the micromarkets with respect to individual growth trends, prospects, and their contribution to the market. The report attempts to forecast the market size for 5 major regions, namely, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and Latin America. It contains key vendor profiles and comprehensively analyzes their core competencies. The report also tracks and analyzes competitive developments, including partnerships, collaborations, acquisitions, new product developments, and R&D activities in the market.
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Smart e-Drive for Automotive Market: Overview
A smart e-Drive is an advanced integrated version of the conventional electric drive system. Smart e-Drive uses the battery as a power source and provides direct transmission in the vehicle which makes driving smooth and safe on the road. The smart e-Drive includes a battery, motor generator, electric brake booster, and power booster. It provides efficient driving by saving energy. Daimler AG launched a smart electric drive vehicle that is equipped with smart e-Drive technology.
Smart e-Drive for Automotive Market: Drivers and Restraints
Rapid increase in demand for electric vehicles is expected to be a key factor that is likely to drive the smart e-Drive for automotive market during the forecast period. Implementation of stringent norms on the automotive industry regarding emission and concerns by global regulatory bodies are also anticipated to augment the smart e-Drive for automotive market. Factors such as weight reduction and space for other applications can be fulfilled by smart e-Drive. Numerous benefit such as high reliability, compact size, higher torque generation, and more built-in functionalities are estimated to boost the smart e-Drive for automotive market during the forecast period. This is expected to provide lucrative opportunities for the automobile industry. Higher cost of the system is anticipated to hamper the smart e-Drive for automotive market.
Smart e-Drive for Automotive Market: Key Segments
The automotive smart e-Drive for automotive market can be segmented based on type of components, drive type, vehicle type, application, and region. Based on type of components, the smart e-Drive for automotive market can be classified into four types. Among which the battery segment holds a major share of the smart e-Drive for automotive market and is expected to dominate the Smart e-Drive for Automotive market during the forecast period. Battery is the power source of the smart e-Drive and are of four different types. Growing battery market is specifically due to the extensive usage of supplying power to entire system.
Based on drive type, the smart e-Drive for automotive market can be segregated into three types. Among which the all-wheel smart e-Drive segment is expected to expand at a significant growth rate during the forecast period. All-wheel smart e-Drive is an electric drive system with a powertrain capable of providing power to all its wheels, whether full-time or on-demand.
Based on vehicle type, the smart e-Drive for automotive market can be classified into two types. In vehicle type, the passenger vehicle segment dominates Smart e-Drive for Automotive market and is expected to remain dominant during the forecast period. Passenger vehicle segment can be further sub-segmented into hatchbacks, sedans, multi-purpose vehicles, and sport utility vehicles.
Based on application, the smart e-Drive for automotive market can be segregated into two types. Among which the E-axle segment accounts for a prominent share of the market vis-à-vis to other segment. E-axle is the evolution of the conventional axle where the electric motor and gear unit is housed in a single unit on the axle and eliminate the combustion engine.
In terms of geography, the smart e-Drive for automotive market can be segmented into five types. Among all the regions, Europe accounts for a major share of the global Smart e-Drive for Automotive market, owing to the high adoption rate of smart e-Drive and upgrade of infrastructure in the region. Automotive industry has been expanding in this region especially in Germany, U.K., France, and Italy owing to the rapid technological developments in the region. Growing smart e-Drive market is also due to government subsidies on electric vehicle in the region during the forecast period.
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Smart e-Drive for Automotive Market: Key Players
Key players operating in the global smart e-Drive for automotive market include Robert Bosch GmBH, Continental AG, ZF Friedrichshafen AG, Siemens AG, GKN PLC, Hitachi, Ltd., Magna International Inc., AISIN SEIKI Co., Ltd., and Schaeffler AG.
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
The study is a source of reliable data on:
Market segments and sub-segments
Market trends and dynamics
Supply and demand
Market size
Current trends/opportunities/challenges
Competitive landscape
Technological breakthroughs
Value chain and stakeholder analysis
The regional analysis covers:
North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
Eastern Europe (Poland and Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.
Highlights of the report:
A complete backdrop analysis, which includes an assessment of the parent market
Important changes in market dynamics
Market segmentation up to the second or third level
Historical, current, and projected size of the market from the standpoint of both value and volume
Reporting and evaluation of recent industry developments
Market shares and strategies of key players
Emerging niche segments and regional markets
An objective assessment of the trajectory of the market
Recommendations to companies for strengthening their foothold in the market
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