Automotive Transaxle Market

Automotive Transaxle is a mechanical component that combines the function of transmission axle and differential into a single integrated assembly. The automotive transaxle receives torque from the engine and directly sends it to the drive axles. Short drive axles are used to connect the transaxle output to the drive wheels and hub. Automotive transaxle can be operated both manually and automatically. Most of the vehicles that have torque converters have automotive transaxle units because transaxles are compact in size which helps them to increase the performance of the vehicles. Transaxles are used in front-engine front-wheel drive, front-engine rear-wheel drive, and rear-engine rear-wheel drive. Rise in the powerful and advanced vehicles have led the manufacturers of automotive transaxle to focus on lightweight materials which will help in weight reduction of the component which will simultaneously increase the fuel efficiency of the vehicle. Moreover, transaxle manufacturers are designing transaxle longitudinal transmission for front-wheel drive, rear-wheel drive and all-wheel drive and transaxle transmission for only front-wheel & all-wheel drive.
Automotive Transaxle Market contains market size and forecasts of Automotive Transaxle in global, including the following market information:
Global Automotive Transaxle Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Automotive Transaxle Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Automotive Transaxle companies in 2021 (%)
The global Automotive Transaxle market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Manual Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Automotive Transaxle include Toyota Motor Corporation, Magna International, Weddle Industries, Volkswagen Group, General Motors and Ford Motor Company, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the Automotive Transaxle manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Automotive Transaxle Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Automotive Transaxle Market Segment Percentages, by Type, 2021 (%)
Manual
Automatic
Global Automotive Transaxle Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Automotive Transaxle Market Segment Percentages, by Application, 2021 (%)
OEM (Original Equipment Manufacturers)
Aftermarket
Global Automotive Transaxle Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Automotive Transaxle Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Automotive Transaxle revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Automotive Transaxle revenues share in global market, 2021 (%)
Key companies Automotive Transaxle sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Automotive Transaxle sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Toyota Motor Corporation
Magna International
Weddle Industries
Volkswagen Group
General Motors
Ford Motor Company