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Global Four Wheel Drive Vehicle Market to Grow at a CAGR of 9% over the Period 2015-2019

ResearchMoz added Latest Research Report titled "Global Four Wheel Drive Vehicle market 2015-2019: World Market Research, Analysis, Shares, Size, Trends, Growth, Survey, Forecast" to it's Large Report database.


Albany, NY -- (SBWIRE) -- 01/06/2016 -- Market research analysts estimate four wheel drive (4WD) vehicle shipments to cross over 7 million, in terms of unit sales by 2019. The rising demand for sports utility vehicles (SUVs) fitted with MWD propels the growth of this market.

In the automotive market in China, SUVs are the fastest-growing vehicle segment. The growing demand for these vehicles among the emerging middle class drives the demand for 4WDs. As per this forecast, the market is predicted to witness increased adoption of 4WDs in hybrid vehicles until 2019. For instance, GKN Automotive is designing and developing advanced drivetrain technologies to support hybrid electric vehicles (EVs).

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Vehicles equipped with 4WDs are susceptible to high maintenance costs. The vehicle provides lower mileage compared to vehicles fitted with 2WD systems.

The utility of a 4WD vehicle is best realized when driven on rugged terrains. But their tires and brakes wear out quickly and therefore it necessitates periodic changes of differential fluids. If these vehicles are constantly driven in rough conditions, the span between general maintenance is further shortened.

In the current price-sensitive market, customers look for vehicles that give them maximum value for money. Hence, it has become difficult for manufacturers to shift this cost pressure onto customers. As per this market forecast, manufacturers are predicted to keep their margins low through 2019.

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Market segmentation of 4WDs by geography:


The global 4WD vehicle market is well diversified across all geographies, with the Americas holding the major share of the market currently. The market in the Americas is mainly based in core markets such as the US, Brazil, and Canada. The Americas ids followed by the APAC.

Key questions answered in this report:

What are the key factors driving the global 4WD market
What are the key market trends impacting the growth of the global 4WD market
What are the various opportunities and threats faced by the vendors in the global 4WD market
Trending factors influencing the market shares for the global 4WD market
Market shares for APAC, Americas, and Europe
Key outcome of the five forces analysis on the global 4WD market
Growth forecast of the global 4WD market

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