Global Automotive Drivetrain Market Research Report and Forecast

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Global Automotive

Drivetrain Market Research

Report and Forecast

2021-2026

Author: Elena Anderson,

Marketing Manager |

IMARC Group

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Report Description

About

IMARC Group

The International Market Analysis Research and Consulting Group is a leading adviser on management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

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Report Description

Report Description and Highlights

Global Automotive Drivetrain Market Outlook 2026:

According to the latest report by IMARC Group, titled “Automotive Drivetrain Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the global automotive drivetrain market grew at a CAGR of 6% during 2015-2020.

An automotive drivetrain is an integral part of a vehicle and provides power or torque to move the driving wheels.

It consists of various components, namely driveshaft, which assists in rotary movement; transmission that helps in transferring power from the engine to the driveshaft and rear wheels; constant velocity (CV) joints, which are designed to be able to bend in any direction to turn the wheels at a constant velocity, and universal (U) joints that transmit power to the wheels to navigate in various angles.

Nowadays, automatic drivetrains are gaining traction across the world due to the increasing production of automobiles.

Request for a free sample report: https://www.imarcgroup.com/automotive-drivetrain-market/requestsample

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Report Description

Report Description and Highlights

Global Automotive Drivetrain Market Trends:

The global automotive drivetrain market is primarily driven by the rapid growth of the automotive industry and electrification of drivetrain components.

The increasing demand for comfort and safety in vehicles for better control under unfavorable terrain and weather conditions has increased the need for automotive drivetrains. They offer enhanced traction and high towing capacity to navigate long distances.

Besides this, technological advancements have enabled manufacturers to introduce automatic drivetrains that offer increased fuel efficiency and improved vehicle performance.

They also provide improved combustion control for internal combustion engines.

Furthermore, with the increasing use of hybrid and electric vehicles (EVs/HEVs), automobile

manufacturers are widely employing high-quality drivetrains to improve the safety of the passengers. On account of these factors, the market is expected to witness moderate growth during the forecast period (2021-2026).

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Market Summary:

Breakup by Vehicle Type:

• Passenger cars

• Light commercial vehicles • Heavy commercial vehicles

Breakup by Drive Type:

• All wheel • Front wheel • Rear wheel Breakup by Region: • North America • Europe • Asia Pacific • Latin America

• Middle East and Africa

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Competitive Landscape With Keyplayer:

• Aisin Seiki Co. Ltd.

• American Axle & Manufacturing Inc. • Borgwarner Inc.

• Dana Incorporated • ZF Friedrichshafen AG • GKN Automotive Limited • JTEKT Corporation

• Magna International Inc.

• Schaeffler Technologies AG & Co. KG • Showa Corporation

View Report TOC, Figures and Tables : https://www.imarcgroup.com/automotive-drivetrain-market

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A partial List of our Clients

We are the trusted business partners to theworld's leading corporates, governments, and institutions

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A partial List of our Clients

We are the trusted business partners to theworld's leading corporates, governments, and institutions

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Report Description

Report Description and Highlights

This Publication and all it’s contents unless otherwise mentioned are copyrighted in the name of International Market Analysis Research and Consulting (IMARC). No part of this publication may be reproduced, repackaged, redistributed or resold in whole or in any part. The publication may also not be used in any form or by and means graphic electronic or mechanical, including photocopying, recording, taping or by information storage or retrieval, or by any other form, without the express consent of International Market Analysis Research and Consulting (IMARC).

Disclaimer: All contents and data of this publication, including forecasts, data analysis and opinion have been

based on information and sources believed to be accurate and reliable at the time of publishing. International Market Analysis Research and Consulting makes no representation of warranty of any kind as to the accuracy or completeness of any Information provided. IMARC accepts no liability whatsoever for any loss or damage resulting from opinion, errors or inaccuracies if any found this publication.

IMARC, IMARC Group and Global Therapy Insight Series are registered trademarks of International Market Analysis Research and Consulting. All other trademarks used in this publication are registered trademarks of their respective companies.

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