Automotive Powertrain Market Size By Application, Industry Analysis Reports, Regional Outlook (North America, Europe, Asia Pacific, Middle East & Africa, And South America), Growth Potential, Price Trends, Competitive Market Shares & Forecast 2023 - 2030
Automotive powertrain also called the power plant, consists of those parts or components that conduct the vehicle's power from the original source of energy to the surface of the road. In most modern vehicles, the powertrain includes the engine, transmission, drive shaft, differentials and what is known as the final drive.
In automotive terms, the powertrain (also frequently called the running gear in this context), combined with the frame of the vehicle, forms the chassis. When the engine and transmission are removed from the powertrain, the remainder is what the automotive industry commonly refers to as the driveline or drivetrain.
Automotive Powertrain is a system of mechanical parts in a vehicle that first produces energy, then converts it in order to propel it, whether it be an automobile, boat or other machinery. The basic Components it may include are:
- Engine
- Transmission
- Drive Shafts
The concentration degree of Automotive Powertrain market is high with the top 5 manufacturers occupied market share over 60%. The major players in this market are Toyota, General Motors, Ford Motor, Honda, FCA, etc.
Gasoline Powertrain System has the largest share of Automotive Powertrain in USA, and the Diesel Powertrain System is expected to retain the higher growth rate during the next five years due to strong growth in automotive industry. In addition, as people's awareness of environmental protection, the Flex Fuel Powertrain System market share will become increasingly large.
Despite the presence of competition problems, due to the clear global recovery trend, investors are still optimistic about this area, investors are still optimistic about this area, the future will still have more new investment enter the field. In the next five years, the consumption volume will keep slow increasing, as well as the consumption value.
The Global Automotive Powertrain Market was valued at xxx million USD with a CAGR xx% from 2018-2022. Subsequently, it will touch xxx million USD in 2023 with a CAGR xx % from 2023 - 2030.
In the global Automotive Powertrain Market, This report focuses particularly in North America, South America, Europe and Asia-Pacific, and Middle East and Africa. This report classifies the Market on the basis of application, type, regions, and manufactures.
In Market segmentation by manufacturers, the report covers the following companies-
Nissan
Toyota
General Motors
Ford Motor
Honda
BMW
Hyundai Motor
FCA
In Market segmentation by geographical regions, the report has analysed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
In Market segmentation by types :
Gasoline Powertrain System
Diesel Powertrain System
Hybrid Powertrain System
Flex Fuel Powertrain System
In Market segmentation by applications :
Passenger Car
Commercial Vehicle
The research provides answers to the following key questions:
• What is the estimated growth rate and Market share and size of the Automotive Powertrain Market for the forecast period 2023 - 2030?
• What are the driving forces in the Automotive Powertrain Market for the forecast period 2023 - 2030?
• Who are the prominent Market players and how have they gained a competitive edge over other competitors?
• What are the Market trends influencing the progress of the Automotive Powertrain industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the Market hold for the prominent Market players?
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Note – In order to provide more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19.
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