Market Overview:
The global drivetrain market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for passenger cars and commercial vehicles across the globe. Additionally, the increasing focus on fuel efficiency and emission norms are also contributing to the growth of this market. The global drivetrain market is segmented by type, application, and region. By type, the market is divided into front-wheel drive (FWD), rear-wheel drive (RWD), and all-wheel drive (AWD). FWD systems are expected to dominate the global Drivetrain Market duringthe forecast period owingto their high adoption in passenger cars. RWD systems are used mainly in luxury carsand sports cars owingto their performance benefits over other types of driveshaft systems. AWDsystems offer improved traction and handling over two-wheel drivesystemsandare thus preferredin SUVsandtrucksdue totheir offroadcapabilities .
Product Definition:
The drivetrain is the system of components that transfers power from the engine to the wheels. The drivetrain includes the engine, transmission, driveshaft, and differential. The drivetrain is important because it transfers power from the engine to the wheels, which allows the car to move.
FWD:
FWD is short for Front Wheel Drive. It's a type of drivetrain configuration where the wheel with the motor is placed in front of the other wheel (the rear wheel). In FWD, both wheels are powered and function independently from each other. The most common example of this would be a bicycle with a motorized bike seat which allows it to gain power by pedaling through its pedals while also allowing it to go forward even when you're not pedaling.
RWD:
RWD (Rear Wheel Drive) is a type of drivetrain configuration where the driving force that propels the vehicle comes from the rear wheels. The most commonly used RWD vehicles are sports cars, SUVs, and luxury cars due to their high-performance capabilities.
Advantages of using RWD over AWD include better traction between driven/driven tires which results in more stability and control during acceleration or deceleration.
Application Insights:
The passenger car segment accounted for a major share in the global drivetrain market owing to increasing demand from consumers. The growing middle-class population, especially in countries such as India and China, has led to an increase in demand for passenger cars. Furthermore, stringent government regulations regarding the minimization of rollover accidents are expected to boost sales of SUVs over the forecast period.
The commercial vehicle segment is projected to witness significant growth over the forecast period owing to rising demand from developing countries such as Brazil and Indonesia. Factors such as low cost land availability and easy access transportation infrastructure have attracted several manufacturers towards establishing their plants outside Asia Pacific region thus fueling growth of Middle East & Africa and Latin America regions over recent years.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has been witnessing strong economic growth on account of rapid industrialization, which has resulted in an increasing demand for automobiles. China, India, Japan and South Korea are some of the largest markets that are anticipated to have a positive impact on industry growth during the forecast period.
Europe accounted for a significant share of global revenue in 2017 owing to high demand from countries such as Germany, France and Italy. These countries were among early adopters of automotive technology leading them to dominate industry trends across Europe. North America also contributed significantly towards industry growth due to growing consumer preference towards AWD systems with improved traction control system features as well as all-wheel drive variants available for sale at higher prices compared with FWD counterparts Overal Drivetrain Market By Application (Passenger Car, Commercial Vehicle) And Region (U S A.
Growth Factors:
- Increasing demand for fuel-efficient and environment-friendly vehicles
- Rising disposable income of consumers in developing countries
- Proliferation of electric and hybrid vehicles
- Technological advancements in drivetrain systems
- Growing popularity of shared mobility services
Scope Of The Report
Report Attributes
Report Details
Report Title
Drivetrain Market Research Report
By Type
FWD, RWD, AWD
By Application
Passenger Car, Commercial Vehicle
By Companies
GKN, BorgWarner, Dana Holding, Magtec, Delphi Automotive, Visedo, Parker Hannifin, Punch Powertrain, AVTEC, AxleTech International, GKN
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
214
Number of Tables & Figures
150
Customization Available
Yes, the report can be customized as per your need.
Global Drivetrain Market Report Segments:
The global Drivetrain market is segmented on the basis of:
Types
FWD, RWD, AWD
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 Car, 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:
- GKN
- BorgWarner
- Dana Holding
- Magtec
- Delphi Automotive
- Visedo
- Parker Hannifin
- Punch Powertrain
- AVTEC
- AxleTech International
- GKN
Highlights of The Drivetrain 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:
- FWD
- RWD
- AWD
- By Application:
- Passenger Car
- 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 Drivetrain 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
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?
Drivetrain is the system that transfers power from the engine to the wheels.
Some of the key players operating in the drivetrain market are GKN, BorgWarner, Dana Holding, Magtec, Delphi Automotive, Visedo, Parker Hannifin, Punch Powertrain, AVTEC, AxleTech International, GKN.
The drivetrain market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Drivetrain 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 Drivetrain Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Drivetrain 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 Drivetrain 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 Drivetrain Market Size & Forecast, 2020-2028
4.5.1 Drivetrain Market Size and Y-o-Y Growth
4.5.2 Drivetrain Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 FWD
5.2.2 RWD
5.2.3 AWD
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Passenger Car
6.2.2 Commercial Vehicle
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Drivetrain 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 Drivetrain 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 FWD
9.6.2 RWD
9.6.3 AWD
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 Market Size Forecast by Applications
9.10.1 Passenger Car
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 FWD
10.6.2 RWD
10.6.3 AWD
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 Market Size Forecast by Applications
10.10.1 Passenger Car
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 FWD
11.6.2 RWD
11.6.3 AWD
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 Market Size Forecast by Applications
11.10.1 Passenger Car
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 FWD
12.6.2 RWD
12.6.3 AWD
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 Market Size Forecast by Applications
12.10.1 Passenger Car
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 FWD
13.6.2 RWD
13.6.3 AWD
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) Market Size Forecast by Applications
13.10.1 Passenger Car
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 Drivetrain Market: Competitive Dashboard
14.2 Global Drivetrain Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 GKN
14.3.2 BorgWarner
14.3.3 Dana Holding
14.3.4 Magtec
14.3.5 Delphi Automotive
14.3.6 Visedo
14.3.7 Parker Hannifin
14.3.8 Punch Powertrain
14.3.9 AVTEC
14.3.10 AxleTech International
14.3.11 GKN
