Global Electric and Hybrid Vehicles Driveline Strategic Business Report 2023: Progressive Growth in Electric Vehicles Sales Instigates Fast-Paced Expansion


Dublin, May 19, 2023 (GLOBE NEWSWIRE) -- The "Electric and Hybrid Vehicles Driveline - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

The global market for Electric and Hybrid Vehicles Driveline estimated at US$31 Billion in the year 2022, is projected to reach a revised size of US$95.3 Billion by 2030, growing at a CAGR of 15% over the analysis period 2022-2030.

Electronic Continuously Variable Transmission (E-CVT), one of the segments analyzed in the report, is projected to record a 14.7% CAGR and reach US$43.2 Billion by the end of the analysis period.

Taking into account the ongoing post pandemic recovery, growth in the Automatic Transmission (AT) segment is readjusted to a revised 15.1% CAGR for the next 8-year period.

The U.S. Market is Estimated at $8.5 Billion, While China is Forecast to Grow at 20.1% CAGR

The Electric and Hybrid Vehicles Driveline market in the U.S. is estimated at US$8.5 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$22.6 Billion by the year 2030 trailing a CAGR of 20.1% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 11.1% and 12.8% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 11.9% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$14.8 Billion by the year 2030.

Select Competitors (Total 46 Featured) -

  • BorgWarner, Inc.
  • Continental AG
  • Delphi Technologies
  • Denso Corporation
  • GKN PLC
  • Hitachi Ltd.
  • Robert Bosch GmbH
  • Schaeffler AG
  • Valeo SA
  • ZF Friedrichshafen AG

Key Attributes:

Report AttributeDetails
No. of Pages246
Forecast Period2022 - 2030
Estimated Market Value (USD) in 2022$31 Billion
Forecasted Market Value (USD) by 2030$95.3 Billion
Compound Annual Growth Rate15.1%
Regions CoveredGlobal

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • Influencer Market Insights
  • An Introduction to Electric & Hybrid Vehicles Driveline
  • Robust Growth Projected for Electric & Hybrid Vehicles Driveline Market
  • Electric and Hybrid Vehicles Driveline - Global Key Competitors Percentage Market Share in 2022 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
  • Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

  • Progressive Growth in Electric Vehicles Sales Instigates Fast-Paced Expansion in Electric & Hybrid Vehicles Driveline Market
  • Breakdown of Electric Vehicle Sales (in %) by Vehicle Type for the Years 2015, 2020, 2025 and 2030
  • Electric Vehicle Sales as a % of Total Vehicle Sales by Country for the Year 2018
  • Top 3 Markets by Total Electric Vehicle Sales for the Year 2018
  • Policies Bear Major Influence on EV Sales, Giving Impetus to Driveline Market Growth
  • Electric Vehicle Related Policies in Selected Regions
  • Substantial Cost Reductions in EV Ecosystem Encourage Driveline Market
  • Robust Spending on EV Charging Infrastructure Favors Driveline Market Expansion
  • Global Demand for Electric Vehicle Charging Energy in Billion kWH by Region for the Years 2020, 2025 and 2030
  • Active Involvement of Private Sector Augments Market Prospects
  • Technology Advancements and Innovations Bolster EV Drivetrain Market

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/nfojg6

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Global Market for Electric and Hybrid Vehicles Driveline

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