Description
[141 Pages Report] The powertrain of any vehicle defines its performance, comfort, and safety. The engine and transmission are considered to be the major components of a powertrain, and other key components include the clutch/torque converter, drive shaft/propeller shaft, differential, and axles. Currently, gasoline powertrains are the most widely adopted, and are expected to be replaced by diesel ones as the difference between the prices of gasoline and diesel is increasing. As a result of this, powertrain system/components manufacturers have been adopting hybrid powertrains to reduce fuel usage in vehicles.
The major factors driving the demand for the passenger powertrain market are the rising demand for automated transmission and the growing trend of engine downsizing as it can reduce fuel consumption and emissions, at the same time providing the required performance of a larger engine. Increasing vehicle production is also one of driving factors for the growth of the automotive powertrain market.
This report classifies and defines the automotive powertrain market in terms of volume and value. This report provides comprehensive analysis and insights (qualitative and quantitative) on the vehicle powertrain market. It highlights potential growth opportunities in the coming years as well as covers a review of the market drivers, restraints, growth indicators, challenges, competitive landscape, and other key aspects related to the automotive powertrain market. The key players in the market have also been identified and profiled.
Scope of the Report
This report covers the automotive powertrain market in terms of volume and value. The market size in terms of volume is provided from 2012 to 2019 in thousand units (‘000 units), whereas the value is provided in USD Million ($Million). The market is broadly classified by vehicle type (Passenger Car, Light Commercial Vehicle, Heavy Commercial Vehicle), by position (All-wheel Drive, Front-wheel Drive), by engine type (gasoline and diesel), and by region (Asia-Oceania, Europe, North America, and RoW) focusing on key countries.
Source: https://www.marketsandmarkets.com, Automotive Powertrain Market https://www.marketsandmarkets.com/Market-Reports/automotive-powertrain-market-248881003.html
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