Asia Pacific accounted for the largest market share of 34.60% in 2016 and is projected to grow at a CAGR of 13.97% during the forecast period. U.S. is expected to dominate the market in North America. U.S. accounted for the largest market share of 71.60% in 2016 due to the growing demand for hybrid electric vehicles. The factors that are responsible for the growth of the electric axle drive system market are growing demand for electric vehicles, expansion of global automotive manufacturers into emerging markets, and emerging demand from Asia Pacific region. Asia Pacific is the fastest growing region for the electric axle drive system due to the high demand from countries such as China, India, Korea, Malaysia, and Vietnam. Asia Pacific region had a combined population of over 4.5 billion and GDP of more than USD 22 trillion in 2016. Asia Pacific is driving the electric axle drive system market contributing more than 40% of the global demand. In Asia Pacific, China has held the market of largest sales of electric vehicles in 2016, which indicates the demand for electric axle drive system is expected to increase in upcoming years. High prices of raw materials cause the automotive manufacturers to increase the price of the system. This will hinder the growth of the market during the forecast period.
Key Players
The key players in market include Robert Bosch GmbH (Germany), American Axle & Manufacturing Holdings, Inc.(U.S.), ZF Friedrichshafen AG (Germany), GKN Plc (U.K.), Magna International Inc. (Canada), Schaeffler Technologies AG & Co. KG (Germany), Continental AG (Germany), Bonfiglioli Riduttori S.P.A. (Italy), Borgwarner Inc. (U.S.) and Ziehl Abegg SE (Germany).
Key Findings
• The global electric axle drive systems market is expected to reach USD 8,226.3 million by 2023.
• Regionally, Asia Pacific accounted for the largest market share of 34.60% in 2016, with a market value of USD 1,271.6 million.
• In North America, U.S. accounted for the largest market share of 71.60% in 2016, with a market value of USD 876.2 million and is projected to grow at the highest CAGR of 11.10% during the forecast period.
• On the basis of system type, Hybrid Electric Systems accounted for the largest market share of 56.10% in 2016.
• On basis of vehicle type, Passenger Cars accounted for the largest market share of 64.60% in 2016.
Geographic Analysis
The report covers brief analysis of geographical region includes:
North America
• U.S.
• Canada
Europe
• Germany
• U.K.
• France
• Italy
• Rest of Europe
Asia Pacific
• China
• India
• Japan
• Rest of Asia Pacific
RoW
• Middle East & Africa
• Latin America

Study Objectives of Electric Axle Drive Systems Market
• To provide detailed analysis of the market structure along with forecast for the next five to ten years of the various segments and sub-segments included in global electric axle drive systems market with analysis of its development and demand in the market
• To identify high growth regions and countries
• To study regional and country-specific demand and forecast for global electric axle drive systems market
• To cover the key segments of system type, vehicle type, and region
• To finalize unit breakdown for all different classifications required for forecasting, considering various factors
• To identify forecast demand for all probable segments for all the regions, and to collect the historical figure, data through primary and annual reports to derive the regional and country level market size
• To identify historical trends to forecast and estimate the future value data
Intended Audience
• Manufacturers and distributors of electric axle drive systems market
• Suppliers and traders of electric axle drive systems market
• Government associations and industrial bodies.
• Investors and Trade experts
• Consulting in automotive experts

DC description
Electric axle drive system
Dexter axle
Trailer axles
Boat trailer axles
Trailer axles
Torsion axle
Utility trailer axles
Axle straps
Dexter trailer axles
Electric axle

Table of Contents :

1 Executive Summary
2 Introduction
2.1 Definition
2.2 Scope of the Study
2.3 Assumptions
2.4 Market Structure
3 Research Methodology
3.1 Research Process
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
3.5 Forecast Model
4 Market Dynamics
4.1 Introduction
4.2 Market Drivers
4.2.1 Growing Demand for Electric Vehicles
4.2.2 Expansion Of Global Auto-Manufacturers Into New Emerging Markets
4.2.3 Emerging Demand from APAC Region Will Accelerate The Market Growth
4.3 Market Restraints
4.3.1 High Prices of Raw Materials Put Pressure on Manufacturers to Increase the Price
4.3.2 Underdeveloped Aftermarket Services
4.4 Opportunities
4.4.1 Advanced Automotive Technology Coupled With Rising Preference For Safety And Comfort Drive Tend To Create Lucrative Opportunities
4.4.2 Electromobility.
5 Market Factor Analysis
5.1 Five Forces Analysis
5.1.1 Threat from New Entrants
5.1.2 Bargaining Power of Supplier
5.1.3 Bargaining Power of Buyers
5.1.4 Threat from Substitutes
5.1.5 Threat of Rivalry
5.2 Value Chain Analysis
5.2.1 Raw Material Supply
5.2.2 Manufacturers
5.2.3 Distribution
5.2.4 End-use
6 Global Electric Axle Drive Systems Market, By System Type
6.1 Introduction
6.1.1 Hybrid Electric Systems
6.1.2 Electric Systems
7 Global Electric Axle Drive Systems Market, By Vehicle Type
7.1 Introduction
7.1.1 Passenger Cars
7.1.2 Light Commercial Vehicles
7.1.3 Heavy Commercial Vehicles
8 Global Electric Axle Drive Systems Market, By Region
8.1 Introduction
8.2 North America
8.2.1 U.S.
8.2.2 Canada
8.3 Europe
8.3.1 Germany
8.3.2 U.K.
8.3.3 France
8.3.4 Italy
8.3.5 Rest of Europe
8.4 Asia Pacific
8.4.1 China
8.4.2 Japan
8.4.3 India
8.4.4 Rest of Asia Pacific
8.5 Rest of the World
8.5.1 Middle East & Africa
8.5.2 Latin America
9 Competitive Landscape
9.1 Launch
9.2 Acquisition
10 Company Profile
10.1 Robert Bosch GmbH
10.1.1 Company Overview
10.1.2 Products/Services Offering
10.1.3 Financial Overview
10.1.4 Key Developments
10.1.5 Key Strategy
10.1.6 SWOT Analysis
10.2 American Axle & Manufacturing Holdings, Inc. (AAM)
10.2.1 Company Overview
10.2.2 Products/Services Offering
10.2.3 Financial Overview
10.2.4 Key Developments
10.2.5 Key Strategy
10.2.6 SWOT Analysis
10.3 ZF Friedrichshafen AG
10.3.1 Company Overview
10.3.2 Products/Services Offering
10.3.3 Financial Overview
10.3.4 Key Developments
10.3.5 SWOT Analysis
10.4 GKN Plc
10.4.1 Company Overview
10.4.2 Products/Services Offering
10.4.3 Financial Overview
10.4.4 Key Developments
10.4.5 Strategy
10.4.6 SWOT
10.5 Magna International Inc.
10.5.1 Company Profile
10.5.2 Financial Overview
10.5.3 Strategy
10.5.4 Key Developments
10.5.5 SWOT Analysis
10.6 Schaeffler Technologies AG & Co. KG
10.6.1 Company Overview
10.6.2 Financial Overview
10.6.3 PRODUCT/SERVICE OFFERING
10.6.4 Strategy
10.6.5 Key Developments
10.7 Continental AG
10.7.1 Company Overview
10.7.2 Financial Overview
10.7.3 Product/Service Offering
10.7.4 Strategy
10.7.5 Key Developments
10.8 Borgwarner Inc.
10.8.1 Company Overview
10.8.2 Financial Overview
10.8.3 Product/Service Offering
10.8.4 Strategy
10.8.5 Key Developments
10.9 Bonfiglioli Riduttori S.P.A.
10.9.1 Company Overview
10.9.2 Financial Overview
10.9.3 Product/Service Offering
10.9.4 Strategy
10.1 Ziehl-Abegg SE
10.10.1 Company Overview
10.10.2 Financial Overview
10.10.3 Product/Service Offering
10.10.4 Strategy

The post Global Electric Axle Drive Systems Market Research Report – Forecast to 2022 first appeared on CRI Report.