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Automotive Powertrain Market Size is Anticipated to Hit US$ 1,264.75 Billion by 2030

Automotive powertrain Market Size 2022-2030, Market Share Analysis, Growth, Trends, Covid 19 Outbreak Impact Research Report Added by Precedence Research.

The global automotive powertrain market size is projected to hit USD 1,264.75 billion by 2030. Furthermore, the CAGR from 2022 to 2030 is positioned to be at a CAGR of 6.1%.

The report contains 150+ pages with detailed analysis. The base year for the study has been considered 2021, the historic year 2017 to 2020, the forecast period considered is from 2022 to 2030.

Download FREE Sample of This Strategic Report with TOC, Graphs & List of Figures @ https://www.precedenceresearch.com/sample/1276

The powertrain of a vehicle defines comfort, safety, and performance. Engines and transmissions are the main components of a powertrain system. Some of the other important components of powertrain include propeller/ drive shaft, torque/ clutch converter, differential, and axles.

Introduction to pollution control norms and other stringent government regulations for emission control have forced vehicle manufacturers to improve the efficiency of powertrain. Hence, advanced technology incorporation such as combustion control improvements applied to the existing engines for example internal combustion engine are expected to thrive the market growth for automotive powertrain in the coming years. Furthermore, the rising need for advanced driving experience has forced manufacturers to incorporate such systems in their business model to cater with the flourishing demand in the present environment. Day-to-day advancements in the automotive industry have opened up lucrative opportunity for the market growth of powertrain systems in the upcoming years.

Moreover, alarming rate of rise in the pollution has impelled governments of various regions to impose strict emission regulations and that in turn has surged the demand for high power engines and more advanced powertrain systems in order to improve the fuel economy and reduce the total carbon emission. In addition, increasing demand for automobile upgradation in order to meet the government regulationsanticipated to drive the market growth for automotive powertrain industry during the forthcoming years.

The COVID-19 pandemic outbreak in the early 2020 has drastically impacted the growth as well as operation of various industries including automotive. Automotive sales were badly affected by the country and cross-country lockdown situation in order to control the spread of COVID-19 virus across the world. However, the industry seems to recover and may take two to three years to gain the same momentum as it was prior to COVID-19 pandemic. In such scenarios, the market for automotive powertrain had also been hit badly owing to slow sales of vehicles. Nonetheless, the increasing demands for advanced powertrains from Electric Vehicle (EV) manufacturers likely to people the market for automotive powertrain in the near future.

Report Highlights

  • On the basis of position, All-wheel Drive (AWD) led the global automotive powertrain market in the year 2020 and anticipated to grow at the fastest rate over the analysis period. This is mainly because of equal torque distribution to all wheels particularly while turning that provides enhanced grip and traction to the automobile. Nowadays, AWD is also being introduced in small passenger vehicles owing to rising demand for smooth driving experience, this in turn projected to drive the market growth for AWD in the near future. Further, the developing nations such as China and Japan witnessed a stupendous rise in the purchasing power of consumer that likely to propel the sale of luxury cars and high-end vehicles and in turn prosper the growth of AWD in the coming years.
  • Based on vehicle type, passenger vehicles dominated the global automotive powertrain market in the year 2020 with more than half of the market revenue share. This is mainly attributed to the higher sales value of passenger vehicles compared to other vehicle types. In addition, rising demand for electric vehicles are likely to further drive the market of powertrains in passenger vehicles.
  • By region, the Asia Pacific is the front-runner in the global automotive powertrain market in terms of revenue in the year 2020 and projected to grow at a rapid pace during the forthcoming years. This is mainly attributed to the rising demand for passenger cars in the region coupled with the increasing demand for automated transmission systems in the emerging countries such as India, China, South Korea, Australia, and Japan. Further, increasing sales of luxury and premium cars owing to increased purchasing power of consumers particularly in the developing nations are likely to boost the demand for advanced powertrains during the coming years.

Competitive Intelligence

The automotive powertrain market report provides an understanding of the market composition and explains the role of established players and regional contributors. It is essential for the market players to make calculative moves and focus on client acquisition and retention. The detailed company profiles will provide the necessary intelligence to the reader. In order to maintain their share, the market players are focusing on strategies such as cross-border expansion, product differentiation, and so on.

Some of the key players in the global automotive powertrain market include are Aisin Seiki Co. Ltd., Ford Motor Company, Borgwarner Inc., General Motors Company, Hyundai Motor Company, GKN PLC, Jtekt Corporation, Volkswagen AG, Toyota Motor Corporation, and ZF Friedrichshafen AG among others.

The global automotive powertrain market research report classifies the market as follows:

By Position

  • All-wheel Drive (AWD)
  • Rear-wheel Drive (RWD)
  • Front-wheel Drive (FWD)

By Engine Type

  • Diesel
  • Gasoline
  • Others

By Vehicle Type

  • Passenger Car
  • Light Commercial Vehicle (LCV)
  • Heavy Commercial Vehicle (HCV)

By Regional Outlook

  • North America
    • US
    • Rest of North America
  • Europe
    • UK
    • Germany
    • France
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Rest of Latin America
  • Middle East & Africa (MEA)
    • GCC
    • North Africa
    • South Africa
    • Rest of the Middle East & Africa

TABLE OF CONTENT

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. Market Dynamics Analysis and Trends

5.1. Market Dynamics

5.1.1. Market Drivers

5.1.2. Market Restraints

5.1.3. Market Opportunities

5.2. Porter’s Five Forces Analysis

5.2.1. Bargaining power of suppliers

5.2.2. Bargaining power of buyers

5.2.3. Threat of substitute

5.2.4. Threat of new entrants

5.2.5. Degree of competition

Chapter 6. Competitive Landscape

6.1.1. Company Market Share/Positioning Analysis

6.1.2. Key Strategies Adopted by Players

6.1.3. Vendor Landscape

6.1.3.1. List of Suppliers

6.1.3.2. List of Buyers

Chapter 7. Global Automotive Powertrain Market, By Position

7.1. Automotive Powertrain Market, by Position, 2021-2030

7.1.1. All-wheel Drive (AWD)

7.1.1.1. Market Revenue and Forecast (2017-2030)

7.1.2. Rear-wheel Drive (RWD)

7.1.2.1. Market Revenue and Forecast (2017-2030)

7.1.3. Front-wheel Drive (FWD)

7.1.3.1. Market Revenue and Forecast (2017-2030)

Chapter 8. Global Automotive Powertrain Market, By Engine Type

8.1. Automotive Powertrain Market, by Engine Type, 2021-2030

8.1.1. Diesel

8.1.1.1. Market Revenue and Forecast (2017-2030)

8.1.2. Gasoline

8.1.2.1. Market Revenue and Forecast (2017-2030)

8.1.3. Others

8.1.3.1. Market Revenue and Forecast (2017-2030)

Chapter 9. Global Automotive Powertrain Market, By Vehicle Type

9.1. Automotive Powertrain Market, by Vehicle Type, 2021-2030

9.1.1. Passenger Car

9.1.1.1. Market Revenue and Forecast (2017-2030)

9.1.2. Light Commercial Vehicle (LCV)

9.1.2.1. Market Revenue and Forecast (2017-2030)

9.1.3. Heavy Commercial Vehicle (HCV)

9.1.3.1. Market Revenue and Forecast (2017-2030)

Chapter 10. Global Automotive Powertrain Market, Regional Estimates and Trend Forecast

10.1. North America

10.1.1. Market Revenue and Forecast, by Position (2017-2030)

10.1.2. Market Revenue and Forecast, by Engine Type (2017-2030)

10.1.3. Market Revenue and Forecast, by Vehicle Type (2017-2030)

10.1.4. U.S.

10.1.4.1. Market Revenue and Forecast, by Position (2017-2030)

10.1.4.2. Market Revenue and Forecast, by Engine Type (2017-2030)

10.1.4.3. Market Revenue and Forecast, by Vehicle Type(2017-2030)

10.1.5. Rest of North America

10.1.5.1. Market Revenue and Forecast, by Position (2017-2030)

10.1.5.2. Market Revenue and Forecast, by Engine Type (2017-2030)

10.1.5.3. Market Revenue and Forecast, by Vehicle Type (2017-2030)

10.2. Europe

10.2.1. Market Revenue and Forecast, by Position (2017-2030)

10.2.2. Market Revenue and Forecast, by Engine Type (2017-2030)

10.2.3. Market Revenue and Forecast, by Vehicle Type (2017-2030)

10.2.4. UK

10.2.4.1. Market Revenue and Forecast, by Position (2017-2030)

10.2.4.2. Market Revenue and Forecast, by Engine Type (2017-2030)

10.2.4.3. Market Revenue and Forecast, by Vehicle Type (2017-2030)

10.2.5. Germany

10.2.5.1. Market Revenue and Forecast, by Position (2017-2030)

10.2.5.2. Market Revenue and Forecast, by Engine Type (2017-2030)

10.2.5.3. Market Revenue and Forecast, by Vehicle Type (2017-2030)

10.2.6. France

10.2.6.1. Market Revenue and Forecast, by Position (2017-2030)

10.2.6.2. Market Revenue and Forecast, by Engine Type (2017-2030)

10.2.6.3. Market Revenue and Forecast, by Vehicle Type (2017-2030)

10.2.7. Rest of Europe

10.2.7.1. Market Revenue and Forecast, by Position (2017-2030)

10.2.7.2. Market Revenue and Forecast, by Engine Type (2017-2030)

10.2.7.3. Market Revenue and Forecast, by Vehicle Type (2017-2030)

10.3. APAC

10.3.1. Market Revenue and Forecast, by Position (2017-2030)

10.3.2. Market Revenue and Forecast, by Engine Type (2017-2030)

10.3.3. Market Revenue and Forecast, by Vehicle Type (2017-2030)

10.3.4. India

10.3.4.1. Market Revenue and Forecast, by Position (2017-2030)

10.3.4.2. Market Revenue and Forecast, by Engine Type (2017-2030)

10.3.4.3. Market Revenue and Forecast, by Vehicle Type (2017-2030)

10.3.5. China

10.3.5.1. Market Revenue and Forecast, by Position (2017-2030)

10.3.5.2. Market Revenue and Forecast, by Engine Type (2017-2030)

10.3.5.3. Market Revenue and Forecast, by Vehicle Type (2017-2030)

10.3.6. Japan

10.3.6.1. Market Revenue and Forecast, by Position (2017-2030)

10.3.6.2. Market Revenue and Forecast, by Engine Type (2017-2030)

10.3.6.3. Market Revenue and Forecast, by Vehicle Type (2017-2030)

10.3.7. Rest of APAC

10.3.7.1. Market Revenue and Forecast, by Position (2017-2030)

10.3.7.2. Market Revenue and Forecast, by Engine Type (2017-2030)

10.3.7.3. Market Revenue and Forecast, by Vehicle Type (2017-2030)

10.4. MEA

10.4.1. Market Revenue and Forecast, by Position (2017-2030)

10.4.2. Market Revenue and Forecast, by Engine Type (2017-2030)

10.4.3. Market Revenue and Forecast, by Vehicle Type (2017-2030)

10.4.4. GCC

10.4.4.1. Market Revenue and Forecast, by Position (2017-2030)

10.4.4.2. Market Revenue and Forecast, by Engine Type (2017-2030)

10.4.4.3. Market Revenue and Forecast, by Vehicle Type (2017-2030)

10.4.5. North Africa

10.4.5.1. Market Revenue and Forecast, by Position (2017-2030)

10.4.5.2. Market Revenue and Forecast, by Engine Type (2017-2030)

10.4.5.3. Market Revenue and Forecast, by Vehicle Type (2017-2030)

10.4.6. South Africa

10.4.6.1. Market Revenue and Forecast, by Position (2017-2030)

10.4.6.2. Market Revenue and Forecast, by Engine Type (2017-2030)

10.4.6.3. Market Revenue and Forecast, by Vehicle Type (2017-2030)

10.4.7. Rest of MEA

10.4.7.1. Market Revenue and Forecast, by Position (2017-2030)

10.4.7.2. Market Revenue and Forecast, by Engine Type (2017-2030)

10.4.7.3. Market Revenue and Forecast, by Vehicle Type (2017-2030)

10.5. Latin America

10.5.1. Market Revenue and Forecast, by Position (2017-2030)

10.5.2. Market Revenue and Forecast, by Engine Type (2017-2030)

10.5.3. Market Revenue and Forecast, by Vehicle Type (2017-2030)

10.5.4. Brazil

10.5.4.1. Market Revenue and Forecast, by Position (2017-2030)

10.5.4.2. Market Revenue and Forecast, by Engine Type (2017-2030)

10.5.4.3. Market Revenue and Forecast, by Vehicle Type (2017-2030)

10.5.5. Rest of LATAM

10.5.5.1. Market Revenue and Forecast, by Position (2017-2030)

10.5.5.2. Market Revenue and Forecast, by Engine Type (2017-2030)

10.5.5.3. Market Revenue and Forecast, by Vehicle Type (2017-2030)

Chapter 11. Company Profiles

11.1. Aisin Seiki Co. Ltd.

11.1.1. Company Overview

11.1.2. Product Offerings

11.1.3. Financial Performance

11.1.4. Recent Initiatives

11.2. Ford Motor Company

11.2.1. Company Overview

11.2.2. Product Offerings

11.2.3. Financial Performance

11.2.4. Recent Initiatives

11.3. Borgwarner Inc.

11.3.1. Company Overview

11.3.2. Product Offerings

11.3.3. Financial Performance

11.3.4. Recent Initiatives

11.4. General Motors Company

11.4.1. Company Overview

11.4.2. Product Offerings

11.4.3. Financial Performance

11.4.4. Recent Initiatives

11.5. Hyundai Motor Company

11.5.1. Company Overview

11.5.2. Product Offerings

11.5.3. Financial Performance

11.5.4. Recent Initiatives

11.6. GKN PLC

11.6.1. Company Overview

11.6.2. Product Offerings

11.6.3. Financial Performance

11.6.4. Recent Initiatives

11.7. Jtekt Corporation

11.7.1. Company Overview

11.7.2. Product Offerings

11.7.3. Financial Performance

11.7.4. Recent Initiatives

11.8. Volkswagen AG

11.8.1. Company Overview

11.8.2. Product Offerings

11.8.3. Financial Performance

11.8.4. Recent Initiatives

11.9. Toyota Motor Corporation

11.9.1. Company Overview

11.9.2. Product Offerings

11.9.3. Financial Performance

11.9.4. Recent Initiatives

11.10. ZF Friedrichshafen AG

11.10.1. Company Overview

11.10.2. Product Offerings

11.10.3. Financial Performance

11.10.4. Recent Initiatives

Chapter 12. Research Methodology

12.1. Primary Research

12.2. Secondary Research

12.3. Assumptions

Chapter 13. Appendix

13.1. About Us

13.2. Glossary of Terms

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Precedence Research

Precedence Research is a worldwide market research and consulting organization. We give unmatched nature of offering to our customers present all around the globe across industry verticals. Precedence Research has expertise in giving deep-dive market insight along with market intelligence to our customers spread crosswise over various undertakings.

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