The global automotive powertrain market size is expected to reach US$ 1,266 billion by 2030 from US$ 697.7 billion in 2020 and is expected to grow at an impressive double-digit rate of 6.1% from 2021 to 2030.
The study includes drivers and restraints of this market. The study provides an analysis of the global automotive powertrain market for the period 2017-2030, wherein 2021 to 2030 is the forecast period and 2020 is considered as the base year.
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.
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Report Highlights
| Market | Automotive Powertrain Market |
| Market Size | USD 1,266 Billion by 2030 |
| Growth Rate | CAGR of 6.1% From 2021 and 2030 |
| Base Year | 2020 |
| Historic Data | 2017 to 2020 |
| Forecast Period | 2021 to 2030 |
| Segments Covered | Position, Engine, Vehicle |
| Regional Scope | North America, APAC, Europe, Latin America, MEAN, Rest of the World |
| Companies Mentioned | Aisin Seiki Co. Ltd., Ford Motor Company, Borgwarner Inc., General Motors Company, Hyundai Motor Company, GKN PLC, Jtekt Corporation, Volkswagen AG, Toyota Motor Corporation |
The prominent market players in the global automotive powertrain market invest significantly in the research & development (R&D) in order to maintain their competitive edge in the global market. Further, new product launch, merger & acquisition, collaboration, and partnership are some of the business strategies adoptedby the established industry participants. For instance, in January 2020, CNH Industries announced to split its operation into two major units one that will handle construction and agriculture brands and other unit will manage bus, truck, and engine division. The separation of the company expected to be completed by the early 2021.
Some of the prominent players covered under the global automotive powertrain market report 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.
Market Segmentation
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)
By Regional Outlook
- North America
- US
- Rest of North America
- Europe
- UK
- Germany
- France
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Rest of Asia Pacific
- Latin America
- Brazil
- Rest of Latin America
- Middle East & Africa (MEA)
- GCC
- North Africa
- South Africa
- Rest of the Middle East & Africa
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.
Key Questions Answered by the Report:
- What will be the size of the global automotive powertrain market in 2030?
- What is the expected CAGR for the automotive powertrain market between 2021 and 2030?
- Which are the top players active in this global market?
- What are the key drivers of this global market?
- How will the market situation change in the coming years?
- Which region held the highest market share in this global market?
- What are the common business tactics adopted by players?
- What is the growth outlook of the global automotive powertrain market?
TABLE OF CONTENT
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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