DUBLIN--(BUSINESS WIRE)--The "Global Automotive All-Wheel Drive Market - Analysis of Growth, Trends, and Forecast (2018 - 2023)" report has been added to ResearchAndMarkets.com's offering.
The all-wheel drive systems have become popular in the luxury vehicle segment and many luxury cars sport these systems. The demand for luxury vehicles has boomed in the emerging markets, and is expected to continue to increase at the highest pace among all vehicle categories in the forecast period. However, one big constraint for the growth of the luxury automobile market and the AWD systems is the slowdown in the Chinese automobile market. The slowdown and stock market crash have affected the sales of luxury cars greatly. Dealers of popular luxury brands are now forced to offer discounts as high as 15% to convince the consumers to purchase their cars.
Concerns over vehicular safety have gone up substantially in recent times. Safety has become an extremely important consideration, on par with other aspects of the car. This factor will be the biggest driver of the AWD market. The popularity of these systems is clear from the fact that Subaru has manufactured 15 million cars equipped with these systems. Due to the increasing sales of AWD equipped passenger cars, the growth of the passenger car sub-segment will be the highest and automatic AWD systems are expected grow at the fastest pace in this segment during the forecast period.
Companies Mentioned
- ZF Friedrichshafen AG
- Continental AG,Borgwarner Inc,Magna International Inc
- JTEKT Corporation
- Eaton Corporation PLC
- American Axle Manufacturing
- GKN PLC
- Dana Holding Corporation
- Oerlikon Inc
- Haldex
- Land Rover
Key Topics Covered:
1. Introduction
2. Executive Summary
3. Market Overview and Technology Trends
4. Market Dynamics
5. Global Automotive All Wheel Drive Market, By Geography
6. Competitive Landscape
7. Company Profiles
8. Outlook of the Market
9. Disclaimer
For more information about this report visit https://www.researchandmarkets.com/research/ngckpx/global_automotive?w=4
