4WD Vehicles Market 2018 Key Country Analysis: Global Manufacturers Daimler, Mitsubishi, BMW, Toyota, Ford, Renault, Tata, Hyundai, Volkswagen, Volvo, Fiat, Nissan, and Honda Outlook

Four-Wheel Drive Vehicles Market 2018: Global Forecast Research Report, published by “Market Research Future” Global 4WD Vehicles Market growing at 6% CAGR by 2023. Global Four-Wheel Drive Vehicles Industry is segmented by product type (Standard 4WD, and Premium 4WD), by Application (HCVs, and SUVs), by End-Use (Road racing, heavy trucks, and construction equipment) and Region.

The report gives the clear picture of current Four-Wheel Drive (4WD) Vehicles market share, size, growth scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.

Get Sample Copy of Report At: https://www.marketresearchfuture.com/sample_request/5832

Global Four-Wheel Drive Vehicles Market Key Companies Analyzed In Report Are:

Daimler AG (Germany), Mitsubishi Motors Corporation (Japan), BMW (Germany), Toyota Motor Corporation (Japan), Ford Motor Company (U.S.), and Groupe Renault (France).  Tata Motors Limited (India), Hyundai Motor Company (South Korea), Volkswagen AG (Germany), Volvo (Sweden), Fiat S.p.A (Italy), Nissan Motor Company Ltd (Japan), and Honda Motor Company, Ltd. (Japan) are among others.  

Market Highlights:

The demand for four-wheel drive vehicles is expected to increase with significant growth rate all over the world, majorly in the emerging markets. The development of the intelligent torque vectoring for four-wheel drive vehicles is driving the growth of the market. The introduction of technological innovations in these vehicles is enabling the integration of advanced systems in automotive four-wheel drive vehicles. Torque vectoring is a system that helps the vehicle to possess control over the power and torque distribution to all the wheels. This equal distribution of power and torque to all four-wheels of the automotive provides better stability to the vehicle and improved performance.

However, the growth of this market is expected to be restrained by the increase in cost of the vehicles owing to the implementation of four-wheel drive systems, which comprises differentials, transfer case, rear-drive shaft, rear axle, and advanced electronics in the automotive.

Scope of the Report

This study provides an overview of the global four-wheel drive vehicles market, tracking three market segments across four geographic regions. The report studies key players, providing a six year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific (APAC) and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region.

The scope of the study segments the global four-wheel drive vehicles market by product type, application, end use and regions.

By Product Type

Standard 4WD

Premium 4WD

By Application

HCV

SUV

By End-Use

Road racing

Heavy trucks

Construction equipment    

On the basis of end-use, the market has been segmented as road racing, heavy trucks, and construction equipment. Amongst these, the heavy trucks segment is expected to grow the highest over the forecast period. Heavy trucks are considered LCVs with open cargo areas at their rear. The heavy trucks have off-road capabilities with differently tuned transmission, suspension systems and engines. The increase in demand for heavy trucks in countries such as U.S., Canada, and China are contributing in the growth of the automotive four-wheel drive vehicles market. The global automotive four-wheel drive vehicle market is also witnessing growth due to the increase in personal use of these vehicles.

On the basis of application, the market has been segmented as HCV and Sports utility Vehicles (SUVs). The boom in the sales of SUVs, globally is expected to drive the market for four-wheel drive systems for automotive. Their growing popularity and increase in use for personal purposes is driving the growth of the SUV segment in the global four-wheel drive vehicles market.

Browse Complete “Four-Wheel Drive Vehicles Market Research Report – Forecast to 2023”Report At: https://www.marketresearchfuture.com/reports/four-wheel-drive-vehicles-market-5832

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

Contact Us:

Amanora Chambers,

Magarpatta Road, Hadapsar

Pune - 411028

Maharashtra, India+1 646 845 9312

sales@marketresearchfuture.com

This release was published on openPR.