The smart electric drive market would grow at a CAGR of 33.28% over the predicted time frame. The market is expected to increase in value from US$ 1.6 Bn in 2022 to US$ 15.92 Bn in 2030.
The on smart electric drive Market, which provides a business strategy, research & development activities, concise outline of the market valuation, valuable insights pertaining to market share, size, supply chain analysis, competitive landscape and regional proliferation of this industry.
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Report Scope of the Smart Electric Drive Market
| Report Coverage | Details |
| Market Size in 2022 | USD 1.6 Billion |
| Market Size by 2030 | USD 15.92 Billion |
| Growth Rate from 2022 to 2030 | CAGR of 33.28% |
| Base Year | 2021 |
| Forecast Period | 2022 to 2030 |
| Segments Covered | Vehicle Type, EV Type, Application, Component, Drive Type, Commercial Vehicle Type, 2-Wheeler Type and Geography |
A recent report provides crucial insights along with application based and forecast information in the Global Smart electric drive Market. The report provides a comprehensive analysis of key factors that are expected to drive the growth of this market. This study also provides a detailed overview of the opportunities along with the current trends observed in the Smart electric drive market.
A quantitative analysis of the industry is compiled for a period of 10 years in order to assist players to grow in the market. Insights on specific revenue figures generated are also given in the report, along with projected revenue at the end of the forecast period.
Companies and Manufacturers Covered
The study covers key players operating in the market along with prime schemes and strategies implemented by each player to hold high positions in the industry. Such a tough vendor landscape provides a competitive outlook of the industry, consequently existing as a key insight. These insights were thoroughly analysed and prime business strategies and products that offer high revenue generation capacities were identified. Key players of the global Smart electric drive market are included as given below:
Smart electric drive Market Key Players
- ABB
- Aisin Corporation
- Allison Transmission
- Borgwarner
- Bosch
- Continental Ag
- Dana
- Denso
- GKN (Melrose)
- Hexagon AB
- Hitachi
- Huayu Automotive Electric System
- Hyundai Mobis
- Infineon Technologies
- Jatco
- Jing-Jin Electric Technologies
- LG Electronics
- Magna International
- Mahle
- Meidensha Corporation
- Meritor
- Nidec Corporation
- Shanghai Automotive Smart Electric Drive
- Siemens AG
- Smesh E-Axle
- ZF Group
Market Segments
By Vehicle Type
- Passenger Cars
- Commercial Vehicles
- 2-Wheelers
By EV Type
- BEV
- HEV
- PHEV
By Application
- E-Axle
- E-Wheel Drive
By Component
- EV Battery
- Electric Motor
- Inverter System
- E-Brake Booster
- Power Electronics
By Drive Type
- Front Wheel Drive
- Rear Wheel Drive
- All-Wheel Drive
By Commercial Vehicle Type
- Electric Buses
- Electric Trucks
By 2-Wheeler Type
- Electric Cycles
- Electric Motorcycles
- Electric Scooters
By Geography
- North America
- U.S.
- Canada
- Europe
- U.K.
- Germany
- France
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Malaysia
- Philippines
- Latin America
- Brazil
- Rest of Latin America
- Middle East & Africa (MEA)
Report Objectives
- To define, describe, and forecast the global smart electric drive market based on product, and region
- To provide detailed information regarding the major factors influencing the growth of the market (drivers, opportunities, and industry-specific challenges)
- To strategically analyze micromarkets1 with respect to individual growth trends, future prospects, and contributions to the total market
- To analyze opportunities in the market for stakeholders and provide details of the competitive landscape for market leaders
- To forecast the size of market segments with respect to four main regions—North America, Europe, Asia Pacific and the Rest of the World (RoW)2
- To strategically profile key players and comprehensively analyze their product portfolios, market shares, and core competencies3
- To track and analyze competitive developments such as acquisitions, expansions, new product launches, and partnerships in the smart electric drive market
Table of Content
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. Market Dynamics Analysis and Trends
5.1. Market Dynamics
5.1.1. Market Drivers
5.1.2. Market Restraints
5.1.3. Market Opportunities
5.2. Porter’s Five Forces Analysis
5.2.1. Bargaining power of suppliers
5.2.2. Bargaining power of buyers
5.2.3. Threat of substitute
5.2.4. Threat of new entrants
5.2.5. Degree of competition
Chapter 6. Competitive Landscape
6.1.1. Company Market Share/Positioning Analysis
6.1.2. Key Strategies Adopted by Players
6.1.3. Vendor Landscape
6.1.3.1. List of Suppliers
6.1.3.2. List of Buyers
Chapter 7. Global Smart Electric Drive Market, By Vehicle Type
7.1. Smart Electric Drive Market, by Vehicle Type, 2022-2030
7.1.1. Passenger Cars
7.1.1.1. Market Revenue and Forecast (2017-2030)
7.1.2. Commercial Vehicles
7.1.2.1. Market Revenue and Forecast (2017-2030)
7.1.3. 2-Wheelers
7.1.3.1. Market Revenue and Forecast (2017-2030)
Chapter 8. Global Smart Electric Drive Market, By EV Type
8.1. Smart Electric Drive Market, by EV Type, 2022-2030
8.1.1. BEV
8.1.1.1. Market Revenue and Forecast (2017-2030)
8.1.2. HEV
8.1.2.1. Market Revenue and Forecast (2017-2030)
8.1.3. PHEV
8.1.3.1. Market Revenue and Forecast (2017-2030)
Chapter 9. Global Smart Electric Drive Market, By Application
9.1. Smart Electric Drive Market, by Application, 2022-2030
9.1.1. E-Axle
9.1.1.1. Market Revenue and Forecast (2017-2030)
9.1.2. E-Wheel Drive
9.1.2.1. Market Revenue and Forecast (2017-2030)
Chapter 10. Global Smart Electric Drive Market, By Component
10.1. Smart Electric Drive Market, by Component, 2022-2030
10.1.1. EV Battery
10.1.1.1. Market Revenue and Forecast (2017-2030)
10.1.2. Electric Motor
10.1.2.1. Market Revenue and Forecast (2017-2030)
10.1.3. Inverter System
10.1.3.1. Market Revenue and Forecast (2017-2030)
10.1.4. E-Brake Booster
10.1.4.1. Market Revenue and Forecast (2017-2030)
10.1.5. Power Electronics
10.1.5.1. Market Revenue and Forecast (2017-2030)
Chapter 11. Global Smart Electric Drive Market, By Drive Type
11.1. Smart Electric Drive Market, by Drive Type, 2022-2030
11.1.1. Front Wheel Drive
11.1.1.1. Market Revenue and Forecast (2017-2030)
11.1.2. Rear Wheel Drive
11.1.2.1. Market Revenue and Forecast (2017-2030)
11.1.3. All-Wheel Drive
11.1.3.1. Market Revenue and Forecast (2017-2030)
Chapter 12. Global Smart Electric Drive Market, By Commercial Vehicle Type
12.1. Smart Electric Drive Market, by Commercial Vehicle Type, 2022-2030
12.1.1. Electric Buses
12.1.1.1. Market Revenue and Forecast (2017-2030)
12.1.2. Electric Trucks
12.1.2.1. Market Revenue and Forecast (2017-2030)
Chapter 13. Global Smart Electric Drive Market, By 2-Wheeler Type
13.1. Smart Electric Drive Market, by 2-Wheeler Type, 2022-2030
13.1.1. Electric Cycles
13.1.1.1. Market Revenue and Forecast (2017-2030)
13.1.2. Electric Motorcycles
13.1.2.1. Market Revenue and Forecast (2017-2030)
13.1.3. Electric Scooters
13.1.3.1. Market Revenue and Forecast (2017-2030)
Chapter 14. Global Smart Electric Drive Market, Regional Estimates and Trend Forecast
14.1. North America
14.1.1. Market Revenue and Forecast, by Vehicle Type (2017-2030)
14.1.2. Market Revenue and Forecast, by EV Type (2017-2030)
14.1.3. Market Revenue and Forecast, by Application (2017-2030)
14.1.4. Market Revenue and Forecast, by Component (2017-2030)
14.1.5. Market Revenue and Forecast, by Drive Type (2017-2030)
14.1.6. Market Revenue and Forecast, by 2-Wheeler Type (2017-2030)
14.1.7. Market Revenue and Forecast, by Commercial Vehicle Type (2017-2030)
14.1.8. U.S.
14.1.8.1. Market Revenue and Forecast, by Vehicle Type (2017-2030)
14.1.8.2. Market Revenue and Forecast, by EV Type (2017-2030)
14.1.8.3. Market Revenue and Forecast, by Application (2017-2030)
14.1.8.4. Market Revenue and Forecast, by Component (2017-2030)
14.1.8.5. Market Revenue and Forecast, by Drive Type (2017-2030)
14.1.8.6. Market Revenue and Forecast, by 2-Wheeler Type (2017-2030)
14.1.8.7. Market Revenue and Forecast, by Commercial Vehicle Type (2017-2030)
14.1.9. Rest of North America
14.1.9.1. Market Revenue and Forecast, by Vehicle Type (2017-2030)
14.1.9.2. Market Revenue and Forecast, by EV Type (2017-2030)
14.1.9.3. Market Revenue and Forecast, by Application (2017-2030)
14.1.9.4. Market Revenue and Forecast, by Component (2017-2030)
14.1.9.5. Market Revenue and Forecast, by Drive Type (2017-2030)
14.1.9.6. Market Revenue and Forecast, by 2-Wheeler Type (2017-2030)
14.1.9.7. Market Revenue and Forecast, by Commercial Vehicle Type (2017-2030)
14.2. Europe
14.2.1. Market Revenue and Forecast, by Vehicle Type (2017-2030)
14.2.2. Market Revenue and Forecast, by EV Type (2017-2030)
14.2.3. Market Revenue and Forecast, by Application (2017-2030)
14.2.4. Market Revenue and Forecast, by Component (2017-2030)
14.2.5. Market Revenue and Forecast, by Drive Type (2017-2030)
14.2.6. Market Revenue and Forecast, by 2-Wheeler Type (2017-2030)
14.2.7. Market Revenue and Forecast, by Commercial Vehicle Type (2017-2030)
14.2.8. UK
14.2.8.1. Market Revenue and Forecast, by Vehicle Type (2017-2030)
14.2.8.2. Market Revenue and Forecast, by EV Type (2017-2030)
14.2.8.3. Market Revenue and Forecast, by Application (2017-2030)
14.2.8.4. Market Revenue and Forecast, by Component (2017-2030)
14.2.8.5. Market Revenue and Forecast, by Drive Type (2017-2030)
14.2.8.6. Market Revenue and Forecast, by 2-Wheeler Type (2017-2030)
14.2.8.7. Market Revenue and Forecast, by Commercial Vehicle Type (2017-2030)
14.2.9. Germany
14.2.9.1. Market Revenue and Forecast, by Vehicle Type (2017-2030)
14.2.9.2. Market Revenue and Forecast, by EV Type (2017-2030)
14.2.9.3. Market Revenue and Forecast, by Application (2017-2030)
14.2.9.4. Market Revenue and Forecast, by Component (2017-2030)
14.2.9.5. Market Revenue and Forecast, by Drive Type (2017-2030)
14.2.9.6. Market Revenue and Forecast, by 2-Wheeler Type (2017-2030)
14.2.9.7. Market Revenue and Forecast, by Commercial Vehicle Type (2017-2030)
14.2.10. France
14.2.10.1. Market Revenue and Forecast, by Vehicle Type (2017-2030)
14.2.10.2. Market Revenue and Forecast, by EV Type (2017-2030)
14.2.10.3. Market Revenue and Forecast, by Application (2017-2030)
14.2.10.4. Market Revenue and Forecast, by Component (2017-2030)
14.2.10.5. Market Revenue and Forecast, by Drive Type (2017-2030)
14.2.10.6. Market Revenue and Forecast, by 2-Wheeler Type (2017-2030)
14.2.10.7. Market Revenue and Forecast, by Commercial Vehicle Type (2017-2030)
14.2.11. Rest of Europe
14.2.11.1. Market Revenue and Forecast, by Vehicle Type (2017-2030)
14.2.11.2. Market Revenue and Forecast, by EV Type (2017-2030)
14.2.11.3. Market Revenue and Forecast, by Application (2017-2030)
14.2.11.4. Market Revenue and Forecast, by Component (2017-2030)
14.2.11.5. Market Revenue and Forecast, by Drive Type (2017-2030)
14.2.11.6. Market Revenue and Forecast, by 2-Wheeler Type (2017-2030)
14.2.11.7. Market Revenue and Forecast, by Commercial Vehicle Type (2017-2030)
14.3. APAC
14.3.1. Market Revenue and Forecast, by Vehicle Type (2017-2030)
14.3.2. Market Revenue and Forecast, by EV Type (2017-2030)
14.3.3. Market Revenue and Forecast, by Application (2017-2030)
14.3.4. Market Revenue and Forecast, by Component (2017-2030)
14.3.5. Market Revenue and Forecast, by Drive Type (2017-2030)
14.3.6. Market Revenue and Forecast, by 2-Wheeler Type (2017-2030)
14.3.7. Market Revenue and Forecast, by Commercial Vehicle Type (2017-2030)
14.3.8. India
14.3.8.1. Market Revenue and Forecast, by Vehicle Type (2017-2030)
14.3.8.2. Market Revenue and Forecast, by EV Type (2017-2030)
14.3.8.3. Market Revenue and Forecast, by Application (2017-2030)
14.3.8.4. Market Revenue and Forecast, by Component (2017-2030)
14.3.8.5. Market Revenue and Forecast, by Drive Type (2017-2030)
14.3.8.6. Market Revenue and Forecast, by 2-Wheeler Type (2017-2030)
14.3.8.7. Market Revenue and Forecast, by Commercial Vehicle Type (2017-2030)
14.3.9. China
14.3.9.1. Market Revenue and Forecast, by Vehicle Type (2017-2030)
14.3.9.2. Market Revenue and Forecast, by EV Type (2017-2030)
14.3.9.3. Market Revenue and Forecast, by Application (2017-2030)
14.3.9.4. Market Revenue and Forecast, by Component (2017-2030)
14.3.9.5. Market Revenue and Forecast, by Drive Type (2017-2030)
14.3.9.6. Market Revenue and Forecast, by 2-Wheeler Type (2017-2030)
14.3.9.7. Market Revenue and Forecast, by Commercial Vehicle Type (2017-2030)
14.3.10. Japan
14.3.10.1. Market Revenue and Forecast, by Vehicle Type (2017-2030)
14.3.10.2. Market Revenue and Forecast, by EV Type (2017-2030)
14.3.10.3. Market Revenue and Forecast, by Application (2017-2030)
14.3.10.4. Market Revenue and Forecast, by Component (2017-2030)
14.3.10.5. Market Revenue and Forecast, by Drive Type (2017-2030)
14.3.10.6. Market Revenue and Forecast, by 2-Wheeler Type (2017-2030)
14.3.10.7. Market Revenue and Forecast, by Commercial Vehicle Type (2017-2030)
14.3.11. Rest of APAC
14.3.11.1. Market Revenue and Forecast, by Vehicle Type (2017-2030)
14.3.11.2. Market Revenue and Forecast, by EV Type (2017-2030)
14.3.11.3. Market Revenue and Forecast, by Application (2017-2030)
14.3.11.4. Market Revenue and Forecast, by Component (2017-2030)
14.3.11.5. Market Revenue and Forecast, by Drive Type (2017-2030)
14.3.11.6. Market Revenue and Forecast, by 2-Wheeler Type (2017-2030)
14.3.11.7. Market Revenue and Forecast, by Commercial Vehicle Type (2017-2030)
14.4. MEA
14.4.1. Market Revenue and Forecast, by Vehicle Type (2017-2030)
14.4.2. Market Revenue and Forecast, by EV Type (2017-2030)
14.4.3. Market Revenue and Forecast, by Application (2017-2030)
14.4.4. Market Revenue and Forecast, by Component (2017-2030)
14.4.5. Market Revenue and Forecast, by Drive Type (2017-2030)
14.4.6. Market Revenue and Forecast, by 2-Wheeler Type (2017-2030)
14.4.7. Market Revenue and Forecast, by Commercial Vehicle Type (2017-2030)
14.4.8. GCC
14.4.8.1. Market Revenue and Forecast, by Vehicle Type (2017-2030)
14.4.8.2. Market Revenue and Forecast, by EV Type (2017-2030)
14.4.8.3. Market Revenue and Forecast, by Application (2017-2030)
14.4.8.4. Market Revenue and Forecast, by Component (2017-2030)
14.4.8.5. Market Revenue and Forecast, by Drive Type (2017-2030)
14.4.8.6. Market Revenue and Forecast, by 2-Wheeler Type (2017-2030)
14.4.8.7. Market Revenue and Forecast, by Commercial Vehicle Type (2017-2030)
14.4.9. North Africa
14.4.9.1. Market Revenue and Forecast, by Vehicle Type (2017-2030)
14.4.9.2. Market Revenue and Forecast, by EV Type (2017-2030)
14.4.9.3. Market Revenue and Forecast, by Application (2017-2030)
14.4.9.4. Market Revenue and Forecast, by Component (2017-2030)
14.4.9.5. Market Revenue and Forecast, by Drive Type (2017-2030)
14.4.9.6. Market Revenue and Forecast, by 2-Wheeler Type (2017-2030)
14.4.9.7. Market Revenue and Forecast, by Commercial Vehicle Type (2017-2030)
14.4.10. South Africa
14.4.10.1. Market Revenue and Forecast, by Vehicle Type (2017-2030)
14.4.10.2. Market Revenue and Forecast, by EV Type (2017-2030)
14.4.10.3. Market Revenue and Forecast, by Application (2017-2030)
14.4.10.4. Market Revenue and Forecast, by Component (2017-2030)
14.4.10.5. Market Revenue and Forecast, by Drive Type (2017-2030)
14.4.10.6. Market Revenue and Forecast, by 2-Wheeler Type (2017-2030)
14.4.10.7. Market Revenue and Forecast, by Commercial Vehicle Type (2017-2030)
14.4.11. Rest of MEA
14.4.11.1. Market Revenue and Forecast, by Vehicle Type (2017-2030)
14.4.11.2. Market Revenue and Forecast, by EV Type (2017-2030)
14.4.11.3. Market Revenue and Forecast, by Application (2017-2030)
14.4.11.4. Market Revenue and Forecast, by Component (2017-2030)
14.4.11.5. Market Revenue and Forecast, by Drive Type (2017-2030)
14.4.11.6. Market Revenue and Forecast, by 2-Wheeler Type (2017-2030)
14.4.11.7. Market Revenue and Forecast, by Commercial Vehicle Type (2017-2030)
14.5. Latin America
14.5.1. Market Revenue and Forecast, by Vehicle Type (2017-2030)
14.5.2. Market Revenue and Forecast, by EV Type (2017-2030)
14.5.3. Market Revenue and Forecast, by Application (2017-2030)
14.5.4. Market Revenue and Forecast, by Component (2017-2030)
14.5.5. Market Revenue and Forecast, by Drive Type (2017-2030)
14.5.6. Market Revenue and Forecast, by 2-Wheeler Type (2017-2030)
14.5.7. Market Revenue and Forecast, by Commercial Vehicle Type (2017-2030)
14.5.8. Brazil
14.5.8.1. Market Revenue and Forecast, by Vehicle Type (2017-2030)
14.5.8.2. Market Revenue and Forecast, by EV Type (2017-2030)
14.5.8.3. Market Revenue and Forecast, by Application (2017-2030)
14.5.8.4. Market Revenue and Forecast, by Component (2017-2030)
14.5.8.5. Market Revenue and Forecast, by Drive Type (2017-2030)
14.5.8.6. Market Revenue and Forecast, by 2-Wheeler Type (2017-2030)
14.5.8.7. Market Revenue and Forecast, by Commercial Vehicle Type (2017-2030)
14.5.9. Rest of LATAM
14.5.9.1. Market Revenue and Forecast, by Vehicle Type (2017-2030)
14.5.9.2. Market Revenue and Forecast, by EV Type (2017-2030)
14.5.9.3. Market Revenue and Forecast, by Application (2017-2030)
14.5.9.4. Market Revenue and Forecast, by Component (2017-2030)
14.5.9.5. Market Revenue and Forecast, by Drive Type (2017-2030)
14.5.9.6. Market Revenue and Forecast, by 2-Wheeler Type (2017-2030)
14.5.9.7. Market Revenue and Forecast, by Commercial Vehicle Type (2017-2030)
Chapter 15. Company Profiles
15.1. ABB
15.1.1. Company Overview
15.1.2. Product Offerings
15.1.3. Financial Performance
15.1.4. Recent Initiatives
15.2. Aisin Corporation
15.2.1. Company Overview
15.2.2. Product Offerings
15.2.3. Financial Performance
15.2.4. Recent Initiatives
15.3. Allison Transmission
15.3.1. Company Overview
15.3.2. Product Offerings
15.3.3. Financial Performance
15.3.4. Recent Initiatives
15.4. Borgwarner
15.4.1. Company Overview
15.4.2. Product Offerings
15.4.3. Financial Performance
15.4.4. Recent Initiatives
15.5. Bosch
15.5.1. Company Overview
15.5.2. Product Offerings
15.5.3. Financial Performance
15.5.4. Recent Initiatives
15.6. Continental Ag
15.6.1. Company Overview
15.6.2. Product Offerings
15.6.3. Financial Performance
15.6.4. Recent Initiatives
15.7. Dana
15.7.1. Company Overview
15.7.2. Product Offerings
15.7.3. Financial Performance
15.7.4. Recent Initiatives
15.8. Denso
15.8.1. Company Overview
15.8.2. Product Offerings
15.8.3. Financial Performance
15.8.4. Recent Initiatives
15.9. GKN (Melrose)
15.9.1. Company Overview
15.9.2. Product Offerings
15.9.3. Financial Performance
15.9.4. Recent Initiatives
15.10. Hexagon AB
15.10.1. Company Overview
15.10.2. Product Offerings
15.10.3. Financial Performance
15.10.4. Recent Initiatives
Chapter 16. Research Methodology
16.1. Primary Research
16.2. Secondary Research
16.3. Assumptions
Chapter 17. Appendix
17.1. About Us
17.2. Glossary of Terms
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