Market Overview

The Global Automotive Powertrain Market was valued at USD 917,902.0 million in 2023 and is expected to reach USD 2,968,006.2 million by 2031 while growing at a CAGR of 15.8% during the forecast period (2024-2031).

 *Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Market Dynamics

This section of the report will analyze various driving and restraining factors that are expected to have a significant impact on the global automotive powertrain market growth. The automotive powertrain, crucial for vehicle movement, is a system of components that generate and deliver power to the wheels. It typically includes the engine or motor, transmission, driveshaft, differentials, and wheels, with configurations varying based on the vehicle type and intended use.

Increasing demand for fuel efficiency, along with continuous advancements in automotive powertrain technologies such as engine efficiency improvements, transmission innovations, and electrification, is driving the growth of the automotive powertrain market. However, obstacles such as high initial costs, technological challenges, and reliability concerns may hinder market expansion.

Furthermore, the global automotive powertrain industry will be analyzed through various tools including PESTLE analysis, and Porter’s analysis.

Segmentation – By Propulsion Type Analysis

The Global Automotive Powertrain Market is segmented among ICE (Gasoline, Diesel, and Natural Gas Vehicle), and Electric Vehicle (BEV, and PHEV), based on Propulsion Type. In 2023, ICE accounted for the majority of the market share*.

 *Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Segmentation – By Vehicle Type Analysis

The Global Automotive Powertrain Market is segmented among Passenger Vehicle, and Commercial Vehicle, based on Vehicle Type. In 2023, Passenger Vehicle accounted for the majority of the market share*.

 *Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Global Automotive Powertrain Market: Regional Analysis

Based on region, the market is divided into six regions including North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. In 2023, Asia Pacific dominated the market with the highest market share, while Europe is expected to grow with the highest CAGR during the forecast period (2024 – 2031).

 *Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Competitive Landscape

Some of the key players operating in the market are BorgWarner Inc., Continental AG, Magna International Inc., Marelli Holdings Co., Ltd., Mitsubishi Electric Corporation, NIDEC CORPORATION, Robert Bosch GmbH, Schaeffler AG, Friedrichshafen AG, and VALEO.

Table of Contents:

1. Research Methodology and Market Scope

• Research Methodology

• Market Scope

2. Executive Summary

3. Global Automotive Powertrain Market Dynamics

• Drivers

• Restraints

• Opportunity

4. Global Automotive Powertrain Industry Analysis

• PEST Analysis

• Porter's Five Force Analysis

• Recent Deals Analysis

5. Global Automotive Powertrain Market Segmentation, By Propulsion Type

• Global Automotive Powertrain Market Share Analysis, By Propulsion Type

• Global Automotive Powertrain Market Growth Analysis, By Propulsion Type

• Global Automotive Powertrain Market Trends, By Propulsion Type

o ICE

Ø Gasoline

Ø Diesel

Ø Natural Gas Vehicle

o Electric Vehicle

Ø BEV

Ø PHEV

6. Global Automotive Powertrain Market Segmentation, By Vehicle Type

• Global Automotive Powertrain Market Share Analysis, By Vehicle Type

• Global Automotive Powertrain Market Growth Analysis, By Vehicle Type

• Global Automotive Powertrain Market Trends, By Vehicle Type

o Passenger Vehicle

o Commercial Vehicle

7. Global Automotive Powertrain Market Segmentation, By Application

• Global Automotive Powertrain Market Share Analysis, By Application

• Global Automotive Powertrain Market Growth Analysis, By Application

• Global Automotive Powertrain Market Trends, By Application

o Research Laboratories and Institutes

o Biotechnology and Biopharmaceutical Companies

o Other Application

8. Global Automotive Powertrain Market Segmentation, By Region

• Global Automotive Powertrain Market Share Analysis, By Region

• Global Automotive Powertrain Market Growth Analysis, By Region

• Global Automotive Powertrain Market Trends, By Region

o North America

o Europe

o Asia Pacific

o Latin America

o Middle East

o Africa

9. Competitive Landscape

• BorgWarner Inc.*

o Company Overview

o Financial Performance

o Key Development/Strategies

o SWOT Analysis

• Continental AG

• Magna International Inc.

• Marelli Holdings Co., Ltd.

• Mitsubishi Electric Corporation

• NIDEC CORPORATION

• Robert Bosch GmbH

• Schaeffler AG

• Friedrichshafen AG

• VALEO

 *Similar analysis will be provided for each company listed above.