Report overview
A reducer for an electric vehicle is provided to reduce the volume of the reducer by transferring the power from an output shaft to a differential device. A reducer for an electric vehicle comprises a motor housing, a reducer housing, an input shaft, an output shaft, and a differential gear. A drive motor is installed in the motor housing. The reducer housing is assembled in one side of the motor housing. The input shaft is the central shaft of the drive motor. The output shaft is arranged in one top or one bottom of the input shaft and is connected to the input shaft through a reduction gear. The differential gear is arranged in one top or one bottom of the output shaft and is connected to the output shaft through a ring gear.
This report aims to provide a comprehensive presentation of the global market for EV Speed Reducer, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding EV Speed Reducer. This report contains market size and forecasts of EV Speed Reducer in global, including the following market information:
Global EV Speed Reducer Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global EV Speed Reducer Market Sales, 2018-2023, 2024-2029, (K Units)
Global top five EV Speed Reducer companies in 2022 (%)
The global EV Speed Reducer market was valued at US$ 351.8 million in 2022 and is projected to reach US$ 1545.3 million by 2029, at a CAGR of 23.5% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The EV speed reducer market is relative concentrated market; key players include Borgwarner, HOTA Industrial, SAGW, GKN, Tsingshan Industry, ZF, Bosch, Zhuzhou Gear, Aichi Machine Industry, Magna International, HYCET E-Chuang, Zhejiang Wanliyang; the revenue of top five manufacturers accounts about 62% of the total revenue in 2019. High end products mainly come from Europe and North America.
China is the largest consumption place as its fast growing electric vehicle industry, with a consumption market share about 52% in 2019. Following China, Europe is the second largest consumption place with the consumption market share is 26%.
The classification of EV Speed Reducer includes single Stage speed reducer and multi stage speed reducer. Generally, most EVs are equipping the single stage type, while multi stage type are mainly used in the PHEV.
We surveyed the EV Speed Reducer manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global EV Speed Reducer Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global EV Speed Reducer Market Segment Percentages, by Type, 2022 (%)
Single Stage Type
Multi Stage Type
Global EV Speed Reducer Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global EV Speed Reducer Market Segment Percentages, by Application, 2022 (%)
BEV
PHEV
Global EV Speed Reducer Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global EV Speed Reducer Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies EV Speed Reducer revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies EV Speed Reducer revenues share in global market, 2022 (%)
Key companies EV Speed Reducer sales in global market, 2018-2023 (Estimated), (K Units)
Key companies EV Speed Reducer sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Borgwarner
HOTA Industrial
SAGW
GKN
Tsingshan Industry
ZF
Bosch
Zhuzhou Gear
Aichi Machine Industry
Magna International
HYCET E-Chuang
Zhejiang Wanliyang
Outline of Major Chapters:
Chapter 1: Introduces the definition of EV Speed Reducer, market overview.
Chapter 2: Global EV Speed Reducer market size in revenue and volume.
Chapter 3: Detailed analysis of EV Speed Reducer manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of EV Speed Reducer in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global EV Speed Reducer capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
