North American Drivetrain Market Trend, Size, Share, Research, Forecasts, 2022-2029

PORTLAND, ORAGON, UNITED STATES, October 3, 2022 /EINPresswire.com/ -- North American Drivetrain Market - Opportunities and Forecasts, 2022-2029

The drivetrain system constitutes of various components that are used to deliver power for driving wheels of a vehicle. It excludes engine or motor that generates power. The main function of drivetrain is to convert power of engine into mechanical energy that drive wheels. The components in drivetrain includes transmission, driveshaft, propeller shaft, clutch/torque converter, transfer case, differential, and others. The components in drivetrain vary according to the type of vehicle. Integration of electronics in drivetrain systems enhances the performance of drivetrain. Technological advancements present new avenues for drivetrain systems.

The key factors driving the North American drivetrain market are enhanced driving experience and improved fuel efficiency over conventional systems, increasing need for better acceleration, traction, & towing capabilities in vehicles, and better vehicle control in unfavorable terrains. Increasing fuel prices and high initial & maintenance cost are factors restraining the growth of the market. However, emerging markets for SUV & cars present opportunities for growth of the market.

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KEY BENEFITS FOR STAKEHOLDERS:

The report offers an in-depth analysis of key driving and restraining factors of the North American drivetrain market.

The report provides an extensive analysis of current and future market status of the North American drivetrain market.

An extensive analysis of dominant market shares for each segment helps in understanding the current status of market.

This report offers an in-depth quantitative analysis of the current market and estimations through 2015 and 2020, which assists in identifying the prevailing market opportunities.

An in-depth analysis of key strategies adopted by leading manufacturers helps in understanding competitive scenario.

The report provides an exhaustive information about new product launches, research and recent developments of the North American drivetrain market.

Geographically, the North American drivetrain market is segmented into U.S., Canada, and Mexico.

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Key Market Player -

Magna Internationals Inc.
Aisin Seiki Co.
JATCO
Borg Warner
Allison Transmission
ATC Drivetrain
Showa Corp.
American Axle & Manufacturing Inc.
GKN PLC
Dana Holding Corp.

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By Region -

North America (U.S., Canada, Mexico)
Europe (UK, Germany, France, Russia, Rest of Europe)
Asia-Pacific (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific)
LAMEA (Latin America, Middle East, Africa, Rest of LAMEA)

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