Market Overview:
The global smart e-drive 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 and hybrid vehicles. The market is segmented by type, application, and region. By type, the market is segmented into smart e-drive battery, smart e-drive electric motor, smart e-drive inverter unit,smart e-brake booster and power electronics. By application, the market is divided into E axle application and E wheel drive applications.
Product Definition:
A Smart e-Drive is an electric drivetrain that can automatically adjust power and torque to optimize performance and efficiency. It is important because it allows for improved fuel economy and emissions, as well as increased vehicle performance.
Smart e-Drive Battery:
Smart e-drive battery is a rechargeable battery that uses the stored energy from an electric motor to provide propulsion in an electric vehicle. It has several benefits over conventional batteries such as less weight, better efficiency, and longer life. The market for smart e-drive batteries is expected to witness significant growth owing to increasing government regulations on emission control and fuel economy along with rising environmental concerns regarding carbon emissions from fossil fuel usage.
Smart e-Drive Electric Motor:
The electric drive system is the part of vehicle engine control system which uses electrical energy generated by rechargeable battery packs. The e-drive systems are gaining popularity due to its ability to reduce fuel consumption and CO2 emissions. It has no physical connection with the power source, it works like a hybrid vehicle where gasoline engine runs on electricity from batteries.
Application Insights:
The electric e-axle application segment accounted for the largest market share in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to increasing demand for heavy commercial vehicles, such as trucks, in developing countries including China and India owing to growing manufacturing sectors. In addition, governments are investing heavily in promoting Electric Vehicles (EVs) due to rising environmental concerns regarding greenhouse gas emissions from conventional combustion engine vehicles. For instance, according to media reports published by CleanTechnica on November 30th 2018, Tesla has been granted a permit by Nevada Department of Motor Vehicles (DMV) that allows it operate its electric car-sharing service called Tesla Network across all cities and towns within the state without additional permits required by local authorities since December 1st 2018 until December 31st 2019.
Regional Analysis:
Europe accounted for the largest market share of more than 35% in 2017. The region is expected to dominate the global industry over the forecast period owing to growing adoption of electric vehicles and rising investments in R&D. Furthermore, countries such as Norway, which has a high penetration rate for hybrid electric vehicles (HVVs), is anticipated to boost regional growth over the forecast period.
Asia Pacific is projected to be one of the fastest-growing regions with a CAGR exceeding 10% from 2018 to 2030 due its increasing focus on developing smart cities and infrastructure for EVs. Countries such as China are investing heavily in EV infrastructure development by providing subsidies, tax cuts, free parking spaces etc., thereby boosting regional demand during future years.
Growth Factors:
- Increasing demand for electric vehicles: The global market for electric vehicles is expected to grow at a CAGR of more than 28% from 2016 to 2020. This will drive the demand for smart e-drives, as they are an essential component of electric vehicles.
- Government initiatives and subsidies: Governments across the globe are promoting the adoption of electric vehicles by providing incentives and subsidies. This will further boost the growth of the smart e-drive market.
- Development of advanced technologies: The development of advanced technologies, such as wireless charging and energy storage systems, is aiding in the growth of the smart e-drive market.
- Growing popularity of hybrid cars: Hybrid cars use both gasoline and electricity to power their engines, which makes them more efficient than traditional petrol or diesel cars. This is driving their popularity among consumers, thereby propellingthe growthofsmarte-drivesystemsinthehybridcarmarket segment .
Scope Of The Report
Report Attributes
Report Details
Report Title
Smart e-Drive Market Research Report
By Type
Smart e-Drive Battery, Smart e-Drive Electric Motor, Smart e-Drive Inverter Unit, Smart e-Drive E-Brake Booster, Smart e-Drive Power Electronics
By Application
E-Axle Application, E-Wheel Drive Application
By Companies
GKN, Magna, Continental, Siemens, Schaeffler, ZF Friedrichshafen, Mahle, Robert Bosch, Borgwarner, Hitachi, Hyundai Mobis, Aisin Seiki, Infineon
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
236
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Smart e-Drive Market Report Segments:
The global Smart e-Drive market is segmented on the basis of:
Types
Smart e-Drive Battery, Smart e-Drive Electric Motor, Smart e-Drive Inverter Unit, Smart e-Drive E-Brake Booster, Smart e-Drive Power Electronics
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
E-Axle Application, E-Wheel Drive Application
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:
- GKN
- Magna
- Continental
- Siemens
- Schaeffler
- ZF Friedrichshafen
- Mahle
- Robert Bosch
- Borgwarner
- Hitachi
- Hyundai Mobis
- Aisin Seiki
- Infineon
Highlights of The Smart e-Drive 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:
- Smart e-Drive Battery
- Smart e-Drive Electric Motor
- Smart e-Drive Inverter Unit
- Smart e-Drive E-Brake Booster
- Smart e-Drive Power Electronics
- By Application:
- E-Axle Application
- E-Wheel Drive Application
- 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 Smart e-Drive 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
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
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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?
Smart e-Drive is a new type of electric drive that uses software and sensors to manage the powertrain. It can improve fuel economy and reduce emissions by managing engine torque, braking, and acceleration.
Some of the major companies in the smart e-drive market are GKN, Magna, Continental, Siemens, Schaeffler, ZF Friedrichshafen, Mahle, Robert Bosch, Borgwarner, Hitachi, Hyundai Mobis, Aisin Seiki, Infineon.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Smart e-Drive Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Smart e-Drive Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Smart e-Drive Market - Supply Chain
4.5. Global Smart e-Drive Market Forecast
4.5.1. Smart e-Drive Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Smart e-Drive Market Size (000 Units) and Y-o-Y Growth
4.5.3. Smart e-Drive Market Absolute $ Opportunity
5. Global Smart e-Drive Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Smart e-Drive Market Size and Volume Forecast by Type
5.3.1. Smart e-Drive Battery
5.3.2. Smart e-Drive Electric Motor
5.3.3. Smart e-Drive Inverter Unit
5.3.4. Smart e-Drive E-Brake Booster
5.3.5. Smart e-Drive Power Electronics
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Smart e-Drive Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Smart e-Drive Market Size and Volume Forecast by Application
6.3.1. E-Axle Application
6.3.2. E-Wheel Drive Application
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Smart e-Drive Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Smart e-Drive Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Smart e-Drive Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Smart e-Drive Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Smart e-Drive Demand Share Forecast, 2019-2026
9. North America Smart e-Drive Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Smart e-Drive Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Smart e-Drive Market Size and Volume Forecast by Application
9.4.1. E-Axle Application
9.4.2. E-Wheel Drive Application
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Smart e-Drive Market Size and Volume Forecast by Type
9.7.1. Smart e-Drive Battery
9.7.2. Smart e-Drive Electric Motor
9.7.3. Smart e-Drive Inverter Unit
9.7.4. Smart e-Drive E-Brake Booster
9.7.5. Smart e-Drive Power Electronics
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Smart e-Drive Demand Share Forecast, 2019-2026
10. Latin America Smart e-Drive Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Smart e-Drive Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Smart e-Drive Market Size and Volume Forecast by Application
10.4.1. E-Axle Application
10.4.2. E-Wheel Drive Application
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Smart e-Drive Market Size and Volume Forecast by Type
10.7.1. Smart e-Drive Battery
10.7.2. Smart e-Drive Electric Motor
10.7.3. Smart e-Drive Inverter Unit
10.7.4. Smart e-Drive E-Brake Booster
10.7.5. Smart e-Drive Power Electronics
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Smart e-Drive Demand Share Forecast, 2019-2026
11. Europe Smart e-Drive Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Smart e-Drive Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Smart e-Drive Market Size and Volume Forecast by Application
11.4.1. E-Axle Application
11.4.2. E-Wheel Drive Application
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Smart e-Drive Market Size and Volume Forecast by Type
11.7.1. Smart e-Drive Battery
11.7.2. Smart e-Drive Electric Motor
11.7.3. Smart e-Drive Inverter Unit
11.7.4. Smart e-Drive E-Brake Booster
11.7.5. Smart e-Drive Power Electronics
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Smart e-Drive Demand Share, 2019-2026
12. Asia Pacific Smart e-Drive Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Smart e-Drive Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Smart e-Drive Market Size and Volume Forecast by Application
12.4.1. E-Axle Application
12.4.2. E-Wheel Drive Application
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Smart e-Drive Market Size and Volume Forecast by Type
12.7.1. Smart e-Drive Battery
12.7.2. Smart e-Drive Electric Motor
12.7.3. Smart e-Drive Inverter Unit
12.7.4. Smart e-Drive E-Brake Booster
12.7.5. Smart e-Drive Power Electronics
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Smart e-Drive Demand Share, 2019-2026
13. Middle East & Africa Smart e-Drive Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Smart e-Drive Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Smart e-Drive Market Size and Volume Forecast by Application
13.4.1. E-Axle Application
13.4.2. E-Wheel Drive Application
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Smart e-Drive Market Size and Volume Forecast by Type
13.7.1. Smart e-Drive Battery
13.7.2. Smart e-Drive Electric Motor
13.7.3. Smart e-Drive Inverter Unit
13.7.4. Smart e-Drive E-Brake Booster
13.7.5. Smart e-Drive Power Electronics
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Smart e-Drive Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Smart e-Drive Market: Market Share Analysis
14.2. Smart e-Drive Distributors and Customers
14.3. Smart e-Drive Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. GKN
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Magna
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Continental
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Siemens
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Schaeffler
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. ZF Friedrichshafen
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Mahle
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Robert Bosch
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Borgwarner
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Hitachi
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Hyundai Mobis
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Aisin Seiki
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Infineon
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
