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Europe OEM Electric Drive Unit (EDU) Market Share

Report ID: GMI11360
Published Date: Sep 2024
Report Format: PDF

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Europe OEM Electric Drive Unit Market Share

Leading market players such as BorgWarner Inc., GKN Automotive Limited, LG Magna e-Powertrain, Schaeffler AG, and Vitesco Technologies GmbH are dominant manufacturers in the market. Their leadership is driven by factors including strong brand reputation, continuous technological innovation, reliability, and high levels of customer satisfaction, solidifying their position as preferred manufacturers and suppliers in the industry.

Europe OEM Electric Drive Unit Market Companies

Some of the key market players operating across the Europe OEM electric drive unit industry are:

Aisin Corporation
AVL
BorgWarner Inc.
C.F.R. Srl.
DANA TM4 INC.
ElringKlinger AG
Equipmake
FRIWO Gerätebau GmbH
GKN Automotive Limited
hofer powertrain
Integral Powertrain Limited
LG Magna e-Powertrain
Magna International Inc.
Magnetic Systems Technology Limited
MAHLE Polska Sp. z o.o
Nidec Corporation
Punch Powertrain nv
Robert Bosch GmbH
Saietta Group
Schaeffler AG
Vitesco Technologies GmbH
Voith GmbH & Co. KGaA
ZF Friedrichshafen AG
Zytek Automotive Ltd

Authors: Preeti Wadhwani, Aishvarya Ambekar

Frequently Asked Questions (FAQ) :

The market size for OEM electric drive unit (EDU) in Europe reached USD 4 billion in 2023 and will grow at over 22.9% CAGR from 2024 to 2032, owing to the increasing stricter emission norms and plans from several countries.

The BEV segment is projected to surpass over USD 10.5 billion by 2032, due to the ongoing advancements in enhancing battery performance.

Germany market is anticipated to surpass USD 7.5 billion by 2032, attributed to the country's established automotive sector.

Aisin Corporation, AVL, BorgWarner Inc., C.F.R. Srl., DANA TM4 INC., ElringKlinger AG, Equipmake, FRIWO Ger