Press release
Automotive Powertrain Market to record CAGR of 5.2 % and increase in revenue by 2032
The global automotive powertrain market is estimated at USD 435.3 Million in 2022 and is forecast to surpass USD 719.3 Million by 2032, growing at a CAGR of 5.2% from 2022 to 2032.Historically, the automotive powertrain market witnessed a growth of around 3.2% CAGR throughout 2017 and 2021. The market for automotive powertrain has generated an absolute $ opportunity of nearly USD 65.17 Million in the previous five years. It is expected to offer an absolute dollar opportunity of USD 117.6 Million and USD 283.9 Million in medium term (2022 & 2027) and long-term (2022 & 2032) individually.
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Through the new research report, analysts focus on offering a panoramic view of the Automotive Powertrain market at regional, country, and global levels. The report gives significant data and analysis on different major factors such as challenges, drivers, growth avenues, threats, and restraints of the market for Automotive Powertrain throughout 2022-2032.
Top Companies Covered in this Report:
• General Motors
• Ford Motors
• Volkswagen Group
• Hyundai
• Toyota
• BorgWarner Inc.
• JTEKT Corp.
• GKN plc.
• Magna Powertrain Ltd.
• Delphi Automobile LLP
• Other Key Players
NOTE: The report has been assessed in accordance with the COVID-19 Pandemic and its impact on the Automotive Powertrain market.
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Global Automotive Powertrain Market Segments
By Position Type, Global Automotive Powertrain Market is segmented as:
Front Wheel Drive
Rear Wheel Drive
All Wheel Drive
By Powertrain Type, Global Automotive Powertrain Market is segmented as:
Gasoline Powertrain Type
Diesel Powertrain Type
Hybrid Powertrain Type
Battery Electric Vehicle Powertrain Type
Fuel Cell Powertrain Type
By Vehicle Type, Global Automotive Powertrain Market is segmented as:
Compact Vehicles
Mid-Sized Vehicles
Premium Vehicles
Luxury Vehicles
Light Commercial Vehicles
Heavy Commercial Vehicles
The report covers key regions of the Global Automotive Powertrain Market:
North America: U.S., Canada, Mexico
South America: Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, Costa Rica
Europe: U.K., Germany, Italy, France, Netherlands, Belgium, Spain, Denmark
APAC: China, Japan, Australia, South Korea, India, Taiwan, Malaysia, Hong Kong
The Middle East and Africa: Israel, South Africa, Saudi Arabia
Scope of Automotive Powertrain Market Report:
This research report contains information curated by professionals to estimate the nearest to accurate dynamics of the Automotive Powertrain market. The research study extensively covers various aspects and segments that the Automotive Powertrain market spans. There is also a detailed forecast for the Automotive Powertrain market present in the following document. The report can be utilized to realize true growth potential and generate good business and improve the revenue generation capacity of the organizations in the Automotive Powertrain market.
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Some Key Questions answered in this Report are:
• What are the developments and innovations in the Automotive Powertrain market?
• What are the threats and risks in the Automotive Powertrain market?
• What strategies are most effective in the Automotive Powertrain market?
• Who are the prominent players in the Automotive Powertrain market?
• What segment of the Automotive Powertrain market has the maximum revenue generation potential?
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Automotive Vibration Absorber Market: https://www.factmr.com/report/507/automotive-vibration-absorber-market
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