Global EV Speed Reducer Market Research Report 2024

A reducer for an electric vehicle is provided to reduce the volume of the reducer by transferring the power from an output shaft to a differential device. A reducer for an electric vehicle comprises a motor housing, a reducer housing, an input shaft, an output shaft, and a differential gear. A drive motor is installed in the motor housing. The reducer housing is assembled in one side of the motor housing. The input shaft is the central shaft of the drive motor. The output shaft is arranged in one top or one bottom of the input shaft and is connected to the input shaft through a reduction gear. The differential gear is arranged in one top or one bottom of the output shaft and is connected to the output shaft through a ring gear.

The global EV Speed Reducer market was valued at US$ 341.9 million in 2023 and is anticipated to reach US$ 1620.9 million by 2030, witnessing a CAGR of 24.6% during the forecast period 2024-2030.

The EV speed reducer market is relative concentrated market; key players include Borgwarner, HOTA Industrial, SAGW, GKN, Tsingshan Industry, ZF, Bosch, Zhuzhou Gear, Aichi Machine Industry, Magna International, HYCET E-Chuang, Zhejiang Wanliyang; the revenue of top five manufacturers accounts about 62% of the total revenue in 2019. High end products mainly come from Europe and North America.

China is the largest consumption place as its fast growing electric vehicle industry, with a consumption market share about 52% in 2019. Following China, Europe is the second largest consumption place with the consumption market share is 26%.

The classification of EV Speed Reducer includes single Stage speed reducer and multi stage speed reducer. Generally, most EVs are equipping the single stage type, while multi stage type are mainly used in the PHEV.

This report aims to provide a comprehensive presentation of the global market for EV Speed Reducer, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding EV Speed Reducer.

Report Scope

The EV Speed Reducer market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global EV Speed Reducer market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.

For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

The report will help the EV Speed Reducer manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.

Market Segmentation


By Company


Borgwarner

HOTA Industrial

SAGW

GKN

Tsingshan Industry

ZF

Bosch

Zhuzhou Gear

Aichi Machine Industry

Magna International

HYCET E-Chuang

Zhejiang Wanliyang


Segment by Type


Single Stage Type

Multi Stage Type


Segment by Application


BEV

PHEV


Production by Region



North America

Europe

Japan

China

Taiwan(China)


Consumption by Region


North America

U.S.

Canada

Europe

Germany

France

U.K.

Italy

Russia

Asia-Pacific

China

Japan

South Korea

China Taiwan

Southeast Asia

India

Latin America, Middle East & Africa

Mexico

Brazil

Turkey

GCC Countries

Chapter Outline

Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.

Chapter 2: Detailed analysis of EV Speed Reducer manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.

Chapter 3: Production/output, value of EV Speed Reducer by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.

Chapter 4: Consumption of EV Speed Reducer in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.

Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.

Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 10: The main points and conclusions of the report.

Frequently Asked Questions