Global All-Wheel Drive (AWD) Vehicle Market Insights, Forecast to 2028

Over the past decade, advancements in the all-wheel drive (AWD) vehicle market have largely focused on improving off-road and cold-weather vehicle capabilities due to which, the global all-wheel drive (AWD) vehicle market is expected to have a positive outlook.
Market Analysis and Insights: Global All-Wheel Drive (AWD) Vehicle Market
Due to the COVID-19 pandemic, the global All-Wheel Drive (AWD) Vehicle market size is estimated to be worth US$ 499460 million in 2022 and is forecast to a readjusted size of US$ 713720 million by 2028 with a CAGR of 6.1% during the review period. Fully considering the economic change by this health crisis, Autonomous accounting for % of the All-Wheel Drive (AWD) Vehicle global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While Passenger Vehicle segment is altered to an % CAGR throughout this forecast period.
China All-Wheel Drive (AWD) Vehicle market size is valued at US$ million in 2021, while the US and Europe All-Wheel Drive (AWD) Vehicle are US$ million and US$ million, severally. The proportion of the US is % in 2021, while China and Europe are % and % respectively, and it is predicted that China proportion will reach % in 2028, trailing a CAGR of % through the analysis period. Japan, South Korea, and Southeast Asia are noteworthy markets in Asia, with CAGR %, %, and % respectively for the next 6-year period. As for the Europe All-Wheel Drive (AWD) Vehicle landscape, Germany is projected to reach US$ million by 2028 trailing a CAGR of % over the forecast period.
The global key manufacturers of All-Wheel Drive (AWD) Vehicle include AB Volvo, American Axle and Manufacturing, Inc., BorgWarner Inc, Continental AG, Dana Incorporated, GKN Plc, Haldex, Honda Motor Company Ltd. and JTEKT Corporation, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
In terms of production side, this report researches the All-Wheel Drive (AWD) Vehicle capacity, production, growth rate, market share by manufacturers and by region (region level and country level), from 2017 to 2022, and forecast to 2028.
In terms of sales side, this report focuses on the sales of All-Wheel Drive (AWD) Vehicle by region (region level and country level), by company, by Type and by Application. from 2017 to 2022 and forecast to 2028.
Global All-Wheel Drive (AWD) Vehicle Scope and Segment
All-Wheel Drive (AWD) Vehicle market is segmented by Type and by Application. Players, stakeholders, and other participants in the global All-Wheel Drive (AWD) Vehicle market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2017-2028.
Segment by Type
Autonomous
Manual
Segment by Application
Passenger Vehicle
Commercial Vehicle
By Company
AB Volvo
American Axle and Manufacturing, Inc.
BorgWarner Inc
Continental AG
Dana Incorporated
GKN Plc
Haldex
Honda Motor Company Ltd.
JTEKT Corporation
Magna International Inc.
Nissan Motor Co., Ltd.
Tesla, Inc
Valeo SA
ZF Friedrichshafen AG
Production by Region
North America
Europe
China
Japan
South Korea
India
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE