The Automotive Transmission System Market Is Growing With the Increasing Demand for Vehicles Worldwide, Top Companies | General Motors, Jatco Ltd., ZF Friedrichshafen AG

Global Automotive Transmission Systems Market, By Transmission Type (Automatic Transmission, Manual Transmission, Automated Manual Transmission, Dual Clutch Transmission, and Continuously Variable Transmission), By Vehicle Type (Passenger Cars, Heavy Commercial Vehicles (HCVs), and Light Commercial Vehicle (LCVs)), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Forecast 2018-2026

Market Overview:

A car transmission is one of the most important components of a vehicle. It’s what moves the power from the engine to the wheels. The transmission varies the speed, the torque, and the direction by changing the transmission ratios and enables the car to start with a high torque. An automatic transmission system, or automatic gearbox, does not require manual switching. Currently, there is increasing demand for automatic transmissions systems worldwide.

There are two type of transmission system automatic transmission and manual transmission, which are types of motor vehicle. In manual transmission, gear ratios change manually as the vehicle moves, while in automatic transmission, the gear ratio change automatically. Moreover, with the growing demand for vehicles, the demand for automotive transmission systems is also increasing worldwide.

Competitive Landscape:

Key players active in the global automotive transmission systems market include GKN PLC, Allison Transmission Inc., Eaton Corporation, Magna Powertrain, General Motors, Jatco Ltd., ZF Friedrichshafen AG, Aisin Seiki Co., Getrag Corporate Group, and Honda Transmission Manufacturing of America Inc.

𝗥𝗲𝗾𝘂𝗲𝘀𝘁 𝗮 𝘀𝗮𝗺𝗽𝗹𝗲 𝘁𝗼 𝗼𝗯𝘁𝗮𝗶𝗻 𝗮𝘂𝘁𝗵𝗲𝗻𝘁𝗶𝗰 𝗮𝗻𝗮𝗹𝘆𝘀𝗶𝘀 𝗮𝗻𝗱 𝗰𝗼𝗺𝗽𝗿𝗲𝗵𝗲𝗻𝘀𝗶𝘃𝗲 𝗺𝗮𝗿𝗸𝗲𝘁 𝗶𝗻𝘀𝗶𝗴𝗵𝘁𝘀 𝗮𝘁 – https://www.coherentmarketinsights.com/insight/request-sample/1420

Key Market Drivers:

Increasing production and sales of all types of vehicle worldwide and the rapid growth of the automotive industry is expected to augment growth of the automotive transmission systems market during the forecast period. For instance, according to the India Brand Equity Foundation (IBEF), in 2020, India was the fifth-largest auto market, with ~3.49 million units combined sold in the passenger and commercial vehicles categories.

Moreover, increasing demand for automatic transmission systems, due to strict fuel economy norms and growing environmental concerns, is expected to aid in the growth of the automotive transmission systems market. For instance, according to General Motors, the available manual transmission system cars may decline, due to strict fuel economy norms and with the growing environmental concerns, in turn is expected to increase the demand for automatic transmission.

𝗥𝗲𝗴𝗶𝗼𝗻𝗮𝗹 𝗔𝗻𝗮𝗹𝘆𝘀𝗶𝘀:

➤ North America: United States, Mexico and Canada

➤ South & Central America: Argentina, Chile, Brazil and Others

➤ Middle East & Africa: Saudi Arabia, UAE, Israel, Turkey, Egypt, South Africa & Rest of MEA.

➤ Europe: UK, France, Italy, Germany, Spain, BeNeLux, Russia, NORDIC Nations and Rest of Europe.

➤ Asia-Pacific: India, China, Japan, South Korea, Indonesia, Thailand, Singapore, Australia and Rest of APAC.

𝗚𝗲𝘁 𝗣𝗗𝗙 𝗕𝗿𝗼𝗰𝗵𝘂𝗿𝗲 𝗗𝗶𝘀𝗰𝗼𝘃𝗲𝗿 𝗺𝗼𝗿𝗲 𝗮𝗯𝗼𝘂𝘁 𝗿𝗲𝗽𝗼𝗿𝘁 𝗮𝗻𝗮𝗹𝘆𝘀𝗶𝘀 𝘄𝗶𝘁𝗵 𝗳𝗶𝗴𝘂𝗿𝗲𝘀 𝗮𝗻𝗱 𝗱𝗮𝘁𝗮 𝘁𝗮𝗯𝗹𝗲𝘀, 𝗮𝗹𝗼𝗻𝗴 𝘄𝗶𝘁𝗵 𝘁𝗵𝗲 𝗠𝗮𝗿𝗸𝗲𝘁 𝗦𝗲𝗴𝗺𝗲𝗻𝘁𝗮𝘁𝗶𝗼𝗻 – https://www.coherentmarketinsights.com/insight/request-pdf/1420

COVID-19 Impact Analysis:

The pandemic has caused many changes in car-buyer behavior and attitude, putting additional pressure on the automotive industry, in turn, affects the demand for automotive transmission systems across the globe. However, the growing trend towards opting automatic transmission system by car-buyers worldwide is expected to increase demand for automotive transmission systems post pandemic. Moreover, the automotive industry is recovering faster and is expected to have a positive impact on the growth of the automotive transmission systems market, as the demand for transmission systems is now increasing with a rapid pace.

𝗢𝗯𝗷𝗲𝗰𝘁𝗶𝘃𝗲𝘀 𝗼𝗳 𝘁𝗵𝗲 𝗥𝗲𝗽𝗼𝗿𝘁:

• Conduct research on and make predictions on the amount and value of the Automotive Transmission Systems Market.

• Determining market shares for the Automotive Transmission Systems Market‘s significant segments.

• To show how different regions of the world’s markets for Automotive Transmission Systems Market are evolving.

• To research and analyze micromarkets with regard to their potential and unique growth patterns, as well as their contributions to the Automotive Transmission Systems Market.

• To give accurate and practical information on the factors impacting the development of Automotive Transmission Systems Market.

• To provide a detailed analysis of the various business tactics used by the Automotive Transmission Systems Market, including R&D, partnerships, agreements, collaborations, acquisitions, mergers, new product launches, and acquisitions, mergers, and acquisitions.

Key Takeaways:

• The automotive transmission systems market is expected to exhibit a CAGR of XX {7b5a5d0e414f5ae9befbbfe0565391237b22ed5a572478ce6579290fab1e7f91} during the forecast period owing to increased focus towards the development of advanced automatic transmission. For instance, Toyota launched the Supra (Toyota’s first model of GR sports car series) in Japan, with an 8-speed sports automatic transmission.
• Among regions, Asia Pacific is expected to witness significant growth in the automotive transmission systems market due to increase in production and sales of passenger vehicles and the rapid growth of the automotive industry in this region. For instance, according to India Brand Equity Foundation (IBEF), in June 2021, total volume of passenger vehicles, three wheelers, two wheelers, and quadricycle production reached 1,693,639 unit.
• Moreover, North America and Europe are expected to witness substantial growth in the automotive transmission systems market due to strict fuel economy norms, rise in demand for automatic transmission systems, and growing environmental concerns. For instance, the European Union (EU) mandated average fuel economy across manufacturer’s fleets. The EU now insists on a 37.5{7b5a5d0e414f5ae9befbbfe0565391237b22ed5a572478ce6579290fab1e7f91} cut in carbon dioxide (CO2) by 2030 to 59 g/km from 2021’s 95 g/km. The passenger car standards are 95 g/km of CO2, phasing in for 95{7b5a5d0e414f5ae9befbbfe0565391237b22ed5a572478ce6579290fab1e7f91} of vehicles in 2020 with 100{7b5a5d0e414f5ae9befbbfe0565391237b22ed5a572478ce6579290fab1e7f91} compliance in 2021.

𝗙𝗔𝗤’𝗦:

➤ What is the estimated growth rate of the market for the forecast period of 2022-2028?

➤ What will the market size be in the anticipated time frame?

➤ What are the primary aspects that will determine the Automotive Transmission Systems Market‘s fate over the forecast period?

➤ What are the major market players’ winning strategies for building a strong presence in the Automotive Transmission Systems Market industry?

➤ What are the primary market trends influencing the Automotive Transmission Systems Market’s growth in various regions?

➤ What are the biggest dangers and difficulties that are likely to stymie the Automotive Transmission Systems Market’s growth?

➤ What are the most critical opportunities for market leaders to succeed and profit?

𝗧𝗮𝗯𝗹𝗲 𝗢𝗳 𝗖𝗼𝗻𝘁𝗲𝗻𝘁:

1. Market Overview

Research Objective and Assumption

Research Objectives

Assumptions

Abbreviations

2. Market Preview

Report Description

Market Definition and Scope

Executive Summary

Market Snippet, By Function

Market Snippet, By Application

Market Snippet, By Region

Coherent Opportunity Map (COM)

3.Market Dynamics, Regulations, and Trends Analysis

Market Dynamics

Drivers

Restraints

Market Opportunities

Regulatory Scenario

Industry Trend

Merger and Acquisitions

New system Launch/Approvals

Value Chain Analysis

Porter’s Analysis

PEST Analysis

Continue…

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𝗔𝗯𝗼𝘂𝘁 𝗖𝗼𝗵𝗲𝗿𝗲𝗻𝘁 𝗠𝗮𝗿𝗸𝗲𝘁 𝗜𝗻𝘀𝗶𝗴𝗵𝘁𝘀

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