Global Automotive Four-wheel Drive Vehicle Market 2017-2021

Published: August 2017
No. of Pages: 94
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An automotive 4WD system is typically used in off-road vehicles and involves the distribution of power and torque to all the four wheels. The system may be fitted as a full-time or an on-demand functionality. This distribution of power to all the four wheels helps in attaining better driving characteristics in low-traction conditions. 4WD is a standard component in most pickup trucks, SUVs, and crossovers. The history of automotive 4WD technology dates to the inception of automobiles. The earliest evidence of the four-wheel design was found in the late 1890s when an English engineer patented the technology for traction engines.

The analysts forecast global automotive four-wheel drive vehicle market to grow at a CAGR of 11.34% during the period 2017-2021.

Covered in this report

This report covers the present scenario and the growth prospects of the global automotive four-wheel drive vehicle market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA

This report, Global Automotive Four-wheel Drive Vehicle Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

  • BorgWarner
  • GKN
  • Linamar
  • Magna
  • ZF Friedrichshafen

Other prominent vendors

  • American Axle & Manufacturing
  • Dana
  • Hitachi Automotive Systems

Market driver

  • Booming global SUV market with growing volume sales
  • For a full, detailed list, view our report

Market challenge

  • Advanced 4WD increasing the overall vehicle cost
  • For a full, detailed list, view our report

Market trend

  • Development of intelligent torque vectoring for AWD
  • For a full, detailed list, view our report

Key questions answered in this report

  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?

Published By: Technavio
Product Code: Technavio16890

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