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Automotive Electric Drivetrain Components Market to Record CAGR of 26% By 2027

A research study conducted by Global Market Insights, Inc., suggests that Automotive Electric Drivetrain Components Market is likely to exceed the $ 173.99 billion mark by 2027, in terms of revenue.

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Automotive Electric Drivetrain Components Market to Record CAGR of 26% By 2027

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  1. Automotive Electric Drivetrain Components Market Share, Trend & Growth Forecast to 2027

  2. Industry Insights • A research study conducted by Global Market Insights, Inc., suggests that Automotive Electric Drivetrain Components Market is likely to exceed the $ 173.99 billion mark by 2027, in terms of revenue. • The automotive electric drivetrain components market is expected to see robust growth through 2027 owing to soaring prevalence of electric vehicles across the globe. Additionally, increased emphasis on reducing the carbon footprint of the automotive sector is primed to further support market growth through the forecast period. • The automotive electric drivetrain components market has been segmented in terms of components, vehicle type, sales channel, and region. Based on components, the market has further been categorized into DC/DC converter, electric drive module, thermal system, battery packs, power distribution module (PDM), DC/AC inverter, and others.

  3. The electric drive module sub-segment is slated to witness notable expansion at approximately 25% CAGR through the assessment timeframe. Mounting adoption of non-conventional vehicles is likely to bolster product uptake in the coming years. • With respect to vehicle type, the market has been segregated into hybrid electric vehicle (HEV), fuel cell electric vehicle (FCEV), plug-in hybrid electric vehicle (PHEV), and battery electric vehicle (BEV). The plug-in hybrid electric vehicle (PHEV) sub-segment is estimated to attain more than 10% revenue share in the industry by 2027, growing at a steady CAGR through the review period. Superior range offered by these vehicles is poised to augment segmental development over the following years. • By sales channel, the automotive electric drivetrain components market has been divided into aftermarket and OEM. The aftermarket sub-segment is anticipated to progress at a CAGR of around 30% through the analysis timeline to reach a sizable valuation by the end of 2027.

  4. Request for a Sample Copy of this Report @ https://www.gminsights.com/request-sample/detail/5156

  5. Regional Analysis • The Latin America automotive electric drivetrain components market is projected to expand at about 20% CAGR over the forecast period. Increasing initiatives to adopt electric vehicles for public conveyance in LATAM is set to foster regional market outlook in the forthcoming years. • Competitive Analysis • • Hexagon AB • • VALEO • • BorgWarner • • ZF • • Schaeffler AG • • UNIVANCE CORPORATION • • GKN Automotive • • Denso • • Continental AG • • Delphi Automotive

  6. Heavy Duty Engines Market @ https://www.gminsights.com/industry-analysis/automotive-electric-drivetrain-components-market Request for sample of this research report @ https://www.gminsights.com/request-sample/detail/5156 Request for customization: https://www.gminsights.com/roc/5156

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  8. THANK YOU www.gminsights.com

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