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Press Release:

Global Automotive Drivetrain Market to Grow at 6.4% During 2022-2027, Impelled by the Expanding Automotive Industry

COVID-19
The pandemic continues to cause unprecedented disruption across industries worldwide.
Get detailed insights regarding the impact of COVID-19 on the market.

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

Market Overview:

The global automotive drivetrain market size reached US$ 187.2 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 272.4 Billion by 2027, exhibiting a growth rate (CAGR) of 6.4% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we 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 drivetrain refers to an assembly of multiple components that transmit power or torque to the driving wheel of the vehicle. It consists of a driveshaft, transmission or gearbox, universal (U) joints, constant velocity (CV) joints, wheels and axles. The draft shaft is an extended tubular steel component, which is linked to the gearbox of the vehicle and aids in the rotary movement of the wheels. The joints transmit power to the wheels and facilitate their movement in varying angles and the axles transfer power from the final drive assembly to the wheels. As a result, the drivetrain is a crucial component in manual transmission, automatic transmission, front-wheel drive and four-wheel drive cars and off-lead vehicles.

 

 
 

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The growing automotive industry across the globe represents one of the key factors driving the market growth. Furthermore, the increasing adoption of hybrid and electric vehicles (H/EVs) is also augmenting the market growth. Automobile manufacturers are widely integrating high-quality drivetrains in the vehicles to provide enhanced comfort and safety to the passengers. The drivetrains are also used for varying the amount of torque delivered to the engine, thereby providing increased acceleration, traction and towing capabilities. In line with this, the rising demand for lightweight driveshafts for enhanced fuel efficiencies, is also contributing to the market growth. Various technological innovations, such as the development of all-wheel drive (AWD) for passenger cars and sports-utility vehicles (SUVs), are acting as other growth-inducing factors. Moreover, rising expenditure capacities of consumers, especially in the developing economies, along with the electrification of drivetrain components, are anticipated to drive the market further.

Key Market Segmentation:

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

Breakup by Vehicle Type:

 

 
 

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  • Passenger Cars
  • Light Commercial Vehicles
  • Heavy Commercial Vehicles
  • Others
     

Breakup by Drive Type:

  • All Wheel Drive
  • Front Wheel Drive
  • Rear Wheel Drive
     

Breakup by Region:

 

 
 

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  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Aisin Seiki Co. Ltd., American Axle & Manufacturing Inc., Borgwarner Inc., Dana Incorporated, ZF Friedrichshafen AG (9Zeppelin-Stiftung), GKN Automotive Limited (Melrose Industries), JTEKT Corporation, Magna International Inc., Schaeffler Technologies AG & Co. KG and Showa Corporation.

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Billion
Segment Coverage Vehicle Type, Drive Type, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered Aisin Seiki Co. Ltd., American Axle & Manufacturing Inc., Borgwarner Inc., Dana Incorporated, ZF Friedrichshafen AG (9Zeppelin-Stiftung), GKN Automotive Limited (Melrose Industries), JTEKT Corporation, Magna International Inc., Schaeffler Technologies AG & Co. KG and Showa Corporation
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
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Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)


Key Questions Answered in This Report:

  • How has the global automotive drivetrain market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the global automotive drivetrain market?
  • What are the key regional markets?
  • What is the breakup of the market based on the vehicle type?
  • What is the breakup of the market based on the drive type?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global automotive drivetrain market and who are the key players?
  • What is the degree of competition in the industry?

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 Drivetrain Market
    5.1   Market Overview
    5.2   Market Performance
    5.3   Impact of COVID-19
    5.4   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
    6.4   Others
        6.4.1   Market Trends
        6.4.2   Market Forecast
7   Market Breakup by Drive Type
    7.1   All Wheel Drive
        7.1.1   Market Trends
        7.1.2   Market Forecast
    7.2   Front Wheel Drive
        7.2.1   Market Trends
        7.2.2   Market Forecast
    7.3   Rear Wheel Drive
        7.3.1   Market Trends
        7.3.2   Market Forecast
8   Market Breakup by Region
    8.1   North America
        8.1.1   United States
                 8.1.1.1   Market Trends
                 8.1.1.2   Market Forecast
        8.1.2   Canada
                8.1.2.1   Market Trends
                8.1.2.2   Market Forecast
    8.2   Asia-Pacific
        8.2.1   China
                 8.2.1.1   Market Trends
                 8.2.1.2   Market Forecast
        8.2.2   Japan
                 8.2.2.1   Market Trends
                 8.2.2.2   Market Forecast
        8.2.3   India
                 8.2.3.1   Market Trends
                 8.2.3.2   Market Forecast
        8.2.4   South Korea
                 8.2.4.1   Market Trends
                 8.2.4.2   Market Forecast
        8.2.5   Australia
                 8.2.5.1   Market Trends
                 8.2.5.2   Market Forecast
        8.2.6   Indonesia
                 8.2.6.1   Market Trends
                 8.2.6.2   Market Forecast
        8.2.7   Others
                 8.2.7.1   Market Trends
                 8.2.7.2   Market Forecast
    8.3   Europe
        8.3.1   Germany
                 8.3.1.1   Market Trends
                 8.3.1.2   Market Forecast
        8.3.2   France
                 8.3.2.1   Market Trends
                 8.3.2.2   Market Forecast
        8.3.3   United Kingdom
                 8.3.3.1   Market Trends
                 8.3.3.2   Market Forecast
        8.3.4   Italy
                 8.3.4.1   Market Trends
                 8.3.4.2   Market Forecast
        8.3.5   Spain
                 8.3.5.1   Market Trends
                 8.3.5.2   Market Forecast
        8.3.6   Russia
                 8.3.6.1   Market Trends
                 8.3.6.2   Market Forecast
        8.3.7   Others
                 8.3.7.1   Market Trends
                 8.3.7.2   Market Forecast
    8.4   Latin America
        8.4.1   Brazil
                 8.4.1.1   Market Trends
                 8.4.1.2   Market Forecast
        8.4.2   Mexico
                 8.4.2.1   Market Trends
                 8.4.2.2   Market Forecast
        8.4.3   Others
                 8.4.3.1   Market Trends
                 8.4.3.2   Market Forecast
    8.5   Middle East and Africa
        8.5.1   Market Trends
        8.5.2   Market Breakup by Country
        8.5.3   Market Forecast
9   SWOT Analysis
    9.1   Overview
    9.2   Strengths
    9.3   Weaknesses
    9.4   Opportunities
    9.5   Threats
10  Value Chain Analysis
11  Porters Five Forces Analysis
    11.1   Overview
    11.2   Bargaining Power of Buyers
    11.3   Bargaining Power of Suppliers
    11.4   Degree of Competition
    11.5   Threat of New Entrants
    11.6   Threat of Substitutes
12  Price Analysis
13  Competitive Landscape
    13.1   Market Structure
    13.2   Key Players
    13.3   Profiles of Key Players
        13.3.1   Aisin Seiki Co. Ltd.
             13.3.1.1   Company Overview
             13.3.1.2   Product Portfolio
             13.3.1.3   Financials
             13.3.1.4   SWOT Analysis
        13.3.2   American Axle & Manufacturing Inc.
             13.3.2.1   Company Overview
             13.3.2.2   Product Portfolio
             13.3.2.3   Financials
             13.3.2.4   SWOT Analysis
        13.3.3   Borgwarner Inc.
             13.3.3.1   Company Overview
             13.3.3.2   Product Portfolio
             13.3.3.3   Financials
             13.3.3.4   SWOT Analysis
        13.3.4   Dana Incorporated
             13.3.4.1   Company Overview
             13.3.4.2   Product Portfolio
             13.3.4.3   Financials
             13.3.4.4   SWOT Analysis
        13.3.5   ZF Friedrichshafen AG (9Zeppelin-Stiftung)
             13.3.5.1   Company Overview
             13.3.5.2   Product Portfolio
             13.3.5.3   Financials
             13.3.5.4   SWOT Analysis
        13.3.6   GKN Automotive Limited (Melrose Industries)
             13.3.6.1   Company Overview
             13.3.6.2   Product Portfolio
             13.3.6.3   Financials
        13.3.7   JTEKT Corporation
             13.3.7.1   Company Overview
             13.3.7.2   Product Portfolio
             13.3.7.3   Financials
        13.3.8   Magna International Inc.
             13.3.8.1   Company Overview
             13.3.8.2   Product Portfolio
             13.3.8.3   Financials
             13.3.8.4   SWOT Analysis
        13.3.9   Schaeffler Technologies AG & Co. KG
             13.3.9.1   Company Overview
             13.3.9.2   Product Portfolio
        13.3.10   Showa Corporation
             13.3.10.1   Company Overview
             13.3.10.2   Product Portfolio
             13.3.10.3   Financials

List of Figures

Figure 1: Global: Automotive Drivetrain Market: Major Drivers and Challenges
Figure 2: Global: Automotive Drivetrain Market: Sales Value (in Billion US$), 2016-2021
Figure 3: Global: Automotive Drivetrain Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 4: Global: Automotive Drivetrain Market: Breakup by Vehicle Type (in %), 2021
Figure 5: Global: Automotive Drivetrain Market: Breakup by Drive Type (in %), 2021
Figure 6: Global: Automotive Drivetrain Market: Breakup by Region (in %), 2021
Figure 7: Global: Automotive Drivetrain (Passenger Cars) Market: Sales Value (in Million US$), 2016 & 2021
Figure 8: Global: Automotive Drivetrain (Passenger Cars) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 9: Global: Automotive Drivetrain (Light Commercial Vehicles) Market: Sales Value (in Million US$), 2016 & 2021
Figure 10: Global: Automotive Drivetrain (Light Commercial Vehicles) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 11: Global: Automotive Drivetrain (Heavy Commercial Vehicles) Market: Sales Value (in Million US$), 2016 & 2021
Figure 12: Global: Automotive Drivetrain (Heavy Commercial Vehicles) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 13: Global: Automotive Drivetrain (Others) Market: Sales Value (in Million US$), 2016 & 2021
Figure 14: Global: Automotive Drivetrain (Others) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 15: Global: Automotive Drivetrain (All Wheel Drive) Market: Sales Value (in Million US$), 2016 & 2021
Figure 16: Global: Automotive Drivetrain (All Wheel Drive) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 17: Global: Automotive Drivetrain (Front Wheel Drive) Market: Sales Value (in Million US$), 2016 & 2021
Figure 18: Global: Automotive Drivetrain (Front Wheel Drive) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 19: Global: Automotive Drivetrain (Rear Wheel Drive) Market: Sales Value (in Million US$), 2016 & 2021
Figure 20: Global: Automotive Drivetrain (Rear Wheel Drive) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 21: North America: Automotive Drivetrain Market: Sales Value (in Million US$), 2016 & 2021
Figure 22: United States: Automotive Drivetrain Market: Sales Value (in Million US$), 2016 & 2021
Figure 23: United States: Automotive Drivetrain Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 24: Canada: Automotive Drivetrain Market: Sales Value (in Million US$), 2016 & 2021
Figure 25: Canada: Automotive Drivetrain Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 26: North America: Automotive Drivetrain Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 27: Asia-Pacific: Automotive Drivetrain Market: Sales Value (in Million US$), 2016 & 2021
Figure 28: China: Automotive Drivetrain Market: Sales Value (in Million US$), 2016 & 2021
Figure 29: China: Automotive Drivetrain Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 30: Japan: Automotive Drivetrain Market: Sales Value (in Million US$), 2016 & 2021
Figure 31: Japan: Automotive Drivetrain Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 32: India: Automotive Drivetrain Market: Sales Value (in Million US$), 2016 & 2021
Figure 33: India: Automotive Drivetrain Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 34: South Korea: Automotive Drivetrain Market: Sales Value (in Million US$), 2016 & 2021
Figure 35: South Korea: Automotive Drivetrain Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 36: Australia: Automotive Drivetrain Market: Sales Value (in Million US$), 2016 & 2021
Figure 37: Australia: Automotive Drivetrain Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 38: Indonesia: Automotive Drivetrain Market: Sales Value (in Million US$), 2016 & 2021
Figure 39: Indonesia: Automotive Drivetrain Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 40: Others: Automotive Drivetrain Market: Sales Value (in Million US$), 2016 & 2021
Figure 41: Others: Automotive Drivetrain Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 42: Asia-Pacific: Automotive Drivetrain Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 43: Europe: Automotive Drivetrain Market: Sales Value (in Million US$), 2016 & 2021
Figure 44: Germany: Automotive Drivetrain Market: Sales Value (in Million US$), 2016 & 2021
Figure 45: Germany: Automotive Drivetrain Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 46: France: Automotive Drivetrain Market: Sales Value (in Million US$), 2016 & 2021
Figure 47: France: Automotive Drivetrain Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 48: United Kingdom: Automotive Drivetrain Market: Sales Value (in Million US$), 2016 & 2021
Figure 49: United Kingdom: Automotive Drivetrain Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 50: Italy: Automotive Drivetrain Market: Sales Value (in Million US$), 2016 & 2021
Figure 51: Italy: Automotive Drivetrain Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 52: Spain: Automotive Drivetrain Market: Sales Value (in Million US$), 2016 & 2021
Figure 53: Spain: Automotive Drivetrain Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 54: Russia: Automotive Drivetrain Market: Sales Value (in Million US$), 2016 & 2021
Figure 55: Russia: Automotive Drivetrain Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 56: Others: Automotive Drivetrain Market: Sales Value (in Million US$), 2016 & 2021
Figure 57: Others: Automotive Drivetrain Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 58: Europe: Automotive Drivetrain Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 59: Latin America: Automotive Drivetrain Market: Sales Value (in Million US$), 2016 & 2021
Figure 60: Brazil: Automotive Drivetrain Market: Sales Value (in Million US$), 2016 & 2021
Figure 61: Brazil: Automotive Drivetrain Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 62: Mexico: Automotive Drivetrain Market: Sales Value (in Million US$), 2016 & 2021
Figure 63: Mexico: Automotive Drivetrain Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 64: Others: Automotive Drivetrain Market: Sales Value (in Million US$), 2016 & 2021
Figure 65: Others: Automotive Drivetrain Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 66: Latin America: Automotive Drivetrain Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 67: Middle East and Africa: Automotive Drivetrain Market: Sales Value (in Million US$), 2016 & 2021
Figure 68: Middle East and Africa: Automotive Drivetrain Market: Breakup by Country (in %), 2021
Figure 69: Middle East and Africa: Automotive Drivetrain Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 70: Global: Automotive Drivetrain Industry: SWOT Analysis
Figure 71: Global: Automotive Drivetrain Industry: Value Chain Analysis
Figure 72: Global: Automotive Drivetrain Industry: Porter’s Five Forces Analysis

List of Tables

Table 1: Global: Automotive Drivetrain Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Automotive Drivetrain Market Forecast: Breakup by Vehicle Type (in Million US$), 2022-2027
Table 3: Global: Automotive Drivetrain Market Forecast: Breakup by Drive Type (in Million US$), 2022-2027
Table 4: Global: Automotive Drivetrain Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 5: Global: Automotive Drivetrain Market: Competitive Structure
Table 6: Global: Automotive Drivetrain Market: Key Players


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