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Automotive Powertrain Market Size & Forecast

Historic: 2021-2023 Base Year: 2024 Forecast: 2025–2031
US$ 1,112.16 Billion
Market Size 2024 · Base Year
US$ 2,010.96 Billion
Projected Market Size by 2031
8.83%
CAGR · 2025–2031
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BMIPUB00031628 56+ Countries Covered 10 Major Companies Profiled PEST & SWOT Analysis Competitive Heat Map
At a Glance

Report Coverage

56 +
Countries
56+ countries across North America, Europe, Asia-Pacific, South and Central America, Middle East and Africa
11
Year Assessment
Comprehensive Market Analysis Covering 3 Years of Historical Data (2021–2023), Base Year (2024), and 7-Year Forecast (2025–2031)
10 +
Major Players
Major companies profiled including Aisin Seiki Co., Ltd, BorgWarner Inc,, GKN PLC, Jtekt Corporation, Magna International Inc.
520
Report Pages
Pages of deep-dive analysis with PEST, SWOT, competitive heat maps and datasets
What's Fueling Growth

Market Drivers

  • Stringent Emission Regulations

  • Rising Consumer Demand for Evs

  • Technological Advancements

Where Growth Opportunities Exist

Key Opportunities

  • Boom in Autonomous and Connected Vehicle Tech

What Could Slow It Down

Market Restraints

  • Shift to EVs impacts deman

  • High R&D cos

  • Regulatory pressure

Market Segmentation

Coverage by Segment

Vehicle Type

Passenger Cars
Light Commercial Vehicles
Heavy Commercial Vehicles

Drive Type

Front-Wheel Drive
Rear-Wheel Drive
All-Wheel Drive

Propulsion Type

ICE
Electric

Sales Channel

OEM
Aftermarket
Geographic Breakdown

Regional Intelligence

NA North America
EU Europe
APAC Asia-Pacific
SCA South & Central America
MEA Middle East & Africa
Competitive Landscape

Major Market Players

Listed for reference — companies are not ranked in any particular order.

Aisin Seiki Co., Ltd
BorgWarner Inc,
GKN PLC
Jtekt Corporation
Magna International Inc.
Marelli Holdings Co., Ltd.
ZF Friedrichshafen AG
Valeo
Robert Bosch GmbH
Schaeffler AG
What's Inside

Report Scope & Deliverables

Market Size 2024 US$ 1,112.16 Billion
Market Size 2031 US$ 2,010.96 Billion
CAGR 2025–2031 8.83%
Segments By Vehicle Type (Passenger Cars, Light Commercial Vehicles, Heavy Commercial Vehicles)  |  By Drive Type (Front-Wheel Drive, Rear-Wheel Drive, All-Wheel Drive)  |  By Propulsion Type (ICE, Electric)
Geographies North America (US, Canada, Mexico)  ·  Europe (Germany, Italy, France, U.K., Spain, Belgium, Netherlands, Luxembourg, Norway, Finland, Denmark, Sweden, Switzerland, Austria, Greece, Portugal, Russia, Poland, Romania, Czech Republic, Ukraine, Slovakia, Bulgaria)  ·  Asia-Pacific (China, Japan, South Korea, India, Australia, New Zealand, Indonesia, Malaysia, Philippines, Singapore, Thailand, Vietnam, Taiwan, Bangladesh)  ·  South and Central America (Brazil, Argentina, Chile, Colombia, Peru)  ·  Middle East and Africa (Saudi Arabia, United Arab Emirates, Kuwait, Bahrain, Qatar, Oman, Turkiye, South Africa, Egypt, Nigeria, Algeria)
Deliverables Historical analysis with CAGR · PEST & SWOT analysis · Market Size at Global, Regional, and Country Levels · Competitive heat map · Company profiles · Excel dataset
Report Code BMIPUB00031628
Lead Analyst Dhananjay Pawar — Analyst, Research · View Profile
With Full Report Access

Gain actionable insights with 520 pages of in-depth Automotive Powertrain Market, including historical trends, 7-year market forecasts, SWOT analysis, competitive landscapes, and downloadable Excel datasets in a single comprehensive package.