Market Share of Automotive Electric Drive Axle Industry
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
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Robert Bosch GmbH
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ZF Friedrichshafen AG
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Dana Incorporated
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GKN PLC
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Magna International
*Disclaimer: Major Players sorted in no particular order
