Product Code: ETC13410761 | Publication Date: Apr 2025 | Updated Date: Jul 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Shubham Deep | No. of Pages: 190 | No. of Figures: 80 | No. of Tables: 40 |
According to 6Wresearch internal database and industry insights, the Global Automotive Powertrain Market was valued at USD 193.2 Billion in 2024 and is expected to reach USD 258.1 Billion by 2031, growing at a compound annual growth rate of 5.30% during the forecast period (2025-2031).
The Global Automotive Powertrain Market is experiencing significant growth driven by technological advancements, increasing demand for fuel-efficient vehicles, and stringent emission regulations. The powertrain system, which includes the engine, transmission, and other components, is crucial for vehicle performance and efficiency. The market is witnessing a shift towards electric and hybrid powertrains to reduce emissions and meet sustainability goals. Additionally, advancements in connected technologies and automated driving systems are influencing the development of powertrain components. Major players in the market are investing in research and development to introduce innovative solutions and cater to the evolving needs of the automotive industry. The Asia-Pacific region dominates the market due to the presence of key automotive manufacturers and a growing demand for vehicles.
The Global Automotive Powertrain Market is experiencing a shift towards electrification as governments worldwide push for stricter emission regulations and automakers focus on developing electric and hybrid vehicles. This transition towards cleaner powertrains has opened up opportunities for manufacturers of electric motors, batteries, and other components. Additionally, advancements in transmission technologies, such as dual-clutch and continuously variable transmissions, are gaining popularity for their improved fuel efficiency and performance. The integration of connectivity and automation in powertrain systems is another emerging trend, enhancing vehicle efficiency and driving experience. Overall, the market is ripe for innovation and collaboration as companies strive to meet evolving consumer demands for greener and smarter automotive powertrains.
The Global Automotive Powertrain Market faces several challenges, including the increasing shift towards electric vehicles and the need to comply with stringent emission regulations. The rapid advancements in technology and the rising demand for fuel-efficient vehicles also pose challenges for traditional powertrain systems. Additionally, the complexity involved in developing new powertrain technologies, such as hybrid and electric systems, adds to the challenges faced by automotive manufacturers. Supply chain disruptions, fluctuating raw material prices, and the high costs associated with research and development further contribute to the challenges in the automotive powertrain market. Overall, the industry must navigate these obstacles to stay competitive and meet the evolving needs of consumers and regulatory bodies.
The Global Automotive Powertrain Market is primarily driven by factors such as increasing demand for fuel-efficient vehicles due to stringent emission regulations, advancements in transmission technology for improved performance and efficiency, and the growing trend towards electric and hybrid vehicles. Additionally, the rising focus on reducing carbon footprint and enhancing overall vehicle efficiency is propelling the market growth. The shift towards lightweight materials in powertrain components, along with the integration of advanced technologies like turbocharging and downsizing, are further fueling the market expansion. Moreover, the increasing disposable income levels and urbanization leading to higher vehicle sales in emerging economies are also contributing to the growth of the automotive powertrain market.
Government policies related to the Global Automotive Powertrain Market primarily focus on promoting the adoption of electric and alternative fuel vehicles to reduce emissions and dependence on fossil fuels. Many countries have set targets for phasing out internal combustion engine vehicles and incentivize the production and purchase of electric vehicles through subsidies, tax credits, and regulatory measures. Additionally, there are regulations in place to improve fuel efficiency standards for traditional powertrains and encourage research and development in advanced powertrain technologies. Governments also prioritize investments in charging infrastructure and battery technology to support the growth of the electric vehicle market. Overall, the regulatory landscape in the automotive powertrain market is shifting towards sustainability and innovation to address environmental concerns and promote energy efficiency.
The Global Automotive Powertrain Market is expected to witness steady growth in the coming years, driven by factors such as increasing demand for fuel-efficient vehicles, stringent emission regulations, and advancements in electric and hybrid vehicle technology. The shift towards electric and hybrid powertrains is likely to be a key trend, with automakers investing heavily in developing sustainable and environmentally friendly solutions. Additionally, the adoption of automatic and continuously variable transmissions (CVTs) is expected to increase, enhancing driving performance and efficiency. However, challenges such as high costs of electric vehicles and limited charging infrastructure may hinder the market growth to some extent. Overall, the automotive powertrain market is poised for expansion, with a focus on innovation and sustainability shaping its future trajectory.
In the Global Automotive Powertrain Market, Asia is expected to dominate in terms of market share due to the presence of key automotive manufacturing hubs like China, Japan, and South Korea. North America is anticipated to witness steady growth driven by technological advancements in powertrain systems and the increasing demand for electric vehicles. Europe is a mature market with a focus on reducing emissions, leading to a growing adoption of hybrid and electric powertrains. The Middle East and Africa region is expected to experience moderate growth, driven by infrastructure development and rising disposable incomes. Latin America is projected to show significant growth potential due to increasing investments in the automotive sector and government initiatives promoting sustainable transportation solutions.
Global Automotive Powertrain Market |
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Global Automotive Powertrain Market Overview |
3.1 Global Regional Macro Economic Indicators |
3.2 Global Automotive Powertrain Market Revenues & Volume, 2021 & 2031F |
3.3 Global Automotive Powertrain Market - Industry Life Cycle |
3.4 Global Automotive Powertrain Market - Porter's Five Forces |
3.5 Global Automotive Powertrain Market Revenues & Volume Share, By Regions, 2021 & 2031F |
3.6 Global Automotive Powertrain Market Revenues & Volume Share, By Position, 2021 & 2031F |
3.7 Global Automotive Powertrain Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
3.8 Global Automotive Powertrain Market Revenues & Volume Share, By Engine Type, 2021 & 2031F |
4 Global Automotive Powertrain Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Global Automotive Powertrain Market Trends |
6 Global Automotive Powertrain Market, 2021 - 2031 |
6.1 Global Automotive Powertrain Market, Revenues & Volume, By Position, 2021 - 2031 |
6.1.1 Overview & Analysis |
6.1.2 Global Automotive Powertrain Market, Revenues & Volume, By FWD, 2021 - 2031 |
6.1.3 Global Automotive Powertrain Market, Revenues & Volume, By RWD, 2021 - 2031 |
6.1.4 Global Automotive Powertrain Market, Revenues & Volume, By AWD, 2021 - 2031 |
6.2 Global Automotive Powertrain Market, Revenues & Volume, By Vehicle Type, 2021 - 2031 |
6.2.1 Overview & Analysis |
6.2.2 Global Automotive Powertrain Market, Revenues & Volume, By Passenger Car, 2021 - 2031 |
6.2.3 Global Automotive Powertrain Market, Revenues & Volume, By LCV, 2021 - 2031 |
6.2.4 Global Automotive Powertrain Market, Revenues & Volume, By HCV, 2021 - 2031 |
6.3 Global Automotive Powertrain Market, Revenues & Volume, By Engine Type, 2021 - 2031 |
6.3.1 Overview & Analysis |
6.3.2 Global Automotive Powertrain Market, Revenues & Volume, By Gasoline, 2021 - 2031 |
6.3.3 Global Automotive Powertrain Market, Revenues & Volume, By Diesel, 2021 - 2031 |
7 North America Automotive Powertrain Market, Overview & Analysis |
7.1 North America Automotive Powertrain Market Revenues & Volume, 2021 - 2031 |
7.2 North America Automotive Powertrain Market, Revenues & Volume, By Countries, 2021 - 2031 |
7.2.1 United States (US) Automotive Powertrain Market, Revenues & Volume, 2021 - 2031 |
7.2.2 Canada Automotive Powertrain Market, Revenues & Volume, 2021 - 2031 |
7.2.3 Rest of North America Automotive Powertrain Market, Revenues & Volume, 2021 - 2031 |
7.3 North America Automotive Powertrain Market, Revenues & Volume, By Position, 2021 - 2031 |
7.4 North America Automotive Powertrain Market, Revenues & Volume, By Vehicle Type, 2021 - 2031 |
7.5 North America Automotive Powertrain Market, Revenues & Volume, By Engine Type, 2021 - 2031 |
8 Latin America (LATAM) Automotive Powertrain Market, Overview & Analysis |
8.1 Latin America (LATAM) Automotive Powertrain Market Revenues & Volume, 2021 - 2031 |
8.2 Latin America (LATAM) Automotive Powertrain Market, Revenues & Volume, By Countries, 2021 - 2031 |
8.2.1 Brazil Automotive Powertrain Market, Revenues & Volume, 2021 - 2031 |
8.2.2 Mexico Automotive Powertrain Market, Revenues & Volume, 2021 - 2031 |
8.2.3 Argentina Automotive Powertrain Market, Revenues & Volume, 2021 - 2031 |
8.2.4 Rest of LATAM Automotive Powertrain Market, Revenues & Volume, 2021 - 2031 |
8.3 Latin America (LATAM) Automotive Powertrain Market, Revenues & Volume, By Position, 2021 - 2031 |
8.4 Latin America (LATAM) Automotive Powertrain Market, Revenues & Volume, By Vehicle Type, 2021 - 2031 |
8.5 Latin America (LATAM) Automotive Powertrain Market, Revenues & Volume, By Engine Type, 2021 - 2031 |
9 Asia Automotive Powertrain Market, Overview & Analysis |
9.1 Asia Automotive Powertrain Market Revenues & Volume, 2021 - 2031 |
9.2 Asia Automotive Powertrain Market, Revenues & Volume, By Countries, 2021 - 2031 |
9.2.1 India Automotive Powertrain Market, Revenues & Volume, 2021 - 2031 |
9.2.2 China Automotive Powertrain Market, Revenues & Volume, 2021 - 2031 |
9.2.3 Japan Automotive Powertrain Market, Revenues & Volume, 2021 - 2031 |
9.2.4 Rest of Asia Automotive Powertrain Market, Revenues & Volume, 2021 - 2031 |
9.3 Asia Automotive Powertrain Market, Revenues & Volume, By Position, 2021 - 2031 |
9.4 Asia Automotive Powertrain Market, Revenues & Volume, By Vehicle Type, 2021 - 2031 |
9.5 Asia Automotive Powertrain Market, Revenues & Volume, By Engine Type, 2021 - 2031 |
10 Africa Automotive Powertrain Market, Overview & Analysis |
10.1 Africa Automotive Powertrain Market Revenues & Volume, 2021 - 2031 |
10.2 Africa Automotive Powertrain Market, Revenues & Volume, By Countries, 2021 - 2031 |
10.2.1 South Africa Automotive Powertrain Market, Revenues & Volume, 2021 - 2031 |
10.2.2 Egypt Automotive Powertrain Market, Revenues & Volume, 2021 - 2031 |
10.2.3 Nigeria Automotive Powertrain Market, Revenues & Volume, 2021 - 2031 |
10.2.4 Rest of Africa Automotive Powertrain Market, Revenues & Volume, 2021 - 2031 |
10.3 Africa Automotive Powertrain Market, Revenues & Volume, By Position, 2021 - 2031 |
10.4 Africa Automotive Powertrain Market, Revenues & Volume, By Vehicle Type, 2021 - 2031 |
10.5 Africa Automotive Powertrain Market, Revenues & Volume, By Engine Type, 2021 - 2031 |
11 Europe Automotive Powertrain Market, Overview & Analysis |
11.1 Europe Automotive Powertrain Market Revenues & Volume, 2021 - 2031 |
11.2 Europe Automotive Powertrain Market, Revenues & Volume, By Countries, 2021 - 2031 |
11.2.1 United Kingdom Automotive Powertrain Market, Revenues & Volume, 2021 - 2031 |
11.2.2 Germany Automotive Powertrain Market, Revenues & Volume, 2021 - 2031 |
11.2.3 France Automotive Powertrain Market, Revenues & Volume, 2021 - 2031 |
11.2.4 Rest of Europe Automotive Powertrain Market, Revenues & Volume, 2021 - 2031 |
11.3 Europe Automotive Powertrain Market, Revenues & Volume, By Position, 2021 - 2031 |
11.4 Europe Automotive Powertrain Market, Revenues & Volume, By Vehicle Type, 2021 - 2031 |
11.5 Europe Automotive Powertrain Market, Revenues & Volume, By Engine Type, 2021 - 2031 |
12 Middle East Automotive Powertrain Market, Overview & Analysis |
12.1 Middle East Automotive Powertrain Market Revenues & Volume, 2021 - 2031 |
12.2 Middle East Automotive Powertrain Market, Revenues & Volume, By Countries, 2021 - 2031 |
12.2.1 Saudi Arabia Automotive Powertrain Market, Revenues & Volume, 2021 - 2031 |
12.2.2 UAE Automotive Powertrain Market, Revenues & Volume, 2021 - 2031 |
12.2.3 Turkey Automotive Powertrain Market, Revenues & Volume, 2021 - 2031 |
12.3 Middle East Automotive Powertrain Market, Revenues & Volume, By Position, 2021 - 2031 |
12.4 Middle East Automotive Powertrain Market, Revenues & Volume, By Vehicle Type, 2021 - 2031 |
12.5 Middle East Automotive Powertrain Market, Revenues & Volume, By Engine Type, 2021 - 2031 |
13 Global Automotive Powertrain Market Key Performance Indicators |
14 Global Automotive Powertrain Market - Export/Import By Countries Assessment |
15 Global Automotive Powertrain Market - Opportunity Assessment |
15.1 Global Automotive Powertrain Market Opportunity Assessment, By Countries, 2021 & 2031F |
15.2 Global Automotive Powertrain Market Opportunity Assessment, By Position, 2021 & 2031F |
15.3 Global Automotive Powertrain Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
15.4 Global Automotive Powertrain Market Opportunity Assessment, By Engine Type, 2021 & 2031F |
16 Global Automotive Powertrain Market - Competitive Landscape |
16.1 Global Automotive Powertrain Market Revenue Share, By Companies, 2024 |
16.2 Global Automotive Powertrain Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Top 10 Company Profiles |
18 Recommendations |
19 Disclaimer |