Global Automotive Transmission Market is Growing Due to the Increasing Demand of Smooth Gear Shifting and Improved Driving Experience

Automotive Transmission Market is estimated to grow at 10.0% for 2020-2027 with factors such as high cost of system along with volatility in the prices of raw material which will hinder the growth of the market in emerging economies.

Automotive transmission market has shown an exceptional penetration in developing economies in Asia-Pacific such as India, and China. Increasing production of large commercial vehicles and passenger cars which will likely to enhance the growth of the market.

Automotive Transmission Market Scenario

According to Data Bridge Market Research the automotive transmission market is attaining a significant growth in developing economies during the forecast period of 2020-2027 due to factors such as rising collaboration among the domestic manufacturers, increasing demand of smooth gear shifting and improved driving experience, growing preferences towards light weight transmission system which will help in driving the growth of the market.

Now the question is which are the other regions that automotive transmission market is targeting? Data Bridge Market Research has estimated a large growth in North America automotive transmission market in the forecast period of 2020-2027. The Data bridge market research new reports highlight the major growth factors and opportunities in the automotive transmission market.

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Automotive Transmission Market Development in 2020

  • In July 2020, Hyundai announced the launch of Intelligent Manual Transmission or iMT gearbox with the Venue SUV. The innovative and advanced system will offer drive clutch free while using the manual gearbox without even affecting the performance of the vehicle and maintaining the fuel level.

Scope of the Automotive Transmission Market

Automotive transmission market is segmented on the basis of countries into U.S., Canada, Mexico in North America, Brazil, Argentina, Rest of South America as a part of South America, Germany, France, U.K., Italy, Spain, Netherlands, Belgium, Russia, Turkey, Switzerland, Rest of Europe in Europe, China, Japan, India, Australia, Singapore, Thailand, Malaysia, South Korea, Indonesia, Philippines, Rest of Asia-Pacific (APAC) as a part of Asia-Pacific (APAC), U.A.E, Egypt, Saudi Arabia, South Africa, Israel,  Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).

  • All country based analysis of the automotive transmission market is further analyzed based on maximum granularity into further segmentation. On the basis of fuel type, the market is segmented into gasoline, and diesel. Based on engine type, the market is segmented into IC engine and electric vehicles. Based on number of forward gears, the market has been segmented into less than 5, 5 – 6, 7 – 8, 9 – 10, and above 10. On the basis of transmission type, the market has been segmented into manual transmission, automatic transmission, automated manual transmission, dual clutch transmission, and continuously variable transmission. On the basis of sales channel, the market has been segmented into OEM (original equipment manufacturer), and aftermarket. Based on vehicle type, the market has been segmented into passenger cars, large commercial vehicles, intermediate commercial vehicles, heavy commercial vehicles, off-road, construction, defence, and farm tractors.
  • Transmission system delivers smooth and comfortable driving by transmitting optimum power from engine to wheel through gearbox. The automatic transmission system can significantly influence the maneuverability and fuel efficiency of the vehicle depending on the electronic system used for the transmission and design of the transmission system.  

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Key Pointers Covered in the Automotive Transmission Market Industry Trends and Forecast to 2027

  • Market Size
  • Market New Sales Volumes
  • Market Replacement Sales Volumes
  • Market By Brands
  • Market Procedure Volumes
  • Market Product Price Analysis
  • Market Regulatory Framework and Changes
  • Market Shares in Different Regions
  • Recent Developments for Market Competitors
  • Market Upcoming Applications
  • Market Innovators Study

Key Market Competitors Covered in the report

  • Continental AG
  • ZF Friedrichshafen AG
  • Magna International Inc.
  • AISIN SEIKI Co., Ltd.
  • Eaton.
  • Schaeffler AG
  • BorgWarner Inc.
  • JATCO Ltd
  • Allison Transmission Inc
  • GKN Automotive Limited
  • General Motors
  • Hyundai Motor India.
  • Volkswagen
  • Xtrac Ltd
  • Honda Motor Co., Ltd
  • Fuji Electric Co., Ltd.
  • Marelli Europe S.p.A.
  • Bonfiglioli Transmissions Private Limited

Above are the key players covered in the report, to know about more and exhaustive list of automotive transmission companies contact us

Research Methodology: Global Automotive Transmission Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and estimated using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

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