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Rising at 6% CAGR, Automotive Transmission Market Share to Reach USD 260 Billion, Globally by 2026: Comprehensive Research Report by Facts & Factors
Findings from the report titled "Automotive Transmission Market By Transmission Type (Manual transmission, Continuously variable transmission, Automatic transmission, Dual clutch transmission, and Automated manual transmission) and By Vehicle Type (Passenger Cars, HCVs, and LCVs), By Fuel Type(Diesel, and Gasoline), By Number of Forward Gears(5, 5 - 6, 7 - 8, 9 - 10, and 10): Global Industry Outlook, Market Size, Business Intelligence, Consumer Preference It is estimated that the market would expand at a compound annual growth rate of 6% and will reach approximately 260 billion US dollars by the year 2026.๐๐๐๐ ๐๐๐ญ๐๐ข๐ฅ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ซ ๐๐จ๐ซ๐ ๐๐ง๐๐จ๐ซ๐ฆ๐๐ญ๐ข๐จ๐ง@https://www.fnfresearch.com/automotive-transmission-market-by-transmission-type-manual-transmission-1048
The leading market players are
Toyota Boshoku Corp
DENSO Corporation
Hitachi Automotive Systems
Continental AG
JTEKT Corp.
Robert Bosch GmbH
Yazaki Corp.
Sumitomo Electric Industries
Aisin Seiki Co. Ltd.
Valeo SA
Johnson Controls Inc.
Magna International Inc.
TRW Automotive Holdings Corp.
Hyundai Mobis Co. Ltd
Delphi Automotive PLC
Faurecia S.A.
Lear Corp., and ZF Friedrichshafen AG.
The transmission of an automobile is a network for the transmission of power that allows for the regulated application of that power. Transmission of speed and torque from one spinning power source to another unit is accomplished through the use of gears and gear trains. It is anticipated that there will be an increase in automotive transmission during the projection period due to the increased use of personal vehicles.
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐ ๐ซ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ@https://www.fnfresearch.com/sample/automotive-transmission-market-by-transmission-type-manual-transmission-1048
The increase in the manufacturing and consumption of automobiles all over the world is driving up the need for an automobile transmission. The manufacturing of passenger cars as well as sales of these vehicles is both on the rise in the APAC and North American regions. In a similar vein, the commercial vehicle sector has witnessed tremendous growth in recent years as a direct result of the expansion of the logistics industry as well as the growing demand for public transportation.
There are a number of factors that contribute to the expansion of the market for automotive transmission, but two of the most important ones are the acceleration of technological progress in automobiles all over the world and an increase in the amount of money that consumers have available to spend in developed economies.
๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐ฆ๐จ๐ซ๐ ๐๐๐จ๐ฎ๐ญ ๐ญ๐ก๐ข๐ฌ ๐ซ๐๐ฉ๐จ๐ซ๐ญ@https://www.fnfresearch.com/inquiry/automotive-transmission-market-by-transmission-type-manual-transmission-1048
Another factor contributing to the expansion of the market is consumers' increasing demand for higher levels of luxury and convenience. The high expense of transmission systems is the primary problem that is holding back progress.
The automotive transmission market is segmented according to transmission type, vehicle type, fuel type, and the number of forwarding gears. Based on the transmission type, the market is categorized as Manual transmission, continuously variable transmission, Automatic transmission, Dual-clutch transmission, and automated manual transmission.
๐๐๐๐ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐๐ญ๐ข๐จ๐ง? ๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ@https://www.fnfresearch.com/customization/automotive-transmission-market-by-transmission-type-manual-transmission-1048
According to vehicle type, the market is bifurcated into Passenger Cars, HCVs, and LCVs. In addition to this by fuel type market is further divided into Diesel and Gasoline. Moreover, based on the number of Forwarding Gears market is segmented as
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