Rising Electric Vehicle Adoption Fuels Growth In Rear Electric Axle (E-Axle) Market Driving Market Acceleration in the Rear Electric Axle (E-Axle) Industry, 2025

Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.

How Large Will the Rear Electric Axle (E-Axle) Market Size By 2025?
In recent years, the market size for the rear electric axle (E-Axle) has seen an overwhelming surge. The market that was valued at $47.24 billion in 2024 is predicted to rise to a whopping $57.79 billion in 2025, representing a compound annual growth rate (CAGR) of 22.3%. The significant expansion during the historical period is linked to factors such as the growing preference for electric vehicles, heightened consciousness about the environment, escalating government benefits for EVs, rapid urbanization, and the rising demand for autonomous vehicles.

How Big Is the Rear Electric Axle (E-Axle) Market Size Expected to Grow by 2029?
The market for the rear electric axle (E-Axle) is projected to experience significant growth in the coming years, ballooning to $127.69 billion by 2029, an equivalent of a compound annual growth rate (CAGR) of 21.9%. This future growth is attributed to an increasing inclination towards environment-friendly practices, heightening investment in electric vehicle infrastructure, and a surge in demand for cost-effective electric axle solutions and advanced vehicle control systems. An exponential demand for energy-efficient means of transportation is also a noteworthy contributor. The market forecast period is set to observe trends such as innovative technology upgrades, the emergence of hybrid vehicles, the adaptability of modular electric axle systems, all-wheel drive systems, and sophisticated axle control systems.

View the full report here:
https://www.thebusinessresearchcompany.com/report/rear-electric-axle-e-axle-global-market-report

Which Key Market Drivers Powering Rear Electric Axle (E-Axle) Market Expansion and Growth?
The growth of the rear electric axle (E-axle) market is anticipated to be fueled by the rising adoption of electric vehicles. These automobiles, powered wholly or partially by the electricity stored in batteries as opposed to internal combustion engines, are increasingly chosen due to environmental awareness, encouraging governmental policies, progress in battery technology, and expanding charging infrastructure. The rear electric axle serves a vital purpose in electric vehicles as it consolidates the electric motor, gearbox, and rear axle into one component, ensuring effective propulsion, space optimization, and superior handling and performance. For instance, the France-based intergovernmental organization, the International Energy Agency, revealed in March 2023 that nearly 2.3 million electric vehicles were sold in the first quarter of 2023, a 25% increase compared to the same period the previous year. Hence, the climbing adoption rates of electric vehicles is a significant driving force for the growth of the rear electric axle (E-axle) market.

Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=19671&type=smp

Which Fast-Growing Trends Are Poised to Disrupt the Rear Electric Axle (E-Axle) Market?
Leading businesses active in the rear electric axle (E-Axle) market are striving to create innovative technologies, such as a completely electric rear axle, aimed at improving performance, efficiency, and distance in electric and hybrid cars. A wholly electric rear axle, also known as an e-axle, is a consolidated electric propulsion system developed for rear-axle installation on a vehicle. This technology is typically found in electric vehicles (EVs) and hybrids to provide drive power. For example, in September 2022, heavy-duty truck manufacturer Volvo Trucks, based in Sweden, introduced a novel fully electric rear axle to expand battery life. This groundbreaking axle is designed to offer longer range, making it suitable for long-distance haulage. This e-axle boasts a high-powered electric motor providing high torque and smooth acceleration, lending a responsive drive experience and lowering power expenditure. Volvo's existing electric vehicle framework seamlessly integrates with the axle, allowing for improved energy recovery features that aid in optimizing battery longevity.

What Are the Emerging Segments in the Rear Electric Axle (E-Axle) Market?
The rear electric axle(E-Axle) market covered in this report is segmented -

1) By Component: Combining Motors, Power Electronics, Transmission, Other Components
2) By Shaft Type: Single Axle, Multiple Axle
3) By Material: Alloys, Carbon Fiber
4) By Drive Type: All Wheel Type, Front Wheel Type, Rear Wheel Type
5) By Vehicle Type: Passenger Vehicle, Commercial Vehicle, Electric Vehicle

Subsegments:
1) By Combining Motors: Synchronous Motors, Asynchronous Motors, Permanent Magnet Motors, Integrated Motor-Drive Units
2) By Power Electronics: Inverters, Controllers, DC-DC Converters, Power Distribution Units
3) By Transmission: Gear Reduction Systems, Differential Units, Single-Speed Transmission, Multi-Speed Transmission
4) By Other Components: Cooling Systems, Housing and Structural Components, Sensors, Software and Control Algorithms

Tailor your insights and customize the full report here:
https://www.thebusinessresearchcompany.com/customise?id=19671&type=smp

Who Are the Global Leaders in the Rear Electric Axle (E-Axle) Market?
Major companies operating in the rear electric axle (E-Axle) market are Robert Bosch GmbH, Hitachi Automotive Systems Ltd., Daimler Trucks LLC, Volvo Trucks Corporation, ZF Friedrichshafen AG, Continental AG, Magna International Inc., Aisin Seiki Co., Ltd., PACCAR Inc., Cummins Inc., Nidec Corporation, Schaeffler AG, BorgWarner Inc., Dana Incorporated, Benteler International AG, Linamar Corporation, American Axle & Manufacturing Holdings Inc., NTN Corporation, GKN Automotive Ltd., Meritor Inc., AVL List GmbH, Automotive Axles Limited, JTEKT Corporation, AxleTech, Talbros Engineering Limited, J.K. Fenner India Ltd., Brist Axle Systems Srl LLC

Which are the Top Profitable Regional Markets for the Rear Electric Axle (E-Axle) Industry?
Asia-Pacific was the largest region in the rear electric axle (E-axle) market in 2024. The regions covered in the rear electric axle (E-Axle) market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Purchase the full report today:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=19671

This Report Supports:
1. Business Leaders & Investors - To identify growth opportunities, assess risks, and guide strategic decisions.
2. Manufacturers & Suppliers - To understand market trends, customer demand, and competitive positioning.
3. Policy Makers & Regulators - To track industry developments and align regulatory frameworks.
4. Consultants & Analysts - To support market entry, expansion strategies, and client advisory work.

Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.

Contact Us
Europe: +44 7882 955267,
Asia: +91 88972 63534,
Americas: +1 310-496-7795 or
Email: mailto:info@tbrc.info

Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.

This release was published on openPR.