Learn about the Automotive Transmission Market growth and developments.
Automotive Transmission Market Growth is driven by increasing vehicle production, rising demand for fuel-efficient technologies, and advancements in automatic and CVT systems. Growing adoption of electric and hybrid vehicles further accelerates market expansion.
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Discover how we define the Automotive Transmission Market scope and research approach.
Automotive Transmission Market Growth research provides a deep dive into the key factors fueling industry expansion while addressing potential challenges that could shape its trajectory. This comprehensive study equips stakeholders with valuable insights into market dynamics, competitive strategies, and emerging trends. It highlights the product offerings of leading companies, evaluates investment opportunities, and presents a well-rounded analysis of both qualitative and quantitative aspects. With a keen focus on competition, technological advancements, and evolving consumer demands, the report serves as a strategic guide for businesses looking to navigate and capitalize on this dynamic market.
Estimated Growth Rate for Automotive Transmission Market.
The 2023 valuation of the automotive transmission market was USD 59.92 billion. The global automotive transmission market is expected to expand at a compound annual growth rate (CAGR) of 6.87 percent during the projected period.
Uncover the regional opportunities and challenges in the Automotive Transmission Market.
This study includes a comprehensive analysis of all pertinent data, including market size, growth rate, and import and export by region. The research’s geographic analysis makes it possible to comprehend the Automotive Transmission market situations in various nations. The Automotive Transmission market is made up of the markets in North America, Europe, Asia Pacific, Latin America, Africa, and the Middle East.
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Automotive Transmission Market segmentation :
by Transmission Type
Automatic Transmission
Manual Transmission
Automated Manual Transmission
Continuously variable transmission
Dual Clutch Transmission
With the largest compound annual growth rate (CAGR) for the forecast period, the Automatic Transmission sector is leading the market. The requirement for fuel-efficient transmission systems and the removal of the driver's behavioral influence on the vehicle (ATs) are driving the need for automated manual transmissions (AMTs) and automatic transmissions. As automated driving systems progressively replace mechanical ones, advanced transmission technologies have a big chance to grow their market share. Automatic transmission systems use a fluid connection system between the clutch and engine. Like a manual transmission system, it makes use of the same gearbox.
by Number Of Forwarding Gears
Less Than 5
5-6
7-8
9-10
Above 10
CVT
by Vehicle Type
PCs
LCVs
Trucks
Buses
With the largest CAGR during the forecast period, the passenger car category is leading the market. The fluctuating price of gasoline and the condition of the transportation infrastructure have an impact on the demand for passenger cars. Furthermore, the evolution of transmission technology in the passenger car market—from 4-speed automatic transmissions to 8-speed and 9-speed automatic transmissions—has improved the overall comfort, enjoyment of driving, and fuel efficiency of these vehicles, all of which have contributed to the sector's growth.
by Hybrid Vehicle
PHEV
HEV
by Fuel Type
Diesel
Gasoline
With the highest compound annual growth rate (CAGR) over the forecast period, the gasoline segment is leading the market. Vehicles that run on gasoline meet all emission limits, and their engines are more efficient and emit less gas than their diesel counterparts. The rising demand for gasoline in nations like China, India, and the United States is expected to fuel the division's growth over the forecast period.
by Two-Wheeler Transmission Type
Manual
Automatic
Table of Content: Automotive Transmission Market
Part 01: Executive Summary
Part 02: Scope of the Automotive Transmission Market Report
Part 03: Global Automotive Transmission Market Landscape
Part 04: Global Automotive Transmission Market Sizing
Part 05: Global Automotive Transmission Market Segmentation by Type
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
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Learn about the top players driving innovation in the Automotive Transmission Market :
1. ZF Friedrichshafen AG
2. Continental AG
3. Allison Transmission
4. Magana International Inc.
5. Eaton Corporation
6. Borg Warner
7. Aisin Seiki
8. JATCO
9. Schaeffler AG
10. Hyundai Dymos
11. Bonfiglioli RIDUTTORI S.P.A.
12. Magneti Marelli S.P.A.
13. Aichi Machine Industry Co. Ltd
14. Vitesco Technologies
15. GKN Automotive
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