Press release
Global Automotive Drivetrain Market Expected to Witness a CAGR Of 6.5% during Forecast to 2023
The automotive drivetrain is a system that act as medium to connect the transmission to the drive axles. The drivetrain includes transmission, driveshaft, axles, and wheels. Engine is not a part of drivetrain although the function of the drivetrain is to combined the engine and driving wheels so as to provide power to vehicle. The global automotive drivetrain market is segmented in three parts based on the drive type: Front Wheel Drive (FWD), Rear Wheel Drive (RWD) and All-Wheel Drive (AWD).Explore Full Report Description At: https://www.psmarketresearch.com/market-analysis/automotive-drivetrain-market
In FWD, the engine drives only the front wheels of a car. Most of the small and mid-size car makers offer front wheel drive as it is low-priced and easy to design and meet majority of customer requirement. The cars with FWD are generally light-weight as it does not involve a transmission and axle shaft, which increase the weight of the vehicle.
Some of the key players in the global automotive drivetrain market include Aisin Seki Co., Ltd. Borgwarner Inc., GKN PLC, ZF Friedrichshafen AG, Showa Corporation, Schaeffler Group and American Axle & Manufacturing, Inc.
Download Free Report Sample At: https://www.psmarketresearch.com/market-analysis/automotive-drivetrain-market/report-sample
Market Segmentation
By Drive Type
AWD
RWD
FWD
By Vehicle Type
Passenger Car
Light Commercial Vehicle
Heavy Commercial Vehicle
Electric Vehicle Type
Battery Electric Vehicle
Plug-In Hybrid Electric Vehicle
Hybrid Electric Vehicle
GEOGRAPHIC SEGMENTATION
By Region
North America
U.S.
Canada
Mexico
Europe
Germany
France
U.K.
Spain
Rest of Europe
Asia-Pacific
China
India
Japan
South Korea
Rest of Asia-Pacific
Rest of the World (RoW)
Brazil
South Korea
Rest of RoW
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