Research and Markets: Automotive Multi-Wheel Drive Systems Market to 2019 - Market is Dominated by ZF Friedrichshafen AG, Continental AG, Borg Warner Inc & GKN Driveline
DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/885zd5/automotive) has announced the addition of the "Automotive Multi-Wheel Drive Systems Market by Vehicle Type, by System Type & by Geography - Global Trends and Forecast to 2019" report to their offering.
“Automotive Multi-Wheel Drive Systems Market by Vehicle Type, by System Type & by Geography - Global Trends and Forecast to 2019”
The global automotive multi-wheel drive systems market is projected to become worth $6,247.5 Million by 2019, at a CAGR of 9.64%. The Automatic and Manual automotive multi-wheel drive systems market is projected to grow at a CAGR of 8.79% in terms of value, from 2014 to 2019.
Presently, the automotive industry is inclined towards using advanced technologies to reduce crashes and mitigate the impact of accidents on passengers. The multi-wheel drive systems play an important role in achieving both the targets.
Multi-wheel drive systems have evolved from the need for better fuel efficiency, safety, stability, control, and driving experience. These systems provide the vehicle with the aforesaid features, prompting the automobile companies to invest extensively in these systems. The market for these systems is driven by the increasing demand for the SUVs globally as well as due to the unfavorable terrain conditions prevailing in the various regions.
In Europe and North America, the automatic and manual automotive multi-wheel drive systems are well-established and have a higher penetration rate. Use of these systems is also growing significantly in the Asia-Oceania and RoW regions owing to an increase in the consumer purchasing power and their preference for better safety measures. China, U.S., Germany, and U.K. are expected to be the largest markets for the multi-wheel drive systems. Developing countries such as India, Brazil, and Mexico are expected to show a higher growth rate in the demand for automatic and manual automotive multi-wheel drive systems from 2014-2019.
The global automotive multi-wheel drive systems market is dominated by players such as ZF Friedrichshafen AG (Germany), Continental AG (Germany), Borg Warner Inc. (U.S.), and GKN Driveline (England).
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Technology Overview
7 Global Automotive Automatic and Manual Automotive Multi-Wheel Drive System Market, By Geography Type
8 Global Automotive Automatic and Manual Automotive Multi-Wheel Drive Systems Market, By Vehicle Type
9 Global Automotive Automatic and Manual Automotive Multi-Wheel Drive Systems Market, By System Type
10 Competitive Landscape
11 Company Profiles
- American Axle Manufacturing
- Borg Warner Inc.
- Continental AG
- Dana Holding Corporation
- Eaton Corporation PLC
- GKN PLC
- Jtekt Corporation
- Magna International Inc.
- Oerlikon Inc.
- ZF Friedrichshafen AG
For more information visit http://www.researchandmarkets.com/research/885zd5/automotive.