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Electric Powertrain Market Size, Share, Growth, Trends, Sales, Revenue and Forecast 2020-2027
The Electric Powertrain Market research report gives a complete analysis of valuable insights on key developments, industry analysis, the top winning strategies, drivers & opportunities, market estimations as well as size, top investment avenues, wavering industry trends, and competitive scenarios.
The analyst has been monitoring the global Electric Powertrain Market is expected to grow US$ 200 Bn by 2027 and is anticipated to grow with a healthy growth rate of more than 13.8% from 2020 to 2027.
Growth Factors
Increasing sales of electric vehicles that include pure and hybrid electric vehicles is an important factor that fuels the market growth. Governments of various regions have issued stringent emission norms that drive the sale for electric vehicles. Moreover, for mass adoption and domestic production of electric vehicles governments of different regions offer attractive incentives that anticipated to proliferate the market for electric powertrain globally.
Electric vehicles are the next generation vehicles and analyzed as the future of automotive market space as the fossil fuels are exhausting rapidly. Consequently, an alternative power source is required for the vehicles, thereby triggering the growth of battery-powered vehicles. In the wake of same, many countries have issued strict regulations for the adoption of alternate power to vehicles to curb the carbon emission and preserve fossil fuels for other applications.
In addition, technological innovation in the battery production technology has transformed electric vehicles into more competitive over conventional ICE vehicles. The cost associated to the batteries used in an electric vehicle has shrunk prominently due to optimization in the production process, economies of scale, and technology advancement. As the prices associated to the components and battery of EV are expected to decline over the analysis period, the vehicles would reach Total Cost Ownership (TCO) parity that would enable mass-market penetration of electric vehicles.
The Final Report will cover the impact analysis of COVID-19.
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Why should you invest in this report?
If you are aiming to enter the global Electric Powertrain market, this report is a comprehensive guide that provides crystal clear insights into this niche market. All the major application areas for Electric Powertrain are covered in this report and information is given on the important regions of the world where this market is likely to boom during the forecast period of 2020-2027, so that you can plan your strategies to enter this market accordingly.
Besides, through this report, you can have a complete grasp of the level of competition you will be facing in this hugely competitive market and if you are an established player in this market already, this report will help you gauge the strategies that your competitors have adopted to stay as market leaders in this market. For new entrants to this market, the voluminous data provided in this report is invaluable.
In order to compile the research report, in-depth interviews and discussions have been conducted with several key market participants and opinion leaders. Primary research represents a bulk of research efforts, supplemented by an extensive secondary research. Key players’ annual reports, press releases, and relevant documents have been reviewed for competition analysis and market understanding.
Secondary research also includes a search of recent trends, technical writing, Internet sources, and statistical data from government websites, trade associations, and agencies. This has proved to be a highly reliable, effective, and successful approach for obtaining precise market data, capturing market participants’ insights, and recognizing business opportunities.
Key Takeaways
- Comprehensive analysis of the Electric Powertrain market trends and shares from 2020 to 2027 at global and regional level to identify growth opportunities and analyze market developments
- Exhaustive analysis of price trends with respect to resin type and region that are expected to impact the outlook of this market
- Porters’ Five Forces analysis that highlights the bargaining power of buyers and suppliers to enable stakeholders to make profit-oriented business decisions
- Extensive market outlook of key geographic regions along with market drivers, inhibitors, current & future market trends, and emerging applications
- Comprehensive list of key potential clients across major end-use industries in different geographies
- Thorough import-export analysis of major polymers across the globe
- Regional level production output to comprehend the demand-supply scenario
- Competitive landscape covers key companies’ profiling, market share analysis, market footprint analysis, competitive business strategies, channels, and competition matrix for key players
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Company Profiles
Almost all major players of the global Electric Powertrain market is profiled in this report. The creators of the report have provided information about their recent developments in this market, products, revenue, production, business, and company.
Various players operating in the global Electric Powertrain markets are-
- Bosch Limited
- BorgWarner
- Mitsubishi Electric Corp.
- Schaeffler AG
- Magna International Inc.
- ZF Friedrichshafen AG
- Nidec Corporation
- Valeo
- Continental AG
- Magneti Marelli Ck Holdings
For a better understanding of the global Electric Powertrain market, analysts have segmented the market.
Market Segmentation:
Segments Covered in the Report
This research study comprises complete assessment of the market by means of far-reaching qualitative and quantitative perceptions, and predictions regarding the market. This report delivers classification of marketplace into impending and niche sectors. Further, this research study calculates market size and its development drift at global, regional, and country from 2016 to 2027. This report contains market breakdown and its revenue estimation by classifying it based on electric vehicle, component, and region:
By Electric Vehicle
- Battery Electric Vehicle (BEV)
- Hybrid Electric Vehicle/Plug-in Hybrid Electric Vehicle (HEV/PHEV)
By Component
- Battery
- Motor/Generator
- Power Electronics Controller
- Transmission
- Converter
- On-board Charger
Regional Segmentation:
(Regional Output, Demand & Forecast by Countries)
By Geography
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
The Final Report will cover the impact analysis of COVID-19.
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