Automotive Gearbox Market Analysis Key Trends, Application areas and Forecast

Automotive Gearbox Market size was valued at USD 109.15 Billion in 2020 and is projected to reach USD 152.21 Billion by 2028, growing at a CAGR of 4.24% from 2021 to 2028.

The Automotive Gearbox is an important mechanical part of the automotive power train that controls the speed of the flywheel and transmit torque from the engine to the wheels at a specific desired speed. The Automotive Gearbox is utilized to attain different speed range and torque as per the desired requirement of the driver. The number of gears in an Automotive Gearbox varies from three gears to 8 gears depending on the engine RPM and defined torque range of the vehicle. Moreover, the Automotive Gearbox required to be used also depends on the type of vehicle. The Automotive Gearbox is a crucial component to attain vehicle efficiency at the desired level. The Automotive Gearbox market performance directly or indirectly depends on its parent market growth.

A gearbox is a mechanical device that increases output torque or changes a motor's speed (RPM). The motor shaft is attached to one end of the gearbox, which provides a given output torque and speed dictated by the gear ratio through the internal configuration of gears in the gearbox. To start the vehicle from a standstill, accelerate, climb a slope, draw a cargo, and overcome other obstacles, high torque is required. However, the IC engine has a restricted useful speed range and delivers very little torque. In this case, the engine is to blame for the stall, and the car will come to a halt if the speed falls below the legal limit.

The Automotive Gearbox Market is significantly driven by the automotive production across the globe. Increasing automotive production is anticipated to drive the demand for Automotive Gearbox in near future. Additionally, the consumer preference are changing towards driving experiences along with increased efficiency. The end users are demanding the vehicles with comfortable driving experience along with smooth and easy gear shifting experience. The technological development in the Automotive Gearbox to cater the requirement of the end consumer are estimated to propel the demand for Automotive Gearbox.

An automotive gearbox is a set of gears arranged between the engine and clutch of the vehicle in order to obtain desired torque ratios. The automotive gearbox is located underneath the engine, and is termed as transmission.

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Global Automotive Gearbox Market: Segmentations

Global Automotive Gearbox Market: By Key Players
ZF Friedrichshafen
Aisin Seiki
Magna (Getrag)
Schaeffler
Borgwarner
Eaton
Allison Transmission
Continental
Jatco
Magneti Marelli
GKN
Bonfiglioli
Hyundai Dymos
Oerlikon Graziano
Punch Powertrain
Tremec
Avtec
Aichi Machine Industry
Fuji Machinery
Hewland

Global Automotive Gearbox Market: By Types
3-5
6-8
Above 8

Global Automotive Gearbox Market: By Applications
Passenger Cars
LCVs
Trucks
Buses

Global Automotive Gearbox Market: Regional Analysis
The countries covered in the regional analysis of the Global Automotive Gearbox market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.

Key Benefits:
• The analysis provides an overview of the factors driving and limiting the growth of the market including trends, structure and others.
• Market estimation for type and geographic segments is derived from the current market scenario and expected market trends.
• Porter's Five Force Model and SWOT analysis are used to study the global Automotive Gearbox market and would help stakeholders make strategic decisions.
• The analysis assists in understanding the strategies adopted by the companies for the growth of this market.
• In-depth analysis of the types of Automotive Gearbox would help in identifying future applications in this market.

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• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry with respect to recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes an in-depth analysis of the market of various perspectives through Porter's five forces analysis
• Market dynamics scenario, along with growth opportunities of the market in the years to come

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