Automatic Transmission Gears Market to Grow from USD 6 Billion to USD 7.4 Billion by 2028: Rising Demand in Developing Economies and Shift Toward Fuel-Efficient Vehicles Key Market Drivers

The latest report published by Dataintelo reveals that the global automatic transmission gears market was valued at USD 6 𝐁𝐢𝐥𝐥𝐢𝐨𝐧 in 2018, and is set to skyrocket to USD 7.4 𝐁𝐢𝐥𝐥𝐢𝐨𝐧 with a 𝐂𝐀𝐆𝐑 of 5.2% by 2028. This significant growth is largely driven by a surge in the automobile industry, particularly in developing economies such as China and India, where high disposable incomes have led to an increase in spending on vehicle purchases, upgrades, and maintenance.

Along with economic factors, this expanding market is also seeing a boost in demand due to the increasing consumer appetite for fuel-efficient vehicles. This, in turn, has led to an increase in the number of automatic transmission gears being incorporated across a wide array of vehicle platforms, including those used for heavy-duty and commercial purposes.

The study from Dataintelo takes into account a number of key factors and components that are influencing the global market size and future growth of the automatic transmission gears industry. This includes an in-depth look at the role of economic shifts, as well as other critical factors such as regulatory changes, technological advancements, and consumer demand trends.

Given the increase in purchasing power and a keen focus on fuel efficiency, the market for automatic transmission gears is set on a rapid growth trajectory, poised to reshape the landscape of the global automotive industry over the next decade

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐚 𝐟𝐫𝐞𝐞 𝐬𝐚𝐦𝐩𝐥𝐞 𝐫𝐞𝐩𝐨𝐫𝐭 @ https://dataintelo.com/request-sample/97627

𝐓𝐡𝐢𝐬 𝐢𝐬 𝐨𝐧𝐞 𝐨𝐟 𝐭𝐡𝐞 𝐦𝐨𝐬𝐭 𝐝𝐞𝐭𝐚𝐢𝐥𝐞𝐝 𝐫𝐞𝐩𝐨𝐫𝐭 𝐚𝐧𝐝 𝐜𝐨𝐯𝐞𝐫 𝐭𝐡𝐞 𝐟𝐨𝐥𝐥𝐨𝐰𝐢𝐧𝐠 𝐬𝐞𝐠𝐦𝐞𝐧𝐭𝐬:

The autonmatic transmission gears market has been segmented on the basis of𝐓𝐲𝐩𝐞
● CVT
● DSG
● Tiptronic
● Dual-Clutch
● Automated-Manual Transmission

𝐂𝐨𝐦𝐩𝐨𝐧𝐞𝐧𝐭
● Hubs
● Plates
● Housings
● Sensors
● Support Components
● Shafts
● Bearings

𝐀𝐩𝐩𝐥𝐢𝐜𝐚𝐭𝐢𝐨𝐧
● Passenger Cars
● Commercial Vehicles
● Electric Vehicles

𝐒𝐚𝐥𝐞𝐬 𝐂𝐡𝐚𝐧𝐧𝐞𝐥
● OEM
● Aftermarket

𝐑𝐞𝐠𝐢𝐨𝐧
● Asia Pacific
● North America
● Latin America
● Europe
● Middle East & Africa

𝐊𝐞𝐲 𝐏𝐥𝐚𝐲𝐞𝐫𝐬
● Borg-Warner
● Mitsubishi Materials
● ZF
● Aisin
● Continental
● Dana
● Eaton
● GM
● Mahle
● Mercedes-Benz
● Hewland
● Hyundai Powertech
● Fiat
● Allison Transmission
● Bühler Motor
● Oerlikon



The autonmatic transmission gears market is analyzed in a streamlined manner by segmenting it into various categories. Types of automatic transmission gears studied include CVT, DSG, Tiptronic, Dual-Clutch, and Automated-Manual Transmission. Each type of transmission gear is designed uniquely to meet the different requirements of vehicle systems. This division allows to understand which segment holds a major share in the market and which one is emerging as a promising sector. Moreover, the market is also segmented based on the components used in making transmission gears such as hubs, plates, housings, sensors, support components, shafts, and bearings. This segmentation provides a clear picture of which component is largely manufactured and its demand in the automotive industry.

Regionally, the market for autonmatic transmission gears span across Asia Pacific, North America, Latin America, Europe, Middle East, and Africa. Each region's contribution to the market, in terms of production and consumption, is carefully analyzed. The Asia Pacific region, being a manufacturing powerhouse, contributes significantly to the market. North America and Europe, on the other hand, are seen as major consumers owing to their mature automotive industries. Furthermore, Latin America and Middle East & Africa are analysed for their growth potential. Within each region, key players like Borg-Warner, Mitsubishi Materials, ZF, Aisin, Continental, Dana, Eaton, GM, Mahle, Mercedes-Benz, Hewland, Hyundai Powertech, Fiat, Allison Transmission, Bühler Motor, and Oerlikon have been critically studied to understand their respective market strategies and contributions

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐚 𝐟𝐫𝐞𝐞 𝐬𝐚𝐦𝐩𝐥𝐞 𝐫𝐞𝐩𝐨𝐫𝐭 @ https://dataintelo.com/request-sample/97627

𝐌𝐚𝐫𝐤𝐞𝐭 𝐃𝐫𝐢𝐯𝐞𝐫𝐬 for Automatic Transmission Gears:

1. Growing Consumer Preference: One significant driver for the growth of the automatic transmission gear market is the rising consumer preference for automatic gears due to their ease of use, especially in congested city traffic.

2. Increased Vehicle Production: A consistent surge in the production of vehicles globally coupled with rising demand for luxury and comfort in vehicles is driving the automatic transmission gears market.

3. Rapid Urbanization: Rapid urbanization and increasing purchasing power of consumers are also contributing to the growth of the automatic transmission market.

4. Development of Advanced Systems: Technological developments in transmission systems by market players to enhance the vehicle's performance is also a key driver for the growth of automatic transmission gears.

5. Stringent Emission Regulations: Increasingly stringent emission standards worldwide has forced automakers to develop vehicles with automatic transmissions that deliver fuel efficiency and reduced emissions.

𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐢𝐞𝐬 𝐟𝐨𝐫Automatic Transmission Gears:

1. Electric & Hybrid Vehicles: The increasing demand for electric and hybrid vehicles offers an immense opportunity for the growth of the automatic transmission gear market, as these vehicles exclusively use automatic transmission systems.

2. Emerging Markets: The emerging markets in the developing countries due to industrial growth and the rising standard of living provide ample 𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐢𝐞𝐬 𝐟𝐨𝐫the automatic transmission gear market.

3. Autonomous Vehicles: As the automobile sector progresses towards autonomous or self-driving vehicles, the automatic transmission gears market is presented with vast opportunities.

4. Eco-Friendly Transmission Technologies: Demands for eco-friendly transmission technologies are on the rise, presenting significant 𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐢𝐞𝐬 𝐟𝐨𝐫innovation and growth in this sector.

5. Technological Advancements: Continuous advancements in technology and the development of more sophisticated and efficient transmission systems provide vast growth opportunities in the automatic transmission gears market.

6. Consumer Shift: The shift of consumer preference from manual to automatic transmission, especially in emerging economies, presents a potential growth opportunity

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