Market Research Analysis Automotive Powertrain Market - Industry Insights | Page 2

Currently gasoline vehicles score over diesel ones but are fast losing out because of high priced gasoline which is
becoming dearer as compared to diesel oil. This is leading to manufacturers going in for hybrid powertrains to reduce
fuel consumption in vehicles. Segmentation of automotive powertrain market by position includes FWD, RWD and
AWD. By vehicle type, segmentation of the market includes passenger car, LCV and HCV.
By engine type, automotive powertrain market includes gasoline and diesel. By regions, segmentation of automotive
powertrain market includes North America, Europe, Asia- Pacific, MEA and Latin America. Germany is expected to be
largest market for power trains in the European region. U.S ranks high in North America with Mexico and Canada
trailing. U.S is largest market both by volume and value in automotive powertrain market.
Transmission and related parts accounted for little less than half of entire share of regional after sales market
powertrain demand in 2016 while engine and drive train components touched smaller share of automotive drive train
sales market. European economy is showing signs of revival after the market slump not so long ago which also saw
automobile industry slowing down but with stringent government norms regarding fuel efficiency, turbochargers are
showing the way around. Fuel efficiency is on the rise once again and market for automotive powertrain market is
witnessing stable growth.
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Furthermore, growth due to combustion control technology applied to I.C engines will add to growth in automotive
powertrain market. A need to make driving more enhanced by incorporating combustion control features in vehicles
has added to further growth in automotive powertrain market. Emerging economies in a quest for meeting higher
technology demands are installing updated technology in automobiles leveraging growth in automotive powertrain
market. Increased expenditure, high demand for automobiles and upgradation of automobiles are expected to be
boosters to growth in automotive powertrain market. The key industry players in automotive powertrain market
include Ford Motor Company, GKN PLC, Toyota Motor Corporation, TJTEKT Corporation, AISIN SEIKI LTD., General
Motors Company Ltd., Volkswagen AG, Hyundai Motor Corporation, ZF Freidrichschaffen AG and Borgwarner, Inc.
Market Segment:
Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million
USD), market share and growth rate of Automotive Powertrain in these regions, from 2013 to 2025 (forecast),
covering
• United States
• EU
• China