Automotive Drivetrain Market Forecasts to 2030 - Global Analysis By Vehicle Type (Passenger Car, Commercial Vehicles and Electric Vehicle), Drive Type (Front Wheel Drive, Rear Wheel Drive and All-Wheel Drive), Technology and By Geography
|
Years Covered |
2021-2030 |
|
Estimated Year Value (2023) |
US $218.18 BN |
|
Projected Year Value (2030) |
US $411.84 BN |
|
CAGR (2023 - 2030) |
9.5% |
|
Regions Covered |
North America, Europe, Asia Pacific, South America, and Middle East & Africa |
|
Countries Covered |
US, Canada, Mexico, Germany, UK, Italy, France, Spain, Japan, China, India, Australia, New Zealand, South Korea, Rest of Asia Pacific, South America, Argentina, Brazil, Chile, Middle East & Africa, Saudi Arabia, UAE, Qatar, and South Africa |
|
Largest Market |
North America |
|
Highest Growing Market |
Asia Pacific |
According to Stratistics MRC, the Global Automotive Drivetrain Market is accounted for $218.18 billion in 2023 and is expected to reach $411.84 billion by 2030 growing at a CAGR of 9.5% during the forecast period. The automotive drivetrain includes the components that transmit power to an automobile's steering wheel. It is frequently referred to as a driveline or a powertrain. It is in charge of how the wheels, engine, and movement of the vehicle all work. Features of this kind of technology include increased fuel efficiency and greater vehicle performance. The drive train system is made up of diverse parts such wheels, driving shafts, U joints, and CV joints.
According to the World Economic Forum, in July 2017, the Government of UK announced that they will be discontinuing the production of new petrol and diesel cars from the year 2040.
Market Dynamics:
Driver:
Rise in the sale of electric and hybrid vehicles all over the world
The propulsion system for electric vehicles is continually changing. Due to the increase in fuel prices, manufacturers are concentrating on the creation of electric vehicles. The importance of the drivetrain system will increase significantly as battery technology advances. In 2020, there were more than 10 million electric vehicles on the road. Modern vehicle sales are rising as a result of shifting consumer attitudes and economic conditions. The market for automotive parts, particularly in the drivetrain system segment, is expanding as a result of the increasing use of electric taxis as transportation vehicles. Due to their high compatibility with these vehicles, manufacturers are concentrating on the adoption of electric drive systems and other electric automobile components.
Restraint:
Associated high cost and fluctuating raw material prices
Depending on the specifications and design, the price of any drivetrain installed in a vehicle varies. It directly raises the price of the vehicle as a whole. Costs increase as a result of more advanced automobile features and powerful engines. The usage of expensive or advanced raw materials and their fluctuation rates is also a major contributor to this cost increase. Additionally, dependent on additional parts and components, clients who choose to upgrade to an advanced drive system require an additional USD 2,000–$3,500. Due to this, the cost of steel and powder processing to satisfy this demand as well as the increase in demand for powerful and luxurious automobiles would be constrained. As a result, these elements are impeding the expansion of the automobile drivetrain market.
Opportunity:
Increased demand for luxury features and usage of advanced technology
Global automakers have been implementing consumer-centric requirements and altering regional patterns in response to client preferences. Consumers are more likely to employ luxury comfort features in cars, and in recent years, the pace of expansion of comfort and safety features in cars has sharply increased all over the world. In addition, customers were seen adopting electric vehicles due to the impact of carbon dioxide emissions and for environmental concerns, and the trend toward gasoline-powered vehicles began to decline in significant regions and nations. As a result, in industrialized nations, producers of e-drive components have the best profit margins.
Threat:
Supply chain disruptions
The drivetrain industry relies on a complex global supply chain to source raw materials, components, and parts from various suppliers. Disruptions in the supply chain, such as natural disasters, political instability, or trade disputes, can lead to delays in production, increased costs, and shortages of critical components. This can impact the ability of drivetrain manufacturers to meet customer demand and fulfill orders in a timely manner. Additionally, supply chain disruptions can result in price volatility for raw materials, making cost forecasting and profitability challenging. To mitigate this threat, drivetrain companies need to diversify their supplier base, establish contingency plans, and invest in building more resilient and flexible supply chains.
Covid-19 Impact:
The COVID-19 epidemic had significant adverse effects on the economy as a whole, including the car industry. The COVID-19 outbreak substantially impacted the volume drop, recovery rate variability, and many other aspects of the automobile sector. As a result, the global economic ecosystem caused a drop in the manufacturing of drivetrain components. Additionally, there were many difficulties with the raw materials needed to make components, for example, the entire auto industry, including participants in the value chain, experienced uncertainty in their individual industries. In the past year, numerous suppliers have encountered major resource constraints in the global supply and logistics chains, which have had a noticeably detrimental impact on their businesses.
The passenger car segment is expected to be the largest during the forecast period
The passenger car segment held the largest share in the market owing to the increasing demand among consumers, growing industrialization, an influx of urban residents, and commute requirements. The growing market share of automotive drive trains is also due to other elements like the prevalence of vehicles, rising disposable incomes, and shifting consumer preferences toward adopting technologically advanced vehicles. Additionally, improving economic conditions, rising disposable income, fast urbanization, and an increase in the number of people in higher socioeconomic classes have all increased consumer spending on luxury, which is what is driving the growth of the passenger automobile market.
The front wheel drive segment is expected to have the highest CAGR during the forecast period
During the projection period, the front wheel drive segment is expected to have the greatest CAGR. This due to various factors, as many of the recent new cars over the forecast period, started using this configuration. When compared to alternative drive systems, front wheel drive is incredibly cost-effective and offers numerous advantages in terms of mass, space, fuel consumption, lack of driveshaft friction, and weight distribution for traction. Front wheel drive is a common feature of passenger automobiles today, and manufacturers also like it since it has lower production costs, more space-efficient design, and sportier performance across the board, which are the factors propelling the growth of the front wheel drive segment.
Region with largest share:
The North America region is estimated to witness the highest share market during the forecast period. North America has experienced more technological developments and acceptance of cutting-edge technologies than other regions. The most recent advancements in hybrid and electronic vehicles, like wheel hub motors and e-axle compatibility, are significantly increasing demand for them in North America. Electric powertrain systems are being included by a number of automakers in their cars in an effort to cut costs, balance loading capacity, and lighten finished products. Customers' comparatively high purchasing power and the rapid advancement of technology in this region are anticipated to boost demand for e-cars and other vehicles, which is anticipated to fuel demand for the expansion of the automotive drivetrain industry.
Region with highest CAGR:
The Asia Pacific region is expected to have the highest growth rate over the forecast period. The existence of automotive manufacturers, a robust supply chain, and supporting government policies are important factors fostering the growth of this area. In addition, more than 45% of the world's population lives in high-population, economically developed nations like China, India, and South Korea. As a result, market expansion in these nations is anticipated to be aided by a number of supportive governmental initiatives aimed at reviving the auto industry, which was severely damaged by COVID-19.
Key players in the market
Some of the key players in Automotive Drivetrain market include Aisin Seiki Co. Ltd, AVL List GmbH, AxleTech Corporation, Borgwarner Inc., Continental AG, Daimler Chrysler, Dana Incorporated, Ford, Hyundai Motor Company, Magna International Inc., Marelli Holdings Co., Ltd., Mitsubishi Electric Corp, Nidec Corporation, Robert Bosch GmbH, Schaeffler AG, Toyota Motor Corporation, Valeo, Volkswagen AG and ZF Friedrichshafen AG.
Key Developments:
In Sep 2022, Aisin Seiki announced plans to build a new office for its R&D affiliate Aisin (Nantong) Technical Center of China Co., Ltd in China. This would help Aisin Seiki to fully integrate different stages of product development such as design, development, and assessment, thereby improving the quality of the products and services offered to customers.
In March 2022, American Axle & Manufacturing Holdings, Inc. announced the launch of new driveline technologies at the 2016 Winter Test Activities event in Michigan (U.S.). The company is set to launch e-AAM hybrid and electric driveline systems and QUANTUM lightweight axles and drive units.
In Dec 2021, ZF Friedrichshafen has opened a new plant, ZF Pars SSK, in Iran to improve its competitive position and to meet the increased demand for commercial vehicle transmission systems in the Middle Eastern region
Vehicle Types Covered:
• Passenger Car
• Commercial Vehicle
• Electric Vehicle
Drive Types Covered:
• Front Wheel Drive
• Rear Wheel Drive
• All-Wheel Drive
Technologies Covered:
• Central Motor
• E-Axle
• Wheel Hub Module
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2021, 2022, 2023, 2026, and 2030
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Technology Analysis
3.7 Emerging Markets
3.8 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Automotive Drivetrain Market, By Vehicle Type
5.1 Introduction
5.2 Passenger Car
5.3 Commercial Vehicle
5.3.1 Heavy Commercial Vehicles
5.3.1.1 Buses
5.3.1.2 Trucks
5.3.2 Light Commercial Vehicles
5.4 Electric Vehicle
5.4.1 Battery Electric Vehicles
5.4.2 Plug-In Hybrid Electric Vehicles
5.4.3 Hybrid Electric Vehicles
6 Global Automotive Drivetrain Market, By Drive Type
6.1 Introduction
6.2 Front Wheel Drive
6.3 Rear Wheel Drive
6.4 All-Wheel Drive
7 Global Automotive Drivetrain Market, By Technology
7.1 Introduction
7.2 Central Motor
7.3 E-Axle
7.4 Wheel Hub Module
8 Global Automotive Drivetrain Market, By Geography
8.1 Introduction
8.2 North America
8.2.1 US
8.2.2 Canada
8.2.3 Mexico
8.3 Europe
8.3.1 Germany
8.3.2 UK
8.3.3 Italy
8.3.4 France
8.3.5 Spain
8.3.6 Rest of Europe
8.4 Asia Pacific
8.4.1 Japan
8.4.2 China
8.4.3 India
8.4.4 Australia
8.4.5 New Zealand
8.4.6 South Korea
8.4.7 Rest of Asia Pacific
8.5 South America
8.5.1 Argentina
8.5.2 Brazil
8.5.3 Chile
8.5.4 Rest of South America
8.6 Middle East & Africa
8.6.1 Saudi Arabia
8.6.2 UAE
8.6.3 Qatar
8.6.4 South Africa
8.6.5 Rest of Middle East & Africa
9 Key Developments
9.1 Agreements, Partnerships, Collaborations and Joint Ventures
9.2 Acquisitions & Mergers
9.3 New Product Launch
9.4 Expansions
9.5 Other Key Strategies
10 Company Profiling
10.1 Aisin Seiki Co. Ltd.
10.2 AVL List GmbH
10.3 AxleTech Corporation
10.4 Borgwarner Inc.
10.5 Continental AG
10.6 Daimler Chrysler
10.7 Dana Incorporated
10.8 Ford
10.9 Hyundai Motor Company
10.10 Magna International Inc.
10.11 Marelli Holdings Co., Ltd.
10.12 Mitsubishi Electric Corp
10.13 Nidec Corporation
10.14 Robert Bosch GmbH
10.15 Schaeffler AG
10.16 Toyota Motor Corporation
10.17 Valeo
10.18 Volkswagen AG
10.19 ZF Friedrichshafen AG
List of Tables
1 Global Automotive Drivetrain Market Outlook, By Region (2021-2030) ($MN)
2 Global Automotive Drivetrain Market Outlook, By Vehicle Type (2021-2030) ($MN)
3 Global Automotive Drivetrain Market Outlook, By Passenger Car (2021-2030) ($MN)
4 Global Automotive Drivetrain Market Outlook, By Commercial Vehicle (2021-2030) ($MN)
5 Global Automotive Drivetrain Market Outlook, By Heavy Commercial Vehicles (2021-2030) ($MN)
6 Global Automotive Drivetrain Market Outlook, By Buses (2021-2030) ($MN)
7 Global Automotive Drivetrain Market Outlook, By Trucks (2021-2030) ($MN)
8 Global Automotive Drivetrain Market Outlook, By Light Commercial Vehicles (2021-2030) ($MN)
9 Global Automotive Drivetrain Market Outlook, By Electric Vehicle (2021-2030) ($MN)
10 Global Automotive Drivetrain Market Outlook, By Battery Electric Vehicles (2021-2030) ($MN)
11 Global Automotive Drivetrain Market Outlook, By Plug-In Hybrid Electric Vehicles (2021-2030) ($MN)
12 Global Automotive Drivetrain Market Outlook, By Hybrid Electric Vehicles (2021-2030) ($MN)
13 Global Automotive Drivetrain Market Outlook, By Drive Type (2021-2030) ($MN)
14 Global Automotive Drivetrain Market Outlook, By Front Wheel Drive (2021-2030) ($MN)
15 Global Automotive Drivetrain Market Outlook, By Rear Wheel Drive (2021-2030) ($MN)
16 Global Automotive Drivetrain Market Outlook, By All-Wheel Drive (2021-2030) ($MN)
17 Global Automotive Drivetrain Market Outlook, By Technology (2021-2030) ($MN)
18 Global Automotive Drivetrain Market Outlook, By Central Motor (2021-2030) ($MN)
19 Global Automotive Drivetrain Market Outlook, By E-Axle (2021-2030) ($MN)
20 Global Automotive Drivetrain Market Outlook, By Wheel Hub Module (2021-2030) ($MN)
21 North America Automotive Drivetrain Market Outlook, By Country (2021-2030) ($MN)
22 North America Automotive Drivetrain Market Outlook, By Vehicle Type (2021-2030) ($MN)
23 North America Automotive Drivetrain Market Outlook, By Passenger Car (2021-2030) ($MN)
24 North America Automotive Drivetrain Market Outlook, By Commercial Vehicle (2021-2030) ($MN)
25 North America Automotive Drivetrain Market Outlook, By Heavy Commercial Vehicles (2021-2030) ($MN)
26 North America Automotive Drivetrain Market Outlook, By Buses (2021-2030) ($MN)
27 North America Automotive Drivetrain Market Outlook, By Trucks (2021-2030) ($MN)
28 North America Automotive Drivetrain Market Outlook, By Light Commercial Vehicles (2021-2030) ($MN)
29 North America Automotive Drivetrain Market Outlook, By Electric Vehicle (2021-2030) ($MN)
30 North America Automotive Drivetrain Market Outlook, By Battery Electric Vehicles (2021-2030) ($MN)
31 North America Automotive Drivetrain Market Outlook, By Plug-In Hybrid Electric Vehicles (2021-2030) ($MN)
32 North America Automotive Drivetrain Market Outlook, By Hybrid Electric Vehicles (2021-2030) ($MN)
33 North America Automotive Drivetrain Market Outlook, By Drive Type (2021-2030) ($MN)
34 North America Automotive Drivetrain Market Outlook, By Front Wheel Drive (2021-2030) ($MN)
35 North America Automotive Drivetrain Market Outlook, By Rear Wheel Drive (2021-2030) ($MN)
36 North America Automotive Drivetrain Market Outlook, By All-Wheel Drive (2021-2030) ($MN)
37 North America Automotive Drivetrain Market Outlook, By Technology (2021-2030) ($MN)
38 North America Automotive Drivetrain Market Outlook, By Central Motor (2021-2030) ($MN)
39 North America Automotive Drivetrain Market Outlook, By E-Axle (2021-2030) ($MN)
40 North America Automotive Drivetrain Market Outlook, By Wheel Hub Module (2021-2030) ($MN)
41 Europe Automotive Drivetrain Market Outlook, By Country (2021-2030) ($MN)
42 Europe Automotive Drivetrain Market Outlook, By Vehicle Type (2021-2030) ($MN)
43 Europe Automotive Drivetrain Market Outlook, By Passenger Car (2021-2030) ($MN)
44 Europe Automotive Drivetrain Market Outlook, By Commercial Vehicle (2021-2030) ($MN)
45 Europe Automotive Drivetrain Market Outlook, By Heavy Commercial Vehicles (2021-2030) ($MN)
46 Europe Automotive Drivetrain Market Outlook, By Buses (2021-2030) ($MN)
47 Europe Automotive Drivetrain Market Outlook, By Trucks (2021-2030) ($MN)
48 Europe Automotive Drivetrain Market Outlook, By Light Commercial Vehicles (2021-2030) ($MN)
49 Europe Automotive Drivetrain Market Outlook, By Electric Vehicle (2021-2030) ($MN)
50 Europe Automotive Drivetrain Market Outlook, By Battery Electric Vehicles (2021-2030) ($MN)
51 Europe Automotive Drivetrain Market Outlook, By Plug-In Hybrid Electric Vehicles (2021-2030) ($MN)
52 Europe Automotive Drivetrain Market Outlook, By Hybrid Electric Vehicles (2021-2030) ($MN)
53 Europe Automotive Drivetrain Market Outlook, By Drive Type (2021-2030) ($MN)
54 Europe Automotive Drivetrain Market Outlook, By Front Wheel Drive (2021-2030) ($MN)
55 Europe Automotive Drivetrain Market Outlook, By Rear Wheel Drive (2021-2030) ($MN)
56 Europe Automotive Drivetrain Market Outlook, By All-Wheel Drive (2021-2030) ($MN)
57 Europe Automotive Drivetrain Market Outlook, By Technology (2021-2030) ($MN)
58 Europe Automotive Drivetrain Market Outlook, By Central Motor (2021-2030) ($MN)
59 Europe Automotive Drivetrain Market Outlook, By E-Axle (2021-2030) ($MN)
60 Europe Automotive Drivetrain Market Outlook, By Wheel Hub Module (2021-2030) ($MN)
61 Asia Pacific Automotive Drivetrain Market Outlook, By Country (2021-2030) ($MN)
62 Asia Pacific Automotive Drivetrain Market Outlook, By Vehicle Type (2021-2030) ($MN)
63 Asia Pacific Automotive Drivetrain Market Outlook, By Passenger Car (2021-2030) ($MN)
64 Asia Pacific Automotive Drivetrain Market Outlook, By Commercial Vehicle (2021-2030) ($MN)
65 Asia Pacific Automotive Drivetrain Market Outlook, By Heavy Commercial Vehicles (2021-2030) ($MN)
66 Asia Pacific Automotive Drivetrain Market Outlook, By Buses (2021-2030) ($MN)
67 Asia Pacific Automotive Drivetrain Market Outlook, By Trucks (2021-2030) ($MN)
68 Asia Pacific Automotive Drivetrain Market Outlook, By Light Commercial Vehicles (2021-2030) ($MN)
69 Asia Pacific Automotive Drivetrain Market Outlook, By Electric Vehicle (2021-2030) ($MN)
70 Asia Pacific Automotive Drivetrain Market Outlook, By Battery Electric Vehicles (2021-2030) ($MN)
71 Asia Pacific Automotive Drivetrain Market Outlook, By Plug-In Hybrid Electric Vehicles (2021-2030) ($MN)
72 Asia Pacific Automotive Drivetrain Market Outlook, By Hybrid Electric Vehicles (2021-2030) ($MN)
73 Asia Pacific Automotive Drivetrain Market Outlook, By Drive Type (2021-2030) ($MN)
74 Asia Pacific Automotive Drivetrain Market Outlook, By Front Wheel Drive (2021-2030) ($MN)
75 Asia Pacific Automotive Drivetrain Market Outlook, By Rear Wheel Drive (2021-2030) ($MN)
76 Asia Pacific Automotive Drivetrain Market Outlook, By All-Wheel Drive (2021-2030) ($MN)
77 Asia Pacific Automotive Drivetrain Market Outlook, By Technology (2021-2030) ($MN)
78 Asia Pacific Automotive Drivetrain Market Outlook, By Central Motor (2021-2030) ($MN)
79 Asia Pacific Automotive Drivetrain Market Outlook, By E-Axle (2021-2030) ($MN)
80 Asia Pacific Automotive Drivetrain Market Outlook, By Wheel Hub Module (2021-2030) ($MN)
81 South America Automotive Drivetrain Market Outlook, By Country (2021-2030) ($MN)
82 South America Automotive Drivetrain Market Outlook, By Vehicle Type (2021-2030) ($MN)
83 South America Automotive Drivetrain Market Outlook, By Passenger Car (2021-2030) ($MN)
84 South America Automotive Drivetrain Market Outlook, By Commercial Vehicle (2021-2030) ($MN)
85 South America Automotive Drivetrain Market Outlook, By Heavy Commercial Vehicles (2021-2030) ($MN)
86 South America Automotive Drivetrain Market Outlook, By Buses (2021-2030) ($MN)
87 South America Automotive Drivetrain Market Outlook, By Trucks (2021-2030) ($MN)
88 South America Automotive Drivetrain Market Outlook, By Light Commercial Vehicles (2021-2030) ($MN)
89 South America Automotive Drivetrain Market Outlook, By Electric Vehicle (2021-2030) ($MN)
90 South America Automotive Drivetrain Market Outlook, By Battery Electric Vehicles (2021-2030) ($MN)
91 South America Automotive Drivetrain Market Outlook, By Plug-In Hybrid Electric Vehicles (2021-2030) ($MN)
92 South America Automotive Drivetrain Market Outlook, By Hybrid Electric Vehicles (2021-2030) ($MN)
93 South America Automotive Drivetrain Market Outlook, By Drive Type (2021-2030) ($MN)
94 South America Automotive Drivetrain Market Outlook, By Front Wheel Drive (2021-2030) ($MN)
95 South America Automotive Drivetrain Market Outlook, By Rear Wheel Drive (2021-2030) ($MN)
96 South America Automotive Drivetrain Market Outlook, By All-Wheel Drive (2021-2030) ($MN)
97 South America Automotive Drivetrain Market Outlook, By Technology (2021-2030) ($MN)
98 South America Automotive Drivetrain Market Outlook, By Central Motor (2021-2030) ($MN)
99 South America Automotive Drivetrain Market Outlook, By E-Axle (2021-2030) ($MN)
100 South America Automotive Drivetrain Market Outlook, By Wheel Hub Module (2021-2030) ($MN)
101 Middle East & Africa Automotive Drivetrain Market Outlook, By Country (2021-2030) ($MN)
102 Middle East & Africa Automotive Drivetrain Market Outlook, By Vehicle Type (2021-2030) ($MN)
103 Middle East & Africa Automotive Drivetrain Market Outlook, By Passenger Car (2021-2030) ($MN)
104 Middle East & Africa Automotive Drivetrain Market Outlook, By Commercial Vehicle (2021-2030) ($MN)
105 Middle East & Africa Automotive Drivetrain Market Outlook, By Heavy Commercial Vehicles (2021-2030) ($MN)
106 Middle East & Africa Automotive Drivetrain Market Outlook, By Buses (2021-2030) ($MN)
107 Middle East & Africa Automotive Drivetrain Market Outlook, By Trucks (2021-2030) ($MN)
108 Middle East & Africa Automotive Drivetrain Market Outlook, By Light Commercial Vehicles (2021-2030) ($MN)
112 Middle East & Africa Automotive Drivetrain Market Outlook, By Electric Vehicle (2021-2030) ($MN)
113 Middle East & Africa Automotive Drivetrain Market Outlook, By Battery Electric Vehicles (2021-2030) ($MN)
114 Middle East & Africa Automotive Drivetrain Market Outlook, By Plug-In Hybrid Electric Vehicles (2021-2030) ($MN)
115 Middle East & Africa Automotive Drivetrain Market Outlook, By Hybrid Electric Vehicles (2021-2030) ($MN)
116 Middle East & Africa Automotive Drivetrain Market Outlook, By Drive Type (2021-2030) ($MN)
117 Middle East & Africa Automotive Drivetrain Market Outlook, By Front Wheel Drive (2021-2030) ($MN)
118 Middle East & Africa Automotive Drivetrain Market Outlook, By Rear Wheel Drive (2021-2030) ($MN)
119 Middle East & Africa Automotive Drivetrain Market Outlook, By All-Wheel Drive (2021-2030) ($MN)
120 Middle East & Africa Automotive Drivetrain Market Outlook, By Technology (2021-2030) ($MN)
121 Middle East & Africa Automotive Drivetrain Market Outlook, By Central Motor (2021-2030) ($MN)
122 Middle East & Africa Automotive Drivetrain Market Outlook, By E-Axle (2021-2030) ($MN)
123 Middle East & Africa Automotive Drivetrain Market Outlook, By Wheel Hub Module (2021-2030) ($MN)
List of Figures
RESEARCH METHODOLOGY
We at ‘Stratistics’ opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.
Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.
Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.
Data Mining
The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.
Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.
Data Analysis
From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:
- Product Lifecycle Analysis
- Competitor analysis
- Risk analysis
- Porters Analysis
- PESTEL Analysis
- SWOT Analysis
The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.
Data Validation
The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.
We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.
The data validation involves the primary research from the industry experts belonging to:
- Leading Companies
- Suppliers & Distributors
- Manufacturers
- Consumers
- Industry/Strategic Consultants
Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.
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We provide a free 15% customization on every purchase. This requirement can be fulfilled for both pre and post sale. You may send your customization requirements through email at info@strategymrc.com or call us on +1-301-202-5929.
Note: This customization is absolutely free until it falls under the 15% bracket. If your requirement exceeds this a feasibility check will be performed. Post that, a quote will be provided along with the timelines.
WHY CHOOSE US ?
Assured Quality
Best in class reports with high standard of research integrity
24X7 Research Support
Continuous support to ensure the best customer experience.
Free Customization
Adding more values to your product of interest.
Safe & Secure Access
Providing a secured environment for all online transactions.
Trusted by 600+ Brands
Serving the most reputed brands across the world.