Automotive Transmission Market Drivers, Restraints and Challenges Analysis Report 2021-2027

The global automotive transmission market is largely consolidated in terms of its vendor landscape, partly owing to the presence of few manufacturers that solely operate in the field and the preference of several leading auto-makers to in-house manufacturing of transmission systems in collaboration with some tier-I companies, observes Research Report Insights in a recent report.This has led to a scenario wherein other transmission system manufacturers are left with very little scope of expansion.

Some of the leading players in the market are Eaton Corporation, Continental AG, Allison Transmission, ZF Friedrichshafen AG, Borg Warner, Magana International Inc., JATCO, and Aisin Seiki.According to the report, the global automotive transmission market was valued at US$30020 Mn in 2016 and is projected to rise to US$53.2 Bn by 2025, registering a CAGR of 6.6%  2025 EndRequest For Report Sample: https://www.researchreportinsights.com/report/sample/110114571/Automotive-Transmission-MarketManual Transmission Continues to Remain Most Preferred Owing to Low CostIn terms of the type of transmission chiefly used in automobiles, namely manual and automatic, the segment of manual transmission is presently the clear leader.

Low cost of vehicles with manual transmission, well-established market for manual transmission vehicles, and lack of awareness among consumers regarding the vast benefits of automatic transmission have worked in favor of the manual transmission segment so far.Geographically, the rising uptake of passenger vehicles across emerging economies such as India and China, the market for automotive transmission in Asia Pacific is likely to emerge as the most lucrative one.

The market in North America is also expected to exhibit a promising pace of expansion owing to the demand for vehicles with advanced transmission systems.Rising Focus on Achieving Improved Fuel Economy Drives Major Developments in MarketWhile the continuous rise in demand for passenger vehicles across emerging economies forms the central factor driving the steady expansion of the market, a number of factors are also leading to vast changes in the way the market is developing.

Moreover, automobile manufacturers are also continuously undertaking research efforts to improve vehicle performance so as to reduce transmission power response time and meet carbon emission norms.The scenario has resulted in the development of technologically advanced products such as continuous variable transmission (CVTs), 9-speed automatic transmission, and dual shafts gearboxes (DSG).

The increased demand for automatic transmission in entry-level vehicles, especially across emerging economies such as India, Brazil, and Mexico owing to the added convenience and comfort offered by automatic transmission, is also working in favor of the market.Lack of Awareness Regarding Benefits of Automatic Transmission Continues Limit GrowthThe market struggles to exploit its full potential across regional markets that feature consumer that lack the awareness regarding the vast benefits of advanced transmission systems and are highly sensitive regarding the cost of advanced vehicles.

Automotive Transmission Market by Type (Automatic, Manual, AMT, DCT, CVT), Vehicle type (Passenger Car, LCV, HCV, & Electric Vehicle), Number of Forward Gears, Fuel, & Region (Asia-Pacific, North America, Europe, RoW) - Global Forecast to 2021.

Download our free PDF Brochure and gain crucial industry insights that will help your business grow:https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=1063 In the research methodology, various secondary sources has been used such as Society of Indian Automobile Manufacturers (SIAM), China Association of Automobile Manufacturers (CAAM), Environmental Protection Agency (EPA), International Council on Clean Transportation (ICCT) and European Automobile Manufacturers Association (EAMA).

Interviews have been conducted with experts from related industries and suppliers to understand the future trends of the automotive transmission marketBrowse and in-depth TOC on Automotive Transmission Market 84 - Tables69 - Figures          167 – Pages Request for free Customization: https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=1063Target AudienceAutomotive OEMsAutomotive transmission suppliersAutomotive transmission manufacturers associationsAutomotive transmission distributorsThe automatic transmission (AT) market, in terms of value, is estimated to grow at the highest CAGR during the forecast period.

In developed regions such as Europe and North America, scooters and motorcycles are mainly used for recreational purposes they are cheap to buy, easy to operate and convenient to park.Request for sample:https://www.marketsandmarkets.com/requestsampleNew.asp?id=1063The favorable macroeconomic factors in the Asia-Pacific, like cheap labor, government incentives for the manufacturing industry and large local market have ensured that this region accounts for the largest share of the global transmission market.

It consists of countries such as China, India, Japan, and South Korea where a majority of the automotive production is concentrated.

Automotive Transmission Market Key Players Aisin Seiki Co. (Japan),ZF Friedrichshafen AG (Germany),Getrag Corporate Group (Germany),Jatco Ltd. (Japan),Magna Powertrain (U.S.).

The Global Automotive Transmission Market Research Report - Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026 gives an evaluation of the market developments based on historical studies and comprehensive research respectively.

The market segments are also provided with an in-depth outlook of the competitive landscape and a listing of the profiled key players.The comprehensive value chain analysis of the market will assist in attaining better product differentiation, along with detailed understanding of the core competency of each activity involved.

The market attractiveness analysis provided in the report aptly measures the potential value of the market providing business strategists with the latest growth opportunities.The report classifies the market into different segments based on transmission type, vehicle type, fuel type and number of forward gears.

These segments are studied in detail incorporating the market estimates and forecasts at regional and country level.

The segment analysis is useful in understanding the growth areas and probable opportunities of the market.Leading Segment in this market:By Vehicle Type – Passenger CarsBy Geography – Asia PacificFinal Report will cover the impact of COVID-19 on this industry.Browse the complete Global Automotive Transmission Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026 @ https://www.decisiondatabases.com/ip/10959-automotive-transmission-market-reportThe report also covers the complete competitive landscape of the global Automotive Transmission market with company profiles of key players such as:Aisin Seiki Co., Ltd.Allison Transmission Inc.Borgwarner Inc.Continental AGEaton Corporation PLC.GetragGKN PLCJatco Ltd.Magna International Inc.ZF Friedrichshafen AGA detailed description of each has been included, with information in terms of H.Q, future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other latest industrial developments.SEGMENTATIONS IN THE REPORT:By Transmission Type:Manual TransmissionAutomatic TransmissionAutomated Manual TransmissionDual Clutch TransmissionContinously Variable TransmissionBy Vehicle Type:Passenger CarsLight Commercial Vehicles (LCV)Heavy Commercial Vehicles (HCV)By Fuel Type:GasolineDieselHybridBy Number Of Forward Gears:Less Than 55 – 67 – 89 – 10Above 10By Geography:North America (NA)Europe (EU)Asia Pacific (APAC)Rest of the World (RoW)Download Free Sample Report of Global Automotive Transmission Market @ https://www.decisiondatabases.com/contact/download-sample-10959The Global Automotive Transmission Market has been exhibited in detail in the following chapters –Chapter 1 Automotive Transmission Market PrefaceChapter 2 Executive SummaryChapter 3 Automotive Transmission Industry AnalysisChapter 4 Automotive Transmission Market Value Chain AnalysisChapter 5 Automotive Transmission Market Analysis  By Transmission TypeChapter 6 Automotive Transmission Market Analysis By Vehicle TypeChapter 7 Automotive Transmission Market Analysis By Fuel TypeChapter 8 Automotive Transmission Market Analysis By Number Of Forward GearsChapter 9 Automotive Transmission Market Analysis By GeographyChapter 10 Competitive Landscape Of Automotive Transmission CompaniesChapter 11 Company Profiles Of Automotive Transmission IndustryPurchase the complete Global Automotive Transmission Market Research Report @ https://www.decisiondatabases.com/contact/buy-now-10959Other Reports by DecisionDatabases.com:Global Automotive Continuously Variable Transmissions Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026Global Automatic Transmission Fluid Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026Global Electricity Transmission Equipment Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026About-Us:DecisionDatabases.com is a global business research reports provider, enriching decision makers and strategists with qualitative statistics.

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