Driveline - Global Market Outlook (2018-2027)
According to Stratistics MRC, the Global Driveline Market is accounted for $19.97 billion in 2018 and is expected to reach $88.05 billion by 2027 growing at a CAGR of 17.92% during the forecast period. Growing demand for hybrid & electric vehicles and rising trend of parallel hybrid architecture over other driveline architectures are the factors driving the market growth. However, difficulty in maintaining optimum power-to-weight ratio is some of the factors restraining the market growth.
Driveline is designed to optimize automotive performance. In order to achieve optimal lubrication, proper knowledge of both equipment and properties of the base fluids and additives is essential. The additive added to transmission fluid formulations or gear oils decreases friction and removes heat. Intense pressure anti-wear additives are utilized to preclude wearing, scuffing, spalling, pitting, scoring, and various types of distress that may cause in equipment failure and downtime. Protection against copper corrosion, oxidation, rust, thermal degradation, and foaming is provided by using driveline.
Based on vehicle type, hybrid electric vehicle segment is estimated to have a lucrative growth in the forecast period due to rising focus on fuel efficiency and environmental concerns, automobile and other vehicle manufacturers have been developing and updating the system with torque converter with improved mechanical lockup, and neutral idle control features. As these components are highly used in HEVs, replacement of gasoline direct injection system or fuel vehicles with these components in order to reduce carbon emission is set to fuel the driveline. By geography, Asia Pacific is likely to have a huge demand due to heavy production and sales of hybrid and electric vehicles in the region. Also, the rising per capita income of the region’s widespread consumer base has created a favourable environment for the growth of the electric and hybrid vehicle market in Asia Pacific. China is one of the leaders in auto component exports.
Some of the key players in Global Driveline Market include ZF, Valeo, Schaeffler, Robert Bosch, itachi, GKN, Denso, Delphi, Continental, Borgwarner.
Vehicle Types Covered:
• Plug-In Electric Hybrid (PHEV)
• Hybrid Vehicles (HEV)
• Battery Electric Vehicle (BEV)
Power Electronics Covered:
• Power Control Unit
Transmission Types Covered:
• Electronic Continuously Variable Transmission (E-CVT)
• Dual Clutch Transmission (DCT)
• Automatic Transmission (AT)
Final Drives Covered:
Motor Outputs Covered:
• 45–100 kW
• 101–250 kW
• 10.4 >250 kW
Drive Types Covered:
• Rear Wheel Drive (RWD)
• Front Wheel Drive (FWD)
• All Wheel Drive (AWD)
• Power Split
• EV Driveline
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
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 2017, 2018, 2019, 2023 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis, etc.
- 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.
Select License Type
Best in class reports with high standard of research integrity
24X7 Research Support
Continuous support to ensure the best customer experience.
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.