Hybrid Drivetrain Market Opportunities And Industry Forecast To 2027

By Ronak Bora

Global hybrid drivetrain market outlook is driven by growing sales of hybrid vehicles.  Hybrid vehicles use an alternate power source along with conventional sources to produce momentum and minimize fuel consumption. With enactment of stringent regulations to curb vehicular emission and reduce carbon footprint, automotive OEMs are incorporating more electric components in cars, which is triggering hybrid drivetrains industry demand. Hybrid drivetrains offer a range of benefits, such as low fuel consumption and less emission. Hybrid drivetrains have witnessed major advancements in the past few years.
Hybrid drivetrain market is witnessing the development of a slew of innovative products, as companies partaking in the market are vying to gain an edge over the market. Some of the leading hybrid drivetrain industry players are BAE Systems, Aisin Seiki, Delphi Automotive, Denso, Continental AG, Magna International, JATCO Ltd., ZF Friedrichshafen, and Hofer Powertrain.
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On the basis of type, hybrid drivetrain market is fragmented into parallel, series, and series-parallel. Among these, series-parallel segment is likely to observe significant growth and push hybrid drivetrain industry growth. Series-parallel system divides the engine power into 2 paths; one travels to the generator for electricity production, while other offers momentum to the wheels through a mechanical gear. The system is capable of utilizing maximum power and bridges the gaps of engine torque with electric power.
Hybrid drivetrains are experiencing maximum installation in mild HEV cars. Mild HEVs are equipped with electric motors, which deliver mid-level engine assistance for easy and refined operations. Mild HEVs provide more agility as compared to full combustion counterparts as they utilize recuperated electric energy that provides improved engine acceleration. Hybrid drivetrains also prolong engine life by minimizing mechanical stress and engine load, mainly in urban driving conditions.
Control component has found high importance in vehicle operation and augmented hybrid drivetrain industry size. Control module helps to handle cooperation between power sources by integrating control points and host of sensors. It also manages temperature for engine components and batteries for safe and streamlined driving.
With hybrid vehicles gaining traction in the region, Europe Hybrid Drivetrain Market is dominating the regional hierarchy. For example, in September 2019, BMW introduced a mild-hybrid variant for 5 series automobiles. The vehicle is equipped with secondary battery and 48V starter-generator, that enhances the regenerative braking system of the vehicles and improves operation. Later, in January 2020, the company announced roll out of plug-in hybrid vehicle models, including BMW X2 xDrive25e and BMW X1 xDrive25e.
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Partial Chapter of the Table of Content
Chapter 4   Hybrid Drivetrain Market, By Level
4.1    Global hybrid drivetrain market insights, by level
4.2    Mild HEV
4.2.1    Global market estimates and forecasts, 2017 - 2027
4.2.2    Market estimates and forecast, by region, 2017 - 2027
4.3    Full HEV
4.3.1    Global market estimates and forecasts, 2017 - 2027
4.3.2    Market estimates and forecast, by region, 2017 – 2027
4.4    PHEV
4.4.1    Global market estimates and forecasts, 2017 - 2027
4.4.2    Market estimates and forecast, by region, 2017 - 2027
Chapter 5   Hybrid Drivetrain Market, By Type
5.1    Global market insights, by type
5.2    Series
5.2.1    Global market estimates and forecasts, 2017 - 2027
5.2.2    Market estimates and forecast, by region, 2017 - 2027
5.3    Parallel
5.3.1    Global market estimates and forecasts, 2017 - 2027
5.3.2    Market estimates and forecast, by region, 2017 – 2027
5.4    Series Parallel
5.4.1    Global market estimates and forecasts, 2017 - 2027
5.4.2    Hybrid drivetrain market estimates and forecast, by region, 2017 - 2027
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About Author

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for Technology Magazine and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and sport....

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