Automotive Powertrain Market: Surge in Production of the Electronic Vehicles is Projected to Fuel Demand
June 19, 2019 by Steve Blade
Automotive Powertrain Market Trends, Automotive Powertrain Market Overview, Automotive Powertrain Market Trends, Automotive Powertrain Market Scope, Automotive Powertrain Market Share, Automotive Powertrain Market
The report provides a robust analysis on the automotive powertrain market underpinned by qualitative and quantitative analysis. The report sheds light on the segregation of the market to provide an in-depth view of the market. Further, the report delineates the dynamics of the market which have significant impact on the development of the lithography market: drivers, restraints, trends and opportunities.
Against the backdrop of unsustainable petroleum consumption, governments are propelling environmental regulations for automotive manufacturers. Sophisticated vehicle technologies have shown their mettle for lessening fuel consumption and vehicle emissions. A coherent research into vehicle electrification has become the latest automotive trend as hybrid electric vehicles (HEVs) and battery elective vehicles (BEVs) offer capacity for plethora of energy savings.
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Table of Content
1. Global Outlook
2. Global Automotive Powertrain Market - Executive Summary
3. Global Automotive Powertrain Market Overview
To be Continue...........
According to the report, demand for mid-sized vehicles is projected to spurt in the wake of relatively cheaper prices. On the other hand, battery electric vehicle segment is expected to observe the fastest growth in the automotive powertrain market.
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Factors Fuelling Global Market Growth
Growth of the global automotive powertrain market is mainly bound to various macro-economic and micro-economic factors. With the increasing demand for optimize fuel ignition and ignition, sales of the automotive powertrain will continue to increase significantly. In order to improve the efficiency of the automotive engine, manufacturers are mainly focusing on integrating engine management sensors. Growing demand for increasing acceleration, high towing capacity, gaining traction and generate power in the engine is projected to rev up sales of the automotive powertrain significantly.
The sale of automotive powertrain is anticipated to rise substantially owing to soaring demand for high towering capacity, propelling acceleration and generating power in the engine. Meanwhile, there has been growing traction for plug-in hybrid electric vehicle (PHEV) which presents the ability to charge deplete the battery like a battery electric vehicles for improved efficiency on short trips and the ability to consumer fuel for longer trips. Accordingly, plug-in hybrid electric vehicle provides fuel saving potential vis-à-vis conventional vehicles.
Automotive Powertrain Market: Competitive Landscape
Leading market players operating in the global automotive powertrain market include General Motors, Ford Motors, Volkswagen Group, Hyundai, Toyota, BorgWarner Inc., JTEKT Corp., GKN plc., Magna Powertrain Ltd. and Delphi Automobile LLP.
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