Worldwide Smart Electric Drive market is valued at 370 million US$ in 2018 is expected to reach 3610 million US$ by the end of 2025, growing at a CAGR of 33.1% during 2019-2025 | Industry Leaders Covered | GKN, Magna, Continental, Siemens, Schaeffler, ZF, Mahle, Robert Bosch, Borgwarner, Hitachi, Hyundai Mobis, Aisin Seiki, Infineon|
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 is valued at 370 million US$ in 2018 is expected to reach 3610 million US$ by the end of 2025, growing at a CAGR of 33.1% during 2019-2025.
This report focuses on Smart Electric Drive volume and value at global level, regional level and company level. From a global perspective, this report represents overall Smart Electric Drive market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.
The report includes an in-depth analysis of the competitive landscape of this business vertical, constituting manufacturers like:
Market Segment by Regions includes:
Products Segmentation, this report displays the production, revenue, price, market share, and growth rate of each type as below:
Front wheel smart electric drive
Rear wheel smart electric drive
All wheel smart electric drive
By Industrial Application, the market can be split into:
Global Smart Electric Drive Market Research Report 2019 is a professional and in-depth study and available exclusively through Trusted Business Insights. Annual estimates and forecasts are provided for the period 2019 through 2025. Also, a five-year historic analysis is provided for these markets in this 93 pages report.
This market report provides in-depth analytics of the Smart Electric Drive industry including definition, classification, application and industry chain structure. The report focuses on global major leading industry players with information such as company profiles, product picture and specifications, sales, market share, and contact information.
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