Driveline Market For Electric & Hybrid Vehicle Market: Exploring Opportunities Through Market Share And Growth ProjectioPosted by Kumar on May 22nd, 2023 Global Driveline Market for Electric & Hybrid Vehicle Market is projected to grow at a significant CAGR during the forecast period. Stringent emission regulations set by the governments are force OEM’s to adopt the hybrid and electric vehicle technology which is positively impacting the growth of the market. Moreover, increasing demand for better fuel efficiency and increasing sales of electric & hybrid vehicles are expected to push the driveline market for electric & hybrid vehicle in the coming years. However, novel COVID-19 disease is resulting in low vehicle sales which might hamper the growth of the market in 2021. In terms of regional analysis, APAC is expected to be the largest market of driveline market for electric & hybrid vehicle market during the forecast period due to heavy production and sales of hybrid and electric vehicles and the rising per capita income. Browse Full Report- https://www.techsciresearch.com/report/driveline-market-for-electric-and-hybrid-vehicle-market/2240.html Some of the major players operating in Global Driveline Market for Electric & Hybrid Vehicle Market are GKN PLC, Valeo, Hitachi Ltd, Denso Corporation, Continental AG, Robert Bosch GMBH, Borg Warner, Inc, Delphi Technologies, ZF Friedrichshafen AG, Schaeffler AG. Major companies are developing advanced technologies and launching new products to stay competitive in the market. Other competitive strategies include mergers & acquisitions and new product developments. Years considered for this report: Historical Years: 2016-2019 Base Year: 2020 Estimated Year: 2021 Forecast Period: 2022–2026 Objective of the Study:
TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analysed the service offerings, distribution channels and presence of all major collaboration manufacturers across the globe. TechSci Research calculated the market size of Global Driveline Market for Electric & Hybrid Vehicle using a bottom-up approach, where data for various end user industries and its application across various product types were recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analysing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company website, news articles, press releases, company annual reports, investor presentations and financial reports were also used by TechSci Research. Key Target Audience:
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as collaboration service providers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities. Download the Sample Report Here - https://www.techsciresearch.com/sample-report.aspx?cid=2240 Like it? Share it! More by this author |