Press release
AWD Systems Market Overview, Trending Technologies, Market Challenges and Cost Structure Analysis by- Eaton CO.PLC, GKN PLC, Dana Holding, Oerlikon
AWD Systems Market
Global AWD Systems Market overview:
The AWD Systems Market is expected to witness sustained growth over the forecast period (2019-2023). The growth of the AWD Systems market is driven as there is favourable growth in the industry is a major factor which will boost the global AWD Systems Market.
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This report studies the classifies and defines the Automatic and Manual AWD Systems Market in terms of volume and value. The report highlights potential growth opportunities in the coming years, as well as covers review of market drivers, restraints, growth indicators, challenges, legislation trends, market dynamics, competitive landscape, and other key aspects with respect to the Automotive Multi-Wheel Drive (AWD) Systems Market
The Global AWD Systems Market is segmented on the basis of Product Type, Application, End Use Industry and Region. On the Basis of Product Type segment, the AWD Systems Market is sub segmented into Automatic AWD, Manual AWD, Type III. Based on End Use Industry segment, the AWD Systems Market is sub segmented into Passenger Car, Light Commercial, Heavy Commercial Vehicle.
Considering the regional trends, Europe experienced an economic downturn that affected many sectors within the region, especially the automotive industry. However, it is on the verge of complete recovery from this downturn. As a result, the AWD System Market is projected to show a stable growth rate during the forecast period. Europe is a major market for AWD Systems and home to a number of AWD System suppliers such as ZF Friedrichshafen AG (Germany) and Continental AG (Germany).
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
Some of the major players that operate in the Global AWD Systems Market are ZF Friedrichshafen AG, Continental AG, Magna International Inc, Borgwarner Inc, Jtekt Corporation, American Axle Manufacturing, Eaton Corporation PLC, GKN PLC, Dana Holding Corporation, Oerlikon Inc
Latest Industry Updates:
Oerlikon:- The Technical University of Munich (TUM), Oerlikon, GE Additive and Linde are collaborating to create an additive manufacturing cluster. This cluster is a grouping of companies and organizations that will conduct research on and develop additive manufacturing technology from a single hub location.
The collaborative efforts will help integrate AM into the manufacturing process and enable companies to use the technology in their production. The open cluster also includes academic institutions (TUM) researching and educating on AM and regulatory authorities responsible for overseeing and regulating the use of the technology in industries. The cluster will be open to additional participants in the future.
“By having all of the players located in a single hub, we are accelerating the development and application of the technology for the various industries,” commented Prof. Dr. Michael Suess, Chairman of the Board of Directors of the Oerlikon Group. “Bavaria is the perfect place for us to house this initiative as it promotes energy and production efficiency, which supports Germany’s sustainability goals and the country’s desire to incorporate new technologies.”
“The project is an excellent example of close collaboration between industry, academia and politics to innovate and industrialize a technology like additive manufacturing,” commented Dr. Roland Fischer, CEO of the Oerlikon Group. “AM is a technology that supports our aim of providing sustainable solutions for all industries.”
Additive manufacturing technology, commonly known as 3D printing, allows for layer-by-layer printing of metal components during the manufacturing process. TUM, Oerlikon, GE Additive and Linde all play different roles in the additive manufacturing process. Additive manufacturing completely transforms the production process. It requires change in every aspect of manufacturing – supply chain, production, employee training, quality inspection, product validation and regulation.
Market segment by Regions/Countries, this report covers:
1 North America Country (United States, Canada)
2 South America
3 Asia Country (China, Japan, India, Korea)
4 Europe Country (Germany, UK, France, Italy)
5 Other Country (Middle East, Africa, GCC)
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Table of Contents:
Global AWD Systems Market Report 2019
1 AWD Systems Definition
2 Global AWD Systems Market Major Player Share and Market Overview
3 Major Player AWD Systems Business Introduction
4 Global AWD Systems Market Segmentation (Region Level)
5 Global AWD Systems Market Segmentation (Product Type Level)
6 Global AWD Systems Market Segmentation (Industry Level)
7 Global AWD Systems Market Segmentation (Channel Level)
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