- The key vendors in the Global Automotive Drivetrain Market 2015-2019 are Aisin Seiki Co. Ltd., BorgWarner Inc., GKN plc, JTEKT Corp. and ZF Friedrichshafen AG
London, 10 April 2015: TechNavio, an independent tech-focused global research firm, has announced the publication of its market research report on the Global Automotive Drivetrain Market 2015-2019. Rising demand for AWD automobiles is one of the key trends emerging in this market. Manufacturers have introduced the combination of electric motors with AWD. For instance, Lexus is using its Hybrid Synergy Drive as an AWD powertrain in its RX450h model. This system uses two electric motors, one in the front that works with the engine to power the two front wheels and another in the rear to power the rear wheels. The Global Automotive Drivetrain Market is expected to grow at a CAGR of 6.32% during the forecast period of 2014-2019.
“Because of the stringent fuel economy regulations and the rise in emission standards, the automotive manufacturers deliver vehicle performance and efficiency to their highest level,” says Faisal Ghaus, Vice President of Technavio Research.
“To meet these efficiency levels, new innovations such as CVP transmission technology and AWD technology have emerged. Manufacturers are producing a broad range of improved and efficient products such as drive shafts and axles for the drivetrain market.”
To define the market conditions in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
If you are interested in more information on this topic and our upcoming research on the Global Automotive Drivetrain Market 2015-2019; please send an e-mail to media@TechNavio.com
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