Driveline Systems for the Global Electric Vehicle Market 2018-2023 - E-axle Technology is Expected to Grow at the Fastest Pace - ResearchAndMarkets.com
Aug. 31, 2018
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 HighlightsE-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 DevelopmentsAmerican 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
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 ProfilesRobert 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/
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Related Topics:Electric and Hybrid Vehicles
INDUSTRY KEYWORD: MANUFACTURING AUTOMOTIVE MANUFACTURING ALTERNATIVE VEHICLES/FUELS AUTOMOTIVE
SOURCE: Research and Markets
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PUB: 08/31/2018 11:33 AM/DISC: 08/31/2018 11:55 AM