Press release
Smart Electric Drive Market To See Extraordinary Growth | Siemens AG, Hitachi, Robert Bosch
Global Smart Electric Drive Market Size study, by Vehicle Type (BEV, HEV, PHEV, Electric Bus, Truck), Component (Power Electronics, E-Brake Booster, Inverter, Motor, Battery), Application (E-Axle, Wheel Drive), Drive (FWD, RWD, AWD) and Regional Forecasts 2020-2027 , Covid 19 Outbreak Impact research report added by Report Ocean, is an in-depth analysis of market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography. It places the market within the context of the wider Smart Electric Drive market, and compares it with other markets., market definition, regional market opportunity, sales and revenue by region, manufacturing cost analysis, Industrial Chain, market effect factors analysis, Smart Electric Drive market size forecast, market data & Graphs and Statistics, Tables, Bar &Pie Charts, and many more for business intelligence. Get complete Report (Including Full TOC, 100+ Tables & Figures, and Chart). - In-depth Analysis Pre & Post COVID-19 Market Outbreak Impact Analysis & Situation by RegionDownload Free Sample Copy of ‘Smart Electric Drive market’ Report @
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Key Segments Studied in the Global Smart Electric Drive Market
Global Smart Electric Drive Market is valued approximately USD 252.51 million in 2019 and is anticipated to grow with a healthy growth rate of more than 33 % over the forecast period 2020-2027. A smart electric Drive is an integrated version of the conventional electric drive system. the smart electric drive uses battery as a power source and provides direct transmission in the vehicle offering smooth and safe drive on the road. The system includes a battery, electric brake booster, motor generator and power booster. Growing demand for electric vehicles drives the market for smart electric drive. As per Company sources the Smart Fortwo electric Drive sales in US increased from 544 units in 2017 to 1219 units in 2018. Further implementation of stringent government norms regarding emissions and growing awareness regarding environmental protection augments the market growth. Also, supportive initiatives from the government targeted towards higher adoption of electric vehicles such as subsidies on purchases and exchange offers on fossil fuel cars fosters the market growth. Moreover, growing electric charging infrastructure supports the market growth. As Thethe ICCT report stated a minimum of 100 thousand public and workplace chargers to be built across 100 metro areas to help the 2.6 million new EV and plug-in hybrids on the roads which will require an investment of more than USD 2.2 billion in charging infrastructure in the US. However, High cost and low mileage impedes the growth of the market over the forecast period of 2020-2027. Although, increasing built in functionalities and higher torque generation presents a lucrative opportunity for the market.
The regional analysis of global Smart Electric Drive market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to the presence of major market players and rising adoption of electric vehicles. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2027. Factors such as supporting government initiatives would create lucrative growth prospects for the Smart Electric Drive market across Asia-Pacific region.
Major market player included in this report are:
Siemens AG
Hitachi
Robert Bosch
Continental
ZF Friedrichshafen
HYUNDAI MOBIS
AISIN SEIKI
Magna
Schaeffler
MAHLE
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Vehicle Type:
BEV
HEV
PHEV
Electric Bus
Truck
By Component:
Power Electronics
E-Brake Booster
Inverter
Motor
Battery
By Application:
E-Axle
Wheel Drive
By Drive:
Front Wheel Drive
Rear Wheel Drive
All Wheel Drive
A combination of factors, including COVID-19 containment situation, end-use market recovery & Recovery Timeline of 2020/ 2021
covid-19 scenario Market Behavior/ Level of Risk and Opportunity End Industry Behavior/ Opportunity Assessment Expected Industry Recovery Timeline Business Impact Horizon
Opening of Economy by Q3 2020 xx xx xx xx
Recovery – Opening of Economy extended till Q4 2020 / Q1 2021 xx xx xx xx
Under COVID-19 Outbreak Impact Analysis:
We analyzed industry trends in the context of COVID-19. We analyzed the impact of COVID-19 on the product industry chain based on the upstream and downstream markets. We analyze the impact of COVID-19 on various regions and major countries.
The impact of COVID-19 on the future development of the industry is pointed out.
Study Explore :
• Market Behavior/ Level of Risk and Opportunity
• End Industry Behavior/ Opportunity Assessment
• Expected Industry Recovery Timeline
For more information or any query mail at sales@reportocean.com
Geographical Breakdown: The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the impact and recovery path of Covid 19 for all regions, key developed countries and major emerging markets.
Countries: Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam
In-Depth Qualitative COVID 19 Outbreak Impact Analysis Include Identification And Investigation Of The Following Aspects: Market Structure, Growth Drivers, Restraints and Challenges, Emerging Product Trends & Market Opportunities, Porter’s Fiver Forces. The report also inspects the financial standing of the leading companies, which includes gross profit, revenue generation, sales volume, sales revenue, manufacturing cost, individual growth rate, and other financial ratios. The report basically gives information about the Market trends, growth factors, limitations, opportunities, challenges, future forecasts, and details about all the key market players.
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Key questions answered: Study Explore COVID 19 Outbreak Impact Analysis
The study objectives of this report are:
• To study and analyze the global market size (value & volume) by company, key regions/countries, products and application, history data from 2014 to 2018, and forecast to 2025.
• To understand the structure of market by identifying its various subsegments.
• To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
• Focuses on the key global manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
• To analyze the growth trends, future prospects, and their contribution to the total market.
• To project the value and volume of submarkets, with respect to key regions (along with their respective key countries).
• To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
• To strategically profile the key players and comprehensively analyze their growth strategies.
The Study Explore COVID 19 Outbreak Impact Analysis
• What should be entry strategies, countermeasures to economic impact, and marketing channels?
• What are market dynamics?
• What are challenges and opportunities?
• What is economic impact on market?
• What is current market status? What’s market competition in this industry, both company, and country wise? What’s market analysis by taking applications and types in consideration?
Inquire more and share questions if any before the purchase on this report at
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Key Points Covered in Smart Electric Drive Market Report:
Chapter 1, About Executive Summary to describe Definition, Specifications and Classification of Smart Electric Drive market, Applications, Market Segment by Regions North America, Europe or Asia;
Chapter 2, objective of the study.
Chapter 3, to display Research methodology and techniques.
Chapter 4 and 5, to show the Overall Market Analysis, segmentation analysis, characteristics;
Chapter 6 and 7, to show the Market size, share and forecast; Five forces analysis (bargaining Power of buyers/suppliers), Threats to new entrants and market condition;
Chapter 8 and 9, to show analysis by regional segmentation, comparison, leading countries and opportunities; Regional Marketing Type Analysis, Supply Chain Analysis
Chapter 10, focus on identifying the key industry influencer’s, overview of decision framework accumulated through Industry experts and strategic decision makers;
Chapter 11 and 12, Market Trend Analysis, Drivers, Challenges by consumer behavior, Marketing Channels and demand & supply.
Chapter 13 and 14, describe about the vendor landscape (classification and Market Positioning)
Chapter 15, deals with Smart Electric Drive Market sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source.
……..and view more in complete table of Contents
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Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Europe or Asia.
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