Automotive Powertrain Market Worth $658.3 Billion by 2019
02 Oct, 2014, 16:30 BST
DALLAS, October 2, 2014 /PRNewswire/ --
The report "Automotive Powertrain Market by Position (FWD, RWD, & AWD), Vehicle Type (Passenger Car, LCV, & HCV), Engine Type (Gasoline & Diesel) & Geography (Asia-Oceania, Europe, North America, & ROW) - Industry Trends & Forecast to 2019", published by MarketsandMarkets, classifies and defines the Automotive Powertrain Market in terms of value and volume. This report highlights potential growth opportunities for the Automotive Powertrain Market in the coming years, and also covers the review of market drivers, restraints, opportunities, challenges, competitive landscape, and other key aspects related to the Automotive Powertrain Market.
Browse 88 market data tables with 54 figures spread through 250 pages and in-depth TOC on "Automotive Powertrain Market - Industry Trends & Forecast to 2019".
http://www.marketsandmarkets.com/Market-Reports/automotive-powertrain-market-248881003.html
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Asia-Oceania:
The Asia-Oceania region includes nations such as China, Japan, South Korea, and India. Rising demand for automated transmission and increasing vehicle sales drive the market for Automotive Powertrain in this region. Tier 1 suppliers such as JTEKT (Japan), Aisin Seiki (Japan), and GKN Plc (U.K.) are some players who have a strong presence in this region. Also, vehicle producers such as Toyota, Honda, and Hyundai belong to this region. With emission norms becoming stringent in countries such as China, Japan, and India, the OEMs in this region are trying to reduce the overall weight of the vehicle. Owing to the above factors, the Asia-Oceania region is expected to show the highest growth rate over the forecast period considered.
Europe:
The European economy is slowly recovering after the economic downturn experienced in 2009; this slump has affected the automotive industry in this region. With emission and fuel economy norms becoming stringent, vehicle manufactures are switching to engine downsizing with the help of turbochargers. This helps in increasing fuel efficiency of the vehicle and at the same time reducing emission levels. The market in this region is expected to show stable growth rate for the period under study. Germany is estimated to be the largest market for automotive powertrain in this region.
North America:
The countries in North America studied in this report are the U.S., Canada, and Mexico. The U.S. is estimated to be the largest market in terms of both volume and value for automotive powertrain in this region. The trend in North America is similar to that of other regions, with FWD vehicles having the major share. However, the North American market is highly focused on comfort and luxury, which explains the high rate of replacement of FWD and RWD vehicles by AWD in the region.
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This report covers the Automotive Powertrain Market in terms of volume and value. The market size, from 2012 to 2019 with regards to volume, is provided in terms of thousand units ('000 units), whereas the value of the market is provided in terms of USD million ($Million) from 2012 to 2019. The Automotive Powertrain Market is broadly classified by geography into Asia-Oceania, Europe, North America, and ROW, focusing on key countries in each region. The market is also segmented on the basis of vehicle type into passenger car, LCV, and HCV, by position into FWD, RWD, and AWD, and by engine type into gasoline & diesel.
The report also provides qualitative and quantitative insights on the Powertrain Market. It also gives a comprehensive review of market drivers, restraints, opportunities, challenges, and other related aspects in the market. The key players in this market have also been identified and profiled.
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