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Smart Electric Drive Market to see huge growth by 2025 | GKN, Magna, Siemens, Continental, Schaeffler, ZF, Mahle

03-11-2020 08:08 PM CET | Business, Economy, Finances, Banking & Insurance

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Smart Electric Drive Market

Smart Electric Drive Market

In 2019, the market size of Smart Electric Drive is 370 million US$ and it will reach 3610 million US$ in 2025, growing at a CAGR of 33.1% from 2019.
The Smart Electric Drive Market research report provides a succinct analysis on the recent market trends. In addition, the report offers a thorough abstract on the statistics, market estimates and revenue forecasts, which further highlights its position in the industry, in tandem with the growth strategies adopted by leading industry players.

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In global market, the following companies are covered:
GKN
Magna
Continental
Siemens
Schaeffler
ZF
Mahle
Robert Bosch
Borgwarner
Hitachi
Hyundai Mobis
Aisin Seiki
Infineon

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.
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Smart Electric Drive. This report studies the global market size of Smart Electric Drive, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).

This study presents the Smart Electric Drive production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025.

For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.

Market Segment by Product Type
Front wheel smart electric drive
Rear wheel smart electric drive
All wheel smart electric drive

Market Segment by Application
Passenger Vehicles
Commercial Vehicles

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In this study, the years considered to estimate the market size of Smart Electric Drive are as follows:

History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025

The analysis provides an exhaustive investigation of the global Smart Electric Drive market together with the future projections to assess the investment feasibility. Furthermore, the report includes both quantitative and qualitative analyses of the Smart Electric Drive market throughout the forecast period. The report also comprehends business opportunities and scope for expansion. Besides this, it provides insights into market threats or barriers and the impact of regulatory framework to give an executive-level blueprint the Smart Electric Drive market. This is done with an aim of helping companies in strategizing their decisions in a better way and finally attains their business goals.

The study objectives are:
To analyze and research the Smart Electric Drive status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.
To present the key Smart Electric Drive manufacturers, presenting the sales, revenue, market share, and recent development for key players.
To split the breakdown data by regions, type, companies 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 analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market

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