Automotive Transmission Market Current and Future Plans 2016-2026
Global automotive sector is growing with decent pace after the 2008-09 recession period, and demand for automobiles in Asia Pacific region is strongest due to its rapid urbanization rate and increase in disposable income. Furthermore, due to increasing traffic in major urban areas, consumers are leaning more towards advanced transmission system such as automatic transmission (AT), continuous variable transmission (CVT), and dual clutch transmission (DCT) for smooth driving experience.
View full press release