Trends, opportunities and forecast in automotive transmission market to 2024 by vehicle type (Compact Cars, Mid-Size Cars, Luxury Cars, SUVs, LCV, HCV, Electric Vehicles), transmission type (Automatic and Manual), engine type (IC Engine and Electric Vehicle) and region (North America, Europe, Asia Pacific, and the Rest of the World)
The future of the global automotive transmission market looks promising with opportunities in the passenger car, light commercial vehicle, and electric vehicle markets. The global automotive transmission market is expected to reach an estimated $526.1 billion by 2024 with a CAGR of 13.4% from 2019 to 2024. The major drivers for this market are increasing vehicle production and growing demand for lightweight transmission systems to enhance the driving experience.
Emerging trends, which have a direct impact on the dynamics of the automotive transmission industry, include the introduction of more efficient automatic transmission and increasing demand for hybrid and dual clutch transmission.
Automotive Transmission Market by vehicle
Automotive Transmission market
Automotive Transmission manufacturers
The study includes the automotive transmission market size and forecast for the global automotive transmission market through 2024, segmented by vehicle type, transmission type, engine type, and region as follows:
Automotive Transmission Market by Transmission Type [$B shipment analysis for 2013 – 2024]: Automatic Manual
Automotive Transmission Market by Vehicle Type [$B shipment analysis for 2013 – 2024]: Passenger Car Compact Cars Mid-Size Cars Luxury Cars SUVs LCV HCV Electric Vehicles
Automotive Transmission Market by Engine Type [$B shipment analysis for 2013 – 2024]: IC Engine Electric Vehicles
Automotive Transmission Market by Region [$B shipment analysis for 2013 – 2024]: North America US Canada Mexico Europe Germany United Kingdom France Russia Asia Pacific China Japan India South Korea Indonesia Rest of the World Brazil Argentina Aisin Seiki, Robert Bosch, ZF Friedrichshafen, Continental, Magna, Eaton Corporation, GKN, Jatco, Borg Warner, Schaeffler are the major manufacturers of automotive transmission.
On the basis of its comprehensive research, The analyst forecasts that the automatic transmission will remain the largest segment and it also expected to witness the highest growth over the forecast period. Shifting consumer interest from manual to automatic transmission is the most disruptive trend due to ease of operation and low maintenance cost which is driving the automatic transmission market.
Within the global automotive transmission market, passenger cars will remain the largest segment due to increasing demand for compact, mid size, and luxury cars. Electric vehicle is expected to witness the highest growth over the forecast period due to government initiatives to promote the electric vehicles and increasing adoption of e-CVT (electric continuously variable transmission) system.
Asia Pacific will remain the largest region due to high vehicle production and increasing adoption of automatic transmission in mid size and compact cars. Europe is expected to witness highest growth over the forecast period because of rapidly increasing demand for automatic transmissions in small, compact, and mid-size cars.
Some of the features of “Automotive Transmission Market Report: Trends, Forecast and Competitive Analysis” include: Market size estimates: Global automotive transmission market size estimation in terms of value ($B) shipment. Trend and forecast analysis: Market trend (2013-2018) and forecast (2019-2024) by end use and use industry. Segmentation analysis: Global automotive transmission market size by vehicle, transmission, and engine in terms of value and volume shipment. Regional analysis: Global automotive transmission market breakdown by key regions such as North America, Europe, and Asia & Rest of World. Growth opportunities: Analysis on growth opportunities in different applications and regions in the global automotive transmission market. Strategic analysis: This includes M&A, new product development, and competitive landscape in the automotive transmission market. Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
This report answers following 11 key questions: Q.1. What are some of the most promising, high-growth opportunities for the automotive transmission market by vehicle type (Compact Cars, Mid-Size Cars, Luxury Cars, SUVs, LCV, HCV, Electric Vehicles), transmission type (Automatic and Manual), engine type (IC Engine and Electric Vehicle) and region (North America, Europe, Asia Pacific, and the Rest of the World)? Q.2. Which segments will grow at a faster pace and why? Q.3. Which region will grow at a faster pace and why? Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this automotive transmission market? Q.5. What are the business risks and competitive threats in this automotive transmission market? Q.6. What are the emerging trends in this automotive transmission market and the reasons behind them? Q.7. What are some of the changing demands of customers in the market? Q.8. What are the new developments in the automotive transmission market? Which companies are leading these developments? Q.9. Who are the major players in this automotive transmission market? What strategic initiatives are key players pursuing for business growth? Q.10. What are some of the competing products in this automotive transmission market and how big of a threat do they pose for loss of market share by material or product substitution? Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the automotive transmission industry?
Our reports have been used by over 10K customers, including:
The Asia Pacific AI Chip market accounted for US$ 1.03 Bn in 2018 and is expected to grow at a CAGR of 40.9% over the forecast period 2019–2027, to account for US$ 22.27 Bn in 2027. The increase in digitalization, presence of the huge amount of data, and significant adoption of advanced technologies by various industries are the key drivers...
246 pages •
By Global Industry Analysts
• May 2019
This report analyzes the worldwide markets for Automotive Transmission Systems in Number of Units Factory Fitted in Light Vehicles in Thousand Units by the following Segments: Manual Transmissions, Automatic Transmissions, Automated Manual Transmissions, Continuously Variable Transmissions, Dual Clutch Transmission (DCT), and Other...
Executive Summary A comprehensive research report created through extensive primary research (inputs from industry experts, companies, stakeholders) and secondary research, the report aims to present the analysis of Global Automotive Sensors Market. The report analyzes the Global Automotive Sensors Market By Vehicle Type...
Diesel to Continue Decline, E-Mobility and 48V to Boom, and Cleaner Gasoline Engine Technologies to Surface This research service provides an in-depth analysis of powertrain technology and strategic imperatives of upcoming diesel/gasoline technology, technology roadmaps, and technology advancement.The study will highlight...
The Global Automotive Powertrain Market is poised to grow strong during the forecast period 2017 to 2027. Some of the prominent trends that the market witnessing the stringent emission norms, increasing integration of engine and increasing in integrating engine management sensors. Based on Component Type, the...
KEY FINDINGS Driven by the recent boom in the automotive industry, and the emergence of electric and semi-autonomous vehicles, the global automotive head-up display (HUD) market is anticipated to exhibit a CAGR of 21.74% CAGR during the forecast period of 2019-2027 to capture a revenue of $5.54 billion by 2027. MARKET...
For the automotive sector, night vision system is of little value and seems like “chicken ribs” – tasteless when eaten but a pity to throw away. In function, night vision system is a special solution for automobiles now that it enables a vehicle to see an object more than 300m ahead at night (compared with a mere 80m...
131 pages •
By Infiniti Research Limited
• Jun 2019
Global Automotive Purge Valve Market: About this market A purge valve is a part of the evaporative emission control system in a vehicle, which allows fresh air to be drawn in through the canister (charcoal or carbon) to remove the harmful fuel vapor. This automotive purge valve market analysis considers sales from both...
The Europe automotive parts packaging market accounted for US$ 698.4 Mn in 2018 and is expected to grow at a CAGR of 3.8% over the forecast period 2019-2027, to account for US$ 968.7 Mn in 2027. The increase in vehicle production in Europe and the increase in the sales of aftermarket automotive parts are propelling the growth of the automotive...
The North America automotive parts packaging market accounted for US$ 414.7 Mn in 2018 and is expected to grow at a CAGR of 2.8% over the forecast period 2019-2027, to account for US$ 531.2 Mn in 2027. The rising demand for aftermarket automotive parts is the key driver that is propelling the growth of the automotive parts packaging market....
You can change your Cookie Settings at any time but parts of our site will not function correctly without them.