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Dublin, July 21, 2015 (GLOBE NEWSWIRE) -- Research and Markets (http://www.researchandmarkets.com/research/rm8hm2/global_automotive) has announced the addition of the "Global Automotive Drivetrain Market 2015-2019" report to their offering.
The analysts forecast the Global Automotive Drivetrain market to grow at a CAGR of 6.32 percent over the period 2014-2019.
The report covers the present scenario and the growth prospects of the Global Automotive Drivetrain market for the period 2015-2019. The market size has been calculated based on the revenue generated from the sales of drivetrain systems such as AWD, FWD, and RWD, which are used in passenger cars, LCVs, and HCVs. The geographical segmentation is based on the production of automobiles in the APAC and EMEA regions and the Americas. The report presents the vendor landscape and a corresponding detailed analysis of the top five vendors in the market. In addition, the report discusses the major drivers that influence the growth of the market. It also outlines the challenges faced by vendors and the market at large, as well as the key trends that are emerging in the market.
The emergence of lightweight and efficient drivetrains is driving the market for automotive drivetrains. Because of the stringent fuel economy regulations and the rise in emission standards, the automotive manufacturers deliver vehicle performance and efficiency to their highest level.
According to the report, the improved acceleration and traction of the vehicles is one of the major drivers is of this market. The advantage of RWD is that the weight is transferred to the rear wheels to increase the traction with acceleration; the greater the acceleration, the more weight is transferred to the rear wheels. Thus, acceleration is enhanced because of the increase in the available traction.
Further, the report states that one of the market challenges is the high maintenance cost of AWD vehicles.
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For more information visit http://www.researchandmarkets.com/research/rm8hm2/global_automotive
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