AMA recognizes the following companies as the key players who are driving Automotive Powertrain Systems market, some of them are Toyota Motor Corporation (Japan), General Motors Company (United States), Hyundai Motor Company (South Korea), Aisin Seiki (Japan)), Borgwarner (United States), Ford Motor (United States), Delphi Automobile (United Kingdom), Magna Powertrain (United States), Denso Corporation (Japan), GKN PLC (United Kingdom), Jtekt Corporation (Japan) and ZF Friedrichshafen (Germany)..
An analyst from AdvanceMarketAnalytics team said: One of the key factors which is trending the market is Surging trend for engine downsizing which reduces fuel emission. and Growing demand for automated transmission in powertrain system. Considering the revolutionary changes occurring in this market, there is a growing demand from the use of Automotive Powertrain Systems such as Engine, Transmission, Differentials, Drive Shafts and Others.
According to the report, some of the important driving forces behind the market growth are Increasing demand for automated transmission
. The primary concern of any business is the reduction of the overall operating cost. The increased need for operating efficiency and meeting regulatory demands at the same time have become major challenges for the original Vendors, additional restraints impacting market are Increasing production cost of powertrain system which is continuously seeking attention of Industry Experts and Decision makers.
The study was conducted using primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market study and vendor landscape in addition to a SWOT analysis of the key Vendors.