Report Detail
Europe EV Powertrain Market to 2027 - Regional Analysis and Forecasts by Product Type (Series Hybrid Powertrain, Battery Electric Vehicle Powertrain, Series-Parallel Hybrid Powertrain, Mild Hybrid Powertrain, Parallel Hybrid Powertrain); Application (Passenger Cars and Commercial Vehicles)
- RnM3926475 |
- 13 March, 2020 |
- Global |
- 139 Pages |
- The Insight Partners |
- Other
EV powertrain market in Europe is expected to grow from US$ 5.27 Bn in 2018 to US$ 13.37 Bn by the year 2027. This represents a CAGR of 11.0% from the year 2019 to 2027.
The spurring electric mobility sector across the world is enabling manufacturers to invest in innovative models with advanced technologies, which facilitates them to introduce efficient vehicles. However, one of the crucial challenged faced by the EV manufacturers converting a prototype to a commercialized vehicle is the price of the powertrain. The modern-day powertrains are expensive, and owing to the fact that powertrains are the most critical component of EVs, the manufacturers are compelled to compromise on the budgets of respective vehicles. According to various powertrain manufacturers and associations, prices of powertrains are expected to drop down in the coming years, which in turn will increase the demand for EVs among the customers along with the reduction in prices of all-electric vehicles. Thus, lowering the prices of powertrain by the powertrain manufacturers in the coming years is projected to propel the EV powertrain market.
The automotive industry is expanding at a rapid rate over the years across the globe. The internal combustion engine (ICE) vehicles, as well as the electric vehicles (EV) manufacturers, are pacing up their production volumes in order to meet the continually rising demand from the customers. The auto industry is expected to be driven by electric vehicles in the near future, owing to the rising awareness among the vehicle customers, governmental strategies to reduce carbon emission and subsidies towards procuring EVs. These factors are prominently acting as crucial parameters for the growth of the EV powertrain market.
The EV powertrain market by application is segmented into passenger cars and commercial vehicles. The automotive industry is expanding at a rapid rate over the years across the globe. The commercial vehicles segment includes trucks, trailers, city buses and coaches. These are driven by the on-board battery, which is recharged from the power grid. As in an e-car, the EV motor converts the electrical energy into mechanical energy. One of the key components in the EVal system is the DC-to-DC converter, which supplies the power network. The drive’s inverter converts the battery’s direct current into the alternating current required to power the vehicle. Many companies are launching their new electric commercial vehicles in the market. The urbanization requires urban logistics and truck transport with zero emissions and less noise with increasing urgency. These factors are prominently acting as crucial parameters for the growth of the EV powertrain market.
The overall Europe EV powertrain market size has been derived using both primary and secondary sources. The research process begins with exhaustive secondary research using internal and external sources to obtain qualitative and quantitative information related to the European EV powertrain market. It also provides an overview and forecast for the Europe EV powertrain market based on all the segmentation provided with respect to the European region. Also, primary interviews were conducted with industry participants and commentators in order to validate data and analysis. The participants who typically take part in such a process include industry experts such as VPs, business development managers, market intelligence managers, and national sales managers, and external consultants such as valuation experts, research analysts, and key opinion leaders specializing in the Europe EV powertrain industry. Some of the players present in the EV powertrain market are Continental AG, Cummins Inc., Dana Limited, Magna International, Mahle GmbH, Maxim Integrated, Robert Bosch GmbH, Tata Elxsi, Valeo SA, and ZF Friedrichshafen AG.
TABLE OF CONTENTS
1. Introduction
- 1.1 Scope of the Study
- 1.2 The Insight Partners Research Report Guidance
- 1.3 Market Segmentation
- 1.3.1 Europe EV Powertrain Market – by Product Type
- 1.3.2 Europe EV Powertrain Market – by Application
- 1.3.3 Europe EV Powertrain Market – by Country
2. Key Takeaways
3. Research Methodology
- 3.1 Coverage
- 3.2 Secondary Research
- 3.3 Primary Research
4. Europe EV Powertrain Market Landscape
- 4.1 Market Overview
- 4.2 PEST Analysis
- 4.2.1 EV Powertrain Market – Europe PEST Analysis
- 4.3 Ecosystem Analysis
5. Europe EV Powertrain Market– Key Market Dynamics
- 5.1 Market Drivers
- 5.1.1 Technological advancements in conventional engines is expected to drive the growth of EV powertrain market
- 5.2 Market Restraints
- 5.2.1 High prices of electric vehicle is acting as a major restraining factor
- 5.3 Market Opportunities
- 5.3.1 Venturing of ICE Vehicle Makers into Electric Vehicle Segment
- 5.4 Future Trends
- 5.4.1 Reduction in Powertrain Cost Would Stimulate Market Growth
- 5.5 Impact Analysis of Drivers and Restraints
6. EV Powertrain Market – Europe Market Analysis
- 6.1 Europe EV Powertrain Market Overview
- 6.2 Europe EV Powertrain Market, Forecast and Analysis
7. Europe EV Powertrain Market Analysis – by Product Type
- 7.1 Overview
- 7.2 EV Powertrain Market Breakdown, by Product Type, 2018 and 2027
- 7.3 Series Hybrid Powertrain
- 7.3.1 Overview
- 7.3.2 Series Hybrid Powertrain Market, Forecast and Analysis
- 7.4 Battery Electric Vehicle Powertrain
- 7.4.1 Overview
- 7.4.2 Battery Electric Vehicle Powertrain Market, Forecast and Analysis
- 7.5 Series-Parallel Hybrid Powertrain
- 7.5.1 Overview
- 7.5.2 Series-Parallel Hybrid Powertrain Market, Forecast and Analysis
- 7.6 Mild Hybrid Powertrain
- 7.6.1 Overview
- 7.6.2 Mild Hybrid Powertrain Market, Forecast and Analysis
- 7.7 Parallel Hybrid Powertrain
- 7.7.1 Overview
- 7.7.2 Parallel Hybrid Powertrain Market, Forecast and Analysis
8. Europe EV Powertrain Market Analysis – by Application
- 8.1 Overview
- 8.2 EV Powertrain Market Breakdown, by Application, 2018 and 2027
- 8.3 Passenger Cars
- 8.3.1 Overview
- 8.3.2 Passenger Cars Market, Forecast and Analysis
- 8.4 Commercial Vehicles
- 8.4.1 Overview
- 8.4.2 Commercial Vehicles Market, Forecast and Analysis
9. Europe EV Powertrain Market– Country Analysis
- 9.1.1 Europe EV Powertrain Market Breakdown, by Country
- 9.1.1.1 Germany EV Powertrain Market, Revenue and Forecast to 2027 (US$ Mn)
- 9.1.1.1.1 Germany EV Powertrain Market Breakdown, by Product Type
- 9.1.1.1.2 Germany EV Powertrain Market Breakdown, by Application
- 9.1.1.2 France EV Powertrain Market, Revenue and Forecast to 2027 (US$ Mn)
- 9.1.1.2.1 France EV Powertrain Market Breakdown, by Product Type
- 9.1.1.2.2 France EV Powertrain Market Breakdown, by Application
- 9.1.1.3 Sweden EV Powertrain Market, Revenue and Forecast to 2027 (US$ Mn)
- 9.1.1.3.1 Sweden EV Powertrain Market Breakdown, by Product Type
- 9.1.1.3.2 Sweden EV Powertrain Market Breakdown, by Application
- 9.1.1.4 UK EV Powertrain Market, Revenue and Forecast to 2027 (US$ Mn)
- 9.1.1.4.1 UK EV Powertrain Market Breakdown, by Product Type
- 9.1.1.4.2 UK EV Powertrain Market Breakdown, by Application
- 9.1.1.5 Netherlands EV Powertrain Market, Revenue and Forecast to 2027 (US$ Mn)
- 9.1.1.5.1 Netherlands EV Powertrain Market Breakdown, by Product Type
- 9.1.1.5.2 Netherlands EV Powertrain Market Breakdown, by Application
- 9.1.1.6 Slovakia EV Powertrain Market, Revenue and Forecast to 2027 (US$ Mn)
- 9.1.1.6.1 Slovakia EV Powertrain Market Breakdown, by Application
- 9.1.1.7 Rest of Europe EV Powertrain Market, Revenue and Forecast to 2027 (US$ Mn)
- 9.1.1.7.1 Rest of Europe EV Powertrain Market Breakdown, by Product Type
- 9.1.1.7.2 Rest of Europe EV Powertrain Market Breakdown, by Application
10. EV Powertrain Market – Industry Landscape
- 10.1 Overview
- 10.2 Market Initiative
- 10.3 New Development
11. EV Powertrain Market - Company Profiles
- 11.1 Continental AG
- 11.1.1 Key Facts
- 11.1.2 Business Description
- 11.1.3 Products and Services
- 11.1.4 Financial Overview
- 11.1.5 SWOT Analysis
- 11.1.6 Key Developments
- 11.2 Robert Bosch GmbH
- 11.2.1 Key Facts
- 11.2.2 Business Description
- 11.2.3 Products and Services
- 11.2.4 Financial Overview
- 11.2.5 SWOT Analysis
- 11.2.6 Key Developments
- 11.3 Cummins, Inc.
- 11.3.1 Key Facts
- 11.3.2 Business Description
- 11.3.3 Products and Services
- 11.3.4 Financial Overview
- 11.3.5 SWOT Analysis
- 11.3.6 Key Developments
- 11.4 Maxim Integrated Products, Inc.
- 11.4.1 Key Facts
- 11.4.2 Business Description
- 11.4.3 Products and Services
- 11.4.4 Financial Overview
- 11.4.5 SWOT Analysis
- 11.4.6 Key Developments
- 11.5 Magna International Inc.
- 11.5.1 Key Facts
- 11.5.2 Business Description
- 11.5.3 Products and Services
- 11.5.4 Financial Overview
- 11.5.5 SWOT Analysis
- 11.5.6 Key Developments
- 11.6 Tata Elxsi
- 11.6.1 Key Facts
- 11.6.2 Business Description
- 11.6.3 Products and Services
- 11.6.4 Financial Overview
- 11.6.5 SWOT Analysis
- 11.6.6 Key Developments
- 11.7 Dana Limited
- 11.7.1 Key Facts
- 11.7.2 Business Description
- 11.7.3 Products and Services
- 11.7.4 Financial Overview
- 11.7.5 SWOT Analysis
- 11.7.6 Key Developments
- 11.8 Valeo SA
- 11.8.1 Key Facts
- 11.8.2 Business Description
- 11.8.3 Products and Services
- 11.8.4 Financial Overview
- 11.8.5 SWOT Analysis
- 11.8.6 Key Developments
- 11.9 Mahle GmbH
- 11.9.1 Key Facts
- 11.9.2 Business Description
- 11.9.3 Products and Services
- 11.9.4 Financial Overview
- 11.9.5 SWOT Analysis
- 11.9.6 Key Developments
- 11.10 ZF Friedrichshafen AG
- 11.10.1 Key Facts
- 11.10.2 Business Description
- 11.10.3 Products and Services
- 11.10.4 Financial Overview
- 11.10.5 SWOT Analysis
- 11.10.6 Key Developments
12. Appendix
- 12.1 About The Insight Partners
- 12.2 Glossary of Terms
Summary:
Get latest Market Research Reports on Europe EV Powertrain . Industry analysis & Market Report on Europe EV Powertrain is a syndicated market report, published as Europe EV Powertrain Market to 2027 - Regional Analysis and Forecasts by Product Type (Series Hybrid Powertrain, Battery Electric Vehicle Powertrain, Series-Parallel Hybrid Powertrain, Mild Hybrid Powertrain, Parallel Hybrid Powertrain); Application (Passenger Cars and Commercial Vehicles). It is complete Research Study and Industry Analysis of Europe EV Powertrain market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.
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