Automotive E-Axle Market Size, Share & Trends Analysis Report By Application (Front, Rear), By Vehicle Type (Passenger Car, Commercial Vehicle) By Region, And Segment Forecasts, 2019 - 2025

Published: Aug, 2019 | Pages: 81 | Publisher: Grand View Research
Industry: Automotive | Report Format: Electronic (PDF)

The global automotive e-axle market size is projected to reach USD 27.19 billion by 2025, growing at a CAGR of 23.7%, according to a new report by Grand View Research, Inc. Electric vehicle production directly influences the demand for automotive e-axles as it is an integral component of a vehicle. Prominent countries such as South Korea and Germany have set aggressive production targets for electric vehicles, which is expected to drive growth for automotive electric axle market over the forecast period.

The availability of low-cost labor and raw materials has been a key contributing factor for the increased production of vehicles in the Asia Pacific. For instance, in 2018, China was recognized as the largest electric car manufacturer. Additionally, the growing population and increasing disposable income have led to increase in automobile sales. The high demand for premium and luxury electric vehicles, especially in developing economies such as India and China, is expected to further drive the market growth for automotive e-axles.

The electric vehicle market growth is primarily driven by the development of public EV charging infrastructure. As such, numerous nations have been promoting the installation of charging infrastructure at public places. The development of charging facilities is a lucrative business opportunity for both government and private sector companies, which, in turn, is likely to drive the growth of electric cars and automotive electric axle drive market. Other factors driving the market growth include various regulations and policies introduced by governments to increase the adoption of electric vehicles.

A keen focus toward research and development in the automotive e-axle technology has resulted in the reduction of overall assembly weight and imparted an effective and compact design. The enhanced design has enabled integrators to accommodate more batteries, which eventually extends the ferry range of electric vehicles. Prominent players are focusing on developing a series of new products that are suited for various vehicle platforms. For instance, in January 2019, BorgWarner launched an integrated automotive e-axle named iDM. The newly-developed product comes in three different versions and is suited for both front and rear applications of passenger cars and light commercial vehicles.

Further key findings from the report suggest:

• The North American passenger car e-axle market was valued at USD 1,139.0 million in 2018 and is expected to register a CAGR of 15.8% over the forecast period

• The Mexican passenger car e-axle segment is estimated to be the fastest growing in North America, registering a CAGR of 27.9% over the forecast period

• By application, the U.K. passenger car e-axle segment dominated the front type segment in 2018 and is expected to reach USD 36.9 million by 2025, growing at CAGR of 66.7% over the forecast period

• The global market for automotive e-axle is consolidated in nature and is dominated by established players such as Dana Incorporated, Melrose Industries PLC, Robert Bosch GmbH, and Schaeffler AG

• Commercial vehicle e-axle market has gained momentum in terms of sales revenue in North America and Asia Pacific. In 2018, the market was dominated by the U.S. and China, which accounted for the majority market shares.

 Table of Contents

Chapter 1 Methodology and Scope
                    1.1 Information Procurement
                    1.2 Purchased Database
                        1.2.1 GVR'S Internal Database
                    1.3 Research Methodology
                    1.4 Research Scope & Assumptions
                    1.5 List of Data Sources
                        1.5.1 List Of Primary Sources
                        1.5.2 List Of Secondary Sources
                    1.6 List of Abbreviations

Chapter 2 Executive Summary
                    2.1 Market Snapshot
                        2.1.1 Passenger Car E-Axle Market, 2015 - 2025 (USD Thousand)
                        2.1.2 Passenger Car E-Axle Market, By Region, 2015 - 2025 (USD Thousand)
                        2.1.3 Passenger Car E-Axle Market, By Application, 2015 - 2025 (USD Thousand)
                        2.1.4 Commercial Vehicle E-Axle Market, By Region, 2015 - 2025 (USD Thousand)
                    2.2 Regional Takeaways
                        2.2.1 North America Automotive E-Axle Market
                        2.2.2 Europe Automotive E-Axle Market
                        2.2.3 Asia Pacific Automotive E-Axle Market

Chapter 3 Industry Outlook
                    3.1 Market Segmentation
                    3.2 Market Penetration & Growth Prospect Mapping
                    3.3 Market Variable Analysis
                        3.3.1 Market Driver Analysis
                            3.3.1.1 Instability in the Middle Eastern oil producing region
                            3.3.1.2 Increase in electric vehicle production and sales
                            3.3.1.3 Growing public EV charging infrastructure, subsidies, and tax exemptions
                        3.3.2 Market Restraints Analysis
                            3.3.2.1 Higher initial investment
                            3.3.2.2 Limited driving range
                    3.4 Business Environment Analysis Tool
                        3.4.1 Automotive E-Axle Market: Pest Analysis
                        3.4.2 Automotive E-Axle Market: Porter's Analysis
                    3.5 Global Key Company Analysis
                        3.5.1 Global Automotive E-Axle Market Ranking, 2018

Chapter 4 Passenger Car E-Axle Market Segment Analysis
                    4.1 Passenger Car E-Axle Market: Application and Region Segment Analysis
                    4.2 North America
                        4.2.1 North America Passenger Car E-Axle Market, By Country, 2015 - 2025 (USD Thousand)
                        4.2.2 North America Passenger Car E-Axle Market, By Application, 2015 - 2025 (USD Thousand)
                        4.2.3 U.S. Passenger Car E-Axle Market, By Application, 2015 - 2025 (USD Thousand)
                        4.2.4 Canada Passenger Car E-Axle Market, By Application, 2015 - 2025 (USD Thousand)
                        4.2.5 Mexico Passenger Car E-Axle Market, By Application, 2015 - 2025 (USD Thousand)
                    4.3 Europe
                        4.3.1 Europe Passenger Car E-Axle Market, By Country, 2015 - 2025 (USD Thousand)
                        4.3.2 Europe Passenger Car E-Axle Market, By Application, 2015 - 2025 (USD Thousand)
                        4.3.3 Germany Passenger Car E-Axle Market, By Application, 2015 - 2025 (USD Thousand)
                        4.3.4 U.K. Passenger Car E-Axle Market, By Application, 2015 - 2025 (USD Thousand)
                        4.3.5 France Passenger Car E-Axle Market, By Application, 2015 - 2025 (USD Thousand)
                    4.4 Asia Pacific
                        4.4.1 Asia Pacific Passenger Car E-Axle Market, By Country, 2015 - 2025 (USD Thousand)
                        4.4.2 Asia Pacific Passenger Car E-Axle Market, By Application, 2015 - 2025 (USD Thousand)
                        4.4.3 China Passenger Car E-Axle Market, By Application, 2015 - 2025 (USD Thousand)
                        4.4.4 India Passenger Car E-Axle Market, By Application, 2015 - 2025 (USD Thousand)
                        4.4.5 Japan Passenger Car E-Axle Market, By Application, 2015 - 2025 (USD Thousand)
                        4.4.6 South Korea Passenger Car E-Axle Market, By Application, 2015 - 2025 (USD Thousand)
                    4.5 Rest of the World
                        4.5.1 Rest Of The World Passenger Car E-Axle Market, By Application, 2015 - 2025 (USD Thousand)

Chapter 5 Commercial Vehicle E-Axle Market Segment Analysis
                    5.1 Commercial Vehicle E-Axle Market: Regional Segment Analysis
                    5.2 North America
                        5.2.1 North America Commercial Vehicle E-Axle Market, By Country, 2015 - 2025 (USD Thousand)
                    5.3 Europe
                        5.3.1 Europe Commercial Vehicle E-Axle Market, By Country, 2015 - 2025 (USD Thousand)
                    5.4 Asia Pacific
                        5.4.1 Asia Pacific Commercial Vehicle E-Axle Market, By Country, 2015 - 2025 (USD Thousand)
                    5.5 Rest of the World
                        5.5.1 Rest Of The World Commercial Vehicle E-Axle Market, By Country, 2015 - 2025 (USD Thousand)

Chapter 6 Competitive Landscape
                    6.1 Continental AG
                        6.1.1 Company Overview
                        6.1.2 Financial Performance
                        6.1.3 Product Benchmarking
                        6.1.4 Swot Analysis
                        6.1.5 Strategic Initiatives
                    6.2 Dana Incorporated
                        6.2.1 Company Overview
                        6.2.2 Financial Performance
                        6.2.3 Product Benchmarking
                        6.2.4 Swot Analysis
                        6.2.5 Strategic Initiatives
                    6.3 Melrose Industries PLC (GKN plc)
                        6.3.1 Company Overview
                        6.3.2 Financial Performance
                        6.3.3 Product Benchmarking
                        6.3.4 Strategic Initiatives
                    6.4 Robert Bosch GmbH
                        6.4.1 Company Overview
                        6.4.2 Financial Performance
                        6.4.3 Product Benchmarking
                        6.4.4 Swot Analysis
                        6.4.5 Strategic Initiatives
                    6.5 ZF Friedrichshafen AG
                        6.5.1 Company Overview
                        6.5.2 Financial Performance
                        6.5.3 Product Benchmarking
                        6.5.4 Swot Analysis
                        6.5.5 Strategic Initiatives
                    6.6 Schaeffler AG
                        6.6.1 Company Overview
                        6.6.2 Financial Performance
                        6.6.3 Product Benchmarking
                        6.6.4 Strategic Initiatives
                    6.7 Magna International Inc.
                        6.7.1 Company Overview
                        6.7.2 Financial Performance
                        6.7.3 Product Benchmarking
                        6.7.4 Swot Analysis
                        6.7.5 Strategic Initiatives
                    6.8 Nidec Corporation
                        6.8.1 Company Overview
                        6.8.2 Financial Performance
                        6.8.3 Product Benchmarking
                        6.8.4 Swot Analysis
                        6.8.5 Strategic Initiatives
                    6.9 Linamar Corporation
                        6.9.1 Company Overview
                        6.9.2 Financial Performance
                        6.9.3 Product Benchmarking
                        6.9.4 Swot Analysis
                    6.10 AxleTech
                        6.10.1 Company Overview
                        6.10.2 Financial Performance
                        6.10.3 Product Benchmarking
                        6.10.4 Strategic Initiatives

List of Tables

Table 1 List of abbreviation
Table 2 Passenger car e-axle market, 2015 - 2025 (USD Thousand)
Table 3 Passenger car e-axle market, by region, 2015 - 2025 (USD Thousand)
Table 4 Passenger car e-axle market, by application, 2015 - 2025 (USD Thousand)
Table 5 Commercial vehicle e-axle market, by region, 2015 - 2025 (USD Thousand)
Table 6 North America passenger car e-axle market, by country, 2015 - 2025 (USD Thousand)
Table 7 North America passenger car e-axle market, by application, 2015 - 2025 (USD Thousand)
Table 8 U.S. passenger car e-axle market, by application, 2015 - 2025 (USD Thousand)
Table 9 Canada passenger car e-axle market, by application, 2015 - 2025 (USD Thousand)
Table 10 Mexico passenger car e-axle market, by application, 2015 - 2025 (USD Thousand)
Table 11 Europe passenger car e-axle market, by country, 2015 - 2025 (USD Thousand)
Table 12 Europe passenger car e-axle market, by application, 2015 - 2025 (USD Thousand)
Table 13 Germany passenger car e-axle market, by application, 2015 - 2025 (USD Thousand)
Table 14 U.K. passenger car e-axle market, by application, 2015 - 2025 (USD Thousand)
Table 15 France passenger car e-axle market, by application, 2015 - 2025 (USD Thousand)
Table 16 Asia Pacific passenger car e-axle market, by country, 2015 - 2025 (USD Thousand)
Table 17 Asia Pacific passenger car e-axle market, by application, 2015 - 2025 (USD Thousand)
Table 18 China passenger car e-axle market, by application, 2015 - 2025 (USD Thousand)
Table 19 India passenger car e-axle market, by application, 2015 - 2025 (USD Thousand)
Table 20 Japan passenger car e-axle market, by application, 2015 - 2025 (USD Thousand)
Table 21 South Korea passenger car e-axle market, by application, 2015 - 2025 (USD Thousand)
Table 22 RoW passenger car e-axle market, by application, 2015 - 2025 (USD Thousand)
Table 23 North America commercial vehicle e-axle market, by country, 2015 - 2025 (USD Thousand)
Table 24 Europe commercial vehicle e-axle market, by country, 2015 - 2025 (USD Thousand)
Table 25 Asia Pacific commercial vehicle e-axle market, by country, 2015 - 2025 (USD Thousand)
Table 26 RoW commercial vehicle e-axle market, by country, 2015 - 2025 (USD Thousand)

List of Figures

Fig. 1 Market research process
Fig. 2 Information procurement
Fig. 3 Automotive e-axle market snapshot
Fig. 4 North America regional snapshot
Fig. 5 Europe regional snapshot
Fig. 6 Asia Pacific regional snapshot
Fig. 7 Automotive e-axle market segmentation
Fig. 8 Automotive e-axle market: Penetration & growth prospect mapping
Fig. 9 Automotive e-axle market driver analysis
Fig. 10 Automotive e-axle market restraint analysis
Fig. 11 Automotive e-axle market: PEST analysis
Fig. 12 Automotive e-axle market: Porter's analysis
Fig. 13 Passenger car e-axle market, by region, 2018 Vs 2025
Fig. 14 Commercial vehicle e-axle market, by region, 2018 Vs 2025