What is Global NEV eAxle Market?
The Global NEV eAxle Market is a rapidly evolving segment within the automotive industry, primarily driven by the increasing demand for New Energy Vehicles (NEVs).
in the Global NEV eAxle Market:
NEVs, which include electric vehicles (EVs), plug-in hybrid electric vehicles (PHEVs), and fuel cell electric vehicles (FCEVs), are gaining popularity due to their environmental benefits and the global push towards sustainable transportation.
Passenger Cars, Commercial Vehicles in the Global NEV eAxle Market:
The eAxle, a critical component of NEVs, integrates the electric motor, power electronics, and transmission into a single compact unit, offering improved efficiency and performance.
Global NEV eAxle Market Outlook:
This integration not only reduces the weight and complexity of the vehicle's drivetrain but also enhances its energy efficiency, making it an attractive option for automakers looking to optimize their electric vehicle offerings.
| Report Metric | Details |
| Report Name | NEV eAxle Market |
| Accounted market size in year | US$ 8620 million |
| Forecasted market size in 2031 | US$ 19659 million |
| CAGR | 12.9% |
| Base Year | year |
| Forecasted years | 2025 - 2031 |
| Segment by Peak Output |
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| Segment by Application |
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| Production by Region |
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| Consumption by Region |
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| By Company | BYD, Tesla, Nidec Corporation, GKN Automotive Limited, Vitesco Technologies, BorgWarner, VREMT, UAES, Inovance, Leapmotor, Meritor, JJE, Aisin, Robert Bosch, ZF Friedrichshafen |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
