Global New Energy Vehicle Speed Reducer Market Research Report 2023(Status and Outlook)
Report Overview
A reducer for an electric vehicle is provided to reduce the volume of the reducer by transferring the power from an output shaft to a differential device. A reducer for an electric vehicle comprises a motor housing, a reducer housing, an input shaft, an output shaft, and a differential gear. A drive motor is installed in the motor housing. The reducer housing is assembled in one side of the motor housing. The input shaft is the central shaft of the drive motor. The output shaft is arranged in one top or one bottom of the input shaft and is connected to the input shaft through a reduction gear. The differential gear is arranged in one top or one bottom of the output shaft and is connected to the output shaft through a ring gear.
The EV speed reducer market is relative concentrated market; key players include Borgwarner, HOTA Industrial, SAGW, GKN, Tsingshan Industry, ZF, Bosch, Zhuzhou Gear, Aichi Machine Industry, Magna International, HYCET E-Chuang, Zhejiang Wanliyang; the revenue of top five manufacturers accounts about 62% of the total revenue in 2019. High end products mainly come from Europe and North America.
China is the largest consumption place as its fast growing electric vehicle industry, with a consumption market share about 52% in 2019. Following China, Europe is the second largest consumption place with the consumption market share is 26%.
The classification of EV Speed Reducer includes single Stage speed reducer and multi stage speed reducer. Generally, most EVs are equipping the single stage type, while multi stage type are mainly used in the PHEV.
The Global New Energy Vehicle Speed Reducer Market Size was estimated at USD 274.5 million in 2022 and is projected to reach USD 1279.88 million by 2029, exhibiting a CAGR of 24.60% during the forecast period.
Bosson Research’s latest report provides a deep insight into the global New Energy Vehicle Speed Reducer market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc.
The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global New Energy Vehicle Speed Reducer Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.
In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the New Energy Vehicle Speed Reducer market in any manner.
Global New Energy Vehicle Speed Reducer Market: Market Segmentation Analysis
The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.
Key Company
Borgwarner
HOTA Industrial
SAGW
GKN
Tsingshan Industry
ZF
Bosch
Zhuzhou Gear
Aichi Machine Industry
Magna International
HYCET E-Chuang
Zhejiang Wanliyang
Market Segmentation (by Type)
Single Stage Type
Multi Stage Type
Market Segmentation (by Application)
Prevention of Measles
Infectious Hepatitis
Primary Immunoglobulin Deficiency
Geographic Segmentation
North America (USA, Canada, Mexico)
Europe (Germany, UK, France, Russia, Italy, Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)
South America (Brazil, Argentina, Columbia, Rest of South America)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)
Key Benefits of This Market Research:
Industry drivers, restraints, and opportunities covered in the study
Neutral perspective on the market performance
Recent industry trends and developments
Competitive landscape & strategies of key players
Potential & niche segments and regions exhibiting promising growth covered
Historical, current, and projected market size, in terms of value
In-depth analysis of the New Energy Vehicle Speed Reducer Market
Overview of the regional outlook of the New Energy Vehicle Speed Reducer Market:
Key Reasons to Buy this Report:
Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change
This enables you to anticipate market changes to remain ahead of your competitors
- 1 Research Methodology and Statistical Scope
- 1.1 Market Definition and Statistical Scope of New Energy Vehicle Speed Reducer
- 1.2 Key Market Segments
- 1.2.1 New Energy Vehicle Speed Reducer Segment by Type
- 1.2.2 New Energy Vehicle Speed Reducer Segment by Application
- 1.3 Methodology & Sources of Information
- 1.3.1 Research Methodology
- 1.3.2 Research Process
- 1.3.3 Market Breakdown and Data Triangulation
- 1.3.4 Base Year
- 1.3.5 Report Assumptions & Caveats
- 1.4 Key Data of Global Auto Market
- 1.4.1 Global Automobile Production by Country
- 1.4.2 Global Automobile Production by Type
- 2 New Energy Vehicle Speed Reducer Market Overview
- 2.1 Global Market Overview
- 2.1.1 Global New Energy Vehicle Speed Reducer Market Size (M USD) Estimates and Forecasts (2018-2029)
- 2.1.2 Global New Energy Vehicle Speed Reducer Sales Estimates and Forecasts (2018-2029)
- 2.2 Market Segment Executive Summary
- 2.3 Global Market Size by Region
- 3 New Energy Vehicle Speed Reducer Market Competitive Landscape
- 3.1 Global New Energy Vehicle Speed Reducer Sales by Manufacturers (2018-2023)
- 3.2 Global New Energy Vehicle Speed Reducer Revenue Market Share by Manufacturers (2018-2023)
- 3.3 New Energy Vehicle Speed Reducer Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
- 3.4 Global New Energy Vehicle Speed Reducer Average Price by Manufacturers (2018-2023)
- 3.5 Manufacturers New Energy Vehicle Speed Reducer Sales Sites, Area Served, Product Type
- 3.6 New Energy Vehicle Speed Reducer Market Competitive Situation and Trends
- 3.6.1 New Energy Vehicle Speed Reducer Market Concentration Rate
- 3.6.2 Global 5 and 10 Largest New Energy Vehicle Speed Reducer Players Market Share by Revenue
- 3.6.3 Mergers & Acquisitions, Expansion
- 4 New Energy Vehicle Speed Reducer Industry Chain Analysis
- 4.1 New Energy Vehicle Speed Reducer Industry Chain Analysis
- 4.2 Market Overview of Key Raw Materials
- 4.3 Midstream Market Analysis
- 4.4 Downstream Customer Analysis
- 5 The Development and Dynamics of New Energy Vehicle Speed Reducer Market
- 5.1 Key Development Trends
- 5.2 Driving Factors
- 5.3 Market Challenges
- 5.4 Market Restraints
- 5.5 Industry News
- 5.5.1 New Product Developments
- 5.5.2 Mergers & Acquisitions
- 5.5.3 Expansions
- 5.5.4 Collaboration/Supply Contracts
- 5.6 Industry Policies
- 6 New Energy Vehicle Speed Reducer Market Segmentation by Type
- 6.1 Evaluation Matrix of Segment Market Development Potential (Type)
- 6.2 Global New Energy Vehicle Speed Reducer Sales Market Share by Type (2018-2023)
- 6.3 Global New Energy Vehicle Speed Reducer Market Size Market Share by Type (2018-2023)
- 6.4 Global New Energy Vehicle Speed Reducer Price by Type (2018-2023)
- 7 New Energy Vehicle Speed Reducer Market Segmentation by Application
- 7.1 Evaluation Matrix of Segment Market Development Potential (Application)
- 7.2 Global New Energy Vehicle Speed Reducer Market Sales by Application (2018-2023)
- 7.3 Global New Energy Vehicle Speed Reducer Market Size (M USD) by Application (2018-2023)
- 7.4 Global New Energy Vehicle Speed Reducer Sales Growth Rate by Application (2018-2023)
- 8 New Energy Vehicle Speed Reducer Market Segmentation by Region
- 8.1 Global New Energy Vehicle Speed Reducer Sales by Region
- 8.1.1 Global New Energy Vehicle Speed Reducer Sales by Region
- 8.1.2 Global New Energy Vehicle Speed Reducer Sales Market Share by Region
- 8.2 North America
- 8.2.1 North America New Energy Vehicle Speed Reducer Sales by Country
- 8.2.2 U.S.
- 8.2.3 Canada
- 8.2.4 Mexico
- 8.3 Europe
- 8.3.1 Europe New Energy Vehicle Speed Reducer Sales by Country
- 8.3.2 Germany
- 8.3.3 France
- 8.3.4 U.K.
- 8.3.5 Italy
- 8.3.6 Russia
- 8.4 Asia Pacific
- 8.4.1 Asia Pacific New Energy Vehicle Speed Reducer Sales by Region
- 8.4.2 China
- 8.4.3 Japan
- 8.4.4 South Korea
- 8.4.5 India
- 8.4.6 Southeast Asia
- 8.5 South America
- 8.5.1 South America New Energy Vehicle Speed Reducer Sales by Country
- 8.5.2 Brazil
- 8.5.3 Argentina
- 8.5.4 Columbia
- 8.6 Middle East and Africa
- 8.6.1 Middle East and Africa New Energy Vehicle Speed Reducer Sales by Region
- 8.6.2 Saudi Arabia
- 8.6.3 UAE
- 8.6.4 Egypt
- 8.6.5 Nigeria
- 8.6.6 South Africa
- 9 Key Companies Profile
- 9.1 Borgwarner
- 9.1.1 Borgwarner New Energy Vehicle Speed Reducer Basic Information
- 9.1.2 Borgwarner New Energy Vehicle Speed Reducer Product Overview
- 9.1.3 Borgwarner New Energy Vehicle Speed Reducer Product Market Performance
- 9.1.4 Borgwarner Business Overview
- 9.1.5 Borgwarner New Energy Vehicle Speed Reducer SWOT Analysis
- 9.1.6 Borgwarner Recent Developments
- 9.2 HOTA Industrial
- 9.2.1 HOTA Industrial New Energy Vehicle Speed Reducer Basic Information
- 9.2.2 HOTA Industrial New Energy Vehicle Speed Reducer Product Overview
- 9.2.3 HOTA Industrial New Energy Vehicle Speed Reducer Product Market Performance
- 9.2.4 HOTA Industrial Business Overview
- 9.2.5 HOTA Industrial New Energy Vehicle Speed Reducer SWOT Analysis
- 9.2.6 HOTA Industrial Recent Developments
- 9.3 SAGW
- 9.3.1 SAGW New Energy Vehicle Speed Reducer Basic Information
- 9.3.2 SAGW New Energy Vehicle Speed Reducer Product Overview
- 9.3.3 SAGW New Energy Vehicle Speed Reducer Product Market Performance
- 9.3.4 SAGW Business Overview
- 9.3.5 SAGW New Energy Vehicle Speed Reducer SWOT Analysis
- 9.3.6 SAGW Recent Developments
- 9.4 GKN
- 9.4.1 GKN New Energy Vehicle Speed Reducer Basic Information
- 9.4.2 GKN New Energy Vehicle Speed Reducer Product Overview
- 9.4.3 GKN New Energy Vehicle Speed Reducer Product Market Performance
- 9.4.4 GKN Business Overview
- 9.4.5 GKN New Energy Vehicle Speed Reducer SWOT Analysis
- 9.4.6 GKN Recent Developments
- 9.5 Tsingshan Industry
- 9.5.1 Tsingshan Industry New Energy Vehicle Speed Reducer Basic Information
- 9.5.2 Tsingshan Industry New Energy Vehicle Speed Reducer Product Overview
- 9.5.3 Tsingshan Industry New Energy Vehicle Speed Reducer Product Market Performance
- 9.5.4 Tsingshan Industry Business Overview
- 9.5.5 Tsingshan Industry New Energy Vehicle Speed Reducer SWOT Analysis
- 9.5.6 Tsingshan Industry Recent Developments
- 9.6 ZF
- 9.6.1 ZF New Energy Vehicle Speed Reducer Basic Information
- 9.6.2 ZF New Energy Vehicle Speed Reducer Product Overview
- 9.6.3 ZF New Energy Vehicle Speed Reducer Product Market Performance
- 9.6.4 ZF Business Overview
- 9.6.5 ZF Recent Developments
- 9.7 Bosch
- 9.7.1 Bosch New Energy Vehicle Speed Reducer Basic Information
- 9.7.2 Bosch New Energy Vehicle Speed Reducer Product Overview
- 9.7.3 Bosch New Energy Vehicle Speed Reducer Product Market Performance
- 9.7.4 Bosch Business Overview
- 9.7.5 Bosch Recent Developments
- 9.8 Zhuzhou Gear
- 9.8.1 Zhuzhou Gear New Energy Vehicle Speed Reducer Basic Information
- 9.8.2 Zhuzhou Gear New Energy Vehicle Speed Reducer Product Overview
- 9.8.3 Zhuzhou Gear New Energy Vehicle Speed Reducer Product Market Performance
- 9.8.4 Zhuzhou Gear Business Overview
- 9.8.5 Zhuzhou Gear Recent Developments
- 9.9 Aichi Machine Industry
- 9.9.1 Aichi Machine Industry New Energy Vehicle Speed Reducer Basic Information
- 9.9.2 Aichi Machine Industry New Energy Vehicle Speed Reducer Product Overview
- 9.9.3 Aichi Machine Industry New Energy Vehicle Speed Reducer Product Market Performance
- 9.9.4 Aichi Machine Industry Business Overview
- 9.9.5 Aichi Machine Industry Recent Developments
- 9.10 Magna International
- 9.10.1 Magna International New Energy Vehicle Speed Reducer Basic Information
- 9.10.2 Magna International New Energy Vehicle Speed Reducer Product Overview
- 9.10.3 Magna International New Energy Vehicle Speed Reducer Product Market Performance
- 9.10.4 Magna International Business Overview
- 9.10.5 Magna International Recent Developments
- 9.11 HYCET E-Chuang
- 9.11.1 HYCET E-Chuang New Energy Vehicle Speed Reducer Basic Information
- 9.11.2 HYCET E-Chuang New Energy Vehicle Speed Reducer Product Overview
- 9.11.3 HYCET E-Chuang New Energy Vehicle Speed Reducer Product Market Performance
- 9.11.4 HYCET E-Chuang Business Overview
- 9.11.5 HYCET E-Chuang Recent Developments
- 9.12 Zhejiang Wanliyang
- 9.12.1 Zhejiang Wanliyang New Energy Vehicle Speed Reducer Basic Information
- 9.12.2 Zhejiang Wanliyang New Energy Vehicle Speed Reducer Product Overview
- 9.12.3 Zhejiang Wanliyang New Energy Vehicle Speed Reducer Product Market Performance
- 9.12.4 Zhejiang Wanliyang Business Overview
- 9.12.5 Zhejiang Wanliyang Recent Developments
- 10 New Energy Vehicle Speed Reducer Market Forecast by Region
- 10.1 Global New Energy Vehicle Speed Reducer Market Size Forecast
- 10.2 Global New Energy Vehicle Speed Reducer Market Forecast by Region
- 10.2.1 North America Market Size Forecast by Country
- 10.2.2 Europe New Energy Vehicle Speed Reducer Market Size Forecast by Country
- 10.2.3 Asia Pacific New Energy Vehicle Speed Reducer Market Size Forecast by Region
- 10.2.4 South America New Energy Vehicle Speed Reducer Market Size Forecast by Country
- 10.2.5 Middle East and Africa Forecasted Consumption of New Energy Vehicle Speed Reducer by Country
- 11 Forecast Market by Type and by Application (2024-2029)
- 11.1 Global New Energy Vehicle Speed Reducer Market Forecast by Type (2024-2029)
- 11.1.1 Global Forecasted Sales of New Energy Vehicle Speed Reducer by Type (2024-2029)
- 11.1.2 Global New Energy Vehicle Speed Reducer Market Size Forecast by Type (2024-2029)
- 11.1.3 Global Forecasted Price of New Energy Vehicle Speed Reducer by Type (2024-2029)
- 11.2 Global New Energy Vehicle Speed Reducer Market Forecast by Application (2024-2029)
- 11.2.1 Global New Energy Vehicle Speed Reducer Sales (K Units) Forecast by Application
- 11.2.2 Global New Energy Vehicle Speed Reducer Market Size (M USD) Forecast by Application (2024-2029)
- 12 Conclusion and Key Findings
Research Assistance
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