Market Overview:
The global electric automobile transmission market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for electric vehicles, especially hybrid and plug-in hybrid electric vehicles. In addition, the increasing focus on reducing greenhouse gas emissions is also contributing to the growth of this market. The global electric automobile transmission market can be segmented by type into single-gear transmission and multi-gear transmission. The single-gear transmission segment is expected to account for a larger share of the market than the multi-gear transmission segment during the forecast period. This can be attributed to its lower cost and simpler design as compared to multi-gear transmissions.
Product Definition:
Electric Automobile Transmission is the system used to transmit power from the engine to the wheels of an electric vehicle. It is important because it allows electric vehicles to travel at highway speeds and compete with gasoline-powered cars.
Single-Gear Transmission:
Single-gear transmission is a type of electric automobile transmission, which uses only one gear to convert the engine's rotary motion to linear movement. Single-gear transmissions are usually used in cars with very low power output and high speeds. The simplicity of design offers better fuel economy and reduces the weight of the car, making it ideal for use in automobiles that are mass produced like trucks and buses.
Multi-Gear Transmission:
Multi-gear transmission is a type of automatic transmission used in electric automobiles that uses more than one gear to reduce the speed of the vehicle. It is mainly used because it offers better fuel economy and reduces engine loadings, which are some of the factors responsible for increasing carbon emissions. The system also helps in improving driving experience by reducing jerks and acceleration pulse as well as improves overall efficiency by shifting gears quickly without consuming much time in changing gears.
Application Insights:
The hybrid electric vehicles segment accounted for the largest revenue share of over 30% in 2017. The segment is projected to witness significant growth over the forecast period owing to rising demand for fuel efficient and environment friendly automobiles across various regions, including North America and Europe.
Battery electric vehicles are expected to be the fastest-growing application segment from 2018 to 2030 due largely on account of increasing government funding towards research & development in this sector. In addition, favorable regulations regarding emission standards are also anticipated to drive demand over the coming years.
Regional Insights Latin America and Asia Pacific regions together hold around 54% of global automotive production owing largely on account of low cost manufacturing bases coupled with a growing population that predominantly inhabits these regions is expected drive industry growth over the coming years.
Regional Analysis:
The 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 electric vehicles on account of rising initiatives taken by governments across various countries to reduce carbon emission and promote eco-friendly transportation options. Countries, such as China, Japan, South Korea, India are focusing on developing BEVs with higher range capabilities owing to their heavy traffic congestion problems. Moreover, these countries have a large number of manufacturers that cater to domestic as well as export markets with advanced technologies coupled with cost-effective products.
North America is projected to grow at a significant rate over the forecast period owing to increased government funding towards R&D activities pertaining battery electric vehicles (BEVs). In addition; growing emphasis on reducing greenhouse gas emissions through cleaner energy sources is anticipated favorably impact regional growth in near future.
Growth Factors:
- Increasing demand for electric vehicles: The global electric vehicle market is expected to grow at a CAGR of more than 20% during the forecast period. This would be primarily due to the increasing awareness about the benefits of electric vehicles over traditional gasoline-powered vehicles, such as lower emissions and fuel costs.
- Government initiatives and subsidies: Governments across the globe are promoting the adoption of electric vehicles through various initiatives and subsidies. For instance, in China, a subsidy of up to ,800 is offered on each new electric vehicle purchase. This would help in accelerating the growth of the electric vehicle market and also that of its associated components such as transmission systems.
- Technological advancements: The development of advanced technologies for Electric Automobile Transmission systems has been a key factor driving their growth globally. These technologies have helped reduce system weight and improve efficiency, thus resulting in increased demand from OEMs worldwide.
Scope Of The Report
Report Attributes
Report Details
Report Title
Electric Automobile Transmission Market Research Report
By Type
Single-Gear Transmission, Multi-Gear Transmission
By Application
Hybrid Electric Vehicles (HEVs), Plug-In Hybrid Electric Vehicles (PHEVs), Battery Electric Vehicles (BEVs)
By Companies
Aisin Seiki, BorgWarner, GETRAG Corporate, Jatco, GKN, ZF, Antonov, Ford, Chrysler, General Motors, Aisin Seiki, Renault S.A., Volkswagen, Honda
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
200
Number of Tables & Figures
140
Customization Available
Yes, the report can be customized as per your need.
Global Electric Automobile Transmission Market Report Segments:
The global Electric Automobile Transmission market is segmented on the basis of:
Types
Single-Gear Transmission, Multi-Gear Transmission
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
Hybrid Electric Vehicles (HEVs), Plug-In Hybrid Electric Vehicles (PHEVs), Battery Electric Vehicles (BEVs)
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:
- Aisin Seiki
- BorgWarner
- GETRAG Corporate
- Jatco
- GKN
- ZF
- Antonov
- Ford
- Chrysler
- General Motors
- Aisin Seiki
- Renault S.A.
- Volkswagen
- Honda
Highlights of The Electric Automobile Transmission 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:
- Single-Gear Transmission
- Multi-Gear Transmission
- By Application:
- Hybrid Electric Vehicles (HEVs)
- Plug-In Hybrid Electric Vehicles (PHEVs)
- Battery Electric Vehicles (BEVs)
- 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 Electric Automobile Transmission 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
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- 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?
Electric automobile transmission is a type of automatic transmission that uses electric power to shift gears.
Some of the key players operating in the electric automobile transmission market are Aisin Seiki, BorgWarner, GETRAG Corporate, Jatco, GKN, ZF, Antonov, Ford, Chrysler, General Motors, Aisin Seiki, Renault S.A., Volkswagen, Honda.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Electric Automobile Transmission 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 Electric Automobile Transmission Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Electric Automobile Transmission 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 Electric Automobile Transmission 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 Electric Automobile Transmission Market Size & Forecast, 2020-2028
4.5.1 Electric Automobile Transmission Market Size and Y-o-Y Growth
4.5.2 Electric Automobile Transmission Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Single-Gear Transmission
5.2.2 Multi-Gear Transmission
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Hybrid Electric Vehicles (HEVs)
6.2.2 Plug-In Hybrid Electric Vehicles (PHEVs)
6.2.3 Battery Electric Vehicles (BEVs)
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Electric Automobile Transmission 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 Electric Automobile Transmission 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Single-Gear Transmission
9.6.2 Multi-Gear Transmission
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 Market Size Forecast by Applications
9.10.1 Hybrid Electric Vehicles (HEVs)
9.10.2 Plug-In Hybrid Electric Vehicles (PHEVs)
9.10.3 Battery Electric Vehicles (BEVs)
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Single-Gear Transmission
10.6.2 Multi-Gear Transmission
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 Market Size Forecast by Applications
10.10.1 Hybrid Electric Vehicles (HEVs)
10.10.2 Plug-In Hybrid Electric Vehicles (PHEVs)
10.10.3 Battery Electric Vehicles (BEVs)
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Single-Gear Transmission
11.6.2 Multi-Gear Transmission
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 Market Size Forecast by Applications
11.10.1 Hybrid Electric Vehicles (HEVs)
11.10.2 Plug-In Hybrid Electric Vehicles (PHEVs)
11.10.3 Battery Electric Vehicles (BEVs)
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Single-Gear Transmission
12.6.2 Multi-Gear Transmission
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 Market Size Forecast by Applications
12.10.1 Hybrid Electric Vehicles (HEVs)
12.10.2 Plug-In Hybrid Electric Vehicles (PHEVs)
12.10.3 Battery Electric Vehicles (BEVs)
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Single-Gear Transmission
13.6.2 Multi-Gear Transmission
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) Market Size Forecast by Applications
13.10.1 Hybrid Electric Vehicles (HEVs)
13.10.2 Plug-In Hybrid Electric Vehicles (PHEVs)
13.10.3 Battery Electric Vehicles (BEVs)
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 Electric Automobile Transmission Market: Competitive Dashboard
14.2 Global Electric Automobile Transmission Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Aisin Seiki
14.3.2 BorgWarner
14.3.3 GETRAG Corporate
14.3.4 Jatco
14.3.5 GKN
14.3.6 ZF
14.3.7 Antonov
14.3.8 Ford
14.3.9 Chrysler
14.3.10 General Motors
14.3.11 Aisin Seiki
14.3.12 Renault S.A.
14.3.13 Volkswagen
14.3.14 Honda
