Automotive Drivetrain Market 2019-2023 | Surging Demand for Automobiles to Boost Growth | Technavio

Technavio has been monitoring the automotive drivetrain market and it is poised to grow by USD 45.36 billion during 2019-2023, progressing at a CAGR of 3% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

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Technavio has announced its latest market research report titled global automotive drivetrain market 2019-2023 (Graphic: Business Wire)

Surging demand for automobiles has been instrumental in driving the growth of the market. However, improper balancing of propeller shafts might hamper market growth. Request a free sample report

Automotive Drivetrain Market 2019-2023: Segmentation

Automotive Drivetrain Market is segmented as below:

Application

• 2WD
• AWD/4WD
• Others

Geographic segmentation

• North America
• APAC
• Europe
• South America
• MEA

To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR30713

Automotive Drivetrain Market 2019-2023: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our automotive drivetrain market report covers the following areas:

• Automotive Drivetrain Market Size
• Automotive Drivetrain Market Trends
• Automotive Drivetrain Market Industry Analysis

This study identifies use of carbon fiber for making drivetrain components as one of the prime reasons driving the automotive drivetrain market growth during the next few years.

Automotive Drivetrain Market 2019-2023: Vendor Analysis

We provide a detailed analysis of around 25 vendors operating in the automotive drivetrain market, including some of the vendors such as American Axle & Manufacturing, BorgWarner, GKN (Melrose Industries), Magna International and ZF Friedrichshafen. Backed with competitive intelligence and benchmarking, our research reports on the automotive drivetrain market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.

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Automotive Drivetrain Market 2019-2023: Key Highlights

• CAGR of the market during the forecast period 2019-2023
• Detailed information on factors that will assist automotive drivetrain market growth during the next five years
• Estimation of the automotive drivetrain market size and its contribution to the parent market
• Predictions on upcoming trends and changes in consumer behavior
• The growth of the automotive drivetrain market
• Analysis of the market’s competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of automotive drivetrain market vendors

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View source version on businesswire.com: https://www.businesswire.com/news/home/20200211005583/en/