Press release
EV Transmission Market 2022 - Size, Share, Data, Segments, Trends, And Forecast
Market Overview:Global EV Transmission Market is expected to grow at a significant growth rate, and the analysis period is 2022-2028, considering the base year as 2021.
An electric vehicle's transmission is utilized to transfer mechanical power from the electric traction motor to the wheels. Most electric vehicles simply feature a single speed transmission because it is sufficient for operation in the modern environment. But there are other kinds of vehicles where having a multi-speed gearbox makes sense. The discipline of power electronics has come a long way since discrete power devices and arcane design approaches predominated a few years ago, when they were frequently closely supervised by professional power engineers.
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Market Dynamics:
Driver:
The growth rate of the EV transmission sector is being accelerated by an increase in electric car purchases across the globe. For instance, due primarily to demand in Europe, Volkswagen Group's global deliveries of fully electric cars more than doubled in the first half of 2021. The automaker's largest market for electric vehicles was Europe, which saw a 156% growth to 128,078 vehicles. The worldwide electric vehicle market's growth rate accelerates noticeably as a result of this high demand.
Opportunities:
Electric vehicles are anticipated to perform better than conventional vehicles during the forecast period due to their capacity to emit zero emissions. As a result, there will be a greater demand for electric automobile transmissions. Additionally, producers of electric car transmissions are constantly looking for materials that could reduce the system's overall weight without compromising performance. The demand for electric cars will undoubtedly rise as a result of all of these factors. In addition, it is essential to use the power stored in EV battery packs effectively, which has led manufacturers to develop particular transmission systems to meet the performance and tight tolerances of batteries. For instance, Volkswagen started a project to create superlight cars by reducing their weight by 85 kg utilizing a multi-material approach.
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Market Segmentation
By Transmission System
• AMT Transmission
• CVT Transmission
• AT Transmission
• Others
By Transmission Type
• Single Speed
• Multi-Speed
By Vehicle Type
• Battery Electric Vehicle
• Plug-in Hybrid Electric Vehicle
• Hybrid Electric Vehicle
Geographically, the detailed analysis of consumption, revenue, market share, and growth rate of the following regions:
• APAC (Japan, China, South Korea, Australia, India, and Rest of APAC)
• Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe)
• North America (U.S., Canada, and Mexico)
• South America (Brazil, Chile, Argentina, Rest of South America)
• MEA (Saudi Arabia, UAE, South Africa)
Top Leading Players Involved Are:
• Continental AG
• AISIN SEIKI CO.LTD
• ZF Friedrichshafen AG
• AVL List GmbH
• BorgWarner Inc.
• Allison Transmission Inc
• Dana Limited
• JATCO Ltd
• Schaeffler Technologies AG & Co. KG
• Eaton and other major players.
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Key Industry Developments In The EV Transmission Market
February 2022, Eaton has established a new business unit called ePowertrain, which will concentrate on the company's electric vehicle (EV) transmission, reduction gearing, and differential product lines.
Table Of Content
Chapter 1: Introduction
1.1 Research Objectives
1.2 Research Methodology
1.3 Research Process
1.4 Scope and Coverage
1.4.1 Market Definition
1.4.2 Key Questions Answered
1.5 Market Segmentation
Chapter 2:Executive Summary
Chapter 3:Growth Opportunities By Segment
3.1 By Transmission System
3.2 By Transmission Type
3.3 By Vehicle Type
Chapter 4: Market Landscape
4.1 Porter's Five Forces Analysis
4.1.1 Bargaining Power of Supplier
4.1.2 Threat of New Entrants
4.1.3 Threat of Substitutes
4.1.4 Competitive Rivalry
4.1.5 Bargaining Power Among Buyers
4.2 Industry Value Chain Analysis
4.3 Market Dynamics
4.3.1 Drivers
4.3.2 Restraints
4.3.3 Opportunities
4.5.4 Challenges
4.4 Pestle Analysis
4.5 Technological Roadmap
4.6 Regulatory Landscape
4.7 SWOT Analysis
4.8 Price Trend Analysis
4.9 Patent Analysis
4.10 Analysis of the Impact of Covid-19
4.10.1 Impact on the Overall Market
4.10.2 Impact on the Supply Chain
4.10.3 Impact on the Key Manufacturers
4.10.4 Impact on the Pricing
To Be Continue.
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Related Reports:
https://introspectivemarketresearch.com/reports/ev-battery-thermal-management-system-market/
https://introspectivemarketresearch.com/reports/ev-power-inverter-market/
https://introspectivemarketresearch.com/reports/electric-vehicle-fast-charging-system-market/
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