Automotive Multi-Wheel Drive Systems estimated at 17.5 Million Units in the year 2020, is projected to reach a revised size of 27.3 Million Units by 2027, growing at a CAGR of 6% over the analysis period 2021-2027.
The multi-wheel drive system consists of a 2×2, 4×4, 6×6 or 8×8 drivetrain system with a differential between the front and rear driveshafts. Vehicles with a 4 x 4 drive system supply power from the engine to both the front and rear axles. However, the 4 x 4 drive system does not manage the power of individual wheels, causing problems during high-speed rotation. The four-wheel-drive (AWD) system introduced the concept of differential power, which allows the vehicle to control the torque it receives from each wheel. Thus
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Market segmentation
By Type/Product, Automotive Multi Wheel Drive (AWD) Systems market has been segmented into: By Technology, By Component
By Application/End User, Automotive Multi Wheel Drive (AWD) Systems has been segmented into: Passenger Cars, Commercial Vehicles
The major players covered in the reports are:
Borg Warner, Continental AG, ZF Friedrichshafen, JTKT Corporation, Magna International, American Axle Manufacturing, Eaton Corporation, GKN Plc, Dana Holding Corporation, Oerlikon, Mitsubishi Motors.
Scope of the Report
The research study analyzes the global Automotive Multi Wheel Drive (AWD) Systems industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Automotive Multi Wheel Drive (AWD) Systems Market Report
1. What was the Automotive Multi Wheel Drive (AWD) Systems Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).
- What will be the CAGR of Automotive Multi Wheel Drive (AWD) Systems Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Automotive Multi Wheel Drive (AWD) Systems Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
The report covers the following objectives:
- Proliferation and maturation of trade in the global Automotive Multi Wheel Drive (AWD) Systems market.
- The market share of the global Automotive Multi Wheel Drive (AWD) Systems market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the global Automotive Multi Wheel Drive (AWD) Systems market.
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Automotive Multi Wheel Drive (AWD) Systems market.
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