Global Commercial Vehicle Transmission System Market, 2021-2027
Transmission system is the mechanism by which power created by the engine is transferred to the driving wheels. This part of the vehicle is the most important in determining the power and functionality of the engine systems. According to Gen Consulting Company, the global commercial vehicle transmission system market is projected to reach USD 39,022 million, recording a CAGR of approximately 5.1 percent from 2021 to 2027.
The report provides in-depth analysis and insights regarding the current global market scenario, latest trends and drivers into global commercial vehicle transmission system market. It offers an exclusive insight into various details such as market size, key trends, competitive landscape, growth rate and market segments.
The commercial vehicle transmission system market is segmented on the basis of transmission type, powertrain, vehicle type, and region. The commercial vehicle transmission system market is segmented as below:
By transmission type:
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