The automotive powertrain market will grow at a CAGR of over 7% during 2024-2028, reaching a projected value of USD 662 Billion by 2028. The key factors driving this growth globally include stringent emission norms, increasing demand for automated transmission, and the trend of downsizing engines.
The automotive powertrain market is segmented based on vehicle, drive, type, and region. The passenger cars segment is anticipated to hold the dominant share until 2028, followed by light commercial veh
