The global powertrain market is expected to grow at a CAGR of 4.5% during the forecast period, from 2021 to 2030. The growth in this market is attributed to the increasing demand for electric vehicles and hybrid vehicles, which are equipped with powertrains. The automotive industry has been witnessing a shift towards electric and hybrid vehicles due to their low emissions and fuel efficiency. This trend is expected to continue in the coming years as well, which will lead to an increase in demand for powertrains across various applications such as engine test, gearbox test, turbocharger test, and powertrain final tests. The global automotive powertrain components manufacturers segment accounted for the largest share of revenue in 2018 owing to its high production volume of these components. Automotive manufacturers are also major players in this market owing to their large production volumes of automobiles that require these components for manufacturing purposes. North America was the leading region with respect to revenue share due its high adoption rate of new technologies such as electric cars and hybrids that require more advanced powertrains than conventional ones do.
Some Of The Growth Factors Of This Market:
- The growth in the powertrain market is driven by the increasing demand for electric vehicles and hybrid vehicles.
- Increasing fuel prices, stricter emission norms, and government incentives are also driving the growth of this market.
- The key players in this market are General Motors Company (US), Toyota Motor Corporation (Japan), Volkswagen AG (Germany), Ford Motor Company (US), Daimler AG (Germany), BMW Group (Germany).
- Other major players in this market include Hyundai Motor Company, Nissan Motor Co., Ltd, Honda Motor Co., Ltd, PSA Peugeot Citroen S A.
Industry Growth Insights published a new data on “Powertrain Market”. The research report is titled “Powertrain Market research by Types (Engine Test, Gearbox Test, Turbocharger Test, Powertrain Final Tests, Other), By Applications (Automotive Powertrain Components Manufacturers, Automotive Manufacturers, Others), By Players/Companies AKKA Technologies, Ricardo, FEV, ThyssenKrupp, Horiba, Applus+ IDIADA, Intertek, IAV, MAE, A&D, IBAG, Atesteo, FAKT, CSA Group, KST, CRITT M2A”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Powertrain Market Research Report
By Type
Engine Test, Gearbox Test, Turbocharger Test, Powertrain Final Tests, Other
By Application
Automotive Powertrain Components Manufacturers, Automotive Manufacturers, Others
By Companies
AKKA Technologies, Ricardo, FEV, ThyssenKrupp, Horiba, Applus+ IDIADA, Intertek, IAV, MAE, A&D, IBAG, Atesteo, FAKT, CSA Group, KST, CRITT M2A
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
247
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Powertrain Market Report Segments:
The global Powertrain market is segmented on the basis of:
Types
Engine Test, Gearbox Test, Turbocharger Test, Powertrain Final Tests, Other
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
Automotive Powertrain Components Manufacturers, Automotive Manufacturers, Others
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:
- AKKA Technologies
- Ricardo
- FEV
- ThyssenKrupp
- Horiba
- Applus+ IDIADA
- Intertek
- IAV
- MAE
- A&D
- IBAG
- Atesteo
- FAKT
- CSA Group
- KST
- CRITT M2A
Highlights of The Powertrain 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:
- Engine Test
- Gearbox Test
- Turbocharger Test
- Powertrain Final Tests
- Other
- By Application:
- Automotive Powertrain Components Manufacturers
- Automotive Manufacturers
- Others
- 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 Powertrain 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.
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- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
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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?
Powertrain is the combination of all engine, transmission, and drivetrain components that work together to power a vehicle.
Some of the major companies in the powertrain market are AKKA Technologies, Ricardo, FEV, ThyssenKrupp, Horiba, Applus+ IDIADA, Intertek, IAV, MAE, A&D, IBAG, Atesteo, FAKT, CSA Group, KST, CRITT M2A.
The powertrain market is expected to register a CAGR of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Powertrain Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Powertrain Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Powertrain Market - Supply Chain
4.5. Global Powertrain Market Forecast
4.5.1. Powertrain Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Powertrain Market Size (000 Units) and Y-o-Y Growth
4.5.3. Powertrain Market Absolute $ Opportunity
5. Global Powertrain Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Powertrain Market Size and Volume Forecast by Type
5.3.1. Engine Test
5.3.2. Gearbox Test
5.3.3. Turbocharger Test
5.3.4. Powertrain Final Tests
5.3.5. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Powertrain Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Powertrain Market Size and Volume Forecast by Application
6.3.1. Automotive Powertrain Components Manufacturers
6.3.2. Automotive Manufacturers
6.3.3. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Powertrain Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Powertrain Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Powertrain Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Powertrain Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Powertrain Demand Share Forecast, 2019-2026
9. North America Powertrain Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Powertrain Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Powertrain Market Size and Volume Forecast by Application
9.4.1. Automotive Powertrain Components Manufacturers
9.4.2. Automotive Manufacturers
9.4.3. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Powertrain Market Size and Volume Forecast by Type
9.7.1. Engine Test
9.7.2. Gearbox Test
9.7.3. Turbocharger Test
9.7.4. Powertrain Final Tests
9.7.5. Other
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Powertrain Demand Share Forecast, 2019-2026
10. Latin America Powertrain Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Powertrain Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Powertrain Market Size and Volume Forecast by Application
10.4.1. Automotive Powertrain Components Manufacturers
10.4.2. Automotive Manufacturers
10.4.3. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Powertrain Market Size and Volume Forecast by Type
10.7.1. Engine Test
10.7.2. Gearbox Test
10.7.3. Turbocharger Test
10.7.4. Powertrain Final Tests
10.7.5. Other
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Powertrain Demand Share Forecast, 2019-2026
11. Europe Powertrain Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Powertrain Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Powertrain Market Size and Volume Forecast by Application
11.4.1. Automotive Powertrain Components Manufacturers
11.4.2. Automotive Manufacturers
11.4.3. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Powertrain Market Size and Volume Forecast by Type
11.7.1. Engine Test
11.7.2. Gearbox Test
11.7.3. Turbocharger Test
11.7.4. Powertrain Final Tests
11.7.5. Other
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Powertrain Demand Share, 2019-2026
12. Asia Pacific Powertrain Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Powertrain Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Powertrain Market Size and Volume Forecast by Application
12.4.1. Automotive Powertrain Components Manufacturers
12.4.2. Automotive Manufacturers
12.4.3. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Powertrain Market Size and Volume Forecast by Type
12.7.1. Engine Test
12.7.2. Gearbox Test
12.7.3. Turbocharger Test
12.7.4. Powertrain Final Tests
12.7.5. Other
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Powertrain Demand Share, 2019-2026
13. Middle East & Africa Powertrain Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Powertrain Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Powertrain Market Size and Volume Forecast by Application
13.4.1. Automotive Powertrain Components Manufacturers
13.4.2. Automotive Manufacturers
13.4.3. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Powertrain Market Size and Volume Forecast by Type
13.7.1. Engine Test
13.7.2. Gearbox Test
13.7.3. Turbocharger Test
13.7.4. Powertrain Final Tests
13.7.5. Other
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Powertrain Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Powertrain Market: Market Share Analysis
14.2. Powertrain Distributors and Customers
14.3. Powertrain Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. AKKA Technologies
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Ricardo
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. FEV
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. ThyssenKrupp
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Horiba
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Applus+ IDIADA
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Intertek
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. IAV
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. MAE
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. A&D
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. IBAG
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Atesteo
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. FAKT
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. CSA Group
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. KST
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. CRITT M2A
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook