Global Automotive Powertrain Market to Reach 116 Million Units by 2017, According to New Report by Global Industry Analysts, Inc.

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GIA announces the release of a comprehensive global report on Automotive Powertrain market. World Automotive Powertrain market is projected to reach 116 million units by the year 2017. Growth will be primarily driven by healthy increases in the production of passenger cars and commercial vehicles and cutting edge developments in electric and hybrid car powertrains.

Automotive Powertrain: A Global Strategic Business Report

Follow us on LinkedIn – Comprising of engine and transmission, wheels, drive shaft, suspension, and exhaust system, powertrain represents one of the most complicated components in an automobile. As an important system that enables operation of an automobile, demand for powertrain closely follows automotive production trends, which are in turn a function of GDP growth and spending power of consumers. There exists a strong correlation between national income in a given economy and automobile sales and ownership rates. With per capita GDP (GDP/person) in developing Asian economies flaunting the potential to breach over US$4,500, a point where mass motorization typically tends to kick in, its opportunities galore for the automobile industry and powertrains are poised to be the prime beneficiary.

Automotive powertrain technologies, over the last decade, witnessed a period of technological change and flux. Powertrain dynamics has evolved over the years as a result of the automobile industry’s quest for superior propulsion, driving comfort, and operation performance. Current powertrain technologies include internal combustion engine (compression & spark ignition), hybrids, and electric (batteries, fuel cell powered). The industry will continue to witness change and migration towards newer technologies driven by all consuming issues, such as, rising fuel prices, demand for superior fuel efficiency, stricter automotive emission standards, government emphasis in reducing dependence on traditional fossil fuels and consumer sensitivity to the cost of powertrain alternatives. In the upcoming years, evolving norms in vehicle design and architecture, such as, structural weight reduction/downsizing, turbocharging and hybridization will throw the spotlight on electric cars and electric powertrain systems. In contrast to the current naturally aspirated gasoline engines, turbocharged gasoline engines will rise in the upcoming years on par with electric hybrid engine to offer fuel economy advantages that narrow the current fuel efficiency gap between diesel and gasoline engines.

Although the migration from Internal Combustion Engines (ICE) to zero emission electric cars is currently underway, complete transition spans a long journey, and is not forecast to materialize in the near future. In the short-to-medium term, however, improvements to ICE, and conventional engines will be focused upon by OEMs as they step up to meet increased environmental and fuel efficiency pressures. Direct Injection Spark Ignition (DISI) Gasoline Engines will also remain a key area of interest to automakers, given its ability to reduce fuel consumption and CO2 emissions. Further, the gradual dieselization of the world economy, as a result of greater fuel efficiency, higher power-to-weight ratios, growing sophistication of diesel powertrains and more efficient diesel exhaust technologies, is creating increased demand for diesel powertrains. In the hybrid powertrain market sector, the future of powertrain configurations, such as, micro/mild hybrid, Parallel hybrid, Powersplit hybrid, Serial hybrid, among others, will depend on the heavy hand of the government in artificially creating a conducive business environment. For instance, tax benefits, relaxation of congestion charges for EVs/hybrids, stricter implementation of CO2 fleet emission targets, CO2 fleet emission targets, capital incentives for R&D projects, road/infrastructure use benefits, such as, permits to use bus and LCV lanes, among others.

While the automotive industry the world over is recovering from the 2007-2009 recession, the industry in Europe is running into fresh set of challenges. The industry in the region currently continues to vacillate between optimism and fear, marring sentiments in an otherwise recovering market. Macro themes affecting Europe include the prolonging of the sovereign debt crisis as a result of the half-measures implemented till date in attempts to stave off the crisis, a dysfunctional financial system that is fuelling a slow-motion economic collapse and fears over reduced consumer spending and slower economic growth as a result of austerity measures. Currently however, despite all the economic risks carried by the debt crisis and the numerous potential outcomes of the crisis, immediate term outlook remains positive, mirroring the guarded optimism prevailing over the financial bailout strategies designed to restore market confidence. Against this backdrop, consumer spending which continues to remain a key pillar of growth in the automotive & automotive related industries, which although currently jittery and sensitive to vacillating market sentiments, is nevertheless expected to hold up in the year 2012.

As stated by the new market research report on Automotive Powertrain, Asia-Pacific represents the largest market worldwide. Diesel Powertrain is one of the fastest growing market segments trailing a projected CAGR of 9.5% over the analysis period 2009 through 2017.

Major players in the marketplace include Audi Hungaria Motor Kft., BorgWarner Inc., Continental AG, Daimler AG, Dana Holding Corporation, Federal-Mogul Corporation, GM Powertrain, Honda Transmission Manufacturing of America, Inc, Magna Powertrain Inc., Magneti Marelli Powertrain S.p.A, Robert Bosch GmbH, Ricardo Plc, World Industries Ace Corporation, ZF Friedrichshafen AG, among others.

The research report titled “Automotive Powertrain: A Global Strategic Business Report” announced by Global Industry Analysts, Inc., provides a comprehensive review of market trends, issues, drivers, company profiles, and key strategic industry activities. Market estimates and projections are presented for all major geographic markets including US Canada, Japan, Europe (France, Germany, Italy, UK, Spain, Russia and Rest of Europe), Asia-Pacific, Latin America and Rest of World. Product segments analyzed include Gasoline Powertrain, Diesel Powertrain, and Others.

For more details about this comprehensive market research report, please visit –

About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a leading publisher of off-the-shelf market research. Founded in 1987, the company currently employs over 800 people worldwide. Annually, GIA publishes more than 1300 full-scale research reports and analyzes 40,000+ market and technology trends while monitoring more than 126,000 Companies worldwide. Serving over 9500 clients in 27 countries, GIA is recognized today, as one of the world's largest and reputed market research firms.

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Global Industry Analysts, Inc.
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