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What's driving the EV Powertrain Market trends? Continental AG, Robert Bosch GmbH, Cummins, Inc, Magna International Inc, Tata Elxsi, Valeo SA, Mahle GmbH

05-07-2020 05:58 AM CET | Business, Economy, Finances, Banking & Insurance

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EV Powertrain Market

EV Powertrain Market

Market Study Report LLC recently added a new title on 2020-2027 Global EV Powertrain Market Report from its database. The report provides study with in-depth overview, describing about the Product, market size, share, Industry Scope and elaborates market outlook and status to 2027.

The EV powertrain market outlook is positive, as the electric vehicles are gaining popularity among the end-users. Increasing the adoption of these vehicles would enable the manufacturers to increase their production lines, thereby requiring an increased quantity of EV powertrains. This factor is expected to drive the EV powertrain market. The global EV powertrain market accounted for US$ 30,095.5 Mn in 2018 and is expected to grow at a CAGR of 12.0% over the forecast period 2019-2027, to account for US$ 82,382.3 Mn by 2027.

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Additionally, the presence of a large number of well-established and automotive industry recognized players in the market is allowing the end-users to technologically enhanced powertrain products, which is also a key driving force of the EV powertrain market. The volume of EV powertrain procurement is at a constant rise in the current scenario, owing to the fact that the OEMs are increasingly procuring the powertrains in large quantities to cater to the needs of the manufacturing of existing vehicle models and to test respective newer models practically.

Globally, several countries have been adopting stringent CO2 emission regulations, which is supporting the electrification of vehicles. The vehicle manufacturers have been reinforcing respective electrification policies and strategies to adhere to the strict regulations. In European countries, plug-in hybrid electric vehicles (PHEV) are linking the transformation to all-electric vehicles. China's market for new energy vehicles (NEVs, which consists of EVs and PHEVs) is anticipated to magnify quickly until 2020. The US market, on the other hand, is expected to accelerate with new policies and standards set towards the electrification of vehicles. These factors are significantly driving the EV powertrain market.

The overall EV powertrain market size has been derived using both primary and secondary sources. The research process begins with exhaustive secondary research using internal and external sources to obtain qualitative and quantitative information related to the EV powertrain market. It also provides the overview and forecast for the global EV powertrain market based on all the segmentation provided concerning five primary reasons such as North America, Europe, Asia-Pacific, and ROW. Also, primary interviews were conducted with industry participants and commentators to validate data and analysis. The participants who typically take part in such a process include industry expert such as VPs, business development managers, market intelligence managers, and national sales managers, and external consultants such as valuation experts, research analysts, and key opinion leaders specializing in the EV powertrain market.

Table Of Contents:

1. Introduction
1.1 Scope of the Study
1.3 Market Segmentation
1.3.1 Global EV Powertrain Market - by Product Type
1.3.2 Global EV Powertrain Market - by Application
1.3.3 Global EV Powertrain Market - by Geography
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. EV Powertrain Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 EV Powertrain Market - North America PEST Analysis
4.2.2 EV Powertrain Market - Europe PEST Analysis
4.2.3 EV Powertrain Market - APAC PEST Analysis
4.2.4 EV Powertrain Market - RoW PEST Analysis
4.3 Ecosystem Analysis
5. EV Powertrain Market- Key Market Dynamics
5.1 Market Drivers

6. EV Powertrain Market - Global Market Analysis

7. EV Powertrain Market Analysis - by Product Type

8. EV Powertrain Market Analysis - by Application

9. EV Powertrain Market- Geographic Analysis

10. EV Powertrain Market - Industry Landscape

11. Global EV Powertrain Market Company Profiles

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