Automotive Powertrain Market 2020 | Worldwide Opportunities, Driving Forces, Future Potential 2030

Global Automotive Powertrain Market - Introduction

  • Automotive powertrain is the unit that comprises diverse systems, ranging from the source of power generation and the overall transmission assembly to the tire of the vehicle. For a conventional vehicle, the powertrain comprises multiple components such as engine, transmission unit, differential, and shaft.
  • The global automotive powertrain market is anticipated to expand at a moderate pace during the forecast period; however, a significant shift in trend towards adoption of electric vehicles is likely to be witnessed during the forecast period.

Global Automotive Powertrain Market – Drivers

  • Market for automotive powertrain is driven by the production of vehicles and demand for aftermarket components of the power train unit.
  • Developments in technology, such as the introduction of electric and hybrid vehicles that comprise electric motor and battery in the powertrain, are likely to boost the market during the forecast period which is attributable to high cost of the powertrain battery.
  • High demand for four-wheel drive vehicles contributes to the expansion of automotive powertrain market, as four-wheel drive vehicles comprise higher number of components in their powertrain units such as power differentials and transfer case.
  • Rising stringency of emission norms across majority of developing and developed countries is boosting the emphasis on engine downsizing, which requires additional power boosters such as turbocharger and supercharger and other additional components. This, in turn, is expected to propel the automotive powertrain market.
  • Increasing preference for fast and powerful vehicles is anticipated to be key factor that is projected to boost the automotive powertrain market, as these vehicles comprise high capacity engine as well as other high strength powertrain components.

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Global Automotive Powertrain Market – Restraints

  • High dependence of the automotive powertrain market on vehicle production can be a restraining factor, as decline in production for vehicles, due to economic downturn, is expected to hamper the powertrain market
  • Local governments of majority high population urban areas across the globe are emphasizing on the adoption of public transport, which in turn is estimated to hinder the automotive powertrain market

Global Automotive Powertrain Market – Opportunities

  • Rising inclination toward electric vehicles is likely offer significant opportunity for the market players who have presence in manufacturing of electric vehicle drivetrains during the forecast period, thus development and production of components for hybrid and electric vehicle is expected to consolidate the position of that particular manufacturer in the automotive powertrain market

Asia Pacific to hold prominent share during forecast period

  • Asia Pacific is a prominent producer of automotive components across the globe and the region is an emerging market for electric vehicles. China and India are major producers of automotive components, and China is likely to lead the global production of electric vehicles, which is anticipated to drive the automotive powertrain market in China.
  • Europe is another prominent market for automotive powertrain due to the presence of a large number of automotive manufacturers, such as Volkswagen AG, BMW AG, and Daimler AG, who are leading manufacturers of luxury vehicles that comprise powerful, advanced powertrain units.

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Global Automotive Powertrain Market – Competitive Landscape

Automotive powertrains comprise a large number of components and hence, the market comprises a large number of key players who hold a notable share of the automotive powertrain market. Some of the leading players in the market are:

  • Aisin Seiki Co., Ltd.
  • BorgWarner Inc.
  • GKN PLC
  • ZF Friedrichshafen AG
  • Robert Bosch GmbH
  • Showa Corporation
  • Cummins Inc.
  • Magneti Marelli S.p.A.
  • Continental AG
  • Schaeffler AG
  • AVTEC
  • Altair Nanotechnologies Inc.
  • Aptiv PLC
  • Eaton

Global Automotive Powertrain Market – Research Scope

Global Automotive Powertrain Market, by Vehicle

  • Passenger Vehicle
  • Light Commercial Vehicle
  • Heavy Commercial Vehicle

Global Automotive Powertrain Market, by Powertrain

  • Battery Electric Vehicle
  • Hybrid Electric Vehicle
  • ICE Powered Vehicle

Global Automotive Powertrain Market, by Sales Channel

  • OEM
  • Aftermarket

Global Automotive Powertrain Market, by Region

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • France
    • U.K.
    • Italy
    • Spain
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
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  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

  • A complete backdrop analysis, which includes an assessment of the parent market
  • Important changes in market dynamics
  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
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This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

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

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

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