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Automotive Electric Drive Axle - Global Market Trajectory & Analytics

  • ID: 5030532
  • Report
  • April 2021
  • Region: Global
  • 268 pages
  • Global Industry Analysts, Inc
Global Automotive Electric Drive Axle Market to Reach $7.1 Billion by 2027

Amid the COVID-19 crisis, the global market for Automotive Electric Drive Axle estimated at US$1 Billion in the year 2020, is projected to reach a revised size of US$7.1 Billion by 2027, growing at a CAGR of 32.3% over the period 2020-2027. Electric Axle, one of the segments analyzed in the report, is projected to record 29.1% CAGR and reach US$3.9 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Hybrid Axle segment is readjusted to a revised 37.4% CAGR for the next 7-year period.

The U.S. Market is Estimated at $268.6 Million, While China is Forecast to Grow at 39.8% CAGR

The Automotive Electric Drive Axle market in the U.S. is estimated at US$268.6 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$1.8 Billion by the year 2027 trailing a CAGR of 39.5% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 25.8% and 29.3% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 27.6% CAGR.

Select Competitors (Total 42 Featured):
  • American Axle & Manufacturing Inc.
  • AxleTech International LLC
  • Benevelli Group
  • Bonfiglioli Riduttori SpA
  • Continental AG
  • F P W Axles Ltd.
  • GKN PLC
  • Magna International, Inc.
  • ZF Friedrichshafen AG
  • Ziehl-Abegg SE
Note: Product cover images may vary from those shown
I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW
  • Influencer Market Insights
  • World Market Trajectories
  • Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS
  • UNITED STATES
  • CANADA
  • JAPAN
  • CHINA
  • EUROPE
  • FRANCE
  • GERMANY
  • ITALY
  • UNITED KINGDOM
  • SPAIN
  • RUSSIA
  • REST OF EUROPE
  • ASIA-PACIFIC
  • AUSTRALIA
  • INDIA
  • SOUTH KOREA
  • REST OF ASIA-PACIFIC
  • LATIN AMERICA
  • ARGENTINA
  • BRAZIL
  • MEXICO
  • REST OF LATIN AMERICA
  • MIDDLE EAST
  • IRAN
  • ISRAEL
  • SAUDI ARABIA
  • UNITED ARAB EMIRATES
  • REST OF MIDDLE EAST
  • AFRICA
IV. COMPETITION
  • Total Companies Profiled: 42
Note: Product cover images may vary from those shown
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