| Product Code: ETC5896534 | Publication Date: Nov 2023 | Updated Date: Jan 2026 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The import trend of the Armenia automotive powertrain market experienced a significant decline from 2020 to 2024, with a Compound Annual Growth Rate (CAGR) of -30.63%. In particular, the year-on-year growth rate for 20232024 was -44.35%, indicating a further decrease in imports during that period.

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 Armenia Automotive Powertrain Market Overview |
3.1 Armenia Country Macro Economic Indicators |
3.2 Armenia Automotive Powertrain Market Revenues & Volume, 2021 & 2031F |
3.3 Armenia Automotive Powertrain Market - Industry Life Cycle |
3.4 Armenia Automotive Powertrain Market - Porter's Five Forces |
3.5 Armenia Automotive Powertrain Market Revenues & Volume Share, By Position, 2021 & 2031F |
3.6 Armenia Automotive Powertrain Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
3.7 Armenia Automotive Powertrain Market Revenues & Volume Share, By Engine Type, 2021 & 2031F |
4 Armenia Automotive Powertrain Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for fuel-efficient vehicles |
4.2.2 Government regulations promoting the adoption of electric vehicles |
4.2.3 Growing investment in the automotive industry in Armenia |
4.3 Market Restraints |
4.3.1 High initial cost of electric vehicles and powertrain components |
4.3.2 Limited charging infrastructure for electric vehicles in Armenia |
5 Armenia Automotive Powertrain Market Trends |
6 Armenia Automotive Powertrain Market Segmentations |
6.1 Armenia Automotive Powertrain Market, By Position |
6.1.1 Overview and Analysis |
6.1.2 Armenia Automotive Powertrain Market Revenues & Volume, By FWD, 2021-2031F |
6.1.3 Armenia Automotive Powertrain Market Revenues & Volume, By RWD, 2021-2031F |
6.1.4 Armenia Automotive Powertrain Market Revenues & Volume, By AWD, 2021-2031F |
6.2 Armenia Automotive Powertrain Market, By Vehicle Type |
6.2.1 Overview and Analysis |
6.2.2 Armenia Automotive Powertrain Market Revenues & Volume, By Passenger Car, 2021-2031F |
6.2.3 Armenia Automotive Powertrain Market Revenues & Volume, By LCV, 2021-2031F |
6.2.4 Armenia Automotive Powertrain Market Revenues & Volume, By HCV, 2021-2031F |
6.3 Armenia Automotive Powertrain Market, By Engine Type |
6.3.1 Overview and Analysis |
6.3.2 Armenia Automotive Powertrain Market Revenues & Volume, By Gasoline, 2021-2031F |
6.3.3 Armenia Automotive Powertrain Market Revenues & Volume, By Diesel, 2021-2031F |
7 Armenia Automotive Powertrain Market Import-Export Trade Statistics |
7.1 Armenia Automotive Powertrain Market Export to Major Countries |
7.2 Armenia Automotive Powertrain Market Imports from Major Countries |
8 Armenia Automotive Powertrain Market Key Performance Indicators |
8.1 Average fuel efficiency of vehicles in Armenia |
8.2 Number of electric vehicle registrations in the country |
8.3 Investment in research and development for automotive powertrain technologies |
8.4 Number of charging stations for electric vehicles |
8.5 Adoption rate of alternative fuel technologies in the automotive sector |
9 Armenia Automotive Powertrain Market - Opportunity Assessment |
9.1 Armenia Automotive Powertrain Market Opportunity Assessment, By Position, 2021 & 2031F |
9.2 Armenia Automotive Powertrain Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
9.3 Armenia Automotive Powertrain Market Opportunity Assessment, By Engine Type, 2021 & 2031F |
10 Armenia Automotive Powertrain Market - Competitive Landscape |
10.1 Armenia Automotive Powertrain Market Revenue Share, By Companies, 2024 |
10.2 Armenia Automotive Powertrain Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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