Global Smart e-Drive Market Research Report- Forecast 2023

Text-only Preview

Report Information
More information from:
Global Smart e-Drive Market Research Report- Fore cast 2023
Report / Search Code: MRFR/AM/3751-HCRR Publish Date: June, 2018
Request Sample
Price 1-user PDF : $ 4450.0 Enterprise PDF : $ 6250.0
Global Smart e-Drive Market Information Report by Component
(Power Electronics, E-Brake Booster, Inverter, Motor, Battery),
by application (e-Axle, Wheel drive), by drive t ype (Front wheel
drive, Rear wheel drive, others), by battery type (Lithium-ion,
Nickel-based, Lead acid and S olid state battery) and By Region
- Forecast To 2023
Market Synopsis
The smart e-drive market is majorly driven by the high dem and for hybrid
and electric vehicle, and the introduction of stringent rules and
regulations by various governments. These governments plan to reduce
carbon emission by promoting the use of electric vehicles. The
government of various countries, all over the globe provide some kind of
tax benefits and incentives to the original equipment manufacturers of
electric vehicles, thereby driving the growth of the smart e-drive market.
Due to the rising con cerns regarding environmental pollution, m any
governments have implemented several regulations and policies to
reduce veh icle emission over the last few years. Global warming has
also been a major threat to the environment and human life. Moreover,
the emergence of eco-friendly vehicles, has also p layed a major role in
the increasing sales of smart e-drive.
However, the growth of this market is expected to be restrained by
factors such as lack of charging infrastructure, and the high cost of
technologies and components, which are being use d in the smart e-drive
The global smart e-drive market has seen remarkable growth in the
global market and its demand in future is expected to grow with the
CAGR of ~20%.
Based on applications, the global smart e-drive market has been
segmented as e-Axle and wheel drive. Among these, the e- axle segment
is expected to grow with the highest growth rate during the forec ast
period. The growth of this segment can be attribu ted to various factors
such as increasing focus on vehicle electrification, overall vehicle
efficiency in passenger cars and increase in fuel economy. The use of
electric drive axles reduces the interface and bearing, which in turn,
results in better performance, reduced noise and less use of energy.
Smart e-Drive Market Segmentation
Based on battery type, the smart e-drive market has been segmented as
Lithium-ion, nick el-based, lead acid and solid state battery; lead acid
battery ex pected to grow, significantly. over the forecast period. They
require low maintena nce and rechargeable batteries. This battery is the
most widely used battery type, because of its high power density and
ease of use. It comes in all shapes, voltages, amperages and sizes.
Lead acid batteries are widely accepted as they do not allow fo r the
addition or loss of liquid.
Geographically, th e global smart e -drive market has been divided into
four major regions of North A merica, Europe, Asia Pacific and Rest of
the World. Europe region is expected to dominate the global smart e-
drive market over the forecast period owing to factors such as
introduction of strict emiss ion control regulations by the government in
the region, the rapid advancements in the technology for batteries and
the boom in the demand for electric, plug in hybrid and hybrid vehicles in
the region. Also, the presence of a large number of electric vehicle
manufacturers in the regio n, is expected to spur the growth of the smart
e-drive market in the Europe region.
Key Players
The prominent players in the global smart e-drive market include
Siemens (Germany), Robert Bosch (Germany), Continental (Germany),
Aisin Seiki (Japan), Schaeffler (Germany), BorgWa rner (US), Infineon
(Germany), UQM Technologies (US), Efficient Drivetrains (US),
Shanghai Edrive (China) and SINOEV (US).
The report for global smart e-drive market of Market Resea rch Future
comprises of extensive primary research along with the detailed analysis
of qualitative as well a s quantitative aspects by various industry experts,
key opinion leaders to gain the de eper insight of the market and industry
performance. The report gives the clear picture of current market
scenario which inclu des historical and projected market size in terms of
value and volume, technological advancemen t, macro economical a nd
governing factors in the marke t. The report provides details information
and str ategies of the top key players in the industry. The report also
gives a broad study of the different market segments and regions.
Contents: Contents
Table of contents
1 Executive Summary
2 Scope of the Report
2.1 Market Definition
2.2 Scope of the Study
2.2.1 Definition
2.2.2 Research Objective
2.2.3 Assumptions
2.2.4 Limitations
2.3 Research Process
2.3.1 Primary Research
2.3.2 Secondary Research
2.4 Market size Estimation
2.5 Forecast Model
3 Market Landscape
3.1 Porter’s Five Forces Analysis
3.1.1 Threat of New Entrants
3.1.2 Bargaining power of buyers
3.1.3 Bargaining power of suppliers