A report from Transparency Market Research, titled “Global Powertrain Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020,” provides the latest market intelligence. According to the report, the global powertrain market is projected to expand at a CAGR of 5.30% during the forecast period from 2014 to 2020. In 2013, the global powertrain market was worth around US$365.6 bn and by 2020, the market is projected to be worth US$524.6 bn.
Major Key Players of
the Powertrain Market are:
Valeo, Magna International Inc., Denso Corporation, General Motors Company,
and Ford Motor Company.
Get sample copy of “Powertrain
Market” at: https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=4270
It is worthy of noting here some of the factors that are
shaping up the future of the global powertrain market. These include the
following:
- Engine
downsizing and automated transmission are the next big things in the
market because for reasons of environmental conservation, need for
reducing fuel emission is only going to increase in the coming few years.
Besides government across the globe are trying to cut down carbon dioxide
emission, helping the growth of global powertrain market over the forecast
period.
- Demand
for high traction, towing capacity and acceleration is also underscoring
growth of global powertrain market over the forecast period from 2014 to
2020. The reason behind this growth is the need to address challenges
posed by rugged terrains and poor weather conditions.
A powertrain system forms one of the key, primary components
of a vehicle. The powertrain features all of the components that generate power
for the vehicle and transmit the same to the wheels, allowing the vehicle to
move. The components of a powertrain system include transmission, drive shafts,
engine, final drive, and differentials. Furthermore, the overall performance of
the vehicle and its fuel economy depend on the attributes of the powertrain
system.
The global powertrain market is driven by the growing demand
for environment-friendly vehicles, stringent government regulations, and the
technological advancement in powertrain systems to improve fuel efficiency. On
the other hand, the global powertrain system market is suppressed by the
elevated cost of powertrain systems. Moreover, the global powertrain system
market will also be challenged by the trend of oligopolistic powertrain
suppliers.
Key segments of the global powertrain market
Global Powertrain Market: By Components
- Engine
- Transmission
- Drive
Shafts
- Differentials
- Final
Drive
Global Powertrain Market: By Type of Vehicle
- Cars
- LCV
- ICV
- HCV
- Off
Road Vehicles
- Construction
Equipment
- Defence
Vehicles
- Farm
tractors
Research objectives:-
– To study and analyze the global Powertrain consumption
(value & volume) by key regions/countries, product type and application,
history data.
– To understand the structure of the Powertrain market by
identifying its various sub-segments.
– Focuses on the key global Powertrain manufacturers, to
define, describe and analyze the sales volume, value, market share, market
competitive landscape, SWOT analysis, and development plans in the next few
years.
– To analyze the Powertrain with respect to individual
growth trends, future prospects, and their contribution to the total market.
– To share detailed information about the key factors
influencing the growth of the market (growth potential, opportunities, drivers,
industry-specific challenges and risks).
Have any query?
Inquiry about report at: https://www.transparencymarketresearch.com/sample/sample.php?flag=EB&rep_id=4270
About Us
Transparency Market Research (TMR) is a global market intelligence
company providing business information reports and services. The company’s
exclusive blend of quantitative forecasting and trend analysis provides
forward-looking insight for thousands of decision makers. TMR’s experienced
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a team of research experts so that it always reflects the latest trends and
information. With extensive research and analysis capabilities, Transparency
Market Research employs rigorous primary and secondary research techniques to
develop distinctive data sets and research material for business reports.
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