Powertrain Machinery Market Size, Trends and Insights By Component (Engine Machinery, Transmission Machinery, Drivetrain Machinery, Electric Powertrain Machinery), By Type (CNC Machining Equipment, Casting and Forging Machinery, Welding and Joining Machinery, Cutting and Grinding Equipment), By Application (Automotive Industry, Off-Highway Vehicles, Electric Vehicles, Aerospace and Defence), and By Region - Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2023–2032


Report Code: CMI27488

Published Date: August 2023

Pages: 220+

Category: Automotive

Report Snapshot

CAGR: 7.1%
112.5B
2022
129.9B
2023
287.3B
2032

Source: CMI

Study Period: 2023-2032
Fastest Growing Market: Asia-Pacific
Largest Market: Europe

Major Players

  • Siemens AG
  • Bosch Rexroth AG
  • ABB Ltd.
  • Schaeffler Technologies AG & Co. KG
  • Others

Exclusive, in-depth market intelligence can help you increase your Revenue.

Download Sample Pdf

Reports Description

As per the current market research conducted by CMI Team, the global Powertrain Machinery Market is expected to record a CAGR of 7.1% from 2023 to 2032. In 2022, the market size is projected to reach a valuation of USD 112.5 billion. By 2032, the valuation is anticipated to reach USD 287.3 billion.

Key Specifications of the Electric Drives in EPHD Shovel Products

Model Power of Electric Drive Voltage level
Liebherr R9200E 810kW 6kV
Hitachi EX1900 E 610kW 6kV~6.9kV
Hitachi EX8000 E 2x1200kW 6kV~6.9kV
Caterpillar 6030AC 1000kW 6.6kV
Caterpillar 6060AC 1800kW 6.6kV
Komatsu PC3000-6 900kW 6kV~7.2kV
Komatsu PC8000-6 2x1450kW 6kV~7.2kV
XCMG XE7000E 2x1200kW 6kV~11kV
TYHI WYD260 1000kW 6kV~11kV
Source: According to IEEE Xplore Survey

The powertrain machinery market encompasses the global industry involved in designing, manufacturing, and distributing machinery and equipment used for producing powertrain components like engines, transmissions, and electric powertrains in automotive and transportation applications.

The powertrain machinery market is dynamic and technology-driven, characterized by continuous innovations in precision machining, automation, and smart manufacturing solutions. It caters to the evolving demands of the automotive industry, which is transitioning towards electric and hybrid vehicles, thus requiring advanced electric powertrain machinery.

Key trends include the integration of Industry 4.0 concepts, the adoption of IoT for smart and connected manufacturing processes, and advancements in electric powertrain machinery to meet the rising demand for sustainable transportation solutions.

Powertrain Machinery Market – Significant Growth Factors

The Powertrain Machinery Market presents significant growth opportunities due to several factors:

  • Growing Automotive Industry: The expanding automotive sector, driven by rising vehicle production and demand, fuels the demand for powertrain machinery used in manufacturing engines, transmissions, and drivetrain components.
  • Transition to Electric Mobility: The global shift towards electric vehicles creates a significant demand for electric powertrain machinery, including equipment for producing electric motors, batteries, and power electronics.
  • Technological Advancements: Continuous innovations in powertrain machinery, such as precision machining, robotics, and automation, enhance productivity, efficiency, and the quality of powertrain components.
  • Stringent Emission Regulations: Strict environmental regulations worldwide mandate automakers to adopt advanced powertrain technologies, leading to increased investment in machinery for producing eco-friendly engines and drivetrains.
  • Investment in Research and Development: Manufacturers can capitalize on opportunities by investing in research and development to develop innovative and cutting-edge powertrain machinery. R&D efforts enable the introduction of advanced technologies that improve efficiency and address emerging industry challenges.
  • Focus on Sustainable Manufacturing: Emphasizing sustainability in powertrain machinery manufacturing offers an opportunity to meet the automotive industry’s demand for eco-friendly practices. Developing machinery with energy-efficient processes and using recyclable materials can attract environmentally conscious customers and align with global sustainability goals.

Powertrain Machinery Market – Mergers and Acquisitions

The Powertrain Machinery Market has seen several mergers and acquisitions in recent years, with companies seeking to expand their market presence and leverage synergies to improve their product offerings and profitability. Some notable examples of mergers and acquisitions in the Powertrain Machinery Market include:

  • Mitsubishi Electric Corporation and Nissan Motor Co., Ltd.: In 2021, Mitsubishi Electric Corporation collaborated with Nissan Motor Co., Ltd. to develop next-generation power electronics technologies for electric vehicles, focusing on enhancing powertrain performance and efficiency.
  • ABB Ltd. and Volvo Group: ABB Ltd., a pioneering technology company, partnered with Volvo Group to jointly develop and commercialize electric and hybrid powertrain solutions for the commercial vehicle market, aiming to accelerate the transition to sustainable transport.
  • BorgWarner Inc. and Delphi Technologies: In 2020, BorgWarner Inc., a major powertrain technology supplier, acquired Delphi Technologies, a leader in automotive propulsion technologies, to expand its product portfolio and strengthen its position in the powertrain market.
  • Dana Incorporated and Nordresa: In 2019, Dana Incorporated, a global supplier of drivetrain solutions, acquired Nordresa, a pioneer in electrified powertrains, to bolster its electric vehicle capabilities and advance its electrification strategy.

These mergers and acquisitions have helped companies expand their product offerings, improve their market presence, and capitalize on growth opportunities in the Powertrain Machinery Market. The trend is expected to continue as companies seek to gain a competitive edge in the market.

COMPARATIVE ANALYSIS OF THE RELATED MARKET

Powertrain Machinery Market Advanced Driver Assistance Systems (ADAS) Market Automotive Steer-By-Wire System Market
CAGR 7.1% (Approx) CAGR 18.2% (Approx) CAGR 7.8% (Approx)
USD 287.3 Billion by 2032 USD 81.17 Billion by 2032 USD 6.2 Billion by 2032

Powertrain Machinery Market – Significant Threats

The Powertrain Machinery Market faces several significant threats that could impact its growth and profitability in the future. Some of these threats include:

  • Economic Uncertainty: Fluctuations in global economic conditions, such as recessions or economic downturns, can lead to reduced consumer spending on automobiles, affecting the demand for powertrain machinery and components.
  • Trade Wars and Tariffs: Trade disputes and the imposition of tariffs on automotive imports and exports can disrupt supply chains and increase manufacturing costs, impacting the competitiveness of the powertrain machinery market.
  • Technological Disruptions: Rapid advancements in alternative propulsion technologies, such as fuel cells and hydrogen-powered vehicles, may disrupt the traditional powertrain market, leading to potential shifts in manufacturing focus and investments.
  • Environmental Regulations: Stringent emission regulations and evolving environmental policies may require significant investments in research and development for eco-friendly powertrain solutions, putting financial pressure on manufacturers and affecting market dynamics.
  • Shift towards Shared Mobility: The increasing popularity of ride-sharing services and car-sharing programs could potentially reduce individual vehicle ownership and overall automotive demand. This shift in consumer behaviour may impact the demand for powertrain machinery as the market faces uncertainty regarding future vehicle production volumes and powertrain requirements.

Report Scope

Feature of the Report Details
Market Size in 2023 USD 129.9 Billion
Projected Market Size in 2032 USD 287.3 Billion
Market Size in 2022 USD 112.5 Billion
CAGR Growth Rate 7.1% CAGR
Base Year 2022
Forecast Period 2023-2032
Key Segment By Component, Type, Application and Region
Report Coverage Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent Trends
Regional Scope North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America
Buying Options Request tailored purchasing options to fulfil your requirements for research.

Category-Wise Insights

By Component:

  • Engine Machinery: Engine machinery in the powertrain market refers to specialized equipment used for manufacturing crucial engine components like engine blocks, cylinder heads, crankshafts, pistons, and camshafts. The trends in this segment include continuous advancements in precision machining and automation technologies, enabling manufacturers to achieve higher productivity and precision in engine component production. Additionally, there is a growing focus on eco-friendly engine designs to meet stringent emission regulations and improve fuel efficiency.
  • Transmission Machinery: Transmission machinery involves the production of essential transmission components, including gearboxes, clutches, and differential assemblies. In this segment, the trends revolve around adopting smart manufacturing solutions and incorporating Industry 4.0 concepts to optimize the transmission manufacturing process. The market is witnessing increased demand for automatic and efficient transmission systems to enhance vehicle performance and fuel economy, influencing the development of advanced transmission machinery.
  • Drivetrain Machinery: Drivetrain machinery encompasses the manufacturing of drivetrain components like axles, driveshafts, and differentials. In this segment, the trends focus on implementing robotics and automation for precise and repeatable drivetrain component production. There is a growing emphasis on lightweight materials to improve vehicle efficiency, driving the need for advanced drivetrain machinery capable of handling new materials and manufacturing processes.
  • Electric Powertrain Machinery: Electric powertrain machinery is dedicated to producing components for electric vehicles, including electric motors, battery packs, and power electronics. The trends in this segment are centred around innovation in electric motor manufacturing technologies, such as additive manufacturing and improved battery production processes. The market is witnessing increasing investments in electric powertrain machinery to meet the rising demand for electric and hybrid vehicles worldwide, aligning with the transition towards sustainable mobility solutions.

Global Powertrain Machinery Market 2023–2032 (By Billion)

www.custommarketinsight.com

By Type

  • CNC Machining Equipment: CNC (Computer Numerical Control) machining equipment in the powertrain machinery market refers to advanced machines that use computerized controls to perform precise and automated machining processes. These machines play a crucial role in manufacturing powertrain components with high accuracy and efficiency. The trends in this segment involve continuous advancements in CNC technology, including multi-axis machining and real-time data monitoring, to optimize machining processes and improve productivity.
  • Casting and Forging Machinery: Casting and forging machinery is utilized for shaping metals into powertrain components through casting and forging processes. In this segment, the trends revolve around the adoption of energy-efficient and environmentally friendly technologies for casting and forging operations. Manufacturers are implementing automation and robotics to enhance process control and reduce material waste, contributing to sustainable manufacturing practices in the powertrain machinery market.
  • Welding and Joining Machinery: Welding and joining machinery is used to fuse different powertrain components together, ensuring structural integrity and durability. The trends in this segment include advancements in welding and joining technologies, such as laser welding and friction stir welding, to achieve strong and reliable connections. Additionally, there is a focus on implementing digital welding controls and process monitoring for consistent quality and improved efficiency.
  • Cutting and Grinding Equipment: Cutting and grinding equipment in the powertrain machinery market are utilized for precision cutting, shaping, and grinding of powertrain components. The trends in this segment involve the integration of automation and robotics to enable high-speed and precise cutting and grinding processes. Manufacturers are also adopting advanced abrasives and cutting tools to enhance surface finish and reduce machining times, contributing to cost-effective powertrain component production.

By Application

  • Automotive Industry: Within the powertrain machinery market, the automotive industry is a significant application area, dedicated to producing powertrain components for various vehicles such as cars, trucks, buses, and commercial vehicles. Current trends in this segment highlight a strong emphasis on adopting automation and smart manufacturing solutions. These initiatives aim to boost production efficiency and cater to the increasing demand for advanced powertrains, including electric and hybrid systems.
  • Off-Highway Vehicles: This application pertains to powertrain machinery used in producing components for off-highway vehicles like agricultural tractors, construction equipment, and industrial machinery. The trends in this segment include the adoption of versatile machinery capable of handling heavy-duty drivetrain components and advancements in hybrid powertrain technologies to increase equipment efficiency and reduce environmental impact.
  • Electric Vehicles: Electric vehicles (EVs) application in the powertrain machinery market involves the production of powertrain components specifically for electric and hybrid vehicles. The trends in this segment revolve around the development of specialized machinery for electric motor manufacturing, battery pack assembly, and power electronics production. The market is witnessing increasing investments in electric powertrain machinery to support the growing demand for eco-friendly and sustainable transportation solutions.
  • Aerospace and Defence: In the aerospace and defence sector, powertrain machinery is utilized to manufacture propulsion systems for aircraft and military vehicles. The Powertrain Machinery Market is witnessing progress in lightweight materials, precision machining, and additive manufacturing techniques to elevate powertrain component performance and efficiency. Moreover, there is a rising emphasis on adopting hybrid-electric propulsion systems to enhance fuel efficiency and decrease emissions in both aviation and military applications.

Global Powertrain Machinery Market 2023–2032 (By Component)

www.custommarketinsight.com

Powertrain Machinery Market – Regional Analysis

The Powertrain Machinery Market is segmented into various regions, including North America, Europe, Asia-Pacific, and LAMEA. Here is a brief overview of each region:

  • North America: Growing demand for electric powertrain machinery, driven by the adoption of electric and hybrid vehicles. Strong emphasis on advanced automation and smart manufacturing technologies to meet emission regulations. Dominating players: BorgWarner Inc., Dana Incorporated, General Motors Company.
  • Europe: Significant focus on R&D for powertrain performance and eco-friendliness amid automotive shift to electric mobility. Dominating players: Continental AG, Schaeffler AG, ZF Friedrichshafen AG.
  • Asia-Pacific: Key player with a focus on expanding manufacturing capabilities, adopting automation for cost-effective solutions. Dominating players: Toyota Industries Corporation, Mitsubishi Electric Corporation, Hyundai Mobis Co., Ltd.
  • LAMEA: Rising investment in powertrain manufacturing infrastructure, and advanced machining technologies to cater to growing automotive demand. Dominating players: Cummins Inc., GKN Automotive Limited, Bosch Rexroth AG.

Global Powertrain Machinery Market 2023–2032 (By Application)

www.custommarketinsight.com

Competitive Landscape – Powertrain Machinery Market

The Powertrain Machinery Market is highly competitive, with a large number of manufacturers and retailers operating globally. Some of the key players in the market include:

  • Siemens AG
  • Bosch Rexroth AG
  • ABB Ltd.
  • Schaeffler Technologies AG & Co. KG
  • Mitsubishi Electric Corporation
  • ZF Friedrichshafen AG
  • JTEKT Corporation
  • NSK Ltd.
  • MAG IAS GmbH
  • GKN Automotive Limited
  • Others

These companies operate in the market through various strategies such as product innovation, mergers and acquisitions, and partnerships.

New players entering the powertrain machinery market are adopting innovation and development strategies to establish their presence. These companies focus on advanced automation, smart manufacturing technologies, and eco-friendly powertrain solutions to cater to the evolving automotive industry demands.

Key players dominating the market have achieved their status through extensive R&D efforts, offering a wide range of powertrain machinery and components. They have established strong partnerships with major automakers, enabling them to gain a significant market share. These dominating players continuously invest in research and manufacturing capabilities to stay ahead in the competitive landscape.

The Powertrain Machinery Market is segmented as follows:

By Component

  • Engine Machinery
  • Transmission Machinery
  • Drivetrain Machinery
  • Electric Powertrain Machinery

By Type

  • CNC Machining Equipment
  • Casting and Forging Machinery
  • Welding and Joining Machinery
  • Cutting and Grinding Equipment

By Application

  • Automotive Industry
  • Off-Highway Vehicles
  • Electric Vehicles
  • Aerospace and Defence

Regional Coverage:

North America

  • U.S.
  • Canada
  • Mexico
  • Rest of North America

Europe

  • Germany
  • France
  • U.K.
  • Italy
  • Spain
  • Rest of Europe

Asia Pacific

  • China
  • Japan
  • India
  • New Zealand
  • Australia
  • South Korea
  • Rest of Asia Pacific

The Middle East & Africa

  • Saudi Arabia
  • UAE
  • Egypt
  • Kuwait
  • South Africa
  • Rest of the Middle East & Africa

Latin America

  • Brazil
  • Argentina
  • Rest of Latin America

Table of Contents

  • Chapter 1. Preface
    • 1.1 Report Description and Scope
    • 1.2 Research scope
    • 1.3 Research methodology
      • 1.3.1 Market Research Type
      • 1.3.2 Market research methodology
  • Chapter 2. Executive Summary
    • 2.1 Global Powertrain Machinery Market, (2023 – 2032) (USD Billion)
    • 2.2 Global Powertrain Machinery Market : snapshot
  • Chapter 3. Global Powertrain Machinery Market – Industry Analysis
    • 3.1 Powertrain Machinery Market: Market Dynamics
    • 3.2 Market Drivers
      • 3.2.1 Growing Automotive Industry
      • 3.2.2 Transition to Electric Mobility
      • 3.2.3 Technological Advancements
      • 3.2.4 Stringent Emission Regulations
      • 3.2.5 Investment in Research and Development
      • 3.2.6 Focus on Sustainable Manufacturing.
    • 3.3 Market Restraints
    • 3.4 Market Opportunities
    • 3.5 Market Challenges
    • 3.6 Porter’s Five Forces Analysis
    • 3.7 Market Attractiveness Analysis
      • 3.7.1 Market attractiveness analysis By Component
      • 3.7.2 Market attractiveness analysis By Type
      • 3.7.3 Market attractiveness analysis By Application
  • Chapter 4. Global Powertrain Machinery Market- Competitive Landscape
    • 4.1 Company market share analysis
      • 4.1.1 Global Powertrain Machinery Market: company market share, 2022
    • 4.2 Strategic development
      • 4.2.1 Acquisitions & mergers
      • 4.2.2 New Product launches
      • 4.2.3 Agreements, partnerships, cullaborations, and joint ventures
      • 4.2.4 Research and development and Regional expansion
    • 4.3 Price trend analysis
  • Chapter 5. Global Powertrain Machinery Market – Component Analysis
    • 5.1 Global Powertrain Machinery Market overview: By Component
      • 5.1.1 Global Powertrain Machinery Market share, By Component , 2022 and 2032
    • 5.2 Engine Machinery
      • 5.2.1 Global Powertrain Machinery Market by Engine Machinery, 2023 – 2032 (USD Billion)
    • 5.3 Transmission Machinery
      • 5.3.1 Global Powertrain Machinery Market by Transmission Machinery, 2023 – 2032 (USD Billion)
    • 5.4 Drivetrain Machinery
      • 5.4.1 Global Powertrain Machinery Market by Drivetrain Machinery, 2023 – 2032 (USD Billion)
    • 5.5 Electric Powertrain Machinery
      • 5.5.1 Global Powertrain Machinery Market by Electric Powertrain Machinery, 2023 – 2032 (USD Billion)
  • Chapter 6. Global Powertrain Machinery Market – Type Analysis
    • 6.1 Global Powertrain Machinery Market overview: By Type
      • 6.1.1 Global Powertrain Machinery Market share, By Type , 2022 and 2032
    • 6.2 CNC Machining Equipment
      • 6.2.1 Global Powertrain Machinery Market by CNC Machining Equipment, 2023 – 2032 (USD Billion)
    • 6.3 Casting and Forging Machinery
      • 6.3.1 Global Powertrain Machinery Market by Casting and Forging Machinery, 2023 – 2032 (USD Billion)
    • 6.4 Welding and Joining Machinery
      • 6.4.1 Global Powertrain Machinery Market by Welding and Joining Machinery, 2023 – 2032 (USD Billion)
    • 6.5 Cutting and Grinding Equipment
      • 6.5.1 Global Powertrain Machinery Market by Cutting and Grinding Equipment, 2023 – 2032 (USD Billion)
  • Chapter 7. Global Powertrain Machinery Market – Application Analysis
    • 7.1 Global Powertrain Machinery Market overview: By Application
      • 7.1.1 Global Powertrain Machinery Market share, By Application , 2022 and 2032
    • 7.2 Automotive Industry
      • 7.2.1 Global Powertrain Machinery Market by Automotive Industry, 2023 – 2032 (USD Billion)
    • 7.3 Off-Highway Vehicles
      • 7.3.1 Global Powertrain Machinery Market by Off-Highway Vehicles, 2023 – 2032 (USD Billion)
    • 7.4 Electric Vehicles
      • 7.4.1 Global Powertrain Machinery Market by Electric Vehicles, 2023 – 2032 (USD Billion)
    • 7.5 Aerospace and Defence
      • 7.5.1 Global Powertrain Machinery Market by Aerospace and Defence, 2023 – 2032 (USD Billion)
  • Chapter 8. Powertrain Machinery Market – Regional Analysis
    • 8.1 Global Powertrain Machinery Market Regional Overview
    • 8.2 Global Powertrain Machinery Market Share, by Region, 2022 & 2032 (USD Billion)
    • 8.3. North America
      • 8.3.1 North America Powertrain Machinery Market, 2023 – 2032 (USD Billion)
        • 8.3.1.1 North America Powertrain Machinery Market, by Country, 2023 – 2032 (USD Billion)
    • 8.4 North America Powertrain Machinery Market, by Component , 2023 – 2032
      • 8.4.1 North America Powertrain Machinery Market, by Component , 2023 – 2032 (USD Billion)
    • 8.5 North America Powertrain Machinery Market, by Type , 2023 – 2032
      • 8.5.1 North America Powertrain Machinery Market, by Type , 2023 – 2032 (USD Billion)
    • 8.6 North America Powertrain Machinery Market, by Application , 2023 – 2032
      • 8.6.1 North America Powertrain Machinery Market, by Application , 2023 – 2032 (USD Billion)
    • 8.7. Europe
      • 8.7.1 Europe Powertrain Machinery Market, 2023 – 2032 (USD Billion)
        • 8.7.1.1 Europe Powertrain Machinery Market, by Country, 2023 – 2032 (USD Billion)
    • 8.8 Europe Powertrain Machinery Market, by Component , 2023 – 2032
      • 8.8.1 Europe Powertrain Machinery Market, by Component , 2023 – 2032 (USD Billion)
    • 8.9 Europe Powertrain Machinery Market, by Type , 2023 – 2032
      • 8.9.1 Europe Powertrain Machinery Market, by Type , 2023 – 2032 (USD Billion)
    • 8.10 Europe Powertrain Machinery Market, by Application , 2023 – 2032
      • 8.10.1 Europe Powertrain Machinery Market, by Application , 2023 – 2032 (USD Billion)
    • 8.11. Asia Pacific
      • 8.11.1 Asia Pacific Powertrain Machinery Market, 2023 – 2032 (USD Billion)
        • 8.11.1.1 Asia Pacific Powertrain Machinery Market, by Country, 2023 – 2032 (USD Billion)
    • 8.12 Asia Pacific Powertrain Machinery Market, by Component , 2023 – 2032
      • 8.12.1 Asia Pacific Powertrain Machinery Market, by Component , 2023 – 2032 (USD Billion)
    • 8.13 Asia Pacific Powertrain Machinery Market, by Type , 2023 – 2032
      • 8.13.1 Asia Pacific Powertrain Machinery Market, by Type , 2023 – 2032 (USD Billion)
    • 8.14 Asia Pacific Powertrain Machinery Market, by Application , 2023 – 2032
      • 8.14.1 Asia Pacific Powertrain Machinery Market, by Application , 2023 – 2032 (USD Billion)
    • 8.15. Latin America
      • 8.15.1 Latin America Powertrain Machinery Market, 2023 – 2032 (USD Billion)
        • 8.15.1.1 Latin America Powertrain Machinery Market, by Country, 2023 – 2032 (USD Billion)
    • 8.16 Latin America Powertrain Machinery Market, by Component , 2023 – 2032
      • 8.16.1 Latin America Powertrain Machinery Market, by Component , 2023 – 2032 (USD Billion)
    • 8.17 Latin America Powertrain Machinery Market, by Type , 2023 – 2032
      • 8.17.1 Latin America Powertrain Machinery Market, by Type , 2023 – 2032 (USD Billion)
    • 8.18 Latin America Powertrain Machinery Market, by Application , 2023 – 2032
      • 8.18.1 Latin America Powertrain Machinery Market, by Application , 2023 – 2032 (USD Billion)
    • 8.19. The Middle-East and Africa
      • 8.19.1 The Middle-East and Africa Powertrain Machinery Market, 2023 – 2032 (USD Billion)
        • 8.19.1.1 The Middle-East and Africa Powertrain Machinery Market, by Country, 2023 – 2032 (USD Billion)
    • 8.20 The Middle-East and Africa Powertrain Machinery Market, by Component , 2023 – 2032
      • 8.20.1 The Middle-East and Africa Powertrain Machinery Market, by Component , 2023 – 2032 (USD Billion)
    • 8.21 The Middle-East and Africa Powertrain Machinery Market, by Type , 2023 – 2032
      • 8.21.1 The Middle-East and Africa Powertrain Machinery Market, by Type , 2023 – 2032 (USD Billion)
    • 8.22 The Middle-East and Africa Powertrain Machinery Market, by Application , 2023 – 2032
      • 8.22.1 The Middle-East and Africa Powertrain Machinery Market, by Application , 2023 – 2032 (USD Billion)
  • Chapter 9. Company Profiles
    • 9.1 Siemens AG
      • 9.1.1 Overview
      • 9.1.2 Financials
      • 9.1.3 Product Portfolio
      • 9.1.4 Business Strategy
      • 9.1.5 Recent Developments
    • 9.2 Bosch Rexroth AG
      • 9.2.1 Overview
      • 9.2.2 Financials
      • 9.2.3 Product Portfolio
      • 9.2.4 Business Strategy
      • 9.2.5 Recent Developments
    • 9.3 ABB Ltd.
      • 9.3.1 Overview
      • 9.3.2 Financials
      • 9.3.3 Product Portfolio
      • 9.3.4 Business Strategy
      • 9.3.5 Recent Developments
    • 9.4 Schaeffler Technologies AG & Co. KG
      • 9.4.1 Overview
      • 9.4.2 Financials
      • 9.4.3 Product Portfolio
      • 9.4.4 Business Strategy
      • 9.4.5 Recent Developments
    • 9.5 Mitsubishi Electric Corporation
      • 9.5.1 Overview
      • 9.5.2 Financials
      • 9.5.3 Product Portfolio
      • 9.5.4 Business Strategy
      • 9.5.5 Recent Developments
    • 9.6 ZF Friedrichshafen AG
      • 9.6.1 Overview
      • 9.6.2 Financials
      • 9.6.3 Product Portfolio
      • 9.6.4 Business Strategy
      • 9.6.5 Recent Developments
    • 9.7 JTEKT Corporation
      • 9.7.1 Overview
      • 9.7.2 Financials
      • 9.7.3 Product Portfolio
      • 9.7.4 Business Strategy
      • 9.7.5 Recent Developments
    • 9.8 NSK Ltd.
      • 9.8.1 Overview
      • 9.8.2 Financials
      • 9.8.3 Product Portfolio
      • 9.8.4 Business Strategy
      • 9.8.5 Recent Developments
    • 9.9 MAG IAS GmbH
      • 9.9.1 Overview
      • 9.9.2 Financials
      • 9.9.3 Product Portfolio
      • 9.9.4 Business Strategy
      • 9.9.5 Recent Developments
    • 9.10 GKN Automotive Limited
      • 9.10.1 Overview
      • 9.10.2 Financials
      • 9.10.3 Product Portfolio
      • 9.10.4 Business Strategy
      • 9.10.5 Recent Developments
    • 9.11 Others.
      • 9.11.1 Overview
      • 9.11.2 Financials
      • 9.11.3 Product Portfolio
      • 9.11.4 Business Strategy
      • 9.11.5 Recent Developments\
List Of Figures

Figures No 1 to 28

List Of Tables

Tables No 1 to 77

Report Methodology

In order to get the most precise estimates and forecasts possible, Custom Market Insights applies a detailed and adaptive research methodology centered on reducing deviations. For segregating and assessing quantitative aspects of the market, the company uses a combination of top-down and bottom-up approaches. Furthermore, data triangulation, which examines the market from three different aspects, is a recurring theme in all of our research reports. The following are critical components of the methodology used in all of our studies:

Preliminary Data Mining

On a broad scale, raw market information is retrieved and compiled. Data is constantly screened to make sure that only substantiated and verified sources are taken into account. Furthermore, data is mined from a plethora of reports in our archive and also a number of reputed & reliable paid databases. To gain a detailed understanding of the business, it is necessary to know the entire product life cycle and to facilitate this, we gather data from different suppliers, distributors, and buyers.

Surveys, technological conferences, and trade magazines are used to identify technical issues and trends. Technical data is also gathered from the standpoint of intellectual property, with a focus on freedom of movement and white space. The dynamics of the industry in terms of drivers, restraints, and valuation trends are also gathered. As a result, the content created contains a diverse range of original data, which is then cross-validated and verified with published sources.

Statistical Model

Simulation models are used to generate our business estimates and forecasts. For each study, a one-of-a-kind model is created. Data gathered for market dynamics, the digital landscape, development services, and valuation patterns are fed into the prototype and analyzed concurrently. These factors are compared, and their effect over the projected timeline is quantified using correlation, regression, and statistical modeling. Market forecasting is accomplished through the use of a combination of economic techniques, technical analysis, industry experience, and domain knowledge.

Short-term forecasting is typically done with econometric models, while long-term forecasting is done with technological market models. These are based on a synthesis of the technological environment, legal frameworks, economic outlook, and business regulations. Bottom-up market evaluation is favored, with crucial regional markets reviewed as distinct entities and data integration to acquire worldwide estimates. This is essential for gaining a thorough knowledge of the industry and ensuring that errors are kept to a minimum.

Some of the variables taken into account for forecasting are as follows:

• Industry drivers and constraints, as well as their current and projected impact

• The raw material case, as well as supply-versus-price trends

• Current volume and projected volume growth through 2030

We allocate weights to these variables and use weighted average analysis to determine the estimated market growth rate.

Primary Validation

This is the final step in our report’s estimating and forecasting process. Extensive primary interviews are carried out, both in-person and over the phone, to validate our findings and the assumptions that led to them.
Leading companies from across the supply chain, including suppliers, technology companies, subject matter experts, and buyers, use techniques like interviewing to ensure a comprehensive and non-biased overview of the business. These interviews are conducted all over the world, with the help of local staff and translators, to overcome language barriers.

Primary interviews not only aid with data validation, but also offer additional important insight into the industry, existing business scenario, and future projections, thereby improving the quality of our reports.

All of our estimates and forecasts are validated through extensive research work with key industry participants (KIPs), which typically include:

• Market leaders

• Suppliers of raw materials

• Suppliers of raw materials

• Buyers.

The following are the primary research objectives:

• To ensure the accuracy and acceptability of our data.

• Gaining an understanding of the current market and future projections.

Data Collection Matrix

Perspective Primary research Secondary research
Supply-side
  • Manufacturers
  • Technology distributors and wholesalers
  • Company reports and publications
  • Government publications
  • Independent investigations
  • Economic and demographic data
Demand-side
  • End-user surveys
  • Consumer surveys
  • Mystery shopping
  • Case studies
  • Reference customers


Market Analysis Matrix

Qualitative analysis Quantitative analysis
  • Industry landscape and trends
  • Market dynamics and key issues
  • Technology landscape
  • Market opportunities
  • Porter’s analysis and PESTEL analysis
  • Competitive landscape and component benchmarking
  • Policy and regulatory scenario
  • Market revenue estimates and forecast up to 2030
  • Market revenue estimates and forecasts up to 2030, by technology
  • Market revenue estimates and forecasts up to 2030, by application
  • Market revenue estimates and forecasts up to 2030, by type
  • Market revenue estimates and forecasts up to 2030, by component
  • Regional market revenue forecasts, by technology
  • Regional market revenue forecasts, by application
  • Regional market revenue forecasts, by type
  • Regional market revenue forecasts, by component

Prominent Player

  • Siemens AG
  • Bosch Rexroth AG
  • ABB Ltd.
  • Schaeffler Technologies AG & Co. KG
  • Mitsubishi Electric Corporation
  • ZF Friedrichshafen AG
  • JTEKT Corporation
  • NSK Ltd.
  • MAG IAS GmbH
  • GKN Automotive Limited
  • Others

FAQs

The key factors driving the Market are Growing Automotive Industry, Transition to Electric Mobility, Technological Advancements, Stringent Emission Regulations, Investment in Research and Development And Focus on Sustainable Manufacturing.

The “Component” category dominated the market in 2022.

The key players in the market are Siemens AG, Bosch Rexroth AG, ABB Ltd., Schaeffler Technologies AG & Co. KG, Mitsubishi Electric Corporation, ZF Friedrichshafen AG, JTEKT Corporation, NSK Ltd., MAG IAS GmbH, GKN Automotive Limited, Others.

“Asia-Pacific” had the largest share in the Powertrain Machinery Market.

The global market is projected to grow at a CAGR of 7.1% during the forecast period, 2023-2032.

The Powertrain Machinery Market size was valued at USD 112.5 Billion in 2022.

PURCHASE OPTIONS

$

3490


$

4490


$

5490


$

1950


powerbi pdf
$

6200

What You Get :

  • PDF Report Format.
  • Can be accessible by 1 single user.
  • Free 25% or 40 hours of customisation.
  • Free post-sale service assistance.
  • 15% discount on your next purchase.
  • Dedicated account Associate .
  • Permission to print the report.
  • Service guarantee available.
  • PDF and Excel Datasheet Formats.
  • Can be accessible upto 2 to 5 users.
  • Free 35% or 60 hours of customisation.
  • Free post-sale service assistance.
  • 25% discount on your next purchase.
  • Service guarantee available.
  • Personalised market brief by author.
  • Permission to print the report.
  • PDF, Excel and Power Point.
  • Can be accessible by unlimited users.
  • Free 40% or 80 hours of customisation.
  • Free post-sale service assistance.
  • 30% discount on your next purchase.
  • Permission to print the report.
  • Dedicated account manager.
  • Service guarantee available.
  • Excel Datasheet Format.
  • Customized access as per user request.
  • Upgradable to other licenses.
  • 15% discount on your next purchase.
  • Free 20% or 10 hours of customisation.
  • PDF, Excel, Power Point and Power BI.
  • Every Year Free Update ( Apr – Apr)
  • Personalized market brief by author
  • Can be accessible by unlimited users.
  • Free 50% or 90 hours of customization.
  • Up to 50 Company Profiles
  • Free post-sale service assistance with guarantee
  • 40% discount on your next purchase.
  • Permission to print the report.
  • Dedicated account team.
  • Service guarantee available.

Want to customize this report?
100% FREE CUSTOMIZATION!