To identify growth opportunities in the automotive four-wheel drive system market, the market has been segmented into regions that are growing faster than the overall market. These regions have been pitted against regions that have a slower growth rate than the global market in 2017-2022. APAC and the Americas will grow faster than the overall market. The growth of EMEA will be slower than the global market.
Below are some of the key findings from the automotive four-wheel drive system market research report
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Global Automotive Four-wheel Drive System Industry Overview
Improved driving dynamics, stability, and handling in different terrains is a major factor driving the growth of the automotive four-wheel drive market size. The functional advantages of automotive four-wheel drive systems and the superior comfort levels they provide are positive factors for the growth of the market under review. The integration of a four-wheel drive system or an all-wheel drive system with a vehicle’s drivetrain significantly enhances the dynamics of driving across terrains. Regular advancements in automotive technology are ushering in smarter and intelligent vehicles for enhancing the overall ride quality as well as safety, in turn, driving the adoption of automobile four-wheel drive systems. The main advantages such as the better distribution of power and torque to individual wheels will further boost their adoption.
The increased penetration rate of the four-wheel drive system in sedans is identified as one of the key automotive four-wheel drive system market trends gaining prominence in recent years. 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. As a result, this automotive four-wheel drive system market forecast predicts the market will grow at a CAGR of over 12% during the forecast period.
Top automotive four-wheel drive system companies covered in this market research report
The automotive four-wheel drive system market is moderately fragmented. To help clients improve their market position, this report provides an analysis of the market’s competitive landscape and offers information on the products offered by various companies. Moreover, this automotive four-wheel drive system market research report also includes information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make most of the expanding automotive four-wheel drive market size.
The report offers a detailed analysis of several automotive four-wheel drive system companies, including:
American Axle & Manufacturing
Automotive four-wheel drive system market segmentation based on geographic regions
With a complete study of the growth opportunities for the companies, the Americas will lead the market in 2017 with an automotive four-wheel drive system market share of over 41%. This region is expected to dominate the market through 2022.
Automotive four-wheel drive system market segmentation based on applications
The SUVs/Crossovers segment will account for the highest share and growth of the automotive four-wheel drive system market. Additionally, the report also provides an accurate prediction of the contribution of the various application segments to the growth of the automotive four-wheel drive market size.
Key highlights of the global automotive four-wheel drive system market for the forecast years 2018-2022:
CAGR of the market during the forecast period 2018-2022
Detailed information on factors that will accelerate the growth of the automotive four-wheel drive system market during the next five years
Precise estimation of the global automotive four-wheel drive market size and its contribution to the parent market
Accurate predictions on upcoming trends and changes in consumer behavior
Growth of the automotive four-wheel drive system industry across the Americas, APAC, and EMEA
A thorough analysis of the market’s competitive landscape and detailed information on several vendors
Comprehensive details on the factors that will challenge the growth of automotive four-wheel drive system companies
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