Automotive Drivetrain Market Overview:
The Automotive Drivetrain market study gives a complete picture of the competition, including the market share and company profiles of the key competitors in the global industry. The scope of the research includes a thorough investigation of the Automotive Drivetrain Market, as well as the reasons for variations in the industry's growth in various locations.
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Market Scope:
Top-down and bottom-up approaches are used to validate the market size and to estimate the market size by different segments. The market estimations in the report are based on the sale price (excluding any discounts provided by the manufacturer, distributor, wholesaler, or traders). The percentage splits, market shares, and breakdowns of the segments are derived based on weights assigned to each of the segments on their utilization rate and average sale price. The country-wise splits of the overall market and its sub-segments are based on the percentage adoption or utilization of the given market Size in the respective region or country.
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Segmentation:
by Vehicle Type
Passenger Vehicle
Commercial Vehicle
Electric Vehicle
Based on Vehicle Type, the passenger vehicle sector held a 78% market share in 2022 and is anticipated to keep expanding throughout the course of the projected period. Additionally, due to increased government expenditures in EV infrastructure and tax benefits offered to consumers, the markets for diesel, oil, and fuel-based passenger vehicles are transitioning towards electric vehicles. One of the most technologically advanced car components is the drivetrain system. Consumers are demanding more potent goods at cheaper prices as a result of the rise in passenger cars and their numerous features.
by Drive Type
Front Wheel Drive
Rear Wheel Drive
All-Wheel Drive
Based on drive type, the front wheel drive category is more affordable than other drive systems and offers a number of benefits in terms of mass, space, fuel consumption, little driveshaft friction, and weight adjusted for traction. Nowadays, front-wheel drive is a common feature of passenger cars due to its cheaper production costs and each car's dynamic performance. By 2029, the segment is anticipated to command a xx% market share for automotive drivetrains.
by Electric Vehicle
Type BEV
HEV
PHEV
Key Players:
Major players in the market are identified through secondary research and their market revenues are determined through primary and secondary research. Secondary research included the research of the annual and financial reports of the top manufacturers; whereas, primary research included extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, CEOs, and marketing executives. The percentage splits, market shares, growth rate, and breakdowns of the global markets are determined by using secondary sources and verified through the primary sources. The biggest players in the Automotive Drivetrain market are as follows:
Key Players in the Automotive Drivetrain Market are:
1. BorgWarner
2. Aisin Seiki Co. Ltd.
3. American Axle Manufacturing
4. Continental AG
5. Magna International Inc.
6. Marelli Holdings Co., Ltd.
7. Mitsubishi Electric Corp
8. Nidec Corporation
9. Robert Bosch GmbH
10. Schaeffler AG
11. Valeo
12. ZF Friedrichshafen AG
13. Toyota Motor Corporation
14. Hyundai Motor Company
15. Volkswagen AG
16. JTEKT Corporation
17. AxleTech Corporation
18. Dana Incorporated
19. GKN PLC
20. AVL List GmbH
21. General Motors
22. Ford
23. Daimler Chrysler
Regional Analysis:
Individual market influencing elements and changes in market laws that influence present and future market trends are also included in the geographical overview of the Automotive Drivetrain market study. Current and future trends are examined in order to assess the entire market potential and uncover profitable trends in order to get a more stable footing. The geographical market assessment is based on the present environment and expected developments.
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COVID-19 Impact Analysis on Automotive Drivetrain Market:
Due to a break in operations, end-user sectors where Automotive Drivetrain are used had a decline in growth from January to May in various countries, including China, Italy, Germany, the United Kingdom, the United States, Spain, France, and India. This resulted in a large drop in the revenues of firms operating in these industries and, as a consequence, in demand for Automotive Drivetrain manufacturers, affecting the development of the Automotive Drivetrain market in 2020. End-user business demand for Automotive Drivetrain has dropped considerably as a result of lockdowns and a rise in COVID-19 incidents throughout the world.
Key Questions Answered in the Automotive Drivetrain Market Report are:
- Which segment had the largest share in the Automotive Drivetrain market in 2021?
- What is the competitive landscape of the Automotive Drivetrain market?
- Which are the key drivers aiding the Automotive Drivetrain market growth?
- Which region has the maximum share in the Automotive Drivetrain market?
- What will be the CAGR of the Automotive Drivetrain market during the forecast period (2022-2027)?
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