Driveline Market | Latest Trends & Industry Vision By 2025
[160 Pages Report] Driveline Market for Electric & Hybrid Vehicle by Architecture (Series, Parallel, Power split), Transmission (AT, DCT, E-CVT), Motor Output (45-100, 101-250), Power Electronics, Vehicle Type, Region.
(EMAILWIRE.COM, June 27, 2019 ) According to the new market research report "Driveline Market for Electric & Hybrid Vehicle by Architecture (Series, Parallel, Power split), Transmission (AT, DCT, E-CVT), Motor Output (45-100, 101-250, >250kW), Final Drive, Drive Type, Power Electronics, Vehicle Type, Region - Global Forecast to 2025", The driveline market for electric and hybrid vehicles is projected to grow from USD 18.14 Billion in 2017 to USD 63.32 Billion by 2025, at a CAGR of 16.92%.
The market is projected to grow due to key reasons such as increasing demand for electric and hybrid vehicle and advancement in driveline technologies such as E-CVT and E-axle.
The key market players are as ZF (Germany), Schaeffler (Germany), GKN (UK), BorgWarner (US), Robert Bosch (Germany). Other players covers in the report are Hitachi (Japan), Continental (Germany), Delphi (UK), Denso (Japan), and Valeo (France).
Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=235631222
In power electronics, power control unit (PCU) is expected to show the fastest growth for electric and hybrid driveline
A power control unit, a combination of converter & inverter to convert AC/DC power and to regulate the voltage, is a future technology which is likely to have a huge impact on the electric and hybrid vehicle driveline. In the present scenario, Toyota Prius is installed with a power control unit which is very compact, making it possible to install it directly above the transaxle and place the auxiliary battery in the engine room, which increases the interior space. Toyota is planning to equip more compact power control unit in Avalon hybrid by 2019. The market is projected to rise owing to key reasons such as rapid adoption of electronics components in automotive, which supports the growth of the power control unit by the near future.
In transmission, E-CVT is expected to have the largest market over the forecast period
E-CVT is an advanced technology which offers fuel saving compared to a traditional four-speed Automatic Transmission (AT). Regionally, the market for driveline by transmission type will vary according to the transmission preferences of consumers and the increasing sales of premium vehicles. E-CVT offers fuel saving over other transmission types, which makes E-CVT the most suitable for the Asian region. Some of the models with E-CVT are Toyota Camry Hybrid, Lexus CT200h, Lexus NX 300h, and GS 300h.
Request for Sample Pages @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=235631222
Government subsidies, large production and technological advancement in the field of electric and hybrid driveline would drive the driveline market for electric and a hybrid vehicle in Asia Oceania
Many governments around the world are challenged with declining air quality, and they set their own emission goals. They have been working to increase the market for electric and hybrid vehicles. To spur the sale of electric and hybrid vehicles, they have used emission regulations, public-private partnerships, incentives, and provided improved charging facilities. The Chinese government is providing acquisition tax and excise tax exemption (depending on engine displacement and price) (USD 5,100 to USD 8,700). China has the largest market for electric and hybrid driveline due to its large production and sales. Technological advancement in the field of electric and hybrid drivelines, such as regenerative braking, automatic start-stop, E-axle, E-drive, and an E-CVT are the major driving forces for the electric and hybrid driveline market. With the increase in demand for electrical and electronic devices in a vehicle, the automobile industry is continuously shifting toward a higher voltage power supply. High voltage power supply would require more efficient power electronics. Globally, various OEMs and Tier 1 players are contributing to the advancement of power electronics technology. For example, Toyota developed a combined unit of converter and inverter called the Power Control Unit.
The market is projected to grow due to key reasons such as increasing demand for electric and hybrid vehicle and advancement in driveline technologies such as E-CVT and E-axle.
The key market players are as ZF (Germany), Schaeffler (Germany), GKN (UK), BorgWarner (US), Robert Bosch (Germany). Other players covers in the report are Hitachi (Japan), Continental (Germany), Delphi (UK), Denso (Japan), and Valeo (France).
Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=235631222
In power electronics, power control unit (PCU) is expected to show the fastest growth for electric and hybrid driveline
A power control unit, a combination of converter & inverter to convert AC/DC power and to regulate the voltage, is a future technology which is likely to have a huge impact on the electric and hybrid vehicle driveline. In the present scenario, Toyota Prius is installed with a power control unit which is very compact, making it possible to install it directly above the transaxle and place the auxiliary battery in the engine room, which increases the interior space. Toyota is planning to equip more compact power control unit in Avalon hybrid by 2019. The market is projected to rise owing to key reasons such as rapid adoption of electronics components in automotive, which supports the growth of the power control unit by the near future.
In transmission, E-CVT is expected to have the largest market over the forecast period
E-CVT is an advanced technology which offers fuel saving compared to a traditional four-speed Automatic Transmission (AT). Regionally, the market for driveline by transmission type will vary according to the transmission preferences of consumers and the increasing sales of premium vehicles. E-CVT offers fuel saving over other transmission types, which makes E-CVT the most suitable for the Asian region. Some of the models with E-CVT are Toyota Camry Hybrid, Lexus CT200h, Lexus NX 300h, and GS 300h.
Request for Sample Pages @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=235631222
Government subsidies, large production and technological advancement in the field of electric and hybrid driveline would drive the driveline market for electric and a hybrid vehicle in Asia Oceania
Many governments around the world are challenged with declining air quality, and they set their own emission goals. They have been working to increase the market for electric and hybrid vehicles. To spur the sale of electric and hybrid vehicles, they have used emission regulations, public-private partnerships, incentives, and provided improved charging facilities. The Chinese government is providing acquisition tax and excise tax exemption (depending on engine displacement and price) (USD 5,100 to USD 8,700). China has the largest market for electric and hybrid driveline due to its large production and sales. Technological advancement in the field of electric and hybrid drivelines, such as regenerative braking, automatic start-stop, E-axle, E-drive, and an E-CVT are the major driving forces for the electric and hybrid driveline market. With the increase in demand for electrical and electronic devices in a vehicle, the automobile industry is continuously shifting toward a higher voltage power supply. High voltage power supply would require more efficient power electronics. Globally, various OEMs and Tier 1 players are contributing to the advancement of power electronics technology. For example, Toyota developed a combined unit of converter and inverter called the Power Control Unit.
Contact Information:
MarketsandMarkets™
Mr. Shelly Singh
Tel: 1-888-600-6441
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results
MarketsandMarkets™
Mr. Shelly Singh
Tel: 1-888-600-6441
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results