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Shifting Gears : Exploring Advancements in the Electric Vehicle (EV) Transmission Market Forecast, 2020-2027

12-22-2023 02:40 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Allied Market Research

Shifting Gears : Exploring Advancements in the Electric Vehicle

According to the report published by Allied Market Research, ๐“๐ก๐ž ๐ ๐ฅ๐จ๐›๐š๐ฅ ๐ž๐ฅ๐ž๐œ๐ญ๐ซ๐ข๐œ ๐ฏ๐ž๐ก๐ข๐œ๐ฅ๐ž (๐„๐•) ๐ญ๐ซ๐š๐ง๐ฌ๐ฆ๐ข๐ฌ๐ฌ๐ข๐จ๐ง ๐ฆ๐š๐ซ๐ค๐ž๐ญ ๐ฐ๐š๐ฌ ๐ฏ๐š๐ฅ๐ฎ๐ž๐ ๐š๐ญ $๐Ÿ’.๐Ÿ“๐Ÿ ๐›๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐ข๐ง ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ—, ๐š๐ง๐ ๐ข๐ฌ ๐ฉ๐ซ๐จ๐ฃ๐ž๐œ๐ญ๐ž๐ ๐ญ๐จ ๐ซ๐ž๐š๐œ๐ก $๐Ÿ๐ŸŽ.๐ŸŽ๐Ÿ– ๐›๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐›๐ฒ ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ•, ๐ซ๐ž๐ ๐ข๐ฌ๐ญ๐ž๐ซ๐ข๐ง๐  ๐š ๐‚๐€๐†๐‘ ๐จ๐Ÿ ๐Ÿ๐Ÿ•.๐Ÿ‘%. The report provides an extensive analysis of drivers & opportunities, key segments, top winning strategies, major investment pockets, value chain, and competitive landscape.

๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐๐š๐ ๐ž๐ฌ : https://www.alliedmarketresearch.com/request-sample/4095

๐‹๐ž๐š๐๐ข๐ง๐  ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ :

Aisin Seiki Co., Ltd.,
Allison Transmission Inc.,
AVL List GmbH,
BorgWarner Inc,
Continental AG,
Dana Limited,
Eaton,
JATCO Ltd.,
Schaeffler Technologies AG & Co.
KG,
ZF Friedrichshafen AG.

Growth in demand for fuel-efficient and low-emission vehicles, rise in production of electric vehicles, and government initiatives to support adoption of electric vehicles drive the growth of the global electric vehicle transmission market. However, high cost of electric vehicles hinders the market growth. On the other hand, technological advancement in electric vehicles and incorporation in vehicle to grid (V2G) EV charging stations create new opportunities in the coming years.

๐“๐ก๐ž ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ ๐จ๐Ÿ๐Ÿ๐ž๐ซ๐ฌ ๐๐ž๐ญ๐š๐ข๐ฅ๐ž๐ ๐ฌ๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง ๐จ๐Ÿ ๐ญ๐ก๐ž ๐ ๐ฅ๐จ๐›๐š๐ฅ ๐ž๐ฅ๐ž๐œ๐ญ๐ซ๐ข๐œ ๐ฏ๐ž๐ก๐ข๐œ๐ฅ๐ž ๐ญ๐ซ๐š๐ง๐ฌ๐ฆ๐ข๐ฌ๐ฌ๐ข๐จ๐ง ๐ฆ๐š๐ซ๐ค๐ž๐ญ ๐›๐š๐ฌ๐ž๐ ๐จ๐ง ๐ญ๐ฒ๐ฉ๐ž, ๐ฏ๐ž๐ก๐ข๐œ๐ฅ๐ž ๐ญ๐ฒ๐ฉ๐ž, ๐ญ๐ซ๐š๐ง๐ฌ๐ฆ๐ข๐ฌ๐ฌ๐ข๐จ๐ง ๐ฌ๐ฒ๐ฌ๐ญ๐ž๐ฆ, ๐š๐ง๐ ๐ซ๐ž๐ ๐ข๐จ๐ง :

Based on type, the single-speed segment accounted for the largest market share, accounting for 95% of the market in 2019, and will maintain its lead position during the forecast period. However, the multi-speed segment is expected to portray the fastest CAGR of 40.1% from 2020 to 2027.

๐๐ซ๐จ๐œ๐ฎ๐ซ๐ž ๐‚๐จ๐ฆ๐ฉ๐ฅ๐ž๐ญ๐ž ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฐ : https://www.alliedmarketresearch.com/electric-vehicle-transmission-market/purchase-options

Based on vehicle type, the passenger electric vehicle segment contributed to the highest share in 2019, holding nearly half of the global electric vehicle transmission industry, and is projected to witness its lead position in terms of revenue by 2027. However, the commercial electric vehicle segment would manifest the highest CAGR of 30.0% from 2020 to 2027.

Based on region, Asia-Pacific contributed to the highest market share in 2019, accounting for nearly two-fifths of the total market, and will maintain its dominance throughout the forecast period. However, Europe is expected to grow at the largest CAGR of 29.8% during the forecast period. Other two provinces studied in the report include North America and LAMEA.

๐‚๐Ž๐•๐ˆ๐ƒ-๐Ÿ๐Ÿ— ๐ˆ๐ฆ๐ฉ๐š๐œ๐ญ ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ :

COVID-19 has presented the world with an unprecedented economic, humanitarian, and healthcare challenge.

Rapid spread of the disease has led to a significant impact on the global automotive industry, with a downturn in demand for new and old vehicles.

The electric vehicle segment has been hit hard by this pandemic as these automobiles are mostly considered as modern day mobility and at the same time are costlier enough for ownership.

Attributed to the pandemic and its rapid spread across the globe, the demand & supply chain for numerous products came to a halt due to the unavailability of transportation mediums.

๐ˆ๐ง๐ช๐ฎ๐ข๐ซ๐ž ๐๐ž๐Ÿ๐จ๐ซ๐ž ๐๐ฎ๐ฒ๐ข๐ง๐  : https://www.alliedmarketresearch.com/purchase-enquiry/4095

Moreover, during the end of 2020, the situation came in control in some countries due to which the demand & supply gap was fulfilled and there was significant growth in the registration of new vehicles due to the need to avoid public transport to commute from one place to another.

๐‘๐ž๐š๐ ๐Œ๐จ๐ซ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ :

๐„๐ฅ๐ž๐œ๐ญ๐ซ๐ข๐œ ๐•๐ž๐ก๐ข๐œ๐ฅ๐ž ๐‚๐ก๐š๐ซ๐ ๐ž๐ซ ๐Œ๐š๐ซ๐ค๐ž๐ญ : https://www.globenewswire.com/en/news-release/2023/06/01/2680552/0/en/Electric-Vehicle-Charger-Market-Size-to-Reach-91-2-Billion-Globally-by-2032-at-29-3-CAGR-Allied-Market-Research.html

๐„๐ฅ๐ž๐œ๐ญ๐ซ๐ข๐œ ๐•๐ž๐ก๐ข๐œ๐ฅ๐ž ๐๐จ๐ฐ๐ž๐ซ ๐ˆ๐ง๐ฏ๐ž๐ซ๐ญ๐ž๐ซ ๐Œ๐š๐ซ๐ค๐ž๐ญ : https://www.globenewswire.com/en/news-release/2022/09/02/2509311/0/en/Electric-Vehicle-Power-Inverter-Market-to-Garner-22-25-Billion-by-2031-Allied-Market-Research.html

๐„๐ฅ๐ž๐œ๐ญ๐ซ๐ข๐œ ๐๐ฎ๐ฌ ๐‚๐ก๐š๐ซ๐ ๐ข๐ง๐  ๐ˆ๐ง๐Ÿ๐ซ๐š๐ฌ๐ญ๐ซ๐ฎ๐œ๐ญ๐ฎ๐ซ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ : https://www.globenewswire.com/news-release/2022/11/21/2559532/0/en/E-Bus-Charging-Infrastructure-Market-Size-to-Reach-18-8-Billion-by-2030-Allied-Market-Research.html

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ :

David Correa
1209 Orange Street,
Corporation Trust Center,
Wilmington, New Castle,
Delaware 19801 USA.
USA/Canada (Toll Free):
+1-800-792-5285
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1-800-792-5285
help@alliedmarketresearch.com

Web: www.alliedmarketresearch.com

Allied Market Research Blog: https://blog.alliedmarketresearch.com

About Us :

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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