Automotive Drivetrain Market Forecasts to 2028 – Global Analysis By Technology (Central Motor, Wheel Hub Module), Engine Location (Front Engine, Rear Engine), Vehicle Type (Passenger Car, Electric Vehicles), and By Geography

Automotive Drivetrain Market Forecasts to 2028 – Global Analysis By Technology (Central Motor, Wheel Hub Module), Engine Location (Front Engine, Rear Engine), Vehicle Type (Passenger Car, Electric Vehicles), and By Geography

According to Stratistics MRC, the Global Automotive Drivetrain Market is accounted for $283.98 billion in 2020 and is expected to reach $537.42 billion by 2028 growing at a CAGR of 8.3% during the forecast period. Some of the key factors propelling the market growth include rising demand for comfort & safety in vehicles, increasing demand for lightweight driveshaft, growing demand for electric vehicles across different countries, and increase in disposable income. However, fluctuations in raw material prices are likely to hamper the market growth.

The automotive drivetrain comprises offering the transmission of power to the driving wheel of automobiles. It is commonly referred to as a powertrain or driveline. It is responsible for the functioning of the vehicle’s movement, engine performance, and wheels. This type of system includes features such as improved vehicle performance, and enhancement in fuel efficiency. The various component such as wheels, drive shafts, U joints, CV joints all together composes the drive train system.

By drive type, the all-wheel drive (AWD) segment is anticipated to grow at a significant rate during the forecast period, as these systems offer improved traction and control, and high power, AWD are equipped in most sports utility vehicles (SUVs). Features counting stability control work and anti-slip in combination with AWD. This type also aids in dropping fuel consumption, due to the better drag on the drivetrain.

On the basis of geography, Asia Pacific region is expected to have considerable market growth during the forecast period, due to the increase in demand for automated transmission and advanced systems, industrial and infrastructural development, and rise in the sales of vehicle and growing spending expenditure in the region.

Some of the key players in Automotive Drivetrain Market include Dana, Inc., Schaeffler AG, American Axle & Manufacturing Inc., JTEKT Corporation, General Motors, Hyundai Motor Company, Aisin Seiki Co., Ltd., ZF Friedrichshafen AG, GKN PLC, Toyoto Motor Corporation, Volkswagen AG, BorgWarner, Inc., Showa Corporation, Magna International, Inc., Eaton, Univance Corporation, Robert Bosch GmbH, and Continental AG.

Drive Types Covered:
• Rear Wheel Drive (RWD)
• Front Wheel Drive (FWD)
• All-Wheel Drive (AWD)
• 4 Wheel Drive (4WD)
• 2 Wheel Drive (2WD)

Vehicle Types Covered:
• Passenger Car
• Electric Vehicles
• Commercial Vehicles

Technologies Covered:
• E-Axle
• Central Motor
• Wheel Hub Module

Sales Channels Covered:
• Distributor
• Direct Sales

Engine Locations Covered:
• Front Engine
• Rear Engine

Transmission Types Covered:
• Automatic Transmission (AT)
• Dual-Clutch Transmission (DCT)
• Manual Transmission (MT)
• Automated Manual Transmission (AMT)
• Continuous Variable Transmission (CVT)

Regions Covered:
• North America
US
Canada
Mexico
• Europe
Germany
France
Italy
UK
Spain
Rest of Europe
• Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
• South America
Argentina
Brazil
Chile
Rest of South America
• Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2025 and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis, etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
Comprehensive profiling of additional market players (up to 3)
SWOT Analysis of key players (up to 3)
• Regional Segmentation
Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances