Market Overview:
The global automotive power transfer unit (PTU) market is estimated to be valued at US$ XX Mn in 2018 and is projected to reach US$ XX Mn by 2030, exhibiting a CAGR of X.X% during the forecast period. The growth of the global automotive PTU market can be attributed to the increasing demand for passenger vehicles and commercial vehicles across the globe. Additionally, rising awareness about fuel efficiency and safety is also expected to boost the demand for automotive PTUs over the forecast period. On basis of type, OEM segment is anticipated to account for a major share of revenue in global automotive PTU market throughout the forecast period. This can be attributed to increasing adoption of advanced technologies by original equipment manufacturers (OEMs). However, aftermarket segment is projected grow at a higher CAGR as compared to OEM segment over 2018-2030 owing growing inclination towards replacement parts among consumers across different regions globally.
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Product Definition:
An automotive power transfer unit (PTU) is a device used in all-wheel drive and four-wheel drive vehicles to transfer torque between the front and rear axles. The PTU is located between the transmission and the differential, and it uses a series of gears to transmit power from one axle to the other. The PTU plays an important role in distributing torque evenly across all four wheels, which helps improve traction and handling on slippery surfaces.
OEM:
OEM is an abbreviation for Original Equipment Manufacturer. It is a company that manufactures automobile parts and accessories, which are used in another company’s product. The OEM can be either the original manufacturer of the part or can be a company who has licensed the brand and technology (patent) of an original manufacturer. For example, Acura produces Honda's power train components under its own brand name while maintaining Honda as the primary brand owner.
Aftermarket:
Aftermarket is the secondary market for the sale of goods and services related to maintenance, repair, and overhaul of machinery, equipment or vehicles. Aftermarket includes all commercial activities associated with lubricants (lubricant additives also), spare parts (spare part accessories also), service contracts and any other trade that takes place after the purchase/use of machinery/equipment by a customer.
Application Insights:
The commercial vehicle segment dominated the global automotive power transfer unit (PTU) market in 2017, accounting for over 60.0% share of the overall revenue. The growth can be attributed to increasing demand for passenger and light commercial vehicles across developing countries such as India, China and Brazil. In addition, growing emphasis on fuel efficiency by companies including Ford Motor Company and General Motors is expected to drive the demand further over the forecast period.
Passenger vehicle application segment is expected to witness significant growth in future owing to rising disposable income among consumers globally coupled with an increase in per capita ownership of cars or trucks among that demographic group since 2015.
Regional Analysis:
Asia Pacific accounted for the largest revenue share in 2017 and is expected to continue its dominance over the forecast period. The region has witnessed a surge in sales of PTU-equipped vehicles, particularly electric vehicles, owing to increasing government regulations mandating the use of energy-efficient automotive equipment. China is estimated to be one of the key contributors towards regional growth owing to its large production base along with growing demand from other emerging economies such as India and Indonesia.
North America emerged as a major contributor towards market growth due to rising demand for improved fuel economy among consumers who are increasingly becoming aware regarding global warming potential associated with vehicle exhausts. Europe also held a significant share in terms of revenue due to high demand from countries such as Norway, Sweden and Denmark which are amongst top 10 producers per capita across the globe. Demand for PTU's is likely rise significantly during 2018 Brexit negotiations when UK leaves European Union (EU).
Growth Factors:
- Increasing demand for electric and hybrid vehicles: The automotive PTU market is expected to grow at a CAGR of 6.5% from 2017 to 2025, owing to the increasing demand for electric and hybrid vehicles. This is because electric and hybrid vehicles are more fuel-efficient as compared to traditional gasoline or diesel-powered vehicles, which will lead to an increase in their adoption across the globe.
- Stringent emission norms: Stringent emission norms have been introduced by various governments around the world in an effort to reduce air pollution levels. Automotive PTUs help reduce emissions from a vehicle by transferring power between the engine and wheels in an efficient manner. As a result, automotive PTU manufacturers are expected to benefit from the increasing demand for eco-friendly vehicles worldwide.
- Rising disposable income: A rise in disposable income has led consumers globally towards purchasing premium cars with advanced features such as automatic transmission systems, which require automotive PTUs for their functioning . This is expected to drive growth of the global automotive PTU market during the forecast period .
Scope Of The Report
Report Attributes
Report Details
Report Title
Automotive Power Transfer Unit (PTU) Market Research Report
By Type
OEM, Aftermarket
By Application
Passenger Vehicle, Commercial Vehicle
By Companies
AAM, GKN, Neapco Components, LLC, Transtar
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
241
Number of Tables & Figures
169
Customization Available
Yes, the report can be customized as per your need.
Global Automotive Power Transfer Unit (PTU) Market Report Segments:
The global Automotive Power Transfer Unit (PTU) market is segmented on the basis of:
Types
OEM, Aftermarket
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Passenger Vehicle, Commercial Vehicle
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- AAM
- GKN
- Neapco Components, LLC
- Transtar
 Market Overview.svg)
Highlights of The Automotive Power Transfer Unit (PTU) Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- OEM
- Aftermarket
- By Application:
- Passenger Vehicle
- Commercial Vehicle
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Automotive Power Transfer Unit (PTU) Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
An automotive power transfer unit (PTU) is a device that allows an engine to be run off of electricity instead of gasoline or diesel. PTUs are often used in hybrid and electric vehicles, as they allow the vehicle to have a longer range than traditional gasoline or diesel-powered cars.
Some of the key players operating in the automotive power transfer unit (ptu) market are AAM, GKN, Neapco Components, LLC, Transtar.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Automotive Power Transfer Unit (PTU) Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Automotive Power Transfer Unit (PTU) Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Automotive Power Transfer Unit (PTU) Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Automotive Power Transfer Unit (PTU) Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Automotive Power Transfer Unit (PTU) Market Size & Forecast, 2018-2028
4.5.1 Automotive Power Transfer Unit (PTU) Market Size and Y-o-Y Growth
4.5.2 Automotive Power Transfer Unit (PTU) Market Absolute $ Opportunity
Chapter 5 Global Automotive Power Transfer Unit (PTU) Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Automotive Power Transfer Unit (PTU) Market Size Forecast by Type
5.2.1 OEM
5.2.2 Aftermarket
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Automotive Power Transfer Unit (PTU) Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Automotive Power Transfer Unit (PTU) Market Size Forecast by Applications
6.2.1 Passenger Vehicle
6.2.2 Commercial Vehicle
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Automotive Power Transfer Unit (PTU) Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Automotive Power Transfer Unit (PTU) Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Automotive Power Transfer Unit (PTU) Analysis and Forecast
9.1 Introduction
9.2 North America Automotive Power Transfer Unit (PTU) Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Automotive Power Transfer Unit (PTU) Market Size Forecast by Type
9.6.1 OEM
9.6.2 Aftermarket
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Automotive Power Transfer Unit (PTU) Market Size Forecast by Applications
9.10.1 Passenger Vehicle
9.10.2 Commercial Vehicle
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Automotive Power Transfer Unit (PTU) Analysis and Forecast
10.1 Introduction
10.2 Europe Automotive Power Transfer Unit (PTU) Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Automotive Power Transfer Unit (PTU) Market Size Forecast by Type
10.6.1 OEM
10.6.2 Aftermarket
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Automotive Power Transfer Unit (PTU) Market Size Forecast by Applications
10.10.1 Passenger Vehicle
10.10.2 Commercial Vehicle
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Automotive Power Transfer Unit (PTU) Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Automotive Power Transfer Unit (PTU) Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Automotive Power Transfer Unit (PTU) Market Size Forecast by Type
11.6.1 OEM
11.6.2 Aftermarket
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Automotive Power Transfer Unit (PTU) Market Size Forecast by Applications
11.10.1 Passenger Vehicle
11.10.2 Commercial Vehicle
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Automotive Power Transfer Unit (PTU) Analysis and Forecast
12.1 Introduction
12.2 Latin America Automotive Power Transfer Unit (PTU) Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Automotive Power Transfer Unit (PTU) Market Size Forecast by Type
12.6.1 OEM
12.6.2 Aftermarket
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Automotive Power Transfer Unit (PTU) Market Size Forecast by Applications
12.10.1 Passenger Vehicle
12.10.2 Commercial Vehicle
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Automotive Power Transfer Unit (PTU) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Automotive Power Transfer Unit (PTU) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Automotive Power Transfer Unit (PTU) Market Size Forecast by Type
13.6.1 OEM
13.6.2 Aftermarket
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Automotive Power Transfer Unit (PTU) Market Size Forecast by Applications
13.10.1 Passenger Vehicle
13.10.2 Commercial Vehicle
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Automotive Power Transfer Unit (PTU) Market: Competitive Dashboard
14.2 Global Automotive Power Transfer Unit (PTU) Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 AAM
14.3.2 GKN
14.3.3 Neapco Components, LLC
14.3.4 Transtar
