Global Automotive All-wheel-drive Market Size study, by Vehicle Type (Passenger Cars, Commercial Vehicles), Propulsion Type (ICE Vehicle and Electric Vehicle), System Type (Manual AWD and Automatic AWD) and Regional Forecasts 2022-2028

Global Automotive All-wheel-drive Market Size study, by Vehicle Type (Passenger Cars, Commercial Vehicles), Propulsion Type (ICE Vehicle and Electric Vehicle), System Type (Manual AWD and Automatic AWD) and Regional Forecasts 2022-2028

Global Automotive All-wheel-drive Market is valued at approximately USD XXX million in 2021 and is anticipated to grow with a healthy growth rate of more than 7.5% over the forecast period 2022-2028. A vehicle with all-wheel drive has a powertrain that can deliver energy to all its wheels, either continuously or as needed. The following are the most typical models of all-wheel drive: Has two axles, each of which may have both wheels powered. The market is driven by key factors such as growing electric vehicles, increasing demand for improved vehicle safety, stability, & enhanced driving dynamics and increase in safety awareness across the world. The WHO Global Status Report on Highway Safety predicts that more than 1.24 million people have died globally in road accidents in 2010. Countries have been motivated to adopt strict car safety regulations by the rising accident incidence. In terms of automobile safety regulations, the European Union and the US government are in the front. As a result, OEMs are releasing cars with built-in safety technologies that manage the stability and safety of the car as well as improve driving dynamics. As compared to RWD or FWD systems, all-wheel drive (AWD) systems contribute to the vehicle's stability by giving it more capabilities through improved traction. Furthermore, increasing Demand for Sports Utility Vehicles propel the overall growth of the market. However, high cost of AWD system impedes the growth of the market over the forecast period of 2022-2028.

The key regions considered for the global Automotive All-wheel-drive Market study include Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is leading the global market share owing to high adoption rate of the all-wheel drive-drive market and increase in use AWD SUVs from NA region. However, Asia Pacific is expected to be the fastest growing region due to the rise in product launches during the forecast years.

Major market players included in this report are:
BorgWarner Inc.
American Axle Manufacturing
Toyota Motor Corporation
Continental AG
JTEKT Corporation
Eaton Corporation PLC
ZF Friedrichshafen AG
GKN PLC
Dana Holding Corporation
Nissan Motor Co. Ltd

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and Application offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Treatment Type:
Passenger Cars
Commercial Vehicles
By Propulsion Type:
ICE Vehicle
Electric Vehicles
By System Type:
Manual AWD
Automatic AWD
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028

Target Audience of the Global Automotive All-wheel-drive Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

Companies Mentioned

BorgWarner Inc.
American Axle Manufacturing
Toyota Motor Corporation
Continental AG
JTEKT Corporation
Eaton Corporation PLC
ZF Friedrichshafen AG
GKN PLC
Dana Holding Corporation
Nissan Motor Co. Ltd

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