Global Smart Electric Drive Market was valued at USD 108.55 million in 2018 which is expected to reach USD 1568.33 million by 2030 at a CAGR 33.00%.
Smart electric drive is classified into e-axle and wheel drive on the basis of applications. Smart electric drives utilize battery as a power source. Increase in concerns including zero emission, and vehicle weight reduction, is expected to grow the global smart electric drive market growth. Also, rise in government initiatives expected to driven the growth of global smart electric drive market. Market Drivers
Alternative materials and overall weight reduction to open new avenues in electric vehicles technology is the key driving factor which is expected to boost the global smart electric drive market growth, Furthermore, adoption of advanced technologies in electric vehicles will have the positive impact on global smart electric drive market growth. Moreover, rise in demand for electric buses and truck in transportation industry to control accidents is expected to fuel the global smart electric drive industry. Additionally, integrated mobility solutions and ride hailing to have significant demand expected to drive the global smart electric drive market, in near future.
Global Smart Electric Drive Market has various challenging factors such as high cost of smart electric drive systems module, and maintaining and achieving optimum weight- to-power-ratio which are expected to hamper the growth of global smart electric drive industry.
Global Smart Electric Drive Market is segmented into component such as Power Electronics, E-Brake Booster, Inverter Unit, Electric Motor, and Battery, by drive type such as Rear Wheel Drive, Front Wheel Drive, and All Wheel Drive. Further, Global Smart Electric Drive Market is segmented into application such as Wheel Drive, and E-axle.
Also, Global Smart Electric Drive Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
Various key players are discussed in this report such as Infineon, Aisin Seiki, Hyundai Mobis, Hitachi, Borgwarner, Robert Bosch, Mahle, ZF Friedrichshafen, Schaeffler, Siemens, Continental, Magna,and GKN.
1. Executive Summary
1.1. Market Taxonomy
2. Global Smart Electric Drive Market Demand (in Value or Size in US$ Mn) Analysis and Forecast
3. Market Background
3.1. Forecast Factor
3.2. Market Dynamics
3.2.1. Drivers
3.2.2. Challenges
3.2.3. Trends
4. Global Smart Electric Drive Market Snapshot
5. Global Smart Electric Drive Market Analysis, By Component
5.1. Y-o-Y Growth Comparison, By Component
5.2. Global Smart Electric Drive Market Share Analysis, By Component
5.3. Global Smart Electric Drive Market Size and Forecast, By Component
5.3.1 Power Electronics
5.3.2 E-Brake Booster
5.3.3 Inverter Unit
5.3.4 Electric Motor
5.3.5 Battery
6. Global Smart Electric Drive Market Analysis, By Drive Type
6.1. Y-o-Y Growth Comparison, By Drive Type
6.2. Global Smart Electric Drive Market Share Analysis, By Drive Type
6.3. Global Smart Electric Drive Market Size and Forecast, By Drive Type
6.3.1 Rear Wheel Drive
6.3.2 Front Wheel Drive
6.3.3 All Wheel Drive
7. Global Smart Electric Drive Market Analysis, By Application
7.1. Y-o-Y Growth Comparison, By Application
7.2. Global Smart Electric Drive Market Share Analysis, By Application
7.3. Global Smart Electric Drive Market Size and Forecast, By Application
7.3.1 Wheel Drive
7.3.2 E-axle
8. Global Smart Electric Drive Market Analysis, By Region
8.1. Y-o-Y Growth Comparison, By Region
8.2. Global Smart Electric Drive Market Share Analysis, By Region
9. North America Smart Electric Drive Market Analysis and Forecast (2017-2030)
9.1 Introduction
9.2 North America Smart Electric Drive Market Analysis, By Component
9.3 North America Smart Electric Drive Market Analysis, By Drive Type
9.4 North America Smart Electric Drive Market Analysis, By Application
9.5 North America Smart Electric Drive Market Analysis, By Country
9.5.1USA
9.5.2 Canada
9.5.3 Mexico
10. Europe Smart Electric Drive Market Analysis and Forecast (2017-2030)
10.1 Introduction
10.2 Europe Smart Electric Drive Market Analysis, By Component
10.3 Europe Smart Electric Drive Market Analysis, By Drive Type
10.4 Europe Smart Electric Drive Market Analysis, By Application
10.5 Europe Smart Electric Drive Market Analysis, By Country
10.5 .1Germany
10.5 .2 France
10.5 .3 UK
10.5 .4 Rest of Europe
11. Asia Pacific Smart Electric Drive Market Analysis and Forecast (2017-2030)
11.1 Introduction
11.2 Asia Pacific Smart Electric Drive Market Analysis, By Component
11.3Asia Pacific Smart Electric Drive Market Analysis, By Drive Type
11.3Asia Pacific Smart Electric Drive Market Analysis, By Application
11.4 Asia Pacific Smart Electric Drive Market Analysis, By Country
11.4.1China
11.4.2 India
11.4.3 Japan
11.4.4 Rest of Asia Pacific
12. Latin America Smart Electric Drive Market Analysis and Forecast (2017-2030)
12.1 Introduction
12.2 Latin America Smart Electric Drive Market Analysis, By Component
12.3Latin America Smart Electric Drive Market Analysis, By Drive Type
12.4Latin America Smart Electric Drive Market Analysis, By Application
13. Middle East & Africa Smart Electric Drive Market Analysis and Forecast (2017-2030)
13.1 Introduction
13.2 Middle East & Africa Smart Electric Drive Market Analysis, By Component
13.3Middle East & Africa Smart Electric Drive Market Analysis, By Drive Type
13.4Middle East & Africa Smart Electric Drive Market Analysis, By Application
14. Competition Analysis
14.1 Competition Dashboard
14.2Market Share Analysis of Top Vendors
14.3 Key Development Strategies
15. Company Profiles
15.1 Infineon
15.1.1 Overview
15.1.2 Offerings
15.1.3 Key Financial
15.1.4 Business Segment & Geographic Overview
15.1.5 Key Market Developments
15.1.6 Key Strategies
15.2 Aisin Seiki
15.3 Hyundai Mobis
15.4 Hitachi
15.5 Borgwarner
15.6 Robert Bosch
15.7 Mahle
15.8 ZF Friedrichshafen
15.9 Schaeffler
15.10 Siemens
15.11 Continental
15.12 Magna
15.13 GKN
