Press release
Motorsport Transmission Market Rapid Growth, Future Prospects And Forecast 2030
The motorsport transmission market was valued at US$ 329.44 million in 2022 and is projected to reach US$ 470.38 million by 2030; it is expected to grow at a CAGR of 4.6% during 2022-2030.The global motorsport transmission market has been segmented into five major regions: North America, Europe, APAC, the MEA, and SAM. The global motorsport transmission market is driven by increasing racing car championships and the growing popularity of sports car events globally.
The List of Companies - Motorsport Transmission Market
Marelli Holdings Co Ltd
Ricardo Plc
Drenth Gearboxes Holland BV
EMCO Gears Inc
Samsonas Motorsport UAB
Hewland Engineering Ltd
ZF Friedrichshafen AG
SADEV SAS
Holinger Engineering Co Pty Ltd
Xtrac Ltd
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Motorsport transmission consists of manual, automatic, and sequential systems. Among these, the sequential transmission system accounted for the largest share in 2022, owing to the rising adoption of this gearbox among Formula One cars.
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Regional Analysis:
North America has secured the second position in the global motorsport transmission market. Formula One has the highest popularity in North America, whereas NASCAR has now become the second most popular motorsport in the region. The US market held the maximum share owing to the strong presence of automotive manufacturers and deep-rooted passion for motorsports.
Contact Us: Ankit Mathur(Sr.Vice Persident - Research)
Call: +1-646-491-9876
Email: sales@theinsightpartners.com
About Us:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Life Science, Technology, Healthcare, Manufacturing, Automotive and Defense, Food Beverages, Chemical etc.
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