Global Automotive Drivetrain Market, By Vehicle (Passenger Cars, Light Commercial Vehicle, Heavy Commercial Vehicle, Electric Vehicle Type), Drive Type (All-Wheel Drive Vehicle, Front Wheel Drive, Rear-Wheel Drive), Engine Location (Rear Engine, Front Engine), Transmission (Manual Transmission, Automatic Transmission, Continuous Variable Transmission, Automated Manual Transmission, Dual-Clutch Transmission), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights : Global Automotive Drivetrain Market
Automotive drivetrain market is expected to witness market growth at a rate of 5.02% in the forecast period of 2021 to 2028. Data Bridge Market Research report on automotive drivetrain market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The increase in the production rate of automobile across the globe is escalating the growth of automotive drivetrain market.
Automotive drivetrains refers to a system consisting of components such as drive shafts, the axles, the CV joints, the U joints, the wheels and the transmission of vehicle which transfer power or torque to the driving wheels of the vehicle in order to move it forward. Drive shafts assist in rotary movement of the wheels, U joints transmit power to the wheels allowing different angles, CV joints can bend in any direction letting the wheels move at constant velocity, Axles delivers power from the final drive assembly to the wheels and Transmissions transmit power from the engine to the drive shaft and the rear wheels.
The increase in popularity of engine downsizing for reducing fuel consumption and emission and rise in demand for automated transmission among population globally are the major factors driving the automotive drivetrain market. Advancement in technologies including development of combustion control for internal combustion engine and rise in need for internal combustion engine accelerate the market growth. Concerns associated with the weather conditions and unfavorable terrain increases the need for enhanced traction and high towing capacity results in rise in demand for the automotive drivetrain. Implementation of stringent government regulations emphasizing on the reduction of carbon dioxide emissions and manufacturers inclining towards engine downsizing with the assistance of turbochargers due to these environmental regulatory norms also influence the market. Additionally, high demand for automobiles, increase in disposable income and improvement of automobile system positively affect the automotive drivetrain market. Furthermore, growth in development of advanced automobile, emerging markets for luxury cars and SUVS with AWD systems and integration of electronics in drivetrains extend profitable opportunities to the market players in the forecast period of 2021 to 2028.
On the other hand, high initial & maintenance cost of sustainable powertrain system and vehicles with AWD and the fluctuations in prices of raw materials are factors expected to obstruct the market growth. The emergence of light & efficient drivetrains and cost reduction of drivetrains are projected to challenge the automotive drivetrain market in the forecast period of 2021-2028.
This automotive drivetrain market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on automotive drivetrain market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Automotive Drivetrain Market Scope and Market Size
Automotive drivetrain market is segmented on the basis of scanner vehicle, drive type, engine location and transmission. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of vehicle, the automotive drivetrain market is segmented into passenger cars, light commercial vehicle (LCV), heavy commercial vehicle (HCV) and electric vehicle. Heavy commercial vehicle is further segmented into trucks and buses. Electric vehicle is further segmented into battery electric Vehicle (BEV), hybrid electric vehicle (HEV) and plug-in-hybrid electric vehicle (PHEV).
- On the basis of drive type, the automotive drivetrain market is segmented into all-wheel drive vehicle (AWD), front wheel drive (FWD) and rear-wheel drive (RWD).
- On the basis of engine location, the automotive drivetrain market is segmented into rear engine and front engine.
- On the basis of transmission, the automotive drivetrain market is segmented into manual transmission, automatic transmission, continuous variable transmission, automated manual transmission and dual-clutch transmission.
Global Automotive Drivetrain Market Country Level Analysis
Automotive drivetrain market is analyzed and market size, volume information is provided by country, vehicle, drive type, engine location and transmission as referenced above.
The countries covered in the automotive drivetrain market report are the U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
Asia-Pacific dominates the automotive drivetrain market because of the increase in demand for automated transmission and advanced systems, industrial and infrastructural development, and rise in the sales of vehicle and growing spending expenditure in the region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Automotive Vehicle Scanner Market Share Analysis
Automotive drivetrain market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to automotive drivetrain market.
The major players covered in the automotive drivetrain market report are AISIN SEIKI Co., Ltd., American Axle & Manufacturing, Inc., BorgWarner Inc., Melrose Industries PLC, ZF Friedrichshafen AG, Magna International Inc., Dana Limited., JTEKT Corporation., SHOWA CORPORATION., Schaeffler AG, TOYOTA MOTOR CORPORATION., General Motors, Volkswagen AG, Hyundai Motor Company, UNIVANCE CORPORATION, Meritor, Inc, TREMEC., Eaton., AVTEC, Robert Bosch GmbH, Continental AG, among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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