Global Automotive Powertrain Market, By Vehicle Type (Passenger Cars, Light Commercial Vehicles and Heavy Commercial Vehicles), By Drive Type (Front-Wheel Drive Powertrain, Rear-Wheel Drive (Rwd) Powertrain and All-Wheel Drive (Awd) Powertrain), By Type (Gasoline and Diesel), By Company and By Geography, Forecast & Opportunities, 2028
Published Date: April - 2025 | Publisher: MIR | No of Pages: 320 | Industry: Automotive | Format: Report available in PDF / Excel Format
View Details Buy Now 2890 Download Sample Ask for Discount Request CustomizationGlobal Automotive Powertrain Market size
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Global automotive powertrain market is projected to reach USD 662 Billion by 2028, growing at a CAGR of over 7% during 2024-2028.
The stringent emission norms, rising demand for automated transmission and growing trend of downsizing engines are the key factors driving the automotive powertrain market, globally.
Global automotive powertrain market is segmented based on vehicle, drive, type and region. Based on vehicle type, the passenger cars segment is anticipated to hold the dominant share, followed by light commercial vehicles and heavy commercial vehicles until 2028 due to increasing demand for comfort, growing demand for safety and increasing need for better acceleration in vehicles.
Based on type, gasoline engines dominated the market in 2022 and the segment is projected to witness growth through 2028 as well. This is due to the increasing difference in diesel and gasoline prices and growing demand for gasoline-based engines.
Regionally, the Asia Pacific region holds the largest market share in automotive powertrain market in terms of value due to increasing population, growing purchasing power and increasing number of vehicle production & sales.
key players
Hyundai Motor Company,
Toyota Motor Corporation
GKN PLC
ZF Friedrichshafen AG.
Objective of the Study
- To analyse and forecast the market size of Automotive Powertrain Market, in terms of value and volume
- To classify and forecast Global Automotive Powertrain Market based on vehicle type, drive type, type and regional distribution.
- To identify drivers and challenges for Global Automotive Powertrain Market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in Global Automotive Powertrain Market.
- To conduct the pricing analysis for Automotive Powertrain Market.
- To identify and analyse the profile of leading players involved in the manufacturing of Global Automotive Powertrain Market.
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Market Insights Research performed both primary as well as exhaustive secondary research for this study. Initially, Market Insights Research sourced a list of manufacturers across the globe. Subsequently, Market Insights Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, Market Insights Research could include the suppliers which could not be identified due to the limitations of secondary research. Market Insights Research analysed the service offerings, distribution channels and presence of all major collaboration manufacturer across the globe.
Key Target Audience
- Manufacturers of Automotive Powertrain
- Automotive OEMs
- Raw material suppliers
- Traders, Distributors, and Suppliers
- Industry associations and experts
- Research organizations and consulting companies.
- Research Institutes
- Industry associations
- Market research and consulting firm.
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as collaboration manufacturer and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
|
Attribute |
Details |
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Base Year |
2022 |
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Historical Data |
2018 – 2021 |
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Estimated Year |
2023 |
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Forecast Period |
2024 – 2028 |
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Quantitative Units |
Revenue in USD Million, Volume in Units and CAGR for 2018-2022 and 2023E-2028F |
|
Report coverage |
Revenue forecast, volume forecast, company share, competitive landscape, growth factors, and trends |
|
Segments covered |
· Vehicle Type · Drive Type · Type |
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Regional scope |
North America; Europe; Asia Pacific; South America; Middle East & Africa |
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Country scope |
United States, Mexico, Canada, China, India, Japan, South Korea, Australia; Singapore; Malaysia; Germany, France, United Kingdom, Spain, Italy, South Africa, UAE, Saudi Arabia, Qatar; Brazil, Argentina, Colombia; |
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Key companies profiled |
Aisin Seiki Co. Ltd., General Motors Company, Borgwarner Inc., Ford Motor Company, Jtekt Corporation, Hyundai Motor Company, Toyota Motor Corporation, GKN PLC, ZF Friedrichshafen AG. |
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Customization scope |
10% free report customization with purchase. Addition or alteration to country, regional & segment scope. |
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Pricing and purchase options |
Avail customized purchase options to meet your exact research needs. Explore purchase options |
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Delivery Format |
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
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