Automotive Electric Drivetrain System Market Is Expected To Grow At A CAGR of 5.98% By 2023

Market Highlights:
The current trend in automotive industry is transition electrification. Many manual transmission parts are replaced by electric transmitted components for better efficiency. Automotive drivetrain is the component that includes various parts such as drive shafts, wheel, axles, U Joints, CV joints, and transmission. All these parts are responsible for the movement the all the wheels. The power is transferred to the wheels of the vehicle in order to drive the wheels for the movement. The components such as drive shaft is linked with the gearbox of the vehicle in order to provide the rotational movement in the wheels of the vehicle. Universal joint allows the wheels to move at various angles so as to provide stability. An axle is a shaft connected between the wheels and the drive system to provide transmission power to the vehicles. Sometimes, drivetrain is also called powertrain. The only difference is that the drive train consists of the components that drive the wheels while power train is the whole system that provides power to the wheels of the vehicle for making it rotate. In future, electric drivetrain system is expected to dominate the market due to its better efficiency and environment friendly capability.

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On the basis of region, the market is segmented based on North America, Asia Pacific, Europe, and Rest of the World. In Asia Pacific region, there is an increase in the production of new vehicles in countries such as India, China, and Japan. The major growth in Asia Pacific is due to the increase in the use of front wheel drive system because of its ability to provide better fuel efficiency and traction. The growth in passenger cars is also expected to drive the automotive electric drivetrain system market during the forecast period. In India and China, AWD segment is the highest growing segment due to the compact crossover traction. According to European Commission, many automotive manufacturers are expected to develop cutting-edge hybrid, electric and fuel cell technology in the vehicles to provide fuel efficiency. Europe is expected to be the second Asia Pacific region in the electric drivetrain system market due to increase in the investment in research and development. The growing investment in R&D, is expected to drive the growth of the automotive electric drivetrain system market during the forecast period.

Table of Contents:
1 Executive Summary
2 Research Methodology
2.1 Scope of the Study
2.1.1 Definition
2.1.2 Research Objective
2.1.3 Assumptions
2.1.4 Limitations
2.2 Research Process
2.2.1 Primary Research
2.2.2 Secondary Research
2.3 Market Size Estimation
2.4 Forecast Model
3 Market Dynamics
3.1 Market Drivers
3.2 Market Inhibitors
3.3 Supply/Value Chain Analysis
3.4 Porter’s Five Forces Analysis
4 Global Automotive Electric Drivetrain System Market, By Type
4.1 Introduction
4.2 All-Wheel Drive
4.3 Rear Wheel Drive
4.4 Front Wheel Drive
Continue…

Key Players
The key players in automotive electric drivetrain system market are Aisin Seiki Co., Ltd. (Japan), American Axle & Manufacturing, Inc. (U.S.), GKN plc (U.S.), and Magna International Inc. (Canada), BorgWarner Inc. (U.S.), Dana Holding Corporation (U.S.), JTEKT Corporation (Japan), TM4 (Canada), Magtec (U.K.), Delphi Automotive LLP (U.K), Visedo (Finland), Parker Hannifin Corp (U.S.), Punch Powertrain Nv (Belgium), AVTEC LTD (India), and AxleTech International SAS (U.S.).

Scope of the Report:
This study provides an overview of the global automotive electric drivetrain system market, tracking three market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific (APAC) and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global automotive electric drivetrain systems market by its type, electric drivetrain type, vehicle type, and region

By Type
• All-wheel drive
• Rear wheel drive
• Front wheel drive

By Electric Drivetrain Type
• BEV
• PHEV
• HEV

By Vehicle Type
• Passenger Cars
• Commercial Vehicles

By Region
• North America
• Europe
• Asia Pacific
• Rest of the World

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