Four-Wheel Drive (4WD) Market: 2018 Global Sales, Size, Share, Trends, Upcoming Opportunities, and Competitive Analysis With Forecast To 2023

Key Four-Wheel Drive (4WD) Companies analyzed in report are: Daimler AG (Germany), Mitsubishi Motors Corporation (Japan), BMW (Germany), Toyota Motor Corporation (Japan), Ford Motor Company (U.S.), and Groupe Renault (France).  Tata Motors Limited (India), Hyundai Motor Company (South Korea), Volkswagen AG (Germany), Volvo (Sweden), Fiat S.p.A (Italy), Nissan Motor Company Ltd (Japan), and Honda Motor Company, Ltd. (Japan).

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Four-Wheel Drive (4WD) Market Highlights:

The demand for Four-Wheel Drive (4WD) is expected to increase with significant growth rate all over the world, majorly in the emerging markets. The development of the intelligent torque vectoring for Four-Wheel Drive (4WD) is driving the growth of the market. The introduction of technological innovations in these vehicles is enabling the integration of advanced systems in automotive Four-Wheel Drive (4WD). Torque vectoring is a system that helps the vehicle to possess control over the power and torque distribution to all the wheels. This equal distribution of power and torque to all four-wheels of the automotive provides better stability to the vehicle and improved performance.

The market is highly price sensitive. Customers prefer vehicles that provide the maximum value for money. At the same time, the cost of four-wheel drive systems increase the cost of the automobile. Therefore, to focus on achieving cost efficiency, is a major objective of the manufacturers.

However, the growth of this market is expected to be restrained by the increase in cost of the vehicles owing to the implementation of four-wheel drive systems, which comprises differentials, transfer case, rear-drive shaft, rear axle, and advanced electronics in the automotive. Therefore, the Four-Wheel Drive (4WD) market has seen remarkable growth in the global market and it has been observed that, it is expected to grow with the CAGR of ~6%.

Scope of the Report:

This study provides an overview of the global Four-Wheel Drive (4WD) market, tracking three market segments across four geographic regions. The report studies key players, providing a six year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific (APAC) and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global Four-Wheel Drive (4WD) market by product type, application, end use and regions.

Four-Wheel Drive (4WD) Market Regional Analysis:

The global four- wheel drive vehicle market is diversified across all geographies, with North America region holding the major share of the market. The market in North America is mainly based in the countries such as the U.S. and Canada. The North America market is followed by the Asia Pacific region.

Major Table of Content:

1 Executive Summary

2 Research Methodology

2.1 Scope Of The Study

2.1.1 Definition

2.1.2 Research Objective

2.1.3 Assumptions

2.1.4 Limitations

2.2 Research Process

2.2.1 Primary Research

2.2.2 Secondary Researchs

2.3 Market Size Estimation

2.4 Forecast Model

3 Market Dynamics

3.1 Market Drivers

3.2 Market Inhibitors

3.3 Supply/Value Chain Analysis

3.4 Porter’s Five Forces Analysis

Continued…

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