Global Electric Vehicle Transmission System Market 2023-2027

Global Electric Vehicle Transmission System Market 2023-2027

Technavio has been monitoring the electric vehicle transmission system market and is forecast to grow by $24604.48 mn during 2022-2027, accelerating at a CAGR of 25.84% during the forecast period. Our report on the electric vehicle transmission system 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 market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing demand for BEVs, reduction in battery pack prices, and adoption of multi-speed transmission.

Technavio's electric vehicle transmission system market is segmented as below:

By Type

  • Single-speed transmission
  • Multi-speed transmission
By Application
  • Battery electric vehicle (BEV)
  • Plug-in hybrid electric vehicle (PHEV)
  • Fuel cell electric vehicle (FCEV)
By Geographical Landscape
  • APAC
  • Europe
  • North America
  • South America
  • Middle East and Africa
This study identifies the increase in popularity of e-axle systems as one of the prime reasons driving the electric vehicle transmission system market growth during the next few years. Also, rapid development of electrified luxury vehicles and use of lightweight transmission design 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 by an analysis of key parameters. Our report on the electric vehicle transmission system market covers the following areas:
  • Electric vehicle transmission system market sizing
  • Electric vehicle transmission system market forecast
  • Electric vehicle transmission system 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 electric vehicle transmission system market vendors that include Aisin Corp., Allison Transmission Holdings Inc., AVL List GmbH, BorgWarner Inc., Divgi TorqTransfer Systems, Eaton Corp. Plc, GKN Automotive Ltd., Hewland Engineering Ltd., Hitachi Ltd., JATCO Ltd., Magna International Inc., Magnetic Systems Technology, Marposs Spa, Mitsubishi Electric Corp., OC Oerlikon Corp. AG, Ricardo Plc, Robert Bosch GmbH, Schaeffler AG, Xtrac Ltd., and ZF Friedrichshafen AG. Also, the electric vehicle transmission system 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.


  • Executive Summary
    • Market overview
      • Table Executive Summary – Chart on Market Overview
      • Table Executive Summary – Data Table on Market Overview
      • Table Executive Summary – Chart on Global Market Characteristics
      • Table Executive Summary – Chart on Market by Geography
      • Table Executive Summary – Chart on Market Segmentation by Type
      • Table Executive Summary – Chart on Market Segmentation by Application
      • Table Executive Summary – Chart on Incremental Growth
      • Table Executive Summary – Data Table on Incremental Growth
      • Table Executive Summary – Chart on Vendor Market Positioning
  • Market Landscape
    • Market ecosystem
      • Table Parent market
      • Table Market Characteristics
  • Market Sizing
    • Market definition
      • Table Offerings of vendors included in the market definition
    • Market segment analysis
      • Table Market segments
    • Market size 2022
    • Market outlook: Forecast for 2022-2027
      • Table Chart on Global - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on Global - Market size and forecast 2022-2027 ($ million)
      • Table Chart on Global Market: Year-over-year growth 2022-2027 (%)
      • Table Data Table on Global Market: Year-over-year growth 2022-2027 (%)
  • Historic Market Size
    • Global electric vehicle transmission system market 2017 - 2021
      • Table Historic Market Size – Data Table on Global electric vehicle transmission system market 2017 - 2021 ($ million)
    • Type Segment Analysis 2017 - 2021
      • Table Historic Market Size – Type Segment 2017 - 2021 ($ million)
    • Application Segment Analysis 2017 - 2021
      • Table Historic Market Size – Application Segment 2017 - 2021 ($ million)
    • Geography Segment Analysis 2017 - 2021
      • Table Historic Market Size – Geography Segment 2017 - 2021 ($ million)
    • Country Segment Analysis 2017 - 2021
      • Table Historic Market Size – Country Segment 2017 - 2021 ($ million)
  • Five Forces Analysis
    • Five forces summary
      • Table Five forces analysis - Comparison between 2022 and 2027
    • Bargaining power of buyers
      • Table Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers – Impact of key factors in 2022 and 2027
    • Threat of new entrants
      • Table Threat of new entrants – Impact of key factors in 2022 and 2027
    • Threat of substitutes
      • Table Threat of substitutes – Impact of key factors in 2022 and 2027
    • Threat of rivalry
      • Table Threat of rivalry – Impact of key factors in 2022 and 2027
    • Market condition
      • Table Chart on Market condition - Five forces 2022 and 2027
  • Market Segmentation by Type
    • Market segments
      • Table Chart on Type - Market share 2022-2027 (%)
      • Table Data Table on Type - Market share 2022-2027 (%)
    • Comparison by Type
      • Table Chart on Comparison by Type
      • Table Data Table on Comparison by Type
    • Single-speed transmission - Market size and forecast 2022-2027
      • Table Chart on Single-speed transmission - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on Single-speed transmission - Market size and forecast 2022-2027 ($ million)
      • Table Chart on Single-speed transmission - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Single-speed transmission - Year-over-year growth 2022-2027 (%)
    • Multi-speed transmission - Market size and forecast 2022-2027
      • Table Chart on Multi-speed transmission - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on Multi-speed transmission - Market size and forecast 2022-2027 ($ million)
      • Table Chart on Multi-speed transmission - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Multi-speed transmission - Year-over-year growth 2022-2027 (%)
    • Market opportunity by Type
      • Table Market opportunity by Type ($ million)
  • Market Segmentation by Application
    • Market segments
      • Table Chart on Application - Market share 2022-2027 (%)
      • Table Data Table on Application - Market share 2022-2027 (%)
    • Comparison by Application
      • Table Chart on Comparison by Application
      • Table Data Table on Comparison by Application
    • Battery electric vehicle (BEV) - Market size and forecast 2022-2027
      • Table Chart on Battery electric vehicle (BEV) - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on Battery electric vehicle (BEV) - Market size and forecast 2022-2027 ($ million)
      • Table Chart on Battery electric vehicle (BEV) - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Battery electric vehicle (BEV) - Year-over-year growth 2022-2027 (%)
    • Plug-in hybrid electric vehicle (PHEV) - Market size and forecast 2022-2027
      • Table Chart on Plug-in hybrid electric vehicle (PHEV) - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on Plug-in hybrid electric vehicle (PHEV) - Market size and forecast 2022-2027 ($ million)
      • Table Chart on Plug-in hybrid electric vehicle (PHEV) - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Plug-in hybrid electric vehicle (PHEV) - Year-over-year growth 2022-2027 (%)
    • Fuel cell electric vehicle (FCEV) - Market size and forecast 2022-2027
      • Table Chart on Fuel cell electric vehicle (FCEV) - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on Fuel cell electric vehicle (FCEV) - Market size and forecast 2022-2027 ($ million)
      • Table Chart on Fuel cell electric vehicle (FCEV) - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Fuel cell electric vehicle (FCEV) - Year-over-year growth 2022-2027 (%)
    • Market opportunity by Application
      • Table Market opportunity by Application ($ million)
  • Customer Landscape
    • Customer landscape overview
      • Table Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
  • Geographic Landscape
    • Geographic segmentation
      • Table Chart on Market share by geography 2022-2027 (%)
      • Table Data Table on Market share by geography 2022-2027 (%)
    • Geographic comparison
      • Table Chart on Geographic comparison
      • Table Data Table on Geographic comparison
    • APAC - Market size and forecast 2022-2027
      • Table Chart on APAC - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on APAC - Market size and forecast 2022-2027 ($ million)
      • Table Chart on APAC - Year-over-year growth 2022-2027 (%)
      • Table Data Table on APAC - Year-over-year growth 2022-2027 (%)
    • Europe - Market size and forecast 2022-2027
      • Table Chart on Europe - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on Europe - Market size and forecast 2022-2027 ($ million)
      • Table Chart on Europe - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Europe - Year-over-year growth 2022-2027 (%)
    • North America - Market size and forecast 2022-2027
      • Table Chart on North America - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on North America - Market size and forecast 2022-2027 ($ million)
      • Table Chart on North America - Year-over-year growth 2022-2027 (%)
      • Table Data Table on North America - Year-over-year growth 2022-2027 (%)
    • South America - Market size and forecast 2022-2027
      • Table Chart on South America - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on South America - Market size and forecast 2022-2027 ($ million)
      • Table Chart on South America - Year-over-year growth 2022-2027 (%)
      • Table Data Table on South America - Year-over-year growth 2022-2027 (%)
    • Middle East and Africa - Market size and forecast 2022- 2027
      • Table Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
      • Table Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
    • China - Market size and forecast 2022-2027
      • Table Chart on China - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on China - Market size and forecast 2022-2027 ($ million)
      • Table Chart on China - Year-over-year growth 2022-2027 (%)
      • Table Data Table on China - Year-over-year growth 2022-2027 (%)
    • US - Market size and forecast 2022-2027
      • Table Chart on US - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on US - Market size and forecast 2022-2027 ($ million)
      • Table Chart on US - Year-over-year growth 2022-2027 (%)
      • Table Data Table on US - Year-over-year growth 2022-2027 (%)
    • Norway - Market size and forecast 2022-2027
      • Table Chart on Norway - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on Norway - Market size and forecast 2022-2027 ($ million)
      • Table Chart on Norway - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Norway - Year-over-year growth 2022-2027 (%)
    • Germany - Market size and forecast 2022-2027
      • Table Chart on Germany - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on Germany - Market size and forecast 2022-2027 ($ million)
      • Table Chart on Germany - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Germany - Year-over-year growth 2022-2027 (%)
    • UK - Market size and forecast 2022-2027
      • Table Chart on UK - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on UK - Market size and forecast 2022-2027 ($ million)
      • Table Chart on UK - Year-over-year growth 2022-2027 (%)
      • Table Data Table on UK - Year-over-year growth 2022-2027 (%)
    • Market opportunity by geography
      • Table Market opportunity by geography ($ million)
  • Drivers, Challenges, and Trends
    • Market drivers
      • Increasing demand for BEVs
      • Reduction in battery pack prices
      • Adoption of multi-speed transmission
    • Market challenges
      • Lack of adequate supporting infrastructure for EVs
      • Non-uniformity in standards
      • Mounting cost pressure on transmission system manufacturers from demand side
    • Impact of drivers and challenges
      • Table Impact of drivers and challenges in 2022 and 2027
    • Market trends
      • Increase in popularity of e-axle system
      • Rapid development of electrified luxury vehicles
      • Use of lightweight transmission design
  • Vendor Landscape
    • Overview
    • Vendor landscape
      • Table Overview on Criticality of inputs and Factors of differentiation
    • Landscape disruption
      • Table Overview on factors of disruption
    • Industry risks
      • Table Impact of key risks on business
  • Vendor Analysis
    • Vendors covered
      • Table Vendors covered
    • Market positioning of vendors
      • Table Matrix on vendor position and classification
    • Aisin Corp.
      • Table Aisin Corp. - Overview
      • Table Aisin Corp. - Business segments
      • Table Aisin Corp. - Key offerings
      • Table Aisin Corp. - Segment focus
    • Allison Transmission Holdings Inc.
      • Table Allison Transmission Holdings Inc. - Overview
      • Table Allison Transmission Holdings Inc. - Product / Service
      • Table Allison Transmission Holdings Inc. - Key offerings
    • AVL List GmbH
      • Table AVL List GmbH - Overview
      • Table AVL List GmbH - Product / Service
      • Table AVL List GmbH - Key offerings
    • BorgWarner Inc.
      • Table BorgWarner Inc. - Overview
      • Table BorgWarner Inc. - Business segments
      • Table BorgWarner Inc. - Key news
      • Table BorgWarner Inc. - Key offerings
      • Table BorgWarner Inc. - Segment focus
    • Eaton Corp. Plc
      • Table Eaton Corp. Plc - Overview
      • Table Eaton Corp. Plc - Business segments
      • Table Eaton Corp. Plc - Key news
      • Table Eaton Corp. Plc - Key offerings
      • Table Eaton Corp. Plc - Segment focus
    • GKN Automotive Ltd.
      • Table GKN Automotive Ltd. - Overview
      • Table GKN Automotive Ltd. - Product / Service
      • Table GKN Automotive Ltd. - Key offerings
    • Hewland Engineering Ltd.
      • Table Hewland Engineering Ltd. - Overview
      • Table Hewland Engineering Ltd. - Product / Service
      • Table Hewland Engineering Ltd. - Key offerings
    • JATCO Ltd.
      • Table JATCO Ltd. - Overview
      • Table JATCO Ltd. - Product / Service
      • Table JATCO Ltd. - Key offerings
    • Mitsubishi Electric Corp.
      • Table Mitsubishi Electric Corp. - Overview
      • Table Mitsubishi Electric Corp. - Business segments
      • Table Mitsubishi Electric Corp. - Key news
      • Table Mitsubishi Electric Corp. - Key offerings
      • Table Mitsubishi Electric Corp. - Segment focus
    • OC Oerlikon Corp. AG
      • Table OC Oerlikon Corp. AG - Overview
      • Table OC Oerlikon Corp. AG - Business segments
      • Table OC Oerlikon Corp. AG - Key offerings
      • Table OC Oerlikon Corp. AG - Segment focus
    • Ricardo Plc
      • Table Ricardo Plc - Overview
      • Table Ricardo Plc - Business segments
      • Table Ricardo Plc - Key offerings
      • Table Ricardo Plc - Segment focus
    • Robert Bosch GmbH
      • Table Robert Bosch GmbH - Overview
      • Table Robert Bosch GmbH - Business segments
      • Table Robert Bosch GmbH - Key offerings
      • Table Robert Bosch GmbH - Segment focus
    • Schaeffler AG
      • Table Schaeffler AG - Overview
      • Table Schaeffler AG - Business segments
      • Table Schaeffler AG - Key offerings
      • Table Schaeffler AG - Segment focus
    • Xtrac Ltd.
      • Table Xtrac Ltd. - Overview
      • Table Xtrac Ltd. - Product / Service
      • Table Xtrac Ltd. - Key offerings
    • ZF Friedrichshafen AG
      • Table ZF Friedrichshafen AG - Overview
      • Table ZF Friedrichshafen AG - Business segments
      • Table ZF Friedrichshafen AG - Key news
      • Table ZF Friedrichshafen AG - Key offerings
      • Table ZF Friedrichshafen AG - Segment focus
  • Appendix
    • Scope of the report
      • Market definition
      • Objectives
      • Notes and caveats
    • Inclusions and exclusions checklist
      • Table Inclusions checklist
      • Table Exclusions checklist
    • Currency conversion rates for US$
      • Table Currency conversion rates for US$
    • Research methodology
      • Table Research methodology
      • Table Validation techniques employed for market sizing
      • Table Information sources
    • List of abbreviations
      • Table List of abbreviations

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