London, 20 October 2014 – According to research firm TechNavio, Global Hybrid Powertrain Systems Market will grow at a CAGR of 10.86 percent from 2014-2018, in response to increasing need for fuel-efficient, low-emissions vehicles.
About the Report
The latest report by TechNavio focuses on modified government legislation for carmakers, which makes it mandatory for carmakers to adhere to the new emission standards in all upcoming models. This has led to increases adoption of automatic transmission systems and hybrid powertrain systems, as these work more efficiently in automatic transmissions.
“Hybrids, plug-in hybrids, and electric vehicles have now become an alternative and the most viable solution to the emissions issue,” says Faisal Ghaus, Vice President of TechNavio.
“Governments worldwide are playing an active role in protecting the environment and are making efforts to reduce greenhouse gas emissions and the carbon footprint. Developed countries are taking a lead and helping developing countries invest more in technologies that reduce the negative impact on their environment.”
Key Information Covered in the Report:
Market segmentation, size and forecast through 2018
Market Growth Drivers:
- Fuel Economy
- For a full detailed list, view our report.
Market Challenges:
- Battery Issues
- For a full detailed list, view our report.
Market Trends:
- Growing Environmental Concerns
- For a full detailed list, view our report.
Key Vendors:
- Allison Transmission
- Bosch Group GmbH
- Eaton Corp.
- Siemens AG
Other Prominent Vendors:
- BAE Systems
- Continental
- Delphi Automotive
- Getrag
https://www.technavio.com/%3Cp%3E%3Ca%20href%3D%22http%3A//www.technavio….
