Press release
Transmission Repair Market: 2018 Global Industry Size, Share, Growth Factors, Competitive Analysis With Forecast To 2023
Transmission Repair Market Report 2018: Global Industry Size, Share, Growth, Manufactures Analysis To 2023 of 100 pages expands comprehensive information on Global Transmission Repair Market Information Component (Gaskets & Seals, O-ring, Gear, Clutch Plate, Oil Pump), Repair type (Transmission General Repair, Transmission Overhaul), Vehicle Type (Passenger Car, LCV, HCV), region. Worldwide Transmission Repair Market is to grow at 4% CAGR during Forecast Period.Transmission Repair Market Highlights:
The global transmission repair market is very dynamic, and is expected to witness a significant growth over the forecast period. Transmission is one of the most important parts of an automobile and driven by its capability to increase fuel efficiency, it is gradually gaining a lot of attention among the major vehicle manufacturers. The market is largely dependent on the expanding automotive industry which is a direct result of its increasing sales. Other factors driving the market are, the increasing trends that are favoring fuel conservation such as carpooling, inclination towards low emission vehicles, technological advancements along with the emerging economies.
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Key Companies analyzed are The prominent players in the transmission repair market include Allison Transmission (U.S.), ZF Friedrichshafen AG (Germany), BorgWarner Inc. (U.S.), Schaeffler Technologies AG & Co. (Germany), AAMCO (U.S.), Continental AG (Germany), Jiffy Lube (U.S.), Driven Brands Inc. (U.S.), Aisin Seiki Co., Ltd. (Japan), ZF Friedrichshafen AG (Germany) and others.
The global market for transmission repair, on the basis of components, has been segmented as Gaskets and Seals, O-ring, Transmission Filter, Gear, Clutch Plate, Oil Pump and others. Among these, the segment Gaskets and Seals is expected to grow with the highest CAGR over the forecast period. Gaskets are those compressible elements which help in the prevention of passage of any media between two stationary members. These gaskets are capable of withstanding various application temperatures and pressure. . It serves as a barrier to prevent the ingress or egress of various materials such as engine oil. The use of gaskets in various automotive assemblies provide various advantages such as reduction of direct labor costs, reduction of indirect costs/inventory management, reduction of scrap materials, material cost reduction and ease of accommodation of engineering changes. Therefore, gaskets are an important component in the transmission repair market.
Scope of the Report:
This study provides an overview of the global transmission repair market, tracking three market segments across four geographic regions. The report studies key players, providing a six year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific (APAC) and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global Transmission Repair Market by components, repair type, vehicle type and regions.
Intended Audience:
Distributer & Supplier companies
End Users
Consultants and Investment bankers
Government as well as Independent Regulatory Authorities
The market is further expected to experience huge potential of expansion during the forecast period due to the increase in investment by the original equipment manufacturers for manufacturing bigger cars donned with efficient transmission systems. Other factors driving the growth of the market are increasing number of miles covered by an automotive throughout its life which in turn has resulted in an increase in the average age of the vehicles. Furthermore, the rapid improvements in infrastructure along with the increase in the sales of automobiles worldwide is also expected to spur the growth of the market.
Geographically, the global transmission repair market has been divided into four major regions such as North America, Europe, Asia Pacific and the Rest of the World. The North American region is expected to dominate the global transmission repair market over the forecast period. However, the Asia Pacific region is expected to grow with the highest CAGR owing to the flourishing automobile industry in the region. Also, need of transmission repairs is very frequent owing to the increased emission norms driven by the rising environment concerns majorly in countries such as China and Japan.
Major Table Of Content:
1 Executive Summary
2 Scope Of The Report
2.1 Market Definition
2.2 Scope Of The Study
2.2.1 Definition
2.2.2 Research Objective
2.2.3 Assumptions
2.2.4 Limitations
2.3 Research Process
2.3.1 Primary Research
2.3.2 Secondary Research
2.4 Market Size Estimatio
2.5 Forecast Model
3 Market Landscape
3.1 Porter’s Five Forces Analysis
3.1.1 Threat Of New Entrants
3.1.2 Bargaining Power Of Buyers
3.1.3 Bargaining Power Of Suppliers
3.1.4 Threat Of Substitutes
3.1.5 Segment Rivalry
3.2 Value Chain/Supply Chain Analysis
4 Market Dynamics
4.1 Introduction
4.2 Market Drivers
4.3 Market Restraints
4.4 Market Opportunities
4.5 Market Trends
Continued…
Browse Full Report at: https://www.marketresearchfuture.com/reports/transmission-repair-market-5078
The report for global transmission repair market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain a deeper insight of the market and industry performance. The report gives a clear picture of the current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
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