July 20, 2024

Smart Electric Drive Market Size to Worth Around US$ 15.92 Billion by 2030

[150+ Pages Report] As per the latest Research and survey report issued by Precedence Research, the global smart electric drive market was valued at around USD 1.2 billion in 2021 and is expected to register revenues worth USD 15.92 billion by the end of 2030, growing at an exceptional CAGR of approximately 33.28% between 2022 and 2030.

Smart Electric Drive Market

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Smart Electric Drive Market Report Scope

A recent study by Precedence Research on the smart electric drive market offers a forecast for 2022 and 2030. The study analyzes crucial trends that are currently determining the growth of the smart electric drive market. This report explicates on vital dynamics such as the drivers, restraints, and opportunities for key market players, along with key stakeholders as well as emerging players associated with the manufacturing of smart electric drive. The study also provides the dynamics that are responsible for influencing the future status of the smart electric drive market over the forecast period.

A detailed assessment of the smart electric drive market value chain analysis, business execution, and supply chain analysis across regional markets has been covered in the report. A list of prominent companies operating in the smart electric drive market along with their product portfolio enhances the reliability of this comprehensive research study.

Competition Landscape

The report has engulfed a chapter on the global smart electric drive market’s competitive landscape, which provides detailed analysis and insights on companies offering smart electric drive. Profiles of key companies, along with a strategic overview of their M&A and expansion plans across geographies, have been delivered in this chapter. This chapter is priceless for report readers, as its enables them in gauging their growth potential in the market and implement key strategies for extending their market reach.

This chapter offers key recommendations for both new and existing market participants, enabling them to emerge sustainably and profitably. Intelligence on the market players has been delivered on the basis of their product overview, SWOT analysis, key developments, key financials and company overview. Occupancy of these market participants has been tracked by the report and portrayed via an intensity map.

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Some of the Prominent Players in the Smart Electric Drive Market Include:

  • 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
Smart Electric Drive Market Segmentation

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

Regional Segmentation

  • Asia-Pacific [China, Southeast Asia, India, Japan, Korea, Western Asia]
  • Europe [Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
  • North America [United States, Canada, Mexico]
  • South America [Brazil, Argentina, Columbia, Chile, Peru]
  • Middle East & Africa [GCC, North Africa, South Africa]

Regional Analysis

The research report includes a detailed study of regions of North America, Europe, China, Japan and Rest of the World. The report has been curated after observing and studying various factors that determine regional growth such as economic, environmental, social, technological, and political status of the particular region. Analysts have studied the data of revenue and manufacturers of each region. This section analyses region-wise revenue and volume for the forecast period of 2022 to 2030. These analyses will help the reader to understand the potential worth of investment in a particular region.

The report provides in-depth segment analysis of the global smart electric drive market, thereby providing valuable insights at macro as well as micro levels. Analysis of major countries, which hold growth opportunities or account for significant share has also been included as part of geographic analysis of the smart electric drive market.

The report includes country-wise and region-wise market size for the period 2022-2030. It also includes market size and forecast by segments in terms of production capacity, price and revenue for the period 2022-2030.

Why should you invest in this report?

If you are aiming to enter the global smart electric drive market, this report is a comprehensive guide that provides crystal clear insights into this niche market. All the major application areas for smart electric drive are covered in this report and information is given on the important regions of the world where this market is likely to boom during the forecast period of 2022-2030 so that you can plan your strategies to enter this market accordingly.

Besides, through this report, you can have a complete grasp of the level of competition you will be facing in this hugely competitive market and if you are an established player in this market already, this report will help you gauge the strategies that your competitors have adopted to stay as market leaders in this market. For new entrants to this market, the voluminous data provided in this report is invaluable.

Table of Contents

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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I have completed my education in Bachelors in Computer Application. A focused learner having a keen interest in the field of digital marketing, SEO, SMM, and Google Analytics enthusiastic to learn new things along with building leadership skills.

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