Drive System Market Trends

Drive System Market Scenario

The global market for drive system has been witnessing growth USD 3,900 million at a CAGR 8.40% during the forecast period. The growing vehicle production across the globe has been aiding the market.  In addition, stringent regulatory norms, especially in Europe has fueled the growth of the market. Rapidly rising demand for high fuel efficiency and transmission system has evolved to provide better vehicle performance. Manufacturers of drive systems are competing to develop fuel efficient systems without compromising on the performance of vehicle. Automatic transmission is preferred over manual transmission, and the reason behind the inclination towards automatic transmissions, is fuel efficiency, increased power, and better comfort level. With major manufacturers adopting advanced technologies to keep pace with the leading manufacturers in the automotive industry, the market for drive system is poised for rapid growth during the forecast period. Factors such as increase in use of alternative fuel such as ethanol and the increasing trend of engine downsizing, are driving the market of drive system for automotive. Increased investment in the automotive industry across the globe encourages various manufacturers operating in the automotive industry. The stringent emission norms are also driving the market for drive system market.

However, high cost of advanced transmission systems is a major restraint in the growth of market.

Regional Analysis

The market for drive system systems is expected to grow with an increase in demand of automobiles, majorly in the U.S. and Europe. North America is expected to be the largest market during the forecast period.  Increasing demand for automatic manual transmission (AMT) across the region, is expected to boost the industry growth. In addition, the sophisticated manufacturing hubs and market, in terms of technology is expected to strengthen the market growth further. There is an immense demand of commercial vehicles in United States. The demand for commercial vehicles has increased the demand for drive system systems market. Major demand for fuel efficient vehicles, coupled with heavy investment in the technological development is expected to drive the demand in the drive system market in this region. The growth of the Europe region is also driven by the presence of major auto manufacturers, which are mainly focusing on meeting the increasing demand for both, passenger and commercial vehicles. Owing to all these factors, the growth of the regions is expected to grow at a rapid pace.

Asia Pacific is the second largest market in the global automotive transmission market owing to factors such as growth in the production of passenger cars and LCV in the developing economies. Many OEMs are keen to open their production facilities, in this region, especially in the emerging nations such as China and India. The market has been experiencing rapid growth due to the rising sales of passenger cars, and the emerging economies where the global players are shifting. Technological advancements are also giving a much needed thrust to the Gasoline Direct Injection (GDI) systems market. Rampant rise in vehicle production in the Asia Pacific region is also expected to be majorly contributing in the growth of the drive system market.

Key Players

The key players of global drive system market are Continental AG (Germany), Delphi Automotive Plc.(U.K.), Denso (Japan), Bosch (Germany), Schaeffler (Germany), Johnson Electric (China), Mitsubishi Electric(Japan), Infineon (Germany), Hitachi Automotive Systems (Japan), Valeo (France), Mahle (Germany) and Cummins (U.S.).

Market Segmentation

Intended Audience

• Distributer & Supplier companies


• End Users


• Consultants and Investment bankers


• Government as well as Independent Regulatory Authorities

Product Analysis

• Product matrix which gives a detailed comparison of the market for different recycled product types

Additional Information

• Regulatory Landscape


• Pricing Analysis


• Macroeconomic Indicators

Geographic Analysis

• Geographical analysis across 15 countries

Company Information

• Profiling of 10 key market players


• In-depth analysis including SWOT analysis, and strategy information of related to report title


• Competitive landscape including emerging trends adopted by major companies

The report for Global Drive System Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.

Recent Development

January 2024: Li Auto, a pioneer in extended-range electric cars (EVs), has chosen the NVIDIA DRIVE ThorTM centralized car computer to power its next-generation fleets, according to an announcement made by NVIDIA today.

GWM (Great Wall Motor), ZEEKR, and Xiaomi are three electric vehicle manufacturers who have embraced the NVIDIA DRIVE OrinTM platform to power their intelligent automated-driving systems, according to an announcement made by NVIDIA.

In a statement made by Xinzhou Wu, vice president of automotive at NVIDIA, it was said that the transportation sector is adopting centralized computing for highly automated and autonomous driving. "The artificial intelligence car computer of choice for today's intelligent fleets is NVIDIA DRIVE Orin," said the author. "Automakers are increasingly looking to the advanced capabilities and AI performance of its successor, NVIDIA DRIVE Thor, for their future vehicle roadmaps."

DRIVE Thor is a next-generation centralized vehicle computer that combines a broad variety of intelligent tasks into a single AI compute platform. It has capabilities for autonomous driving and parking, as well as monitoring for the driver and passengers, and it also has the ability to operate as an AI cockpit.

This assisted-driving system, known as AD Max, is powered by two DRIVE Orin processors, which are now being used by Li Auto for its L-series automobiles. Real-time fusing and processing of sensor information is made possible by the processors, which are capable of performing a combined total of 508 trillion operations per second (TOPS). This enables full-scenario autonomous driving for navigation on advanced driver-assistance systems (ADAS), full-scenario assisted driving for lane change control (LCC), automated parking, and automatic emergency braking (AEB) active safety features.

A move to an end-to-end algorithmic design that is dominated by massive AI models is required for the system to be upgraded to the new AD Max 3.0 version. Through the use of an occupancy network, spatio-temporal trajectory planning, and model-predictive control algorithms, it provides a driving experience that is both safer and more pleasant for the driver.