Automotive Electric Drivetrain Components Market with COVID-19 Impact Analysis, By Drive Type (All-Wheel Drive, Front Wheel Drive, and Rear Wheel Drive), By Vehicle Type and By Region Size, Share & Forecast from 2022-2028
REPORT HIGHLIGHT
Automotive Electric Drivetrain Components Market was worth USD 80,608.1 million in 2021 and is expected to grow at a CAGR of 5.6% from 2022 to 2028.
The term Automotive Electric Drivetrain Components refers to a system composed of components such as drive shafts, axles, CV joints, U joints, wheels, and vehicle transmission that transfer power or torque to the vehicle's driving wheels in order to propel it forward. Driveshafts aid in the rotary movement of the wheels, U joints transmit power to the wheels at various angles, CV joints can bend in any direction, allowing the wheels to move at a constant velocity, and Axles deliver power from the final drive assembly to the wheels, and Transmissions transmit power from the engine to the drive shaft and the rear wheels.
Market Dynamics
The rise in popularity of engine downsizing for reducing fuel consumption, as well as the rise in demand for automated transmission among the worldwide population, are the principal factors driving the Automotive Electric Drivetrain Components market. Advances in technology, such as the development of combustion control for internal combustion engines, and the growing adoption of internal combustion engines, drive market expansion. Concerns about weather and adverse terrain raise the requirement for greater traction and high towing capacity, resulting in an increase in demand for the vehicle drivetrain. The implementation of stringent government laws emphasizing the reduction of carbon dioxide emissions, as well as manufacturers' preference for engine downsizing with the assistance of turbochargers as a result of these environmental regulatory norms, all have an impact on the market.
Furthermore, the main factors driving the Automotive Electric Drivetrain Components technology market include an increase in global sales of electric and hybrid vehicles, as well as an increase in demand for energy-efficient sources as an alternative to fuel.
Segmentation Analysis:
Automotive Electric Drivetrain Components Market is Segmented On The Basis Of Drive Type, Vehicle Type, and Region.
Based on Drive Type, The market is segmented into All-Wheel Drive, Front Wheel Drive, and Rear Wheel Drive.
The All-Wheel-Drive sector is expected to grow at the fastest rate over the projection period. The segment's expansion may be ascribed to elements such as AWD systems providing superior traction and control, as well as high power; AWD is standard equipment in most sports utility vehicles (SUVs). In conjunction with AWD, it has features such as stability control and anti-slip. Because of the reduced drag on the drivetrain, it also helps to reduce fuel consumption.
Based on Vehicle Type, The market is segmented into Heavy Commercial Vehicles, Light Commercial Vehicles, Passenger Car, and Electric Vehicle.
The Electric Vehicle sector is expected to expand considerably in volume and to have the greatest CAGR throughout the projection period. The causes can be attributed to tough emission standards, environmental concerns, and technological innovation.
Competitive Landscape:
Companies have been expanding their business innovative systems so that they can have an edge over their competitors.
For instance, In June 2021, Hyundai Motor Group employed BorgWarner's integrated drive module (iDM) for its power electric system, which will be utilized in the forthcoming A-segment electric car manufacturing, which is scheduled to commence in the middle of 2023. With its cutting-edge electric motor, gearbox, and integrated power electronics, BorgWarner's innovative iDM assists global manufacturers in their attempts to build cleaner and more efficient cars.
SCOPE OF THE REPORT
The scope of this report covers the market by its major segments, which include as follows:
GLOBAL AUTOMOTIVE ELECTRIC DRIVETRAIN COMPONENTS MARKET KEY PLAYERS
- Axletech International
- BorgWarner Inc.
- Continental Ag
- Dana Incorporated
- Gkn Plc
- Schaeffler Technologies Ag & Co. Kg
- Robert Bosch Gmbh
- Nidec Corporation
- Zf Friedrichshafen Ag
- Avl List Gmbh
GLOBAL AUTOMOTIVE ELECTRIC DRIVETRAIN COMPONENTS MARKET, BY DRIVE TYPE
- All-Wheel Drive
- Front Wheel Drive
- Rear Wheel Drive
GLOBAL AUTOMOTIVE ELECTRIC DRIVETRAIN COMPONENTS MARKET, BY VEHICLE TYPE
- Heavy Commercial Vehicles
- Light Commercial Vehicles
- Passenger Car
- Electric Vehicle
GLOBAL AUTOMOTIVE ELECTRIC DRIVETRAIN COMPONENTS MARKET, BY REGION
- North America
- The U.S.
- Canada
- Europe
- Germany
- France
- Italy
- Spain
- United Kingdom
- Rest of Europe
- Asia Pacific
- India
- China
- South Korea
- Japan
- Singapore
- Rest of APAC
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of LATAM
- The Middle East and Africa
- Saudi Arabia
- United Arab Emirates
- Rest of MEA
TABLE OF CONTENT
1. Automotive Electric Drivetrain Components Market Overview
1.1. Study Scope
2. Executive Summary
2.1. Market Snippet
2.1.1. Market Snippet by Drive Type
2.1.2. Market Snippet by Vehicle Type
2.1.3. Market Snippet by Region
2.2. Competitive Insights
3. Automotive Electric Drivetrain Components Key Market Trends
3.1. Market Drivers
3.1.1. Impact Analysis of Market Drivers
3.2. Market Restraints
3.2.1. Impact Analysis of Market Restraints
3.3. Market Opportunities
3.4. Market Future Trends
4. Automotive Electric Drivetrain Components Industry Study
4.1. Porter’s Five Forces Analysis
4.2. Marketing Strategy Analysis
4.3. Growth Prospect Mapping
4.4. Regulatory Framework Analysis
5. Automotive Electric Drivetrain Components Market: COVID-19 Impact Analysis
5.1. Pre-COVID-19 Impact Analysis
5.2. Post-COVID-19 Impact Analysis
5.2.1. Top Performing Segments
5.2.2. Marginal Growth Segments
5.2.3. Top Looser Segments
5.2.4. Marginal Loss Segments
6. Automotive Electric Drivetrain Components Market Landscape
6.1. Market Share Analysis, 2020
6.2. Key Innovators Analysis
6.3. Breakdown Data, by Key Manufacturer
6.3.1. Established Players’ Analysis
6.3.2. Emerging Players’ Analysis
7. Automotive Electric Drivetrain Components Market – By Drive Type
7.1. Overview
7.1.1. Segment Share Analysis, By Drive Type, 2021 & 2028 (%)
7.1.2. All-Wheel Drive
7.1.3. Front Wheel Drive
7.1.4. Rear Wheel Drive
8. Automotive Electric Drivetrain Components Market – By Vehicle Type
8.1. Overview
8.1.1. Segment Share Analysis, By Vehicle Type, 2021 & 2028 (%)
8.1.2. Heavy Commercial Vehicles
8.1.3. Light Commercial Vehicles
8.1.4. Passenger Car
8.1.5. Electric Vehicle
9. Automotive Electric Drivetrain Components Market– By Geography
9.1. Introduction
9.1.1. Segment Share Analysis, By Geography, 2021 & 2028 (%)
9.2. North America
9.2.1. Overview
9.2.2. Key Manufacturers in North America
9.2.3. North America Market Size and Forecast, By Country, 2017 - 2028 (US$ Million)
9.2.4. North America Market Size and Forecast, By Drive Type, 2017 - 2028 (US$ Million)
9.2.5. North America Market Size and Forecast, By Vehicle Type, 2017 - 2028 (US$ Million)
9.2.6. U.S.
9.2.6.1. Overview
9.2.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Million)
9.2.6.3. U.S. Market Size and Forecast, By Drive Type, 2017 - 2028 (US$ Million)
9.2.6.4. U.S. Market Size and Forecast, By Vehicle Type, 2017 - 2028 (US$ Million)
9.2.7. Canada
9.2.7.1. Overview
9.2.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Million)
1.1.1.1. Canada Market Size and Forecast, By Drive Type, 2017 - 2028 (US$ Million)
1.1.1.2. Canada Market Size and Forecast, By Vehicle Type, 2017 - 2028 (US$ Million)
9.3. Europe
9.3.1. Overview
9.3.2. Key Manufacturers in Europe
9.3.3. Europe Market Size and Forecast, By Country, 2017 - 2028 (US$ Million)
9.3.4. Europe Market Size and Forecast, By Drive Type, 2017 - 2028 (US$ Million)
9.3.5. Europe Market Size and Forecast, By Vehicle Type, 2017 - 2028 (US$ Million)
9.3.6. Germany
9.3.6.1. Overview
9.3.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Million)
9.3.6.3. Germany Market Size and Forecast, By Drive Type, 2017 - 2028 (US$ Million)
9.3.6.4. Germany Market Size and Forecast, By Vehicle Type, 2017 - 2028 (US$ Million)
9.3.7. Italy
9.3.7.1. Overview
9.3.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Million)
9.3.7.3. Italy Market Size and Forecast, By Drive Type, 2017 - 2028 (US$ Million)
9.3.7.4. Italy Market Size and Forecast, By Vehicle Type, 2017 - 2028 (US$ Million)
9.3.8. United Kingdom
9.3.8.1. Overview
9.3.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Million)
9.3.8.3. United Kingdom Market Size and Forecast, By Drive Type, 2017 - 2028 (US$ Million)
9.3.8.4. United Kingdom Market Size and Forecast, By Vehicle Type, 2017 - 2028 (US$ Million)
9.3.9. France
9.3.9.1. Overview
9.3.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Million)
9.3.9.3. France Market Size and Forecast, By Drive Type, 2017 - 2028 (US$ Million)
9.3.9.4. France Market Size and Forecast, By Vehicle Type, 2017 - 2028 (US$ Million)
9.3.10. Rest of Europe
9.3.10.1. Overview
9.3.10.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Million)
9.3.10.3. Rest of the Europe Market Size and Forecast, By Drive Type, 2017 - 2028 (US$ Million)
9.3.10.4. Rest of the Europe Market Size and Forecast, By Vehicle Type, 2017 - 2028 (US$ Million)
9.4. Asia Pacific (APAC)
9.4.1. Overview
9.4.2. Key Manufacturers in Asia Pacific
9.4.3. Asia Pacific Market Size and Forecast, By Country, 2017 - 2028 (US$ Million)
9.4.4. Asia Pacific Market Size and Forecast, By Drive Type, 2017 - 2028 (US$ Million)
9.4.5. Asia Pacific Market Size and Forecast, By Vehicle Type, 2017 - 2028 (US$ Million)
9.4.6. India
9.4.6.1. Overview
9.4.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Million)
9.4.6.3. India Market Size and Forecast, By Drive Type, 2017 - 2028 (US$ Million)
9.4.6.4. India Market Size and Forecast, By Vehicle Type, 2017 - 2028 (US$ Million)
9.4.7. China
9.4.7.1. Overview
9.4.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Million)
9.4.7.3. China Market Size and Forecast, By Drive Type, 2017 - 2028 (US$ Million)
9.4.7.4. China Market Size and Forecast, By Vehicle Type, 2017 - 2028 (US$ Million)
9.4.8. Japan
9.4.8.1. Overview
9.4.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Million)
9.4.8.3. Japan Market Size and Forecast, By Drive Type, 2017 - 2028 (US$ Million)
9.4.8.4. Japan Market Size and Forecast, By Vehicle Type, 2017 - 2028 (US$ Million)
9.4.9. South Korea
9.4.9.1. Overview
9.4.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Million)
9.4.9.3. South Korea Market Size and Forecast, By Drive Type, 2017 - 2028 (US$ Million)
9.4.9.4. South Korea Market Size and Forecast, By Vehicle Type, 2017 - 2028 (US$ Million)
9.4.10. Rest of APAC
9.4.10.1. Overview
9.4.10.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Million)
9.4.10.3. Rest of APAC Market Size and Forecast, By Drive Type, 2017 - 2028 (US$ Million)
9.4.10.4. Rest of APAC Market Size and Forecast, By Vehicle Type, 2017 - 2028 (US$ Million)
9.5. Latin America
9.5.1. Overview
9.5.2. Key Manufacturers in Latin America
9.5.3. Latin America Market Size and Forecast, By Country, 2017 - 2028 (US$ Million)
9.5.4. Latin America Market Size and Forecast, By Drive Type, 2017 - 2028 (US$ Million)
9.5.5. Latin America Market Size and Forecast, By Vehicle Type, 2017 - 2028 (US$ Million)
9.5.6. Brazil
9.5.6.1. Overview
9.5.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Million)
9.5.6.3. Brazil Market Size and Forecast, By Drive Type, 2017 - 2028 (US$ Million)
9.5.6.4. Brazil Market Size and Forecast, By Vehicle Type, 2017 - 2028 (US$ Million)
9.5.7. Mexico
9.5.7.1. Overview
9.5.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Million)
9.5.7.3. Mexico Market Size and Forecast, By Drive Type, 2017 - 2028 (US$ Million)
9.5.7.4. Mexico Market Size and Forecast, By Vehicle Type, 2017 - 2028 (US$ Million)
9.5.8. Argentina
9.5.8.1. Overview
9.5.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Million)
9.5.8.3. Argentina Market Size and Forecast, By Drive Type, 2017 - 2028 (US$ Million)
9.5.8.4. Argentina Market Size and Forecast, By Vehicle Type, 2017 - 2028 (US$ Million)
9.5.9. Rest of LATAM
9.5.9.1. Overview
9.5.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Million)
9.5.9.3. Rest of LATAM Market Size and Forecast, By Drive Type, 2017 - 2028 (US$ Million)
9.5.9.4. Rest of LATAM Market Size and Forecast, By Vehicle Type, 2017 - 2028 (US$ Million)
9.6. Middle East and Africa
9.6.1. Overview
9.6.2. Key Manufacturers in Middle East and Africa
9.6.3. Middle East and Africa Market Size and Forecast, By Country, 2017 - 2028 (US$ Million)
9.6.4. Middle East and Africa Market Size and Forecast, By Drive Type, 2017 - 2028 (US$ Million)
9.6.5. Middle East and Africa Market Size and Forecast, By Vehicle Type, 2017 - 2028 (US$ Million)
9.6.6. Saudi Arabia
9.6.6.1. Overview
9.6.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Million)
9.6.6.3. Saudi Arabia Market Size and Forecast, By Drive Type, 2017 - 2028 (US$ Million)
9.6.6.4. Saudi Arabia Market Size and Forecast, By Vehicle Type, 2017 - 2028 (US$ Million)
9.6.7. United Arab Emirates
9.6.7.1. Overview
9.6.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Million)
9.6.7.3. United Arab Emirates Market Size and Forecast, By Drive Type, 2017 - 2028 (US$ Million)
9.6.7.4. United Arab Emirates Market Size and Forecast, By Vehicle Type, 2017 - 2028 (US$ Million)
10. Key Vendor Analysis
10.1. Competitive Dashboard
10.2. Company Profiles
10.2.1. Axletech International
10.2.2. BorgWarner Inc.
10.2.3. Continental Ag
10.2.4. Dana Incorporated
10.2.5. Gkn Plc
10.2.6. Schaeffler Technologies Ag & Co. Kg
10.2.7. Robert Bosch Gmbh
10.2.8. Nidec Corporation
10.2.9. Zf Friedrichshafen Ag
10.2.10. Avl List Gmbh
11. 360 Degree Analyst View
12. Appendix
12.1. Research Methodology
12.2. References
12.3. Abbreviations
12.4. Disclaimer
12.5. Contact Us