DUBLIN--(BUSINESS WIRE)--The "Smart e-Drive Market - Global Forecast to 2022" report has been added to Research and Markets' offering.
The smart e-drive market for automotive is projected to grow at a CAGR of 32% from 2017 to 2022, to reach USD 1,468.2 million by 2022. The demand for an increase in vehicle space is projected to fuel the demand for advanced technologies such as e-wheel drive system.
On the other hand, the major factors hindering the growth of the smart e-drive market in vehicles are the high cost of smart e-drive systems/module and lack of charging infrastructure.
The market for all-wheel drive (AWD) is projected to grow at the highest CAGR during the forecast period from 2017 to 2022. In the near future, the market for all-wheel drive is projected to show the fastest growth as it combines advantages of FWD and RWD. Increasing need for better acceleration, traction, and towing capabilities in vehicles has propelled the growth of SUVs and MUVs, which come with AWD drivetrain globally. Due to the increasing use of electric and hybrid SUVs and MUVs, the market for AWD will dominate the market of smart e-drive by drive type.
The e-axle market is projected to be the largest segment of the smart e-drive market, by application. The growth of e-axle can be attributed to increasing focus on vehicle electrification, increase in fuel economy, and overall vehicle efficiency in passenger cars in North America and Europe.
Companies Mentioned
- Aisin Seiki
- Borgwarner
- Continental
- GKN
- Hitachi
- Hyundai Mobis
- Infineon
- Magna
- Mahle
- Robert Bosch
- Schaeffler
- Siemens
- ZF Friedrichshafen
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Technical Overview
7 Smart e-Drive Market, By Component
8 Smart e-Drive Market, By Application
9 Smart e-Drive Market for Electric Vehicle, By Drive Type
10 Smart e-Drive Market for Commercial Vehicle, By Region
11 Smart e-Drive Market for Electric Two-Wheeler, By Region
12 Smart e-Drive Market, By Region
13 Competitive Landscape
14 Company Profiles
For more information about this report visit https://www.researchandmarkets.com/research/h5nzns/smart_edrive
