Global AWD Systems Market 2018 Top Key Players: Borg Warner, Continental AG, ZF Friedrichshafen, JTKT Corporation, Magna International, American Axle Manufacturing, Eaton Corporation, GKN Plc, Dana Holding, Oerlikon, Mitsubishi Motors

AWD systems market can be segmented in to part time, full time and automatic all-wheel drive. The part time AWD is a temporary drive system in which normally the rear axle is driven, in unfavorable slippery conditions the front axle is activated by the driver using a button or lever. Full AWD is a permanently engaged alternative in which all the wheels of the vehicle are powered at all times. It consists of a center differential which lets each wheel travel different distances while turning. Automatic technology consists of a center differential which is engaged when wheel slipping occurs. Torque is transferred to the other axle and both rear and front axles run at same speeds until the speed difference between all wheels is eliminated and the vehicle runs back in 2WD mode. The differential is locked based on the information collected by the ECU through various sensors.

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By technology, the AWD systems market can be segmented in to part time, full time and automatic all-wheel drive. The part time AWD is a temporary drive system in which normally the rear axle is driven, in unfavorable slippery conditions the front axle is activated by the driver using a button or lever. Full AWD is a permanently engaged alternative in which all the wheels of the vehicle are powered at all times. It consists of a center differential which lets each wheel travel different distances while turning. Automatic technology consists of a center differential which is engaged when wheel slipping occurs. Torque is transferred to the other axle and both rear and front axles run at same speeds until the speed difference between all wheels is eliminated and the vehicle runs back in 2WD mode. The differential is locked based on the information collected by the ECU through various sensors.

Automotive Multi-Wheel Drive Systems Market to grow at 8% CAGR from 2016 to 2024. The need to alleviate the rising automobile accidents and reduce the impact of crashes on the driver and passengers has led to the development of Multi Wheel Drive (MWD) or All Wheel Drive (AWD) systems.

Europe and U.S. AWD systems market have the highest share due to high penetration of SUV’s and mini sports vehicles. Emerging economies like India, China, Japan, are seeing an increase in purchasing power of consumers which has led to an increased demand for luxury and high end vehicles with multi-wheel drive systems in APAC.

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Major players are Borg Warner Inc, Continental AG, ZF Friedrichshafen AG, JTKT Corporation, Magna International Inc. Other players include American Axle Manufacturing, Eaton Corporation, GKN Plc, Dana Holding Corporation, Oerlikon Inc, Mitsubishi Motors.

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