Asia Pacific Automotive AfterMarket Is Growing Rapidly : Lear Corporation, Robert Bosch GmbH, Denso, Delphi, HELLA, Continental, Faurecia, YAZAKI Corporation, ACDelco
Asia Pacific Automotive AfterMarket in automotive transmission parts segment is expected to register over 6% CAGR up to 2024. Increasing demand for highly fuel-efficient transmission systems with smoother transition of gears is leading to the development of automated manual transmission systems. The lower cost along with improved fuel efficiency of the AMT systems compared to traditional automatic transmissions play a significant role in the business growth over the projected timeline. For instance, in October 2015, Magneti Marelli, announced the construction...
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