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The automotive electric drivetrain components market has demonstrated exponential growth, rising from $51.11 billion in 2023 to $64.43 billion in 2024, with a CAGR of 26.1%. This growth is attributed to government regulations on emissions. The market is forecasted to reach $150.81 billion in 2028, with a CAGR of 23.7%, driven by technological advancements. Major trends include enhanced energy density and vehicle-to-grid technology.

The automotive electric drivetrain components market is witnessing growth driven by the increasing adoption of electric vehicles worldwide. Electric vehicles utilize electric drivetrain components to convert electrical energy into mechanical energy for propulsion. With sales of electric vehicles doubling in 2021 and reaching 16.5 million globally, as reported by the International Energy Agency, the demand for automotive electric drivetrain components is expected to rise, fueled by the growing preference for zero-emission vehicles.

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What Are The Key Trends That Influence Automotive Electric Drivetrain Components Market Share Analysis?

The automotive electric drivetrain components market is witnessing significant product innovation efforts. For instance, in April 2023, Volkswagen introduced the improved electric vehicle drivetrain APP550, offering enhanced performance and efficiency with improved heat management systems for better temperature control.

Which Market Players Are Driving Growth In The Automotive Electric Drivetrain Components Market?

Major companies operating in the market are Volkswagen AG, Robert Bosch GmbH, Siemens AG, Panasonic Corporation, ZF Friedrichshafen AG, Denso Corporation, Continental AG, Hyundai Mobis, Magna International Inc., Aisin Seiki Co. Ltd, Valeo SA, Eaton Corporation PLC, Hitachi Astemo Ltd., Parker Hannifin Corporation, Schaeffler AG, Schaeffler Technologies AG & Co. KG, Nidec Corporation, BorgWarner Inc., MAHLE GmbH, Infineon Technologies AG, Marelli Holdings Co. Ltd., Dana Incorporated, Hexagon AB, GKN Automotive Limited, JATCO Ltd., Delphi Technologies, The Johnson Electric Group, AVL List Gmbh, Univance Corporation, Hofer Powertrain GmbH.

How Is The Global Automotive Electric Drivetrain Components Market Segmented?

The automotive electric drivetrain components market covered in this report is segmented –

1) By Components: Electric Drive Module, DC or DC Converter, Battery Packs, Thermal System, DC or AC Inverter, Power Distribution Module (PDM), Other Components
2) By Vehicle: Battery Electric Vehicle (BEV), Hybrid Electric Vehicle (HEV), Plug-In Hybrid Electric Vehicle (PHEV), Fuel Cell Electric Vehicle (FCEV)
3) By Sales Channel: Original Equipment Manufacturer (OEM), Aftermarket

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The Automotive Electric Drivetrain Components Global Market Report 2024 provides an overview of the automotive electric drivetrain componentsmarket for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The automotive electric drivetrain components market forecast analyzes automotive electric drivetrain components market size, automotive electric drivetrain components market share, leading competitor and their market positions.

The Table Of Content For The Automotive Electric Drivetrain Components Market Include

1. Automotive Electric Drivetrain Components Market Executive Summary
2. Automotive Electric Drivetrain Components Market Segments
3. Automotive Electric Drivetrain Components Market Size And Template Market Growth Rate
4.  Key Automotive Electric Drivetrain Components Market Trends
5. Major Automotive Electric Drivetrain Components Market Drivers
……
25. Key Mergers And Acquisitions In The Automotive Electric Drivetrain Components Market
26. Top Automotive Electric Drivetrain Components Companies
27. Automotive Electric Drivetrain Components Market Opportunities And Strategies
28. Automotive Electric Drivetrain Components Market, Conclusions And Recommendations
29. Appendix

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