Automotive Four-wheel Drive Vehicle Market by Application, Type, and Geography - Forecast and Analysis 2023-2027

Published: Nov 2022 Pages: 173 SKU: IRTNTR43339

Automotive Four-Wheel Drive Vehicle Market Forecast 2023-2027

The Global Automotive Four-Wheel Drive Vehicle Market size is forecast to increase by USD 2,423.33 units, at a CAGR of  3.85% between 2023 and 2028. Multiple advantages associated with the four-wheel drive system is driving the market growth, however operational issues and high maintenance costs might impede the market growth.

What will be the Size of the Automotive Four-wheel Drive Vehicle Market During the Forecast Period?

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Market Dynamics

Our researchers analyzed the data with 2022 as the base year and the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

Key Market Drivers

Various advantages associated with the four-wheel drive system are driving the market growth. Slippery roads are a leading cause of road crashes, with over 73% of collisions occurring under such conditions. This system helps reduce the probability of a vehicle losing control on slippery roads by allowing all four wheels to have the maximum traction. An AWD system engages all wheels full-time, providing superior driving dynamics and comfort while traversing through different terrains. An I-AWD system is an advanced form of four-wheel drive, used in luxury SUVs and sedans. It collects information through sensors and adjusts torque to the wheel before losing traction, offering a higher level of safety and convenience. A four-wheel drive system improves off-road capability and performance, maintains traction on rough terrains, and improves the vehicle's safety level and dynamics, driving the growth of the global market.

Significant Market Trends

Replacement of drive shafts and mechanical differentials with electric drive axles is a major trend in the market. Automotive OEMs are replacing heavy mechanical parts with electrical and electronic components to meet fuel economy regulations such as the CAFE standards. Four-wheel drive SUVs are estimated to reduce fuel economy by almost one mpg. Axles are mechanical components that transfer torque from the motor to the wheels. Electric drive axles developed by ZF and GKN eliminate the need for heavy propeller shafts in AWD, turning an I-AWD system into a hybrid system. GKN developed an electric axle for Volvo XV90 hybrid cars and other models like the BMW i8, Peugeot 3008, Porsche 918 Spyder, Mazda, and Nissan hybrids. Electric axles are expected to equip 30% of AWD vehicles in the US by 2025, reducing weight, and fuel consumption while being relatively inexpensive to integrate.

Major Market Challenges

Operational issues and high maintenance costs due to poor fuel efficiency are some major challenges in the market. Advancements in automotive technologies have transformed the industry with the introduction of smart and intelligent vehicles. Advanced electronic systems and components are enhancing the driving experience, but industry experts express concern over the durability and reliability of modern systems. Rough use or exceeding permissible limits can result in high mechanical stress on the system, leading to operational issues. Maintenance costs increase due to the frequent oil changes and wear and tear of crucial components such as clutch drums, transfer case gaskets, and solenoids. Rust and corrosion can also affect the operability. Four-wheel drive systems consume more fuel, making them less fuel-efficient than two-wheel drive vehicles, with an average of 15%-20% less efficiency. The dimensions and weight of the vehicle and the four-wheel drive system's fitment also affect fuel efficiency. These challenges pose a threat to the growth of the global market.

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Market Segmentation by Application, Type, Geography

Application  Analysis

The automotive all-wheel drive (AWD) vehicle market share growth by the passenger cars segment will be significant during the forecast period. The car rental services industry is witnessing continuous growth globally. Vehicle rental facilities are convenient options for people who wish to undertake tours and other pleasure trips. Car rental also provides the opportunity for increased mobility without the need to worry about the costs associated with automobile ownership. Automobile rental services are offered via websites and online mobile application platforms, which also drive the growth of the passenger car segment. 

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The passenger cars segment showed a gradual increase in the market share with 6435.11 thousand units in 2017 and will continue to grow by 2021. The surging demand for car rentals across emerging as well as developed markets, alongside Western countries, has spurred the growth of the market, thereby propelling the demand for passenger cars worldwide during the forecast period.

Type  Analysis

SUV and crossovers segment holds the largest market share. Consumer preference in the global SUV and crossover segment has shifted towards compact and small-size SUVs in the last five years. This has led to the introduction of more affordable vehicles in this market by automakers such as Ford, Renault, Mazda, Honda, and Nissan, attracting new consumers to the SUV market. SUVs equipped with four-wheel drive systems are gaining popularity, with automakers such as Nissan, Toyota, Honda, and Hyundai offering these as standard or optional fitments. Medium-size SUVs with off-road capabilities such as Toyota Fortuner, Honda CR-V, and Jeep Cherokee are also gaining popularity. The increasing use of four-wheel drive systems in SUVs and crossovers is expected to positively impact the global market during the forecast period.

Geographical Analysis

North America is estimated to contribute 39% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

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The consumer preference for large and big vehicles, such as SUVs and pickup trucks, drives the market growth of vehicles in North America. The US, Canada, and Mexico are the major enablers of this market. Declining gasoline prices per gallon, the growing availability of easy credit, the emergence of new models, and better leasing options have further fueled the SUVs and pickup market in the North American automotive industry. Moreover, consumer preference for vehicles with high ground clearance, off-road capability, and towing capacity are some of the additional factors that fuel the market for SUVs, crossovers, and pickup trucks in North America. This, in turn, boosts the growth of the market in the region. 

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Who are the Major Automotive Four-wheel Drive Vehicle Market players?

companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market. Some of the major companies in the market include:

Volkswagen AG- The company offers autonomous vehicles such as advanced driver assistance systems.

The report also includes detailed analyses of the competitive landscape of the market and information about 15 market companies, including:

  • BYD Electronic Co. Ltd.
  • Ford Motor Co.
  • General Motors Co
  • Honda Motor Co. Ltd.
  • Hyundai Motor Co
  • Isuzu Motors Ltd.
  • Mazda Motor Corp
  • MG Motor India Pvt. Ltd.
  • Nissan Motor Co. Ltd.
  • Renault SAS
  • Stellantis NV
  • Tata Motors Ltd.
  • Toyota Motor Corp.
  • Bayerische Motoren Werke AG
  • Mahindra and Mahindra Ltd.
  • Mercedes Benz Group AG
  • Mitsubishi Motors Corp.
  • Suzuki Motor Corp.

Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified. Furthermore, it is also quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

Segment Overview

The market research report forecasts growth by revenue at global, regional & country levels and provides a market growth analysis of the latest trends and growth opportunities from 2017 to 2027. 

  • Application Outlook ( Thousand units, 2017 - 2027)
    • Passenger cars
    • Commercial vehicles
  • Type Outlook (Thousand units, 2017 - 2027)
    • SUVs and crossovers
    • Pickup trucks
    • Premium and luxury sedans
  • Region Outlook (Thousand units, 2017 - 2027)
    • North America
      • The U.S.
      • Canada
    • APAC
      • China
      • India
    • Europe
      • The U.K.
      • Germany
      • France
      • Rest of Europe
    • Middle East & Africa
      • Saudi Arabia
      • South Africa
      • Rest of the Middle East & Africa
    • South America
      • Brazil
      • Argentina

Market Analyst Overview

The market is witnessing substantial growth driven by an increasing focus on vehicle safety and stability. In response to stringent emission regulations and the imperative to reduce road accidents, the automotive industry is adopting advanced technologies. All-wheel drive (AWD) systems, including rear-wheel drive (RWD) and front-wheel drive (FWD) systems, play a crucial role in enhancing vehicle safety. Automakers like Honda Motor Company are incorporating automatic AWD systems in various vehicle models, especially in hybrid and plug-in hybrid vehicles. Despite these advancements, there is a lack of awareness, particularly in developing nations, regarding the benefits of AWD systems. Bridging this awareness gap is essential for maximizing the potential impact of AWD technology on global road safety and emission norms compliance.

The market is experiencing significant advancements in vehicle stability and safety norms compliance. Rear-wheel drive (RWD) systems are integral components in enhancing the performance of vehicles, especially in the Battery Electric Vehicle (BEV) segment. Technologies like the XMODE system and GripControl are revolutionizing vehicle stability by optimizing traction and control in various driving conditions. Moreover, the integration of Electronic Limited Slip Differential (ELSD) systems further enhances vehicle stability and handling, especially on challenging terrains. These advancements underscore the industry's commitment to improving vehicle safety and performance across different segments, including electric cars. As automotive technology continues to evolve, the focus on vehicle stability and safety norms adherence remains paramount, driving innovation and enhancing the driving experience for consumers worldwide.

 

Automotive Four-wheel Drive Vehicle Market Scope

Report Coverage

Details

Page number

173

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 3.85%

Market growth 2023-2027

2,423.33 units

Market structure

Fragmented

YoY growth 2022-2023(%)

2.8

Regional analysis

North America, APAC, Europe, Middle East and Africa, and South America

Performing market contribution

North America at 39%

Key countries

US, Canada, China, Japan, and UK

Competitive landscape

Leading companies, Market Positioning of companies, Competitive Strategies, and Industry Risks

Key companies profiled

BYD Electronic Co. Ltd., Ford Motor Co., General Motors Co, Honda Motor Co. Ltd., Hyundai Motor Co, Isuzu Motors Ltd., Mazda Motor Corp, MG Motor India Pvt. Ltd., Nissan Motor Co. Ltd., Renault SAS, Stellantis NV, Tata Motors Ltd., Toyota Motor Corp., Volkswagen AG, Bayerische Motoren Werke AG, Mahindra and Mahindra Ltd., Mercedes Benz Group AG, Mitsubishi Motors Corp., and Suzuki Motor Corp.

Market dynamics

Parent market analysis, Market forecasting, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Research Report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will fuel the growth of the market between 2023 and 2027
  • Precise estimation of the size of the market size and its contribution of the market in focus to the parent market
  • Accurate predictions about upcoming trends and changes in consumer behavior
  • Growth of the market industry across North America, APAC, Europe, Middle East and Africa, and South America
  • Thorough 
    market research and growth analysis of the market’s competitive landscape and detailed information about companies
  • Detailed market growth and forecasting analysis of customer landscape covering price sensitivity, Adoption of the lifecycle, and key purchase criteria
  • Company landscape comparing criticality of inputs and factors of differentiation
  • Exclusive Matrix on company position and classification
  • Comprehensive market report analysis of factors that will challenge the growth of market companies

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Type
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2022
    • 3.4 Market outlook: Forecast for 2022-2027
      • Exhibit 14: Chart on Global - Market size and forecast 2022-2027 (thousand units)
      • Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 (thousand units)
      • Exhibit 16: Chart on Global Market- Year-over-year growth 2022-2027 (%)
      • Exhibit 17: Data Table on Global Market- Year-over-year growth 2022-2027 (%)

    4 Historic Market Size

    • 4.1 Global automotive four-wheel drive vehicle market 2017 - 2021
      • Exhibit 18: Historic Market Size – Data Table on Global automotive four-wheel drive vehicle market 2017 - 2021 (thousand units)
    • 4.2 By application Segment Analysis 2017 - 2021
      • Exhibit 19: Historic Market Size – By application Segment 2017 - 2021 (thousand units)
    • 4.3 By type Segment Analysis 2017 - 2021
      • Exhibit 20: Historic Market Size – By type Segment 2017 - 2021 (thousand units)
    • 4.4 By geography Segment Analysis 2017 - 2021
      • Exhibit 21: Historic Market Size – By geography Segment 2017 - 2021 (thousand units)
    • 4.5 Country Segment Analysis 2017 - 2021
      • Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 (thousand units)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

    6 Market Segmentation by Application

    • 6.1 Market segments
      • Exhibit 30: Chart on Application - Market share 2022-2027 (%)
      • Exhibit 31: Data Table on Application - Market share 2022-2027 (%)
    • 6.2 Comparison by Application
      • Exhibit 32: Chart on Comparison by Application
      • Exhibit 33: Data Table on Comparison by Application
    • 6.3 Passenger cars - Market size and forecast 2022-2027
      • Exhibit 34: Chart on Passenger cars - Market size and forecast 2022-2027 (thousand units)
      • Exhibit 35: Data Table on Passenger cars - Market size and forecast 2022-2027 (thousand units)
      • Exhibit 36: Chart on Passenger cars - Year-over-year growth 2022-2027 (%)
      • Exhibit 37: Data Table on Passenger cars - Year-over-year growth 2022-2027 (%)
    • 6.4 Commercial vehicles - Market size and forecast 2022-2027
      • Exhibit 38: Chart on Commercial vehicles - Market size and forecast 2022-2027 (thousand units)
      • Exhibit 39: Data Table on Commercial vehicles - Market size and forecast 2022-2027 (thousand units)
      • Exhibit 40: Chart on Commercial vehicles - Year-over-year growth 2022-2027 (%)
      • Exhibit 41: Data Table on Commercial vehicles - Year-over-year growth 2022-2027 (%)
    • 6.5 Market opportunity by Application
      • Exhibit 42: Market opportunity by Application (thousand units)

    7 Market Segmentation by Type

    • 7.1 Market segments
      • Exhibit 43: Chart on Type - Market share 2022-2027 (%)
      • Exhibit 44: Data Table on Type - Market share 2022-2027 (%)
    • 7.2 Comparison by Type
      • Exhibit 45: Chart on Comparison by Type
      • Exhibit 46: Data Table on Comparison by Type
    • 7.3 SUVs and crossovers - Market size and forecast 2022-2027
      • Exhibit 47: Chart on SUVs and crossovers - Market size and forecast 2022-2027 (thousand units)
      • Exhibit 48: Data Table on SUVs and crossovers - Market size and forecast 2022-2027 (thousand units)
      • Exhibit 49: Chart on SUVs and crossovers - Year-over-year growth 2022-2027 (%)
      • Exhibit 50: Data Table on SUVs and crossovers - Year-over-year growth 2022-2027 (%)
    • 7.4 Pickup trucks - Market size and forecast 2022-2027
      • Exhibit 51: Chart on Pickup trucks - Market size and forecast 2022-2027 (thousand units)
      • Exhibit 52: Data Table on Pickup trucks - Market size and forecast 2022-2027 (thousand units)
      • Exhibit 53: Chart on Pickup trucks - Year-over-year growth 2022-2027 (%)
      • Exhibit 54: Data Table on Pickup trucks - Year-over-year growth 2022-2027 (%)
    • 7.5 Premium and luxury sedans - Market size and forecast 2022-2027
      • Exhibit 55: Chart on Premium and luxury sedans - Market size and forecast 2022-2027 (thousand units)
      • Exhibit 56: Data Table on Premium and luxury sedans - Market size and forecast 2022-2027 (thousand units)
      • Exhibit 57: Chart on Premium and luxury sedans - Year-over-year growth 2022-2027 (%)
      • Exhibit 58: Data Table on Premium and luxury sedans - Year-over-year growth 2022-2027 (%)
    • 7.6 Market opportunity by Type
      • Exhibit 59: Market opportunity by Type (thousand units)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 60: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 61: Chart on Market share by geography 2022-2027 (%)
      • Exhibit 62: Data Table on Market share by geography 2022-2027 (%)
    • 9.2 Geographic comparison
      • Exhibit 63: Chart on Geographic comparison
      • Exhibit 64: Data Table on Geographic comparison
    • 9.3 North America - Market size and forecast 2022-2027
      • Exhibit 65: Chart on North America - Market size and forecast 2022-2027 (thousand units)
      • Exhibit 66: Data Table on North America - Market size and forecast 2022-2027 (thousand units)
      • Exhibit 67: Chart on North America - Year-over-year growth 2022-2027 (%)
      • Exhibit 68: Data Table on North America - Year-over-year growth 2022-2027 (%)
    • 9.4 APAC - Market size and forecast 2022-2027
      • Exhibit 69: Chart on APAC - Market size and forecast 2022-2027 (thousand units)
      • Exhibit 70: Data Table on APAC - Market size and forecast 2022-2027 (thousand units)
      • Exhibit 71: Chart on APAC - Year-over-year growth 2022-2027 (%)
      • Exhibit 72: Data Table on APAC - Year-over-year growth 2022-2027 (%)
    • 9.5 Europe - Market size and forecast 2022-2027
      • Exhibit 73: Chart on Europe - Market size and forecast 2022-2027 (thousand units)
      • Exhibit 74: Data Table on Europe - Market size and forecast 2022-2027 (thousand units)
      • Exhibit 75: Chart on Europe - Year-over-year growth 2022-2027 (%)
      • Exhibit 76: Data Table on Europe - Year-over-year growth 2022-2027 (%)
    • 9.6 Middle East and Africa - Market size and forecast 2022-2027
      • Exhibit 77: Chart on Middle East and Africa - Market size and forecast 2022-2027 (thousand units)
      • Exhibit 78: Data Table on Middle East and Africa - Market size and forecast 2022-2027 (thousand units)
      • Exhibit 79: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
      • Exhibit 80: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
    • 9.7 South America - Market size and forecast 2022-2027
      • Exhibit 81: Chart on South America - Market size and forecast 2022-2027 (thousand units)
      • Exhibit 82: Data Table on South America - Market size and forecast 2022-2027 (thousand units)
      • Exhibit 83: Chart on South America - Year-over-year growth 2022-2027 (%)
      • Exhibit 84: Data Table on South America - Year-over-year growth 2022-2027 (%)
    • 9.8 US - Market size and forecast 2022-2027
      • Exhibit 85: Chart on US - Market size and forecast 2022-2027 (thousand units)
      • Exhibit 86: Data Table on US - Market size and forecast 2022-2027 (thousand units)
      • Exhibit 87: Chart on US - Year-over-year growth 2022-2027 (%)
      • Exhibit 88: Data Table on US - Year-over-year growth 2022-2027 (%)
    • 9.9 China - Market size and forecast 2022-2027
      • Exhibit 89: Chart on China - Market size and forecast 2022-2027 (thousand units)
      • Exhibit 90: Data Table on China - Market size and forecast 2022-2027 (thousand units)
      • Exhibit 91: Chart on China - Year-over-year growth 2022-2027 (%)
      • Exhibit 92: Data Table on China - Year-over-year growth 2022-2027 (%)
    • 9.10 Canada - Market size and forecast 2022-2027
      • Exhibit 93: Chart on Canada - Market size and forecast 2022-2027 (thousand units)
      • Exhibit 94: Data Table on Canada - Market size and forecast 2022-2027 (thousand units)
      • Exhibit 95: Chart on Canada - Year-over-year growth 2022-2027 (%)
      • Exhibit 96: Data Table on Canada - Year-over-year growth 2022-2027 (%)
    • 9.11 UK - Market size and forecast 2022-2027
      • Exhibit 97: Chart on UK - Market size and forecast 2022-2027 (thousand units)
      • Exhibit 98: Data Table on UK - Market size and forecast 2022-2027 (thousand units)
      • Exhibit 99: Chart on UK - Year-over-year growth 2022-2027 (%)
      • Exhibit 100: Data Table on UK - Year-over-year growth 2022-2027 (%)
    • 9.12 Japan - Market size and forecast 2022-2027
      • Exhibit 101: Chart on Japan - Market size and forecast 2022-2027 (thousand units)
      • Exhibit 102: Data Table on Japan - Market size and forecast 2022-2027 (thousand units)
      • Exhibit 103: Chart on Japan - Year-over-year growth 2022-2027 (%)
      • Exhibit 104: Data Table on Japan - Year-over-year growth 2022-2027 (%)
    • 9.13 Market opportunity by geography
      • Exhibit 105: Market opportunity by geography (thousand units)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 106: Impact of drivers and challenges in 2022 and 2027
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 107: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 108: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 109: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 110: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 111: Matrix on vendor position and classification
            • 12.3 Bayerische Motoren Werke AG
              • Exhibit 112: Bayerische Motoren Werke AG - Overview
              • Exhibit 113: Bayerische Motoren Werke AG - Business segments
              • Exhibit 114: Bayerische Motoren Werke AG - Key news
              • Exhibit 115: Bayerische Motoren Werke AG - Key offerings
              • Exhibit 116: Bayerische Motoren Werke AG - Segment focus
            • 12.4 BYD Electronic Co. Ltd.
              • Exhibit 117: BYD Electronic Co. Ltd. - Overview
              • Exhibit 118: BYD Electronic Co. Ltd. - Business segments
              • Exhibit 119: BYD Electronic Co. Ltd. - Key news
              • Exhibit 120: BYD Electronic Co. Ltd. - Key offerings
              • Exhibit 121: BYD Electronic Co. Ltd. - Segment focus
            • 12.5 Ford Motor Co.
              • Exhibit 122: Ford Motor Co. - Overview
              • Exhibit 123: Ford Motor Co. - Business segments
              • Exhibit 124: Ford Motor Co. - Key news
              • Exhibit 125: Ford Motor Co. - Key offerings
              • Exhibit 126: Ford Motor Co. - Segment focus
            • 12.6 General Motors Co
              • Exhibit 127: General Motors Co - Overview
              • Exhibit 128: General Motors Co - Business segments
              • Exhibit 129: General Motors Co - Key news
              • Exhibit 130: General Motors Co - Key offerings
              • Exhibit 131: General Motors Co - Segment focus
            • 12.7 Honda Motor Co. Ltd.
              • Exhibit 132: Honda Motor Co. Ltd. - Overview
              • Exhibit 133: Honda Motor Co. Ltd. - Business segments
              • Exhibit 134: Honda Motor Co. Ltd. - Key news
              • Exhibit 135: Honda Motor Co. Ltd. - Key offerings
              • Exhibit 136: Honda Motor Co. Ltd. - Segment focus
            • 12.8 Hyundai Motor Co
              • Exhibit 137: Hyundai Motor Co - Overview
              • Exhibit 138: Hyundai Motor Co - Business segments
              • Exhibit 139: Hyundai Motor Co - Key news
              • Exhibit 140: Hyundai Motor Co - Key offerings
              • Exhibit 141: Hyundai Motor Co - Segment focus
            • 12.9 Isuzu Motors Ltd.
              • Exhibit 142: Isuzu Motors Ltd. - Overview
              • Exhibit 143: Isuzu Motors Ltd. - Product / Service
              • Exhibit 144: Isuzu Motors Ltd. - Key offerings
            • 12.10 Mahindra and Mahindra Ltd.
              • Exhibit 145: Mahindra and Mahindra Ltd. - Overview
              • Exhibit 146: Mahindra and Mahindra Ltd. - Business segments
              • Exhibit 147: Mahindra and Mahindra Ltd. - Key news
              • Exhibit 148: Mahindra and Mahindra Ltd. - Key offerings
              • Exhibit 149: Mahindra and Mahindra Ltd. - Segment focus
            • 12.11 Mercedes Benz Group AG
              • Exhibit 150: Mercedes Benz Group AG - Overview
              • Exhibit 151: Mercedes Benz Group AG - Business segments
              • Exhibit 152: Mercedes Benz Group AG - Key offerings
              • Exhibit 153: Mercedes Benz Group AG - Segment focus
            • 12.12 MG Motor India Pvt. Ltd.
              • Exhibit 154: MG Motor India Pvt. Ltd. - Overview
              • Exhibit 155: MG Motor India Pvt. Ltd. - Product / Service
              • Exhibit 156: MG Motor India Pvt. Ltd. - Key offerings
            • 12.13 Nissan Motor Co. Ltd.
              • Exhibit 157: Nissan Motor Co. Ltd. - Overview
              • Exhibit 158: Nissan Motor Co. Ltd. - Business segments
              • Exhibit 159: Nissan Motor Co. Ltd. - Key news
              • Exhibit 160: Nissan Motor Co. Ltd. - Key offerings
              • Exhibit 161: Nissan Motor Co. Ltd. - Segment focus
            • 12.14 Renault SAS
              • Exhibit 162: Renault SAS - Overview
              • Exhibit 163: Renault SAS - Product / Service
              • Exhibit 164: Renault SAS - Key news
              • Exhibit 165: Renault SAS - Key offerings
            • 12.15 Stellantis NV
              • Exhibit 166: Stellantis NV - Overview
              • Exhibit 167: Stellantis NV - Business segments
              • Exhibit 168: Stellantis NV - Key news
              • Exhibit 169: Stellantis NV - Key offerings
              • Exhibit 170: Stellantis NV - Segment focus
            • 12.16 Toyota Motor Corp.
              • Exhibit 171: Toyota Motor Corp. - Overview
              • Exhibit 172: Toyota Motor Corp. - Business segments
              • Exhibit 173: Toyota Motor Corp. - Key news
              • Exhibit 174: Toyota Motor Corp. - Key offerings
              • Exhibit 175: Toyota Motor Corp. - Segment focus
            • 12.17 Volkswagen AG
              • Exhibit 176: Volkswagen AG - Overview
              • Exhibit 177: Volkswagen AG - Business segments
              • Exhibit 178: Volkswagen AG - Key offerings
              • Exhibit 179: Volkswagen AG - Segment focus

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 180: Inclusions checklist
                • Exhibit 181: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 182: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 183: Research methodology
                • Exhibit 184: Validation techniques employed for market sizing
                • Exhibit 185: Information sources
              • 13.5 List of abbreviations
                • Exhibit 186: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              INFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases

              DATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts

              REPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape

              PURCHASE FULL REPORT OF

              automotive four-wheel drive vehicle market

              Key Questions Answered

              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?

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