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The Automotive E-Axle Market is expected to reach USD 111.84 Bn by 2030, the base value of the market was recorded USD 12.73 Bn in 2022, the CAGR is expected to be 31.2% over the forecast period of 2023-2030.

E-axles are small, multi-component modules that save room in the vehicle's chassis. This makes it possible to create more adaptable vehicle designs and packaging, as well as to make room for batteries. By combining the motor and transmission, they are able to minimise the number of moving parts in the powertrain system. This may result in greater dependability and less need for maintenance. E-axles can increase powertrain efficiency by lowering the energy losses connected to conventional powertrains. Internal combustion engines are less efficient at delivering power across a larger RPM range than electric motors. Regenerative braking systems, which can be included into E-axles, absorb and transform kinetic energy into electricity during braking, improving overall energy efficiency. E-axles can improve a vehicle's performance by delivering rapid torque and smooth power distribution, which helps the car accelerate quickly and handle well. E-axles in fully electric cars contribute zero to the reduction of greenhouse gas emissions and the fight against climate change.

Automotive E-axle Market Revenue Analysis

E-axles are versatile and can be made to match a variety of vehicle platforms and power needs, making them suited for a variety of vehicle types, from compact cars to SUVs. E-axles can be used to power both the front and back axles of a car, enabling all-wheel drive (AWD) without the need for a separate mechanical connection. Advanced e-axle systems can offer torque vectoring, which distributes torque to individual wheels as efficiently as possible, increasing vehicle stability.

Market Dynamics

Driver

  • Growth of the electric vehicle (EV) market

E-axle development is mostly fuelled by the rising demand for electric vehicles, which is fuelled by environmental concerns, governmental laws, and customer interest in clean and efficient transportation. An essential part of EV powertrains are e-axles. Automakers are being pushed to electrify their fleets of vehicles as a result of strict fuel economy and pollution regulations in several areas. E-axles increase powertrain efficiency and save emissions, which help to satisfy these regulations. E-axles contribute to extending the driving range of electric cars. They contribute to extending the range that electric vehicles can travel on a single charge by optimising power delivery and raising energy efficiency, which is a major concern for consumers.

Restrain

  • The high cost

Opportunity

Due to considerations including cheaper operating costs, a less environmental impact, and improved charging infrastructure, consumer interest in electric vehicles is rising. To meet this demand, automakers release more e-axle-equipped electric car models. The shift towards electrification in the car sector is motivated by worries about air quality and climate change. E-axles aid in lowering air pollution and greenhouse gas emissions. The creation of more effective and compact e-axles is made possible by ongoing developments in material science, electric motor, and power electronics technology.

Challenge

  • The infrastructure issues and the complexity.

Impact of Recession

Due to considerations including cheaper operating costs, a less environmental impact, and improved charging infrastructure, consumer interest in electric vehicles is rising. To meet this demand, automakers release more e-axle-equipped electric car models. The shift towards electrification in the car sector is motivated by worries about air quality and climate change. E-axles aid in lowering air pollution and greenhouse gas emissions. The creation of more effective and compact e-axles is made possible by ongoing developments in material science, electric motor, and power electronics technology.

Impact of Russia Ukraine

Economic instability brought on by geopolitical conflicts can make it more difficult for companies that build e-axles to get funding for R&D and manufacturing growth. Unfavourable news about global events may affect the attitudes of consumers and investors. Consumers may be hesitant to purchase electric vehicles, and investors may be more cautious about investing in electric vehicle technologies.

To reduce the risks to the supply chain, several automakers may think about moving production and component sourcing out of conflict-ridden areas. This may have an effect on current e-axle production processes. Due to supply chain disruptions and economic uncertainties brought on by geopolitical crises, smaller electric vehicle startups may be especially vulnerable. They may have difficulties in creating electric vehicles with e-axles.

Market Segmentation

By Electric Vehicle Type

  • BEV

  • PHEV

By Vehicle Type

  • Passenger Cars

  • Commercial vehicles

By Drive Type

  • All Wheel Drive

  • Front Wheel Type

  • Rear Wheel Drive

Automotive E-axle Market Segmentation Analysis

Regional Coverage

North America

  • US

  • Canada

  • Mexico

Europe

  • Eastern Europe

    • Poland

    • Romania

    • Hungary

    • Turkey

    • Rest of Eastern Europe

  • Western Europe

    • Germany

    • France

    • UK

    • Italy

    • Spain

    • Netherlands

    • Switzerland

    • Austria

    • Rest of Western Europe

Asia Pacific

  • China

  • India

  • Japan

  • South Korea

  • Vietnam

  • Singapore

  • Australia

  • Rest of Asia Pacific

Middle East & Africa

  • Middle East

    • UAE

    • Egypt

    • Saudi Arabia

    • Qatar

    • Rest of Middle East

  • Africa

    • Nigeria

    • South Africa

    • Rest of Africa

Latin America

  • Brazil

  • Argentina

  • Colombia

  • Rest of Latin America

Regional Analysis

The adoption of electric vehicles has significantly increased in North America, especially in the United States, thanks to customer demand, environmental concerns, and government incentives. As manufacturers engage in electrified vehicle models, e-axle technology is becoming more and more important in the area. Mexico and Canada both have expanding markets for electric vehicles. Particularly in Canada, there has been a growth in demand for electric vehicles, and Mexico is a significant centre for the production of automotive parts, particularly e-axles.

APAC is the region which will be dominating the region because the world's largest and fastest-growing market for electric vehicles is China. The region's e-axles have been developed and produced as a result of the Chinese government's promotion of EV adoption and incentives for automakers.

To meet domestic and global demand, Japanese automakers are investing in electric and hybrid vehicle technology, including e-axles. Home to significant automakers with an emphasis on electrification, South Korea is a crucial market for e-axle technology. As more automakers release electrified models, the Indian market for electric vehicles is rapidly expanding, and e-axles are becoming increasingly significant. A number of Southeast Asian nations are only beginning to adopt electric vehicles, and e-axle technology is expected to contribute to the region's expanding electric vehicle market.

Key Players

The major key players are Dana Limited, Robert Bosch, Nidec Corporation, Continental AG, ZF Friedrichshafen AG, GKN Automotive Limited, Schaeffler AG, AxleTech, Linamar Corporation, Magna International and others.

Dana Limited-Company Financial Analysis

Recent Development

Dana Limited: The company has launched e-Axles for class 7 & 8 vehicles, the objective behind the product development is to expand commercially available heavy duty powertrain offerings.

Nidec Corporation: Nidec and Renesas has strategically collaborated to increase the production of semiconductor solution for the next generation E-axle.

Automotive E-axle Market Report Scope:
Report Attributes Details
Market Size in 2022  US$ 12.73 Bn
Market Size by 2030  US$ 111.84 Bn
CAGR   CAGR of 31.02 % From 2023 to 2030
Base Year 2022
Forecast Period  2023-2030
Historical Data 2019-2021
Report Scope & Coverage Market Size, Segments Analysis, Competitive  Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
Key Segments • by Electric Vehicle Type (BEV, PHEV),
• By Vehicle Type (Passenger Cars, Commercial vehicles),
• By Drive Type (All Wheel Drive, Front Wheel Type, Rear Wheel Drive),
Regional Analysis/Coverage North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]), Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia Rest of Latin America)
Company Profiles Dana Limited, Robert Bosch, Nidec Corporation, Continental AG, ZF Friedrichshafen AG, GKN Automotive Limited, Schaeffler AG, AxleTech, Linamar Corporation, Magna International
Key Drivers • Growth of the electric vehicle (EV) market
Market Restraints • The infrastructure issues and the complexity. 

 

Frequently Asked Questions

Ans:  The Automotive E-Axle Market is expected to grow at a CAGR of 31.2 %.

Ans: The Automotive E-Axle Market is expected to reach USD 111.84 Bn by 2030, the base value of the market was recorded USD 12.73 Bn in 2022, the CAGR is expected to be 31.2% over the forecast period of 2023-2030.

Ans: Growth of the electric vehicle (EV) market

Ans: The infrastructure issues and the complexity.

Ans: APAC overtook other regional markets as the largest market for Automotive E-Axle, with the highest revenue share.

Table of Contents

1. Introduction

1.1 Market Definition

1.2 Scope

1.3 Research Assumptions

2. Research Methodology

3. Market Dynamics

3.1 Drivers

3.2 Restraints

3.3 Opportunities

3.4 Challenges

4. Impact Analysis

4.1 Impact of Russia-Ukraine war

4.2 Impact of Ongoing Recession

4.2.1 Introduction

4.2.2 Impact on major economies

4.2.2.1 US

4.2.2.2 Canada

4.2.2.3 Germany

4.2.2.4 France

4.2.2.5 United Kingdom

4.2.2.6 China

4.2.2.7 Japan

4.2.2.8 South Korea

4.2.2.9 Rest of the World

5. Value Chain Analysis

6. Porter’s 5 forces model

7. PEST Analysis

8. Automotive E-Axle Market, By Electric Vehicle Type  

8.1 BEV

8.2 PHEV

9. Automotive E-Axle Market, By Vehicle Type

9.1 Passenger Cars

9.2 Commercial Cars

10. Automotive E-Axle Market, By Drive Type

10.1 All-Wheel Drive

10.2 Front Wheel Drive

10.3 Rear Wheel Drive

11. Regional Analysis

11.1 Introduction

11.2 North America

11.2.1 North America Automotive E-Axle Market by Country

11.2.2North America Automotive E-Axle Market by Electric Vehicle Type

11.2.3 North America Automotive E-Axle Market by Vehicle Type

11.2.4 North America Automotive E-Axle Market by Drive Type

11.2.5 USA     

11.2.5.1 USA Automotive E-Axle Market by Electric Vehicle Type

11.2.5.2 USA Automotive E-Axle Market by Vehicle Type

11.2.5.3 USA Automotive E-Axle Market by Drive Type

11.2.6 Canada

11.2.6.1 Canada Automotive E-Axle Market by Electric Vehicle Type    

11.2.6.2 Canada Automotive E-Axle Market by Vehicle Type

11.2.6.3 Canada Automotive E-Axle Market by Drive Type

11.2.7 Mexico

11.2.7.1 Mexico Automotive E-Axle Market by Electric Vehicle Type     

11.2.7.2 Mexico Automotive E-Axle Market by Vehicle Type

11.2.7.3 Mexico Automotive E-Axle Market by Drive Type

11.3 Europe

11.3.1 Eastern Europe

11.3.1.1 Eastern Europe Automotive E-Axle Market by country

11.3.1.2 Eastern Europe Automotive E-Axle Market by Electric Vehicle Type  

11.3.1.3 Eastern Europe Automotive E-Axle Market by Vehicle Type

11.3.1.4 Eastern Europe Automotive E-Axle Market by Drive Type

11.3.1.5 Poland

11.3.1.5.1 Poland Automotive E-Axle Market by Electric Vehicle Type  

11.3.1.5.2 Poland Automotive E-Axle Market by Vehicle Type

11.3.1.5.3 Poland Automotive E-Axle Market by Drive Type

11.3.1.6 Romania

11.3.1.6.1 Romania Automotive E-Axle Market by Electric Vehicle Type           

11.3.1.6.2 Romania Automotive E-Axle Market by Vehicle Type

11.3.1.6.4 Romania Automotive E-Axle Market by Drive Type

11.3.1.7 Turkey

11.3.1.7.1 Turkey Automotive E-Axle Market by Electric Vehicle Type

11.3.1.7.2 Turkey Automotive E-Axle Market by Vehicle Type

11.3.1.7.3 Turkey Automotive E-Axle Market by Drive Type

11.3.1.8 Rest of Eastern Europe

11.3.1.8.1 Rest of Eastern Europe Automotive E-Axle Market by Electric Vehicle Type

11.3.1.8.2 Rest of Eastern Europe Automotive E-Axle Market by Vehicle Type

11.3.1.8.3 Rest of Eastern Europe Automotive E-Axle Market by Drive Type

11.3.2 Western Europe 

11.3.2.1 Western Europe Automotive E-Axle Market by Country

11.3.2.2 Western Europe Automotive E-Axle Market by Electric Vehicle Type

11.3.2.3 Western Europe Automotive E-Axle Market by Vehicle Type

11.3.2.4 Western Europe Automotive E-Axle Market by Drive Type 

11.3.2.5 Germany

11.3.2.5.1 Germany Automotive E-Axle Market by Electric Vehicle Type          

11.3.2.5.2 Germany Automotive E-Axle Market by Vehicle Type

11.3.2.5.3 Germany Automotive E-Axle Market by Drive Type

11.3.2.6 France 

11.3.2.6.1 France Automotive E-Axle Market by Electric Vehicle Type

11.3.2.6.2 France Automotive E-Axle Market by Vehicle Type

11.3.2.6.3 France Automotive E-Axle Market by Drive Type

11.3.2.7 UK

11.3.2.7.1 UK Automotive E-Axle Market by Electric Vehicle Type

11.3.2.7.2 UK Automotive E-Axle Market by Vehicle Type

11.3.2.7.3 UK Automotive E-Axle Market by Drive Type

11.3.2.8 Italy

11.3.2.8.1 Italy Automotive E-Axle Market by Electric Vehicle Type      

11.3.2.8.2 Italy Automotive E-Axle Market by Vehicle Type

11.3.2.8.3 Italy Automotive E-Axle Market by Drive Type

11.3.2.9 Spain

11.3.2.9.1 Spain Automotive E-Axle Market by Electric Vehicle Type

11.3.2.9.2 Spain Automotive E-Axle Market by Vehicle Type

11.3.2.9.3 Spain Automotive E-Axle Market by Drive Type

11.3.2.10 Netherlands

11.3.2.10.1 Netherlands Automotive E-Axle Market by Electric Vehicle Type   

11.3.2.10.2 Netherlands Automotive E-Axle Market by Vehicle Type

11.3.2.10.3 Netherlands Automotive E-Axle Market by Test Type

11.3.2.11 Switzerland

11.3.2.11.1 Switzerland Automotive E-Axle Market by Electric Vehicle Type   

11.3.2.11.2 Switzerland Automotive E-Axle Market by Vehicle Type

11.3.2.11.3 Switzerland Automotive E-Axle Market by Drive Type

11.3.2.1.12 Austria 

11.3.2.12.1 Austria Automotive E-Axle Market by Electric Vehicle Type

11.3.2.12.2 Austria Automotive E-Axle Market by Vehicle Type

11.3.2.12.3 Austria Automotive E-Axle Market by Drive Type

11.3.2.13 Rest of Western Europe

11.3.2.13.1 Rest of Western Europe Automotive E-Axle Market by Electric Vehicle Type

11.3.2.13.2 Rest of Western Europe Automotive E-Axle Market by Vehicle Type

11.3.2.13.3 Rest of Western Europe Automotive E-Axle Market by Drive Type

11.4 Asia-Pacific

11.4.1 Asia-Pacific Automotive E-Axle Market by country

11.4.2 Asia-Pacific Automotive E-Axle Market by Electric Vehicle Type

11.4.3 Asia-Pacific Automotive E-Axle Market by Vehicle Type

11.4.4 Asia-Pacific Automotive E-Axle Market by Drive Type

11.4.5 China

11.4.5.1 China Automotive E-Axle Market by Electric Vehicle Type       

11.4.5.2 China Automotive E-Axle Market by Drive Type

11.4.5.3 China Automotive E-Axle Market by Vehicle Type

11.4.6 India

11.4.6.1 India Automotive E-Axle Market by Electric Vehicle Type

11.4.6.2 India Automotive E-Axle Market by Vehicle Type

11.4.6.3 India Automotive E-Axle Market by Drive Type

11.4.7 Japan

11.4.7.1 Japan Automotive E-Axle Market by Electric Vehicle Type

11.4.7.2 Japan Automotive E-Axle Market by Vehicle Type

11.4.7.3 Japan Automotive E-Axle Market by Drive Type

11.4.8 South Korea

11.4.8.1 South Korea Automotive E-Axle Market by Electric Vehicle Type

11.4.8.2 South Korea Automotive E-Axle Market by Vehicle Type

11.4.8.3 South Korea Automotive E-Axle Market by Drive Type

11.4.9 Vietnam

11.4.9.1 Vietnam Automotive E-Axle Market by Electric Vehicle Type

11.4.9.2 Vietnam Automotive E-Axle Market by Vehicle Type

11.4.9.3 Vietnam Automotive E-Axle Market by Drive Type

11.4.10 Singapore

11.4.10.1 Singapore Automotive E-Axle Market by Electric Vehicle Type

11.4.10.2 Singapore Automotive E-Axle Market by Vehicle Type

11.4.10.3 Singapore Automotive E-Axle Market by Drive Type                                   

11.4.11 Australia

11.4.11.1 Australia Automotive E-Axle Market by Electric Vehicle Type

11.4.11.2 Australia Automotive E-Axle Market by Vehicle Type

11.4.11.3 Australia Automotive E-Axle Market by Drive Type

11.4.12 Rest of Asia-Pacific

11.4.12.1 Rest of Asia-Pacific Automotive E-Axle Market by Electric Vehicle Type

11.4.12.2 Rest of Asia-Pacific Automotive E-Axle Market by Vehicle Type

11.4.12.3 Rest of Asia-Pacific Automotive E-Axle Market by Test Type

11.5 Middle East & Africa

11.5.1 Middle East

11.5.1.1 Middle East Automotive E-Axle Market by country

11.5.1.2 Middle East Automotive E-Axle Market by Electric Vehicle Type

11.5.1.3 Middle East Automotive E-Axle Market by Vehicle Type

11.5.1.4 Middle East Automotive E-Axle Market by Drive Type

11.5.1.5 UAE

11.5.1.5.1 UAE Automotive E-Axle Market by Electric Vehicle Type

11.5.1.5.2 UAE Automotive E-Axle Market by Vehicle Type

11.5.1.5.3 UAE Automotive E-Axle Market by Drive Type

11.5.1.6 Egypt

11.5.1.6.1 Egypt Automotive E-Axle Market by Electric Vehicle Type

11.5.1.6.2 Egypt Automotive E-Axle Market by Vehicle Type

11.5.1.6.3 Egypt Automotive E-Axle Market by Drive Type

11.5.1.7 Saudi Arabia 

11.5.1.7.1 Saudi Arabia Automotive E-Axle Market by Electric Vehicle Type

11.5.1.7.2 Saudi Arabia Automotive E-Axle Market by Vehicle Type

11.5.1.7.3 Saudi Arabia Automotive E-Axle Market by Drive Type

11.5.1.8 Qatar

11.5.1.8.1 Qatar Automotive E-Axle Market by Electric Vehicle Type

11.5.1.8.2 Qatar Automotive E-Axle Market by Vehicle Type

11.5.1.8.3 Qatar Automotive E-Axle Market by Drive Type

11.5.1.9 Rest of Middle East

11.5.1.9.1 Rest of Middle East Automotive E-Axle Market by Electric Vehicle Type

11.5.1.9.2 Rest of Middle East Automotive E-Axle Market by Vehicle Type

11.5.1.9.3 Rest of Middle East Automotive E-Axle Market by Drive Type

11.5.2 Africa

11.5.2.1 Africa Transfusion Diagnostics Market by country

11.5.2.2 Africa Automotive E-Axle Market by Electric Vehicle Type

11.5.2.3 Africa Automotive E-Axle Market by Vehicle Type

11.5.2.4 Africa Automotive E-Axle Market by Drive Type

11.5.2.5 Nigeria

11.5.2.5.1 Nigeria Automotive E-Axle Market by Electric Vehicle Type

11.5.2.5.2 Nigeria Automotive E-Axle Market by Vehicle Type

11.5.2.5.3 Nigeria Automotive E-Axle Market by Drive Type

11.5.2.6 South Africa

11.5.2.6.1 South Africa Automotive E-Axle Market by Electric Vehicle Type

11.5.2.6.2 South Africa Automotive E-Axle Market by Vehicle Type

11.5.2.6.3 South Africa Automotive E-Axle Market by Drive Type

11.5.2.7 Rest of Africa

11.5.2.7.1 Rest of Africa Automotive E-Axle Market by Electric Vehicle Type

11.5.2.7.2 Rest of Africa Automotive E-Axle Market by Vehicle Type

11.5.2.7.3 Rest of Africa Automotive E-Axle Market by Test type

11.6 Latin America

11.6.1 Latin America Automotive E-Axle Market by country

11.6.2 Latin America Automotive E-Axle Market by Electric Vehicle Type

11.6.3 Latin America Automotive E-Axle Market by Technique

11.6.4 Latin America Automotive E-Axle Market by Drive Type

11.6.5 Brazil

11.6.5.1 Brazil America Automotive E-Axle by Electric Vehicle Type

11.6.5.2 Brazil America Automotive E-Axle by Technique

11.6.5.3 Brazil America Automotive E-Axle by Drive Type

11.6.6 Argentina

11.6.6.1 Argentina America Automotive E-Axle by Electric Vehicle Type

11.6.6.2 Argentina America Automotive E-Axle by Technique

11.6.6.3 Argentina America Automotive E-Axle by Drive Type

11.6.7 Colombia

11.6.7.1 Colombia America Automotive E-Axle by Electric Vehicle Type

11.6.7.2 Colombia America Automotive E-Axle by Technique

11.6.7.3 Colombia America Automotive E-Axle by Drive Type

11.6.8 Rest of Latin America

11.6.8.1 Rest of Latin America Automotive E-Axle by Electric Vehicle Type

11.6.8.2 Rest of Latin America Automotive E-Axle by Technique

11.6.8.3 Rest of Latin America Automotive E-Axle by Drive Type

12 Company profile

12.1 Dana Limited

12.1.1 Company Overview

12.1.2 Financial

12.1.3 Products/ Services Offered

12.1.4 SWOT Analysis

12.1.5 The SNS View

12.2 Robert Bosch

12.2.1 Company Overview

12.2.2 Financials

12.2.3 Product/Services Offered

12.2.4 SWOT Analysis

12.2.5 The SNS View

12.3 Nidec Corporation

12.3.1 Company Overview

12.3.2 Financials

12.3.3 Product/Services Offered

12.3.4 SWOT Analysis

12.3.5 The SNS View

12.4 Continental AG

12.4.1 Company Overview

12.4.2 Financials

12.4.3 Product/Services Offered

12.4.4 SWOT Analysis

12.4.5 The SNS View

12.5 ZF Friedrichshafen

12.5.1 Company Overview

12.5.2 Financials

12.5.3 Product/Services Offered

12.5.4 SWOT Analysis

12.5.5 The SNS View

12.6 GKN Automotive Limited

12.6.1 Company Overview

12.6.2 Financials

12.6.3 Product/Services Offered

12.6.4 SWOT Analysis

12.6.5 The SNS View

12.7 Schaeffler AG

12.7.1 Company Overview

12.7.2 Financials

12.7.3 Product/Services Offered

12.7.4 SWOT Analysis

12.7.5 The SNS View

12.8 AxleTech

12.8.1 Company Overview

12.8.2 Financials

12.8.3 Product/Services Offered

12.8.4 SWOT Analysis

12.8.5 The SNS View

12.9 Linamar Corporation

12.9.1 Company Overview

12.9.2 Financials

12.9.3 Product/Services Offered

12.9.4 SWOT Analysis

12.9.5 The SNS View

12.10 Magna International

12.10.1 Company Overview

12.10.2 Financials

12.10.3 Product/Services Offered

12.10.4 SWOT Analysis

12.10.5 The SNS View

13. Competitive Landscape

13.1 Competitive Bench marking

13.2 Market Share Analysis

13.3 Recent Developments

            13.3.1 Industry News

            13.3.2 Company News

            13.3.3 Mergers & Acquisitions

14. Use Case and Best Practices

15. Conclusion

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Data Bank Validation

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