Automotive Transmission Market Projected to Gain Significant Value by 2026
Category: #headlines  By Ronak Bora  Date: 2021-11-22
  • share
  • Twitter
  • Facebook
  • LinkedIn
Automotive Transmission Market Projected to Gain Significant Value by 2026

Global automotive transmission market has been divided into different domains including transmission segment, engine segment, gear segment, regional outlook, and distribution channels. Highlighting the basics of gear segment, it is observed that automotive transmission industry from less than 5 gears sector would accrue tremendous gains in the ensuing years, given its rising demand across light duty vehicles due to the product’s fuel and price efficiency.

Get sample copy of this research report @ https://www.decresearch.com/request-sample/detail/1445

Distribution channel for automotive transmission systems plays a pivotal role in the overall growth of the market. Speaking of which, OEMs are likely to come up as a strong contender in the near future. For the record, OEMs held around 98 per cent of the product sales in 2019 and projected to grow at a rate of 4 per cent through 2026, subject to the low rate of transmission system replacement. However, reports suggest that after-market is also gaining massive traction globally on the grounds of transcending trend of transmission upgrades, perhaps due to the emergence of new technologies associated with the same.

Elaborating further in the regional aspects, North America is also anticipated to stand tall in the overall automotive transmission market, courtesy- escalating demand for commercial vehicles. In fact, as per OICA statistics, the United States recorded over more than 8 million commercial vehicle production in 2019, a count which is only likely to grow in the upcoming years. Growth in the regional market is poised to predominantly come from government intervention pertaining to the enforcement of numerous regulations to potential manage the goods being carried in the CVs.

The thriving automotive industry in conjugation with increased inclination towards use of personal vehicles during the COVID-19 pandemic situation has enabled the global automotive transmission industry to carve out a profitable growth map for itself in the upcoming years. Moreover, elevating demand for electrical vehicles owing to the fluctuating fuel prices in tandem with stringent government regulations is anticipated to propel the global market dynamics over 2020 to 2026.

The demand for automatic cars in Europe, subject to the widespread penetration of automated manual transmission amongst a large population base has offered a significant boost to the overall automotive transmission market. It has been observed that automated manual transmission has the ability to bridge the price gap between manual and automatic cars, allowing the drivers to leverage a seamless experience. Further, introduction of automatic cars in small car segment aligned with increased fuel efficacy in line with adverse traffic conditions is projected to fuel the AMT demand across the region in the ensuing years.

The competitive landscape of automotive transmission market includes Allison Transmission Inc., Kia Motors, ZF Friedrichshafen AG, Eaton, BorgWarner Inc., General Motors, Jatco Ltd., Aisin Seiki Co., GKN PLC, and Volkswagen Group among many others.

Request for a Customization of this research report @ https://www.decresearch.com/roc/1445

Partial Chapter of the Table of Content

Chapter 5. Automotive Transmission Market, By Engine

5.1.  Automotive Transmission market engine insights

5.2.  IC

5.2.1.     Market estimates and forecast, 2016 - 2026

5.2.2.     Market estimates and forecast by region, 2016 - 2026

5.3.  EV

5.3.1.     Market estimates and forecast, 2016 - 2026

5.3.2.     Market estimates and forecast by region, 2016 - 2026

Chapter 6. Automotive Transmission Market, By Vehicle

6.1.  Automotive Transmission industry vehicle insights

6.2.  Passenger car

6.2.1.     Market estimates and forecast, 2016 - 2026

6.2.2.     Market estimates and forecast by region, 2016 - 2026

6.3.  LCV

6.3.1.     Market estimates and forecast, 2016 - 2026

6.3.2.     Market estimates and forecast by region, 2016 - 2026

6.4.  HCV

Charts & Figures

FIG. 1.      Industry segmentation

FIG. 2.      Automotive Transmission market volume & revenue (Thousand Units, USD Million), 2016 - 2026

FIG. 3.      Industry ecosystem analysis

FIG. 4.      Growth potential analysis

FIG. 5.      Porter’s analysis

FIG. 6.      PESTEL analysis

FIG. 7.      Regional price trends (USD/Unit)

FIG. 8.      Cost structure analysis

Browse complete Table of Contents (ToC) of this research report @ https://www.decresearch.com/toc/detail/automotive-transmission-market

  • share
  • Twitter
  • Facebook
  • LinkedIn

About Author

Ronak Bora

Ronak Bora    

A graduate in Electronics Engineering, Ronak writes for Technology Magazine and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and spo...

Read More >>

More News By Ronak Bora

Europe Air Source Heat Pump Market Future Challenges, Growth Analysis & Forecast To 2030
Europe Air Source Heat Pump Market Future Challenges, Growth Analysis & Forecast To 2030
By Ronak Bora

Owing to a marked increase in the deployment of energy-efficient heating systems across residential and commercial sites, the Europe air source heat pump market has been traversing along a lucrative growth path over the past few years. As a part of t...

Commercial Water Heater Market 2023 By Demand, Top Trend & Forecast To 2028
Commercial Water Heater Market 2023 By Demand, Top Trend & Forecast To 2028
By Ronak Bora

Increasing consumer outlay in energy-efficient appliances is boosting the global commercial water heater market revenue. Industry participants are relying on developments of commercial establishments in the wake of demand for hot water across end-use...

Cryogenic Equipment Market 2023: Statistics, Top Trends & Growth Analysis To 2030
Cryogenic Equipment Market 2023: Statistics, Top Trends & Growth Analysis To 2030
By Ronak Bora

Increasing awareness regarding new technologies in the industrial and healthcare sectors has proliferated the cryogenic equipment market, with worldwide earnings surpassing USD 15 billion in 2017. From the storage and distribution of industrial gases...