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Automotive Drivetrain Market Projected to Hit $314.4 Billion by 2019

Automotive Drivetrain Market trends & forecast to 2020, report categorizes global market by Drive Type (FWD, RWD, & AWD), Vehicle Type (passenger car, LCV, & HCV) & by region (Asia-oceania, Europe, North America & ROW).

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Automotive Drivetrain Market Projected to Hit $314.4 Billion by 2019

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  1. MarketsandMarkets Presents Automotive Drivetrain Market by Drive Type, Vehicle Type, & Region - Industry Trends & Forecast to 2019

  2. The report "Automotive Drivetrain Market by Drive Type (FWD, RWD, & AWD), Vehicle Type (Passenger Car, LCV, & HCV), & Region (Asia-Oceania, Europe, North America, & ROW) - Industry Trends & Forecast to 2019", classifies and defines the automotive drivetrain market in terms of value and volume. The report highlights potential growth opportunities for automotive drivetrain market in the coming years, and also covers the review of - market drivers, restraints, opportunities, challenges, competitive landscape, and other key aspects related to automotive drivetrain market. • Browse • 78 market tables • 38 figures  • 250 pages and in-depth TOC on "Automotive Drivetrain Market ”. • You can speak to our analyst@ • http://www.marketsandmarkets.com/speaktoanalyst.asp?id=48326627

  3. Source: MarketsandMarkets Analysis Automotive Drivetrain Market Size, by Drivetype, 2014 vs. 2019 ($Million) Source: MarketsandMarkets Analysis

  4. The drivetrain of a vehicle is a system which includes various components that are used to deliver power to the wheels of the vehicle. Automotive drivetrain includes components such as transmission, driveshaft, clutch/torque converter, differential, transfer case, and locking hubs. In case of manual transmission, clutch is used and in case of automatic transmission torque converter is used; hence, both the components are considered into the drivetrain. The Automotive Drivetrain Market is mainly driven by factors such as growing demand for comfort and safety in vehicles, increase in need for better acceleration, traction, and towing capability in vehicles to pass through unfavourable terrain and extreme weather conditions for safe driving. In this research study, the automotive drivetrain market is classified into three segments such as by Region (Asia-Oceania, North America, Europe, and RoW), by Vehicle Type (Passenger Car, Light Commercial Vehicle, and Heavy Commercial Vehicle), and Drive Type (Front-Wheel Drive, Rear-Wheel Drive, and All-Wheel Drive). The report also provides a comprehensive review of market drivers, restraints, opportunities, challenges, and key issues in the automotive drivetrain market. The key players in the market for automotive drivetrain have also been identified and profiled. Apart from quantitative analysis of these markets, the report also covers qualitative aspects such as value chain analysis, PEST analysis and Porter’s five force analysis for the automotive drivetrain market.

  5. Region-wise, a major share of the automotive drivetrain market value is generated by Asia-Oceania, as it is the major hub for vehicle production. Moreover, the increasing demand for automobiles has also offered a major contribution for growth in this region. The second and third position is taken by North America and Europe, respectively. Introduction of technically advanced transmission systems, specifically automatic transmission systems, and rapid adoption of the same have had a great influence on the Automotive Drivetrain market of the North American and European regions. Asia-Oceania: The Asia-Oceania region includes nations such as China, Japan, South Korea & India. With a combined population being 1/3rd of the global population, the demand for vehicles in the region is on a steady rise which is also driving the market for drivetrains. Tier 1 suppliers such as JTEKT Corp. (Japan), Aisin Seiki Co., Ltd (Japan), and GKN plc (U.K.) are some of the dominant players in this region that have strong presence in this region. Europe: The European economy is slowly recovering after the economic downturn experienced in 2009; this slump has affected automotive industry within the region. However, there are only a handful of countries that contribute to the growth of the European market (Germany, U.K., France, Spain & Italy). With stringent emission norms and need for better fuel efficiency, the OEMs are opting for technological advancements to improve vehicle drivetrains. The European region is projected to show a stable growth rate for the period under study. Germany is estimated to be the largest market for automotive drivetrain in the European region.

  6. North America: The U.S. economy is booming at a slow rate after the economic crisis, but car and truck production has been growing steadily for the past two years. The OEMs are producing a ton of attractive new products to intensify the sales and production back to pre-recession levels. They are also offering low-cost credit for the new buyers. The report covers the automotive drivetrain market in terms of volume and value. The market size from 2012 to 2019 with regards to volume, is provided in terms of thousand units (‘000 Units), whereas the value of the market is provided in terms of USD million ($million) from 2012 to 2019. The automotive drivetrain market is broadly classified by region (Asia-Oceania, Europe, North America, and RoW), focusing on key countries in each region. Further, the market is also segmented on the basis of drive type (FWD, RWD, & AWD), and vehicle type (passenger car, LCV, & HCV). The report also gives a comprehensive review of market drivers, restraints, opportunities, challenges and other related aspects in the automotive drivetrain market. The key players in this market have also been identified and profiled. Few major players contributing to the global automotive drivetrain market are ZF Friedrichshafen AG (Germany), JTEKT Corp. (Japan), Aisin Seiki Co.; Ltd (Japan), American Axle and Manufacturing Inc. (U.S.), BorgWarner Inc. (U.S.), and GKN plc (U.K.).

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  8. About MarketsandMarkets MarketsandMarkets is a global market research and consulting company based in the U.S. We publish strategically analyzed market research reports and serve as a business intelligence partner to Fortune 500 companies across the world. MarketsandMarkets also provides multi-client reports, company profiles, databases, and custom research services. They cover thirteen industry verticals, including advanced materials, automotives and transportation, banking and financial services, biotechnology, chemicals, consumer goods, energy and power, food and beverages, industrial automation, medical devices, pharmaceuticals, semiconductor and electronics, and telecommunications and IT. We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

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