Dublin, Feb. 12, 2024 (GLOBE NEWSWIRE) -- The "Smart Electric Drive Market Report: Trends, Forecast and Competitive Analysis to 2030" report has been added to ResearchAndMarkets.com's offering.
The future of the global smart electric drive market looks promising with opportunities in the e-axle and e-wheel drive applications. The global smart electric drive market is expected to reach an estimated $8.6 billion by 2030 with a CAGR of 36.4% from 2024 to 2030. The major drivers for this market are growing demand for automotive electrification and rising demand for comfort and road safety.
The passenger car is expected to witness the highest growth over the forecast period due to growing demand of electric vehicle owing to various advantages, such as variety of models available, modern technology, and increased customer awareness. Within this market, e-axle is expected to witness the higher growth.
APAC is expected to witness highest growth over the forecast period due to rising population's disposable income, rapid urbanization, and presence of key ev manufacturer and consumer in the region.
Features of the Global Smart Electric Drive Market
- Market Size Estimates: Smart electric drive market size estimation in terms of value ($B).
- Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
- Segmentation Analysis: Smart electric drive market size by vehicle type, drive type, application, and region in terms of value ($B).
- Regional Analysis: Smart electric drive market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
- Growth Opportunities: Analysis of growth opportunities in different vehicle types, drive types, applications, and regions for the smart electric drive market.
- Strategic Analysis: This includes M&A, new product development, and competitive landscape of the smart electric drive market.
- Analysis of competitive intensity of the industry based on Porter's Five Forces model.
The study includes a forecast for the global smart electric drive by vehicle type, drive type, application, and region.
Smart Electric Drive Market by Vehicle Type
- Passenger Cars
- Commercial Vehicles
- 2-Wheelers
- Others
Smart Electric Drive Market by Drive Type
- Front Wheel Drive
- Rear Wheel Drive
- All Wheel Drive
Smart Electric Drive Market by Application
- E-Axle
- E-Wheel Drive
Smart Electric Drive Market by Region ]
- North America
- Europe
- Asia Pacific
- The Rest of the World
List of Smart Electric Drive Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain.
With these strategies smart electric drive companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base.
Some of the smart electric drive companies profiled in this report include-
- Nidec
- Aisin
- BorgWarner
- Bosch
- Hitachi
Key Topics Covered:
1. Executive Summary
2. Global Smart Electric Drive Market : Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Smart Electric Drive Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Smart Electric Drive Market by Vehicle Type
3.3.1: Passenger Cars
3.3.2: Commercial Vehicles
3.3.3: 2-Wheelers
3.3.4: Others
3.4: Global Smart Electric Drive Market by Drive Type
3.4.1: Front Wheel Drive
3.4.2: Rear Wheel Drive
3.4.3: All Wheel Drive
3.5: Global Smart Electric Drive Market by Application
3.5.1: E-Axle
3.5.2: E-Wheel Drive
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Smart Electric Drive Market by Region
4.2: North American Smart Electric Drive Market
4.3: European Smart Electric Drive Market
4.4: APAC Smart Electric Drive Market
4.5: ROW Smart Electric Drive Market
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter's Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.2: Emerging Trends in the Global Smart Electric Drive Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Smart Electric Drive Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Smart Electric Drive Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
- Nidec
- Aisin
- BorgWarner
- Bosch
- Hitachi
For more information about this report visit https://www.researchandmarkets.com/r/t5rq6j
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