Global Automotive Drivetrain Market Research Report 2023(Status and Outlook)

Global Automotive Drivetrain Market Research Report 2023(Status and Outlook)

Report Overview

Automotive drivetrains includes components which transfer power to the driving wheels of the vehicles. The drivetrain system includes the drive shafts, the wheels, the axles, the U joints, the CV joints, and the transmission of a vehicle. All these components which form a part of the drivetrain system are responsible for transmitting power or torque to the wheels to make the vehicle move forward. Drive shafts are long tubular steel structures which are linked to the transmission or gear box of a vehicle and helps in the rotary movement of the wheels. Universal joints or U joints are flexible pivots which transmits power to the wheels in a way which allows the wheels to move in varying angles. Similarly, constant velocity joints or CV joints are also part of the drive shafts. These joints can bend in any direction while allowing the wheels to move at a constant velocity. Axles are single rotating shafts which delivers power from the final drive assembly to the wheels. Transmissions are responsible for transmitting power from the engine to the drive shaft and the rear wheels. Therefore, the functions of all these components comprise the functions of a drivetrain, where transmission of power forms the integral part of the function of the system. Drivetrains are also sometimes referred to as powertrain or driveline. Powertrain comprises everything that is responsible for the vehicle’s movement while the driveline includes everything that comes in between the engine of the vehicle and its wheels. The difference between powertrain, driveline and the drivetrain lies in the absence of engine in a drivetrain.

The All-Wheel Drive (AWD) market, in terms of value, is estimated to grow at the highest CAGR from 2018 to 2023. As AWD systems provide higher power and better control and traction, most Sports Utility Vehicles (SUVs) are equipped with these systems.

The Global Automotive Drivetrain Market Size was estimated at USD 147090 million in 2022 and is projected to reach USD 173653.22 million by 2029, exhibiting a CAGR of 2.40% during the forecast period.

Bosson Research’s latest report provides a deep insight into the global Automotive Drivetrain market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc.

The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Automotive Drivetrain Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.

In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Automotive Drivetrain market in any manner.

Global Automotive Drivetrain Market: Market Segmentation Analysis

The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.

Key Company

Aisin Seiki

American Axle

Borgwarner

GKN

ZF

Magna

Dana

JTEKT

Showa

Schaeffler

Market Segmentation (by Type)

AWD

FWD

RWD

Market Segmentation (by Application)

Oil Delivery

Natural Gas Delivery

Geographic Segmentation

North America (USA, Canada, Mexico)

Europe (Germany, UK, France, Russia, Italy, Rest of Europe)

Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)

South America (Brazil, Argentina, Columbia, Rest of South America)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)

Key Benefits of This Market Research:

Industry drivers, restraints, and opportunities covered in the study

Neutral perspective on the market performance

Recent industry trends and developments

Competitive landscape & strategies of key players

Potential & niche segments and regions exhibiting promising growth covered

Historical, current, and projected market size, in terms of value

In-depth analysis of the Automotive Drivetrain Market

Overview of the regional outlook of the Automotive Drivetrain Market:

Key Reasons to Buy this Report:

Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change

This enables you to anticipate market changes to remain ahead of your competitors