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Last Updated: Apr 26, 2025 | Study Period: 2023-2030
A motor, battery, onboard charger, and an electric power management unit are just a few of the electric power-related components found in EVs (EPCU). All are required components to transform the battery's energy into the kinetic force that moves the EV forward.
Government initiatives to lower pollution from conventional automobiles by promoting electric vehicles are leading to a considerable development of the market for electric vehicle components.
As a result of a major increase in pollution and high gasoline prices, more people are switching to electric vehicles, which is raising the cost of electric vehicle components.
The usage of straightforward DC motors, which reduces the cost of vehicle maintenance, is one of the primary factors influencing the market for electric vehicle components.
The UK EV Components Market accounted for $XX Billion in 2022 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2023 to 2030.
In the UK market, Swindon Powertrain UK has introduced the tiny electric motor Crate, which will produce 80 kW of power for light commercial, recreational, and limited volume sports automobiles.
Manufacturers now frustrated by the paucity of small, high power EV systems available to buy in low numbers will find Swindon Powertrain's High-Power Density (HPD) EV system will smooth the transition.
The electric motor is 600 mm in width, 440 mm in height, and weighs 70 kg. The new motor will support OEMs as they work to electrify new items.
Along with OEMs who may employ it as an e-axle for hybrid passenger vehicle applications, other industries that stand to gain from it include the increasing number of retrofit antique automobiles being converted to EVs.
Ford Motor Company is spending to convert its vehicle transmission factory in Halewood, United Kingdom, into an electric power unit plant, making it Ford's first in-house assembly facility for EV components in Europe.
The investment is subject to approval from the U.K. government through its Automotive Transformation Fund. As a consequence of the investment, 500 local employment in the automotive industry will be preserved.
Power units made at the factory will be used in all-electric passenger and commercial vehicles marketed in Europe, assisting the corporation in achieving its electrification objectives.
| Sl no | Topic |
| 1 | Market Segmentation |
| 2 | Scope of the report |
| 3 | Abbreviations |
| 4 | Research Methodology |
| 5 | Executive Summary |
| 6 | Introduction |
| 7 | Insights from Industry stakeholders |
| 8 | Cost breakdown of Product by sub-components and average profit margin |
| 9 | Disruptive innovation in the Industry |
| 10 | Technology trends in the Industry |
| 11 | Consumer trends in the industry |
| 12 | Recent Production Milestones |
| 13 | Component Manufacturing in US, EU and China |
| 14 | COVID-19 impact on overall market |
| 15 | COVID-19 impact on Production of components |
| 16 | COVID-19 impact on Point of sale |
| 17 | Market Segmentation, Dynamics and Forecast by Geography, 2023-2030 |
| 18 | Market Segmentation, Dynamics and Forecast by Product Type, 2023-2030 |
| 19 | Market Segmentation, Dynamics and Forecast by Application, 2023-2030 |
| 20 | Market Segmentation, Dynamics and Forecast by End use, 2023-2030 |
| 21 | Product installation rate by OEM, 2023 |
| 22 | Incline/Decline in Average B-2-B selling price in past 5 years |
| 23 | Competition from substitute products |
| 24 | Gross margin and average profitability of suppliers |
| 25 | New product development in past 12 months |
| 26 | M&A in past 12 months |
| 27 | Growth strategy of leading players |
| 28 | Market share of vendors, 2023 |
| 29 | Company Profiles |
| 30 | Unmet needs and opportunity for new suppliers |
| 31 | Conclusion |
| 32 | Appendix |
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