Industry Background:
Power-train of a modern automobile, comprising engine (with exhaust system), transmission, driveshaft, suspension and the wheels are the components that transfer the power generated by engine to wheels to move the vehicles. To increase the performance of the vehicle and its efficiency depends on the properties of the power-train system.
The Global Automotive Powertrain Systems market presents a comprehensive analysis of the Automotive Powertrain Systems market by product type (Engine, Transmission, Differentials, Drive Shafts and Others), by end-user/application (Passenger Vehicles and Commercial Vehicles), and by geography (North America, South America, Europe, Asia-Pacific and MEA) along with country level break-up. The key Vendors profiled in the report are Toyota Motor Corporation (Japan), General Motors Company (United States), Hyundai Motor Company (South Korea), Aisin Seiki (Japan)), Borgwarner (United States), Ford Motor (United States), Delphi Automobile (United Kingdom), Magna Powertrain (United States), Denso Corporation (Japan), GKN PLC (United Kingdom), Jtekt Corporation (Japan) and ZF Friedrichshafen (Germany)..
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Forecast Period | 2023-2028 |
Historical Period | 2018-2022 |
Unit | Value (USD Billion) |
Key Companies Profiled | Toyota Motor Corporation (Japan), General Motors Company (United States), Hyundai Motor Company (South Korea), Aisin Seiki (Japan)), Borgwarner (United States), Ford Motor (United States), Delphi Automobile (United Kingdom), Magna Powertrain (United States), Denso Corporation (Japan), GKN PLC (United Kingdom), Jtekt Corporation (Japan) and ZF Friedrichshafen (Germany). |
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 |
Influencing Trend:
Surging trend for engine downsizing which reduces fuel emission. and Growing demand for automated transmission in powertrain system
Market Growth Drivers:
Increasing demand for automated transmission, Growing need for enhanced traction, high towing capacity and increased acceleration in vehicles for safe driving, Surging consumption expenditure, high demand for automobiles and up-gradation of automobile system., Stringent government regulations on reducing emission, growing demand for eco-friendly vehicles and the technological improvements in powertrain systems. and Experiencing the huge demand for passenger cars and other vehicles
Challenges:
Low customer willingness to pay extra for sustainable powertrain system. and High initial investment cost
Restraints:
Increasing production cost of powertrain system
Opportunities:
Increasing development of advanced automobile features in emerging economies
Regional Breakdown and Segment Analysis
This section of our report presents a realistic picture of the Global Automotive Powertrain Systems industry. Investors and manufacturers can easily understand the inherent opportunities and challenges for their products in the geographical region of interest. For instance, while the Asia-Pacific holds majority of market share of the Automotive Powertrain Systems, the North-America has emerged as a crucial market for several Automotive Powertrain Systems brands.
The regional segmentation covered in this report are:
South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico)