Electric Powertrain Market Size, Share & Growth Report 2030
The electric powertrain market is estimated at USD 96.7 billion in 2023 and is projected to reach USD 230.5 billion by 2030, at a CAGR of 13.2%. Attractive incentives by governments for mass adoption and domestic production of electric vehicles, increasing demand for electric cars, and the decreasing cost of electric powertrains will drive the market.
The increasing electric car fleet...
Electric Powertrain Market Size, Share, Analysis, Growth 2030
The electric powertrain market size is projected to reach USD 230.5 billion by 2030 from an estimated USD 96.7 billion in 2023, at a CAGR of 13.2%, driven by developments in electric powertrain technologies. Stringent emission regulations with reduced emission limits & increased awareness among consumers about the environmental benefits of electric vehicles mainly drive the growth in the electric...
Electric Powertrain Market – Trends & Scenario (2020–2027)
The global Electric Powertrain Market size is projected to reach USD 191.4 billion by 2027 from an estimated USD 62.9 billion in 2019, at a CAGR of 14.9%, driven by developments in electric powertrain technologies. For instance, Continental presented a 48V high power drive system of 30 kW to power full hybrid vehicles. This new system comprises of an electric motor with integrated power electronics...