15 October 2018: Global Automotive
Drivetrain Market is segmented on the basis of vehicle type,
electric vehicle type, drive type, engine type, transmission type, engine
location, and geography. A drivetrain refers to the group of components in a
vehicle that deliver power to the driving wheels. There are three different
types of drivetrains such as AWD, RWD and FWD. Each drivetrain has two
functions to execute first it transmits power from the engine to the driving
wheel; second it varies the amount of torque.
The function of a drivetrain is
to deliver the power generated from the engine to the wheels in the vehicle in
order to keep the vehicle moving. Depending on the power provided to the
vehicles’ wheels, the drivetrain systems differ. For vehicles with front-wheel
drive (FWD), engine power is directly provided to front wheels of the vehicle,
which negates the requirement of drive shaft in FWD vehicles. In case of
rear-wheel drive (RWD) vehicles, power is delivered to the rear wheels engine
via drive shaft, this arrangement is ideal for pulling heavy loads.
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In all-wheel drive (AWD)
vehicles, all wheels of the vehicle are provided with equal traction, in order
to overcome bad weather conditions and harsh terrains. The growing demand for
comfort and safety in vehicles and better vehicle handling in unfavorable
terrain are identified as the major driving forces for the growth of the
automotive drivetrain market.
The emergence of lightweight and
efficient drivetrains is driving the market for automotive drivetrains. Because
of the stringent fuel economy regulations and the rise in emission standards,
the automotive manufacturers deliver vehicle performance and efficiency to
their highest level. The key target audience of the automotive drivetrain
market are automotive drivetrain component suppliers, automotive drivetrain manufacturers,
automobile organizations/ associations, raw material suppliers, traders &
distributors of drivetrain systems and automotive original equipment
manufacturers (OEMs).
On the basis of vehicle type, the
automotive drivetrain market is segmented into passenger car, light commercial
vehicle (LCV) and high commercial vehicle (HCV). The segment “high commercial
vehicle (HCV)” is further segmented into trucks and buses. On the basis of
electric vehicle type, the automotive drivetrain market is segmented into BEV,
HEV and PHEV. On the basis of drive type, the automotive drivetrain market is
segmented into AWD, FWD and RWD.
On the basis of engine type, the
automotive drivetrain market is segmented into gasoline and diesel. On the
basis of transmission type, the automotive drivetrain market is segmented into
automatic transmission (AT), manual transmission (MT), continuous variable
transmission (CVT), dual-clutch transmission (DCT), automated manual
transmission (AMT) and so on. On the basis of engine location, the automotive
drivetrain industry is segmented into front engine and rear engine. On the
basis of geography, the automotive drivetrain industry is segmented into North
America, Latin America, Asia Pacific, Europe and Middle East & Africa.
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Asia Pacific is expected to lead
the automotive drivetrain industry and is anticipated to grow during the
forecast period. The region has developed as a hub for alternative fuel
passenger cars in recent years, with China and Japan as the frontrunners.
Governments in the region are also trying promoting the sales of alternate fuel
vehicles through incentives and tax deductions.
The key players of automotive
drivetrain industry are American Axle & Manufacturing, Aisin Seiki Co.
Ltd., BorgWarner Inc., GKN Plc., Magna International Inc., Dana Holding
Corporation, JTEKT Corporation, Schaeffler Group, Showa Corporation, Meritor,
Eaton Corporation, GETRAG, Hyundai Dymos, JATCO, Univance and Shaanxi Fast Auto
Drive Group Company.
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