Global Electric Vehicle Powertrain Market Size, Share, Forecast Report, 2020-2027

The global Electric Vehicle Powertrain market garnered revenue around USD XX Billion in 2019 and projected to reach USD 130Billion in 2027, with at a compound annual growth rate of 18% throughout the estimate period from 2020 to 2027.

An electric powertrain is a closed-loop system, mainly constituted by battery, inverter, high-power electric motor, reduction drive and power delivery module (PDM). In electric vehicles, powertrains are used to enhance the range of efficiency for the vehicle. Powertrain systems can be used flexibly in electric vehicles such as battery, hybrid, and plug-in electric vehicle as well as they are easy to integrate. Hence, the deployment of powertrain systems in EV is also helps to reduces development times and costs.

This research report encompasses precise assessment of the market with the help of comprehensive qualitative insights and supportable prognoses regarding market size, consumption and production. The projections presented in the report have been derived using proven research methodologies and assumptions. It does so by means of comprehensive qualitative insights, historical statistics, and verifiable predictions about market revenue and sales.

The rapidly budding threat owed to the eruption of COVID-19 is impacting lives, communities, businesses, and industries across the globe. With businesses shuttered, flights grounded, COVID-19 is about to affect the global economy in different ways such as by directly upsetting production and demand, by generating supply chain disruption, and by its financial impact on firms and financial markets. Therefore, this report covers COVID-19 outbreak impact analysis on the Electric Vehicle Powertrain market under the research study. The market estimates offered in the report are the outcome of in-depth extensive secondary research, primary interviews and in-house professional assessments. These market evaluations have been measured by reviewing the impact of numerous social, political and economic factors coupled with recent market dynamics affecting the Electric Vehicle Powertrain market growth.

The global Electric Vehicle Powertrain market is characterized by the presence of numerous small as well as medium scale companies. These players are largely focused towards forward integration via raw material production, product manufacturing, and distribution across various industry verticals. The report recognizes numerous crucial manufacturers of the market. This research study aids to comprehend the strategies and associations that companies are converging to survive in this competitive marketplace. This report assists in understanding footprints of the manufacturers with the help of their global revenue, production, capacity and average selling price analysis for period 2016-2027.

Major manufacturers analysed under this study comprises:

The Key Players operating in the global electric vehicle powertrain market are ZF Friedrichshafen AG (Germany), EPT Co., Inc. (South Korea), WEG (Brazil), Bonfiglioli Riduttori S.P.A (Italy), IET S.p.A. (Italy), Automation Tooling Systems Inc. (Canada), GKN PLC (UK), NXP Semiconductors (the Netherlands), Robert Bosch GmbH (Germany), BorgWarner Inc. (US), Continental AG (Germany), AVL List GmbH (Austria), Mitsubishi Electric Corp (Japan), Magna International Inc. (Canada), and Dana Incorporated (US).

This report delivers market breakdown and its revenue, consumption, production analysis and projections by categorizing it depending on parameters such as type, application/end-user, and region. This research report delivers the analysis and prognosis of revenue, production, price, market share and growth trend for different products such as:

The global electric vehicle powertrain market is segmented based on component, propulsion, vehicle type, and region. The global market is segmented on the basis of component as battery, e-motor, power electronics, thermal management modules, and others. The battery segment is projected to witness a significant growth over the forecast period. On the basis of propulsion, the global market has been segmented into battery, hybrid, and plug-in hybrid electric vehicle. The battery electric vehicle powertrain segment is projected to be dominant throughout the forecast period, whereas the hybrid electric vehicle powertrain segment is projected to grow at a substantial rate over the forecast period. The global market is segmented on the basis of vehicle type as passenger car and commercial vehicle. The passenger car segment holds the larger share in the global electric vehicle powertrain market over the forecast period.

Regional Analysis and Forecast

Further, this research study analyses market size, production, consumption and its advancement trends at global, regional, and country level for period 2016 to 2027 and covers following region in its scope:

• North America
  • U.S.
  • Canada
• Europe
  • Germany
  • U.K.
  • Italy
  • France
  • Rest of EU
• Asia Pacific
  • China
  • India
  • Japan
  • Southeast Asia
  • Rest of APAC
• Central & South America
  • Brazil
  • Argentina
  • Rest of Central & South America
• Middle East and Africa
  • UAE
  • Saudi Arabia
  • Rest of MEA