Automotive Transmission Gears Market, by Gear Type (Planetary, Spur Gear, Helical Gear, and Others), by Transmission Type (Manual, Automatic, Automated Manual, Transmission (AMT), Dual Clutch Transmission, and Hybrid), by Gear Material (Ferrous Metal, Composite Material, and Others), by Vehicle Type (Passenger Vehicles, Light Commercial Vehicles, Heavy Commercial Vehicles, and Electric vehicles), and by Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2030
The increasing demand for automatic transmission is driving the global automotive transmission gears market growth. Moreover, high business potential in passenger car segment in the emerging countries of Asia Pacific is expected to drive the growth of this market. Enterprises in automotive industry focus on incorporating new features in modern vehicles, in terms of comfort and safety. These enterprises are taking all possible measures to maintain their competitive hold and sustain their business operations in growing stiff competition among automakers across the global marketplace. In the recent past, there has been drastic change in consumer demographics with increase in income level and change in lifestyle trends. Currently, consumers prefer automobiles equipped with automatic transmission gears to offer a comfortable and smooth driving experience in bumper-to-bumper congested traffic in metro cities. Therefore, to offer consumers a smooth, comfortable drive, it is critical to prevent vibration from powertrain mechanisms from reaching the passenger area. Dual Clutch Transmission (DCT) gears provide drivers with an improved driving experience by enabling smooth gear shifting and enhanced acceleration. Demand for vehicles with high fuel efficiency is driving the dual-clutch transmission market. Local and central government bodies of developed and emerging economies such as the U.S., the U.K., Brazil, Singapore, and India have introduced regulations, policies, and initiatives to promote the reduction of CO2 emissions.
For instance, in October 2019, Magna International Inc., a Canadian mobility technology company for automakers, signed a multi-year contract with Bayerische Motoren Werke AG (BMW), a German automobile manufacturer. Under this contract, Magna International Inc. will be supplying front-wheel drive dual-clutch transmissions to BMW.
Market Dynamics
The global automotive transmission gears market is expected to grow significantly during the forecast period, owing to the increasing popularity of automatic transmission gears in modern/high-end cars. Automakers have invested in Automated Manual Transmission (AMT) technology to significantly improve the performance and efficiency of automatic passenger cars. In the Asia Pacific region, consumer preference towards adoption of automatic passenger vehicles is on the rise, owing to the widespread usage of automatic manual transmission gears systems in modern cars that ease driving in traffic congestion areas. The shift in consumer preference creates immense opportunity for AMT gear manufacturers to expand their footprint in the APAC region in order to grab significant market share in the growing passenger cars market.
Key features of the study:
This report provides an in-depth analysis of global automotive transmission gears size (US$ Million) and compound annual growth rate (CAGR %) for the forecast period (2022-2030), considering 2021 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, regional outlook, and competitive strategies adopted by the leading market players
It profiles leading players in the global automotive transmission gears market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, market capital, key developments, strategies, and future plans
Companies covered as a part of this study American Axle & Manufacturing Holdings Inc., AmTech International, Bharat Gears Ltd, Cone Drive, Dynamatic Technologies Limited, Franz Morat Holding GmbH & Co. KG, Gleason Corporation, IMS Gear SE & Co. KGaA, Robert Bosch GmbH, RSB Group, Showa Corporation, UAG LLP, and ZF Friedrichshafen AG.
Insights from this report would allow marketers and management authorities of companies to make informed decisions regarding future product launches, product upgrades, market expansion, and marketing tactics
The global automotive transmission gears market report caters to various stakeholders in this industry including investors, suppliers, managed service providers, third-party service providers, distributors, new entrants, and value-added resellers
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global automotive transmission gears market
Detailed Segmentation
Global Automotive Transmission Gears Market, By Gear Type:
Planetary
Spur Gear
Helical Gear
Others
Global Automotive Transmission Gears Market, By Transmission Type:
Manual
Automatic
Automated Manual Transmission (AMT)
Dual Clutch Transmission
Hybrid
Global Automotive Transmission Gears Market, By Gear Material:
Ferrous Metal
Composite Material
Others
Global Automotive Transmission Gears Market, By Vehicle Type:
Passenger
Light Commercial Vehicle
Heavy Commercial Vehicle
Electric Vehicle
Global Automotive Transmission Gears Market, By Region:
North America
By Gear Type:
Planetary
Spur Gear
Helical Gear
Others
By Transmission Type:
Manual
Automatic
Automated Manual Transmission (AMT0
Dual Clutch Transmission
Hybrid
By Gear Material:
Ferrous Metal
Composite Material
Others
By Vehicle Type:
Passengers
Light Commercial Vehicle
Heavy Commercial Vehicle
Electric Vehicle
By Country:
U.S.
Canada
Asia Pacific
By Gear Type:
Planetary
Spur Gear
Helical Gear
Others
By Transmission Type:
Manual
Automatic
Automated Manual Transmission (AMT0
Dual Clutch Transmission
Hybrid
By Gear Material:
Ferrous Metal
Composite Material
Others
By Vehicle Type:
Passengers
Light Commercial Vehicle
Heavy Commercial Vehicle
Electric Vehicle
By Country:
China
India
Japan
Australia
South Korea
ASEAN
Rest of Asia Pacific
Europe
By Gear Type:
Planetary
Spur Gear
Helical Gear
Others
By Transmission Type:
Manual
Automatic
Automated Manual Transmission (AMT0
Dual Clutch Transmission
Hybrid
By Gear Material:
Ferrous Metal
Composite Material
Others
By Vehicle Type:
Passengers
Light Commercial Vehicle
Heavy Commercial Vehicle
Electric Vehicle
By Country:
Germany
Italy
U.K.
France
Russia
Rest of Europe
Latin America
By Gear Type:
Planetary
Spur Gear
Helical Gear
Others
By Transmission Type:
Manual
Automatic
Automated Manual Transmission (AMT0
Dual Clutch Transmission
Hybrid
By Gear Material:
Ferrous Metal
Composite Material
Others
By Vehicle Type:
Passengers
Light Commercial Vehicle
Heavy Commercial Vehicle
Electric Vehicle
By Country:
Brazil
Mexico
Argentina
Rest of Latin America
Middle East and Africa
By Gear Type:
Planetary
Spur Gear
Helical Gear
Others
By Transmission Type:
Manual
Automatic
Automated Manual Transmission (AMT0
Dual Clutch Transmission
Hybrid
By Gear Material:
Ferrous Metal
Composite Material
Others
By Vehicle Type:
Passengers
Light Commercial Vehicle
Heavy Commercial Vehicle
Electric Vehicle
By Country/Region:
GCC Countries
South Africa
Rest of Middle East and Africa
Company Profiles
American Axle & Manufacturing Holdings Inc., *
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/ Updates
AmTech International
Bharat Gears Ltd
Cone Drive,
Dynamatic Technologies Limited
Franz Morat Holding GmbH & Co. KG
Gleason Corporation
IMS Gear SE & Co. KGaA
Robert Bosch GmbH
RSB Group
Showa Corporation
UAG LLP
ZF Friedrichshafen AG.
“*” marked represents similar segmentation in other categories in the respective section.
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