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Automotive Transmission Market is anticipated to expand at a compound annual growth rate (CAGR) from 2022 to 2031

01-09-2023 02:44 PM CET | Logistics & Transport

Press release from: Global insight services

Automotive Transmission Market is anticipated to expand at

New York, Global Automotive Transmission Market report from Global Insight Services is the single authoritative source of intelligence on Automotive Transmission Market. The report will provide you with analysis of impact of latest market disruptions such as Russia-Ukraine war and Covid-19 on the market. Report provides qualitative analysis of the market using various frameworks such as Porters' and PESTLE analysis. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.

Read more about Automotive Transmission Market here: https://www.globalinsightservices.com/reports/automotive-transmission-market/

Automotive transmissions are devices that are used to change the speed and torque of a vehicle. Transmissions are typically used in vehicles with internal combustion engines, although they can also be used in electric vehicles. The most common type of automotive transmission is the automatic transmission, which uses a complex system of gears, clutches, and hydraulic fluid to change the speed and torque of a vehicle. Other types of automotive transmissions include manual transmissions, which are operated by the driver using a clutch pedal, and CVTs, which use a belt or chain to change the speed and torque of a vehicle.

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Key Trends

Automotive transmission is a critical component of a vehicle, and technology is constantly evolving. The following are some of the key trends in automotive transmission technology:

1. Increasing use of automatic transmissions: Automatic transmissions are becoming increasingly popular, as they offer a number of advantages over manual transmissions. They are more efficient, and they allow the driver to focus on other tasks while driving.

2. Improved fuel economy: One of the main goals of transmission technology is to improve fuel economy. This is being achieved through a number of different methods, such as the use of lighter materials, more efficient gear ratios, and more effective torque converters.

3. More powerful and efficient engines: Another trend is the development of more powerful and efficient engines. This is resulting in the need for transmissions that can handle more power and torque.

Key Drivers

The Automotive Transmission market is driven by a number of factors.

Firstly, the increasing global demand for vehicles is driving the market for automotive transmissions.

Secondly, the increasing demand for fuel efficiency and emission reduction is also driving the market for automotive transmissions.

Thirdly, the increasing demand for automatic transmissions is also driving the market for automotive transmissions. Finally, the increasing demand for safety and comfort is also driving the market for automotive transmissions.

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Market Segments

The automotive transmission market is segmented by vehicle, fuel, transmission, and region. By vehicle, the market is classified into PCs, LCVs, trucks, and buses. Based on fuel, it is bifurcated into diesel, and gasoline. On the basis of transmission, it is divided into manual, automatic, and others. Region-wise, the market is segmented into North America, Europe, Asia Pacific, and the Rest of the World.

Key Players

The global automotive transmission market includes players such as Aisin Seiki Co Ltd., Allison Transmission Inc., BorgWarner Inc, Continental AG, Eaton Corporation PLC, Getrag, GKN Plc, Jatco Ltd, Magna International Inc., ZF Friedrichshafen AG, and others.

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With Global Insight Services, you receive:

• 10-year forecast to help you make strategic decisions
• In-depth segmentation which can be customized as per your requirements
• Free consultation with lead analyst of the report
• Excel data pack included with all report purchases
• Robust and transparent research methodology

Contact Us:

Global Insight Services LLC
16192, Coastal Highway, Lewes DE 19958
E-mail: info@globalinsightservices.com
Phone: +1-833-761-1700

About Global Insight Services:

Global Insight Services (GIS) is a leading multi-industry market research firm headquartered in Delaware, US. We are committed to providing our clients with highest quality data, analysis, and tools to meet all their market research needs. With GIS, you can be assured of the quality of the deliverables, robust & transparent research methodology, and superior service.

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