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Automatic Transmission Market 2019 Major Players: Continental AG, Magna International, ZF Friedrichshafen AG, Aisin Seiki Co. Ltd, Eaton Corporation PLC

03-27-2019 04:37 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Market Prognosis

the Global Automatic Transmission market is accounted for $ 156.09 billion in 2017 and is expected to reach $282.17 billion by 2026 growing at a CAGR of 6.8%. The rising demand as consumer preferences change and increasing demand for lightweight transmission systems are some key facto0072s influencing the market growth. However, fluctuations in raw material prices and the high cost of transmission systems are inhibiting the market. In addition, low maintenance cost is providing ample of opportunities growing adoption of an automatic manual transmission (AMT) across compact cars are providing ample opportunities.

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Automotive transmission ensures smooth shifting of gears in a vehicle for transferring torque generated by the engine to drive the vehicle. Mainly there is two main type of transmission manual transmission and automatic transmission. An automatic transmission is a system in a vehicle that changes gears at different speeds without a control driver. It provides enhanced driving experience and better fuel efficiency than a manual transmission. The manual transmission is a system in a vehicle that requires manual interference to shift the gear depending upon the situation.

Amongst vehicle, passenger vehicle segment accounted for the largest market share in the global due to the transmission system has been evolving from simple four-speed automatic transmission to more sophisticated eight to nine-speed automatic transmissions to offer comfort and fuel efficiency to the consumer. By geography, Asia Pacific has become the largest regional industry for alternative fuel passenger cars due to rapid industrialization and growth of the automobile industry, with Japan and China being the leaders in this region. The automotive production is concentrated among countries like Japan, China, South Korea, and India.

Some of the key players in Automatic Transmission market include are Continental AG, Magna International, ZF Friedrichshafen AG, Aisin Seiki Co. Ltd, Eaton Corporation PLC, Allison Transmission Inc, Jatco (Nissan Motor Corp., Borgwarner Inc, Schaeffler AG, GKN PLC, Hyundai Dymos, Magneti Marelli S.p.A, Volkswagen India Pvt Ltd, Nissan Motor India Pvt Ltd, and Skoda Auto India Pvt Ltd.

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Market Segments:
Products Covered:
• Automatic Transmission
• Automatic manual transmission (AMT)
• Dual-Clutch Transmission (DCT)
• Continuously Variable Transmission (CVT)
• Manual Transmission

Vehicles Covered:
• Commercial Vehicle
• Electric Vehicle
• Passenger Vehicle
• Defense
• Construction
• Farm Tractors
• Off-road

Sales channels Covered:
• Original Equipment Manufacturer (OEM)
• Aftermarket

Fuel Types Covered:
• Diesel
• Gasoline (Petrol)

Number of Forward Gears Covered:
• Less Than 5
• 5 u2013 6
• 7 u2013 8
• 9 u2013 10
• Above 10

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About Us
We at Market Prognosis believe in giving a crystal clear view of market dynamics for achieving success in today’s complex and competitive marketplace through our quantitative & qualitative research methods.
We help our clients identify the best market insights and analysis required for their business thus enabling them to take strategic and intelligent decision.
We believe in delivering actionable insights for your business growth and success.

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ProgMark Pvt Ltd,
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India. Contact- +1 973 241 5193
Email- sales@marketprognosis.com

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