Global Powertrain Market 2025 by Company, Regions, Type and Application, Forecast to 2031

According to our (Global Info Research) latest study, the global Powertrain market size was valued at US$ 2700 million in 2024 and is forecast to a readjusted size of USD 3363 million by 2031 with a CAGR of 3.2% during review period.

Powertrain Testing is undergoing radical change, driven by the challenges that global society faces today. The need for reduced dependence on fossil fuels and improved carbon footprints is driving advances in the technologies used in all vehicles. This in turn has a direct impact on approaches to testing of powertrain components and systems.

There are three major areas of powertrain test: Hardware-in-the-loop and Component cells test sub-systems of the Powertrain and normally include simulation of other components that are absent from the test. These are generally focused on the development of hardware systems such as engine/prime-mover/transmission control systems.

Full-Powertrain cells provide a test of the full Powertrain solution, often in combination with a Robot Driver and real-world simulation tools.

In-Vehicle tests allow the full powertrain to be tested in the vehicle, normally with a Robot Driver and again will often use real-world simulation technologies.

Market competition is intense. AKKA Technologies, Ricardo, FEV, ThyssenKrupp and Horiba, etc. are the leaders of the industry, with about 34% market shares.

North America region is the largest supplier of powertrain testing, with a revenue market share nearly 30%. Europe is the second largest supplier of powertrain testing, enjoying revenue market share nearly 28%.

This report is a detailed and comprehensive analysis for global Powertrain market. Both quantitative and qualitative analyses are presented by company, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.

Key Features:

Global Powertrain market size and forecasts, in consumption value ($ Million), 2020-2031

Global Powertrain market size and forecasts by region and country, in consumption value ($ Million), 2020-2031

Global Powertrain market size and forecasts, by Type and by Application, in consumption value ($ Million), 2020-2031

Global Powertrain market shares of main players, in revenue ($ Million), 2020-2025

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Powertrain

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Powertrain market based on the following parameters - company overview, revenue, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include AKKA Technologies, Ricardo, FEV, ThyssenKrupp, Horiba, Applus+ IDIADA, Intertek, IAV, MAE, A&D, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market segmentation

Powertrain market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for Consumption Value by Type and by Application. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
Engine Test
Gearbox Test
Turbocharger Test
Powertrain Final Tests
Other

Market segment by Application
Automotive Powertrain Components Manufacturers
Automotive Manufacturers
Others

Market segment by players, this report covers
AKKA Technologies
Ricardo
FEV
ThyssenKrupp
Horiba
Applus+ IDIADA
Intertek
IAV
MAE
A&D
IBAG
Atesteo
FAKT
CSA Group
KST
CRITT M2A

Market segment by regions, regional analysis covers

North America (United States, Canada and Mexico)

Europe (Germany, France, UK, Russia, Italy and Rest of Europe)

Asia-Pacific (China, Japan, South Korea, India, Southeast Asia and Rest of Asia-Pacific)

South America (Brazil, Rest of South America)

Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)

The content of the study subjects, includes a total of 13 chapters:

Chapter 1, to describe Powertrain product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top players of Powertrain, with revenue, gross margin, and global market share of Powertrain from 2020 to 2025.

Chapter 3, the Powertrain competitive situation, revenue, and global market share of top players are analyzed emphatically by landscape contrast.

Chapter 4 and 5, to segment the market size by Type and by Application, with consumption value and growth rate by Type, by Application, from 2020 to 2031

Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2020 to 2025.and Powertrain market forecast, by regions, by Type and by Application, with consumption value, from 2026 to 2031.

Chapter 11, market dynamics, drivers, restraints, trends, Porters Five Forces analysis.

Chapter 12, the key raw materials and key suppliers, and industry chain of Powertrain.

Chapter 13, to describe Powertrain research findings and conclusion.