The Automotive Powertrain Market is projected to grow to USD 2367.1 billion by 2033, up from USD 868.24 billion in 2023, reflecting a compound annual growth rate (CAGR) of 12.03% from 2023 to 2033. The automotive powertrain is a key system within a vehicle that generates and transmits power to the wheels, enabling propulsion. It includes critical components such as the engine, transmission, driveshaft, differential, and wheels, which work together to convert mechanical energy into vehicle movement. The powertrain significantly influences a vehicle’s performance, efficiency, and drivability, making it a central focus in automotive engineering and development.
The latest research report by Evolve Business Intelligence explores the various factors influencing the global market. It includes an analysis of the current market size, forecasts for key segments and regions, and the driving forces behind market growth. The report examines the potential impacts of key trends on business strategies and provides a SWOT analysis of critical sectors for each major competitor and customer group. This valuable data highlights the conglomerates likely to impact the industry, crucial for any company planning to invest strategically over the next five years. These insights complement our initial quantitative study, aiding in new investments and strategic planning to mitigate threats in existing sectors.
Segments covered
By Engine Type (Gasoline and Diesel)
By Position (Front-Wheel Drive Powertrain, Rear-Wheel Drive Powertrain and All-Wheel Drive Powertrain)
By Vehicle Type (Passenger Cars, and Commercial Vehicles)
Key players
General Motors
Delphi Automotive Company
Aisin Seiki Co., Ltd.
Robert Bosch
ZF Friedrichshafen AG
Continental AG
BorgWarner Inc.
GKN Plc
Volkswagen Group
MAGNA POWERTRAIN LTD.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook