Power Train And Power Train Parts Market Analysis Report | Future Prospects | Emerging Trends | Opportunities
The global power train and power train parts market is expected to grow from $577.95 billion in 2020 to $605.94 billion in 2021 at a compound annual growth rate (CAGR) of 4.8%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $811.83 billion in 2025 at a CAGR of 8%.
The Business Research Company offers “Power Train And Power Train Parts Global Market Report 2021 “ in its research report store. It is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. It also compares the market’s historic and forecast growth, and highlights important trends and strategies that players in the market can adopt.
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The powertrain and powertrain parts market consist of sales of powertrain and powertrain parts and related services. The powertrain refers to a system that converts power of the engine into vehicle's movement. The powertrain parts include the engine, transmission, the driveshaft, differentials, and axles among others. The vehicle's performance and efficiency are defined by its powertrain system and its related parts.
Some of the key players involved in the power train and power train parts market are Ford Motor Company, General Motors Company, Volkswagen AG, ZF Friedrichshafen AG, Delphi Technologies.
The countries covered in the global power train and power train parts market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam.
The regions covered in the global power train and power train parts market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Power Train And Power Train Parts Market Segmentation:
1) By Components: Engine, Transmission, Drive Shafts, Differentials, Final Drive
2) By Technology: Hybrid, Automated
3) By Vehicle Type: Passenger Car (PC), Commercial Vehicle (CV), Off-Road Vehicles, Construction Equipment, Defence Vehicles, Agricultural Vehicles
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A Few Points From The Table Of Contents
1. Executive Summary
2. Power Train And Power Train Parts Market Characteristics
3. Power Train And Power Train Parts Market Trends And Strategies
4. Impact Of COVID-19 On Power Train And Power Train Parts
5. Power Train And Power Train Parts Market Size And Growth
27. Power Train And Power Train Parts Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Power Train And Power Train Parts Market
29. Power Train And Power Train Parts Market Future Outlook and Potential Analysis
The report covers the trends and market dynamics of the power train and power train parts market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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