MarketersMEDIA / Newsroom / Global Driveline Market is expected to reach $88.05 billion by 2027 growing at a CAGR 17.9% during 2018 to 2027.

Global Driveline Market is expected to reach $88.05 billion by 2027 growing at a CAGR 17.9% during 2018 to 2027.

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Some of the key players in Global Driveline Market include ZF, Valeo, Schaeffler, Robert Bosch, itachi, GKN, Denso, Delphi, Continental, Borgwarner.

— Rising demand for perishable foods and development in the refrigerated warehousing industry are the factors driving the market growth. However, more energy consumption & infrastructure costs are some of the factors restraining the market growth.

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Driveline is designed to optimize automotive performance. In order to achieve optimal lubrication, proper knowledge of both equipment and properties of the base fluids and additives is essential. The additive added to transmission fluid formulations or gear oils decreases friction and removes heat. Intense pressure anti-wear additives are utilized to preclude wearing, scuffing, spalling, pitting, scoring, and various types of distress that may cause in equipment failure and downtime. Protection against copper corrosion, oxidation, rust, thermal degradation, and foaming is provided by using driveline.

Based on vehicle type, hybrid electric vehicle segment is estimated to have a lucrative growth in the forecast period due to rising focus on fuel efficiency and environmental concerns, automobile and other vehicle manufacturers have been developing and updating the system with torque converter with improved mechanical lockup, and neutral idle control features. As these components are highly used in HEVs, replacement of gasoline direct injection system or fuel vehicles with these components in order to reduce carbon emission is set to fuel the driveline.

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By geography, Asia Pacific is likely to have a huge demand due to heavy production and sales of hybrid and electric vehicles in the region. Also, the rising per capita income of the region’s widespread consumer base has created a favourable environment for the growth of the electric and hybrid vehicle market in Asia Pacific. China is one of the leaders in auto component exports.

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Vehicle Types Covered:
• Plug-In Electric Hybrid (PHEV)
• Hybrid Vehicles (HEV)
• Battery Electric Vehicle (BEV)

Power Electronics Covered:
• Power Control Unit
• Inverter
• Converter

Transmission Types Covered:
• Electronic Continuously Variable Transmission (E-CVT)
• Dual Clutch Transmission (DCT)
• Automatic Transmission (AT)

Final Drives Covered:
• E-Axle
• Differential

Motor Outputs Covered:
• 45–100 kW
• 101–250 kW
• 10.4 >250 kW

Drive Types Covered:
• Rear Wheel Drive (RWD)
• Front Wheel Drive (FWD)
• All Wheel Drive (AWD)

Architectures Covered:
• Series
• Power Split
• Parallel
• EV Driveline

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub-segments, and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

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Source URL: https://marketersmedia.com/global-driveline-market-is-expected-to-reach-8805-billion-by-2027-growing-at-a-cagr-179-during-2018-to-2027/88949042

Source: MarketersMedia

Release ID: 88949042

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