Automotive Electric Drive Axle Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

Automotive Electric Drive Axle Market is segmented by Type (Electric Axle and Hybrid Axle), by Sales Channel (OEM and Aftermarket), by Vehicle Type (Passenger Cars and Commercial Vehicles), and by Geography.

Automotive Electric Drive Axle Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

Automotive Electric Drive Axle Industry Overview

The Automotive Electric Drive Axle Market is a consolidated market. Some of the major players dominating the market are Robert Bosch GmbH, ZF Friedrichshafen AG, Dana Incorporated, GKN PLC, Bonfiglioli Riduttori Spa, and Magna International, amongst others.

  • In May 2018, Dana Incorporated has established an electric axle drive manufacturing unit in China to cater to commercial vehicles, such as buses and trucks.
  • In May 2018, Meritor Inc. has established a partnership with Peterbilt Motor Company to supply electric drivetrains for 520 refuse trucks and Class 8 Model 579 tractors, in collaboration with TransPower, US-based integrated drive systems, and energy storage sub-systems company.

Automotive Electric Drive Axle Market Leaders

  1. Robert Bosch GmbH

  2. ZF Friedrichshafen AG

  3. Dana Incorporated

  4. GKN PLC

  5. Magna International

  6. *Disclaimer: Major Players sorted in no particular order
Robert Bosch GmbH, ZF Friedrichshafen AG, Dana Incorporated, GKN PLC, Magna International