Automotive Transmission Market Upcoming Investments, Recent Developments And Business Strategies

Overview of the Automotive Gearbox Market:

a device that modifies the gear or drive ratios that are supplied between the engine and the drive wheels of an automobile, primarily to allow the vehicle to accelerate rapidly from a stop and retain engine efficiency across a broad speed range. Car gearbox systems have features like simple infinite gear control and powerful engine brakes. The gearbox systems of an automobile are the main factors that affect fuel economy, and an AMT system does a good job of providing the driver with the appropriate gear at the appropriate time. A computer-controlled input shaft, a gearbox pump, a hydraulic system, and other components make up this gearbox.

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Automotive Transmission Market Valuation:

Automotive Transmission Market was valued at US$ 56.07 Bn in 2022. The Global Automotive Transmission Market size is estimated to grow at a CAGR of 6.87 % over the forecast period.

Automotive Transmission Market Dynamics

Drivers:

Quick technological development in the automotive sector:

Due to a shift in consumer demand for goods that are more fuel-efficient and perform better, the market is anticipated to be driven over the course of the forecast period by the growing use of dual clutch gearbox (DCT) and continuously variable gearbox (CVT) technologies in place of manual and automatic systems. Prominent producers consistently enhance their products to comply with stringent emission regulations and to enhance the user's experience. The increasing popularity of electric and hybrid vehicles is expected to hasten the electrification of gearbox systems. Effective transmissions improve the performance of automobiles.

Provide comfort while operating a vehicle:

Automakers are gradually switching from manual to automatic gearboxes as a result of better car engines, electric automobiles, and hybrid cars. The global automotive industry's need for automatic gearboxes stems from its ability to shift gears more quickly and smoothly. An automated gearbox will save fuel consumption and give smooth, gentle gear changes, which will make driving more comfortable. With less driver input, the drivability of cars with automated gearboxes is increased.

Automotive Transmission Market Segmentation

Automotive Transmission Market, by Transmission Type

Automatic Transmission
Manual Transmission
Automated Manual Transmission
Continuously variable transmission
Dual Clutch Transmission

With the greatest CAGR of throughout the projected period, the Automatic Transmission segment is leading the market in terms of transmission type. Fuel efficiency and removing the driver's behavioural influence on the vehicle are the driving forces behind the necessity for automated transmissions (ATs) and automated manual transmissions (AMTs). The market for advanced gearbox technology is expected to grow significantly as automated driving systems supplant mechanical ones more frequently. Automatic gearbox systems use a fluid connection system between the engine and clutch. The gearbox is identical to that of a manual gearbox system.

Automotive Transmission Market,by Number Of Forwarding Gears

Less Than 5
5-6
7-8
9-10
Above 10
CVT

Automotive Transmission Market,by Vehicle Type

PCs
LCVs
Trucks
Buses

Depending on the type of vehicle, the fluctuating price of petrol and the condition of the transportation infrastructure affect demand for passenger automobiles. Additionally, the passenger car market has benefited from advancements in transmission technology, which have led to increases in overall comfort, driving enjoyment, and fuel efficiency. These improvements have propelled the sector's expansion from 4-speed automatic transmissions to 8- and 9-speed automatic transmissions.

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Automotive Transmission Market Key Players

1. ZF Friedrichshafen AG
2. Continental AG
3. Allison Transmission
4. Magana International Inc.
5. Eaton Corporation
6. Borg Warner
7. Aisin Seiki
8. JATCO
9. Schaeffler AG
10. Hyundai Dymos
11. Bonfiglioli RIDUTTORI S.P.A.
12. Magneti Marelli S.P.A.
13. Aichi Machine Industry Co. Ltd
14. Vitesco Technologies
15. GKN Automotive

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Table of content for the Automotive Transmission Market includes:

Part 01: Executive Summary

Part 02: Scope of the Automotive Transmission Market Report

Part 03: Global Automotive Transmission Market Landscape

Part 04: Global Automotive Transmission Market Sizing

Part 05: Global Automotive Transmission Market Segmentation by Type

Part 06: Five Forces Analysis

Part 07: Customer Landscape

Part 08: Geographic Landscape

Part 09: Decision Framework

Part 10: Drivers and Challenges

Part 11: Market Trends

Part 12: Vendor Landscape

Part 13: Vendor Analysis

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Regional Insights:

Asia Pacific's automotive gearbox market is expanding rapidly as a result of several factors, including as the region's emerging economies, abundance of low-cost labour, the existence of numerous large auto manufacturing companies, and associated industries. Local governments have tightened automobile emission limits due to environmental concerns. The rising demand for cars in the area, the thriving auto industry, and innovative advancements would all contribute to an increase in interest in various automotive systems during the forecast period. Furthermore, it is expected that throughout the projected period, rising car sales-particularly in South Korea, India, Japan, and China-will support the expansion of the provincial market.

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