Global Hybrid and Electric Vehicle Integrated Drive Unit Market to Reach $223.6 Billion by 2030
The global market for Hybrid and Electric Vehicle Integrated Drive Unit estimated at US$7.9 Billion in the year 2022, is projected to reach a revised size of US$223.6 Billion by 2030, growing at a CAGR of 51.8% over the analysis period 2022-2030. Battery Electric Vehicles (BEVs), one of the segments analyzed in the report, is projected to record 52.8% CAGR and reach US$155.5 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Hybrid Electric Vehicles (HEVs) segment is readjusted to a revised 49.8% CAGR for the next 8-year period.The U.S. Market is Estimated at $2.6 Billion, While China is Forecast to Grow at 48.7% CAGR
The Hybrid and Electric Vehicle Integrated Drive Unit market in the U.S. is estimated at US$2.6 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$33 Billion by the year 2030 trailing a CAGR of 48.7% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 45.9% and 43.1% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 33.7% CAGR.Select Competitors (Total 43 Featured) -
- BorgWarner, Inc.
- Bosch Mobility Solutions
- Continental AG
- GKN PLC
- 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
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERS3. MARKET TRENDS & DRIVERSIII. MARKET ANALYSISIV. COMPETITION
1. MARKET OVERVIEW
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
CANADA
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
ITALY
UNITED KINGDOM
REST OF EUROPE
ASIA-PACIFIC
REST OF WORLD
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- BorgWarner, Inc.
- Bosch Mobility Solutions
- Continental AG
- GKN PLC
- Siemens AG
- ZF Friedrichshafen AG
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 193 |
Published | March 2024 |
Forecast Period | 2022 - 2030 |
Estimated Market Value ( USD | $ 7.9 Billion |
Forecasted Market Value ( USD | $ 223.6 Billion |
Compound Annual Growth Rate | 51.9% |
Regions Covered | Global |