Industry Background:
The driveline of a motor vehicle contains the parts of the powertrain excluding the engine and the transmission. The formation of the driveline is the portion of the powertrain after the transmission, depends on the various choices of wheels to be powered by the engine such as front-wheel drive, rear-wheel drive and all-wheel drive. A vehicle with a front-wheel drive system engine, transmission and the drivetrain are positioned in the front, it reduce complexity as all modules are near to each other which leads to a more compact design.This growth is primarily driven by Increasing Trend of Parallel Hybrid Architecture over Other Driveline Architectures.
Attributes | Details |
---|
Study Period | 2018-2028 |
Base Year | 2022 |
Forecast Period | 2023-2028 |
Volume Unit | K Units |
Value Unit | USD (Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
The Auto Parts & Equipment sector in the
region has been increasing at a sustainable rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Vendors, such as GKN (United Kingdom), Schaeffler (Germany), Robert Bosch (Germany), ZF Friedrichshafen (Germany), Meritor, Inc. (United States), Borg Warner (United States), Denso (Japan), Volkswagen (Germany), Ford Motors (United States), Toyota Motors (Japan), Mahindra & Mahindra (India) and Nexteer Automotive (United States), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
On May 19, 2019- ZF plans to expand its network of co-operations and investments by acquiring Simi Reality Motion Systems GmbH. ZF’s investment in Simi will expand the competence it already has in occupant safety systems such as seat belts, airbags and steering wheels. Together with sensor systems for environment and interior recognition and the corresponding software.
In March 2023, Schaeffler, a global industrial and automotive supplier, presents engineering capabilities in e-mobility technology, power density optimization, and mechatronics, as well as cutting-edge bearings for off-road vehicles, conveyor systems, and vibration applications. A comprehensive portfolio of advanced solutions for the construction and aggregates industries. Schaeffler presents a series of precision machined products that represent the culmination of decades of experience as an OEM supplier and solution provider to the construction and aggregates industries.
Influencing Trend:
Adoption of Advanced Technologies Such as E-Axle
Market Growth Drivers:
Increasing Trend of Parallel Hybrid Architecture over Other Driveline Architectures
Challenges:
Manufacturing Cost id High
Restraints:
Difficulty in Achieving and Maintaining Optimum Power-To-Weight Ratio
Opportunities:
Use of Alternate Materials for Overall Weight Reduction
AMA Research follows 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 mainly 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 showcases the spontaneously changing Vendors landscape impacting the market's growth. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Data Sources of Driveline Market Study
Primary Collection: InMail, LinkedIn Groups, Survey Monkey, Google, and Other professional Forums are some of the mediums utilized to gather primary data through key industry participants and appointees, subject-matter experts, C-level executives of Driveline Industry, among others including independent industry consultants, experts, to obtain and verify critical qualitative commentary and opinion and quantitative statistics, to assess future market prospects.
The primary interviews and data collected as per the below protocols:
By Designation: C-Level, D-Level, Others
By Company Type: Tier 1, Tier 2, Tier 3
Secondary Data Sources such as Annual reports, Press releases, Analyst meetings, Conference calls, Investor presentations, Management statements, and SEC filings of Driveline players along with Regulatory Sites, Association, World bank, etc were used as sources secondary set of data.
Customization in the Report
AMA Research features not only specific market forecasts but also includes 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, Driveline Study Sheds Light on
The Driveline Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Driveline industry Vendors. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Driveline industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, 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 the value they currently claim or capture the new addressable opportunity.