About Electric Powertrain
Electric Powertrain Responsible for taking energy stored in the vehicle's battery system and supplying it to the motors. The vehicle's range is most dictated by the ability to provide power with maximum efficiency and minimum resistance. Research Institute has been involved with vehicle electrification research and development. However, the changing buying behavior and preference toward the Electric Powertrain of consumer electric vehicles have created significant opportunities.
|Value (USD Million)
The key manufacturers are targeting the innovations of the products with better quality, better technical characteristics, and also assist in providing and humanizing the after-sale service to the consumers. The key players are probable to keep a stronghold on the market over the anticipated period. The key players are accepting strategic decisions and are thinking upon mergers and acquisitions in order to maintain their presence in the market Analyst at AMA Research estimates that Germany Vendors will contribute the maximum growth to Global Electric Powertrain market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
BorgWarner (United States), Dana TM4 (Canada), BMW Motorrad (Germany), Mitsubishi Electric (Japan), ZF Friedrichshafen (Germany), Magna International (Germany), IET SPA (Italy), Schaeffler AG. (Germany), ATS Automation Tooling Systems (Canada), ALTe Technologies (United States), Valeo (France) and AVL (Austrila) are some of the key players that are part of study coverage.
AMA Research has segmented the market of Global Electric Powertrain market by Type (Battery Electric Vehicle (BEV) Powertrain, Mild Hybrid Powertrain, Series Hybrid Powertrain, Parallel Hybrid Powertrain and Series-Parallel Hybrid Powertrain), Application (Passenger Vehicles, Sport Vehicles, Commercial Vehicles and Off-Highway & Military) and Region.
On the basis of geography, the market of Electric Powertrain has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Position, the sub-segment i.e. All-wheel drive (AWD) will boost the Electric Powertrain market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Increasing Electric Car in Emerging Economies and Technologically Advanced Powertrain System Subsequent in Fuel Efficiency
Market Growth Drivers:
Increasing Interest in Electric Powertrain Systems for Personal and Commercial Vehicles and Increasing Consumption Expenditure, High Demand for Automobiles and Up-gradation of Powertrain System
Low Customer Inclination to Pay Extra for Sustainable Powertrain Systems
High Cost of Powertrain Systems Can Hamper the Growth
Increasing Research and Development in vehicle electrification and Developments in Hybrid Powertrain by the Key Players
Market Leaders and their expansionary development strategies
On 2nd October 2020, BorgWarner Inc. announced it has completed its acquisition of Delphi Technologies. The combination of BorgWarner and Delphi Technologies is expected to strengthen BorgWarner’s electronics and power electronics products, capabilities and scale, creating a leader in electrified propulsion systems that BorgWarner believes is well-positioned to take advantage of future propulsion migration.
On 18th November 2020, Valeo launches fully-integrated compact electric powertrain system. Which the company says will aid electrification of small mobility vehicles at an affordable cost.
Key Target AudienceManufacturers of Powertrain, Suppliers of Powertrain Parts, Automotive Industry, Governmental/ Regulatory Bodies, Potential Investors, Research and Development Institutes and Others
About ApproachTo evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.