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Increasingly Strict Government Regulations to Reduce Pollution to Drive the Growth of the Electric and Hybrid Vehicle Driveline Market

02-13-2023 08:14 AM CET | Tourism, Cars, Traffic

Press release from: Extrapolate

Increasingly Strict Government Regulations to Reduce

An internal combustion engine and one or more electric motors, which utilize the energy stored in batteries, work together to power hybrid electric vehicles.

The Global Electric & Hybrid Vehicle Driveline Market size was valued at USD 25.96 Bn in 2021 and is anticipated to reach USD 67.43 Bn by 2030 with a CAGR of 12.6% throughout the projection period. Government-imposed strict emission regulations compel OEMs to use hybrid and electric vehicle technologies, which has a favorable effect on the market's growth. Additionally, it is anticipated that in the upcoming years, the driveline market for electric & hybrid vehicles would be driven by rising demand for higher fuel efficiency and rising sales of electric & hybrid vehicles.

๐†๐ž๐ญ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‚๐จ๐ฉ๐ฒ ๐จ๐Ÿ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ@ https://www.extrapolate.com/sample/automotive/electric-and-hybrid-vehicle-driveline-market/29323

Power is transferred from the engine or motor to the wheels by a vehicle's driveline. A hybrid car has multiple power sources, including an internal combustion engine (ICE) and an electric motor that is supplied by batteries. Regenerative braking and internal combustion engines are used to charge the batteries in vehicles. An externally charged battery powers the electric motor, which in the case of an electric vehicle powers the wheel.

๐‘๐š๐ฉ๐ข๐ ๐€๐๐จ๐ฉ๐ญ๐ข๐จ๐ง ๐จ๐Ÿ ๐„-๐‚๐•๐“ ๐ข๐ง ๐ญ๐ก๐ž ๐€๐ฌ๐ข๐š๐ง ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐ญ๐จ ๐๐จ๐จ๐ฌ๐ญ ๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ ๐†๐ซ๐จ๐ฐ๐ญ๐ก

Based on the transmission, the global electric & hybrid vehicle driveline market is segmented into Automatic Transmission (AT), Dual Clutch Transmission (DCT), and Electronic Continuously Variable Transmission (E-CVT). Electronic Continuously Variable Transmission (E-CVT) segment has dominated the market share in 2021 and is expected to continue its dominance in the market owing to several factors including rapid adoption of E-CVT in the Asian market.

On the other hand, the DCT segment is predicted to be the fastest growing segment throughout the projection period owing to its growing acceptance in luxury and sports automobiles. Europe is the main market for DCT.

๐๐ซ๐จ๐ฐ๐ฌ๐ž ๐Œ๐จ๐ซ๐ž ๐ƒ๐ž๐ญ๐š๐ข๐ฅ๐ฌ ๐–๐ข๐ญ๐ก ๐“๐Ž๐‚@ https://www.extrapolate.com/automotive/electric-and-hybrid-vehicle-driveline-market/29323

๐ˆ๐ง๐œ๐ซ๐ž๐š๐ฌ๐ข๐ง๐ ๐ฅ๐ฒ ๐’๐ญ๐ซ๐ข๐œ๐ญ ๐†๐จ๐ฏ๐ž๐ซ๐ง๐ฆ๐ž๐ง๐ญ ๐‘๐ž๐ ๐ฎ๐ฅ๐š๐ญ๐ข๐จ๐ง๐ฌ ๐ญ๐จ ๐‘๐ž๐๐ฎ๐œ๐ž ๐๐จ๐ฅ๐ฅ๐ฎ๐ญ๐ข๐จ๐ง ๐ฐ๐ข๐ฅ๐ฅ ๐ƒ๐ซ๐ข๐ฏ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐†๐ซ๐จ๐ฐ๐ญ๐ก

OEMs are being forced to adopt hybrid and electric car technology by governments' strict environmental regulations, which is positively affecting the growth of the electric and hybrid vehicle driveline market. Additionally, it is projected that in the coming years, sales of electric and hybrid vehicle drivelines would increase due to increased consumer demand for vehicles with greater fuel efficiency as well as rising sales of electric and hybrid vehicles. For instance, the UK government plans to introduce approximately 4000 zero-emission buses across the nation by March 2022 in an effort to reduce pollution.

Furthermore, the main factors influencing the development of the electric and hybrid vehicle driveline include technological advancements in the fields of regenerative braking, automatic start-stop, the E-Axle, and the E-CVT.

๐‹๐ˆ๐’๐“ ๐Ž๐… ๐Š๐„๐˜ ๐‚๐Ž๐Œ๐๐€๐๐ˆ๐„๐’ ๐๐‘๐Ž๐…๐ˆ๐‹๐„๐ƒ:
-Robert Bosch GmbH
-GKN Automotive
-Schaeffler Technologies AG & Co. KG
-BorgWarner Inc.
-Nexteer Automotive Corporation
-ZF Friedrichshafen AG
-Continental AG
-Delphi Technologies
-DENSO Corporation
-Valeo Inc.

๐ˆ๐ง๐œ๐ซ๐ž๐š๐ฌ๐ข๐ง๐  ๐‘&๐ƒ ๐€๐œ๐ญ๐ข๐ฏ๐ข๐ญ๐ข๐ž๐ฌ ๐›๐ฒ ๐Š๐ž๐ฒ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ ๐ญ๐จ ๐†๐š๐ข๐ง ๐“๐ซ๐š๐œ๐ญ๐ข๐จ๐ง

The global electric & hybrid vehicle driveline market is fragmented with the presence of a number of businesses. Prominent industry players have been focused on implementing numerous business strategies including partnerships, collaborations, technological advancements, mergers and acquisitions, and product innovations in order to maintain their standing in the global market.

๐„๐ง๐ช๐ฎ๐ข๐ซ๐ž ๐€๐›๐จ๐ฎ๐ญ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ@ https://www.extrapolate.com/enquire/automotive/electric-and-hybrid-vehicle-driveline-market/29323

๐Š๐ž๐ฒ ๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐ƒ๐ž๐ฏ๐ž๐ฅ๐จ๐ฉ๐ฆ๐ž๐ง๐ญ๐ฌ -

-August 2022- The sale of more than 2 million units of eDrive technology by GKN Automotive to various electric car manufacturers is a significant milestone.

-December 2021- In order to build a pipeline for automotive electrification innovation and increase the UK's capacity for expertise to support the development of future electric car eDrive technologies, GKN Automotive collaborates with the University of Nottingham and the Newcastle University Advanced Research Centre.

๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง ๐๐ฒ

๐€๐ซ๐œ๐ก๐ข๐ญ๐ž๐œ๐ญ๐ฎ๐ซ๐ž:
-Series
-Parallel
-Power split

๐“๐ซ๐š๐ง๐ฌ๐ฆ๐ข๐ฌ๐ฌ๐ข๐จ๐ง:
-Automatic transmission
-Dual Clutch transmission
-Electronic Continuously Variable Transmission (E-CVT)

๐‘ฝ๐’†๐’‰๐’Š๐’„๐’๐’† ๐‘ป๐’š๐’‘๐’†:
-Hybrid Vehicles
-Plug-in Hybrid Vehicles
-Battery Electric Vehicles

๐„๐ฎ๐ซ๐จ๐ฉ๐ž ๐ญ๐จ ๐ƒ๐จ๐ฆ๐ข๐ง๐š๐ญ๐ž ๐ญ๐ก๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐’๐ก๐š๐ซ๐ž ๐ƒ๐ฎ๐ž ๐ญ๐จ ๐†๐จ๐ฏ๐ž๐ซ๐ง๐ฆ๐ž๐ง๐ญ ๐ˆ๐ง๐ข๐ญ๐ข๐š๐ญ๐ข๐ฏ๐ž๐ฌ ๐ญ๐จ ๐‹๐ข๐ฆ๐ข๐ญ ๐๐จ๐ฅ๐ฅ๐ฎ๐ญ๐ข๐จ๐ง ๐‹๐ž๐ฏ๐ž๐ฅ๐ฌ

Europe has dominated the electric & hybrid vehicle driveline market share in 2021 and is anticipated to continue its influence on the market share throughout the projection period due to increasing governmental and organizational enforcement of laws to limit pollution levels and encourage the use of zero-emission vehicles.

As a result, this has forced manufacturers to increase investment in research and development for electric vehicles, enabling them to sell electric automobiles in the future. Numerous initiative programs have been implemented by governments across the globe to encourage people to choose electric vehicles over conventional ones.

๐“๐€๐๐‹๐„ ๐Ž๐… ๐‚๐Ž๐๐“๐„๐๐“๐’:
Chapter 1. Executive Summary
Chapter 2. Research Methodology
Chapter 3. Market Outlook
Chapter 4. COVID-19 Impact On Electric & Hybrid Vehicle Driveline Market
Chapter 5. Global Electric & Hybrid Vehicle Driveline Market Overview, By Architecture, 2017 - 2030 (USD Million)
Chapter 6. Global Electric & Hybrid Vehicle Driveline Market Overview, By Transmission, 2017 - 2030 (USD Million)
Chapter 7. Global Electric & Hybrid Vehicle Driveline Market Overview, By Motor Output, 2017 - 2030 (USD Million)
Chapter 8. Global Electric & Hybrid Vehicle Driveline Market Overview, By Vehicle Type, 2017 - 2030 (USD Million)
Chapter 9. Global Electric & Hybrid Vehicle Driveline Market Overview, By Drive Type, 2017 - 2030 (USD Million)
Chapter 10. Global Electric & Hybrid Vehicle Driveline Market Overview, By Geography, 2017 - 2030 (USD Million)
...Continued

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ ๐”๐ฌ:
Extrapolate
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E-mail: talk@extrapolate.com
Website: https://www.extrapolate.com
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