Global Automotive Electric Drivetrain System Market Report, History and Forecast 2016-2027, Breakdown Data by Companies, Key Regions, Types and Application

The shift to electrification from manual transmission is one of the biggest changes in the automotive industry. The automotive drivetrain is the component of the vehicle that includes drive shafts, wheel, axles, U Joints, CV joints, and transmission. All the parts of the drivetrain are responsible for providing transmission so as to move the wheels of the vehicle forward. In other words, it transfers power to the wheels of the vehicle. The driveshaft is the long steel structure in tubular form that is linked with the gearbox of the vehicle to provide the rotary movement in the wheel. Universal joint is the main component that allows the wheel to move in different angles. Axle is the connected shaft between the wheels and the drive system and provides the transmission power to the wheel for making it rotate. Drivetrain is also called powertrain train. The only difference is that the powertrain consists of whole system that provides power to the wheels while drivetrain consists of components that link the driveline and wheel. In future, electric drivetrain will replace manual transmission drivetrain because of its better efficiency and environment friendliness.
The factors that are responsible for the growth of automotive electric drivetrain market are stringent regulations for emission, rise in the sales of electric driven vehicle, and increased fuel efficiency of vehicles. All over the world, governments are greatly supporting the transition to electric vehicles.

Market Analysis and Insights: Global Automotive Electric Drivetrain System Market
The research report studies the Automotive Electric Drivetrain System market using different methodologies and analyzes to provide accurate and in-depth information about the market. For a clearer understanding, it is divided into several parts to cover different aspects of the market. Each area is then elaborated to help the reader comprehend the growth potential of each region and its contribution to the global market. The researchers have used primary and secondary methodologies to collate the information in the report. They have also used the same data to generate the current market scenario. This report is aimed at guiding people towards an apprehensive, better, and clearer knowledge of the market.
The global Automotive Electric Drivetrain System market size is projected to reach US$ 238100 million by 2027, from US$ 188030 million in 2020, at a CAGR of 3.4% during 2021-2027.

Global Automotive Electric Drivetrain System Scope and Segment
The global Automotive Electric Drivetrain System market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Automotive Electric Drivetrain System market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type, and by Application for the period 2016-2027.

Segment by Type
All-Wheel Drive
Rear Wheel Drive
Front Wheel Drive

Segment by Application
Passenger Car
Commercial Vehicle

By Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Nordic
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Latin America
Mexico
Brazil
Middle East & Africa
Turkey
Saudi Arabia
UAE

By Company
Aisin Seiki
GKN
Magna International
BorgWarner
Dana Holding
JTEKT
Magtec
Delphi Automotive
Visedo
Parker Hannifin
Punch Powertrain
AVTEC
AxleTech International