Latin America Automotive Drivetrain Market Size & Outlook
Latin America automotive drivetrain market highlights
- The Latin America automotive drivetrain market generated a revenue of USD 15,075.1 million in 2024.
- The market is expected to grow at a CAGR of 4.7% from 2025 to 2030.
- In terms of segment, ice was the largest revenue generating propulsion type in 2024.
- ICE is the most lucrative propulsion type segment registering the fastest growth during the forecast period.
Latin America data book summary
| Market revenue in 2024 | USD 15,075.1 million |
| Market revenue in 2030 | USD 19,357.8 million |
| Growth rate | 4.7% (CAGR from 2025 to 2030) |
| Largest segment | Ice |
| Fastest growing segment | ICE |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | ICE |
Other key industry trends
- In terms of revenue, Latin America region accounted for 6.4% of the global automotive drivetrain market in 2024.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 153,794.7 million by 2030.
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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 |
Latin America 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 101.85% in 2024. Horizon Databook has segmented the Latin America automotive drivetrain market based on ice covering the revenue growth of each sub-segment from 2018 to 2030.
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Target buyers of Latin America automotive drivetrain market databook
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Our clientele includes a mix of automotive drivetrain market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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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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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America automotive drivetrain market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America automotive drivetrain market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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