Automotive Drivetrain Market Research Report 2023 with Value, CAGR, Industry Analysis, Latest Updates, Data and Outlook to 2029 - Aisin Seiki, American Axle, Borgwarner, GKN

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The Global Automotive Drivetrain Market Size, Scope, and Forecast 2023-2029 report has been added to the Market research collection of Market Insights Reports. Industry experts and researchers have offered an authoritative and concise analysis of the Automotive Drivetrain Market with respect to various aspects such as growth factors, challenges, restraints, developments, and opportunities for growth. This report provides a pin-point analysis of changing dynamics and emerging trends in the Automotive Drivetrain Market. Additionally, it provides a futuristic perspective on various factors that are likely to fuel the growth of the Worldwide Automotive Drivetrain Market in the coming years.

In 2020, the market for automotive drivetrains was worth USD 183.26 billion. The market is anticipated to increase at a CAGR of 7.3% between 2021 and 2029, rising from USD 191.50 billion in 2021 to USD 311.43 billion in 2028. The effects of COVID-19 have been unprecedented and staggering on a global scale, with the pandemic negatively impacting demand for automotive drivelines in every region. In contrast to the average year-over-year growth during 2017-2019, our analysis shows that the global market experienced a significant decline of -14.5% in 2020. When the pandemic is over, this market's demand and growth will resume to pre-pandemic levels, which explains the abrupt increase in CAGR.

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Some of the key players profiled in the study are Aisin Seiki, American Axle, Borgwarner, GKN, ZF, Magna, Dana, JTEKT, Showa, Schaeffler and other Prominent players.

Major Market Developments

In June 2016, ZF Friedrichshafen has opened a new plant, ZF Pars SSK, in Iran to improve its competitive position and to meet the increased demand for commercial vehicle transmission systems in the Middle Eastern region.

In April 2015, Aisin Seiki announced plans to build a new office for its R&D affiliate Aisin (Nantong) Technical Center of China Co., Ltd in China. This would help Aisin Seiki to fully integrate different stages of product development such as design, development, and assessment, thereby improving the quality of the products and services offered to customers.

In March 2016, American Axle & Manufacturing Holdings, Inc. announced the launch of new driveline technologies at the 2016 Winter Test Activities event in Michigan (U.S.). The company is set to launch e-AAM hybrid and electric driveline systems and QUANTUM lightweight axles and drive units. These technologies will decrease carbon dioxide emissions and increase fuel economy.

Competition is an important issue in any market research analysis. With the help of the competitive analysis provided in the report, players can easily study the key strategies employed by leading players in the Automotive Drivetrain market. The major and emerging players of the Automotive Drivetrain Market are closely studied considering their market share, production, sales, revenue growth, gross margin, product portfolio, and other important factors. This will help players familiarize themselves with the movements of their toughest competitors in the Automotive Drivetrain market.

The segmental analysis section of the report includes a thorough research study on key type and application segments of the Automotive Drivetrain market

Automotive Drivetrain Market (By Types)

AWD

FWD

RWD

Automotive Drivetrain Market (By Application)

Passenger car

LCV

HCV

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If opting for the Global version of Automotive Drivetrain Market; then the below country analysis would be included:

- North America (North America is projected to be the third biggest market in the global market due to rising sales of vehicles and increasing consumer preference for comfort driving experience and pollution-free commute. Furthermore, the regional government is actively looking into the development relating to automotive components, which will support & promote manufacturing and contribute to the growth of the market.)

- Europe (Europe holds the second-largest position in the market, of which Germany ranks first in this regional market as major auto manufacturers are located. Furthermore, they are early adopters of the new trends & technology and also second most manufacturing hub for auto parts across the world. Moreover, rapid adoption of EVs in Norway, Germany, the U.K., and the Netherlands is responsible for the growth of market in Europe.)

- Asia-Pacific (Asia Pacific stood at USD 77.18 billion in 2020 and is anticipated to come out as the fastest-growing region in the projected period. It is expected to dominate the global market with the highest CAGR. A significant factor contributing to the growth of this region is its presence of automotive manufacturers, strong supply chain, and supportive government policies. Furthermore, high population & economically strong countries such as China, India, and South Korea accounting for more than 45% of the global population and various favourable governmental measures aimed at reviving the auto industry, which was battered by COVID-19, are expected to promote market expansion in these countries. Furthermore, rising south Asian sales of AWD and expected EV & ICE sales, high urbanization, and smart cities are anticipated to propel the automotive market growth.)

- South America (Brazil, Argentina, Chile, Colombia, the Rest of the countries, etc.)

- the Middle East and Africa (Saudi Arabia, United Arab Emirates, Israel, Egypt, Turkey, Nigeria, South Africa, Rest of MEA)

Important years considered in the Automotive Drivetrain study:

Historical year - 2017-2021;
Base year - 2022;
Forecast period** - 2023 to 2029 [** unless otherwise stated]

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Table of Contents:

Introduction of the Global Automotive Drivetrain Market
- Overview of the Market
- Scope of Report
- Assumptions
Executive Summary
Research Methodology of Market Insights Reports
- Data Mining
- Validation
- Primary Interviews
- List of Data Sources
Global Automotive Drivetrain Market Outlook
- Overview
- Market Dynamics
- Drivers
- Restraints
- Opportunities
- Porters Five Force Model
- Value Chain Analysis
Global Automotive Drivetrain Market, By Product
Global Automotive Drivetrain Market, By Application
Global Automotive Drivetrain Market, By Geography
- North America
- Europe
- Asia Pacific
- Rest of the World
Automotive Drivetrain Manufacturing Cost Analysis
Global Automotive Drivetrain Market Competitive Landscape
- Overview
- Company Market Ranking
- Key Development Strategies
Industrial Chain, Sourcing Strategy and Downstream Buyers
Marketing Strategy Analysis, Distributors/Traders
Company Profiles
Appendix

Reasons to Procure this Report:

The research would help top administration/policymakers/professionals/product advancements/sales managers and stakeholders in this market in the following ways.

The report provides Automotive Drivetrain market revenues at the worldwide, regional, and country levels with a complete analysis to 2029 permitting companies to analyze their market share and analyze projections, and find new markets to aim for.

The research includes the Automotive Drivetrain market split by different types, applications, technologies, and end-uses. This segmentation helps leaders plan their products and finances based on the upcoming development rates of each segment.

Automotive Drivetrain market analysis benefits investors by knowing the scope and position of the market giving them information on key drivers, challenges, restraints, and expansion chances of the market and moderate threats.

This report would help to understand competition better with a detailed analysis and key strategies of their competitors and plan their position in the business.

The study helps evaluate Automotive Drivetrain business predictions by region, key countries, and top companies' information to channel their investments.

What is new in 2023?

- Major developments that can change the business landscape as well as market forecasts.

- Addition/refinement in segmentation-Increase in depth or width of segmentation of the market.

- Coverage of new market players and change in the market share of existing players of the Automotive Drivetrain market.

- Updated financial information and product portfolios of players operating in the Automotive Drivetrain market.

- Updated market developments of the profiled players.

- Any new data points/analysis (frameworks) which was not present in the previous version of the report

The new edition of the report consists of trends/disruptions on customer's business, tariff and regulatory landscape, pricing analysis, and a market ecosystem map to enable a better understanding of the market dynamics for Automotive Drivetrain.

Customization services available with the report:

-20% customization.

-Five Countries can be added as per your choice.

-Five Companies can added as per your choice.

- customization upto 40 hours.

-Post-sales support for 1 year from the date of delivery.

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