E-Axle Market Grow at a CAGR of 34.6% by 2025 | Key Players - Robert Bosch GmbH, Nidec Corporation, ZF Friedrichshafen AG, GKN , Schaeffler Technologies

E-Axle market was valued at $2,009.71 million in 2017, and is projected to reach $21,639.01 million by 2025, registering a CAGR of 34.6% from 2018 to 2025. The transmission by component segment was the highest revenue contributor in 2017, accounting for $1,645.4 million, and is estimated to reach $15,868.5 million by 2025, registering a CAGR of 32.7% during the forecast period. In 2017, Asia-Pacific accounted for the highest share in the global E-Axle market.

E-Axle is an electro-mechanical propulsion system equipped with axle structures, electric motor, power electronics, and transmission units. This device acts as a compact, cost-attractive electric drive solution for battery-electric vehicles and hybrid applications. Moreover, it is used in conjunction with a conventional ICE or hybrid powertrain. In addition, E-Axle also combines other several elements such as power inverter, and differential that allows neat packaging and simplified integration. In addition, with increase in economy of scale, electric axle is expected to become cheaper, more compact, and efficient. One of the major factors that driving the E-Axle market share is rising sales of electric & hybrid vehicles across the globe and increase in fuel cost.

Top Companies Covered in this Report:
Robert Bosch GmbH, Nidec Corporation, ZF Friedrichshafen AG, GKN , Schaeffler Technologies AG & Co. KG, Continental AG, Borgwarner Inc., AVL List GmbH, Axletech International, and Dana Limited.

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In addition, the growth of the E-Axle market is driven by rise in sale of electric & hybrid vehicles across the globe and increase in fuel costs. Moreover, rise in pollution, development of the automobile industry, and decrease in fossil fuel reserves have fueled the growth of the global market.

High cost of electric axle drive system is the key restraining factor of this market. Furthermore, increase in R&D activities for improvement in electric & hybrid vehicle, and upsurge in deployment of E-Axle in ICE vehicles are anticipated to offer lucrative opportunities for the E-Axle market expansion. Rise in the sale of electric vehicles globally is further expected to offer potential growth opportunities for the market. The E-Axle market forecasted from year 2018-2025 by considering all the driving factors that influence equally to the E-Axle market report.

Major Drive Types of E-Axle covered are:
Forward Wheel Drive (FWD)
Rear Wheel Drive (RWD)
All-wheel Drive (AWD)

Major Vehicle Types of E-Axle covered are:
Passenger Vehicle
Commercial Vehicle
Electric Vehicle

The E-Axle market is segmented on the basis of drive type, component, and vehicle type. The E-Axle market trends are decided on the basis of forecast from 2018 to 2025. One of the major factors that is driving the growth of the E-Axle market is increase in electric vehicles sales and implementation of stringent emission norms. Furthermore, automotive manufacturers are shifting their focus to reduce the overall vehicle weight. Integrated components such as E-Axle help to reduce the vehicle weight and improve the vehicle performance, thus driving the market growth. The E-Axle market outlook includes the macroeconomic concerns such as the government support for the adoption of electric vehicles, rising interest rates among people and increase in sales of E-Axle and others.

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Fundamentals of Table of Content:

1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered
1.4 Market Analysis by Type
1.5 Market by Application
1.6 Study Objectives
1.7 Years Considered

2 Global Growth Trends
2.1 E-Axle Market Size
2.2 E-Axle Growth Trends by Regions
2.3 Industry Trends

3 Market Share by Key Players
3.1 E-Axle Market Size by Manufacturers
3.2 E-Axle Key Players Head office and Area Served
3.3 Key Players E-Axle Product/Solution/Service
3.4 Date of Enter into E-Axle Market
3.5 Mergers & Acquisitions, Expansion Plans

4 Breakdown Data by Product
4.1 Global E-Axle Sales by Product
4.2 Global E-Axle Revenue by Product
4.3 E-Axle Price by Product

5 Breakdown Data by End User
5.1 Overview
5.2 Global E-Axle Breakdown Data by End User

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In the last section of the report, the global E-Axle market additionally provides a detailed survey of the key competitors and the leading players in the market, based on the various objectives of an organization such as overview, profiling, product portfolio, the quantity of production, upstream raw material, downstream demand analysis, and the financial status of the organization. These key players have adopted the regional expansion, mergers & acquisitions, product portfolio expansion, partnerships, and collaborations as their key strategies to enhance their infiltration in the Global E-Axle Market.

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