EV Powertrain Market Forecast to 2027 - Continental AG, Robert Bosch GmbH, Cummins, Inc., Magna International Inc., Dana Limited

EV Powertrain Industry Report focuses on Market Influence Factors, Growth Drivers, Restraints, Trends and Opportunities so that Market Players can face any challenges and take advantage of Lucrative Prospects available in the Global EV Powertrain market.

The EV powertrain market accounted to US$ 30,095.5 Mn in 2018 and is expected to grow at a CAGR of 12.0% during the forecast period 2019 – 2027, to account to US$ 82,382.3 Mn by 2027.

Geographically, the EV powertrain market is segmented into North America, APAC, Europe, and Rest of World. Asia-Pacific led the EV powertrain market in 2018 with a significant market share, and is also anticipated to be the fastest growing region during the forecast period of 2019 to 2027. Following by Europe which has some well-developed countries, and the region has a strong automotive sector which is expected to drive the growth of the EV powertrain market in the region. Whereas in North America the OEMs and technology providers continually invest significant amounts in the development of robust solutions, which is attracting vehicular customers. China is the largest EV manufacturing country, and the adoption rate of EVs is highest worldwide, several international EV manufacturers are investing in the country and are expanding their production units to the country. For instance, Tesla is investing US$ 2.0 Bn in a new factory in Shanghai, China, for the production of the Model 3 sedan and future vehicles. Volkswagen has also adopted a similar strategy to capitalize more than US$ 10 Bn in China for over six years.

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The reports cover key developments in the EV Powertrain market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market payers from EV Powertrain market are anticipated to lucrative growth opportunities in the future with the rising demand for EV Powertrain market in the global market.

Key Players Influencing the Market

• Continental AG
• Robert Bosch GmbH
• Cummins, Inc.
• Maxim Integrated Products, Inc.
• Magna International Inc.
• Tata Elxsi
• Dana Limited
• Valeo SA
• Mahle GmbH
• ZF Friedrichshafen AG

The global EV Powertrain market is segmented on the basis of deployment, application. On the basis of deployment, the market is segmented as cloud-based, on-premise. On the basis of application, the market is segmented as new cars market, used cars market.

Besides this, the report analyzes factors affecting EV Powertrain 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 all five regions considered in the Global EV Powertrain Market report.

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global EV Powertrain market based on the type and application. It also provides market size and forecast till 2027 for overall EV Powertrain market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SAM). The market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

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Answers that the report acknowledges:

• Market size and growth rate during forecast period.
• Key factors driving the EV Powertrain Market.
• Key market trends cracking up the growth of the EV Powertrain Market.
• Challenges to market growth.
• Key vendors of EV Powertrain Market.
• Detailed SWOT analysis.
• Opportunities and threats faces by the existing vendors in Global EV Powertrain Market.
• Trending factors influencing the market in the geographical regions.
• Strategic initiatives focusing the leading vendors.
• PEST analysis of the market in the five major regions.

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This release was published on openPR.