PUBLISHER: Market Xcel - Markets and Data | PRODUCT CODE: 1373575
PUBLISHER: Market Xcel - Markets and Data | PRODUCT CODE: 1373575
EV Powertrain Market Assessment, By Component Type, By Vehicle Type, By Vehicle Drive Type, By Propulsion Type, By Region, Opportunities, and Forecast 2016-2030
The Global EV Powertrain Market size was valued at USD 101.45 billion in 2022 which is expected to reach USD 323.53 billion in 2030 with a CAGR of 15.6% for the forecast period between 2023 and 2030. Electric powertrain systems are essential for generating and transmitting power to the vehicle's wheels in fully electric, hybrid electric, and plug-in hybrid electric vehicles. These EV, HEV, and PHEV powertrains bring numerous benefits compared to conventional counterparts, including reduced emissions, enhanced fuel efficiency, and high torque at low speeds.
The substantial rise in oil prices is primarily driven by the gradual depletion of global oil reserves, which is exacerbated by the pressing global issue of global warming, largely caused by the substantial emissions of CO2. Environmental preservation and energy conservation have become issues of global significance. Consequently, the prevailing industrial vehicle design and development trend concerns green energy solutions. This has led automotive companies to focus on the development of e-powertrains, which are specifically engineered for low energy consumption and the reduction of carbon emissions. The e-powertrain eliminates the need for an internal combustion engine and is known for its compact and lightweight design. It generates instant torque and minimizes vibrations. Key components of the Electric Vehicle powertrain encompass the power distribution module (PDM), transmission, inverter, converter, transmission, and electric motor, among others. These components collaborate to deliver a high-quality, smooth, and responsive driving experience.
The factors like declining cost of ownership for electric vehicles, government incentives and improving EV charging infrastructure is propelling the demand for electric vehicles which in turn is boosting the production of electric vehicles. Hence, the demand for EV powertrain is experiencing surging demand owing to the improving EV production volumes to bridge demand supply gap globally.
Increasing Environmental & Sustainability Awareness Driving the EV Adoption
The global Electric Vehicle (EV) powertrain market is experiencing a rapid transformation, driven by a combination of key factors. Stringent environmental regulations, such as emissions standards set by governmental bodies and agencies like the U.S. Environmental Protection Agency's GHG emission regulations, have compelled automakers to invest significantly in electric powertrain technologies. The urgent necessity to reduce carbon emissions and combat climate change has become a central driver for the widespread adoption of electric vehicles. According to the 2022 Zero-Emission Vehicles Factbook unveiled during COP27 in Egypt, passenger electric vehicle sales are projected to exceed 10 million units, marking a substantial increase from the 6.6 million recorded in 2021. In the first half of 2022, electric vehicles captured more than 13% of global new car sales, a notable rise from the 8.7% figure reported for the entire year of 2021.
Moreover, the market is experiencing significant growth due to consumers' increasing popularity of electric and hybrid vehicles. The rising awareness regarding environmental conservation and the growing demand for sustainable transportation options have led to a surge in the adoption of electric vehicles, thereby propelling the EV powertrain market. Furthermore, governments worldwide are introducing attractive incentives and subsidies to encourage the uptake of electric vehicles, creating a favorable environment for both manufacturers and consumers. These factors' synergy generates robust market demand, drives technological advancements, and fosters the expansion of the global EV powertrain market.
Rising Cost of Gasoline Based Fuels Prompting Commuters to Switch to EVs
The rising tide of fuel prices and escalating environmental concerns have prompted consumers to shift toward electric mobility solutions, particularly in developed nations. This has ignited an intensity among automobile manufacturers to develop compact and lightweight e-powertrain solutions that align with the everyday needs of consumers. Government policies and support mechanisms play a pivotal role in this transformation, as they offer an array of incentives such as grants, subsidies, and support for domestic production, which further catalyze the mass adoption of electric vehicles. In parallel, non-financial incentives are gaining traction, bolstering the market for electric vehicle powertrains. This concerted effort to embrace eco-friendly and efficient transportation is paving the way for the rapid expansion of the electric vehicle powertrain market.
EVs present an attractive solution, offering a more economical and sustainable alternative to traditional petrol-powered vehicles. The growing interest in EVs for commuting stems primarily from their significantly lower operational costs when compared to petrol or diesel vehicles. Electric vehicles are highly energy-efficient and not subject to fluctuating fuel prices, providing consumers with greater stability in their transportation expenses. Although the initial purchase cost of an EV might be higher than traditional vehicles, the long-term savings on fuel and maintenance expenses make EVs a compelling investment. Owing to this, the demand for EVs has further increased the demand for EV powertrains for production.
Battery Electric Vehicle Contributing to Major Demand for EV Powertrain
The production of Battery Electric Vehicles (BEVs) plays a pivotal role in driving global demand for Electric Vehicle (EV) powertrains. This phenomenon is underpinned by a complex interplay of factors that revolve around zero emissions, remarkable advancements in battery technology, and shifting consumer preferences. Advances in battery technology have translated into tangible improvements in BEVs' energy density, range, and overall performance. Lithium-ion batteries have become more efficient and cost-effective, reducing the overall price tag of BEVs. As battery technology advances, it wields a direct and transformative impact on the demand for EV powertrains, catalyzing innovation and investment within the sector.
In tandem with these technological strides, a growing environmental consciousness among consumers is driving a surge in demand for BEVs. Consumers increasingly recognize the advantages of electric vehicles, including reduced operating costs, diminished maintenance requirements, and the convenience of home-based charging. This burgeoning consumer demand for BEVs serves as a powerful force propelling the production of these vehicles and, consequently, the escalation in demand for EV powertrains. Notably, this trend opens up significant opportunities for the industry in the near future. An illustrative example is Toyota's recent announcement of its ambitious plan to manufacture 600,000 BEVs by 2025, marking a substantial increase from its previous target of 190,000 EVs by 2024.
Government Incentives Driving EV Adoption
Governments worldwide are implementing a variety of incentives to encourage the adoption of Electric Vehicles (EVs). These incentives encompass subsidies that directly reduce the purchase price of EVs, making them more affordable for consumers. Tax credits are another common approach, providing financial benefits to individuals or businesses purchasing electric vehicles by lowering their tax liabilities. Many countries also offer tax exemptions, sparing EVs from specific taxes like sales tax, road tax, or import duties, further reducing the overall cost of ownership. For instance, the United States offers a federal tax credit of up to USD 7,500 to purchase an EV, and many states also offer incentives. Likewise, Norway offers EVs a complete exemption from import duties, VAT, and free parking access to EV owners. Indian government has already initiated plans to replace gasoline-based vehicles in fleet with electric vehicles.
In addition, governments provide incentives to manufacturers, including grants and low-interest loans, to promote the production of EVs and their components like powertrains. For instance, India has announced the production linked incentive (PLI) scheme allocated a budget of USD 3,160 million to the automobile and auto component industry. this initiative offers financial incentives to promote the domestic production of advanced automotive technology products, which includes electric vehicles and their components. under this scheme, eligible sales of electric vehicles and their parts can receive incentives up to 18% of their value.
Impact of COVID-19
The electric powertrain industry had been impacted by the global COVID-19 pandemic, resulting in a decline in growth due to reduced automotive sales and changing requirements. Nevertheless, the market is being driven by stringent emission regulations imposed by governmental bodies, such as the U.S. Environmental Protection Agency's Greenhouse Gas (GHG) emission standards, India's BS-VI norms, and China VI standards. The recovery in post-COVID-19 sales of pure and hybrid electric vehicles is a significant factor in the electric powertrain sector. Additionally, governments' widespread adoption of electric cars and enticing incentives to promote domestic electric vehicle production are expected to enhance the global demand for electric powertrains.
Key players Landscape and Outlook
EV powertrain manufacturers are teaming up with automobile companies for several reasons. Firstly, these partnerships combine specialized expertise: powertrain manufacturers bring knowledge in electric motors and batteries, while auto companies offer insights into vehicle design and safety standards. Secondly, tapping into established automakers' infrastructures ensures cost-efficient EV production due to economies of scale. Moreover, these collaborations grant access to extensive dealership networks, widening the reach of EVs among consumers. Innovation accelerates as these entities pool resources, leading to cutting-edge EV technologies. Additionally, these partnerships aid traditional automakers in adhering to strict environmental regulations by integrating electric powertrains. Shared financial risks make substantial EV investments more manageable. Lastly, affiliating with reputable automakers boosts brand credibility, enhancing consumer confidence and driving the overall adoption of electric vehicles.
In April 2023, Denso Corporation (Denso) achieved a significant milestone by creating its inaugural inverter featuring silicon carbide (SiC) power semiconductors. This cutting-edge inverter is slated for integration into BlueE Nexus Corporation's eAxle, a pivotal component in the Lexus RZ, thus contributing to the vehicle's performance and efficiency.
In February 2023, Continental AG introduced an innovative electric motor rotor position sensor (eRPS) tailored for electric vehicles. The eRPS harnesses inductive technology to accurately determine the position of the rotors in synchronous electric machines, leading to enhanced efficiency and a more seamless operational experience.
In December 2021, Magna International Inc. (Magna) unveiled its comprehensive all-electric connected powertrain, the EtelligentReach. This holistic system includes two electric motors, inverters, and transmissions, with the added advantage of advanced software to enhance vehicle range and driving dynamics optimization.
In November 2021, Mitsubishi Electric Corporation (Mitsubishi Electric) made its foray into the electric vehicle (EV) market by introducing e-axles, which seamlessly combine motors, inverters, and reduction gears, serving as an integrated solution for EVs.
Table of Contents
1. Research Methodology
2. Project Scope & Definitions
3. Impact of COVID-19 on EV Powertrain Market
4. Executive Summary
5. Voice of Customer
- 5.1. Demographics of the End Consumer
- 5.2. Factors Considered in Purchase Decision
- 5.2.1. Type of Battery and Capacity
- 5.2.2. Charging Specification
- 5.2.3. Power & Torque
- 5.2.4. Energy Consumption
- 5.2.5. Acceleration
- 5.2.6. Technical Specifications and Features
- 5.2.7. Scalability and Integration
6. Global EV Powertrain Market Outlook, 2016-2030F
- 6.1. Market Size & Forecast
- 6.1.1. By Value
- 6.1.2. By Volume
- 6.2. By Component Type
- 6.2.1. Battery Pack
- 6.2.2. Power Electronic Controller
- 6.2.3. Electric Motor
- 6.2.4. Converter
- 6.2.5. Transmission
- 6.2.6. On-Board Charger
- 6.2.7. Others
- 6.3. By Vehicle Type
- 6.3.1. Passenger Car
- 6.3.2. Commercial Vehicle
- 6.4. By Vehicle Drive Type
- 6.4.1. Front Wheel Drive
- 6.4.2. Rear Wheel Drive
- 6.4.3. All Wheel Drive
- 6.5. By Propulsion Type
- 6.5.1. Battery Electric Vehicle (BEV)
- 6.5.2. Hybrid Electric Vehicle (HEV)
- 6.5.3. Plug-in Hybrid Electric Vehicle (PHEV)
- 6.5.4. Fuel Cell Electric Vehicles (FCEV)
- 6.6. By Region
- 6.6.1. Europe
- 6.6.2. North America
- 6.6.3. Asia Pacific
- 6.6.4. South America
- 6.6.5. Middle East & Africa
- 6.7. By Company Market Share (%), 2022
7. Global EV Powertrain Market Outlook, By Region, 2016-2030F
- 7.1. North America*
- 7.1.1. Market Size & Forecast
- 7.1.1.1. By Value
- 7.1.1.2. By Volume
- 7.1.2. By Component Type
- 7.1.2.1. Battery Pack
- 7.1.2.2. Power Electronic Controller
- 7.1.2.3. Electric Motor
- 7.1.2.4. Converter
- 7.1.2.5. Transmission
- 7.1.2.6. On-Board Charger
- 7.1.2.7. Others
- 7.1.3. By Vehicle Type
- 7.1.3.1. Passenger Car
- 7.1.3.2. Commercial Vehicle
- 7.1.4. By Vehicle Drive Type
- 7.1.4.1. Front Wheel Drive
- 7.1.4.2. Rear Wheel Drive
- 7.1.4.3. All Wheel Drive
- 7.1.5. By Propulsion Type
- 7.1.5.1. Battery Electric Vehicle (BEV)
- 7.1.5.2. Hybrid Electric Vehicle (HEV)
- 7.1.5.3. Plug-in Hybrid Electric Vehicle (PHEV)
- 7.1.5.4. Fuel Cell Electric Vehicles (FCEV)
- 7.1.6. United States*
- 7.1.6.1. Market Size & Forecast
- 7.1.6.1.1. By Value
- 7.1.6.1.2. By Volume
- 7.1.6.2. By Component Type
- 7.1.6.2.1. Battery Pack
- 7.1.6.2.2. Power Electronic Controller
- 7.1.6.2.3. Electric Motor
- 7.1.6.2.4. Converter
- 7.1.6.2.5. Transmission
- 7.1.6.2.6. On-Board Charger
- 7.1.6.2.7. Others
- 7.1.6.3. By Vehicle Type
- 7.1.6.3.1. Passenger Car
- 7.1.6.3.2. Commercial Vehicle
- 7.1.6.4. By Vehicle Drive Type
- 7.1.6.4.1. Front Wheel Drive
- 7.1.6.4.2. Rear Wheel Drive
- 7.1.6.4.3. All Wheel Drive
- 7.1.6.5. By Propulsion Type
- 7.1.6.5.1. Battery Electric Vehicle (BEV)
- 7.1.6.5.2. Hybrid Electric Vehicle (HEV)
- 7.1.6.5.3. Plug-in Hybrid Electric Vehicle (PHEV)
- 7.1.6.5.4. Fuel Cell Electric Vehicles (FCEV)
- 7.1.7. Canada
- 7.1.8. Mexico
- 7.1.1. Market Size & Forecast
All segments will be provided for all regions and countries covered
- 7.2. Europe
- 7.2.1. Germany
- 7.2.2. France
- 7.2.3. Italy
- 7.2.4. United Kingdom
- 7.2.5. Russia
- 7.2.6. Netherlands
- 7.2.7. Spain
- 7.2.8. Turkey
- 7.2.9. Poland
- 7.3. South America
- 7.3.1. Brazil
- 7.3.2. Argentina
- 7.4. Asia-Pacific
- 7.4.1. India
- 7.4.2. China
- 7.4.3. Japan
- 7.4.4. Australia
- 7.4.5. Vietnam
- 7.4.6. South Korea
- 7.4.7. Indonesia
- 7.4.8. Philippines
- 7.5. Middle East & Africa
- 7.5.1. Saudi Arabia
- 7.5.2. UAE
- 7.5.3. South Africa
8. Supply Side Analysis
- 8.1. Capacity, By Company
- 8.2. Production, By Company
- 8.3. Operating Efficiency, By Company
- 8.4. Key Plant Locations (Up to 25)
9. Market Mapping, 2022
- 9.1. By Component Type
- 9.2. By Vehicle Type
- 9.3. By Vehicle Drive Type
- 9.4. By Propulsion Type
- 9.5. By Region
10. Macro Environment and Industry Structure
- 10.1. Supply Demand Analysis
- 10.2. Import Export Analysis
- 10.3. Value Chain Analysis
- 10.4. PESTEL Analysis
- 10.4.1. Political Factors
- 10.4.2. Economic System
- 10.4.3. Social Implications
- 10.4.4. Technological Advancements
- 10.4.5. Environmental Impacts
- 10.4.6. Legal Compliances and Regulatory Policies (Statutory Bodies Included)
- 10.5. Porter's Five Forces Analysis
- 10.5.1. Supplier Power
- 10.5.2. Buyer Power
- 10.5.3. Substitution Threat
- 10.5.4. Threat from New Entrant
- 10.5.5. Competitive Rivalry
11. Market Dynamics
- 11.1. Growth Drivers
- 11.2. Growth Inhibitors (Challenges and Restraints)
12. Key Players Landscape
- 12.1. Competition Matrix of Top Five Market Leaders
- 12.2. Market Revenue Analysis of Top Five Market Leaders (in %, 2022)
- 12.3. Mergers and Acquisitions/Joint Ventures (If Applicable)
- 12.4. SWOT Analysis (For Five Market Players)
- 12.5. Patent Analysis (If Applicable)
13. Pricing Analysis
14. Case Studies
15. Key Players Outlook
- 15.1. BorgWarner
- 15.1.1. Company Details
- 15.1.2. Key Management Personnel
- 15.1.3. Products & Services
- 15.1.4. Key Market Focus & Geographical Presence
- 15.1.5. Financials (As Reported)
- 15.1.6. Recent Developments
- 15.2. Robert Bosch GmbH
- 15.3. Continental AG
- 15.4. Dana Incorporated
- 15.5. Denso
- 15.6. Hitachi
- 15.7. Magna International Inc.
- 15.8. Magneti Marelli Ck Holdings
- 15.9. Mitsubishi Electric Corp.
- 15.10. Nidec Corporation
Companies mentioned above DO NOT hold any order as per market share and can be changed as per information available during research work
16. Strategic Recommendations
17. About Us & Disclaimer
List of Tables
- Table 1. Pricing Analysis of Products from Key Players
- Table 2. Competition Matrix of Top 5 Market Leaders
- Table 3. Mergers & Acquisitions/ Joint Ventures (If Applicable)
- Table 4. About Us - Regions and Countries Where We Have Executed Client Projects
List of Figures
- Figure 1. Global EV Powertrain Market, By Value, In USD Billion, 2016-2030F
- Figure 2. Global EV Powertrain Market, By Volume, In Units, 2016-2030F
- Figure 3. Global EV Powertrain Market Share, By Component Type, In USD Billion, 2016-2030F
- Figure 4. Global EV Powertrain Market Share, By Vehicle Type, In USD Billion, 2016-2030F
- Figure 5. Global EV Powertrain Market Share, By Vehicle Drive Type, In USD Billion, 2016-2030F
- Figure 6. Global EV Powertrain Market Share, By Propulsion, In USD Billion, 2016-2030F
- Figure 7. Global EV Powertrain Market Share, By Region, In USD Billion, 2016-2030F
- Figure 8. North America EV Powertrain Market, By Value, In USD Billion, 2016-2030F
- Figure 9. North America EV Powertrain Market, By Volume, In Units, 2016-2030F
- Figure 10. North America EV Powertrain Market Share, By Component Type, In USD Billion, 2016-2030F
- Figure 11. North America EV Powertrain Market Share, By Vehicle Type, In USD Billion, 2016-2030F
- Figure 12. North America EV Powertrain Market Share, By Vehicle Drive Type, In USD Billion, 2016-2030F
- Figure 13. North America EV Powertrain Market Share, By Propulsion, In USD Billion, 2016-2030F
- Figure 14. North America EV Powertrain Market Share, By Country, In USD Billion, 2016-2030F
- Figure 15. United States EV Powertrain Market, By Value, In USD Billion, 2016-2030F
- Figure 16. United States EV Powertrain Market, By Volume, In Units, 2016-2030F
- Figure 17. United States EV Powertrain Market Share, By Component Type, In USD Billion, 2016-2030F
- Figure 18. United States EV Powertrain Market Share, By Vehicle Type, In USD Billion, 2016-2030F
- Figure 19. United States EV Powertrain Market Share, By Vehicle Drive Type, In USD Billion, 2016-2030F
- Figure 20. United States EV Powertrain Market Share, By Propulsion, In USD Billion, 2016-2030F
- Figure 21. Canada EV Powertrain Market, By Value, In USD Billion, 2016-2030F
- Figure 22. Canada EV Powertrain Market, By Volume, In Units, 2016-2030F
- Figure 23. Canada EV Powertrain Market Share, By Component Type, In USD Billion, 2016-2030F
- Figure 24. Canada EV Powertrain Market Share, By Vehicle Type, In USD Billion, 2016-2030F
- Figure 25. Canada EV Powertrain Market Share, By Vehicle Drive Type, In USD Billion, 2016-2030F
- Figure 26. Canada EV Powertrain Market Share, By Propulsion, In USD Billion, 2016-2030F
- Figure 27. Mexico EV Powertrain Market, By Value, In USD Billion, 2016-2030F
- Figure 28. Mexico EV Powertrain Market, By Volume, In Units, 2016-2030F
- Figure 29. Mexico EV Powertrain Market Share, By Component Type, In USD Billion, 2016-2030F
- Figure 30. Mexico EV Powertrain Market Share, By Vehicle Type, In USD Billion, 2016-2030F
- Figure 31. Mexico EV Powertrain Market Share, By Vehicle Drive Type, In USD Billion, 2016-2030F
- Figure 32. Mexico EV Powertrain Market Share, By Propulsion, In USD Billion, 2016-2030F
- Figure 33. Europe EV Powertrain Market, By Value, In USD Billion, 2016-2030F
- Figure 34. Europe EV Powertrain Market, By Volume, In Units, 2016-2030F
- Figure 35. Europe EV Powertrain Market Share, By Component Type, In USD Billion, 2016-2030F
- Figure 36. Europe EV Powertrain Market Share, By Vehicle Type, In USD Billion, 2016-2030F
- Figure 37. Europe EV Powertrain Market Share, By Vehicle Drive Type, In USD Billion, 2016-2030F
- Figure 38. Europe EV Powertrain Market Share, By Propulsion, In USD Billion, 2016-2030F
- Figure 39. Europe EV Powertrain Market Share, By Country, In USD Billion, 2016-2030F
- Figure 40. Germany EV Powertrain Market, By Value, In USD Billion, 2016-2030F
- Figure 41. Germany EV Powertrain Market, By Volume, In Units, 2016-2030F
- Figure 42. Germany EV Powertrain Market Share, By Component Type, In USD Billion, 2016-2030F
- Figure 43. Germany EV Powertrain Market Share, By Vehicle Type, In USD Billion, 2016-2030F
- Figure 44. Germany EV Powertrain Market Share, By Vehicle Drive Type, In USD Billion, 2016-2030F
- Figure 45. Germany EV Powertrain Market Share, By Propulsion, In USD Billion, 2016-2030F
- Figure 46. France EV Powertrain Market, By Value, In USD Billion, 2016-2030F
- Figure 47. France EV Powertrain Market, By Volume, In Units, 2016-2030F
- Figure 48. France EV Powertrain Market Share, By Component Type, In USD Billion, 2016-2030F
- Figure 49. France EV Powertrain Market Share, By Vehicle Type, In USD Billion, 2016-2030F
- Figure 50. France EV Powertrain Market Share, By Vehicle Drive Type, In USD Billion, 2016-2030F
- Figure 51. France EV Powertrain Market Share, By Propulsion, In USD Billion, 2016-2030F
- Figure 52. Italy EV Powertrain Market, By Value, In USD Billion, 2016-2030F
- Figure 53. Italy EV Powertrain Market, By Volume, In Units, 2016-2030F
- Figure 54. Italy EV Powertrain Market Share, By Component Type, In USD Billion, 2016-2030F
- Figure 55. Italy EV Powertrain Market Share, By Vehicle Type, In USD Billion, 2016-2030F
- Figure 56. Italy EV Powertrain Market Share, By Vehicle Drive Type, In USD Billion, 2016-2030F
- Figure 57. Italy EV Powertrain Market Share, By Propulsion, In USD Billion, 2016-2030F
- Figure 58. United Kingdom EV Powertrain Market, By Value, In USD Billion, 2016-2030F
- Figure 59. United Kingdom EV Powertrain Market, By Volume, In Units, 2016-2030F
- Figure 60. United Kingdom EV Powertrain Market Share, By Component Type, In USD Billion, 2016-2030F
- Figure 61. United Kingdom EV Powertrain Market Share, By Vehicle Type, In USD Billion, 2016-2030F
- Figure 62. United Kingdom EV Powertrain Market Share, By Vehicle Drive Type, In USD Billion, 2016-2030F
- Figure 63. United Kingdom EV Powertrain Market Share, By Propulsion, In USD Billion, 2016-2030F
- Figure 64. Russia EV Powertrain Market, By Value, In USD Billion, 2016-2030F
- Figure 65. Russia EV Powertrain Market, By Volume, In Units, 2016-2030F
- Figure 66. Russia EV Powertrain Market Share, By Component Type, In USD Billion, 2016-2030F
- Figure 67. Russia EV Powertrain Market Share, By Vehicle Type, In USD Billion, 2016-2030F
- Figure 68. Russia EV Powertrain Market Share, By Vehicle Drive Type, In USD Billion, 2016-2030F
- Figure 69. Russia EV Powertrain Market Share, By Propulsion, In USD Billion, 2016-2030F
- Figure 70. Netherlands EV Powertrain Market, By Value, In USD Billion, 2016-2030F
- Figure 71. Netherlands EV Powertrain Market, By Volume, In Units, 2016-2030F
- Figure 72. Netherlands EV Powertrain Market Share, By Component Type, In USD Billion, 2016-2030F
- Figure 73. Netherlands EV Powertrain Market Share, By Vehicle Type, In USD Billion, 2016-2030F
- Figure 74. Netherlands EV Powertrain Market Share, By Vehicle Drive Type, In USD Billion, 2016-2030F
- Figure 75. Netherlands EV Powertrain Market Share, By Propulsion, In USD Billion, 2016-2030F
- Figure 76. Spain EV Powertrain Market, By Value, In USD Billion, 2016-2030F
- Figure 77. Spain EV Powertrain Market, By Volume, In Units, 2016-2030F
- Figure 78. Spain EV Powertrain Market Share, By Component Type, In USD Billion, 2016-2030F
- Figure 79. Spain EV Powertrain Market Share, By Vehicle Type, In USD Billion, 2016-2030F
- Figure 80. Spain EV Powertrain Market Share, By Vehicle Drive Type, In USD Billion, 2016-2030F
- Figure 81. Spain EV Powertrain Market Share, By Propulsion, In USD Billion, 2016-2030F
- Figure 82. Turkey EV Powertrain Market, By Value, In USD Billion, 2016-2030F
- Figure 83. Turkey EV Powertrain Market, By Volume, In Units, 2016-2030F
- Figure 84. Turkey EV Powertrain Market Share, By Component Type, In USD Billion, 2016-2030F
- Figure 85. Turkey EV Powertrain Market Share, By Vehicle Type, In USD Billion, 2016-2030F
- Figure 86. Turkey EV Powertrain Market Share, By Vehicle Drive Type, In USD Billion, 2016-2030F
- Figure 87. Turkey EV Powertrain Market Share, By Propulsion, In USD Billion, 2016-2030F
- Figure 88. Poland EV Powertrain Market, By Value, In USD Billion, 2016-2030F
- Figure 89. Poland EV Powertrain Market, By Volume, In Units, 2016-2030F
- Figure 90. Poland EV Powertrain Market Share, By Component Type, In USD Billion, 2016-2030F
- Figure 91. Poland EV Powertrain Market Share, By Vehicle Type, In USD Billion, 2016-2030F
- Figure 92. Poland EV Powertrain Market Share, By Vehicle Drive Type, In USD Billion, 2016-2030F
- Figure 93. Poland EV Powertrain Market Share, By Propulsion, In USD Billion, 2016-2030F
- Figure 94. South America EV Powertrain Market, By Value, In USD Billion, 2016-2030F
- Figure 95. South America EV Powertrain Market, By Volume, In Units, 2016-2030F
- Figure 96. South America EV Powertrain Market Share, By Component Type, In USD Billion, 2016-2030F
- Figure 97. South America EV Powertrain Market Share, By Vehicle Type, In USD Billion, 2016-2030F
- Figure 98. South America EV Powertrain Market Share, By Vehicle Drive Type, In USD Billion, 2016-2030F
- Figure 99. South America EV Powertrain Market Share, By Propulsion, In USD Billion, 2016-2030F
- Figure 100. South America EV Powertrain Market Share, By Country, In USD Billion, 2016-2030F
- Figure 101. Brazil EV Powertrain Market, By Value, In USD Billion, 2016-2030F
- Figure 102. Brazil EV Powertrain Market, By Volume, In Units, 2016-2030F
- Figure 103. Brazil EV Powertrain Market Share, By Component Type, In USD Billion, 2016-2030F
- Figure 104. Brazil EV Powertrain Market Share, By Vehicle Type, In USD Billion, 2016-2030F
- Figure 105. Brazil EV Powertrain Market Share, By Vehicle Drive Type, In USD Billion, 2016-2030F
- Figure 106. Brazil EV Powertrain Market Share, By Propulsion, In USD Billion, 2016-2030F
- Figure 107. Argentina EV Powertrain Market, By Value, In USD Billion, 2016-2030F
- Figure 108. Argentina EV Powertrain Market, By Volume, In Units, 2016-2030F
- Figure 109. Argentina EV Powertrain Market Share, By Component Type, In USD Billion, 2016-2030F
- Figure 110. Argentina EV Powertrain Market Share, By Vehicle Type, In USD Billion, 2016-2030F
- Figure 111. Argentina EV Powertrain Market Share, By Vehicle Drive Type, In USD Billion, 2016-2030F
- Figure 112. Argentina EV Powertrain Market Share, By Propulsion, In USD Billion, 2016-2030F
- Figure 113. Asia-Pacific EV Powertrain Market, By Value, In USD Billion, 2016-2030F
- Figure 114. Asia-Pacific EV Powertrain Market, By Volume, In Units, 2016-2030F
- Figure 115. Asia-Pacific EV Powertrain Market Share, By Component Type, In USD Billion, 2016-2030F
- Figure 116. Asia-Pacific EV Powertrain Market Share, By Vehicle Type, In USD Billion, 2016-2030F
- Figure 117. Asia-Pacific EV Powertrain Market Share, By Vehicle Drive Type, In USD Billion, 2016-2030F
- Figure 118. Asia- Pacific EV Powertrain Market Share, By Propulsion, In USD Billion, 2016-2030F
- Figure 119. Asia-Pacific EV Powertrain Market Share, By Country, In USD Billion, 2016-2030F
- Figure 120. India EV Powertrain Market, By Value, In USD Billion, 2016-2030F
- Figure 121. India EV Powertrain Market, By Volume, In Units, 2016-2030F
- Figure 122. India EV Powertrain Market Share, By Component Type, In USD Billion, 2016-2030F
- Figure 123. India EV Powertrain Market Share, By Vehicle Type, In USD Billion, 2016-2030F
- Figure 124. India EV Powertrain Market Share, By Vehicle Drive Type, In USD Billion, 2016-2030F
- Figure 125. India EV Powertrain Market Share, By Propulsion, In USD Billion, 2016-2030F
- Figure 126. China EV Powertrain Market, By Value, In USD Billion, 2016-2030F
- Figure 127. China EV Powertrain Market, By Volume, In Units, 2016-2030F
- Figure 128. China EV Powertrain Market Share, By Component Type, In USD Billion, 2016-2030F
- Figure 129. China EV Powertrain Market Share, By Vehicle Type, In USD Billion, 2016-2030F
- Figure 130. China EV Powertrain Market Share, By Vehicle Drive Type, In USD Billion, 2016-2030F
- Figure 131. China EV Powertrain Market Share, By Propulsion, In USD Billion, 2016-2030F
- Figure 132. Japan EV Powertrain Market, By Value, In USD Billion, 2016-2030F
- Figure 133. Japan EV Powertrain Market, By Volume, In Units, 2016-2030F
- Figure 134. Japan EV Powertrain Market Share, By Component Type, In USD Billion, 2016-2030F
- Figure 135. Japan EV Powertrain Market Share, By Vehicle Type, In USD Billion, 2016-2030F
- Figure 136. Japan EV Powertrain Market Share, By Vehicle Drive Type, In USD Billion, 2016-2030F
- Figure 137. Japan EV Powertrain Market Share, By Propulsion, In USD Billion, 2016-2030F
- Figure 138. Australia EV Powertrain Market, By Value, In USD Billion, 2016-2030F
- Figure 139. Australia EV Powertrain Market, By Volume, In Units, 2016-2030F
- Figure 140. Australia EV Powertrain Market Share, By Component Type, In USD Billion, 2016-2030F
- Figure 141. Australia EV Powertrain Market Share, By Vehicle Type, In USD Billion, 2016-2030F
- Figure 142. Australia EV Powertrain Market Share, By Vehicle Drive Type, In USD Billion, 2016-2030F
- Figure 143. Australia EV Powertrain Market Share, By Propulsion, In USD Billion, 2016-2030F
- Figure 144. Vietnam EV Powertrain Market, By Value, In USD Billion, 2016-2030F
- Figure 145. Vietnam EV Powertrain Market, By Volume, In Units, 2016-2030F
- Figure 146. Vietnam EV Powertrain Market Share, By Component Type, In USD Billion, 2016-2030F
- Figure 147. Vietnam EV Powertrain Market Share, By Vehicle Type, In USD Billion, 2016-2030F
- Figure 148. Vietnam EV Powertrain Market Share, By Vehicle Drive Type, In USD Billion, 2016-2030F
- Figure 149. Vietnam EV Powertrain Market Share, By Propulsion, In USD Billion, 2016-2030F
- Figure 150. South Korea EV Powertrain Market, By Value, In USD Billion, 2016-2030F
- Figure 151. South Korea EV Powertrain Market, By Volume, In Units, 2016-2030F
- Figure 152. South Korea EV Powertrain Market Share, By Component Type, In USD Billion, 2016-2030F
- Figure 153. South Korea EV Powertrain Market Share, By Vehicle Type, In USD Billion, 2016-2030F
- Figure 154. South Korea EV Powertrain Market Share, By Vehicle Drive Type, In USD Billion, 2016-2030F
- Figure 155. South Korea EV Powertrain Market Share, By Propulsion, In USD Billion, 2016-2030F
- Figure 156. Indonesia EV Powertrain Market, By Value, In USD Billion, 2016-2030F
- Figure 157. Indonesia EV Powertrain Market, By Volume, In Units, 2016-2030F
- Figure 158. Indonesia EV Powertrain Market Share, By Component Type, In USD Billion, 2016-2030F
- Figure 159. Indonesia EV Powertrain Market Share, By Vehicle Type, In USD Billion, 2016-2030F
- Figure 160. Indonesia EV Powertrain Market Share, By Vehicle Drive Type, In USD Billion, 2016-2030F
- Figure 161. Indonesia EV Powertrain Market Share, By Propulsion, In USD Billion, 2016-2030F
- Figure 162. Philippines EV Powertrain Market, By Value, In USD Billion, 2016-2030F
- Figure 163. Philippines EV Powertrain Market, By Volume, In Units, 2016-2030F
- Figure 164. Philippines EV Powertrain Market Share, By Component Type, In USD Billion, 2016-2030F
- Figure 165. Philippines EV Powertrain Market Share, By Vehicle Type, In USD Billion, 2016-2030F
- Figure 166. Philippines EV Powertrain Market Share, By Vehicle Drive Type, In USD Billion, 2016-2030F
- Figure 167. Philippines EV Powertrain Market Share, By Propulsion, In USD Billion, 2016-2030F
- Figure 168. Middle East & Africa EV Powertrain Market, By Value, In USD Billion, 2016-2030F
- Figure 169. Middle East & Africa EV Powertrain Market, By Volume, In Units, 2016-2030F
- Figure 170. Middle East & Africa EV Powertrain Market Share, By Component Type, In USD Billion, 2016-2030F
- Figure 171. Middle East & Africa EV Powertrain Market Share, By Vehicle Type, In USD Billion, 2016-2030F
- Figure 172. Middle East & Africa EV Powertrain Market Share, By Vehicle Drive Type, In USD Billion, 2016-2030F
- Figure 173. Middle East & Africa EV Powertrain Market Share, By Propulsion, In USD Billion, 2016-2030F
- Figure 174. Middle East & Africa EV Powertrain Market Share, By Country, In USD Billion, 2016-2030F
- Figure 175. Saudi Arabia EV Powertrain Market, By Value, In USD Billion, 2016-2030F
- Figure 176. Saudi Arabia EV Powertrain Market, By Volume, In Units, 2016-2030F
- Figure 177. Saudi Arabia EV Powertrain Market Share, By Component Type, In USD Billion, 2016-2030F
- Figure 178. Saudi Arabia EV Powertrain Market Share, By Vehicle Type, In USD Billion, 2016-2030F
- Figure 179. Saudi Arabia EV Powertrain Market Share, By Vehicle Drive Type, In USD Billion, 2016-2030F
- Figure 180. Saudi Arabia EV Powertrain Market Share, By Propulsion, In USD Billion, 2016-2030F
- Figure 181. UAE EV Powertrain Market, By Value, In USD Billion, 2016-2030F
- Figure 182. UAE EV Powertrain Market, By Volume, In Units, 2016-2030F
- Figure 183. UAE EV Powertrain Market Share, By Component Type, In USD Billion, 2016-2030F
- Figure 184. UAE EV Powertrain Market Share, By Vehicle Type, In USD Billion, 2016-2030F
- Figure 185. UAE EV Powertrain Market Share, By Vehicle Drive Type, In USD Billion, 2016-2030F
- Figure 186. UAE EV Powertrain Market Share, By Propulsion, In USD Billion, 2016-2030F
- Figure 187. South Africa EV Powertrain Market, By Value, In USD Billion, 2016-2030F
- Figure 188. South Africa EV Powertrain Market, By Volume, In Units, 2016-2030F
- Figure 189. South Africa EV Powertrain Market Share, By Component Type, In USD Billion, 2016-2030F
- Figure 190. South Africa EV Powertrain Market Share, By Vehicle Type, In USD Billion, 2016-2030F
- Figure 191. South Africa EV Powertrain Market Share, By Vehicle Drive Type, In USD Billion, 2016-2030F
- Figure 192. South Africa EV Powertrain Market Share, By Propulsion, In USD Billion, 2016-2030F
- Figure 193. By Component Type Map-Market Size (USD Billion) & Growth Rate (%), 2022
- Figure 194. By Vehicle Type Map-Market Size (USD Billion) & Growth Rate (%), 2022
- Figure 195. By Vehicle Drive Type Map-Market Size (USD Billion) & Growth Rate (%), 2022
- Figure 196. By Propulsion Map-Market Size (USD Billion) & Growth Rate (%), 2022
- Figure 197. By Region Map-Market Size (USD Billion) & Growth Rate (%), 2022
