What is Drive System Components?
The Drive System refers to the kind of machine riding your car. Front-wheel drive, rear-wheel drive, all-wheel pressure are all sorts of power systems. The drivetrain is comprised of a series of elements in a car that switch strength from the transmission to the wheels/ power it forward. These elements encompass the driveshaft, CV joints, the differential, the axle shafts and the U-joints. The transmission machine is commonly composed of clutch, transmission, established transmission, ultimate drive, differential, and 1/2 shaft. Its simple feature is to transmit the electricity from the engine to the riding wheels of the car, producing using force, so that the vehicle can pressure at a positive speed. There are three time-honored classes of electric powered drives: DC motor drives, eddy contemporary drives and AC motor drives. Each of these regularly occurring sorts can be in addition divided into severa variations. Electric drives typically consist of each an electric powered motor and a pace manage unit or system.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
Key Companies Profiled | Continental AG (Germany), Delphi Automotive Plc. (United Kingdom), Denso (Japan), Bosch (Germany), Schaeffler (Germany), Johnson Electric (China), Mitsubishi Electric (Japan), Infineon (Germany), Hitachi Automotive Systems (Japan) and Valeo (France) |
CAGR | % |
The market study is broken down, by Application (Automobile Repairing and Automobile Making) and major geographies with country level break-up.
The market is seeing moderate market players, by seeing huge growth in this market the key leading vendors are highly focusing towards the production technologies, efficiency enhancement and product life. There is various growth opportunity in this market which is captured by leading players via tracking the ongoing process enhancement and huge invest in market growth strategies. Analysts at AMA Research estimates that Vendors from Global will contribute to the maximum growth of Global Drive System Components market throughout the predicted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Continental AG (Germany), Delphi Automotive Plc. (United Kingdom), Denso (Japan), Bosch (Germany), Schaeffler (Germany), Johnson Electric (China), Mitsubishi Electric (Japan), Infineon (Germany), Hitachi Automotive Systems (Japan) and Valeo (France) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Mahle (Germany) and Cummins (United States).
Segmentation Overview
AdvanceMarketAnalytics has segmented the market of Global Drive System Components market by Type, Application and Region.
On the basis of geography, the market of Drive System Components has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Drive, the sub-segment i.e. Front wheel drive will boost the Drive System Components market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Vehicle , the sub-segment i.e. Passenger will boost the Drive System Components market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
In 2021, Schaeffler has obtained BEGA International B.V. (Bega), a main producer of unique equipment for mounting and dismounting rolling bearings. The acquisition marks some other step in the enlargement of Schaeffler’s lifecycle provider portfolio. Access to the IIoT platform created for Schaeffler’s OPTIME situation monitoring answer additionally opens up new chances for Bega’s smart renovation tools. Customers will additionally benefit. They will have a frequent person interface for all touchpoints, which will assist make sure a seamless consumer journey throughout the rolling bearing lifecycle, from set up to monitoring and maintenance, proper via to repair. Customers and companions will be capable to supply options and offerings for rolling bearing protection and monitoring from a single company and will advantage from greater streamlined get entry to vary of preservation and restore solutions.
Market Drivers
- Rapidly Rising Demand for High Fuel Efficiency and Transmission System
- Stringent Regulations
Opportunities
- Adopting Advanced Technologies to Keep Pace with the Leading Manufacturers in the Automotive Industry
Restraints
- High Cost of Advanced Transmission Systems
Challenges
- Require More Complex Drive Electronics
- Limited Horsepower Means Multiple Motors Must Be Installed When Power Requirements Are High
Key Target Audience
Raw material suppliers, Semiconductor component and device manufacturers, Original equipment manufacturers, Component and device suppliers and distributors, Automotive control system integrator, Venture Capitalists, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.
Frequently Asked Questions (FAQ):
1. What all players are profiled in the study?
The standard version of the report profiles players such as Continental AG (Germany), Delphi Automotive Plc. (United Kingdom), Denso (Japan), Bosch (Germany), Schaeffler (Germany), Johnson Electric (China), Mitsubishi Electric (Japan), Infineon (Germany), Hitachi Automotive Systems (Japan) and Valeo (France) etc.
2. Can we have customized study for Drive System Components Market?
The Study can be customized subject to feasibility and data availability. Please connect with our sales representative for further information.
3. What would be the Market Size of Drive System Components Market by 2027?
Analysts at AMA estimates Drive System Components Market to reach USD Million by 2027.