Feb 2, 2022   SOURCE: BusinessWire

Worldwide E-Axle Industry to 2027 - Featuring Borgwarner, Continental and Robert Bosch Among Others - ResearchAndMarkets.com

The "E-Axle Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027" report has been added to ResearchAndMarkets.com's offering.

The global E-axle market reached a value of US$ 2.88 Billion in 2021. Looking forward, the publisher expects the market to reach US$ 9.42 Billion by 2027, exhibiting a CAGR of 21.49% during 2022-2027.

Companies Mentioned

  • AVL List GmbH
  • Axletech International (Meritor Inc)
  • Borgwarner Inc
  • Continental AG
  • Dana Incorporated
  • GKN Plc (Melrose Industries)
  • Nidec Corporation
  • Robert Bosch GmbH
  • Schaeffler Technologies AG & Co. KG
  • ZF Friedrichshafen AG (Zeppelin-Stiftung)

Keeping in mind the uncertainties of COVID-19, they are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor

An electric axle (e-axle) is an electro-mechanical propulsion system integrated into an axle structure of battery electric vehicles (BEVs) to deliver power for turning the wheels. It is manufactured using lightweight and high-strength metal like aluminum and includes bearings, shafts, pinions, and gearing components. It combines power electronics, electric motors, and transmission into a unified compact system, which reduces complexity and makes it possible to customize power, torque, and installation space according to end users' requirements. Presently, automotive original equipment manufacturers (OEMs) are relying on e-axle solutions to make optimum use of the internal volume of vehicles for extra battery capacity, passenger space, and other features

The increasing use of hybrid electric cars (HEVs), commercial vehicles, and trucks on account of rapid urbanization, inflating income levels, and expanding global trade represents one of the key factors impelling the market growth. This can also be attributed to the increasing awareness among individuals about the harmful effects of fossil fuel-based automobiles on human health and global climate. In line with this, governing agencies of numerous countries are banning the sales of fossil fuel passenger cars to reduce vehicle-based carbon dioxide (CO2) emissions.

This, in turn, is positively influencing the demand for e-axles across the globe as they assist in improving energy efficiency and noise, vibration, and harshness (NVH) performance. They also support high-performance scalability for a broad spectrum of applications for various types of vehicles. Apart from this, leading manufacturers are developing advanced products that are equipped with high-strength casings and can accommodate both high torque and input speeds. This is projected to drive the market in the coming years

Key Questions Answered in This Report:

  • How has the global E-axle market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the global E-axle market?
  • What are the key regional markets?
  • What is the breakup of the market based on the component type?
  • What is the breakup of the market based on the vehicle type?
  • What is the breakup of the market based on the drive type?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global E-axle market and who are the key players?
  • What is the degree of competition in the industry?

Key Topics Covered:

1 Preface

2 Scope and Methodology

3 Executive Summary

4 Introduction

4.1 Overview

4.2 Key Industry Trends

5 Global E-Axle Market

5.1 Market Overview

5.2 Market Performance

5.3 Impact of COVID-19

5.4 Market Forecast

6 Market Breakup by Component Type

7 Market Breakup by Vehicle Type

8 Market Breakup by Drive Type

9 Market Breakup by Region

10 SWOT Analysis

11 Value Chain Analysis

12 Porters Five Forces Analysis

13 Price Analysis

14 Competitive Landscape

14.1 Market Structure

14.2 Key Players

14.3 Profiles of Key Players

For more information about this report visit https://www.researchandmarkets.com/r/twz2nb