DUBLIN--(BUSINESS WIRE)--Aug 31, 2018--The "Global Driveline Systems for Electric Vehicle Market - Segmented by Architecture Type, Transmission Type, Motor Type, Drive Type, Vehicle Type, and Geography - Growth, Trends, and Forecast (2018 - 2023)" report has been added to ResearchAndMarkets.com's offering.

The market for driveline systems for electric vehicles, which includes front wheel drive (FWD) and all-wheel drive (AWD), is expected to register a CAGR of over 10% during 2018-2023 (the forecast period).

This growth is attributable to the favorable government policies, increasing incentives, declining lifetime cost of ownership, and falling battery prices. On the other hand, a major factor hindering the market growth is the higher cost of electric and hybrid driveline when compared to the conventional driveline.

Key Highlights

E-axle Technology is Expected to Grow at the Fastest Pace Growing Demand for Electric Vehicles is Expected to Drive the Driveline Systems Market

Notable Market Developments

American Axle & Manufacturing (AAM) and Liuzhou Wuling Automobile Industry Co. Ltd, a subsidiary of Guangxi Automobile Group Co., Ltd, entered a joint venture to manufacture driveline systems.

Key Topics Covered

1. Introduction

2. Research Methodology

3. Market Insights

4. Market Dynamics

5. Market Segmentation and Analysis

6. Regional Market Analysis

7. Future of the Market

8. Competitive Landscape

9. Company Profiles

Robert Bosch GKN Driveline Delphi Technologies Denso Corporation Valeo Inc. Continental AG Schaeffler ZF BorgWarner

For more information about this report visit https://www.researchandmarkets.com/research/plt373/driveline_systems?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20180831005332/en/

CONTACT: ResearchAndMarkets.com

Laura Wood, Senior Manager

press@researchandmarkets.com

For E.S.T. Office Hours Call 1-917-300-0470

For U.S./CAN Toll Free Call 1-800-526-8630

For GMT Office Hours Call +353-1-416-8900

Related Topics:Electric and Hybrid Vehicles

KEYWORD:

INDUSTRY KEYWORD: MANUFACTURING AUTOMOTIVE MANUFACTURING ALTERNATIVE VEHICLES/FUELS AUTOMOTIVE

SOURCE: Research and Markets

Copyright Business Wire 2018.

PUB: 08/31/2018 11:33 AM/DISC: 08/31/2018 11:55 AM

http://www.businesswire.com/news/home/20180831005332/en