Smart Electric Drive Market, By Vehicle Type (Passenger and Commercial Vehicles), By Electric Drive (Hybrid Ev, Plug-In Hybrid EV, Battery EV, and Fuel Cell Ev), By Component (Battery, Motor, Inverter System, E-Brake Booster, and Power Electronics), By Dr
Description
The global smart electric drive market has been witnessing significant growth over the past few years owing to the increasing demand for fuel-efficient and environment-friendly vehicles. Technological advancements in electric motors and growing concerns about vehicular emissions are supporting the adoption of electric drive systems in automobiles. Various automakers are focusing on developing hybrid and electric vehicles integrated with smart electric drive technologies. This is expected to help reduce dependency on conventional internal combustion engines. Moreover, stringent government regulations regarding carbon emissions from vehicles and provision of subsidies on electric vehicle purchase are favoring the smart electric drive market growth. However, high development costs of these systems remains a major challenge.
Market Dynamics:
The key drivers contributing to the growth of the global smart electric drive market include rising demand for fuel-efficient vehicles, stringent emission norms, and supportive government policies & regulations regarding the usage of electric vehicles. Moreover, advancements in power electronics and the development of high-performance electric motors are expanding the potential applications of smart electric drive systems. On the other hand, high developmental costs of these systems and lack of standardization are some of the major factors hindering the market growth. However, the increasing penetration of hybrid vehicles integrated with smart technologies as well as the growing demand for zero-emission vehicles present new opportunities in the coming years.
Key Features of the Study:
Market Dynamics:
The key drivers contributing to the growth of the global smart electric drive market include rising demand for fuel-efficient vehicles, stringent emission norms, and supportive government policies & regulations regarding the usage of electric vehicles. Moreover, advancements in power electronics and the development of high-performance electric motors are expanding the potential applications of smart electric drive systems. On the other hand, high developmental costs of these systems and lack of standardization are some of the major factors hindering the market growth. However, the increasing penetration of hybrid vehicles integrated with smart technologies as well as the growing demand for zero-emission vehicles present new opportunities in the coming years.
Key Features of the Study:
- This report provides an in-depth analysis of the global smart electric drive market, and provides market size (US$ Billion) and compound annual growth rate (CAGR %) for the forecast period (2025–2032, considering 2024 as the base year
- It elucidates potential revenue growth opportunities across different segments and explains attractive investment proposition matrices for this market.
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players.
- It profiles key players in the global smart electric drive market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies.
- Key companies covered as a part of this study 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, and ZF Group.
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics.
- The global smart electric drive market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
- By Vehicle Type
- Passenger
- Commercial Vehicles
- By Electric Drive
- Hybrid Ev
- Plug-in Hybrid EV
- Battery EV
- Fuel Cell EV
- By Component
- Battery
- Motor
- Inverter System
- E-Brake Booster
- Power Electronics
- By Drive Type
- Front Wheel Drive
- Rear Wheel Drive
- All-wheel Drive
- By Regional
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
- Key Players Insights
- 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
Table of Contents
165 Pages
- 1. Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
- 2. Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snapshot, By Vehicle Type
- Market Snapshot, By Electric Drive
- Market Snapshot, By Component
- Market Snapshot, By Drive Type
- Market Snapshot, By Region
- Coherent Opportunity Map (COM)
- 3. Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Opportunities
- Impact Analysis
- Key Highlights
- Regulatory Scenario
- Product Launches/Approvals
- PEST Analysis
- PORTER’s Analysis
- Merger and Acquisition Scenario
- 4. Global Smart Electric Drive Market – Impact of Coronavirus (COVID-19) Pandemic
- COVID-19 Epidemiology
- Supply Side and Demand Side Analysis
- Economic Impact
- 5. Global Smart Electric Drive Market, By Vehicle Type, 2020-2032, (USD Bn)
- Introduction
- Market Share Analysis, 2025 and 2032 (%)
- Y-o-Y Growth Analysis, 2020-2032
- Segment Trends
- Passenger
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
- Commercial Vehicles
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
- 6. Global Smart Electric Drive Market, By Electric Drive, 2020-2032, (USD Bn)
- Introduction
- Market Share Analysis, 2025 and 2032 (%)
- Y-o-Y Growth Analysis, 2020-2032
- Segment Trends
- Hybrid EV
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
- Plug-in Hybrid EV
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
- Battery EV
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
- Fuel Cell EV
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
- 7. Global Smart Electric Drive Market, By Component, 2020-2032, (USD Bn)
- Introduction
- Market Share Analysis, 2025 and 2032 (%)
- Y-o-Y Growth Analysis, 2020-2032
- Segment Trends
- Battery
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
- Motor
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
- Inverter System
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
- E-Brake Booster
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
- Power Electronics
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
- 8. Global Smart Electric Drive Market, By Drive Type, 2020-2032, (USD Bn)
- Introduction
- Market Share Analysis, 2025 and 2032 (%)
- Y-o-Y Growth Analysis, 2020-2032
- Segment Trends
- Front Wheel Drive
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
- Rear Wheel Drive
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
- All-wheel Drive
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
- 9. Global Smart Electric Drive Market, By Region, 2020-2032, (USD Bn)
- Introduction
- Market Share Analysis, By Region, 2025 and 2032 (%)
- Y-o-Y Growth Analysis, By Region, 2020-2032
- North America
- Regional Trends
- Market Size and Forecast, By Vehicle Type, 2020 - 2032 (USD Billion)
- Market Size and Forecast, By Electric Drive, 2020 - 2032 (USD Billion)
- Market Size and Forecast, By Component, 2020 - 2032 (USD Billion)
- Market Size and Forecast, By Drive Type, 2020 - 2032 (USD Billion)
- Market Share Analysis, By Country, 2025 and 2032 (%)
- U.S.
- Canada
- Europe
- Regional Trends
- Market Size and Forecast, By Vehicle Type, 2020 - 2032 (USD Billion)
- Market Size and Forecast, By Electric Drive, 2020 - 2032 (USD Billion)
- Market Size and Forecast, By Component, 2020 - 2032 (USD Billion)
- Market Size and Forecast, By Drive Type, 2020 - 2032 (USD Billion)
- Market Share Analysis, By Country, 2025 and 2032 (%)
- U.K.
- Germany
- France
- Italy
- Russia
- Rest of Europe
- Asia Pacific
- Regional Trends
- Market Size and Forecast, By Vehicle Type, 2020 - 2032 (USD Billion)
- Market Size and Forecast, By Electric Drive, 2020 - 2032 (USD Billion)
- Market Size and Forecast, By Component, 2020 - 2032 (USD Billion)
- Market Size and Forecast, By Drive Type, 2020 - 2032 (USD Billion)
- Market Share Analysis, By Country, 2025 and 2032 (%)
- China
- India
- Japan
- ASEAN
- Australia
- South Korea
- Rest of Asia Pacific
- Latin America
- Regional Trends
- Market Size and Forecast, By Vehicle Type, 2020 - 2032 (USD Billion)
- Market Size and Forecast, By Electric Drive, 2020 - 2032 (USD Billion)
- Market Size and Forecast, By Component, 2020 - 2032 (USD Billion)
- Market Size and Forecast, By Drive Type, 2020 - 2032 (USD Billion)
- Market Share Analysis, By Country, 2025 and 2032 (%)
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Middle East & Africa
- Regional Trends
- Market Size and Forecast, By Vehicle Type, 2020 - 2032 (USD Billion)
- Market Size and Forecast, By Electric Drive, 2020 - 2032 (USD Billion)
- Market Size and Forecast, By Component, 2020 - 2032 (USD Billion)
- Market Size and Forecast, By Drive Type, 2020 - 2032 (USD Billion)
- Market Share Analysis, By Country/Sub-region, 2025 and 2032 (%)
- South Africa
- GCC Countries
- Rest of the Middle East & Africa
- 10. Competitive Landscape
- Company Profiles
- ABB
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Aisin Corporation
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Allison Transmission
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Borgwarner
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Bosch
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Continental Ag
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Dana
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Denso
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- GKN (Melrose)
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Hexagon AB
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Hitachi
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Huayu Automotive Electric System
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- 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
- 11. Wheel of Fortune
- Wheel of Fortune
- Analyst View
- Coherent Opportunity Map
- 12. Section:
- Research Methodology
- About Us
- *Browse 24 market data tables and 28 figures on Global Smart Electric Drive Market” - Global forecast to 2032
Pricing
Currency Rates
Questions or Comments?
Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.
