HIGH VOLTAGE E-AXLE MARKET

KEY FINDINGS

• The increasing adoption of EVs worldwide is driving the demand for e-axle systems, including high-voltage variants. This is due to the need for efficient and compact drivetrain solutions in EVs.
• The Asia-Pacific region, particularly China, is a significant market for high-voltage e-axles due to the growing adoption of EVs in the region and the presence of major automotive manufacturers
• Europe and North America are also significant markets, driven by stricter emissions regulations and consumer demand for eco-friendly vehicles.
• There is a trend towards the adoption of higher voltage systems (above 800V) in EVs, as they offer improved range, efficiency, and faster charging capabilities. This shift is creating new opportunities for high voltage e-axle manufacturers.
• The growing popularity of all-wheel-drive (AWD) EVs, particularly in luxury and performance segments, is driving the demand for high voltage e-axles with advanced torque vectoring capabilities
• The high voltage e-axle market is relatively consolidated, with a few major players, such as Nidec, ZF Friedrichshafen AG, Robert Bosch GmbH, GKN Automotive Limited, and Dana Incorporated, holding significant market shares.
• Manufacturers are focusing on developing highly integrated and modular e-axle systems that combine multiple components into a single compact unit. This trend towards integration and modularization aims to reduce complexity, improve efficiency, and simplify the manufacturing process.
• There is an increasing demand for high-voltage e-axle systems with advanced torque vectoring capabilities, especially in the luxury and performance segments of the EV market.
• Additionally, the popularity of all-wheel-drive (AWD) EVs is driving the demand for e-axle systems that can provide efficient power distribution to all wheels, which hence increasing the demand for high-voltage E-axel
• Manufacturers are focusing on developing lightweight and compact e-axle systems to improve vehicle efficiency and range, which tends increasing the overall vehicle efficiency and hence increase the overall demand of high-voltage e-axle systems

HIGH VOLTAGE E-AXLE MARKET OVERVIEW

The global high-voltage e-axle market has been witnessing significant growth in recent years, driven by the increasing adoption of electric vehicles (EVs) and hybrid electric vehicles (HEVs) worldwide. A high voltage e-axle is an integrated electric drivetrain system that combines an electric motor, power electronics, and gearbox into a single unit, operating at voltage levels above 400V, typically between 400V and 800V.

Geographically, the Asia-Pacific region, led by China, is the largest and fastest-growing market due to the rapid adoption of EVs and the presence of major automotive manufacturers. Europe and North America are also significant markets, driven by stringent emissions regulations and consumer demand for eco-friendly vehicles.

INTRODUCTION TO HIGH VOLTAGE E-AXLE MARKET

An eAxle is an electric drive system that integrates the necessary components required to propel a vehicle while utilizing a traditional axle structure. With gearing designed to handle high motor torque and high amounts of brake regeneration, eAxles – like the scalable Accelera offerings – can be adapted to fit various needs based on a vehicle’s application, duty cycle, and regional requirements and duty cycle. 

eAxles take energy from battery-powered motors, which commonly use lithium-ion (Li-ion) batteries. Axles typically have one motor but, depending on how large the axle is, may have two to ensure they can deliver a sufficiently high level of energy. The latest generation of eAxles have components like the motor and transmission incorporated into one, which can weigh much less as a whole than the three separate parts. 

TRENDS IN HIGH VOLTAGE E-AXLE MARKET

• Torque vectoring and all-wheel-drive capabilities: There is an increasing demand for e-axle systems with advanced torque vectoring capabilities, especially in the luxury and performance segments of the EV market. Additionally, the popularity of all-wheel-drive (AWD) EVs is driving the demand for e-axle systems that can provide efficient power distribution to all wheels.
• Integration and modularization: Manufacturers are focusing on developing highly integrated and modular e-axle systems that combine multiple components into a single compact unit. This trend towards integration and modularization aims to reduce complexity, improve efficiency, and simplify the manufacturing process.
• Shift towards higher voltage systems: There is a growing trend towards the adoption of higher voltage systems (above 800V) in electric vehicles. These higher voltage systems offer improved range, efficiency, and faster charging capabilities. As a result, e-axle manufacturers are developing high voltage systems that can operate at these higher voltage levels, creating new opportunities in the market.

HIGH VOLTAGE E-AXLE MARKET SIZE AND FORECASTING

The Global high-voltage e-axles market accounted for $XX Billion in 2023 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.

HIGH VOLTAGE E-AXLE MARKET NEW PRODUCT DEVELOPMENTS

ZF Unveiled Next Generation AxTrax 2 LF Low-Floor Electric Axle for City Buses. AxTrax 2 LF offers a compact and light system with integrated electric wheel hub drive. Leveraging ZF Group’s in-house developed innovative electric drive platform, AxTrax 2 LF provides optimized performance and efficiency for battery electric, fuel cell and trolley buses

Nidec Corporation launched new product lineup of second-generation (Gen. 2) high-voltage e-axles, the 180kW model and the 250kW model. With the use of high-slot-filling wire-winding technology, improved output achieved by a new magnet layout, and improved cooling efficiency achieved by optimizing the oil-cooling system, the Gen. 2 models boast compact sizes, light weights, and a dramatically reduced use of heavy rare-earth magnets.

Compared with the 150kW Gen. 1 product, the 180kW model is 17% smaller in volume, while the 250kW model, which newly uses SiC on its inverter, is capable of handling a high bus voltage of 800V. These features of the new models greatly contribute to improving the power, electric power consumption, and noise and vibration performance of the vehicle, and reducing its weight.

Vitesco Technologies has launched EMR3 high-voltage e-axles drive.It delivers a continuous output power of 60 kW and a peak output power of 150 kW. This e-axle driver provides a peak torque of 310 Nm (motor) and 2700 Nm (wheel) and has a speed of up to 1350 rpm. It consists of a power electronic inverter, an electrical machine (PSM), and a third-generation single-gear reducer.

HIGH VOLTAGE E-AXLE MARKET SEGMENTATIONS

By Geography

• US
• Europe
• China
• Asia Ex China
• ROW

By Vehicle type

• BEV
• PHEV

By vehicle use

• Passenger vehicle 
• Commercial vehicle

By Transmission

• Single speed
• Multi speed

HIGH VOLTAGE E-AXLE MARKET COMPANY PROFILES

• Bosch Mobility
• Accelera by Cummins
• ZF Friedrichshafen AG
• Vitesco Technologies
• Velo
• SEG Automotive 
• Nidec Corporation

THIS REPORT WILL ANSWER THE FOLLOWING QUESTIONS

1. How many high-voltage E-axles are manufactured per annum globally? Who are the sub-component suppliers in different regions?
2. Cost breakup of a Global high-voltage E-axles and key vendor selection criteria
3. Where is the high-voltage E-axles manufactured? What is the average margin per unit?
4. Market share of Global high-voltage E-axles market manufacturers and their upcoming products
5. Cost advantage for OEMs who manufacture high-voltage E-axles in-house
6. key predictions for next 5 years in Global high-voltage E-axles market
7. Average B-2-B high-voltage E-axles market price in all segments
8. Latest trends in the high-voltage E-axles market, by every market segment
9. The market size (both volume and value) of the high-voltage E-axles market in 2024-2030 and every year in between?
10. Production breakup of high-voltage E-axles market, by suppliers and their OEM relationship