Global Automotive Four-wheel Drive Vehicle Market is Expected to Grow at a CAGR of Over 12% During 2018-2022 with ZF, Magna Intl, BorgWarner, GKN, Linamar, and American Axle & Manufacturing Dominating – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The “Global
Automotive Four-wheel Drive Vehicle Market 2018-2022”
report
has been added to ResearchAndMarkets.com’s offering.

The global automotive four-wheel drive system market is expected to grow
at a CAGR of over 12% during the forecast period.

One trend in the market is development of electric four-wheel drive
system. The global automotive four-wheel drive system market is
witnessing developments in terms of advanced functionalities, material
use, and applications. Prominent vendors operating in the market are
making used of advanced processes, materials, and technologies to
enhance system designs. They are making considerable investments in R&D
and developing superior four-wheel drive systems that incorporate
innovative materials and processes.

According to the report, one driver in the market is increased
penetration rate of four-wheel drive system in sedans. The global
automotive industry is witnessing growing demand for almost all vehicle
categories, including SUVs hatchbacks, pickup trucks, and sedans.
Mid-segment and premium/luxury segment sedans are in high demand in
emerging economies such as China, India, and countries in South East
Asia. The performance variant of sedans is also gaining popularity in
these regions given the high penetration rate of turbochargers,
superchargers, and four-wheel drive systems in them.

Further, the report states that one challenge in the market is
four-wheel drive systems are expensive. The global automotive four-wheel
drive system market has to contend with a stiff challenge when it comes
to the cost factor. Automotive four-wheel drive systems command high
costs in terms of design, development, and manufacturing owing to the
components and technology used. Automotive four-wheel drive systems
incorporate many expensive crucial components and systems such as
transfer case, differentials, and driving shaft among others.

Market Trends

  • Development of Electric Four-Wheel Drive System
  • Increased Penetration Rate of Four-Wheel Drive System in Sedans
  • Development of Electric Drive Axles

Key Players

  • ZF Friedrichshafen
  • Magna International
  • BorgWarner
  • GKN
  • LINAMAR
  • American Axle & Manufacturing

Topics Covered

1. Executive Summary

2. Scope of the Report

3. Research Methodology

4. Market Landscape

5. Market Sizing

6. Five Forces Analysis

7. Market Segmentation by Application

8. Customer Landscape

9. Regional Landscape

10. Decision Framework

11. Drivers and Challenges

12. Market Trends

13. Vendor Landscape

14. Vendor Analysis

For more information about this report visit https://www.researchandmarkets.com/research/gz3jrp/global_automotive?w=4

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Topics: Cars

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