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Global Electric Vehicle Transmission Market 2016-2020

Global Electric Vehicle Transmission Market 2016-2020

About EV Transmission

The popularity of electric vehicles (EVs) as a greener option to curb environmental pollution has shot up in recent times. There has been a shift in public perception from disapproving electric vehicles as costly and inferior in terms of quality such as power, efficiency, and comfort to a more viable option for transportation. Electric cars are powered by electric motors, unlike the internal combustion (IC) engines that run on gasoline or diesel. The electric vehicle gets the energy stored in its batteries, which are rechargeable. Earlier during its launch, electrical vehicles were not widely adopted because of the low driving range and the need to recharge again. The charging stations were slow charging points, which used to take multiple hours to charge the battery.

Technavio’s analysts forecast the global EV transmission market to grow at a CAGR of 46.73% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global EV transmission market for 2016-2020. To calculate the market size, the report considers the sales volume of the electric vehicles in different regions.The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global EV Transmission Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • GKN
  • ZF
  • Antonov
Market driver
  • Government initiatives to promote electric vehicles
  • For a full, detailed list, view our report
Market challenge
  • Below par performance of lithium-ion batteries
  • For a full, detailed list, view our report
Market trend
  • Enhanced range of electric vehicles
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2020 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global EV Transmission Market 2016-2020

Technavio recognizes the following companies as the key players in the global EV transmission market: GKN, ZF, and Antonov

Commenting on the report, an analyst from Technavio’s team said: “Almost all OEMs except BMW is using single-gear transmission technology. But certain drivetrain manufacturers such as ZF and GKN have plans to develop multi-gear transmission, as single-gear transmission does not perform well in very slow or very high speed. Antonov is also developing a 3-speed gearbox for electric vehicles to become a leading manufacturer of multi-gearbox speed transmission.”

According to the report, one of the major challenges to the wide-scale adoption of electric vehicles is range anxiety. Range anxiety is the fear that the vehicle does not have enough range to reach its destination and will be stranded on the road far away from charging stations. The apprehension stems from the fact that compared with conventional IC vehicles most electric vehicle models are not able to travel far. Many of the electric vehicles cannot even cover 150 miles on a single charge. The number of charging stations is also not sufficient to fulfill the charging requirement of the electric vehicles. Most of the charging stations are slow charging stations that take multiple hours to charge the battery, which is not desirable.

Further, the report states that electricity production from the burning of fossil fuels such as coal and natural gas is the major contributor to greenhouse gases. Around 30% of the total greenhouse gases produced in the US is from electricity production from fossil fuels. The second major contributor to greenhouse gases is from the automotive industry. Approximately 26% of the total emitted greenhouse gas is from the transportation which includes burning of fossil fuels from cars, trucks, bus, ships, planes, and trains.

Companies Mentioned

GKN, ZF, and Antonov

  • Executive summary
    • Highlights
  • Scope of the report
    • Market overview
      • Table Segmentation of global electric vehicle transmission market
    • Top-vendor offerings
      • Table Product offerings
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
  • Market landscape
    • Market overview
    • Market size and forecast
      • Table Global electric vehicle transmission market 2015-2020 (thousands of units)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by gear type
    • Global electric vehicle transmission market by gear type
      • Table Global electric vehicle transmission market by gear type 2015
      • Table Global electric vehicle transmission market by gear type 2020
      • Table Global electric vehicle transmission market by gear type 2015-2020 (thousands of units)
    • Global electric vehicle market in single-gear transmission segment
      • Table Global electric vehicle market in single-gear transmission segment 2015-2020 (thousands of units)
    • Global electric vehicle market in multi-gear transmission segment
      • Table Global electric vehicle market in multi-gear transmission segment 2015-2020 (thousands of units)
  • Geographical segmentation
    • Global electric vehicle transmission market by geography
      • Table Global electric vehicle transmission market by geography 2015 and 2020
    • Electric vehicle transmission market in Americas
      • Table Electric vehicle transmission market in Americas 2015-2020 (thousands of units)
    • Electric vehicle transmission market in Europe
      • Table Electric vehicle transmission market in Europe 2015-2020 (thousands of units)
      • Table Sales volume of electric vehicle transmission market in European countries 2015 (thousands of units)
    • Electric vehicle transmission market in APAC
      • Table Electric vehicle transmission market in APAC 2015-2020 (thousands of units)
      • Table Electric vehicle sales compared with total vehicle sales in China 2014-2020 (%)
      • Table Key leading countries
  • Market drivers
    • Table Key market drivers
    • Government initiatives to promote sales of electric vehicles
    • Increased emission of greenhouse gases
    • Rise in sales of plug-in hybrid vehicles and electric vehicles
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
    • Table Key market challenges
    • Growing trend of downsizing of IC engines
    • Range anxiety
    • Below par performance of lithium-ion batteries
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
    • Table Key market trends
    • Growing research in multi-gear transmission
    • Enhanced range of electric vehicles
  • Key vendor analysis
    • GKN
      • Table GKN product overview
      • Table GKN Product portfolio in eDrive systems
      • Table GKN: business segmentation by revenue 2015
      • Table GKN: Sales by product group
      • Table GKN: geographical segmentation by revenue 2015
      • Table BorgWarner product overview
      • Table BorgWarner business segmentation by revenue 2015
      • Table BorgWarner geographical segmentation by revenue 2015
      • Table BorgWarner Product portfolio
    • ZF
      • Table ZF product portfolio
      • Table ZF Transmission systems product portfolio
      • Table ZF: business segmentation by revenue 2015
    • Antonov
      • Table Antonov in global electric vehicle transmission market
  • Appendix
    • List of abbreviations
  • Explore Technavio

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