자동차 파워트레인 세계 시장 규모는 2023년 8,092억 달러, 2024년 8,868억 8,800만 달러에서 2032년에는 1조 8,465억 1,000만 달러로 성장할 것으로 예상되며, 예측 기간(2025-2032년) 동안 9.6%의 연평균 복합 성장률(CAGR)을 보일 것으로 예측됩니다.
자동차 산업은 판매량 감소와 코로나19 사태로 인한 새로운 규제로 인해 눈에 띄는 변화를 목격하고 있습니다. 그러나 자동차의 전동화 및 전기차에 대한 수요 증가는 첨단 자동차 파워트레인으로 시장 발전를 촉진하고 있습니다. 자동변속기 및 엔진 다운사이징과 같은 메커니즘은 연비 향상을 위해 점점 더 많이 요구되고 있습니다. 자동차의 전동화는 성능 향상과 새로운 표준의 엄격한 준수를 촉진하고 있습니다. 파워트레인 전자장치는 자동차에 필수적인 기능을 조정하는 데 중요한 역할을 하며, 교류 발전기 같은 부품의 효율을 개선하고 전력 밀도를 높일 수 있게 해줍니다. 지속가능성에 대한 인식과 규제 압력에 힘입어 전기 및 하이브리드 차량용 솔루션으로의 강력한 전환이 진행되고 있습니다.
Global Automotive Powertrain Market size was valued at USD 809.2 billion in 2023 and is poised to grow from USD 886.88 billion in 2024 to USD 1846.51 billion by 2032, growing at a CAGR of 9.6% during the forecast period (2025-2032).
The automotive industry is witnessing a notable shift marked by declining sales and new regulations stemming from the COVID-19 pandemic. However, the growing demand for vehicle electrification and electric vehicles is driving market evolution towards advanced automotive powertrains. Mechanisms like automated transmissions and engine downsizing are increasingly sought after for better fuel efficiency. The rise of electrical power in automobiles signals a push for enhanced performance and strict adherence to new standards. Powertrain electronics play a critical role in regulating essential automotive functions, enabling improved efficiency and high power density in components like alternators. As major players, including Bharat Forge and Continental, enhance their offerings with innovative technologies, a robust transition to electric and hybrid vehicle solutions is underway, fueled by sustainability awareness and regulatory pressures.
Top-down and bottom-up approaches were used to estimate and validate the size of the Global Automotive Powertrain market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.
Global Automotive Powertrain Market Segments Analysis
Global Automotive Powertrain Market is segmented by Powertrain Type, Vehicle Type, Sales Channel and region. Based on Powertrain Type, the market is segmented into Internal Combustion Engine (ICE), Gasoline, Diesel, Compressed Natural Gas, Hybrid Powertrain, Full Hybrid, Mild Hybrid, Plug-in Hybrid, Electric Powertrain, Battery Electric Vehicle and Fuel Cell Electric Vehicle. Based on Vehicle Type, the market is segmented into Passenger Cars, Light Commercial Vehicles (LCVs), Heavy Commercial Vehicles (HCVs) and Off-Highway Vehicles. Based on Sales Channel, the market is segmented into Original Equipment Manufacturers (OEMs) and Aftermarket. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.
Driver of the Global Automotive Powertrain Market
The Global Automotive Powertrain market is being significantly driven by escalating fuel prices and heightened awareness regarding environmental sustainability. As consumers increasingly seek vehicles that enhance fuel efficiency and minimize emissions, there is a marked shift toward advanced powertrain technologies. Innovations such as hybrid powertrains, electric powertrains, and turbocharged engines are gaining traction due to their ability to deliver better fuel economy while simultaneously reducing harmful emissions. This growing preference for eco-friendly and efficient vehicle options is propelling the development and adoption of these cutting-edge powertrain solutions in the automotive industry.
Restraints in the Global Automotive Powertrain Market
The Global Automotive Powertrain market faces significant constraints due to the substantial investments needed for research and development, alongside the requisite production facilities and equipment. These high costs create a considerable barrier to entry for new players looking to enter the market, discouraging innovation and limiting competition. Furthermore, established companies may also find their capacity to invest in cutting-edge technology hindered by these financial demands. As a result, the market's growth and evolution could be stifled, impacting overall advancements in powertrain systems and potentially slowing down the adoption of innovative solutions within the automotive sector.
Market Trends of the Global Automotive Powertrain Market
The Global Automotive Powertrain market is experiencing a transformative shift driven by the accelerating trend of vehicle electrification. Automakers are heavily investing in advanced electric powertrain technologies in response to surging consumer demand for sustainable mobility solutions. This paradigm shift has spurred the rapid development and deployment of innovative powertrain configurations, including battery-electric vehicles (BEVs) and plug-in hybrid electric vehicles (PHEVs). Additionally, regulatory pressures and incentives aimed at reducing carbon emissions are propelling this trend, urging manufacturers to prioritize R&D in electric and hybrid systems. As a result, the market is witnessing a dynamic evolution, characterized by heightened competition and technological advancements aimed at improving efficiency and performance.