Reportstack has announced a new market research publication on Global All-wheel and 4-wheel Drive Vehicle Market 2014-2018. The following companies are the key players in Global All-wheel and 4-wheel Drive Vehicle Market: Borg Warner Inc., GKN plc, JTEKT Corp., Magna International Inc., ZF Friedrichshafen AG., American Axle & Manufacturing Inc., Dana Holding Corp., Meritor Inc., and Metaldyne LLC.
“The increasing adoption of all-wheel and 4-wheel drive systems in hybrid vehicles is one of the major trends in the Global All-wheel and 4-wheel Drive Vehicle market. The various benefits of using hybrid vehicles, such as energy efficiency, minimized pollution, enhanced performance, and reduced dependency on natural resources have led to the increased adoption of hybrid vehicles with all-wheel and 4-wheel drive systems. Further, vendors are also launching new products specifically for hybrid vehicles. For instance, recently, GKN plc launched its eDrive system for hybrid 4-wheel drive vehicles and this is now used in the Peugeot 3008 and Citroën DS5 HYbrid4 models.”
According to the report, one of the main drivers in this market is the increasing demand for SUVs. These vehicles tend to have all-wheel and 4-wheel drive systems and thus a greater demand for SUVs leads to the growth of the market.
Further, the report states that one of the main challenges to the market is the strengthening of fuel efficiency standards across the world. This is expected to have a negative impact on the market.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit http://www.reportstack.com/product/150072/global-all-wheel-and-4-wheel-drive-vehicle-market-2014-2018.html
“The increasing adoption of all-wheel and 4-wheel drive systems in hybrid vehicles is one of the major trends in the Global All-wheel and 4-wheel Drive Vehicle market. The various benefits of using hybrid vehicles, such as energy efficiency, minimized pollution, enhanced performance, and reduced dependency on natural resources have led to the increased adoption of hybrid vehicles with all-wheel and 4-wheel drive systems. Further, vendors are also launching new products specifically for hybrid vehicles. For instance, recently, GKN plc launched its eDrive system for hybrid 4-wheel drive vehicles and this is now used in the Peugeot 3008 and Citroën DS5 HYbrid4 models.”
According to the report, one of the main drivers in this market is the increasing demand for SUVs. These vehicles tend to have all-wheel and 4-wheel drive systems and thus a greater demand for SUVs leads to the growth of the market.
Further, the report states that one of the main challenges to the market is the strengthening of fuel efficiency standards across the world. This is expected to have a negative impact on the market.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit http://www.reportstack.com/product/150072/global-all-wheel-and-4-wheel-drive-vehicle-market-2014-2018.html
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