A Smart Electric Drive is an advanced integrated version of the conventional electric drive system. Smart e-Drive uses the battery as a power source and provides direct transmission in the vehicle which makes driving smooth and safe on the road. The smart e-Drive includes a battery, motor generator, electric brake booster, and power booster. It provides efficient driving by saving energy.
Europe is estimated to be the fastest growing market during the forecast period. In Europe, the growth of the smart electric drive market has been observed owing to strict government norms on emissions, a large base of tier-1 and OEMs, and rapid development of charging infrastructure. North America is estimated to be the largest market during the period of study. The market growth in North America can be attributed to state-of-the-art technology, vehicle weight reduction, and increasing demand for green vehicles, which ultimately increases the application of smart electric drive.
The global Smart Electric Drive market was 370 million US$ in 2020 and is expected to 3610 million US$ by the end of 2027, growing at a CAGR of 33.1% between 2021 and 2027.
This report studies the Smart Electric Drive market size (value and volume) by players, regions, product types and end industries, history data 2017-2020 and forecast data 2020-2027; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
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Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Smart Electric Drive in these regions, from 2017 to 2027, covering
- North America (United States, Canada and Mexico)
- Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
- Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
- South America (Brazil etc.)
- Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
- GKN
- Magna
- Continental
- Siemens
- Schaeffler
- ZF
- Mahle
- Robert Bosch
- Borgwarner
- Hitachi
- Hyundai Mobis
- Aisin Seiki
- Infineon
- By the product type, the market is primarily split into
- Front wheel smart electric drive
- Rear wheel smart electric drive
- All wheel smart electric drive
- By the end users/application, this report covers the following segments
- Passenger Vehicles
- Commercial Vehicles
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We can also provide the customized separate regional or country-level reports, for the following regions:
North America
- United States
- Canada
- Mexico
Asia-Pacific
- China
- India
- Japan
- South Korea
- Australia
- Indonesia
- Singapore
- Malaysia
- Philippines
- Thailand
- Vietnam
- Rest of Asia-Pacific
Europe
- Germany
- France
- UK
- Italy
- Spain
- Russia
- Rest of Europe
Central & South America
- Brazil
- Rest of Central & South America
Middle East & Africa
GCC Countries
- Turkey
- Egypt
- South Africa
- Rest of Middle East & Africa
The study objectives of this report are:
To study and analyze the global Smart Electric Drive market size (value & volume) by company, key regions/countries, products and application, history data from 2017 to 2020, and forecast to 2027.
To understand the structure of Smart Electric Drive market by identifying its various subsegments.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
Focuses on the key global Smart Electric Drive manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Smart Electric Drive with respect to individual growth trends, future prospects, and their contribution to the total market.
To project the value and volume of Smart Electric Drive submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
In this study, the years considered to estimate the market size of Smart Electric Drive are as follows:
History Year: 2017-2020
Base Year: 2020
Estimated Year: 2020
Forecast Year 2021 to 2027
This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Smart Electric Drive market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2020 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Key Stakeholders
Raw material suppliers
Distributors/traders/wholesalers/suppliers
Regulatory bodies, including government agencies and NGO
Commercial research & development (R&D) institutions
Importers and exporters
Government organizations, research organizations, and consulting firms
Trade associations and industry bodies
End-use industries
Available Customizations
With the given market data, EternityInsights offers customizations according to the company's specific needs. The following customization options are available for the report:
Further breakdown of Smart Electric Drive market on basis of the key contributing countries.
Detailed analysis and profiling of additional market players.
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Smart Electric Drive market size will reach 3610 million US$ by 2025, from 370 million US$ in 2018, at a CAGR of 33.1% during the forecast period.A Smart Electric Drive is an advanced integrated version of the conventional electric drive system.
In Europe, the growth of the smart electric drive market has been observed owing to strict government norms on emissions, a large base of tier-1 and OEMs, and rapid development of charging infrastructure.
This industry study presents the global Smart Electric Drive market size, historical breakdown data (2014-2019) and forecast (2019-2025).
The Smart Electric Drive production, revenue and market share by manufacturers, key regions and type;The consumption of Smart Electric Drive in volume terms are also provided for major countries (or regions), and for each application and product at the global level.
Market share, growth rate, and competitive factors are also evaluated for market leaders GKN, Magna, etc.
The following manufacturers are covered in this report: GKNMagnaContinentalSiemensSchaefflerZFMahleRobert BoschBorgwarnerHitachiHyundai MobisAisin SeikiInfineon Smart Electric Drive Breakdown Data by Type Front wheel smart electric driveRear wheel smart electric driveAll wheel smart electric driveReport Sample includes:- Table of Contents- List of Tables & Figures- Charts- Research MethodologyGet FREE Sample of this Report at https://www.24marketreports.com/report-sample/global-smart-electric-drive-2025-109 Smart Electric Drive Breakdown Data by Application Passenger VehiclesCommercial Vehicles Smart Electric Drive Production by Region United StatesEuropeChinaJapanSouth KoreaIndiaOther Regions Smart Electric Drive Consumption by Region North AmericaUnited StatesCanadaMexicoAsia-PacificChinaIndiaJapanSouth KoreaAustraliaIndonesia The study objectives are: To analyze and research the global Smart Electric Drive status and future forecast?involving, production, revenue, consumption, historical and forecast.To present the key Smart Electric Drive manufacturers, production, revenue, market share, SWOT analysis and development plans in next few years.To segment the breakdown data by regions, type, manufacturers and applications.To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.To identify significant trends, drivers, influence factors in global and regions.To strategically analyze each submarket with respect to individual growth trend and their contribution to the market.To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
