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Electric Axle Drive Systems-Global Market Insights and Sales Trends 2024
Synopsis
Electric Axle Drive Systems are drive systems that are majorly used in the electrical and hybrid electric vehicles. These systems are developed for all vehicle segments and for both front and rear wheel drives. The use of Electric Axle Drive Systems enables high flexibility and adaptation to suit various engines and transmissions. The electric axle drives also incorporate several drive components which increases safety and enable smooth drivability of vehicles.
The global Electric Axle Drive Systems market size is expected to reach US$ 6950.8 million by 2029, growing at a CAGR of 7.5% from 2023 to 2029. The market is mainly driven by the significant applications of Electric Axle Drive Systems in various end use industries. The expanding demands from the Passenger Cars, Light Commercial Vehicles and Heavy Commercial Vehicles,, are propelling Electric Axle Drive Systems market. Electric Systems, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Hybrid Electric Systems segment is estimated at % CAGR for the next seven-year period.
Global major automakers are increasingly speeding up the electrical vehicle production because of rise in demand for electric vehicles and the obligation to reduce the carbon emissions from vehicle operations. For the future mobility solutions of the electric vehicles, electric axle drive systems are considered as the way forward.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Electric Axle Drive Systems, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Electric Axle Drive Systems market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Electric Axle Drive Systems market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Electric Axle Drive Systems sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Electric Axle Drive Systems covered in this report include Robert Bosch, American Axle & Manufacturing, ZF Friedrichshafen, GKN, Magna International, Schaeffler Technologies, Continental, Bonfiglioli Riduttori and Borgwarner, etc.
The global Electric Axle Drive Systems market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Robert Bosch
American Axle & Manufacturing
ZF Friedrichshafen
GKN
Magna International
Schaeffler Technologies
Continental
Bonfiglioli Riduttori
Borgwarner
Ziehl Abegg
Global Electric Axle Drive Systems market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Electric Axle Drive Systems market, Segment by Type:
Electric Systems
Hybrid Electric Systems
Global Electric Axle Drive Systems market, by Application
Passenger Cars
Light Commercial Vehicles
Heavy Commercial Vehicles
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Electric Axle Drive Systems manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Electric Axle Drive Systems in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Electric Axle Drive Systems are drive systems that are majorly used in the electrical and hybrid electric vehicles. These systems are developed for all vehicle segments and for both front and rear wheel drives. The use of Electric Axle Drive Systems enables high flexibility and adaptation to suit various engines and transmissions. The electric axle drives also incorporate several drive components which increases safety and enable smooth drivability of vehicles.
The global Electric Axle Drive Systems market size is expected to reach US$ 6950.8 million by 2029, growing at a CAGR of 7.5% from 2023 to 2029. The market is mainly driven by the significant applications of Electric Axle Drive Systems in various end use industries. The expanding demands from the Passenger Cars, Light Commercial Vehicles and Heavy Commercial Vehicles,, are propelling Electric Axle Drive Systems market. Electric Systems, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Hybrid Electric Systems segment is estimated at % CAGR for the next seven-year period.
Global major automakers are increasingly speeding up the electrical vehicle production because of rise in demand for electric vehicles and the obligation to reduce the carbon emissions from vehicle operations. For the future mobility solutions of the electric vehicles, electric axle drive systems are considered as the way forward.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Electric Axle Drive Systems, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Electric Axle Drive Systems market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Electric Axle Drive Systems market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Electric Axle Drive Systems sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Electric Axle Drive Systems covered in this report include Robert Bosch, American Axle & Manufacturing, ZF Friedrichshafen, GKN, Magna International, Schaeffler Technologies, Continental, Bonfiglioli Riduttori and Borgwarner, etc.
The global Electric Axle Drive Systems market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Robert Bosch
American Axle & Manufacturing
ZF Friedrichshafen
GKN
Magna International
Schaeffler Technologies
Continental
Bonfiglioli Riduttori
Borgwarner
Ziehl Abegg
Global Electric Axle Drive Systems market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Electric Axle Drive Systems market, Segment by Type:
Electric Systems
Hybrid Electric Systems
Global Electric Axle Drive Systems market, by Application
Passenger Cars
Light Commercial Vehicles
Heavy Commercial Vehicles
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Electric Axle Drive Systems manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Electric Axle Drive Systems in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Electric Axle Drive Systems Market Overview
1.1 Electric Axle Drive Systems Product Overview
1.2 Electric Axle Drive Systems Market Segment by Type
1.2.1 Electric Systems
1.2.2 Hybrid Electric Systems
1.3 Global Electric Axle Drive Systems Market Size by Type
1.3.1 Global Electric Axle Drive Systems Market Size Overview by Type (2018-2029)
1.3.2 Global Electric Axle Drive Systems Historic Market Size Review by Type (2018-2023)
1.3.3 Global Electric Axle Drive Systems Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Electric Axle Drive Systems Sales Breakdown by Type (2018-2023)
1.4.2 Europe Electric Axle Drive Systems Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Electric Axle Drive Systems Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Electric Axle Drive Systems Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Electric Axle Drive Systems Sales Breakdown by Type (2018-2023)
2 Global Electric Axle Drive Systems Market Competition by Company
2.1 Global Top Players by Electric Axle Drive Systems Sales (2018-2023)
2.2 Global Top Players by Electric Axle Drive Systems Revenue (2018-2023)
2.3 Global Top Players by Electric Axle Drive Systems Price (2018-2023)
2.4 Global Top Manufacturers Electric Axle Drive Systems Manufacturing Base Distribution, Sales Area, Product Type
2.5 Electric Axle Drive Systems Market Competitive Situation and Trends
2.5.1 Electric Axle Drive Systems Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Electric Axle Drive Systems Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Electric Axle Drive Systems as of 2022)
2.7 Date of Key Manufacturers Enter into Electric Axle Drive Systems Market
2.8 Key Manufacturers Electric Axle Drive Systems Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Electric Axle Drive Systems Status and Outlook by Region
3.1 Global Electric Axle Drive Systems Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Electric Axle Drive Systems Historic Market Size by Region
3.2.1 Global Electric Axle Drive Systems Sales in Volume by Region (2018-2023)
3.2.2 Global Electric Axle Drive Systems Sales in Value by Region (2018-2023)
3.2.3 Global Electric Axle Drive Systems Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Electric Axle Drive Systems Forecasted Market Size by Region
3.3.1 Global Electric Axle Drive Systems Sales in Volume by Region (2024-2029)
3.3.2 Global Electric Axle Drive Systems Sales in Value by Region (2024-2029)
3.3.3 Global Electric Axle Drive Systems Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Electric Axle Drive Systems by Application
4.1 Electric Axle Drive Systems Market Segment by Application
4.1.1 Passenger Cars
4.1.2 Light Commercial Vehicles
4.1.3 Heavy Commercial Vehicles
4.2 Global Electric Axle Drive Systems Market Size by Application
4.2.1 Global Electric Axle Drive Systems Market Size Overview by Application (2018-2029)
4.2.2 Global Electric Axle Drive Systems Historic Market Size Review by Application (2018-2023)
4.2.3 Global Electric Axle Drive Systems Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Electric Axle Drive Systems Sales Breakdown by Application (2018-2023)
4.3.2 Europe Electric Axle Drive Systems Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Electric Axle Drive Systems Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Electric Axle Drive Systems Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Electric Axle Drive Systems Sales Breakdown by Application (2018-2023)
5 North America Electric Axle Drive Systems by Country
5.1 North America Electric Axle Drive Systems Historic Market Size by Country
5.1.1 North America Electric Axle Drive Systems Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Electric Axle Drive Systems Sales in Volume by Country (2018-2023)
5.1.3 North America Electric Axle Drive Systems Sales in Value by Country (2018-2023)
5.2 North America Electric Axle Drive Systems Forecasted Market Size by Country
5.2.1 North America Electric Axle Drive Systems Sales in Volume by Country (2024-2029)
5.2.2 North America Electric Axle Drive Systems Sales in Value by Country (2024-2029)
6 Europe Electric Axle Drive Systems by Country
6.1 Europe Electric Axle Drive Systems Historic Market Size by Country
6.1.1 Europe Electric Axle Drive Systems Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Electric Axle Drive Systems Sales in Volume by Country (2018-2023)
6.1.3 Europe Electric Axle Drive Systems Sales in Value by Country (2018-2023)
6.2 Europe Electric Axle Drive Systems Forecasted Market Size by Country
6.2.1 Europe Electric Axle Drive Systems Sales in Volume by Country (2024-2029)
6.2.2 Europe Electric Axle Drive Systems Sales in Value by Country (2024-2029)
7 Asia-Pacific Electric Axle Drive Systems by Region
7.1 Asia-Pacific Electric Axle Drive Systems Historic Market Size by Region
7.1.1 Asia-Pacific Electric Axle Drive Systems Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Electric Axle Drive Systems Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Electric Axle Drive Systems Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Electric Axle Drive Systems Forecasted Market Size by Region
7.2.1 Asia-Pacific Electric Axle Drive Systems Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Electric Axle Drive Systems Sales in Value by Region (2024-2029)
8 Latin America Electric Axle Drive Systems by Country
8.1 Latin America Electric Axle Drive Systems Historic Market Size by Country
8.1.1 Latin America Electric Axle Drive Systems Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Electric Axle Drive Systems Sales in Volume by Country (2018-2023)
8.1.3 Latin America Electric Axle Drive Systems Sales in Value by Country (2018-2023)
8.2 Latin America Electric Axle Drive Systems Forecasted Market Size by Country
8.2.1 Latin America Electric Axle Drive Systems Sales in Volume by Country (2024-2029)
8.2.2 Latin America Electric Axle Drive Systems Sales in Value by Country (2024-2029)
9 Middle East and Africa Electric Axle Drive Systems by Country
9.1 Middle East and Africa Electric Axle Drive Systems Historic Market Size by Country
9.1.1 Middle East and Africa Electric Axle Drive Systems Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Electric Axle Drive Systems Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Electric Axle Drive Systems Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Electric Axle Drive Systems Forecasted Market Size by Country
9.2.1 Middle East and Africa Electric Axle Drive Systems Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Electric Axle Drive Systems Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Robert Bosch
10.1.1 Robert Bosch Company Information
10.1.2 Robert Bosch Introduction and Business Overview
10.1.3 Robert Bosch Electric Axle Drive Systems Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Robert Bosch Electric Axle Drive Systems Products Offered
10.1.5 Robert Bosch Recent Development
10.2 American Axle & Manufacturing
10.2.1 American Axle & Manufacturing Company Information
10.2.2 American Axle & Manufacturing Introduction and Business Overview
10.2.3 American Axle & Manufacturing Electric Axle Drive Systems Sales, Revenue and Gross Margin (2018-2023)
10.2.4 American Axle & Manufacturing Electric Axle Drive Systems Products Offered
10.2.5 American Axle & Manufacturing Recent Development
10.3 ZF Friedrichshafen
10.3.1 ZF Friedrichshafen Company Information
10.3.2 ZF Friedrichshafen Introduction and Business Overview
10.3.3 ZF Friedrichshafen Electric Axle Drive Systems Sales, Revenue and Gross Margin (2018-2023)
10.3.4 ZF Friedrichshafen Electric Axle Drive Systems Products Offered
10.3.5 ZF Friedrichshafen Recent Development
10.4 GKN
10.4.1 GKN Company Information
10.4.2 GKN Introduction and Business Overview
10.4.3 GKN Electric Axle Drive Systems Sales, Revenue and Gross Margin (2018-2023)
10.4.4 GKN Electric Axle Drive Systems Products Offered
10.4.5 GKN Recent Development
10.5 Magna International
10.5.1 Magna International Company Information
10.5.2 Magna International Introduction and Business Overview
10.5.3 Magna International Electric Axle Drive Systems Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Magna International Electric Axle Drive Systems Products Offered
10.5.5 Magna International Recent Development
10.6 Schaeffler Technologies
10.6.1 Schaeffler Technologies Company Information
10.6.2 Schaeffler Technologies Introduction and Business Overview
10.6.3 Schaeffler Technologies Electric Axle Drive Systems Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Schaeffler Technologies Electric Axle Drive Systems Products Offered
10.6.5 Schaeffler Technologies Recent Development
10.7 Continental
10.7.1 Continental Company Information
10.7.2 Continental Introduction and Business Overview
10.7.3 Continental Electric Axle Drive Systems Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Continental Electric Axle Drive Systems Products Offered
10.7.5 Continental Recent Development
10.8 Bonfiglioli Riduttori
10.8.1 Bonfiglioli Riduttori Company Information
10.8.2 Bonfiglioli Riduttori Introduction and Business Overview
10.8.3 Bonfiglioli Riduttori Electric Axle Drive Systems Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Bonfiglioli Riduttori Electric Axle Drive Systems Products Offered
10.8.5 Bonfiglioli Riduttori Recent Development
10.9 Borgwarner
10.9.1 Borgwarner Company Information
10.9.2 Borgwarner Introduction and Business Overview
10.9.3 Borgwarner Electric Axle Drive Systems Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Borgwarner Electric Axle Drive Systems Products Offered
10.9.5 Borgwarner Recent Development
10.10 Ziehl Abegg
10.10.1 Ziehl Abegg Company Information
10.10.2 Ziehl Abegg Introduction and Business Overview
10.10.3 Ziehl Abegg Electric Axle Drive Systems Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Ziehl Abegg Electric Axle Drive Systems Products Offered
10.10.5 Ziehl Abegg Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Electric Axle Drive Systems Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Electric Axle Drive Systems Industrial Chain Analysis
11.4 Electric Axle Drive Systems Market Dynamics
11.4.1 Electric Axle Drive Systems Industry Trends
11.4.2 Electric Axle Drive Systems Market Drivers
11.4.3 Electric Axle Drive Systems Market Challenges
11.4.4 Electric Axle Drive Systems Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Electric Axle Drive Systems Distributors
12.3 Electric Axle Drive Systems Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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