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Powertrains are one of the most essential components of any vehicle, irrespective of size, because it generates power and gives it the ability to move. The powertrain system includes drive shafts, differentials, engine, transmission, and final drive, and is present in all types of vehicles: light commercial vehicles, heavy commercial vehicles, construction equipment, farm tractors, cars, infantry carrier vehicles, off-road vehicles, and defense vehicles. The global powertrain market is fueled by stringent government norms pertaining to emission levels, fuel efficiency, and vehicular weight, growing demand for environment-friendly vehicles, and availability of technologically advanced powertrain systems. Developing a powertrain system that works on alternative fuel, is noise-free and environmentally-friendly, and has the advantages of a hybrid vehicle presents massive opportunities for players in this market. According to a report by Transparency Market Research, the...