Pune, India -- (SBWire) -- 02/01/2018 --Market Research Future published a research report on "Automotive Transmission Market Research Report- Forecast 2022" – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2022.
Market Highlights
One of key drivers of the global automotive transmission market is increased consumer preference for enhanced driving experience and smooth gear shifting due to hectic road congestions. In Europe, the stringent regulatory norms has increased the demand for better fuel efficient vehicles with low carbon emission. Also, the presence of high number of luxury auto makers has boosted the automotive transmission market in the region.
The high cost of advanced transmission systems is the major restraint of the global automotive transmission market.
The global automotive transmission market is expected to grow around 6 % CAGR during the period 2017 to 2022.
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Market Research Analysis
Based on type, Manual transmission dominate the industry, however it is expected to experience decline in the sales due to growing consumers preference for advanced transmission systems.
On the basis of vehicle, passenger car is expected to dominate the market with increasing demand in Asia-Pacific region.
Based on fuel type, gasoline is the leading segment and is expected to continue its dominance during the forecast period. Recent technological advancements in diesel engine with better emission controls is expected drive the market.
While, Asia-Pacific region is expected to dominate the automotive transmission market with highest CAGR owing to growth in the number of passenger cars and LCV's in the region. With better fuel efficiency and smooth driving experience from advanced transmission systems, the segment is set to witness substantial growth.
Key Players:
Allison Transmission Inc. (U.S.), Aisin Seiki Co. Ltd. (Japan), Continental AG (Germany), BorgWarner Inc. (U.S.), Eaton Corporation PLC (Ireland), GKN PLC (U.K.), Jatco Ltd. (U.S.), Magna International Inc. (Canada), ZF Friedrichshafen AG (Germany) and Schaeffler AG (Germany) are some of the leading players operating in this market.
Intended Audience
- Manufactures
- Raw Materials Suppliers
- Aftermarket suppliers
- Research Institute / Education Institute
- Potential Investors
- Key executive (CEO and COO) and strategy growth manager
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Scope of the Report
This study provides an overview of the global automotive transmission market, tracking three market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for Asia-Pacific, North America, Europe and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global automotive transmission market by its type, vehicle type, fuel type and region.
By Type
- Automatic
- Manual
- Automatic Manual Transmission
- Continuous Variable Transmission
- Dual Clutch Transmission
By Vehicle Type
- Passenger Car
- Light Commercial Vehicle
- Heavy Commercial Vehicle
By Fuel Type
- Gasoline
- Diesel
- Others
By Region
- Asia Pacific
- North America
- Europe
- Rest of World
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Automotive Transmission Market Poised to Rake at 6% CAGR: Global Forecast 2017-2022
Global Automotive Transmission Market by Type (Automatic, Manual, Automatic Manual Transmission, Continuous Variable Transmission, Dual Clutch Transmission) by Vehicle type (Passenger Car, LCV,HCV), by Fuel type (Gasoline, Diesel, Others), and by Region (Asia-Pacific, North America, Europe, RoW).