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Automotive Driveline Market Size, Overview, Top Key Players, Growth, Share, and Forecast 2031
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The driveline or drivetrain is the group of parts of an automobile's powertrain that are located between the differential and transmission. Typically, it consists of the entire chain that runs from the engine to the drive wheels via a number of universal joints that transmit torque and rotation and provide power to the wheels.
Factors Influencing Market Growth
Increased vehicle production, improvements and technological developments in chassis systems, and rising sales of electric cars (EVs). Thus, these factors fuel the market growth.
Rapidly expanding infrastructure developments related to EV manufacturing, the improvement of all-wheel drive for future vehicles, and rising technology creates lucrative opportunities in the market.
Raw material price fluctuations and declining vehicle ownership due to an increase in shared mobility are factors predicted to restrain the market growth.
Study of the COVID-19 Pandemic
The COVID-19 outbreak had a significant negative impact on the automotive driveline market. Due to the lockdown a sharp decline in automotive sales, a shortage of raw materials, and other problems. As a result, the global economic recession caused a drop in the output of driveline components. Additionally, there were many difficulties with the raw materials needed to make components.
On the other hand, it is anticipated that government recovery incentives will help sales resume their normal course. Companies that are focusing on e-drive development also boost their supply chains and keep in touch with their clients and suppliers. These actions enable the company to react quickly to a comeback.
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Regional Insights
Asia Pacific is anticipated to hold a significant share of the market. The region's automotive demand is expanding quickly due to the presence of significant developing countries like India and China where demand for both commercial vehicles and passenger cars is rising annually. However, a lot of OEMs from across the world have production facilities in this region due to their geographic location and easy access to labor. Most of them outsource the production of their parts to Chinese firms due to China's low cost of raw materials. This region was thus able to establish itself as one of the world's top producers of automotive driveline systems.
Leading Competitors
The leading competitors in the global automotive driveline market are:
BorgWarner
Continental AG
DENSO Corporation
Ford Motor Company
GKN Ltd
Hitachi Ltd
Mahindra & Mahindra Ltd
Marelli Holdings Co. Ltd
Melrose industries plc
MSL driveline systems limited
Robert Bosch GmbH
Schaeffler AG
Toyota Motor Corporation
Valeo
Volkswagen AG
Xlerate Driveline India Ltd
ZF Friedrichshafen AG
Others
Segmentation Analysis
The global automotive driveline market segmentation focuses on Vehicle Class, Drive Type, Propulsion Type, Application, and Region.
Segmentation based on Vehicle Class
Economy
Mid-Priced
Luxury
Segmentation based on Drive Type
Front Wheel Drive (FWD)
Rear Wheel Drive (RWD)
All Wheel Drive (AWD)
Segmentation based on Propulsion Type
Internal Combustion Engine (ICE)
Electric
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Segmentation based on Application
Passenger Car
Light Commercial Vehicle
Heavy Commercial Vehicle
Segmentation based on Region
North America
The U.S.
Canada
Mexico
Europe
Western Europe
The UK
Germany
France
Italy
Spain
Rest of Western Europe
Eastern Europe
Poland
Russia
Rest of Europe
Asia Pacific
China
India
Japan
Australia & New Zealand
ASEAN
Rest of Asia Pacific
Middle East & Africa (MEA)
UAE
Saudi Arabia
South Africa
Rest of MEA
South America
Brazil
Argentina
Rest of South America
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Table of Content
Chapter 1: Global Automotive Driveline Industry Overview
Chapter 3: Market Dynamics
Chapter 4: Top Company Profiles
Chapter 5: Global Automotive Driveline market Competition, by Players
Chapter 6: Global Market Size by Regions
Chapter 7: Global Market Segment by Application
Chapter 8: Global Automotive Driveline Industry Segment by Type
Chapter 9: Market Chain, Sourcing Strategy, and Downstream Buyers
Chapter 10: Strategies and key policies by Distributors/Suppliers/Traders
Chapter 11: Key Marketing Strategy Analysis, by Market Vendors
Chapter 12: Market Effect Factors Analysis
Chapter 13: Global Automotive Driveline market Size Forecast (2023-2031).
Continue….
Reasons to Buy This Report
(A) The research provides valuable insights for top administration, policymakers, professionals, product advancements, sales managers, and stakeholders in the market. It helps them make informed decisions and strategize effectively.
(B) The report offers comprehensive analysis of Automotive Driveline market revenues on a global, regional, and country level, projecting trends until 2031. This data allows companies to assess their market share, identify growth opportunities, and explore new markets.
(C) The research includes segmentation of the Automotive Driveline market based on types, applications, technologies, and end-uses. This segmentation enables leaders to plan their products and allocate resources based on the expected growth rates of each segment.
(D) Analysis of the Automotive Driveline market benefits investors by providing insights into market scope, position, key drivers, challenges, restraints, expansion opportunities, and potential threats. This information helps them make informed investment decisions.
(E) The report offers a detailed analysis of competitors, their key strategies, and market positioning. This knowledge allows businesses to better understand the competition and plan their own strategies accordingly.
(F) The study helps evaluate Automotive Driveline business predictions by region, key countries, and top companies, providing valuable information for investment planning and decision-making.
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