Global Electric Vehicle Transmission System Market to 2023 with Market Position of Key Players - AISIN SEIKI, BorgWarner, Eaton GKN, OC Oerlikon Management & ZF Friedrichshafen

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Apr 04, 2019, 12:15 ET

DUBLIN, April 4, 2019 /PRNewswire/ -- The "Global Electric Vehicle Transmission System Market 2019-2023" report has been added to ResearchAndMarkets.com's offering.

The global EV transmission system market is highly dependent on the adoption of EVs. Hence, factors driving EVs adoption are crucial drivers for the global EV transmission system market. As EVs are powered and driven by battery-powered systems, the battery cost is among the most important factors contributing to the upfront cost of EVs. In addition, high-torque motors used in single-speed transmission systems require high-capacity battery packs. Hence, reduction in battery prices will be beneficial for the market in focus.

Several improvements in the technology of battery EVs have rendered them more desirable to consumers. Advancements in Li-ion batteries have made them comparatively lightweight and accorded them longer lifespan than conventional lead-acid and valve-regulated lead-acid batteries. Therefore, the decrease in battery pack cost is expected to increase the demand for EVs exponentially globally during the forecast period.

Market Overview

Favorable global regulatory environment

The stringent regulations about fuel economy is leading automotive OEMs to invest in EVs as the cost associated with developments in conventional vehicles to comply with these standards is high. Therefore, most prominent OEMs are investing significantly in electric vehicle technology. The growing investment and focus of automotive OEMs on EVs is expected to lead to a surge in the adoption of EVs, which would be crucial driver for the growth of the global EV transmission system market during the forecast period.

Mounting cost pressure on transmission system manufacturers from demand side

Currently, EV component manufacturers and suppliers are facing challenges in the form of quality requirements by maintaining cost lower. Hence, EV transmission system manufacturers are in need to carve out growth strategies to earn profit in this difficult yet attractive market. Intense competition among OEMs and surging consumer demand also encourage OEMs to operate within strict cost parameters and remain profitable.

Competitive Landscape

The market appears to be highly concentrated and with the presence of limited vendors. This market research report will help clients identify new growth opportunities and design unique growth strategies by providing a comprehensive analysis of the market's competitive landscape and offering information on the products offered by companies.

Key Topics Covered:

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: MARKET LANDSCAPE

Market ecosystem
Market characteristics
Market segmentation analysis

PART 04: MARKET SIZING

Market definition
Market sizing 2018
Market size and forecast 2018-2023

PART 05: FIVE FORCES ANALYSIS

Bargaining power of buyers
Bargaining power of suppliers
Threat of new entrants
Threat of substitutes
Threat of rivalry
Market condition

PART 06: MARKET SEGMENTATION BY TYPE

Market segmentation by type
Comparison by type
Multi-speed transmission - Market size and forecast 2018-2023
Single-speed transmission - Market size and forecast 2018-2023
Market opportunity by type

PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE

Geographic segmentation
Geographic comparison
Key leading countries
Market opportunity

PART 09: DECISION FRAMEWORK

PART 10: DRIVERS AND CHALLENGES

Market drivers
Market challenges

PART 11: MARKET TRENDS

Use of light-weight transmission design
Integration of transmission system with other electric powertrain components to form electric drive units
Growing adoption of power-split CVT systems

PART 12: VENDOR LANDSCAPE

Overview
Landscape disruption
Competitive scenario

PART 13: VENDOR ANALYSIS

Vendors covered
Vendor classification
Market positioning of vendors
AISIN SEIKI Co., Ltd.
BorgWarner Inc.
Eaton
GKN (Melrose Industries PLC)
OC Oerlikon Management AG
ZF Friedrichshafen AG

PART 14: APPENDIX

For more information about this report visit https://www.researchandmarkets.com/research/2dnl9x/global_electric?w=5

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