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North American Transmission System Market: Latest Trends and Developments in Global Market

04-18-2019 06:42 PM CET | IT, New Media & Software

Press release from: Allied Market Research

Transmission system uses a set of gears ratios that switches between them as speed varies and converts torque from the engine to wheels. The switching can be performed manually or automatically. The gearbox plays a crucial role in an adaptation of the output of an internal combustion engine to drive wheels to provide the necessary speed. The components of the transmission system are modulator, torque converter, governor, output shafts, planetary gears, differential, hydraulic designs, and axles. It increases fuel efficiency and ensures the smooth operation of a vehicle. Manufacturers are striving to provide cost-effective solutions without compromising on performance to attract users globally.

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The key factors that fuel the growth of the North American transmission system market are improved fuel efficiency for conventional systems, enhanced driving experience in terms of smooth gear shifting, and growing demand for low carbon footprint technologies. The restraining factors are saturation of the automatic transmission systems in the North American market, increasing demand for electric vehicles, and the high cost of high-end transmission systems. However, increasing demand for hybrid vehicles and emergence of CVT as a key technology for improved fuel efficiency create opportunities for growth of the market.

The North American transmission system market is segmented based on vehicle type, transmission type, and geography. On the basis of vehicle type, the market is further classified into Passenger Car, LCV, and HCV. The market is further categorized based on transmission type into manual, automatic, AMT, and CVT. This market is segmented into U.S., Mexico, and Canada.

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The prominent manufacturers operating in the market are Magna Internationals Inc., Aisin Seiki Co., JATCO, GKN Drivetrain, Borg Warner, Allison Transmission, ATC Drivetrain, ZF Friedrichshafen AG, Eaton Corporation, and GETRAG Corporate Group. They have implemented strategies, such as partnerships, mergers & acquisitions, collaborations, and others to sustain and strengthen their position in the market.

KEY BENEFITS FOR STAKEHOLDERS:

• The report offers an in-depth analysis of key driving and restraining factors of the North American transmission system market.

• An extensive analysis of dominant market shares for each segment helps in understanding the current status of market.

• This report offers an in-depth quantitative analysis of the current market and estimations through 2015 and 2020, which assists in identifying the prevailing market opportunities.

• The report provides an extensive analysis of current and future market status of the North American transmission system market.

NORTH AMERICAN TRANSMISSION SYSTEM MARKET KEY SEGMENTS:

Market By Vehicle Type

• Passenger Car
• LCV
• HCV

Market By Transmission Type

• Manual
• Automatic
• AMT
• CVT

Market By Country

• U.S.A.
• Mexico
• Canada

Key Market Player:

• Magna International Inc.
• Aisin Seiki Co.
• JATCO
• Borg Warner
• Allison Transmission
• ATC Transmission system
• ZF Friedrichshafen AG
• GETRAG Corporate Group
• GKN Drivetrain
• Eaton Corporation

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About Us:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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