Global Intelligent All-Wheel Drive System Market Size By Product (Front Wheel Drive by Default, Four Wheel Drive by Default), By Application (Sports Car, Sedan, and SUV), By Geographic Scope And Forecast
Report ID: 18293|No. of Pages: 202
Global Intelligent All-Wheel Drive System Market Size By Product (Front Wheel Drive by Default, Four Wheel Drive by Default), By Application (Sports Car, Sedan, and SUV), By Geographic Scope And Forecast
Intelligent All-Wheel Drive System Market Size And Forecast
Intelligent All-Wheel Drive System Market size was valued at USD 7.8 Billion in 2024 and is projected to reach USD 12.2 Billion by 2031, growing at a CAGR of 7.4 % during the forecast period 2024-2031.
The growing research And development are expected to fuel the growth of the Global Intelligent All-Wheel Drive System Market over the projected period. The Global Intelligent All-Wheel Drive System Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.
Global Intelligent All-Wheel Drive System Market Definition
Intelligent all-wheel drive improves a vehicle’s on-road performance and even assists with off-roading. Heavy off-roading, needs some committed off-road features, but an intelligent AWD system still assists An intelligent AWD system may obtain data from various sensors, including but not restricted to wheel speed sensors, steering angle sensors, and yaw rate sensors.
The Intelligent All-Wheel Drive System is classified as Front Wheel Drive by Default, Four Wheel Drive by Default, and Rear Wheel Drive by Default. Front-wheel drive is normal on several modern cars, SUVs, and crossovers. In Four Wheel Drive cars, the engine and transmission are usually installed crosswise at the front of the vehicle, and these aspects send power to the front two wheels, that pull the vehicle on their own. Rear Wheel Drive means that power from the engine is supplied to the rear wheels, which impels the vehicle forward. The front wheels obtain no power and are thus able to move the vehicle.
Intelligent AWD/FWD overcomes adverse driving conditions by applying torque to the rear wheels for longer, trying to prevent or reduce sliding/hydroplaning all through icy/wet conditions.
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Global Intelligent All-Wheel Drive System Market Overview
The major driver of all-wheel-drive systems is their superior traction. Because the vehicle moves forward towards all four wheels, it continues driving even if one or two wheels lose traction due to slippery floors such as snow, ice, or mud. The advanced system involves software that revaluates driving conditions 20 times faster than the blink of an eye, reconfiguring the power split between both wheels for an ideal balance of ability to handle and traction. Moreover, the decline in fuel prices, the ease of getting credit, the decrease in the rate of unemployment, and the successive rising demands for larger cars including SUVs and crossovers. Furthermore, growing research And development are expected to fuel the growth of the Global Intelligent All-Wheel Drive System Market over the projected period.
The major restrain for the Global Intelligent All-Wheel Drive System Market is Larger weight and higher fuel usage when tried to compare to front- and rear-wheel-drive vehicles. Tire wear is faster than with front- or rear-wheel drive. Hard-core off-roading is not preferred. Furthermore, The drive train and related necessary equipment provide both continuous and intermittent AWD is complex and expensive, generally involving sensors and computer systems that are not needed on two- or four-wheel-drive vehicles.
Different emerging innovations, and also faster growth activities of major powers through advertising alliances and contracts, create new opportunities for global market development.
Global Intelligent All-Wheel Drive System Market Segmentation Analysis
The Global Intelligent All-Wheel Drive System Market is segmented based on Product, Application, And Geography.
Intelligent All-Wheel Drive System Market, By Product
- Front-wheel drive-by Default
- Four-Wheel Drive by Default
- Rear Wheel Drive by Default
The market is segmented into Front Wheel Drive by Default, Four Wheel Drive by Default, and Rear Wheel Drive by Default. The Rear-Wheel drive by Default is the fastest-growing segment of the market. The power provided by the motor to the rear wheels, impel the vehicle forward as compared to other product types of the market over the forecasted period.
Intelligent All-Wheel Drive System Market, By Application
- Sports Car
- Sedan
- SUV
The market is segmented into Sports cars, sedans, and SUVs. The SUV has the highest-growing segment of the market. The increasing popularity of the SUV and crossover segments shifted consumers’ purchase desires away from sedans and toward SUVs and crossovers. The increasing popularity of SUVs and crossovers increases the demand for IAWD systems.
Intelligent All-Wheel Drive System Market, By Geography
- North America
- Europe
- Asia Pacific
- Rest of the world
Based on regional analysis, the market is classified into North America, Europe, Asia Pacific, and the Rest of the world. Europe has the largest growing segment of the Global Intelligent All-Wheel Drive System Market. A more practical approach to safety has been taken. The focus is no longer solely on safeguarding drivers during or after a collision on the road. Numerous driver assistance innovations are being developed with the goal of accident prevention. In addition, the increasing adoption of SUVs in Europe is fueling the market growth for IAWD systems in the region.
Key Players
The “Global Intelligent All-Wheel Drive System Market” study report will provide valuable insight with an emphasis on the global market. The major players in the market are Oerlikon, ZF Friedrichshafen, BorgWarner, Dana Holding Corporation, Eaton Corporation, Jtekt Corporation, Ford, GKN, Continental, and American Axle Manufacturing.
The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.
Report Scope
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| STUDY PERIOD | 2021-2031 |
| BASE YEAR | 2024 |
| FORECAST PERIOD | 2024-2031 |
| HISTORICAL PERIOD | 2021-2023 |
Value (USD Billion) | |
| KEY COMPANIES PROFILED | Oerlikon, ZF Friedrichshafen, Borgwarner, Dana Holding Corporation, Eaton Corporation, Jtekt Corporation, Ford, GKN, Continental, and American Axle Manufacturing. |
| SEGMENTS COVERED |
|
| CUSTOMIZATION SCOPE | Free report customization (equivalent up to 4 analyst’s working days) with purchase. Addition or alteration to country, regional & segment scope. |
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• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions and acquisitions in the past five years of companies profiled
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Frequently Asked Questions
TABLE OF CONTENT
1 INTRODUCTION OF GLOBAL INTELLIGENT ALL-WHEEL DRIVE SYSTEM MARKET
1.1 Overview of the Market
1.2 Scope of Report
1.3 Assumptions
2 EXECUTIVE SUMMARY
3 RESEARCH METHODOLOGY OF VERIFIED MARKET RESEARCH
3.1 Data Mining
3.2 Validation
3.3 Primary Interviews
3.4 List of Data Sources
4 GLOBAL INTELLIGENT ALL-WHEEL DRIVE SYSTEM MARKET OUTLOOK
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 GLOBAL INTELLIGENT ALL-WHEEL DRIVE SYSTEM MARKET, BY PRODUCT
5.1 Overview
5.2 Front Wheel Drive by Default
5.3 Four Wheel Drive by Default
5.4 Rear Wheel Drive by Default
6 GLOBAL INTELLIGENT ALL-WHEEL DRIVE SYSTEM MARKET, BY APPLICATION
6.1 Overview
6.2 Sports Car
6.3 Sedan
6.4 SUV
7 GLOBAL INTELLIGENT ALL-WHEEL DRIVE SYSTEM MARKET, BY GEOGRAPHY
7.1 Overview
7.2 North America
7.2.1U.S.
7.2.3 Canada
7.2.4 Mexico
7.3 Europe
7.3.1Germany
7.3.2 U.K.
7.3.3France
7.3.4Rest of Europe
7.4 Asia Pacific
7.4.1China
7.4.2Japan
7.4.3India
7.4.4Rest of Asia Pacific
7.5 Rest of the World
7.5.1Latin America
7.5.2Middle East and Africa
8 GLOBAL INTELLIGENT ALL-WHEEL DRIVE SYSTEM MARKET COMPETITIVE LANDSCAPE
8.1 Overview
8.2 Company Market Ranking
8.3 Key Development Strategies
9 COMPANY PROFILES
9.1 Oerlikon
9.1.1 Overview
9.1.2 Financial Performance
9.1.3 Product Outlook
9.1.4 Key Developments
9.2 ZF Friedrichshafen
9.2.1 Overview
9.2.2 Financial Performance
9.2.3 Product Outlook
9.2.4 Key Developments
9.3 Borgwarner
9.3.1 Overview
9.3.2 Financial Performance
9.3.3 Product Outlook
9.3.4 Key Developments
9.4 Dana Holding Corporation
9.4.1 Overview
9.4.2 Financial Performance
9.4.3 Product Outlook
9.4.4 Key Developments
9.5 Eaton Corporation
9.5.1 Overview
9.5.2 Financial Performance
9.5.3 Product Outlook
9.5.4 Key Developments
9.6 Jtekt Corporation
9.6.1 Overview
9.6.2 Financial Performance
9.6.3 Product Outlook
9.6.4 Key Development
9.7 GKN
9.7.1 Overview
9.7.2 Financial Performance
9.7.3 Product Outlook
9.7.4 Key Development
9.8 Ford
9.8.1 Overview
9.8.2 Financial Performance
9.8.3 Product Outlook
9.8.4 Key Development
10 KEY DEVELOPMENTS
10.1 Product Launches/Developments
10.2 Mergers and Acquisitions
10.3 Business Expansions
10.4 Partnerships and Collaborations
11 Appendix
11.1 Related Research
Report Research Methodology
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Exploratory data mining
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Data Collection Matrix
| Perspective | Primary Research | Secondary Research |
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Econometrics and data visualization model
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- Market drivers and restraints, along with their current and expected impact
- Raw material scenario and supply v/s price trends
- Regulatory scenario and expected developments
- Current capacity and expected capacity additions up to 2027
We assign different weights to the above parameters. This way, we are empowered to quantify their impact on the market’s momentum. Further, it helps us in delivering the evidence related to market growth rates.
Primary validation
The last step of the report making revolves around forecasting of the market. Exhaustive interviews of the industry experts and decision makers of the esteemed organizations are taken to validate the findings of our experts.
The assumptions that are made to obtain the statistics and data elements are cross-checked by interviewing managers over F2F discussions as well as over phone calls.
Different members of the market’s value chain such as suppliers, distributors, vendors and end consumers are also approached to deliver an unbiased market picture. All the interviews are conducted across the globe. There is no language barrier due to our experienced and multi-lingual team of professionals. Interviews have the capability to offer critical insights about the market. Current business scenarios and future market expectations escalate the quality of our five-star rated market research reports. Our highly trained team use the primary research with Key Industry Participants (KIPs) for validating the market forecasts:
- Established market players
- Raw data suppliers
- Network participants such as distributors
- End consumers
The aims of doing primary research are:
- Verifying the collected data in terms of accuracy and reliability.
- To understand the ongoing market trends and to foresee the future market growth patterns.
Industry Analysis Matrix
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