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title: 'E-Axle Market Research Report 2022: Industry Size, Share, Trends, Growth and Forecast 2027'

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# E-Axle Market Research Report 2022: Industry Size, Share, Trends, Growth and Forecast 2027

According to the latest report by IMARC Group, titled, “**E-Axle Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027**“, The global [E-axle market](https://www.imarcgroup.com/e-axle-market) reached a value of **US$ 2.88 Billion** in 2021. Looking forward, IMARC Group expects the market to reach **US$ 9.42 Billion** by 2027, exhibiting at a **CAGR of 21.49%** during 2022-2027. This report can serve as an excellent guide for investors, researchers, consultants, marketing strategists and all those who are planning to foray into the market in any form.

![](https://i.imgur.com/S7I2onq.jpg)


**Market Overview:**

An e-axle refers to an electro-mechanical propulsion system equipped with axle structures, electric motors, power electronics, and transmission units. It acts as a compact and cost-efficient electric drive solution for battery electric vehicles (BEVs). E-axles are manufactured utilizing lightweight and high-strength metals, such as aluminum. They assist in reducing the complexity of BEVs and customizing power, torque, installation space, etc. Automotive Original Equipment Manufacturers (OEMs) rely on e-axle solutions to make optimum usage of the internal volume of vehicles for extra battery capacity and passenger space.

**Note:** We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

**Get a PDF Sample for more detailed market insights:** https://www.imarcgroup.com/e-axle-market/requestsample

**Global E-Axle Market Trends and Drivers:**

The rising popularity of electric vehicles (EVs) is one of the key factors driving the e-axle market. In line with this, the elevating levels of urbanization and the inflating income levels of consumers are further catalyzing the market growth. Additionally, the growing consumer awareness towards the harmful effects of fossil fuel-based automobiles on human health and the climate is also propelling the product demand. Besides this, the expanding utilization of e-axles to enhance energy efficiency and improve the noise, vibration and harshness (NVH) performance is acting as another significant growth-inducing factor. Moreover, various government bodies across several countries are regulating or banning the sales of fossil fuel-based passenger cars to minimize vehicle-based carbon emissions, which is further augmenting the global market. Apart from this, numerous prominent manufacturers are focusing on developing advanced product variants that are equipped with high-strength casings and can also accommodate high torque and input speeds. This, in turn, is projected to bolster the global e-axle market over the forecasted period.

G**lobal E-Axle Market 2022-2027 Competitive Analysis and Segmentation:**

**Competitive Landscape:**

The competitive landscape of the industry has also been examined along with the profiles of the key players.

* AVL List GmbH
* Axletech International (Meritor Inc)
* Borgwarner Inc
* Continental AG
* Dana Incorporated
* GKN Plc (Melrose Industries)
* Nidec Corporation
* Robert Bosch GmbH
* Schaeffler Technologies AG & Co. KG
* ZF Friedrichshafen AG (Zeppelin-Stiftung).

**The report has segmented the market based on component type, vehicle type and drive type.**

**Breakup by Component Type:**
* Combining Motors
* Power Electronics
* Transmission
* Others

**Breakup by Vehicle Type:**
* ICE Vehicles
* Passenger Vehicle
* Commercial Vehicle
* Electric Vehicle

**Breakup by Drive Type:**
* Forward Wheel Drive
* Rear Wheel Drive
* All Wheel Drive

**Breakup by Region:**
* North America
* Asia-Pacific
* Europe
* Latin America
* Middle East and Africa

**Key Highlights of the Report:**
* Market Performance (2016-2021)
* Market Outlook (2022-2027)
* Market Trends
* Market Drivers and Success Factors
* Impact of COVID-19
* Value Chain Analysis
* Comprehensive mapping of the competitive landscape

**Ask Customization and Browse full report with TOC & List of Figure:** https://www.imarcgroup.com/e-axle-market

As the novel coronavirus **(COVID-19)** crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

If you want latest primary and secondary data **(2022-2027)** with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours of receiving full payment.

**About Us**

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

**Contact us:**

IMARC Group
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