Four-Wheel Drive Vehicles Market Research Report - Forecast to 2023

Global Four-Wheel Drive Vehicles Market Research Report Information, by product type (Standard 4WD, and Premium 4WD), by Application (HCVs, and SUVs), by End-Use (Road racing, heavy trucks, and construction equipment) and Region - Forecast To 2023

ID: MRFR/AM/4376-HCR | February 2021 | Region: Global | 100 pages

Market Synopsis
In the Four-wheel drive vehicles, which are also called 4×4 or 4WD, all the Four-Wheels of the vehicle get power from engine. These are safe on both, slippery roads and off roads. They do not lose traction and therefore have better stability and performance than the two wheel drive vehicles. For saving power, the four-wheel drive vehicles work in different modes, such as full time four-wheel drive, part time four wheel drive, and automatic four-wheel drive. The user can enter into any of these modes manually depending on need. This leads to an overall increase of the cost of vehicle. However, the use of these systems in the car leads to quick wear out of tires and the need for higher maintenance.
The demand for four-wheel drive vehicles is expected to increase with significant growth rate all over the world, majorly in the emerging markets. The development of the intelligent torque vectoring for four-wheel drive vehicles is driving the growth of the market. The introduction of technological innovations in these vehicles is enabling the integration of advanced systems in automotive four-wheel drive vehicles. Torque vectoring is a system that helps the vehicle to possess control over the power and torque distribution to all the wheels. This equal distribution of power and torque to all four-wheels of the automotive provides better stability to the vehicle and improved performance.
However, the growth of this market is expected to be restrained by the increase in cost of the vehicles owing to the implementation of four-wheel drive systems, which comprises differentials, transfer case, rear-drive shaft, rear axle, and advanced electronics in the automotive. Therefore, the four-wheel drive vehicles market has seen remarkable growth in the global market and it has been observed that, it is expected to grow with the CAGR of ~6%.
 
Market Segmentation:
On the basis of product type, the market has been segmented as Standard 4WD and Premium 4WD. Amongst these, the standard 4WD vehicle market is expected to grow with the highest CAGR over the forecast period owing to the steady growth of the light vehicle market. This growth of light vehicles in emerging economies is expected to account for majority of the share in overall automobile sales, leading to the growth of the four-wheel drive vehicle market.
Geographically, the global four-wheel drive vehicles market has been divided into the four major regions of North America, Europe, Asia Pacific and Rest of the World. The global four- wheel drive vehicle market is diversified across all geographies, with North America region holding the major share of the market. The market in North America is mainly based in the countries such as the U.S. and Canada. The North America market is followed by the Asia Pacific region.
Key Players:
The prominent players in the four-wheel drive vehicles market include Daimler AG (Germany), Mitsubishi Motors Corporation (Japan), BMW (Germany), Toyota Motor Corporation (Japan), Ford Motor Company (U.S.), and Groupe Renault (France).  Tata Motors Limited (India),  Hyundai Motor Company (South Korea), Volkswagen AG (Germany), Volvo (Sweden),  Fiat S.p.A (Italy), Nissan Motor Company Ltd (Japan), and Honda Motor Company, Ltd. (Japan) are among others.   
The report for Global Four-Wheel Drive Vehicles 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 and volume, 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.



Frequently Asked Questions (FAQ) :


The growth rate of the market in the near future can be 6%.

The market is slated to experience significant growth by the end of the review timeline, given the thriving automotive industry across the globe.

Fiat S.p.A (Italy), BMW (Germany), Toyota Motor Corporation (Japan), Honda Motor Company, Ltd. (Japan), Volvo (Sweden), Daimler AG (Germany), Tata Motors Limited (India), Hyundai Motor Company (South Korea), Ford Motor Company (U.S.), Volkswagen AG (Germany), Mitsubishi Motors Corporation (Japan), Nissan Motor Company Ltd (Japan), Groupe Renault (France), and others.

Heavy trucks, construction equipment and Road racing, are the prime end-users in the market.

North America holds the maximum share in the market.

Table of content
1 Executive Summary

2 Scope of the Report

2.1 Market Definition

2.2 Scope of the Study

2.2.1 Definition

2.2.2 Research Objective

2.2.3 Assumptions

2.2.4 Limitations

2.3 Research Process

2.3.1 Primary Research

2.3.2 Secondary Research

2.4 Market size Estimation

2.5 Forecast Model


3 Market Landscape

3.1 Porter’s Five Forces Analysis

3.1.1 Threat of New Entrants

3.1.2 Bargaining power of buyers

3.1.3 Bargaining power of suppliers

3.1.4 Threat of substitutes

3.1.5 Segment rivalry

3.2 Value Chain/Supply Chain Analysis


4 Market Dynamics

4.1 Introduction

4.2 Market Drivers

4.3 Market Restraints

4.4 Market Opportunities

4.5 Market Trends


5 Global Four-Wheel Drive Vehicles Market, By Product Type

5.1 Introduction

5.2 Standard 4WD

5.2.1 Market Estimates & Forecast, 2017-2023

5.2.2 Market Estimates & Forecast by Region, 2017-2023

5.3 Premium 4WD

5.3.1 Market Estimates & Forecast, 2017-2023

5.3.2 Market Estimates & Forecast by Region, 2017-2023


6 Global Four-Wheel Drive Vehicles Market, By Application

6.1 Introduction

6.2 HCV

6.2.1 Market Estimates & Forecast, 2017-2023

6.2.2 Market Estimates & Forecast by Region, 2017-2023

6.3 SUV

6.3.1 Market Estimates & Forecast, 2017-2023

6.3.2 Market Estimates & Forecast by Region, 2017-2023


7 Global Four-Wheel Drive Vehicles Market, By End-Use

7.1 Introduction

7.2 Road racing

7.2.1 Market Estimates & Forecast, 2017-2023

7.2.2 Market Estimates & Forecast by Region, 2017-2023

7.3 Heavy trucks

7.3.1 Market Estimates & Forecast, 2017-2023

7.3.2 Market Estimates & Forecast by Region, 2017-2023

7.4 Construction equipment

7.4.1 Market Estimates & Forecast, 2017-2023

7.4.2 Market Estimates & Forecast by Region, 2017-2023
8 Global Four-Wheel Drive Vehicles Market, By Region

8.1 Introduction

8.2 North America

8.2.1 Market Estimates & Forecast, 2017-2023

8.2.2 Market Estimates & Forecast by Product Type, 2017-2023

8.2.3 Market Estimates & Forecast by Application, 2017-2023

8.2.4 Market Estimates & Forecast by End-Use, 2017-2023

8.2.5 U.S

8.2.5.1 Market Estimates & Forecast, 2017-2023

8.2.5.2 Market Estimates & Forecast by Product Type, 2017-2023

8.2.5.3 Market Estimates & Forecast by Application, 2017-2023

8.2.5.4 Market Estimates & Forecast by End-Use, 2017-2023

8.2.6 Canada

8.2.6.1 Market Estimates & Forecast, 2017-2023

8.2.6.2 Market Estimates & Forecast by Product Type, 2017-2023

8.2.6.3 Market Estimates & Forecast by Application, 2017-2023

8.2.6.4 Market Estimates & Forecast by End-Use, 2017-2023

8.3 Europe

8.3.1 Market Estimates & Forecast, 2017-2023

8.3.2 Market Estimates & Forecast by Product Type, 2017-2023

8.3.3 Market Estimates & Forecast by Application, 2017-2023

8.3.4 Market Estimates & Forecast by End-Use, 2017-2023

8.3.5 U.K

8.3.5.1 Market Estimates & Forecast, 2017-2023

8.3.5.2 Market Estimates & Forecast by Product Type, 2017-2023

8.3.5.3 Market Estimates & Forecast by Application, 2017-2023

8.3.5.4 Market Estimates & Forecast by End-Use, 2017-2023

8.3.6 Germany

8.3.6.1 Market Estimates & Forecast, 2017-2023

8.3.6.2 Market Estimates & Forecast by Product Type, 2017-2023

8.3.6.3 Market Estimates & Forecast by Application, 2017-2023

8.3.6.4 Market Estimates & Forecast by End-Use, 2017-2023

8.3.7 France

8.3.7.1 Market Estimates & Forecast, 2017-2023

8.3.7.2 Market Estimates & Forecast by Product Type, 2017-2023

8.3.7.3 Market Estimates & Forecast by Application, 2017-2023

8.3.7.4 Market Estimates & Forecast by End-Use, 2017-2023

8.3.8 Italy

8.3.8.1 Market Estimates & Forecast, 2017-2023

8.3.8.2 Market Estimates & Forecast by Product Type, 2017-2023

8.3.8.3 Market Estimates & Forecast by Application, 2017-2023

8.3.8.4 Market Estimates & Forecast by End-Use, 2017-2023

8.3.9 Rest of Europe

8.3.9.1 Market Estimates & Forecast, 2017-2023

8.3.9.2 Market Estimates & Forecast by Product Type, 2017-2023

8.3.9.3 Market Estimates & Forecast by Application, 2017-2023

8.3.9.4 Market Estimates & Forecast by End-Use, 2017-2023

8.4 Asia Pacific

8.4.1 Market Estimates & Forecast, 2017-2023

8.4.2 Market Estimates & Forecast by Product Type, 2017-2023

8.4.3 Market Estimates & Forecast by Application, 2017-2023

8.4.4 Market Estimates & Forecast by End-Use, 2017-2023

8.4.5 China

8.4.5.1 Market Estimates & Forecast, 2017-2023

8.4.5.2 Market Estimates & Forecast by Product Type, 2017-2023

8.4.5.3 Market Estimates & Forecast by Application, 2017-2023

8.4.5.4 Market Estimates & Forecast by End-Use, 2017-2023

8.4.6 Japan

8.4.6.1 Market Estimates & Forecast, 2017-2023

8.4.6.2 Market Estimates & Forecast by Product Type, 2017-2023

8.4.6.3 Market Estimates & Forecast by Application, 2017-2023

8.4.6.4 Market Estimates & Forecast by End-Use, 2017-2023

8.4.7 India

8.4.7.1 Market Estimates & Forecast, 2017-2023

8.4.7.2 Market Estimates & Forecast by Product Type, 2017-2023

8.4.7.3 Market Estimates & Forecast by Application, 2017-2023

8.4.7.4 Market Estimates & Forecast by End-Use, 2017-2023

8.4.8 Rest of Asia Pacific

8.4.8.1 Market Estimates & Forecast, 2017-2023

8.4.8.2 Market Estimates & Forecast by Product Type, 2017-2023

8.4.8.3 Market Estimates & Forecast by Application, 2017-2023

8.4.8.4 Market Estimates & Forecast by End-Use, 2017-2023

8.5 Rest of the World

8.5.1 Market Estimates & Forecast, 2017-2023

8.5.2 Market Estimates & Forecast by Product Type, 2017-2023

8.5.3 Market Estimates & Forecast by Application, 2017-2023

8.5.4 Market Estimates & Forecast by End-Use, 2017-2023
9 Competitive Landscape


10 Company Profile

10.1 Daimler AG (Germany)

10.1.1 Company Overview

10.1.2 Applications/Services Offering

10.1.3 Financial Overview

10.1.4 Key Developments

10.1.5 Strategy

10.1.6 SWOT Analysis

10.2 Mitsubishi Motors Corporation (Japan)

10.2.1 Company Overview

10.2.2 Applications/Services Offering

10.2.3 Financial Overview

10.2.4 Key Developments

10.2.5 Strategy

10.2.6 SWOT Analysis

10.3 BMW (Germany)

10.3.1 Company Overview

10.3.2 Applications/Services Offering

10.3.3 Financial Overview

10.3.4 Key Developments

10.3.5 Strategy

10.3.6 SWOT Analysis

10.4 Toyota Motor Corporation (Japan)

10.4.1 Company Overview

10.4.2 Applications/Services Offering

10.4.3 Financial Overview

10.4.4 Key Developments

10.4.5 Strategy

10.4.6 SWOT Analysis

10.5 Ford Motor Company (U.S.)

10.5.1 Company Overview

10.5.2 Applications/Services Offering

10.5.3 Financial Overview

10.5.4 Key Developments

10.5.5 Strategy

10.5.6 SWOT Analysis

10.6 Groupe Renault (France)

10.6.1 Company Overview

10.6.2 Applications/Services Offering

10.6.3 Financial Overview

10.6.4 Key Developments

10.6.5 Strategy

10.6.6 SWOT Analysis

10.7 Tata Motors Limited (India)

10.7.1 Company Overview

10.7.2 Applications/Services Offering

10.7.3 Financial Overview

10.7.4 Key Developments

10.7.5 Strategy

10.7.6 SWOT Analysis

10.8 Hyundai Motor Company (South Korea)

10.8.1 Company Overview

10.8.2 Applications/Services Offering

10.8.3 Financial Overview

10.8.4 Key Developments

10.8.5 Strategy

10.8.6 SWOT Analysis

10.9 Volkswagen AG (Germany)

10.9.1 Company Overview

10.9.2 Applications/Services Offering

10.9.3 Financial Overview

10.9.4 Key Developments

10.9.5 Strategy

10.9.6 SWOT Analysis

10.10 Volvo (Sweden)

10.10.1 Company Overview

10.10.2 Applications/Services Offering

10.10.3 Financial Overview

10.10.4 Key Developments

10.10.5 Strategy

10.10.6 SWOT Analysis


List of Tables

Table 1 Global Four-Wheel Drive Vehicles Market: By Region, 2017-2023

Table 2 North America Four-Wheel Drive Vehicles Market: By Country, 2017-2023

Table 3 Europe Four-Wheel Drive Vehicles Market: By Country, 2017-2023

Table 4 Asia Pacific Four-Wheel Drive Vehicles Market: By Country, 2017-2023

Table 5 RoW Four-Wheel Drive Vehicles Market: By Country, 2017-2023

Table 6 Global Four-Wheel Drive Vehicles Market, by Product Type, By Regions, 2017-2023

Table 7 North America Four-Wheel Drive Vehicles Market, by Product Type, By Country, 2017-2023

Table 8 Europe Four-Wheel Drive Vehicles Market, by Resin Product Type, By Country, 2017-2023

Table 9 Asia Pacific Four-Wheel Drive Vehicles Market, by Product Type, By Country, 2017-2023

Table 10 RoW Four-Wheel Drive Vehicles Market, by Product Type, By Country, 2017-2023

Table 11 Global Four-Wheel Drive Vehicles Market, by Application: By Regions, 2017-2023

Table 12 North America Four-Wheel Drive Vehicles Market, by Application: By Country, 2017-2023

Table 13 Europe Four-Wheel Drive Vehicles Market, by Application: By Country, 2017-2023

Table 14 Asia Pacific Four-Wheel Drive Vehicles Market, by Application: By Country, 2017-2023

Table 15 RoW Four-Wheel Drive Vehicles Market, by Application: By Country, 2017-2023

Table 16 Global Four-Wheel Drive Vehicles Market, by End-Use, By Regions, 2017-2023

Table 17 North America Four-Wheel Drive Vehicles Market, by End-Use, By Country, 2017-2023

Table 18 Europe Four-Wheel Drive Vehicles Market, by End-Use, By Country, 2017-2023

Table 19 Asia Pacific Four-Wheel Drive Vehicles Market, by End-Use, By Country, 2017-2023

Table 20 RoW Four-Wheel Drive Vehicles Market, by End-Use, By Country, 2017-2023

Table 21 Global Four-Wheel Drive Vehicles Market: By Region, 2017-2023

Table 22 Global Four-Wheel Drive Vehicles Market: By Region, 2017-2023

Table 23 Global Four-Wheel Drive Vehicles Market: By Region, 2017-2023

Table 24 North America Four-Wheel Drive Vehicles Market, By Country

Table 25 North America Four-Wheel Drive Vehicles Market, by Product Type

Table 26 North America Four-Wheel Drive Vehicles Market, by Application

Table 27 North America Four-Wheel Drive Vehicles Market, By End-Use

Table 29 Europe: Four-Wheel Drive Vehicles Market, By Country

Table 30 Europe: Four-Wheel Drive Vehicles Market, by Product Type

Table 31 Europe: Four-Wheel Drive Vehicles Market, by Application

Table 32 Europe: Four-Wheel Drive Vehicles Market, By End-Use

Table 34 Asia-Pacific: Four-Wheel Drive Vehicles Market, By Country

Table 35 Asia-Pacific: Four-Wheel Drive Vehicles Market, by Product Type

Table 36 Asia-Pacific: Four-Wheel Drive Vehicles Market, by Application

Table 37 Asia-Pacific: Four-Wheel Drive Vehicles Market, By End-Use

Table 39 RoW: Four-Wheel Drive Vehicles Market, By Region

Table 40 RoW Four-Wheel Drive Vehicles Market, by Product Type

Table 41 RoW Four-Wheel Drive Vehicles Market, by Application

Table 42 RoW Four-Wheel Drive Vehicles Market, By End-Use





List of Figures

FIGURE 1 RESEARCH PROCESS OF MRFR

FIGURE 2 TOP DOWN & BOTTOM UP APPROACH

FIGURE 3 MARKET DYNAMICS

FIGURE 4 IMPACT ANALYSIS: MARKET DRIVERS

FIGURE 5 IMPACT ANALYSIS: MARKET RESTRAINTS

FIGURE 6 PORTER’S FIVE FORCES ANALYSIS

FIGURE 7 VALUE CHAIN ANALYSIS

FIGURE 8 GLOBAL FOUR-WHEEL DRIVE VEHICLES MARKETSHARE, BY PRODUCT TYPE, 2016 (%)

FIGURE 9 GLOBAL FOUR-WHEEL DRIVE VEHICLES MARKET, BY PRODUCT TYPE, 2015-2023 (USD MILLION)

FIGURE 10 GLOBAL FOUR-WHEEL DRIVE VEHICLES MARKETSHARE, BY END-USE, 2016 (%)

FIGURE 11 GLOBAL FOUR-WHEEL DRIVE VEHICLES MARKET, BY END-USE, 2015-2023 (USD MILLION)

FIGURE 12 GLOBAL FOUR-WHEEL DRIVE VEHICLES MARKETSHARE (%), BY REGION, 2016

FIGURE 13 GLOBAL FOUR-WHEEL DRIVE VEHICLES MARKET, BY REGION, 2015-2023 (USD MILLION)

FIGURE 14 NORTH AMERICA FOUR-WHEEL DRIVE VEHICLES MARKETSHARE (%), 2016

FIGURE 15 NORTH AMERICA FOUR-WHEEL DRIVE VEHICLES MARKETBY COUNTRY, 2015-2023 (USD MILLION)

FIGURE 16 EUROPE FOUR-WHEEL DRIVE VEHICLES MARKETSHARE (%), 2016

FIGURE 17 EUROPE FOUR-WHEEL DRIVE VEHICLES MARKETBY COUNTRY, 2015-2023 (USD MILLION)

FIGURE 18 ASIA PACIFIC FOUR-WHEEL DRIVE VEHICLES MARKETSHARE (%), 2016

FIGURE 19 ASIA PACIFIC FOUR-WHEEL DRIVE VEHICLES MARKETBY COUNTRY, 2015-2023 (USD MILLION)

FIGURE 20 REST OF THE WORLD FOUR-WHEEL DRIVE VEHICLES MARKET SHARE (%), 2016

FIGURE 21 REST OF THE WORLD FOUR-WHEEL DRIVE VEHICLES MARKETBY COUNTRY, 2015-2023 (USD MILLION)