Press release
Global Smart Electric Drive Market Analysis and Forecast of 2025 in terms of Value and Volume
The consumption of Smart Electric Drive in volume terms are also provided for major countries (or regions), and for each application and product at the global level. Market share, growth rate, and competitive factors are also evaluated for market leaders GKN, Magna, etc.
A Smart Electric 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.
Europe is estimated to be the fastest growing market during the forecast period. In Europe, the growth of the smart electric drive market has been observed owing to strict government norms on emissions, a large base of tier-1 and OEMs, and rapid development of charging infrastructure. North America is estimated to be the largest market during the period of study. The market growth in North America can be attributed to state-of-the-art technology, vehicle weight reduction, and increasing demand for green vehicles, which ultimately increases the application of smart electric drive.
Global Smart Electric Drive market size will reach 3610 million US$ by 2025, from 370 million US$ in 2017, at a CAGR of 33.1% during the forecast period. In this study, 2017 has been considered as the base year and 2018-2025 as the forecast period to estimate the market size for Smart Electric Drive.
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The following manufacturers are covered in this report:
GKN
Magna
Continental
Siemens
Schaeffler
ZF
Mahle
Robert Bosch
Borgwarner
Hitachi
Hyundai Mobis
Aisin Seiki
Infineon
Smart Electric Drive Breakdown Data by Type
Front wheel smart electric drive
Rear wheel smart electric drive
All wheel smart electric drive
Smart Electric Drive Breakdown Data by Application
Passenger Vehicles
Commercial Vehicles
Smart Electric Drive Production by Region
United States
Europe
China
Japan
South Korea
India
Other Regions
Smart Electric Drive Consumption by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Russia
Rest of Europe
Central & South America
Brazil
Rest of South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa
The study objectives are:
To analyze and research the global Smart Electric Drive status and future forecastinvolving, production, revenue, consumption, historical and forecast.
To present the key Smart Electric Drive manufacturers, production, revenue, market share, SWOT analysis and development plans in next few years.
To segment the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To strategically analyze each submarket with respect to individual growth trend and their contribution to the market.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Smart Electric Drive :
History Year: 2013 - 2017
Base Year: 2017
Estimated Year: 2018
Forecast Year: 2018 - 2025
This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Smart Electric Drive market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2017 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
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