All-wheel Drive Market Size, Share & Trends Analysis Report By Propulsion (ICE, Electric), By Vehicle (Passenger Vehicle, Commercial Vehicle), By System (Automatic, Manual), By Region, And Segment Forecasts, 2024 - 2030

All-wheel Drive Market Size, Share & Trends Analysis Report By Propulsion (ICE, Electric), By Vehicle (Passenger Vehicle, Commercial Vehicle), By System (Automatic, Manual), By Region, And Segment Forecasts, 2024 - 2030


All-wheel Drive Market Size & Trends

The global all-wheel drive market size was estimated at USD 38.19 billion in 2023 and is anticipated to grow at a CAGR of 9.0% from 2024 to 2030. The market has seen significant due to technological advancements, changing consumer preferences, and evolving industry trends. Besides, increasing demand for enhanced vehicle safety and performance is further driving the growth of the market. All-wheel drive provides better traction and stability, making a vehicle highly desirable in regions with adverse weather conditions, such as snow and heavy rain. As consumers become more aware of the safety benefits associated with wheel-drive vehicles, their preference for these systems has intensified, contributing to market expansion.

Technological innovation has played a crucial role in propelling the market growth. Modern wheel drive systems are more efficient than their predecessors, incorporating advanced electronics and software to optimize performance. For instance, the integration of torque vectoring technology allows for more precise control of power distribution between wheels, improving handling and driving dynamics. These technological advancements have made AWD systems more appealing to a broader range of consumers, including those who prioritize performance and driving experience.

Furthermore, the rise of electric and hybrid vehicles has also had a significant impact on the market. Manufacturers are increasingly incorporating all-wheel drive systems into their electric and hybrid models to enhance their appeal and performance. Electric motors can independently power each wheel, providing instantaneous torque and improving traction. This integration of all-wheel drive in the electric and hybrid vehicle has not only expanded the market but also demonstrated its compatibility with the future of automotive technology. As the industry moves towards electrification, the demand for all-wheel drive systems in electric and hybrid vehicles is expected to grow.

Consumer preferences are shifting towards larger vehicles such as SUVs and crossovers, which are often equipped with all-wheel drive systems. These vehicles offer a blend of comfort and off-road capability, making them popular choices among families and adventure enthusiasts. The increasing popularity of SUVs and crossovers has, in turn, driven the demand for all-wheel drive systems as manufacturers strive to offer these vehicles with the best possible traction and stability features. This trend has been particularly pronounced in markets like North America and Europe, where SUVs dominate sales.

Moreover, the expansion of ridesharing and mobility services is a contributing factor to the growth of the all-wheel drive market. Companies offering these services are increasingly opting for all-wheel drive vehicles to ensure reliability and safety in various driving conditions. all-wheel drive vehicles are better suited for the diverse range of environments that ride-sharing vehicles encounter, from urban streets to rural roads. As the ridesharing market continues to expand globally, which will have cascading effects on the growth of all-wheel drive equipped vehicles.

Global All-wheel Drive Market Report Segmentation

The report forecasts revenue growth at global, regional, and at country level and provides an analysis on the latest trends in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the global all-wheel drive market report based on propulsion, vehicle, system, and region.
  • Vehicle Outlook (Revenue, USD Million, 2018 - 2030)
  • Passenger Vehicle
  • Commercial Vehicle
  • Propulsion Outlook (Revenue, USD Million, 2018 - 2030)
  • ICE
  • Electric
  • Others
  • System Outlook (Revenue, USD Million, 2018 - 2030)
  • Automatic
  • Manual
  • Regional Outlook (Revenue, USD Million, 2018 - 2030)
  • North America
  • U.S.
  • Canada
  • Mexico
  • Europe
  • UK
  • Germany
  • France
  • Asia Pacific
  • China
  • India
  • Japan
  • Australia
  • South Korea
  • Latin America
  • Brazil
  • MEA
  • KSA
  • UAE
  • South Africa
Please note The report will be delivered in 4-8 business days upon order notification.


Chapter 1. Methodology and Scope
1.1. Market Segmentation & Scope
1.2. Market Definitions
1.3. Information Procurement
1.4. Information Analysis
1.4.1. Market Formulation & Data Visualization
1.4.2. Data Validation & Publishing
1.5. Research Scope and Assumptions
1.6. List of Data Sources
Chapter 2. Executive Summary
2.1. Market Outlook
2.2. Segmental Outlook
2.3. Competitive Landscape Snapshot
Chapter 3. Market Variables, Trends, and Scope
3.1. Market Lineage Outlook
3.2. Industry Value Chain Analysis
3.3. Market Dynamics
3.3.1. Market Driver Impact Analysis
3.3.2. Market Restraint Impact Analysis
3.3.3. Market Opportunity Impact Analysis
3.4. Industry Analysis Tools
3.4.1. Porter’s Analysis
3.4.2. PESTEL Analysis
Chapter 4. Autonomous Train Market: Automation Grade Estimates & Trend Analysis
4.1. Automation Grade Movement Analysis & Market Share, 2023 & 2030
4.2. Autonomous Train Market Estimates & Forecast, By Automation Grade
4.2.1. GoA 1
4.2.2. GoA 2
4.2.3. GoA 3
4.2.4. GoA 4
Chapter 5. Autonomous Train Market: Train Type Estimates & Trend Analysis
5.1. Train Type Movement Analysis & Market Share, 2023 & 2030
5.2. Autonomous Train Market Estimates & Forecast, By Train Type
5.2.1. Metro/Monorail
5.2.2. High-speed Rail
5.2.3. Light Rail
Chapter 6. Autonomous Train Market: Application Estimates & Trend Analysis
6.1. Application Movement Analysis & Market Share, 2023 & 2030
6.2. Autonomous Train Market Estimates & Forecast, By Application
6.2.1. Passenger
6.2.2. Freight
Chapter 7. Autonomous Train Market: Regional Estimates & Trend Analysis
7.1. Autonomous Train Market: Regional Outlook
7.2. North America
7.2.1. North America Autonomous Train market estimates & forecasts, 2018 - 2030 (USD Million)
7.2.2. U.S.
7.2.2.1. U.S. Autonomous Train market estimates & forecasts, 2018 - 2030 (USD Million)
7.2.3. Canada
7.2.3.1. Canada Autonomous Train market estimates & forecasts, 2018 - 2030 (USD Million)
7.2.4. Mexico
7.2.4.1. Mexico Autonomous Train market estimates & forecasts, 2018 - 2030 (USD Million)
7.3. Europe
7.3.1. Europe Autonomous Train market estimates & forecasts, 2018 - 2030 (USD Million)
7.3.2. Germany
7.3.2.1. Germany Autonomous Train market estimates & forecasts, 2018 - 2030 (USD Million)
7.3.3. UK
7.3.3.1. UK Autonomous Train market estimates & forecasts, 2018 - 2030 (USD Million)
7.3.4. France
7.3.4.1. France Autonomous Train market estimates & forecasts, 2018 - 2030 (USD Million)
7.4. Asia Pacific
7.4.1. Asia Pacific Autonomous Train market estimates & forecasts, 2018 - 2030 (USD Million)
7.4.2. China
7.4.2.1. China Autonomous Train market estimates & forecasts, 2018 - 2030 (USD Million)
7.4.3. India
7.4.3.1. India Autonomous Train market estimates & forecasts, 2018 - 2030 (USD Million)
7.4.4. Japan
7.4.4.1. Japan Autonomous Train market estimates & forecasts, 2018 - 2030 (USD Million)
7.4.5. Australia
7.4.5.1. Australia Autonomous Train market estimates & forecasts, 2018 - 2030 (USD Million)
7.4.6. South Korea
7.4.6.1. South Korea Autonomous Train market estimates & forecasts, 2018 - 2030 (USD Million)
7.5. Latin America
7.5.1. Latin America Autonomous Train market estimates & forecasts, 2018 - 2030 (USD Million)
7.5.2. Brazil
7.5.2.1. Brazil Autonomous Train market estimates & forecasts, 2018 - 2030 (USD Million)
7.6. MEA
7.6.1. MEA Autonomous Train market estimates & forecasts, 2018 - 2030 (USD Million)
7.6.2. UAE
7.6.2.1. UAE Autonomous Train market estimates & forecasts, 2018 - 2030 (USD Million)
7.6.3. Kingdom of Saudi Arabia (KSA)
7.6.3.1. Kingdom of Saudi Arabia (KSA) Autonomous Train market estimates & forecasts, 2018 - 2030 (USD Million)
7.6.4. South Africa
7.6.4.1. South Africa Autonomous Train market estimates & forecasts, 2018 - 2030 (USD Million)
Chapter 8. Competitive Landscape
8.1. Company Categorization
8.2. Participant’s Overview
8.2.1. Alstom SA
8.2.2. Construcciones y Auxiliar de Ferrocarriles
8.2.3. CRRC Corporation Limited
8.2.4. Hitachi Rail STS
8.2.5. Ingeteam Corporation SA
8.2.6. Kawasaki Heavy Industries
8.2.7. Mitsubishi Heavy Industries Ltd.
8.2.8. Siemens AG
8.2.9. Thales Group
8.2.10. Wabtec Corporation
8.3. Financial Performance
8.4. Automation Grade Benchmarking
8.5. Company Market Positioning
8.6. Company Market Share Analysis, 2023
8.7. Company Heat Map Analysis
8.8. Strategy Mapping
8.8.1. Expansion
8.8.2. Collaborations
8.8.3. Mergers & Acquisitions
8.8.4. New Automation Grade Launches
8.8.5. Partnerships
8.8.6. Others

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