The Automotive Powertrain market size is projected to reach a CAGR of 5.9% from 2022 to 2028.
Automotive Powertrain refers to the collection of all the components that are used to move any vehicle in the forward direction. The main components are engine, transmission, driveshaft, axles, and differential. These components together create the power from the engine and transports it to the wheels present on the ground thus causing the forward movements of the vehicle.
Surged demand for automated transport is some of the factors that have supported long-term expansion for Automotive Powertrain Market.
Asia Pacific is the most rapidly growing market and offers a huge opportunity for the industry, whose growth is driven by the increased production in the region.
Insights are provided for each region and major countries within the regions
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Report Feature |
Descriptions |
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Growth Rate |
CAGR of 5.9% during the forecasting period, 2022-2028 |
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Historical Data |
2019-2020 |
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Forecast Years |
2022-2028 |
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Base Year |
2021 |
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Units Considered |
Revenue in USD billion and CAGR from 2022 to 2028 |
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Report Segmentation |
position, engine type, vehicle type and region. |
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Report Attribute |
Market Revenue Sizing (Global, Regional and Country Level) Company Share Analysis, Market Dynamics, Company Profiling |
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Regional Level Scope |
North America, Europe, Asia-Pacific, South America, and Middle East and Africa |
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Country Level Scope |
U.S., Japan, Germany, U.K., China, India, Brazil, UAE, South Africa (50+ Countries Across the Globe) |
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Companies Profiled |
Aisin Seiki Co., ZF Friedrichshafen AG, GKN plc, BorgWarner Inc., American Axle and Manufacturing Inc., and JTEKT Corp |
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Available Customization |
In addition to the market data for Automotive Powertrain Market, Delvens offers client-centric report and customized according to the company’s specific demand and requirement. |
Automotive Powertrain Market is segmented into position, engine type, vehicle type, and region.
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