Automotive Drivetrain Market: Industry Analysis and Forecast (2023-2029)

An Automotive Drivetrain is a combination of various components that provide power to the vehicle's wheel. It is made up of a driveshaft, transmission or gearbox, universal joints, constant velocity joints, wheels, and axles. It allows the driver to control the power flow and multiplies the engine torque for controlling the engine speed. Developed countries like China and India are planning to increase the production of electric cars through legislation and subsidies. Automotive drivetrain performance is improving owing to the technological advancements and growing popularity of electric cars, which is expected to increase the Automotive Drivetrain Market growth during the forecast period.