Automotive Transmission – Industry Trends and Forecast to 2029Market Size Report- Industry Growth Analysis
"An international Automotive Transmission Market research analysis brings together a vast market place clearly into the focus. By understanding client’s requirements precisely and following them firmly, this market report has been structured. The report discusses the recent and future market trends and performs analysis of the impact of buyers, substitutes, new entrants, competitors, and suppliers on the market. This business report also has reviews about key players, major collaborations, merger & acquisitions along with trending innovation and business policies. The world class Automotive Transmission Marketing report is generated by proper use of SWOT analysis and Porter’s Five Forces analysis methods.
The leading Automotive Transmission Market report provides statistics on the current state of the industry as a valuable source of guidance and direction for companies and investors interested in this market. The market size, revenue generated from the sales and technologies by various application segments are also evaluated in this report. The market research report is a verified source of data and information that offers telescopic view of the current market trends, situations, opportunities and status of the Automotive Transmission Market industry. Lastly, the report makes some important proposals for a new project of Automotive Transmission Market before evaluating its feasibility. Thus, a range of key factors are analysed in Automotive Transmission Marketing report, which will help the buyer in studying Automotive Transmission Market industry.
Data Bridge Market Research analyses that the automotive transmission market would exhibit a CAGR of 10.50% for the forecast period.
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By transferring the proper power from the engine to the wheels through the gearbox, the transmission system ensures a smooth and comfortable ride. Manual transmission and automatic transmission are the two most common types of transmission. A manual transmission is a vehicle system that relies on human intervention to adjust gears depending on the scenario. A vehicle's automatic transmission is a system that changes gears at different speeds without the intervention of a driver. It gives you a better driving experience and saves you money on gas than a manual transmission.
Some of the major players operating in the automotive transmission market are AISIN CORPORATION, Marelli Holdings Co., Ltd., Continental AG, ZF Friedrichshafen AG, Magna International Inc., 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., and Bonfiglioli Transmissions Private Limited, among others.
The rising preferences towards light weight transmission system will influence the growth rate of automotive transmission market during the forecast period of 2022-2029. The automotive transmission market is likely to grow significantly due to the rising adoption of advanced technologies. Also, increasing demand of smooth gear shifting and improved driving is a contributing factor to the growth rate of automotive transmission market. Furthermore, rise in infrastructure development and swift industrialization are the major market drivers that will have positive impact on the market’s growth rate. Some of the factors such as upsurge in the level of disposable income, and rising urbanization will further propel the market’s growth rate. The increasing collaboration among the domestic manufacturers will further cushion the growth of automotive transmission market.
Moreover, rising demand for hybrids and DCTS in HCVS and wide acceptance of CVT will carve the beneficial opportunities for the growth of automotive transmission market. Additionally, increase in the demand for hybrid electric vehicles and emerging new markets will act as significant market driver and hence further boost new opportunities for the market’s growth.
However, variability in the prices of raw materials and high cost associated with advanced transmission systems will stymie the revenue growth of automotive transmission market. The high cost of adoption and frequent maintenance of advanced transmission systems will pose major challenges for the growth of automotive transmission market. Also, reduction in costs for light weight and efficient transmission and severe impact of COVID-19 on manufacturing as well as supply chain operations of various industries will act as major market restrain that will further hinder the growth of automotive transmission market during the above mentioned forecast period.
This automotive transmission market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on automotive transmission market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Automotive Transmission Market Scope and Market Size
The automotive transmission market is segmented on the basis of fuel type, number of forward gears, transmission type, sales channel, vehicle type and engine type. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
Automotive transmission market on the basis of fuel type has been segmented as gasoline, and diesel.
Based on number of forward gears, automotive transmission market has been segmented into less than 5, 5 – 6, 7 – 8, 9 – 10, and above 10.
On the basis of transmission type, automotive transmission 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, automotive transmission market has been segmented into OEM (original equipment manufacturer), and aftermarket.
Based on vehicle type, automotive transmission market has been segmented into passenger cars, large commercial vehicles, intermediate commercial vehicles, heavy commercial vehicles, off-road, construction, defence, and farm tractors.
Automotive transmission has also been segmented on the basis of engine type into IC engine, and electric vehicles.
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The report can answer the following questions:
Global major manufacturers' operating situation (sales, revenue, growth rate and gross margin) of Automotive Transmission Market
Global major countries (United States, Canada, Germany, France, UK, Italy, Russia, Spain, China, Japan, Korea, India, Australia, New Zealand, Southeast Asia, Middle East, Africa, Mexico, Brazil, C. America, Chile, Peru, Colombia) market size (sales, revenue and growth rate) of Automotive Transmission Market
Different types and applications of Global Automotive Transmission Market share of each type and application by revenue.
Global of Automotive Transmission Market size (sales, revenue) forecast by regions and countries from 2022 to 2028 of Automotive Transmission Market
Upstream raw materials and manufacturing equipment, industry chain analysis of Automotive Transmission Market
SWOT analysis of Automotive Transmission Market
New Project Investment Feasibility Analysis of Automotive Transmission Market
Why choose Data Bridge Market Research?
Modern technologies, such as artificial intelligence, to provide updated industry growth.
DBMR team provides clients with the top notch Automotive Transmission Market research report.
Interaction with research scientists and development heads to understand the nature of the Automotive Transmission Market more precisely.
24/7 availability of services.
Data collection from implementation vendors, service providers, and raw material suppliers to provide a clear perspective with Forecast period.
DBMR team uses very fair means to gather information that is scrutinized at every stage while structuring an influential Automotive Transmission Market size
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