Global Automotive Four-wheel Drive Vehicle Market 2017-2021


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Technavio

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About Automotive Four-wheel Drive Vehicle

An automotive 4WD system is typically used in off-road vehicles and involves the distribution of power and torque to all the four wheels. The system may be fitted as a full-time or an on-demand functionality. This distribution of power to all the four wheels helps in attaining better driving characteristics in low-traction conditions. 4WD is a standard component in most pickup trucks, SUVs, and crossovers. The history of automotive 4WD technology dates to the inception of automobiles. The earliest evidence of the four-wheel design was found in the late 1890s when an English engineer patented the technology for traction engines.

Technavios analysts forecast the global automotive four-wheel drive vehicle market to grow at a CAGR of 11.34% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global automotive four-wheel drive vehicle market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:
Americas
APAC
EMEA

Technavio's report, Global Automotive Four-wheel Drive Vehicle Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
BorgWarner
GKN
Linamar
Magna
ZF Friedrichshafen

Other prominent vendors
American Axle & Manufacturing
Dana
Hitachi Automotive Systems
JTEKT

Market driver
Booming global SUV market with growing volume sales
For a full, detailed list, view our report

Market challenge
Advanced 4WD increasing the overall vehicle cost
For a full, detailed list, view our report

Market trend
Development of intelligent torque vectoring for AWD
For a full, detailed list, view our report

Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?

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