Quick Summary:
In the dynamic world of electric vehicle technology, the global Smart e-Drive market is rapidly emerging as a significant area of interest. Built on comprehensive data analysis and crucial market insights, our latest market research report provides a detailed exploration of this burgeoning market, forecasted to reach a whopping US$8.4 Billion by 2030, up from US$1.1 Billion in 2022.
Already gaining traction in the U.S., China, and other influential economies, the Smart e-Drive technology presents a promising investment opportunity. Featuring an in-depth analysis of key market segments including Battery and Electric Motor, our report offers strategic insights that are critical to navigate this ever-evolving industry. Leveraging our report's robust data analysis and industry expertise, businesses can seize opportunities, forge pioneering strategies and ultimately lead in the Smart e-Drive market. Discover the future of electric vehicle technology today with our comprehensive research report.
Global Smart e-Drive Market to Reach $8.4 Billion by 2030
The global market for Smart e-Drive estimated at US$1.1 Billion in the year 2022, is projected to reach a revised size of US$8.4 Billion by 2030, growing at a CAGR of 29.4% over the analysis period 2022-2030. Battery, one of the segments analyzed in the report, is projected to record 31.3% CAGR and reach US$4.6 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Electric Motor segment is readjusted to a revised 29.7% CAGR for the next 8-year period.
The U.S. Market is Estimated at $337.2 Million, While China is Forecast to Grow at 28.2% CAGR
The Smart e-Drive market in the U.S. is estimated at US$337.2 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$1.4 Billion by the year 2030 trailing a CAGR of 28.2% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 26.1% and 24.7% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 20.3% CAGR.Select Competitors (Total 17 Featured) -
- Aisin Seiki Co., Ltd.
- BorgWarner, Inc.
- Continental AG
- GKN PLC
- Hitachi Ltd.
- Hyundai Mobis Co., Ltd.
- Infineon Technologies AG
- Magna International, Inc.
- MAHLE GmbH
- Robert Bosch GmbH
- Schaeffler AG
- Siemens AG
- 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 Smart e-Drive?
What is the growth rate of the Global Market for Smart e-Drive?
What is the forecasted size of the Global Market for Smart e-Drive?
Who are the key companies in the Global Market for Smart e-Drive?
| Report Attribute | Details |
|---|---|
| No. of Pages | 232 |
| Published | December 2023 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value ( USD | $ 1.1 Billion |
| Forecasted Market Value ( USD | $ 8.4 Billion |
| Compound Annual Growth Rate | 28.9% |
| Regions Covered | Global |
Table of Contents
Companies Mentioned
A selection of companies mentioned in this report includes:
- Aisin Seiki Co., Ltd.
- BorgWarner, Inc.
- Continental AG
- GKN PLC
- Hitachi Ltd.
- Hyundai Mobis Co., Ltd.
- Infineon Technologies AG
- Magna International, Inc.
- MAHLE GmbH
- Robert Bosch GmbH
- Schaeffler AG
- Siemens AG
- ZF Friedrichshafen AG
