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Companies including AVL, Aisin Corporation, BorgWarner Inc., DANA TM4INC., Equipmake, ElringKlinger AG, FRIWO Gerätebau GmbH are the key operating players in the BEV EDU market which includes using ethically sourced raw materials, developing recyclable components, and optimizing production processes to minimize waste to provide a glimpse into the diverse landscape of BEV EDU players.
Some of the key market players operating across the BEV electric drive unit industry are:
The OEM segment in the BEV electric drive unit industry will exceed USD 39.5 billion by 2032, driven by surging EV demand along with rising concerns to reduce the conventional fuel vehicles.
The market size of BEV electric drive unit reached USD 8.7 billion in 2023 and will witness 22.7% CAGR from 2024 to 2032, owing to factors including stricter emission regulations, rising consumer preference for eco-friendly transportation
Asia Pacific market is anticipated to grow at over USD 30 billion by 2032, led by rising production capacity for BEVs and advancements in battery technology.
Magnetic Systems Technology Limited, MAHLE Polska Sp. z o.o, Nidec Corporation, Nissan Motor, Punch Powertrain nv, Robert Bosch GmbH, Saietta Group, and Schaeffler AG among others.