Global EV Speed Reducer Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029

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.
According to our (Global Info Research) latest study, the global EV Speed Reducer market size was valued at USD 351.8 million in 2022 and is forecast to a readjusted size of USD 1545.3 million by 2029 with a CAGR of 23.5% during review 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.
This report is a detailed and comprehensive analysis for global EV Speed Reducer market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.
Key Features:
Global EV Speed Reducer market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2018-2029
Global EV Speed Reducer market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2018-2029
Global EV Speed Reducer market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2018-2029
Global EV Speed Reducer market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (USD/Unit), 2018-2023
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for EV Speed Reducer
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global EV Speed Reducer market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Borgwarner, HOTA Industrial, SAGW, GKN and Tsingshan Industry, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.
Market Segmentation
EV Speed Reducer market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
    Single Stage Type
    Multi Stage Type
Market segment by Application
    BEV
    PHEV
Major players covered
    Borgwarner
    HOTA Industrial
    SAGW
    GKN
    Tsingshan Industry
    ZF
    Bosch
    Zhuzhou Gear
    Aichi Machine Industry
    Magna International
    HYCET E-Chuang
    Zhejiang Wanliyang
Market segment by region, regional analysis covers
    North America (United States, Canada and Mexico)
    Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
    Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
    South America (Brazil, Argentina, Colombia, and Rest of South America)
    Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe EV Speed Reducer product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of EV Speed Reducer, with price, sales, revenue and global market share of EV Speed Reducer from 2018 to 2023.
Chapter 3, the EV Speed Reducer competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the EV Speed Reducer breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and EV Speed Reducer market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.
Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.
Chapter 13, the key raw materials and key suppliers, and industry chain of EV Speed Reducer.
Chapter 14 and 15, to describe EV Speed Reducer sales channel, distributors, customers, research findings and conclusion.