Press release
Smart Electric Drive Market Size-Forecast to 2026
According to a new market research report published by Global Market Estimates, the Global Smart Electric Drive Market is projected to grow from USD 915.8 million in 2020 to USD 4,245.4 million by 2026, at a CAGR of 35.8% between 2021 and 2026. Technological advancements in battery and e-axle technologies will be a major driving factor in the growth of the smart electric drive market.Browse 151 Market Data Tables and 111 Figures spread through 181 Pages and in-depth TOC on “Global Smart Electric drive market - Forecast to 2026" https://www.globalmarketestimates.com/market-report/smart-electric-drive-market-3596
By Vehicle Type (PC, CV, 2W), By Component (EV Battery, Power Electronics, E-Brake Booster, Inverter, Motor), By Application (E-Axle, Wheel Drive), By Drive (FWD, RWD, AWD), By Region (North America, Asia Pacific, CSA, Europe, and the Middle East and Africa), Company Market Share Analysis, and Competitor Analysis
Key Market Insights
• Growing environmental concerns regarding the use of conventional fuels will accelerate the growth of the smart electric drive market
• Based on component segment, EV battery segment is expected to hold the largest share of the smart electric drive market and is expected to dominate throughout the forecast period of 2021 to 2026
• E-axle is expected to hold largest share as per the application outlook
• Based on type of vehicle, commercial vehicle segment will dominate in the forecasted years.
• Nidec Corp, Aisin Corp, Borg Warner, Bosch, ZF Group, Hitachi, Continental, Hyundai Mobis, Magna, Schaeffler, SINOEV, Efficient Drivetrains, UQM technologies, Shanghai Edrive, among others are the key players in the smart electric drive market
Browse the Report @ https://www.globalmarketestimates.com/market-report/smart-electric-drive-market-3596
Vehicle Type Outlook (Revenue, USD Million, 2021-2026)
• Passenger Cars
• Commercial Vehicles
• 2-Wheeler Vehicles
Component Outlook (Revenue, USD Million, 2021-2026)
• EV Battery
• Electric Motor
• Invertor
• E Break Booster
• Power Electronics
Application Outlook (Revenue, USD Million, 2021-2026)
• E-Axle
• E-Wheel Drive
Wheel Drive Outlook (Revenue, USD Million, 2021-2026)
• FWD
• RWD
• AWD
Regional Outlook (Revenue, USD Million, 2021-2026)
North America
• The U.S.
• Canada
• Mexico
Europe
• Germany
• UK
• France
• Spain
• Italy
• Rest of Europe
Asia Pacific
• China
• India
• Japan
• South Korea
• Australia
• Rest of APAC
Central & South America
• Brazil
• Argentina
• Rest of CSA
Middle East & Africa
• Saudi Arabia
• UAE
• Rest of MEA
Contact: Yash Jain
Email address: yash.jain@globalmarketestimates.com
Phone Number: +16026667238
Website: https://www.globalmarketestimates.com
Check our Latest Blogs: https://www.globalmarketestimates.com/blog-posts.php
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Global Market Estimates is an India based market research and consulting company. The company provides syndicated research reports, customised research reports and consulting services to their clients and helps them achieve their business goals on a commercial level. Global Market Estimates database is used by the world's well known and prolific academic institutions and Fortune 500 companies to understand the global and regional business environment to excel in their business goals.
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