Smart e-Drive Market 2022 Growth Factors, Applications, Regional Analysis, Top Key Players and Forecasts by 2030
Market Highlights Over the past few years, the prices of crude oil per barrel has been, increasing, rapidly, while the availability of crude oil has been decreasing. Due to this, the manufacturers and people are shifting their preference towards electric vehicles. There has been an increase in demand for the electric vehicles in many developed and developing regions. Due to the increase in the sales of electric vehicle, there will be growing demand for the smart e-drives in electric vehicles. The other factors driving the growth of the global smart e-drive market are the increasing concerns of the automobile manufacturers for the reduction of weight of the vehicles, stringent CO2 emission norms, and the increase in the sale of green vehicles. However, the growth of this market is expected to be restrained by the high cost of components, which is used in smart e-drives. Key Players The prominent players in the global smart e-drive market include Siemens (Germany), Robert Bo