Global Drivetrain Market Growth 2023-2029

Global Drivetrain Market Growth 2023-2029

The drivetrain system constitutes of various components that are used to deliver power for driving wheels of a vehicle.

LPI (LP Information)' newest research report, the “Drivetrain Industry Forecast” looks at past sales and reviews total world Drivetrain sales in 2022, providing a comprehensive analysis by region and market sector of projected Drivetrain sales for 2023 through 2029. With Drivetrain sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Drivetrain industry.

This Insight Report provides a comprehensive analysis of the global Drivetrain landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Drivetrain portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Drivetrain market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Drivetrain and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Drivetrain.

The global Drivetrain market size is projected to grow from US$ 198630 million in 2022 to US$ 255030 million in 2029; it is expected to grow at a CAGR of 255030 from 2023 to 2029.

United States market for Drivetrain is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

China market for Drivetrain is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Europe market for Drivetrain is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Global key Drivetrain players cover GKN, BorgWarner, Dana Holding, Magtec, Delphi Automotive, Visedo, Parker Hannifin, Punch Powertrain and AVTEC, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.

This report presents a comprehensive overview, market shares, and growth opportunities of Drivetrain market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
FWD
RWD
AWD

Segmentation by application
Passenger Car
Commercial Vehicle

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
GKN
BorgWarner
Dana Holding
Magtec
Delphi Automotive
Visedo
Parker Hannifin
Punch Powertrain
AVTEC
AxleTech International
YASA

Key Questions Addressed in this Report

What is the 10-year outlook for the global Drivetrain market?

What factors are driving Drivetrain market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Drivetrain market opportunities vary by end market size?

How does Drivetrain break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.