Electric Vehicle Driveline Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Driveline Systems for Electric Vehicle Market has been segmented by Architecture Type (Series, Parallel, Power Split), Transmission Type (Automatic Transmission, Dual-clutch Transmission, Electric-continuously Variable Transmission), Motor Type (45-100 kW, 101-250 kW, Greater than 250 kW), Drive Type (Front Wheel Drive, Rear Wheel Drive, and All Wheel Drive), Vehicle Type (Hybrid Vehicles, Plug-in Hybrid Vehicles, Battery Electric Vehicles), and Geography.

Electric Vehicle Driveline Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

Electric Vehicle Driveline Industry Overview

Some of the major players in the driveline systems for electric vehicles include Robert Bosch, GKN, BorgWarner, Denso Corporation, Toyota Motor Corporation, etc., consistently working to improve their driveline systems to sustain in the increasing demand for lightweight and high-efficiency driveline systems for electric vehicles among automakers.

Automakers are planning to increase their R&D expenditure of electric vehicles, due to a consistent demand pattern for conventional IC engine vehicles. Therefore, the electric vehicle manufacturers are focusing on raising awareness among customers about electric vehicles, through their continuous marketing strategies, aiming to meet the standards set by the governments and other associations.

During April 2018, American Axle & Manufacturing (AAM) and Liuzhou Wuling Automobile Industry Co. Ltd, a subsidiary of Guangxi Automobile Group Co.Ltd, entered ajoint ventureto manufacture driveline systems.

Electric Vehicle Driveline Market Leaders

  1. GKN Driveline (Melrose Industries PLC)

  2. Schaeffler Technologies AG & Co. KG

  3. BorgWarner Inc.

  4. ZF Friedrichshafen AG

  5. Continental AG

  6. *Disclaimer: Major Players sorted in no particular order
driveline systems for electric vehicle market