The North America Electric Powertrain Market would witness market growth of 14.1% CAGR during the forecast period (2020-2026). Electric cars are the next wave of automobiles and are witnessing a massive growth in their adoption around the globe. EVs are the future of the automotive market when fossil fuels are projected to deplete over the coming years. The additional energy is then required to drive the vehicles, and the solution to this issue is the battery-powered automobiles. Many nations have introduced tougher measures to promote the introduction of alternative fuel vehicles, such as electric vehicles.
Technological advancement in battery production technology has made electric vehicles more competitive and conventional ICE vehicles more competitive. Batteries comprise a significant cost item for electric vehicles and their costs have decreased significantly due to optimization of the production process, technological advancement and economies of scale. With prices expected to decline over the forecast period, the EVs would have reached the parity of Total Cost Ownership (TCO) that would enable the mass market penetration of electric vehicles.
The Electric Powertrain market is experiencing tremendous growth due to environmental degradation and the imposition of strict government regulations on toxic emissions. In addition, the growing demand and output of electric vehicles in the automotive industry are further factors driving the growth of the business. Moreover, the rapidly increasing demand for enhanced driving experience and a lightweight driving shaft contribute to accelerating the growth of the market. Nevertheless, the unavailability of the electrical charging infrastructure and the technological development of conventional engines are expected to hinder the growth of the market.
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 U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: Electric Powertrain Market in North America is expected to register a CAGR of 14.1% 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 North America 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
- US
- Canada
- Mexico
- Rest of North America
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 North America Electric Powertrain Market, by Electric Vehicle Type
1.4.2 North America Electric Powertrain Market, by Component
1.4.3 North America 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. North America Electric Powertrain Market by Electric Vehicle Type
4.1 North America BEV Electric Powertrain Market by Country
4.2 North America HEV/PHEV Electric Powertrain Market by Country
Chapter 5. North America Electric Powertrain Market by Component
5.1 North America Battery Electric Powertrain Market by Country
5.2 North America Transmission Electric Powertrain Market by Country
5.3 North America Converter Electric Powertrain Market by Country
5.4 North America Power Electronics Controller Electric Powertrain Market by Country
5.5 North America On-board Charger Electric Powertrain Market by Country
5.6 North America Motor/Generator Electric Powertrain Market by Country
5.7 North America Others Electric Powertrain Market by Country
Chapter 6. North America Electric Powertrain Market by Country
6.1 US Electric Powertrain Market
6.1.1 US Electric Powertrain Market by Electric Vehicle Type
6.1.2 US Electric Powertrain Market by Component
6.2 Canada Electric Powertrain Market
6.2.1 Canada Electric Powertrain Market by Electric Vehicle Type
6.2.2 Canada Electric Powertrain Market by Component
6.3 Mexico Electric Powertrain Market
6.3.1 Mexico Electric Powertrain Market by Electric Vehicle Type
6.3.2 Mexico Electric Powertrain Market by Component
6.4 Rest of North America Electric Powertrain Market
6.4.1 Rest of North America Electric Powertrain Market by Electric Vehicle Type
6.4.2 Rest of North America 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 North America Electric Powertrain Market, 2016 - 2019, USD Million
TABLE 2 North America 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 North America Electric Powertrain Market by Electric Vehicle Type, 2016 - 2019, USD Million
TABLE 9 North America Electric Powertrain Market by Electric Vehicle Type, 2020 - 2026, USD Million
TABLE 10 North America BEV Electric Powertrain Market by Country, 2016 - 2019, USD Million
TABLE 11 North America BEV Electric Powertrain Market by Country, 2020 - 2026, USD Million
TABLE 12 North America HEV/PHEV Electric Powertrain Market by Country, 2016 - 2019, USD Million
TABLE 13 North America HEV/PHEV Electric Powertrain Market by Country, 2020 - 2026, USD Million
TABLE 14 North America Electric Powertrain Market by Component, 2016 - 2019, USD Million
TABLE 15 North America Electric Powertrain Market by Component, 2020 - 2026, USD Million
TABLE 16 North America Battery Electric Powertrain Market by Country, 2016 - 2019, USD Million
TABLE 17 North America Battery Electric Powertrain Market by Country, 2020 - 2026, USD Million
TABLE 18 North America Transmission Electric Powertrain Market by Country, 2016 - 2019, USD Million
TABLE 19 North America Transmission Electric Powertrain Market by Country, 2020 - 2026, USD Million
TABLE 20 North America Converter Electric Powertrain Market by Country, 2016 - 2019, USD Million
TABLE 21 North America Converter Electric Powertrain Market by Country, 2020 - 2026, USD Million
TABLE 22 North America Power Electronics Controller Electric Powertrain Market by Country, 2016 - 2019, USD Million
TABLE 23 North America Power Electronics Controller Electric Powertrain Market by Country, 2020 - 2026, USD Million
TABLE 24 North America On-board Charger Electric Powertrain Market by Country, 2016 - 2019, USD Million
TABLE 25 North America On-board Charger Electric Powertrain Market by Country, 2020 - 2026, USD Million
TABLE 26 North America Motor/Generator Electric Powertrain Market by Country, 2016 - 2019, USD Million
TABLE 27 North America Motor/Generator Electric Powertrain Market by Country, 2020 - 2026, USD Million
TABLE 28 North America Others Electric Powertrain Market by Country, 2016 - 2019, USD Million
TABLE 29 North America Others Electric Powertrain Market by Country, 2020 - 2026, USD Million
TABLE 30 North America Electric Powertrain Market by Country, 2016 - 2019, USD Million
TABLE 31 North America Electric Powertrain Market by Country, 2020 - 2026, USD Million
TABLE 32 US Electric Powertrain Market, 2016 - 2019, USD Million
TABLE 33 US Electric Powertrain Market, 2020 - 2026, USD Million
TABLE 34 US Electric Powertrain Market by Electric Vehicle Type, 2016 - 2019, USD Million
TABLE 35 US Electric Powertrain Market by Electric Vehicle Type, 2020 - 2026, USD Million
TABLE 36 US Electric Powertrain Market by Component, 2016 - 2019, USD Million
TABLE 37 US Electric Powertrain Market by Component, 2020 - 2026, USD Million
TABLE 38 Canada Electric Powertrain Market, 2016 - 2019, USD Million
TABLE 39 Canada Electric Powertrain Market, 2020 - 2026, USD Million
TABLE 40 Canada Electric Powertrain Market by Electric Vehicle Type, 2016 - 2019, USD Million
TABLE 41 Canada Electric Powertrain Market by Electric Vehicle Type, 2020 - 2026, USD Million
TABLE 42 Canada Electric Powertrain Market by Component, 2016 - 2019, USD Million
TABLE 43 Canada Electric Powertrain Market by Component, 2020 - 2026, USD Million
TABLE 44 Mexico Electric Powertrain Market, 2016 - 2019, USD Million
TABLE 45 Mexico Electric Powertrain Market, 2020 - 2026, USD Million
TABLE 46 Mexico Electric Powertrain Market by Electric Vehicle Type, 2016 - 2019, USD Million
TABLE 47 Mexico Electric Powertrain Market by Electric Vehicle Type, 2020 - 2026, USD Million
TABLE 48 Mexico Electric Powertrain Market by Component, 2016 - 2019, USD Million
TABLE 49 Mexico Electric Powertrain Market by Component, 2020 - 2026, USD Million
TABLE 50 Rest of North America Electric Powertrain Market, 2016 - 2019, USD Million
TABLE 51 Rest of North America Electric Powertrain Market, 2020 - 2026, USD Million
TABLE 52 Rest of North America Electric Powertrain Market by Electric Vehicle Type, 2016 - 2019, USD Million
TABLE 53 Rest of North America Electric Powertrain Market by Electric Vehicle Type, 2020 - 2026, USD Million
TABLE 54 Rest of North America Electric Powertrain Market by Component, 2016 - 2019, USD Million
TABLE 55 Rest of North America Electric Powertrain Market by Component, 2020 - 2026, USD Million
TABLE 56 key information – Robert Bosch GmbH
TABLE 57 key information – Mitsubishi Electric Corporation
TABLE 58 Key Information – Magna International, Inc.
TABLE 59 Key Information – ZF Friedrichshafen AG
TABLE 60 key information – Valeo SA
TABLE 61 Key Information – Nidec Corporation
TABLE 62 Key Information – Continental AG
TABLE 63 Key Information – Hitachi, Ltd.
TABLE 64 Key Information – BorgWarner, Inc.
TABLE 65 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