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Selector Lever Market Competitive Landscape, Driving Factors and Challenges Analysis 2026

03-03-2021 08:34 PM CET | Tourism, Cars, Traffic

Press release from: Allied Market Research

Selector Lever Market

Selector Lever Market

An automotive selector lever is used to shift gears in a vehicle. The automotive selector level is mounted between the driver and front passenger seats. These leavers are mainly utilized in the vehicles to facilitate the driver or user to adapt to the gear shifting process. The gear levers are primarily poisoned in the middle console of a vehicle in order to attain optimal ergonomics for an energetic driving experience. In addition, it facilitates both manual and automatic gear switching. Rising demand for automation, ergonomic comfort, limited space, and original equipment manufacturer (OEM) focus on weight reduction are key factors that are likely to drive the automotive selector lever market growth during the forecast period.

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Regions covered
North America (U.S., Canada, and Mexico), Europe (Germany, UK, France, Russia, and Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, and Rest of Asia-Pacific), LAMEA (Latin America, Middle East, and Africa)

Companies covered
Tokai Rika, Fuji Kiko, Kongsberg Automotive, ZF Steering Gear, Aisin Seiki, Ficosa International, CIE Automotive, Mahindra Sona, BMW Automobiles, and TVS Motor Company

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Top impacting factors: Market Scenario Analysis, Trends, Drivers and Impact Analysis
Some of the factors that boost the market growth include increase in demand for comfort and smooth transmission of gears. However, the rise in the adoption of electronic shift with specially manufactured knobs and computer-controlled transmission is likely to hamper the market during the forecast period. Furthermore, the high penetration of manual transmission vehicles across the globe is anticipated to offer growth opportunities for the automotive selector lever market during the forecast period.

The selector lever market trends are as follows:

Increase in demand for comfort and smooth transmission of gears
This type of installation offers less occupied space without the assistance of complex interlocking and remote mechanism settings. In addition, the manufacturers are now shifting toward the adoption of miniaturized gear sticks and buttons which in turn hamper the industry growth during the forecast period. Moreover, the early adoption of the lever by premium segment vehicles mainly by Range Rover and Jaguar models have shifted attention for every key market player to offer comfort and smooth transmission in their vehicle to offer a smooth & comfortable driving experience.

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Advancement in technology
The automotive selector lever also improves reliability because it offers the engine more stability when it comes to changing gear, which can provide a much better driving experience. In addition, with the rise in demand for automation, ergonomic comfort, limited space, and original equipment manufacturer (OEM) are focusing on weight reduction and advancing their technology to gain a competitive edge in the market. The demand for proficient turbocharged engines and enhanced engine efficiency has increased rapidly due to the recent innovations done by the manufacturers.

Contact:
David Correa
Portland, OR, United States
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About Us
Allied Market Research (AMR) is a market research and business-consulting firm of Allied Analytics LLP, based in Portland, Oregon. AMR offers market research reports, business solutions, consulting services, and insights on markets across 11 industry verticals. Adopting extensive research methodologies, AMR is instrumental in helping its clients to make strategic business decisions and achieve sustainable growth in their market domains. We are equipped with skilled analysts and experts, and have a wide experience of working with many Fortune 500 companies and small & medium enterprises.

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