Industry Background:
The powertrain is at the heart of vehicle design in which the engine, whether it is a conventional, electric or hybrid design it delivers the motive power, which is then managed and controlled through the transmission and final drive mechanisms. The overall powertrain system therefore describes the dynamic performance and characteristics of the vehicle. The powertrain encompasses every component which converts the engine’s power into movement. This includes the engine, transmission, the driveshaft, differentials, axles; mostly anything from the engine through to the rotating wheels.This growth is primarily driven by Increase in Demand for Environment Friendly Vehicles and Growing Demand for Automatic Transmissions.
Globally, a noticeable market trend is evident Increasing Car Penetration in Emerging Economies
. Major Vendors, such as General Motors Company (United States), Denso Corporation (Japan), Magna International Inc. (Canada), Valeo (France), Continental AG (Germany), Ford Motor Company (United States), Delphi Automotive PLC (Ireland), BorgWarner (United States), ZF Friedrichshafen AG (Germany) and Hyundai Motor Company (South Korea) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Market Drivers
- Increase in Demand for Environment Friendly Vehicles
- Growing Demand for Automatic Transmissions
Market Trend
- Increasing Car Penetration in Emerging Economies
- Technologically Advanced Powertrain System Subsequent in Fuel Efficiency
Restraints
- High Cost of Powertrain Systems
Opportunities
Developments in Hybrid Powertrain
Challenges
Low Customer Inclination to Pay Extra for Sustainable Powertrain Systems
AMA Research follow a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcase the spontaneously changing Vendors landscape impacting the growth of the market. Furthermore, our market researchers extensively analyse the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts, but also include significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Powertrain Study Sheds Light on
The Powertrain Market status quo and key characteristics. To end this, Analyst at AMA organize and took survey of the Powertrain industry Vendors. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Powertrain industry is heading and what are the top priorities. Insights are drawn from financial analysis, the survey and interviews with key executives and industry experts.
How every company in this diverse set of Vendors can best navigate the emerging competition landscape and follow a strategy that helps them position to hold value they currently claim, or capture the new addressable opportunity.