Global Smart e-Drive Market Research Report- Forecast 2027

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 2027

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

Smart e-Drive Market Overview


The global Smart e-Drive Market has witnessed significant growth for the research period. Further, the growing demand for smart e-drive is projected to enhance the market growth with USD 2 Billion and a CAGR of 30% during the forecast period. The market has more demands worldwide due to the growing demand for more miles driven in a vehicle range or single charge.


The global Market of smart e-drive has various battery types extensively used across various parts of the world. These batteries come in different sizes, voltages, amperages, and shapes. Out of all, the lead-acid battery is one type of battery that is widely preferred as they do not allow for loss of liquid or the addition. Moreover, the e-Axle application is high in demand because it helps in reducing the bearing and interface, reduces noise, better performance, and less energy use.


The various government is making a plan to promote the use of electric vehicles and to reduce carbon emission, which is propelling the growth of the global Market. Even many countries' governments are implementing incentives and tax benefits to the original equipment of electric vehicle manufacturers, enhancing the growth of the global market. Moreover, the major threat to human life is global warming, increasing concerns regarding environmental pollution. The emergence of eco-friendly vehicles generates huge opportunities for the global Market and its key players. Apart from that, the global market has involved many intended audiences such as Smart electric drive system/component manufacturers, Smart electric drive suppliers, distributors or dealers of automotive smart electric drive components and systems, Raw material suppliers, Industry associations, Traders, and distributors of smart electric drive systems, Automobile organizations/associations, and Automotive original equipment manufacturers (OEM).


COVID-19 Impact Analysis


The ongoing global pandemic has impacted many marketing firms along with the Smart e-Drive Market Trends. In the first half of the year 2020, the global market has experienced a halt where the market experienced a huge loss, reduction in the demand over the product, lack of productivity, and others. As a result, the global market has lost its important investors, disrupting its supply chain. 


Apart from that, the global Market achieved success in handling the situation. In the present scenario, the global market has been predicted to grow on a large scale for the research period. 


Competitive Landscape Analysis


The Smart e-Drive Market Trends report has explained that the global market is propelling its growth for the forecast period due to the key players' continuous efforts and higher contributions. These key players are:



  • Robert Bosch (Germany), 

  • Schaeffler (Germany),  

  • UQM Technologies (U.S.), 

  • BorgWarner (U.S.), 

  • Shanghai Edrive (China), 

  • Infineon (Germany), 

  • Efficient Drivetrains (U.S.), 

  • SINOEV (U.S.), 

  • Siemens (Germany),

  • Continental (Germany), 

  • Aisin Seiki (Japan).


The above-mentioned key players have adopted advanced technologies and innovative ideas to introduce the effective product to the customer and increase the demand for the Smart e-Drive in the global market. This can increase the Market Growthfor the evaluation period.


Recent Developments



  • In the present scenario, the North American market has been attributed to generating significant market growth due to vehicle weight reduction, state-of-the-art technology, and increasing green vehicles demands.


Market Overview 



  • Major Drivers of the Market


The introduction of governmental stringent rules and regulations and the high demand for electric vehicles and hybrid vehicles are the major growth driver of the global Smart e-Drive Market. Moreover, the emergence of eco-friendly vehicles and implementations of tax benefits and incentives across the various region is propelling the Market Growth.


The U.S. Department of Energy has invested in 16 electric vehicle projects across the District of Columbia and 24 states to help communities prepare for charging infrastructure and plug-in electric vehicles. These kinds of initiatives by the government are propelling the growth of the Market.



  • Opportunities of the global market


Over the last few years, the government's implementation of several regulations and policies to delimit vehicle emissions has brought many opportunities for the global Smart e-Drive Market.


The increasing focus on vehicle electrification, increase in fuel economy, and overall vehicle efficiency in passenger cars are important factors to bring lucrative opportunities for the key players and Smart e-Drive Industry.



  • Market Restraints


The global Market of Smart e-Drive is accounted to experience major restraints due to the high cost of technologies, lack of charging infrastructure, and high cost of components.


Therefore, the global Market engages more key players to thrive the market growth for the assessment period. 



  • Market Growth challenges


The global Market of Smart e-Drive might experience challenges due to the high cost of the components and advanced technologies.


Another major challenge for the Market can be the unprecedented COVID-19 pandemic, which has impacted the growth of the global market by disrupting the major sales of the market.



  • Cumulative growth Analysis


The global Smart e-Drive Market Trends has more growth opportunities and scope for the key players and manufacturers, showing significant growth in different regions.


According to the global market report, the European Market has witnessed significant market growth and is predicted to contribute to the higher Market Size for the assessment period.


Market segment Overview



  • By Battery Type: 


The global Market of Smart e-Drive has been segregated into nickel-based, lead-acid, solid-state, and lead-acid batteries based on the battery type segment.


Among these segments, the lead-acid battery is projected to show significant growth and higher Market Share for the forecast period. This battery type is widely used and has more demands worldwide due to its rechargeable batteries feature, high power density, low maintenance, and ease of use. 



  • By Drive Type:


Based on the drive type segment, the Market has been segregated into the rear-wheel smart electric drive, front-wheel smart electric drive, and all-wheel smart electric drive market.


The front-wheel smart electric drive market is expected to generate the largest Market Size for the forecast period due to many benefits like better fuel economy and low cost.



  • By Components:


Based on the component segment, the global Market of Smart e-Drive has been classified into the Motor generator market, Battery market, e-Brake booster market, and Power electronics market.


Out of all, the battery segment is projected to be the fastest-growing market and predicted to generate the largest Market Size during the forecast period.



  • By Application


The global Market of Smart e-Drive has been segregated into the wheel drive and e-Axle markets based on the application segment.


Out of all, the e-axle segment is projected to grow Market Share for the forecast period. This application segment is growing due to various factors like overall vehicle efficiency in passenger cars, growing specific attention towards vehicle electrification, and a rise in fuel economy. 


Regional Analysis


Regionally, the global Smart e-Drive Market has been segregated into different regions based on the regional segments. These regions are Europe, North America, Asia Pacific, and the Rest of the World. 


The European regional market is projected to lead the global market, contributing the higher Market Share for the forecast period. This region is showing more growth due to several factors like the rapid technological advancements of the batteries, introduction of governmental strict emission control regulations, increasing demand for electric charge batteries, and plug-in hybrid and hybrid vehicles across the European region. Moreover, the electric vehicle manufacturers highly contribute to the region, which is predicted to thrive the Market Growthin Europe.  


Report Overview


The Smart e-Drive Industry report includes extensive primary research to overview the key opinion leaders, industry experts, and many others. This report has also involved both quantitative and qualitative aspects of detailed analysis studies in measuring the industry and market performance. Here, the report has focused on the market size, Market value, and market share in terms of value and volumes to clarify the current market scenario. 


The Smart e-Drive Industry report has covered market segments, technological advancement, governing factors, market dynamics, and many others to overview the global Smart e-Drive Market. Moreover, the competitive landscape analysis has been conducted to understand the present completions of the global key players across various world regions. 


Segmental Table:


By Battery Type:



  • nickel-based, 

  • lead-acid, 

  • solid state battery,

  • lead-acid battery


By Drive Type:



  • rear wheel smart electric drive market, 

  • front wheel smart electric drive market, 

  • all-wheel smart electric drive market


By Components:



  • Motor generator market, 

  • Battery market, 

  • e-Brake booster market, 

  • Power electronics market


By Application:



  • Wheel drive market, 

  • e-Axle 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, 2020-2027

5.2.2 Market Estimates & Forecast by Region, 2020-2027

5.3 E-Brake Booster

5.3.1 Market Estimates & Forecast, 2020-2027

5.3.2 Market Estimates & Forecast by Region, 2020-2027

5.4 Inverter

5.4.1 Market Estimates & Forecast, 2020-2027

5.4.2 Market Estimates & Forecast by Region, 2020-2027

5.5 Motor

5.5.1 Market Estimates & Forecast, 2020-2027

5.5.2 Market Estimates & Forecast by Region, 2020-2027

5.6 Battery

5.6.1 Market Estimates & Forecast, 2020-2027

5.6.2 Market Estimates & Forecast by Region, 2020-2027


6 Global Smart e-Drive Market , By Applications

6.1 Introduction

6.2 e-Axle

6.2.1 Market Estimates & Forecast, 2020-2027

6.2.2 Market Estimates & Forecast by Region, 2020-2027

6.3 Wheel drive

6.3.1 Market Estimates & Forecast, 2020-2027

6.3.2 Market Estimates & Forecast by Region, 2020-2027


7 Global Smart e-Drive Market , By Drive Type

7.1 Introduction

7.2 Front wheel drive

7.2.1 Market Estimates & Forecast, 2020-2027

7.2.2 Market Estimates & Forecast by Region, 2020-2027

7.3 Rear wheel drive

7.3.1 Market Estimates & Forecast, 2020-2027

7.3.2 Market Estimates & Forecast by Region, 2020-2027

7.4 Others

7.4.1 Market Estimates & Forecast, 2020-2027

7.4.2 Market Estimates & Forecast by Region, 2020-2027

7 Global Smart e-Drive Market , By Battery Type

7.1 Introduction

7.2 Lithium-ion

7.2.1 Market Estimates & Forecast, 2020-2027

7.2.2 Market Estimates & Forecast by Region, 2020-2027

7.3 Nickel-based

7.3.1 Market Estimates & Forecast, 2020-2027

7.3.2 Market Estimates & Forecast by Region, 2020-2027

7.4 Lead acid

7.4.1 Market Estimates & Forecast, 2020-2027

7.4.2 Market Estimates & Forecast by Region, 2020-2027

7.5 Solid state battery

7.5.1 Market Estimates & Forecast, 2020-2027

7.5.2 Market Estimates & Forecast by Region, 2020-2027

8 Global Smart e-Drive Market , By Region

8.1 Introduction

8.2 North America

8.2.1 Market Estimates & Forecast, 2020-2027

8.2.2 Market Estimates & Forecast by Component, 2020-2027

8.2.3 Market Estimates & Forecast by technology, 2020-2027

8.2.4 Market Estimates & Forecast by Drive Type, 2020-2027

8.2.4 Market Estimates & Forecast by Battery Type, 2020-2027

8.2.5 The U.S

8.2.5.1 Market Estimates & Forecast, 2020-2027

8.2.5.2 Market Estimates & Forecast by Component, 2020-2027

8.2.5.3 Market Estimates & Forecast by Applications, 2020-2027

8.2.5.4 Market Estimates & Forecast by Drive Type, 2020-2027

8.2.5.4 Market Estimates & Forecast by Battery Type, 2020-2027

8.2.6 Canada

8.2.6.1 Market Estimates & Forecast, 2020-2027

8.2.6.2 Market Estimates & Forecast by Component, 2020-2027

8.2.6.3 Market Estimates & Forecast by Applications, 2020-2027

8.2.6.4 Market Estimates & Forecast by Drive Type, 2020-2027

8.2.6.4 Market Estimates & Forecast by Battery Type, 2020-2027

8.3 Europe

8.3.1 Market Estimates & Forecast, 2020-2027

8.3.2 Market Estimates & Forecast by Component, 2020-2027

8.3.3 Market Estimates & Forecast by Applications, 2020-2027

8.3.4 Market Estimates & Forecast by Drive Type, 2020-2027

8.3.4 Market Estimates & Forecast by Battery Type, 2020-2027

8.3.5 U.K

8.3.5.1 Market Estimates & Forecast, 2020-2027

8.3.5.2 Market Estimates & Forecast by Component, 2020-2027

8.3.5.3 Market Estimates & Forecast by Applications, 2020-2027

8.3.5.4 Market Estimates & Forecast by Drive Type, 2020-2027

8.3.5.4 Market Estimates & Forecast by Battery Type, 2020-2027

8.3.6 Germany

8.3.6.1 Market Estimates & Forecast, 2020-2027

8.3.6.2 Market Estimates & Forecast by Component, 2020-2027

8.3.6.3 Market Estimates & Forecast by Applications, 2020-2027

8.3.6.4 Market Estimates & Forecast by Drive Type, 2020-2027

8.3.6.4 Market Estimates & Forecast by Battery Type, 2020-2027

8.3.7 France

8.3.7.1 Market Estimates & Forecast, 2020-2027

8.3.7.2 Market Estimates & Forecast by Component, 2020-2027

8.3.7.3 Market Estimates & Forecast by Applications, 2020-2027

8.3.7.4 Market Estimates & Forecast by Drive Type, 2020-2027

8.3.7.4 Market Estimates & Forecast by Battery Type, 2020-2027

8.3.8 Italy

8.3.8.1 Market Estimates & Forecast, 2020-2027

8.3.8.2 Market Estimates & Forecast by Component, 2020-2027

8.3.8.3 Market Estimates & Forecast by Applications, 2020-2027

8.3.8.4 Market Estimates & Forecast by Drive Type, 2020-2027

8.3.8.4 Market Estimates & Forecast by Battery Type, 2020-2027

8.3.9 Rest of Europe

8.3.9.1 Market Estimates & Forecast, 2020-2027

8.3.9.2 Market Estimates & Forecast by Component, 2020-2027

8.3.9.3 Market Estimates & Forecast by Applications, 2020-2027

8.3.9.4 Market Estimates & Forecast by Drive Type, 2020-2027

8.3.9.4 Market Estimates & Forecast by Battery Type, 2020-2027

8.4 Asia Pacific

8.4.1 Market Estimates & Forecast, 2020-2027

8.4.2 Market Estimates & Forecast by Component, 2020-2027

8.4.3 Market Estimates & Forecast by Applications, 2020-2027

8.4.4 Market Estimates & Forecast by Drive Type, 2020-2027

8.4.4 Market Estimates & Forecast by Battery Type, 2020-2027

8.4.5 China

8.4.5.1 Market Estimates & Forecast, 2020-2027

8.4.5.2 Market Estimates & Forecast by Component, 2020-2027

8.4.5.3 Market Estimates & Forecast by Applications, 2020-2027

8.4.5.4 Market Estimates & Forecast by Drive Type, 2020-2027

8.4.5.4 Market Estimates & Forecast by Battery Type, 2020-2027

8.4.6 Japan

8.4.6.1 Market Estimates & Forecast, 2020-2027

8.4.6.2 Market Estimates & Forecast by Component, 2020-2027

8.4.6.3 Market Estimates & Forecast by Applications, 2020-2027

8.4.6.4 Market Estimates & Forecast by Drive Type, 2020-2027

8.4.6.4 Market Estimates & Forecast by Battery Type, 2020-2027

8.4.7 India

8.4.7.1 Market Estimates & Forecast, 2020-2027

8.4.7.2 Market Estimates & Forecast by Component, 2020-2027

8.4.7.3 Market Estimates & Forecast by Applications, 2020-2027

8.4.7.4 Market Estimates & Forecast by Drive Type, 2020-2027

8.4.7.4 Market Estimates & Forecast by Battery Type, 2020-2027

8.4.8 Rest of Asia Pacific

8.4.8.1 Market Estimates & Forecast, 2020-2027

8.4.8.2 Market Estimates & Forecast by Component, 2020-2027

8.4.8.3 Market Estimates & Forecast by Applications, 2020-2027

8.4.8.4 Market Estimates & Forecast by Drive Type, 2020-2027

8.4.8.4 Market Estimates & Forecast by Battery Type, 2020-2027

8.5 Rest of the World

8.5.1 Market Estimates & Forecast, 2020-2027

8.5.2 Market Estimates & Forecast by Component, 2020-2027

8.5.3 Market Estimates & Forecast by Applications, 2020-2027

8.5.4 Market Estimates & Forecast by Drive Type, 2020-2027

8.5.4 Market Estimates & Forecast by Battery Type, 2020-2027

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, 2020-2027

Table 2 North America Smart e-Drive Market: By Country, 2020-2027

Table 3 Europe Smart e-Drive Market: By Country, 2020-2027

Table 4 Asia Pacific Smart e-Drive Market: By Country, 2020-2027

Table 5 RoW Smart e-Drive Market: By Country, 2020-2027

Table 6 Global Smart e-Drive Market, by Component, By Regions, 2020-2027

Table 7 North America Smart e-Drive Market, by Component, By Country, 2020-2027

Table 8 Europe Smart e-Drive Market, by Resin type, By Country, 2020-2027

Table 9 Asia Pacific Smart e-Drive Market by Component, By Country, 2020-2027

Table 10 RoW Smart e-Drive Market by Component, By Country, 2020-2027

Table 11 Global Automotive Powertrain System by Applications Market: By Regions, 2020-2027

Table 12 North America Smart e-Drive Market by Applications: By Country, 2020-2027

Table 13 Europe Smart e-Drive Market by Applications: By Country, 2020-2027

Table 14 Asia Pacific Smart e-Drive Market by Applications: By Country, 2020-2027

Table 15 RoW Smart e-Drive Market by Applications: By Country, 2020-2027

Table 16 Global Smart e-Drive Market, by Drive Type, By Regions, 2020-2027

Table 17 North America Smart e-Drive Market, by Drive Type, By Country, 2020-2027

Table 18 Europe Smart e-Drive Market, by Drive Type, By Country, 2020-2027

Table 19 Asia Pacific Smart e-Drive Market, by Drive Type, By Country, 2020-2027

Table 20 RoW Smart e-Drive Market, by Drive Type, By Country, 2020-2027

Table 21 Global Applications type Market: By Region, 2020-2027

Table 22 Global Applications Market: By Region, 2020-2027

Table 23 Global Drive Type Market: By Region, 2020-2027

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, 2020 (%)

FIGURE 9 GLOBAL SMART E-DRIVE MARKET, BY COMPONENT, 2020-2027 (USD MILLION)

FIGURE 10 GLOBAL SMART E-DRIVE MARKET SHARE, BY DRIVE TYPE, 2020 (%)

FIGURE 11 GLOBAL SMART E-DRIVE MARKET, BY DRIVE TYPE, 2020-2027 (USD MILLION)

FIGURE 12 GLOBAL SMART E-DRIVE MARKET SHARE (%), BY REGION, 2020

FIGURE 13 GLOBAL SMART E-DRIVE MARKET, BY REGION, 2020-2027 (USD MILLION)

FIGURE 14 NORTH AMERICA SMART E-DRIVE MARKET SHARE (%), 2020

FIGURE 15 NORTH AMERICA SMART E-DRIVE MARKET BY COUNTRY, 2020-2027 (USD MILLION)

FIGURE 16 EUROPE SMART E-DRIVE MARKET SHARE (%), 2020

FIGURE 17 EUROPE SMART E-DRIVE MARKET BY COUNTRY, 2020-2027 (USD MILLION)

FIGURE 18 ASIA PACIFIC SMART E-DRIVE MARKET SHARE (%), 2020

FIGURE 19 ASIA PACIFIC SMART E-DRIVE MARKET BY COUNTRY, 2020-2027 (USD MILLION)

FIGURE 20 REST OF THE WORLD SMART E-DRIVE MARKET SHARE (%), 2020

FIGURE 21 REST OF THE WORLD SMART E-DRIVE MARKET BY COUNTRY, 2020-2027 (USD MILLION)

Smart e-Drive Market