Global NEV eAxle Market Growth 2025-2031

The global NEV eAxle market size is predicted to grow from US$ 2276 million in 2025 to US$ 11830 million in 2031; it is expected to grow at a CAGR of 31.6% from 2025 to 2031.

The eAxle is a compact, cost-attractive electric drive solution for battery-electric vehicles and hybrid applications.

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%.

LP Information, Inc. (LPI) ' newest research report, the “NEV eAxle Industry Forecast” looks at past sales and reviews total world NEV eAxle sales in 2024, providing a comprehensive analysis by region and market sector of projected NEV eAxle sales for 2025 through 2031. 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.

This report presents a comprehensive overview, market shares, and growth opportunities of NEV eAxle market by product type, application, key manufacturers and key regions and countries.

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 analysing 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 by Peak Output, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.