Press release
Smart Electric Drive Market Projected to Hit US$ 29,472.48 Million by 2032, to grow at a CAGR of 37.2% | PMR
๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐ ๐ซ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ ๐๐๐ฉ๐จ๐ซ๐ญ: https://www.polarismarketresearch.com/industry-analysis/smart-electric-drive-market/request-for-sample
๐๐๐ซ๐ข๐จ๐ฎ๐ฌ ๐๐๐๐ญ๐จ๐ซ๐ฌ ๐ฉ๐ซ๐จ๐ฉ๐๐ฅ๐ฅ๐ข๐ง๐ ๐ญ๐ก๐ ๐๐๐ฆ๐๐ง๐ ๐๐จ๐ซ ๐ฌ๐ฆ๐๐ซ๐ญ ๐๐ฅ๐๐๐ญ๐ซ๐ข๐ ๐๐ซ๐ข๐ฏ๐๐ฌ ๐ข๐ง๐๐ฅ๐ฎ๐๐:
โข The capability of smart electric drives to provide a smoother and more efficient vehicle transmission and their efficient energy utilization are propelling the demand for these drives.
โข The rising utilization of electric vehicles due to stringent emission regulations and the government's encouragement to switch to electric vehicles is anticipated to drive the prevalence of smart e-drives.
โข The lower operating costs and environmental benefits of smart electric drives further fuel the market's expansion.
๐๐ก๐๐ญ ๐ข๐ฌ ๐๐ฆ๐๐ซ๐ญ ๐๐ฅ๐๐๐ญ๐ซ๐ข๐ ๐๐ซ๐ข๐ฏ๐?
A smart electric drive is an advanced version of an electric drive system that has modifications to make driving a smooth and safer experience. The drive is powered by a battery, which can be a solid-state battery, lithium-ion-based, or lead-based battery. The battery has the function of providing direct energy transmission to the vehicle, thereby saving a considerable amount of energy. The drive type appeals to consumers who consciously choose to buy sustainable products. During operation, the electric motor in the smart electric drive is separately excited via a three-phase synchronous motor. The drive unit of smart electric drive houses power electronics to control the energy flow from the high-voltage battery to the electric motor.
๐๐๐ฒ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐๐๐ซ๐ญ๐ข๐๐ข๐ฉ๐๐ง๐ญ๐ฌ
The market for smart electric drive is characterized by fragmentation. The smart electric drive market is poised to witness competition owing to the presence of multiple players. Some of the top industry participants are:
โข ABB
โข Aisin Corporation
โข Allison Transmission
โข Borgwarner
โข Bosch
โข Continental Ag
โข Dana
โข Hexagon AB
โข Hitachi
โข Infineon Technologies
โข Jing-Jin Electric Technologies
โข Magna International
โข Mahle
โข Meidensha Corporation
โข Meritor
โข Nidec Corporation
โข Shanghai mart Control Co.,Ltd
โข Siemens AG
โข ZF Group
๐๐ฎ๐ฒ ๐ญ๐ก๐ข๐ฌ ๐๐ซ๐๐ฆ๐ข๐ฎ๐ฆ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ: https://www.polarismarketresearch.com/buy/2915/2
๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ฅ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ
๐๐ฒ ๐๐๐ก๐ข๐๐ฅ๐ ๐๐ฒ๐ฉ๐
โข Passenger Cars
โข Commercial Vehicles
โข 2 wheelers
๐๐ฒ ๐๐ ๐๐ฒ๐ฉ๐
โข BEV
โข HEV
โข PHEV
๐๐๐ ๐ข๐จ๐ง๐๐ฅ ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ
โข North America (U.S., Canada)
โข Europe (France, Germany, UK, Italy, Netherlands, Spain, Russia)
โข Asia Pacific (Japan, China, India, Malaysia, Indonesia. South Korea)
โข Latin America (Brazil, Mexico, Argentina)
โข Middle East & Africa (Saudi Arabia, UAE, Israel, South Africa)
๐๐ฅ๐ข๐๐ค ๐ก๐๐ซ๐ ๐ญ๐จ ๐๐๐๐๐ฌ๐ฌ ๐ญ๐ก๐ ๐ ๐ฎ๐ฅ๐ฅ ๐๐๐ฉ๐จ๐ซ๐ญ: https://www.polarismarketresearch.com/industry-analysis/smart-electric-drive-market
๐๐ฆ๐๐ซ๐ญ ๐๐ฅ๐๐๐ญ๐ซ๐ข๐ ๐๐ซ๐ข๐ฏ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ
โข Passenger cars that run on electricity use electric motors and batteries instead of conventional diesel or petrol engines. They are the biggest category in the smart electric drive market in terms of value and are expected to see substantial growth in the coming period.
โข In 2022, the front-wheel-drive segment had the highest share. This is because front-wheel-drive vehicles are usually lighter than their rear-wheel-drive counterparts, making them a popular choice for sedans in the medium and lower price range. The reason behind this is that front-wheel drive offers reliable traction and good balance.
โข The North America region dominated the global market in 2022, with the United States having the highest demand for advanced drive systems. This has led to the best-selling EVs in the region dominating the automotive market. The leading Original Equipment Manufacturers (OEMs), including GM and Ford, are partnering with companies such as Hitachi, ZF, BorgWarner, LG, Magna, and others to improve their powered mobility. As a result, there is an expected gradual increase in the industry's requirement for sophisticated drive systems over the next few years.
๐๐ข๐ฌ๐๐จ๐ฏ๐๐ซ ๐๐๐๐ข๐ญ๐ข๐จ๐ง๐๐ฅ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ๐๐ฒ ๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ข๐ง๐ ๐๐๐ฅ๐๐ญ๐๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ:
๐๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ ๐๐๐ญ๐๐ซ๐ฆ๐๐ซ๐ค๐๐ญ ๐๐๐ซ๐ค๐๐ญ: https://www.polarismarketresearch.com/industry-analysis/automotive-aftermarket-market
๐ ๐๐๐๐๐๐ฌ ๐๐๐ซ๐ค๐๐ญ: https://www.polarismarketresearch.com/industry-analysis/facades-market
๐๐ฎ๐ญ๐จ๐ฆ๐๐ญ๐๐ ๐๐ฎ๐ข๐๐๐ ๐๐๐ก๐ข๐๐ฅ๐ (๐๐ ๐ฏ) ๐๐๐ซ๐ค๐๐ญ: https://www.polarismarketresearch.com/industry-analysis/automated-guided-vehicle-market
๐๐ง๐ญ๐๐ฅ๐ฅ๐ข๐ ๐๐ง๐ญ ๐๐ซ๐๐ง๐ฌ๐ฉ๐จ๐ซ๐ญ ๐๐ฒ๐ฌ๐ญ๐๐ฆ ๐๐๐ซ๐ค๐๐ญ: https://www.polarismarketresearch.com/industry-analysis/intelligent-transport-system-market
๐๐ฅ๐ฎ๐ฆ๐ข๐ง๐ฎ๐ฆ ๐๐ฎ๐ซ๐ญ๐๐ข๐ง ๐๐๐ฅ๐ฅ ๐๐๐ซ๐ค๐๐ญ: https://www.polarismarketresearch.com/industry-analysis/aluminum-curtain-wall-market
๐๐จ๐ง๐ญ๐๐๐ญ ๐๐ง๐๐จ:
Polaris Market Research
30 Wall Street, 8th Floor,
New York City, NY 10005,
United States
Phone:+1-929 297-9727
Email: sales@polarismarketresearch.com
๐๐๐จ๐ฎ๐ญ ๐๐ฌ:
Polaris Market Research is a worldwide market research and consulting organization. We give unmatched nature of offering to our customers present all around the globe across industry verticals. Polaris Market Research has expertise in giving deep-dive market insight along with market intelligence to our customers spread crosswise over various undertakings. We at Polaris are obliged to serve our different client base present over the enterprises of medicinal services, healthcare, innovation, next-gen technologies, semi-conductors, chemicals, automotive, and aerospace & defence, among different ventures present globally.
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