United Kingdom (UK) Automotive Transmission Market Overview, 2029

United Kingdom (UK) Automotive Transmission Market Overview, 2029

The automotive transmission market in UK is an integral part of the country's automotive industry, which encompasses manufacturing, sales, and aftermarket services. UK hosts numerous automotive manufacturing facilities operated by domestic and international automakers. These facilities produce a wide range of vehicles, including passenger cars, light trucks, SUVs, and commercial vehicles. The production of transmissions, whether manual, automatic, or continuously variable (CVT), is a vital component of these manufacturing operations. The Canadian automotive transmission market is characterized by ongoing technological advancements. Manufacturers continuously develop and implement innovative transmission technologies to improve fuel efficiency, performance, and driver experience. This includes the adoption of advanced automatic transmissions with more gears, CVTs, and dual-clutch transmissions (DCTs). Consumer preferences play a significant role in shaping the automotive transmission market in UK. While automatic transmissions have traditionally been more popular among Canadian consumers due to their convenience and ease of use, there is also a demand for manual transmissions, particularly among enthusiasts and performance-oriented drivers. The automotive industry in UK operates within a regulatory framework that includes safety standards, emissions regulations, and fuel efficiency requirements. These regulations influence the design, development, and adoption of transmission technologies, as manufacturers strive to meet or exceed regulatory requirements while delivering desirable performance and efficiency characteristics. The automotive transmission market in UK is supported by a complex and interconnected supply chain. Numerous suppliers manufacture transmission components, such as gears, clutches, torque converters, and electronic control modules, which are then assembled into complete transmission units by automakers or transmission suppliers.

According to the research report, ""UK Automotive Transmission Market Overview, 2029,"" published by Bonafide Research, the UK Automotive Transmission market is anticipated to add to more than USD 600 Million by 2024–29. The growth of the automotive transmission market in UK can occur through various avenues, driven by factors such as technological advancements, regulatory changes, shifting consumer preferences, and market dynamics. Continued advancements in transmission technology can drive growth in the market. This includes the development of more efficient and lightweight transmissions, integration of electrification and hybridization technologies, and the adoption of advanced materials and manufacturing processes. Manufacturers investing in research and development to innovate and improve transmission performance, fuel efficiency, and durability are likely to see increased demand for their products. Understanding and adapting to changing consumer preferences can stimulate growth in the automotive transmission market. For example, the increasing popularity of electric vehicles (EVs) and hybrid vehicles presents opportunities for manufacturers to develop and supply transmissions tailored for these alternative powertrain configurations. In addition to that, meeting the preferences of consumers for specific transmission types, such as automatic, manual, or continuously variable transmissions (CVTs), can drive growth in different segments of the market. Stringent emissions regulations and fuel efficiency standards set by government agencies can drive demand for advanced transmission technologies that improve vehicle efficiency and reduce emissions. Manufacturers investing in technologies such as advanced automatic transmissions with more gears, dual-clutch transmissions (DCTs), and continuously variable transmissions (CVTs) to comply with regulatory requirements while delivering desirable performance characteristics can achieve growth in the market. Expanding into new market segments or diversifying product offerings can drive growth in the automotive transmission market. This could involve supplying transmissions for emerging vehicle segments, such as electric and autonomous vehicles, or entering new geographical markets to tap into growing demand for automotive transmissions globally. Collaboration and partnerships between automotive manufacturers, suppliers, and technology companies can drive innovation and growth in the market. By leveraging each other's expertise and resources, companies can develop and commercialize advanced transmission technologies more effectively, addressing market needs and staying ahead of competitors.

In UK, there is segmentation in Transmission, consist Manual, Automatic, Automated Manual Transmission, and Others. Manual transmissions, also known as stick shift or standard transmissions require the driver to manually engage and disengage gears using a gear shift and clutch pedal. While less common in new vehicles compared to automatic transmissions, they are still preferred by enthusiasts for their greater control over gear selection and potentially better fuel efficiency. Automatic transmissions use a fluid-coupling torque converter or dual-clutch system to automatically change gears without requiring driver input. They are popular in UK due to their ease of use, especially in heavy traffic or for drivers who prefer a more relaxed driving experience. Automated manual transmissions combine the convenience of automatic transmissions with the efficiency of manual transmissions. They use electronically controlled actuators to automate the clutch and gear shift operations, offering smoother shifting compared to traditional manual transmissions while maintaining fuel efficiency. Continuously Variable Transmission (CVT) is another type of transmission increasingly used in modern vehicles. CVTs offer seamless acceleration by continuously varying the gear ratio rather than shifting between discrete gears like traditional transmissions. They are known for their smoothness and efficiency, although some drivers may prefer the feel of traditional automatic or manual transmissions. Niche or specialized transmission types, such as dual-clutch transmissions (DCT), which provide lightning-fast gear shifts by pre-selecting the next gear, or hybrid transmissions used in hybrid vehicles, which integrate electric motors with traditional transmissions for improved fuel efficiency.

In UK, there are segmentation in Vehicle, consist Passenger Vehicles, LCVs, HCVs. Passenger vehicles are further divided into various subcategories based on size, body style, and intended use, ranging from compact cars to full-size SUVs and luxury sedans. Its segment includes cars, SUVs (Sport Utility Vehicles), and minivans designed primarily for transporting passengers. LCVs encompass a range of vehicles primarily designed for commercial purposes while still being smaller and lighter than heavy commercial vehicles (HCVs). Its category includes light-duty trucks, vans, and pickups commonly used for delivery services, small-scale transportation of goods, and utility purposes. HCVs are larger, heavier vehicles designed for transporting goods over long distances or carrying heavy loads. Its segment includes trucks and buses with significant weight capacities, such as tractor-trailers (semi-trucks), dump trucks, and commercial buses.

Considered in this report
• Historic year: 2018
• Base year: 2023
• Estimated year: 2024
• Forecast year: 2029

Aspects covered in this report
• Automotive Transmission market Outlook with its value and forecast along with its segments
• Various drivers and challenges
• On-going trends and developments
• Top profiled companies
• Strategic recommendation

By Transmission Type
• Manual
• Automatic
• Automated Manual Transmission (AMT)
• Others (CVT, DCT)

By Vehicle Type
• Passenger Vehicles (passenger cars, Two wheelers, Suv,..)
• LCVs
• HCVs

The approach of the report:
This report consists of a combined approach of primary and secondary research. Initially, secondary research was used to get an understanding of the market and list the companies that are present in it. The secondary research consists of third-party sources such as press releases, annual reports of companies, and government-generated reports and databases. After gathering the data from secondary sources, primary research was conducted by conducting telephone interviews with the leading players about how the market is functioning and then conducting trade calls with dealers and distributors of the market. Post this; we have started making primary calls to consumers by equally segmenting them in regional aspects, tier aspects, age group, and gender. Once we have primary data with us, we can start verifying the details obtained from secondary sources.

Intended audience
This report can be useful to industry consultants, manufacturers, suppliers, associations, and organizations related to the Automotive Transmission industry, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing and presentations, it will also increase competitive knowledge about the industry.

Keywords:
Automotive Transmission, Manual, Automatic, Automated Manual Transmission (AMT), Others (CVT, DCT), Passenger Vehicles (passenger cars, Two wheelers, Suv,..), LCVs, HCVs.