Automotive Multi-wheel Drive Systems Market 2015-2019 | Research, Strategies And Forecasts

The global automotive industry is focusing on the usage of technologically advanced drivetrain and safety systems to minimize accidents and mitigate the impact of accidents on both passengers and pedestrians. Subsequently, to ensure enhanced control and stability of the vehicle, OEMs developed multi-wheel drive systems to achieve the aforementioned objectives.

A drivetrain is a group of components that delivers power to the driving wheels. 4WD and AWD are the systems used in vehicles to allow four or all wheels of a vehicle to receive necessary torque from the engine. The AWD system has a differential, whereas the 4WD system does not have it.

The growing demand for SUVs, especially in the emerging markets such as Mexico, India, and China, is booting the growth of the market. Also, the acceptance of AWD systems in hybrid EVs and the growing awareness among consumers regarding the active safety features are propelling the growth of the market.

The report analysts forecast the global automotive multi-wheel drive market to grow at a CAGR of 6.52% during 2014-2019.

Covered in this report:

The global automotive multi-wheel drive market can be segmented into two divisions on the basis of wheel drive type: All-wheel drive (AWD) and four-wheel drive (4WD). In addition, the market can also be segmented into two divisions on the basis of transmission type: manual multi-wheel drive (manual MWD) and automatic multi-wheel drive (automatic MWD).

The report, Global Automotive Multi-wheel Drive Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects in the coming years.

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The report also includes a discussion of the Key vendors operating in this market.

Key regions

•     Americas    
•     APAC
•     EMEA

Key vendors

•     BorgWarner
•     Continental
•     JTEKT
•     Magna International
•     ZF Friedrichshafen

Other prominent vendors

•     American Axle Manufacturing
•     Dana Holding
•     GKN (GKN Driveline)
•     Oerlikon AG (Oerlikon Fairfield)

Key market driver

•     Rising demand for SUVs
•     For a full, detailed list, view our report

Market challenge

•     High ownership cost
•     For a full, detailed list, view our report

Key market trend

•     Adoption of AWD in hybrid EVs
•     For a full, detailed list, view our report

Key questions answered in this report

    What will the market size be in 2019 and what will the growth rate be?
    What are the key Market trends?
    What is driving this market?
    What are the challenges to market growth?
    Who are the Key vendors in this market space?
    What are the market opportunities and threats faced by the Key vendors?
    What are the strengths and weaknesses of the Key vendors?