Market Overview:
The global automotive eAxle market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for electric vehicles (EVs) and hybrid electric vehicles (HEVs). The front wheel drive (FWD) segment is expected to dominate the global automotive eAxle market during the forecast period. However, the rear wheel drive (RWD) segment is projected to grow at a higher CAGR than other segments during the forecast period. Asia Pacific is expected to be fastest growing region in terms of revenue for automotive eAxles during 2018-2030.
Product Definition:
An automotive eAxle is a single, electrically powered axle that can provide power to one or more wheels. It is an important component in electric and hybrid vehicles, as it allows the vehicle to use a smaller and lighter battery pack while still providing the necessary power for performance.
Front Wheel Drive (FWD):
The front wheel drive (FWD) is a type of automotive eAxle system in which the power generated by the engine is transferred to rear wheels through differential locks. The FWD systems are used in passenger cars, SUVs and trucks that have four or more wheels. In case of two wheeler vehicles, it’s known as rear wheel drive (RWD).
In an FWD vehicle, both the axles contribute equally towards propulsion.
Rear Wheel Drive (RWD):
Rear wheel drive (RWD) is a type of automotive eAxle system in which the driving force that provides power to the rear wheels comes from the engine-driven propeller shaft. The RWD systems have better traction and more power transmission than front wheel drive (FWD).
The RWD systems are generally used for passenger cars, SUVs, and luxury vehicles.
Application Insights:
The battery electric vehicle segment dominated the global automotive eAxle market in terms of revenue share in 2017. The segment is projected to expand at a CAGR of XX% from 2018 to 2030 owing to various government initiatives such as zero emission vehicle mandate and subsidies offered by various governments on the purchase of electric vehicles. For instance, in December 2016, U.K.-based subsidies provider Low Carbon Vehicle Partnership (LCVP) announced funding support for more than 1,000 all-electric and hybrid electric vehicles up to 2020 due to be purchased by consumers across the country.
Furthermore, companies such as Daimler have also developed an all-wheel drive system that can work with both rear-wheel drive.
Regional Analysis:
Asia Pacific accounted for the largest market share in 2017 and is expected to continue its dominance over the forecast period. The region has been witnessing increasing demand for passenger vehicles, owing to rapid urbanization and growing disposable income of consumers. China is one of the key markets in this region as it manufactures most of its vehicles within its own country. India also contributes significantly towards regional growth as it imports around 90% components required while manufacturing cars.
North America was valued at USD X million in 2017 and is anticipated to witness significant growth over the forecast period owing to rising R&D investments by various companies along with favorable government policies regarding automotive industry development across U.S., Mexico, Canada and other countries within North America region are anticipated to boost sales volume over next eight years from 2018 till 2030 time frame). Europe also contributed significantly towards global market share due high consumption volumes attained by Germany along with other European countries such as France, Italy etc.
Growth Factors:
- Increasing demand for electric and hybrid vehicles: The automotive eAxle market is expected to grow significantly in the coming years owing to the increasing demand for electric and hybrid vehicles. This is mainly because of the rising concerns over environmental pollution and global warming.
- Technological advancements: The automotive eAxle market is witnessing rapid technological advancements, which is resulting in the development of more efficient and advanced products. This is likely to boost the growth of this market in the near future.
- Rising awareness about fuel efficiency: There has been a significant rise in awareness about fuel efficiency among consumers in recent years, which has led to an increase in demand for energy-efficient vehicles, including those equipped with automotive eAxles.
- Growing popularity of luxury cars: The popularity of luxury cars is growing rapidly across the globe, especially among high-income consumers who are willing to pay a premium for features such as better performance and fuel efficiency. This is likely to create lucrative opportunities for players operating in the automotive eAxle market over the next few years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Automotive eAxle Market Research Report
By Type
Front Wheel Drive (FWD), Rear Wheel Drive (RWD), All-Wheel Drive (AWD)
By Application
Battery Electric Vehicle, Hybrid Electric Vehicle, Plug-in Hybrid Electric Vehicle
By Companies
AxleTech, Continental AG, Dana Incorporated, GKN Automotive Limited (GKN plc.), Linamar Corporation, Magna International, Nidec Corporation, Robert Bosch GmbH, Schaeffler AG, ZF Friedrichshafen, AxleTech
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
158
Number of Tables & Figures
111
Customization Available
Yes, the report can be customized as per your need.
Global Automotive eAxle Market Report Segments:
The global Automotive eAxle market is segmented on the basis of:
Types
Front Wheel Drive (FWD), Rear Wheel Drive (RWD), All-Wheel Drive (AWD)
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Battery Electric Vehicle, Hybrid Electric Vehicle, Plug-in Hybrid Electric Vehicle
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- AxleTech
- Continental AG
- Dana Incorporated
- GKN Automotive Limited (GKN plc.)
- Linamar Corporation
- Magna International
- Nidec Corporation
- Robert Bosch GmbH
- Schaeffler AG
- ZF Friedrichshafen
- AxleTech
Highlights of The Automotive eAxle Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Front Wheel Drive (FWD)
- Rear Wheel Drive (RWD)
- All-Wheel Drive (AWD)
- By Application:
- Battery Electric Vehicle
- Hybrid Electric Vehicle
- Plug-in Hybrid Electric Vehicle
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Automotive eAxle Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Automotive eAxle is a modular system that provides an interface between electric vehicles and the infrastructure. It consists of a range of components, including batteries, chargers, sensors and controllers.
Some of the key players operating in the automotive eaxle market are AxleTech, Continental AG, Dana Incorporated, GKN Automotive Limited (GKN plc.), Linamar Corporation, Magna International, Nidec Corporation, Robert Bosch GmbH, Schaeffler AG, ZF Friedrichshafen, AxleTech.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Automotive eAxle Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Automotive eAxle Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Automotive eAxle Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Automotive eAxle Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Automotive eAxle Market Size & Forecast, 2018-2028
4.5.1 Automotive eAxle Market Size and Y-o-Y Growth
4.5.2 Automotive eAxle Market Absolute $ Opportunity
Chapter 5 Global Automotive eAxle Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Automotive eAxle Market Size Forecast by Type
5.2.1 Front Wheel Drive (FWD)
5.2.2 Rear Wheel Drive (RWD)
5.2.3 All-Wheel Drive (AWD)
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Automotive eAxle Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Automotive eAxle Market Size Forecast by Applications
6.2.1 Battery Electric Vehicle
6.2.2 Hybrid Electric Vehicle
6.2.3 Plug-in Hybrid Electric Vehicle
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Automotive eAxle Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Automotive eAxle Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Automotive eAxle Analysis and Forecast
9.1 Introduction
9.2 North America Automotive eAxle Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Automotive eAxle Market Size Forecast by Type
9.6.1 Front Wheel Drive (FWD)
9.6.2 Rear Wheel Drive (RWD)
9.6.3 All-Wheel Drive (AWD)
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Automotive eAxle Market Size Forecast by Applications
9.10.1 Battery Electric Vehicle
9.10.2 Hybrid Electric Vehicle
9.10.3 Plug-in Hybrid Electric Vehicle
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Automotive eAxle Analysis and Forecast
10.1 Introduction
10.2 Europe Automotive eAxle Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Automotive eAxle Market Size Forecast by Type
10.6.1 Front Wheel Drive (FWD)
10.6.2 Rear Wheel Drive (RWD)
10.6.3 All-Wheel Drive (AWD)
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Automotive eAxle Market Size Forecast by Applications
10.10.1 Battery Electric Vehicle
10.10.2 Hybrid Electric Vehicle
10.10.3 Plug-in Hybrid Electric Vehicle
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Automotive eAxle Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Automotive eAxle Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Automotive eAxle Market Size Forecast by Type
11.6.1 Front Wheel Drive (FWD)
11.6.2 Rear Wheel Drive (RWD)
11.6.3 All-Wheel Drive (AWD)
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Automotive eAxle Market Size Forecast by Applications
11.10.1 Battery Electric Vehicle
11.10.2 Hybrid Electric Vehicle
11.10.3 Plug-in Hybrid Electric Vehicle
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Automotive eAxle Analysis and Forecast
12.1 Introduction
12.2 Latin America Automotive eAxle Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Automotive eAxle Market Size Forecast by Type
12.6.1 Front Wheel Drive (FWD)
12.6.2 Rear Wheel Drive (RWD)
12.6.3 All-Wheel Drive (AWD)
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Automotive eAxle Market Size Forecast by Applications
12.10.1 Battery Electric Vehicle
12.10.2 Hybrid Electric Vehicle
12.10.3 Plug-in Hybrid Electric Vehicle
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Automotive eAxle Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Automotive eAxle Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Automotive eAxle Market Size Forecast by Type
13.6.1 Front Wheel Drive (FWD)
13.6.2 Rear Wheel Drive (RWD)
13.6.3 All-Wheel Drive (AWD)
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Automotive eAxle Market Size Forecast by Applications
13.10.1 Battery Electric Vehicle
13.10.2 Hybrid Electric Vehicle
13.10.3 Plug-in Hybrid Electric Vehicle
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Automotive eAxle Market: Competitive Dashboard
14.2 Global Automotive eAxle Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 AxleTech
14.3.2 Continental AG
14.3.3 Dana Incorporated
14.3.4 GKN Automotive Limited (GKN plc.)
14.3.5 Linamar Corporation
14.3.6 Magna International
14.3.7 Nidec Corporation
14.3.8 Robert Bosch GmbH
14.3.9 Schaeffler AG
14.3.10 ZF Friedrichshafen
14.3.11 AxleTech
