Global Smart e-Drive Market Research Report- Forecast 2023

Global Smart e-Drive Market Information Report by Component (Power Electronics, E-Brake Booster, Inverter, Motor, Battery), by application (e-Axle, Wheel drive), by drive type (Front wheel drive, Rear wheel drive, others), by battery type (Lithium-ion, Nickel-based, Lead acid and Solid state battery) and By Region - Forecast To 2023

ID: MRFR/AM/3751-HCR | February 2021 | Region: Global | 100 pages

Market Synopsis


The smart e-drive market is majorly driven by the high demand for hybrid and electric vehicle, and the introduction of stringent rules and regulations by various governments. These governments plan to reduce carbon emission by promoting the use of electric vehicles. The government of various countries, all over the globe provide some kind of tax benefits and incentives to the original equipment manufacturers of electric vehicles, thereby driving the growth of the smart e-drive market. Due to the rising concerns regarding environmental pollution, many governments have implemented several regulations and policies to reduce vehicle emission over the last few years. Global warming has also been a major threat to the environment and human life. Moreover, the emergence of eco-friendly vehicles, has also played a major role in the increasing sales of smart e-drive.


However, the growth of this market is expected to be restrained by factors such as lack of charging infrastructure, and the high cost of technologies and components, which are being used in the smart e-drive market.


The global smart e-drive market has seen remarkable growth in the global market and its demand in future is expected to grow with the CAGR of ~20%.


Based on applications, the global smart e-drive market has been segmented as e-Axle and wheel drive. Among these, the e-axle segment is expected to grow with the highest growth rate during the forecast period. The growth of this segment can be attributed to various factors such as increasing focus on vehicle electrification, overall vehicle efficiency in passenger cars and increase in fuel economy. The use of electric drive axles reduces the interface and bearing, which in turn, results in better performance, reduced noise and less use of energy.

Smart e-Drive Market Segmentation

Smart e-Drive Market Image 


Based on battery type, the smart e-drive market has been segmented as Lithium-ion, nickel-based, lead acid and solid state battery;  lead acid battery expected to grow, significantly. over the forecast period. They require low maintenance and rechargeable batteries. This battery is the most widely used battery type, because of its high power density and ease of use. It comes in all shapes, voltages, amperages and sizes. Lead acid batteries are widely accepted as they do not allow for the addition or loss of liquid.


Geographically, the global smart e-drive market has been divided into four major regions of North America, Europe, Asia Pacific and Rest of the World.  Europe region is expected to dominate the global smart e-drive market over the forecast period owing to factors such as introduction of strict emission control regulations by the government in the region, the rapid advancements in the technology for batteries and the boom in the demand for electric, plug in hybrid and hybrid vehicles in the region.  Also, the presence of a large number of electric vehicle manufacturers in the region, is expected to spur the growth of the smart e-drive market in the Europe region.  
Key Players
The prominent players in the global smart e-drive market include Siemens (Germany), Robert Bosch (Germany), Continental (Germany), Aisin Seiki (Japan), Schaeffler (Germany),  BorgWarner (US), Infineon (Germany), UQM Technologies (US), Efficient Drivetrains (US), Shanghai Edrive (China) and SINOEV (US).


The report for global smart e-drive market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.



Frequently Asked Questions (FAQ) :


the growth rate of the market in the near future can be 20%.

The smart E-drive market can show remarkable growth in the near future.

BorgWarner (US), Continental (Germany), SINOEV (US), Schaeffler (Germany), Siemens (Germany), Infineon (Germany), Aisin Seiki (Japan), Shanghai Edrive (China), Robert Bosch (Germany), Efficient Drivetrains (US), UQM Technologies (US), are the significant vendors in the market.

The government is striving to bring down carbon emission by promoting electric vehicles, in addition to offering tax benefits as well as incentives to the original equipment manufacturers in the market.

Lack of charging facilities can slow down the growth of the market.

Table of contents

1 Executive Summary

2 Scope of the Report

2.1 Market Definition

2.2 Scope of the Study

2.2.1 Definition

2.2.2 Research Objective

2.2.3 Assumptions

2.2.4 Limitations

2.3 Research Process

2.3.1 Primary Research

2.3.2 Secondary Research

2.4 Market size Estimation

2.5 Forecast Model


3 Market Landscape

3.1 Porter’s Five Forces Analysis

3.1.1 Threat of New Entrants

3.1.2 Bargaining power of buyers

3.1.3 Bargaining power of suppliers

3.1.4 Threat of substitutes

3.1.5 Segment rivalry

3.2 Value Chain/Supply Chain Analysis


4 Market Dynamics

4.1 Introduction

4.2 Market Drivers

4.3 Market Restraints

4.4 Market Opportunities

4.5 Market Trends


5 Global Smart e-Drive Market , By Component

5.1 Introduction

5.2 Power Electronics

5.2.1 Market Estimates & Forecast, 2017-2023

5.2.2 Market Estimates & Forecast by Region, 2017-2023

5.3 E-Brake Booster

5.3.1 Market Estimates & Forecast, 2017-2023

5.3.2 Market Estimates & Forecast by Region, 2017-2023

5.4 Inverter

5.4.1 Market Estimates & Forecast, 2017-2023

5.4.2 Market Estimates & Forecast by Region, 2017-2023

5.5 Motor

5.5.1 Market Estimates & Forecast, 2017-2023

5.5.2 Market Estimates & Forecast by Region, 2017-2023

5.6 Battery

5.6.1 Market Estimates & Forecast, 2017-2023

5.6.2 Market Estimates & Forecast by Region, 2017-2023


6 Global Smart e-Drive Market , By Applications

6.1 Introduction

6.2 e-Axle

6.2.1 Market Estimates & Forecast, 2017-2023

6.2.2 Market Estimates & Forecast by Region, 2017-2023

6.3 Wheel drive

6.3.1 Market Estimates & Forecast, 2017-2023

6.3.2 Market Estimates & Forecast by Region, 2017-2023


7 Global Smart e-Drive Market , By Drive Type

7.1 Introduction

7.2 Front wheel drive

7.2.1 Market Estimates & Forecast, 2017-2023

7.2.2 Market Estimates & Forecast by Region, 2017-2023

7.3 Rear wheel drive

7.3.1 Market Estimates & Forecast, 2017-2023

7.3.2 Market Estimates & Forecast by Region, 2017-2023

7.4 Others

7.4.1 Market Estimates & Forecast, 2017-2023

7.4.2 Market Estimates & Forecast by Region, 2017-2023

7 Global Smart e-Drive Market , By Battery Type

7.1 Introduction

7.2 Lithium-ion

7.2.1 Market Estimates & Forecast, 2017-2023

7.2.2 Market Estimates & Forecast by Region, 2017-2023

7.3 Nickel-based

7.3.1 Market Estimates & Forecast, 2017-2023

7.3.2 Market Estimates & Forecast by Region, 2017-2023

7.4 Lead acid

7.4.1 Market Estimates & Forecast, 2017-2023

7.4.2 Market Estimates & Forecast by Region, 2017-2023

7.5 Solid state battery

7.5.1 Market Estimates & Forecast, 2017-2023

7.5.2 Market Estimates & Forecast by Region, 2017-2023

8 Global Smart e-Drive Market , By Region

8.1 Introduction

8.2 North America

8.2.1 Market Estimates & Forecast, 2017-2023

8.2.2 Market Estimates & Forecast by Component, 2017-2023

8.2.3 Market Estimates & Forecast by technology, 2017-2023

8.2.4 Market Estimates & Forecast by Drive Type, 2017-2023

8.2.4 Market Estimates & Forecast by Battery Type, 2017-2023

8.2.5 The U.S

8.2.5.1 Market Estimates & Forecast, 2017-2023

8.2.5.2 Market Estimates & Forecast by Component, 2017-2023

8.2.5.3 Market Estimates & Forecast by Applications, 2017-2023

8.2.5.4 Market Estimates & Forecast by Drive Type, 2017-2023

8.2.5.4 Market Estimates & Forecast by Battery Type, 2017-2023

8.2.6 Canada

8.2.6.1 Market Estimates & Forecast, 2017-2023

8.2.6.2 Market Estimates & Forecast by Component, 2017-2023

8.2.6.3 Market Estimates & Forecast by Applications, 2017-2023

8.2.6.4 Market Estimates & Forecast by Drive Type, 2017-2023

8.2.6.4 Market Estimates & Forecast by Battery Type, 2017-2023

8.3 Europe

8.3.1 Market Estimates & Forecast, 2017-2023

8.3.2 Market Estimates & Forecast by Component, 2017-2023

8.3.3 Market Estimates & Forecast by Applications, 2017-2023

8.3.4 Market Estimates & Forecast by Drive Type, 2017-2023

8.3.4 Market Estimates & Forecast by Battery Type, 2017-2023

8.3.5 U.K

8.3.5.1 Market Estimates & Forecast, 2017-2023

8.3.5.2 Market Estimates & Forecast by Component, 2017-2023

8.3.5.3 Market Estimates & Forecast by Applications, 2017-2023

8.3.5.4 Market Estimates & Forecast by Drive Type, 2017-2023

8.3.5.4 Market Estimates & Forecast by Battery Type, 2017-2023

8.3.6 Germany

8.3.6.1 Market Estimates & Forecast, 2017-2023

8.3.6.2 Market Estimates & Forecast by Component, 2017-2023

8.3.6.3 Market Estimates & Forecast by Applications, 2017-2023

8.3.6.4 Market Estimates & Forecast by Drive Type, 2017-2023

8.3.6.4 Market Estimates & Forecast by Battery Type, 2017-2023

8.3.7 France

8.3.7.1 Market Estimates & Forecast, 2017-2023

8.3.7.2 Market Estimates & Forecast by Component, 2017-2023

8.3.7.3 Market Estimates & Forecast by Applications, 2017-2023

8.3.7.4 Market Estimates & Forecast by Drive Type, 2017-2023

8.3.7.4 Market Estimates & Forecast by Battery Type, 2017-2023

8.3.8 Italy

8.3.8.1 Market Estimates & Forecast, 2017-2023

8.3.8.2 Market Estimates & Forecast by Component, 2017-2023

8.3.8.3 Market Estimates & Forecast by Applications, 2017-2023

8.3.8.4 Market Estimates & Forecast by Drive Type, 2017-2023

8.3.8.4 Market Estimates & Forecast by Battery Type, 2017-2023

8.3.9 Rest of Europe

8.3.9.1 Market Estimates & Forecast, 2017-2023

8.3.9.2 Market Estimates & Forecast by Component, 2017-2023

8.3.9.3 Market Estimates & Forecast by Applications, 2017-2023

8.3.9.4 Market Estimates & Forecast by Drive Type, 2017-2023

8.3.9.4 Market Estimates & Forecast by Battery Type, 2017-2023

8.4 Asia Pacific

8.4.1 Market Estimates & Forecast, 2017-2023

8.4.2 Market Estimates & Forecast by Component, 2017-2023

8.4.3 Market Estimates & Forecast by Applications, 2017-2023

8.4.4 Market Estimates & Forecast by Drive Type, 2017-2023

8.4.4 Market Estimates & Forecast by Battery Type, 2017-2023

8.4.5 China

8.4.5.1 Market Estimates & Forecast, 2017-2023

8.4.5.2 Market Estimates & Forecast by Component, 2017-2023

8.4.5.3 Market Estimates & Forecast by Applications, 2017-2023

8.4.5.4 Market Estimates & Forecast by Drive Type, 2017-2023

8.4.5.4 Market Estimates & Forecast by Battery Type, 2017-2023

8.4.6 Japan

8.4.6.1 Market Estimates & Forecast, 2017-2023

8.4.6.2 Market Estimates & Forecast by Component, 2017-2023

8.4.6.3 Market Estimates & Forecast by Applications, 2017-2023

8.4.6.4 Market Estimates & Forecast by Drive Type, 2017-2023

8.4.6.4 Market Estimates & Forecast by Battery Type, 2017-2023

8.4.7 India

8.4.7.1 Market Estimates & Forecast, 2017-2023

8.4.7.2 Market Estimates & Forecast by Component, 2017-2023

8.4.7.3 Market Estimates & Forecast by Applications, 2017-2023

8.4.7.4 Market Estimates & Forecast by Drive Type, 2017-2023

8.4.7.4 Market Estimates & Forecast by Battery Type, 2017-2023

8.4.8 Rest of Asia Pacific

8.4.8.1 Market Estimates & Forecast, 2017-2023

8.4.8.2 Market Estimates & Forecast by Component, 2017-2023

8.4.8.3 Market Estimates & Forecast by Applications, 2017-2023

8.4.8.4 Market Estimates & Forecast by Drive Type, 2017-2023

8.4.8.4 Market Estimates & Forecast by Battery Type, 2017-2023

8.5 Rest of the World

8.5.1 Market Estimates & Forecast, 2017-2023

8.5.2 Market Estimates & Forecast by Component, 2017-2023

8.5.3 Market Estimates & Forecast by Applications, 2017-2023

8.5.4 Market Estimates & Forecast by Drive Type, 2017-2023

8.5.4 Market Estimates & Forecast by Battery Type, 2017-2023

9 Competitive Landscape


10 Company Profile

10.1 Siemens (Germany)

10.1.1 Company Overview

10.1.2 Products/Services Offering

10.1.3 Financial Overview

10.1.4 Key Developments

10.1.5 Strategy

10.1.6 SWOT Analysis

10.2 Robert Bosch (Germany)

10.2.1 Company Overview

10.2.2 Products/Services Offering

10.2.3 Financial Overview

10.2.4 Key Developments

10.2.5 Strategy

10.2.6 SWOT Analysis

10.3 Continental (Germany)

10.3.1 Company Overview

10.3.2 Products/Services Offering

10.3.3 Financial Overview

10.3.4 Key Developments

10.3.5 Strategy

10.3.6 SWOT Analysis

10.4 Aisin Seiki (Japan)

10.4.1 Company Overview

10.4.2 Products/Services Offering

10.4.3 Financial Overview

10.4.4 Key Developments

10.4.5 Strategy

10.4.6 SWOT Analysis

10.5 Schaeffler (Germany)

10.5.1 Company Overview

10.5.2 Products/Services Offering

10.5.3 Financial Overview

10.5.4 Key Developments

10.5.5 Strategy

10.5.6 SWOT Analysis

10.6 Infineon (Germany)

10.6.1 Company Overview

10.6.2 Products/Services Offering

10.6.3 Financial Overview

10.6.4 Key Developments

10.6.5 Strategy

10.6.6 SWOT Analysis

10.7 UQM Technologies (US)

10.7.1 Company Overview

10.7.2 Products/Services Offering

10.7.3 Financial Overview

10.7.4 Key Developments

10.7.5 Strategy

10.7.6 SWOT Analysis

10.8 Efficient Drivetrains (US)

10.8.1 Company Overview

10.8.2 Products/Services Offering

10.8.3 Financial Overview

10.8.4 Key Developments

10.8.5 Strategy

10.8.6 SWOT Analysis

10.9 Shanghai Edrive (China)

10.9.1 Company Overview

10.9.2 Products/Services Offering

10.9.3 Financial Overview

10.9.4 Key Developments

10.9.5 Strategy

10.9.6 SWOT Analysis

10.10 SINOEV (US)

10.10.1 Company Overview

10.10.2 Products/Services Offering

10.10.3 Financial Overview

10.10.4 Key Developments

10.10.5 Strategy

10.10.6 SWOT Analysis


List of Tables

Table 1 Global Smart e-Drive Market: By Region, 2017-2023

Table 2 North America Smart e-Drive Market: By Country, 2017-2023

Table 3 Europe Smart e-Drive Market: By Country, 2017-2023

Table 4 Asia Pacific Smart e-Drive Market: By Country, 2017-2023

Table 5 RoW Smart e-Drive Market: By Country, 2017-2023

Table 6 Global Smart e-Drive Market, by Component, By Regions, 2017-2023

Table 7 North America Smart e-Drive Market, by Component, By Country, 2017-2023

Table 8 Europe Smart e-Drive Market, by Resin type, By Country, 2017-2023

Table 9 Asia Pacific Smart e-Drive Market by Component, By Country, 2017-2023

Table 10 RoW Smart e-Drive Market by Component, By Country, 2017-2023

Table 11 Global Automotive Powertrain System by Applications Market: By Regions, 2017-2023

Table 12 North America Smart e-Drive Market by Applications: By Country, 2017-2023

Table 13 Europe Smart e-Drive Market by Applications: By Country, 2017-2023

Table 14 Asia Pacific Smart e-Drive Market by Applications: By Country, 2017-2023

Table 15 RoW Smart e-Drive Market by Applications: By Country, 2017-2023

Table 16 Global Smart e-Drive Market, by Drive Type, By Regions, 2017-2023

Table 17 North America Smart e-Drive Market, by Drive Type, By Country, 2017-2023

Table 18 Europe Smart e-Drive Market, by Drive Type, By Country, 2017-2023

Table 19 Asia Pacific Smart e-Drive Market, by Drive Type, By Country, 2017-2023

Table 20 RoW Smart e-Drive Market, by Drive Type, By Country, 2017-2023

Table 21 Global Applications type Market: By Region, 2017-2023

Table 22 Global Applications Market: By Region, 2017-2023

Table 23 Global Drive Type Market: By Region, 2017-2023

Table 24 North America Smart e-Drive Market, By Country

Table 25 North America Smart e-Drive Market, by Component

Table 26 North America Smart e-Drive Market, by Applications

Table 27 North America Smart e-Drive Market, By Drive Type

Table 28 North America Smart e-Drive Market, By Application

Table 29 Europe: Smart e-Drive Market, By Country

Table 30 Europe: Smart e-Drive Market, by Component

Table 31 Europe: Smart e-Drive Market, by Applications

Table 32 Europe: Smart e-Drive Market, By Drive Type

Table 33 Europe: Smart e-Drive Market, By Application

Table 34 Asia Pacific: Smart e-Drive Market, By Country

Table 35 Asia Pacific: Smart e-Drive Market, by Component

Table 36 Asia Pacific: Smart e-Drive Market, by Applications

Table 37 Asia Pacific: Smart e-Drive Market, By Drive Type

Table 38 Asia Pacific: Smart e-Drive Market, By Application

Table 39 RoW: Smart e-Drive Market, By Region

Table 40 RoW Smart e-Drive Market, by Component

Table 41 RoW Smart e-Drive Market, by Applications

Table 42 RoW Smart e-Drive Market, By Drive Type

Table 43 RoW Smart e-Drive Market, By Application




List of Figures

FIGURE 1 RESEARCH PROCESS OF MRFR

FIGURE 2 TOP DOWN & BOTTOM UP APPROACH

FIGURE 3 MARKET DYNAMICS

FIGURE 4 IMPACT ANALYSIS: MARKET DRIVERS

FIGURE 5 IMPACT ANALYSIS: MARKET RESTRAINTS

FIGURE 6 PORTER’S FIVE FORCES ANALYSIS

FIGURE 7 VALUE CHAIN ANALYSIS

FIGURE 8 GLOBAL SMART E-DRIVE MARKET SHARE, BY COMPONENT, 2016 (%)

FIGURE 9 GLOBAL SMART E-DRIVE MARKET, BY COMPONENT, 2015-2023 (USD MILLION)

FIGURE 10 GLOBAL SMART E-DRIVE MARKET SHARE, BY DRIVE TYPE, 2016 (%)

FIGURE 11 GLOBAL SMART E-DRIVE MARKET, BY DRIVE TYPE, 2015-2023 (USD MILLION)

FIGURE 12 GLOBAL SMART E-DRIVE MARKET SHARE (%), BY REGION, 2016

FIGURE 13 GLOBAL SMART E-DRIVE MARKET, BY REGION, 2015-2023 (USD MILLION)

FIGURE 14 NORTH AMERICA SMART E-DRIVE MARKET SHARE (%), 2016

FIGURE 15 NORTH AMERICA SMART E-DRIVE MARKET BY COUNTRY, 2015-2023 (USD MILLION)

FIGURE 16 EUROPE SMART E-DRIVE MARKET SHARE (%), 2016

FIGURE 17 EUROPE SMART E-DRIVE MARKET BY COUNTRY, 2015-2023 (USD MILLION)

FIGURE 18 ASIA PACIFIC SMART E-DRIVE MARKET SHARE (%), 2016

FIGURE 19 ASIA PACIFIC SMART E-DRIVE MARKET BY COUNTRY, 2015-2023 (USD MILLION)

FIGURE 20 REST OF THE WORLD SMART E-DRIVE MARKET SHARE (%), 2016

FIGURE 21 REST OF THE WORLD SMART E-DRIVE MARKET BY COUNTRY, 2015-2023 (USD MILLION)