Press release
Automotive Transmission Market is Estimated to Reach USD 47,548 Million by 2030: Cognitive Market Research
Automotive Transmission Market is Estimated to Reach USD 47,548 Million by 2030: Cognitive Market Research
Automotive transmission is the process of regulating the power application. It is used to send power from the engine to the differential and axel, which then sends power to the wheels. The function of the automotive transmission system is to manage power applications and engage gears in response to the vehicle's torque and speed. It includes the wheels, back axle, clutch, gearbox, and propeller shaft.
Summary:
• As per the study of CMR, The Global Automotive Transmission market was valued at USD 24,357 Million in 2022 and is expected to reach USD 47,548 Million by the end of 2030.
• Based on transmission type, the manual type segment is forecasted to dominate the growth of the global automotive transmission market
• Based on fuel type, the gasoline segment is forecasted to dominate the growth of the global market
• Based on vehicle type, the passenger cars segment is forecasted to dominate the growth of the global market
To know more about The Automotive Transmission Market statistics click here: https://www.cognitivemarketresearch.com/automotive-transmission-market-report
Automotive Transmission Market Dynamics:
Increasing traffic crowding and growing demand for fuel-efficient vehicles are forecasted to dominate the growth of the global automotive transmission market. In addition, the introduction of government regulations for safety, carbon emission, and lightweight vehicles drives the demand for the global market. Furthermore, the development of hybrid drives and the growing popularity of automatic transmission will provide the opportunity for the growth of the global market. Additionally, technological development in automotive transmission manufacturing provides the opportunity for the target market.
However, high costs related to the automotive transmission system may hamper the growth of the global market.
Automotive Transmission Market Segmentation:
Transmission Type:
• Automatic
• Manual
Based on transmission type, the manual type segment is forecasted to dominate the growth of the global automotive transmission market. This is attributed to the manual type generally offering better mileage than its automatic variant which drives the demand for the global market.
Fuel Type:
• Gasoline
• Diesel
• Others
Based on fuel type, the global market is segmented into diesel, gasoline, and others. The gasoline segment is forecasted to dominate the growth of the global market, due to significant developments in pollution control technology for diesel engines with the introduction of ultra-low sulfur diesel.
Vehicle Type:
• LCVs
• HCVs
• Passenger Cars
Based on vehicle type, the passenger cars segment is forecasted to dominate the growth of the global market, due to increasing demand for passenger cars across the globe driving the demand for the global market.
Competitive Analysis of Automotive Transmission Market: ASIN, ZF, Jatco, Getrag, Volkswagen, Honda, MOBIS, Magna, SAIC, GM, Chongqing Tsingshan, Allison Transmission, Continental, Zhejiang Wanliyang, Borgwarner, Eaton Corporation
Get free sample pages of the latest published Automotive Transmission Market Report: https://www.cognitivemarketresearch.com/automotive-transmission-market-report
North America has the highest revenue share in the global automotive transmission market
North America region is forecasted to dominate the growth of the global automotive transmission market with the highest revenue share. This is attributed to increasing non-residential development and rising consumer spending on home furniture drives the demand for the global market. Furthermore, Asia Pacific is forecasted to dominate the target market in terms of growth rate. This is attributed to the rising production of plywood and the expansion of the construction industry, particularly in developing nations in the country in the region
Automotive Transmission Market Recent News:
In April 2021, ZF Friedrichshafen AG announced the introduction of the ZF PowerLine for new medium-duty vehicle 8-speed automatic transmissions.
Browse Here For Full TOC:
Table of Content (Revenue USD Edition), (Enquire about Volume/Consumption Edition Data)
Chapter 1 Industrial Insight and Market Scope
• 1.1 Global Automotive Transmission Industry Introduction
• 1.2 Objectives of the Study
• 1.3 USP of the Report
• 1.4 Who is this report for?
• 1.5 Designing of Market Scope
1.5.1 Automotive Transmission Market Segmentation
1.5.1 Automotive Transmission Market Regional Fragmentation
1.5.1 Automotive Transmission Market Players
• 1.6 Report Duration
• 1.7 List of Stakeholders
Chapter 2 Research MethodologyReview Complete Research Methodology
Chapter 3 Executive Summary of Automotive Transmission Market
• 3.1 Global Automotive Transmission Market Size 2018 - 2030, (USD Million)
• 3.2 Global Automotive Transmission Value, Absolute & Opportunity Analysis
• 3.3 Global Automotive Transmission Market Y-o-Y Growth Rate Projection by Region (2023 - 2030)
• 3.4 Global Automotive Transmission Market Statistics 2022: Snapshot
Chapter 4 Global Automotive Transmission Market Overview
Chapter 5 Competitive Analysis (Subject to Availability)
Chapter 6 Environmental, Social, and Governance (ESG) Analysis
Chapter 7 Qualitative Analysis
Chapter 8 Company Profiling (Subject to Availability)
Chapter 9 Global Automotive Transmission Market by Transmission Type Segmentation Analysis (2018-2030)
Chapter 10 Global Automotive Transmission Market by Fuel Type Segmentation Analysis (2018-2030)
Chapter 11 Global Automotive Transmission Market by Vehicle Type Segmentation Analysis (2018-2030)
Chapter 12 Global Automotive Transmission Market Regional Analysis
Chapter 13 North America Automotive Transmission Market Outlook (2018 - 2030)
Chapter 14 Europe Automotive Transmission Market Outlook (2018 - 2030)
Chapter 15 Asia Pacific Automotive Transmission Market Outlook (2018 - 2030)
Chapter 16 Latin America Automotive Transmission Market Outlook (2018 - 2030)
Chapter 17 Middle East and Africa Automotive Transmission Market Outlook (2018 - 2030)
Chapter 18 Research Findings
Customize the Report Edition (Is applicable, On Request, Subject to Data Available, At an Additional Cost)
To know more about The Automotive Transmission Market TOC click here: https://www.cognitivemarketresearch.com/automotive-transmission-market-report#table_of_contents
Related Report:
• Dual Clutch Transmission Market- https://www.cognitivemarketresearch.com/dual-clutch-transmission-market-report
• Dual Clutch Transmission Fluid Market- https://www.cognitivemarketresearch.com/dual-clutch-transmission-fluid-market-report
• Automotive Seat Belt Market- https://www.cognitivemarketresearch.com/automotive-seat-belt-market-report
• Car Electronics And Communication Accessories Market- https://www.cognitivemarketresearch.com/car-electronics-and-communication-accessories-market-report
𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐔𝐬
Nicolas Shaw
Cognitive Market Research
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Illinois, 60602
United States
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Email: sales@cognitivemarketresearch.com
Website: https://www.cognitivemarketresearch.com/about-us
About Cognitive Market Research Company :
Cognitive Market Research has evolved as one leading market research and consulting firm and it provides services across multiple domains. Cognitive Market Research gathers and analyzes data about customers, competitors, distributors, and other market actors and forces operational across the value chain. As a market research company, we follow a complete process of gathering information about the target market and end-use industries to verify the complete journey of the product or service in the global market. It helps our readers understand the demand and viability of their product/service and how it might perform in the real world and help them to build business strategies accordingly.
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