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(Transportation-News.com, March 14, 2018 ) Publisher projects that the Smart e-Drive market size will grow from USD 275.12 Billion in 2017 to USD 1,468.6 Million by 2023, at an estimated CAGR of 32.20%. The base year considered for the study is 2017, and the market size is projected from 2018 to 2023.
The smart e-drive market is projected to grow at a CAGR of 32.20% during the forecast period, to reach USD 1,468.6 Million by 2023. The market is estimated to grow in the near future owing to benefits offered by the smart e-Drive system such as vehicle weight reduction and optimum space utilization, which not only improve the range of electric vehicles but also provide a free hand to automotive designers. The demand for smart e-drive is also projected to be driven by the advancements in future mobility solutions such as smart transportation, integrated mobility solutions, IoT based fleet management, and truck platooning.
By Market Players:
GKN , Magna , Continental , Siemens , Schaeffler , ZF Friedrichshafen , Mahle , Robert Bosch , Borgwarner , Hitachi , Hyundai Mobis , Aisin Seiki , Infineon.
By Product Type:
BEV, HEV, PHEV, Electric Bus, Truck.
By Application:
E-Axle, Wheel Drive.
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Source: EmailWire.Com 
Source: EmailWire.com
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