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The car drive system is one of the most important systems in electric vehicles. The performance of electric vehicle is mainly determined by its driving system. The car drive system of an electric vehicle is composed of traction motor, motor controller, mechanical transmission device and wheels. Its energy storage power source is the battery pack.
Currently, major global companies include BYD, Zhongshan Broad-Ocean Motor Co.,Ltd., Bosch, JEE and Hitachi, etc. The market share of top 5 companies accounted for more than 34% of global market in 2019.
The manufacturer base are located in North America, Europe, China and Japan. Among them, China accounted for approximately 63% of the global market share in 2019.
As for the product type, the car drive system is mainly divided into FWD, RWD and AWD/4WD. In 2019, FWD accounted for about 91% of the market share.
From the market application of the product, the car drive system is mainly used in passenger vehicle, commercial vehicle and engineering vehicle. In 2019, the car drive system for passenger vehicle accounted for 82% of the market share.
Market Analysis and Insights: Global Car Drive System Market
The global Car Drive System market size is projected to reach US$ 90880 million by 2027, from US$ 12740 million in 2020, at a CAGR of 32.4% during 2021-2027.
With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Car Drive System market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Car Drive System market in terms of revenue.
On the whole, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Car Drive System market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Car Drive System market.
Global Car Drive System Scope and Market Size
Car Drive System market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Car Drive System market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2016-2027.
Segment by Type
FWD
RWD
AWD/4WD
Segment by Application
Passenger Vehicle
Commercial Vehicle
Engineering Vehicle
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Nordic
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
By Company
BYD
Zhongshan Broad-Ocean Motor Co.,Ltd.
Bosch
JEE
Hitachi
Jing-Jin Electric Technologies Co., Ltd.
Mitsubishi Motors
United Automotive Electronic Systems Co.,Ltd.
HASCO
MAGNA
Shenzhen Greatland Electrics Inc.
Hepu Power Co., Ltd.
Zhejiang Founder Motor Co., Ltd.
Currently, major global companies include BYD, Zhongshan Broad-Ocean Motor Co.,Ltd., Bosch, JEE and Hitachi, etc. The market share of top 5 companies accounted for more than 34% of global market in 2019.
The manufacturer base are located in North America, Europe, China and Japan. Among them, China accounted for approximately 63% of the global market share in 2019.
As for the product type, the car drive system is mainly divided into FWD, RWD and AWD/4WD. In 2019, FWD accounted for about 91% of the market share.
From the market application of the product, the car drive system is mainly used in passenger vehicle, commercial vehicle and engineering vehicle. In 2019, the car drive system for passenger vehicle accounted for 82% of the market share.
Market Analysis and Insights: Global Car Drive System Market
The global Car Drive System market size is projected to reach US$ 90880 million by 2027, from US$ 12740 million in 2020, at a CAGR of 32.4% during 2021-2027.
With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Car Drive System market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Car Drive System market in terms of revenue.
On the whole, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Car Drive System market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Car Drive System market.
Global Car Drive System Scope and Market Size
Car Drive System market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Car Drive System market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2016-2027.
Segment by Type
FWD
RWD
AWD/4WD
Segment by Application
Passenger Vehicle
Commercial Vehicle
Engineering Vehicle
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Nordic
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
By Company
BYD
Zhongshan Broad-Ocean Motor Co.,Ltd.
Bosch
JEE
Hitachi
Jing-Jin Electric Technologies Co., Ltd.
Mitsubishi Motors
United Automotive Electronic Systems Co.,Ltd.
HASCO
MAGNA
Shenzhen Greatland Electrics Inc.
Hepu Power Co., Ltd.
Zhejiang Founder Motor Co., Ltd.
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
