Automotive Transmission Market Will Reach 126600 Million US$ by the End of 2025
Automotive Transmission Market New Research Report Announced with business priorities in order to assist companies to realign their business strategies.
Los Angeles, CA -- (SBWire) -- 06/07/2019 --This report studies the global Automotive Transmission market status and forecast, categorizes the global Automotive Transmission market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in North America, Europe, Japan, China, India, Southeast Asia and other regions (Central & South America, and Middle East & Africa).
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.
China is the largest consumer of Automotive Transmission and is expected to retain the higher growth rate during the next five years due to strong growth in automotive industry. China have witnessed a major chunk of the production and consumption of Automotive Transmission in the Asia Pacific region. Actually, that is why manufacturers have several plants, usually close to aimed demand market.
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The import and export business of this industry is not frequent. The main reason lies in that many international manufacturers expand their business through building factories or investments in targeted markets. Also, many major players have built up plants in developing countries, like India and Thailand.
This industry is affected by the economy and policy, so it's important to put an eye to economic indexes and leaders' prefer. With the global economic recovery, more and more people pay attention to rising environment standards, especially in underdevelopment regions that have a large population and fast economic growth, the need of Automotive Transmission starch will increase.
The global Automotive Transmission market is valued at 103800 million US$ in 2017 and will reach 126600 million US$ by the end of 2025, growing at a CAGR of 2.5% during 2018-2025.
The major manufacturers covered in this report
ASIN
ZF
Jatco
Getrag
Volkswagen
Honda
MOBIS
Magna
SAIC
GM
Chongqing Tsingshan
Allison Transmission
Continental
Zhejiang Wanliyang
Borgwarner
Eaton Corporation
On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
MT
AT
AMT
CVT
DCT
By Application, the market can be split into
Passenger Vehicle
Commercial Vehicle
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