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Vehicles with Electric Corner Modules Expected to be Fitted in LCVs and PBVs, Accounting for 1.8% of the Total BEV Market by 2030
03-Nov-2021
Global
Market Research
PBF8-01-00-00-00
AU02243-GL-MT_25912
An electric corner module (ECM) encompasses an electric drive, suspension, steering, and braking systems, increasing modularity and reusability. Purpose-built electric vehicles are expected to benefit from such a system because of the ever-changing requirements of future mobility and city transportation systems. With ECMs, the number of participants in the EV market is expected to increase because these modules can reduce capital expenditure (CAPEX). In addition, the time to market could be reduced by using ECMs, possibly accelerating the process of taking the vehicle from the drawing board to production. From the vehicle perspective, ECMs are classified as partial and pure based on the location of the steering system.
This report focuses on the drivers and restraints for ECMs and on the expected new business models in the automotive industry. Furthermore, the report touches on the benefits of having an ECM, such as the integration of drive-by-wire systems and the possible reduction in the total cost of ownership for fleet operators.
Why Is It Increasingly Difficult to Grow?
The Strategic Imperative 8™
The Impact of the Top 3 Strategic Imperatives on the Electric Corner Module (ECM) Industry
Growth Opportunities Fuel the Growth Pipeline Engine™
The Need for ECMs
Evolution of the ECM
Market Prospects for ECM
ECM Scope of Analysis
Electric Drive Segmentation
Major Users for ECM
The ECM Ecosystem
Key Growth Metrics—ECM
Growth Drivers for ECMs
Growth Driver Analysis for ECMs
Growth Restraints for ECMs
Growth Restraint Analysis for ECMs
Forecast Assumptions—ECM
Addressable Market for ECMs
Addressable Market for ECMs
F&S Perspective—ECM for Fleets
Pricing Trends
Market Analysis—Vehicles with ECM
Unit Shipment Forecast—ECM
Revenue Forecast—ECM
ECM—Forecast Analysis
ECM—Segmentation
Unit Shipment Forecast by Segment—ECM
Revenue Forecast by Segment—ECM
ECM—Market Share
Business Model—ECM
Business Model—ECM (continued)
Key Growth Metrics—Partial Corner Module
Unit Shipment Forecast, Partial Corner Module
Revenue Forecast, Partial Corner Module
Forecast Analysis—Partial ECM
Key Growth Metrics—Pure Corner Module
Unit Shipment Forecast—Pure Corner Module
Revenue Forecast—Pure Corner Module
Forecast Analysis—Pure ECM
Need for ECM
ECM—Definition and Market Focus
Evolution of ECM
ECM—Prototype Analysis
ECM—Subsystems
Technology Roadmap
Strengths, Weaknesses, Opportunities, and Threats (SWOT) Analysis—ECM
Types of Electric Drive Layouts
Electric Drive—Conventional Layout
Electric Drive—Partial ECM
Electric Drive—Pure ECM
Case Study 1—REE Platform and REEcorner
Case Study 2—Lordstown Motors’ Endurance
Case Study 3—Hino Flatformer
Case Study 4—Elaphe
Case Study 5—REEcorner
Case Study 6—Protean360+
Case Study 7—Schaeffler Intelligent Corner Module
Comparison of ECMs
Comparison of ECMs
Inferences
Growth Opportunity 1—Modularity, Scalability, and Drive by Wire Capabilities will Drive the Need for ECMs
Growth Opportunity 1—Modularity, Scalability, and Drive by Wire Capabilities will Drive the Need for ECMs (continued)
Growth Opportunity 2—Sourcing an ECM will Help OEMs Cut Down on Development Costs
Growth Opportunity 2—Sourcing an ECM will Help OEMs Cut Down on Development Costs (continued)
Growth Opportunity 3—Manueverability, Space, and Drive by Wire Requirements
Growth Opportunity 3—Manueverability, Space, and Drive by Wire Requirements (continued)
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| Deliverable Type | Market Research |
|---|---|
| No Index | No |
| Podcast | No |
| Author | Thirumalai Narasimhan |
| Industries | Automotive |
| WIP Number | PBF8-01-00-00-00 |
| Keyword 1 | electric corner module (ECM) |
| Keyword 2 | EV market |
| Keyword 3 | business models in the automotive industry |
| Is Prebook | No |
| GPS Codes | 9800-A6,9882-A6,9B13-A6 |
Global Electric Corner Module Market, Growth Opportunities, 2021
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