" Global Alternative Powertrain Market Size & Share, Growth, Trends and Forecast 2017 - 2025" is the latest addition to MarketResearchReports.Biz industry research reports collection.
The objectives of this study are as follows:
To define, describe, and forecast the "Alternative Powertrain" market by type, application, component, delivery model, end user, and region
To provide detailed information regarding major factors influencing market growth (drivers, restraints, opportunities, and industry-specific challenges)
To analyze micromarkets with respect to individual growth trends, prospects, and contributions to the overall market
To analyze opportunities in the market for stakeholders and provide details of the competitive landscape for market leaders
To forecast the market size of market segments with respect to the four key regions: North America, Europe, Asia, and the Rest of the World (RoW)
To strategically profile the key players and comprehensively analyze their product portfolios, market positions, and core competencies
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The automobile sector has undergone remarkable evolution in the last 30 years, the most occurring in powertrain technology. Alternative powertrain consist of a propulsion system that does not depend upon the popular internal combustion engine. Alternative powertrain consist of hybrids engine, full battery electric, hydrogen fuel cell, compress air, gasoline kit, and others. There is significant excitement surrounding the electrical vehicles. The current powertrain technology in the automotive industry includes spark-ignited (gasoline) engines, compression engines (diesel), and electric. Furthermore, there are numerous variations on how this technology is implemented in the automotive industry such as spark-ignition internal combustion engines (gasoline), direct injection, homogeneous charge compression injection, compression ignition internal combustion engines (diesel or biodiesel), hybrid electrical vehicles (gasoline or diesel), plug-in electric vehicles, plug-in hybrid electric vehicles, extended range plug-in electric vehicles, and battery electric vehicles.
The global alternative powertrain market can be segmented based on components, vehicles, and region. In terms of components, the alternative powertrain market can be segmented into engines, transmission, drive shaft, differentiation, and final drive. Rise in the number of vehicles across the globe has led to the increase in carbon dioxide emission. Most counties have strict policies on automobiles in order to protect the environment from the increase in CO2 emission. The automobile manufacturer to produce more fuel-efficient vehicles with a less CO2 emission which in turn to increasing the demand for alternating powertrain. In terms of vehicle, the alternative powertrain market can be segmented into commercial vehicles and passenger vehicles. The passenger vehicles segment can be further sub-segmented into hatchback, sedan, MPV, and others. The number of passenger vehicles in the market is very high. The commercial vehicles segment can be further sub-segmented into light commercial vehicles and heavy commercial vehicles.
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Geographically, the alternative powertrain market can be segmented into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America. In the U.S., commercial vehicles utilize more than a quarter of all fuel burned annually. As economies grow, the number of commercial vehicles is expected to rise, and commercial and government fleet operators around the world are likely to consider investments in fuel efficiency technologies and alternative powertrains. Global commercial alternative powertrain for light and heavy commercial vehicles is increases. This is likely to propel the alternative powertrain market during the forecast period. Countries such as China, Europe, and the U.S. have strict emission regulation coupled with increase in consumer awareness about fuel efficiency and gaining the advantages of electric vehicles, hybrid vehicles, flexible fuel vehicles, and natural gas vehicles is significantly increasing the automotive powertrains by engine fuels.
Key players operating in the global alternative powertrain 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, Borgwarner Inc, and ZF Friedrichshafen AG.
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
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The study is a source of reliable data on:
- Market segments and sub-segments
- Market trends and dynamics
- Supply and demand
- Market size
- Current trends/opportunities/challenges
- Competitive landscape
- Technological breakthroughs
- Value chain and stakeholder analysis
The regional analysis covers:
- North America (U.S. and Canada)
- Latin America (Mexico, Brazil, Peru, Chile, and others)
- Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
- Eastern Europe (Poland and Russia)
- Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
- Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.
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Highlights of the report:
- A complete backdrop analysis, which includes an assessment of the parent market
- Important changes in market dynamics
- Market segmentation up to the second or third level
- Historical, current, and projected size of the market from the standpoint of both value and volume
- Reporting and evaluation of recent industry developments
- Market shares and strategies of key players
- Emerging niche segments and regional markets
- An objective assessment of the trajectory of the market
- Recommendations to companies for strengthening their foothold in the market
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