Global Automotive Speed Gearboxes Market Growth 2024-2030

Global Automotive Speed Gearboxes Market Growth 2024-2030

The Automotive Speed Gearbox is a device for changing the running speed of the vehicle. It adopts gear transmission and has several fixed value transmission ratios.

The global Automotive Speed Gearboxes market size is projected to grow from US$ 116560 million in 2023 to US$ 158210 million in 2030; it is expected to grow at a CAGR of 4.5% from 2024 to 2030.

LP Information, Inc. (LPI) ' newest research report, the “Automotive Speed Gearboxes Industry Forecast” looks at past sales and reviews total world Automotive Speed Gearboxes sales in 2023, providing a comprehensive analysis by region and market sector of projected Automotive Speed Gearboxes sales for 2024 through 2030. With Automotive Speed Gearboxes sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Automotive Speed Gearboxes industry.

This Insight Report provides a comprehensive analysis of the global Automotive Speed Gearboxes landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Automotive Speed Gearboxes portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Automotive Speed Gearboxes market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Automotive Speed Gearboxes and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Automotive Speed Gearboxes.

Automotive is a key driver of this industry. According to data from the World Automobile Organization (OICA), global automobile production and sales in 2017 reached their peak in the past 10 years, at 97.3 million and 95.89 million respectively. In 2018, the global economic expansion ended, and the global auto market declined as a whole. In 2022, there will wear units 81.6 million vehicles in the world. At present, more than 90% of the world's automobiles are concentrated in the three continents of Asia, Europe and North America, of which Asia automobile production accounts for 56% of the world, Europe accounts for 20%, and North America accounts for 16%. The world major automobile producing countries include China, the United States, Japan, South Korea, Germany, India, Mexico, and other countries; among them, China is the largest automobile producing country in the world, accounting for about 32%. Japan is the world's largest car exporter, exporting more than 3.5 million vehicles in 2022. Gearbox is an integral part of every car and is an important driver for the growth of the market owing to technological advancements in the industry. Electric vehicles have grown in popularity in recent years due to stricter emissions regulations, greater efficiency, and the introduction of new technologies. Electric cars no longer require a car gearbox. The automotive transmission market is expected to be hampered by the increasing adoption of electric vehicles. Another factor driving the market expansion is growing consumer demand for safe, comfortable rides and seamless gear shifts. The growth of electric vehicles due to rapid urbanization is hindering the growth of the market. The global automotive transmission market is primarily driven by global vehicle manufacturing. Growth in the automotive manufacturing industry is expected to fuel the demand for automotive transmissions in the foreseeable future. In addition, consumer preferences are shifting toward an enjoyable and efficient driving experience. Ultimately consumers expect a car that provides a comfortable driving experience with smooth, easy gear changes. The demand for automotive transmissions is expected to increase owing to technological advancements in automotive transmissions to meet the needs of end users.

This report presents a comprehensive overview, market shares, and growth opportunities of Automotive Speed Gearboxes market by product type, application, key manufacturers and key regions and countries.

Segmentation by type


AT

CVT

DCT

Others
Segmentation by application


Sedan

SUVs

Pickup Trucks

Others
This report also splits the market by region:


Americas
United States
Canada
Mexico
Brazil

APAC
China
Japan
Korea
Southeast Asia
India
Australia

Europe
Germany
France
UK
Italy
Russia

Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.


ZF

Aisin

JATCO

Magna

Eaton

Bosch Mobility

Allison Transmission Holdings

Mobis

GETRAG

Polaris Industries

General Electric

Punch Powertrain

Hyundai Powertech

DSI

Dana Limited

Jasper Engines & Transmissions

Lisle

Performance Assembly Solutions

ODG Gear

Superior Gearbox Company

CVT CORP

Xtrac

Fast

Chery
Key Questions Addressed in this Report

What is the 10-year outlook for the global Automotive Speed Gearboxes market?

What factors are driving Automotive Speed Gearboxes market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Automotive Speed Gearboxes market opportunities vary by end market size?

How does Automotive Speed Gearboxes break out type, application?


Please note: The report will take approximately 2 business days to prepare and deliver.