스마트 일렉트릭 드라이브 시장 : 드라이브별, 컴포넌트별, 용도별, 차종별, 지역별 - 산업 분석, 시장 규모, 시장 점유율, 예측(2024-2032년)

REPORT HIGHLIGHT

The market for Smart Electric Drive was projected to reach USD 1,955.2 million in 2023 and expand at a CAGR of 38.20% between 2024 - 2032.

The smart electric drive industry includes companies that provide cutting-edge electric drive technology to enhance the effectiveness, efficiency, and safety of electric vehicles. This comprises electric motors, power electronics, and software that improve power delivery and communicate with automotive systems. The goal of smart electric drive systems is to improve acceleration and maneuverability as well as vehicle range by recovering energy and lowering power losses during driving. These advancements bring down the price of electric cars and make them more feasible for regular use.

Smart Electric Drive Market- Market Dynamics

Increase in the Demand for Electric Vehicles

The need for smart electric drive systems is rising dramatically as more people choose electric vehicles (EVs). The shift to electric vehicles is quickening as environmental sustainability becomes a higher priority for both customers and governments. Since they emit no emissions from their exhaust, electric vehicles are a vital part of the global effort to fight climate change and lower air pollution. For instance, the International Energy Agency (IEA) estimates that in 2023, China accounted for about 60% of new electric car registrations, followed by Europe with 25%, and the United States with 10%. Together, these three countries accounted for nearly 95% of global sales. A total of 14 million registrations were made worldwide, bringing the global fleet to 40 million, with China recording 8.1 million, Europe almost 3.2 million, and the United States 1.4 million. In order to improve vehicle performance, efficiency, and safety, this shift calls for sophisticated smart electric drive systems. Utilizing power electronics, battery management systems, and electric motors together, smart electric drives maximize power efficiency and increase vehicle range. Regenerative braking, which recovers energy while deceleration, is one of the functions they further enable. In addition, the development of smart electric drive technology is bringing EVs closer to the performance, affordability, and convenience levels of conventional internal combustion engine vehicles. This is encouraging more people to make the move to electric mobility and growing the market.

Smart Electric Drive Market- Key Insights

According to our research analyst's analysis, the global market is projected to expand at a CAGR of approximately 38.20% during the forecast period of 2024-2032.

The all-wheel drive (AWD) category was predicted to hold the biggest market share in 2023 based on drive.

The wheel drive charging category was predicted to hold the highest market share in 2023 based on application.

In 2023, the passenger cars category emerged as the top segment based on vehicle type.

North America held the largest revenue share by region in 2023.

Smart Electric Drive Market- Segmentation Analysis:

The Global Smart Electric Drive Market is segmented into Drive, Component, Application, Vehicle Type, and Region.

The market is divided into three categories based on drive: Front-wheel Drive (FWD), Rear Wheel-drive (RWD), and All-wheel Drive (AWD). In 2023, the all-wheel drive (AWD) category is anticipated to have the largest market share. Demand for AWD systems is rising sharply due to consumer preference for cars that provide better traction, stability, and performance in a variety of driving scenarios, including off-roading and bad weather. This development is mostly driven by the rising popularity of SUVs and crossovers, which frequently have AWD as an option or standard feature. Furthermore, improvements in AWD technology are driving segmental expansion by improving vehicle efficiency and performance, such as the use of electric all-wheel-drive systems in electric and hybrid vehicles. As consumer demand for safety and versatility rises, automakers are progressively integrating AWD systems. There are more and more AWD car models on the market, which is indicative of this trend. In addition, the market for AWD vehicles is anticipated to rise because of rising disposable incomes and an increasing preference for premium automobiles in emerging nations.

Based on component, the market is segmented into Battery, E-Break Booster, Power Electronics, and Motor. In 2023, the smart electric drive market share held by the battery category was the highest. Great-performance batteries, which are essential parts of electric vehicles (EVs), are in great demand due to the quick rise in EV usage. The demand for effective, durable, and reasonably priced batteries has increased as more people and companies switch to electric vehicles. The development of solid-state and lithium-ion batteries, among other advancements in battery technology, has significantly improved the energy density, longevity, and charging speed of EVs, increasing their appeal to a wider range of consumers. Furthermore, substantial investments in battery research and manufacturing capacity made by big technology and automotive businesses have sped up innovation and production scale, encouraging segmental growth.

Smart Electric Drive Market- Geographical Insights

The Smart Electric Drive market is widely distributed geographically in North America, Latin America, Europe, Asia Pacific, the Middle East and Africa. These areas are further separated based on the countries that provide business.

North America held the highest share of the smart electric drive market in 2023. The region's thriving automotive sector and notable developments in electric vehicle (EV) technology are greatly bolstering the growth of the market for smart electric drives. The market is rising sharply as a result of the growing popularity of EVs, which is being fueled by favorable government regulations, financial incentives, and an expanding infrastructure of charging stations. For instance, VinFast is building manufacturing facilities to take advantage of US Inflation Reduction Act (IRA) subsidies, and in 2023, it will start selling electric SUVs in North America. VinFast hopes to reach a yearly production capacity of 1.5 million automobiles in the US by 2025 with an investment of about USD 2 billion. In addition, the need for electric drives is also rising as a result of the existence of significant businesses that are at the forefront of technological innovation in smart electric drive systems.

The Asia Pacific region held the second-largest share of the market. The need for smart electric drive systems has significantly expanded as a result of the region's rapid adoption of electric cars (EVs) due to strict government rules and attractive incentives for EV adoption. China, the world's biggest EV market, has become a significant player due to substantial government support, enormous infrastructural investments made in EVs, and a growing middle class that is willing to adopt new technology. To improve the effectiveness and performance of their products, the corporations are concentrating on collaborations between OEMs and regional players. For instance, BorgWarner began producing eMotor rotors and stators for XPeng Motors, a well-known Chinese smart EV manufacturer, in February 2024. With manufacturing set to begin in the third quarter of 2024, the HVH 220 eMotor-known for its high power, torque density, and efficiency at a competitive cost-is anticipated to be used in the X9 MPV and XPeng's future electric B-class car. The objective of this collaboration is to support the resilience and growth of China's electric car market. Additionally, the region's concentration of top EV producers and IT firms has sparked innovation and the creation of cutting-edge smart electric drive systems.

Smart Electric Drive Market- Competitive Landscape:

The analysis of the global smart electric drive market will offer significant perspectives, particularly on the industry's fragmentation. Leading companies such as LG Electronics, Magna International, Aisin Corporation, Allison Transmission, ABB, and others are concentrating on many crucial business approaches, including collaborations, mergers and acquisitions, new product developments, and joint ventures, in order to broaden their range of products and boost their market shares in various areas. To improve their position in the market, manufacturers are implementing a variety of strategic initiatives, such as supply chain optimization, new plant construction, and expenditures in R&D.

Recent Developments:

June 2024: At iVT Expo Cologne 2024, a prestigious international trade fair for industrial technology and automotive components, Schaeffler displayed its enlarged portfolio of off-highway technology products. Systems for digitalizing and electrifying mobile construction, as well as agricultural and material handling equipment, are highlighted in the expo. By leading the off-highway industry's transition to a highly efficient and climate-neutral economy, Schaeffler demonstrates its commitment to sustainability.

January 2024: With the release of their next-generation 800V eDrive system, Magna broke previous records for torque density, power-to-weight ratio, and efficiency. This drop-in solution combines cutting-edge technology to reduce weight by 75 kg and size by 20%. It also improves driving range, performance, and sustainability, giving it a higher level of flexibility than earlier models.

June 2023: In order to create semiconductor solutions for the next-generation E-Axle (X-in-1 system), which combines the EV drive motor and power electronics for electric cars (EVs), Nidec Corporation partnered with Renesas Electronics Corporation. The alliance seeks to collaboratively produce a highly dependable and high-performance proof of concept (PoC) for the X-in-1 system by utilizing Nidec's motor technology and Renesas's expertise in semiconductors.

April 2023: In an effort to improve urban mobility in India, MG Motor India unveiled the state-of-the-art electric Comet EV. With its spacious and elegant design, the Comet EV ensures easy city commuting due to its flexible GSEV platform. It is the second electric car in MG Motor India's lineup and is loaded with cutting-edge and intuitive Smart technology.

SCOPE OF THE REPORT

The scope of this report covers the Smart Electric Drive market by its major segments, which include as follows:

GLOBAL SMART ELECTRIC DRIVE MARKET KEY PLAYERS- DETAILED COMPETITIVE INSIGHTS

• LG Electronics
• Magna International
• Aisin Corporation
• Allison Transmission
• ABB
• Borgwarner
• Bosch
• GKN (Melrose)
• Meritor
• Nidec Corporation
• Hexagon AB
• Siemens AG
• Smesh E-Axle
• Hitachi
• Huayu Automotive Electric System
• Hyundai Mobis
• Jing-Jin Electric Technologies
• Denso
• Mahle
• Meidensha Corporation
• Continental Ag
• Dana
• Shanghai Automotive Smart Electric Drive
• Infineon Technologies
• Jatco
• ZF Group
• Others

GLOBAL SMART ELECTRIC DRIVE MARKET, BY DRIVE- MARKET ANALYSIS, 2019 - 2032

• Front-wheel Drive (FWD)
• Rear-wheel Drive (RWD)
• All-wheel Drive (AWD)

GLOBAL SMART ELECTRIC DRIVE MARKET, BY COMPONENT- MARKET ANALYSIS, 2019 - 2032

• Battery
• E-Break Booster
• Power Electronics
• Motor

GLOBAL SMART ELECTRIC DRIVE MARKET, BY APPLICATION- MARKET ANALYSIS, 2019 - 2032

• Wheel Drive
• E-Axle

GLOBAL SMART ELECTRIC DRIVE MARKET, BY VEHICLE TYPE- MARKET ANALYSIS, 2019 - 2032

• Passenger Cars
• Commercial Vehicles

GLOBAL SMART ELECTRIC DRIVE MARKET, BY REGION- MARKET ANALYSIS, 2019 - 2032

• North America
• The U.S.
• Canada
• Europe
• Germany
• France
• Italy
• Spain
• United Kingdom
• Russia
• Netherlands
• Sweden
• Poland
• Rest of Europe
• Asia Pacific
• India
• China
• South Korea
• Japan
• Australia
• Thailand
• Indonesia
• Philippines
• Rest of APAC
• Latin America
• Brazil
• Mexico
• Argentina
• Colombia
• Rest of LATAM
• The Middle East and Africa
• Saudi Arabia
• United Arab Emirates
• Israel
• Turkey
• Algeria
• Egypt
• Rest of MEA

Table of Contents

1. Smart Electric Drive Market Overview

• 1.1. Study Scope
• 1.2. Market Estimation Years

2. Executive Summary

• 2.1. Market Snippet
  • 2.1.1. Smart Electric Drive Market Snippet by Drive
  • 2.1.2. Smart Electric Drive Market Snippet by Component
  • 2.1.3. Smart Electric Drive Market Snippet by Application
  • 2.1.4. Smart Electric Drive Market Snippet by Vehicle Type
  • 2.1.5. Smart Electric Drive Market Snippet by Country
  • 2.1.6. Smart Electric Drive Market Snippet by Region
• 2.2. Competitive Insights

3. Smart Electric Drive Key Market Trends

• 3.1. Smart Electric Drive Market Drivers
  • 3.1.1. Impact Analysis of Market Drivers
• 3.2. Smart Electric Drive Market Restraints
  • 3.2.1. Impact Analysis of Market Restraints
• 3.3. Smart Electric Drive Market Opportunities
• 3.4. Smart Electric Drive Market Future Trends

4. Smart Electric Drive Industry Study

• 4.1. PEST Analysis
• 4.2. Porter's Five Forces Analysis
• 4.3. Growth Prospect Mapping
• 4.4. Regulatory Framework Analysis

5. Smart Electric Drive Market: COVID-19 Impact Analysis

• 5.1. Pre-COVID-19 Impact Analysis
• 5.2. Post-COVID-19 Impact Analysis
  • 5.2.1. Top Performing Segments
  • 5.2.2. Marginal Growth Segments
  • 5.2.3. Top Looser Segments
  • 5.2.4. Marginal Loss Segments

6. Smart Electric Drive Market Landscape

• 6.1. Smart Electric Drive Market Share Analysis, 2023
• 6.2. Breakdown Data, by Key Manufacturer
  • 6.2.1. Established Players' Analysis
  • 6.2.2. Emerging Players' Analysis

7. Smart Electric Drive Market - By Drive

• 7.1. Overview
  • 7.1.1. Segment Share Analysis, By Drive, 2023 & 2032 (%)
  • 7.1.2. Front-wheel Drive (FWD)
  • 7.1.3. Rear-wheel Drive (RWD)
  • 7.1.4. All-wheel Drive (AWD)

8. Smart Electric Drive Market - By Component

• 8.1. Overview
  • 8.1.1. Segment Share Analysis, By Component, 2023 & 2032 (%)
  • 8.1.2. Battery
  • 8.1.3. E-Break Booster
  • 8.1.4. Power Electronics
  • 8.1.5. Motor

9. Smart Electric Drive Market - By Application

• 9.1. Overview
  • 9.1.1. Segment Share Analysis, By Application, 2023 & 2032 (%)
  • 9.1.2. Wheel Drive
  • 9.1.3. E-Axle

10. Smart Electric Drive Market - By Vehicle Type

• 10.1. Overview
  • 10.1.1. Segment Share Analysis, By Vehicle Type, 2023 & 2032 (%)
  • 10.1.2. Passenger Cars
  • 10.1.3. Commercial Vehicles

11. Smart Electric Drive Market- By Geography

• 11.1. Introduction
  • 11.1.1. Segment Share Analysis, By Geography, 2023 & 2032 (%)
• 11.2. North America
  • 11.2.1. Overview
  • 11.2.2. Smart Electric Drive Key Manufacturers in North America
  • 11.2.3. North America Market Size and Forecast, By Country, 2019 - 2032 (US$ Million)
  • 11.2.4. North America Market Size and Forecast, By Drive, 2019 - 2032 (US$ Million)
  • 11.2.5. North America Market Size and Forecast, By Component, 2019 - 2032 (US$ Million)
  • 11.2.6. North America Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
  • 11.2.7. North America Market Size and Forecast, By Vehicle Type, 2019 - 2032 (US$ Million)
  • 11.2.8. U.S.
    • 11.2.8.1. Overview
    • 11.2.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
    • 11.2.8.3. U.S. Market Size and Forecast, By Drive, 2019 - 2032 (US$ Million)
    • 11.2.8.4. U.S. Market Size and Forecast, By Component, 2019 - 2032 (US$ Million)
    • 11.2.8.5. U.S. Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
    • 11.2.8.6. U.S. Market Size and Forecast, By Vehicle Type, 2019 - 2032 (US$ Million)
  • 11.2.9. Canada
    • 11.2.9.1. Overview
    • 11.2.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
    • 11.2.9.3. Canada Market Size and Forecast, By Drive, 2019 - 2032 (US$ Million)
    • 11.2.9.4. Canada Market Size and Forecast, By Component, 2019 - 2032 (US$ Million)
    • 11.2.9.5. Canada Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
    • 11.2.9.6. Canada Market Size and Forecast, By Vehicle Type, 2019 - 2032 (US$ Million)
• 11.3. Europe
  • 11.3.1. Overview
  • 11.3.2. Smart Electric Drive Key Manufacturers in Europe
  • 11.3.3. Europe Market Size and Forecast, By Country, 2019 - 2032 (US$ Million)
  • 11.3.4. Europe Market Size and Forecast, By Drive, 2019 - 2032 (US$ Million)
  • 11.3.5. Europe Market Size and Forecast, By Component, 2019 - 2032 (US$ Million)
  • 11.3.6. Europe Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
  • 11.3.7. Europe Market Size and Forecast, By Vehicle Type, 2019 - 2032 (US$ Million)
  • 11.3.8. Germany
    • 11.3.8.1. Overview
    • 11.3.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
    • 11.3.8.3. Germany Market Size and Forecast, By Drive, 2019 - 2032 (US$ Million)
    • 11.3.8.4. Germany Market Size and Forecast, By Component, 2019 - 2032 (US$ Million)
    • 11.3.8.5. Germany Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
    • 11.3.8.6. Germany Market Size and Forecast, By Vehicle Type, 2019 - 2032 (US$ Million)
  • 11.3.9. Italy
    • 11.3.9.1. Overview
    • 11.3.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
    • 11.3.9.3. Italy Market Size and Forecast, By Drive, 2019 - 2032 (US$ Million)
    • 11.3.9.4. Italy Market Size and Forecast, By Component, 2019 - 2032 (US$ Million)
    • 11.3.9.5. Italy Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
    • 11.3.9.6. Italy Market Size and Forecast, By Vehicle Type, 2019 - 2032 (US$ Million)
  • 11.3.10. United Kingdom
    • 11.3.10.1. Overview
    • 11.3.10.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
    • 11.3.10.3. United Kingdom Market Size and Forecast, By Drive, 2019 - 2032 (US$ Million)
    • 11.3.10.4. United Kingdom Market Size and Forecast, By Component, 2019 - 2032 (US$ Million)
    • 11.3.10.5. United Kingdom Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
    • 11.3.10.6. United Kingdom Market Size and Forecast, By Vehicle Type, 2019 - 2032 (US$ Million)
  • 11.3.11. France
    • 11.3.11.1. Overview
    • 11.3.11.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
    • 11.3.11.3. France Market Size and Forecast, By Drive, 2019 - 2032 (US$ Million)
    • 11.3.11.4. France Market Size and Forecast, By Component, 2019 - 2032 (US$ Million)
    • 11.3.11.5. France Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
    • 11.3.11.6. France Market Size and Forecast, By Vehicle Type, 2019 - 2032 (US$ Million)
  • 11.3.12. Russia
    • 11.3.12.1. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
    • 11.3.12.2. Russia Market Size and Forecast, By Drive, 2019 - 2032 (US$ Million)
    • 11.3.12.3. Russia Market Size and Forecast, By Component, 2019 - 2032 (US$ Million)
    • 11.3.12.4. Russia Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
    • 11.3.12.5. Russia Market Size and Forecast, By Vehicle Type, 2019 - 2032 (US$ Million)
  • 11.3.13. Netherlands
    • 11.3.13.1. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
    • 11.3.13.2. Netherlands Market Size and Forecast, By Drive, 2019 - 2032 (US$ Million)
    • 11.3.13.3. Netherlands Market Size and Forecast, By Component, 2019 - 2032 (US$ Million)
    • 11.3.13.4. Netherlands Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
    • 11.3.13.5. Netherlands Market Size and Forecast, By Vehicle Type, 2019 - 2032 (US$ Million)
  • 11.3.14. Sweden
    • 11.3.14.1. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
    • 11.3.14.2. Sweden Market Size and Forecast, By Drive, 2019 - 2032 (US$ Million)
    • 11.3.14.3. Sweden Market Size and Forecast, By Component, 2019 - 2032 (US$ Million)
    • 11.3.14.4. Sweden Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
    • 11.3.14.5. Sweden Market Size and Forecast, By Vehicle Type, 2019 - 2032 (US$ Million)
  • 11.3.15. Poland
    • 11.3.15.1. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
    • 11.3.15.2. Poland Market Size and Forecast, By Drive, 2019 - 2032 (US$ Million)
    • 11.3.15.3. Poland Market Size and Forecast, By Component, 2019 - 2032 (US$ Million)
    • 11.3.15.4. Poland Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
    • 11.3.15.5. Poland Market Size and Forecast, By Vehicle Type, 2019 - 2032 (US$ Million)
  • 11.3.16. Rest of Europe
    • 11.3.16.1. Overview
    • 11.3.16.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
    • 11.3.16.3. Rest of the Europe Market Size and Forecast, By Drive, 2019 - 2032 (US$ Million)
    • 11.3.16.4. Rest of the Europe Market Size and Forecast, By Component, 2019 - 2032 (US$ Million)
    • 11.3.16.5. Rest of the Europe Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
    • 11.3.16.6. Rest of the Europe Market Size and Forecast, By Vehicle Type, 2019 - 2032 (US$ Million)
• 11.4. Asia Pacific (APAC)
  • 11.4.1. Overview
  • 11.4.2. Smart Electric Drive Key Manufacturers in Asia Pacific
  • 11.4.3. Asia Pacific Market Size and Forecast, By Country, 2019 - 2032 (US$ Million)
  • 11.4.4. Asia Pacific Market Size and Forecast, By Drive, 2019 - 2032 (US$ Million)
  • 11.4.5. Asia Pacific Market Size and Forecast, By Component, 2019 - 2032 (US$ Million)
  • 11.4.6. Asia Pacific Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
  • 11.4.7. Asia Pacific Market Size and Forecast, By Vehicle Type, 2019 - 2032 (US$ Million)
  • 11.4.8. India
    • 11.4.8.1. Overview
    • 11.4.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
    • 11.4.8.3. India Market Size and Forecast, By Drive, 2019 - 2032 (US$ Million)
    • 11.4.8.4. India Market Size and Forecast, By Component, 2019 - 2032 (US$ Million)
    • 11.4.8.5. India Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
    • 11.4.8.6. India Market Size and Forecast, By Vehicle Type, 2019 - 2032 (US$ Million)
  • 11.4.9. China
    • 11.4.9.1. Overview
    • 11.4.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
    • 11.4.9.3. China Market Size and Forecast, By Drive, 2019 - 2032 (US$ Million)
    • 11.4.9.4. China Market Size and Forecast, By Component, 2019 - 2032 (US$ Million)
    • 11.4.9.5. China Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
    • 11.4.9.6. China Market Size and Forecast, By Vehicle Type, 2019 - 2032 (US$ Million)
  • 11.4.10. Japan
    • 11.4.10.1. Overview
    • 11.4.10.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
    • 11.4.10.3. Japan Market Size and Forecast, By Drive, 2019 - 2032 (US$ Million)
    • 11.4.10.4. Japan Market Size and Forecast, By Component, 2019 - 2032 (US$ Million)
    • 11.4.10.5. Japan Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
    • 11.4.10.6. Japan Market Size and Forecast, By Vehicle Type, 2019 - 2032 (US$ Million)
  • 11.4.11. South Korea
    • 11.4.11.1. Overview
    • 11.4.11.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
    • 11.4.11.3. South Korea Market Size and Forecast, By Drive, 2019 - 2032 (US$ Million)
    • 11.4.11.4. South Korea Market Size and Forecast, By Component, 2019 - 2032 (US$ Million)
    • 11.4.11.5. South Korea Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
    • 11.4.11.6. South Korea Market Size and Forecast, By Vehicle Type, 2019 - 2032 (US$ Million)
  • 11.4.12. Australia
    • 11.4.12.1. Overview
    • 11.4.12.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
    • 11.4.12.3. Australia Market Size and Forecast, By Drive, 2019 - 2032 (US$ Million)
    • 11.4.12.4. Australia Market Size and Forecast, By Component, 2019 - 2032 (US$ Million)
    • 11.4.12.5. Australia Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
    • 11.4.12.6. Australia Market Size and Forecast, By Vehicle Type, 2019 - 2032 (US$ Million)
  • 11.4.13. Thailand
    • 11.4.13.1. Overview
    • 11.4.13.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
    • 11.4.13.3. Thailand Market Size and Forecast, By Drive, 2019 - 2032 (US$ Million)
    • 11.4.13.4. Thailand Market Size and Forecast, By Component, 2019 - 2032 (US$ Million)
    • 11.4.13.5. Thailand Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
    • 11.4.13.6. Thailand Market Size and Forecast, By Vehicle Type, 2019 - 2032 (US$ Million)
  • 11.4.14. Indonesia
    • 11.4.14.1. Overview
    • 11.4.14.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
    • 11.4.14.3. Indonesia Market Size and Forecast, By Drive, 2019 - 2032 (US$ Million)
    • 11.4.14.4. Indonesia Market Size and Forecast, By Component, 2019 - 2032 (US$ Million)
    • 11.4.14.5. Indonesia Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
    • 11.4.14.6. Indonesia Market Size and Forecast, By Vehicle Type, 2019 - 2032 (US$ Million)
  • 11.4.15. Philippines
    • 11.4.15.1. Overview
    • 11.4.15.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
    • 11.4.15.3. Philippines Market Size and Forecast, By Drive, 2019 - 2032 (US$ Million)
    • 11.4.15.4. Philippines Market Size and Forecast, By Component, 2019 - 2032 (US$ Million)
    • 11.4.15.5. Philippines Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
    • 11.4.15.6. Philippines Market Size and Forecast, By Vehicle Type, 2019 - 2032 (US$ Million)
  • 11.4.16. Rest of APAC
    • 11.4.16.1. Overview
    • 11.4.16.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
    • 11.4.16.3. Rest of APAC Market Size and Forecast, By Drive, 2019 - 2032 (US$ Million)
    • 11.4.16.4. Rest of APAC Market Size and Forecast, By Component, 2019 - 2032 (US$ Million)
    • 11.4.16.5. Rest of APAC Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
    • 11.4.16.6. Rest of APAC Market Size and Forecast, By Vehicle Type, 2019 - 2032 (US$ Million)
• 11.5. Latin America
  • 11.5.1. Overview
  • 11.5.2. Smart Electric Drive Key Manufacturers in Latin America
  • 11.5.3. Latin America Market Size and Forecast, By Country, 2019 - 2032 (US$ Million)
  • 11.5.4. Latin America Market Size and Forecast, By Drive, 2019 - 2032 (US$ Million)
  • 11.5.5. Latin America Market Size and Forecast, By Component, 2019 - 2032 (US$ Million)
  • 11.5.6. Latin America Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
  • 11.5.7. Latin America Market Size and Forecast, By Vehicle Type, 2019 - 2032 (US$ Million)
  • 11.5.8. Brazil
    • 11.5.8.1. Overview
    • 11.5.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
    • 11.5.8.3. Brazil Market Size and Forecast, By Drive, 2019 - 2032 (US$ Million)
    • 11.5.8.4. Brazil Market Size and Forecast, By Component, 2019 - 2032 (US$ Million)
    • 11.5.8.5. Brazil Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
    • 11.5.8.6. Brazil Market Size and Forecast, By Vehicle Type, 2019 - 2032 (US$ Million)
  • 11.5.9. Mexico
    • 11.5.9.1. Overview
    • 11.5.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
    • 11.5.9.3. Mexico Market Size and Forecast, By Drive, 2019 - 2032 (US$ Million)
    • 11.5.9.4. Mexico Market Size and Forecast, By Component, 2019 - 2032 (US$ Million)
    • 11.5.9.5. Mexico Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
    • 11.5.9.6. Mexico Market Size and Forecast, By Vehicle Type, 2019 - 2032 (US$ Million)
  • 11.5.10. Argentina
    • 11.5.10.1. Overview
    • 11.5.10.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
    • 11.5.10.3. Argentina Market Size and Forecast, By Drive, 2019 - 2032 (US$ Million)
    • 11.5.10.4. Argentina Market Size and Forecast, By Component, 2019 - 2032 (US$ Million)
    • 11.5.10.5. Argentina Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
    • 11.5.10.6. Argentina Market Size and Forecast, By Vehicle Type, 2019 - 2032 (US$ Million)
  • 11.5.11. Colombia
    • 11.5.11.1. Overview
    • 11.5.11.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
    • 11.5.11.3. Colombia Market Size and Forecast, By Drive, 2019 - 2032 (US$ Million)
    • 11.5.11.4. Colombia Market Size and Forecast, By Component, 2019 - 2032 (US$ Million)
    • 11.5.11.5. Colombia Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
    • 11.5.11.6. Colombia Market Size and Forecast, By Vehicle Type, 2019 - 2032 (US$ Million)
  • 11.5.12. Rest of LATAM
    • 11.5.12.1. Overview
    • 11.5.12.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
    • 11.5.12.3. Rest of LATAM Market Size and Forecast, By Drive, 2019 - 2032 (US$ Million)
    • 11.5.12.4. Rest of LATAM Market Size and Forecast, By Component, 2019 - 2032 (US$ Million)
    • 11.5.12.5. Rest of LATAM Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
    • 11.5.12.6. Rest of LATAM Market Size and Forecast, By Vehicle Type, 2019 - 2032 (US$ Million)
• 11.6. Middle East and Africa
  • 11.6.1. Overview
  • 11.6.2. Smart Electric Drive Key Manufacturers in Middle East and Africa
  • 11.6.3. Middle East and Africa Market Size and Forecast, By Country, 2019 - 2032 (US$ Million)
  • 11.6.4. Middle East and Africa Market Size and Forecast, By Drive, 2019 - 2032 (US$ Million)
  • 11.6.5. Middle East and Africa Market Size and Forecast, By Component, 2019 - 2032 (US$ Million)
  • 11.6.6. Middle East and Africa Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
  • 11.6.7. Middle East and Africa Market Size and Forecast, By Vehicle Type, 2019 - 2032 (US$ Million)
  • 11.6.8. Saudi Arabia
    • 11.6.8.1. Overview
    • 11.6.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
    • 11.6.8.3. Saudi Arabia Market Size and Forecast, By Drive, 2019 - 2032 (US$ Million)
    • 11.6.8.4. Saudi Arabia Market Size and Forecast, By Component, 2019 - 2032 (US$ Million)
    • 11.6.8.5. Saudi Arabia Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
    • 11.6.8.6. Saudi Arabia Market Size and Forecast, By Vehicle Type, 2019 - 2032 (US$ Million)
  • 11.6.9. United Arab Emirates
    • 11.6.9.1. Overview
    • 11.6.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
    • 11.6.9.3. United Arab Emirates Market Size and Forecast, By Drive, 2019 - 2032 (US$ Million)
    • 11.6.9.4. United Arab Emirates Market Size and Forecast, By Component, 2019 - 2032 (US$ Million)
    • 11.6.9.5. United Arab Emirates Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
    • 11.6.9.6. United Arab Emirates Market Size and Forecast, By Vehicle Type, 2019 - 2032 (US$ Million)
  • 11.6.10. Israel
    • 11.6.10.1. Overview
    • 11.6.10.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
    • 11.6.10.3. Israel Market Size and Forecast, By Drive, 2019 - 2032 (US$ Million)
    • 11.6.10.4. Israel Market Size and Forecast, By Component, 2019 - 2032 (US$ Million)
    • 11.6.10.5. Israel Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
    • 11.6.10.6. Israel Market Size and Forecast, By Vehicle Type, 2019 - 2032 (US$ Million)
  • 11.6.11. Turkey
    • 11.6.11.1. Overview
    • 11.6.11.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
    • 11.6.11.3. Turkey Market Size and Forecast, By Drive, 2019 - 2032 (US$ Million)
    • 11.6.11.4. Turkey Market Size and Forecast, By Component, 2019 - 2032 (US$ Million)
    • 11.6.11.5. Turkey Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
    • 11.6.11.6. Turkey Market Size and Forecast, By Vehicle Type, 2019 - 2032 (US$ Million)
  • 11.6.12. Algeria
    • 11.6.12.1. Overview
    • 11.6.12.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
    • 11.6.12.3. Algeria Market Size and Forecast, By Drive, 2019 - 2032 (US$ Million)
    • 11.6.12.4. Algeria Market Size and Forecast, By Component, 2019 - 2032 (US$ Million)
    • 11.6.12.5. Algeria Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
    • 11.6.12.6. Algeria Market Size and Forecast, By Vehicle Type, 2019 - 2032 (US$ Million)
  • 11.6.13. Egypt
    • 11.6.13.1. Overview
    • 11.6.13.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
    • 11.6.13.3. Egypt Market Size and Forecast, By Drive, 2019 - 2032 (US$ Million)
    • 11.6.13.4. Egypt Market Size and Forecast, By Component, 2019 - 2032 (US$ Million)
    • 11.6.13.5. Egypt Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
    • 11.6.13.6. Egypt Market Size and Forecast, By Vehicle Type, 2019 - 2032 (US$ Million)
  • 11.6.14. Rest of MEA
    • 11.6.14.1. Overview
    • 11.6.14.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
    • 11.6.14.3. Rest of MEA Market Size and Forecast, By Drive, 2019 - 2032 (US$ Million)
    • 11.6.14.4. Rest of MEA Market Size and Forecast, By Component, 2019 - 2032 (US$ Million)
    • 11.6.14.5. Rest of MEA Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
    • 11.6.14.6. Rest of MEA Market Size and Forecast, By Vehicle Type, 2019 - 2032 (US$ Million)

12. Key Vendor Analysis- Smart Electric Drive Industry

• 12.1. Competitive Dashboard
• 12.2. Company Profiles
  • 12.2.1. LG Electronics
  • 12.2.2. Magna International
  • 12.2.3. Aisin Corporation
  • 12.2.4. Allison Transmission
  • 12.2.5. ABB
  • 12.2.6. Borgwarner
  • 12.2.7. Bosch
  • 12.2.8. GKN (Melrose)
  • 12.2.9. Meritor
  • 12.2.10. Nidec Corporation
  • 12.2.11. Hexagon AB
  • 12.2.12. Siemens AG
  • 12.2.13. Smesh E-Axle
  • 12.2.14. Hitachi
  • 12.2.15. Huayu Automotive Electric System
  • 12.2.16. Hyundai Mobis
  • 12.2.17. Jing-Jin Electric Technologies
  • 12.2.18. Denso
  • 12.2.19. Mahle
  • 12.2.20. Meidensha Corporation
  • 12.2.21. Continental Ag
  • 12.2.22. Dana
  • 12.2.23. Shanghai Automotive Smart Electric Drive
  • 12.2.24. Infineon Technologies
  • 12.2.25. Jatco
  • 12.2.26. ZF Group
  • 12.2.27. Others

13. 360 Degree Analyst View

14. Appendix

• 14.1. Research Methodology
• 14.2. References
• 14.3. Abbreviations
• 14.4. Disclaimer
• 14.5. Contact Us