Global Automotive Drivetrain Market Outlook:
The latest report by IMARC Group, titled, “Automotive Drivetrain Market Report: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028,” offers a comprehensive analysis of the industry, which comprises insights on the Automotive Drivetrain Market Outlook. The report also includes competitor and regional analysis, and contemporary advancements in the market. The global automotive drivetrain market size reached US$ 200.4 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 289.2 Billion by 2028, exhibiting a growth rate (CAGR) of 6.2% during 2023-2028.
An automotive drivetrain is an assembly of multiple components that transmit power to the driving wheel of the vehicle. It comprises of a driveshaft, gearbox, universal (U) joints, constant velocity (CV) joints, wheels, and axles. The draft shaft is an extended tubular steel component, which is linked to the gearbox of the vehicle and aids in the rotary movement of the wheels. The joints supply power to the wheels and facilitate their movement at different angles, and the axles transfer power from the final drive assembly to the wheels.
Request for a free sample copy of this report: https://www.imarcgroup.com/automotive-drivetrain-market/requestsample
Global Automotive Drivetrain Market Trends:
The expanding automotive industry, along with the increasing adoption of hybrid and electric vehicles (H/EVs), is primarily driving the market growth. Furthermore, the drivetrains are also utilized for varying the amount of torque given to the engine, thereby providing increased acceleration, traction, and towing capabilities. Additionally, the escalating demand for lightweight driveshafts for enhanced fuel efficiencies is also augmenting the global. Besides this, several technological advancements, such as the development of all-wheel drive (AWD) for passenger cars and sports-utility vehicles (SUVs), are further propelling the market growth. In the coming years, the rapid electrification of drivetrain components is further expected to drive the market for the automotive drivetrain.
Global Automotive Drivetrain Market 2023-2028 Analysis and Segmentation:
Competitive Landscape With Key Players:
- Aisin Seiki Co. Ltd.
- American Axle & Manufacturing Inc.
- Borgwarner Inc.
- Dana Incorporated
- ZF Friedrichshafen AG (9Zeppelin-Stiftung)
- GKN Automotive Limited (Melrose Industries)
- JTEKT Corporation
- Magna International Inc.
- Schaeffler Technologies AG & Co. KG
- Showa Corporation
The report has also provided a comprehensive analysis of the competitive landscape in the global automotive drivetrain market. Competitive analysis such as market structure, market share by key players, player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided. Some of the companies covered include Aisin Seiki Co. Ltd., American Axle & Manufacturing Inc., Borgwarner Inc., Dana Incorporated, ZF Friedrichshafen AG (9Zeppelin-Stiftung), GKN Automotive Limited (Melrose Industries), JTEKT Corporation, Magna International Inc., Schaeffler Technologies AG & Co. KG and Showa Corporation. Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.
Key Market Segmentation:
Our report has categorized the market based on vehicle type and drive type.
Vehicle Type Insights:
- Passenger Cars
- Light Commercial Vehicles
- Heavy Commercial Vehicles
- Others
The report has provided a detailed breakup and analysis of the automotive drivetrain market based on the vehicle type. This includes passenger cars, light commercial vehicles, heavy commercial vehicles, and others. According to the report, passenger cars represented the largest segment.
Drive Type Insights:
- All Wheel Drive
- Front Wheel Drive
- Rear Wheel Drive
A detailed breakup and analysis of the automotive drivetrain market based on the drive type has also been provided in the report. This includes all wheel driver, front wheel drive, and rear wheel drive. According to the report, front wheel drive type accounted for the largest market share.
Regional Insights:
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Key highlights of the report:
- Market Performance
- Market Outlook
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Competitive Structure
- Profiles of Key Players
- Comprehensive Mapping of the Competitive Landscape
Note: We are in the process of updating our reports. If you want to receive the latest research data covering the time period from 2023 to 2028, along with industry trends, market size, and competitive analysis, click on the request sample report. The team would be able to deliver the latest version of the report in a quick turnaround time.
Report Coverage:
| Report Features | Details |
|---|---|
| Base Year of the Analysis | 2022 |
| Historical Period | 2017-2022 |
| Forecast Period | 2023-2028 |
| Units | US$ Billion |
| Segment Coverage | Vehicle Type, Drive Type, Region |
| Region Covered | Asia Pacific, Europe, North America, Latin America, Middle East and Africa |
| Countries Covered | United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico |
| Companies Covered | Aisin Seiki Co. Ltd., American Axle & Manufacturing Inc., Borgwarner Inc., Dana Incorporated, ZF Friedrichshafen AG (9Zeppelin-Stiftung), GKN Automotive Limited (Melrose Industries), JTEKT Corporation, Magna International Inc., Schaeffler Technologies AG & Co. KG and Showa Corporation |
| Customization Scope | 10% Free Customization |
| Report Price and Purchase Option | Single User License: US$ 2499 Five User License: US$ 3499 Corporate License: US$ 4499 |
| Post-Sale Analyst Support | 10-12 Weeks |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report
1. What was the size of the global automotive drivetrain market in 2022?
2. What is the expected growth rate of the global automotive drivetrain market during 2023-2028?
3. What are the key factors driving the global automotive drivetrain market?
4. What has been the impact of COVID-19 on the global automotive drivetrain market?
5. What is the breakup of the global automotive drivetrain market based on the vehicle type?
6. What is the breakup of the global automotive drivetrain market based on the drive type?
7. What are the key regions in the global automotive drivetrain market?
8. Who are the key players/companies in the global automotive drivetrain market?
About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Contact Us:
IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800
Read More: https://getamagazines.com/
