Press release
Global E-Axle Market Analysis Focusing on Top Key Players | Axletech International, Borgwarner Inc, Continental AG, Dana Incorporated
The Global E-Axle Market Size was valued at $11 billion in 2021 and is expected to reach $63 billion in 2030 at a CAGR of 27% from 2021 to 2030.An electro-mechanical propulsion system called a "E-Axle" has transmission units, an electric motor, and axle structures. This gadget serves as a convenient, reasonably priced electric drive option for hybrid and battery-electric automobiles. Also, it works in tandem with an ICE or hybrid powerplant. E-Axle also incorporates additional components like a power inverter and differential, allowing for sleek packaging and streamlined integration. Also, it is anticipated that electric axle will become more affordable, small, and effective as economies of scale grow. Rising sales of electric and hybrid vehicles worldwide and a rise in gasoline prices are two key drivers propelling the E-Axle market share.
The cost of petroleum has increased over the previous ten years, which has increased the use of electric vehicles for daily commuting. Crude oil prices, which are mostly under the control of OPEC countries, have increased as a result of rising fuel prices. Further price increases are anticipated due to the limited supply of crude oil around the world. Electricity costs have been low in several nations, including China, Germany, and Denmark, despite rising petroleum prices. Electric vehicles with built-in electric motors are more effective at maintaining higher speeds, lighter overall, and more efficient. Hence, a surge in consumer preference for electric and hybrid vehicles has propelled the market's expansion for E-Axles.
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The examination of several market growth-enhancing elements. It consists of patterns, barriers, and forces that alter the market either favourably or unfavourably. The scope of various market segments and applications that may in the future have an impact on the market is also included in this section. The specifics are based on historical turning points and present trends.
The report's in-depth analysis of the restraints illustrates how they differ from drivers and leaves potential for tactical planning. The factors that hinder market expansion are crucial because they can be recognised to create new strategies for seizing the profitable chances that are available in the constantly expanding industry. In order to better comprehend the market, insights from market experts' viewpoints have also been used.
Major Players of E-Axle Market:
Axletech International
Borgwarner Inc
Continental AG
Dana Incorporated
GKN Plc
Schaeffler Technologies AG & Co. KG
Robert Bosch GmbH
Nidec Corporation
ZF Friedrichshafen AG
AVL List GmbH
Global E-Axle Market: By Types
Forward Wheel Drive (FWD)
Rear Wheel Drive (RWD)
All-wheel Drive (AWD)
Global E-Axle Market: By Applications
Passenger Vehicle
Commercial vehicle
Electric Vehicle
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Global E-Axle Market: Regional Analysis
The countries covered in the regional analysis of the Global E-Axle market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.
Objectives of the Study:
• To provide with an exhaustive analysis on the E-Axle Market by Product, By Application, By End User and by Region.
• To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints)
• To evaluate and forecast micro-markets and the overall market
• To predict the market size, in key regions- North America, Europe, Asia Pacific, Latin America and Middle East and Africa.
• To record and evaluate competitive landscape mapping- product launches, technological advancements, mergers and expansions
Reasons to Purchase this Report:
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes in-depth analysis of the market of various perspectives through Porter's five forces analysis
• Provides insight into the market through Value Chain
• Market dynamics scenario, along with growth opportunities of the market in the years to come
• 6-month post-sales analyst support
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About US:
Analytics Market Research is an established market analytics and research firm with a domain experience sprawling across different industries. We have been working on multi-county market studies right from our inception. Over the time, from our existence, we have gained laurels for our deep rooted market studies and insightful analysis of different markets.
Our strategic market analysis and capability to comprehend deep cultural, conceptual and social aspects of various tangled markets has helped us make a mark for ourselves in the industry. Analytics Market Research is a frontrunner in helping numerous companies; both regional and international to successfully achieve their business goals based on our in-depth market analysis. Moreover, we are also capable of devising market strategies that ensure guaranteed customer bases for our clients.
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