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HYBRID AND ELECTRIC VEHICLE INTEGRATED DRIVE UNIT

Global Market Trajectory & Analytics

MCP12476

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  •  DATE

    JULY 2020

  •  TABLES

    36

  •  PAGES

    109

  •  EDITION

    7

  •  PRICE

    USD $4950


COVID-19 IMPACT SURVEY
Amid the COVID-19 crisis, the global market for Hybrid and Electric Vehicle Integrated Drive Unit estimated at 3.7 Million Units in the year 2020, is projected to reach a revised size of 4.6 Million Units by 2027, growing at a CAGR of 3% over the period 2020-2027.Fully Electric Vehicles, one of the segments analyzed in the report, is projected to grow at a 2.8% CAGR to reach 2.9 Million Units by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Hybrid Electric Vehicles segment is readjusted to a revised 3.2% CAGR for the next 7-year period. This segment currently accounts for a 35.4% share of the global Hybrid and Electric Vehicle Integrated Drive Unit market.
The Hybrid and Electric Vehicle Integrated Drive Unit market in the U.S. is estimated at 1.1 Million Units in the year 2020. The country currently accounts for a 29.39% share in the global market. China, the world second largest economy, is forecast to reach an estimated market size of 814 Thousand Units in the year 2027 trailing a CAGR of 2.8% through 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.7% and 2.5% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 3% CAGR while Rest of European market (as defined in the study) will reach 814 Thousand Units by the year 2027.We bring years of research experience to this 7th edition of our report. The 109-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.
Competitors identified in this market include, among others, BorgWarner, Inc.; Bosch Mobility Solutions; Continental AG; GKN PLC; Siemens AG; ZF Friedrichshafen AG
» Application (Fully Electric Vehicles, Hybrid Electric Vehicles)
» World » United States » Canada » Japan » China » Europe » France » Germany » Italy » United Kingdom » and Rest of Europe » Asia-Pacific » Rest of World

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