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Automotive Transmission Market: Current Analysis and Forecast (2021-2027)

Region:Global

Author(s):

Product Code:UMAU21887

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Published on

June 2022

Total pages

187

Table of Content

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About the Report

About the Report

The transportation sector's expansion can be linked to population increase, globalization, and fast urbanization. Furthermore, the growth of eCommerce and cargo services is strengthening the transportation industry all over the world. Due to the fast growth of the automobile industry around the world, there is an increase in demand for long-lasting and efficient transmission systems for vehicles. Heavy commercial vehicle sales, such as trucks and trailers, are being boosted by the rise of the global supply chain and logistics sector. These large vehicles require a lot of power to turn the wheels, which may be accomplished with the help of automobile transmission systems. Mergers and acquisitions in the worldwide automobile transmission market are expected to promote market growth. Modernization and an increase in an individual's disposable money are two significant elements driving the use of automated transmission systems in vehicles.
 
 
Based on transmission type, the market is segmented into Manual and Automatic. The Automatic segment is to see the fastest growth during the forecasted period. Advances in the automotive sector, as well as improvements in automatic gearboxes, can be credited for the development. Furthermore, automatic types are more powerful and accurate, as well as being easier to operate. The high cost of these items may prevent them from being adopted in nations like India and Mexico. Over the projected period, however, changing preferences and rising consumer purchasing power in these nations are expected to boost segment expansion. In 2020, the manual type segment had the highest revenue share. The price differential between vehicles with manual and automatic transmissions is to blame for this increase. Due to price sensitivity, consumers are more likely to choose manual transmissions. Furthermore, as compared to its automatic counterpart, the manual version delivers higher mileage because the gear shifting may be manually regulated to reduce fuel consumption
Based on vehicle type, the market is segmented into Passenger Car, Light Commercial Vehicles, and Heavy Commercial Vehicles. The Passenger Car segment generated revenue of USD XX billion in 2020 and is expected to grow at a CAGR XX% during the forecasted period. The demand for passenger automobiles is influenced by volatile fuel prices and transit infrastructure. The improving economic outlook in the United States and many developing nations, such as China and India, is likely to boost global demand for passenger automobiles. Furthermore, advancements in transmission technology in the passenger car segment, from 4-speed automatic transmissions to 8-speed and 9-speed automatic transmissions, have resulted in improvements in overall comfort, driving experience, and fuel efficiency, boosting segment growth
Based on the fuel type, the market is segmented into Gasoline and Diesel. The Actuator segment generated revenue of USD XX billion in 2020 and is expected to grow at a CAGR XX% during the forecasted period. Almost all pollution criteria are met by gasoline cars. When compared to diesel engines, they are more efficient and emit less gas. Over the projected period, the segment is expected to rise due to rising gasoline demand in nations such as the United States, China, and India. According to the International Energy Agency (IEA), gasoline demand is expected to rise in the next years as a result of fast-growing markets in Asia, Central and South America, Africa, and the Middle East, which will account for almost 70% of world demand growth in 2021
For a better understanding of the market adoption of Automotive Transmission, the market is analyzed based on its worldwide presence in the countries such as North America (United States, Canada, Rest of North America), Europe (Germany, UK, France, Italy, and Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Rest of APAC), and Rest of World
Some of the major players operating in the market include Eaton Corporation PLC, Aisin Seiki Co., Ltd., BorgWarner Inc., ZF Friedrichshafen AG, Allison Transmission, Inc., Continental AG, Magna International Inc., Jatco Ltd., Schaeffler AG, GKN PLC

Products


Companies

Eaton Corporation PLC, Aisin Seiki Co., Ltd., BorgWarner Inc., ZF Friedrichshafen AG, Allison Transmission, Inc., Continental AG, Magna International Inc., Jatco Ltd., Schaeffler AG, GKN PLC

Table of Contents

Table of Contents

1 MARKET INTRODUCTION

1.1. Market Definitions

1.2. Limitation

1.3. Stake Holders

1.4. Currency used in Report

2 RESEARCH METHODOLOGY OR ASSUMPTION

2.1. Research Process of the Automotive Transmission Market

2.2. Research Methodology of the Automotive Transmission Market

2.3. Forecasting Method

2.4. Respondent Profile

2.5. Main Objective of the Automotive Transmission Market Study

3 MARKET SYNOPSIS

4 EXECUTIVE SUMMARY

5 AUTOMOTIVE TRANSMISSION MARKET COVID-19 IMPACT

6 AUTOMOTIVE TRANSMISSION MARKET REVENUE, 2019-2027F

7 MARKET INSIGHTS BY TRANSMISSION TYPE

7.1. Manual

7.2. Automatic

8 MARKET INSIGHTS BY VEHICLE TYPE

8.1. Passenger Car

8.2. Light Commercial Vehicles

8.3. Heavy Commercial Vehicles

9 MARKET INSIGHTS BY FUEL TYPE

9.1. Gasoline

9.2. Diesel

10 MARKET INSIGHTS BY REGION

10.1. NORTH AMERICA AUTOMOTIVE TRANSMISSION MARKET

10.1.1. United States

10.1.2. Canada

10.1.3. Rest of North America

10.2. EUROPE AUTOMOTIVE TRANSMISSION MARKET

10.2.1. Germany

10.2.2. France

10.2.3. United Kingdom

10.2.4. Italy

10.2.5. Rest of Europe

10.3. ASIA-PACIFIC AUTOMOTIVE TRANSMISSION MARKET

10.3.1. China

10.3.2. Japan

10.3.3. India

10.3.4. South Korea

10.3.5. Rest of Asia Pacific

10.4. REST OF WORLD AUTOMOTIVE TRANSMISSION MARKET

11 AUTOMOTIVE TRANSMISSION MARKET DYNAMICS

11.1. Market Drivers

11.2. Market Challenges

11.3. Impact Analysis

12 AUTOMOTIVE TRANSMISSION MARKET OPPORTUNITIES

13 AUTOMOTIVE TRANSMISSION MARKET TRENDS

14 LEGAL & REGULATORY FRAMEWORK

15 DEMAND AND SUPPLY SIDE ANALYSIS

15.1. Demand Side Analysis

15.2. Supply Side Analysis

16 VALUE CHAIN ANALYSIS

17 COMPETITIVE SCENARIO

17.1. COMPETITIVE LANDSCAPE

17.1.1. Company Shares, By Revenue

18 COMPANY PROFILED

18.1. Eaton Corporation PLC

18.2. Aisin Seiki Co., Ltd.

18.3. BorgWarner Inc.

18.4. ZF Friedrichshafen AG

18.5. Allison Transmission, Inc.

18.6. Continental AG

18.7. Magna International Inc.

18.8. Jatco Ltd.

18.9. Schaeffler AG

18.10. GKN PLC

19 DISCLAIMER

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