The global automotive e-axle market size is projected to reach USD 27.19 billion by 2025, growing at a CAGR of 23.7 percent. Electric vehicle production directly influences the demand for automotive e-axles as it is an integral component of a vehicle.

Tesla vehicle sales for this year's first quarter have dropped 31 percent compared to last year.

The total electric vehicle market is expected to grow 9.1 percent from 2017 to 2025.