The function of a drivetrain is to deliver the power generated from the engine to the wheels in the vehicle in order to keep the vehicle moving. Depending on the power provided to the vehicles’ wheels, the drivetrain systems differ. For vehicles with front-wheel drive (FWD), engine power is directly provided to front wheels of the vehicle, which negates the requirement of driveshaft in FWD vehicles. In case of rear-wheel drive (RWD) vehicles, power is delivered to the rear wheels engine via driveshaft, this arrangement is ideal for pulling heavy loads. In all-wheel drive (AWD) vehicles, all wheels of the vehicle are provided with equal traction, in order to overcome bad weather conditions and harsh terrains.
The automotive drivetrain market is projected to grow with the increasing vehicle production. The Asia-Oceania region is estimated to be the largest market for automotive drivetrain. According to the scope of this report, the automotive drivetrain market is classified by region (Asia-Oceania, North America, Europe, and RoW), by vehicle type (passenger car, light commercial vehicle, and heavy commercial vehicle), by drive type (FWD, RWD, & AWD). The automotive drivetrain market is defined in terms of volume and value in the automotive industry. The market size, in terms of volume, is provided in thousand units (‘000 units) from 2012 to 2019, whereas the market, in terms of value, is provided in terms of $million from 2012 to 2019. This report also provides qualitative data about automotive drivetrain and its components.
The growing demand for comfort and safety in vehicles and better vehicle handling in unfavorable terrain are identified as the major driving forces for the growth of the global automotive drivetrain market. In this report a comprehensive review of market drivers, restraints, opportunities, challenges, and key issues in the automotive drivetrain market is also provided. Apart from quantitative analysis of these markets, the report also covers qualitative aspects such as value chain analysis, PEST analysis and Porter’s five force analysis for the automotive drivetrain market.
ZF Friedrichshafen AG (Germany), GKN Plc (U.K.), Aisin Seiki Co., Ltd. (Japan), JTEKT Corp. (Japan), American Axle & Manufacturing Inc. (U.S.), and BorgWarner Inc. (U.S.) are identified as the key players in the automotive drivetrain market. These major players along with other prominent players in the market are profiled according to scope of the report.