Latest industry analysis by Fact MR, predicts sales of Rear Wheel Drive Automotive Powertrain to swell at propelled CAGR through 2031, as automotive sales gradually recover across the world. The report is intended at presenting insights into hidden growth opportunities and challenges. It also offers recommendations to help businesses to prep for unforeseen challenges.
The market intelligence study therefore includes demographics analysis so market players can plan their product and marketing strategy. It offers sales outlook in 20+ countries. It identifies the most lucrative segments to assist companies in creating winning strategies for future.
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Global Automotive Powertrain Market Segments
By Position Type, Global Automotive Powertrain Market is segmented as:
- Front Wheel Drive
- Rear Wheel Drive
- All Wheel Drive
By Powertrain Type, Global Automotive Powertrain Market is segmented as:
- Gasoline Powertrain Type
- Diesel Powertrain Type
- Hybrid Powertrain Type
- Battery Electric Vehicle Powertrain Type
- Fuel Cell Powertrain Type
By Vehicle Type, Global Automotive Powertrain Market is segmented as:
- Compact Vehicles
- Mid-Sized Vehicles
- Premium Vehicles
- Luxury Vehicles
- Light Commercial Vehicles
- Heavy Commercial Vehicles
By Region, Global Automotive Powertrain Market is segmented as:
- North America
- Latin America
- East Asia
- South Asia & Oceania
Competitive Landscape: Top Companies in Automotive Powertrain Market
Despite the growing popularity of contemporary powertrain concepts, a majority of manufacturers are still focused on use of traditional technology. In addition, the existing manufacturing infrastructure acts as a serious drawback when it comes to integrating new concepts.
Further, they usually do not offer any cost benefits for new powertrain configurations. Because the conventional facilities leave very little room for new concepts to expedite, manufacturers are bound to invest on constructing new facilities, which may not be a feasible option for many. Technological diversification and ostensibly endless combinations of technical solutions with specific requirements continue to increase the level of complexity for market players.
Fact.MR has provided detailed information about price points of top manufacturers of automotive powertrain positioned across regions, sales growth, production capacity, and speculative technological expansion in the recently published report.
- In 2021, Ford Motors have launched All-electric Ford F-100 truck with eliminator concept and showed numerous benefits of electric propulsion by bringing Mustang Mach-E GT Performance Edition twin rear and front electric traction motors and battery electric powertrain that produce a combined 480 horsepower and 634 lb.-ft. of torque
- In 2020, General Motors have invested nearly USD 2 Million in transition spring hill based Tennessee plant to manufacture electric vehicles