Product Code: SR112025A1150
The global automotive multi-wheel drive market size was valued at 17.4 Million Units in 2024. Looking forward, IMARC Group estimates the market to reach 24.6 Million Units by 2033, exhibiting a CAGR of 3.9% during 2025-2033. North America currently dominates the market, holding a significant market share of over 32.0% in 2024. The increasing participation in recreational activities, rising sales of SUVs, and the growing focus on driver safety represent some of the key factors driving the market.
Automotive multi-wheel drive (MWD), also known as all-wheel drive (AWD), is a drivetrain system that provides power to all four wheels of a vehicle simultaneously. It is designed to improve traction, stability, and handling on various types of terrain and numerous weather conditions. It comprises vehicles that have four or more than four wheels, such as sport utility vehicles (SUVs), trucks, commercial lorries, and luxury cars. It is also equipped with sensors that are installed on each wheel to monitor traction, speed, and several other data points. It is considered ideal for rough terrains like snow, ice, mud, off-road, and sand as it prevents slipping and helps push the vehicle forward. It also allows the engines to distribute the weight in a more efficient manner.
Market Trends:
The increasing use of automotive MWDs in pickup trucks for off-roading events and the rising participation in recreational activities and adventure sports represents one of the major factors bolstering the market growth around the world. Moreover, the growing usage of automotive MWDs in military vehicles that are designed to tackle rough terrain and provide superior traction and stability in challenging environments is influencing the market positively. In addition, there is an increase in the sales of SUVs on account of rapid urbanization and inflating income levels. This, coupled with a rising focus on driver and passenger safety due to the growing instances of fatal road accidents, is driving the demand for automotive MWD in these vehicles. Apart from this, the increasing adoption of automotive MWDs in all terrain vehicles (ATVs) to improve fuel efficiency by reducing energy waste using advanced technologies, such as regenerative braking and hybrid powertrains, is favoring the growth of the market. Furthermore, the rising awareness about the benefits of using automotive MWDs, such as better weight management, safety and traction, and increased control and grip under all road conditions, is propelling the growth of the market. Besides this, the advent of automotive MWDs that are incorporated with an electronic control unit (ECU) to provide the desired driving characteristics is strengthening the growth of the market. Additionally, the growing consumer preferences towards comfort and luxury driving with enhanced driving dynamics are creating a positive outlook for the market.
Key Market Segmentation:
Vehicle Type Insights:
- Passenger Cars
- Light Commercial Vehicles
- Heavy Commercial Vehicles
Transmission Type Insights:
Wheel Drive Type Insights:
- Front-wheel Drive (FWD)
- Rear-wheel Drive (RWD)
- Four-wheel Drive (4WD)/All-wheel Drive (AWD)
Regional Insights:
- North America
- Asia Pacific
- Europe
- Latin America
- Middle East and Africa
- The report has also provided a comprehensive analysis of all the major regional markets, which include Asia Pacific, North America, Europe, the Middle East and Africa, and Latin America. According to the report, North America was the largest market for automotive multi-wheel drive. Some of the factors driving the North America automotive multi-wheel drive market included significant improvements in automotive infrastructure, product innovations, integration of advanced technologies, etc.
Competitive Landscape:
- The report has also provided a comprehensive analysis of the competitive landscape in the global automotive multi-wheel drive market. Competitive analysis such as market structure, market share by key players, player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided. Some of the companies covered include Borg Warner Inc, Continental AG, ZF Friedrichshafen AG, JTEKT Corporation, Magna International Inc., American Axle & Manufacturing Inc., Eaton Corporation Inc., GKN Plc, Dana Incorporated, Oerlikon Group, Mitsubishi Motors Corporation., etc.
Key Questions Answered in This Report
- 1.What is automotive multi-wheel drive?
- 2.How big is the global automotive multi-wheel drive market?
- 3.What is the expected growth rate of the global automotive multi-wheel drive market during 2025-2033?
- 4.What are the key factors driving the global automotive multi-wheel drive market?
- 5.What is the leading segment of the global automotive multi-wheel drive market based on the vehicle type?
- 6.What is the leading segment of the global automotive multi-wheel drive market based on transmission type?
- 7.What is the leading segment of the global automotive multi-wheel drive market based on wheel drive type?
- 8.What are the key regions in the global automotive multi-wheel drive market?
- 9.Who are the key players/companies in the global automotive multi-wheel drive market?
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Automotive Multi Wheel Drive Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Breakup by Vehicle Type
- 5.5 Market Breakup by Transmission Type
- 5.6 Market Breakup by Wheel Drive Type
- 5.7 Market Breakup by Region
- 5.8 Market Forecast
6 Market Breakup by Vehicle Type
- 6.1 Passenger Cars
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Light Commercial Vehicles
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
- 6.3 Heavy Commercial Vehicles
- 6.3.1 Market Trends
- 6.3.2 Market Forecast
7 Market Breakup by Transmission Type
- 7.1 Manual MWD
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Automatic MWD
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
8 Market Breakup by Wheel Drive Type
- 8.1 Front-wheel Drive (FWD)
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Rear-wheel Drive (RWD)
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
- 8.3 Four-wheel Drive (4WD)/All-wheel Drive (AWD)
- 8.3.1 Market Trends
- 8.3.2 Market Forecast
9 Market Breakup by Region
- 9.1 Asia Pacific
- 9.1.1 Market Trends
- 9.1.2 Market Forecast
- 9.2 North America
- 9.2.1 Market Trends
- 9.2.2 Market Forecast
- 9.3 Europe
- 9.3.1 Market Trends
- 9.3.2 Market Forecast
- 9.4 Middle East and Africa
- 9.4.1 Market Trends
- 9.4.2 Market Forecast
- 9.5 Latin America
- 9.5.1 Market Trends
- 9.5.2 Market Forecast
10 Global Automotive Multi Wheel Drive Industry: SWOT Analysis
- 10.1 Overview
- 10.2 Strengths
- 10.3 Weaknesses
- 10.4 Opportunities
- 10.5 Threats
11 Global Automotive Multi Wheel Drive Industry: Value Chain Analysis
- 11.1 Overview
- 11.2 Research and Development
- 11.3 Raw Material Procurement
- 11.4 Manufacturing
- 11.5 Marketing
- 11.6 Distribution
- 11.7 End-Use
12 Global Automotive Multi Wheel Drive Industry: Porters Five Forces Analysis
- 12.1 Overview
- 12.2 Bargaining Power of Buyers
- 12.3 Bargaining Power of Suppliers
- 12.4 Degree of Competition
- 12.5 Threat of New Entrants
- 12.6 Threat of Substitutes
13 Global Automotive Multi Wheel Drive Industry: Price Analysis
- 13.1 Price Indicators
- 13.2 Price Structure
- 13.3 Margin Analysis
14 Competitive Landscape
- 14.1 Market Structure
- 14.2 Key Players
- 14.3 Profiles of Key Players
- 14.3.1 Borg Warner Inc
- 14.3.2 Continental AG
- 14.3.3 ZF Friedrichshafen AG
- 14.3.4 JTEKT Corporation
- 14.3.5 Magna International Inc.
- 14.3.6 American Axle & Manufacturing Inc.
- 14.3.7 Eaton Corporation Inc.
- 14.3.8 GKN Plc
- 14.3.9 Dana Incorporated
- 14.3.10 Oerlikon Group
- 14.3.11 Mitsubishi Motors Corporation