Global Electric Vehicle Transmission System Market 2020-2024

Global Electric Vehicle Transmission System Market 2020-2024

Technavio has been monitoring the electric vehicle transmission system market and it is poised to grow by $ 91.95 bn during 2020-2024 progressing at a CAGR of 45% during the forecast period. Our reports on the electric vehicle transmission system market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the adoption of the multi-speed transmission, increasing demand for battery electric vehicles, and decreasing prices of lithium-ion battery boost adoption of electric vehicles (EVs).

The electric vehicle transmission system market analysis includes type segment and geographic landscape.

Technavio's electric vehicle transmission system market is segmented as below:

By Type

  • Multi-speed transmission
  • Single-speed transmission
By Geographic Landscapes
  • Europe
  • North America
  • APAC
  • South America
  • MEA
This study identifies rapid development of electrified luxury vehicles as one of the prime reasons driving the electric vehicle transmission system market growth during the next few years. Also, the popularity of e-axle system will lead to sizable demand in the market.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our electric vehicle transmission system market covers the following areas:
  • Electric vehicle transmission system market sizing
  • Electric vehicle transmission system market forecast
  • Electric vehicle transmission system market industry analysis
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading electric vehicle transmission system market vendors that include Aisin Seiki Co. Ltd., BorgWarner Inc., Eaton Corporation Plc, GKN Automotive Ltd., Hewland Engineering Ltd., OC Oerlikon Corp. AG, Ricardo Plc, Schaeffler AG, Xtrac Ltd., and ZF Friedrichshafen AG. Also, the electric vehicle transmission system market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.


  • Executive Summary
  • Market Landscape
    • Market ecosystem
      • Table Parent market
      • Table Market characteristics
    • Value chain analysis
      • Table Value Chain Analysis: Automotive Components and Accessories
      • Inputs:
      • Inbound logistics
      • Operations:
      • Distribution and logistics:
      • Marketing and sales:
      • Service:
      • Industry innovations:
  • Market Sizing
    • Market definition
      • Table Offerings of vendors included in the market definition
    • Market segment analysis
      • Table Market segments
    • Market size 2019
    • Market outlook: Forecast for 2019 - 2024
      • Table Global - Market size and forecast 2019 - 2024 ($ billion)
      • Table Global electric vehicle transmission system market 2019-2024 ($ billion), exclusive of COVID-19 impact
      • Table Global market: Year-over-year growth 2019 - 2024 (%)
  • Five Forces Analysis
    • Five forces summary
      • Table Five forces analysis 2019 & 2024
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2019
  • Market Segmentation by Type
    • Market segments
      • Table Type - Market share 2019-2024 (%)
    • Comparison by Type
      • Table Comparison by Type
    • Multi-speed transmission - Market size and forecast 2019-2024
      • Table Multi-speed transmission - Market size and forecast 2019-2024 ($ billion)
      • Table Global electric vehicle mulit-speed transmission system market 2019-2024 ($ billion), exclusive of COVID-19 impact
      • Table Multi-speed transmission - Year-over-year growth 2019-2024 (%)
    • Single-speed transmission - Market size and forecast 2019-2024
      • Table Single-speed transmission - Market size and forecast 2019-2024 ($ billion)
      • Table Global electric vehicle single-speed transmission system market 2019-2024 ($ billion), exclusive of COVID-19 impact
      • Table Single-speed transmission - Year-over-year growth 2019-2024 (%)
    • Market opportunity by Type
      • Table Market opportunity by Type
  • Customer landscape
    • Table Customer landscape
  • Geographic Landscape
    • Geographic segmentation
      • Table Market share by geography 2019-2024 (%)
    • Geographic comparison
      • Table Geographic comparison
    • Europe - Market size and forecast 2019-2024
      • Table Europe - Market size and forecast 2019-2024 ($ billion)
      • Table Electric vehicle transmission system market in Europe 2019-2024 ($ billion), exclusive of COVID-19 impact
      • Table Europe - Year-over-year growth 2019-2024 (%)
    • North America - Market size and forecast 2019-2024
      • Table North America - Market size and forecast 2019-2024 ($ billion)
      • Table Electric vehicle transmission system market in North America 2019-2024 ($ billion), exclusive of COVID-19 impact
      • Table North America - Year-over-year growth 2019-2024 (%)
    • APAC - Market size and forecast 2019-2024
      • Table APAC - Market size and forecast 2019-2024 ($ billion)
      • Table Electric vehicle transmission system market in APAC 2019-2024 ($ billion), exclusive of COVID-19 impact
      • Table APAC - Year-over-year growth 2019-2024 (%)
    • South America - Market size and forecast 2019-2024
      • Table South America - Market size and forecast 2019-2024 ($ billion)
      • Table Electric vehicle transmission system market in South America 2019-2024 ($ billion), exclusive of COVID-19 impact
      • Table South America - Year-over-year growth 2019-2024 (%)
    • MEA - Market size and forecast 2019-2024
      • Table MEA - Market size and forecast 2019-2024 ($ billion)
      • Table Electric vehicle transmission system market in MEA 2019-2024 ($ billion), exclusive of COVID-19 impact
      • Table MEA - Year-over-year growth 2019-2024 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity by geography
      • Table Market opportunity by geography
  • Drivers, Challenges, and Trends
    • Market drivers
      • Decreasing prices of lithium-ion battery boost adoption of electric vehicles (EVs)
      • Increasing demand for battery electric vehicles
      • Reduction in battery pack prices
      • Adoption of the multi-speed transmission
      • Favorable global regulatory environment
    • Market challenges
      • Non-uniformity in standards
      • Lack of adequate supporting infrastructure for electric vehicles
      • Mounting cost pressure on transmission system manufacturers from the demand side
      • Challenges in electric vehicle transmission system design
      • Consumers' reluctance to purchase EVs due to range anxiety
        • Table Impact of drivers and challenges
    • Market trends
      • Increase in popularity of e-axle system
      • Rapid development of electrified luxury vehicles
      • Use of light-weight transmission design
      • Integration of transmission system with other electric powertrain components to form electric drive units
      • Growing adoption of power-split CVT systems
  • Vendor Landscape
    • Overview
    • Vendor landscape
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
      • Table Industry risks
  • Vendor Analysis
    • Vendors covered
      • Table Vendors covered
    • Market positioning of vendors
      • Table Market positioning of vendors
    • Aisin Seiki Co. Ltd.
      • Table Aisin Seiki Co. Ltd. –Overview
      • Table Aisin Seiki Co. Ltd. - Business segments
      • Table Aisin Seiki Co. Ltd. - Key news
      • Table Aisin Seiki Co. Ltd. - Key offerings
      • Table Aisin Seiki Co. Ltd. - Segment focus
    • BorgWarner Inc.
      • Table BorgWarner Inc. –Overview
      • Table BorgWarner Inc. - Business segments
      • Table BorgWarner Inc. - Key news
      • Table BorgWarner Inc. - Key offerings
      • Table BorgWarner Inc. - Segment focus
    • Eaton Corporation Plc
      • Table Eaton Corporation Plc – Overview
      • Table Eaton Corporation Plc - Business segments
      • Table Eaton Corporation Plc - Key news
      • Table Eaton Corporation Plc - Key offerings
      • Table Eaton Corporation Plc - Segment focus
    • GKN Automotive Ltd.
      • Table GKN Automotive Ltd. –Overview
      • Table GKN Automotive Ltd. - Product and service
      • Table GKN Automotive Ltd. - Key news
      • Table GKN Automotive Ltd. - Key offerings
    • Hewland Engineering Ltd.
      • Table Hewland Engineering Ltd. –Overview
      • Table Hewland Engineering Ltd. - Product and service
      • Table Hewland Engineering Ltd. - Key offerings
    • OC Oerlikon Corp. AG
      • Table OC Oerlikon Corp. AG – Overview
      • Table OC Oerlikon Corp. AG - Business segments
      • Table OC Oerlikon Corp. AG - Key news
      • Table OC Oerlikon Corp. AG - Key offerings
      • Table OC Oerlikon Corp. AG - Segment focus
    • Ricardo Plc
      • Table Ricardo Plc – Overview
      • Table Ricardo Plc - Business segments
      • Table Ricardo Plc - Key news
      • Table Ricardo Plc - Key offerings
      • Table Ricardo Plc - Segment focus
    • Schaeffler AG
      • Table Schaeffler AG – Overview
      • Table Schaeffler AG - Business segments
      • Table Schaeffler AG - Key news
      • Table Schaeffler AG - Key offerings
      • Table Schaeffler AG - Segment focus
    • Xtrac Ltd.
      • Table Xtrac Ltd. –Overview
      • Table Xtrac Ltd. - Business segments
      • Table Xtrac Ltd. - Key offerings
    • ZF Friedrichshafen AG
      • Table ZF Friedrichshafen AG – Overview
      • Table ZF Friedrichshafen AG - Business segments
      • Table ZF Friedrichshafen AG - Key news
      • Table ZF Friedrichshafen AG - Key offerings
      • Table ZF Friedrichshafen AG - Segment focus
  • Appendix
    • Scope of the report
      • Market definition
      • Objectives
      • Notes and caveats
    • Currency conversion rates for US$
      • Table Currency conversion rates for US$
    • Research methodology
      • Table Research Methodology
      • Table Validation techniques employed for market sizing
      • Table Information sources
    • List of abbreviations
      • Table List of abbreviations

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