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Powertrain Market to Exhibit a Remarkable CAGR of 5.10% by 2028, Size, Share, Trends, Key Drivers, Demand, Opportunity Analysis and Competitive Outlook
Powertrain Market
Market Definition:
Powertrain is a product of automotive industry wherein the powertrain transmits drive from the engine to rear and front axles. The powertrain incorporates the application of drive shaft and drive train to transfer power from engine to the axle of the vehicle which in turn enables mobility. It also uses every component that converts the engine's power into movement. Powertrains offer a wide range of benefits such as fuel efficient, less polluting and longer life. Various factors are to be kept in mind by the manufacturers during the manufacturing process in regards to components of the powertrain.
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Some of the major players operating in the Powertrain market are:
Continental AG, DENSO CORPORATION, General Motors, Delphi Technologies, Hyundai Motor Company, Magna International Inc., Mahindra & Mahindra Ltd., AISIN CORPORATION, Ford Motor Company, Melrose Industries PLC, Volkswagen, Robert Bosch GmbH, Eaton, Hitachi, Ltd., BorgWarner Inc., Marelli Holdings Co,. Ltd., TOYOTA MOTOR CORPORATION, ZF Friedrichshafen AG, American Axle & Manufacturing, Inc. and JTEKT Corporation among other domestic and global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately.
Competitive Landscape and Powertrain Market Share Analysis:
The powertrain market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to powertrain market.
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