Press release
E-Drive for Automotive Market Sets the Table for Continued Growth
E-Drive for Automotive Market
As the global automotive industry shifts toward electrification, the E-Drive for Automotive Market is witnessing significant growth driven by the increasing demand for electric vehicles and advancements in e-drive technologies.
The rising call for a clean energy economy is estimated to influence e-drive for automotive market 2024. The ICE, electric, hybrid, autonomous vehicles reports are produced by Market Research Future, which contains market alternatives for progress. The income created in the market is estimated to be of USD 24902.38 million by the end of 2032.
Get a free sample pdf report: https://www.marketresearchfuture.com/sample_request/5073
The global warming concerns are rising, and the automotive industry has been at the centre of the need to transform to reduce pollution. This development has been projected to create a scope for the e-drive for automotive market in the upcoming period. The pro-environmental stance taken by global governments and market stakeholders is estimated to drive the options for growth in the approaching period.
Segmental Analysis
The segmental investigation of the e-drive for automotive market is segmented
Based on drive type, product, electric vehicle type and region. Based on the drive type, the e-drive for automotive market is segmented into rear-wheel drive, front-wheel drive and all-wheel drive.
Based on product, the e-drive for automotive market is segmented into battery, e-brake booster, power electronics, motor and others. Based on the electric vehicle type, the e-drive for automotive market is segmented into hybrid electric, battery electric and plug-in hybrid electric vehicles. Based on the regions, the e-drive for automotive market is segmented into Latin America, Europe, North America, the Middle East, Africa and the Asia Pacific.
Read Full Premium Report: https://www.marketresearchfuture.com/reports/edrive-automotive-market-5073
Detailed Regional Analysis
The regional investigation of the e-drive for automotive market includes regions such as Latin America, Europe, North America, the Middle East, Africa and the Asia Pacific. The increasing vehicle manufacture across the globe has set in motion the growth of the e-drive for automotive market.
In addition, the strict controlling norms, particularly in the European region, have fueled the progress of the e-drive for automotive market. The regional market in the Asia Pacific is the second leading region in the e-drive for automotive market due to reasons such as progress in the manufacture of LCV and passenger cars in the emerging economies of the region. The administrations of several nations have also taken steps to intensify the transactions of e-drive. The nations such as Singapore, Indonesia, India, Brazil, and the MEA region, are planning to advance more and have received numerous E-Drive manufacturers to set up production plants.
Competitive Analysis
The emphasis on innovation is estimated to rise in the coming years, as the consumer needs have to be addressed in a better manner to ensure the resurgence of the global market. Also, the need to encourage business to include the environmental impact of their decisions is estimated to shape the development of the market in future.
The capability of contenders to influence change in the market is increasing at a stable rate in the impending period. The support from government bodies around the world is rising because the market needs an extra stimulus to achieve normalcy in such a scenario. The disharmony in the forces of demand and supply is estimated to create a slow growth background in the market.
The need to mitigate losses sustained by the current public health crisis is estimated to be the sole focus of the market contenders in the upcoming years. Furthermore, the need to adopt a rapid and cost-effective method of operation is estimated to shape the market in the impending period.
Market key players:
MAHLE GmbH
DANA TM4 INC.
ZF Friedrichshafen AG
Robert Bosch
Continental AG
Magna International Inc.
Valeo SA
BorgWarner Inc.
AISIN CORPORATION
Denso Corporation
Automotive E Drive Industry Developments
In January 2024, Magna has introduced its latest 800V eDrive solution at CES 2024, showcasing a product that the company claims "establishes new benchmarks in efficiency, power-to-weight ratio, and torque density." This unveiling marks a significant milestone in Magna's commitment to advancing electric propulsion technology and underscores its dedication to pushing the boundaries of performance and innovation in the automotive industry.
Other related reports:
Automotive Torque Tool Market: https://www.marketresearchfuture.com/reports/automotive-torque-tool-market-31409
Gear Demand Market: https://www.marketresearchfuture.com/reports/gear-demand-market-31417
Autonomous Logistics Vehicle Market: https://www.marketresearchfuture.com/reports/autonomous-logistics-vehicle-market-31984
Autonomous Ride Sharing Fleet Market: https://www.marketresearchfuture.com/reports/autonomous-ride-sharing-fleet-market-32066
Barge Transportation Market: https://www.marketresearchfuture.com/reports/barge-transportation-market-32102
Bicycle Chain Market: https://www.marketresearchfuture.com/reports/bicycle-chain-market-32107
Blockchain In Logistic Market: https://www.marketresearchfuture.com/reports/blockchain-in-logistics-market-32069
Bus Hvac System Market: https://www.marketresearchfuture.com/reports/bus-hvac-systems-market-10002
Power Sports Batteries Market: https://www.marketresearchfuture.com/reports/power-sports-batteries-market-32220
Rail Wheel Market: https://www.marketresearchfuture.com/reports/rail-wheel-market-32229
About Market Research Future:
Market Research Future (MRFR) is a global market research company that takes pride in its services, offering a complete and accurate analysis regarding diverse markets and consumers worldwide. Market Research Future has the distinguished objective of providing the optimal quality research and granular research to clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help answer your most important questions.
Market Research Future (Part of Wantstats Research and Media Private Limited)
99 Hudson Street, 5Th Floor
New York, NY 10013
United States of America
+1 628 258 0071 (US)
+44 2035 002 764 (UK)
Email: mailto:sales@marketresearchfuture.com
Website: https://www.marketresearchfuture.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release E-Drive for Automotive Market Sets the Table for Continued Growth here
News-ID: 3738597 • Views: …
More Releases from Market Research Future | MRFR
Car Accessories Market to Grow to USD 116,606.53 Million by 2035, with a 4.62% C …
As per Market Research Future (MRFR) Analysis, the Global Car Accessories Market is set for significant growth, having been valued at 70,949.60 USD Million in 2024. The market is projected to expand to 116,606.53 USD Million by 2035, registering a compound annual growth rate (CAGR) of 4.62% during the forecast period from 2025 to 2035.
The car accessories market is a vital segment of the automotive industry, encompassing a wide range…
Tractor Market Projected to Reach USD 123.93 Billion by 2035, Growing at a 4.50% …
As per Market Research Future (MRFR) Analysis, the global Tractor Market, valued at 76.35 USD Billion in 2024, is projected to reach 123.93 USD Billion by 2035. This growth, representing a CAGR of 4.50% from 2025 to 2035, is primarily driven by the increasing demand for efficient agricultural practices, supportive government initiatives for modern machinery, and continuous technological advancements in tractor manufacturing.
The tractor market plays a pivotal role in modern…
Bicycle Market to Hit USD 157.01 Billion by 2035, Growing at a 6.14% CAGR from 2 …
As per Market Research Future (MRFR) Analysis, the global Bicycle Market, which was estimated at 81.52 USD Billion in 2024, is on a steady growth path. The industry is expected to rise from 86.52 USD Billion in 2025 to 157.01 USD Billion by 2035, achieving a compound annual growth rate (CAGR) of 6.14% throughout the forecast period from 2025 to 2035.
The global bicycle market encompasses the industry dedicated to the…
Automotive Industry to Reach USD 8508.56 Billion by 2035 from USD 4075.65 Billio …
As per Market Research Future (MRFR) Analysis, the global automotive industry is poised for substantial expansion, with projections indicating it will grow from 4,075.65 USD Billion in 2024 to 8,508.56 USD Billion by the year 2035.
The automotive industry represents a cornerstone of the global economy, encompassing a vast network of organizations and activities involved in the design, development, manufacturing, marketing, and selling of motor vehicles. This sector is fundamentally important,…
More Releases for Market:
Sorbitol Market Forecast, Sorbitol Market Analysis, Sorbitol Market Growth, Sorb …
The Sorbitol Market has been fragmented based on the productivity of several companies; therefore, each segment and its sub-segments are analyzed in the research report. Furthermore, the report offers 360 views on historical and upcoming growth based on volume, value, production, and consumption. Moreover, it classifies depend on sub-segments, key segments as per the significant regions and offers an in-depth analysis on the competitive edge of the market. This report…
Esterquats Market, Esterquats Market Size, Esterquats Market Share, Esterquats M …
The "Esterquats Market" is a dynamic and rapidly evolving sector, with significant advancements and growth anticipated by 2031. Comprehensive market research reveals a detailed analysis of market size, share, and trends, providing valuable insights into its expansion.
This report delves into segmentation and definition, offering a clear understanding of market components and drivers. Employing SWOT and PESTEL analyses, the study evaluates the market's strengths, weaknesses, opportunities, and threats, alongside political,…
Syringe and Needle Market Size, Market Share, Market Trends, Market Analysis, Ma …
Market Overview:
The global syringe and needle market is a critical component of the healthcare industry, serving as indispensable tools for administering medications, vaccines, and drawing blood samples. This market is characterized by a diverse range of products catering to various medical needs, including disposable syringes, safety syringes, insulin syringes, hypodermic needles, and more. This article provides an in-depth analysis of the syringe and needle market, focusing on its market overview,…
India Tractor Market, Tractor Industry, Market Revenue, Market Growth Analysis, …
How Is India Tractor Market Positioned?
In India two-third population is engaged in Agriculture. Tractors form an essential part of this sector. They bring the required efficiency and productivity country needs in its agricultural activity to compete on the international level. The Indian tractor Industry has made preponderant improvement in production capacity and in terms of production volumes. The industry has been successful in indigenization of the technology. The volume growth…
Global Optical Interconnects Market, Market Size, Market Shares, Market Growth A …
In integrated circuits, optical interconnects majorly refers to a system of transmitting signals from one fragment of an integrated circuit to another part which is using light. Optical interconnects have been in high demand due to the high latency and power consumption incurred by conventional metal interconnects in conveying electrical signals over long distances, such as in interconnects classed as global interconnects.
The International Technology Roadmap for Semiconductors (ITRS) has emphasized…
Global Cash Registers Market, Market Growth Analysis, Market Revenue, Market Out …
A cash register or automatic money handling system is a motorized or electric device for registration and calculating dealings at a point of sale. It is typically devoted to a drawer for storage cash and additional valuables. A modern cash register is generally attached to a printer which can print out incomes for record-keeping determinations. The electronics cash register delivers numerous features likes mall price and informal admittance. The rising acceptance of electronic cash register by…
