Smart Electric Drive Market Surge to reach $4,245 million by 2026
The global smart electric drive market size is projected to grow from USD 915 million in 2021 to USD 4,245 million by 2026, at a CAGR of 35.9%.
The growth of the market is influenced by factors such as increasing demand for electric vehicles around the world, growing demand for smart electric drive equipment due to their higher vehicle efficiency, lower parts weight and compact size of assembly....
Smart Electric Drive Market – Trends & Scenario (2021–2026)
The report “Smart Electric Drive Market by Vehicle Type (PC, CV, 2W), EV Type (BEV, PHEV, HEV), Component (Power Electronics, E-Brake Booster, Inverter, Motor, Battery), Application (E-Axle, Wheel Drive), Drive (FWD, RWD, AWD), and Region – Global Forecast to 2026″, The global smart electric drive market size is projected to grow from USD 915 million in 2021 to USD 4,245 million...
Smart Electric Drive Market Competitive Analysis with Growth Forecast Till 2022
The report “Smart Electric Drive Market by Vehicle Type (BEV, HEV, PHEV, Electric Bus, Truck), Component (Power Electronics, E-Brake Booster, Inverter, Motor, Battery), Application (E-Axle, Wheel Drive), Drive (FWD, RWD, AWD), and Region – Global Forecast to 2022″, The smart electric drive market for automotive, by value, is projected to grow at a CAGR of 32.00% from 2017 to 2022,...