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The vehicle e-axle is an electromagnetic propulsion system comprised of axle constructions, an electric motor Commercial Vehicle, and transmission and units; it serves as a compact and cost-effective electric drive solution for battery Plugin Hybrid Electric Vehicle (PHEV) and hybrid applications.
Automotive E-axle Market Scope:
The report includes qualitative and quantitative analysis of the Automotive E-axle Market based on segmentation involving economic and non-economic factors. It also includes an in-depth analysis of the Automotive E-axle industry from various perspectives by employing Porter’s five forces analysis. The report provides insight into the Automotive E-axle Market through the value chain. The report offers historical data and forecasts revenue growth at country, regional and levels along with an analysis of the market trends in each of the sub-segments and regions. The competitive landscape in the report includes details by Automotive E-axle competitors including company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The bottom-up approach was used to estimate the and regional Automotive E-axle Market size.
Automotive E-axle Market Overview:
Stellar Market Research provides a comprehensive description of Automotive E-axle Market which helps to understand its feature in an optimized way. The projected statistics, significant advancements and income are all included in detail in the Automotive E-axle research paper.
Automotive E-axle Market Size was valued at USD 9.61 billion in 2021. The global Automotive e-axle Market size is estimated to grow at a CAGR of 31.1 % over the forecast period.
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Automotive E-axle Market Segmentation:
The Automobile e-axle Market is divided into two categories: passenger automobiles and commercial vehicles. Passenger cars have dominated the market, accounting for 42% of the total in 2021. The government's rising incentives and subsidies are credited to the segment's rise. Furthermore, the lower emissions from electric vehicles are one of the primary factors driving up passenger car sales. These are the variables that will drive the growth of this segment throughout the forecast period.
The Automobile e-axle Market is divided into three segments based on drive type: all-wheel drive (AWD), front-wheel drive (FWD), and rear-wheel drive (RWD). Front-wheel drive (FWD) has dominated the market, accounting for 41% in 2021. This is due to the unique characteristics of front-wheel drive, such as lesser weight, higher traction, and far cheaper cost and complexity in terms of design and setup. These are the variables that will drive the growth of this segment throughout the forecast period.
The Automobile e-axle Market is divided into two categories: battery electric vehicles (BEV) and plugin hybrid electric vehicles (PHEV). The battery electric vehicle sector is estimated to increase at a CAGR of 13.96% during the forecast period, accounting for 40% of the market in 2021. This is due to the unique characteristics supplied, such as improved efficiency, cheaper total ownership cost over time, and less maintenance than the plugin Hybrid electric vehicle (PHEV). These reasons are causing this segment to increase throughout the focal period.
Automotive E-axle Market Key Players:
Dena Limited (Ohio, U.S.)
Robert Bosch GmbH (Gerlingen, Germany)
GKN Automotive Limited (London, U.K.)
Nidec Corporation (Kyoto, Japan)
ZF Friedrichafen AG (Friedrichafen, Germany)
Continental AG (Hanover, Germany)
Schaeffler AG (Herzogenaurach, Germany)
AxleTech (Michigan. U.S)
Regional Analysis:
Each regional Automotive E-axle market sector is thoroughly investigated to determine its current and future growth prospects. This helps clients to grow their businesses. The Automotive E-axle market report covers all five regions and their country-wise distribution. Their market size and trends are also included in the Automotive E-axle report.
Key Questions answered in the Automotive E-axle Market Report are:
Key offerings:
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About Stellar Market Research
Established in 2018, Stellar Market Research is India Based consulting and advisory firm focused on helping clients to reach their business transformation objectives with advisory services and strategic business. The company’s vision is to be an integral part of the client’s business as a strategic knowledge partner. Stellar Market Research provides end-to-end solutions that go beyond key research technologies to help executives in any organization achieve their mission-critical goals. The company has clients from all across the globe, 23 % from India and others from Japan, Korea, Germany, United States, etc. The company uses its extensive industry knowledge, strong network, and know-how to provide complete insights that give clients a competitive advantage.
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