Press release
Global Market For Automotive Automatic Transmission Will Touch An Estimated Valuation Of Us$ 5 Bn By 2026
In FY 2022, the market for vehicle automatic transmissions will likely be worth US$ 70.34 billion, up from US$ 65 billion in FY 2021.The industry saw a Y-o-Y gain of 8.2% over the past year. The automobile automatic transmission market is anticipated to grow at a CAGR of 8.2% between 2022 and 2032, reaching a value of US$ 155 billion by the end of that year.
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The recent COVID-19 pandemic has compelled major stakeholders in the Automotive Automatic Transmission Market such as policymakers, industry players, and investors from gamut of countries to constantly realign their approaches and strategies. These moves are necessary to deal with the setback occurred due to COVID-19 pandemic and tap into new avenues for growth of their businesses. The report on the Automotive Automatic Transmission Market sheds light on all strategies employed by industry leaders to sustain in this pandemic. Through this study, the report presents reliable data on the latest policies and amendments by government bodies amid COVID-19 disruptions.
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Through this report, reader gets insights and assessments on following aspects:
Latest guidelines in important sectors influencing the overall demand in the Automotive Automatic Transmission Market
Detailed profiling of diverse companies operating in this market
Important trends underlining high investments by top shareholders in diverse countries
Shifting consumer preferences and latest trends in key industries
Latest opportunities for investments in diverse technology and product/service types
Varying demand and consumption of diverse product segments
The insights and estimations offered in this report are the output of consistent research by Factmr analysts. The unique approach and effective guidance offered in this report will help stakeholders to comprehend the growth dynamics of the Automotive Automatic Transmission Market.
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Key Segments Covered in the Automotive
Automatic Transmission Industry Survey
Automotive Automatic Transmission by Vehicle Type :
Automotive Automatic Transmission for Compact Cars
Automotive Automatic Transmission for Mid-Sized Cars
Automotive Automatic Transmission for Premium Cars
Automotive Automatic Transmission for Luxury Cars
Automotive Automatic Transmission for Light Commercial Vehicles
Automotive Automatic Transmission for Heavy Commercial Vehicles
Automotive Automatic Transmission by Region :
North America Automotive Automatic Transmission Market
Latin America Automotive Automatic Transmission Market
Europe Automotive Automatic Transmission Market
Asia Pacific Automotive Automatic Transmission Market
The Middle East & Africa Automotive Automatic Transmission Market
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Competitive Landscape
Prominent Automotive Automatic Transmission providers are reliant on partnerships, collaborations, acquisitions, and new software launches to stay afloat in the global market. Constant innovations to ensure a seamless client-customer relationship are the main focus of prominent market players.
In February 2020, Hyundai Motor Company and KIA Motors Corporation announced that they have developed the world's first predictive Information and Communication Technology (ICT) Connected Shift System, enabling the vehicle to automatically shift to the optimal gear after identifying the road and traffic conditions ahead. Moreover, the two companies are planning to further develop the ICT Connected Shift System into an even more intelligent transmission technology that can communicate with traffic signals based on LTE or 5G communication and identify drivers' tendencies, resulting in further refinement of gear-shift control.
In April 2021 - Yamaha Motor Co., Ltd, announced that the company has developed an electric motor reaching the industry's highest class in output density. This unit is aimed at use in hyper-EV models and other offerings in the high-output mobility segment and Yamaha will begin accepting orders for commissioned prototype development from April this year.
This study offers all-inclusive data on:
Study of policies in wealthy as well as developing nations to understand what components are vital in aiding participants to recover following COVID-19 epidemic, with a focus on prospective adjustments in the post-COVID period. Important rules and norms adopted by governmental organisations
Evaluation of the size and market shares of key product segments
analysis of several technologies that are crucial in driving demand in the market for automotive automatic transmissions
a summary of current and future research and development projects being carried out by private Epoxy Resins industry players and public institutions
A thorough analysis of the financial disruptions that the COVID-19 pandemic is projected to cause in several global areas for the next few months
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