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(I-AutoNewsWire.com, April 28, 2018 ) According to Publisher, the Global Automotive Drivetrain Market is accounted for $261.58 billion in 2016 and is expected to reach $428.05 billion by 2023 growing at a CAGR of 7.3% during the forecast period. Factors such as rising demand for comfort & safety in vehicles, increasing need for lightweight driveshaft, development in the vehicle production and strict government regulations are propelling the market growth. However, huge endorsement and maintenance price of vehicles assembled with all-wheel drive vehicle and variation in raw material cost are hindering the market growth. Integration of electronics in drivetrains and developing markets for SUVS & premium cars by means of AWD systems are provides ample opportunities for the market.
Automotive drivetrain is a technique that performs as medium to connect the transportation to the drive axles. The drivetrain comprises of transmission, driveshaft, axles, and wheels. The main purpose of the drivetrain is to connect the engine that produces the power to driving wheels that consume this mechanical power.
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By drive type, All-Wheel Drive (AWD) includes a front, rear and center differential that uniformly give out power towards all four wheels of a vehicle. The powertrain is competent of providing power to all its wheels, depending on the obligation of the driver. The AWD vehicles are usually heavy and develop an additional transmission and axle, which leads to reduce in the fuel efficiency and rising in maintenance price. AWD systems play a significant function in excessive weather conditions. It is usually used for sports utility vehicles (SUVs), and minivans.
Asia Pacific is anticipated to acquire the largest market share during the forecast period due to developed as a hub for other fuel passenger cars. Governments within the region are also trying to promote the sales of alternating fuel vehicles through incentives and tax deductions.
Some of the key players in Automotive Drivetrain Market include American Axle & Manufacturing, Inc., GKN plc, Magna International Inc., JTEKT Corporation, Schaeffler Technologies AG & Co. KG, Aisin Seiki Co., Ltd., ZF Friedrichshafen AG, Showa Corporation, BorgWarner Inc., Dana Incorporated, Univance, Meritor, TREMEC, Hyundai Dymos and Eaton Corporation.
Drive Types Covered: - Rear Wheel Drive (RWD) - Front Wheel Drive (FWD) - All-Wheel Drive (AWD)
Vehicle Types Covered: - Light Commercial Vehicles (LCV) - Heavy Commercial Vehicles (HCV) - Passenger car
Electric Vehicle Types Covered: - Plug-In Hybrid Electric Vehicles (PHEV) - Battery Electric Vehicles (BEV) - Hybrid Electric Vehicles (HEV)
Transmissions Covered: - Automatic Transmission - Automated Manual Transmission - Manual Transmission - Continuous Variable Transmission - Dual-Clutch Transmission
Detail Information About Report@ http://www.reportsweb.com/automotive-drivetrain-global-market-outlook-2017-2023
Table of Contents
1 Executive Summary 2 Preface 3 Market Trend Analysis 4 Porters Five Force Analysis 5 Global Automotive Drivetrain Market, By Drive Type 6 Global Automotive Drivetrain Market, By Vehicle Type 7 Global Automotive Drivetrain Market, By Electric Vehicle Type 8 Global Automotive Drivetrain Market, By Transmission 9 Global Automotive Drivetrain Market, By Engine Location 10 Global Automotive Drivetrain Market, By Engine Types
11 Global Automotive Drivetrain Market, By Geography 11.1 Introduction 11.2 North America 11.2.1 US 11.2.2 Canada 11.2.3 Mexico 11.3 Europe 11.3.1 Germany 11.3.2 U.K. 11.3.3 Italy 11.3.4 France 11.3.5 Spain 11.3.6 Rest of Europe 11.4 Asia Pacific 11.4.1 Japan 11.4.2 China 11.4.3 India 11.4.4 Australia 11.4.5 New Zealand 11.4.6 South Korea 11.4.7 Rest of Asia Pacific 11.5 South America 11.5.1 Argentina 11.5.2 Brazil 11.5.3 Chile 11.5.4 Rest of South America 11.6 Middle East & Africa 11.6.1 Saudi Arabia 11.6.2 UAE 11.6.3 Qatar 11.6.4 South Africa 11.6.5 Rest of Middle East & Africa
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