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Automotive Drivetrain Market Analysis, Size, Current Scenario and Future Prospects

01-05-2024 08:24 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Orion Market Research

Automotive Drivetrain Market Analysis, Size, Current Scenario

Automotive Drivetrain Market is anticipated to grow at a CAGR of 5.8% during the forecast period (2023-2030). The market growth is attributed to commercial trends across the globe. The availability of the APP550 highlights the continued trend toward electrification in the automobile sector. To comply with environmental rules and consumer demand for cleaner and more efficient automobiles, many automakers are investing in electric drivetrain technology. Accordingly, market players are coming up with new products to cater to the demand for new electric drivetrain. For instance, in April 2023, Volkswagen revealed the 'ID.' EV family's new generation electric drivetrain. The APP550 innovative electric drivetrain powers ID. According to maintains, the APP550 provides superior performance and more efficiency, therefore Compared to its predecessors, the range of the ID. The APP550 was created specifically for Volkswagen's MEB. The platform for (Modular Electric Drive) has been introduced.

The global automotive drivetrain market is segmented on the drive type, absorber type, vehicle type, and application. Based on the vehicle type, the market is sub-segmented passenger cars, commercial vehicles, and electric vehicles. The passenger cars subcategory is expected to capture a significant portion of the market share within the vehicle type segment. This is attributed to the rising income levels among the population have led to an increase in consumer expenditure, on luxuries, and that essentially drives the growth of the automotive drivetrain market.

To Request a Sample of our Report on Automotive Drivetrain Market: https://www.omrglobal.com/request-sample/automotive-drivetrain-market

Market Coverage

Market number available for - 2022-2030
Base year- 2022
Forecast period- 2023-2030
Segment Covered- By Source, By Product Type, By Applications
Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
, and others
Automotive Drivetrain Market Segmentation

By Drive Type

Front-Wheel Drive (FWD)
Rear-Wheel Drive (RWD)
All-Wheel Drive (AWD)
Four-Wheel Drive (4 WD)
By Vehicle Type

Passenger Vehicle
Commercial Vehicles
Electric Vehicle
A full report of Automotive Drivetrain Market available @ https://www.omrglobal.com/industry-reports/automotive-drivetrain-market

Regional Analysis

North America

· United States

· Canada

Europe

· UK

· Germany

· Spain

· France

· Italy

· Rest of Europe

Asia-Pacific

· India

· China

· Japan

· South Korea

· Rest of APAC

Rest of the World

• Latin America

• Middle East and Africa

Company Profiles

Aisin Corp.
Allison Transmission, Inc.
American Axle & Manufacturing, Inc.
BorgWarner Inc.
Continental AG
Dana Inc.
Detroit Diesel Corporation
Eaton Corp.
General Motors
GKN Automotive Ltd.
JTEKT Corp
Magna International Inc.
Melrose Industries PLC
Nidec Corp.
Robert Bosch GmbH
Schaeffler Group
SHOWA Co.
Tenneco Inc.
Volkswagen AG
ZF Friedrichshafen AG
Reasons to buy from us -

1. We cover more than 15 major industries, further segmented into more than 90 sectors.

2. More than 120 countries are for analysis.

3. Over 100+ paid data sources mined for investigation.

4. Our expert research analysts answer all your questions before and after purchasing your report.

For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/automotive-drivetrain-market

Media Contact:

Company Name: Orion Market Research

Contact Person: Mr. Anurag Tiwari

Email: info@omrglobal.com

Contact no: +91 7803040404

About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

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