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Global Automated Manual Transmission Market in Commercial Vehicles to Grow at a CAGR of 9.53% During the Period 2016 - 2020; Finds New Report

Market Research Reports, Inc. has announced the addition of “Global AMT Transmission Market for Commercial Vehicles 2016 - 2020” research report to their website www.MarketResearchReports.com

 

Lewes, DE -- (SBWIRE) -- 12/16/2016 -- Report forecast the global automated manual transmission market in commercial vehicles to grow at a CAGR of 9.53% during the period 2016-2020.

The global AMT market in commercial vehicles will experience a rapid growth in the wake of stringent environmental regulations and higher demand for fuel efficiency. Globally, EMEA, Americas, and APAC countries are increasingly encouraging companies to come up with new technologies to ensure optimum torque delivery for the flexibility and convenience of driving along with fuel efficiency and reduced carbon emissions. CO2 emissions in AMT equipped vehicles are 8%-10% less than in manual transmission vehicles. Improved fuel efficiency and carbon emissions in AMT technology will make it advantageous globally for OEMs to adopt the technology in vehicles.

The report covers the present scenario and the growth prospects of the global automated manual transmission market in commercial vehicles for 2016-2020. To calculate the market size, the report considers the total units of commercial vehicles in the medium and heavy segments equipped with AMT technology.

The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA

According to the report, the global demand for fuel-efficient transmission systems in commercial vehicles from OEMs is increasing. Fuel consumption is one of the highest operating costs for commercial vehicles serving the world economies. Transmission systems are the main units in vehicles that help in fuel efficiency, and the AMT system is effective in providing the right gear at the right time. AMTs provide 5%-8% miles per gallon savings compared with manual transmissions subject to the kind of usage of vehicles and drivers driving skills.

Further, the report states that AMT systems can be installed in the existing transmission systems, but it is 3000$-5000$ costlier than automatic transmissions, which increases the total cost of the vehicles. Automotive component manufacturers need huge investments to expand their existing portfolio to provide AMT systems.

Global Automated Manual Transmission Market in Commercial Vehicles 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

key players in the global automated manual transmission market in commercial vehicles: WABCO, ZF Friedrichshafen, and Eaton.

Other Prominent Vendors in the market are: Shaanxi Fast Auto Drive, Allison Transmission, and Mack Trucks.

Market driver
- Growing demand for fuel-efficient transmission systems
- For a full, detailed list, view our report

Market challenge
- High initial cost of installation
- For a full, detailed list, view our report

Market trend
- Growing preference for AMT over manual transmission
- For a full, detailed list, view our report

Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

Spanning over 47 pages and 27 Exhibits "Global AMT Transmission Market for Commercial Vehicles 2016 - 2020" report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market landscape, Market segmentation by application, Geographical segmentation, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Vendor landscape, Key vendor analysis, Key Vendor Analysis, Appendix.

For more information Visit at: http://www.marketresearchreports.com/technavio/global-amt-transmission-market-commercial-vehicles-2016-2020

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