Global EV Axle Supply, Demand and Key Producers, 2023-2029

Global EV Axle Supply, Demand and Key Producers, 2023-2029

The global EV Axle market size is expected to reach $ 9820.2 million by 2029, rising at a market growth of 12.9% CAGR during the forecast period (2023-2029).

In the global market, the major core players of Electric Vehicle Electric Drive Axle (EV Axle) are BYD, Nidec Corporation, GKN Automotive Limited and others. The top three players within this industry account for about 45% of the market share. North America, Europe, and Asia Pacific are the major manufacturing regions for this product, with North America accounting for around 15% of the global market share. The product is categorised on the basis of peak power into less than 100 kW peak power, 100 kW to 200 kW peak power, and more than 200 kW peak power. The products are widely used in passenger cars and commercial vehicles.

It is equivalent to the engine + gearbox of a traditional car. The powertrain of a pure electric vehicle consists of a motor, electronic control and reducer. It is generally called the "electric drive" system. It is the heart of the electric vehicle and is equivalent to the engine + gearbox in a traditional fuel vehicle. Its functions are to control the The conversion of chemical energy into vehicle kinetic energy is also the core component that determines vehicle power, energy consumption and other performance. Compared with the engine + gearbox, the electric drive system has the advantages of simple structure, small size, and can be started with load.

Electric vehicle eAxle is a mechatronic drive system designed for electric vehicles and is the core component of the electric vehicle power system. It integrates components such as motors, transmissions and electronic controls to provide power for electric vehicles.

This report studies the global EV Axle production, demand, key manufacturers, and key regions.

This report is a detailed and comprehensive analysis of the world market for EV Axle, and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2022 as the base year. This report explores demand trends and competition, as well as details the characteristics of EV Axle that contribute to its increasing demand across many markets.

Highlights and key features of the study

Global EV Axle total production and demand, 2018-2029, (K Units)

Global EV Axle total production value, 2018-2029, (USD Million)

Global EV Axle production by region & country, production, value, CAGR, 2018-2029, (USD Million) & (K Units)

Global EV Axle consumption by region & country, CAGR, 2018-2029 & (K Units)

U.S. VS China: EV Axle domestic production, consumption, key domestic manufacturers and share

Global EV Axle production by manufacturer, production, price, value and market share 2018-2023, (USD Million) & (K Units)

Global EV Axle production by Peak Output, production, value, CAGR, 2018-2029, (USD Million) & (K Units)

Global EV Axle production by Application production, value, CAGR, 2018-2029, (USD Million) & (K Units).

This reports profiles key players in the global EV Axle market based on the following parameters – company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include BYD, Nidec Corporation, GKN Automotive Limited, Vitesco Technologies, BorgWarner, UAES, Inovance, Leapmotor and Meritor, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World EV Axle market.

Detailed Segmentation:

Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (K Units) and average price (US$/Unit) by manufacturer, by Peak Output, and by Application. Data is given for the years 2018-2029 by year with 2022 as the base year, 2023 as the estimate year, and 2024-2029 as the forecast year.

Global EV Axle Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World

Global EV Axle Market, Segmentation by Peak Output
Peak Output below 100kW
Peak Output between 100kW and 200kW
Peak Output above 200kW

Global EV Axle Market, Segmentation by Application
Passenger Cars
Commercial Vehicles

Companies Profiled:
BYD
Nidec Corporation
GKN Automotive Limited
Vitesco Technologies
BorgWarner
UAES
Inovance
Leapmotor
Meritor
JJE
Aisin
Robert Bosch GmbH
ZF Friedrichshafen

Key Questions Answered

1. How big is the global EV Axle market?

2. What is the demand of the global EV Axle market?

3. What is the year over year growth of the global EV Axle market?

4. What is the production and production value of the global EV Axle market?

5. Who are the key producers in the global EV Axle market?