Global Automotive Powertrain Systems Market (2023-2028) Competitive Analysis, Impact of Covid-19, Ansoff Analysis

Electrification of Powertrains and Development of Hybrid Powertrain Solutions Shape the Future of the Automotive Powertrain Systems Market

• Automotive powertrain systems are a crucial component of modern vehicles. They are responsible for converting the power generated by the engine into the force required to move the wheels of the vehicle. The powertrain system consists of various components such as the engine, transmission, drivetrain, and other components that are essential for the movement of the vehicle. The powertrain system's primary function is to transfer power from the engine to the wheels while maintaining the required speed and torque. The engine generates power that is transmitted to the transmission, which controls the speed and torque.
• The drivetrain then transfers the power to the wheels, which move the vehicle. Over the years, automotive powertrain systems have evolved significantly. Today's powertrain systems are more efficient, eco-friendly, and reliable than ever before. Advancements in technology have led to the development of hybrid and electric powertrains, which are becoming increasingly popular due to their fuel efficiency and low emissions. The global automotive powertrain systems market is expected to grow significantly in the coming years, driven by the increasing demand for fuel-efficient vehicles, the rising demand for electric and hybrid vehicles, and stringent government regulations on emissions. Automotive manufacturers are investing heavily in developing powertrain systems that can improve fuel efficiency while maintaining vehicle performance.

Market Segmentations

• The Global Automotive Powertrain Systems Market is segmented based on Product Type, Fuel Type, Technology, Degree of Hybridization, Applications, and Geography.
• By Product Type, the automotive powertrain systems market is segmented based on product type, which includes engine, transmission, drivetrain, and others. The engine is the core component of the powertrain system, providing the power to move the vehicle. The transmission is responsible for transferring power from the engine to the drivetrain, which in turn transfers power to the wheels. Other components may include exhaust systems, cooling systems, and others.
• By Fuel Type, the automotive powertrain systems market is segmented based on fuel type, which includes gasoline, diesel, electric, and others. Gasoline and diesel engines are the traditional forms of power for vehicles, while electric powertrains are becoming increasingly popular due to their efficiency and low emissions.
• By Technology, the automotive powertrain systems market is segmented based on technology type, which includes manual, automatic, and semi-automatic. Manual transmissions require the driver to manually shift gears, while automatic transmissions shift gears automatically. Semi-automatic transmissions are a combination of manual and automatic transmissions.
• By Degree Of Hybridization, the automotive powertrain systems market is segmented based on the degree of hybridization, which includes mild hybrids, full hybrids, and plug-in hybrids. Mild hybrids have a small electric motor that assists the engine, while full hybrids have larger electric motors and can operate on electric power alone. Plug-in hybrids have larger battery packs and can be charged from an external power source.
• By Applications, the market is classified into Personal Transport, Corporate, Government, Tourism, and Healthcare. The personal transport segment has had the largest market share in the Automotive Powertrain Systems market. This is because personal transport is the most common use case for Automotive Powertrain Systems, as individuals use vehicles to commute to work or school, run errands, and travel for leisure.
• By Geography, the market is classified into the Americas, EMEA, and APAC. Americas and Europe have traditionally been the largest markets for automotive powertrain systems, due to the high demand for performance vehicles in these regions. However, Asia Pacific is expected to emerge as the fastest-growing market in the coming years, as the region experiences strong economic growth and rising consumer incomes.

Recent Development

• Valeo and Omega Seiki Mobility (OSM) entered an MoU for Valeo to supply electric powertrains to the OSM's vehicle range for a 3-wheeler commercial vehicle range in India. The MoU aimed to enhance the performance, efficiency, and sustainability of the OSM's vehicles. - July 2021.
• Volvo Cars and Geely Automotive announced a strategic partnership and created a joint venture, 'Aurobay', to develop and supply powertrains. The joint venture would focus on internal combustion engines, transmissions, and hybrid solutions for Volvo Cars, Geely Auto, Lynk & Co, LEVC, Lotus, Proton, and other automotive brands. - July 2021.

Company Profiles

Countries Studied

• America (Argentina, Brazil, Canada, Chile, Colombia, Mexico, Peru, United States, Rest of the Americas)
• Europe (Austria, Belgium, Denmark, Finland, France, Germany, Ireland, Italy, Luxembourg, Netherlands, Norway, Poland, Russia, Spain, Sweden, Switzerland, United Kingdom, Rest of Europe)
• Middle-East and Africa (Egypt, Israel, Nigeria, Qatar, Saudi Arabia, South Africa, United Arab Emirates, and the Rest of MEA)
• Asia-Pacific (Australia, Bangladesh, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Sri Lanka, Thailand, Taiwan, Rest of Asia-Pacific)

Competitive Quadrant

Ansoff Analysis

• The report presents a detailed Ansoff matrix analysis for the Global Automotive Powertrain Systems Market. Ansoff Matrix, also known as Product/Market Expansion Grid, is a strategic tool used to design strategies for the growth of the company. The matrix can be used to evaluate approaches in four strategies viz. Market Development, Market Penetration, Product Development, and Diversification. The matrix is also used for risk analysis to understand the risk involved with each approach.
• The publisher analyses the Global Automotive Powertrain Systems Market using the Ansoff Matrix to provide the best approaches a company can take to improve its market position.
• Based on the SWOT analysis conducted on the industry and industry players, the publisher has devised suitable strategies for market growth.

Why buy this report?

• The report offers a comprehensive evaluation of the Global Automotive Powertrain Systems Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
• The research report also provides a detailed market size analysis and projections in volume and value terms. The projections are calculated using verified research methodologies.
• Excel data sheet for the market size will also be provided with the report.
• The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
• The report includes an in-depth market analysis using Porter’s 5 forces model, PESTLE Analysis, and the Ansoff Matrix. In addition, the impact of COVID-19 on the market is also featured in the report.
• The report includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
• The report includes Self-Assessment Form, which helps customers evaluate their position in the market compared to their competitors.
• The report offers customized research - tailored uniquely to our customers with a quick turnaround time. We offer a 15% customization option at no extra charge to all our clients for any of our syndicated reports.

Report Highlights:

• A complete analysis of the market, including the parent industry
• Important market dynamics and trends
• Impact Analysis - a comprehensive assessment to confront risk and make strategic & operational decisions to counter the changes in the market environment
• Market segmentation
• Competitive Analysis: Comparative analysis of competitor
• Historical, current, and projected size of the market based on value and volume
• Market size of the US states
• Market shares and strategies of key players
• Recommendations to companies for strengthening their foothold in the market