Global Automotive Electric Drivetrain System Market Competitive Landscape:
The key players in the global automotive electric drivetrain system market include Aisin Seiki Co., Ltd. (Japan), American Axle & Manufacturing, Inc. (USA), AVTEC LTD (India), AxleTech International SAS (USA), BorgWarner Inc. (USA), Dana Holding Corporation (USA), Delphi Automotive LLP (UK), GKN PLC (USA), JTEKT Corporation (Japan), Magna International Inc. (Canada), Magtec (UK), Parker Hannifin Corp (USA), Punch Powertrain Nv (Belgium), TM4 (Canada), and Visedo (Finland).
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Global Automotive Electric Drivetrain System Market Highlights:
Global Automotive Electric Drivetrain System Market Growth is attributed to factors such as stringent government regulations for emission. Other factors helping the market growth include a rise in the sales of electrically driven vehicle and increased fuel efficiency of vehicles.
The automotive drivetrain is the vehicle component that includes axles, CV joints, drive shafts, wheel, U Joints, and transmission. All the parts of the drivetrain provide transmission so as to move the wheels of the vehicle forward. Market Research Future (MRFR) has published a research report on the global automotive electric drivetrain system market that concludes proliferation for this market at 5.98% CAGR (Compound Annual Growth Rate) during a forecast period that would end in 2023. By value, the market has been figured to be worth the US $ 256 bn by the end of the forecast period.
Regional Analysis:
The regional segmentation of the global automotive electric drivetrain system market has segmented the market into regional markets known as Asia Pacific, North America, Europe, and the rest of the world (RoW). During the forecast period, the Asia Pacific region is expected to dominate the global market due to the increase in vehicle production. In the Asia Pacific region, the front wheel vehicle segment has the highest market share because front wheel drive can provide better fuel efficiency and performance. In this region, the front wheel drive exists mainly in the passenger cars that are driven by families. Automotive manufacturers are developing different technologies to provide better efficiency in all-wheel-drive (AWD) as this segment can get a huge market in China and India due to the introduction of compact crossovers. Due to technological advancement, Japan is another important country-specific market, followed by the remaining countries of the Asia Pacific region.
Europe is the second most significant regional market because, in this region, many automotive manufacturers are working to develop cutting-edge electric, hybrid, and fuel cell technology for vehicles in order to provide better efficiency that can lead to market growth. The prominent country-specific markets in this region are France, Germany, Spain, and the UK, followed by the remaining countries of Europe.
North America is another important regional market due to the presence of many key market players. The established automotive sector is also contributing to the market growth in this region, especially in the USA. After the USA, Canada is the most important country-specific market in this region.
Market Segments Analysis:
The global automotive electric drivetrain system market segmentation has segmented the market into types, electric drivetrain types, vehicle type, and lastly region. By types, this market has been segmented into an all-wheel drive (AWD), front wheel drive, and rear wheel drive. Based on electric vehicle drivetrain types, the market has been segmented into battery electric vehicle (BEV), hybrid electric vehicle (HEV), and plug-in hybrid electric vehicle (PHEV). Regarding vehicle type, the market has been segmented into the passenger vehicle and commercial vehicle. The passenger vehicle is used for traveling. The commercial vehicle is used for transferring goods from one place to another for business purposes.
Latest Industry News
Toyota has decided to make roughly 23,740 electrified vehicle patents available for royalty-free use until the end of 2030. 3 APR 2019
Owned by India’s Mahindra Group and infused with Pininfarina design house DNA, the first Automobili Pininfarina has been introduced in the Geneva International Motor Show, earlier this week. 5 MAR 2019
Table Of Contents:
1 Executive Summary
2 Scope Of The Report
2.1 Market Definition
2.2 Scope Of The Study
2.2.1 Definition
2.2.2 Research Objective
2.2.3 Assumptions
2.2.4 Limitations
2.3 Research Process
2.3.1 Primary Research
2.3.2 Secondary Research
2.4 Market Size Estimation
2.5 Forecast Model
3 Market Landscape
3.1 Porter’s Five Forces Analysis
3.1.1 Threat Of New Entrants
3.1.2 Bargaining Power Of Buyers
3.1.3 Threat Of Substitutes
3.1.4 Segment Rivalry
3.1.5 Bargaining Power Of Buyers
3.2 Value Chain/Supply Chain Analysis
4 Market Dynamics
4.1 Introduction
4.2 Market Drivers
4.3 Market Restraints
4.4 Market Opportunities
4.5 Market Trends
Continued…
List Of Tables:
TABLE 1 GLOBAL AUTOMOTIVE ELECTRIC DRIVETRAIN SYSTEM MARKET: BY REGION, 2017-2023
TABLE 2 NORTH AMERICA AUTOMOTIVE ELECTRIC DRIVETRAIN SYSTEM MARKET: BY COUNTRY, 2017-2023
TABLE 3 EUROPE AUTOMOTIVE ELECTRIC DRIVETRAIN SYSTEM MARKET: BY COUNTRY, 2017-2023
TABLE 4 ASIA PACIFIC AUTOMOTIVE ELECTRIC DRIVETRAIN SYSTEM MARKET: BY COUNTRY, 2017-2023
TABLE 5 ROW AUTOMOTIVE ELECTRIC DRIVETRAIN SYSTEM MARKET: BY COUNTRY, 2017-2023
TABLE 6 GLOBAL AUTOMOTIVE ELECTRIC DRIVETRAIN SYSTEM MARKET, BY POSITION, BY REGIONS, 2017-2023
Continued…
List Of Figures:
FIGURE 1 RESEARCH PROCESS OF MRFR
FIGURE 2 TOP DOWN & BOTTOM UP APPROACH
FIGURE 3 MARKET DYNAMICS
FIGURE 4 IMPACT ANALYSIS: MARKET DRIVERS
FIGURE 5 IMPACT ANALYSIS: MARKET RESTRAINTS
FIGURE 6 PORTER’S FIVE FORCES ANALYSIS
FIGURE 7 VALUE CHAIN ANALYSIS
FIGURE 8 GLOBAL AUTOMOTIVE ELECTRIC DRIVETRAIN SYSTEM MARKET SHARE, BY POSITION, 2016 (%)
FIGURE 9 GLOBAL AUTOMOTIVE ELECTRIC DRIVETRAIN SYSTEM MARKET, BY POSITION, 2015-2023 (USD MILLION)
FIGURE 10 GLOBAL AUTOMOTIVE ELECTRIC DRIVETRAIN SYSTEM MARKET SHARE, BY TYPE, 2016 (%)
Continued…
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