Four Wheel Drive Vehicle Market, Global Outlook and Forecast 2023-2029

An automotive 4WD system is typically used in off-road vehicles and involves the distribution of power and torque to all the four wheels. The system may be fitted as a full-time or an on-demand functionality. This distribution of power to all the four wheels helps in attaining better driving characteristics in low-traction conditions.
This report aims to provide a comprehensive presentation of the global market for Four Wheel Drive Vehicle, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Four Wheel Drive Vehicle. This report contains market size and forecasts of Four Wheel Drive Vehicle in global, including the following market information:
Global Four Wheel Drive Vehicle Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Four Wheel Drive Vehicle Market Sales, 2018-2023, 2024-2029, (K Units)
Global top five Four Wheel Drive Vehicle companies in 2022 (%)
The global Four Wheel Drive Vehicle market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The SUVs and crossover segment dominated the automotive 4WD vehicle market and accounted for a major part of the overall market share. The rising volume sales of these vehicles in the US, Canada, China, Indonesia, Malaysia, and India are the major factor driving the growth of this segment. The increasing availability of small-size or compact SUVs has significantly influenced the global demand for the 4wd vehicles. With rising demand for crossovers in developing countries, the SUVs and crossovers segment is expected to dominate the four wheel drive vehicle market for the next few years.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Four Wheel Drive Vehicle manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Four Wheel Drive Vehicle Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Four Wheel Drive Vehicle Market Segment Percentages, by Type, 2022 (%)
    Premium and Luxury Sedans
    Pickup Trucks
    SUVs and Crossovers
    Other
Global Four Wheel Drive Vehicle Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Four Wheel Drive Vehicle Market Segment Percentages, by Application, 2022 (%)
    Military
    Civilian
Global Four Wheel Drive Vehicle Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Four Wheel Drive Vehicle Market Segment Percentages, By Region and Country, 2022 (%)
    North America
        US
        Canada
        Mexico
    Europe
        Germany
        France
        U.K.
        Italy
        Russia
        Nordic Countries
        Benelux
        Rest of Europe
    Asia
        China
        Japan
        South Korea
        Southeast Asia
        India
        Rest of Asia
    South America
        Brazil
        Argentina
        Rest of South America
    Middle East & Africa
        Turkey
        Israel
        Saudi Arabia
        UAE
        Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Four Wheel Drive Vehicle revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Four Wheel Drive Vehicle revenues share in global market, 2022 (%)
Key companies Four Wheel Drive Vehicle sales in global market, 2018-2023 (Estimated), (K Units)
Key companies Four Wheel Drive Vehicle sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
    BorgWarner
    GKN
    Linamar
    Magna
    ZF Friedrichshafen
    American Axle & Manufacturing
    Dana
    Hitachi Automotive Systems
    JTEKT
Outline of Major Chapters:
Chapter 1: Introduces the definition of Four Wheel Drive Vehicle, market overview.
Chapter 2: Global Four Wheel Drive Vehicle market size in revenue and volume.
Chapter 3: Detailed analysis of Four Wheel Drive Vehicle manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Four Wheel Drive Vehicle in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Four Wheel Drive Vehicle capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.