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Smart e-Drive Market worth 1,468.2 Million USD by 2022

[169 Pages Report] Smart e-Drive Market report categorizes the global market by Application (E-Axle, Wheel Drive), Drive (RWD, AWD, FWD), Vehicle Type (PHEV, Electric Bus, Truck, BEV, HEV), Component (Inverter, Motor, Battery Power Electronics, E-Brake Booster), and Region

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Smart e-Drive Market worth 1,468.2 Million USD by 2022

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  1. MarketsandMarkets Presents Smart e-Drive Market worth 1,468.2 Million USD by 2022 http://www.marketsandmarkets.com/Market-Reports/smart-e-drive-market-208155014.html

  2. The report "Smart e-Drive Market by Component (Power Electronics, E-Brake Booster, Inverter, Motor, Battery), Application (E-Axle, Wheel Drive), Vehicle Type (BEV, HEV, PHEV, Electric Bus, Truck), Drive (FWD, RWD, AWD), and Region - Global Forecast to 2022", The smart e-drive market for automotive, by value, is projected to grow at a CAGR of 32.00% from 2017 to 2022, to reach USD 1,468.2 Million by 2022. Factors such as rising focus on stringent CO2 emissions norms, vehicle weight reduction, government initiatives, and increase in sales of green vehicles are projected to fuel the demand for smart e-drive technologies. Browse 113 Market Data Tables and 59 Figures spread through 169 Pages and in-depth TOC on "Smart e-Drive Market by Component (Power Electronics, E-Brake Booster, Inverter, Motor, Battery), Application (E-Axle, Wheel Drive), Vehicle Type (BEV, HEV, PHEV, Electric Bus, Truck), Drive (FWD, RWD, AWD), and Region - Global Forecast to 2022" http://www.marketsandmarkets.com/Market-Reports/smart-e-drive-market-208155014.html Early buyers will receive 10% customization on reports.

  3. “Battery market to be the largest market among smart e-drive components” Battery is the power source for any smart e-drive system. Presently, battery costs almost one third of the total BEV price. It is observed that the battery price has shown a decline of 20% from 2011 to 2016. Hence, considering the rapid improvements in the battery technology, the price of the battery is projected to decrease significantly over the period of next five to eight years. OEMs and battery manufacturers are working towards development of high energy density battery to deliver more distance coverage on a single charge. Lithium-ion batteries are the most widely used battery technology in electric, hybrid, and plug-in hybrid electric vehicles for their features like low self-discharge, good high temperature efficiency, high energy performance, and high power-to-weight ratio compared with other battery technologies such as lead acid and Nickel-Metal Hybrid. Since the automotive industry is moving towards electric and hybrid vehicles, the battery market is booming. http://www.marketsandmarkets.com/Market-Reports/smart-e-drive-market-208155014.html

  4. “E-Wheel drive market to grow at the fastest pace in the smart e-drive market” With the rising concerns about the factors like zero emission, vehicle weight reduction, and the need for space for other applications, the demand for e-wheel drive is likely to increase in the near future. E-Wheel drive is directly mounted on the wheel rim, which houses the brakes, motor, inverter, and power electronics fitted inside the rim. “Presence of large number of EV manufacturers and strict emission regulations would drive the European smart e-drive market” The European region is estimated to be the fastest growing smart e-drive market during the forecast period. The market growth in the region can be attributed to the presence of many established manufacturers such as GKN (UK), ZF Friedrichshafen (Germany), Robert Bosch (Germany), MAHLE (Germany), Continental (Germany), and Siemens (Germany). Also, the strict emission regulations, rapid improvement in battery technology, and increasing demand for electric, hybrid and plug-in hybrid electric vehicles will boost the market for smart e-drive in the region. http://www.marketsandmarkets.com/Market-Reports/smart-e-drive-market-208155014.html

  5. The key players in the food robotics market include: • GKN  • Magna  • Continental  • Siemens  • Schaeffler • ZF Friedrichshafen  • http://www.marketsandmarkets.com/Market-Reports/smart-e-drive-market-208155014.html • Mahle • Robert Bosch • Borgwarner • Hitachi  • Hyundai Mobis • Aisin Seiki

  6. About MarketsandMarkets™ MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions. Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

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