North America Automotive Drivetrain Market Size & Outlook
North America automotive drivetrain market highlights
- The North America automotive drivetrain market generated a revenue of USD 46,686.4 million in 2024.
- The market is expected to grow at a CAGR of 6.1% from 2025 to 2030.
- In terms of segment, ice was the largest revenue generating propulsion type in 2024.
- ICE is the most lucrative propulsion type segment registering the fastest growth during the forecast period.
North America data book summary
| Market revenue in 2024 | USD 46,686.4 million |
| Market revenue in 2030 | USD 64,842.0 million |
| Growth rate | 6.1% (CAGR from 2025 to 2030) |
| Largest segment | Ice |
| Fastest growing segment | ICE |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | ICE |
Other key industry trends
- In terms of revenue, North America region accounted for 19.9% of the global automotive drivetrain market in 2024.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 153,794.7 million by 2030.
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Automotive Drivetrain Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Hyundai Motor Company | View profile | 10001+ | Seoul, Seoul-t'ukpyolsi, South Korea, Asia | https://www.hyundai.com |
| Volkswagen Group | View profile | 10001+ | Wolfsburg, Niedersachsen, Germany, Europe | https://www.volkswagen-group.com/en |
| Aisin Seiki | View profile | 11-50 | Tochigi, Tochigi, Japan, Asia | https://aisinkanto.co.jp |
| Toyota Motor Corp ADR | View profile | 380793 | 1 Toyota-cho, Aichi Prefecture, Toyota, Japan, 471-8571 | https://www.global.toyota |
| American Axle & Manufacturing | View profile | 10001+ | Detroit, Michigan, United States, North America | http://aam.com |
| ZF Group | View profile | 10001+ | Friedrichshafen, Baden-Wurttemberg, Germany, Europe | http://zf.com |
| Stellantis NV | View profile | 258275 | Taurusavenue 1, Hoofddorp, NH, Netherlands, 2132 LS | https://www.stellantis.com |
| BorgWarner Inc | View profile | 39900 | 3850 Hamlin Road, Auburn Hills, MI, United States, 48326 | https://www.borgwarner.com |
| General Motors Co | View profile | 163000 | 300 Renaissance Center, Detroit, MI, United States, 48265-3000 | https://www.gm.com |
| Schaeffler AG ADR | View profile | 83362 | Industriestrasse 1-3, Herzogenaurach, BY, Germany, 91074 | https://www.schaeffler.com |
North America automotive drivetrain market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to automotive drivetrain market will help companies and investors design strategic landscapes.
Ice was the largest segment with a revenue share of 103.19% in 2024. Horizon Databook has segmented the North America automotive drivetrain market based on ice covering the revenue growth of each sub-segment from 2018 to 2030.
The U.S. automotive drivetrain market is experiencing a shift influenced by regulatory policies, consumer demand, and technological advancements. Stricter emissions standards, including Corporate Average Fuel Economy (CAFE) regulations, are pushing automakers to adopt more efficient drivetrain systems.
Additionally, the Inflation Reduction Act (IRA) provides incentives for domestic EV production, accelerating the development of electric drivetrains, particularly in all-wheel-drive (AWD) configurations.
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Target buyers of North America automotive drivetrain market databook
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Our clientele includes a mix of automotive drivetrain market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the North America automotive drivetrain market , including forecasts for subscribers. This continent databook contains high-level insights into North America automotive drivetrain market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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