Global Driveline Systems For Electric Vehicle Market Size study & Forecast, by Architecture Type (Series, Parallel, Power Split ) by Transmission Type (Automatic Transmission, Dual-clutch Transmission, Electric-continuously Variable Transmission) by Motor

Global Driveline Systems For Electric Vehicle Market Size study & Forecast, by Architecture Type (Series, Parallel, Power Split ) by Transmission Type (Automatic Transmission, Dual-clutch Transmission, Electric-continuously Variable Transmission) by Motor Type (45-100 kW, 100-250 kW, >250 kW) by Vehicle Type (Hybrid Vehicles, Plug-in Hybrid Vehicles, Battery Electric Vehicles) by Drive Type (Front Wheel Drive (FWD), Rear Wheel Drive (RWD), All Wheel Drive (AWD)) and Regional Analysis, 2023-2030

Global Driveline Systems For Electric Vehicle Market is valued approximately USD xx billion in 2022 and is anticipated to grow with a healthy growth rate of more than xx% over the forecast period 2023-2030. Driveline Systems For Electric Vehicle refers to the components that transfer power from the electric motor to the wheels, such as the motor, controller, power electronics, and gearbox. These systems are critical for the operation of electric vehicles since they control the vehicle's performance, efficiency, and range. The Driveline Systems For Electric Vehicle market is expanding because of factors such as rising number of electric vehicles and growing rate of urbanization. As a result, the demand of Driveline Systems For Electric Vehicle has progressively increased in the international market during the forecast period 2023-2030.

Electric drivetrains require specialized engineering to maximize efficiency and performance. Driveline system manufacturers invest in research and development to create innovative solutions for electric vehicles, such as lightweight materials and advanced control systems, to meet the unique requirements of electric propulsion. According to Statista, the total number of electric bus registrations, in 2021 China accounts for 50,000 registrations followed by Europe with 4000 registrations and reached up to 54000 and 5000 registrations respectively in the year 2022. Furthermore, about 2.9 million new plug-in hybrid electric cars were sold worldwide in 2022. Plug-in hybrid electric vehicle sales accounted for around 28.4% of electric vehicle sales in 2022. Another important factor drives the Driveline Systems For Electric Vehicle market is increasing rate of urbanization. Urbanization often coincides with the rise of shared mobility services such as ride-hailing and car-sharing programs. These services are increasingly adopting electric vehicles due to their lower operating costs and environmental benefits. Driveline systems optimized for electric propulsion are essential for the success of these services, further driving demand in urban areas. In addition, as per Statista, the global urbanization rate was 57% in 2022. North America has the highest amount of urbanization, with more than four-fifths of the population living in cities. Moreover, technological advancement with driveline systems and supportive government initiatives towards electric vehicles are anticipated to create a lucrative growth opportunity for the market over the forecast period. However, high cost of driveline systems for electric vehicle and lack of technical expertise is going to impede overall market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global Driveline Systems For Electric Vehicle Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 owing to the growing focus on fuel efficiency and environmental concerns in the region. The increasing demand for electric vehicles has driven significant technological advancements in driveline systems. Manufacturers are continuously innovating to enhance the efficiency, performance, and range of electric vehicles. These advancements include improvements in battery technology, electric motors, power electronics, and drivetrain components, all of which contribute to the overall growth of driveline systems for electric vehicles. The region’s dominant performance is anticipated to propel the overall demand of Driveline Systems For Electric Vehicle. Furthermore, Asia Pacific is expected to grow fastest during the forecast period, owing to factors such as increasing number of Plug-in Hybrid Vehicles in the region.

Major market player included in this report are:
Robert Bosch GmbH
GKN Automotive Limited
Delphi Technologies
DENSO Corporation
Valeo Inc
Continental AG
Schaeffler Technologies AG & Co. KG
BorgWarner Inc
ZF Friedrichshafen AG
Toyota Motor Corporation

Recent Developments in the Market:
 In July 2023, ZF's Commercial Vehicle Solutions division demonstrated its commitment to a fully electrified future of mobility by introducing its latest eMobility kit. The product line now comprises all-electric central drives, axle drives, and eComponents, giving commercial vehicle manufacturers access to all of the critical technologies they need to electrify their vehicles. The integrated, modular e-driveline systems are suitable for light, medium, and heavy-duty trucks, and trailers, and they operate quietly and without emitting any pollutants. The AxTrax 2, AxTrax 2 dual, and the previously released CeTrax 2 dual electric central drives.

Global Driveline Systems For Electric Vehicle Market Report Scope:
 Historical Data – 2020 - 2021
 Base Year for Estimation – 2022
 Forecast period - 2023-2030
 Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
 Segments Covered - Architecture Type, Transmission Type, Motor Type, Vehicle Type, Drive Type, Region
 Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.

The detailed segments and sub-segment of the market are explained below:

by Architecture Type
Series
Parallel
Power Split

by Transmission Type
Automatic Transmission
Dual-clutch Transmission
Electric-continuously Variable Transmission

by Motor Type
45-100 kW
100-250 kW
>250 kW

by Vehicle Type
Hybrid Vehicles
Plug-in Hybrid Vehicles
Battery Electric Vehicles

by Drive Type
Front Wheel Drive (FWD)
Rear Wheel Drive (RWD)
All Wheel Drive (AWD)

By Region:

North America
U.S.
Canada

Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC

Latin America
Brazil
Mexico

Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

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