Press release
Driving Transformation : The Road to $18.1 Billion - The Automotive Advanced Shifter System Market's Journey by 2031
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.๐๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ ๐๐ฌ - 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.
๐๐๐ซ๐จ๐๐ฎ๐ซ๐ ๐๐จ๐ฆ๐ฉ๐ฅ๐๐ญ๐ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฐ - 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 ๐๐ญ๐ฌ๐ฎ๐ฆ๐ข๐ญ๐๐ ๐๐จ., ๐๐ญ๐., ๐๐๐ฅ๐ญ๐ ๐๐จ๐ ๐ฒ๐จ ๐๐จ., ๐๐ญ๐., ๐๐ฎ๐ซ๐ ๐๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ ๐๐ฒ๐ฌ๐ญ๐๐ฆ๐ฌ, ๐๐ข๐ฌ๐ฌ๐ฆ๐๐ง๐ง ๐๐ซ๐จ๐ฎ๐ฉ ๐๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐, ๐ ๐ข๐๐จ๐ฌ๐ ๐๐ง๐ญ๐๐ซ๐ง๐๐ญ๐ข๐จ๐ง๐๐ฅ ๐.๐., ๐ ๐ฎ๐ฃ๐ข ๐๐ข๐ค๐จ ๐๐จ., ๐๐ญ๐., ๐๐๐๐, ๐๐ง๐., ๐๐จ๐ง๐ ๐ฌ๐๐๐ซ๐ ๐๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐, ๐รผ๐ฌ๐ญ๐๐ซ ๐๐จ๐ฅ๐๐ข๐ง๐ ๐๐ฆ๐๐, ๐๐๐จ๐ฉ๐จ๐ฅ๐ ๐๐จ๐ฌ๐ญ๐๐ฅ ๐๐ฆ๐๐ & ๐๐จ. ๐๐, ๐&๐ ๐๐ฅ๐ฅ๐ข๐๐ ๐๐๐๐ก๐ง๐จ๐ฅ๐จ๐ ๐ข๐๐ฌ, ๐๐ซ๐ฌ๐๐ก๐๐ฅ๐ง ๐๐ซ๐จ๐๐ฎ๐๐ญ๐ฌ, ๐๐ข๐ฅ๐ ๐๐ซ๐จ๐ฎ๐ฉ (๐๐ข๐ฅ๐๐ญ๐๐๐ก ๐๐ซ๐ฅ), ๐๐ญ๐จ๐ง๐๐ซ๐ข๐๐ ๐ ๐๐ง๐., ๐๐ง๐ ๐๐ ๐ ๐ซ๐ข๐๐๐ซ๐ข๐๐ก๐ฌ๐ก๐๐๐๐ง ๐๐.
๐๐๐ง๐ญ๐๐ซ๐๐ฌ๐ญ๐๐ ๐ญ๐จ ๐๐ซ๐จ๐๐ฎ๐ซ๐ ๐ญ๐ก๐ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ? ๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐๐๐๐จ๐ซ๐ ๐๐ฎ๐ฒ๐ข๐ง๐ - https://www.alliedmarketresearch.com/purchase-enquiry/31863
๐๐ข๐ฆ๐ข๐ฅ๐๐ซ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ ๐๐๐ฏ๐ ๐จ๐ง ๐๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ:
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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๐๐๐จ๐ฎ๐ญ ๐๐ฌ
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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