Report Description Table Of Content Research Methodology Download Free Sample

Market Snapshot

CAGR:6.2

2023

2032

Source: Market Expertz

Study Period	2019-2032
Base Year	2023
Forcast Year	2023-2032
CAGR	6.2

Gain accurate insights regarding the negative impacts of COVID-19 on all markets and industries

Download Sample Pdf

Report Overview

The Electric Vehicle (EV) Transmission Market size is estimated to grow at a CAGR of 12.34% between 2022 and 2032. The market size is forecast to increase by USD 5,678.45 million. The growth of the market depends on several factors, including the increasing adoption of electric vehicles, government initiatives promoting sustainable transportation, and advancements in transmission technologies. EV transmission refers to the system that transfers power from the electric motor to the wheels of an electric vehicle. It plays a crucial role in optimizing the performance, efficiency, and range of electric vehicles.

Electric Vehicle (EV) Transmission Market Overview:

Drivers:

One of the key factors driving the EV transmission market growth is the increasing adoption of electric vehicles. With the growing concerns over environmental pollution and the need to reduce greenhouse gas emissions, there is a rising demand for electric vehicles as a sustainable transportation solution. EVs offer several advantages over conventional internal combustion engine vehicles, including lower emissions, reduced dependence on fossil fuels, and quieter operation. The increasing investments in EV charging infrastructure and the availability of government incentives further support the adoption of electric vehicles, thereby driving the demand for EV transmissions.

Moreover, government initiatives promoting sustainable transportation are also driving the market growth. Many countries have implemented policies and regulations to encourage the adoption of electric vehicles and reduce the reliance on conventional vehicles. These initiatives include financial incentives, tax benefits, and stricter emission standards. As a result, there is a growing demand for efficient and reliable EV transmissions to support the performance and range requirements of electric vehicles.

Trends:

A key trend shaping the EV transmission market is the development of advanced transmission technologies. Manufacturers are focusing on improving the efficiency, durability, and performance of EV transmissions to enhance the overall driving experience. This includes the development of multi-speed transmissions, which offer better torque delivery and improved acceleration compared to single-speed transmissions. Additionally, the integration of advanced control systems and software algorithms in EV transmissions is gaining traction. These technologies optimize power delivery, improve energy efficiency, and enhance the overall performance of electric vehicles.

Furthermore, there is a growing focus on lightweight and compact transmission designs. As electric vehicles aim to maximize range and efficiency, reducing the weight and size of transmission systems becomes crucial. Manufacturers are exploring innovative materials and design techniques to develop lightweight and compact EV transmissions without compromising performance or durability. These advancements contribute to the overall weight reduction of electric vehicles and improve their energy efficiency.

Restraints:

One of the key challenges hindering the EV transmission market growth is the high cost of transmission systems. EV transmissions, especially advanced multi-speed transmissions, involve complex engineering and manufacturing processes, which can significantly increase their cost compared to traditional transmissions. The high cost of EV transmissions may impact the affordability of electric vehicles, especially in price-sensitive markets. However, ongoing advancements in technology and economies of scale are expected to gradually reduce the cost of EV transmissions, making them more accessible to a wider consumer base.

Electric Vehicle (EV) Transmission Market Segmentation By Type:

The automatic transmission segment is expected to dominate the market during the forecast period. Automatic transmissions offer convenience and ease of use, making them popular among consumers. They provide smooth and seamless gear shifting, eliminating the need for manual gear changes. Automatic transmissions also contribute to the overall driving comfort and enhance the performance of electric vehicles. As the demand for electric vehicles increases, the adoption of automatic transmissions is expected to grow, driving the market for EV automatic transmissions.

The manual transmission segment is also expected to contribute to the market growth. Manual transmissions offer greater control and engagement for driving enthusiasts. While the adoption of manual transmissions in electric vehicles is relatively lower compared to automatic transmissions, there is still a demand for manual transmission options among certain consumer segments. Manufacturers are catering to this demand by offering electric vehicles with manual transmission variants, thereby driving the market for EV manual transmissions.

Regional Overview:

Download the report summary now!
Request pdf Sample

North America is estimated to contribute significantly to the growth of the global EV transmission market during the forecast period. The region has a strong presence of electric vehicle manufacturers, technological advancements, and supportive government policies promoting electric mobility. The increasing investments in EV charging infrastructure and the growing consumer awareness about the benefits of electric vehicles further support market growth in North America.

Europe is also expected to witness substantial growth in the EV transmission market. The region has stringent emission regulations and a strong emphasis on sustainable transportation. The presence of major automotive manufacturers and the availability of charging infrastructure contribute to the market growth in Europe. Additionally, the increasing investments in research and development activities for EV transmission technologies further drive the market in this region.

Electric Vehicle (EV) Transmission Market Customer Landscape:

The EV transmission market industry report includes the adoption lifecycle of the market, covering from the innovator's stage to the laggard's stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

Who are the Major Electric Vehicle (EV) Transmission Market Companies?

Companies are implementing various strategies, such as product launches, partnerships, mergers and acquisitions, and geographical expansion, to enhance their presence in the market.

Some of the major companies operating in the EV transmission market include:

ABB Ltd.
BorgWarner Inc.
Continental AG
Dana Incorporated
Eaton Corporation
Magna International Inc.
Renault SA
Schaeffler AG
Valeo SA
ZF Friedrichshafen AG

The research report also includes detailed analyses of the competitive landscape of the market and information about key market players. Data is qualitatively analyzed to categorize companies based on their market presence and strength.

Segment Overview:

The EV transmission market report forecasts market growth by revenue at global, regional, and country levels and provides an analysis of the latest trends and growth opportunities from 2019 to 2032.

Application Outlook (USD Million, 2019 - 2032)
Passenger Cars
Commercial Vehicles
Two-wheelers
Type Outlook (USD Million, 2019 - 2032)

o Automatic Transmission

o Manual Transmission

Geography Outlook (USD Million, 2019 - 2032)

o North America

The U.S.
Canada

o Europe

K.
Germany
France
Rest of Europe

o Asia Pacific

China
India

o South America

Brazil
Argentina
Rest of South America

o Middle East & Africa

Saudi Arabia
South Africa
Rest of Middle East & Africa

TABLE OF CONTENTS: GLOBAL Electric Vehicle (EV) Transmission MARKET

Chapter 1. MARKET SYNOPSIS

1.1. Market Definition

1.2. Research Scope & Premise

1.3. Methodology

1.4. Market Estimation Technique

Chapter 2. EXECUTIVE SUMMARY

2.1. Summary Snapshot, 2016 – 2027

Chapter 3. INDICATIVE METRICS

3.1. Macro Indicators

Chapter 4. Electric Vehicle (EV) Transmission MARKET SEGMENTATION & IMPACT ANALYSIS

4.1. Electric Vehicle (EV) Transmission Consumption Segmentation Analysis

4.2. Industrial Outlook

4.3. Price Trend Analysis

4.4. Regulatory Framework

4.5. Porter’s Five Forces Analysis

4.5.1. Power Of Suppliers

4.5.2. Power Of Buyers

4.5.3. Threat Of Substitutes

4.5.4. Threat Of New Entrants

4.5.5. Competitive Rivalry

Chapter 5. Change Electric Vehicle (EV) Transmission MARKET BY TYPE INSIGHTS & TRENDS

5.1. Segment 1 Dynamics & Market Share, 2019 & 2027

5.2. Single Speed

5.2.1. Market Estimates And Forecast, 2016 – 2027 (USD Million)

5.2.2. Market Estimates And Forecast, By Region, 2016 – 2027 (USD Million)

5.3. Multi Speed

5.3.1. Market Estimates And Forecast, 2016 – 2027 (USD Million)

5.3.2. Market Estimates And Forecast, By Region, 2016 – 2027 (USD Million)

Chapter 6. Electric Vehicle (EV) Transmission MARKET BY APPLICATION INSIGHTS & TRENDS

6.1. Segment 2 Dynamics & Market Share, 2019 & 2027

6.2. AMT Transmissions

6.2.1. Market Estimates And Forecast, 2016 – 2027 (USD Million)

6.2.2. Market Estimates And Forecast, By Region, 2016 – 2027 (USD Million)

6.3. CVT Transmissions

6.3.1. Market Estimates And Forecast, 2016 – 2027 (USD Million)

6.3.2. Market Estimates And Forecast, By Region, 2016 – 2027 (USD Million)

6.4. DCT/DHT Transmissions

6.4.1. Market Estimates And Forecast, 2016 – 2027 (USD Million)

6.4.2. Market Estimates And Forecast, By Region, 2016 – 2027 (USD Million)

6.5. AT Transmission

6.5.1. Market Estimates And Forecast, 2016 – 2027 (USD Million)

6.5.2. Market Estimates And Forecast, By Region, 2016 – 2027 (USD Million)

Chapter 7. Electric Vehicle (EV) Transmission MARKET REGIONAL OUTLOOK

7.1. Electric Vehicle (EV) Transmission Market Share By Region, 2019 & 2027

7.2. NORTH AMERICA

7.2.1. North America Electric Vehicle (EV) Transmission Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.2.2. North America Electric Vehicle (EV) Transmission Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.2.3. North America Electric Vehicle (EV) Transmission Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.2.4. North America Electric Vehicle (EV) Transmission Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.2.5. U.S.

7.2.5.1. U.S Electric Vehicle (EV) Transmission Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.2.5.2. U.S. Electric Vehicle (EV) Transmission Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.2.5.3. U.S. Electric Vehicle (EV) Transmission Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.2.5.4. U.S. Electric Vehicle (EV) Transmission Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.2.6. CANADA

7.2.6.1. Canada Electric Vehicle (EV) Transmission Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.2.6.2. Canada Electric Vehicle (EV) Transmission Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.2.6.3. Canada Electric Vehicle (EV) Transmission Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.2.6.4. Canada Electric Vehicle (EV) Transmission Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.3. EUROPE

7.3.1. Europe Electric Vehicle (EV) Transmission Estimates And Forecast, 2016 – 2027, (USD Million)

7.3.2. Europe Electric Vehicle (EV) Transmission Estimates And Forecast By Segment 1, 2016 –2027, (USD Million

7.3.3. Europe Electric Vehicle (EV) Transmission Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.3.4. Europe Electric Vehicle (EV) Transmission Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.3.5. GERMANY

7.3.5.1. Germany Electric Vehicle (EV) Transmission Estimates And Forecast, 2016 – 2027, (USD Million)

7.3.5.2. Germany Electric Vehicle (EV) Transmission Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.3.5.3. Germany Electric Vehicle (EV) Transmission Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.3.5.4. Germany Electric Vehicle (EV) Transmission Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.3.6. FRANCE

7.3.6.1. France Electric Vehicle (EV) Transmission Estimates And Forecast, 2016 – 2027, (USD Million)

7.3.6.2. France Electric Vehicle (EV) Transmission Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.3.6.3. France Electric Vehicle (EV) Transmission Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.3.6.4. France Electric Vehicle (EV) Transmission Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.3.7. U.K.

7.3.7.1. U.K. Electric Vehicle (EV) Transmission Estimates And Forecast, 2016 – 2027, (USD Million)

7.3.7.2. U.K. Electric Vehicle (EV) Transmission Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.3.7.3. U.K. Electric Vehicle (EV) Transmission Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.3.7.4. U.K Electric Vehicle (EV) Transmission Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.4. ASIA-PACIFIC

7.4.1. Asia Pacific Electric Vehicle (EV) Transmission Estimates And Forecast, 2016 – 2027, (USD Million)

7.4.2. Asia Pacific Electric Vehicle (EV) Transmission Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.4.3. Asia Pacific Electric Vehicle (EV) Transmission Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.4.4. Asia Pacific Electric Vehicle (EV) Transmission Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.4.5. CHINA

7.4.5.1. China Electric Vehicle (EV) Transmission Estimates And Forecast, 2016 – 2027, (USD Million)

7.4.5.2. China Electric Vehicle (EV) Transmission Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.4.5.3. China Electric Vehicle (EV) Transmission Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.4.5.4. China Electric Vehicle (EV) Transmission Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.4.6. INDIA

7.4.6.1. India Electric Vehicle (EV) Transmission Estimates And Forecast, 2016 – 2027, (USD Million)

7.4.6.2. India Electric Vehicle (EV) Transmission Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.4.6.3. India Electric Vehicle (EV) Transmission Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.4.6.4. India Electric Vehicle (EV) Transmission Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.4.7. JAPAN

7.4.7.1. Japan Electric Vehicle (EV) Transmission Estimates And Forecast, 2016 – 2027, (USD Million)

7.4.7.2. Japan Electric Vehicle (EV) Transmission Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.4.7.3. Japan Electric Vehicle (EV) Transmission Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.4.7.4. Japan Electric Vehicle (EV) Transmission Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.4.8. AUSTRALIA

7.4.8.1. Australia Electric Vehicle (EV) Transmission Estimates And Forecast, 2016 – 2027, (USD Million)

7.4.8.2. Australia Electric Vehicle (EV) Transmission Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.4.8.3. Australia Electric Vehicle (EV) Transmission Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.4.8.4. Australia Electric Vehicle (EV) Transmission Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.5. MIDDLE EAST AND AFRICA (MEA)

7.5.1. Mea Electric Vehicle (EV) Transmission Estimates And Forecast, 2016 – 2027, (USD Million)

7.5.2. Mea Electric Vehicle (EV) Transmission Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.5.3. Mea Electric Vehicle (EV) Transmission Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.5.4. Mea Electric Vehicle (EV) Transmission Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.6. LATIN AMERICA

7.6.1. Latin America Electric Vehicle (EV) Transmission Estimates And Forecast, 2016 – 2027, (USD Million)

7.6.2. Latin America Electric Vehicle (EV) Transmission Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.6.3. Latin America Electric Vehicle (EV) Transmission Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.6.4. Latin America Electric Vehicle (EV) Transmission Estimates And Forecast By Production Process, 2016 –2027, (USD Million)

7.6.5. Latin America Electric Vehicle (EV) Transmission Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

Chapter 8. COMPETITIVE LANDSCAPE

8.1. Market Share By Manufacturers

8.2. Strategic Benchmarking

8.2.1. New Product Launches

8.2.2. Investment & Expansion

8.2.3. Acquisitions

8.2.4. Partnerships, Agreement, Mergers, Joint-Ventures

8.3. Vendor Landscape

8.3.1. North American Suppliers

8.3.2. European Suppliers

8.3.3. Asia-Pacific Suppliers

8.3.4. Rest Of The World Suppliers

Chapter 9. COMPANY PROFILES

9.1. Aisin Seiki Co., Ltd

9.1.1. Company Overview

9.1.2. Financial Performance

9.1.3. Product Insights

9.1.4. Strategic Initiatives

9.2. Allison Transmission Inc

9.2.1. Company Overview

9.2.2. Financial Performance

9.2.3. Product Insights

9.2.4. Strategic Initiatives

9.3. AVL List GmbH

9.3.1. Company Overview

9.3.2. Financial Performance

9.3.3. Product Insights

9.3.4. Strategic Initiatives

9.4. BorgWarner Inc

9.4.1. Company Overview

9.4.2. Financial Performance

9.4.3. Product Insights

9.4.4. Strategic Initiatives

9.5. Continental AG

9.5.1. Company Overview

9.5.2. Financial Performance

9.5.3. Product Insights

9.5.4. Strategic Initiatives

9.6. Dana Limited

9.6.1. Company Overview

9.6.2. Financial Performance

9.6.3. Product Insights

9.6.4. Strategic Initiatives

9.7. Eaton

9.7.1. Company Overview

9.7.2. Financial Performance

9.7.3. Product Insights

9.7.4. Strategic Initiatives

9.8. JATCO Ltd.,

9.8.1. Company Overview

9.8.2. Financial Performance

9.8.3. Product Insights

9.8.4. Strategic Initiatives

9.9 . Schaeffler Technologies AG & Co. KG

9.9.1. Company Overview

9.9.2. Financial Performance

9.9.3. Product Insights

9.9.4. Strategic Initiatives

9.10. ZF Friedrichshafen AG

9.10.1. Company Overview

9.10.2. Financial Performance

9.10.3. Product Insights

9.10.4. Strategic Initiatives

RESEARCH METHODOLOGY

A research methodology is a systematic approach for assessing or conducting a market study. Researchers tend to draw on a variety of both qualitative and quantitative study methods, inclusive of investigations, survey, secondary data and market observation.

Such plans can focus on classifying the products offered by leading market players or simply use statistical models to interpret observations or test hypotheses. While some methods aim for a detailed description of the factors behind an observation, others present the context of the current market scenario.

Now let’s take a closer look at the research methods here.

Secondary Research Model

Extensive data is obtained and cumulated on a substantial basis during the inception phase of the research process. The data accumulated is consistently filtered through validation from the in-house database, paid sources as well reputable industry magazines. A robust research study requires an understanding of the overall value chain. Annual reports and financials of industry players are studied thoroughly to have a comprehensive idea of the market taxonomy.

Primary Insights

Post conglomeration of the data obtained through secondary research; a validation process is initiated to verify the numbers or figures. This process is usually performed by having a detailed discussion with the industry experts.

However, we do not restrict our primary interviews only to the industry leaders. Our team covers the entire value chain while verifying the data. A significant number of raw material suppliers, local manufacturers, distributors, and stakeholders are interviewed to make our findings authentic. The current trends which include the drivers, restraints, and opportunities are also derived through the primary research process.

Market Estimation

The market estimation is conducted by analyzing the data collected through both secondary and primary research. This process involves market breakdown, bottom-up and top- down approach.

Moreover, while forecasting the market a comprehensive statistical time series model is designed for each market. Macroeconomic indicators are considered to understand the current trends of the market. Each data point is verified by the process of data triangulation method to arrive at the final market estimates.

Final Presentation

The penultimate process results in a holistic research report. The study equips key industry players to undertake significant strategic decisions through the findings. The report encompasses detailed market information. Graphical representations of the current market trends are also made available in order to make the study highly comprehensible for the reader.

You can also purchase parts of this report. Do you want to check out a section wise price list?

Request for Special Pricing

Personalized Business Report Tailored to Your Requirements

Our expert analysts collaborate directly with you to comprehend your specific needs.
Get data on regions, segments, competitors, and vendors of your choice.
Information is presented in alignment with your exact preferences and formatting.

Request for customization

Ask For Discount

Free Sample Report

"Find new revenue generation opportunities"

Electric Vehicle Ev Transmission Market Size, Type Analysis, Application Analysis, End-Use, Industry Analysis, Regional Outlook, Competitive Strategies And Forecasts, 2023-2032