Automotive E-Axle Market is predicted to reach USD 205,757.51 Million at a CAGR of 17.7% during the forecast period 2023-2032

Market Research Future (MRFR) has published on the “Global Automotive E-Axle Market”.

Increasing demand for electric vehicles, and advantages of Automotive E-Axles over traditional powertrains propelling its adoption among the OEMs associated with it are the key factors driving the growth of the Global market for Automotive E-Axle. However, High initial cost is expected to hamper the growth of the market creating challenges for the market. On the other hand, growing demand for electric vehicles in developing countries, development of new automotive E-Axle technologies, growing demand for automotive E-Axles in commercial vehicle are expected to create a lucrative growth opportunity for the players operating in the global market.

The Automotive E-Axle market is estimated to register a CAGR of 17.7% during the forecast period of 2023 to 2035.

MRFR recognizes the following companies as the key players in the global Automotive E-Axle market -Dana Incorporated, GKN, Robert Bosch GmbH, Schaeffler AG, ZF Friedrichshafen AG, and other.

Market Highlights

The global Automotive E-Axle market is accounted to register a CAGR of 17.7% during the forecast period and is estimated to reach USD 205,757.51 Million by 2035.

In an effort to support an environment that is effective, clean, and sustainable, more and more individuals are switching to electric automobiles. For the market, this has meant profitable growth potential.The market for electric cars has grown as a result of worries about climate change and vehicular pollution. People are moving toward electric vehicles as a result of the depletion of fossil fuel supplies and increases in the cost of gasoline and diesel. This has accelerated market growth.In 2021, almost 6.6 million electric vehicles were registered, bringing the total number of electric vehicles on the road to 16.5 million. Considering the Net Zero Emissions standard by 2050, the IEA predicts that by 2030, there will be more than 300 million electric cars on the road, with new car sales accounting for 60% of this growth. The market will rise throughout the forecast period as a result of these factors increasing the use of electric vehicles. The market for electric vehicles, or EVs, has grown significantly as a result of the need to meet future energy needs. The need for sustainable transportation is a major factor in the demand for electric vehicles. The market for electric vehicles (EVs) is emerging as a crucial component of the automotive sector and offers a solution to achieve energy efficiency and lower emissions of pollutants and other greenhouse gases.

Automotive E-axles, or electric axles, have gained popularity among original equipment manufacturers (OEMs) in the car industry due to various benefits over traditional powertrains. The increasing emphasis on electric mobility, as well as the demand for more efficient and ecological transportation options, are driving E-axle adoption. One significant feature of vehicle E-axles is their compact and integrated construction. E-axles combine the electric motor, power electronics, and transmission into a single unit, resulting in a smaller and lighter overall powertrain. This connection provides greater flexibility in vehicle design, allowing manufacturers to optimize space use and overall vehicle economy. Electric motors are naturally more efficient than internal combustion engines, resulting in increased energy utilization and lower energy losses during power transfer. This greater efficiency leads to improved range and fuel economy, making electric vehicles (EVs) equipped with E-axles more desirable to consumers while also harmonizing with the global push for sustainability.

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Segment Analysis

The global Automotive E-Axle market has been segmented based on Component, Deployment Model, Organization Size, and Vertical.

Based on component, the global Automotive E-Axle market segmentation includes Electric Motor, Inverter, Transmission and Others. The Electric Motor segment held the majority share in 2022, contributing around ~ 37.7% to the market revenue. on electric motors, the global automotive e-axle market has been further segmented into Electrically Excited Synchronous Motor (EESM), Interior Permanent Magnet (IPM) Motor, Induction Motors (ACIM), and Switched Reluctance Motor (SRM), BLDC (Brushless DC). The Electric Motor component of the global automotive E-Axle market serves as the propulsion system, converting electrical energy from the vehicle's battery into mechanical power to drive the wheels. Electrically Excited Synchronous Motor (EESM) is a type of electric motor used in electric vehicles. It is an alternative machine principle to permanent magnet synchronous motors (PMSMs) and is becoming increasingly popular in electric vehicles. EESMs use a rotor that is excited by a DC current to generate a rotating magnetic field, which interacts with the stator's magnetic field to produce torque.

Based on Power, the global Automotive E-Axle market segmentation includes Up to 50 kW, 51-100 kW, 101-300 kW, 301-600 kW and 601 kW & above. The Up to 50 kW segment held the majority share in 2022 contributing around ~40.6% to the market revenue. E-Axle systems in this power segment have a power rating of up to 50 kilowatts (kW). This range is typically associated with smaller and lighter vehicles, such as city cars or compact urban mobility solutions. E-Axle systems falling within the 51-100 kW power range have a power rating between 51 and 100 kilowatts. This range is commonly associated with mid-sized vehicles and some smaller electric vehicles.

Based on the Drive Type, the global Automotive E-Axle market segmentation includes Front-Wheel Drive, Rear-Wheel Drive and All-Wheel Drive. By Drive Type, Front-Wheel Drive segment hold the majority market share in 2022 contributing 55.4% of the market share. In a front-wheel drive configuration, the e-axle system delivers power to the front wheels of the vehicle. The electric motor is integrated into the front axle, providing the primary source of propulsion. In a rear-wheel drive configuration, the e-axle system is located at the rear axle, delivering power to the rear wheels of the vehicle. The electric motor powers the rear wheels for propulsion.

Based on Vehicle Propulsion, the global Automotive E-Axle market segmentation includes BEVs, HEVs, PHEVs and FCEVs. By Vehicle Propulsion, BEVs segment hold the majority market share in 2022 contributing 69.5% of the market share. BEVs are electric vehicles that rely solely on electric power stored in a battery pack. They do not have an internal combustion engine (ICE) and operate entirely on electric propulsion. E-Axle systems for BEVs integrate an electric motor and necessary components to drive the vehicle without the need for a traditional engine.

Based on Vehicle Category, the global Automotive E-Axle market segmentation includes Passenger Cars and Commercial Vehicles. By Vehicle Category, Passenger Cars segment hold the majority market share in 2022 contributing 81%% of the market share. E-Axle systems for passenger cars are designed to meet the specific requirements of these vehicles, considering factors such as size, weight, and performance characteristics that cater to the needs of individual or family transportation. E-Axle systems for passenger cars are often optimized for efficiency, compact design, and a balance between performance and range. The focus is on providing a satisfying driving experience for individual consumers or families.

Key Findings of the Study

• The global Automotive E-Axle market is expected to reach USD 51 Million by 2035, at a CAGR of 17.7% during the forecast period.


• Based on component, the Electric Motor segment was attributed to holding the largest market in 2022, with an approximate market share of 37.7%.


• Dana Incorporated, GKN, Robert Bosch GmbH, Schaeffler AG, ZF Friedrichshafen AG, and other are the key market players.