Code: IMR0749 | Automotive &Transportation | Oct-2021 | 187 Pages |
In 2021, the Global Motor Vehicle
Engine Power Train & Parts Market’s size was valued at USD 807.94 billion
and is estimated to reach USD 847.39 billion by 2028 and is expected to be
growing at a CAGR of 5.2 % throughout the forecast period. In this report, 2021
has been taken as the base year while 2020 is the historical year. The forecast
year for the report is 2028 to approximate the size of the market for Motor
Vehicle Engine Power Train & Parts.
Icon Market Research’s report on Motor
Vehicle Engine Power Train & Parts studies the past and current
opportunities of growth and trends to get a clear picture of the growth
indicators of the market for the forecast period 2021 to 2028. The report also
offers the revenue generated by the Motor Vehicle Engine Power Train &
Parts market considering 2020 as the historical year, 2021 as the base year,
and 2028 as the forecast year. The report also consists of the compound annual
growth rate (CAGR) for the Motor Vehicle Engine Power Train & Parts market
over the forecast period.
Report Overview
of Motor Vehicle Engine
Power Train & Parts Market
The Motor Vehicle Engine Power Train & Parts
market report provides information and statistics on market shares, size,
restraining factors, and driving factors for the forecast period 2021 to 2028.
It also mentions the role of main market players in the automotive industry.
The report on Motor Vehicle Engine Power Train & Parts market evaluates the
value of the market report, keeping in mind the application and regional
segments, market share, and size while forecasting the market for each product
type and application of the Motor Vehicle Engine Power Train & Parts market
in different segments of the report. The research report also mentions some
sections of the Motor Vehicle Engine Power Train & Parts market including
opportunities, growth, trend, size, demand, and technology used by prominent
players of the market. Then, it gives detailed profiles of the key players as a
part of the competitive landscape of the Motor Vehicle Engine Power Train &
Parts market.
The study of the
report divides it into several sub-segments and represents the whole automotive
industry. An estimation of the revenue generated by the entire automotive
industry and its sub-segments are also provided in the report. It decides the
factors that affect the demand of the automotive industry rapidly, including
methods of development, growth networks, and the product model. The report also
points out the greatest prospects for the growth of the automotive market such
as forecasting the growth of the market, the launch of new goods, and analysis
of the product demand, purchase decisions, several economic factors that are
important to determine the trend of Motor Vehicle Engine Power Train &
Parts market, and the attractiveness of the market. The report on the Motor
Vehicle Engine Power Train & Parts market will help in assisting the
stakeholders in identifying high-potential customers, such as distributors and
manufacturers.
Methodology of
Motor Vehicle Engine Power
Train & Parts Market
The methods used for collecting
information for the report involve 4 main activities. These activities help in
estimating the current size of the Motor Vehicle Engine Power Train & Parts
market. Thorough secondary research was conducted to collect information on the
Motor Vehicle Engine Power Train & Parts market, such as new technologies
coming into the market, and components connected with this market. Then the
collected information was validated with experts from the automotive industry
across all the value chains through primary researches. Both top-down and
bottom-up approaches were used for estimating the market size.
The secondary research includes
collecting data from sources such as government publications such as
country-level automotive associations and organizations, World Bank, Eurostat,
Organization for Economic Co-operation and Development (OECD), and CDC;
regulatory and corporate filings such as SEC filings, annual reports, investor
presentations, and business magazines, financial statements, press releases,
and research journals, free and paid automotive databases such as Organization
International des Constructer’s d’Automobiles (OICA), Marlines, etc., and
trade, business, and professional associations. The secondary data collected
was then analyzed to predict the overall size of the market which was later
validated with primary research.
Thorough primary research was done
after getting a clear picture of the Motor Vehicle Engine Power Train &
Parts market through secondary research. Many market experts were interviewed
for the primary research from both the supply-side players and demand-side
players and across four major regions, namely, Europe, North America, Asia
Oceania, and the Rest of the World. Apart from the interviews, primary data was
collected through mails, questionnaires, and telephonic interviews.
Growth Mapping of Motor Vehicle Engine Power Train & Parts Market
The main aim of the
Motor Vehicle Engine Power Train & Parts report is to give the map of the
growth for the Motor Vehicle Engine Power Train & Parts market that will
help in providing the clients with the required information for the formulation
strategies to meet their respective business goals. The report also provides
deep knowledge of the Motor Vehicle Engine Power Train & Parts for the
previous year as well as for the forecast years and what the CAGR level of the
market is going to be. This report is a synopsis of what the market conditions
are going to be while also giving information regarding the market’s
definition, classifications, applications, and engagements are. This report
also aims to analyze the Motor Vehicle Engine Power Train & Parts market’s
developments including the market improvement, market position, and others
which are usually done by the prominent players and brands of the automotive
industry. This report also consists of all the market drivers and restraints
which are obtained through SWOT analysis. The report also has the CAGR values
of the Motor Vehicle Engine Power Train & Parts market for the base years
2021, the historic year 2020, and forecast years 2021-2028.
Regional
Analysis of Motor Vehicle
Engine Power Train & Parts Market
The Motor Vehicle Engine Power Train & Parts market report provides a study for more than 20 countries and their market players The report covers a regional and country-level analysis that covers North America, South America, Europe, Asia Pacific (APAC), Africa, and the Middle East. The market is deeply analyzed for each region, which helps in identifying the market trends for each region, growth opportunities, and restraining factors.
For the forecast year 2021-2028,
it has been estimated that North America will the dominating market for Motor
Vehicle Engine Power Train & Parts. This region is expected to see growth in the automotive
industry because of the increasing population, increase in per capita income,
and improvement in living standards. There has been an increase in demand for
comfort features in vehicles and fuel-efficient vehicles which accelerates the
growth of the Motor Vehicle Engine Power Train & Parts market. The weight
reduction of vehicles and enhanced energy efficiency is further driving the
automotive industry. The other factors which are driving the growth of
the Motor Vehicle Engine Power Train & Parts market include the development
of marketing analytics tools and firmly established existing players in the
market. In addition to this, government agencies, companies, third-party
administrators, etc. are channelizing their efforts to make customer-centric
automotive products which will also contribute to the growth of the Motor
Vehicle Engine Power Train & Parts market in this region. Rising demand for
vehicles and their parts, increased investment by the government, new and
advanced technology, and machinery, along with the improved marketing tactics
will likely cause the Motor Vehicle Engine Power Train & Parts market to
grow substantially.
The Asia Pacific market is estimated to grow at the highest CAGR during
the forecast period (2021-2028). This growth is driven by the increasing
research activities, growing demand for vehicles and parts, and an increasing
number of initiatives by market players for expanding their presence in the
APAC, and higher adoption of Motor Vehicle Engine Power Train & Parts in
several APAC countries. Improvements in GDP per capita and infrastructure development have
urbanized the region to a greater extent turning rural areas into urban areas.
The sudden surge in the demand has caused the cities to fall into unsustainable
consumption models. The top key players in the Motor Vehicle Engine Power Train
& Parts market are located in the region. China and India are expected to offer significant growth
opportunities for players operating in the Motor Vehicle Engine Power Train
& Parts market, owing to the growing support from government bodies,
increasing demand for new vehicles with special features, and the presence of
less-stringent regulations and data requirements (as compared to developed
countries) in their respective healthcare systems.
Competitive
Landscape of Motor Vehicle
Engine Power Train & Parts Market
The report provides a competitive
landscape on both the quantitative as well as qualitative research of Motor
Vehicle Engine Power Train & Parts market. The report also provides
detailed insights on the development methods used by the key market players.
The report offers deep research on the key market players and details on the
competitiveness of these players. The main business strategies used by these
players such as mergers and acquisitions (M&A), collaborations,
affiliations, and contracts are also and analyzed in the report. For each competitor,
the report studies their global presence, service offerings, competitors, and
specification. The main players covered by the study on the global Motor
Vehicle Engine Power Train & Parts market are: Ford Motor Company, General
Motors, Toyota Motor Corporation, A123 Systems, LLC. GKN PLC, Jtekt
Corporation, Aisin Seiki Co. Ltd, Volkswagen AG, Hyundai Motor Corporation, and
Borgwarner Inc,.
The Report
Provides Insights on The Following Pointers:
●
It gives a forecast analysis of
factors that are driving or restraining the development of the Motor Vehicle Engine
Power Train & Parts market.
●
The report gives a seven-year
forecast value evaluated on the basis of the current market performance of the
automotive industry.
●
It helps in understanding the main
segments of the products and their future.
●
The report gives a deep analysis
of changing competition in the market which keeps you ahead of your
competitors.
●
The report gives the market definition of the Motor Vehicle Engine
Power Train & Parts market along with the analysis of different factors
influencing the market such as drivers, opportunities, and restraints.
The Report
Answers Questions Such As:
●
What is the potential opportunity for the Motor Vehicle Engine
Power Train & Parts market?
●
What are the major drivers, restraints, and opportunities of the Motor
Vehicle Engine Power Train & Parts market?
●
What is the market share of the leading segments and sub-segments
of the Motor Vehicle Engine Power Train & Parts market in the forecast
period (2021-2028)?
●
How did the Motor Vehicle Engine Power Train & Parts market
evolve?
●
How each segment of the Motor Vehicle Engine Power Train &
Parts market is expected to grow during the forecast period?
●
What is the expected revenue to be generated by each of the
segments by the end of 2028?
●
What are the key development strategies implemented by the key
players to stand out in this Motor Vehicle Engine Power Train & Parts
market?
●
What is the preferred business model used for building Motor
Vehicle Engine Power Train & Parts?
●
Which area of application is expected to be the highest revenue
generator in the Motor Vehicle Engine Power Train & Parts market during the
forecast period?
●
Which end-user segment is expected to be the highest revenue
generator in this industry during the forecast period?
●
What is the potential of Motor Vehicle Engine Power Train &
Parts market in the emerging countries during the forecast period?
Ford Motor Company
General Motors
Toyota Motor Corporation
A123 Systems
LLC. GKN PLC
Jtekt Corporation
Aisin Seiki Co. Ltd
Volkswagen AG
Hyundai Motor Corporation
Borgwarner Inc,.