According to Stratistics MRC, the Global Automotive Drivetrain Market is accounted for $283.98 billion in 2020 and is expected to reach $537.42 billion by 2028 growing at a CAGR of 8.3% during the forecast period. Some of the key factors propelling the market growth include rising demand for comfort & safety in vehicles, increasing demand for lightweight driveshaft, growing demand for electric vehicles across different countries, and increase in disposable income. However, fluctuations in raw material prices are likely to hamper the market growth.
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On the basis of geography, Asia Pacific region is expected to have considerable market growth during the forecast period, due to the increase in demand for automated transmission and advanced systems, industrial and infrastructural development, and rise in the sales of vehicle and growing spending expenditure in the region.
Some of the key players in Automotive Drivetrain Market include Dana, Inc., Schaeffler AG, American Axle & Manufacturing Inc., JTEKT Corporation, General Motors, Hyundai Motor Company, Aisin Seiki Co., Ltd., ZF Friedrichshafen AG, GKN PLC, Toyoto Motor Corporation, Volkswagen AG, BorgWarner, Inc., Showa Corporation, Magna International, Inc., Eaton, Univance Corporation, Robert Bosch GmbH, and Continental AG.
Drive Types Covered:
• Rear Wheel Drive (RWD)
• Front Wheel Drive (FWD)
• All-Wheel Drive (AWD)
• 4 Wheel Drive (4WD)
• 2 Wheel Drive (2WD)
Vehicle Types Covered:
• Passenger Car
• Electric Vehicles
• Commercial Vehicles
Technologies Covered:
• E-Axle
• Central Motor
• Wheel Hub Module
Sales Channels Covered:
• Distributor
• Direct Sales
Engine Locations Covered:
• Front Engine
• Rear Engine
Transmission Types Covered:
• Automatic Transmission (AT)
• Dual-Clutch Transmission (DCT)
• Manual Transmission (MT)
• Automated Manual Transmission (AMT)
• Continuous Variable Transmission (CVT)
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
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