Automotive Transmission Market Forecast: CAGR 6.87% Growth Through 2030

The global 𝐀𝐮𝐭𝐨𝐦𝐨𝐭𝐢𝐯𝐞 𝐓𝐫𝐚𝐧𝐬𝐦𝐢𝐬𝐬𝐢𝐨𝐧 𝐌𝐚𝐫𝐤𝐞𝐭 is expected to grow significantly, reaching a market size of USD 95.40 Bn. by 2030, up from USD 59.92 Bn in 2023, at a compound annual growth rate (CAGR) of 6.87%. This growth is driven by the rising demand for high-performance vehicles, the shift towards electric mobility, and advancements in transmission technologies such as automatic and dual-clutch transmissions (DCT).

𝐀𝐮𝐭𝐨𝐦𝐨𝐭𝐢𝐯𝐞 𝐓𝐫𝐚𝐧𝐬𝐦𝐢𝐬𝐬𝐢𝐨𝐧 𝐌𝐚𝐫𝐤𝐞𝐭 𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰 𝐚𝐧𝐝 𝐆𝐫𝐨𝐰𝐭𝐡 𝐃𝐫𝐢𝐯𝐞𝐫𝐬

Several key factors are expected to propel the growth of the automotive transmission market:

𝐈𝐧𝐜𝐫𝐞𝐚𝐬𝐢𝐧𝐠 𝐕𝐞𝐡𝐢𝐜𝐥𝐞 𝐏𝐫𝐨𝐝𝐮𝐜𝐭𝐢𝐨𝐧: The demand for passenger cars, commercial vehicles, and electric vehicles (EVs) is on the rise, boosting the need for efficient transmission systems.
𝐄𝐥𝐞𝐜𝐭𝐫𝐢𝐟𝐢𝐜𝐚𝐭𝐢𝐨𝐧 𝐨𝐟 𝐕𝐞𝐡𝐢𝐜𝐥𝐞𝐬: The growing adoption of electric vehicles (EVs) is driving the demand for specialized transmission systems that offer higher energy efficiency and smooth power delivery.
𝐓𝐞𝐜𝐡𝐧𝐨𝐥𝐨𝐠𝐢𝐜𝐚𝐥 𝐀𝐝𝐯𝐚𝐧𝐜𝐞𝐦𝐞𝐧𝐭𝐬: The development of automated manual transmission (AMT), DCT, and CVT systems is revolutionizing vehicle performance, providing smoother shifts, higher fuel efficiency, and reduced CO2 emissions.
𝐂𝐨𝐧𝐬𝐮𝐦𝐞𝐫 𝐃𝐞𝐦𝐚𝐧𝐝 𝐟𝐨𝐫 𝐈𝐦𝐩𝐫𝐨𝐯𝐞𝐝 𝐃𝐫𝐢𝐯𝐢𝐧𝐠 𝐄𝐱𝐩𝐞𝐫𝐢𝐞𝐧𝐜𝐞: As vehicle buyers increasingly prioritize performance and fuel efficiency, the demand for sophisticated transmission systems has surged.

𝐄𝐱𝐩𝐥𝐨𝐫𝐞 𝐝𝐞𝐭𝐚𝐢𝐥𝐞𝐝 𝐝𝐚𝐭𝐚 𝐚𝐧𝐝 𝐢𝐧𝐬𝐢𝐠𝐡𝐭𝐬 𝐛𝐲 𝐯𝐢𝐞𝐰𝐢𝐧𝐠 𝐭𝐡𝐞 𝐬𝐚𝐦𝐩𝐥𝐞 @https://www.maximizemarketresearch.com/request-sample/35517/

𝐑𝐞𝐠𝐢𝐨𝐧𝐚𝐥 𝐆𝐫𝐨𝐰𝐭𝐡 𝐚𝐧𝐝 𝐌𝐚𝐫𝐤𝐞𝐭 𝐓𝐫𝐞𝐧𝐝𝐬

𝐀𝐮𝐭𝐨𝐦𝐨𝐭𝐢𝐯𝐞 𝐓𝐫𝐚𝐧𝐬𝐦𝐢𝐬𝐬𝐢𝐨𝐧 𝐌𝐚𝐫𝐤𝐞𝐭 𝐆𝐫𝐨𝐰𝐭𝐡 𝐚𝐧𝐝 𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐢𝐞𝐬 𝐕𝐢𝐞𝐭𝐧𝐚𝐦:

The automotive transmission market in Vietnam is experiencing steady growth as the country continues to emerge as a hub for automotive manufacturing in Southeast Asia. Vietnam's automotive sector has witnessed a surge in both domestic vehicle production and exports. The demand for automatic transmissions in passenger vehicles is rising as Vietnamese consumers increasingly prefer higher-end models. 𝐕𝐢𝐧𝐅𝐚𝐬𝐭, a prominent Vietnamese automaker, is investing heavily in EVs and transmission technology, signaling significant growth potential in the market.

𝐀𝐮𝐭𝐨𝐦𝐨𝐭𝐢𝐯𝐞 𝐓𝐫𝐚𝐧𝐬𝐦𝐢𝐬𝐬𝐢𝐨𝐧 𝐌𝐚𝐫𝐤𝐞𝐭 𝐄𝐱𝐩𝐚𝐧𝐬𝐢𝐨𝐧 𝐚𝐧𝐝 𝐌𝐚𝐫𝐤𝐞𝐭 𝐓𝐫𝐞𝐧𝐝𝐬 𝐢𝐧 𝐓𝐡𝐚𝐢𝐥𝐚𝐧𝐝:

Thailand, one of Southeast Asia's largest automotive manufacturing centers, is seeing strong demand for both traditional and advanced transmission systems. The country's automotive industry is shifting towards electric and hybrid vehicles, which require specialized transmission systems to optimize performance and efficiency. Thailand's focus on becoming a global hub for electric vehicle production is fostering opportunities for innovation in transmission technologies. Leading automotive manufacturers such as 𝐓𝐨𝐲𝐨𝐭𝐚 𝐌𝐨𝐭𝐨𝐫 𝐓𝐡𝐚𝐢𝐥𝐚𝐧𝐝 and 𝐇𝐨𝐧𝐝𝐚 𝐌𝐚𝐧𝐮𝐟𝐚𝐜𝐭𝐮𝐫𝐢𝐧𝐠 𝐓𝐡𝐚𝐢𝐥𝐚𝐧𝐝 are investing in more efficient transmission systems to meet evolving consumer preferences.

𝐀𝐮𝐭𝐨𝐦𝐨𝐭𝐢𝐯𝐞 𝐓𝐫𝐚𝐧𝐬𝐦𝐢𝐬𝐬𝐢𝐨𝐧 𝐌𝐚𝐫𝐤𝐞𝐭 𝐓𝐞𝐜𝐡𝐧𝐨𝐥𝐨𝐠𝐢𝐜𝐚𝐥 𝐈𝐧𝐧𝐨𝐯𝐚𝐭𝐢𝐨𝐧 𝐆𝐫𝐨𝐰𝐭𝐡 𝐢𝐧 𝐉𝐚𝐩𝐚𝐧:

Japan is home to some of the world's most advanced automotive transmission technologies, with major players such as 𝐓𝐨𝐲𝐨𝐭𝐚, 𝐇𝐨𝐧𝐝𝐚, and 𝐍𝐢𝐬𝐬𝐚𝐧 driving innovations in both internal combustion engine (ICE) and electric vehicle (EV) transmissions. The country is a leader in developing next-generation transmission systems, including CVTs and DCTs, which are increasingly used in hybrid and electric vehicles. Japanese companies are also actively involved in enhancing the performance of transmissions for both commercial and passenger vehicles. Recent mergers, such as 𝐍𝐢𝐬𝐬𝐚𝐧'𝐬 acquisition of 𝐌𝐢𝐭𝐬𝐮𝐛𝐢𝐬𝐡𝐢 𝐌𝐨𝐭𝐨𝐫𝐬 in the EV sector, further emphasize the importance of developing advanced transmission technologies for the future of mobility.

𝐆𝐞𝐭 𝐚 𝐜𝐥𝐨𝐬𝐞𝐫 𝐥𝐨𝐨𝐤 𝐚𝐭 𝐭𝐡𝐞 𝐠𝐚𝐦𝐞-𝐜𝐡𝐚𝐧𝐠𝐢𝐧𝐠 𝐩𝐫𝐨𝐝𝐮𝐜𝐭𝐬 𝐝𝐫𝐢𝐯𝐢𝐧𝐠 𝐬𝐮𝐜𝐜𝐞𝐬𝐬 :https://www.maximizemarketresearch.com/request-sample/35517/

𝐀𝐮𝐭𝐨𝐦𝐨𝐭𝐢𝐯𝐞 𝐓𝐫𝐚𝐧𝐬𝐦𝐢𝐬𝐬𝐢𝐨𝐧 𝐌𝐚𝐫𝐤𝐞𝐭 𝐊𝐞𝐲 𝐃𝐞𝐯𝐞𝐥𝐨𝐩𝐦𝐞𝐧𝐭𝐬 𝐚𝐧𝐝 𝐓𝐫𝐞𝐧𝐝𝐬 𝐢𝐧 𝐒𝐨𝐮𝐭𝐡 𝐊𝐨𝐫𝐞𝐚:

South Korea's automotive sector is experiencing significant changes, particularly in the development and adoption of transmission technologies for electric and hybrid vehicles. Companies like 𝐇𝐲𝐮𝐧𝐝𝐚𝐢 𝐌𝐨𝐭𝐨𝐫 𝐂𝐨𝐦𝐩𝐚𝐧𝐲 and 𝐊𝐢𝐚 𝐌𝐨𝐭𝐨𝐫𝐬 are accelerating efforts to integrate innovative transmission solutions into their EV and hybrid vehicle lines. 𝐇𝐲𝐮𝐧𝐝𝐚𝐢 𝐓𝐫𝐚𝐧𝐬𝐲𝐬, a key player in the automotive transmission sector, has made substantial investments in the research and development of high-performance transmissions for both electric and internal combustion engine vehicles. The country's growing emphasis on eco-friendly mobility is driving demand for more efficient and sustainable transmission systems.

𝐀𝐮𝐭𝐨𝐦𝐨𝐭𝐢𝐯𝐞 𝐓𝐫𝐚𝐧𝐬𝐦𝐢𝐬𝐬𝐢𝐨𝐧 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐠𝐮𝐥𝐚𝐭𝐨𝐫𝐲 𝐔𝐩𝐝𝐚𝐭𝐞𝐬 𝐚𝐧𝐝 𝐌𝐚𝐫𝐤𝐞𝐭 𝐔𝐩𝐝𝐚𝐭𝐢𝐨𝐧 𝐢𝐧 𝐒𝐢𝐧𝐠𝐚𝐩𝐨𝐫𝐞:

Singapore's automotive market is embracing new trends in both electric and hybrid vehicle transmission systems. As part of its Green Plan 2030, Singapore aims to significantly reduce its carbon emissions, promoting the adoption of electric vehicles and associated technologies, including advanced transmissions. Companies such as 𝐇𝐲𝐮𝐧𝐝𝐚𝐢 𝐓𝐫𝐚𝐧𝐬𝐲𝐬 and 𝐁𝐨𝐬𝐜𝐡 are focusing on Singapore as a key hub for research and development of transmission systems that cater to both regional and global markets. The government's strong regulatory push for sustainable mobility will likely drive further investment in the automotive transmission sector.

𝐀𝐮𝐭𝐨𝐦𝐨𝐭𝐢𝐯𝐞 𝐓𝐫𝐚𝐧𝐬𝐦𝐢𝐬𝐬𝐢𝐨𝐧 𝐌𝐚𝐫𝐤𝐞𝐭 𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐢𝐞𝐬 𝐚𝐧𝐝 𝐆𝐫𝐨𝐰𝐭𝐡 𝐢𝐧 𝐔𝐧𝐢𝐭𝐞𝐝 𝐒𝐭𝐚𝐭𝐞𝐬:

The United States is one of the largest markets for automotive transmissions, driven by the growing demand for both traditional and electric vehicles. The shift towards electric vehicles in the U.S. has led to an increasing demand for specialized transmission systems to optimize energy efficiency and performance. 𝐆𝐞𝐧𝐞𝐫𝐚𝐥 𝐌𝐨𝐭𝐨𝐫𝐬, 𝐅𝐨𝐫𝐝, and 𝐓𝐞𝐬𝐥𝐚 are making significant strides in the development of innovative transmission systems for electric vehicles. Moreover, mergers and acquisitions within the U.S. automotive sector, such as 𝐅𝐨𝐫𝐝'𝐬 acquisition of 𝐑𝐢𝐯𝐢𝐚𝐧 𝐀𝐮𝐭𝐨𝐦𝐨𝐭𝐢𝐯𝐞, highlight the importance of advanced transmission systems in the future of transportation. These developments are expected to significantly influence the automotive transmission market in the country.

𝐔𝐧𝐥𝐨𝐜𝐤 𝐜𝐫𝐢𝐭𝐢𝐜𝐚𝐥 𝐦𝐚𝐫𝐤𝐞𝐭 𝐢𝐧𝐬𝐢𝐠𝐡𝐭𝐬 𝐛𝐲 𝐞𝐱𝐩𝐥𝐨𝐫𝐢𝐧𝐠 𝐭𝐡𝐞 𝐬𝐚𝐦𝐩𝐥𝐞 𝐯𝐢𝐚 𝐭𝐡𝐞 𝐥𝐢𝐧𝐤 @https://www.maximizemarketresearch.com/request-sample/35517/

𝐀𝐮𝐭𝐨𝐦𝐨𝐭𝐢𝐯𝐞 𝐓𝐫𝐚𝐧𝐬𝐦𝐢𝐬𝐬𝐢𝐨𝐧 𝐌𝐚𝐫𝐤𝐞𝐭 𝐂𝐨𝐧𝐬𝐨𝐥𝐢𝐝𝐚𝐭𝐢𝐨𝐧 𝐚𝐧𝐝 𝐅𝐮𝐭𝐮𝐫𝐞 𝐏𝐫𝐨𝐬𝐩𝐞𝐜𝐭𝐬 𝐢𝐧 𝐄𝐮𝐫𝐨𝐩𝐞:

Europe remains a major player in the global automotive transmission market, driven by stringent emission regulations and a strong focus on sustainability. Key automotive manufacturers in the region, including 𝐕𝐨𝐥𝐤𝐬𝐰𝐚𝐠𝐞𝐧, 𝐁𝐌𝐖, and 𝐌𝐞𝐫𝐜𝐞𝐝𝐞𝐬-𝐁𝐞𝐧𝐳
, are increasingly adopting dual-clutch transmission systems and continuously variable transmissions (CVTs) to meet the demand for both performance and fuel efficiency. Additionally, Europe's push toward the electrification of its vehicle fleet is creating new opportunities for transmission suppliers to innovate and cater to the needs of hybrid and electric vehicles. The recent merger of 𝐙𝐅 𝐅𝐫𝐢𝐞𝐝𝐫𝐢𝐜𝐡𝐬𝐡𝐚𝐟𝐞𝐧 with 𝐖𝐚𝐛𝐜𝐨 is an example of market consolidation, allowing the companies to combine their technological expertise in transmissions and commercial vehicle systems.

𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧:

𝐛𝐲 𝐓𝐫𝐚𝐧𝐬𝐦𝐢𝐬𝐬𝐢𝐨𝐧 𝐓𝐲𝐩𝐞

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

With the largest compound annual growth rate (CAGR) over the forecast period, the Automatic Transmission category is leading the market based on transmission type. The requirement for fuel-efficient transmission systems and the removal of the driver's behavioral influence on the vehicle (ATs) are driving the need for automated manual transmissions (AMTs) and automatic transmissions. As automated driving systems progressively replace mechanical ones, advanced transmission technologies have a big chance to grow their market share. Automatic transmission systems use a fluid connection system between the clutch and engine. Like a manual transmission system, it makes use of the same gearbox.

𝐛𝐲 𝐍𝐮𝐦𝐛𝐞𝐫 𝐎𝐟 𝐅𝐨𝐫𝐰𝐚𝐫𝐝𝐢𝐧𝐠 𝐆𝐞𝐚𝐫𝐬

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

𝐛𝐲 𝐕𝐞𝐡𝐢𝐜𝐥𝐞 𝐓𝐲𝐩𝐞

PCs
LCVs
Trucks
Buses

During the projection period, the Passenger Car sector is leading the market with the greatest compound annual growth rate (CAGR) based on vehicle type. The fluctuating price of gasoline and the condition of the transportation infrastructure have an impact on the demand for passenger cars. Furthermore, the evolution of transmission technology in the passenger car market-from 4-speed automatic transmissions to 8-speed and 9-speed automatic transmissions-has improved the overall comfort, enjoyment of driving, and fuel efficiency of these vehicles, all of which have contributed to the sector's growth.

𝐛𝐲 𝐇𝐲𝐛𝐫𝐢𝐝 𝐕𝐞𝐡𝐢𝐜𝐥𝐞

PHEV
HEV

𝐛𝐲 𝐅𝐮𝐞𝐥 𝐓𝐲𝐩𝐞

Diesel
Gasoline

With the largest compound annual growth rate (CAGR) over the forecast period, the gasoline segment leads the market based on fuel type. Gasoline automobiles largely meet all emission regulations. They are more efficient and emit less gas than their diesel counterparts. Compared to their diesel equivalents, gas engines are more organized and emit less gas. The division is anticipated to expand over the forecast period because to the growing demand for gasoline in nations such as the United States, China, and India.

𝐛𝐲 𝐓𝐰𝐨-𝐖𝐡𝐞𝐞𝐥𝐞𝐫 𝐓𝐫𝐚𝐧𝐬𝐦𝐢𝐬𝐬𝐢𝐨𝐧 𝐓𝐲𝐩𝐞

Manual
Automatic

𝐆𝐞𝐭 𝐚 𝐝𝐞𝐭𝐚𝐢𝐥𝐞𝐝 𝐚𝐧𝐚𝐥𝐲𝐬𝐢𝐬:https://www.maximizemarketresearch.com/market-report/global-automotive-transmission-market/35517/ 

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

𝐂𝐡𝐞𝐜𝐤 𝐨𝐮𝐭 𝐨𝐮𝐫 𝐭𝐫𝐞𝐧𝐝𝐢𝐧𝐠 𝐬𝐭𝐮𝐝𝐢𝐞𝐬 𝐭𝐨 𝐮𝐧𝐝𝐞𝐫𝐬𝐭𝐚𝐧𝐝 𝐢𝐧𝐝𝐮𝐬𝐭𝐫𝐲 𝐬𝐡𝐢𝐟𝐭𝐬 :

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♦ Global Custom Battery Pack Market https://www.maximizemarketresearch.com/market-report/global-custom-battery-pack-market/52451/

♦ Global Neem Oil Market https://www.maximizemarketresearch.com/market-report/global-neem-oil-market/100072/

♦ Body Oil Market https://www.maximizemarketresearch.com/market-report/global-body-oil-market/70042/

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♦ Down Jacket Market https://www.maximizemarketresearch.com/market-report/down-jacket-market/193900/

♦ Global Automotive Engine Cover Market https://www.maximizemarketresearch.com/market-report/global-automotive-engine-cover-market-industry-analysis-and-forecast-2020-2026-by-vehicle-type-manufacturing-process-material-type-and-region/107080/

♦ Global Molten Salt Reactor Market https://www.maximizemarketresearch.com/market-report/global-molten-salt-reactor-market/102879/

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