전기 파워트레인 시장 규모는 2024년에 857억 1,000만 달러로 평가되었고, 2026-2032년 13.20%의 연평균 복합 성장률(CAGR)로 성장할 전망이며, 2032년에는 2,117억 달러에 달할 것으로 예측됩니다.
전기 파워트레인이란, 전기자동차(EV) 및 하이브리드 전기자동차(HEV)의 바퀴에 동력을 발생 및 분배하는 시스템 전체를 말합니다. 가솔린 및 디젤을 연료로 하는 기존 내연 엔진 차량과 달리 전기 파워트레인은 충전식 배터리로 구동하는 전기 모터를 사용합니다. 전기 파워트레인은 전기모터, 배터리팩, 파워일렉트로닉스, 트랜스미션 시스템의 4가지 주요 구성 요소로 구성되어 있습니다.
전기 파워트레인은 다양한 산업에서 급속히 용도가 넓어져 운송과 에너지 효율을 근본적으로 바꾸고 있습니다. 자동차 업계에서는 전기 파워트레인은 전기차(EV), 하이브리드 전기차(HEV), 플러그인 하이브리드 전기차에서 일반적으로 볼 수 있습니다. 일반적인 내연 엔진과 비교하면 이러한 기술은 더 높은 연료 효율, 저배출 가스, 뛰어난 성능을 제공합니다.
전기 파워트레인의 미래는 기술, 효율, 용도의 큰 진보와 함께 밝습니다. 지속적인 연구 개발로 더 높은 에너지 밀도, 더 빠른 충전 시간, 더 높은 안전성을 제공할 수 있는 고체 전지 등의 전지 기술이 발전할 가능성이 높습니다. 전 세계 정부가 보다 강력한 배출 규제를 부과하고 깨끗한 대체 에너지 사용을 장려함에 따라 전기 파워트레인에 대한 수요는 확대될 것으로 보입니다.
세계의 전기 파워트레인 시장을 형성하는 주요 시장 역학은 다음과 같습니다.
주요 시장 성장 촉진요인 :
전기자동차(EV) 수요 증가 : 환경문제에 대한 의식이 높아지고 온실가스 배출을 최소화할 필요성이 높아짐에 따라 전기자동차에 대한 소비자의 관심이 높아지고 있습니다. 세계 각국 정부는 엄격한 공해 규제를 제정하고 세금 공제와 보조금 등 전기차 도입을 위한 인센티브를 제공하고 있습니다.
배터리 기술의 진보 : 배터리 기술의 끊임없는 진보는 전기 파워트레인의 성능, 항속 거리, 가격을 향상시킵니다. 에너지 밀도, 충전 속도, 배터리 수명의 향상에 의해 전기자동차는 구매자에게 보다 매력적인 것이 되고 있습니다. 고체 전지나 그 외의 차세대 기술의 개발은 효율과 안전성의 한층 더 향상을 약속하며, 시장의 성장을 뒷받침합니다.
정부의 이니셔티브와 정책 : 세계 각국의 정부는 다양한 이니셔티브를 통해 전동 이동성으로의 전환을 적극적으로 추진하고 있습니다. 배출량 목표나 연비 기준 등, 이산화탄소 배출량의 삭감을 목표로 하는 정책이, 자동차 제조업체를 전동 파워트레인에의 투자에 몰고 있습니다. 또한 많은 정부가 내연기관을 단계적으로 폐지하는 야심찬 목표를 설정하고 있어 전동 파워트레인의 개발과 보급을 촉진하는 환경이 조성되고 있습니다.
주요 과제
높은 비용 : 전기 파워트레인의 보급을 막는 주요 요인 중 하나는 배터리와 관련 부품의 높은 비용입니다. 가격은 해마다 떨어지고 있지만 전기자동차(EV)의 초기 투자액은 일반 내연기관차(ICE)보다 아직 높습니다.
제한된 충전 인프라: 또 하나의 큰 문제는 적절한 충전 인프라의 부족입니다. 항속 거리에 대한 불안, 충전소에 도착하기 전에 에너지 부족이 될 가능성을 우려해, EV에의 환승을 주저하는 사람이 많습니다. 광범위하고 신뢰성이 높은 충전 네트워크를 구축하는 것은 이러한 우려를 해소하고 전기 파워트레인의 이용을 촉진하는데 매우 중요합니다.
기술적 제약 : 배터리 기술이 진보하는 한편, 전기 파워트레인은 기존의 자동차와 비교했을 경우 에너지 밀도, 충전 속도, 전체적인 효율이라는 점에서 계속 제약이 있습니다. 현재의 배터리 기술로는 항속거리나 빠른 연료 보급이 불가능할 수 있으며, 이것이 시장의 수용성을 제한하고 있습니다.
주요 동향 :
자동차 전동화의 진전 : 세계 각국 정부가 배출가스 규제를 강화하고 지속가능성을 추진하는 가운데 자동차의 전동화가 가속화되고 있습니다. 이 동향은, 전기 자동차(EV), 하이브리드 전기 자동차(HEV), 플러그 인 하이브리드 전기 자동차(PHEV)의 생산 대수의 증가에 반영되고 있습니다.
배터리 기술의 진보 : 배터리 기술의 끊임없는 혁신은 전기 파워트레인의 성능 향상에 필수적입니다. 고체 배터리, 리튬 실리콘 배터리 및 강화형 배터리 관리 시스템은 에너지 밀도를 향상시키고 충전 시간을 단축하고 배터리 수명을 연장하고 있습니다. 이러한 개발은, 소비자의 항속 거리 불안을 경감시켜, 전기 자동차를 보다 바람직한 것으로 만드는 데 일조합니다.
신재생 에너지원 통합 : 신재생 에너지원을 전기 파워트레인에 통합하는 것은 일반적으로 되고 있습니다. 자동차 제조사와 에너지 기업은 전기차 충전에 태양 에너지와 풍력 에너지를 이용하는 방법을 검토하고 있으며, 보다 지속 가능한 에코시스템 구축에 기여하고 있습니다.
Electric Powertrain Market size was valued at USD 85.71 Billion in 2024 and is projected to reach USD 211.7 Billion by 2032, growing at a CAGR of 13.20% from 2026 to 2032.
An electric powertrain is the entire system that generates and distributes power to the wheels of electric vehicles (EVs) and hybrid electric vehicles (HEVs). Unlike conventional internal combustion engine vehicles which run on gasoline or diesel, electric powertrains use electric motors driven by rechargeable batteries. An electric powertrain is made up of four main components: the electric motor, battery pack, power electronics, and the transmission system.
Electric powertrains are quickly finding applications in a variety of industries, radically changing transportation and energy efficiency. In the automotive industry, electric powertrains are generally found in electric cars (EVs), hybrid electric vehicles (HEVs), and plug-in hybrid electric vehicles. When compared to typical internal combustion engines, these technologies provide higher fuel efficiency, lower emissions, and better performance.
The future of electric powertrains is bright with major advances in technology, efficiency, and applications. Continued research and development are likely to result in advances in battery technology such as solid-state batteries, which can provide higher energy densities, faster charging times, and increased safety. As governments throughout the world impose stronger emission rules and incentivize the use of clean energy alternatives, the demand for electric powertrains will grow.
The key market dynamics that are shaping the global electric powertrain market include:
Key Market Drivers:
Rising Demand for Electric Vehicles (EVs): Consumer interest in electric vehicles has increased as people become more conscious of environmental issues and the need to minimize greenhouse gas emissions. Governments throughout the world are enacting strict pollution restrictions and offering incentives for EV adoption, including tax credits and subsidies.
Battery Technology Advancements: Continuous progress in battery technology improves electric powertrain performance, range, and price. Improvements in energy density, charging speed, and battery longevity make electric vehicles more appealing to buyers. The development of solid-state batteries and other next-generation technologies promises even improved efficiency and safety which will fuel market growth.
Government Initiatives and Policies: Governments around the world are actively pushing the transition to electric mobility through a variety of initiatives. Policies aimed at lowering carbon footprints such as emissions objectives and fuel economy standards, are driving automakers to invest in electric powertrains. Many governments have also set ambitious targets for phasing out internal combustion engines creating a conducive atmosphere for electric powertrain development and adoption.
Key Challenges:
High Costs: One of the major impediments to the widespread adoption of electric powertrains is the high cost of batteries and related components. Although prices have dropped over the years, the initial investment for electric cars (EVs) is still more than for regular internal combustion engine (ICE) vehicles.
Limited Charging Infrastructure: Another major issue is a lack of suitable charging infrastructure. Many people are hesitant to switch to EVs because they are concerned about range anxiety or the possibility of running out of energy before reaching a charging station. Creating a broad and reliable charging network is critical to alleviating these concerns and encouraging the use of electric powertrains.
Technological Constraints: While battery technology advances, electric powertrains continue to have constraints in terms of energy density, charging speed, and overall efficiency when compared to conventional vehicles. Current battery technology may not offer the same range or quick refilling capabilities limiting market acceptability.
Key Trends:
Increased Vehicle Electrification: As governments around the world impose stronger emission restrictions and promote sustainability, vehicle electrification is accelerating. This trend is reflected in the increased production of electric cars (EVs), hybrid electric vehicles (HEVs), and plug-in hybrid electric vehicles (PHEVs).
Advancements in Battery Technology: Continuous battery technology innovation is critical to increasing the performance of electric powertrains. Solid-state batteries, lithium-silicon batteries, and enhanced battery management systems are improving energy density reducing charging times, and extending battery life. These developments assist in reducing range anxiety among consumers and make electric vehicles more desirable.
Integration of Renewable Energy Sources: The incorporation of renewable energy sources into electric powertrains is becoming more common. Automakers and energy companies are looking at ways to use solar and wind energy to charge electric vehicles helping to create a more sustainable ecosystem.
Here is a more detailed regional analysis of the global electric powertrain market:
North America:
The North American electric powertrain market is primarily driven by strict emissions laws and rising consumer demand for electric vehicles (EVs). This supremacy stems mostly from the region's well-established automobile sector, robust charging infrastructure, and supporting government policies encouraging the use of renewable energy technologies. Implementing severe pollution rules is a primary driver for the North American electric powertrain market.
According to the US Environmental Protection Agency (EPA), transportation accounts for 29% of total greenhouse gas emissions in the United States. In response, the US government has set a target of 50% electric car sales by 2030. According to the U.S. Department of Transportation's National Household Travel Survey, 95% of car travel in the United States is less than 30 miles, which is well within the range of most modern electric vehicles.
Asia Pacific:
The Asia Pacific region is experiencing the highest development in the electric powertrain industry, owing to rigorous environmental laws, government incentives, and rapidly expanding EV adoption. This rapid growth is driven by the region's high population, urbanization tendencies, and intense government push for sustainable transportation alternatives. This has resulted in a spike in EV sales, with the China Passenger Car Association estimating that NEV sales will reach 6.89 million units in 2023, a 93.4% rise year on year.
According to the Korea Automobile Manufacturers Association, this strategy has helped to drive a 52% year-on-year increase in EV sales in 2023. According to Australia's Electric Vehicle Council, EV sales will increase by 65% in 2023, thanks in large part to the government's plan to invest AUD 250 million in charging infrastructure. Another aspect is the region's rising urbanization, with the United Nations Economic and Social Commission for Asia and the Pacific forecasting that by 2026, half of the region's population will live in cities, increasing the need for efficient and clean transportation options.
The Global Electric Powertrain Market is segmented based on Type, Vehicle Type, Component, and Geography.
Based on the Type, the Global Electric Powertrain Market is bifurcated into Series Hybrid Powertrain, Parallel Hybrid Powertrain, MHEV Powertrain, BEV Powertrain, and Others. The Battery Electric Vehicle (BEV) powertrain is the dominant segment in the global electric powertrain market. This dominance stems from the growing consumer preference for fully electric vehicles due to their zero-emission benefits, lower operating costs, and advancements in battery technology. As governments worldwide implement stricter emissions regulations and offer incentives for EV adoption, BEVs are increasingly seen as a sustainable alternative to traditional internal combustion engines. Furthermore, significant investments in charging infrastructure and battery research have enhanced the appeal of BEVs allowing for longer ranges and shorter charging times.
Based on the Vehicle Type, the Global Electric Powertrain Market is bifurcated into 48V Mild Hybrid Vehicle (MHEV), Battery Electric Vehicle (BEV), Hybrid & Plug-In Hybrid Vehicle (HEV/PHEV). The Battery Electric Vehicle (BEV) segment is the dominant category in the global electric powertrain market. This dominance is driven by the increasing consumer preference for fully electric vehicles due to their zero tailpipe emissions, lower operational costs, and advancements in battery technology that enhance range and performance. Government incentives and stringent emissions regulations further support BEV adoption, making them a key focus for manufacturers investing in electrification. While 48V Mild Hybrid Vehicles (MHEVs) and Hybrid & Plug-In Hybrid Vehicles (HEV/PHEVs) are important for transitional technologies, they typically offer a limited electric-only range and still rely on internal combustion engines.
Based on the Component, the Global Electric Powertrain Market is bifurcated into Controller, DC/AC Inverter, DC/DC Converter, Motor, and Others. The motor component is the dominant segment of the global electric powertrain market. This dominance is primarily due to the crucial role motors play in converting electrical energy into mechanical energy, driving the vehicle's wheels, and ensuring optimal performance. As electric vehicles (EVs) gain popularity, advancements in motor technology such as improved efficiency and torque density have further enhanced their importance. Additionally, the increasing demand for high-performance EVs has led manufacturers to focus on developing powerful, lightweight motors that can deliver better acceleration and range.
Based on Geography, the Global Electric Powertrain Market is classified into North America, Europe, Asia Pacific, and the Rest of the world. Asia Pacific is the dominant region in the global electric powertrain market, primarily due to its leading position in electric vehicle (EV) production and sales. Countries like China, Japan, and South Korea are at the forefront of EV technology driven by strong government support, substantial investments in charging infrastructure, and a growing consumer preference for sustainable transportation. China, in particular, has emerged as the largest market for electric vehicles, significantly boosting demand for electric powertrains. Additionally, Asia Pacific is home to key manufacturers and suppliers of batteries and components further enhancing its market dominance.
The "Global Electric Powertrain Market" study report will provide valuable insight with an emphasis on the global market. The major players in the market are Robert Bosch GmbH, Mitsubishi Electric Corp., Magna International Inc., Continental AG, Hitachi Astemo Ltd., BorgWarner Inc., ZF Friedrichshafen AG, Valeo, Nidec Corporation, Schaeffler AG, Cummins Inc., Dana Incorporated, GKN Plc, and Eaton Corporation.
Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.