Summary

Electric Drive Unit Market Size
The global electric drive unit market size was valued at $24.6 billion in 2024 and is projected to reach $85.2 billion by 2030, growing at a CAGR of 23.0% during the forecast period.

Electric Drive Unit Market Overview
An electric drive unit is a key component in electric and hybrid vehicles, comprising the electric motor, power electronics, and transmission all integrated into a single system. This unit is responsible for converting electrical energy stored in the vehicle's battery into mechanical energy that drives the wheels. It functions as the vehicle's propulsion system, eliminating the need for a traditional internal combustion engine. The electric drive unit enhances efficiency by providing instant torque, smooth acceleration, and regenerative braking, which recaptures energy during deceleration. Its compact and modular design allows for greater flexibility in vehicle design and packaging, contributing to the overall performance and efficiency of electric and hybrid vehicles.

Electric Drive UnitMarket Dynamics
• The electric drive unit market is expected to witness significant growth in the future due to growing demand for electric and hybrid vehicles, stringent emission regulations and environmental concerns, and the rising technological advancements in electric drive systems.
• Additionally, increasing fuel prices and the increasing government incentives and subsidies for electric vehicles are the prominent factors driving the growth of the market.
• However, the high initial costs of electric drive units, limited battery life of electric vehicles, and inadequate charging infrastructure are restraining the market growth.
• On the contrary, the development of advanced battery technologies and expansion of charging infrastructure are creating opportunities for market growth.

By Vehicle Type, the Battery Electric Vehicle (BEV) Segment Constitutes Immense Share with Electric Drive UnitMarket
The battery electric vehicle (BEV) segment holds a significant share within the electric drive unitmarket owing to a combination of environmental, economic, and technological factors. BEVs are at the forefront of the global shift towards sustainable transportation, driven by the urgent need to reduce greenhouse gas emissions and combat climate change. Governments worldwide are implementing stringent emission regulations and offering incentives to encourage the adoption of electric vehicles. Additionally, advancements in electric drive unit technology have significantly improved the efficiency, performance, and affordability of BEVs, making them more attractive to consumers. The rising cost of fossil fuels further bolsters the appeal of BEVs, as they offer a cost-effective alternative with lower operational costs. Furthermore, the expansion of charging infrastructure and increasing consumer awareness about the benefits of electric vehicles are contributing to the heightened demand for electric drive units in the BEV segment.

By Geography, Asia Pacific is Projected to Show Strong Presence in the Electric Drive UnitMarket
The Asia Pacific is anticipated to show a robust presence during the forecast period due to the presence of major automotive manufacturers and advancements in battery technology in the region. The growing middle class with increasing disposable incomes is also driving the demand for electric vehicles as consumers become more environmentally conscious and seek cost-effective alternatives to traditional internal combustion engine vehicles. Countries like China, Japan, and South Korea are leading the charge in the adoption of electric vehicles, supported by robust government policies, subsidies, and incentives for both manufacturers and consumers. Moreover, the expansion of charging infrastructure and investments in research and development are further enhancing the viability and attractiveness of electric drive units in the Asia Pacific market.
• For instance, in June 2023, China announced a tax exemption of up to USD 4,000 per vehicle for new energy vehicles (NEVs) purchased in 2024 and 2025. This initiative aims to stimulate NEV adoption and increase demand for electric drive units.

Key Target Audience:
• Automotive Manufacturers
• Electric Vehicle (EV) Component Suppliers
• Battery Manufacturers
• Government and Regulatory Bodies
• Research and Development Institutions
• Investors and Financial Institutions
• Electric Vehicle (EV) Consumers
• Charging Infrastructure Providers
• Environmental Organizations
• Technological and Engineering Service Providers

List of the Key Players Profiled in the Report Includes:
• AVL
• BorgWarner
• Continental AG
• Dana Incorporated
• GKN Automotive
• Hitachi Automotive Systems
• Hofer Powertrain
• Magna International
• Nidec Corporation
• Robert Bosch GmbH
• Schaeffler
• ZF Friedrichshafen AG

Recent Developments:
• In June 2023, Nidec Corporation and Renesas Electronics Corporation partnered to develop state-of-the-art semiconductor solutions for the latest generation of E-Axle, which integrates electric vehicle drive motors and power electronics. This collaboration aims to enhance electric vehicle technology, focusing on improved efficiency and performance.
• In April 2023, Hofer Powertrain inaugurated a new facility in the Austrian capital to provide local and global support to clients and expedite advancements in electric drive technology. This establishment is dedicated to developing inverters, software, systems, and electric motors, customized to meet the specific needs of automotive clients and incorporating cutting-edge drive technology to enhance performance.

Market Segmentation:
The research report includes in-depth coverage of the industry analysis with size, share, and forecast for the below segments:

Market by, Product:
• Single Motor Drive Units
• Dual Motor Drive Units
• Integrated Drive Units

Market by, Coolant:
• Water Glycol
• Oil Based

Market by, Vehicle Type:
• Autonomous Vehicles
• Battery Electric Vehicle (BEV)
• Commercial Vehicles
• Hybrid Electric Vehicle (HEV)
• Performance Vehicles
• Plug-in Hybrid Electric Vehicle (PHEV)

Market by, Sales Channel:
• Original Equipment Manufacturer (OEM)
• Aftermarket

Market by, Geography:
The electric drive unit market report also analyzes the major geographic regions and countries of the market. The regions and countries covered in the study include:
• North America (The United States, Canada, Mexico), Market Estimates, Forecast & Opportunity Analysis
• Europe (Germany, France, UK, Italy, Spain, Rest of Europe), Market Estimates, Forecast & Opportunity Analysis
• Asia Pacific (China, Japan, India, South Korea, Australia, New Zealand, Rest of Asia Pacific), Market Estimates, Forecast & Opportunity Analysis
• South America (Brazil, Argentina, Chile, Rest of South America), Market Estimates, Forecast & Opportunity Analysis
• Middle East & Africa (UAE, Saudi Arabia, Qatar, Iran, South Africa, Rest of Middle East & Africa), Market Estimates, Forecast & Opportunity Analysis

Scope of the Report:
The report “Global Electric Drive Unit Market: Industry Analysis, Opportunities and Forecast up to 2030” by Diligence Insights provides a detailed analysis of the present market and future outlook with market estimates and forecasts for all specified segments, encompassing both global and regional perspectives as outlined within the research framework. The study includes historical market data for the years 2022, 2023 and offers revenue estimations for 2024, and project forecasts spanning from 2025 to 2030. It places significant emphasis on the examination of market trends, key industry participants, supply chain developments, technological advancements, pivotal milestones, and prospective strategies. Comprehensive market assessments are carried out across major geographic regions, including North America, Europe, Asia Pacific, South America, and Middle East & Africa. As such, this report constitutes a valuable resource for current industry stakeholders, newcomers to the field, and potential investors.

The study offers an in-depth market analysis, drawing insights from industry experts across the value chain. A special focus has been made on 25 countries, including the United States, Canada, Mexico, the United Kingdom, Germany, Spain, France, Italy, China, Brazil, Saudi Arabia, and South Africa, among others. The market data has been meticulously collected through extensive primary interviews and comprehensive secondary research. Market size determination is rooted in the revenue generated from sales across all the specified segments and sub-segments as defined within the research scope. The market sizing analysis includes both top-down and bottom-up approaches for data validation and accuracy measures.

The report offers insights into the following aspects:
• Analysis of major market trends, factors driving, restraining, threatening, and providing opportunities for the market.
• Analysis of the market structure by identifying various segments and sub-segments of the market.
• Understand the revenue forecast of the market for North America, Europe, Asia-Pacific, South America, and Middle East & Africa.
• Analysis of opportunities by identification of high-growth segments/revenue pockets in the market.
• Understand major player profiles in the market and analyze their business strategies.
• Understand competitive developments such as joint ventures, alliances, mergers and acquisitions, and new product launches in the market.

ページTOPに戻る

Table of Contents

1 Market Introduction
1.1 Market Definition
1.2 Research Scope and Segmentation
1.3 Stakeholders
1.4 List of Abbreviations

2 Executive Summary

3 Research Methodology
3.1 Identification of Data
3.2 Data Analysis
3.3 Verification
3.4 Data Sources
3.5 Assumptions

4 Market Dynamics
4.1 Market Drivers
4.2 Market Restraints
4.3 Market Opportunities
4.4 Market Challenges

5 Porter's Five Force Analysis
5.1 Bargaining Power of Suppliers
5.2 Bargaining Power of Buyers
5.3 Threat of New Entrants
5.4 Threat of Substitutes
5.5 Competitive Rivalry in the Market

6 Global Electric Drive Unit Market by, Product
6.1 Overview
6.2 Single Motor Drive Units
6.3 Dual Motor Drive Units
6.4 Integrated Drive Units

7 Global Electric Drive Unit Market by, Coolant
7.1 Overview
7.2 Water Glycol
7.3 Oil Based

8 Global Electric Drive Unit Market by, Vehicle Type
8.1 Overview
8.2 Autonomous Vehicles
8.3 Battery Electric Vehicle (BEV)
8.4 Commercial Vehicles
8.5 Hybrid Electric Vehicle (HEV)
8.6 Performance Vehicles
8.7 Plug-in Hybrid Electric Vehicle (PHEV)

9 Global Electric Drive Unit Market by, Sales Channel
9.1 Overview
9.2 Original Equipment Manufacturer (OEM)
9.3 Aftermarket

10 Global Electric Drive Unit Market by, Geography
10.1 Overview
10.2 North America
10.2.1 US
10.2.2 Canada
10.2.3 Mexico
10.3 Europe
10.3.1 Germany
10.3.2 France
10.3.3 UK
10.3.4 Italy
10.3.5 Spain
10.3.6 Rest of Europe
10.4 Asia Pacific
10.4.1 China
10.4.2 Japan
10.4.3 India
10.4.4 South Korea
10.4.5 Australia
10.4.6 New Zealand
10.4.7 Rest of Asia Pacific
10.5 South America
10.5.1 Brazil
10.5.2 Argentina
10.5.3 Chile
10.5.4 Rest of South America
10.6 Middle East & Africa
10.6.1 UAE
10.6.2 Saudi Arabia
10.6.3 Qatar
10.6.4 Iran
10.6.5 South Africa
10.6.6 Rest of Middle East & Africa

11 Key Developments

12 Company Profiling
12.1 AVL
12.1.1 Business Overview
12.1.2 Product/Service Offering
12.1.3 Financial Overview
12.1.4 SWOT Analysis
12.1.5 Key Activities
12.2 BorgWarner
12.3 Continental AG
12.4 Dana Incorporated
12.5 GKN Automotive
12.6 Hitachi Automotive Systems
12.7 Hofer Powertrain
12.8 Magna International
12.9 Nidec Corporation
12.10 Robert Bosch GmbH
12.11 Schaeffler
12.12 ZF Friedrichshafen AG