Auto Transmissions is a machine that consists of a power source and a power transmission system, which provides controlled application of the power. Often the term transmission refers simply to the gearbox that uses gears and gear trains to provide speed and torque conversions from a rotating power source to another device.
Pune, Maharashtra -- (SBWIRE) -- 01/18/2017 -- Electric Vehicle Transmission Market Research Report identifies the increased focus on reducing the emission of greenhouse gases to be one of the major factors that will have a positive impact on the growth of this market in the coming years. It has been observed that almost 26% of the total greenhouse gas emissions in the US is from the automotive industry.
Market Research Analysts predict the global Electric Vehicle Transmission Market to grow steadily during the forecast period and post a CAGR of almost 47% by 2020, in terms of units.
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Market Segment by Manufacturers, this report covers
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Growing prominence for electrified transmissions among automotive manufacturers is expected to witness increasing penetration across regions including Europe and North America. Rising focus on hybrid vehicles and their positive impact on fuel economy and emissions in these regions will contribute to the adoption of the transmission systems.
Report also presents Geographical Segmentation analysis of Electric Vehicle Transmission Market of Americas, APAC, EMEA region.
Market Segment by Type, covers
According to this market research and analysis, APAC will be the major revenue contributor to the market throughout the predicted period. Factors such as the initiatives from the government of China towards the promotion of electric cars will drive the demand for electric vehicle transmissions in this region. Additionally, the rise in sales of electric vehicles such the Nissan Leaf, BMW i3, Tesla model, and BMW i8 in Japan and the increased focus of the OEMs to improve the distance covered in a single recharge, will also fuel the growth of the market in this region.
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Key questions answered in Electric Vehicle Transmission Market report:
- What will the Electric Vehicle Transmission Market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving Electric Vehicle Transmission Market?
- What are the challenges to Electric Vehicle Transmission Market growth?
- Who are the key vendors in Electric Vehicle Transmission Market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
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List of Exhibits in Electric Vehicle Transmission Market report:
- Exhibit 01: Product offerings
- Exhibit 02: Impact of drivers
- Exhibit 03: Impact of drivers and challenges
- Exhibit 04: Key countries in each region
- Exhibit 05: Global Electric Vehicle Transmission Market shares by geographies 2015
- Exhibit 06: Global Electric Vehicle Transmission Market shares by geographies 2020
- Exhibit 07: Geographical segmentation by revenue 2015
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