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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
How big is the Germany OEM electric drive unit industry?
Germany market is anticipated to surpass USD 7.5 billion by 2032, attributed to the country's established automotive sector.
Why is the demand for OEM electric drive units rising in BEV growing in Europe?
The BEV segment is projected to surpass over USD 10.5 billion by 2032, due to the ongoing advancements in enhancing battery performance.
What is the size of the Europe OEM electric drive unit market?
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.
Mention the key players involved in Europe OEM electric drive unit market?
Aisin Corporation, AVL, BorgWarner Inc., C.F.R. Srl., DANA TM4 INC., ElringKlinger AG, Equipmake, FRIWO Ger