Automotive Drivetrain Market to reach USD 315 Bn by 2029, Industry Trends and Regional Insights
Pune, 18, April, 2023: Maximize Market Research, an Automotive and Transportation business research firm has published a report on the “Automotive Drivetrain Market”. The total market opportunity for Automotive Drivetrains was USD 185.36 Bn in 2021 and is expected to grow at 7.5 percent CAGR through the forecast period to reach USD 315 Bn by 2029.
Automotive Drivetrain Market Report Scope and Research Methodology
The report offers a detailed analysis of drivers, restraints, opportunities and challenges for the Automotive Drivetrain Market. Both primary and secondary data were thoroughly analyzed and combined in order to offer an accurate and error-free report and to estimate and authenticate global and regional Automotive Drivetrain Market size, the bottom-up approach was used. The primary research employed includes email interactions, telephonic interviews and face-to-face interviews for detailed and unbiased reviews on the Automotive Drivetrain industry, while the secondary data were collected from official databases of various organizations and government sites, annual or financial reports, industry journals, etc. Furthermore, Porter’s Five Forces analysis explains buyers’ bargaining power, the threat of new entrants, suppliers’ bargaining power, the threat of substitutes and the degree of competition in the Automotive Drivetrain Market. SWOT analysis was used to provide the strengths, weaknesses, opportunities and challenges for the key players in the Automotive Drivetrain industry. PESTLE analysis employed helps to understand the Automotive Drivetrain Market from various different perspectives.
Automotive Drivetrain Market Dynamics
The market growth is primarily driven by the increasing developments in all-wheel drive (AWD) for passenger cars and SUVs. The factors that are creating various growth opportunities for the Automotive Drivetrain market growth are the increasing demand for luxury features and the use of advanced technologies. The major factor that is restraining the market growth is the fluctuating prices of raw materials. The high initial and maintenance cost of vehicles equipped with AWD is also expected to restrain the market growth.
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Automotive Drivetrain Market Regional Insights
During the forecast period, the North America region is expected to experience strong revenue growth. The increasing sales of vehicles and increasing consumer preference for pollution-free commute and comfortable driving experiences.
In 2021, the Asia Pacific region held the largest Automotive Drivetrain market share due to the high adoption rates of smart mobility services and the increasing trend towards the adoption of non-fossil fuel vehicles.
Automotive Drivetrain Market Segmentation
By Vehicle Type
- Passenger Vehicle
- Commercial Vehicle
- Electric Vehicle
By Drive Type
- Front Wheel Drive
- Rear Wheel Drive
- All-Wheel Drive
Automotive Drivetrain Market Key Competitors include:
- BorgWarner
- Aisin Seiki Co. Ltd.
- American Axle & Manufacturing
- Continental AG
- Magna International Inc.
- Marelli Holdings Co., Ltd.
- Mitsubishi Electric Corp
- Nidec Corporation
- Robert Bosch GmbH
- Schaeffler AG
- Valeo
- ZF Friedrichshafen AG
- Toyota Motor Corporation
- Hyundai Motor Company
- Volkswagen AG
- JTEKT Corporation
- AxleTech Corporation
- Dana Incorporated
- GKN PLC
- AVL List GmbH
- General Motors
- Ford
- Daimler Chrysler
Table of Content for Automotive Drivetrain Market
- Global Automotive Drivetrain Market: Research Methodology
- Global Automotive Drivetrain Market: Executive Summary
- Market Overview and Definitions
- Introduction to Global Market
- Summary
- Key Findings
- Recommendations for Investors
- Recommendations for Market Leaders
- Recommendations for New Market Entry
- Global Automotive Drivetrain Market: Competitive Analysis
- MMR Competition Matrix
- Market Structure by region
- Competitive Benchmarking of Key Players
- Consolidation in the Market
- M&A by region
- Key Developments by Companies
- Market Drivers
- Market Restraints
- Market Opportunities
- Market Challenges
- Market Dynamics
- PORTERS Five Forces Analysis
- PESTLE
- Regulatory Landscape by region
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- South America
- COVID-19 Impact
- Global Automotive Drivetrain Market Segmentation
- Global Market, by Vehicle Type (2021-2029)
- Global Market, by Drive Type (2021-2029)
- Regional Automotive Drivetrain Market (2021-2029)
- Regional Market, by Vehicle Type (2021-2029)
- Regional Market, by Drive Type (2021-2029)
- Regional Market, by Country (2021-2029)
- Company Profile: Key players
- Company Overview
- Financial Overview
- Global Presence
- Capacity Portfolio
- Business Strategy
- Recent Developments
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Key questions answered in the Automotive Drivetrain Market are:
- What is the expected Automotive Drivetrain Market size by 2029?
- What was the Automotive Drivetrain Market size in 2021?
- What is the expected CAGR of the Automotive Drivetrain Market during the forecast period?
- Which Automotive Drivetrain Market segment held the largest share in 2021?
- Which Automotive Drivetrain Market segment is expected to grow at a high rate during the forecast period?
- Who are the key players in the Automotive Drivetrain industry?
- What are the factors driving the Automotive Drivetrain Market growth?
- What are the factors restraining the Automotive Drivetrain Market growth?
- What are the factors creating growth opportunities for the Automotive Drivetrain Market?
- Which region held the largest Automotive Drivetrain Market share in 2021?
- Which regional Automotive Drivetrain Market is expected to grow at a high CAGR during the forecast period?
Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2021)
- Past Pricing and price curve by region (2018 to 2021)
- Market Size, Share, Size & Forecast by different segment | 2022−2029
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
- Market Segmentation – A detailed analysis by Vehicle Type, Drive Type and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of business by region
- Lucrative business opportunities with SWOT analysis
- Recommendations
Maximize Market Research is leading Automotive and Transportation research firm, has also published the following reports:
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About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical Vehicle Types and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, Vehicle Typeion and demand analysis, and client impact studies.
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