Global Electric Powertrain report from Global Insight Services is the single authoritative source of intelligence on Electric Powertrain market. The report will provide you with analysis of impact of latest market disruptions such as Russia-Ukraine war and Covid-19 on the market. Report provides qualitative analysis of the market using various frameworks such as Porters’ and PESTLE analysis. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
An electric powertrain is a type of vehicle propulsion system that uses electric motors and batteries instead of gasoline or diesel engines. Electric powertrains are more efficient than conventional gasoline or diesel powertrains, and they produce zero emissions. Electric powertrains are also quieter than gasoline or diesel powertrains.
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The Electric Powertrain Market is segmented by electric vehicle, BEV electric powertrain, HEV electric powertrain and region. By electric vehicle, the market is divided into BEV and HEV. Based on BEV, it is segmented into motor/generator, battery, power electronics controller and others. On the basis of HEV, it is bifurcated into motor/generator, battery, power electronics controller and others. Region-wise the market is divided into North America, Europe, Asia-Pacific, and the Rest of the World.
The Electric Powertrain Market includes players such as BorgWarner, Bosch Limited, Mitsubishi Electric Corp, Magna International Inc., Schaeffler AG, ZF Friedrichshafen AG, Valeo, Nidec Corporation, Continental AG and Magneti Marelli Ck Holdings.
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The key drivers of the electric powertrain market are the increasing focus on reducing carbon emissions, the availability of government incentives, and the declining cost of electric vehicles.
The transportation sector is a major contributor to greenhouse gas emissions, and there is a growing focus on reducing these emissions in order to combat climate change. Electric vehicles emit no pollutants and have the potential to significantly reduce transportation-related emissions.
Government incentives, such as tax credits and subsidies, can make electric vehicles more affordable and increase consumer demand. In addition, the declining cost of electric vehicles is making them more attractive to consumers.
The electric powertrain market is expected to grow significantly in the coming years as more countries adopt policies to promote electric vehicles and as the technology continues to improve.
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