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Automotive Multi-Wheel Drive Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

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    Report

  • 112 Pages
  • January 2022
  • Region: Global
  • IMARC Group
  • ID: 5530468
The global automotive multi-wheel drive market reached a volume of 15.2 Million Units in 2021. Looking forward, the publisher expects the market to reach 20.4 Million Units by 2027, exhibiting a CAGR of 4.8% during 2022-2027. Keeping in mind the uncertainties of COVID-19, they are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor



An automotive multi-wheel drive, also known as an all-wheel drive or (AWD), is a type of automobile in which all the wheels receive equal torque from the engine. It includes vehicles that have four or more than four wheels such as SUVs, trucks, commercial lorries and luxury cars. Generally, in vehicles with two-wheel drive, the engine can supply power to either the front wheels or the rear wheels at a single point of time. Whereas, in all-wheel or multi-wheel drives, all the wheels of a vehicle operate simultaneously in order to provide better traction and handling during adverse weather conditions. They are also considered ideal for rough terrains like snow, ice, mud, off-road and sand, as these drives prevent slipping and help propelling the vehicle forward. Moreover, multi-wheel drives also enable the engines to distribute the weight in a more efficient manner

Market Trends:

Increasing awareness among consumers regarding their safety while driving has catalyzed the demand for various advanced in-built safety features such as multi-wheel drive. In addition, to improve the traction and control over the vehicle, most luxury and sports cars are installed with multi-wheel drive systems. A shift in consumer preferences towards comfort and luxury driving with enhanced driving dynamics is further expected to augment the overall demand for luxury cars, SUVs and other sports vehicles across Europe and Asia

Key Market Segmentation:

The publisher provides an analysis of the key trends in each sub-segment of the global automotive multi-wheel drive market, along with forecasts at the global and regional level from 2022-2027. Our report has categorized the market based on vehicle type, transmission type and wheel drive type

Breakup by Vehicle Type:

  • Passenger Cars
  • Light Commercial Vehicles
  • Heavy Commercial Vehicles

Based on the vehicle type, the market has been segmented into passenger cars, light commercial vehicles and heavy commercial vehicles. Amongst these, passenger cars currently represent the biggest segment

Breakup by Transmission Type:

  • Manual MWD
  • Automatic MWD

Based on the transmission type, the market has been segregated as manual MWD and automatic MWD. Currently, manual MWD represents the leading segment

Breakup by Wheel Drive Type:

Front-wheel Drive (FWD)
Rear-wheel Drive (RWD)
Four-wheel Drive (4WD)/All-wheel Drive (AWD)

Based on wheel drive type, the market is categorized as front-wheel drive (FWD), rear-wheel drive (RWD) and four-wheel drive (4WD)/all-wheel drive (AWD)

Breakup by Region:

  • North America
  • Asia-Pacific
  • Europe
  • Latin America
  • Middle East and Africa

Region-wise, the report has analyzed Asia Pacific, North America, Europe, Middle East and Africa, and Latin America

Competitive Landscape:

The competitive landscape of the market has also been examined with some of the key players being Borg Warner Inc, Continental AG, ZF Friedrichshafen AG, JTEKT Corporation, Magna International Inc., American Axle & Manufacturing Inc., Eaton Corporation Inc., GKN Plc, Dana Incorporated, Oerlikon Group and Mitsubishi Motors Corporation

Key Question Answered in this Report

1. What was the size of the global automotive multi-wheel drive market in 2021?
2. What is the expected growth rate of the global automotive multi-wheel drive market during 2022-2027?
3. What are the key drivers driving the global automotive multi-wheel drive market?
4. What has been the impact of COVID-19 on the global automotive multi-wheel drive market?
5. What is the breakup of global automotive multi-wheel drive market based on the vehicle type?
6. What is the breakup of global automotive multi-wheel drive market based on the transmission type?
7. What are the key regions in the global automotive multi-wheel drive market?
8. Who are the key players/companies in the global automotive multi-wheel drive market?

Table of Contents

1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Automotive Multi Wheel Drive Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Breakup by Vehicle Type
5.5 Market Breakup by Transmission Type
5.6 Market Breakup by Wheel Drive Type
5.7 Market Breakup by Region
5.8 Market Forecast
6 Market Breakup by Vehicle Type
6.1 Passenger Cars
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Light Commercial Vehicles
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Heavy Commercial Vehicles
6.3.1 Market Trends
6.3.2 Market Forecast
7 Market Breakup by Transmission Type
7.1 Manual MWD
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Automatic MWD
7.2.1 Market Trends
7.2.2 Market Forecast
8 Market Breakup by Wheel Drive Type
8.1 Front-wheel Drive (FWD)
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Rear-wheel Drive (RWD)
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Four-wheel Drive (4WD)/All-wheel Drive (AWD)
8.3.1 Market Trends
8.3.2 Market Forecast
9 Market Breakup by Region
9.1 Asia Pacific
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 North America
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 Europe
9.3.1 Market Trends
9.3.2 Market Forecast
9.4 Middle East and Africa
9.4.1 Market Trends
9.4.2 Market Forecast
9.5 Latin America
9.5.1 Market Trends
9.5.2 Market Forecast
10 Global Automotive Multi Wheel Drive Industry: SWOT Analysis
10.1 Overview
10.2 Strengths
10.3 Weaknesses
10.4 Opportunities
10.5 Threats
11 Global Automotive Multi Wheel Drive Industry: Value Chain Analysis
11.1 Overview
11.2 Research and Development
11.3 Raw Material Procurement
11.4 Manufacturing
11.5 Marketing
11.6 Distribution
11.7 End-Use
12 Global Automotive Multi Wheel Drive Industry: Porters Five Forces Analysis
12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Competition
12.5 Threat of New Entrants
12.6 Threat of Substitutes
13 Global Automotive Multi Wheel Drive Industry: Price Analysis
13.1 Price Indicators
13.2 Price Structure
13.3 Margin Analysis
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
14.3.1 Borg Warner Inc
14.3.2 Continental AG
14.3.3 ZF Friedrichshafen AG
14.3.4 JTEKT Corporation
14.3.5 Magna International Inc.
14.3.6 American Axle & Manufacturing Inc.
14.3.7 Eaton Corporation Inc.
14.3.8 GKN Plc
14.3.9 Dana Incorporated
14.3.10 Oerlikon Group
14.3.11 Mitsubishi Motors Corporation
List of Figures
Figure 1: Global: Automotive Multi Wheel Drive Market: Major Drivers and Challenges
Figure 2: Global: Automotive Multi Wheel Drive Market: Sales Volume (in Million Units), 2016-2021
Figure 3: Global: Automotive Multi Wheel Drive Market: Breakup by Vehicle Type (in %), 2021
Figure 4: Global: Automotive Multi Wheel Drive Market: Breakup by Transmission Type (in %), 2021
Figure 5: Global: Automotive Multi Wheel Drive Market: Breakup by Wheel Drive Type (in %), 2021
Figure 6: Global: Automotive Multi Wheel Drive Market: Breakup by Region (in %), 2021
Figure 7: Global: Automotive Multi Wheel Drive Market Forecast: Sales Volume (in Million Units), 2022-2027
Figure 8: Global: Automotive Multi Wheel Drive Industry: SWOT Analysis
Figure 9: Global: Automotive Multi Wheel Drive Industry: Value Chain Analysis
Figure 10: Global: Automotive Multi Wheel Drive Industry: Porter’s Five Forces Analysis
Figure 11: Global: Automotive Multi Wheel Drive (Passenger Cars) Market: Sales Volume (in Million Units), 2016 & 2021
Figure 12: Global: Automotive Multi Wheel Drive (Passenger Cars) Market Forecast: Sales Volume (in Million Units), 2022-2027
Figure 13: Global: Automotive Multi Wheel Drive (Light Commercial Vehicles) Market: Sales Volume (in Million Units), 2016 & 2021
Figure 14: Global: Automotive Multi Wheel Drive (Light Commercial Vehicles) Market Forecast: Sales Volume (in Million Units), 2022-2027
Figure 15: Global: Automotive Multi Wheel Drive (Heavy Commercial Vehicles) Market: Sales Volume (in Million Units), 2016 & 2021
Figure 16: Global: Automotive Multi Wheel Drive (Heavy Commercial Vehicles) Market Forecast: Sales Volume (in Million Units), 2022-2027
Figure 17: Global: Automotive Multi Wheel Drive (Manual MWD) Market: Sales Volume (in Million Units), 2016 & 2021
Figure 18: Global: Automotive Multi Wheel Drive (Manual MWD) Market Forecast: Sales Volume (in Million Units), 2022-2027
Figure 19: Global: Automotive Multi Wheel Drive (Automatic MWD) Market: Sales Volume (in Million Units), 2016 & 2021
Figure 20: Global: Automotive Multi Wheel Drive (Automatic MWD) Market Forecast: Sales Volume (in Million Units), 2022-2027
Figure 21: Global: Automotive Multi Wheel Drive (Front-wheel Drive-FWD) Market: Sales Volume (in Million Units), 2016 & 2021
Figure 22: Global: Automotive Multi Wheel Drive (Front-wheel Drive-FWD) Market Forecast: Sales Volume (in Million Units), 2022-2027
Figure 23: Global: Automotive Multi Wheel Drive (Rear-wheel Drive-RWD) Market: Sales Volume (in Million Units), 2016 & 2021
Figure 24: Global: Automotive Multi Wheel Drive (Rear-wheel Drive-RWD) Market Forecast: Sales Volume (in Million Units), 2022-2027
Figure 25: Global: Automotive Multi Wheel Drive (Four-wheel Drive-4WD/All-wheel Drive-AWD) Market: Sales Volume (in Million Units), 2016 & 2021
Figure 26: Global: Automotive Multi Wheel Drive (Four-wheel Drive-4WD/All-wheel Drive-AWD) Market Forecast: Sales Volume (in Million Units), 2022-2027
Figure 27: Asia Pacific: Automotive Multi Wheel Drive Market: Sales Volume (in Million Units), 2016 & 2021
Figure 28: Asia Pacific: Automotive Multi Wheel Drive Market Forecast: Sales Volume (in Million Units), 2022-2027
Figure 29: North America: Automotive Multi Wheel Drive Market: Sales Volume (in Million Units), 2016 & 2021
Figure 30: North America: Automotive Multi Wheel Drive Market Forecast: Sales Volume (in Million Units), 2022-2027
Figure 31: Europe: Automotive Multi Wheel Drive Market: Sales Volume (in Million Units), 2016 & 2021
Figure 32: Europe: Automotive Multi Wheel Drive Market Forecast: Sales Volume (in Million Units), 2022-2027
Figure 33: Middle East and Africa: Automotive Multi Wheel Drive Market: Sales Volume (in Million Units), 2016 & 2021
Figure 34: Middle East and Africa: Automotive Multi Wheel Drive Market Forecast: Sales Volume (in Million Units), 2022-2027
Figure 35: Latin America: Automotive Multi Wheel Drive Market: Sales Volume (in Million Units), 2016 & 2021
Figure 36: Latin America: Automotive Multi Wheel Drive Market Forecast: Sales Volume (in Million Units), 2022-2027
List of Tables
Table 1: Global: Automotive Multi Wheel Drive Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Automotive Multi Wheel Drive Market Forecast: Breakup by Vehicle Type (in Million Units), 2022-2027
Table 3: Global: Automotive Multi Wheel Drive Market Forecast: Breakup by Transmission Type (in Million Units), 2022-2027
Table 4: Global: Automotive Multi Wheel Drive Market Forecast: Breakup by Wheel Drive Type (in Million Units), 2022-2027
Table 5: Global: Automotive Multi Wheel Drive Market Forecast: Breakup by Region (in Million Units), 2022-2027
Table 6: Global: Automotive Multi Wheel Drive Market Structure
Table 7: Global: Automotive Multi Wheel Drive Market: Key Players

Companies Mentioned

  • Borg Warner Inc
  • Continental AG
  • ZF Friedrichshafen AG
  • JTEKT Corporation
  • Magna International Inc.
  • American Axle & Manufacturing Inc.
  • Eaton Corporation Inc.
  • GKN Plc
  • Dana Incorporated
  • Oerlikon Group
  • Mitsubishi Motors Corporation.

Methodology

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