A Smart Electric Drive is an advanced integrated version of the conventional electric drive system. Smart e-Drive uses the battery as a power source and provides direct transmission in the vehicle which makes driving smooth and safe on the road. The smart e-Drive includes a battery, motor generator, electric brake booster, and power booster. It provides efficient driving by saving energy. —
Europe is estimated to be the fastest growing market during the forecast period. In Europe, the growth of the smart electric drive market has been observed owing to strict government norms on emissions, a large base of tier-1 and OEMs, and rapid development of charging infrastructure. North America is estimated to be the largest market during the period of study. The market growth in North America can be attributed to state-of-the-art technology, vehicle weight reduction, and increasing demand for green vehicles, which ultimately increases the application of smart electric drive.
Global Smart Electric Drive market size will reach 3610 million US$ by 2025, from 370 million US$ in 2018, at a CAGR of 33.1% during the forecast period. In this study, 2017 has been considered as the base year and 2019-2025 as the forecast period to estimate the market size for Smart Electric Drive.
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Key companies covered in this report are Gkn, Magna, Continental, Siemens, Schaeffler, Zf, Mahle, Robert Bosch, Borgwarner, Hitachi, Hyundai Mobis, Aisin Seiki, Infineon and more. Each of this company is profiled in the terms of company basic details, production, revenue, product description, SWOT analysis, etc.
Smart Electric Drive Market is categorized on the basis of following product types:
(Each product type is covered in the terms of growth rate, production, revenue, price, forecast, etc)
• Front wheel smart electric drive
• Rear wheel smart electric drive
• All wheel smart electric drive
Smart Electric Drive Market is studied for the following applications:
(Each application is covered in the terms of market size growth rate, regional consumption analysis, market share, consumption forecast, etc.)
• Passenger Vehicles
• Commercial Vehicles
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Objectives of Global Smart Electric Drive Market report are:
• To analyze global Smart Electric Drive market status and forecast, involving production, revenue, consumption, historical and forecast data
• To analyse the key Smart Electric Drive market companies and to get details of their production, revenue, market share, SWOT analysis and recent development
• To get in depth knowledge by segmentation of data into regions, type, manufacturers and applications
• To identify the global and key regions market potential, advantage, opportunities, challenges, restraints and risks.
• To identify the factors influencing the market like trends, drivers in global and regional aspects
• To analyze each submarket with respect to their respective growth trends and contribution to the market
• To present the competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
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