Automotive Electric Drivetrain System Market accounted for US$ 5.86 billion in 2020 and is estimated to be US$ 30.93 billion by 2030 and is anticipated to register a CAGR of 18.3%.The hybrid car's structure is identical to that of an ICE vehicle, with the exception of electric motors and drive cycle operation.

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Electric Motor Market accounted for US$ 114.2 billion in 2020 and is estimated to be US$ 205.60 billion by 2030 and is anticipated to register a CAGR of 6.1%. The rise in demand for greater machine control in the automotive industry, owing to the high efficiency of AC synchronous motors, drives the growth of the electric motor market. Regulations such as the Minimum Energy Performance...

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