HTF Market Intelligence has released a comprehensive global study on the Automotive E-Axle market, projecting a compound annual growth rate (CAGR) of 13.5% from 2025 to 2032, with the market expanding from $3.2 billion in 2025 to $8.0 billion by 2032. The report segments the market by type and application, identifies key players including Valeo, Hyundai Mobis, Mitsubishi Electric, Aptiv, BorgWarner, ZF Friedrichshafen, and others, and highlights regional dynamics such as Europe as the dominant region and Asia-Pacific as the fastest-growing. Market drivers include electric vehicle adoption, regulatory emission targets, and demand for efficient, lightweight drivetrains. Key challenges include high component costs, supply chain issues, and rapid technological evolution. The report also includes a five-forces and PESTLE analysis to assess market structure and external influences.

The global electric vehicle (EV) transmission market was valued at $12.51 billion in 2024 and is projected to reach $77.14 billion by 2033, growing at a CAGR of 22.4% from 2025 to 2033. The single-speed transmission segment dominates, holding over 80.1% of the market, due to the instant torque and wide RPM range of electric motors. Battery Electric Vehicles (BEVs) account for over 54.2% of market share, and electric cars capture more than 63.7% of the market. Key regional developments include BorgWarner's new manufacturing base in Wuhu, China; ZF's order for electric drive axles from an Indian bus manufacturer; and Allison Transmission's supply of e-axles for North America’s first zero-emission electric refuse truck. Major players such as Allison, BorgWarner, ZF, Valeo, and Ford are advancing EV transmission technologies through innovation, manufacturing expansion, and strategic partnerships. Growth is driven by regulatory pressures, consumer demand for eco-friendly vehicles, and technological advancements like integrated e-axles and lightweight materials.

The U.S. hydraulic power unit (HPU) market was valued at $2.92 billion in 2024 and is projected to reach $4.85 billion by 2033, growing at a CAGR of 5.89% from 2025 to 2033. Driven by industrial automation, infrastructure modernization, and a shift toward electrification, demand is rising across construction, agriculture, aerospace, and renewable energy sectors. Key trends include integration of IoT and AI for predictive maintenance, development of energy-efficient and biodegradable hydraulic fluids, and innovation in smart, modular systems. Major players such as Eaton, Danfoss, Parker Hannifin, and Bosch Rexroth are expanding product lines and investing in advanced technologies. The market is supported by large-scale infrastructure projects, government funding, and strong equipment sales in construction and agriculture.

The U.S. hydraulic power unit (HPU) market was valued at $2.92 billion in 2024 and is projected to reach $4.85 billion by 2033, growing at a CAGR of 5.89% from 2025 to 2033. Driven by industrial automation, infrastructure modernization, and a shift toward electrification, demand is rising across construction, agriculture, aerospace, and renewable energy sectors. Key trends include integration of IoT and AI for predictive maintenance, development of energy-efficient and biodegradable fluids, and innovation in smart, modular HPUs. Major players such as Eaton, Danfoss, Parker Hannifin, and Bosch Rexroth are launching advanced products and expanding capabilities. The market is supported by significant capital investment in new industrial facilities, government infrastructure funding, and robust equipment sales in construction and agriculture.

The global gaskets market was valued at US$8.9 billion in 2024 and is projected to reach US$10.6 billion by 2031, growing at a CAGR of 2.5% from 2024 to 2031, according to Stratview Research. The market is segmented by end-use industry, including transportation, processing, electrical & electronics, mobile machinery, manufacturing tools, energy & power, and others. The transportation sector, particularly automotive and aerospace, is expected to dominate due to rising demand for leak-proof sealing solutions in vehicles and aviation. The Asia-Pacific region is projected to be the largest and fastest-growing market, driven by industrialization, urbanization, and expansion in automotive and infrastructure sectors, especially in China, India, Japan, and South Korea. Key growth drivers include the shift to electric vehicles (EVs), increased energy efficiency, stricter environmental regulations, and advancements in materials science. The market is moderately fragmented, with over 20 players, including Dana Inc, ElringKlinger AG, EnPro Industries, Flowserve Corporation, Freudenberg Group, James Walker & Co., Parker Hannifin Corporation, Tenneco Inc. (Federal-Mogul), Trelleborg AB, and Uchiyama Group, competing on price, service, and regional presence.