Automotive Transmission Market to Reach USD 59.92 Billion in 2023, Growing at 6.87% CAGR
Automotive Transmission Market Overview:
Maximize Market Research, a Automotive Transmission business research firm has published a report on the Automotive Transmission Market. Which provides Industry Analysis (Market Performance, Segments, Price Analysis, and Outlook).
Estimated Growth Rate for Automotive Transmission Market:
Automotive Transmission Market was valued at USD 59.92 Bn in 2023. The Global Automotive Transmission Market size is estimated to grow at a CAGR of 6.87 % over the forecast period.
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Automotive Transmission Market Report Scope and Research Methodology:
The scope of the Automotive Transmission market analysis encompasses diverse factors, including geographical regions, industry segments, traveller types, and travel service offerings. Research methodologies integrate primary and secondary data collection, employing surveys, interviews, and analysis of industry reports and databases. Assessing the Automotive Transmission market scope involves examining the volume and value of business travel transactions, covering expenditures on transportation, accommodation, dining, and ancillary services. Methodologies aim to identify key trends, challenges, and opportunities influencing the market landscape. This comprehensive approach provides valuable insights for strategic decision-making, aiding businesses in navigating the complexities of the Automotive Transmission sector and capitalizing on growth prospects.
Automotive Transmission Market Regional Insights:
Improved dependability and increasing demand drive growth in the Automotive Transmission Market, particularly in North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa. Geographical observations help investors identify opportunities, with regional evaluations highlighting crucial strategies like mergers and acquisitions. Understanding regional dynamics enables stakeholders to tailor their approaches, leveraging growth prospects and addressing specific Automotive Transmission market needs. This insight is vital for informed decision-making and strategic planning across diverse geographic landscapes.
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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
Throughout the projected period, the gasoline category is leading the market with the highest compound annual growth rate. Gasoline automobiles largely meet all emission regulations. They are more efficient and emit less gas than their diesel counterparts. Compared to their diesel equivalents, gas engines are more organized and emit less gas. The division is anticipated to expand over the forecast period because to the growing demand for gasoline in nations such as the United States, China, and India.
by Two-Wheeler Transmission Type
Manual
Automatic
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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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Automotive Transmission Market Key Players:
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
Key questions answered in the Automotive Transmission Market are:
- Who are the leading companies and what are their portfolios in Automotive Transmission Market?
- What segments are covered in the Automotive Transmission Market?
- Who are the key players in the Automotive Transmission market?
- What is Automotive Transmission?
- What was the Automotive Transmission market size in 2023?
- What is the growth rate of the Automotive Transmission Market?
- Which are the factors expected to drive the Automotive Transmission market growth?
- What are the different segments of the Automotive Transmission Market?
- What growth strategies are the players considering to increase their presence in Automotive Transmission?
- What are the upcoming industry applications and trends for the Automotive Transmission Market?
- What are the recent industry trends that can be implemented to generate additional revenue streams for the Automotive Transmission Market?
- What segments are covered in the Automotive Transmission Market?
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Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2023)
- Past Pricing and price curve by region (2018 to 2023)
- Market Size, Share, Size & Forecast by different segment | 2024−2030
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
- Market Segmentation – A detailed analysis by segment with their sub-segments and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of Business by Region
- Lucrative business opportunities with SWOT analysis
- Recommendations
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