Parts & Suppliers Market Research Reports & Industry Analysis

In 2023 and 2024, Italy's automotive powertrain market experienced a 12.8% increase in vehicle registrations, reaching 147,026 units in February 2024. Hybrid vehicles led the market with 55,407 units sold, marking a 16.1% year-over-year rise. In contrast, battery electric vehicle (BEV) sales decline ...

Indonesia's automotive powertrain market is on the rise, driven by increasing urbanization and higher rates of vehicle ownership. In 2024, the market was valued at USD 10.24 billion, with projections indicating a compound annual growth rate (CAGR) of 10.24% from 2025 to 2031. A growing middle class ...

In 2023, electric vehicles made up 35% of new car sales in the Netherlands, with hybrid models experiencing notable growth in 2024. The country's automotive powertrain market is forecast to expand at a compound annual growth rate (CAGR) of 9.01% through 2031, supported by comprehensive charging infr ...

Vietnam's automotive powertrain market is in a growth phase, with a valuation of USD 5.79 billion in 2024. In a key development, VinFast signed a memorandum of understanding with Tamil Nadu, India, in January 2024 to expand its electric vehicle (EV) manufacturing efforts—highlighting Vietnam's incre ...

In 2023 and 2024, Ukraine’s automotive powertrain market was significantly affected by the ongoing conflict, resulting in a strong reliance on internal combustion engine (ICE) vehicles. Electric vehicle (EV) adoption remains extremely limited due to damaged infrastructure and economic instability. T ...

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 govern ...

The Philippines’ automotive powertrain market is experiencing steady growth within the Asia Pacific region, reaching a value of USD 6.26 billion in 2024. The growing trend of urbanization and the rise in vehicle ownership are driving up the demand for hybrid and fuel-efficient powertrains. In 2023, ...

In 2024, Sweden’s automotive powertrain market demonstrated strong momentum toward electrification, with battery electric vehicles (BEVs) making up 35% of new registrations in April and plug-in vehicles accounting for a combined 63% share. Hybrid vehicles also saw a 12% year-over-year increase, repr ...

Bahrain’s automotive powertrain market is relatively small but expanding, contributing to the MEA region’s USD 0.22 billion market in 2024. The introduction of VAT and increasing urban demand have driven growth in hybrid vehicle sales, with passenger cars dominating the market in 2023. From 2025 to ...

In 2024, Australia's automotive powertrain market is increasingly driven by rising consumer interest in hybrid and electric vehicles, bolstered by government incentives aimed at promoting low-emission technologies. The market is further supported by growing environmental awareness, with passenger ca ...

In 2024, electric vehicles accounted for 26% of new car sales in Belgium, with hybrid adoption continuing to rise into 2025. The country’s automotive powertrain market is projected to grow at a compound annual growth rate (CAGR) of 10.95% through 2031, supported by strict EU emissions standards and ...

Japan remains a major contributor to the Asia Pacific automotive powertrain market, which reached a valuation of USD 94.18 billion in 2024. In 2023, initiatives such as Nissan’s X-in-1 electrified powertrain strategy supported greater adoption of electric and hybrid vehicles. The country’s emphasis ...

Global Automotive Hall Effect Sensors Market to Reach US$5.0 Billion by 2030 The global market for Automotive Hall Effect Sensors estimated at US$3.7 Billion in the year 2024, is expected to reach US$5.0 Billion by 2030, growing at a CAGR of 5.1% over the analysis period 2024-2030. Linear Hall Effec ...

Global Automotive Accelerometers Market to Reach US$1.2 Billion by 2030 The global market for Automotive Accelerometers estimated at US$1.0 Billion in the year 2024, is expected to reach US$1.2 Billion by 2030, growing at a CAGR of 2.3% over the analysis period 2024-2030. MEMS Accelerometer, one of ...

Taiwan Automotive Parts Manufacturers - Industry Report The analysis conducted in the Automotive Parts Manufacturers (Taiwan) report is ideal for anyone wanting to • Identify the market leaders • Spot companies heading for failure • Seek out the most attractive acquisition opportunities • Analyse in ...

Chile’s automotive powertrain market is relatively small, with vehicle sales reaching 318,000 units in 2024, within a regional market valued at USD 3.88 billion. Although sales dropped by 26.5% in 2023, the adoption of hybrid and electric vehicles is growing, supported by government incentives for g ...

In 2023 and 2024, Poland's automotive powertrain market remained focused on internal combustion engine (ICE) vehicles, though hybrids have been steadily gaining popularity. While detailed registration figures are scarce, the market is expected to follow the broader European growth trajectory, with a ...

Qatar's automotive powertrain market is currently experiencing growth, contributing to the MEA region's total value of USD 3.07 billion in 2024. The country's commitment to sustainability and the rollout of 5G technology are accelerating the adoption of electric vehicles, with passenger cars driving ...

As of 2024, Singapore's automotive powertrain market represents a small yet important part of the broader Asia Pacific landscape, with a regional valuation of USD 6.99 billion. The nation’s strong commitment to sustainability and strict emissions standards is fueling demand for electric and hybrid p ...

Saudi Arabia is at the forefront of the MEA automotive powertrain market, supported by its Vision 2030 strategy and significant investments in electric vehicle (EV) ventures such as Lucid Motors. In 2024, the regional market was valued at USD 1.58 billion, with Saudi Arabia actively advancing electr ...

In 2024, electric vehicles made up 25% of new car sales in Switzerland, while hybrids continued to hold a significant market share. The sector is expected to expand at a compound annual growth rate (CAGR) of 6.98% through 2031, supported by robust environmental policies and a consumer base with stro ...

The UAE’s automotive powertrain market is experiencing strong growth, with Dubai hosting over 300 EV charging stations as of 2023 and aiming to expand that number to 1,000 by 2025. As part of the MEA market, valued at USD 0.55 billion in 2024, the UAE stands out for its rapid adoption of electric ve ...

Egypt’s automotive powertrain market is expanding within the MEA region, which was valued at USD 4.43 billion in 2024. Growth in passenger vehicle sales during 2023 was fueled by increasing urban demand and stricter government emission standards. Looking ahead, the market is expected to grow at a co ...

In 2023 and 2024, Luxembourg’s automotive powertrain market continued its shift toward electrification, driven by environmentally focused policies and a high-income population. While detailed figures are scarce, the market is expected to follow Europe’s broader growth trend, with a projected CAGR of ...

Global Utility Terrain Vehicle Parts and Accessories Market to Reach US$10.1 Billion by 2030 The global market for Utility Terrain Vehicle Parts and Accessories estimated at US$7.8 Billion in the year 2024, is expected to reach US$10.1 Billion by 2030, growing at a CAGR of 4.4% over the analysis per ...