Powertrain Market to Expand as Automakers Invest in Next-Generation...

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2026-10-28 14:36:02

Powertrain Market to Expand as Automakers Invest in Next-Generation Electric and Hybrid Technologies

Powertrain Market: Electrification and Hybrid Innovation Reshape the Automotive Industry Market Estimation, Growth Drivers, and Opportunities The global Powertrain Market was valued at USD 959.88 billion in 2025 and is expected to grow at a compound annual growth rate (CAGR) of 13.2% from 2026 to 2034, reaching nearly USD 2,929.78 billion by 2034. The market is benefiting from automotive...

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