According to a market report by Lucintel, the future of the global automotive electric drivetrain component market looks promising with opportunities in the battery electric vehicle, hybrid electric vehicle, plug-in hybrid electric vehicle, and fuel cell electric vehicle markets. The global automotive electric drivetrain component market is expected to reach an estimated $209 billion by 2030 with a CAGR of 22.7% from 2024 to 2030. The major drivers for this market are growing financial incentive and spending for supporting infrastructure, rising need for clean mobility & transportation solutions, and stringent emission regulations and initiatives to reduce carbon footprint.
A more than 150–page report is developed to understand Trends,
opportunity and forecast in automotive electric drivetrain component market to
2030 by component (electric drive module, DC/DC converter, battery packs,
thermal system, DC/AC inverter, and power distribution module), vehicle type
(battery electric vehicle (BEV), hybrid electric vehicle (HEV), plug-in hybrid
electric vehicle (PHEV), and fuel cell electric vehicle (FCEV)), sale channel
(oem and aftermarket), and region (North America, Europe, Asia Pacific, and the
Rest of the World).
In this market, electric drive module, DC/DC converter, battery pack,
thermal system, DC/AC inverter, and power distribution module are the major
segments of automotive electric drivetrain component market by component.
Lucintel forecasts that electric drive module is expected to witness the
highest growth over the forecast period as it ensures efficient energy
conversion and transfer.
Within this market, battery electric vehicle (BEV) will remain the
largest segment due to rising government incentives and growing consumer awareness
towards electric vehicles.
Download sample by clicking on automotive
electric drivetrain component market.
North America is expected to witness highest growth over the forecast
period due to improvement in battery technology and increasing investment by
automotive OEMs in the production of electric vehicle.
Aisin Seiki, Denso, Hexagon, VALEO, BorgWarner, ZF, and Schaeffler are
the major suppliers in the automotive electric drivetrain component market.
This unique research
report will enable you to make confident business decisions in this globally
competitive marketplace. For a detailed table of contents, contact Lucintel at
+1-972-636-5056 or write us at helpdesk@lucintel.com.
About Lucintel
At Lucintel, we offer solutions for
you growth through game changer ideas and robust market &
unmet needs analysis. We are based in
Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20
years. We are quoted in several publications like the Wall Street Journal,
ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. 972.636.5056
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