Quick Summary:
Innovations in vehicular technology and rising environmental concerns are rapidly driving the expansion of the Electric and Hybrid Vehicles Driveline market, expected to surpass US$95.3 Billion by 2030. This comprehensive market research report provides an in-depth study of this accelerating industry, its key players, and the market dynamics shaping future opportunities.
The research also breaks down growth strategies and projections for crucial economies like U.S and China, projected to lead this trend. This invaluable intelligence empowers you to leverage the industry's high growth regions and set yourself apart in today's competitive landscape. Benefit from a special report feature that offers the ability to customize updates and an inclusive one-year complimentary update service. Full access to our digital archive and Research Platform is also provided, bringing the most critical market information straight to your fingertips. Navigate the proliferating global Electric and Hybrid Vehicles Driveline market with confidence and insight through this comprehensive report.
Global Electric and Hybrid Vehicles Driveline Market to Reach $95.3 Billion by 2030
The global market for Electric and Hybrid Vehicles Driveline estimated at US$31 Billion in the year 2022, is projected to reach a revised size of US$95.3 Billion by 2030, growing at a CAGR of 15% over the analysis period 2022-2030. Electronic Continuously Variable Transmission (E-CVT), one of the segments analyzed in the report, is projected to record a 14.7% CAGR and reach US$43.2 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Automatic Transmission (AT) segment is readjusted to a revised 15.1% CAGR for the next 8-year period.
The U.S. Market is Estimated at $8.5 Billion, While China is Forecast to Grow at 20.1% CAGR
The Electric and Hybrid Vehicles Driveline market in the U.S. is estimated at US$8.5 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$22.6 Billion by the year 2030 trailing a CAGR of 20.1% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 11.1% and 12.8% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 11.9% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$14.8 Billion by the year 2030.Select Competitors (Total 46 Featured) -
- BorgWarner, Inc.
- Continental AG
- Delphi Technologies
- Denso Corporation
- GKN PLC
- Hitachi Ltd.
- Robert Bosch GmbH
- Schaeffler AG
- Valeo SA
- ZF Friedrichshafen AG
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
What is the estimated value of the Global Market for Electric and Hybrid Vehicles Driveline?
What is the growth rate of the Global Market for Electric and Hybrid Vehicles Driveline?
What is the forecasted size of the Global Market for Electric and Hybrid Vehicles Driveline?
Who are the key companies in the Global Market for Electric and Hybrid Vehicles Driveline?
| Report Attribute | Details |
|---|---|
| No. of Pages | 246 |
| Published | December 2023 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value ( USD | $ 31 Billion |
| Forecasted Market Value ( USD | $ 95.3 Billion |
| Compound Annual Growth Rate | 15.1% |
| Regions Covered | Global |
Table of Contents
Companies Mentioned
A selection of companies mentioned in this report includes:
- BorgWarner, Inc.
- Continental AG
- Delphi Technologies
- Denso Corporation
- GKN PLC
- Hitachi Ltd.
- Robert Bosch GmbH
- Schaeffler AG
- Valeo SA
- ZF Friedrichshafen AG
