Global Electric Vehicle Transmission Market 2016-2020

NEW YORK, Feb. 14, 2017 /PRNewswire/ -- About EV Transmission

The popularity of electric vehicles (EVs) as a greener option to curb environmental pollution has shot up in recent times. There has been a shift in public perception from disapproving electric vehicles as costly and inferior in terms of quality such as power, efficiency, and comfort to a more viable option for transportation. Electric cars are powered by electric motors, unlike the internal combustion (IC) engines that run on gasoline or diesel. The electric vehicle gets the energy stored in its batteries, which are rechargeable. Earlier during its launch, electrical vehicles were not widely adopted because of the low driving range and the need to recharge again. The charging stations were slow charging points, which used to take multiple hours to charge the battery.

Technavio's analysts forecast the global EV transmission market to grow at a CAGR of 46.73% during the period 2016-2020.

Covered in this report
The report covers the present scenario and the growth prospects of the global EV transmission market for 2016-2020. To calculate the market size, the report considers the sales volume of the electric vehicles in different regions.

The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA

Technavio's report, Global EV Transmission Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
- GKN
- ZF
- Antonov


Market driver
- Government initiatives to promote electric vehicles
- For a full, detailed list, view our report


Market challenge
- Below par performance of lithium-ion batteries
- For a full, detailed list, view our report


Market trend
- Enhanced range of electric vehicles
- For a full, detailed list, view our report


Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.

Methodology
Research methodology is based on extensive primary and secondary research. Primary research includes in-depth interviews with industry experts, vendors, resellers and customers. Secondary research includes Technavio Platform, industry publications, company reports, news articles, analyst reports, trade associations and the data published by Government agencies.
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