Global Smart e-Drive Research Report By Drive type (Front Wheel Drive, Rear Wheel Drive And All Wheel Drive), By Electric Vehicle Type(BEV, HEV And PHEV), By Electrical Vehicle Type(Battery Electric Vehicles, Hybrid Electric Vehicles And Plug-In Hybrid Electric Vehicles), By Region – Forecast To 2023.
Global Smart e-Drive Market: Synopsis:
The key players profiled by Market Research Future (MRFR) that are operating in the global Smart e-Drive Market are ZF Friedrichshafen (Germany), Magnetic Systems Technology (Magtec) (the U.K.), ACTIA Group (France), Robert Bosch AG (Germany), SMR (India), BorgWarner (the U.S.), SIEMENS AG (Germany), AVL List Gmbh (Austria), GKN PLC (the U.K.), and ABM Greiffenberger (Germany).
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The detailed report published by Market Research Future (MRFR) projects that the global Smart e-Drive Market is marked to exhibit remarkable expansion at a CAGR of 14.72% during the forecast period of 2017-2023. It is anticipated to reach the valuation of USD 19.44 Bn by the end of the assessment period from USD 8.58 Bn in the year 2017. High demand for electric vehicles, increased production of automobiles in the rapidly expanding automotive industry and increased environmental concerns regarding the hazardous effects of vehicle emission are majorly propelling the growth of the global Smart e-Drive Market during the assessment period.
Global Smart e-Drive Market: Segmental Analysis
The global Smart e-Drive Market has been segmented on the basis of drive type, product, and electric vehicle type. Based on drive type, the global market for e-drive for automotive has been segmented into front wheel drive, rear wheel drive and all-wheel drive. The front wheel drive segment commands the major share of the global Smart e-Drive Market owing to the increased installation of batteries and motors in the front axle of automobiles since last few years. Based on product, the global market for e-drive for automotive has been segmented into power electronics, e-brake booster, battery, motor, and others. The battery segment commands the maximum share of the global Smart e-Drive Market and is marked to expand at a CAGR of 15.57% during the assessment period. Based on electric vehicle type, the global market for e-drive for automotive has been segmented into battery electric vehicles, hybrid electric vehicles, and plug-in electric vehicles. The hybrid electric vehicles segment commands the leading share of the global Smart e-Drive Market and is marked to expand at a CAGR of 15.35% during the forecast period.
Global Smart e-Drive Market: Regional Analysis
Geographically, the global Smart e-Drive Market has been segmented into major five major regions such as North America, Asia Pacific (APAC), Europe, Latin America, and the Middle East and Africa. The Asia Pacific region commands the maximum share of the global Smart e-Drive Market owing to the increased production of electric vehicles that are manufactured to be exported to the other parts of the world and availability of cheaper raw materials that are promoting the expansion of the automotive industry in the emerging economies of this region. Increased awareness of environmental sustainability and energy security and increasing demand for electric vehicles are majorly propelling the growth of the global Smart e-Drive Market in the North America region.
Global Smart e-Drive Market: Industry Updates
In November 2018, it has been announced by British Columbian government that it will introduce legislation, in 2019, which states that all new light-duty trucks and cars that will be sold by the year 2040, have to be zero-emission vehicles or electric.
In November 2018, Honda, a Japanese multinational conglomerate corporation, has launched its first all-electric car which will be available in the Chinese market.
In November 2018, it has been announced that the Electric Vehicles (Standardized Recharging) Bill has been passed in the U.K. Parliament which provides the option for standardized payment for vehicle connectors and charging.
Table Of Content:
TABLE 1 MARKET SYNOPSIS
TABLE 2 LIST OF ASSUMPTIONS
TABLE 3 GLOBAL E-DRIVE FOR AUTOMOTIVE MARKET, BY DRIVE TYPE, 2016-2023 (USD MILLION)
TABLE 4 GLOBAL E-DRIVE FOR AUTOMOTIVE MARKET, BY PRODUCT, 2016-2023 (USD MILLION)
TABLE 5 GLOBAL E-DRIVE FOR AUTOMOTIVE MARKET, BY ELECTRIC VEHICLE TYPE, 2016-2023 (USD MILLION)
TABLE 6 GLOBAL E-DRIVE FOR AUTOMOTIVE MARKET, BY REGION, 2016-2023 (USD MILLION)
TABLE 7 NORTH AMERICA: E-DRIVE FOR AUTOMOTIVE MARKET, BY COUNTRY, 2016-2023 (USD MILLION)
TABLE 8 NORTH AMERICA: E-DRIVE FOR AUTOMOTIVE MARKET, BY DRIVE TYPE, 2016-2023 (USD MILLION)
TABLE 9 NORTH AMERICA: E-DRIVE FOR AUTOMOTIVE MARKET, BY PRODUCT, 2016-2023 (USD MILLION)
Continued…
List of Tables:
FIGURE 1 GLOBAL E-DRIVE FOR AUTOMOTIVE MARKET: MARKET STRUCTURE
FIGURE 2 KEY TAKEAWAYS OF THE E-DRIVE FOR AUTOMOTIVE MARKET
FIGURE 3 KEY BUYING CRITERIA OF E-DRIVE FOR AUTOMOTIVE
FIGURE 4 NORTH AMERICA MARKET SIZE & MARKET SHARE BY COUNTRY (2017 VS 2023)
FIGURE 5 EUROPE MARKET SIZE & MARKET SHARE BY COUNTRY (2017 VS 2023)
FIGURE 6 ASIA-PACIFIC & MARKET SHARE BY COUNTRY (2017 VS 2023)
FIGURE 7 ROW MARKET SIZE & MARKET SHARE BY COUNTRY (2017 VS 2023)
FIGURE 8 RESEARCH PROCESS OF MRFR
Continued…
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