Accelerating Towards the $1,078.18 Billion Electric Powertrain Market by 2031
According to the report published by Allied Market Research, the global electric powertrain market accrued earnings worth $83.66 billion in 2021, and is predicted to hit $1,078.18 billion by 2031, registering a CAGR of 29.1% from 2022 to 2031. The market research study provides a detailed analysis of oscillating market trends, top-most segments, value chain analysis, major investment business scenarios, regional space, and competitive landscape. The study is a key information source for giant players, entrepreneurs, shareholders, and owners in generating new strategies for the future and taking steps to improve their market position. The report displays an in-depth quantitative analysis of the market from 2022 to 2031 and guides investors in allocating funds to the rapidly emerging industry.๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ ๐๐ฌ - https://www.alliedmarketresearch.com/request-sample/A10091
The report offers detailed segmentation of the global electric powertrain market based on component, vehicle type, vehicle class, vehicle drive type, application, and region. It provides an in-depth analysis of every segment and sub-segment in tables and figures through which consumers can derive a conclusion about market trends and insights. The market report analysis aids organizations, investors, and entrepreneurs in understanding which sub-segments are to be tapped for achieving huge growth in the years ahead.
๐๐๐ฌ๐๐ ๐จ๐ง ๐ญ๐ก๐ ๐๐ฉ๐ฉ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง, the BEV segment contributed the largest market share in 2021, accounting for more than three-fourths of the overall share of the global electric powertrain market. Moreover, this segment is predicted to retain its dominant status during the forecast timespan. In addition, the segment is projected to record the fastest CAGR of 29.5% during the forecast period. The report also provides an overall analysis of segments such as PHEV and FCEV.
๐๐๐ฌ๐๐ ๐จ๐ง ๐ญ๐ก๐ ๐๐จ๐ฆ๐ฉ๐จ๐ง๐๐ง๐ญ, the battery segment held the largest share in 2021, contributing nearly three-fifths of the overall share of the global electric powertrain market. Moreover, this segment is predicted to contribute the highest market share by 2031. However, the on-board charger segment is also anticipated to record the fastest growth with CAGR of nearly 34.2% during the forecast timespan. The report also provides an overall analysis of segments such as power electronic controller, motor/generator, converter, and transmission.
๐๐๐ฌ๐๐ ๐จ๐ง ๐ญ๐ก๐ ๐ฏ๐๐ก๐ข๐๐ฅ๐ ๐ญ๐ฒ๐ฉ๐, the passenger car segment held the largest share in 2021, contributing more than four-fifths of the overall share of the global electric powertrain market. Moreover, this segment is predicted to contribute the highest market share by 2031. However, the commercial vehicle segment is also anticipated to record the fastest growth with CAGR of nearly 31.0% during the forecast timespan.
๐๐ซ๐จ๐๐ฎ๐ซ๐ ๐๐จ๐ฆ๐ฉ๐ฅ๐๐ญ๐ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฐ: https://www.alliedmarketresearch.com/electric-powertrain-market/purchase-options
๐๐๐ฌ๐๐ ๐จ๐ง ๐ญ๐ก๐ ๐ฏ๐๐ก๐ข๐๐ฅ๐ ๐๐ฅ๐๐ฌ๐ฌ, the mid-priced segment held the largest share in 2021, contributing nearly four-fifths of the overall share of the global electric powertrain market. Moreover, this segment is predicted to contribute the highest market share by 2031. However, the luxury segment is also anticipated to record the highest growth with CAGR of nearly 31.1% during the forecast timespan.
๐๐๐ฌ๐๐ ๐จ๐ง ๐ญ๐ก๐ ๐ฏ๐๐ก๐ข๐๐ฅ๐ ๐๐ซ๐ข๐ฏ๐ ๐ญ๐ฒ๐ฉ๐, the all wheel drive segment held the largest share in 2021, contributing more than two-fifths of the overall share of the global electric powertrain market. Moreover, this segment is predicted to contribute the highest market share by 2031. However, the rear wheel drive segment is also anticipated to record the fastest growth with CAGR of nearly 30.7% during the forecast timespan. The report also provides an overall analysis of segments such as front wheel drive.
๐๐๐ฌ๐๐ ๐จ๐ง ๐ซ๐๐ ๐ข๐จ๐ง, Asia-Pacific contributed toward the highest market share in 2021, accounting for nearly half of the global electric powertrain market. The region is predicted to contribute majorly toward the global market share in 2031. Moreover, the LAMEA electric power train market is slated to record the highest CAGR of 32.0% during the forecast timeline. The research also analyzes regions including Europe and North America.
The factors such as growth in trend of downsized engines, increase in sales of electric vehicles, and stringent vehicular emission norms & regulations propel the demand for electric powertrain market. However, high manufacturing costs and range anxiety & serviceability are the factors expected to hamper the market growth. In addition, rocketing infrastructural developments of EV infrastructure and advancement in technology are some of the factors that create lucrative opportunities for the electric powertrain market during the forecast period.
๐๐ง๐ญ๐๐ซ๐๐ฌ๐ญ๐๐ ๐ญ๐จ ๐๐ซ๐จ๐๐ฎ๐ซ๐ ๐ญ๐ก๐ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ? ๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐๐๐๐จ๐ซ๐ ๐๐ฎ๐ฒ๐ข๐ง๐ - https://www.alliedmarketresearch.com/purchase-enquiry/A10091
๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ:-
๐๐จ๐ซ๐ ๐๐๐ซ๐ง๐๐ซ,
๐๐ซ๐ฎ๐ฌ๐ ๐๐ฅ๐๐๐ญ๐ซ๐จ๐ง๐ข๐ค,
๐๐จ๐๐๐ซ๐ญ ๐๐จ๐ฌ๐๐ก ๐๐ฆ๐๐,
๐๐จ๐ง๐ญ๐ข๐ง๐๐ง๐ญ๐๐ฅ ๐๐,
๐๐๐ง๐ ๐๐ง๐๐จ๐ซ๐ฉ๐จ๐ซ๐๐ญ๐๐,
๐๐๐ง๐ฌ๐จ,
๐๐ข๐ญ๐๐๐ก๐ข,
๐๐๐ ๐ง๐ ๐๐ง๐ญ๐๐ซ๐ง๐๐ญ๐ข๐จ๐ง๐๐ฅ ๐๐ง๐.,
๐๐๐ ๐ง๐๐ญ๐ข ๐๐๐ซ๐๐ฅ๐ฅ๐ข ๐๐ค ๐๐จ๐ฅ๐๐ข๐ง๐ ๐ฌ,
๐๐ข๐ญ๐ฌ๐ฎ๐๐ข๐ฌ๐ก๐ข ๐๐ฅ๐๐๐ญ๐ซ๐ข๐ ๐๐จ๐ซ๐ฉ.,
๐๐๐ก๐๐๐๐๐ฅ๐๐ซ ๐๐,
๐๐ ๐ ๐ซ๐ข๐๐๐ซ๐ข๐๐ก๐ฌ๐ก๐๐๐๐ง ๐๐,
๐๐ข๐๐๐ ๐๐จ๐ซ๐ฉ๐จ๐ซ๐๐ญ๐ข๐จ๐ง,
๐๐๐ง๐๐ฌ๐จ๐ง๐ข๐,
๐๐จ๐ฒ๐จ๐ญ๐ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ข๐๐ฌ ๐๐จ๐ซ๐ฉ๐จ๐ซ๐๐ญ๐ข๐จ๐ง,
๐๐๐ฅ๐๐จ,
๐๐๐ฅ๐ฅ๐ฒ ๐๐จ๐ง๐ญ๐ซ๐จ๐ฅ๐ฌ, ๐๐ง๐.
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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.
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