Global Powertrain Market – Industry Trends and Forecast to 2026
Global Powertrain Market is expected to register a substantial CAGR in the forecast period of 2019-2026. The report contains data from the base year of 2018 and the historic year of 2017. This rise in market value can be attributed to the increased demand for higher power capacity as well as the need for safe mobility.
The key profiles various organizations and players have likewise been highlighted here such as Continental AG; DENSO CORPORATION; General Motors; Delphi Technologies; Hyundai Motor Company; Magna International Inc.; MAHINDRA & MAHINDRA LTD.; Ford Motor Company; Melrose Industries PLC; JTEKT Corporation; AISIN SEIKI Co., Ltd.; Volkswagen AG; BorgWarner Inc.; ZF Friedrichshafen AG; Valeo; Robert Bosch GmbH; Eaton; Hitachi Automotive Systems, Ltd.; Magneti Marelli S.p.A.; Ricardo and Schaeffler Engineering GmbH among others. These profiles help the new entrants to clearly visualize the level of competition they are going to experience in the Global Powertrain Market.
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Various features and important queries have been answered in top-notch report- :
- What are the market tools and techniques on the basis of which the Global Powertrain Market is evaluated?
Various market research tools and techniques such as PESTEL analysis, SWOT analysis, Porter’s Five Forces analysis, Primary and secondary research methodologies have utilized to dig deep into this Global Powertrain Market.
- What all regions are covered in this Global Powertrain Market research report?
The focused regions are basically U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others.
- How does this report prove to be beneficial for the readers?
The Global Powertrain Market report saves crucial time of the readers by providing deep and unbiased insights related to Global Powertrain Market under one roof. Additionally, this report can be customized according to the customers’ requirement. Specific regional wise or country wise analysis is also available as per on request.
For better comprehension the overall Global Powertrain Market has been segmented on the basis various factors such as-
- By Components – Engine, Transmission, Drive Shafts, Differentials, Final Drive)
- Technology Type – Hybrid, Automated
- Engine Type – Gasoline, Diesel
- Position – AWD, FWD, RWD
- Vehicle Type – PC, CV, Off-Road Vehicles, Construction Equipment, Defence Vehicles, Agricultural Vehicles
- Geography (North America, Europe, Asia-Pacific, South America, Middle East and Africa
Reasons to purchase this report-:
- The Global Powertrain Market report provides all-encompassing perspective related to the Global Powertrain Market and comprehend the different components engaged with the purchasing choices.
- The report analysis different projects, significant information which helps the client to settle on educated choices.
- The report incorporates segmentation that helps in understanding developing deals with new reasoning, new aptitudes, and imaginative projects and instruments.
- Various research tools and methodologies such SWOT analysis, PESTEL analysis etc. have been employed to investigate different market factors thoroughly.
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Market Drivers:
- Rising focus of various manufacturers to develop greater environmental friendly vehicles systems that are lightweight without reducing their effectiveness
- Increasing adoption for automatic transmission in vehicles is also expected to augment growth of the market
- Significant innovations and advancements in the market pertaining to electrification and hybrid powertrain systems; this factor is expected to boost the growth of the market
- Presence of strict regulations presented by the government on developing more environmental-friendly vehicles; this factor is set to foster growth in the market
Market Restraints:
- High levels of costs associated with the development and integration of these systems; this factor is expected to restrict the growth of the market
- Absence of information regarding the availability of sustainable powertrain solutions; this factor is expected to restrain the growth of the market
Key Developments in the Market:
- In October 2018, MAHINDRA & MAHINDRA LTD. and Ford Motor Company announced that they had enhanced their collaboration with the finalization of two new agreements. The agreements pertaining to sharing of powertrains will focus on MAHINDRA & MAHINDRA LTD. developing and providing engine compliant according to the environmental regulations set forth by the government of India
- In December 2017, Delphi Technologies announced that they had spun off from Delphi Automotive for the establishment of their company as an independent provider of powertrain systems and solutions for vehicle manufacturers, and also aftermarket consumers. This strategic decision will allow greater focus of the organizations on the company’s core systems
Competitive Analysis:
Global powertrain market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of powertrain market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
Key Insights in the report:
- Complete and distinct analysis of the market drivers and restraints
- Key market players involved in this industry
- Detailed analysis of the market segmentation
- Competitive analysis of the key players involved
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