Sign Up
Stories
E-axle Market Drives Electric Vehicle Adoption
Share
ASEAN Vehicle Sales and Connected Car Ma...
Driving Automotive Evolution: Market Ins...
Global Tire Market Projections
AKWEL's Q1 2024 Performance
Asia Pacific Electric Truck Market Set f...
Asia Pacific OTR Tire Market Growth
Overview
API
The global automotive E-axle market is set to reach USD 139.15 billion by 2030, primarily driven by the increasing demand for electric vehicles and government regulations promoting EV adoption. South Korea and Germany are key players in this market, with the Asia Pacific also contributing significantly due to low-cost labor and raw materials. The North American market dominates, particularly in countries like the U.S. and Canada, with a shift towards compact electric cars.
Ask a question
How might the growth of the E-axle market influence the development of new technologies and innovations in the automotive industry?
How might the increasing demand for electric vehicles impact traditional automotive manufacturing and supply chains?
What are the potential economic implications of the dominance of the North American market in the global E-axle market?
Article Frequency
0.2
0.4
0.6
0.8
1.0
Nov 2023
Dec 2023
Jan 2024
Feb 2024
Coverage
cbins
resea