DUBLIN--(BUSINESS WIRE)--The "Automotive Drivetrain Global Market Report 2022" report has been added to ResearchAndMarkets.com's offering.

The global automotive drivetrain market is expected to grow from $183.95 billion in 2021 to $202.40 billion in 2022 at a compound annual growth rate (CAGR) of 10%. The automotive drivetrain market is expected to grow to $268.53 billion in 2026 at a CAGR of 7.3%.

The main vehicle types of the automotive drivetrain are passenger cars, light commercial vehicles (LCV), heavy commercial vehicles (HCV), and electric vehicles. Passenger cars and automotive drivetrains are used in passenger cars. Passenger vehicles cannot accommodate more than 9 people, including the drivers, for the purpose of transporting passengers.

The different drive types include front-wheel drive, rear-wheel drive, and all-wheel drive and involve various technologies such as central motor, e-axle, and wheel hub module. The several transmission types include manual transmission, automatic transmission, continuous variable transmission, automated manual transmission, and dual-clutch transmission.

Asia Pacific was the largest region in the automotive drivetrain market in 2021. Asia Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the automotive drivetrain market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

The increasing adoption of electric vehicles is expected to propel the growth of the automotive drivetrain market going forward. Electric vehicles are those that are partially or fully powered by electricity. The increasing adoption of electric vehicles helps increase the demand for automotive drivetrains. Electric drivetrains have a single-speed transmission that sends power from the motor to the wheels.

For instance, in 2021, according to the International Energy Agency, a Paris-based intergovernmental organization, electric car sales more than doubled to 6.6 million, from 3 million in 2020, representing close to 9% of the global car market. Therefore, the increase in the adoption of electric vehicles will make the demand greater for automotive drivetrains.

Technological innovation is a key trend gaining popularity in the automotive drivetrain market. Companies operating in the automotive drivetrain market are focusing on new technological innovations to reinforce their position. For instance, in May 2022, Amsted Automotive, a US-based motor vehicle manufacturing company, introduced the Dynamic Controllable Clutch (DCC), an Electro-Mechanical E-axle Disconnect system, which provides seamless all-wheel drive (AWD) and 4WD disconnect and quick, reliable shifts. The Dynamic Controllable Clutch (DCC) technology allows the driveline system to engage and disengage the drive axles while conserving energy and maintaining on-road and off-road capabilities.

In February 2022, Cummins Inc., a US-based engine, filtration, and power generation products company, acquired Meritor for $3.7 billion. This acquisition will position Cummins as a leading provider of integrated powertrain solutions across combustion and electric power applications. Meritor is a US-based manufacturer and supplier of drivetrain, mobility, braking, aftermarket, and electric powertrain solutions for commercial vehicles and industrial markets.

Major players in the automotive drivetrain market are

  • Aisin Seiki Co.
  • BorgWarner Inc.
  • ZF Friedrichshafen AG
  • Showa Corporation
  • Schaeffler Group
  • American Axle and Manufacturing Inc.
  • Magna International Inc.
  • JTEKT Corporation
  • Axletech International
  • Continental AG
  • NIDEC Corporation
  • AVL List GmbH

Key Topics Covered:

1. Executive Summary

2. Automotive Drivetrain Market Characteristics

3. Automotive Drivetrain Market Trends And Strategies

4. Impact Of COVID-19 On Automotive Drivetrain

5. Automotive Drivetrain Market Size And Growth

5.1. Global Automotive Drivetrain Historic Market, 2016-2021, $ Billion

5.1.1. Drivers Of The Market

5.1.2. Restraints On The Market

5.2. Global Automotive Drivetrain Forecast Market, 2021-2026F, 2031F, $ Billion

5.2.1. Drivers Of The Market

5.2.2. Restraints On the Market

6. Automotive Drivetrain Market Segmentation

6.1. Global Automotive Drivetrain Market, Segmentation By Drive Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

  • Front-Wheel Drive
  • Rear-Wheel Drive
  • All-Wheel Drive

6.2. Global Automotive Drivetrain Market, Segmentation By Vehicle Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

  • Passenger Cars
  • Light Commercial Vehicle(LCV)
  • Heavy Commercial Vehicle(HCV)
  • Electric Vehicle

6.3. Global Automotive Drivetrain Market, Segmentation By Transmission, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

  • Manual Transmission
  • Automatic Transmission
  • Continuous Variable Transmission
  • Automated Manual Transmission
  • Dual-Clutch Transmission

6.4. Global Automotive Drivetrain Market, Segmentation By Technology, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

  • Central Motor
  • E-Axle
  • Wheel Hub Module

7. Automotive Drivetrain Market Regional And Country Analysis

7.1. Global Automotive Drivetrain Market, Split By Region, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

7.2. Global Automotive Drivetrain Market, Split By Country, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

For more information about this report visit https://www.researchandmarkets.com/r/66f2di

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