Global Automotive Advanced Gear Shifter Systems Industry

Global Automotive Advanced Gear Shifter Systems Industry

  • April 2021 •
  • 373 pages •
  • Report ID: 5797774 •
  • Format: PDF
Abstract:
- Global Automotive Advanced Gear Shifter Systems Market to Reach $12.9 Billion by 2027
- Amid the COVID-19 crisis, the global market for Automotive Advanced Gear Shifter Systems estimated at US$11 Billion in the year 2020, is projected to reach a revised size of US$12.9 Billion by 2027, growing at aCAGR of 2.3% over the period 2020-2027. Automatic Shifter, one of the segments analyzed in the report, is projected to record 3.3% CAGR and reach US$4.9 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Shift-by-Wire segment is readjusted to a revised 1.7% CAGR for the next 7-year period.
- The U.S. Market is Estimated at $3 Billion, While China is Forecast to Grow at 4.5% CAGR
- The Automotive Advanced Gear Shifter Systems market in the U.S. is estimated at US$3 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$2.6 Billion by the year 2027 trailing a CAGR of 4.5% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 0.4% and 1.7% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 1% CAGR.

- Select Competitors (Total 43 Featured) -
  • ATSUMITEC Co., Ltd.
  • Delta Kogyo Co., Ltd.
  • DURA Automotive Systems
  • Eissmann Automotive Deutschland GmbH
  • Ficosa International SA
  • Fujikiko Co., Ltd.
  • Ghsp, Inc.
  • Kongsberg Automotive ASA
  • Kuster Holding GmbH
  • Leopold Kostal GmbH & Co. KG
  • M&T Allied Technologies Co., Ltd.
  • Orscheln Products LLC
  • Silatech S.r.l
  • Stoneridge, Inc.
  • ZF Friedrichshafen AG