Worldwide Automotive All Wheel Drive Market To Grow At A CAGR Of 7.46% During The Period 2016 To 2020

Date: 2016-09-18

Worldwide Automotive All Wheel Drive market to grow at a CAGR of 7.46% during the period 2016 to 2020. An AWD vehicle (short for All-wheel drive vehicle) is one with a power train capable of providing power to all its wheels, whether full-time or on-demand.

The most common forms of All Wheel Drive are:
4×4, also known as four-wheel drive and “4WD”, reflecting two axles with both wheels on each capable of being powered.
6×6, also known as six-wheel drive and “6WD”, reflecting three axles with both wheels on each capable of being powered
8×8, also known as eight-wheel drive and “8WD”, reflecting four axles with both wheels on each capable of being powered

The all-wheel drive systems have become popular in the luxury vehicle segment and many luxury cars sport these systems.  The demand for luxury vehicles has boomed in the emerging markets and is expected to continue to increase at the highest pace among all vehicle categories in the forecast period. However, one big constraint for the growth of the luxury automobile market and the AWD systems is the slowdown in the Chinese automobile market. The slowdown and stock market crash have affected the sales of luxury cars greatly. The prolonged slowdown will greatly affect the AWD market, as China is the largest single market for many of the luxury car brands.

Safety has become an extremely important consideration, on par with other aspects of the car. This factor will be the biggest driver of the AWD market. The popularity of these systems is clear from the fact that Subaru has manufactured 15 million cars equipped with these systems.  Due to the increasing sales of AWD equipped passenger cars, the growth of the passenger car sub-segment will be the highest and automatic AWD systems is expected grow at the fastest pace in this segment during the forecast period.


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Joanna | Executive – International Business and partner Relations
E-mail: | Tel: 1-510-400-8520

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