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Global & Norway Automotive Powertrain Market to 2031

Publisher Business Market Insights
Published Jul 01, 2025
Length 107 Pages
SKU # BMKS20221628

Description

In 2024, Norway's automotive powertrain market was overwhelmingly dominated by electric vehicles, which accounted for 88% of all new car sales—a trend expected to persist into 2025. Battery electric vehicles (BEVs) led the charge, supported by a widespread charging infrastructure and generous government incentives. The market is projected to grow at a CAGR of 9.4% in line with Europe through 2031. Popular models such as the Tesla Model Y and Volvo EX30 saw strong sales. Traditional petrol and diesel vehicles have all but disappeared from the market, holding only a negligible share. Despite facing challenges like high EV prices and ongoing supply chain disruptions, Norway continues to lead globally in vehicle electrification, propelling the growth of its powertrain sector.

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. Norway 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. Norway Automotive Powertrain Market – Analysis
6.1 Norway Automotive Powertrain Market Revenue (US$ Million), 2021–2031
6.2 Norway Automotive Powertrain Market Revenue and Forecast Analysis
7. Norway Automotive Powertrain Market Analysis – by Vehicle Type
7.1 Norway Automotive Powertrain Market – Revenue and Forecast, 2021–2031 (US$ Million) – by Vehicle Type
8. Norway Automotive Powertrain Market Analysis – by Drive Type
8.1 Norway Automotive Powertrain Market – Revenue and Forecast, 2021–2031 (US$ Million) – by Drive Type
9. Norway Automotive Powertrain Market Analysis – by Propulsion Type
9.1 Norway Automotive Powertrain Market – Revenue and Forecast, 2021–2031 (US$ Million) – by Propulsion Type
10. Norway Automotive Powertrain Market Analysis – by Ice Propulsion Type
10.1 Norway Automotive Powertrain Market – Revenue and Forecast, 2021–2031 (US$ Million) – by Ice Propulsion Type
11. Norway Automotive Powertrain Market Analysis – by Electric Propulsion Type
11.1 Norway Automotive Powertrain Market – Revenue and Forecast, 2021–2031 (US$ Million) – by Electric Propulsion Type
12. Norway Automotive Powertrain Market Analysis – by Sales Channel
12.1 Norway 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. Norway Automotive Powertrain Market Segmentation
Table 2. List of Vendors
Table 3. Norway Automotive Powertrain Market – Revenue, 2021–2024 (US$ Million)
Table 4. Norway Automotive Powertrain Market – Revenue Forecast, 2025–2031 (US$ Million)
Table 5. Norway Automotive Powertrain Market – Revenue, 2021–2024 (US$ Million) – by Vehicle Type
Table 6. Norway Automotive Powertrain Market – Revenue Forecast, 2025–2031 (US$ Million) – by Vehicle Type
Table 7. Norway Automotive Powertrain Market – Revenue, 2021–2024 (US$ Million) – by Drive Type
Table 8. Norway Automotive Powertrain Market – Revenue Forecast, 2025–2031 (US$ Million) – by Drive Type
Table 9. Norway Automotive Powertrain Market – Revenue, 2021–2024 (US$ Million) – by Propulsion Type
Table 10. Norway Automotive Powertrain Market – Revenue Forecast, 2025–2031 (US$ Million) – by Propulsion Type
Table 11. Norway Automotive Powertrain Market – Revenue, 2021–2024 (US$ Million) – by Ice Propulsion Type
Table 12. Norway Automotive Powertrain Market – Revenue Forecast, 2025–2031 (US$ Million) – by Ice Propulsion Type
Table 13. Norway Automotive Powertrain Market – Revenue, 2021–2024 (US$ Million) – by Electric Propulsion Type
Table 14. Norway Automotive Powertrain Market – Revenue Forecast, 2025–2031 (US$ Million) – by Electric Propulsion Type
Table 15. Norway Automotive Powertrain Market – Revenue, 2021–2024 (US$ Million) – by Sales Channel
Table 16. Norway 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. Norway 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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