SummaryGlobal All-Wheel Drive Market Report: Information by Type (Manual AWD and Automatic AWD), Propulsion (ICE vehicle and Electric), Application (On-Road and Off-Road), Vehicle Type (Passenger Vehicle and Commercial Vehicle) and Region – Forecast till 2023Market OverviewGlobal all-wheel-drive market is expected to grow at a significant rate of 7.83 percent CAGR.

There are various factors contributing to the growth of this market-led by the growing interest among investors.

At the same time, the product development rate has grown in a noteworthy fashion as well in the forecasted years.

Adoption of AWD system in the automobile sector specifically is expected to be the most promising.

Superior driving dynamics is one of the prime reasons behind the AWD market around the globe.

All these aspects in combining widen the scope for the significant boost of the global AWD market.Companies CoveredThe key players operating in the global all-wheel drive Market are American Axle Manufacturing, Inc. (US), GKN PLC (UK), Magna International Inc. (Canada), ZF Friedrichshafen AG (Germany), BorgWarner Inc. (US), Continental AG (Germany), JTEKT Corporation (Japan), Dana Limited (US), Eaton (Ireland), and Oerlikon (Italy).Segment AnalysisThe global all-wheel-drive market can be segmented on the basis of type, propulsion, application, vehicle type, and region.