Global Auto Powertrain Market Overview:
The Auto powertrain is referred as 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.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Forecast Period | 2023-2028 |
Historical Period | 2018-2022 |
Unit | Value (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 |
Influencing Trend:
Increasing Car Penetration in Emerging Economies and Technologically Advanced Powertrain System Subsequent in Fuel Efficiency
Market Growth Drivers:
Growing Demand for Increasing Acceleration, High Towing Capacity, Gaining Traction and Generate Power in the Engine and Increasing Consumption Expenditure, High Demand for Automobiles and Up-gradation of Automobile System
Challenges:
Low Customer Inclination to Pay Extra for Sustainable Powertrain Systems
Restraints:
High Cost of Powertrain Systems and Stringent Emission Norms
Opportunities:
Developments in Hybrid Powertrain
Competitive Landscape:
The players are exploring the market in new regions by adopting mergers & acquisitions, expansions, investments, new product launches and collaborations as their preferred strategies. Companies are exploring new geographies through expansions and acquisitions across the globe to avail competitive advantage through combined synergies
Some of the key players profiled in the report are Robert Bosch (Germany), General Motors Company (United States), Denso Corporation (Japan), Aisin Seiki Co. (Japan), Magneti Marelli (Italy), Magna International Inc. (Canada), Valeo (France), Continental AG (Germany), Mitsubishi Electric (Japan), Eaton Corp (Ireland), Ford Motor Company (United States), Delphi Automotive PLC (Ireland), BorgWarner (United States), ZF Friedrichshafen AG (Germany) and Hyundai Motor Company (South Korea). Additionally, following companies can also be profiled that are part of our coverage like AKKA Technologies (Belgium), Ricardo (United Kingdom), FEV (United States) and ThyssenKrupp (Germany). Considering Market by Position, the sub-segment i.e. All-wheel drive (AWD) will boost the Auto Powertrain market. Considering Market by Component, the sub-segment i.e. Engine will boost the Auto Powertrain market.
Latest Market Insights:
In July 2020, Bosch merged the software and electronics teams for future vehicle architecture. As future vehicle architectures become increasingly complex, Bosch has brought together the software and electronics teams into one division for an integrated approach.
In May 2023, DENSO CORPORATION, a leading mobility provider, and United Semiconductor Japan Co., Ltd., a subsidiary of global semiconductor foundry United Microelectronics Corporation, teamed up to produce insulated-gate bipolar transistors, which have entered mass production in a 300mm fab. USJC. The first shipping ceremony was held today to mark this important milestone. It comes just over a year after the two companies announced a strategic partnership on this important power semiconductor used in electric vehicles.
What Can be Explored with the Auto Powertrain Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Auto Powertrain Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Auto Powertrain
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Auto Powertrain market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Auto Powertrain market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Manufacturers of Powertrain, Suppliers of Powertrain Parts, Automotive Industry, Governmental Bodies, Research Firms and Other.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.