The analysts forecast global automotive four-wheel drive vehicle market to grow at a CAGR of 11.34% during the period 2017-2021. This report covers the present scenario and the growth prospects of the global automotive four-wheel drive vehicle market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
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An automotive 4WD system is typically used in off-road vehicles and involves the distribution of power and torque to all the four wheels. The system may be fitted as a full-time or an on-demand functionality. This distribution of power to all the four wheels helps in attaining better driving characteristics in low-traction conditions. 4WD is a standard component in most pickup trucks, SUVs, and crossovers. The history of automotive 4WD technology dates to the inception of automobiles. The earliest evidence of the four-wheel design was found in the late 1890s when an English engineer patented the technology for traction engines.
This report, Global Automotive Four-wheel Drive Vehicle Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
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Key Vendors
• BorgWarner
• GKN
• Linamar
• Magna
• ZF Friedrichshafen
Other Prominent Vendors
• American Axle & Manufacturing
• Dana
• Hitachi Automotive Systems
• JTEKT
Market Driver
• Booming global SUV market with growing volume sales
• For a full, detailed list, view our report
Market Challenge
• Advanced 4WD increasing the overall vehicle cost
• For a full, detailed list, view our report
Market Trend
• Development of intelligent torque vectoring for AWD
• For a full, detailed list, view our report
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