Global Electric Truck Axles Market Growth 2025-2031
Description
The global Electric Truck Axles market size is predicted to grow from US$ 3819 million in 2025 to US$ 5918 million in 2031; it is expected to grow at a CAGR of 7.6% from 2025 to 2031.
The impact of the latest U.S. tariff measures and the corresponding policy responses from countries worldwide on market competitiveness, regional economic performance, and supply chain configurations will be comprehensively evaluated in this report.
Electric truck axles are integrated systems that combine an electric motor, power electronics, and transmission components within a single axle housing. These axles are designed to deliver power directly to the truck's wheels, enabling electric propulsion. Unlike traditional axles that rely on a separate engine and drivetrain, electric truck axles streamline the drivetrain, improving efficiency, reducing weight, and optimizing space. They are critical components in battery electric trucks (BETs) and hybrid trucks, supporting various vehicle classes from light-duty to heavy-duty applications.
United States market for Electric Truck Axles is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.
China market for Electric Truck Axles is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.
Europe market for Electric Truck Axles is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.
Global key Electric Truck Axles players cover Dana Incorporated, Allison Transmission, ZF Friedrichshafen, Accelera (Cummins), Daimler Trucks, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2024.
LP Information, Inc. (LPI) ' newest research report, the “Electric Truck Axles Industry Forecast” looks at past sales and reviews total world Electric Truck Axles sales in 2024, providing a comprehensive analysis by region and market sector of projected Electric Truck Axles sales for 2025 through 2031. With Electric Truck Axles sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Electric Truck Axles industry.
This Insight Report provides a comprehensive analysis of the global Electric Truck Axles 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 Truck Axles portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Electric Truck Axles market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Electric Truck Axles 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 Truck Axles.
This report presents a comprehensive overview, market shares, and growth opportunities of Electric Truck Axles market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Single-Motor e-Axles
Dual-Motor e-Axles
Three-Motor e-Axles
Segmentation by Application:
Electric Trucks
Electric Buses
Electric Dumps
Others
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.
Dana Incorporated
Allison Transmission
ZF Friedrichshafen
Accelera (Cummins)
Daimler Trucks
Robert Bosch
Magna International
Rotontek
Tesla
Qingte Group
Schaeffler Group
American Axle & Manufacturing
Jost Werke
Workhorse Group
BYD Auto
Nikola
Rivian
Volvo
Key Questions Addressed in this Report
What is the 10-year outlook for the global Electric Truck Axles market?
What factors are driving Electric Truck Axles market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Electric Truck Axles market opportunities vary by end market size?
How does Electric Truck Axles break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
The impact of the latest U.S. tariff measures and the corresponding policy responses from countries worldwide on market competitiveness, regional economic performance, and supply chain configurations will be comprehensively evaluated in this report.
Electric truck axles are integrated systems that combine an electric motor, power electronics, and transmission components within a single axle housing. These axles are designed to deliver power directly to the truck's wheels, enabling electric propulsion. Unlike traditional axles that rely on a separate engine and drivetrain, electric truck axles streamline the drivetrain, improving efficiency, reducing weight, and optimizing space. They are critical components in battery electric trucks (BETs) and hybrid trucks, supporting various vehicle classes from light-duty to heavy-duty applications.
United States market for Electric Truck Axles is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.
China market for Electric Truck Axles is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.
Europe market for Electric Truck Axles is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.
Global key Electric Truck Axles players cover Dana Incorporated, Allison Transmission, ZF Friedrichshafen, Accelera (Cummins), Daimler Trucks, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2024.
LP Information, Inc. (LPI) ' newest research report, the “Electric Truck Axles Industry Forecast” looks at past sales and reviews total world Electric Truck Axles sales in 2024, providing a comprehensive analysis by region and market sector of projected Electric Truck Axles sales for 2025 through 2031. With Electric Truck Axles sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Electric Truck Axles industry.
This Insight Report provides a comprehensive analysis of the global Electric Truck Axles 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 Truck Axles portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Electric Truck Axles market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Electric Truck Axles 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 Truck Axles.
This report presents a comprehensive overview, market shares, and growth opportunities of Electric Truck Axles market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Single-Motor e-Axles
Dual-Motor e-Axles
Three-Motor e-Axles
Segmentation by Application:
Electric Trucks
Electric Buses
Electric Dumps
Others
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.
Dana Incorporated
Allison Transmission
ZF Friedrichshafen
Accelera (Cummins)
Daimler Trucks
Robert Bosch
Magna International
Rotontek
Tesla
Qingte Group
Schaeffler Group
American Axle & Manufacturing
Jost Werke
Workhorse Group
BYD Auto
Nikola
Rivian
Volvo
Key Questions Addressed in this Report
What is the 10-year outlook for the global Electric Truck Axles market?
What factors are driving Electric Truck Axles market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Electric Truck Axles market opportunities vary by end market size?
How does Electric Truck Axles break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
Table of Contents
131 Pages
- *This is a tentative TOC and the final deliverable is subject to change.*
- 1 Scope of the Report
- 2 Executive Summary
- 3 Global by Company
- 4 World Historic Review for Electric Truck Axles by Geographic Region
- 5 Americas
- 6 APAC
- 7 Europe
- 8 Middle East & Africa
- 9 Market Drivers, Challenges and Trends
- 10 Manufacturing Cost Structure Analysis
- 11 Marketing, Distributors and Customer
- 12 World Forecast Review for Electric Truck Axles by Geographic Region
- 13 Key Players Analysis
- 14 Research Findings and Conclusion
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