Four-Wheel Drive Vehicles Market 2018 Global Industry Forecast To 2023 - By Size, Trends, Growth, And Regions

Four-Wheel Drive Vehicles Market 2018 Global Industry Analysis To 2023, is new research report published by “Market Research Future”. Global Electric Two-Wheeler Industry 2018 Global Market report provides comprehensive information on the Four-Wheel Drive Vehicles Market size, share, trends, growth forecast as well as current scenario, historic data, with business development strategies, key company insights And regional analysis to 2023.

Four-Wheel Drive Vehicles Market Key Players Analyzed in Report Are:

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, Daimler AG (Germany), Mitsubishi Motors Corporation (Japan), BMW (Germany), Toyota Motor Corporation (Japan).

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Four-Wheel Drive Vehicles Market Insights:

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.

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 Velicles (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.

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. Therefore, the four-wheel drive vehicles market has seen remarkable growth in the global market and it has been observed that, it is expected to grow with the CAGR of ~6%.

Detailed Regional Outlook:

Geographically, the global four-wheel drive vehicles market has been divided into the four major regions of North America, Europe, Asia Pacific and Rest of the World. The global four- wheel drive vehicle market is diversified across all geographies, with North America region holding the major share of the market. The market in North America is mainly based in the countries such as the U.S. and Canada. The North America market is followed by the Asia Pacific region.

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List Of Figures:

FIURE 1 RESEARCH PROCESS OF MRFR

FIGURE 2 TOP DOWN & BOTTOM UP APPROACH

FIGURE 3 MARKET DYNAMICS

FIGURE 4 IMPACT ANALYSIS: MARKET DRIVERS

FIGURE 5 IMPACT ANALYSIS: MARKET RESTRAINTS

FIGURE 6 PORTER'S FIVE FORCES ANALYSIS

FIGURE 7 VALUE CHAIN ANALYSIS

FIGURE 8 GLOBAL FOUR-WHEEL DRIVE VEHICLES MARKET SHARE, BY TYPE, 2016 (%)

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