DUBLIN, March 20, 2019 /PRNewswire/ -- The "Automotive Multi-Wheel Drive Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024" report has been added to ResearchAndMarkets.com's offering.
The global automotive multi-wheel drive market reached a volume of 15.3 Million Units in 2018
An automotive multi-wheel drive, also known as an all-wheel drive or (AWD), is a type of automobile in which all the wheels receive equal torque from the engine. It includes vehicles that have four or more than four wheels such as SUVs, trucks, commercial lorries and luxury cars. Generally, in vehicles with two-wheel drive, the engine can supply power to either the front wheels or the rear wheels at a single point of time.
Whereas, in all-wheel or multi-wheel drives, all the wheels of a vehicle operate simultaneously in order to provide better traction and handling during adverse weather conditions. They are also considered ideal for rough terrains like snow, ice, mud, off-road and sand, as these drives prevent slipping and help propelling the vehicle forward. Moreover, multi-wheel drives also enable the engines to distribute the weight in a more efficient manner.
Increasing awareness among consumers regarding their safety while driving has catalyzed the demand for various advanced in-built safety features such as multi-wheel drive. In addition, to improve the traction and control over the vehicle, most luxury and sports cars are installed with multi-wheel drive systems. A shift in consumer preferences towards comfort and luxury driving with enhanced driving dynamics is further expected to augment the overall demand for luxury cars, SUVs and other sports vehicles across Europe and Asia.
Looking forward, we expect the global automotive multi-wheel drive market to reach a volume of 21.1 Million Unit by 2024 exhibiting a CAGR of 5.5% during 2019-2024.
Key Questions Answered in This Report:
- How has the global automotive multi-wheel drive market performed so far and how will it perform in the coming years?
- What are the key regional markets in the global automotive multi-wheel drive industry?
- What is the breakup of the global automotive multi-wheel drive market on the basis of vehicle type?
- What is the breakup of the global automotive multi-wheel drive market on the basis of transmission type?
- What is the breakup of the global automotive multi-wheel drive market on the basis of wheel drive type?
- What are the various stages in the value chain of the global automotive multi-wheel drive market?
- What are the key driving factors and challenges in the global automotive multi-wheel drive market?
- What is the structure of the global automotive multi-wheel drive market and who are the key players?
- What is the degree of competition in the global automotive multi-wheel drive market?
Key Topics Covered:
2 Scope and Methodology
2.1 Objectives of the Study
2.3 Data Sources
2.4 Market Estimation
2.5 Forecasting Methodology
3 Executive Summary
4.2 Key Industry Trends
5 Global Automotive Multi Wheel Drive Market
5.1 Market Overview
5.2 Market Performance
5.3 Market Breakup by Vehicle Type
5.4 Market Breakup by Transmission Type
5.5 Market Breakup by Wheel Drive Type
5.6 Market Breakup by Region
5.7 Market Forecast
6 Market Breakup by Vehicle Type
6.1 Passenger Cars
6.2 Light Commercial Vehicles
6.3 Heavy Commercial Vehicles
7 Market Breakup by Transmission Type
7.1 Manual MWD
7.2 Automatic MWD
8 Market Breakup by Wheel Drive Type
9 Market Breakup by Region
10 Global Automotive Multi Wheel Drive Industry: SWOT Analysis
11 Global Automotive Multi Wheel Drive Industry: Value Chain Analysis
11.2 Research and Development
11.3 Raw Material Procurement
12 Global Automotive Multi Wheel Drive Industry: Porters Five Forces Analysis
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Competition
12.5 Threat of New Entrants
12.6 Threat of Substitutes
13 Global Automotive Multi Wheel Drive Industry: Price Analysis
13.1 Price Indicators
13.2 Price Structure
13.3 Margin Analysis
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
14.3.1 Borg Warner Inc
14.3.2 Continental AG
14.3.3 ZF Friedrichshafen AG
14.3.4 JTKT Corporation
14.3.5 Magna International Inc.
14.3.6 American Axle Manufacturing
14.3.7 Eaton Corporation
14.3.8 GKN Plc
14.3.9 Dana Holding Corporation
14.3.10 Oerlikon Inc
14.3.11 Mitsubishi Motors
For more information about this report visit https://www.researchandmarkets.com/research/z9wcmg/global_automotive?w=5
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