30 October 2018 - The Global Automotive
Powertrain Market is expected to drive immense growth at a high CAGR in
forthcoming period due to intensive production of vehicles and environmental
regulatory compliant trends. The powertrains in any vehicle are considered to
be the pivotal component of that vehicle and is identified by its engine and
transmission. The power, comfort and safety define the performance quotient of
the vehicle.
Currently
gasoline vehicles score over diesel ones but are fast losing out because of
high priced gasoline which is becoming dearer as compared to diesel oil. This
is leading to manufacturers going in for hybrid powertrains to reduce fuel
consumption in vehicles. Segmentation of automotive powertrain market by
position includes FWD, RWD and AWD. By vehicle type, segmentation of the market
includes passenger car, LCV and HCV.
By
engine type, automotive powertrain market includes gasoline and diesel. By
regions, segmentation of automotive powertrain market includes North America,
Europe, Asia- Pacific, MEA and Latin America. Germany is expected to be largest
market for power trains in the European region. U.S ranks high in North America
with Mexico and Canada trailing. U.S is largest market both by volume and value
in automotive powertrain market.
Transmission
and related parts accounted for little less than half of entire share of
regional after sales market powertrain demand in 2016 while engine and drive
train components touched smaller share of automotive drive train sales market.
European economy is showing signs of revival after the market slump not so long
ago which also saw automobile industry slowing down but with stringent
government norms regarding fuel efficiency, turbochargers are showing the way
around. Fuel efficiency is on the rise once again and market for automotive
powertrain market is witnessing stable growth.
Furthermore,
growth due to combustion control technology applied to I.C engines will add to
growth in automotive powertrain market. A need to make driving more enhanced by
incorporating combustion control features in vehicles has added to further
growth in automotive powertrain market. Emerging economies in a quest for
meeting higher technology demands are installing updated technology in
automobiles leveraging growth in automotive powertrain market. Increased
expenditure, high demand for automobiles and upgradation of automobiles are
expected to be boosters to growth in automotive powertrain market. The key
industry players in automotive powertrain market include Ford Motor Company,
GKN PLC, Toyota Motor Corporation, TJTEKT Corporation, AISIN SEIKI LTD.,
General Motors Company Ltd., Volkswagen AG, Hyundai Motor Corporation, ZF
Freidrichschaffen AG and Borgwarner, Inc.
Market Segment:
Geographically, this report is segmented
into several key Regions, with production, consumption, revenue (million USD),
market share and growth rate of Automotive Powertrain in these regions, from
2013 to 2025 (forecast), covering
•
United States
•
EU
•
China
•
Japan
•
South Korea
•
India
Global Automotive Powertrain market
competition by top manufacturers, with production, price, revenue (value) and
market share for each manufacturer; the top players including
•
Nissan
•
Toyota
•
General Motors
•
Ford Motor
•
Honda
•
BMW
•
Hyundai Motor
•
FCA
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