Global Driveline Electric Vehicle Market 2019-2027


Global Driveline Electric Vehicle Market 2019-2027

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The global Driveline Electric Vehicle market is growing at a CAGR of 15% over the forecast period.

The driveline is an integral part of a vehicle, which lies between differential and transmission systems. Automotive driveline is getting developed ever since its existence. The driveline system has components like a driveshaft and universal joints. The latest technology in the automotive is driving the market. Growth in the automotive sector in countries like China and India is driving the global automotive seat climate system market over the forecast period.

The report covers the detailed analysis of global driveline electric vehicle industry with the classifications of the market on the architecture, transmission, vehicle, drive, and region. Analysis of past market dynamics from 2016 to 2019 is given in the report, which will help readers to benchmark the past trends with current market scenarios with the key players' contribution in it.

The report has profiled major key players in the market from different regions. However, the report has considered all market leaders, followers, and new entrants with investors while analyzing the market and estimation the size of the same. The manufacturing environment in each region is different and focus is given on the regional impact on the cost of manufacturing, supply chain, availability of raw materials, labor cost, availability of advanced technology, trusted vendors are analyzed and the report has come up with recommendations for a future hot spot in North America region. The major country’s policies about the oil and gas industry and its impact on electric vehicle manufacturers are covered in the report.
The Series segment was dominant in 2019 and is expected to maintain its position during the forecast period.

• Series
• Parallel
• Power Split

By Architecture Type, the Series segment is expected to gain XX % of the market share by 2027. Series driveline is widely used in the vehicle. The Parallel driveline type system is usually used in a vehicle driven by two power sources. The parallel driveline segment is expected to grow at a significant growth rate, thanks to the hybrid vehicle growth. The demand for eco-friendly vehicle passenger vehicle segment is driving the demand for the Parallel segment in the driveline electric vehicle market. The Parallel segment is estimated to grow at a CAGR of xx% over the forecast period.

Global Driveline Electric Vehicle Market

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Battery electric vehicle segment held major market share XX % in 2019 and is expected to grow xx% by 2027.

• Hybrid Vehicles
• Plug-in Hybrid Vehicles
• Battery Electric Vehicles

The battery-electric vehicle holds the largest market share XX% of the total driveline electric vehicle market during the forecast period, followed by the Plug-in Hybrid Vehicles segment. The demand for an electric vehicle is expected to grow at a CAGR xx% and is expected to keep its dominance over the forecast period. Various factors such as constant growth in sales from the last two years in the developing countries of China India, Increasing individual spending power. Increasing demand for electric vehicles in emerging countries. Automotive manufacturers are constantly developing electric vehicle technologies, which helps in making the vehicle more reliable, and customers also appreciating the development in an electric vehicle. The electric vehicle segment is expected to reach US$ XX Mn by 2027.
global Driveline Electric Vehicle market Competitive Landscape:

Toyota Motors expected to launch a plug-in hybrid electric vehicle in the passenger vehicle segment. The vehicle named Corolla and Levin which are launched in 2019. These vehicles have a hybrid engine which will drive in assist of electric motor. Toyota is also interested to invest in China for the production of batteries and inverters.
US car manufacturer Tesla is the foremost manufacturer in electric vehicles and green energy. Tesla manufacture plug-in hybrid electric vehicle as well as a fully electric vehicle.

German vehicle manufacturer BMW operates two segments of vehicle, automotive and motorbike. BMW has Plug-in hybrid vehicle line up as X5, 330e, 530e, and Mini Countryman that will be targeted to launch in 25 such vehicles at the end of 2025.
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Global Driveline Electric Vehicle Market Regional Insights:

Global Driveline Electric Vehicle Market 1

North America held the largest the market share xx% of in 2019.

North America is expected to grow at a CAGR of XX% during the forecast period due to the high demand for electric vehicles as they focus on eco-friendly and convenient vehicles. Adoption of well-developed technology, government support is expected to drive the demand for the North American driveline electric vehicle market. Followed by Europe, Germany is the major market in Europe. Other major markets in the region are France, U.K, Spain, Italy, Netherlands, and Belgium among others.

The objective of the report is to present a comprehensive analysis of the Global Driveline Electric Vehicle Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding Global Driveline Electric Vehicle Market dynamics, structure by analyzing the market segments and project Global Driveline Electric Vehicle Market Clear representation of competitive analysis of key players by price, financial position, Product portfolio, growth strategies, and regional presence in the Global Driveline Electric Vehicle Market the report investor’s guide.
Global Driveline Electric Vehicle Market, By Architecture Type

• Series
• Parallel
• Power Split
Global Driveline Electric Vehicle Market, By Transmission Type

• Automatic Transmission
• Dual-clutch Transmission
• Electric-continuously Variable Transmission
Global Driveline Electric Vehicle Market, By Drive Type

• Front Wheel Drive (FWD)
• Rear Wheel Drive (RWD)
• All-Wheel Drive (AWD)
Global Driveline Electric Vehicle Market, By Vehicle Type

• Hybrid Vehicles
• Plug-in Hybrid Vehicles
• Battery Electric Vehicles
Global Driveline Electric Vehicle Market, by Region

• Asia Pacific
• North America
• Europe
• South America
• Middle East Africa
Key players operating in Global Driveline Electric Vehicle Market

• ZF
• GKN
• BorgWarner
• Robert Bosch
• Hitachi
• Continental AG
• Delphi Automotive
• Denso Corporation
• Valeo

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