"Market Intelligence for High-Geared Performance"

All-Wheel Drive System Market Size, Share & Industry Analysis, By Type (Automatic AWD, Manual AWD), By Vehicle Type (Passenger cars, Light Commercial Vehicle, High Commercial Vehicle) and Regional Forecast, 2024-2032

Region :Global | Report ID: FBI101909 | Status : Ongoing

 

KEY MARKET INSIGHTS

The increasing demand for driving dynamics such as traction and control in the vehicles by the consumers is likely to boost the all-wheel-drive market during the forecast period. The all-wheel-drive and four-wheel-drive system improves the stability of the vehicle with increased fuel efficiency and power. The growing demand for AWD equipped vehicle from Asia-Pacific and European regions are anticipated to fuel the demand for the all-wheel-drive system market. The developed countries have a significant adoption rate of the all-wheel-drive system as well as the developing countries.


The all-wheel-drive system transmits the power to all-wheels of the vehicle to improve the control and traction of the vehicle. The growing adoption of AWD equipped sports utility vehicles with enhanced driving dynamics such as traction and control over the extreme terrain conditions will propel the growth of the all-wheel-drive system market. The increasing production of the AWD equipped passenger cars will fuel the growth of the market over the forecast period.

Up Arrow

Key Market Driver -

The increasing demand for the driving dynamics by the consumers will drive the market over the forecast period.

Down Arrow

Key Market Restraint -

The high cost related with all-wheel-drive system will hamper the growth of the market.


The expensive cost of the all-wheel-drive system will be a restraint for the market’s growth. The maintenance cost of the all-wheel-drive system is high, and this will hamper the growth of the all-wheel-drive system market.

Key Players Covered in the Automotive All Wheel Drive System Market:


Some of the major companies that are present in the automotive all-wheel-drive system market include ZF Friedrichshafen AG ( Germany), Continental AG ( Germany), JTKT Corporation (Japan), and Borg Warner Inc. (U.S.), among others.

The automotive all-wheel-drive system market is segmented into type, vehicle type, and region. Based on the type, the market has been segmented into automatic and manual all-wheel-drive. The automatic all-wheel-drive type is anticipated to dominate the market over the forecast period. The manual all-wheel-drive system will show lucrative growth over the forecast period. By vehicle type, the market has been segmented into passenger cars, light commercial vehicles, and heavy commercial vehicles. The passenger car segment is expected to dominate the market over the forecast period owing to the increased production of passenger cars equipped with the AWD system and growing demand for the enhanced driving dynamics by the consumers. The light and heavy commercial vehicles are expected to show good growth in the all-wheel-drive system market over the forecast period owing to the better stability with traction and control over the rough terrains by the AWD system.

Regional Analysis:


The global market has been segmented into the four major regions of North America, Europe, Asia Pacific, and Rest of the world. The European Region and the North America region have a high adoption rate of the all-wheel-drive-drive market, and as a result of this, they hold the largest market share. These regions are also anticipated to grow profitable over the forecast period. The increased use of AWD SUVs from these regions has supported the growth of the market.

To gain extensive insights into the market, Request for Customization


The Asia-Pacific region is anticipated to show growth over the forecast period. The increased production and sales of the passenger cars from this region are expected to propel the growth of the all-wheel-drive system market. The better comfort, traction, and control offered by the all-wheel-drive system over the extreme terrains of this region are likely to boost the demand for the all-wheel-drive system from this region.

Segmentation






















 ATTRIBUTE

 DETAILS

By Type



  • Automatic AWD

  • Manual AWD



By Vehicle Type



  • Passenger cars

  • Light Commercial Vehicle

  • High Commercial Vehicle



By Geography



  • North America (USA, Canada, and Mexico)

  • Europe (Germany, U.K, France, Italy, and Rest of Europe)

  • Asia Pacific (China, India, Japan, South Korea and Rest of Asia Pacific)

  • Rest of the world



Key Industry Developments:



  • August 2017: Continental AG introduced dual New Wheel Concept for elelctric vehicles between axle and wheel of the vehicle. This will solve the problem of the bad braking performance.





  • Ongoing
  • 2023
  • 2019-2022
  • Pre Book
Multi-report Purchase Plan
    A Customized Plan Will be Created Based on the number of reports you wish to purchase
Automotive & Transportation Clients
Hitachi
Bosch
Deloitee
Hyundai
Asahi
Client Testimonials

“We are quite happy with the methodology you outlined. We really appreciate the time your team has spent on this project, and the efforts of your team to answer our questions.”

- One of the largest & renowned medical research centers based in the U.S. on a report on the U.S. NIPT Market.

“Thanks a million. The report looks great!”

- Feedback from a consultant on a report on the U.S. Beef Market.

“Thanks for the excellent report and the insights regarding the lactose market.”

- Brazil based company specializing in production of protein ingredients.

“I liked the report; would it be possible to send me the PPT version as I want to use a few slides in an internal presentation that I am preparing.”

- Global Digital Services Agency on a report on the Global Luxury Goods Market.

“This report is really well done and we really appreciate it! Again, I may have questions as we dig in deeper. Thanks again for some really good work.”

- U.S.-based biotechnology company focussing on treatment of chronic pain.

“Kudos to your team. Thank you very much for your support and agility to answer our questions.”

- Europe-based provider of solutions to automate data centre operations.

“We appreciate you and your team taking out time to share the report and data file with us, and we are grateful for the flexibility provided to modify the document as per request. This does help us in our business decision making. We would be pleased to work with you again, and hope to continue our business relationship long into the future.”

- India-based manufacturer of industrial and specialty intermediates with a strong global presence.

“I want to first congratulate you on the great work done on the Medical Platforms project. Thank you so much for all your efforts.”

- One of the largest cosmetics company in the world.

“Thank you very much. I really appreciate the work your team has done. I feel very comfortable recommending your services to some of the other startups that I’m working with, and will likely establish a good long partnership with you.”

- U.S. based startup operating in the cultivated meat market.

“We received the below report on the U.S. market from you. We were very satisfied with the report.”

- Global hearing aids manufacturer.

“I just finished my first pass-through of the report. Great work! Thank you!”

- U.S. based solar racking solutions provider.

“Thanks again for the great work on our last partnership. We are ramping up a new project to understand the imaging and imaging service and distribution market in the U.S.”

- World’s leading advisory firm.

“We feel positive about the results. Based on the presented results, we will do strategic review of this new information and might commission a detailed study on some of the modules included in the report after end of the year. Overall we are very satisfied and please pass on the praise to the team. Thank you for the co-operation!”

- Germany based machine construction company.

“Thank you very much for the very good report. I have another requirement on cutting tools, paper crafts and decorative items.”

- Japanese manufacturing company of stationery products.

“We are happy with the professionalism of your in-house research team as well as the quality of your research reports. Looking forward to work together on similar projects”

- One of the Leading Food Companies in Germany

“We appreciate the teamwork and efficiency for such an exhaustive and comprehensive report. The data offered to us was exactly what we were looking for. Thank you!”

- Intuitive Surgical

“I recommend Fortune Business Insights for their honesty and flexibility. Not only that they were very responsive and dealt with all my questions very quickly but they also responded honestly and flexibly to the detailed requests from us in preparing the research report. We value them as a research company worthy of building long-term relationships.”

- Major Food Company in Japan

“Well done Fortune Business Insights! The report covered all the points and was very detailed. Looking forward to work together in the future”

- Ziering Medical

“It has been a delightful experience working with you guys. Thank you Fortune Business Insights for your efforts and prompt response”

- Major Manufacturer of Precision Machine Parts in India

“I had a great experience working with Fortune Business Insights. The report was very accurate and as per my requirements. Very satisfied with the overall report as it has helped me to build strategies for my business”

- Hewlett-Packard

“This is regarding the recent report I bought from Fortune Business insights. Remarkable job and great efforts by your research team. I would also like to thank the back end team for offering a continuous support and stitching together a report that is so comprehensive and exhaustive”

- Global Management Consulting Firm

“Please pass on our sincere thanks to the whole team at Fortune Business Insights. This is a very good piece of work and will be very helpful to us going forward. We know where we will be getting business intelligence from in the future.”

- UK-based Start-up in the Medical Devices Sector

“Thank you for sending the market report and data. It looks quite comprehensive and the data is exactly what I was looking for. I appreciate the timeliness and responsiveness of you and your team.”

- One of the Largest Companies in the Defence Industry
We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies . Privacy.
X