An electric vehicle (EV) is powered by an alternate source of energy, not like fossil fuels such as petrol and diesel, it is powered by electricity.
Electric Powertrain Market size was valued at USD 71.86 billion in 2021 and is expected to grow at a CAGR of +33% from 2021 to 2027.
The electric vehicle powertrain includes electric motor, battery, and transmission that help to generate power which is used to move or drive the vehicle.
Electric vehicles powertrains integrated in the battery electric vehicles (BEV) that is an all-electric vehicle are 100% powered by the electric energy.
Powertrains used in the plug-in-hybrid electric vehicles (PHEVs) can be charged from electricity power supply board mounted on the wall whereas, powertrains integrated in hybrid-electric vehicles (HEVs) employ two or more types of fuels to supply power to these vehicles.
Bosch Limited, BorgWarner, Mitsubishi Electric Corp., Schaeffler AG, Magna International Inc., ZF Friedrichshafen AG, Nidec Corporation, Valeo, Continental AG, and Magneti Marelli Ck Holdings among others.
Increasing sales of electric vehicles owing to stringent government norms in various regions to curb the carbon footprint along with various environmental protection laws for automotive sector expected to drive the overall market growth of electric powertrain.
In the wake of same, governments of different regions also offer attractive incentives and policies to spur the adoption of electric and battery-powered vehicles in the region.
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The competitive hierarchy of global market has been provided by presenting the comparative study of global leading companies. An expert team of researcher’s profiles some of the leading key players operating in the global regions. Adoption of new technologies, platforms, and tools from the top-level industries are also elaborated with in-depth knowledge about it.
By Electric Vehicle
• Battery Electric Vehicle (BEV)
• Hybrid Electric Vehicle/Plug-in Hybrid Electric Vehicle (HEV/PHEV)
• Power Electronics Controller
• On-board Charger
Geographically, the global EV Powertrain market has been fragmented across the world into different regions such as North America, Latin America, Asia-Pacific, Middle East and Africa based on productivity.
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• North America (The United States, Canada, and Mexico)
• Europe (Germany, France, UK, Russia, and Italy)
• Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
• South America (Brazil, Argentina, Colombia, etc.)
• The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
Key benefits of the global market research report:
• It offers detailed analyses of the global EV Powertrain market condition
• It offers strategic planning methodologies
• Spotting emerging latest market trends
• Provides assistance to stay ahead in the global competition
• It offers an estimation of global market size and cost
• Stronger and stable business outlook coupled with the driving factors of the global EV Powertrain market
• Enhance the decision-making process by understanding different strategies with respect to market segments and business verticals.
• Tap new global clients as well as global opportunities
It also offers a comparative study of the global EV Powertrain market to understand the difference in performance among global competitors. Also, it represents how those competitors competing against each other’s to drive the businesses rapidly. This publication includes market segmentation such as applications, end-users, and geography. Researchers present informative data in a clear and professional manner. Historical growth rate, as well as forecasted rate, is also mentioned in the report.
It enlists top key drivers which are influencing on EV Powertrain market growth such as capital base, economies of scale and more on. Also, it sheds light on branding techniques, sales approaches, strategic vision, and technical advancements. Collectively, it gives more focus on market value at regional level, global level and company level.
Detailed TOC of Global EV Powertrain Market Research Report-
– EV Powertrain Market Introduction and Market Overview
– EV Powertrain Market, by Application
– EV Powertrain Market Industry Chain Analysis
– EV Powertrain Market, by Type
– Industry Manufacture, Consumption, Export, Import by Regions
– Industry Value ($) by Region
– Global EV Powertrain Market Status and SWOT Analysis by Regions
– Major Region of EV Powertrain Market
i) Global EV Powertrain Market Sales
ii) Global EV Powertrain Market Revenue & market share
– Major Companies List
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This release was published on openPR.