Global Automotive Drivetrain Market Size & Outlook

The global automotive drivetrain market size was estimated at USD 234,765.0 million in 2024 and is projected to reach USD 339,892.1 million by 2030, growing at a CAGR of 6.9% from 2025 to 2030.
Revenue, 2024 (US$M)
$234,765.0
Forecast, 2030 (US$M)
$339,892.1
CAGR, 2025 - 2030
6.9%
Report Coverage
Worldwide

Global automotive drivetrain market, 2018-2030 (US$M)

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Global automotive drivetrain market highlights

  • The global automotive drivetrain market generated a revenue of USD 234,765.0 million in 2024 and is expected to reach USD 339,892.1 million by 2030.
  • The market is expected to grow at a CAGR (2025 - 2030) of 6.9% by 2030.
  • In terms of segment, ice accounted for a revenue of USD 243,944.3 million in 2024.
  • ICE is the most lucrative propulsion type segment registering the fastest growth during the forecast period.
  • In terms of region, Asia Pacific was the largest revenue generating market in 2024.

Global data book summary

Market revenue in 2024USD 234,765.0 million
Market revenue in 2030USD 339,892.1 million
Growth rate6.9% (CAGR from 2025 to 2030)
Largest segmentIce
Fastest growing segmentICE
Historical data covered2018 - 2023
Base year for estimation2024
Forecast period covered2025 - 2030
Quantitative unitsRevenue in USD million
Market segmentationICE

Other key industry trends

  • In terms of revenue, the North America accounted for 19.9% of the global automotive drivetrain market in 2024.

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Automotive Drivetrain Market Companies

Name Profile # Employees HQ Website
Hyundai Motor Company View profile 10001+ Seoul, Seoul-t'ukpyolsi, South Korea, Asia https://www.hyundai.com
Volkswagen Group View profile 10001+ Wolfsburg, Niedersachsen, Germany, Europe https://www.volkswagen-group.com/en
Aisin Seiki View profile 11-50 Tochigi, Tochigi, Japan, Asia https://aisinkanto.co.jp
Toyota Motor Corp ADR View profile 380793 1 Toyota-cho, Aichi Prefecture, Toyota, Japan, 471-8571 https://www.global.toyota
American Axle & Manufacturing View profile 10001+ Detroit, Michigan, United States, North America http://aam.com
ZF Group View profile 10001+ Friedrichshafen, Baden-Wurttemberg, Germany, Europe http://zf.com
Stellantis NV View profile 258275 Taurusavenue 1, Hoofddorp, NH, Netherlands, 2132 LS https://www.stellantis.com
BorgWarner Inc View profile 39900 3850 Hamlin Road, Auburn Hills, MI, United States, 48326 https://www.borgwarner.com
General Motors Co View profile 163000 300 Renaissance Center, Detroit, MI, United States, 48265-3000 https://www.gm.com
Schaeffler AG ADR View profile 83362 Industriestrasse 1-3, Herzogenaurach, BY, Germany, 91074 https://www.schaeffler.com

Global automotive drivetrain market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to automotive drivetrain market will help companies and investors design strategic landscapes.


Ice was the largest segment with a revenue share of 103.91% in 2024. Horizon Databook has segmented the Global automotive drivetrain market based on ice covering the revenue growth of each sub-segment from 2018 to 2030.


  • Global Automotive Drivetrain Propulsion Type Outlook (Revenue, USD Million, 2018-2030)
    • ICE
    • Electric Motor
  • Global Automotive Drivetrain Drive Type Outlook (Revenue, USD Million, 2018-2030)
    • FWD
    • RWD
    • AWD
  • Global Automotive Drivetrain Vehicle Type Outlook (Revenue, USD Million, 2018-2030)
    • Passenger Cars
    • Commercial Vehicles

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Target buyers of Global automotive drivetrain market databook

  • Our clientele includes a mix of automotive drivetrain market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of global-level data and insights on the Global automotive drivetrain market , including forecasts for subscribers. This global databook contains high-level insights into Global automotive drivetrain market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Global automotive drivetrain market size, by regions, 2018-2030 (US$M)

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