Press release
Automotive Gear Shift System Market 2018 Key Country Analysis: Global Key Players Allison Transmission, Aisin Seiki, GETRAG, ZF Friedrichshafen, GKN, ZF Friedrichshafen, Eaton, Continental, Magna, BorgWarner, and JATCO
Automotive Gear Shift System Market 2018 – Global forecast to 2023, research report published by "Market Research Future", Automotive Gear Shift System Market shows rapid growth at 6.56% CAGR for the forecast period of 2018 to 2023. Global Automotive Gear Shift System Market is segmented by System Type (Automatic System, and Manual System), by Fuel Type (Petrol, Diesel, and Gasoline), by Application (Passenger Car, LCV, and HCV) and regions.Automotive Terminal Market Key Players Analyzed In This Report Are:
Allison Transmission (U.S.), Aisin Seiki Co., Ltd. (Japan), GETRAG (Germany), ZF Friedrichshafen AG (Germany), and GKN PLC (U.K.). ZF Friedrichshafen AG (Germany), Eaton Corporation PLC (Republic of Ireland), Continental AG (Germany), Magna International Inc. (Canada), BorgWarner Inc. (U.S.), and JATCO Ltd. (Japan) are among other important players.
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Market Highlights
Automotive gear shift system refers to a transmission system that uses gear and gear drives to control speed and torque of the vehicle. Automotive gear shift system is usually manual or automatic. Gear shift system gives a controlled application of the power to drive the vehicle system. The massive growing sales of passenger cars will boost the demand for fuel-efficient automotive gear shift system. Growing automotive industry, increased advancement in technologies, and increase in demand for fuel-efficient components will enhance the growth of the market both in terms of value and volume. Increase in the average disposable income and growing purchasing power of the customers will enhance the growth of the market. Addition of electric vehicle segment in the automotive industry will create opportunities in the market for new players. However, the growth of the market is challenged by the high price of the product. The increased trend for the customer satisfaction among manufacturers will make it difficult for them to innovate and develop a better fuel efficient gear shift system in an automobile.
The scope of the study segments the global automotive gear shift system market by type, material, fuel, sales, application, and regions.
By Type:
Automatic System
Manual System
By Fuel System:
Petrol
Diesel
Gasoline
By Vehicle Type:
Passenger Cars
Light Commercial Vehicles
Heavy Commercial Vehicles
By Regions:
North America
Asia Pacific
Europe
Rest of the World
Market Research Analysis:
In terms of region, the global market for the automotive gear shift system is segmented into North America, Europe, Asia Pacific, and Rest of the World. Asia Pacific is projected to hold a significant market revenue share over the forecast period in terms of value followed by North America. Increase in sales of vehicles in countries such as China, Japan, and India, and growing demand for the advanced fuel-efficient components will aid the automotive gear shift system market growth. Furthermore, it is estimated that the sales of automotive gear shift system in China will approximately be double to North America. Increased industrialization, low labor cost, and ease of doing business will further boost the market size of the automotive gear shift system in Asia Pacific. North America will be the second largest market in terms of market revenue owing to the increased use of mechanical components in the vehicle.
Scope of the Report
This study provides an overview of the global automotive gear shift system 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, and Rest of the World. The report also provides a forecast, focusing on the market opportunities for the next five years for each region.
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 Estimation
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 Threat Of Substitutes
3.1.4 Segment Rivalry
3.1.5 Bargaining Power Of Buyers
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...
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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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