DUBLIN--(BUSINESS WIRE)--The "Driveline Market for Electric & Hybrid Vehicle by Architecture, Transmission Motor Output, Final Drive, Drive Type, Power Electronics, Vehicle Type, Region - Global Forecast to 2025" report has been added to ResearchAndMarkets.com's offering.
The driveline market for electric and hybrid vehicles is projected to grow from USD 18.14 billion in 2017 to USD 63.32 billion by 2025, at a CAGR of 16.92% CAGR.
The market is projected to rise due to key reasons such as increasing demand for the electric and hybrid vehicle and advancement in driveline technologies such as E-CVT and E-axle.
On the other hand, the major factors hindering the growth of the driveline market for electric and hybrid vehicle are the high cost of electric and hybrid driveline as compared to the conventional driveline.
Although the application of E-axles is at a nascent stage at present, E-axles are likely to gain the market share during the forecast period owing to their benefits associated with improving the range covered and noise reduction, among others. The need for high power applications has contributed to the growing demand for 48 V and more high powered architectures. All these higher voltage architecture technologies are likely to create a tremendous demand for E-axle systems in the future. E-axles would have a huge impact on the future driveline market due to their benefits such as weight reduction and improving the efficiency of electric vehicles.
China is expected to be the largest market for motors with an output range of 45kW to 100kW, followed by Japan and South Korea. Toyota is the leading OEM in the electric and hybrid driveline equipped with the motor that gives a power output of 45kW to 100kW.
Companies Mentioned
- ZF
- Schaeffler
- GKN
- BorgWarner
- Robert Bosch
- Delphi
- Denso
- Hitachi
- Valeo
- AVL
- Continental
Key Topics Covered
1. Introduction
2. Research Methodology
3. Executive Summary
4. Premium Insights
5. Market Overview
6. Driveline Market for Electric & Hybrid Vehicles, By Vehicle Type
7. Driveline Market for Electric & Hybrid Vehicles, By Power Electronics
8. Driveline Market for Electric & Hybrid Vehicles, By Transmission Type
9 Driveline Market for Electric & Hybrid Vehicles, By Final Drive
10. Driveline Market for Electric & Hybrid Vehicles, By Motor Output
11. Driveline Market for Electric & Hybrid Vehicles, By Drive Type
12. Driveline Market for Electric & Hybrid Vehicles, By Architecture
13. Driveline Market for Electric & Hybrid Vehicles, By Region
14. Competitive Landscape
15. Company Profiles
For more information about this report visit https://www.researchandmarkets.com/research/m23fkm/driveline_market?w=4
