Quick Summary:
In the fast-evolving Auto Industry, the intricate study of the global Automotive Powertrain Market is indispensable for any decision-maker keen on maintaining a competitive edge. This timely and comprehensive report delivers a critical perspective that incorporates current market dynamics, innovation, and the pivotal role of regions like the U.S. and China.
Discerning the promising growth segments such as the All-Wheel Drive (AWD) along with changing geographical dynamics underpins the strategic decision-making process. Additionally, this report encompasses and contextualizes the analysis of critical players in the industry including Ford Motor Company and Volkswagen AG. Take advantage of this report's insights to leverage the expected growth, forecasted to reach US$ 1.6 Trillion by 2030. The sizeable investment of knowledge in this report will certainly return valuable dividends for you and your business.
Global Automotive Powertrain Market to Reach $1.6 Trillion by 2030
The global market for Automotive Powertrain estimated at US$752.3 Billion in the year 2022, is projected to reach a revised size of US$1.6 Trillion by 2030, growing at a CAGR of 9.6% over the analysis period 2022-2030. All-Wheel Drive (AWD), one of the segments analyzed in the report, is projected to record a 10.8% CAGR and reach US$351.3 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Front-Wheel Drive (FWD) segment is readjusted to a revised 9.6% CAGR for the next 8-year period.
The U.S. Market is Estimated at $205 Billion, While China is Forecast to Grow at 13.5% CAGR
The Automotive Powertrain market in the U.S. is estimated at US$205 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$348.4 Billion by the year 2030 trailing a CAGR of 13.5% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 6.9% and 7.7% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 7.5% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$226.3 Billion by the year 2030.Select Competitors (Total 13 Featured) -
- Aisin Seiki Co., Ltd.
- BorgWarner, Inc.
- Ford Motor Company
- General Motors Company
- Hyundai Motor Company
- JTEKT Corporation
- Toyota Motor Corporation
- Volkswagen AG
- ZF Friedrichshafen AG
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
What is the estimated value of the Global Market for Automotive Powertrain?
What is the growth rate of the Global Market for Automotive Powertrain?
What is the forecasted size of the Global Market for Automotive Powertrain?
Who are the key companies in the Global Market for Automotive Powertrain?
| Report Attribute | Details |
|---|---|
| No. of Pages | 114 |
| Published | December 2023 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value ( USD | $ 752.3 Billion |
| Forecasted Market Value ( USD | $ 1600 Billion |
| Compound Annual Growth Rate | 9.9% |
| Regions Covered | Global |
Table of Contents
Companies Mentioned
A selection of companies mentioned in this report includes:
- Aisin Seiki Co., Ltd.
- BorgWarner, Inc.
- Ford Motor Company
- General Motors Company
- Hyundai Motor Company
- JTEKT Corporation
- Toyota Motor Corporation
- Volkswagen AG
- ZF Friedrichshafen AG
