openPR Logo
Press release

Automotive Drivetrain Technology Market - Shifting From Digital To Intelligent - Automotive Diagnostics Electric Drivetrain Innovations: How Tomorrow's Cars Will Drive

02-05-2020 02:55 PM CET | Logistics & Transport

Press release from: Allied Market Research

Automotive Drivetrain Technology Market 2020-2030

Automotive Drivetrain Technology Market 2020-2030

Automotive Drivetrain Technology Market 2020-2030: By vehicle type, the passenger segment is dominating the market, in terms of revenue. In addition, by technology, the wheel hub module segment is expected to lead throughout the forecast period. Region wise, Asia-Pacific is the highest revenue contributor and LAMEA is expected to lead in the future, followed by Europe and North America.

Download Report Sample (235 Pages PDF) @ https://www.alliedmarketresearch.com/request-sample/6205

Allied Market Research recently published a report, titled, "Automotive Drivetrain Technology Market by Vehicle Type (Passenger Car, Buses, and Trucks) and Technology Type (Central Motor, E-axle, and Wheel Hub Module): Global Opportunity Analysis and Industry Forecast, 2019-2030". According to the report, the global automotive drivetrain technology market was pegged at $17.94 billion in 2018 and is projected to reach $269.27 billion by 2030, registering a CAGR of 24.8% from 2019 to 2030.

The key players analyzed in the automotive drivetrain technology market report include Robert Bosch GmbH, Nidec Corporation, ZF Friedrichshafen AG, GKN Plc, Schaeffler Technologies AG & Co. KG, Continental AG, Borgwarner Inc., AVL List GmbH, Axletech International, and Dana Limited.

For purchase inquiry at: https://www.alliedmarketresearch.com/purchase-enquiry/6205

Driving factors for the market

Surge in sale of electric and hybrid vehicles across the globe and rise in technological advancement have boosted the growth of the global automotive drivetrain technology market. However, high cost of electric vehicles and low economy of scale is hindering the market growth. On the contrary, stringent emission regulations to reduce vehicle weight and emission and increase in adoption of smart marketing strategy are expected to create lucrative opportunities in the near future.

Passenger car segment held the largest share

The passenger car segment held the largest share in 2018, contributing to nearly 88% of the global automotive drivetrain technology market, owing to increase in demand for passenger vehicles and upsurge in consumer demand for driving comfort in their vehicles. However, the truck segment is projected to register the fastest CAGR of 28.3% during the forecast period, owing to government initiative to reduce tailpipe emissions, increase in electrification of trucks and rise in introduction of electric trucks by key players.

Browse Complete Report & TOC @ https://www.alliedmarketresearch.com/automotive-drivetrain-technology-market

Wheel hub module segment to portray the fastest growth through 2030

The wheel hub module segment is anticipated to manifest the fastest CAGR 29.2% during the forecast period, owing to growing R&D activities on drivetrain technology. However, the central motor segment dominated the global automotive drivetrain technology market in 2018, contributing to nearly four-fifths of the market, due to the rise in pollution free vehicles, and developments of electric drives by the key players.

LAMEA to portray highest growth rate, North America to follow

The global automotive drivetrain technology market across the LAMEA region is expected to manifest the fastest CAGR of 27.7% during the forecast period. The economic development and developing automobile industrial scenario and rise in use of super, hybrid, and premium cars in emerging countries of this region have boosted the growth. On the other hand, North America is expected to portray the second highest growth rate of 26.2%. However, the market across Asia-Pacific held the largest share in 2018, contributing to nearly half of the market. This is due to the higher adoption rates of smart mobility services, increase in government regulations, surge in fuel prices, and rise in trend toward adopting non-fossil fuel-based vehicles. Moreover, increase in automotive manufacturing plants and rise in demand for the electric vehicles further boost the growth of automotive drivetrain technology market in the region.

Press Release: Automotive Drivetrain Technology Market to Garner $269.28 Bn, Globally, by 2030 at 24.8% CAGR, Says Allied Market Research | https://www.prnewswire.com/news-releases/automotive-drivetrain-technology-market-to-garner-269-28-bn-globally-by-2030-at-24-8-cagr-says-allied-market-research-300994263.html

Avenue Basic Plan | Library Access

Avenue, a user-based library of global market report database, provides comprehensive reports pertaining to the world's largest emerging markets. It further offers e-access to all the available industry reports just in a jiffy. Avenue is a premium subscription-based model that serves as an informative solution on which the world-leading companies can rely on. Get more information: https://www.alliedmarketresearch.com/Avenue-Membership-details

Key Finding of The Automotive Drivetrain Technology Market:
o In 2018, by vehicle type, the passenger car segment generated the highest revenue.
o In 2018, by technology type, the central motor type segment was the highest revenue contributor.
o In 2018, the central motor by permanent magnet (synchronous motor) with automated transmission was the highest revenue contributor.
o In 2018, region-wise, Asia-Pacific contributed the highest revenue, followed by Europe, North America, and LAMEA.

We Have Similar Reports:

Automotive Chassis System Market is Expected to Reach $120,510.0 Million by 2025 | https://www.alliedmarketresearch.com/automotive-chassis-systems-market

Automotive IC Market Is Expected to Reach $89,140 Billion by 2025 | https://www.alliedmarketresearch.com/automotive-integrated-circuit-ics-market

Contact:

David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
USA/Canada (Toll Free):
+1-800-792-5285, +1-503-894-6022, +1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com
Follow us on: https://www.linkedin.com/company/allied-market-research

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Automotive Drivetrain Technology Market - Shifting From Digital To Intelligent - Automotive Diagnostics Electric Drivetrain Innovations: How Tomorrow's Cars Will Drive here

News-ID: 1920460 • Views: 185

More Releases from Allied Market Research

North America Geogrid Market 2020 Segmentation, Demand, Growth, Trend, Opportuni …
According to the report published by Allied Market Research, the North America geogrid market generated $282.0 million in 2019, and is estimated to reach $408.25 million by 2027, registering a CAGR of 7.0% from 2020 to 2027. The report offers an extensive analysis of changing market dynamics, key winning strategies, business performance, major segments, and competitive scenarios. Surge in infrastructure development activities across the U.S. and Mexico and superior physical properties
Intravenous Immunoglobulin (IVIG) Market 2020 In-Depth Analysis of Industry Shar …
Global intravenous immunoglobulin market accounted for $8,995 million in 2017, and is projected to reach $15,964 million by 2025, registering a CAGR of 7.5% from 2018 to 2025. Immunoglobulin (Ig) is a plasma-derived product, which is obtained from the serum of healthy donors. The isolated plasma product is clinically treated and purified to Ig, which can be further used in the treatment of patients with antibody deficiency. Intravenous immunoglobulin (IVIG) finds
Asthma and COPD Drugs Market Is Expected to Witness a Steady Growth by 2026
"Asthma and COPD Drugs Market by Disease and Medication Class - Global Opportunity Analysis and Industry Forecasts, 2014-2022", projects that the global market for Asthma and COPD Drugs was valued at $38,960 million in 2015 and would reach $50,359 million by 2022, registering a CAGR of 3.7% from 2016 to 2022. Asthma segment dominated the market in 2015 and expected to continue its dominance throughout the forecast period. North America
Synthetic Biology Market in Global Industry by Top Companies, Type and Applicati …
Global Synthetic biology market is forecast to reach $38.7 billion by 2020, at a CAGR of 44.2% during the forecast period (2014 - 2020). Europe occupies largest share in the global market and would hold-on to its position throughout 2020. However, Asia Pacific is the fastest growing market with a CAGR of 46.4% from 2014 - 2020. Read Full Report @ https://www.alliedmarketresearch.com/synthetic-biology-market Synthetic biology is at a nascent stage and has recently

All 5 Releases


More Releases for Automotive

Automotive Sunroof Market
Automotive Sunroof is a fixed or operable opening in vehicle that allows light or fresh air to enter inside a car. Sunroof are of many shapes and sizes and styles and they are either manually driver or motor driven. Increasing demand for premium cars and growing need to control light inside the vehicle is fueling the growth of automotive sunroof market. The major driver influencing the growth of automotive sunroof is
Automotive MEMS Sensor
The Insight Partners added “Laser Technology Market to 2025” to its research database. The report is spread across 150 pages and supported by 10 company leaders. A laser is a coherent and focused beam of photons; coherent, in this context, means that it is all one wavelength, unlike ordinary light which showers on us in many wavelengths. Laser technology is used for an extensive range of professional field measurement applications which
Automotive Air Filter Market
An automotive air filter is a device that is made up of fibrous materials that removes solid particulates like pollen, dust, bacteria, and mould from the intake air. A chemical type of air filter consist of a catalyst or absorbent for removing molecular contaminants like ozone or volatile organic compounds. Air filters are being used in applications where air quality is of vital importance, notably in building ventilation systems and
Automotive Fasteners Market
Fasteners are the mechanical components that holds, joins or affixes two or more parts together, automotive industry is the largest market for the fastener. Automotive fasteners are made up of various materials such as Iron, Aluminum, Brass, Nickel, Stainless steel, Plastic, they are further classified with their distinct characteristics. Automotive fasteners are generally used for the clamping parts of vehicle together to avoid their separation or wobbling, transmitting loads as
Automotive Tires Market
The automotive tires play a very important role in vehicle performance along with the vehicle engine. A tire should be fine enough to carry vehicle weight and pressure on any road with superior breaking performances. The manufacturers focus on enhancing the production and performance capabilities of tires to meet with the growing demands of OEMs as well as secondary market.The automotive tires market is expected to grow rapidly in the
Automotive Actuators Market 2017 - AK, FTE automotive
MarketReports.biz’s Automotive Actuators market research report provides the newest industry data and industry future trends, allowing you to identify the products and end users driving Revenue growth and profitability. The industry report lists the leading competitors and provides the insights strategic industry Analysis of the key factors influencing the market. Request for sample @ https://goo.gl/auN0LC The Players mentioned in our report AK FTE automotive The report includes the forecasts, Analysis and discussion of important industry trends,