Automotive Driveline Market By Drive Type (Front Wheel Drive (FWD), Rear Wheel Drive (RWD), All Wheel Drive (AWD)), By Vehicle Class (Economy, Mid-Priced, Luxury), By Propulsion Type (Internal Combustion Engine (ICE), Electric), By Application (Passenger Car, Light Commercial Vehicle, Heavy Commercial Vehicle): Global Opportunity Analysis and Industry Forecast, 2021-2031
The report incorporates the study of the global automotive driveline market that focuses on vehicle components such as drive shafts, differentials, and the final drive, which is used to transmit torque & rotation to deliver power to the driving wheels. The prime function of the driveline is coupling the engine to the driving wheels. The driving wheels utilize the power produced by the engine to rotate the axle. As a result, the drivetrain is a crucial component in manual transmission, automatic transmission, front-wheel drive, all-wheel drive cars, and off-lead vehicles. The automotive driveline market has witnessed significant growth over the years, owing to development of new technologies in the production of all-wheel drive (AWD) for cars and sports-utility vehicles (SUVs). Automobile manufacturers have changed driveline technology according to applications such as sports, military, commercial use, and others. For instance, in November 2021, Volkswagen AG launched its new ID.5 & ID.5 GTX with dual-motor all-wheel drive & three-engine options, which include improved charging performance, voice control, and unique ID software version 3.0 to offer sporty driving pleasure, traction, and driving safety.
The factors such as rise in automobile production, innovations and technological advancements in chassis systems, and increase in the sales of electric vehicles (EVs) supplement the growth of the automotive driveline market. However, fluctuating prices of raw material and decreasing vehicle ownership owing to increasing shared mobility are the factors expected to hamper the growth of the automotive driveline market. In addition, rocketing infrastructural developments in EV manufacturing and enhancement of all-wheel drive for future vehicles and increasing technology creates market opportunities for the key players operating in the automotive driveline market.
For the purpose of analysis, the global automotive driveline market is segmented on the basis of drive type, vehicle class, propulsion type, application, and region. By drive type, the market is divided into front wheel drive (FWD), rear wheel drive (RWD), all wheel drive (AWD). By vehicle class, it is fragmented into economy, mid-priced, and luxury. By propulsion type, it is categorized into internal combustion engine (ICE) and electric. By application, it is further classified into passenger car, light commercial vehicle, and heavy commercial vehicle. By region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The leading players operating in the automotive driveline market are BorgWarner Inc, Continental AG, DENSO Corporation, Ford Motor Company, GKN Automotive Limited, Hitachi Ltd, Mahindra & Mahindra Ltd, Marelli Holdings Co., Ltd, Melrose industries PLC, MSL Driveline Systems Limited, Robert Bosch GmbH, Schaeffler AG, Toyota Motor Corporation, Valeo, Volkswagen AG, Xlerate Driveline India Ltd., and ZF Friedrichshafen AG.
Key Benefits For Stakeholders
This study presents analytical depiction of the global automotive driveline market analysis along with current trends and future estimations to depict imminent investment pockets.
The overall automotive driveline market opportunity is determined by understanding profitable trends to gain a stronger foothold.
The report presents information related to the key drivers, restraints, and opportunities of the global automotive driveline market with a detailed impact analysis.
The current automotive driveline market is quantitatively analyzed from 2021 to 2031 to benchmark the financial competency.
Porter’s five forces analysis illustrates the potency of the buyers and suppliers in the industry.
Key Market Segments
By Vehicle Class
Economy
Mid-Priced
Luxury
By Drive Type
Front Wheel Drive (FWD)
Rear Wheel Drive (RWD)
All Wheel Drive (AWD)
By Propulsion Type
Internal Combustion Engine (ICE)
Electric
By Application
Passenger Car
Light Commercial Vehicle
Heavy Commercial Vehicle
By Region
North America
U.S.
Canada
Mexico
Europe
UK
Germany
France
Russia
Spain
Italy
Rest of Europe
Asia-Pacific
China
Japan
India
Australia
South Kore
Rest of Asia-Pacific
LAMEA
Latin America
Middle East
Africa
Key Market Players
BorgWarner
Continental AG
DENSO Corporation
Ford Motor Company
GKN Ltd
Hitachi Ltd
Mahindra & Mahindra Ltd
Marelli Holdings Co., Ltd
Melrose industries plc
MSL driveline systems limited
Robert Bosch GmbH
Schaeffler AG
Toyota Motor Corporation
Valeo
Volkswagen AG
Xlerate Driveline India Ltd.
ZF Friedrichshafen AG
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