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Europe Electric Drive Unit Market Share

  • Report ID: GMI8649
  • Published Date: Mar 2024
  • Report Format: PDF

Europe Electric Drive Unit Market Share

GKN Automotive Limited, hofer powertrain, Magna International Inc., Vitesco Technologies GmbH, and DANA TM4 INC. holds a major share in the Europe EDU market. These companies prioritize strategic partnerships, the introduction of new vehicle types, and post-market strategies to expand their market presence. Additionally, they allocate substantial investments towards research endeavors focused on introducing innovative vehicle types, ultimately aiming to optimize revenue within the industry.

Europe Electric Drive Unit Market Companies

Major players operating in the European electric drive unit industry are:

  • Aisin Corporation
  • AVL
  • BorgWarner Inc.
  • C.F.R. Srl.
  • ElringKlinger AG
  • Equipmake
  • FRIWO Gerätebau GmbH
  • GKN Automotive Limited
  • hofer powertrain
  • Integral Powertrain Limited
  • LG Magna e-Powertrain
  • Magna International Inc.
  • Magnetic Systems Technology Limited
  • MAHLE Polska Sp. z o.o
  • Nidec Corporation
  • Punch Powertrain nv
  • Robert Bosch GmbH
  • Saietta Group
  • Schaeffler AG
  • Vitesco Technologies GmbH
  • Voith GmbH & Co. KGaA
  • ZF Friedrichshafen AG
  • Zytek Automotive Ltd.
Authors: Ankit Gupta, Shashank Sisodia

Frequently Asked Questions (FAQ) :

The European market for electric drive unit was reached USD 5.4 billion in 2023 and is envisioned to record a CAGR of 23.1% through 2032, attributed to rising adoption of electric vehicles along with increasing focus on EV performance & efficiency.

The BEV segment of Europe electric drive unit market is anticipated to surpass USD 18.1 billion by 2032, driven by increasing production capacity and enhancing battery technology.

Germany electric drive unit market revenue is estimated to exceed USD 10.1 billion by 2032, favored by government support for the adoption of EVs.

Aisin Corporation, AVL, BorgWarner Inc., C.F.R. Srl., DANA TM4 INC., ElringKlinger AG, Equipmake, FRIWO Gerätebau GmbH, GKN Automotive Limited, hofer powertrain, Integral Powertrain Limited, LG Magna e-Powertrain, Magna International Inc, Magnetic Systems Technology Limited, MAHLE Polska Sp. z o.o, Nidec Corporation, Punch Powertrain NV, and Robert Bosch GmbH.

Europe Electric Drive Unit Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 24
  • Tables & Figures: 410
  • Countries covered: 10
  • Pages: 320
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