Consumers Switching to Automatic Transmission in Developing Countries Open New Opportunities for Automotive Transmission Market
The top three players operating in the global automotive transmission market are Continental AG, ZF Friedrichshafen, and Allison Transmission, observes Transparency Market Research in a new study. These players collectively held a share of 64% in the global market as of 2014. The leading players have consolidated their leading position via strategic alliances and intense research and development activities to develop transmission systems pivoted on fuel efficiency and driving comfort.
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