The drivetrain system involves the wheels, the drive shafts, the axles, the CV joints, the U joints, and the transmission of a vehicle. All these components which form a part of the drivetrain system are in charge for transmitting power or torque to the wheels to make the vehicle move frontward. Drive shafts are long tubular steel assemblies which are linked to the gear box or transmission of a vehicle and helps in the rotary movement of the wheels.
MARKET DYNAMICS
Growing demand for comfort & safety in vehicles, better vehicle control in unfavorable terrains and growing demand for lightweight driveshaft are some of the major factors driving the growth of the automotive drivetrain market. Moreover, increasing necessity for better acceleration, traction, & towing capabilities in vehicles is anticipated to boost the growth of the market.
MARKET SCOPE
The "Global Automotive Drivetrain Market Analysis to 2028"? is a specialized and in-depth study of the automotive drivetrain market with a special focus on the global market trend analysis. The report aims to provide an overview of automotive drivetrain market with detailed market segmentation by vehicle type, drive type. The global automotive drivetrain market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading automotive drivetrain market players and offers key trends and opportunities in the automotive drivetrain market.
MARKET SEGMENTATION
The global automotive drivetrain market is segmented on the basis of vehicle type, drive type. On the basis of vehicle type, the market is segmented as passenger car, light commercial vehicles, heavy commercial vehicles, battery electric vehicles, plug-in hybrid electric vehicles, hybrid electric vehicles. On the basis of drive type, the market is segmented as front wheel drive, rear wheel drive, all-wheel drive.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global automotive drivetrain market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The automotive drivetrain market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting automotive drivetrain market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the automotive drivetrain market in these regions.
MARKET PLAYERS
The reports cover key developments in the automotive drivetrain market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from automotive drivetrain market are anticipated to lucrative growth opportunities in the future with the rising demand for automotive drivetrain market. Below mentioned is the list of few companies engaged in the automotive drivetrain market.
The report also includes the profiles of key automotive drivetrain market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- Aisin Seiki Co., Ltd.
- American Axle & Manufacturing, Inc.
- BorgWarner Inc.
- GKN PLC
- ZF Friedrichshafen AG
- Magna International Inc.
- Dana Incorporated
- JTEKT Corporation
- Showa Corporation
- Schaeffler Group
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