Driveline is the set of components of the automotive power train that lies between the transmission and differential. It generally consists of a drive shaft and universal joints. It is a mechanical element used to transmit torque and rotation, usually used to connect other components of a drive train that cannot be linked directly owing to the distance or the need to allow for relative movement between them.
Electric vehicles need a driveline system in order to convert and control the power supply from the battery of the electric vehicle. Increasing adoption of electric vehicles is projected to boost the driveline market during the forecast period. Rigorous norms imposed globally by regulatory bodies on carbon emissions of automobiles are also anticipated to propel the adoption of driveline in electric vehicles, as they are expected to eliminate the burning of fossil fuel and generated emission in gasoline vehicles, as there is no emission from electric vehicles. Rapid usage of renewable sources of energy is a key factor that is boosting the driveline market. Manufacturing of a driveline is highly expensive and time-consuming; thus, posing a restraint to the global Driveline market.
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The driveline market for electric vehicle can be segmented based on architecture, transmission type, power output, power electronics, electric vehicles type, and geography. Based on architecture, the driveline market for electric vehicle can be classified into series driveline and other two types. Series driveline is linked in the series combination to transmit the motion.
Key players operating in the global driveline market for electric vehicle include ZF, GKN, BorgWarner, Robert Bosch, Hitachi, Continental AG, Delphi Automotive, Denso Corporation, and Valeo.
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