EV Transmission Market Forecast to 2027 - COVID-19 Impact and Global Analysis by Type (Single Speed and Multi-Speed); by Driveline Type (Battery Electric vehicle (BEV) and Hybrid Electric Vehicle (HEV)); and Geography

Publication Month: Nov 2020 | Report Code: TIPRE00007781 | No. of Pages: 152 | Category: Automotive and Transportation | Status: Published
Covid

The EV transmission market was valued at US$ 2,236.4 Mn in 2020 and is expected to grow at a CAGR of 14.0% from 2020 to 2027 to reach US$ 3,860.7 Mn by 2027.   

 

Apart from the traction motor, another critical component related to the power performance in an electric vehicle's systems is the transmission or gearbox in the drive system. When traveling, electric vehicles should have sufficient driving force to overcome road load. The acceleration performance and maximum speed performance of electric vehicles can be observed based on the wheel axle driving force curve and road load curve.

 

It has been observed that as multi-speed transmission has a different gear ratio, the performance scope of the motor can be expanded (with massive torque at low speed and with the high rotate speed at high speed). Thus, an electric vehicle with transmission has better road load resistance performance than that with a single ratio gearbox. It can reduce the power requirements for the motor and enhance the performance of the electric vehicle. Therefore, transmission is a better choice to improve the performance of an electric vehicle.    

 

The COVID-19 (coronavirus) pandemic is impacting society and the overall economy across the world. The impact of this pandemic is growing day by day, which affects the world's technology supply chain too. The COVID-19 lead towards the emergence of uncertainty in the stock market, massive slowing of the supply chain, falling business confidence, as well as increasing panic among the population. The overall effect of the pandemic is impacting the production process of several industries, such as consumer electronics, automotive, food & beverages, and many more. As the government of the different region has already announced total lockdown as well as temporarily shutdown of industries which is affecting the overall production process. Thus, hinder the overall EV transmission market globally.

 

Various companies in the Europe and North America focusing on R&D initiatives by various companies and rising investments are further complementing the growth of the global EV transmission market. Some of the key EV transmission manufacturers include Hewland Engineering Ltd, Borgwarner Inc., Continental AG, Porsche AG, Dana Limited, Eaton, and Zf Friedrichshafen AG.

 

Lucrative Regional EV Transmission Market

Lucrative Regional EV Transmission Market

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Market Insights

 

Favourable Government Initiatives to Boost the Growth

In the past few years, government initiatives to promote the adoption of cleaner transportation options have been growing at an impressive rate. European Union, China, Japan, Canada, India, and South Korea are some of the major geographies where governments are proactively taking steps to increase the adoption of electric vehicles especially cars. For instance, in the European Union there were some significant policy changes were made. These initiatives include improvements in fuel economy standards for trucks and ‘Clean Vehicles Directive’ that is focused on the procurement of electric buses by government. Another directive called ‘Energy Performance Buildings Directive’ is also formed which sets minimum standards for setting up charging infrastructure in buildings. Japan is another example where fuel economy standards were revised for trucks and through Japan’s automotive strategy, the country is expected to reduce 80% of its automotive greenhouse gas emissions by the year 2050. Such favorable initiatives are anticipated to boost the adoption of electric vehicles such as cars, bus and trucks and thus drive the adoption of EV transmission market during the forecast period of 2020 to 2027.    

 

Transmission Type Insights

On the basis of transmission type, the electric vehicle (EV) transmission market is segmented as single speed transmission and multi speed transmission. Single speed transmission segment is anticipated to grow at the highest CAGR during the forecast period. However, multi speed transmission segment led the EV transmission market in 2019.  

 

Global EV Transmission Market, by Transmission Type – 2019 & 2027

Global EV Transmission Market, by Transmission Type – 2019 & 2027

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Vehicle Type Insights

The EV Transmission market, by vehicle type, is segmented into passenger cars, commercial vehicle and motorsports. The magnetic technology segment captured dominating share in the global EV Transmission market.     

 

Strategic Insights

The market initiative is a strategy basically adopted by the companies to expand their footprint across the world and to fulfill the growing demand of the market. The players present in electric vehicle (EV) Transmission market mainly concentrate on the partnership, contractual alliances, and joint initiatives to grow their market share. Most of the market initiatives are observed in Europe and Asia regions, which have high potential to accelerate the electric vehicle (EV) Transmission market. Few of the recent development are listed below;

 

2019: Volkswagen using Continental in-car application server in ID. Electric vehicles   

 

2019: Dana Incorporated Secures Electric Powertrain Programs with Two Leading Medium-Duty Truck Manufacturers   

 

Global Electric vehicle (EV) Transmission Market – By Transmission Type

  • Single Speed
  • Multi-Speed


Global Electric vehicle (EV) Transmission Market – By Driveline Type

  • Battery Electric Vehicle (BEV)
  • Hybrid Electric Vehicle (HEV)


Global Electric vehicle (EV) Transmission Market – By Geography

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • France
    • Germany
    • Spain
    • UK
    • Rest of Europe
  • Asia Pacific (APAC)
    • China
    • India
    • Japan
    • South Korea
    • Rest of APAC
  • Rest of World (RoW)
    • Middle East
    • South America 

 

Companies Profiles

  • BorgWarner Inc
  • Continental AG
  • Porsche AG
  • Eaton Corporation plc
  • Dana Limited
  • ZF Friedrichshafen AG

 

 

1.             Introduction

1.1       Scope of the Study

1.2       The Insight Partners Research Report Guidance

1.3       Market Segmentation

1.3.1        Global Electric vehicle (EV) Transmission Market – By Transmission Type

1.3.2        Global Electric vehicle (EV) Transmission Market – By Driveline Type

1.3.3        Global Electric vehicle (EV) Transmission Market – By Geography

2.             Key Takeaways

3.             Research Methodology

3.1       Coverage

3.2       Secondary Research

3.3       Primary Research

4.             Electric vehicle (EV) Transmission- Market Landscape

4.1       Market Overview

4.2       PEST Analysis

4.3       Premium Insights

4.3.1        Vehicle Model by Transmission Type

4.3.2        Transition Trends from ICE to Alternate Prolusion Engine (Electric and Fuel Cell)

4.3.3        EV OEMs Transmission Strategy

5.             Electric vehicle (EV) Transmission Market – Key Market Dynamics

5.1       Key Market Drivers

5.1.1        Increasing Demand and Adoption of Electric Vehicles Worldwide

5.1.2        Favourable Government Initiatives to Boost the Growth

5.1.3        Rising Demand for Multi-Speed Transmission System

5.2       Key Market Restraint

5.2.1        High Upfront Costs and Scalability Issues

5.3       Key Market Opportunity

5.3.1        Demand for Electric Trucks and Buses Is Projected to Soar in Coming Years

5.4       Future Trend

5.4.1        Growth of Multi-Speed Transmission Systems

5.5       Impact Analysis of Drivers and Restraints

6.             Electric vehicle (EV) Transmission Market –  Global Analysis

6.1       Global Electric vehicle (EV) Transmission Market Overview

6.2       Global Electric vehicle (EV) Transmission Market Revenue Forecast and Analysis

7.             Electric Vehicle (EV) Transmission Market Analysis –  By Transmission Type

7.1       Overview

7.2       Electric Vehicle (EV) Transmission Market Breakdown, by Transmission Type, 2019 & 2027

7.3       Single Speed Transmission

7.3.1        Overview

7.3.2        Single Speed Transmission Market Revenue and Forecast to 2027 (US$ Million)

7.4       Multi Speed Transmission

7.4.1        Overview

7.4.2        Multi Speed Transmission Market Revenue and Forecast to 2027 (US$ Million)

8.             Electric Vehicle (EV) Transmission Market Analysis – By Vehicle Type

8.1       Overview

8.2       Electric Vehicle (EV) Transmission Market, By Vehicle Type (2019 and 2027)

8.3       Passenger Cars

8.3.1        Overview

8.3.2        Passenger Cars: Electric Vehicle (EV) Transmission Market – Revenue Forecast to 2027 (US$ Million)

8.4       Commercial Vehicle

8.4.1        Overview

8.4.2        Commercial Vehicle: Electric Vehicle (EV) Transmission Market – Revenue Forecast to 2027 (US$ Million)

8.5       Motorsports

8.5.1        Overview

8.5.2        Motorsports: Electric Vehicle (EV) Transmission Market – Revenue Forecast to 2027 (US$ Million)

9.             Electric Vehicle (EV) Transmission Market Analysis –  By Driveline Type

9.1       Overview

9.2       Electric Vehicle (EV) Transmission Market Breakdown, by Driveline Type, 2019 & 2027

9.3       Battery Electric Vehicle (BEV)

9.3.1        Overview

9.3.2        Battery Electric Vehicle (BEV) Market Revenue and Forecast to 2027 (US$ Million)

9.4       Hybrid Electric vehicle (HEV)

9.4.1        Overview

9.4.2        Hybrid Electric vehicle (HEV) Market Revenue and Forecast to 2027 (US$ Million)

10.          Electric Vehicle Transmission Market – Geographic Analysis

10.1    Overview

10.2    North America: Electric Vehicle Transmission Market

10.2.1     North America: Electric Vehicle Transmission Market – Revenue and Forecast to 2027 (US$ Million)

10.2.2     North America: Electric Vehicle Transmission Market, By Transmission Type

10.2.3     North America: Electric Vehicle Transmission Market, By Vehicle Type

10.2.4     North America: Electric Vehicle Transmission Market, By Driveline Type

10.2.5     North America: Electric Vehicle Transmission Market, By Country

10.2.5.1    US: Electric Vehicle Transmission Market – Revenue and Forecast to 2027 (US$ Million)

10.2.5.1.1    US: Electric Vehicle Transmission Market, By Transmission Type

10.2.5.1.2    US: Electric Vehicle Transmission Market, By Driveline Type

10.2.5.2    Canada: Electric Vehicle Transmission Market – Revenue and Forecast to 2027 (US$ Million)

10.2.5.2.1    Canada: Electric Vehicle Transmission Market, By Transmission Type

10.2.5.2.2    Canada: Electric Vehicle Transmission Market, By Driveline Type

10.2.5.3    Mexico: Electric Vehicle Transmission Market – Revenue and Forecast to 2027 (US$ Million)

10.2.5.3.1    Mexico: Electric Vehicle Transmission Market, By Transmission Type

10.2.5.3.2    Mexico: Electric Vehicle Transmission Market, By Driveline Type

10.3    Europe: Electric Vehicle Transmission Market

10.3.1     Europe: Electric Vehicle Transmission Market – Revenue and Forecast to 2027 (US$ Million)

10.3.2     Europe: Electric Vehicle Transmission Market, By Transmission Type

10.3.3     Europe: Electric Vehicle Transmission Market, By Vehicle Type

10.3.4     Europe: Electric Vehicle Transmission Market, By Driveline Type

10.3.5     Europe: Electric Vehicle Transmission Market, By Country

10.3.5.1    Germany: Electric Vehicle Transmission Market – Revenue and Forecast to 2027 (US$ Million)

10.3.5.1.1    Germany: Electric Vehicle Transmission Market, By Transmission Type

10.3.5.1.2    Germany: Electric Vehicle Transmission Market, By Driveline Type

10.3.5.2    France: Electric Vehicle Transmission Market – Revenue and Forecast to 2027 (US$ Million)

10.3.5.2.1    France: Electric Vehicle Transmission Market, By Transmission Type

10.3.5.2.2    France: Electric Vehicle Transmission Market, By Driveline Type

10.3.5.3    Italy: Electric Vehicle Transmission Market – Revenue and Forecast to 2027 (US$ Million)

10.3.5.3.1    Italy: Electric Vehicle Transmission Market, By Transmission Type

10.3.5.3.2    Italy: Electric Vehicle Transmission Market, By Driveline Type

10.3.5.4    UK: Electric Vehicle Transmission Market – Revenue and Forecast to 2027 (US$ Million)

10.3.5.4.1    UK: Electric Vehicle Transmission Market, By Transmission Type

10.3.5.4.2    UK: Electric Vehicle Transmission Market, By Driveline Type

10.3.5.5    Spain: Electric Vehicle Transmission Market – Revenue and Forecast to 2027 (US$ Million)

10.3.5.5.1    Spain: Electric Vehicle Transmission Market, By Transmission Type

10.3.5.5.2    Spain: Electric Vehicle Transmission Market, By Driveline Type

10.3.5.6    Rest of Europe: Electric Vehicle Transmission Market – Revenue and Forecast to 2027 (US$ Million)

10.3.5.6.1    Rest of Europe: Electric Vehicle Transmission Market, By Transmission Type

10.3.5.6.2    Rest of Europe: Electric Vehicle Transmission Market, By Driveline Type

10.4    APAC: Electric Vehicle Transmission Market

10.4.1     APAC: Electric Vehicle Transmission Market – Revenue and Forecast to 2027 (US$ Million)

10.4.2     APAC: Electric Vehicle Transmission Market, By Transmission Type

10.4.3     APAC: Electric Vehicle Transmission Market, By Vehicle Type

10.4.4     APAC: Electric Vehicle Transmission Market, By Driveline Type

10.4.5     APAC: Electric Vehicle Transmission Market, By Country

10.4.5.1    China: Electric Vehicle Transmission Market – Revenue and Forecast to 2027 (US$ Million)

10.4.5.1.1    China: Electric Vehicle Transmission Market, By Transmission Type

10.4.5.1.2    China: Electric Vehicle Transmission Market, By Driveline Type

10.4.5.2    India: Electric Vehicle Transmission Market – Revenue and Forecast to 2027 (US$ Million)

10.4.5.2.1    India: Electric Vehicle Transmission Market, By Transmission Type

10.4.5.2.2    India: Electric Vehicle Transmission Market, By Driveline Type

10.4.5.3    Japan: Electric Vehicle Transmission Market – Revenue and Forecast to 2027 (US$ Million)

10.4.5.3.1    Japan: Electric Vehicle Transmission Market, By Transmission Type

10.4.5.3.2    Japan: Electric Vehicle Transmission Market, By Driveline Type

10.4.5.4    South Korea: Electric Vehicle Transmission Market – Revenue and Forecast to 2027 (US$ Million)

10.4.5.4.1    South Korea: Electric Vehicle Transmission Market, By Transmission Type

10.4.5.4.2    South Korea: Electric Vehicle Transmission Market, By Driveline Type

10.4.5.5    Rest of APAC: Electric Vehicle Transmission Market – Revenue and Forecast to 2027 (US$ Million)

10.4.5.5.1    Rest of APAC: Electric Vehicle Transmission Market, By Transmission Type

10.4.5.5.2    Rest of APAC: Electric Vehicle Transmission Market, By Driveline Type

10.5    Rest of World: Electric Vehicle Transmission Market

10.5.1     Rest of World: Electric Vehicle Transmission Market – Revenue and Forecast to 2027 (US$ Million)

10.5.2     Rest of World: Electric Vehicle Transmission Market, By Transmission Type

10.5.3     Rest of World: Electric Vehicle Transmission Market, By Driveline Type

10.5.4     MEA: Electric Vehicle Transmission Market, By Country

10.5.4.1    MEA: Electric Vehicle Transmission Market – Revenue and Forecast to 2027 (US$ Million)

10.5.4.1.1    MEA: Electric Vehicle Transmission Market, By Transmission Type

10.5.4.1.2    MEA: Electric Vehicle Transmission Market, By Driveline Type

10.5.4.2    SAM: Electric Vehicle Transmission Market – Revenue and Forecast to 2027 (US$ Million)

10.5.4.2.1    SAM: Electric Vehicle Transmission Market, By Transmission Type

10.5.4.2.2    SAM: Electric Vehicle Transmission Market, By Driveline Type

11.          Impact of COVID-19 Pandemic on EV transmission Market

11.1    North America

11.2    Europe

11.3    Asia-Pacific

11.4    Middle East and Africa

11.5    South America

12.          Industry Landscape

12.1    Overview

13.          Company Profiles

13.1    BorgWarner Inc.

13.1.1     Key Facts

13.1.2     Business Description

13.1.3     Products and Services

13.1.4     Financial Overview

13.1.5     SWOT Analysis

13.1.6     Key Developments

13.2    Continental AG

13.2.1     Key Facts

13.2.2     Business Description

13.2.3     Products and Services

13.2.4     Financial Overview

13.2.5     SWOT Analysis

13.2.6     Key Developments

13.3    Porsche AG

13.3.1     Key Facts

13.3.2     Business Description

13.3.3     Products and Services

13.3.4     Financial Overview

13.3.5     SWOT Analysis

13.3.6     Key Developments

13.4    Eaton Corporation plc

13.4.1     Key Facts

13.4.2     Business Description

13.4.3     Products and Services

13.4.4     Financial Overview

13.4.5     SWOT Analysis

13.4.6     Key Developments

13.5    Dana Limited

13.5.1     Key Facts

13.5.2     Business Description

13.5.3     Products and Services

13.5.4     Financial Overview

13.5.5     SWOT Analysis

13.5.6     Key Developments

13.6    ZF Friedrichshafen AG

13.6.1     Key Facts

13.6.2     Business Description

13.6.3     Products and Services

13.6.4     Financial Overview

13.6.5     SWOT Analysis

13.6.6     Key Developments

14.          Appendix

14.1    About The Insight Partners

14.2    Glossary of Terms

LIST OF TABLES

Table 1.             Vehicle Model by Transmission type

Table 2.             Initiatives taken by suppliers for transition to Electric Drivetrain

Table 3.             Restraints and opportunities of alternate powertrain

Table 4.             EV OEMs Transmission Strategy

Table 5.             Global Electric vehicle (EV) Transmission Market Revenue and Forecasts to 2027 (US$ Million)

Table 6.             North America Electric Vehicle Transmission Market, By Transmission Type– Revenue and Forecast to 2027 (US$ Million)

Table 7.             North America Electric Vehicle Transmission Market, By Vehicle Type– Revenue and Forecast to 2027 (US$ Million)

Table 8.             North America Electric Vehicle Transmission Market, By Driveline Type – Revenue and Forecast to 2027  (US$ Million)

Table 9.             US Electric Vehicle Transmission Market, By Transmission Type– Revenue and Forecast to 2027 (US$ Million)

Table 10.          US Electric Vehicle Transmission Market, By Driveline Type – Revenue and Forecast to 2027 (US$ Million)

Table 11.          Canada Electric Vehicle Transmission Market, By Transmission Type– Revenue and Forecast to 2027  (US$ Million)

Table 12.          Canada Electric Vehicle Transmission Market, By Driveline Type – Revenue and Forecast to 2027 (US$ Million)

Table 13.          Mexico Electric Vehicle Transmission Market, By Transmission Type– Revenue and Forecast to 2027  (US$ Million)

Table 14.          Mexico Electric Vehicle Transmission Market, By Driveline Type – Revenue and Forecast to 2027 (US$ Million)

Table 15.          Europe Electric Vehicle Transmission Market, By Transmission Type– Revenue and Forecast to 2027  (US$ Million)

Table 16.          Europe Electric Vehicle Transmission Market, By Vehicle Type– Revenue and Forecast to 2027  (US$ Million)

Table 17.          Europe Electric Vehicle Transmission Market, By Driveline Type– Revenue and Forecast to 2027 (US$ Million)

Table 18.          Germany Electric Vehicle Transmission Market, By Transmission Type– Revenue and Forecast to 2027  (US$ Million)

Table 19.          Germany Electric Vehicle Transmission Market, By Driveline Type – Revenue and Forecast to 2027  (US$ Million)

Table 20.          France Electric Vehicle Transmission Market, By Transmission Type– Revenue and Forecast to 2027  (US$ Million)

Table 21.          France Electric Vehicle Transmission Market, By Driveline Type – Revenue and Forecast to 2027 (US$ Million)

Table 22.          Italy Electric Vehicle Transmission Market, By Transmission Type– Revenue and Forecast to 2027 (US$ Million)

Table 23.          Italy Electric Vehicle Transmission Market, By Driveline Type– Revenue and Forecast to 2027 (US$ Million)

Table 24.          UK Electric Vehicle Transmission Market, By Transmission Type– Revenue and Forecast to 2027 (US$ Million)

Table 25.          UK Electric Vehicle Transmission Market, By Driveline Type – Revenue and Forecast to 2027 (US$ Million)

Table 26.          Spain Electric Vehicle Transmission Market, By Transmission Type– Revenue and Forecast to 2027  (US$ Million)

Table 27.          Spain Electric Vehicle Transmission Market, By Driveline Type– Revenue and Forecast to 2027 (US$ Million)

Table 28.          Rest of Europe Electric Vehicle Transmission Market, By Transmission Type– Revenue and Forecast to 2027 (US$ Million)

Table 29.          Rest of Europe Electric Vehicle Transmission Market, By Driveline Type – Revenue and Forecast to 2027  (US$ Million)

Table 30.          APAC Electric Vehicle Transmission Market, By Transmission Type– Revenue and Forecast to 2027  (US$ Million)

Table 31.          APAC Electric Vehicle Transmission Market, By Vehicle Type– Revenue and Forecast to 2027 (US$ Million)

Table 32.          APAC Electric Vehicle Transmission Market, By Driveline Type– Revenue and Forecast to 2027 (US$ Million)

Table 33.          China Electric Vehicle Transmission Market, By Transmission Type– Revenue and Forecast to 2027  (US$ Million)

Table 34.          China Electric Vehicle Transmission Market, By Driveline Type – Revenue and Forecast to 2027 (US$ Million)

Table 35.          India Electric Vehicle Transmission Market, By Transmission Type– Revenue and Forecast to 2027 (US$ Million)

Table 36.          India Electric Vehicle Transmission Market, By Driveline Type– Revenue and Forecast to 2027 (US$ Million)

Table 37.          Japan Electric Vehicle Transmission Market, By Transmission Type– Revenue and Forecast to 2027  (US$ Million)

Table 38.          Japan Electric Vehicle Transmission Market, By Driveline Type– Revenue and Forecast to 2027 (US$ Million)

Table 39.          South Korea Electric Vehicle Transmission Market, By Transmission Type– Revenue and Forecast to 2027  (US$ Million)

Table 40.          South Korea Electric Vehicle Transmission Market, By Driveline Type – Revenue and Forecast to 2027  (US$ Million)

Table 41.          Rest of APAC Electric Vehicle Transmission Market, By Transmission Type– Revenue and Forecast to 2027  (US$ Million)

Table 42.          Rest of APAC Electric Vehicle Transmission Market, By Driveline Type – Revenue and Forecast to 2027  (US$ Million)

Table 43.          Rest of World Electric Vehicle Transmission Market, By Transmission Type– Revenue and Forecast to 2027  (US$ Million)

Table 44.          Rest of World Electric Vehicle Transmission Market, By Driveline Type– Revenue and Forecast to 2027  (US$ Million)

Table 45.          MEA Electric Vehicle Transmission Market, By Transmission Type– Revenue and Forecast to 2027 (US$ Million)

Table 46.          MEA Electric Vehicle Transmission Market, By Driveline Type– Revenue and Forecast to 2027 (US$ Million)

Table 47.          SAM Electric Vehicle Transmission Market, By Transmission Type– Revenue and Forecast to 2027 (US$ Million)

Table 48.          SAM Electric Vehicle Transmission Market, By Driveline Type – Revenue and Forecast to 2027 (US$ Million)

Table 49.          Glossary of Term: Airless Tire Market

 

 

LIST OF FIGURES

Figure 1.           Electric vehicle (EV) Transmission Market Segmentation

Figure 2.           Electric vehicle (EV) Transmission Market Segmentation - Geography

Figure 3.           Global Electric Vehicle (EV) Transmission Market Overview

Figure 4.           Asia Pacific Held the Largest Share in Global Electric Vehicle (EV) Transmission Market in 2018

Figure 5.           Electric Vehicle (EV) Transmission Market, By Transmission Type

Figure 6.           Global Electric Vehicle (EV) Transmission Market, By Driveline Type

Figure 7.           North America PEST Analysis

Figure 8.           Europe PEST Analysis

Figure 9.           Asia Pacific PEST Analysis

Figure 10.        RoW Pacific PEST Analysis

Figure 11.        Impact Analysis of Drivers and Restraints Pertaining to Automotive EV transmission system Market

Figure 12.        Global Electric vehicle (EV) Transmission Market- Geographical Analysis

Figure 13.        Global Electric vehicle (EV) Transmission Market Revenue Forecast and Analysis, (US$ Million)

Figure 14.        Electric Vehicle (EV) Transmission Market Breakdown, by Transmission Type (2019 and 2027)

Figure 15.        Single Speed Transmission Market Revenue and Forecast To 2027(US$ Million)

Figure 16.        Multi Speed Transmission Market Revenue and Forecast To 2027(US$ Million)

Figure 17.        Electric Vehicle (EV) Transmission Market Revenue Share, by Vehicle Type (2019 and 2027)

Figure 18.        Passenger vehicle: Electric Vehicle (EV) Transmission Market – Revenue, and Forecast to 2027 (US$ Million)

Figure 19.        Commercial vehicle: Electric Vehicle (EV) Transmission Market – Revenue, and Forecast to 2027 (US$ Million)

Figure 20.        Motorsports: Electric Vehicle (EV) Transmission Market – Revenue, and Forecast to 2027 (US$ Million)

Figure 21.        Electric Vehicle (EV) Transmission Market Breakdown, by Driveline Type (2019 and 2027)

Figure 22.        Battery Electric Vehicle (BEV) Market Revenue and Forecast To 2027(US$ Million)

Figure 23.        Hybrid Electric vehicle (HEV) Market Revenue and Forecast To 2027(US$ Million)

Figure 24.        Global Electric Vehicle Transmission Market Revenue Share, By Region (2019 and 2027)

Figure 25.        North America: Electric Vehicle Transmission Market – Revenue and Forecast to 2027 (US$ Million)

Figure 26.        North America Electric Vehicle Transmission Market Revenue Share, By Transmission Type (2019 and 2027)

Figure 27.        North America Electric Vehicle Transmission Market Revenue Share, By Vehicle Type (2019 and 2027)

Figure 28.        North America Electric Vehicle Transmission Market Revenue Share, By Driveline Type (2019 and 2027)

Figure 29.        North America Electric Vehicle Transmission Market Revenue Share, By Country (2019 and 2027)

Figure 30.        US: Electric Vehicle Transmission Market – Revenue and Forecast to 2027 (US$ Million)

Figure 31.        Canada: Electric Vehicle Transmission Market – Revenue and Forecast to 2027 (US$ Million)

Figure 32.        Mexico: Electric Vehicle Transmission Market – Revenue and Forecast to 2027 (US$ Million)

Figure 33.        Europe: Electric Vehicle Transmission Market – Revenue and Forecast to 2027 (US$ Million)

Figure 34.        Europe: Electric Vehicle Transmission Market Revenue Share, By Transmission Type (2019 and 2027)

Figure 35.        Europe: Electric Vehicle Transmission Market Revenue Share, By Vehicle Type (2019 and 2027)

Figure 36.        Europe: Electric Vehicle Transmission Market Revenue Share, By Driveline Type (2019 and 2027)

Figure 37.        Europe: Electric Vehicle Transmission Market Revenue Share, By Country (2019 and 2027)

Figure 38.        Germany: Electric Vehicle Transmission Market – Revenue and Forecast to 2027 (US$ Million)

Figure 39.        France: Electric Vehicle Transmission Market – Revenue and Forecast to 2027 (US$ Million)

Figure 40.        Italy: Electric Vehicle Transmission Market – Revenue and Forecast to 2027 (US$ Million)

Figure 41.        UK: Electric Vehicle Transmission Market – Revenue and Forecast to 2027 (US$ Million)

Figure 42.        Spain: Electric Vehicle Transmission Market – Revenue and Forecast to 2027 (US$ Million)

Figure 43.        Rest of Europe: Electric Vehicle Transmission Market – Revenue and Forecast to 2027 (US$ Million)

Figure 44.        APAC: Electric Vehicle Transmission Market – Revenue and Forecast to 2027 (US$ Million)

Figure 45.        APAC: Electric Vehicle Transmission Market Revenue Share, By Transmission Type (2019 and 2027)

Figure 46.        APAC: Electric Vehicle Transmission Market Revenue Share, By Vehicle Type (2019 and 2027)

Figure 47.        APAC: Electric Vehicle Transmission Market Revenue Share, By Driveline Type (2019 and 2027)

Figure 48.        APAC: Electric Vehicle Transmission Market Revenue Share, By Country (2019 and 2027)

Figure 49.        China: Electric Vehicle Transmission Market – Revenue and Forecast to 2027 (US$ Million)

Figure 50.        India: Electric Vehicle Transmission Market – Revenue and Forecast to 2027 (US$ Million)

Figure 51.        Japan: Electric Vehicle Transmission Market – Revenue and Forecast to 2027 (US$ Million)

Figure 52.        South Korea: Electric Vehicle Transmission Market – Revenue and Forecast to 2027 (US$ Million)

Figure 53.        Rest of APAC: Electric Vehicle Transmission Market – Revenue and Forecast to 2027 (US$ Million)

Figure 54.        Rest of World: Electric Vehicle Transmission Market – Revenue and Forecast to 2027 (US$ Million)

Figure 55.        Rest of World: Electric Vehicle Transmission Market Revenue Share, By Transmission Type (2019 and 2027)

Figure 56.        Rest of World: Electric Vehicle Transmission Market Revenue Share, By Driveline Type (2019 and 2027)

Figure 57.        MEA: Electric Vehicle Transmission Market Revenue Share, By Country (2019 and 2027)

Figure 58.        MEA: Electric Vehicle Transmission Market – Revenue and Forecast to 2027 (US$ Million)

Figure 59.        SAM: Electric Vehicle Transmission Market – Revenue and Forecast to 2027 (US$ Million)

Figure 60.        Impact of COVID-19 Pandemic in North American Country Markets

Figure 61.        Impact of COVID-19 Pandemic in Europe Country Markets

Figure 62.        Impact of COVID-19 Pandemic in Asia Pacific Country Markets

Figure 63.        Impact of COVID-19 Pandemic in Middle East and Africa Country Markets

Figure 64.        Impact of COVID-19 Pandemic in South America Country Markets

 

 

The List of Companies -  EV Transmission Market

  1. BorgWarner Inc
  2. Continental AG
  3. Porsche AG
  4. Eaton Corporation plc
  5. Dana Limited
  6. ZF Friedrichshafen AG
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Frequently Asked Questions

The EV market as well as EV transmission sector in Asian continent is heavily driven by China, followed by Japan. The huge fluctuations in fuel prices and a decline in the subsidies offered on the PHEVs in the regional market, namely in the China, are hindering the sales of the vehicles. Also, the automakers in the region are introducing the plug-in-hybrid varieties, which indicates the shifting of interest of the masses toward eco-friendly electric vehicles. Some of the well- known manufacturers, such as BMW, Mercedes-Benz, Volvo, Volkswagen, Mitsubishi, and Ford among others, have already focusing on the development of the plug-in-hybrid versions of the present IC engine vehicle models. China is one of the largest manufacturer of PHEVs in the region. The country comprises the largest market for these vehicles, with the presence of manufacturers, namely BYD, BAIC, and SAIC.

In the past few years, electric mobility has been growing at an unprecedented rate. The sales of electric vehicles are expanding at a fast pace owing to increasing concerns regarding environmental protection and favorable government policies to boost the adoption of electric vehicles worldwide. As per Global EV Outlook 2019 of International Energy Agency (IEA), electric vehicles in freight transport especially light-commercial vehicles (LCVs) reached 2, 50,000 units in the year 2019. Medium electric truck sales also reached to around 1,000 to 2,000 units in the same year. Presently, China is the leading market for electric vehicles followed by Europe and the US.

Single speed transmission consists of a reverted gear, single reduction gear, and a compound gear train. Based on the transmission type, the single speed transmission segment is anticipated to grow at a nominal CAGR during the forecast period. The development is ascribed to the benefits offered, such as cheap & simple construction, less space necessity, and maximum torque when coupled with motor. Besides, in single speed transmission, there's no moving of gears needed, and there's no requirement of the clutch when compared to manual and automatic transmissions.

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