The Asia Pacific Electric Powertrain Market would witness market growth of 14.7% CAGR during the forecast period (2020-2026). Automobile manufacturers are concentrating on the reduction of vehicle weight for improved power, performance, mileage and productivity. As a result, they need lightweight frameworks and components to produce sections of their automobiles. The powertrain should be lightweight; however, it should also be durable and strong. The market for plug-in hybrid and pure electric vehicles has grown significantly, generating a high demand for electric powertrains on the market. Initiatives taken by governments of different countries to promote the production of electric vehicles (EVs) are one of the key factors that increase the demand for electric powertrains on the market.
Increased sales of electric vehicles also prompted leading manufacturers of automotive components to aggressively focus on catering the requisite EV components in order to achieve a comparative advantage over other players. Competition in the market for power electronics products is strong owing to the number of manufacturers actively seeking to join the market in order to obtain lucrative benefits. OEMs find it challenging to make money as they need to substitute an ICE powertrain with an electric powertrain, which is more expensive. They would have struggled to make profits with the power electronics component until they achieved significant sales. The companies are working together to achieve a competitive advantage.
The market in Asia-Pacific is expected to grow at a significant pace during the forecast period due to an increase in demand for electric vehicles and an increase in the per capita income of individuals in the region. The countries of Asia-Pacific, such as China and India, are among the leading car manufacturers. Growth in the penetration of electric vehicles can be expected due to the increased stringency of emission standards in these countries, such as China VI and BS-VI in India, thus fueling regional market growth.
Based on Electric Vehicle Type, the market is segmented into BEV and HEV/PHEV. Based on Component, the market is segmented into Battery, Transmission, Converter, Power Electronics Controller, On-board Charger, Motor/Generator and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: Electric Powertrain Market in Asia Pacific is expected to register a CAGR of 14.7% during the forecast period (2020-2026)
The market research report covers theanalysis of key stake holders of the market. Key companies profiled in the report include Robert Bosch GmbH, Mitsubishi Electric Corporation, Magna International, Inc., ZF Friedrichshafen AG, Valeo SA, Nidec Corporation, Continental AG, Hitachi, Ltd., BorgWarner, Inc., and Schaeffler AG.
Scope of the Asia Pacific Electric Powertrain Market Analysis
Market Segmentation:
By Electric Vehicle Type
By Component
- Battery
- Transmission
- Converter
- Power Electronics Controller
- On-board Charger
- Motor/Generator
- Others
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Companies Profiled
- Robert Bosch GmbH
- Mitsubishi Electric Corporation
- Magna International, Inc.
- ZF Friedrichshafen AG
- Valeo SA
- Nidec Corporation
- Continental AG
- Hitachi, Ltd.
- BorgWarner, Inc.
- Schaeffler AG
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Electric Powertrain Market, by Electric Vehicle Type
1.4.2 Asia Pacific Electric Powertrain Market, by Component
1.4.3 Asia Pacific Electric Powertrain Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.2 Executive Summary
2.1.3 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Geographical Expansions
3.2.4 Business Unit Expansions
3.2.5 Mergers & Acquisitions
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2016-2020)
3.3.2 Key Strategic Move: (Partnerships, Collaborations, and Agreements : 2017, Jan – 2020, May) Leading Players
Chapter 4. Asia Pacific Electric Powertrain Market by Electric Vehicle Type
4.1 Asia Pacific BEV Electric Powertrain Market by Country
4.2 Asia Pacific HEV/PHEV Electric Powertrain Market by Country
Chapter 5. Asia Pacific Electric Powertrain Market by Component
5.1 Asia Pacific Battery Electric Powertrain Market by Country
5.2 Asia Pacific Transmission Electric Powertrain Market by Country
5.3 Asia Pacific Converter Electric Powertrain Market by Country
5.4 Asia Pacific Power Electronics Controller Electric Powertrain Market by Country
5.5 Asia Pacific On-board Charger Electric Powertrain Market by Country
5.6 Asia Pacific Motor/Generator Electric Powertrain Market by Country
5.7 Asia Pacific Others Electric Powertrain Market by Country
Chapter 6. Asia Pacific Electric Powertrain Market by Country
6.1 China Electric Powertrain Market
6.1.1 China Electric Powertrain Market by Electric Vehicle Type
6.1.2 China Electric Powertrain Market by Component
6.2 Japan Electric Powertrain Market
6.2.1 Japan Electric Powertrain Market by Electric Vehicle Type
6.2.2 Japan Electric Powertrain Market by Component
6.3 India Electric Powertrain Market
6.3.1 India Electric Powertrain Market by Electric Vehicle Type
6.3.2 India Electric Powertrain Market by Component
6.4 South Korea Electric Powertrain Market
6.4.1 South Korea Electric Powertrain Market by Electric Vehicle Type
6.4.2 South Korea Electric Powertrain Market by Component
6.5 Singapore Electric Powertrain Market
6.5.1 Singapore Electric Powertrain Market by Electric Vehicle Type
6.5.2 Singapore Electric Powertrain Market by Component
6.6 Malaysia Electric Powertrain Market
6.6.1 Malaysia Electric Powertrain Market by Electric Vehicle Type
6.6.2 Malaysia Electric Powertrain Market by Component
6.7 Rest of Asia Pacific Electric Powertrain Market
6.7.1 Rest of Asia Pacific Electric Powertrain Market by Electric Vehicle Type
6.7.2 Rest of Asia Pacific Electric Powertrain Market by Component
Chapter 7. Company Profiles
7.1 Robert Bosch GmbH
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Segmental and Regional Analysis
7.1.4 Research & Development Expense
7.1.5 Recent strategies and developments:
7.1.5.1 Partnerships, Collaborations, and Agreements:
7.1.5.2 Product Launches and Product Expansions:
7.1.5.3 Business Unit Expansions:
7.1.6 SWOT Analysis
7.2 Mitsubishi Electric Corporation
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Segmental and Regional Analysis
7.2.4 Research & Development Expense
7.2.5 Recent strategies and developments:
7.2.5.1 Partnerships, Collaborations, and Agreements:
7.2.5.2 Geographical Expansions:
7.2.6 SWOT Analysis
7.3 Magna International, Inc.
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Segmental and Regional Analysis
7.3.4 Research & Development Expenses
7.3.5 Recent strategies and developments:
7.3.5.1 Partnerships, Collaborations, and Agreements:
7.3.5.2 Acquisition and Mergers:
7.4 ZF Friedrichshafen AG
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Regional Analysis
7.4.4 Research & Development Expense
7.4.5 Recent strategies and developments:
7.4.5.1 Partnerships, Collaborations, and Agreements:
7.4.5.2 Acquisition and Mergers:
7.4.6 SWOT Analysis
7.5 Valeo SA
7.5.1 Company Overview
7.5.2 Financial Analysis
7.5.3 Segmental and Regional Analysis
7.5.4 Research & Development Expenses
7.5.5 Recent strategies and developments:
7.5.5.1 Partnerships, Collaborations, and Agreements:
7.5.5.2 Acquisition and Mergers:
7.5.5.3 Geographical Expansions:
7.5.6 Swot Analysis
7.6 Nidec Corporation
7.6.1 Company Overview
7.6.2 Financial Analysis
7.6.3 Segmental and Regional Analysis
7.6.4 Research & Development Expense
7.6.5 Recent strategies and developments:
7.6.5.1 Partnerships, Collaborations, and Agreements:
7.6.5.2 Product Launches and Product Expansions:
7.6.5.3 Acquisition and Mergers:
7.6.6 SWOT Analysis
7.7 Continental AG
7.7.1 Company Overview
7.7.2 Financial Analysis
7.7.3 Segmental and Regional Analysis
7.7.4 Research & Development Expense
7.7.5 Recent strategies and developments:
7.7.5.1 Partnerships, Collaborations, and Agreements:
7.7.5.2 Geographical Expansions:
7.7.6 SWOT Analysis
7.8 Hitachi, Ltd.
7.8.1 Company Overview
7.8.2 Financial Analysis
7.8.3 Segmental and Regional Analysis
7.8.4 Research & Development Expenses
7.8.5 Recent strategies and developments:
7.8.5.1 Partnerships, Collaborations, and Agreements:
7.8.5.2 Acquisition and Mergers:
7.8.6 SWOT Analysis
7.9 BorgWarner, Inc.
7.9.1 Company Overview
7.9.2 Financial Analysis
7.9.3 Segmental and Regional Analysis
7.9.4 Research & Development Expenses
7.9.5 Recent strategies and developments:
7.9.5.1 Partnerships, Collaborations, and Agreements:
7.9.5.2 Acquisition and Mergers:
7.1 Schaeffler AG
7.10.1 Company overview
7.10.2 Financial Analysis
7.10.3 Segmental and Regional Analysis
7.10.4 Research & Development Expenses
7.10.5 Recent strategies and developments:
7.10.5.1 Partnerships, Collaborations, and Agreements:
7.10.5.2 Acquisition and Mergers:
7.10.5.3 Product Launches and Product Expansions:
TABLE 1 Asia Pacific Electric Powertrain Market, 2016 - 2019, USD Million
TABLE 2 Asia Pacific Electric Powertrain Market, 2020 - 2026, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Electric Powertrain Market
TABLE 4 Product Launches And Product Expansions– Electric Powertrain Market
TABLE 5 Geographical Expansions– Electric Powertrain Market
TABLE 6 Business Unit Expansions– Electric Powertrain Market
TABLE 7 Mergers & Acquisitions – Electric Powertrain Market
TABLE 8 Asia Pacific Electric Powertrain Market by Electric Vehicle Type, 2016 - 2019, USD Million
TABLE 9 Asia Pacific Electric Powertrain Market by Electric Vehicle Type, 2020 - 2026, USD Million
TABLE 10 Asia Pacific BEV Electric Powertrain Market by Country, 2016 - 2019, USD Million
TABLE 11 Asia Pacific BEV Electric Powertrain Market by Country, 2020 - 2026, USD Million
TABLE 12 Asia Pacific HEV/PHEV Electric Powertrain Market by Country, 2016 - 2019, USD Million
TABLE 13 Asia Pacific HEV/PHEV Electric Powertrain Market by Country, 2020 - 2026, USD Million
TABLE 14 Asia Pacific Electric Powertrain Market by Component, 2016 - 2019, USD Million
TABLE 15 Asia Pacific Electric Powertrain Market by Component, 2020 - 2026, USD Million
TABLE 16 Asia Pacific Battery Electric Powertrain Market by Country, 2016 - 2019, USD Million
TABLE 17 Asia Pacific Battery Electric Powertrain Market by Country, 2020 - 2026, USD Million
TABLE 18 Asia Pacific Transmission Electric Powertrain Market by Country, 2016 - 2019, USD Million
TABLE 19 Asia Pacific Transmission Electric Powertrain Market by Country, 2020 - 2026, USD Million
TABLE 20 Asia Pacific Converter Electric Powertrain Market by Country, 2016 - 2019, USD Million
TABLE 21 Asia Pacific Converter Electric Powertrain Market by Country, 2020 - 2026, USD Million
TABLE 22 Asia Pacific Power Electronics Controller Electric Powertrain Market by Country, 2016 - 2019, USD Million
TABLE 23 Asia Pacific Power Electronics Controller Electric Powertrain Market by Country, 2020 - 2026, USD Million
TABLE 24 Asia Pacific On-board Charger Electric Powertrain Market by Country, 2016 - 2019, USD Million
TABLE 25 Asia Pacific On-board Charger Electric Powertrain Market by Country, 2020 - 2026, USD Million
TABLE 26 Asia Pacific Motor/Generator Electric Powertrain Market by Country, 2016 - 2019, USD Million
TABLE 27 Asia Pacific Motor/Generator Electric Powertrain Market by Country, 2020 - 2026, USD Million
TABLE 28 Asia Pacific Others Electric Powertrain Market by Country, 2016 - 2019, USD Million
TABLE 29 Asia Pacific Others Electric Powertrain Market by Country, 2020 - 2026, USD Million
TABLE 30 Asia Pacific Electric Powertrain Market by Country, 2016 - 2019, USD Million
TABLE 31 Asia Pacific Electric Powertrain Market by Country, 2020 - 2026, USD Million
TABLE 32 China Electric Powertrain Market, 2016 - 2019, USD Million
TABLE 33 China Electric Powertrain Market, 2020 - 2026, USD Million
TABLE 34 China Electric Powertrain Market by Electric Vehicle Type, 2016 - 2019, USD Million
TABLE 35 China Electric Powertrain Market by Electric Vehicle Type, 2020 - 2026, USD Million
TABLE 36 China Electric Powertrain Market by Component, 2016 - 2019, USD Million
TABLE 37 China Electric Powertrain Market by Component, 2020 - 2026, USD Million
TABLE 38 Japan Electric Powertrain Market, 2016 - 2019, USD Million
TABLE 39 Japan Electric Powertrain Market, 2020 - 2026, USD Million
TABLE 40 Japan Electric Powertrain Market by Electric Vehicle Type, 2016 - 2019, USD Million
TABLE 41 Japan Electric Powertrain Market by Electric Vehicle Type, 2020 - 2026, USD Million
TABLE 42 Japan Electric Powertrain Market by Component, 2016 - 2019, USD Million
TABLE 43 Japan Electric Powertrain Market by Component, 2020 - 2026, USD Million
TABLE 44 India Electric Powertrain Market, 2016 - 2019, USD Million
TABLE 45 India Electric Powertrain Market, 2020 - 2026, USD Million
TABLE 46 India Electric Powertrain Market by Electric Vehicle Type, 2016 - 2019, USD Million
TABLE 47 India Electric Powertrain Market by Electric Vehicle Type, 2020 - 2026, USD Million
TABLE 48 India Electric Powertrain Market by Component, 2016 - 2019, USD Million
TABLE 49 India Electric Powertrain Market by Component, 2020 - 2026, USD Million
TABLE 50 South Korea Electric Powertrain Market, 2016 - 2019, USD Million
TABLE 51 South Korea Electric Powertrain Market, 2020 - 2026, USD Million
TABLE 52 South Korea Electric Powertrain Market by Electric Vehicle Type, 2016 - 2019, USD Million
TABLE 53 South Korea Electric Powertrain Market by Electric Vehicle Type, 2020 - 2026, USD Million
TABLE 54 South Korea Electric Powertrain Market by Component, 2016 - 2019, USD Million
TABLE 55 South Korea Electric Powertrain Market by Component, 2020 - 2026, USD Million
TABLE 56 Singapore Electric Powertrain Market, 2016 - 2019, USD Million
TABLE 57 Singapore Electric Powertrain Market, 2020 - 2026, USD Million
TABLE 58 Singapore Electric Powertrain Market by Electric Vehicle Type, 2016 - 2019, USD Million
TABLE 59 Singapore Electric Powertrain Market by Electric Vehicle Type, 2020 - 2026, USD Million
TABLE 60 Singapore Electric Powertrain Market by Component, 2016 - 2019, USD Million
TABLE 61 Singapore Electric Powertrain Market by Component, 2020 - 2026, USD Million
TABLE 62 Malaysia Electric Powertrain Market, 2016 - 2019, USD Million
TABLE 63 Malaysia Electric Powertrain Market, 2020 - 2026, USD Million
TABLE 64 Malaysia Electric Powertrain Market by Electric Vehicle Type, 2016 - 2019, USD Million
TABLE 65 Malaysia Electric Powertrain Market by Electric Vehicle Type, 2020 - 2026, USD Million
TABLE 66 Malaysia Electric Powertrain Market by Component, 2016 - 2019, USD Million
TABLE 67 Malaysia Electric Powertrain Market by Component, 2020 - 2026, USD Million
TABLE 68 Rest of Asia Pacific Electric Powertrain Market, 2016 - 2019, USD Million
TABLE 69 Rest of Asia Pacific Electric Powertrain Market, 2020 - 2026, USD Million
TABLE 70 Rest of Asia Pacific Electric Powertrain Market by Electric Vehicle Type, 2016 - 2019, USD Million
TABLE 71 Rest of Asia Pacific Electric Powertrain Market by Electric Vehicle Type, 2020 - 2026, USD Million
TABLE 72 Rest of Asia Pacific Electric Powertrain Market by Component, 2016 - 2019, USD Million
TABLE 73 Rest of Asia Pacific Electric Powertrain Market by Component, 2020 - 2026, USD Million
TABLE 74 key information – Robert Bosch GmbH
TABLE 75 key information – Mitsubishi Electric Corporation
TABLE 76 Key Information – Magna International, Inc.
TABLE 77 Key Information – ZF Friedrichshafen AG
TABLE 78 key information – Valeo SA
TABLE 79 Key Information – Nidec Corporation
TABLE 80 Key Information – Continental AG
TABLE 81 Key Information – Hitachi, Ltd.
TABLE 82 Key Information – BorgWarner, Inc.
TABLE 83 Key Information – Schaeffler AG
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2016-2020)
FIG 4 Key Strategic Move: (Partnerships, Collaborations, and Agreements : 2017, Jan – 2020, May) Leading Players
FIG 5 Recent strategies and developments: Robert Bosch GmbH
FIG 6 Swot analysis: Robert bosch gmbh
FIG 7 Recent strategies and developments: Mitsubishi Electric Corporation
FIG 8 SWOT Analysis: Mitsubishi Electric Corporation
FIG 9 Recent strategies and developments: Magna International, Inc.
FIG 10 Recent strategies and developments: ZF Friedrichshafen AG
FIG 11 SWOT Analysis: ZF Friedrichshafen AG
FIG 12 Recent strategies and developments: Valeo SA
FIG 13 SWOT Analysis: Valeo SA
FIG 14 Recent strategies and developments: Nidec Corporation
FIG 15 SWOT Analysis: Nidec Corporation
FIG 16 Recent strategies and developments: Continental AG
FIG 17 SWOT Analysis: Continental AG
FIG 18 Recent strategies and developments: Hitachi, Ltd.
FIG 19 SWOT Analysis: Hitachi, ltd.
FIG 20 Recent strategies and developments: BorgWarner, Inc.
FIG 21 Recent strategies and developments: Schaeffler AG