Four Wheel Drive Vehicle Market is Expected to Grow at a CAGR of Over 12.2% During 2018-2023

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.

Scope of the Report:
This report focuses on the Four Wheel Drive Vehicle in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.

The SUVs and crossover segment dominated the automotive 4WD vehicle market and accounted for a major part of the overall market share. The rising volume sales of these vehicles in the US, Canada, China, Indonesia, Malaysia, and India are the major factor driving the growth of this segment. The increasing availability of small-size or compact SUVs has significantly influenced the global demand for the 4wd vehicles. With rising demand for crossovers in developing countries, the SUVs and crossovers segment is expected to dominate the four wheel drive vehicle market for the next few years.

In this market study, analysts have estimated the Americas to dominate the automotive 4WD vehicle market during the forecast period. The high popularity of large and big vehicles, such as SUVs and pickup trucks, drives the market growth of automotive 4WD systems in the Americas. Moreover, decreasing gasoline prices per gallon, growing credit availability, and the emergence of new models of 4wd cars are expected to propel the growth of the four wheel drive vehicle market in the region further.

The worldwide market for Four Wheel Drive Vehicle is expected to grow at a CAGR of roughly xx% over the next five years, will reach xx million US$ in 2023, from xx million US$ in 2017, according to a new Planet Market Reports study.

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Market Segment by Manufacturers, this report covers
BorgWarner
GKN
Linamar
Magna
ZF Friedrichshafen
American Axle & Manufacturing
Dana
Hitachi Automotive Systems
JTEKT

Market Segment by Regions, regional analysis covers
North America United States, Canada and Mexico
Europe Germany, France, UK, Russia and Italy
Asia-Pacific China, Japan, Korea, India and Southeast Asia
South America Brazil, Argentina, Colombia etc.
Middle East and Africa Saudi Arabia, UAE, Egypt, Nigeria and South Africa

Market Segment by Type, covers
Premium and Luxury Sedans
Pickup Trucks
SUVs and Crossovers
Other

Market Segment by Applications, can be divided into
Military
Civilian

There are 15 Chapters to deeply display the global Four Wheel Drive Vehicle market.
Chapter 1, to describe Four Wheel Drive Vehicle Introduction, product scope, market overview, market opportunities, market risk, market driving force;
Chapter 2, to analyze the top manufacturers of Four Wheel Drive Vehicle, with sales, revenue, and price of Four Wheel Drive Vehicle, in 2016 and 2017;
Chapter 3, to display the competitive situation among the top manufacturers, with sales, revenue and market share in 2016 and 2017;
Chapter 4, to show the global market by regions, with sales, revenue and market share of Four Wheel Drive Vehicle, for each region, from 2013 to 2018;
Chapter 5, 6, 7, 8 and 9, to analyze the market by countries, by type, by application and by manufacturers, with sales, revenue and market share by key countries in these regions;
Chapter 10 and 11, to show the market by type and application, with sales market share and growth rate by type, application, from 2013 to 2018;
Chapter 12, Four Wheel Drive Vehicle market forecast, by regions, type and application, with sales and revenue, from 2018 to 2023;
Chapter 13, 14 and 15, to describe Four Wheel Drive Vehicle sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source

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