Four-Wheel Drive Vehicles Industry Global Size, Share, Trends, And Regional Fore

Posted by Abhijeet Bendre on January 9th, 2019

Four-Wheel Drive Vehicles Market 2019 Global Industry Forecast to 2023 is latest Global Four-Wheel Drive Vehicles Industry research report published by “Market Research Future”. Four-Wheel Drive Vehicles Market 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.

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.  

Global Four-Wheel Drive Vehicles Market Highlights:

On the basis of application, the market has been segmented as HCV and Sports utility Velicles (SUVs). The boom in the sales of SUVs, globally is expected to drive the market for four-wheel drive systems for automotive. Their growing popularity and increase in use for personal purposes is driving the growth of the SUV segment in the global four-wheel drive vehicles market.

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.

For more information on this Four-Wheel Drive Vehicles Industry – Global Market Report @ https://www.marketresearchfuture.com/reports/four-wheel-drive-vehicles-market-5832

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