Electric Two-Wheeler Powertrain Market Set to Surge to $44.5 Billion by 2035 as Urban Electrification Accelerates
The global powertrain market is entering a expansion phase as cities and manufacturers accelerate the shift toward cleaner and more efficient mobility. Valued at US$14.5 billion in 2024, the market is projected to reach US$44.5 billion by 2035, registering a CAGR of 10.7% from 2025 to 2035. Electric powertrains combine motors, controllers, inverters, batteries, chargers, and systems to convert...
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