Request Sample Inquiry
Auto Powertrain Market

Auto Powertrain Market

Auto Powertrain Market Global Industry Assessment & Forecast

# Pages:

169

Base Year:

2021

Nov - 2021

Format:

Report Code:

VMR-2021-0578

Segments Covered
  • By Component Type Engine, Transmission, Differentials, Driveshaft, Axels
  • By Wheel Drive Front-wheel Drive, Rear-wheel Drive, All-wheel Drive
  • By Vehicle Type Passenger Cars, Commercial Vehicles
Snapshot
Forecast YearsForecast Years: 2021 - 2028
Historical YearsHistorical Years: 2016 - 2020
Revenue 2021Revenue 2021: 538.42 Billion
Revenue 2028Revenue 2028: 723.54 Billion
Revenue CAGRRevenue CAGR (2021 - 2028): 4.30%
Fastest Growing Region Fastest Growing Region (2022 - 2028) Asia Pacific
Customization Offered
  • Cross-segment Market Size and Analysis for Mentioned Segments
  • Additional Company Profiles (Upto 5 With No Cost)
  • Additional Countries (Apart From Mentioned Countries)
  • Country/Region-specific Report
  • Go To Market Strategy
  • Region Specific Market Dynamics
  • Region Level Market Share
  • Import Export Analysis
  • Production Analysis
  • Others Request Customization Speak To Analyst

The report delivers an acute breakdown of the market based on various segments such as Component Type, Wheel Drive, Vehicle Type, and region. The report includes market size and forecast for each segment by region/country for the years 2016–2028. Moreover, it also covers a thorough analysis of growth factors and opportunities impacting segmental growth.

On the basis of Component Type, the market is divided into Engine, Transmission, Differentials, Driveshaft, Axels. Transmission dominated the global Auto Powertrain market in 2020 and is projected to witness the same trend during the forecast period.

Based on Wheel Drive, the market is segmented into Front-wheel Drive, Rear-wheel Drive, All-wheel Drive. All-wheel drive accounted for the highest market share and is expected to grow at a significant CAGR from 2021 to 2028. 

Global Auto Powertrain Market: Component Type Segment Analysis

    • Engine
    • Transmission
    • Differentials
    • Driveshaft
    • Axels

Global Auto Powertrain Market: Wheel Drive Segment Analysis

    • Front-wheel Drive
    • Rear-wheel Drive
    • All-wheel Drive

Global Auto Powertrain Market: Vehicle Type Segment Analysis

    • Passenger Cars
    • Commercial Vehicles
FAQ
Frequently Asked Question
  • The global Auto Powertrain valued at 538.42 Billion in 2020 and is expected to reach 723.54 Billion in 2028 growing at a CAGR of 4.30%%.

  • The prominent players in the market are Honda, Nissan, FCA, General Motors, BMW, Ford, Toyota, Hyundai Motor..

  • The market is project to grow at a CAGR of 4.30%% between 2021 and 2028.

  • The driving factors of the Auto Powertrain include

    • The increasing stringent government regulation on vehicle emissions is one of the primary factors propelling the growth of the automotive powertrain market in the upcoming years. Owing to stringent emission norms and fuel economy, vehicle manufacturers are shifting towards engine downsizing with the assistance of turbochargers. The use of components like lithium ion batteries for transmission module of powertrain which contain less toxic metals than other batteries are generally considered to be non-hazardous waste and hence, the power train is considered to improve the fuel efficiency with responding to global environmental regulations by controlling exhaust emissions. Additionally, the European Union has set itself a target of net-zero greenhouse gas emissions by 2050. This in turn, is projected to support the growth of the market over the forecast period.
    • The rising vehicle sale and production across the globe is anticipated to augment the growth of the automotive powertrain market during the forecast period. This is owing to the rapid urbanization, increasing industrialization, increasing disposable income of the consumers, and advancement in technologies. Furthermore, the increasing adoption of personal vehicles has also increased the global sales of automobiles and its production by the manufacturers which in turn is expected to support the growth of the automotive powertrain market in the forecast period.

  • Asia Pacific was the leading regional segment of the Auto Powertrain in 2020.