Powertrain consists of all the main components of an automotive engine from where the combustion of fuel takes place.
Powertrain refers to the group of components that generate power and deliver it to the road. They include the engine, transmission, drive shafts, differentials, and the final drive. The combustion of fuel takes place in the powertrain. Therefore it can also be defined as the sum total of all the components which is required for the vehicle to convert stored energy into kinetic energy. This kinetic energy which is produced by the powertrain enables the vehicle to move.
Technologically advanced powertrain system that enables better fuel efficiency and emissions according to the government regulated standards for automotives are among the key factors that drive the powertrain market. The world over Powertrain manufacturing companies are pouring money on research and development to innovate the powertrain systems by reducing the size of engine and making the powertrain more environment- friendly without compromising on the performance of the vehicle.
The global powertrain market by geography has been segmented into North America, Europe, Asia Pacific and rest of the world. Some of the major players in the global powertrain market are General Motors Company (GM) (US), Denso Corporation (Japan), Magma International Inc. (Canada), Valeo (France), Ford Motor Company (US), Delphi Automotive PLC (US), BorgWarener Automotive Powertrain Systems Corp (U.), ZF Friedrichshafen AG (Germany), Hyundai Motor Company (South Korea), Continental AG (Germany).
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