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Electric Vehicle E-Axle Market Share

Report ID: GMI6908
Published Date: Oct 2023
Report Format: PDF

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Electric Vehicle E-Axle Market Share

Major players operating in the electric vehicle e-axle industry are:

BorgWarner Inc.
Continental AG
Dana Incorporated
Nidec Corporation
Robert Bosch GmbH
Siemens
ZF Friedrichshafen

BorgWarner Inc., Continental AG, Dana Incorporated, Robert Bosch GmbH and ZF Friedrichshafen are some of the major players in the electric e-axle market, holding major market share. These companies are involved in the development of electric e-axle systems aligns with the industry trend of integrating electric motors, power electronics, and transmissions into a single unit to enhance the efficiency and performance of electric vehicles.

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market size of electric vehicle e-axle was worth USD 36.4 billion in 2022 and is anticipated to observe over 17% CAGR between 2023 and 2032.

The hybrid segment held major market share in 2022. The adoption of hybrid propulsion systems in the electric vehicle e-axle market is primarily driven by their ability to significantly enhance vehicle efficiency and extend driving range.

Asia Pacific EV e-axle market was valued at USD 16.6 billion in 2022 and is anticipated to grow through 2032, owing to the increasing production of e-axles for passenger vehicles in the region.

BorgWarner Inc., Continental AG, Dana Incorporated, Nidec Corporation, Robert Bosch GmbH, Siemens, and ZF Friedrichshafen.