Global Automotive Transmission System Market, By Transmission Type (Manual Transmission, Automatic T

Published Date: | Report Code : AT1923746

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The automotive transmission system market growth is expected to gain high momentum during the forecast period due to comfortable driving experience in cities with increasing traffic.

A car moves due to the torque transmitted by the engine to the wheels. Thus, for this purpose, a transmission system is required to efficiently and effectively transmit torque. The transmission varies in speed, torque, and direction by changing the transmission ratios and enables the car to start with high torque. An automatic transmission is a gearbox that does not need manual switching. It can be used in any vehicle or machine in which there is a need to transfer the torque from one component to another at varying speeds.

The growing automobile industry is one of the main reasons for the growth of the automotive transmission systems market. The automobile industry is booming in the Asia Pacific region due to the high population and increase in disposable income. The demand for automotive transmission systems in developed countries like the USA, Germany, England, etc. is growing due to the government initiatives taken to reduce fuel consumption and maintain high safety standards.

One of the major factors leading to the need for automatic transmission systems over manual transmission systems is the ease and comfort of commuting.

However, automatic transmission systems have a high cost of installation.

Key Factors Impacting Market Growth:

  • Lightweight and fuel-efficient
  • Comfortable driving experience in cities with increasing traffic
  • Increasing demand for electric vehicles giving rise to the need for electric or automated transmission systems

Regional Analysis: 

By region, North America, Western Europe, and Asia Pacific are estimated to dominate the automotive transmission system market in terms of market demand. North America and Western Europe have been traditional markets for the automotive sector with many global manufacturers headquartered in this region. The automotive sector in these regions has been dynamic in terms of technological developments and product modifications. The demand for lightweight materials, cleaner emissions, and green fuels have been some of the key influencing factors in this region. Also, the market has witnessed steady recovery from recent slowdowns in the past decades. Some of these factors are expected to impact the dynamics of the automotive transmission system market in North America and Western Europe during the forecast period. The US, Germany, France, Italy, UK, and Spain have been some of the major economies for the automotive transmission system market in the region. 

Asia Pacific is estimated to be the fastest-growing region for the automotive transmission system market during the forecast period. This region has been one of the lucrative markets for the automotive sector in the past few decades with strategic investments by global companies in the region. China, Japan, India, and South Korea have been some of the major countries for the automotive transmission system market in the Asia Pacific region. The Middle East promises a strong market potential with the growth of the automotive sector in the region. Countries including UAE, Saudi Arabia, Qatar, and Iran have been diversifying the industrial sector to boost the economy in the past few decades. Other regions including Eastern Europe, South America, and Africa are estimated to emerging markets with growing demand during the forecast period.

Companies Covered: 

ZF Friedrichshafen AG, Magna Internation Inc., BorgWarner Inc.,   Schaeffler AG, GKN PLC, Jatco Ltd., Eaton Corporation, Allison Transmission Inc., Hyundai Dymos, and Aisin Seiki…

Market Segmentation:

By Transmission Type:

  • Manual Transmission
  • Automatic Transmission (CVT, DCT, AMT)

By Vehicle Type:

  • Passenger (2-wheelers, 4-wheelers, etc.)
  • Commercial (Heavy CV, Light CV, Buses, and Coaches)
  • Electric
  • Defense
  • Construction
  • Farm Tractors
  • Others

By Fuel Type:

  • Diesel
  • Petrol

By Number of Forward Gears:

  • Less than 5
  • 5-6
  • 7-8
  • 9-10
  • Above 10

By Region:

  • North America
    • By Country (US, Canada, Mexico)
    • By Transmission Type
    • By Vehicle Type
    • By Fuel Type
    • By Number of Forward Gears
  • Eastern Europe:
    • By Country (Russia, Turkey, Rest of Eastern Europe)
    • By Transmission Type
    • By Vehicle Type
    • By Fuel Type
    • By Number of Forward Gears
  • Western Europe:
    • By Country (Germany, UK, France, Spain, Italy, Rest of Western Europe)
    • By Transmission Type
    • By Vehicle Type
    • By Fuel Type
    • By Number of Forward Gears
  • Middle East:
    • By Country (UAE, Qatar, Iran, Saudi Arabia, Rest of Middle East)
    • By Transmission Type
    • By Vehicle Type
    • By Fuel Type
    • By Number of Forward Gears
  • Asia Pacific
    • By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)
    • By Transmission Type
    • By Vehicle Type
    • By Fuel Type
    • By Number of Forward Gears
  • Rest of the World
    • By Region (South America, Africa)
    • By Transmission Type
    • By Vehicle Type
    • By Fuel Type
    • By Number of Forward Gears

Reasons To Buy This Report:

  • Market size estimation of the global automotive transmission systems market on a regional and global basis
  • The unique research design for market size estimation and forecast
  • Profiling of major companies operating in the market with key developments
  • Broad scope to cover all the possible segments helping every stakeholder in the market

Customization:

We provide customization of the study to meet specific requirements:

  • By Segment
  • By Sub-segment
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