Driveline Market Size for Electric and Hybrid Vehicles worth USD 63.32 Billion by 2025
![Driveline Market](https://www.marketsandmarketsblog.com/wp-content/uploads/2024/07/Driveline-Market-100x100.jpg)
The driveline market for electric and hybrid vehicles is projected to grow from USD 18.14 Billion in 2017 to USD 63.32 Billion by 2025, at a CAGR of 16.92%.
The market is projected to grow due to key reasons such as increasing demand for electric and hybrid vehicle and advancement in driveline technologies such as E-CVT and E-axle.
In power electronics, power control unit (PCU) is expected to...
Accelerating Growth: The Driveline Market Outlook
![Driveline Market](https://www.marketsandmarketsblog.com/wp-content/uploads/2023/04/Driveline-Market-100x100.jpg)
The driveline market for electric and hybrid vehicles is projected to grow from USD 18.14 Billion in 2017 to USD 63.32 Billion by 2025, at a CAGR of 16.92%.
The market is projected to grow due to key reasons such as increasing demand for electric and hybrid vehicle and advancement in driveline technologies such as E-CVT and E-axle.
Government subsidies, large production, and technological advancement...
Driveline Market Trends and Industry Forecast to 2025
![Driveline Market](https://www.marketsandmarketsblog.com/wp-content/uploads/2023/01/Driveline-Market-100x100.jpg)
The driveline market for electric and hybrid vehicles is projected to grow from USD 18.14 Billion in 2017 to USD 63.32 Billion by 2025, at a CAGR of 16.92%.
The market is projected to grow due to key reasons such as increasing demand for electric and hybrid vehicle and advancement in driveline technologies such as E-CVT and E-axle.
In power electronics, power control unit (PCU) is expected to...