Automotive Powertrain

Automotive Powertrain Market Size is Estimated to be US$ 1,266 Bn by 2030 Automotive Powertrain Market Size, Share and Growth Analysis - Global Industry Analysis, Trends, Regional Outlook, and Forecast 2021 - 2030

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[150+ Pages Report] The automotive powertrain market size in terms of value is projected to reach $ 1,266 billion by 2030, at a CAGR of 6.1% between 2021 and 2030, according to a 2021 study by Precedence Research, the Canada based market insight company.

The study provides the overall revenue of the global automotive powertrain market from 2017 to 2030, considering 2020 as the base year and 2030 as the forecast year.

The global automotive powertrain market research report gives a brief summary of definitions, size analysis, and place of production, sales, applications, types, and major players/key vendors of the automotive powertrain industry. The report presents fresh perspectives on opportunities and challenges in a significantly transformed post-COVID-19 marketplace. This research study also integrates Industry Chain analysis and Porter’s Five Forces Analysis. Further, this report offers a competitive scenario that comprises collaborations, market concentration rate and expansions, mergers & acquisitions undertaken by companies.

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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.

Top Players Contending in the Market:

The key companies are aiming towards advanced innovations and are predictable to dominate the target market. Foremost players inspiring in the global automotive powertrain market 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.

Market Segmentation

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)

Regional Segmentation

  • North America (U.S. and Canada)
  • Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
  • Asia-Pacific (China, Japan, India, Southeast Asia and Rest of APAC)
  • Latin America (Brazil and Rest of Latin America)
  • Middle East and Africa (GCC, North Africa, South Africa, Rest of MEA)

Some of the key highlights of the report are:

  • Market Demand Outlook – The report offers refined forecasts on potential growth prospects for the market. Based on data derived after thorough research by a team of expert analysis, Precedence Research presents the most precise rate of growth for the market for the assessment period starting from 2021 – 2030.
  • Supply Chain Analysis – The purpose of the survey is to help companies identify potential scope for supply chain expansion. The study also presents analysis of unprecedented threats.
  • Competitive Landscape Analysis – Some of the leading companies operating in the automotive powertrain market are profiled in the market study. The report also underscores winning strategies adopted over the last few years and gauges impact of the same on growth trajectory exhibited by the market over the last few years.

Why should you invest in this report?

If you are aiming to enter the global automotive powertrain market, this report is a comprehensive guide that provides crystal clear insights into this niche market. All the major application areas for automotive powertrain are covered in this report and information is given on the important regions of the world where this market is likely to boom during the forecast period of 2021-2030 so that you can plan your strategies to enter this market accordingly.

Besides, through this report, you can have a complete grasp of the level of competition you will be facing in this hugely competitive market and if you are an established player in this market already, this report will help you gauge the strategies that your competitors have adopted to stay as market leaders in this market. For new entrants to this market, the voluminous data provided in this report is invaluable.

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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