Press release
E-Axle Market is expected to Witness the Highest Growth by 2020 Major Players Dana Limited, GKN Plc, Nidec Corporation, Robert Bosch GmbH, Schaeffler Technologies AG & Co. KG, ZF Friedrichshafen AG and Others
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The report also includes the profiles of key E-axle companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last three years, key development in the past five years.
Top Key Players:- Allison Transmission Inc., AVL List GmbH, Borgwarner Inc., Continental AG, Dana Limited, GKN Plc, Nidec Corporation, Robert Bosch GmbH, Schaeffler Technologies AG & Co. KG, ZF Friedrichshafen AG
The major drivers contributing to the growth of the E-axle market include the increase in sales of electric & hybrid vehicles across the globe and the rise in adoption of EVs due to increasing fuel costs. However, the high cost of the electric axle drive system is the key factor that is hindering the market growth. Moreover, an increase in research and development activities for improvement in electric vehicle performance and deployment of E-axle in ICE vehicles are the factors that are anticipated to boost the market growth in the coming years.
The E-Axle is a cost-attractive, compact electric drive solution for hybrid and battery-electric vehicles. The vehicle’s axle is powered with the help of a compact unit consisting of power electronics, electric motor, and power transmission. This supports in making electric drives less complex but simpler. Moreover, through this e-axle, the powertrain becomes cheaper, more efficient, and more compact. The E-axle is featured with the benefit of high system efficiency that further ensures greater electric range or lower requirements for the battery capacity.
The report analyzes factors affecting E-axle market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for the E-axle market for each region.
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Reason to Buy
Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global E-Axle market
Highlights key business priorities in order to assist companies to realign their business strategies.
The key findings and recommendations highlight crucial progressive industry trends in the market, thereby allowing players to develop effective long term strategies.
Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.
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