Global Powertrain Market

Transparency Market

Research

Global Powertrain Market Expected to Reach US$524.60

Billion by 2020, Driven by Rapid Rise in Automotive

Industry

Published Date

2015-04-02

80 Page Report

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TITLE

Global Powertrain Market - Global Industry Analysis, Size,

Share, Growth, Trends and Forecast 2014 - 2020

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Global Powertrain Market

REPORT DESCRIPTION

Global Powertrain Market - Global Industry Analysis, Size, Share, Growth,

Trends and Forecast 2014 - 2020

Transparency Market Research (TMR), a market intelligence and research firm, has recently

published a research study on the global powertrain market, estimating its market value by 2020

at US$524.60 billion, developing at a CAGR of 5.3% during the period from 2014 to 2020.The

report, titled “Global Powertrain Market - Global Industry Analysis, Size, Share, Growth,

Trends and Forecast 2014 - 2020”, determines the overall value of the global powertrain

market in 2013 at US$365.67 billion. It analyzes the global market for powertrains on the basis of

the vehicle type, component used, and the regional markets.On the basis of vehicle type, cars,

ICV, LCV, HCV, construction equipment, farm tractors, off-road vehicles, and defense vehicles are

the major segments of the global powertrain market. The cars market occupied the leading

position in the overall market in 2013.

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The automotive sector is one of the booming sectors currently and is expected to witness

considerable growth during the forecast period. The powertrain market is presently more inclined

towards fuel economy by downsizing the engines and reduction in emissions to make the

vehicles...