DUBLIN--(BUSINESS WIRE)--The "Global Automotive Powertrain Systems Market - Analysis of Growth, Trends, and Forecast (2018 - 2023)" report has been added to ResearchAndMarkets.com's offering.
A powertrain system is one of the essential systems of an automobile. It comprises of all the components that produce power for the vehicle and transfer the same to the wheels, enabling vehicle movement. The components of the powertrain system include engine, transmission, differentials, and drive shafts. The overall performance of the vehicle and its efficiency depends on the properties of the powertrain system.
The market growth can be credited to the stringent government regulations, increasing demand for eco-friendly vehicles, and technological improvements in powertrain systems to enhance the overall efficiency. One of the restraints to the growth of the market is the increased cost of powertrain systems.
The Asia-Pacific region had the largest powertrain market, in terms of value, in 2017. The primary reasons contributing to the growth of the powertrain market in the region are the increasing vehicle production and the surge of passenger cars. The introduction of stringent emission regulations in the European and North American countries have increased the demand for superior powertrains that are lightweight, which helps in increasing fuel economy, decreasing emissions, and improving vehicle performance.
- Toyota Motor Corporation
- Hyundai Motor Company
- Ford Motor Company
- ZF Friedrichshafen AG
- Gkn PLC
- General Motors Company
- JTEKT Corporation
- Borgwarner Inc.
- Volkswagen AG
- Aisin Seiki Co. Ltd
Key Topics Covered:
2. Executive Summary
3. Market Overview and Trends
4. Market Dynamics
5. Global Automotive Powertrain System Market, Segmented by Component Type
6. Global Automotive Powertrain System Market, Segmented by Vehicle Type
7. Global Automotive Powertrain System Market, Segmented by Wheel Drive
8. Global Automotive Powertrain System Market, Segmented by Geography
9. Competitive Landscape
10. Key Vendor Analysis
11. Outlook of the Market
For more information about this report visit https://www.researchandmarkets.com/research/fsmdr6/global_automotive?w=4