Press release
Electric Vehicle Transmission Market Report, Size, Trends, Share Report 2024-2033
Electric Vehicle Transmission Market
The electric vehicle transmission market size is expected to see rapid growth in the next few years. It will grow to $18.85 billion in 2028 at a compound annual growth rate (CAGR) of 19.5%. The growth in the forecast period can be attributed to regulatory policies and emission standards, focus on sustainability and environmental awareness, investments in infrastructure, and cost reduction efforts. Major trends in the forecast period include optimization for efficiency, motor and transmission integration, multi-speed transmission development, standardization and modularization, and adoption of advanced materials.
Market Overview -
Electric vehicle (EV) transmission refers to the system or mechanism used to transmit power from the electric motor to the wheels of the vehicle. The purpose of an electric vehicle (EV) transmission is to manage the power output of the electric motor and regulate the distribution of power to the wheels.
Download Free Sample of Report -
https://www.thebusinessresearchcompany.com/sample.aspx?id=14095&type=smp
Driving Forces Behind the Growth of the Electric Vehicle Transmission Market
The increasing demand for electric vehicles is expected to propel the growth of the electric vehicle transmission market going forward. Electric vehicles (EVs) refer to automobiles that are powered by one or more electric motors, using electrical energy stored in rechargeable batteries or other energy storage devices. Electric vehicle transmissions are used for electric vehicles to transfer power from the electric motor to the wheels efficiently and effectively, addressing the unique characteristics of electric propulsion. For instance, in April 2023, according to reports published by the International Energy Agency, a France-based intergovernmental organization, global electric car sales exceeded 10 million units in 2022, with predictions for a 35% growth to 14 million units in 2023. Therefore, the increasing demand for electric vehicles is driving the growth of the electric vehicle transmission market.
Competitive Landscape -
Major companies operating in the electric vehicle transmission market are Hitachi Automotive Systems Ltd., BYD Company Limited, ZF Friedrichshafen AG, Continental AG, Hyundai Motor Company, Magna International Inc., Aisin Seiki Co. Ltd., Valeo SA, Eaton Corporation plc, Nidec Corporation, Schaeffler AG, Parker Hannifin Corporation, BorgWarner Inc., Dana Incorporated, Vitesco Technologies, NIO Inc., Voith Group, GKN Automotive Limited, Allison Transmission Holdings Inc., AVL Schrick GmbH, Punch Powertrain NV, Ricardo plc, Romax Technology Limited, Torqeedo GmbH
Technological Advancements In Electric Vehicle Transmission Systems For Commercial Vehicles
Major companies operating in the electric vehicle transmission market are concentrating on innovative advancements such as electrified e-transmission to meet the needs of electric and hybrid commercial vehicles and provide efficient power delivery. It is an EV transmission system for commercial vehicles designed to provide the highest level of efficiency and performance with maximum startability, gradeability, and road speed. For instance, in May 2023, Dana Incorporated, a US-based automotive industry company, introduced spicer electrified e-transmissions, which are designed for medium-duty electric vehicle applications. These e-Transmissions are engineered to provide high efficiency and performance, with features such as a Dana high-efficiency motor and integrated inverter system, an electromechanical actuation system with a patented Dana Graziano clutch design, and an optimized three-speed system with Ravigneaux gearing. Additionally, it is available in two models, the eS4700t and the eS7900t, offering 4,700 and 7,900 Nm of output torque, respectively.
Browse Full Report @
https://www.thebusinessresearchcompany.com/report/electric-vehicle-transmission-global-market-report
Key Segments -
The electric vehicle transmission market covered in this report is segmented -
1) By Type: Single Speed, Multi-Speed
2) By Transmission system: Automated Manual Transmissions, Continuously Variable Transmissions, Dual Clutch Transmission/Dedicated Hybrid Transmission, Automatic Transmission
3) By Vehicle Type: Battery Electric Vehicle, Plug-In Hybrid Electric Vehicle, Hybrid Electric Vehicle
Key highlights covered in the report -
1. Detailed market size forecast and historical data analysis
2. Key drivers influencing market growth
3. Identification of upcoming trends and potential opportunities in the market
4. Analysis of major players strategies, to understand competitive dynamics and market positioning
5. Evaluation of regional dynamics
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Want To Know More About The Business Research Company?
The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialise in various industries including manufacturing, healthcare, financial services, chemicals, and technology.
Global Market Model - World's Most Comprehensive Database
The Business Research Company's flagship product, Global Market Model (www.thebusinessresearchcompany.com/global-market-model) is a market intelligence platform covering various macroeconomic indicators and metrics across 60 geographies and 27 industries. The Global Market Model covers multi-layered datasets which help its users assess supply-demand gaps
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Electric Vehicle Transmission Market Report, Size, Trends, Share Report 2024-2033 here
News-ID: 3461779 • Views: …
More Releases from The Business research company
Segment Evaluation and Major Growth Areas in the Personalized Testing and Supple …
The personalized testing and supplements sector is gaining remarkable traction, driven by advancements in technology and a rising consumer focus on tailored health solutions. As more individuals seek customized wellness options, this market is set to experience substantial expansion in the coming years. Here's an in-depth look at its current valuation, key players, significant trends, and the main market segments shaping its future.
Market Valuation and Expansion Forecast for Personalized Testing…
Top Players and Market Competition in the Skin Microbiome Industry
The skin microbiome market is emerging as a significant area of interest due to growing awareness about the critical role of skin health and innovative skincare technologies. As research advances and consumer preferences shift towards more natural and science-backed products, this market is set to undergo substantial growth. Let's explore the current market size, key players, driving factors, and upcoming trends shaping the skin microbiome industry.
Projected Expansion in the Skin…
Key Strategic Developments and Emerging Changes Shaping the Upadacitinib Market …
The upadacitinib market is poised for significant expansion over the coming years, driven by advances in treatment options and increasing awareness of autoimmune diseases. This report delves into the market's current size, key drivers, major players, and the emerging trends shaping its future trajectory.
Steady Growth Expected in Upadacitinib Market Size Through 2029
The market for upadacitinib is projected to reach $2.54 billion by 2029, growing at a robust compound annual…
Analysis of Key Market Segments Driving the Alzheimer's Disease Diagnostic Marke …
The Alzheimer's disease diagnostic sector is rapidly evolving as advancements in technology and healthcare infrastructure open new possibilities for early detection and personalized treatment. With rising awareness and innovative approaches, this market is poised for significant growth in the coming years. Let's explore the current market size, key drivers, leading companies, and emerging trends that are shaping this critical healthcare field.
Projected Market Size and Growth Trends in Alzheimer's Disease Diagnostics…
More Releases for Transmission
Belton Transmission Offers Local Advantage in Remanufactured Transmission Distri …
Image: https://www.globalnewslines.com/uploads/2025/05/1746464524.jpg
From Maintenance to Repairs, We Do It All-Belton Transmission and Complete Auto Repair
Belton, MO - May 6, 2025 - When it comes to transmission services, not all auto shops are created equal. At Belton Transmission and Complete Auto Repair, we're proud to offer local distribution of high-quality remanufactured transmissions - a service that brings unmatched convenience and reliability to our community and industry partners throughout the Kansas City…
Automotive Transmission Engineering Services Outsourcing Market by Transmission …
Automotive Transmission Engineering Services Outsourcing market is expected to reach USD 19.02 billion by 2027 and witnessing market growth at a rate of 6.5% in the forecast period of 2020 to 2027.
The Automotive Transmission Engineering Services Outsourcing report assists to attain an extreme sense of evolving industry movements before the competitors. The report presents the data and information for actionable, most modern and real-time market insights about Automotive Transmission…
Automotive Clutch Market Forecast to 2028 Covid-19 Impact and Global Analysis by …
A clutch is a mechanical device which connects and disconnects the power transmission from one driving shafts to other driven shafts. With rapid automobile sales across the world, consumer demand for effective transmission modes, thereby demands automotive clutch is expected to grow significantly in the near future. Due to the presence of prominent manufactures in developed countries is expected to lead the market in terms of revenue and volume.
Sample PDF…
Transmission Repair Market to 2025 - Leading Players BorgWarner, Continental AG, …
Transmission Repair Market which has been compiled after an in-depth analysis of the market trends prevailing across five geographies (North America, Europe, Asia-Pacific, Middle-East and Africa, and South America). Various segments of the market such as type/components/ application/industry verticals/ end-users are analyzed with robust research methodology which includes three step process starting with extensive secondary research to gather data from company profiles, global/regional associations, trade journals, technical white papers, paid…
Global Transmission Repair Market - Allison Transmission, Schaeffler, Continenta …
A New fresh research report presented by KD Market Insights provides a detailed analysis of “Transmission Repair Market – By Components (Gaskets and Seals, Fluids, Transmission Filters, O-Rings, Axles), By Repair Type (Transmission General Repair, Transmission Overhaul), By Vehicle Type (Passenger Car, Light Commercial Vehicle) & Global Region - Market Size, Share, Trends and Forecast 2018-2023” research report will include all the major trends and technologies that play an important…
Wireless Power Transmission Market segmentation is based on application, technol …
Wireless power transmission (WPT) or wireless power transfer refers to the transfer of energy or power from one place to another without being connecting through wires. In this, electromagnetic energy is transferred from power sources to electric loads.
Wired transmission is the most commonmode of transmitting electrical energy. Its main drawback, the loss of energy during transmission, drives the demand for wireless power transmission. Being fast and consistent, WPT can be…
