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Table of Contents
Driveline is the set of components of the automotive power train that lies between the transmission and differential. It generally consists of a drive shaft and universal joints. It is a mechanical element used to transmit torque and rotation, usually used to connect other components of a drive train that cannot be linked directly due to the distance or the need to permit for relative movement between them. The factors contributing in the growth of the market are stringent emission regulations by governments globally have force OEM’s to adopt the hybrid and electric vehicle technology, increasing demand for better fuel efficiency, increasing sales of electric & hybrid vehicles and rising per capita income.
Technological innovation in the field of automotive drivelines such as regenerative braking, automatic start-stop, E-CVT, and E-axle are the major driving forces for the automotive driveline. The choice of technology varies for a Hybrid Electric Vehicle (HEV), Plug-in Hybrid Electric Vehicle (PHEV), or Battery Electric Vehicle (BEV). Hence, the driveline market is reliant on the sales of electric and hybrid vehicles. The rising sales of electric and hybrid vehicles are driving the market for the automotive driveline.
The study covers a detailed analysis, growth and forecast of the Automotive Driveline Market. The report includes market analysis on global and regional level. The study covers historical data analysis from 2018 to 2023 and market forecast for 2024 to 2030 based on revenue generated. The study includes market value in terms of revenue in million USD for years 2018-2030 and compound annual growth rate (CAGR) in % from 2024 to 2030. The market is expected to show constant growth between 2024 to 2030.
The report comprises value chain analysis for each of the product segments. Value chain analysis offers in-depth information about value addition at each stage. The study includes drivers and restraints for Automotive Driveline Market along with their impact on demand during the forecast period. The study also provides key market indicators affecting the growth of the market. Research report includes major player analysis with shares of each player inside market, growth rate and market attractiveness in different end-users/regions. Our study Automotive Driveline Market helps users to make precise decision to expand their market presence and increase market share.
The report provides Automotive Driveline Market Dynamics, includes industry growth drivers, challenges, opportunities, risk, constraints as well as threats. Report also includes Manufacturing Cost Analysis mainly included Raw Materials Analysis, Price Trend of product, Mergers & Acquisitions, Expansion, Key Suppliers of product, Concentration Rate of Automotive Driveline Market, Manufacturing Process Analysis. Research Report contains Market Effect Factors analysis mainly included Technology Progress, Consumer Needs Trend, External Environmental Change.
Global Automotive Driveline Market: Product Type
Global Automotive Driveline Market: Application
Global Automotive Driveline Market: Competitive Analysis
Report includes accurate analysis of key players with Market Value, Company profile, SWOT analysis. The Study consists of following key players in Global Automotive Driveline Market:
Geographical analysis of Global Automotive Driveline Market:
Global Automotive Driveline Market Report delivers a comprehensive analysis of the following parameters:
Parameters | Details |
---|---|
Base Year |
2024 |
Historical Data |
2018-2023 |
Forecast Data |
2024-2030 |
Base Year Value (2024) |
USD 34660.05 million |
Forecast Value (2031) |
USD 104647.16 million |
CAGR (2025-2030) |
17.1 % |
Regional Scope |
North America, Europe, Asian Pacific, Latin America, Middle East and Africa, and ROW |
Automotive Driveline Market was valued at around USD 34660.05 million in 2023 & estimated to reach USD 104647.16 million by 2030.
Automotive Driveline Market is likely to grow at Compound Annual Growth Rate (CAGR) of 17.1% between 2024 to 2030.
Automotive Driveline Market is dominated by the Parallel Driveline segment and the North America region holds the highest market share in 2023.
Some of the top key players in the Automotive Driveline Market are
Primary driving factors for the growth of the Automotive Driveline Market include Stringent emission regulations by governments globally have force OEM?s to adopt the hybrid and electric vehicle technology, increasing demand for better fuel efficiency, increasing sales of electric & hybrid vehicles and rising per capita income.
Yes, the report includes COVID 19 impact on the market.
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