Global Automotive Powertrain Market to reach USD XXX million by 2027.Global Automotive Powertrain Market is valued approximately at USD XXX Million in 2020 and is anticipated to grow with a healthy growth rate of more than 5% over the forecast period 2021-2027. An automotive powertrain is an assembly of various components that pushes vehicle forward. The global Automotive Powertrain market is being driven by rapid growth in trend of downsized engines and increase in demand for automatic transmissions. Furthermore, the sales and penetration of cars, will provide new opportunities for the global Automotive Powertrain industry. For instance, according to the report of International European Agency, around 3 million new electric cars were registered in the year 2020, which depicts the increase of around 41% as compared to the year 2019. As a result, increased sales of cars across the world will necessitate the use of more automotive powertrain in the manufacturing of different automobile parts, which will serve as a catalyst for the Automotive Powertrain industry in the future. However, stringent emission norms, may impede market growth over the forecast period of 2021-2027.

Asia Pacific, North America, Europe, Latin America, and Rest of the World are the key region considered for the regional analysis of global automotive powertrain market. Rise in number of vehicles production and increase in penetration of passenger cars in various region makes Asia Pacific the leading region across the world in terms of market share. Whereas North America is also anticipated to exhibit the highest growth rate over the forecast period 2021-2027, rising demand for usages of advanced powertrains that are light weight and helps in increase in fuel efficiency and reducing carbon emission .
Major market player included in this report are:

Aisin Seiki Co., Ltd.
Borgwarner Inc.
Ford Motor Company
General Motors Company
GKN PLC
Hyundai Motor Company
Jtekt Corporation
Toyota Motor Corporation
Volkswagen AG
ZF Friedrichshafen AG


The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Vehicle Type:
Passenger Cars (PCS)
Light Commercial Vehicles (LCVs)
Heavy Commercial Vehicles (HCVs)
By Position/Drive Type:
Front-Wheel Drive (Fwd)
Rear-Wheel Drive (Rwd)
All-Wheel Drive (Awd)
By Type:
Front-Wheel Drive (Fwd)
Rear-Wheel Drive (Rwd)
All-Wheel Drive (Awd)
By Type:
Gasoline
Diesel


By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year - 2018, 2019
Base year - 2020
Forecast period - 2021 to 2027.

Target Audience of the Global Automotive Powertrain Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors