Global Automotive Drivetrain Components Market is expected to grow at significant rate in the forthcoming years. Drivetrain components are a cluster of components that enables power to the driving wheels. Primary function of automotive drivetrain components comprises coupling the engine to produce the power to driving wheels that uses the mechanical power. Conceptually, the drive train serves two functions, one, it transmits power from engine to wheel and second it differences the amount of torque. Commercially, the market for automotive drivetrain components market is gaining a positive traction owing to demand for automatic vehicles.
Driving factors responsible for the growth of automotive drivetrain components industry mainly attributes to the growth in comfort and safety in vehicles. Also, the rise in vehicle production is another major driver for the growth of automotive drivetrain components market. The market for front wheel drive vehicles is expected to gain a positive traction in forthcoming years.
Based on segmentation by drivetype, automotive drivetrain components market includes Front Wheel (FWD), Rear Wheel Drive (RWD), 4 Wheel Drive (4WD), All Wheel Drive (AWD). Based on segmentation by location of engine, automotive drivetrain components industry includes front engine and rear engine. Based on segmentation by transmission, automotive drivetrain components market includes automatic transmission and manual transmission.
Based on segmentation by vehicle type, automotive drivetrain components industry includes vehicle type and electric vehicle type. Vehicle type is further categorized into passenger cars, light-commercial vehicles (LCV) and heavy commercial vehicles (HCV). Electric vehicle type is further categorized into battery electric vehicle (BEV), hybrid electric vehicle (HEV) and Plug-in hybrid electric vehicle (PHEV).
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Geographically, automotive drivetrain components industry spans North America, Latin America, Europe, Asia-Pacific, Middle-East and Africa. APAC market dominates the market growth in the estimated period and also it is expected to continue its dominance in the forthcoming years. Europe and North America market is also expected to grow at a significant CAGR in the forthcoming years owing to rise in sales of automotive and automotive components. MEA regions are also expected to grow at a higher CAGR in the forthcoming years.
The key players in the automotive drivetrain components market include Aisin Seiki Co. Ltd., American Axle & Manufacturing, Inc., BorgWarner Inc., GKN PLC, Magna International Inc., Dana Holding Corporation, and JTEKT Corporation.
Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD), market share and growth rate of Automotive Drivetrain Components in these regions, from 2012 to 2022 (forecast), covering • United States • EU • China • Japan • South Korea • India
Global Automotive Drivetrain Components market competition by top manufacturers, with production, price, revenue (value) and market share for each manufacturer; the top players including • Robert Bosch GmbH • Aisin Seiki Co. • American Axle & Mfg. Holdings Inc. • Aisin World Corp. of America • JTEKT Corp. • Hitachi Automotive Systems • Dana Holding Corp. • Visteon Corp. • GKN • Brose Fahrzeugteile GmbH • SKF Automotive • Linamar Corp. • Brose North America Inc. • Metaldyne • Gentex Corp.
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