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Global & Canada Automotive Powertrain Market to 2031

Publisher Business Market Insights
Published Jul 01, 2025
Length 107 Pages
SKU # BMKS20221606

Description

Between 2024 and 2031, Canada’s automotive powertrain market is showing consistent growth, fueled by government support and a national move toward zero-emission vehicles (ZEVs). In 2024, the Canadian market accounted for 11% of North America's total automotive powertrain revenue. Sales of electric vehicles saw moderate growth, with ZEVs making up 8.7% of all new vehicle purchases, backed by financial incentives and the expansion of the public charging network, which now includes 29,473 stations. Hybrid vehicles also saw increased adoption, with a global sales rise of 15.1% in 2024, reflecting Canada’s emphasis on improving fuel efficiency. Although internal combustion engine (ICE) powertrains still represent 89% of the market, their dominance is gradually being challenged by stricter emissions regulations promoting electrification. The commercial vehicle segment, especially Class 8 trucks, is anticipated to grow significantly due to increasing private sector demand. Passenger vehicles remain the leading segment, holding a 68% market share, largely driven by the popularity of SUVs in urban areas. However, the industry faces ongoing obstacles, including a shortage of semiconductors and the high cost of EV batteries, which make up roughly 30% of an electric vehicle’s total cost. Key manufacturers such as Ford and General Motors are ramping up electric powertrain production, with companies like Magna International contributing innovations such as advanced e-motors. Canada’s regulatory efforts and investment in infrastructure are positioning the country for sustained growth in the electrified vehicle sector through the end of the decade.

Table of Contents

107 Pages
1. Introduction
1.1 Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Insights
3. Research Methodology
3.1 Secondary Research
3.2 Primary Research
3.2.1 Data Triangulation and Validation:
4. Canada Automotive Powertrain Market Landscape
4.1 Overview
4.2 Ecosystem Analysis
4.2.1 List of Vendors in the Value Chain
5. Automotive Powertrain Market Key Market Dynamics
5.1 Automotive Powertrain Market – Key Market Dynamics
5.2 Market Drivers
5.3 Market Restraints
5.4 Market Opportunities
5.5 Future Trends
5.6 Impact of Drivers and Restraints
6. Canada Automotive Powertrain Market – Analysis
6.1 Canada Automotive Powertrain Market Revenue (US$ Million), 2021–2031
6.2 Canada Automotive Powertrain Market Revenue and Forecast Analysis
7. Canada Automotive Powertrain Market Analysis – by Vehicle Type
7.1 Canada Automotive Powertrain Market – Revenue and Forecast, 2021–2031 (US$ Million) – by Vehicle Type
8. Canada Automotive Powertrain Market Analysis – by Drive Type
8.1 Canada Automotive Powertrain Market – Revenue and Forecast, 2021–2031 (US$ Million) – by Drive Type
9. Canada Automotive Powertrain Market Analysis – by Propulsion Type
9.1 Canada Automotive Powertrain Market – Revenue and Forecast, 2021–2031 (US$ Million) – by Propulsion Type
10. Canada Automotive Powertrain Market Analysis – by Ice Propulsion Type
10.1 Canada Automotive Powertrain Market – Revenue and Forecast, 2021–2031 (US$ Million) – by Ice Propulsion Type
11. Canada Automotive Powertrain Market Analysis – by Electric Propulsion Type
11.1 Canada Automotive Powertrain Market – Revenue and Forecast, 2021–2031 (US$ Million) – by Electric Propulsion Type
12. Canada Automotive Powertrain Market Analysis – by Sales Channel
12.1 Canada Automotive Powertrain Market – Revenue and Forecast, 2021–2031 (US$ Million) – by Sales Channel
13. Competitive Landscape
13.1 Heat Map Analysis by Key Players
13.1 Company Positioning and Concentration
14. Industry Landscape
14.1 Overview
14.2 Market Initiative
14.2 Partnerships and Collaborations
14.2 Other Developments
15. Company Profiles
15.1 Robert Bosch GmbH
15.1. 1 Key Facts
15.1. 2 Business Description
15.1. 3 Products and Services
15.1. 4 Financial Overview
15.1. 5 SWOT Analysis
15.1. 6 Key Developments
15.2 Aisin Corp
15.2. 1 Key Facts
15.2. 2 Business Description
15.2. 3 Products and Services
15.2. 4 Financial Overview
15.2. 5 SWOT Analysis
15.2. 6 Key Developments
15.3 BorgWarner Inc
15.3. 1 Key Facts
15.3. 2 Business Description
15.3. 3 Products and Services
15.3. 4 Financial Overview
15.3. 5 SWOT Analysis
15.3. 6 Key Developments
15.4 GKN Automotive Ltd
15.4. 1 Key Facts
15.4. 2 Business Description
15.4. 3 Products and Services
15.4. 4 Financial Overview
15.4. 5 SWOT Analysis
15.4. 6 Key Developments
15.5 JTEKT Corp
15.5. 1 Key Facts
15.5. 2 Business Description
15.5. 3 Products and Services
15.5. 4 Financial Overview
15.5. 5 SWOT Analysis
15.5. 6 Key Developments
15.6 Magna International Inc
15.6. 1 Key Facts
15.6. 2 Business Description
15.6. 3 Products and Services
15.6. 4 Financial Overview
15.6. 5 SWOT Analysis
15.6. 6 Key Developments
15.7 Schaeffler AG
15.7. 1 Key Facts
15.7. 2 Business Description
15.7. 3 Products and Services
15.7. 4 Financial Overview
15.7. 5 SWOT Analysis
15.7. 6 Key Developments
15.8 Marelli Holdings Co Ltd
15.8. 1 Key Facts
15.8. 2 Business Description
15.8. 3 Products and Services
15.8. 4 Financial Overview
15.8. 5 SWOT Analysis
15.8. 6 Key Developments
15.9 ZF Friedrichshafen AG
15.9. 1 Key Facts
15.9. 2 Business Description
15.9. 3 Products and Services
15.9. 4 Financial Overview
15.9. 5 SWOT Analysis
15.9. 6 Key Developments
15.10 Valeo SE
15.10. 1 Key Facts
15.10. 2 Business Description
15.10. 3 Products and Services
15.10. 4 Financial Overview
15.10. 5 SWOT Analysis
15.10. 6 Key Developments
16. Appendix
16.1 About Business Market Insights
16.2 List of Abbreviations
TABLE OF TABLES
Table 1. Canada Automotive Powertrain Market Segmentation
Table 2. List of Vendors
Table 3. Canada Automotive Powertrain Market – Revenue, 2021–2024 (US$ Million)
Table 4. Canada Automotive Powertrain Market – Revenue Forecast, 2025–2031 (US$ Million)
Table 5. Canada Automotive Powertrain Market – Revenue, 2021–2024 (US$ Million) – by Vehicle Type
Table 6. Canada Automotive Powertrain Market – Revenue Forecast, 2025–2031 (US$ Million) – by Vehicle Type
Table 7. Canada Automotive Powertrain Market – Revenue, 2021–2024 (US$ Million) – by Drive Type
Table 8. Canada Automotive Powertrain Market – Revenue Forecast, 2025–2031 (US$ Million) – by Drive Type
Table 9. Canada Automotive Powertrain Market – Revenue, 2021–2024 (US$ Million) – by Propulsion Type
Table 10. Canada Automotive Powertrain Market – Revenue Forecast, 2025–2031 (US$ Million) – by Propulsion Type
Table 11. Canada Automotive Powertrain Market – Revenue, 2021–2024 (US$ Million) – by Ice Propulsion Type
Table 12. Canada Automotive Powertrain Market – Revenue Forecast, 2025–2031 (US$ Million) – by Ice Propulsion Type
Table 13. Canada Automotive Powertrain Market – Revenue, 2021–2024 (US$ Million) – by Electric Propulsion Type
Table 14. Canada Automotive Powertrain Market – Revenue Forecast, 2025–2031 (US$ Million) – by Electric Propulsion Type
Table 15. Canada Automotive Powertrain Market – Revenue, 2021–2024 (US$ Million) – by Sales Channel
Table 16. Canada Automotive Powertrain Market – Revenue Forecast, 2025–2031 (US$ Million) – by Sales Channel
Table 17. List of Abbreviations
TABLE OF FIGURES
Figure 1. Impact Analysis of Drivers and Restraints
Figure 2. Canada Automotive Powertrain Market Revenue, (US$ Million), 2021–2031
Figure 3. Heat Map Analysis by Key Players
Figure 4. Company Positioning and Concentration

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