Global Electric Drive Unit for Plug-in Hybrid Electric Vehicle Market Growth 2025-2031

The global Electric Drive Unit for Plug-in Hybrid Electric Vehicle market size is predicted to grow from US$ 4470 million in 2025 to US$ 26150 million in 2031; it is expected to grow at a CAGR of 34.2% from 2025 to 2031.

An electric drive unit (EDU) is a key component of a plug-in hybrid electric vehicle (PHEV). It consists of several elements that work together to provide electric propulsion to the vehicle.

PHEVs offer improved fuel efficiency compared to conventional vehicles, as they can operate in all-electric mode for shorter trips. With rising fuel prices and growing environmental consciousness among consumers, there is an increasing demand for vehicles that offer better fuel economy and lower emissions. EDUs play a crucial role in providing the electric propulsion capability, making PHEVs an attractive choice for eco-conscious consumers. Automakers are expanding their lineup of PHEV models to cater to the increasing demand for electric and hybrid vehicles. The availability of a wider range of PHEVs in different vehicle segments gives consumers more options to choose from, leading to increased market penetration for EDUs. As the market for PHEVs continues to grow, it drives the demand for EDUs in the automotive industry.

LP Information, Inc. (LPI) ' newest research report, the “Electric Drive Unit for Plug-in Hybrid Electric Vehicle Industry Forecast” looks at past sales and reviews total world Electric Drive Unit for Plug-in Hybrid Electric Vehicle sales in 2024, providing a comprehensive analysis by region and market sector of projected Electric Drive Unit for Plug-in Hybrid Electric Vehicle sales for 2025 through 2031. With Electric Drive Unit for Plug-in Hybrid Electric Vehicle sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Electric Drive Unit for Plug-in Hybrid Electric Vehicle industry.

This Insight Report provides a comprehensive analysis of the global Electric Drive Unit for Plug-in Hybrid Electric Vehicle landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Electric Drive Unit for Plug-in Hybrid Electric Vehicle portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Electric Drive Unit for Plug-in Hybrid Electric Vehicle market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Electric Drive Unit for Plug-in Hybrid Electric Vehicle and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Electric Drive Unit for Plug-in Hybrid Electric Vehicle.

This report presents a comprehensive overview, market shares, and growth opportunities of Electric Drive Unit for Plug-in Hybrid Electric Vehicle market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:

Below 60kW

60KW-100KW

Above 100KW

Segmentation by Application:

Sedan

SUV

This report also splits the market by region:

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.

BYD

Bosch

ZF

Valeo

Borg Warner

Nidec

UAE

Founder Motor

HASCO

INOVANCE Automotive

Key Questions Addressed in this Report

What is the 10-year outlook for the global Electric Drive Unit for Plug-in Hybrid Electric Vehicle market?

What factors are driving Electric Drive Unit for Plug-in Hybrid Electric Vehicle market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Electric Drive Unit for Plug-in Hybrid Electric Vehicle market opportunities vary by end market size?

How does Electric Drive Unit for Plug-in Hybrid Electric Vehicle break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.