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Four Wheel Drive Vehicle, Industry - Deep Market Research, Challenges 2016, Forecast 2021, Trend, Analysis, Share

Four Wheel Drive Vehicle, Market Trends, Industry Analysis, Global Forecast, Growth Review
Rmoz Ganesh VP | 07.09.2016

"Global Four Wheel Drive Vehicle market 2015-2019". The Report covers current Market Trends, Analysis, Forecast, Review, Share, Size, Growth, Effect.



Description-



Global four wheel drive vehicle market outlook



Technavios market research analysts estimate four wheel drive (4WD) vehicle shipments to cross over 7 million, in terms of unit sales by 2019. The rising demand for sports utility vehicles (SUVs) fitted with MWD propels the growth of this market.



In the automotive market in China, SUVs are the fastest-growing vehicle segment. The growing demand for these vehicles among the emerging middle class drives the demand for 4WDs. As per this forecast, the market is predicted to witness increased adoption of 4WDs in hybrid vehicles until 2019. For instance, GKN Automotive is designing and developing advanced drivetrain technologies to support hybrid electric vehicles (EVs).



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Issues concerning four wheel drive

 

Vehicles equipped with 4WDs are susceptible to high maintenance costs. The vehicle provides lower mileage compared to vehicles fitted with 2WD systems.

 

The utility of a 4WD vehicle is best realized when driven on rugged terrains. But their tires and brakes wear out quickly and therefore it necessitates periodic changes of differential fluids. If these vehicles are constantly driven in rough conditions, the span between general maintenance is further shortened.

 

In the current price-sensitive market, customers look for vehicles that give them maximum value for money. Hence, it has become difficult for manufacturers to shift this cost pressure onto customers. As per this market forecast, manufacturers are predicted to keep their margins low through 2019.


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Market segmentation by vehicle type

 

Standard 4WD

Premium 4WD

The growth of the global standard 4WD vehicle market is expected to be fueled by the steady growth of the global light vehicle market. The steady demand of light vehicles in emerging economies is expected to account for over 60% of the overall automobile sales by 2019.

 

Market segmentation of 4WDs by geography

 

APAC

Americas

EMEA

The global 4WD vehicle market is well diversified across all geographies, with the Americas holding the major share of the market currently. The market in the Americas is mainly based in core markets such as the US, Brazil, and Canada. The Americas ids followed by the APAC.

 

Leading vendor analysis of the global 4WD market

 

BMW

Dacia

Daimler

GM

Hyundai

Land Rover

Volvo

The global 4WD vehicle market is dominated by several international players that are expanding their footprint in developing nations of the APAC region. During the forecast period, market vendors are anticipated to increase their focus on matching stringent fuel efficiency standards. The other prominent vendors of this market include Audi, Chevrolet, FIAT, HONDA, Nissan, PSA, Skoda, TATA, Toyota, and Volkswagen.

 

Key questions answered in the report

 

What are the key factors driving the global 4WD market

What are the key market trends impacting the growth of the global 4WD market

What are the various opportunities and threats faced by the vendors in the global 4WD market

Trending factors influencing the market shares for the global 4WD market

Market shares for APAC, Americas, and Europe

Key outcome of the five forces analysis on the global 4WD market

Growth forecast of the global 4WD market


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About the tenderer: Rmoz Ganesh VP

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