Marketsandmarketspresents Automotive Drivetrain Market by Drive Type, Vehicle Type, Region - 2021
The report "Automotive Drivetrain Market by Drive Type (AWD, RWD, FWD), Vehicle Type (Passenger car, LCV, Buses and Trucks), Electric Vehicle Drive type (BEV, PHEV, HEV), and Region - Global Forecast to 2021", The automotive drivetrain market is projected to grow at a CAGR of 6.18%, to reach a market size of USD 278.57 Billion by 2021. The market is driven by factors such as the increasing need for better acceleration, traction, and towing capabilities in vehicles and the growing demand for comfort and safety in vehicles. Browse: 69 Market Data Tables 49 Figures 140 Pages pages and in-depth TOC on “Automotive Drivetrain Market” You can speak to our analyst @ https://www.marketsandmarkets.com/speaktoanalyst.asp?id=48326627
The drivetrain market is projected to grow at a CAGR of 6.18% from 2016 to 2021, to reach a market size of USD 278.57 Billion by 2021. The major drivers of this market are the growing demand for comfort and safety in vehicles, rise in vehicle production, and increasing need for better acceleration, traction, and towing capabilities in vehicles. Asia-Pacific includes China, India, South Korea, and Japan, which are the top countries in terms of vehicle production; the region consequently leads the automotive drivetrain market, in terms of value as well as volume. The Asia-Pacific market is currently dominated by Front Wheel Drive (FWD) vehicles, but the Rear Wheel Drive (RWD) and AWD segments are also growing at a steady rate. FWDs are typically used in family cars that offer better fuel economy and moderate performance. Some of the key manufacturers operating in the market are Aisin Seiki Co., Ltd. (Japan), American Axle & Manufacturing, Inc. (U.S.), GKN plc (U.S.), and Magna International Inc. (Canada).
Scope of the Report • Automotive Drivetrain Market for Alternate Fuel Passenger Cars, By Vehicle Type • Passenger car • LCV • HCV • Trucks • Buses • Automotive Drivetrain Market for Alternate Fuel Passenger Cars, By Electric Vehicle Type • BEV • HEV • PHEV
Automotive Drivetrain Market, By Drive Type • AWD • FWD • RWD • Automotive Drivetrain Market, By Region • North America • Europe • Asia-Pacific • Rest of the World
Target Audience • Automotive drivetrain manufacturers • Automotive drivetrain component suppliers • Raw material suppliers • Automobile organizations/associations • Traders and distributors of drivetrain systems • Automotive Original Equipment Manufacturers (OEMs)
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