Fact.MR estimates that the automotive powertrain market will grow at a CAGR of 5.2% between 2022 and 2032, a notable improvement compared to the 3.2% CAGR observed from 2017 to 2021.

The global automotive powertrain market is valued at USD 435.3 million in 2022 and is forecasted to surpass USD 719.3 million by 2032, driven by advancements in technology and increasing demand for efficient powertrain systems. It accounts for approximately 21% of the total market valuation of the global car and automobile industry and is projected to grow at a CAGR of 3.4% during the assessment period.

In Spain, the automotive powertrain market is anticipated to expand at a CAGR of 5.4% over the forecast period, losing 29 basis points (BPS) while presenting substantial growth opportunities.

By powertrain position type, the front-wheel drive segment holds a significant share, accounting for one-third of the global market. This segment is expected to grow at a CAGR of 4.8% during the forecast period, reflecting its sustained demand and versatility in various vehicle types.

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Competitive Landscape

Fact.MR's latest report offers in-depth insights into the price points, sales growth, production capacity, and technological advancements of leading automotive powertrain manufacturers across various regions.

Notable Industry Developments:

  • Ford Motors: In 2021, Ford unveiled the all-electric Ford F-100 truck with its Eliminator concept, highlighting the advantages of electric propulsion. The truck incorporates twin front and rear electric traction motors from the Mustang Mach-E GT Performance Edition and a battery-electric powertrain, delivering a combined 480 horsepower and 634 lb.-ft. of torque.
  • General Motors: In 2020, GM invested nearly USD 2 million to transition its Spring Hill plant in Tennessee for electric vehicle production, underscoring its commitment to sustainable mobility.

These advancements reflect the automotive industry’s increasing focus on electric powertrain solutions and the continued evolution toward energy-efficient and sustainable vehicle technologies.

𝐆𝐞𝐭 𝐂𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐚𝐭𝐢𝐨𝐧 𝐨𝐧 𝐭𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭 𝐟𝐨𝐫 𝐒𝐩𝐞𝐜𝐢𝐟𝐢𝐜 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐒𝐨𝐥𝐮𝐭𝐢𝐨𝐧𝐬: https://www.factmr.com/connectus/sample?flag=RC&rep_id=346

Global Automotive Powertrain Market Segments

By Position Type:

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

By Powertrain Type:

  • Gasoline Powertrain Type
  • Diesel Powertrain Type
  • Hybrid Powertrain Type
  • Battery Electric Vehicle Powertrain Type
  • Fuel Cell Powertrain Type

By Vehicle Type:

  • Compact Vehicles
  • Mid-Sized Vehicles
  • Premium Vehicles
  • Luxury Vehicles
  • Light Commercial Vehicles
  • Heavy Commercial Vehicles

By Region:

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia & Oceania
  • MEA

Rising Automotive Production Continues to Support Sales of Powertrain

Global automotive sales have shown strong performance in recent years, with China and the United States leading in both production and sales. As the U.S. economy continues its steady recovery, the country’s automotive industry is experiencing notable growth, particularly in the auto components sector.

Emerging markets such as Brazil, India, and Mexico are also gaining prominence, driven by a significant rise in demand for both commercial vehicles and passenger vehicles. These countries are becoming key contributors to the global automotive market’s expansion.

In 2016, Toyota, Volkswagen, Hyundai, General Motors, and Ford ranked as the top five manufacturers globally, reflecting the dynamic competition in the industry. The continuous increase in automotive production across regions remains a major factor propelling the growth of the global automotive powertrain market.

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New Automotive Regulations Driving New Technology & Innovation

The automotive powertrain market is driven by rising vehicle production, increasing demand for automated transmissions, and the growing trend of engine downsizing to enhance fuel efficiency and reduce emissions while maintaining performance.

Stringent emission regulations in Europe and North America are pushing manufacturers to adopt lightweight, fuel-efficient powertrains to meet environmental standards and improve vehicle performance.

This report offers a detailed analysis of the market, highlighting growth opportunities, challenges, competitive dynamics, and technological advancements. It covers key components of the powertrain system, including the engine, transmission, differentials, and driveshafts, which collectively determine vehicle efficiency and performance.

The market’s growth is further supported by government regulations, the rising demand for eco-friendly vehicles, and advancements in powertrain technology. Emerging markets and increased passenger car penetration are also significant contributors to regional market expansion.

𝐂𝐨𝐧𝐭𝐚𝐜𝐭:

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