by [150+ Pages Report] As per the latest Research and survey report issued by Precedence Research, the global automotive powertrain market was valued at around USD 739.42 billion in 2021 and is expected to register revenues worth USD 1,264.75 billion by the end of 2030, growing at an exceptional CAGR of approximately 6.1% between 2022 and 2030.
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Automotive Powertrain Market Growth Factors:
The powertrain of a vehicle defines comfort, safety, and performance. Engines and transmissions are the main components of a powertrain system. Some of the other important components of powertrain include propeller/ drive shaft, torque/ clutch converter, differential, and axles.
Introduction to pollution control norms and other stringent government regulations for emission control have forced vehicle manufacturers to improve the efficiency of powertrain. Hence, advanced technology incorporation such as combustion control improvements applied to the existing engines for example internal combustion engine are expected to thrive the market growth for automotive powertrain in the coming years.
Furthermore, the rising need for advanced driving experience has forced manufacturers to incorporate such systems in their business model to cater with the flourishing demand in the present environment. Day-to-day advancements in the automotive industry have opened up lucrative opportunity for the market growth of powertrain systems in the upcoming years.
Automotive Powertrain Market Report Scope
| Market | Automotive Powertrain Market |
| Market Size | USD 1,264.75 Billion by 2030 |
| Growth Rate | CAGR of 6.1% From 2022 and 2030 |
| Base Year | 2020 |
| Historic Data | 2017 to 2020 |
| Forecast Period | 2022 to 2030 |
| Segments Covered | Position, Engine, Vehicle |
| Regional Scope | North America, APAC, Europe, Latin America, MEAN, Rest of the World |
Automotive Powertrain Market Report Highlights
- On the basis of position, All-wheel Drive (AWD) led the global automotive powertrain market in the year 2020 and anticipated to grow at the fastest rate over the analysis period. This is mainly because of equal torque distribution to all wheels particularly while turning that provides enhanced grip and traction to the automobile. Nowadays, AWD is also being introduced in small passenger vehicles owing to rising demand for smooth driving experience, this in turn projected to drive the market growth for AWD in the near future. Further, the developing nations such as China and Japan witnessed a stupendous rise in the purchasing power of consumer that likely to propel the sale of luxury cars and high-end vehicles and in turn prosper the growth of AWD in the coming years.
- Based on vehicle type, passenger vehicles dominated the global automotive powertrain market in the year 2020 with more than half of the market revenue share. This is mainly attributed to the higher sales value of passenger vehicles compared to other vehicle types. In addition, rising demand for electric vehicles are likely to further drive the market of powertrains in passenger vehicles.
- By region, the Asia Pacific is the front-runner in the global automotive powertrain market in terms of revenue in the year 2020 and projected to grow at a rapid pace during the forthcoming years. This is mainly attributed to the rising demand for passenger cars in the region coupled with the increasing demand for automated transmission systems in the emerging countries such as India, China, South Korea, Australia, and Japan. Further, increasing sales of luxury and premium cars owing to increased purchasing power of consumers particularly in the developing nations are likely to boost the demand for advanced powertrains during the coming years.
Competition Landscape
The report has engulfed a chapter on the global electric vehicle market’s competitive landscape, which provides detailed analysis and insights on companies offering electric vehicle. Profiles of key companies, along with a strategic overview of their M&A and expansion plans across geographies, have been delivered in this chapter. This chapter is priceless for report readers, as its enables them in gauging their growth potential in the market and implement key strategies for extending their market reach. This chapter offers key recommendations for both new and existing market participants, enabling them to emerge sustainably and profitably. Intelligence on the market players has been delivered on the basis of their product overview, SWOT analysis, key developments, key financials and company overview. Occupancy of these market participants has been tracked by the report and portrayed via an intensity map.
Read Also@ Electric Vehicle Supply Equipment Market size is expected to surpass around US$ 212 billion by 2030
some of the prominent players in the automotive powertrain market include:
Aisin Seiki Co. Ltd., Ford Motor Company, Borgwarner Inc., General Motors Company, Hyundai Motor Company, GKN PLC, Jtekt Corporation, Volkswagen AG, Toyota Motor Corporation, and ZF Friedrichshafen AG among others.
Automotive Powertrain Market Segments
By Position
- All-wheel Drive (AWD)
- Rear-wheel Drive (RWD)
- Front-wheel Drive (FWD)
By Engine Type
- Diesel
- Gasoline
- Others
By Vehicle Type
- Passenger Car
- Light Commercial Vehicle (LCV)
- Heavy Commercial Vehicle (HCV)
Regional Segmentation
- Asia-Pacific [China, Southeast Asia, India, Japan, Korea, Western Asia]
- Europe [Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
- North America [United States, Canada, Mexico]
- South America [Brazil, Argentina, Columbia, Chile, Peru]
- Middle East & Africa [GCC, North Africa, South Africa]
Regional Analysis
The research report includes a detailed study of regions of North America, Europe, China, Japan and Rest of the World. The report has been curated after observing and studying various factors that determine regional growth such as economic, environmental, social, technological, and political status of the particular region. Analysts have studied the data of revenue and manufacturers of each region. This section analyses region-wise revenue and volume for the forecast period of 2019 to 2030. These analyses will help the reader to understand the potential worth of investment in a particular region.
The report provides in-depth segment analysis of the global automotive powertrain market, thereby providing valuable insights at macro as well as micro levels. Analysis of major countries, which hold growth opportunities or account for significant share has also been included as part of geographic analysis of the automotive powertrain market.
The report includes country-wise and region-wise market size for the period 2019-2030. It also includes market size and forecast by segments in terms of production capacity, price and revenue for the period 2019-2030.
Why should you invest in this report?
If you are aiming to enter the global automotive powertrain market, this report is a comprehensive guide that provides crystal clear insights into this niche market. All the major application areas for automotive powertrain are covered in this report and information is given on the important regions of the world where this market is likely to boom during the forecast period of 2021-2030 so that you can plan your strategies to enter this market accordingly.
Besides, through this report, you can have a complete grasp of the level of competition you will be facing in this hugely competitive market and if you are an established player in this market already, this report will help you gauge the strategies that your competitors have adopted to stay as market leaders in this market. For new entrants to this market, the voluminous data provided in this report is invaluable.
Table of Contents
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. Market Dynamics Analysis and Trends
5.1. Market Dynamics
5.1.1. Market Drivers
5.1.2. Market Restraints
5.1.3. Market Opportunities
5.2. Porter’s Five Forces Analysis
5.2.1. Bargaining power of suppliers
5.2.2. Bargaining power of buyers
5.2.3. Threat of substitute
5.2.4. Threat of new entrants
5.2.5. Degree of competition
Chapter 6. Competitive Landscape
6.1.1. Company Market Share/Positioning Analysis
6.1.2. Key Strategies Adopted by Players
6.1.3. Vendor Landscape
6.1.3.1. List of Suppliers
6.1.3.2. List of Buyers
Chapter 7. Global Automotive Powertrain Market, By Position
7.1. Automotive Powertrain Market, by Position, 2021-2030
7.1.1. All-wheel Drive (AWD)
7.1.1.1. Market Revenue and Forecast (2017-2030)
7.1.2. Rear-wheel Drive (RWD)
7.1.2.1. Market Revenue and Forecast (2017-2030)
7.1.3. Front-wheel Drive (FWD)
7.1.3.1. Market Revenue and Forecast (2017-2030)
Chapter 8. Global Automotive Powertrain Market, By Engine Type
8.1. Automotive Powertrain Market, by Engine Type, 2021-2030
8.1.1. Diesel
8.1.1.1. Market Revenue and Forecast (2017-2030)
8.1.2. Gasoline
8.1.2.1. Market Revenue and Forecast (2017-2030)
8.1.3. Others
8.1.3.1. Market Revenue and Forecast (2017-2030)
Chapter 9. Global Automotive Powertrain Market, By Vehicle Type
9.1. Automotive Powertrain Market, by Vehicle Type, 2021-2030
9.1.1. Passenger Car
9.1.1.1. Market Revenue and Forecast (2017-2030)
9.1.2. Light Commercial Vehicle (LCV)
9.1.2.1. Market Revenue and Forecast (2017-2030)
9.1.3. Heavy Commercial Vehicle (HCV)
9.1.3.1. Market Revenue and Forecast (2017-2030)
Chapter 10. Global Automotive Powertrain Market, Regional Estimates and Trend Forecast
10.1. North America
10.1.1. Market Revenue and Forecast, by Position (2017-2030)
10.1.2. Market Revenue and Forecast, by Engine Type (2017-2030)
10.1.3. Market Revenue and Forecast, by Vehicle Type (2017-2030)
10.1.4. U.S.
10.1.4.1. Market Revenue and Forecast, by Position (2017-2030)
10.1.4.2. Market Revenue and Forecast, by Engine Type (2017-2030)
10.1.4.3. Market Revenue and Forecast, by Vehicle Type(2017-2030)
10.1.5. Rest of North America
10.1.5.1. Market Revenue and Forecast, by Position (2017-2030)
10.1.5.2. Market Revenue and Forecast, by Engine Type (2017-2030)
10.1.5.3. Market Revenue and Forecast, by Vehicle Type (2017-2030)
10.2. Europe
10.2.1. Market Revenue and Forecast, by Position (2017-2030)
10.2.2. Market Revenue and Forecast, by Engine Type (2017-2030)
10.2.3. Market Revenue and Forecast, by Vehicle Type (2017-2030)
10.2.4. UK
10.2.4.1. Market Revenue and Forecast, by Position (2017-2030)
10.2.4.2. Market Revenue and Forecast, by Engine Type (2017-2030)
10.2.4.3. Market Revenue and Forecast, by Vehicle Type (2017-2030)
10.2.5. Germany
10.2.5.1. Market Revenue and Forecast, by Position (2017-2030)
10.2.5.2. Market Revenue and Forecast, by Engine Type (2017-2030)
10.2.5.3. Market Revenue and Forecast, by Vehicle Type (2017-2030)
10.2.6. France
10.2.6.1. Market Revenue and Forecast, by Position (2017-2030)
10.2.6.2. Market Revenue and Forecast, by Engine Type (2017-2030)
10.2.6.3. Market Revenue and Forecast, by Vehicle Type (2017-2030)
10.2.7. Rest of Europe
10.2.7.1. Market Revenue and Forecast, by Position (2017-2030)
10.2.7.2. Market Revenue and Forecast, by Engine Type (2017-2030)
10.2.7.3. Market Revenue and Forecast, by Vehicle Type (2017-2030)
10.3. APAC
10.3.1. Market Revenue and Forecast, by Position (2017-2030)
10.3.2. Market Revenue and Forecast, by Engine Type (2017-2030)
10.3.3. Market Revenue and Forecast, by Vehicle Type (2017-2030)
10.3.4. India
10.3.4.1. Market Revenue and Forecast, by Position (2017-2030)
10.3.4.2. Market Revenue and Forecast, by Engine Type (2017-2030)
10.3.4.3. Market Revenue and Forecast, by Vehicle Type (2017-2030)
10.3.5. China
10.3.5.1. Market Revenue and Forecast, by Position (2017-2030)
10.3.5.2. Market Revenue and Forecast, by Engine Type (2017-2030)
10.3.5.3. Market Revenue and Forecast, by Vehicle Type (2017-2030)
10.3.6. Japan
10.3.6.1. Market Revenue and Forecast, by Position (2017-2030)
10.3.6.2. Market Revenue and Forecast, by Engine Type (2017-2030)
10.3.6.3. Market Revenue and Forecast, by Vehicle Type (2017-2030)
10.3.7. Rest of APAC
10.3.7.1. Market Revenue and Forecast, by Position (2017-2030)
10.3.7.2. Market Revenue and Forecast, by Engine Type (2017-2030)
10.3.7.3. Market Revenue and Forecast, by Vehicle Type (2017-2030)
10.4. MEA
10.4.1. Market Revenue and Forecast, by Position (2017-2030)
10.4.2. Market Revenue and Forecast, by Engine Type (2017-2030)
10.4.3. Market Revenue and Forecast, by Vehicle Type (2017-2030)
10.4.4. GCC
10.4.4.1. Market Revenue and Forecast, by Position (2017-2030)
10.4.4.2. Market Revenue and Forecast, by Engine Type (2017-2030)
10.4.4.3. Market Revenue and Forecast, by Vehicle Type (2017-2030)
10.4.5. North Africa
10.4.5.1. Market Revenue and Forecast, by Position (2017-2030)
10.4.5.2. Market Revenue and Forecast, by Engine Type (2017-2030)
10.4.5.3. Market Revenue and Forecast, by Vehicle Type (2017-2030)
10.4.6. South Africa
10.4.6.1. Market Revenue and Forecast, by Position (2017-2030)
10.4.6.2. Market Revenue and Forecast, by Engine Type (2017-2030)
10.4.6.3. Market Revenue and Forecast, by Vehicle Type (2017-2030)
10.4.7. Rest of MEA
10.4.7.1. Market Revenue and Forecast, by Position (2017-2030)
10.4.7.2. Market Revenue and Forecast, by Engine Type (2017-2030)
10.4.7.3. Market Revenue and Forecast, by Vehicle Type (2017-2030)
10.5. Latin America
10.5.1. Market Revenue and Forecast, by Position (2017-2030)
10.5.2. Market Revenue and Forecast, by Engine Type (2017-2030)
10.5.3. Market Revenue and Forecast, by Vehicle Type (2017-2030)
10.5.4. Brazil
10.5.4.1. Market Revenue and Forecast, by Position (2017-2030)
10.5.4.2. Market Revenue and Forecast, by Engine Type (2017-2030)
10.5.4.3. Market Revenue and Forecast, by Vehicle Type (2017-2030)
10.5.5. Rest of LATAM
10.5.5.1. Market Revenue and Forecast, by Position (2017-2030)
10.5.5.2. Market Revenue and Forecast, by Engine Type (2017-2030)
10.5.5.3. Market Revenue and Forecast, by Vehicle Type (2017-2030)
Chapter 11. Company Profiles
11.1. Aisin Seiki Co. Ltd.
11.1.1. Company Overview
11.1.2. Product Offerings
11.1.3. Financial Performance
11.1.4. Recent Initiatives
11.2. Ford Motor Company
11.2.1. Company Overview
11.2.2. Product Offerings
11.2.3. Financial Performance
11.2.4. Recent Initiatives
11.3. Borgwarner Inc.
11.3.1. Company Overview
11.3.2. Product Offerings
11.3.3. Financial Performance
11.3.4. Recent Initiatives
11.4. General Motors Company
11.4.1. Company Overview
11.4.2. Product Offerings
11.4.3. Financial Performance
11.4.4. Recent Initiatives
11.5. Hyundai Motor Company
11.5.1. Company Overview
11.5.2. Product Offerings
11.5.3. Financial Performance
11.5.4. Recent Initiatives
11.6. GKN PLC
11.6.1. Company Overview
11.6.2. Product Offerings
11.6.3. Financial Performance
11.6.4. Recent Initiatives
11.7. Jtekt Corporation
11.7.1. Company Overview
11.7.2. Product Offerings
11.7.3. Financial Performance
11.7.4. Recent Initiatives
11.8. Volkswagen AG
11.8.1. Company Overview
11.8.2. Product Offerings
11.8.3. Financial Performance
11.8.4. Recent Initiatives
11.9. Toyota Motor Corporation
11.9.1. Company Overview
11.9.2. Product Offerings
11.9.3. Financial Performance
11.9.4. Recent Initiatives
11.10. ZF Friedrichshafen AG
11.10.1. Company Overview
11.10.2. Product Offerings
11.10.3. Financial Performance
11.10.4. Recent Initiatives
Chapter 12. Research Methodology
12.1. Primary Research
12.2. Secondary Research
12.3. Assumptions
Chapter 13. Appendix
13.1. About Us
13.2. Glossary of Terms
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