Automotive Electric Drivetrain System Market Global Industry Analysis 2018: Key Players - Parker Hannifin, Delphi Automotive, BorgWarner, Aisin Seiki American Axle, Dana Holding, JTEKT, TM4, Magtec, Visedo, GKN, Magna

Automotive Electric Drivetrain System Market - Forecast To 2023, is latest Global Automotive Electric Drivetrain System Industry Trends, Size, Share, Sales and Regional Analysis Report, include historic data, with forecast data to 2023. Automotive Electric Drivetrain System Market research report is helpful for future strategy development, and to know about Market Drivers, Restraints, Opportunities, and key player’s outlook.

The use of manual transmission has dipped considerably in the past few years to give way to electrification. Market focused reports linked with the automobile industry among others recently have been made available by Market Research Future which issues reports on this industry. The market is projected to earn USD 256 billion by 2023 while growing at a CAGR of 5.98 percent approximately in the forecast period.

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Automotive Electric Drivetrain System Market Key Players Analyzed in Report:

The key players in Automotive Electric Drivetrain System Market are Aisin Seiki Co., Ltd. (Japan), American Axle & Manufacturing, Inc. (U.S.), GKN plc. (U.S.), Magna International Inc. (Canada), BorgWarner Inc. (U.S.), Dana Holding Corporation (U.S.), JTEKT Corporation (Japan), TM4 (Canada), Magtec (U.K.), Delphi Automotive LLP (U.K), Visedo (Finland), Parker Hannifin Corp (U.S.), Punch Powertrain Nv (Belgium), AVTEC LTD (India),  AxleTech International SAS (U.S.).

The global Automotive Electric Drivetrain System Market is highly competitive. The market players are leveraging various strategies such as acquisitions, partnerships, and investments to stay ahead of the competition in the global Automotive Electric Drivetrain System Market. The market participants are trying to come up with advancements in the Automotive Electric Drivetrain System.

Market Scenario:

The shift to electrification from manual transmission is one of the biggest changes in the automotive industry. The automotive drivetrain is the component of the vehicle that includes drive shafts, wheel, axles, U Joints, CV joints, and transmission. All the parts of the drivetrain are responsible for providing transmission so as to move the wheels of the vehicle forward. In other words, it transfers power to the wheels of the vehicle. The driveshaft is the long steel structure in tubular form that is linked with the gearbox of the vehicle to provide the rotary movement in the wheel. Universal joint is the main component that allows the wheel to move in different angles. Axle is the connected shaft between the wheels and the drive system and provides the transmission power to the wheel for making it rotate. Drivetrain is also called powertrain train. The only difference is that the powertrain consists of whole system that provides power to the wheels while drivetrain consists of components that link the driveline and wheel. In future, electric drivetrain will replace manual transmission drivetrain because of its better efficiency and environment friendliness.

The factors that are responsible for the growth of automotive electric drivetrain market are stringent regulations for emission, rise in the sales of electric driven vehicle, and increased fuel efficiency of vehicles. All over the world, governments are greatly supporting the transition to electric vehicles. The International Energy Agency has taken a great initiative in support of the electric vehicle so as to restrict the emission from vehicles that can harm the environment. The increase in the sale for electric vehicle will lead to rise in the sale of drive train, which will indirectly result in the growth of the drivetrain market. The electric drivetrain provides better efficiency, due to which there will be increase in the use of electric drivetrain in all types of vehicle. All the above factors will result in the growth of the electric drivetrain system market.

Segmentation:

Globally, the Automotive Electric Drivetrain System market can be segmented on the basis of (All-Wheel Drive, Rear Wheel Drive, Front Wheel Drive), Electric Vehicle Drivetrain Type (BEV, PHEV, HEV), Vehicle Type (Passenger car and Commercial Vehicle) and Region.

The all-wheel drive is expected to witness the highest growth during the forecast period because it provides power to all the vehicles. Front-wheel-drive is expected to be the second largest market because it provides fuel efficiency and reduces emission of carbon dioxide. In case of rear wheel drive, all the power is transmitted to the rear wheel, and there is no power in the front wheels which makes it less efficient. On the basis of electric drivetrain type, the market is segmented based on BEV, PHEV, and, HEV. Battery Electric Vehicle (BEV) is expected to dominate the automotive electric drivetrain market because the battery electric vehicle has low vehicle cost and reduce emission. The increase in the sale of electric vehicle, will result in the growth of battery electric vehicle, which will drive the growth of electric drivetrains in battery electric vehicles.

Regional Analysis:

The regions included in the regional analysis of the market consists of Asia Pacific, North America, Europe, and Rest of the World. The Asia Pacific region is anticipated to control the drivetrain market owing to the rise in the production of vehicles. The Asia Pacific region is typically controlled by the front wheel vehicle segment because of its capability to deliver improved fuel efficiency and performance. In the Asia Pacific region, the front wheel drive occurs mainly in the passenger cars that are driven by families. In addition to this, the automotive manufacturers are increasing various technologies to deliver improved efficiency in all-wheel-drive (AWD). In India and China, AWD is anticipated to lead the market, in the future due to the introduction of compact crossovers, which will make available a sports utility feature to the vehicle. The European region is foreseen to be the next biggest region in this market. As most automotive manufacturers are working to advance cutting-edge hybrid, electric and fuel cell technology for vehicles that can deliver better efficiency will fuel the development of the market in the European region.

The report for Global Automotive Electric Drivetrain System Market of Market Research Future covers extensive primary research. This is accompanied with detailed analysis of qualitative and quantitative aspects by various industry experts and key opinion leaders to gain deeper insights into the market and industry performance.

Industry Updates:

June 2018 The global leader in advanced high-efficiency zero emissions plug-in hybrid and electric vehicle drivetrain solutions, Efficient Drivetrains, Inc. of late announced the launch of its EDI PowerDrive 6000ev. The system has already been included into significant OEM platforms and is a perfect fit for the port, logistics, and utility vehicle applications.

Major Table of Contents:

1 Executive Summary

2 Research Methodology

2.1 Scope Of The Study

2.1.1 Definition

2.1.2 Research Objective

2.1.3 Assumptions

2.1.4 Limitations

2.2 Research Process

2.2.1 Primary Research

2.2.2 Secondary Research

2.3 Market Size Estimation

2.4 Forecast Model

3 Automotive Electric Drivetrain System Market Dynamics

3.1 Automotive Electric Drivetrain System Market Drivers

3.2 Automotive Electric Drivetrain System Market Inhibitors

3.3 Supply/Value Chain Analysis

3.4 Porter’s Five Forces Analysis

4 Global Automotive Electric Drivetrain System Market, By Type

Continued...

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