March 28, 2024

All-Wheel Drive Market Size To Cross USD 58.6 Bn by 2030

The global all-wheel drive market size accounted for US$ 37.4 billion in 2021 and is projected to reach around USD 58.6 billion by 2030, growing at a CAGR of 5.15% from 2022 to 2030. Huge demand for advanced safety features in recent vehicles has emerged as a major driving force for the growth of the all-wheel drive market.

All-Wheel Drive Market Size, Forecast Statistics 2022-2030 (USD Billion)

Report Summary

The global all-wheel drive market report provides a Point-by-Point and In-Depth analysis of global market size, regional and country-level market size, market share, segmentation market growth, competitive landscape, sales analysis, opportunities analysis, strategic market growth analysis, the impact of domestic and global market key players, value chain optimization, trade regulations, recent developments, product launches, area marketplace expanding, and technological innovations. Global all-wheel drive market study covered in the report spans a forecast period from 2022 to 2030.

The study offers a comprehensive analysis on diverse features, including production capacities, demand, product developments, revenue generation, and sales in the all-wheel drive market across the globe.

A comprehensive estimate on the all-wheel drive market has been provided through an optimistic scenario as well as a conservative scenario, taking into account the sales of all-wheel drive during the forecast period. Price point comparison by region with global average price is also considered in the study

All-Wheel Drive Key Highlights:

Reports Coverage: It incorporates key market sections, key makers secured, the extent of items offered in the years considered, worldwide containerized all-wheel drive market and study goals. Moreover, it contacts the division study gave in the report based on the sort of item and applications.

Market Outline: This area stresses the key investigations, market development rate, serious scene, market drivers, patterns, and issues notwithstanding the naturally visible pointers.

Market Production by Region: The report conveys information identified with import and fare, income, creation, and key players of every single local market contemplated are canvassed right now.

All-Wheel Drive Market Dynamics

Drivers

  • Increasing Global Demand for SUVs
  • Unfavorable Terrain for Safe Driving
  • Increasing Demand for Improved Vehicle Safety, Stability, and Enhanced Driving Dynamics

Restraints

  • Stringent Fuel Economy Standards
  • High Cost of AWD System

Opportunities

  • Automatic AWD

Challenges

  • Lack of Awareness About AWD Among Consumers in Emerging Economies

Also Read: IT Services Outsourcing Market Size USD 1065.10 Bn by 2030

All-Wheel Drive Market Players

The report includes the profiles of key all-wheel drive 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, key development in past five years.

Major companies operating in this area are:

  • ZF Friedrichshafen AG (Germany)
  • Magna International Inc. (Canada)
  • BorgWarner Inc. (U.S.)
  • Continental AG (Germany)
  • JTEKT Corporation (Japan)

Market Segmentation

By Type

  • Manual
  • Automatic

By Propulsion

  • Ice Vehicle
  • Electric

By Application

  • On Road
  • Off Road

By Vehicle Type

By EV Type

  • Battery Electric Vehicles (BEV)
  • Plug-in Hybrid Electric Vehicle (PHEV)

By Component

  • Differential
  • Transfer case
  • Propeller shaft
  • Power Transfer Unit
  • Final Drive Unit

Regional Segmentation

  • North America (U.S., Canada, Mexico)
  • 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)

Research Methodology

Secondary Research

It involves company databases such as Hoover’s: This assists us to recognize financial information, the structure of the market participants and industry’s competitive landscape.

The secondary research sources referred in the process are as follows:

  • Governmental bodies, and organizations creating economic policies
  • National and international social welfare institutions
  • Company websites, financial reports and SEC filings, broker and investor reports
  • Related patent and regulatory databases
  • Statistical databases and market reports
  • Corporate Presentations, news, press release, and specification sheet of Manufacturers

Primary Research

Primary research includes face-to-face interviews, online surveys, and telephonic interviews.

  • Means of primary research: Email interactions, telephonic discussions and Questionnaire-based research etc.
  • In order to validate our research findings and analysis, we conduct primary interviews of key industry participants. Insights from primary respondents help in validating the secondary research findings. It also develops Research Team’s expertise and market understanding.

Why should you invest in this report?

If you are aiming to enter the global all-wheel drive market, this report is a comprehensive guide that provides crystal clear insights into this niche market. All the major application areas for all-wheel drive 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 2022-2030 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 Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on All-Wheel Drive Market 

5.1. COVID-19 Landscape: All-Wheel Drive Industry Impact

5.2. COVID 19 – Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

Chapter 6. Market Dynamics Analysis and Trends

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global All-Wheel Drive Market, By Type

8.1. All-Wheel Drive Market, by Type, 2022-2030

8.1.1. Component

8.1.1.1. Market Revenue and Forecast (2017-2030)

8.1.2. Automatic

8.1.2.1. Market Revenue and Forecast (2017-2030)

Chapter 9. Global All-Wheel Drive Market, By Propulsion

9.1. All-Wheel Drive Market, by Propulsion, 2022-2030

9.1.1. Ice Vehicle

9.1.1.1. Market Revenue and Forecast (2017-2030)

9.1.2. Electric

9.1.2.1. Market Revenue and Forecast (2017-2030)

Chapter 10. Global All-Wheel Drive Market, By Application

10.1. All-Wheel Drive Market, by Application, 2022-2030

10.1.1. On Road

10.1.1.1. Market Revenue and Forecast (2017-2030)

10.1.2. Off Road

10.1.2.1. Market Revenue and Forecast (2017-2030)

Chapter 11. Global All-Wheel Drive Market, By Vehicle Type

11.1. All-Wheel Drive Market, by Vehicle Type, 2022-2030

11.1.1. Passenger Vehicles

11.1.1.1. Market Revenue and Forecast (2017-2030)

11.1.2. Commercial Vehicles

11.1.2.1. Market Revenue and Forecast (2017-2030)

Chapter 12. Global All-Wheel Drive Market, By EV Type

12.1. All-Wheel Drive Market, by EV Type, 2022-2030

12.1.1. Battery Electric Vehicles (BEV)

12.1.1.1. Market Revenue and Forecast (2017-2030)

12.1.2. Plug-in Hybrid Electric Vehicle (PHEV)

12.1.2.1. Market Revenue and Forecast (2017-2030)

Chapter 13. Global All-Wheel Drive Market, By Component

13.1. All-Wheel Drive Market, by Component, 2022-2030

13.1.1. Differential

13.1.1.1. Market Revenue and Forecast (2017-2030)

13.1.2. Transfer case

13.1.2.1. Market Revenue and Forecast (2017-2030)

13.1.3. Propeller shaft

13.1.3.1. Market Revenue and Forecast (2017-2030)

13.1.4. Power Transfer Unit

13.1.4.1. Market Revenue and Forecast (2017-2030)

13.1.5. Final Drive Unit

13.1.5.1. Market Revenue and Forecast (2017-2030)

Chapter 14. Global All-Wheel Drive Market, Regional Estimates and Trend Forecast

14.1. North America

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

14.1.2. Market Revenue and Forecast, by Propulsion (2017-2030)

14.1.3. Market Revenue and Forecast, by Application (2017-2030)

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

14.1.5. Market Revenue and Forecast, by EV Type (2017-2030)

14.1.6. Market Revenue and Forecast, by Component (2017-2030)

14.1.7. U.S.

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

14.1.7.2. Market Revenue and Forecast, by Propulsion (2017-2030)

14.1.7.3. Market Revenue and Forecast, by Application (2017-2030)

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

14.1.8. Market Revenue and Forecast, by EV Type (2017-2030)

14.1.8.1. Market Revenue and Forecast, by Component (2017-2030)

14.1.9. Rest of North America

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

14.1.9.2. Market Revenue and Forecast, by Propulsion (2017-2030)

14.1.9.3. Market Revenue and Forecast, by Application (2017-2030)

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

14.1.10. Market Revenue and Forecast, by EV Type (2017-2030)

14.1.11. Market Revenue and Forecast, by Component (2017-2030)

14.1.11.1.

14.2. Europe

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

14.2.2. Market Revenue and Forecast, by Propulsion (2017-2030)

14.2.3. Market Revenue and Forecast, by Application (2017-2030)

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

14.2.5. Market Revenue and Forecast, by EV Type (2017-2030)

14.2.6. Market Revenue and Forecast, by Component (2017-2030)

14.2.7.

14.2.8. UK

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

14.2.8.2. Market Revenue and Forecast, by Propulsion (2017-2030)

14.2.8.3. Market Revenue and Forecast, by Application (2017-2030)

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

14.2.10. Market Revenue and Forecast, by EV Type (2017-2030)

14.2.10.1. Market Revenue and Forecast, by Component (2017-2030)

14.2.11. Germany

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

14.2.11.2. Market Revenue and Forecast, by Propulsion (2017-2030)

14.2.11.3. Market Revenue and Forecast, by Application (2017-2030)

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

14.2.13. Market Revenue and Forecast, by EV Type (2017-2030)

14.2.14. Market Revenue and Forecast, by Component (2017-2030)

14.2.14.1.

14.2.15. France

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

14.2.15.2. Market Revenue and Forecast, by Propulsion (2017-2030)

14.2.15.3. Market Revenue and Forecast, by Application (2017-2030)

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

14.2.16. Market Revenue and Forecast, by EV Type (2017-2030)

14.2.16.1. Market Revenue and Forecast, by Component (2017-2030)

14.2.17. Rest of Europe

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

14.2.17.2. Market Revenue and Forecast, by Propulsion (2017-2030)

14.2.17.3. Market Revenue and Forecast, by Application (2017-2030)

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

14.2.18. Market Revenue and Forecast, by EV Type (2017-2030)

14.2.18.1. Market Revenue and Forecast, by Component (2017-2030)

14.3. APAC

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

14.3.2. Market Revenue and Forecast, by Propulsion (2017-2030)

14.3.3. Market Revenue and Forecast, by Application (2017-2030)

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

14.3.5. Market Revenue and Forecast, by EV Type (2017-2030)

14.3.6. Market Revenue and Forecast, by Component (2017-2030)

14.3.7. India

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

14.3.7.2. Market Revenue and Forecast, by Propulsion (2017-2030)

14.3.7.3. Market Revenue and Forecast, by Application (2017-2030)

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

14.3.8. Market Revenue and Forecast, by EV Type (2017-2030)

14.3.9. Market Revenue and Forecast, by Component (2017-2030)

14.3.10. China

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

14.3.10.2. Market Revenue and Forecast, by Propulsion (2017-2030)

14.3.10.3. Market Revenue and Forecast, by Application (2017-2030)

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

14.3.11. Market Revenue and Forecast, by EV Type (2017-2030)

14.3.11.1. Market Revenue and Forecast, by Component (2017-2030)

14.3.12. Japan

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

14.3.12.2. Market Revenue and Forecast, by Propulsion (2017-2030)

14.3.12.3. Market Revenue and Forecast, by Application (2017-2030)

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

14.3.12.5. Market Revenue and Forecast, by EV Type (2017-2030)

14.3.12.6. Market Revenue and Forecast, by Component (2017-2030)

14.3.13. Rest of APAC

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

14.3.13.2. Market Revenue and Forecast, by Propulsion (2017-2030)

14.3.13.3. Market Revenue and Forecast, by Application (2017-2030)

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

14.3.13.5. Market Revenue and Forecast, by EV Type (2017-2030)

14.3.13.6. Market Revenue and Forecast, by Component (2017-2030)

14.4. MEA

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

14.4.2. Market Revenue and Forecast, by Propulsion (2017-2030)

14.4.3. Market Revenue and Forecast, by Application (2017-2030)

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

14.4.5. Market Revenue and Forecast, by EV Type (2017-2030)

14.4.6. Market Revenue and Forecast, by Component (2017-2030)

14.4.7. GCC

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

14.4.7.2. Market Revenue and Forecast, by Propulsion (2017-2030)

14.4.7.3. Market Revenue and Forecast, by Application (2017-2030)

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

14.4.8. Market Revenue and Forecast, by EV Type (2017-2030)

14.4.9. Market Revenue and Forecast, by Component (2017-2030)

14.4.10. North Africa

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

14.4.10.2. Market Revenue and Forecast, by Propulsion (2017-2030)

14.4.10.3. Market Revenue and Forecast, by Application (2017-2030)

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

14.4.11. Market Revenue and Forecast, by EV Type (2017-2030)

14.4.12. Market Revenue and Forecast, by Component (2017-2030)

14.4.13. South Africa

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

14.4.13.2. Market Revenue and Forecast, by Propulsion (2017-2030)

14.4.13.3. Market Revenue and Forecast, by Application (2017-2030)

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

14.4.13.5. Market Revenue and Forecast, by EV Type (2017-2030)

14.4.13.6. Market Revenue and Forecast, by Component (2017-2030)

14.4.14. Rest of MEA

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

14.4.14.2. Market Revenue and Forecast, by Propulsion (2017-2030)

14.4.14.3. Market Revenue and Forecast, by Application (2017-2030)

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

14.4.14.5. Market Revenue and Forecast, by EV Type (2017-2030)

14.4.14.6. Market Revenue and Forecast, by Component (2017-2030)

14.5. Latin America

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

14.5.2. Market Revenue and Forecast, by Propulsion (2017-2030)

14.5.3. Market Revenue and Forecast, by Application (2017-2030)

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

14.5.5. Market Revenue and Forecast, by EV Type (2017-2030)

14.5.6. Market Revenue and Forecast, by Component (2017-2030)

14.5.7. Brazil

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

14.5.7.2. Market Revenue and Forecast, by Propulsion (2017-2030)

14.5.7.3. Market Revenue and Forecast, by Application (2017-2030)

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

14.5.8. Market Revenue and Forecast, by EV Type (2017-2030)

14.5.8.1. Market Revenue and Forecast, by Component (2017-2030)

14.5.9. Rest of LATAM

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

14.5.9.2. Market Revenue and Forecast, by Propulsion (2017-2030)

14.5.9.3. Market Revenue and Forecast, by Application (2017-2030)

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

14.5.9.5. Market Revenue and Forecast, by EV Type (2017-2030)

14.5.9.6. Market Revenue and Forecast, by Component (2017-2030)

Chapter 15. Company Profiles

15.1. ZF Friedrichshafen AG (Germany)

15.1.1. Company Overview

15.1.2. Product Offerings

15.1.3. Financial Performance

15.1.4. Recent Initiatives

15.2. Magna International Inc. (Canada)

15.2.1. Company Overview

15.2.2. Product Offerings

15.2.3. Financial Performance

15.2.4. Recent Initiatives

15.3. BorgWarner Inc. (U.S.)

15.3.1. Company Overview

15.3.2. Product Offerings

15.3.3. Financial Performance

15.3.4. Recent Initiatives

15.4. Continental AG (Germany)

15.4.1. Company Overview

15.4.2. Product Offerings

15.4.3. Financial Performance

15.4.4. Recent Initiatives

15.5. JTEKT Corporation (Japan)

15.5.1. Company Overview

15.5.2. Product Offerings

15.5.3. Financial Performance

15.5.4. Recent Initiatives

Chapter 16. Research Methodology

16.1. Primary Research

16.2. Secondary Research

16.3. Assumptions

Chapter 17. Appendix

17.1. About Us

17.2. Glossary of Terms

Thanks for reading you can also get individual chapter-wise sections or region-wise report versions such as North America, Europe, or the Asia Pacific.

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