New Energy Vehicle Speed Reducer Market, Global Outlook and Forecast 2023-2028

Report ID: 1185182 | Published Date: Jan 2025 | No. of Page: 77 | Base Year: 2024 | Rating: 5 | Webstory: Check our Web story

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 contains market size and forecasts of New Energy Vehicle Speed Reducer in global, including the following market information:
Global New Energy Vehicle Speed Reducer Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global New Energy Vehicle Speed Reducer Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five New Energy Vehicle Speed Reducer companies in 2021 (%)
The global New Energy Vehicle Speed Reducer market was valued at 282.4 million in 2021 and is projected to reach US$ 1240.6 million by 2028, at a CAGR of 23.5% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Single Stage Type Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of New Energy Vehicle Speed Reducer include Borgwarner, HOTA Industrial, SAGW, GKN, Tsingshan Industry, ZF, Bosch, Zhuzhou Gear and Aichi Machine Industry, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the New Energy Vehicle 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 New Energy Vehicle Speed Reducer Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global New Energy Vehicle Speed Reducer Market Segment Percentages, by Type, 2021 (%)
Single Stage Type
Multi Stage Type
Global New Energy Vehicle Speed Reducer Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global New Energy Vehicle Speed Reducer Market Segment Percentages, by Application, 2021 (%)
PHEV
BEV
Global New Energy Vehicle Speed Reducer Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global New Energy Vehicle Speed Reducer Market Segment Percentages, By Region and Country, 2021 (%)
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 New Energy Vehicle Speed Reducer revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies New Energy Vehicle Speed Reducer revenues share in global market, 2021 (%)
Key companies New Energy Vehicle Speed Reducer sales in global market, 2017-2022 (Estimated), (K Units)
Key companies New Energy Vehicle Speed Reducer sales share in global market, 2021 (%)
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

Frequently Asked Questions
New Energy Vehicle Speed Reducer Market report offers great insights of the market and consumer data and their interpretation through various figures and graphs. Report has embedded global market and regional market deep analysis through various research methodologies. The report also offers great competitor analysis of the industries and highlights the key aspect of their business like success stories, market development and growth rate.
New Energy Vehicle Speed Reducer Market report is categorised based on following features:
  1. Global Market Players
  2. Geopolitical regions
  3. Consumer Insights
  4. Technological advancement
  5. Historic and Future Analysis of the Market
New Energy Vehicle Speed Reducer Market report is designed on the six basic aspects of analysing the market, which covers the SWOT and SWAR analysis like strength, weakness, opportunity, threat, aspirations and results. This methodology helps investors to reach on to the desired and correct decision to put their capital into the market.

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