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Automotive Powertrain Systems Market Share

Report ID: GMI6878
Published Date: Oct 2023
Report Format: PDF

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Automotive Powertrain Systems Market Share

Some of the major companies operating in the automotive powertrain systems Industry are:

BorgWarner Inc.
Continental AG
Magna International Inc.
ZF Friedrichshafen AG
Allison Transmission Holdings Inc.
Aisin Seiki Co., Ltd.
Denso Corporation
GKN Automotive Limited
Valeo SA
Schaeffler AG
Hyundai Transys
JATCO Ltd.
Eaton Corporation
AVL List GmbH
Ricardo plc

These companies focus on strategic partnerships, new product launch & commercialization for market expansion. Furthermore, these companies are heavily investing in research that allows them to introduce innovative products and garner maximum revenue in the market.

Authors: Preeti Wadhwani, Aishvarya Ambekar

Frequently Asked Questions (FAQ) :

The market was of automotive powertrain systems reached USD 831 billion in 2022 and is set to cross USD 1.77 trillion by 2032, propelled by technological advancements, regulatory shifts, and changing consumer preferences.

Passenger Cars segment held a dominant market share of around 55% in 2022, backed by the evolving consumer preferences, environmental concerns, technological advancements, and shift toward electrification.

U.S. market size was valued at USD 97 billion revenue in 2022, characterized by a push for cleaner & more efficient powertrain systems, along with stringent emission regulations.

Allison Transmission Holdings Inc., Aisin Seiki Co., Ltd., Denso Corporation, GKN Automotive Limited, Valeo SA, Schaeffler AG, Hyundai Transys, JATCO Ltd., Eaton Corporation, AVL List GmbH, Ricardo plc.