Indonesian Automotive Powertrain Market Size & Growth Analysis Report, 2022-2028

The Indonesian automotive powertrain market is anticipated to grow at a significant CAGR of 5.5% during the forecast period (2022-2028).

An automotive powertrain system is one of its most important components. A powertrain is made up of all the components that provide power for the vehicle and send it to the wheels at the same time, allowing the vehicle to move. The engine, transmission, differentials, and driveshafts are all part of the powertrain system. The powertrain system determines the vehicle's overall performance and efficiency. Government restrictions, rising demand for environmentally friendly automobiles, and technical advancements in powertrain systems to increase overall efficiency are all contributing to market growth. The expanding vehicle production and the increase in passenger car penetration in the region are the key factors driving the growth of the powertrain industry in the region.

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The Indonesian automotive powertrain market is segmented based on the component, vehicle type, and wheel drive. Based on the component, the market is sub-segmented into engine, transmission, differentials, and driveshaft. Based on the vehicle type, the market is sub-segmented into passenger vehicles and commercial vehicles.

Based on the wheel drive, the market is sub-segmented into front-wheel drive, rear-wheel drive, and all-wheel drive. Among these wheel drives, the all-wheel-drive segment is expected to propel the growth of the market. Power is delivered to all four wheels in all-wheel-drive systems to improve vehicle traction and control.

The technology distributes torque evenly to all four wheels, which improves grip and traction, especially while turning. Currently, the AWD system is being used in compact passenger cars and hybrid vehicles, which are dominating the market in terms of growth. This system was previously only available in high-end vehicles.

The market players are also contributing significantly to the market's growth by adopting various strategies, including mergers and acquisitions, geographical expansion, partnerships, collaborations, and new product launches, to stay competitive in the market. For instance, in January 2020, CNH Industries announced that it will split in half and list its truck, bus, and engine divisions separately. It aims to merge agriculture and construction brands, such as Case and New Holland into one business, with a separate division to operate Iveco trucks, Iveco and Heuliez buses, and FPT powertrains. The separation completed by early 2021.

Market Coverage
• The market number available for - 2021-2028
• Base year- 2021
• Forecast period- 2022-2028
• Segment Covered-
o By Component
o By Vehicle Type
o By Wheel Drive

• Competitive Landscape- Toyota Motor Corp., Hyundai Motor Co., JTEKT Corp., ZF Friedrichshafen AG, Volkswagen AG, Ford Motor Co., General Motors Co., GKN PLC, Borgwarner Inc., and Aisin Seiki Co. Ltd., among others.

Key questions addressed by the report

• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How has COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?

Indonesia Automotive Powertrain Market Report by Segment

By Component
• Engine
• Transmission
• Differentials
• Driveshaft

By Vehicle Type
• Passenger Vehicles
• Commercial Vehicles

By Wheel Drive
• Front-wheel Drive
• Rear-wheel Drive
• All-wheel Drive

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This release was published on openPR.