Global E-Axle Market 2022-2026
Technavio has been monitoring the E-axle market and it is poised to grow by $23.53 bn during 2022-2026, accelerating at a CAGR of 30.74% during the forecast period. Our report on the E-axle market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the growing adoption of EVs, new product launches, and government initiatives promoting electric vehicles.
The E-axle market analysis includes type segment and geographic landscape.
Technavio's E-axle market is segmented as below:
By Type
- Passenger Cars
- Commercial Vehicles
By Geographical Landscape
- North America
- Europe
- APAC
- South America
- Middle East and Africa
This study identifies the increase in popularity of the e-axle system as one of the prime reasons driving the E-axle market growth during the next few years. Also, an increase in investments by vendors and an increase in M&A activities will lead to sizable demand in the market.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources through an analysis of key parameters. Our report on the E-axle market covers the following areas:
- E-axle market sizing
- E-axle market forecast
- E-axle market industry analysis
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading E-axle market vendors that include AVL List GmbH, BorgWarner Inc., BRIST Axle Systems Srl LLC, Cardone Industries Inc., Continental AG, Daimler Truck AG, Dana Inc., Dorman Products Inc., GKN Automotive Ltd., Hyundai Wia Corp., J.K. Fenner India Ltd., Linamar Corp., Magna International Inc., Meritor Inc., Nidec Corp., PACCAR Inc., Robert Bosch GmbH, Schaeffler AG, SONA BLW Precision Forgings Ltd., and ZF Friedrichshafen AG. Also, the E-axle market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.