Smart Electric Drive Market Size to Worth US$ 15.92 Billion by 2030 – Exclusive Report by Precedence Research

According to Precedence Research, during the forecast period of 2022 to 2030, the global smart eectric drive market is estimated to develop at a compound annual growth rate (CAGR) of 33.28%. The global smart eectric drive market was valued at USD 1.2 billion in 2021, and it is predicted to exceed USD 15.92 billion by 2030. The study investigates several elements and their consequences on the growth of the smart eectric drive market.

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This report focuses on smart eectric drive market volume and value at the global level, regional level and company level. From a global perspective, this report represents overall smart eectric drive market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, Middle East & Africa, Latin America, etc.

The research report includes specific segments by region (country), by company, by all segments. This study provides information about the growth and revenue during the historic and forecasted period of 2017 to 2030. Understanding the segments helps in identifying the importance of different factors that aid the market growth.

Report Scope of the Smart Electric Drive Market

In-Depth Analysis on Competitive Landscape

The report sheds light on leading manufacturers of smart eectric drive, along with their detailed profiles. Essential and up-to-date data related to market performers who are principally engaged in the production of smart eectric drive has been brought with the help of a detailed dashboard view. Market share analysis and comparison of prominent players provided in the report permits report readers to take preemptive steps in advancing their businesses.

Company profiles have been included in the report, which include essentials such as product portfolio, key strategies, along with all-inclusive SWOT analysis on each player. Company presence is mapped and presented through a matrix for all the prominent players, thus providing readers with actionable insights, which helps in thoughtfully presenting market status and predicting the competition level in the smart eectric drive market.

Some of the prominent players in the smart eectric drive market include:

• ABB
• Aisin Corporation
• Allison Transmission
• Borgwarner
• Bosch
• Continental Ag
• Dana
• Denso
• GKN (Melrose)
• Hexagon AB
• Hitachi
• Huayu Automotive Electric System
• Hyundai Mobis
• Infineon Technologies
• Jatco
• Jing-Jin Electric Technologies
• LG Electronics
• Magna International
• Mahle
• Meidensha Corporation
• Meritor
• Nidec Corporation
• Shanghai Automotive Smart Electric Drive
• Siemens AG
• Smesh E-Axle
• ZF Group

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Segments Covered in the Report

By Vehicle Type

• Passenger Cars
• Commercial Vehicles
• 2-Wheelers

By EV Type

• BEV
• HEV
• PHEV

By Application

• E-Axle
• E-Wheel Drive

By Component

• EV Battery
• Electric Motor
• Inverter System
• E-Brake Booster
• Power Electronics

By Drive Type

• Front Wheel Drive
• Rear Wheel Drive
• All-Wheel Drive

By Commercial Vehicle Type

• Electric Buses
• Electric Trucks

By 2-Wheeler Type

• Electric Cycles
• Electric Motorcycles
• Electric Scooters

Regional Segmentation

• Asia-Pacific [China, Southeast Asia, India, Japan, Korea, Western Asia]
• Europe [Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
• North America [United States, Canada, Mexico]
• South America [Brazil, Argentina, Columbia, Chile, Peru]
• Middle East & Africa [GCC, North Africa, South Africa]

Some of the important ones are:

• What can be the best investment choices for venturing into new product and service lines?
• What value propositions should businesses aim at while making new research and development funding?
• Which regulations will be most helpful for stakeholders to boost their supply chain network?
• Which regions might see the demand maturing in certain segments in near future?
• What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
• Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
• Which government regulations might challenge the status of key regional markets?
• How will the emerging political and economic scenario affect opportunities in key growth areas?
• What are some of the value-grab opportunities in various segments?
• What will be the barrier to entry for new players in the market?

Table of Contents

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. Market Dynamics Analysis and Trends

5.1. Market Dynamics

5.1.1. Market Drivers

5.1.2. Market Restraints

5.1.3. Market Opportunities

5.2. Porter’s Five Forces Analysis

5.2.1. Bargaining power of suppliers

5.2.2. Bargaining power of buyers

5.2.3. Threat of substitute

5.2.4. Threat of new entrants

5.2.5. Degree of competition

Chapter 6. Competitive Landscape

6.1.1. Company Market Share/Positioning Analysis

6.1.2. Key Strategies Adopted by Players

6.1.3. Vendor Landscape

6.1.3.1. List of Suppliers

6.1.3.2. List of Buyers

Chapter 7. Global Smart Electric Drive Market, By Vehicle Type

7.1. Smart Electric Drive Market, by Vehicle Type, 2022-2030

7.1.1. Passenger Cars

7.1.1.1. Market Revenue and Forecast (2017-2030)

7.1.2. Commercial Vehicles

7.1.2.1. Market Revenue and Forecast (2017-2030)

7.1.3. 2-Wheelers

7.1.3.1. Market Revenue and Forecast (2017-2030)

Chapter 8. Global Smart Electric Drive Market, By EV Type

8.1. Smart Electric Drive Market, by EV Type, 2022-2030

8.1.1. BEV

8.1.1.1. Market Revenue and Forecast (2017-2030)

8.1.2. HEV

8.1.2.1. Market Revenue and Forecast (2017-2030)

8.1.3. PHEV

8.1.3.1. Market Revenue and Forecast (2017-2030)

Chapter 9. Global Smart Electric Drive Market, By Application

9.1. Smart Electric Drive Market, by Application, 2022-2030

9.1.1. E-Axle

9.1.1.1. Market Revenue and Forecast (2017-2030)

9.1.2. E-Wheel Drive

9.1.2.1. Market Revenue and Forecast (2017-2030)

Chapter 10. Global Smart Electric Drive Market, By Component

10.1. Smart Electric Drive Market, by Component, 2022-2030

10.1.1. EV Battery

10.1.1.1. Market Revenue and Forecast (2017-2030)

10.1.2. Electric Motor

10.1.2.1. Market Revenue and Forecast (2017-2030)

10.1.3. Inverter System

10.1.3.1. Market Revenue and Forecast (2017-2030)

10.1.4. E-Brake Booster

10.1.4.1. Market Revenue and Forecast (2017-2030)

10.1.5. Power Electronics

10.1.5.1. Market Revenue and Forecast (2017-2030)

Chapter 11. Global Smart Electric Drive Market, By Drive Type

11.1. Smart Electric Drive Market, by Drive Type, 2022-2030

11.1.1. Front Wheel Drive

11.1.1.1. Market Revenue and Forecast (2017-2030)

11.1.2. Rear Wheel Drive

11.1.2.1. Market Revenue and Forecast (2017-2030)

11.1.3. All-Wheel Drive

11.1.3.1. Market Revenue and Forecast (2017-2030)

Chapter 12. Global Smart Electric Drive Market, By Commercial Vehicle Type

12.1. Smart Electric Drive Market, by Commercial Vehicle Type, 2022-2030

12.1.1. Electric Buses

12.1.1.1. Market Revenue and Forecast (2017-2030)

12.1.2. Electric Trucks

12.1.2.1. Market Revenue and Forecast (2017-2030)

Chapter 13. Global Smart Electric Drive Market, By 2-Wheeler Type

13.1. Smart Electric Drive Market, by 2-Wheeler Type, 2022-2030

13.1.1. Electric Cycles

13.1.1.1. Market Revenue and Forecast (2017-2030)

13.1.2. Electric Motorcycles

13.1.2.1. Market Revenue and Forecast (2017-2030)

13.1.3. Electric Scooters

13.1.3.1. Market Revenue and Forecast (2017-2030)

Chapter 14. Global Smart Electric Drive Market, Regional Estimates and Trend Forecast

14.1. North America

14.1.1. Market Revenue and Forecast, by Vehicle Type (2017-2030)

14.1.2. Market Revenue and Forecast, by EV Type (2017-2030)

14.1.3. Market Revenue and Forecast, by Application (2017-2030)

14.1.4. Market Revenue and Forecast, by Component (2017-2030)

14.1.5. Market Revenue and Forecast, by Drive Type (2017-2030)

14.1.6. Market Revenue and Forecast, by 2-Wheeler Type (2017-2030)

14.1.7. Market Revenue and Forecast, by Commercial Vehicle Type (2017-2030)

14.1.8. U.S.

14.1.8.1. Market Revenue and Forecast, by Vehicle Type (2017-2030)

14.1.8.2. Market Revenue and Forecast, by EV Type (2017-2030)

14.1.8.3. Market Revenue and Forecast, by Application (2017-2030)

14.1.8.4. Market Revenue and Forecast, by Component (2017-2030)

14.1.8.5. Market Revenue and Forecast, by Drive Type (2017-2030)

14.1.8.6. Market Revenue and Forecast, by 2-Wheeler Type (2017-2030)

14.1.8.7. Market Revenue and Forecast, by Commercial Vehicle Type (2017-2030)

14.1.9. Rest of North America

14.1.9.1. Market Revenue and Forecast, by Vehicle Type (2017-2030)

14.1.9.2. Market Revenue and Forecast, by EV Type (2017-2030)

14.1.9.3. Market Revenue and Forecast, by Application (2017-2030)

14.1.9.4. Market Revenue and Forecast, by Component (2017-2030)

14.1.9.5. Market Revenue and Forecast, by Drive Type (2017-2030)

14.1.9.6. Market Revenue and Forecast, by 2-Wheeler Type (2017-2030)

14.1.9.7. Market Revenue and Forecast, by Commercial Vehicle Type (2017-2030)

14.2. Europe

14.2.1. Market Revenue and Forecast, by Vehicle Type (2017-2030)

14.2.2. Market Revenue and Forecast, by EV Type (2017-2030)

14.2.3. Market Revenue and Forecast, by Application (2017-2030)

14.2.4. Market Revenue and Forecast, by Component (2017-2030)

14.2.5. Market Revenue and Forecast, by Drive Type (2017-2030)

14.2.6. Market Revenue and Forecast, by 2-Wheeler Type (2017-2030)

14.2.7. Market Revenue and Forecast, by Commercial Vehicle Type (2017-2030)

14.2.8. UK

14.2.8.1. Market Revenue and Forecast, by Vehicle Type (2017-2030)

14.2.8.2. Market Revenue and Forecast, by EV Type (2017-2030)

14.2.8.3. Market Revenue and Forecast, by Application (2017-2030)

14.2.8.4. Market Revenue and Forecast, by Component (2017-2030)

14.2.8.5. Market Revenue and Forecast, by Drive Type (2017-2030)

14.2.8.6. Market Revenue and Forecast, by 2-Wheeler Type (2017-2030)

14.2.8.7. Market Revenue and Forecast, by Commercial Vehicle Type (2017-2030)

14.2.9. Germany

14.2.9.1. Market Revenue and Forecast, by Vehicle Type (2017-2030)

14.2.9.2. Market Revenue and Forecast, by EV Type (2017-2030)

14.2.9.3. Market Revenue and Forecast, by Application (2017-2030)

14.2.9.4. Market Revenue and Forecast, by Component (2017-2030)

14.2.9.5. Market Revenue and Forecast, by Drive Type (2017-2030)

14.2.9.6. Market Revenue and Forecast, by 2-Wheeler Type (2017-2030)

14.2.9.7. Market Revenue and Forecast, by Commercial Vehicle Type (2017-2030)

14.2.10. France

14.2.10.1. Market Revenue and Forecast, by Vehicle Type (2017-2030)

14.2.10.2. Market Revenue and Forecast, by EV Type (2017-2030)

14.2.10.3. Market Revenue and Forecast, by Application (2017-2030)

14.2.10.4. Market Revenue and Forecast, by Component (2017-2030)

14.2.10.5. Market Revenue and Forecast, by Drive Type (2017-2030)

14.2.10.6. Market Revenue and Forecast, by 2-Wheeler Type (2017-2030)

14.2.10.7. Market Revenue and Forecast, by Commercial Vehicle Type (2017-2030)

14.2.11. Rest of Europe

14.2.11.1. Market Revenue and Forecast, by Vehicle Type (2017-2030)

14.2.11.2. Market Revenue and Forecast, by EV Type (2017-2030)

14.2.11.3. Market Revenue and Forecast, by Application (2017-2030)

14.2.11.4. Market Revenue and Forecast, by Component (2017-2030)

14.2.11.5. Market Revenue and Forecast, by Drive Type (2017-2030)

14.2.11.6. Market Revenue and Forecast, by 2-Wheeler Type (2017-2030)

14.2.11.7. Market Revenue and Forecast, by Commercial Vehicle Type (2017-2030)

14.3. APAC

14.3.1. Market Revenue and Forecast, by Vehicle Type (2017-2030)

14.3.2. Market Revenue and Forecast, by EV Type (2017-2030)

14.3.3. Market Revenue and Forecast, by Application (2017-2030)

14.3.4. Market Revenue and Forecast, by Component (2017-2030)

14.3.5. Market Revenue and Forecast, by Drive Type (2017-2030)

14.3.6. Market Revenue and Forecast, by 2-Wheeler Type (2017-2030)

14.3.7. Market Revenue and Forecast, by Commercial Vehicle Type (2017-2030)

14.3.8. India

14.3.8.1. Market Revenue and Forecast, by Vehicle Type (2017-2030)

14.3.8.2. Market Revenue and Forecast, by EV Type (2017-2030)

14.3.8.3. Market Revenue and Forecast, by Application (2017-2030)

14.3.8.4. Market Revenue and Forecast, by Component (2017-2030)

14.3.8.5. Market Revenue and Forecast, by Drive Type (2017-2030)

14.3.8.6. Market Revenue and Forecast, by 2-Wheeler Type (2017-2030)

14.3.8.7. Market Revenue and Forecast, by Commercial Vehicle Type (2017-2030)

14.3.9. China

14.3.9.1. Market Revenue and Forecast, by Vehicle Type (2017-2030)

14.3.9.2. Market Revenue and Forecast, by EV Type (2017-2030)

14.3.9.3. Market Revenue and Forecast, by Application (2017-2030)

14.3.9.4. Market Revenue and Forecast, by Component (2017-2030)

14.3.9.5. Market Revenue and Forecast, by Drive Type (2017-2030)

14.3.9.6. Market Revenue and Forecast, by 2-Wheeler Type (2017-2030)

14.3.9.7. Market Revenue and Forecast, by Commercial Vehicle Type (2017-2030)

14.3.10. Japan

14.3.10.1. Market Revenue and Forecast, by Vehicle Type (2017-2030)

14.3.10.2. Market Revenue and Forecast, by EV Type (2017-2030)

14.3.10.3. Market Revenue and Forecast, by Application (2017-2030)

14.3.10.4. Market Revenue and Forecast, by Component (2017-2030)

14.3.10.5. Market Revenue and Forecast, by Drive Type (2017-2030)

14.3.10.6. Market Revenue and Forecast, by 2-Wheeler Type (2017-2030)

14.3.10.7. Market Revenue and Forecast, by Commercial Vehicle Type (2017-2030)

14.3.11. Rest of APAC

14.3.11.1. Market Revenue and Forecast, by Vehicle Type (2017-2030)

14.3.11.2. Market Revenue and Forecast, by EV Type (2017-2030)

14.3.11.3. Market Revenue and Forecast, by Application (2017-2030)

14.3.11.4. Market Revenue and Forecast, by Component (2017-2030)

14.3.11.5. Market Revenue and Forecast, by Drive Type (2017-2030)

14.3.11.6. Market Revenue and Forecast, by 2-Wheeler Type (2017-2030)

14.3.11.7. Market Revenue and Forecast, by Commercial Vehicle Type (2017-2030)

14.4. MEA

14.4.1. Market Revenue and Forecast, by Vehicle Type (2017-2030)

14.4.2. Market Revenue and Forecast, by EV Type (2017-2030)

14.4.3. Market Revenue and Forecast, by Application (2017-2030)

14.4.4. Market Revenue and Forecast, by Component (2017-2030)

14.4.5. Market Revenue and Forecast, by Drive Type (2017-2030)

14.4.6. Market Revenue and Forecast, by 2-Wheeler Type (2017-2030)

14.4.7. Market Revenue and Forecast, by Commercial Vehicle Type (2017-2030)

14.4.8. GCC

14.4.8.1. Market Revenue and Forecast, by Vehicle Type (2017-2030)

14.4.8.2. Market Revenue and Forecast, by EV Type (2017-2030)

14.4.8.3. Market Revenue and Forecast, by Application (2017-2030)

14.4.8.4. Market Revenue and Forecast, by Component (2017-2030)

14.4.8.5. Market Revenue and Forecast, by Drive Type (2017-2030)

14.4.8.6. Market Revenue and Forecast, by 2-Wheeler Type (2017-2030)

14.4.8.7. Market Revenue and Forecast, by Commercial Vehicle Type (2017-2030)

14.4.9. North Africa

14.4.9.1. Market Revenue and Forecast, by Vehicle Type (2017-2030)

14.4.9.2. Market Revenue and Forecast, by EV Type (2017-2030)

14.4.9.3. Market Revenue and Forecast, by Application (2017-2030)

14.4.9.4. Market Revenue and Forecast, by Component (2017-2030)

14.4.9.5. Market Revenue and Forecast, by Drive Type (2017-2030)

14.4.9.6. Market Revenue and Forecast, by 2-Wheeler Type (2017-2030)

14.4.9.7. Market Revenue and Forecast, by Commercial Vehicle Type (2017-2030)

14.4.10. South Africa

14.4.10.1. Market Revenue and Forecast, by Vehicle Type (2017-2030)

14.4.10.2. Market Revenue and Forecast, by EV Type (2017-2030)

14.4.10.3. Market Revenue and Forecast, by Application (2017-2030)

14.4.10.4. Market Revenue and Forecast, by Component (2017-2030)

14.4.10.5. Market Revenue and Forecast, by Drive Type (2017-2030)

14.4.10.6. Market Revenue and Forecast, by 2-Wheeler Type (2017-2030)

14.4.10.7. Market Revenue and Forecast, by Commercial Vehicle Type (2017-2030)

14.4.11. Rest of MEA

14.4.11.1. Market Revenue and Forecast, by Vehicle Type (2017-2030)

14.4.11.2. Market Revenue and Forecast, by EV Type (2017-2030)

14.4.11.3. Market Revenue and Forecast, by Application (2017-2030)

14.4.11.4. Market Revenue and Forecast, by Component (2017-2030)

14.4.11.5. Market Revenue and Forecast, by Drive Type (2017-2030)

14.4.11.6. Market Revenue and Forecast, by 2-Wheeler Type (2017-2030)

14.4.11.7. Market Revenue and Forecast, by Commercial Vehicle Type (2017-2030)

14.5. Latin America

14.5.1. Market Revenue and Forecast, by Vehicle Type (2017-2030)

14.5.2. Market Revenue and Forecast, by EV Type (2017-2030)

14.5.3. Market Revenue and Forecast, by Application (2017-2030)

14.5.4. Market Revenue and Forecast, by Component (2017-2030)

14.5.5. Market Revenue and Forecast, by Drive Type (2017-2030)

14.5.6. Market Revenue and Forecast, by 2-Wheeler Type (2017-2030)

14.5.7. Market Revenue and Forecast, by Commercial Vehicle Type (2017-2030)

14.5.8. Brazil

14.5.8.1. Market Revenue and Forecast, by Vehicle Type (2017-2030)

14.5.8.2. Market Revenue and Forecast, by EV Type (2017-2030)

14.5.8.3. Market Revenue and Forecast, by Application (2017-2030)

14.5.8.4. Market Revenue and Forecast, by Component (2017-2030)

14.5.8.5. Market Revenue and Forecast, by Drive Type (2017-2030)

14.5.8.6. Market Revenue and Forecast, by 2-Wheeler Type (2017-2030)

14.5.8.7. Market Revenue and Forecast, by Commercial Vehicle Type (2017-2030)

14.5.9. Rest of LATAM

14.5.9.1. Market Revenue and Forecast, by Vehicle Type (2017-2030)

14.5.9.2. Market Revenue and Forecast, by EV Type (2017-2030)

14.5.9.3. Market Revenue and Forecast, by Application (2017-2030)

14.5.9.4. Market Revenue and Forecast, by Component (2017-2030)

14.5.9.5. Market Revenue and Forecast, by Drive Type (2017-2030)

14.5.9.6. Market Revenue and Forecast, by 2-Wheeler Type (2017-2030)

14.5.9.7. Market Revenue and Forecast, by Commercial Vehicle Type (2017-2030)

Chapter 15. Company Profiles

15.1. ABB

15.1.1. Company Overview

15.1.2. Product Offerings

15.1.3. Financial Performance

15.1.4. Recent Initiatives

15.2. Aisin Corporation

15.2.1. Company Overview

15.2.2. Product Offerings

15.2.3. Financial Performance

15.2.4. Recent Initiatives

15.3. Allison Transmission

15.3.1. Company Overview

15.3.2. Product Offerings

15.3.3. Financial Performance

15.3.4. Recent Initiatives

15.4. Borgwarner

15.4.1. Company Overview

15.4.2. Product Offerings

15.4.3. Financial Performance

15.4.4. Recent Initiatives

15.5. Bosch

15.5.1. Company Overview

15.5.2. Product Offerings

15.5.3. Financial Performance

15.5.4. Recent Initiatives

15.6. Continental Ag

15.6.1. Company Overview

15.6.2. Product Offerings

15.6.3. Financial Performance

15.6.4. Recent Initiatives

15.7. Dana

15.7.1. Company Overview

15.7.2. Product Offerings

15.7.3. Financial Performance

15.7.4. Recent Initiatives

15.8. Denso

15.8.1. Company Overview

15.8.2. Product Offerings

15.8.3. Financial Performance

15.8.4. Recent Initiatives

15.9. GKN (Melrose)

15.9.1. Company Overview

15.9.2. Product Offerings

15.9.3. Financial Performance

15.9.4. Recent Initiatives

15.10. Hexagon AB

15.10.1. Company Overview

15.10.2. Product Offerings

15.10.3. Financial Performance

15.10.4. Recent Initiatives

Chapter 16. Research Methodology

16.1. Primary Research

16.2. Secondary Research

16.3. Assumptions

Chapter 17. Appendix

17.1. About Us

17.2. Glossary of Terms

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