Global NEV eAxle Market Growth 2023-2029
The eAxle is a compact, cost-attractive electric drive solution for battery-electric vehicles and hybrid applications.
LPI (LP Information)' newest research report, the “NEV eAxle Industry Forecast” looks at past sales and reviews total world NEV eAxle sales in 2022, providing a comprehensive analysis by region and market sector of projected NEV eAxle sales for 2023 through 2029. With NEV eAxle sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world NEV eAxle industry.
This Insight Report provides a comprehensive analysis of the global NEV eAxle landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on NEV eAxle portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global NEV eAxle market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for NEV eAxle and breaks down the forecast by peak output, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global NEV eAxle.
The global NEV eAxle market size is projected to grow from US$ 1173.3 million in 2022 to US$ 8024.2 million in 2029; it is expected to grow at a CAGR of 8024.2 from 2023 to 2029.
Global core NEV eAxle players include GKN Automotive Limited, Nidec Corporation and Vitesco Technologies etc. The top 3 companies hold a share about 65%. Asia-Pacific is the largest market with a share about 66%, followed by Europe and America.
In terms of product, the product whose peak output is between 100kW and 200kW has the largest segment, with a share about 73%. And in terms of applications, the largest application is passenger car, with a share about 84%.
This report presents a comprehensive overview, market shares, and growth opportunities of NEV eAxle market by product peak output, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by peak output
below 100kW
between 100kW and 200kW
above 200kW
Segmentation by application
Passenger Cars
Commercial Vehicles
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
GKN Automotive Limited
Nidec Corporation
Vitesco Technologies
BorgWarner
Inovance
Meritor
JJE
Aisin
ZF Friedrichshafen
Robert Bosch GmbH
Key Questions Addressed in this Report
What is the 10-year outlook for the global NEV eAxle market?
What factors are driving NEV eAxle market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do NEV eAxle market opportunities vary by end market size?
How does NEV eAxle break out peak output, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.
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