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Global Four Wheel Drive Vehicle market 2015-2019

Global Four Wheel Drive Vehicle market 2015-2019

Global four wheel drive vehicle market outlook

Technavios market research analysts estimate four wheel drive (4WD) vehicle shipments to cross over 7 million, in terms of unit sales by 2019. The rising demand for sports utility vehicles (SUVs) fitted with MWD propels the growth of this market.

In the automotive market in China, SUVs are the fastest-growing vehicle segment. The growing demand for these vehicles among the emerging middle class drives the demand for 4WDs. As per this forecast, the market is predicted to witness increased adoption of 4WDs in hybrid vehicles until 2019. For instance, GKN Automotive is designing and developing advanced drivetrain technologies to support hybrid electric vehicles (EVs).

Issues concerning four wheel drive

Vehicles equipped with 4WDs are susceptible to high maintenance costs. The vehicle provides lower mileage compared to vehicles fitted with 2WD systems.

The utility of a 4WD vehicle is best realized when driven on rugged terrains. But their tires and brakes wear out quickly and therefore it necessitates periodic changes of differential fluids. If these vehicles are constantly driven in rough conditions, the span between general maintenance is further shortened.

In the current price-sensitive market, customers look for vehicles that give them maximum value for money. Hence, it has become difficult for manufacturers to shift this cost pressure onto customers. As per this market forecast, manufacturers are predicted to keep their margins low through 2019.

Market segmentation by vehicle type

Standard 4WD
Premium 4WD
The growth of the global standard 4WD vehicle market is expected to be fueled by the steady growth of the global light vehicle market. The steady demand of light vehicles in emerging economies is expected to account for over 60% of the overall automobile sales by 2019.

Market segmentation of 4WDs by geography

APAC
Americas
EMEA
The global 4WD vehicle market is well diversified across all geographies, with the Americas holding the major share of the market currently. The market in the Americas is mainly based in core markets such as the US, Brazil, and Canada. The Americas ids followed by the APAC.

Leading vendor analysis of the global 4WD market

BMW
Dacia
Daimler
GM
Hyundai
Land Rover
Volvo
The global 4WD vehicle market is dominated by several international players that are expanding their footprint in developing nations of the APAC region. During the forecast period, market vendors are anticipated to increase their focus on matching stringent fuel efficiency standards. The other prominent vendors of this market include Audi, Chevrolet, FIAT, HONDA, Nissan, PSA, Skoda, TATA, Toyota, and Volkswagen.

Key questions answered in the report

What are the key factors driving the global 4WD market
What are the key market trends impacting the growth of the global 4WD market
What are the various opportunities and threats faced by the vendors in the global 4WD market
Trending factors influencing the market shares for the global 4WD market
Market shares for APAC, Americas, and Europe

Key outcome of the five forces analysis on the global 4WD market
Growth forecast of the global 4WD market
Technavio also offers customization on reports based on specific client requirement.

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Press Release

Technavio Announces the Publication of its Research Report – Global Four Wheel Drive Vehicle Market 2015-2019

Technavio recognizes the following companies as the key players in the Global Four Wheel Drive Vehicle Market: BMW, Dacia, Daimler, GM, Hyundai, Land Rover and Volvo

Other Prominent Vendors in the market are: Audi, Chevrolet, FIAT, HONDA, Nissan, PSA, Skoda, TATA, Toyota, and Volkswagen.

Commenting on the report, an analyst from Technavio’s team said: “The various benefits offered by HEVs such as reduced carbon emissions, better fuel efficiency, reduced dependence on natural resources for fuel, and better performance have increased their adoption in the recent years. As a result, the automotive 4WD system manufacturers are focusing and launching new 4WD systems, especially for HEVs.”

According to the report, 4WD vehicles offer the advantages of both FWD and RWD. One of the primary benefits offered by 4WD is the better traction performance in both severe weather conditions and on dry road surfaces. As a result, vehicles equipped with 4WD attract both performance-driven consumers as well as those who have specific requirements in unfavorable conditions. 4WD vehicles have excellent balancing, handling, and driving dynamics capabilities.

Further, the report states that the strengthening of fuel efficiency standards across the globe is a major challenge in the global 4WD vehicle market as these vehicles run fewer miles per gallon than other vehicles.

Companies Mentioned

BMW, Dacia, Daimler, GM, Hyundai, Land Rover, Volvo, Audi, Chevrolet, FIAT, HONDA, Nissan, PSA, Skoda, TATA, Toyota, and Volkswagen.

  • Executive summary
    • Highlights
  • Scope of the report
    • Market overview
    • Top-vendor offerings
      • Table Product offerings
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
      • Table Wheel drive types
      • Table Advantages of 4WD
      • Table Disadvantages of 4WD
  • Market landscape
    • Global 4WD vehicle market
    • Market size and forecast
      • Table Global 4WD vehicle market 2014-2019 (millions of units)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by vehicle type
    • Market overview
      • Table Global 4WD vehicle market by vehicle type 2014 and 2019
      • Table Global 4WD vehicle market by vehicle type 2014-2019
    • Global standard 4WD vehicle market
      • Market size and forecast
        • Table Global standard 4WD vehicle market 2014-2019 (millions of units)
    • Global premium 4WD vehicle market
      • Market size and forecast
        • Table Global premium 4WD vehicle market 2014-2019 (millions of units)
  • Geographical segmentation
    • Global 4WD vehicle market
      • Table Segmentation of global 4WD vehicle market by geography 2014 and 2019
      • Table Segmentation of global 4WD vehicle market by geography 2014-2019
    • 4WD vehicle market in Americas
      • Table 4WD vehicle market in Americas 2014-2019 (millions of units)
    • 4WD vehicle market in APAC
      • Table 4WD vehicle market in APAC 2014-2019 (millions of units)
    • 4WD vehicle market in EMEA
      • Table 4WD vehicle market in EMEA 2014-2019 (millions of units)
      • Table Key drivers of global 4WD vehicle market
  • Market drivers
    • Table 4WD vehicles with high mileage
    • Table MWD for improved comfort and safety
    • Table Advantages of 4WD
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
    • Table Key challenges of global 4WD vehicle market
    • Table 4WD vehicles with low mileage
  • Impact of drivers and challenges
    • Table 2015 2017 2019
  • Market trends
    • Table Key trends in global 4WD vehicle market
  • Vendor landscape
    • Competitive scenario
      • Table Key vendors 2014
    • Other prominent vendors
  • Key vendor analysis
    • BMW
      • Table BMW: Business segmentation by revenue 2014
      • Table BMW: Business segmentation by revenue 2013 and 2014 ($ billions)
      • Table BMW: Geographical segmentation by revenue 2014
    • Dacia
      • Table Dacia: Production plants
    • Daimler
      • Table Daimler: Business segmentation
      • Table Daimler: Business segmentation by revenue 2014
      • Table Daimler: Business segmentation by revenue 2013 and 2014 ($ billions)
      • Table Daimler: Geographical segmentation by revenue 2014
    • GM
      • Table GM: Business/product segmentation by revenue 2014
      • Table GM: Business/Product segmentation by revenue 2013 and 2014 ($ billions)
    • Hyundai
      • Table Hyundai: Business segmentation by revenue 2014
      • Table Hyundai: Geographical segmentation by revenue 2014
    • Jaguar Land Rover
      • Table Jaguar Land Rover: Geographical segmentation by revenue 2014
    • Volvo
      • Table Volvo: Business segmentation by revenue 2014
      • Table Volvo: Geographical segmentation by revenue 2014
  • Appendix
    • List of abbreviation
  • Explore Technavio

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