Automotive Powertrain - Get Complete Study
Automotive powertrain delivers power to the vehicle with the help of multiple components working together. Power is generated by engine and then transferred to axles through transmission. Powertrain components consist of engine, transmission, differentials, and driveshaft. In a wider sense, the powertrain includes all of the components used to transform stored energy into kinetic energy for propulsion purposes. Powertrain is a vital in vehicle operation as without it, the vehicle could experience a breakdown. With rise in production of vehicles, the automotive powertrain market is increasing significantly.
The rising demand for high-performance vehicles is driving the automotive powertrain market growth. Additionally, the growing trend for engine downsizing to reduce fuel efficiency and emission is expected to increase the sales of automotive powertrain. Likewise, stringent emission norms in various countries have propelled the demand for superior powertrain. Moreover, the need for enhanced driving dynamics is driving the market growth. However, high cost associated for sustainable powertrain system is hampering the market growth. Furthermore, high demand for four-wheel drive is proliferating market growth.
In the 4WD (Four-wheel drive), the engine sends power to the transmission, which is then split into the front and wheel axles. The torque gets transferred to the all wheels simultaneously. 4WD is highly advantageous on off-road driving. Additionally, has greater torque which can pull heavy loads at slow speeds. Moreover, when the roads are muddy, the 4WD is extremely effective. Most luxury SUVs are equipped with 4WD nowadays.
Top Companies -
Toyota Motor , Hyundai Motor , ZF Friedrichshafen AG, JTEKT , Volkswagen AG, Ford Motor, GKN PLC, Aisin Seiki, General Motors , Borgwarner. |
Key benefits of the report:
- This study presents the analytical depiction of the automotive powertrain industry along with the current trends and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the market share.
- The current market is quantitatively analyzed from 2020 to 2027 to highlight the market growth scenario.
- Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
- The report provides a detailed automotive powertrain market analysis based on competitive intensity and how the competition will take shape in coming years.
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