Enjoy complimentary customisation on priority with our Enterprise License!
The automotive drivetrain market size is forecast to increase by USD 75.5 billion at a CAGR of 6.75% between 2023 and 2028. The global market is experiencing significant growth due to several key trends. The increasing demand for commercial vehicles, driven by the growth of the logistics and transportation sectors, is a major factor fueling market growth. Additionally, the rising preference for luxury vehicles, particularly in emerging economies, is boosting the market. However, the uncertainty in the automotive industry, including regulatory changes and economic instability, presents challenges for market participants. Despite these challenges, the market is expected to continue its growth trajectory, driven by advancements in technology and the increasing focus on fuel efficiency and emissions reduction. The market is also witnessing a shift towards electric and hybrid drivetrains, as governments and consumers push for more sustainable transportation solutions. Overall, the market is poised for strong growth in the coming years.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Application
7 Market Segmentation by Vehicle Type
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
Get lifetime access to our
Technavio Insights
Quick Report Overview:
Cookie Policy
The Site uses cookies to record users' preferences in relation to the functionality of accessibility. We, our Affiliates, and our Vendors may store and access cookies on a device, and process personal data including unique identifiers sent by a device, to personalise content, tailor, and report on advertising and to analyse our traffic. By clicking “I’m fine with this”, you are allowing the use of these cookies. Please refer to the help guide of your browser for further information on cookies, including how to disable them. Review our Privacy & Cookie Notice.
Get the report (PDF) sent to your email within minutes.