07 May 2021
Automotive powertrains are gaining wide importance and experiencing high demand owing to the growing need for comfort, safety and performance. The imposition of various government guidelines regarding environmental protection is boosting the demand of automotive powertrains. The manufacturers are adopting business strategies such as sales contracts, strategic alliances, acquiring technical expertise, product approvals, patents and events, joint ventures, partnership agreements, collaborations, digital marketing, mergers and acquisitions, capacity utilisations, technological advancements etc. to lead the global market for Automotive Powertrain.
The powertrains have contributed massively in delivering goods and services and supporting the small scale businesses. The society is in need of powertrains which put very little strain on residents and the environment and residents. Bosch launched its eCityTruck powertrain solutions to enable low noise driving experience along with zero environmental emissions. eCityTruck powertrain solutions is an economical, compact and efficient electrified powertrain that manages to cover a range of 200 kilometers.
Companies are making efforts to launch powertrains that can go beyond the city limits and cover more distances. For instance, Bosch came out with eRegioTruck powertrain solutions to enable the medium and heavy duty truck to cover long distances. The efficient powertrain solutions can cover the radius of 250 kilometers and are very economical. They consist of an electric motor, inverter and vehicle control unit.
The demand for technologies with no impact on the environment and better fuel consumption are in demand all over the world. To solve this issue, Hitachi is developing innovative powertrain
solutions which utilize the outside world information and incorporate autonomous driving technologies. The company is collaborating with facilities that can offer increased engine efficiency and improve the overall outcome. In addition to this, Magna is coming out with Powertrains that ensure sustainability and reduced CO2 emissions by focusing increasingly on electrification, hybrid technology, and lightweight concepts.
Connecting the drive system with cloud based services for the entire life of the vehicle is one of the latest innovations. The process helps in the transferring of powertrain data from the connected vehicles. Bosch imbibed this feature in its powertrain solutions. Remote analysis makes it possible for the company to monitor and evaluate any defects and treat them in the early stages itself. The additional IoT applications eliminate the failures of individual components.
All the top manufacturers and key players in the automotive powertrains market are increasingly focusing on developing powertrain solutions that are very light in weight and solve the purpose too. Prominent players like Bosch, Mitsubishi Electric, Magna, Continental AG, and Hitachi are seen innovating with new and improved automotive powertrain components for the next-generation automotive vehicles with the help of various ground-breaking technologies.
Automotive Powertrain Market
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