Global Automotive Transmission Market Analysis 2022

Global Automotive Transmission Market Analysis 2022

The Global Automotive Transmission Market is expected to reach $101.64 billion by 2028 growing at a CAGR of 8.2% from 2021 to 2028. Automotive Transmission is a device for providing different gear or drives ratios between the engine and drive wheels of an automotive vehicle, a principal function being to enable the vehicle to accelerate from rest through a wide speed range while the engine operates within its most effective range. The transmission system provides a smooth and comfortable drive by transmitting the optimal power from the engine to wheels through the gearbox. As it is used in every vehicle, automotive sector growth is directly proportional to the automotive transmission industry growth.

Factors such as rapidly growing demand for electric vehicle, introduction of new technologies and growing demand for passenger vehicles production are driving the growth of the market. However, high cost involved and volatility in raw material costs are restraining the growth of the market.

Based on Vehicle Type, the passenger cars segment is going to have a lucrative growth during the forecast period which can be attributed to the unstable fuel prices and the transportation infrastructure influence the demand for the segment. Moreover, innovations in transmission technology in the passenger cars from 4-speed automatic transmissions to 8-speed and 9-speed automatic transmissions have led to developments in the overall comfort, driving experience, and fuel efficiency of these vehicles, which, in turn, augments the segment growth.

The key vendors mentioned are Aisin Corporation, Allison Transmission Inc., Aw Suzhou Co., Ltd., Borgwarner Inc., Daihatsu, Dana Graziano S.R.L., Eaton Corporation, Ford, General Motors, Gkn Automotive, Hyundai Transys, Jatco (Nissan Motor Corp.), Kate LLC, Maclean-Fogg Component Solutions, LLC., Magna International, Maruti Suzuki, Mazda, Mubea, Inc, Nemak Aluminio Do Brasil Ltda, Schaeffler Ag, Star Assembly Srl, Subaru, Tremec Corporation, Vitesco Technologies, Zf Friedrichshafen.

Types Covered:

• Manual
• Automatic

Fuel Types Covered:

• Gasoline (Petrol)
• Diesel
• Hybrid

Vehicle Types Covered:

• Construction
• Defence
• Farm Tractors
• Heavy Commercial Vehicles (HCVs)
• Intermediate Commercial Vehicles
• Light Commercial Vehicles (LCVs)
• Off-Road
• Passenger Cars

Farward Gears Covered:

• Less Than 5
• 5 – 6
• 7 – 12
• 9 – 10
• Above 10

Transmission Types Covered:

• Automated Manual Transmission (AMT)
• Automatic Transmission (AT)
• Continuously variable transmission (CVT)
• Dual Clutch Transmission (DCT)
• Manual Transmission (MT)
• Semi-Automatic Transmission

Hybrid Vehicles Covered:

• Plug-In Hybrid Electric Vehicle (PHEV)
• Hybrid Electric Vehicles (HEVs)

Engine Types Covered:

• Internal Combustion (IC) Engine
• Electric

Distribution Channels Covered:

• Original Equipment Manufacturer (OEM)
• Aftermarket

Regions Covered:

• North America
• Europe
• Asia Pacific
• South America
• Middle East & Africa

Key Questions Answered in this Report:

• How this market evolved since the year 2020
• Market size estimations, forecasts and CAGR for all the segments presented in the scope
• Key Market Developments and financials of the key players
• Opportunity Analysis for the new entrants
• SWOT Analysis of the key players
• Fastest growing markets analyzed during the forecast period