Automotive Bearing Market for EVs to Reach USD 12.8 Billion by 2032
Electric-vehicle propulsion and drivetrain architectures are rapidly evolving, and the automotive bearing market for EVs is emerging as a key battleground for suppliers and OEMs. According to a recent study by MarketsandMarkets, the market is valued at around USD 5.81 billion in 2025 and is projected to reach USD 12.82 billion by 2032 (CAGR ~11.97 %) for EV applications.
One of the driving forces...
Future of E-Powertrain Market Size, Share & Trends [2032]
The electric powertrain market is projected to reach 51,288 thousand units by 2032, at a CAGR of 13.8% from 2024 to 2032. The electric powertrain market is driven by growing demand for electric vehicles. The need for extended range, & faster charging is leading to technological developments in the electric powertrain industry. Companies are working towards integrating electric powertrain components...
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...
Vehicle Electrification Market – Global Industry Size, Market Share, Market Trends and Forecast to 2022
The Vehicle Electrification Market is projected to grow at a CAGR of 8.17% during the forecast period, to reach a market size of USD 92.59 billion by 2022. The implementation of stringent emission norms and fuel economy standards globally as well as increasing vehicle production are driving the vehicle electrification market. Alternatively, the high cost of electric vehicles can undermine the demand...