Global Automotive Powertrain Market industry valued approximately USD 464.31 billion in 2016 is anticipated to grow with a healthy growth rate of more than 5.78% over the forecast period 2017-2025. The major factors driving the growth are the highly rising vehicle production and increasing understanding concerning the escalating pollution in the environment.
The objective of the study is to define market sizes of different segments & countries in previous years and to forecast the values to the next eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry with respect to each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as drivers & restraining factors which will define the future growth of the market. Additionally, it will also incorporate the opportunities available in micro markets for stakeholders to invest, detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
Vehicle Type:
> HCVs (Heavy Commercial Vehicles)
> LCVs (Light Commercial Vehicles)
> Passenger Cars
Engine Type:
> Gasoline
> Diesel
Regions:
> North America
o U.S.
o Canada
> Europe
o UK
o Germany
> Asia Pacific
o China
o India
o Japan
> Latin America
o Brazil
o Mexico
> Rest of the World
Furthermore, the years considered for the study are as follows:
Historical year - 2015
Base year - 2016
Forecast period - 2017 to 2025
Some of the key manufacturers involved in the market are GKN PLC., Aisin Seiki Co. Ltd., ZF Friedrichshafen AG, General Motors Company, Hyundai Motor Corp., BorgWarner, Ford Motor Company, and Volkswagen AG. The companies are also trying to dominate the market by investing in research and development. Acquisitions and effective mergers is one of the best domination strategies currently being used. New product launches and focuses on continuous technology innovations are some strategies adopted by the major players.
Target Audience of the Automotive Powertrain Market Study
> Key Consulting Companies & Advisors
> Large, medium-sized, and small enterprises
> Venture capitalists
> Value-Added Resellers (VARs)
> Third-party knowledge providers
> Investment bankers
> Investors
Please note that owing to the criticality of the Global Automotive Powertrain Market and rapidly changing market attributes, we are in the middle of updating the report. The final report may require 2 to 3 working days post-confirmation to cater to the most recent updates.