Electric Powertrain Market Size & Share Report, 2027
The global electric powertrain market size is projected to reach USD 191.4 billion by 2027 from an estimated USD 62.9 billion in 2019, at a CAGR of 14.9% The growth of the global electric powertrain market is influenced by factors such as stringency in emission norms, government initiatives toward popularizing electric vehicles, and developments in various powertrain components. Therefore, the electric...
Electric Powertrain Market – Trends & Scenario (2020–2027)
The global Electric Powertrain Market size is projected to reach USD 191.4 billion by 2027 from an estimated USD 62.9 billion in 2019, at a CAGR of 14.9%, driven by developments in electric powertrain technologies. For instance, Continental presented a 48V high power drive system of 30 kW to power full hybrid vehicles. This new system comprises of an electric motor with integrated power electronics...