Press release
Automatic Transmission Market: 2018 Share, Aftermarket, Trends, Competitive Analysis And Forecast To 2022
Automatic Transmission Market Highlights:Automatic Transmission Market Global Forecast 2018 to 2022, Global Automatic Transmission Market shows prominent growth by 2022. The global market of Automatic Transmission is booming and expected to gain prominence over the forecast period. The market is forecasted to demonstrate a stunning growth by 2022, surpassing its previous growth records in terms of value with a striking CAGR during the estimated period (2017 – 2022). Automatic Transmission Market studied by Type (Automated Manual Transmission (AMT), Dual-Clutch transmission (DCT), and Continuously Variable Transmission (CVT)), by Vehicle Type (Passenger Car, LCV, HCV), by Fuel (Gasoline, Diesel, and Hybrid) by Region.
Key Players in the Automatic Transmission Industry Studied for This Research Report are: Magna International Inc., Aisin Seiki Co., Ltd., ZF Friedrichshafen AG, Getrag, Jatco Ltd., Eaton Corporation PLC., Continental AG, Allison Transmission Inc., Borgwarner Inc., and GKN PLC.
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Automatic transmission is a type of transmission that can automatically change gear ratios as the auto vehicle moves. It is also called as auto or self-shifting transmission. Transmission system has evolved to provide better performance in the vehicle. Manufacturers of transmission systems are competing to develop fuel efficient systems without compromising on the performance of vehicle. Automatic transmission is preferred over the manual transmission and the reason behind the inclination towards automatic transmissions is fuel efficiency, increased power, and better comfort level. Automatic transmission car are very much popular in the North America due to stringent emission and fuel efficiency regulation. Enhanced driving experience with respect to auto gear shifting & improved acceleration, increasing vehicle production, and increasing need for fuel efficient systems by the vehicle has driven the market of automatic transmission.
Regional Analysis:
Asia Pacific region is expected to grow at a fastest rate due to the increase in the demand for automated clutch and gear shift systems in commercial vehicles. The automated clutch and gear shift helps to reduce the accident and makes the ride safe and comfortable. This will increase the demand for the automated transmission system in future. In North America, there is lesser use of manual transmission system because the torque interruption during the changing of gear. An alternative of manual transmission is the dual clutch transmission which provides two clutch inputs and makes the ride smooth and comfortable. The comfort ride in the vehicle is expected to drive the automatic transmission market in future. There will increase in use of automatic transmission in Europe due to stringent government regulations for emission. In Europe, the government have imposed certain regulations for high emission of CO2 from the vehicle. The vehicle that emits high CO2 will be penalized by taxation and high fuel cost will result in negative impact over the market. .The automatic transmission reduces the emission which will indirectly result in the increased use in the vehicles. This increase use to reduce the emission will result in the growth of the market in Europe.
Scope of the Report:
The report for Global Automatic Transmission 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 the deeper insight of the market and industry performance. The report gives the clear picture of 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.
This study provides an overview of the global Automatic Transmission 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.
Automatic Transmission Market Segmentation:
The global automatic transmission market is segmented in to 3 key dynamics for the convenience of the report and enhanced understanding;
Segmentation by Type: Comprises Automated Manual Transmission (AMT), Dual-Clutch transmission (DCT), and Continuously Variable Transmission (CVT)
Segmentation by Vehicle Type: Comprises Passenger Car, LCV, and HCV
Segmentation by Fuel: Comprises Gasoline, Diesel, and Hybrid
Segmentation by Regions: Comprises Geographical regions - North America, Europe, APAC and Rest of the World.
For more details on this report at: https://www.marketresearchfuture.com/reports/automatic-transmission-market-1826
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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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