Increasingly Strict Government Regulations to Reduce Pollution to Drive the Growth of the Electric and Hybrid Vehicle Driveline Market

An internal combustion engine and one or more electric motors, which utilize the energy stored in batteries, work together to power hybrid electric vehicles.

The Global Electric & Hybrid Vehicle Driveline Market size was valued at USD 25.96 Bn in 2021 and is anticipated to reach USD 67.43 Bn by 2030 with a CAGR of 12.6% throughout the projection period. Government-imposed strict emission regulations compel OEMs to use hybrid and electric vehicle technologies, which has a favorable effect on the market's growth. Additionally, it is anticipated that in the upcoming years, the driveline market for electric & hybrid vehicles would be driven by rising demand for higher fuel efficiency and rising sales of electric & hybrid vehicles.

𝐆𝐞𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 𝐂𝐨𝐩𝐲 𝐨𝐟 𝐑𝐞𝐩𝐨𝐫𝐭@ https://www.extrapolate.com/sample/automotive/electric-and-hybrid-vehicle-driveline-market/29323

Power is transferred from the engine or motor to the wheels by a vehicle's driveline. A hybrid car has multiple power sources, including an internal combustion engine (ICE) and an electric motor that is supplied by batteries. Regenerative braking and internal combustion engines are used to charge the batteries in vehicles. An externally charged battery powers the electric motor, which in the case of an electric vehicle powers the wheel.

𝐑𝐚𝐩𝐢𝐝 𝐀𝐝𝐨𝐩𝐭𝐢𝐨𝐧 𝐨𝐟 𝐄-𝐂𝐕𝐓 𝐢𝐧 𝐭𝐡𝐞 𝐀𝐬𝐢𝐚𝐧 𝐌𝐚𝐫𝐤𝐞𝐭 𝐭𝐨 𝐁𝐨𝐨𝐬𝐭 𝐒𝐞𝐠𝐦𝐞𝐧𝐭 𝐆𝐫𝐨𝐰𝐭𝐡

Based on the transmission, the global electric & hybrid vehicle driveline market is segmented into Automatic Transmission (AT), Dual Clutch Transmission (DCT), and Electronic Continuously Variable Transmission (E-CVT). Electronic Continuously Variable Transmission (E-CVT) segment has dominated the market share in 2021 and is expected to continue its dominance in the market owing to several factors including rapid adoption of E-CVT in the Asian market.

On the other hand, the DCT segment is predicted to be the fastest growing segment throughout the projection period owing to its growing acceptance in luxury and sports automobiles. Europe is the main market for DCT.

𝐁𝐫𝐨𝐰𝐬𝐞 𝐌𝐨𝐫𝐞 𝐃𝐞𝐭𝐚𝐢𝐥𝐬 𝐖𝐢𝐭𝐡 𝐓𝐎𝐂@ https://www.extrapolate.com/automotive/electric-and-hybrid-vehicle-driveline-market/29323

𝐈𝐧𝐜𝐫𝐞𝐚𝐬𝐢𝐧𝐠𝐥𝐲 𝐒𝐭𝐫𝐢𝐜𝐭 𝐆𝐨𝐯𝐞𝐫𝐧𝐦𝐞𝐧𝐭 𝐑𝐞𝐠𝐮𝐥𝐚𝐭𝐢𝐨𝐧𝐬 𝐭𝐨 𝐑𝐞𝐝𝐮𝐜𝐞 𝐏𝐨𝐥𝐥𝐮𝐭𝐢𝐨𝐧 𝐰𝐢𝐥𝐥 𝐃𝐫𝐢𝐯𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 𝐆𝐫𝐨𝐰𝐭𝐡

OEMs are being forced to adopt hybrid and electric car technology by governments' strict environmental regulations, which is positively affecting the growth of the electric and hybrid vehicle driveline market. Additionally, it is projected that in the coming years, sales of electric and hybrid vehicle drivelines would increase due to increased consumer demand for vehicles with greater fuel efficiency as well as rising sales of electric and hybrid vehicles. For instance, the UK government plans to introduce approximately 4000 zero-emission buses across the nation by March 2022 in an effort to reduce pollution.

Furthermore, the main factors influencing the development of the electric and hybrid vehicle driveline include technological advancements in the fields of regenerative braking, automatic start-stop, the E-Axle, and the E-CVT.

𝐋𝐈𝐒𝐓 𝐎𝐅 𝐊𝐄𝐘 𝐂𝐎𝐌𝐏𝐀𝐍𝐈𝐄𝐒 𝐏𝐑𝐎𝐅𝐈𝐋𝐄𝐃:
-Robert Bosch GmbH
-GKN Automotive
-Schaeffler Technologies AG & Co. KG
-BorgWarner Inc.
-Nexteer Automotive Corporation
-ZF Friedrichshafen AG
-Continental AG
-Delphi Technologies
-DENSO Corporation
-Valeo Inc.

𝐈𝐧𝐜𝐫𝐞𝐚𝐬𝐢𝐧𝐠 𝐑&𝐃 𝐀𝐜𝐭𝐢𝐯𝐢𝐭𝐢𝐞𝐬 𝐛𝐲 𝐊𝐞𝐲 𝐌𝐚𝐫𝐤𝐞𝐭 𝐏𝐥𝐚𝐲𝐞𝐫𝐬 𝐭𝐨 𝐆𝐚𝐢𝐧 𝐓𝐫𝐚𝐜𝐭𝐢𝐨𝐧

The global electric & hybrid vehicle driveline market is fragmented with the presence of a number of businesses. Prominent industry players have been focused on implementing numerous business strategies including partnerships, collaborations, technological advancements, mergers and acquisitions, and product innovations in order to maintain their standing in the global market.

𝐄𝐧𝐪𝐮𝐢𝐫𝐞 𝐀𝐛𝐨𝐮𝐭 𝐑𝐞𝐩𝐨𝐫𝐭@ https://www.extrapolate.com/enquire/automotive/electric-and-hybrid-vehicle-driveline-market/29323

𝐊𝐞𝐲 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲 𝐃𝐞𝐯𝐞𝐥𝐨𝐩𝐦𝐞𝐧𝐭𝐬 -

-August 2022- The sale of more than 2 million units of eDrive technology by GKN Automotive to various electric car manufacturers is a significant milestone.

-December 2021- In order to build a pipeline for automotive electrification innovation and increase the UK's capacity for expertise to support the development of future electric car eDrive technologies, GKN Automotive collaborates with the University of Nottingham and the Newcastle University Advanced Research Centre.

𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧 𝐁𝐲

𝐀𝐫𝐜𝐡𝐢𝐭𝐞𝐜𝐭𝐮𝐫𝐞:
-Series
-Parallel
-Power split

𝐓𝐫𝐚𝐧𝐬𝐦𝐢𝐬𝐬𝐢𝐨𝐧:
-Automatic transmission
-Dual Clutch transmission
-Electronic Continuously Variable Transmission (E-CVT)

𝑽𝒆𝒉𝒊𝒄𝒍𝒆 𝑻𝒚𝒑𝒆:
-Hybrid Vehicles
-Plug-in Hybrid Vehicles
-Battery Electric Vehicles

𝐄𝐮𝐫𝐨𝐩𝐞 𝐭𝐨 𝐃𝐨𝐦𝐢𝐧𝐚𝐭𝐞 𝐭𝐡𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐡𝐚𝐫𝐞 𝐃𝐮𝐞 𝐭𝐨 𝐆𝐨𝐯𝐞𝐫𝐧𝐦𝐞𝐧𝐭 𝐈𝐧𝐢𝐭𝐢𝐚𝐭𝐢𝐯𝐞𝐬 𝐭𝐨 𝐋𝐢𝐦𝐢𝐭 𝐏𝐨𝐥𝐥𝐮𝐭𝐢𝐨𝐧 𝐋𝐞𝐯𝐞𝐥𝐬

Europe has dominated the electric & hybrid vehicle driveline market share in 2021 and is anticipated to continue its influence on the market share throughout the projection period due to increasing governmental and organizational enforcement of laws to limit pollution levels and encourage the use of zero-emission vehicles.

As a result, this has forced manufacturers to increase investment in research and development for electric vehicles, enabling them to sell electric automobiles in the future. Numerous initiative programs have been implemented by governments across the globe to encourage people to choose electric vehicles over conventional ones.

𝐓𝐀𝐁𝐋𝐄 𝐎𝐅 𝐂𝐎𝐍𝐓𝐄𝐍𝐓𝐒:
Chapter 1. Executive Summary
Chapter 2. Research Methodology
Chapter 3. Market Outlook
Chapter 4. COVID-19 Impact On Electric & Hybrid Vehicle Driveline Market
Chapter 5. Global Electric & Hybrid Vehicle Driveline Market Overview, By Architecture, 2017 - 2030 (USD Million)
Chapter 6. Global Electric & Hybrid Vehicle Driveline Market Overview, By Transmission, 2017 - 2030 (USD Million)
Chapter 7. Global Electric & Hybrid Vehicle Driveline Market Overview, By Motor Output, 2017 - 2030 (USD Million)
Chapter 8. Global Electric & Hybrid Vehicle Driveline Market Overview, By Vehicle Type, 2017 - 2030 (USD Million)
Chapter 9. Global Electric & Hybrid Vehicle Driveline Market Overview, By Drive Type, 2017 - 2030 (USD Million)
Chapter 10. Global Electric & Hybrid Vehicle Driveline Market Overview, By Geography, 2017 - 2030 (USD Million)
...Continued

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