Global Truck Transmission System Market 2022-2026

Global Truck Transmission System Market 2022-2026

Technavio has been monitoring the truck transmission system market and it is poised to grow by 6484.46 thousand units during 2022-2026 decelerating at a CAGR of 7.24% during the forecast period. Our report on the truck transmission system market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the increase in sales of pickup trucks and a growing penetration rate of the automatic transmission system.

The truck transmission system market analysis includes the volume segment and geographic landscape.

Technavio's truck transmission system market is segmented as below:

By Volume

• Light-duty trucks
• Medium and heavy-duty trucks

By Geographical Landscape

• North America
• APAC
• Europe
• South America
• MEA

This study identifies the increased use of aluminum in the truck transmission systemas one of the prime reasons driving the truck transmission system market growth during the next few years.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on truck transmission system market covers the following areas:

• Truck transmission system market sizing
• Truck transmission system market forecast
• Truck transmission system market industry analysis

Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading truck transmission system market vendors that include Aisin Corp., Allison Transmission Holdings Inc., American Axle and Manufacturing Inc., BorgWarner Inc., Eaton Corp. Plc, Grupo KUO SAB de CV, Magna International Inc., thyssenkrupp AG, Voith GmbH and Co. KGaA, and ZF Friedrichshafen AG. Also, the truck transmission system market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Companies Mentioned

Aisin Corp., Allison Transmission Holdings Inc., American Axle and Manufacturing Inc., BorgWarner Inc., Eaton Corp. Plc, Grupo KUO SAB de CV, Magna International Inc., thyssenkrupp AG, Voith GmbH and Co. KGaA, ZF Friedrichshafen AG