Study papers on Driveline market and regional forecast. Driveline market players are ZF (Germany), Schaeffler (Germany), GKN (UK), BorgWarner (US), Robert Bosch (Germany), Delphi (UK), Denso (Japan), Hitachi (Japan), Valeo (France), AVL (Austria), and Continental (Germany).
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Download Brochure of Driveline Market spread across 160 pages, Profiling 10 Companies and Supported with 97 Tables and 52 Figures is now available at www.rnrmarketresearch.com/contacts…ple?rname=1340086
Driveline market for electric and hybrid vehicles is projected to grow from USD 18.14 billion in 2017 to USD 63.32 billion by 2025, at a CAGR of 16.92% CAGR. The market is projected to rise due to key reasons such as increasing demand for the electric and hybrid vehicle and advancement in driveline technologies such as E-CVT and E-axle.
On the other hand, the major factors hindering the growth of the driveline market for electric and hybrid vehicle are the high cost of electric and hybrid driveline as compared to the conventional driveline.
- Hybrid driveline Manufacturers or Suppliers
- Electric driveline Manufacturers or Suppliers
- Original Equipment Manufacturers (OEM)
- Raw Material Suppliers for Hybrid System Manufacturers
- Traders, Distributors, and Suppliers of Hybrid Systems/Components
- Regional Automobile Associations
- Component Manufacturers of Hybrid Systems/Components
Asia Oceania and North America are estimated to dominate the driveline market for the electric and hybrid vehicle during the forecast period.
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While Asia Oceania is estimated to be the fastest growing as well as the largest market, North America is estimated to be the second largest market during the forecast period. The high cost of hybrid and electric vehicles is a major challenge for OEMs.
However, governments of various countries in Asia Oceania offer incentives to increase the adoption of green technologies, which is expected to drive the demand for electric and hybrid driveline systems. The Chinese government is providing acquisition tax and excise tax exemption (depending on engine displacement and price) (USD 5,100 to USD 8,700).
Going forward, the increasing trend of electrification and hybridization will increase the demand for electric and hybrid drivelines in North America.
E-axles and differentials are used in the driveline as the end components to transmit the motor power to the wheels. E-axle helps in reducing the weight and improving the efficiency of electric vehicles.
However, it is a very advanced and expensive technology. Although the application of E-axles is at a nascent stage at present, E-axles are likely to gain the market share during the forecast period owing to their benefits associated with improving the range covered and noise reduction, among others.
The need for high power applications has contributed to the growing demand for48 V and more high powered architectures. All these higher voltage architecture technologies are likely to create a tremendous demand for E-axle systems in the future.
E-axles would have a huge impact on the future driveline market due to their benefits such as weight reduction and improving the efficiency of electric vehicles.
2 Driveline Market for Electric & Hybrid Vehicle: Market Ranking Analysis
3 Competitive Scenario
3.2 Supply Contracts
3.3 New Product Launches/Developments
3.4 Partnership/Joint Ventures
3.5 Mergers & Acquisitions
Report at www.rnrmarketresearch.com/contacts/?rname=1340086
The report covers the driveline market for electric and hybrid vehicles. It is broadly segmented by region (Asia Pacific, Europe, North America, and RoW), architecture type (series driveline, parallel driveline, power split driveline, and EV driveline), power electronics (inverter, converter, and power control unit), final drive (differential and E-axle), transmission (automatic transmission, dual clutch transmission, and E-CVT), motor output (45–100kW, 101–250kW, and >250kW), drive type (FWD, RWD, and AWD), and vehicle type (BEV, HEV, and PHEV).
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