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E-Drive for Automotive Market : Electric Vehicle Type and Vehicle Drive type, Application | Opportunity Analysis By 2031
According to the report published by Allied Market Research, the global e-drive for automotive market size generated $9.6 billion in 2021, and is estimated to reach $21.5 billion by 2031, witnessing a CAGR of 8.8% from 2022 to 2031. The report provides an in-depth analysis of top segments, changing market trends, value chain, key investment pockets, competitive scenario, and regional landscape. The report is an essential and helpful source of information for leading market players, investors, new entrants, and stakeholders in formulating new strategies for the future and taking steps to strengthen their position in the market.๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ - https://www.alliedmarketresearch.com/request-sample/10704
Covid-19 Scenario:
The Covid-19 pandemic and followed lockdown regulations resulted in supply-chain disruptions and low sales of passenger cars.
The temporary suspension of production of vehicles across the globe and the shortage of component of semiconductor chips hampered the market.
The report offers detailed segmentation of the global e-drive for automotive market based on electric vehicle type, vehicle drive type, application, and region. The report provides an analysis of each segment and sub-segment with the help of tables and figures. This analysis helps investors, market players, and new entrants in determining the sub-segments to be tapped on to achieve growth in the coming years.
Based on electric vehicle type, the battery electric vehicle segment accounted for the highest share in 2021, contributing to nearly half of the total share, and is expected to maintain its leadership status during the forecast period. In addition, the segment is expected to manifest the highest CAGR of 9.8% from 2022 to 2031.
๐๐ซ๐จ๐๐ฎ๐ซ๐ ๐๐จ๐ฆ๐ฉ๐ฅ๐๐ญ๐ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ- https://www.alliedmarketresearch.com/request-sample/10704
Based on vehicle drive type, the all wheel drive segment held the largest share in 2021, accounting for nearly half of the market, and is expected to maintain its dominance in terms of revenue by 2031. However, the rear wheel drive segment is estimated to witness the largest CAGR of 10.0% during the forecast period.
On the basis of application, the passenger cars segment dominated the market in 2021, accounting for more than four-fifths of the market, and is projected to maintain its leading position throughout the forecast period. However, the commercial vehicle segment is estimated to showcase the highest CAGR of 10.0% during the forecast period.
Based on region, the market across Asia-Pacific accounted for the highest share in 2021, contributing to more than two-fifths of the total market share, and is projected to continue its leadership status by 2031. However, the market across Europe is projected to portray the fastest CAGR of 9.7% during the forecast period.
Leading players of the global e-drive for automotive market analyzed in the research include Toyota Motor Corporation, Continental AG, Robert Bosch GmbH, ZF Friedrichshafen AG, BorgWarner Inc., Magna International Inc., AISIN SEIKI Co. Ltd., Schaeffler AG, Hitachi, Ltd, GKN PLC, E-TRACTION B.V, NISSAN MOTOR CO., LTD.
๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐๐๐๐จ๐ซ๐ ๐๐ฎ๐ฒ๐ข๐ง๐ - https://www.alliedmarketresearch.com/purchase-enquiry/10704
The report analyzes these key players in the global e-drive for automotive market. These players have adopted various strategies such as new product launches, expansion, partnerships, and others to increase their market penetration and strengthen their position in the industry. The report is helpful in determining the business performance, operating segments, product portfolio, and developments of every market player.
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Allied Market Research is market research, consulting, and advisory firm of Allied Analytics LLP. Founded in 2013, the firm has been instrumental in offering high-quality syndicated and customized market research reports, consulting services, and useful insights to leading market players, startups, investors, and stakeholders. Driven by the aim to eliminate sub-standard data and become a successful partner for organizations, Allied Market Research has been innovating continuously, expanding the product & service portfolio, and implementing the client-first approach since its inception. With the clientele spanning more than 7,000 organizations that also include a majority of Fortune 500 companies, AMR has a proven track record of helping and serving the global clientele and playing a major role in their success.
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