Global Driveline
Market Report
2025
The global driveline market size is USD 16.09 billion in 2024. The driveline market will show strongest growth with a compound annual growth rate (CAGR) of 16.92% from 2024 to 2031. Technological breakthroughs are responsible for this evolution.
The base year for the calculation is 2024. The historical will be 2021 to 2024. The year 2025 will be estimated one while the forecasted data will be from year 2025 to 2033. When we deliver the report that time we updated report data till the purchase date.
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According to Cognitive Market Research, the global driveline market size is USD 16.09 billion in 2024 and will expand at a compound annual growth rate (CAGR) of 16.92% from 2024 to 2031.
2021 | 2025 | 2033 | CAGR | |
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Global Driveline Market Sales Revenue | 121212 | 121212 | 121212 | 16.92% |
Base Year | 2024 |
Historical Data Time Period | 2021-2024 |
Forecast Period | 2025-2033 |
Market Split by Drive |
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Market Split by Transmission |
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Market Split by Motor Output |
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Market Split by Final Drive |
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Market Split by Drive Type |
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Market Split by Power Electronics |
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Market Split by Vehicle Type |
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Market Split by Architecture |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Market Drivers:
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Market Restrains:
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Market Trends:
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Driveline Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Driveline is an element of an automobile that includes the ultimate operator, driveshafts, variations, and gearbox to give energy and spinning to the controlling automobiles. Connecting the motor to the moving motors is the main function of the driveline. The vehicle's wheels move the hubs with the energy generated by the combustion chamber. The driveline systems are parts of the engine that are responsible for regulating energy and moving the car. The driveline market is expanding quickly in tandem with the rise in revenues from electric or hybrid vehicles. Driveline expansion is also significantly impacted by the widespread use of cutting-edge technology in battery-powered cars, including e-axle and e-CVT. Driveline market expansion is also being fueled by a globally expanding need for automobiles, specifically all-wheel-drive automobiles.
Electrification of Vehicles: In order to effectively transfer power from electric motors to wheels, the growing popularity of electric vehicles (EVs) calls for specific driveline systems. Environmental concerns, government incentives, and technology developments that improve EV performance and pricing are driving this change.
Rising demand for fuel-efficient solutions: Automakers are prioritizing the development of lightweight drivelines and energy-efficient designs to comply with strict fuel economy standards and minimize vehicle emissions. By incorporating materials like aluminum and high-strength steel, manufacturers can reduce the weight of driveline components, leading to enhanced fuel efficiency and improved performance. Additionally, optimizing driveline systems for energy efficiency helps minimize power loss, resulting in lower emissions and better overall vehicle functionality.
For instance, one of the key advantages is a significant reduction in weight. Switching to an aluminum shaft typically decreases weight by 10 to 20 pounds, which directly benefits the engine's performance. Since rotational weight amplifies strain on the engine, similar to how driveshaft functions reducing this weight makes it easier for the engine to operate efficiently and also it enhances the fuel efficiency. The increasing focus on fuel efficiency is largely influenced by government regulations and consumer demand for eco-friendly, sustainable transportation solutions. This shift is playing a crucial role in driving the expansion of the driveline market, as manufacturers innovate to meet evolving efficiency and environmental standards.
Adoption of All-Wheel Drive (AWD) Systems: AWD systems are popular in a variety of vehicle segments because they improve handling and traction, particularly in bad weather. This demand is further increased by consumers' increasing desire for SUVs and off-road vehicles.
High cost of the advancement in driveline technologies: The production of advanced driveline components for electric and hybrid vehicles involves substantial costs due to the use of specialized materials like aluminum, carbon fiber, and rare-earth metals, combined with sophisticated technology and high manufacturing standards. These elevated production expenses contribute to higher vehicle prices, making it difficult for manufacturers to offer competitive pricing, especially in price-sensitive markets.
Additionally, the advancement and implementation of cutting-edge driveline systems, such as hybrid and electric drivelines, demand significant investment in research and development. Moreover, the high production costs of essential components like batteries and electric motors further elevate overall expenses. These financial challenges can restrict the widespread adoption of advanced driveline technologies, particularly in price-sensitive markets. Due to high production costs, the adoption of advanced driveline technologies may be restricted, particularly in developing regions and among cost-conscious consumers looking for more affordable alternatives.
Global occurrences: like the COVID-19 pandemic and geopolitical unrest, have caused supply chain disruptions, which have an impact on the availability of vital parts and supplies required for driveline production.
Market Saturation in Developed Regions: Unless driveline manufacturers diversify into emerging markets or new categories, the rise in vehicle sales in developed regions is plateauing, restricting their potential for expansion.
Transition to Electrified Drivetrains: In order to satisfy strict pollution standards and satisfy environmentally sensitive customers, there is a discernible trend toward electrified drivetrains, including hybrid and completely electric systems.
Use of Lightweight Materials: To improve vehicle performance and fuel economy, manufacturers are using lightweight materials like carbon fiber and aluminum more and more in driveline components.
Development of Modular Driveline Systems: A shift toward modular driveline topologies that provide scalability and flexibility is underway in order to accommodate a variety of vehicle platforms and lower production complexity.
Integration of Smart Technologies: Real-time monitoring, predictive maintenance, and enhanced vehicle dynamics control are made possible by the integration of sensors and connectivity elements into driveline systems.
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In January 2024, GKN Automotive's goal to achieve emission-free operation throughout its supply chain is being confirmed by the Science-Based Targets project (SBTi), which additionally authorized its close to and future lowering of carbon emissions expectations.
Top Companies Market Share in Driveline Industry: (In no particular order of Rank)
If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.
As per cognitive research, the Asia-Pacific region has established itself as a key player in the thriving electric and hybrid vehicle market, largely due to high production and sales in countries like China and Japan. Its strong commitment to sustainable mobility and well-developed charging infrastructure have fueled rapid growth in this sector. However, the market faces a major challenge the high costs of driveline components. To address this, manufacturers and industry stakeholders are actively pursuing innovative solutions to make these technologies more cost-effective, ultimately driving continued expansion and sustainability in the industry.
The Asia-Pacific region is witnessing rapid expansion in the driveline market, fueled by rising disposable incomes, urbanization, and a surging demand for passenger and commercial vehicles, particularly in China, India, and other developing economies. Additionally, the region's expanding consumer base, along with favorable trade policies and local production capabilities, is further accelerating market growth.
The current report Scope analyzes Driveline Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
The above graph is for illustrative purposes only.
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Global Driveline Market Report 2025 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Driveline Industry growth. Driveline market has been segmented with the help of its Drive, Transmission Motor Output, and others. Driveline market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
In order to shape the structure and growth potential of the business, the Driveline market is usually categorized by Drive. Businesses can prioritize expenditures, spur innovation, and modify products to satisfy changing customer needs by identifying high-performing product categories through market analysis by Drive. Businesses can remain ahead of market changes by strategically concentrating on the most profitable prospects by analyzing the demand trends and performance indicators of each segment. Businesses can use this knowledge to guide long-term strategy planning and resource allocation by identifying which market segments are likely to see slower or stagnant growth and which are positioned for rapid increase.
Drive of Driveline analyzed in this report are as follows:
The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Driveline Industry. Request a Free Sample PDF!
Segmenting the Driveline market by Transmission is essential for understanding industry dynamics and identifying key demand drivers. Transmission refer to the specific use cases or end-user industries that rely on Driveline products and services. These applications span a wide range of sectors, including healthcare, manufacturing, retail, aerospace, automotive, and telecommunications, among others. By analyzing the market based on its applications, businesses can gain valuable insights into which industries are adopting Driveline solutions most effectively and where new opportunities are emerging. Additionally, tracking application trends helps identify high-growth industries, areas of innovation, and market saturation levels, allowing companies to strategically position themselves in the most promising and profitable segments.
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Some of the key Transmission of Driveline are:
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Research Associate at Cognitive Market Research
Sumedha Gosavi is a Research Analyst with a specialized focus on the automobile and transportation sectors. With over two years of experience, she excels in conducting in-depth secondary research, competitive analysis, and market forecasting to deliver actionable insights that drive strategic decision-making.
In her current role, Sumedha leads research initiatives in the dynamic fields of automotive and transportation, identifying key trends, technological advancements, and market opportunities. Her ability to craft tailored research methodologies and distill complex data into clear, impactful strategies has been instrumental in enhancing her organization’s competitive edge.
With a deep passion for innovation in mobility and a commitment to continuous learning, Sumedha remains at the forefront of industry developments. Her expertise and analytical acumen make her an invaluable asset in navigating the ever evolving landscape of automobile and transportation research.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Driveline Market is witnessing significant growth in the near future.
In 2023, the Front wheel drive segment accounted for noticeable share of global Driveline Market and is projected to experience significant growth in the near future.
The AT segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies Schaeffler AG , ZF Friedrichshafen AG and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Disclaimer:
Drive | Front wheel drive, Rear wheel drive |
Transmission | AT, DCT, E-CVT |
Motor Output | 45-100, 101-250, >250kW |
Final Drive | Differential, E-axle |
Drive Type | Front-wheel drive (FWD), Rear wheel drive (RWD), All-wheel drive (AWD) |
Power Electronics | Inverter, Converter, Power control unit (PCU) |
Vehicle Type | Hybrid electric vehicle (HEV), Plug-in hybrid electric vehicle (PHEV), Electric vehicle (EV), ICE vehicles, Passenger vehicle |
Architecture | Series, Parallel, Power spilt |
List of Competitors | Schaeffler AG, GKN Automotive Limited, ZF Friedrichshafen AG, BorgWarner Inc., Bosch Limited, Melrose Industries PLC, Ford Motor Company, KNL Driveline Parts Private Limited, MSL Driveline Systems Limited, Toyota Motor Corporation, Nexteer automotive corporation, Continental AG |
This chapter will help you gain GLOBAL Market Analysis of Driveline. Further deep in this chapter, you will be able to review Global Driveline Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
This chapter will help you gain North America Market Analysis of Driveline. Further deep in this chapter, you will be able to review North America Driveline Market Split by various segments and Country Split.
Chapter 2 North America Market Analysis
This chapter will help you gain Europe Market Analysis of Driveline. Further deep in this chapter, you will be able to review Europe Driveline Market Split by various segments and Country Split.
Chapter 3 Europe Market Analysis
This chapter will help you gain Asia Pacific Market Analysis of Driveline. Further deep in this chapter, you will be able to review Asia Pacific Driveline Market Split by various segments and Country Split.
Chapter 4 Asia Pacific Market Analysis
This chapter will help you gain South America Market Analysis of Driveline. Further deep in this chapter, you will be able to review South America Driveline Market Split by various segments and Country Split.
Chapter 5 South America Market Analysis
This chapter will help you gain Middle East Market Analysis of Driveline. Further deep in this chapter, you will be able to review Middle East Driveline Market Split by various segments and Country Split.
Chapter 6 Middle East Market Analysis
This chapter will help you gain Middle East Market Analysis of Driveline. Further deep in this chapter, you will be able to review Middle East Driveline Market Split by various segments and Country Split.
Chapter 7 Africa Market Analysis
This chapter provides an in-depth analysis of the market share among key competitors of Driveline. The analysis highlights each competitor's position in the market, growth trends, and financial performance, offering insights into competitive dynamics, and emerging players.
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
This chapter would comprehensively cover market drivers, trends, restraints, opportunities, and various in-depth analyses like industrial chain, PESTEL, Porter’s Five Forces, and ESG, among others. It would also include product life cycle, technological advancements, and patent insights.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Drive Analysis 2019 -2031, will provide market size split by Drive. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Drive Analysis 2021 - 2033
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Chapter 11 Market Split by Transmission Analysis 2021 - 2033
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Chapter 12 Market Split by Motor Output Analysis 2021 - 2033
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Chapter 13 Market Split by Final Drive Analysis 2021 - 2033
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Chapter 14 Market Split by Drive Type Analysis 2021 - 2033
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Chapter 15 Market Split by Power Electronics Analysis 2021 - 2033
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Chapter 16 Market Split by Vehicle Type Analysis 2021 - 2033
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Chapter 17 Market Split by Architecture Analysis 2021 - 2033
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Driveline market
Chapter 18 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Chapter 19 Research Methodology and Sources
Why Front wheel drive have a significant impact on Driveline market? |
What are the key factors affecting the Front wheel drive and Rear wheel drive of Driveline Market? |
What is the CAGR/Growth Rate of AT during the forecast period? |
By type, which segment accounted for largest share of the global Driveline Market? |
Which region is expected to dominate the global Driveline Market within the forecast period? |
Segmentation Level Customization |
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Global level Data Customization |
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Region level Data Customization |
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Country level Data Customization |
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Company Level |
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Additional Data Analysis |
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Additional Qualitative Data |
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Additional Quantitative Data |
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Service Level Customization |
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Report Format Alteration |
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