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Driving Transformation : The Road to $18.1 Billion - The Automotive Advanced Shifter System Market's Journey by 2031

10-26-2023 08:15 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Allied Market Research

Automotive Advanced Shifter System Market Trend

Automotive Advanced Shifter System Market Trend

According to the report published by Allied Market Research, the global automotive advanced shifter system market generated $10.9 billion in 2021, and is estimated to reach $18.1 billion by 2031, witnessing a CAGR of 5.6% from 2022 to 2031. The report offers a detailed analysis of changing market trends, top segments, key investment pockets, value chains, regional landscape, and competitive scenario. The report is a helpful source of information for leading market players, new entrants, investors, and stakeholders in devising strategies for the future and taking steps to strengthen their position in the market.

๐Ÿ‘‰๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐๐š๐ ๐ž๐ฌ - https://www.alliedmarketresearch.com/request-sample/31863

The prominent key factors that drive the growth of the automotive advanced shifter system market are rise in adoption of lightweight systems for fuel efficiency, increase in demand for driver & passenger safety, comfort & luxury, and surge in demand for automatic transmission. The global automotive industry has experienced tremendous transformation in past few years. The ever-growing demand for fuel efficient vehicles is making vehicle manufacturers focus incessantly on forming new design experiences by enabling efficient incorporation of new technologies and processes, which is anticipated to fortify demand for automotive advanced shifter system up to a great degree during the forecast period.

The report offers a detailed segmentation of the global automotive advanced shifter system market based on technology, component, vehicle type, propulsion, and region. The report provides an analysis of each segment and sub-segment with the help of tables and figures. This analysis helps market players, investors, and new entrants in determining the sub-segments to be tapped on to achieve growth in the coming years.

Based on technology, the automatic shifter segment held the largest share of more than four-fifths of the global automotive advanced shifter system market in 2021, and would maintain its leadership in terms of revenue through 2031. However, the shift-by-wire (SBW) segment is estimated to witness the fastest CAGR of 7.3% during the forecast period.

Based on component, the electronic control unit (ECU) segment was the largest in 2021, capturing two-fifths of the global automotive advanced shifter system market share, and would lead the trail through 2031. The same segment is estimated to witness the fastest CAGR of 6.3% during the forecast period. The report also analyzes the can module, solenoid actuator, and others segments.

๐Ÿ‘‰๐๐ซ๐จ๐œ๐ฎ๐ซ๐ž ๐‚๐จ๐ฆ๐ฉ๐ฅ๐ž๐ญ๐ž ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฐ - https://www.alliedmarketresearch.com/automotive-advanced-shifter-system-market/purchase-options

Based on vehicle type, the passenger car segment was the largest in 2021, grabbing nearly three-fourths of the global automotive advanced shifter system market share and is estimated to dominate in terms of revenue during the forecast period. The same segment would witness the fastest CAGR of 5.9% during the forecast period.

Based on propulsion, the ICE segment was the largest in 2021, grabbing more than 90% of the global automotive advanced shifter system market share and is estimated to dominate in terms of revenue during the forecast period. However, the electric and hybrid segment would witness the fastest CAGR of 16.5% during the forecast period.

Based on region, the market in Asia-Pacific was the largest in 2021, accounting for more than one-third of the global automotive advanced shifter system market size share and would maintain its dominance during the forecast period. The same segment is likely to manifest the highest CAGR of 6.3% from 2022 to 2031. The other regions analyzed in the study include North America, Europe, and LAMEA.

The key players that operate in this automotive advanced shifter system market are ๐€๐ญ๐ฌ๐ฎ๐ฆ๐ข๐ญ๐ž๐œ ๐‚๐จ., ๐‹๐ญ๐., ๐ƒ๐ž๐ฅ๐ญ๐š ๐Š๐จ๐ ๐ฒ๐จ ๐‚๐จ., ๐‹๐ญ๐., ๐ƒ๐ฎ๐ซ๐š ๐€๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ž ๐’๐ฒ๐ฌ๐ญ๐ž๐ฆ๐ฌ, ๐„๐ข๐ฌ๐ฌ๐ฆ๐š๐ง๐ง ๐†๐ซ๐จ๐ฎ๐ฉ ๐€๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ž, ๐…๐ข๐œ๐จ๐ฌ๐š ๐ˆ๐ง๐ญ๐ž๐ซ๐ง๐š๐ญ๐ข๐จ๐ง๐š๐ฅ ๐’.๐€., ๐…๐ฎ๐ฃ๐ข ๐Š๐ข๐ค๐จ ๐‚๐จ., ๐‹๐ญ๐., ๐†๐‡๐’๐, ๐ˆ๐ง๐œ., ๐Š๐จ๐ง๐ ๐ฌ๐›๐ž๐ซ๐  ๐€๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ž, ๐Šรผ๐ฌ๐ญ๐ž๐ซ ๐‡๐จ๐ฅ๐๐ข๐ง๐  ๐†๐ฆ๐›๐‡, ๐‹๐ž๐จ๐ฉ๐จ๐ฅ๐ ๐Š๐จ๐ฌ๐ญ๐š๐ฅ ๐†๐ฆ๐›๐‡ & ๐‚๐จ. ๐Š๐†, ๐Œ&๐“ ๐€๐ฅ๐ฅ๐ข๐ž๐ ๐“๐ž๐œ๐ก๐ง๐จ๐ฅ๐จ๐ ๐ข๐ž๐ฌ, ๐Ž๐ซ๐ฌ๐œ๐ก๐ž๐ฅ๐ง ๐๐ซ๐จ๐๐ฎ๐œ๐ญ๐ฌ, ๐’๐ข๐ฅ๐š ๐†๐ซ๐จ๐ฎ๐ฉ (๐’๐ข๐ฅ๐š๐ญ๐ž๐œ๐ก ๐’๐ซ๐ฅ), ๐’๐ญ๐จ๐ง๐ž๐ซ๐ข๐๐ ๐ž ๐ˆ๐ง๐œ., ๐š๐ง๐ ๐™๐… ๐…๐ซ๐ข๐ž๐๐ซ๐ข๐œ๐ก๐ฌ๐ก๐š๐Ÿ๐ž๐ง ๐€๐†.

๐Ÿ‘‰๐ˆ๐ง๐ญ๐ž๐ซ๐ž๐ฌ๐ญ๐ž๐ ๐ญ๐จ ๐๐ซ๐จ๐œ๐ฎ๐ซ๐ž ๐ญ๐ก๐ž ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐‘๐ž๐ฉ๐จ๐ซ๐ญ? ๐ˆ๐ง๐ช๐ฎ๐ข๐ซ๐ž ๐๐ž๐Ÿ๐จ๐ซ๐ž ๐๐ฎ๐ฒ๐ข๐ง๐  - https://www.alliedmarketresearch.com/purchase-enquiry/31863

๐’๐ข๐ฆ๐ข๐ฅ๐š๐ซ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ ๐–๐ž ๐‡๐š๐ฏ๐ž ๐จ๐ง ๐€๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ž ๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ:

https://www.alliedmarketresearch.com/differential-assembly-starter-motor-and-bevel-gear-market-A09351 - Differential Assembly, Starter Motor and, Bevel Gear Market

https://www.alliedmarketresearch.com/advanced-gear-shifter-system-market - Advanced Gear Shifter System Market

https://www.alliedmarketresearch.com/timing-gear-market-A11993 - Timing Gear Market

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๐€๐›๐จ๐ฎ๐ญ ๐”๐ฌ
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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