Le Lézard
Classified in: Transportation, Covid-19 virus
Subject: MRR

Global Powertrain Market Outlook 2021 - Powertrain Electrification Offers Future Growth Potential through mHEVs, PHEVs, and BEVs, While Diesel Powertrains are Fast Fading From Technology Strategies


DUBLIN, Aug. 4, 2021 /PRNewswire/ -- The "Global Powertrain Outlook 2021" report has been added to ResearchAndMarkets.com's offering.

Research and Markets Logo

The global powertrain industry continues to be dominated by internal combustion engines (ICE), specifically, gasoline engines, while diesel engine's share has been falling since the dieselgate scandal. While the share of IC engines operating on alternate fuels has remained constant, vehicle electrification is on the rise.

Irrespective of the type of powertrain, the primary focus is on driving down emissions and improving fuel economy. To this effect, each region has different priorities and methods on lowering emissions, with engine downsizing, alternate fuels, mild hybrids, full hybrids, Plug-in Hybrid Electric Vehicles (PHEVs), and battery Electric Vehicles (BEVs), all finding suitors across the globe and a recent addition to the list being Fuel Cell Electric Vehicles (FCEV).

Even in powertrain electrification, the fastest growing trend in the last 5 years is that of mild hybridization, using 48V, 24V, and 12V, which plays a supporting role to conventional ICE. This will continue to be the fastest-growing trend in the short-to-medium term, ahead of electric vehicles (BEVs, FCEVs, and PHEV).

Increasing electrification, however, is not limited to propulsion and is often applied to optimize powertrain subsystems. Engine downsizing, for example, is a key area that directly brings down fuel consumption and emissions, and even here, electrification is making a mark with electrified turbocharger for instant response and increased energy recovery.

In a bid to reduce the dependency on fossil fuels and increase the use of renewable energy, the challenge is often the variable supply of renewable energy and its storage. While battery electric vehicles offer a solution for storing excess energy from the grid and supplying it back when required, the use of synthetic fuels offers another method of renewable-energy storage. This form of energy storage enables the use of existing production, storage, and distribution methods while ensuring carbon-neutral mobility.

All the above ensure that despite the high media and public interest in powertrain electrification, ICE will continue as the leading prime mover for at least a couple of decades.

Key Topics Covered:

1. Growth Environment

2. 2021 Global Economic Outlook

3. The Strategic Imperative

4. Growth Environment and Scope - Global Automotive Powertrain Industry

5. Europe - Powertrain Outlook

6. US - Powertrain Outlook

7. China - Powertrain Outlook

8. South Korea - Powertrain Outlook

9. Japan - Powertrain Outlook

10. India - Powertrain Outlook

11. ASEAN Countries - Powertrain Outlook Indonesia, Malaysia, and Thailand

12. Powertrain Technology Outlook

13. Regional Strategy for Testing Procedures

14. Regional Predictions 2021

15. Growth Opportunity Universe - Global Powertrain Market

16. Key Conclusions

Companies Mentioned

For more information about this report visit https://www.researchandmarkets.com/r/v17wjw

Media Contact:
Research and Markets
Laura Wood, Senior Manager
[email protected]       

For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

U.S. Fax: 646-607-1904
Fax (outside U.S.): +353-1-481-1716

SOURCE Research and Markets


These press releases may also interest you

at 12:55
Deadline Reminder: Law Offices of Howard G. Smith Reminds Investors of Looming Deadline in the Class Action Lawsuit Against QuidelOrtho Corporation (QDEL)
Law Offices of Howard G. Smith reminds investors of the upcoming June 11, 2024 deadline to file a lead plaintiff motion in the case filed on behalf of investors who purchased QuidelOrtho Corporation ("QuidelOrtho" or the "Company") common stock...

at 12:45
3M Launches New Verify App to Help Tackle Counterfeit Personal Protective Equipment
3MOriginally published on 3M News CenterWhen it comes to personal protective equipment, or PPE, there's no place for fraud or counterfeit.Protecting the health and safety of workers across industries and work environments is one of 3M's passions. We...

at 12:45
'A Way Out' for Those Facing Violence and Abuse
Physical safety. Protection and advocacy. A way out.These are what victims of family violence and sexual abuse urgently need, and it's what they will find at New Day Advocacy Center (NDAC) in Ashland, Wisconsin, a small city of 8,000 on the shore of...

at 11:10
Small Wind Global Strategic Industry Report 2024-2030: Small Wind Turbines - A Real Blue-Sky Opportunity for Clean, Renewable Energy - ResearchAndMarkets.com
The "Small Wind - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering. Global Small Wind Market to Reach $2.3 Billion by 2030 The global market for Small Wind estimated at US$1.2 Billion in the year 2023,...

at 11:00
The Bentley Hotel Southampton Expected to Join JdV by Hyatt Brand in mid-2024
Hyatt Hotels Corporation announced The Bentley Hotel Southampton has officially joined the Hyatt portfolio as an affiliated hotel, in collaboration with Bijal Hospitality, the property's owner and operator. The hotel, which is currently in the midst...

at 10:55
Global Interventional Pulmonology Market Insights & Forecasts 2024-2028 with Potential Impact of COVID-19 - Surging COPD Mortality Rate and Improving Training Programs Fueling Growth - ResearchAndMarkets.com
The "Global Interventional Pulmonology Market: Insights & Forecast with Potential Impact of COVID-19 (2024-2028)" report has been added to ResearchAndMarkets.com's offering. The global interventional pulmonology market is forecasted to reach...

More news about Covid-19 virus...


News published on and distributed by: